Pec United Charities Inc.

“Membership in pec united charities, inc. Consists of permanent full-time employees of pedernales electric cooperative, inc. Who participate by making monthly monetary contributions to the organization. All members of the organization are also members of a cooperative chapter as designated by their work location.”

“The members within each chapter nominate and elect, by majority vote, a liaison to communicate and coordinate with the board of directors. The liaison will be a non-voting, ex officio advisior to the board. The liaisons nominate and elect, by majority vote, the directors.”

“Under state nonprofit law, a member vote is required for an amendment of a certificate of formation, and certain other actions including a merger, a winding up of the corporation, or a sale of all assets. Additionally, the bylaws specify that members, through vote to specify the beneficiaries and amounts to be distributed, and the treasurer "shall" draft and forward funds for distribution according to these recommendations.”

“The organization engages an outside accounting firm to prepare the form 990. Once prepared, the organization's internal accountants and the board of directors reveiw the return prior to its filing.”

“The organization does not have any employees and does not compensate any individuals.”

“The organization makes its governing documents and financial statements available to the public upon request.”

“10a - under the bylaws, the membership of the organization is divided into chapters based on the service districts of the employer of all members. 10b - the chapters are then operated according to the bylaws for the purpose of voting to select directors, and voting to determine how chapter funds are to be disbursed. The organization's website available to members includes the bylaws as well as uniform instructions and sources of information about chapter activities, processes, and deadlines.”