Pennsylvania Economy League Inc

“The pel, inc. Board of directors is comprised of directors appointed by the three divisions' boards of directors (i.e., three disregarded entities). Each division has the right to elect three (3) directors to serve on pel, inc.'s board of directors.”

“A final copy of the form 990 will be made available to each board member prior to filing with the irs. Although not required, the board has the opportunity to review and/or comment on the form 990 before or after it is filed as part of its board activities.”

“(pelgp) annually, each officer, director and key employee (o,d,ke) of the organization must complete a conflict of interest disclosure statement and affirm that he/she has read, understood and has complied with the policy. He/she also affirms that the form has been completed to the best of his/her knowledge. All responses to the disclosure statement are summarized by the accounting department, identifying transactions between the o,d,ke and the organizations' vendors, the o,d,ke and the organizations and its affiliates, a summary of each o,d,ke's positions on other boards and a summary of key responses to the questionnaire. The chief executive officer or his/her designee is responsible for reviewing the summary of disclosure statements so that he/she is familiar with and can report potential conflicts to the board. The following applies to all llc's: in addition, each interested person must disclose the existence of any financial interest or other interest (and all material facts regarding such interest) at the time the board is consideraing a transaction that may involve a conflict or the appearance of a conflict. If determined a conflict of interest exists, the interested person must recuse himself or herself from voting. The board will then consider obtaining comparable information with respect to the transaction or arrangement prior to voting. If the governing board has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it will inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the members response and making further investigation as warranted by the circumstances, the board determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. The minutes of the board will disclose the action taken.”

“Compensation process for top official: executive director salary is determined by a compensation committee of the elgp management committee, made up of the board chair, vice chair, and chairs of all standing committees. The committee does an annual performance review and recommends salary and or performance bonuses based on review and meeting planned goals and objectives. The committee has conducted peer organization analysis to ensure salaries are within range. Other professional staff salaries are at the discretion of the executive director, in consultation with the board management committee and audit and finance committee. Part vi, section b, line 15b: compensation process for other officers or key employees: no other officers or key employees were compensated.”

“The public disclosure copy of the form 990 is made available through the organization to the general public upon request. It is preferred that the requestor notifies the organization in writing. If requestor agrees to reimburse for copy charges, a hard copy of the public disclosure copy will be provided and mailed. The organization also makes its public disclosure copy available for inspection at its office locations at no charge. The conflict of interest policy and finanical statements are not made readily available to the public (via the organizations website), but requests for this information would be handled on a case by case basis.”

“Other professional services: program service expenses 394,084. Management and general expenses 181,677. Fundraising expenses 40,368. Total expenses 616,129.”

“Change in pension obligation 449,777.”

“Committee oversight: there were no changes from the prior year.”

“Additional websites of the organization: www.pelcentral.org and www.pelgp.org.”