QCA Announces Finalization of Nonprofit Organizational Status and Leadership Changes
The Quality Certification Alliance (QCA), the promotional product industry's only independent organization dedicated to helping companies provide safe products, recently announced its official status as a nonprofit organization. QCA's sole purpose is to certify the supplier processes involved in product quality, product safety, supply chain security, social accountability, and environmental stewardship. Tax-exempt status now officially acknowledges what a group of leading suppliers were able to accomplish and sets a high bar in the industry for product safety and compliance. Funded solely by dues and accreditation fees from its members, QCA continues to add suppliers dedicated to the same cause of making the promotional products industry supply chain as secure and socially compliant as possible for all.
An application by QCA for tax-exempt status under provision 501 (c) (6) of the Internal Revenue Code has been approved. The US Department of The Treasury designates for exemption under IRC 501 (c) (6) organizations including business leagues, chambers of commerce, real estate boards, and boards of trade, which are not organized for profit, and no part of the net earnings of which inures to the benefit of any private shareholder or individual.
With the announcement of the tax-exempt status approval, QCA also announced changes to its board of directors. The changes are consistent with QCA's transition from operating with an interim board of founding members to a permanent board of directors. The changes will take effect beginning in January 2015, and will roll out over the next several years to allow for a smooth transition. Focusing on the sustainability of the organization, the QCA board of directors is committed to having board members, and board committee members, who are significantly engaged and have a passion for proactively working together to provide products that consistently meet distributors and their customers' compliance needs.