2023-04-24T12:18:20-05:00 2022-12-31 390974031 WEGNER CPAS LLP 419 N LEE ST ALEXANDRIA VA 223142301 990 2022-01-01 843989657 AMERICAN ECONOMIC LIBERTIES PROJECT AMER 6097311943 2001 PENNSYLVANIA AVE NW 540 WASHINGTON DC 20006 ROSS BAIRD BOARD CHAIR 6097311943 2023-04-18 1 ROSS BAIRD 999009999 0 GLENN MILLER CPA P00086726 7035190990 2023-04-17 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X NIDHI HEGDE 2001 PENNSYLVANIA AVE NW 540 WASHINGTON DC 20006 2751173 0 X ECONOMICLIBERTIES.US X 2019 DC TO RESEARCH ECONOMIC CONCENTRATION IN AMERICA, AND STUDY THE HISTORY OF COMPETITION POLICY, FROM THE FOUNDING UNTIL TODAY. 6 5 21 5 0 0 3370226 2742749 0 0 0 0 0 8424 3370226 2751173 0 0 0 0 1184794 1985335 60000 17500 46106 366507 873211 1611301 2876046 1758925 -124873 2531356 2844932 71528 509977 2459828 2334955 X THE AMERICAN ECONOMIC LIBERTIES PROJECT'S EDUCATIONAL AND CHARITABLE PURPOSES ARE TO RESEARCH ECONOMIC CONCENTRATION IN AMERICA, AND STUDY THE HISTORY OF COMPETITION POLICY, FROM THE FOUNDING UNTIL TODAY. 0 0 2472187 0 0 TO SUPPORT ITS EDUCATIONAL AND CHARITABLE PURPOSES, AELP PRODUCED 23 REPORTS AND POLICY BRIEFS, 7 COMMENTS TO THE FEDERAL TRADE COMMISSION, CONSUMER FINANCIAL PROTECTION BUREAU, AND STATE ATTORNEY GENERALS; FILED 1 AMICUS BRIEF; AND LAUNCHED AND LED MULTIPLE POLICY CAMPAIGNS ON KEY ISSUES. TO SHAPE THE NARRATIVE AROUND ADDRESSING CORPORATE POWER BROADLY AND A NUMBER OF POLICY GOALS SPECIFICALLY, AELP PUBLISHED 37 ARTICLES AND OP-EDS, EARNED 535 PRINT MENTIONS AND 87 TV AND RADIO HITS, ESTABLISHED PARTNERSHIPS WITH ALLIED ORGANIZATIONS TO PRODUCE VIDEOS WITH NEARLY 7 MILLION SOCIAL MEDIA VIEWS, SUPPORTED STAFF NEWSLETTERS WITH NEARLY 70,000 SUBSCRIBERS, AND EARNED 125 MILLION TWITTER IMPRESSIONS. SIGNATURE AELP COALITIONS INCLUDE: BAN SECRET DEALS, WHICH CALLED ON LEGISLATURES TO REQUIRE TRANSPARENCY IN CORPORATE TAX SUBSIDY SCHEMES IN 4 STATES; BREAK UP TICKETMASTER, WHICH DROVE 50,000 EMAILS INTO THE DOJ, WHICH LATER ANNOUNCED AN ANTITRUST INVESTIGATION, AND A COMMENT DRIVE FOR THE FTC AND DOJ'S EFFORT TO REWRITE MERGER GUIDELINES THAT GENERATED 6,000 SUBMISSIONS. 2472187 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 25 0 21 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 DC NY CA MO X SADE BRUCE 4436188258 2001 PENNSYLVANIA AVE NW STE 540 WASHINGTON DC 20006 ROSS BAIRD BOARD CHAIR 1.00 X X 0 0 0 LAURA CAMPOS SECRETARY & TREASURER 1.00 X X 0 0 0 BRANDI COLLINS-DEXTER DIRECTOR 1.00 X 0 0 0 LALEH ISPAHANI DIRECTOR 1.00 X 0 0 0 RONALD NEWMAN DIRECTOR 1.00 X 0 0 0 SARAH MILLER EXECUTIVE DIRECTOR 40.00 X X 163809 0 14297 MATTHEW STOLLER DIRECTOR OF RESEARCH 40.00 X 139226 0 28531 PATRICK M GAROFALO DIRECTOR OF STATE AND LOCAL POLICY 40.00 X 111059 0 43646 NIDHI HEGDE DIRECTOR OF STRATEGY & PROGRAMS 40.00 X 144143 0 31969 LORI WALLACH FROM 012022 DIRECTOR, RETHIINK TRADE 40.00 X 142059 0 26017 700296 0 144460 5 0 1 0 0 2742749 2742749 8424 8424 8424 2751173 0 0 8424 178105 164388 11753 1964 1424912 1321733 87384 15795 36034 33259 2378 397 215039 198477 14190 2372 131245 121136 8661 1448 14241 14241 62463 62463 17500 17500 238686 211252 24179 3255 238403 202804 35599 24880 4968 19912 60421 21444 36510 2467 82057 73051 8395 611 72357 63686 8671 26909 24836 1776 297 2580 2580 5681 5681 DUES AND SUBSCRIPTIONS 41397 30846 10551 3136 307 2829 2876046 2472187 357753 46106 1834077 2176108 644768 225000 11468 17287 22693 24129 7829 6684 3725 1145 14625 401263 2531356 2844932 71528 95373 0 414604 71528 509977 X 1212943 1667719 1246885 667236 2459828 