American Energy Alliance

“The board of directors of the american energy alliance is appointed by the institute for energy research, a related 501(c)(3) organization.”

“There are no committees that can act on behalf of the governing body.”

“The federal form 990 is prepared by an outside cpa firm and is reviewed and approved by management for accuracy. The federal form 990 is provided to the board of directors of aea prior to filing with the internal revenue service. The federal form 990 is reviewed and signed by the president for filing by the deadline.”

“As a general rule, the organization does not enter into business transactions with members of the board of directors and reviews all transactions for potential conflicts of interest. If management or the board of directors believe a conflict of interest exists, the conflict of interest policy provides for specific procedures to address the conflict. Individuals covered under this policy include officers, directors and a member of a committee with board delegated powers. Conflicts which must be reported include transactions with these individuals, members of their family, entities in which they have an investment in or receive compensation from, and any relationships in which the board of directors, in its sole discretion, believes may or does create a conflict of interest. The policy sets force a requirement to disclose these conflicts. The governing board makes all decisions regarding the determination that a conflict in fact exists and in the determination of the appropriate course of action to resolve the conflict. The party with the potential conflict may present his or her case to the board of directors but may not be involved in the deliberation and final vote or action of the board of directors. Employees are also subject to a conflict of interest policy contained in the employee manual. Similar to the process described above, the governing board and/or president make all decisions regarding the determination that a conflict in fact exists and the board of directors determines the appropriate course of action to resolve the conflict. The party with the potential conflict may present his or her case to the president and/or board of directors but may not be involved in the deliberation and final vote or action of the board of directors.”

“The compensation of the president and top management is determined by their employer, the institute for energy research (ier), and the president's and top management's salary is allocated to the organization based on time and attendance records. The process used by ier to determine the compensation of the president is based upon comparable salaries for executives with similar experience and responsibilities in the nonprofit sector and is approved by the executive committee of board of directors. The executive committee reports to the board of directors at the next board meeting, all of its actions since the last board meeting. Deliberation and approval of the salary is made during an executive session and instructions as to the salary level of the president are made in writing by a member of the executive committee to management. Salaries for top management are also based on comparable salaries of senior level managers in the nonprofit sector using form 990's from comparable organizations as well as published salary reports. The recommended salaries are proposed to the executive committee of the board of directors for their approval. Copies of the salary information used in determining the salary levels above and documents noting the approved salaries are maintained at the corporate headquarters of ier.”

“Aea, upon request, makes available its federal form 990 and all other documents required by law to be made available to the public. Financial statements and any policy documents are provided to the interested parties, such as funders, upon request. The board of directors reserves the right to evaluate the necessity of each such request for financial statements and policy documents and to determine, in its sole discretion, whether to release these documents to an outside party.”

“Research/writing: program service expenses 262,526. Management and general expenses 33,274. Fundraising expenses 22,036. Total expenses 317,836. Consulting services: program service expenses 150,499. Management and general expenses 0. Fundraising expenses 5,999. Total expenses 156,498. Caging & escrow: program service expenses 1,839. Management and general expenses 460. Fundraising expenses 121. Total expenses 2,420.”

“The process has not changed from the prior year.”