League of Conservation Voters Inc

“Directors william j. Roberts and kathleen welch have a business relationship.”

“The league of conservation voters has individual members.”

“The league of conservation voters has individual members who elect one member of the board of directors.”

“The federal form 990 is prepared by our outside accountants and reviewed by the cfo, counsel and provided to the board of directors for their review prior to filing with the internal revenue service.”

“To identify possible conflicts of interest all directors, officers and members of any committee exercising board-designated powers must disclose any financial interest in any entity with which the corporation or any legally related organization has or is negotiating a transaction or agreement, and all material facts related to that interest. Financial interests include any direct or indirect relationship through business, investment, or family, such as actual or potential ownership or investment interests or compensation arrangements. Directors must also disclose any fiduciary duty to a person or entity other than the corporation that might jeopardize the director's ability to exercise independent judgement and act in the best interests of the corporation. After discussion with the interested person, the remaining board members must decide if a conflict of interest exists. After exercising due diligence, the board must determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest. All officers, directors and members of the committees with board-delegated powers are required to receive a copy of the conflict of interest policy, as it appears in the bylaws. All officers, directors and members of committees with board-delegated powers must sign an annual statement declaring that the person received a copy of the policy, understands that the policy applies to all committees and sub-committees having board-delegated powers, and understands that the corporation is a charitable and education organization and that in order to maintain its tax exempt status, it must continuously engage primarily in activities which accomplish one or more of its tax exempt purposes.”

“The executive committee of the board of directors conducts a written review of performance, approves compensation of the president, and maintains a contemporaneous record of its decision. The full board is apprised of this review. In a year when the committee considers compensation increases, data from compensation surveys, reviews of other 990s and/or services of an independent consultants are utilized as appropriate as part of the review to help determine and confirm that the compensation is reasonable, and the process is documented. The president conducts annual review of performance and adjustments to compensation of other officers or key employees. This compensation adjustment is supported by a review performed by a third party compensation consultant.”

“Lcv makes available those documents which upon request it is required by law to provide.”

“The league of conservation voters, inc. (lcv) and lcv education fund have entered into a cost sharing arrangement under which lcv education fund reimburses lcv for lcv education fund's allocable share of the compensation of certain employees for services provided to lcv education fund. Lcv education fund and lcv are not "related organizations" as that term is defined in the form 990 glossary. Pursuant to their agreement, the additional compensation paid by the lcv education fund to the following individuals listed on part vii is as follows: gene karpinski: 14 hours per week; $127,861 reportable compensation; $20,811 other compensation titi sonekan: 14 hours per week; $89,005 reportable compensation; $7,538 other compensation tiernan sittenfeld: 3.2 hours per week; $19,259 reportable compensation; $2,969 other compensation pete maysmith: 6 hours per week; $34,512 reportable compensation; $5,442 other compensation richard thomas: 14 hours per week; $94,451 reportable compensation; $13,438 other compensation nancie koenigsberg: 10 hours per week; $50,705 reportable compensation; $7,923 other compensation sara chieffo: 3.2 hours per week; $14,286 reportable compensation; $2,725 other compensation”

“The league of conservation voters, inc. Is audited on a consolidated basis by an independent auditor along with its six segregated funds: lcv political engagement fund, lcv victory fund, league of conservation voters action fund, new american jobs fund, chispa arizona pac, and givegreen united action, all of which are exempt under section 527. The league of conservation voters, inc. Has an audit committee which reviews the audit and oversees selection of an independent auditor.”