Progressive State Leaders Committee Inc

“The form 990 was prepared by the outside accountants and reviewed by senior management. A copy of the form 990 was provided to the full board prior to filing with the irs.”

“Annually, each director, principal officer and member of a committee with governing board delegated powers signs a conflict of interest attestation statement. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. After exercising due diligence, the governing board or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Compensation for officers of pslc is issued by democratic attorney generals association (daga), an unrelated organization for tax purposes. The amount of compensation that pslc reimbursed to daga for for officer time spent on pslc business is reported on part ix, line 5.”