Colorado Public Interest Research Foundation Inc

“The organizations board of directors has no committees.”

“The draft 990 is sent to all board members prior to the return being finalized.”

“To monitor and enforce compliance with the conflict of interest policy, the organization requires all officers, directors, and individuals with substantial influence over the organization to complete an annual statement disclosing to the board any business, contractual or financial relationships the person has with other corporations. In addition, said persons have an ongoing obligation to disclose to the board any financial interest, direct or indirect, that the person would gain from any particular transaction, contract or policy under consideration by the organization. The board must address potential conflicts on a case-by-case basis, conflicted persons must abstain from the deliveration of the transaction, and corporate records must be maintained.”

“The compensation committee will establish acceptable compensation packages after reviewing at least one of the following: 1) information about compensation paid by similarly situated tax-exempt organizations for similar services; 2) current compensation surveys complied by independent firms; 3) actual written offers from similarly situated organizations. Documents of the compensation deliberation and decision is kept on file.”

“The compensation committee will establish acceptable compensation packages after reviewing at least one of the following: 1) information about compensation paid by similarly situated tax-exempt organizations for similar services; 2) current compensation surveys complied by independent firms; 3) actual written offers from similarly situated organizations. Documents of the compensation deliberation and decision is kept on file.”

“No documents were made available to the public, except for those that were included with the organizations form 1023 application for exempt status, which are made available upon request as indicated in line 18.”

“Other expenses include consultants and frontier group.”

“The corporation is organized exclusively for educational and research purposes within the meaning of section 501c3 of the internal revenue code of 1954 (or corresponding provisions of any future u.s internal revenue law), including for such purposes, conducting, supporting, and assisting education and research on public policy issues.”

“All employees are paid by colorado public interest research group, under a common paymaster arrangement, and are shared with colorado public interest research foundation, inc.”