State Democracy Action

“The tax return was prepared by the outside accountants and reviewed by judy maslen and david donnelly. A copy of the form 990 was provided to members of the board before it was filed.”

“Employees and the board are asked once a year at the first board meeting of the year to complete their annual conflict of interest forms. To identify possible conflicts of interest, all every voice staff, consultants, interns and volunteers must disclose to the president and ceo, or to their supervisors, the existence of any financial interest in any entity with which that corporation or any legally related organization has or is negotiating a transaction or arrangement with every voice and all material facts related to that interest. A conflict of interest exists whenever an interested person's competing interest or fiduciary duty is substantial enough that the interested person cannot reasonably be expected to exercise independent judgment and take action in the best interest of the corporation. Conflicts of interest most frequently arise in (but are in no way limited to) the context of: 1. Decisions about an interested person's compensation (as a contractor or employee); 2. Decisions about transactions with entities in which an interested person holds an ownership interest; 3. Decisions about transactions with an entity by which an interested person is employed. Conflicts (or the appearance of conflicts) may also arise when the corporation is contemplating a transaction with a close relative or domestic partner of an interested person, or any entity in which such a related person has an ownership interest or which employs such a person. Whenever a director, officer, or committee member becomes aware of a potential conflict of interest, whether financial or otherwise, s/he makes the situation known to the board or committee (as the case might be) and provide all facts material to understanding the nature and scope of the conflict, including whether the interested person believes his or her ability to make an independent decision based solely on the best interest of the corporation has been compromised. If the interested person involved does not make this disclosure, another director or committee member with knowledge of the potential conflict draws it to the body's attention. The interested person with the potential conflict retires from the meeting and does not participate in final discussion and voting on the existence of the conflict. If a conflict is found to exist, the interested person may be invited to provide any relevant information that could be of use to the board in making its decision, but again retires and does not participate in the final discussion and voting regarding the transaction. The board or committee's decision will be based on consideration of whether the transaction: a. Is in the organization's best interest and for its own benefit; b. Is fair and reasonable to the organization; and c. Is the most advantageous transaction or arrangement the organization can obtain with reasonable efforts under the circumstances. Whenever a staff member becomes aware of a potential conflict of interest in an area where s/he exercises any discretion in carrying out her/his duties for the corporation, s/he promptly discloses the potential conflict to her/his immediate supervisor or to the president and ceo. If the president and ceo has a potential conflict, s/he discloses it to the board or an executive committee. The person or body to whom disclosure is made (hereinafter "supervisor") determines whether there is a conflict that requires recusal of the interested person. When a conflict is found to exist, the interested person provides the supervisor with all information s/he has relevant to any decision to be made in which s/he has an interest, and the final decision is be made by the supervisor.”

“Compensation of the organization's top management official was reviewed by the executive officers of the board, and adjusted to reflect comparable compensation levels. The most recent compensation review was completed in september 2017. Employee compensation and cost of living increases are set by management and discussed with the board of directors in the context of the review and approval of the annual budget.”

“The organization's conflict of interest policy, financial statements and governing documents are available to the public upon request, at the organization's office located at 1211 connecticut ave., suite 600 washington, dc 20036.”