2334955 2531356 2844932 -124873 0 X 0 1 X 1 0 X 2160517 3370226 2742749 8273492 2160517 3370226 2742749 8273492 1895770 6377722 8273492 8424 X SCHEDULE A, PART II: THE 2019 COLUMN REPRESENTS THE SHORT INITIAL YEAR OF DECEMEBER 11, 2019 THROUGH DECEMBER 31, 2019 WHERE THERE WAS NO ACTIVITY FOR THE ORGANIZATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5755 5755 2466432 2472187 273609 68402 0 0 273609 273609 410414 5755 5755 68402 68402 102603 7829 6684 1145 1145 SECURITY DEPOSITS 27378 OPERATING LEASE RIGHT-OF-USE ASSETS 373885 401263 OPERATING LEASE LIABILITIES 414604 414604 2751173 0 2751173 0 2751173 2876046 0 2876046 0 2876046 X X X 1 BETH GRUPP ASSOCIATES PO BOX 60185 CAPITOL SUITES WASHINGTON DC 20039 FUNDRAISING CONSULTANT 0 0 17500 -17500 17500 -17500 DC NY CA MO SCHEDULE G, PART I, LINE 2B, COLUMN (V) AMOUNTS PAID THE FUNDRAISER REFLECT THE CONTRACTED FEES AGREED BETWEEN THE FUNDRAISER AND AELP. X X 0 0 0 0 0 0 0 0 0 SARAH MILLER EXECUTIVE DIRECTOR 163809 0 0 0 0 0 13100 0 1197 0 178106 0 0 0 NIDHI HEGDE DIRECTOR OF STRATEGY & PROGRAMS 144143 0 0 0 0 0 8477 0 23492 0 176112 0 0 0 LORI WALLACH FROM 012022 DIRECTOR, RETHIINK TRADE 142059 0 0 0 0 0 11182 0 14835 0 168076 0 0 0 MATTHEW STOLLER DIRECTOR OF RESEARCH 139226 0 0 0 0 0 11617 0 16914 0 167757 0 0 0 PATRICK M GAROFALO DIRECTOR OF STATE AND LOCAL POLICY 111059 0 0 0 0 0 11700 0 31946 0 154705 0 0 0 PART I, LINE 3 THE BOARD OR COMMITTEE SHALL: (I) RECUSE AND EXCLUDE ANY PERSONS WHO RECEIVE DIRECTLY OR INDIRECTLY A SUBSTANTIAL PORTION OF THEIR INCOME FROM THE CORPORATION; (II) RELY ON APPROPRIATE COMPARATIVE DATA, INCLUDING COMPARABLE AGREEMENTS IN SIMILAR ORGANIZATIONS; COMPENSATION LEVELS FOR SIMILAR POSITIONS IN BOTH EXEMPT AND TAXABLE ORGANIZATIONS; AND REGIONAL ECONOMIC DATA; (III) DOCUMENT THE BASES UPON WHICH THE BOARD (OR COMMITTEE) RELIES FOR ITS COMPENSATION DETERMINATIONS; AND (IV) RECORD THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE COMPENSATION AND TALLIES OF ANY VOTES TAKEN DURING CONSIDERATION OF THE COMPENSATION. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED AND REVIEWED BY AN OUTSIDE ACCOUNTING FIRM, REVIEWED BY THE EXECUTIVE DIRECTOR, AND THEN REVIEWED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C WHENEVER A DIRECTOR, OFFICER, OR COMMITTEE MEMBER BECOMES AWARE OF A POTENTIAL CONFLICT OF INTEREST, WHETHER FINANCIAL OR OTHERWISE, S/HE SHALL MAKE 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 SHOULD DRAW IT TO THE BODY'S ATTENTION. THE INTERESTED PERSON WITH THE POTENTIAL CONFLICT MUST RETIRE FROM THE MEETING AND 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 SHALL AGAIN RETIRE AND NOT PARTICIPATE IN THE FINAL DISCUSSION AND VOTING REGARDING THE TRANSACTION. THE BOARD OR COMMITTEE'S DECISION SHALL 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. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OR COMMITTEE SHALL: (I) RECUSE AND EXCLUDE ANY PERSONS WHO RECEIVE DIRECTLY OR INDIRECTLY A SUBSTANTIAL PORTION OF THEIR INCOME FROM THE CORPORATION; (II) RELY ON APPROPRIATE COMPARATIVE DATA, INCLUDING COMPARABLE AGREEMENTS IN SIMILAR ORGANIZATIONS; COMPENSATION LEVELS FOR SIMILAR POSITIONS IN BOTH EXEMPT AND TAXABLE ORGANIZATIONS; AND REGIONAL ECONOMIC DATA; (III) DOCUMENT THE BASES UPON WHICH THE BOARD (OR COMMITTEE) RELIES FOR ITS COMPENSATION DETERMINATIONS; AND (IV) RECORD THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE COMPENSATION AND TALLIES OF ANY VOTES TAKEN DURING CONSIDERATION OF THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.