2024-11-07T16:28:00-06:00 2023-12-31 390974031 WEGNER CPAS LLP 419 N LEE ST ALEXANDRIA VA 223142301 990 2023-01-01 843989657 AMERICAN ECONOMIC LIBERTIES PROJECT AMER 5033478728 2001 PENNSYLVANIA AVE NW 540 WASHINGTON DC 20006 ROSS BAIRD BOARD CHAIR 5033478728 2024-11-07 1 1 GLENN MILLER CPA P00086726 7035190990 2024-11-05 2023 2024-10-15 13:58:12Z NIDHI HEGDE 2001 PENNSYLVANIA AVE NW 540 WASHINGTON DC 20006 3923681 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. 5 5 27 5 0 0 2742749 3898196 0 16784 0 0 8424 8701 2751173 3923681 0 0 0 0 1985335 2318536 17500 0 36453 873211 1009884 2876046 3328420 -124873 595261 2844932 3423213 509977 492997 2334955 2930216 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 2885983 0 16784 TO SUPPORT ITS EDUCATIONAL AND CHARITABLE PURPOSES, AELP'S POLICY WORK CONTINUED TO FOCUS ON ISSUES LIKE ANTITRUST REFORM, JUNK FEES, DRUG PRICING AND SHORTAGES, NONCOMPETES, DIGITAL TRADE, LABOR AND INDUSTRIAL POLICY. AELP PRODUCED 50 REPORTS, POLICY BRIEFS, ACADEMIC PAPERS, POLICY DIGESTS, AND FACT SHEETS, SUBMITTED 10 COMMENTS TO VARIOUS AGENCIES, AND LED OR JOINED 45 LETTERS ON KEY POLICY FIGHTS,. AELP ALSO HOSTED 17 POLICY BRIEFINGS ON TOPICS SUCH AS DOJ'S TRIAL AGAINST GOOGLE, THE HARMS OF PHARMACY BENEFIT MANAGERS, AND HOW TO BAN JUNK FEES.TO SHAPE THE NARRATIVE AROUND ADDRESSING CORPORATE POWER BROADLY AND A NUMBER OF POLICY GOALS SPECIFICALLY, AELP'S PROLIFIC STRATEGIC COMMUNICATIONS OPERATION INCLUDED 78 ARTICLES AND OP-EDS, 823 EARNED PRINT MENTIONS AND 99 TV, RADIO AND PODCAST HITS, VIDEO PARTNERSHIPS WITH OTHER NONPROFITS THAT GENERATED 1.7 MILLION SOCIAL MEDIA VIEWS, SUPPORTED STAFF NEWSLETTERS WITH ALMOST 108,000 SUBSCRIBERS, AND MORE THAN 3.49 MILLION TWITTER IMPRESSIONS. AELP WORKS IN PARTNERSHIP WITH ALLIED ORGANIZATIONS ON POLICY PRIORITIES, ISSUE CAMPAIGNS, AND EVENTS. 2885983 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 31 0 27 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 DC NY CA MO X PETER SARASOHN 5033478728 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 (THRU 3/23) 40.00 X X 46729 0 1956 FAIZ SHAKIR INTERIM EXECUTIVE DIRECTOR (FROM 3/23) 20.00 X 79167 0 0 NIDHI HEGDE MANAGING DIRECTOR 40.00 X 152424 0 22276 LORI WALLACH DIRECTOR, RETHINK TRADE 40.00 X 141816 0 23536 MATTHEW STOLLER DIRECTOR, RESEARCH 40.00 X 131835 0 24112 MORGAN HARPER DIRECTOR, POLICY & ADVOCACY 40.00 X 127446 0 13635 KATHERINE VAN DYCK SENIOR LEGAL COUNSEL 40.00 X 119677 0 37435 799094 0 122950 8 0 1 0 0 3898196 3898196 REGISTRATION FEES 900099 16784 16784 16784 CONTRACT REVENUE 900099 5101 5101 3600 3600 8701 3923681 16784 0 8701 127852 117145 9146 1561 1753242 1619527 112135 21580 59459 54479 4254 726 225750 206844 16150 2756 152233 139484 10890 1859 21673 21673 59690 59690 271059 204618 60799 5642 196881 163758 33123 5560 1807 3753 44207 11434 31590 1183 123973 107647 15189 1137 61283 61235 48 192282 192223 50 9 1678 1678 9126 9126 DUES AND SUBSCRIPTIONS 17022 5731 11291 5450 51 5399 3328420 2885983 405984 36453 2176108 2589325 225000 525000 17287 8357 24129 16143 9823 8362 1145 1461 401263 282927 2844932 3423213 95373 171421 414604 321576 509977 492997 X 1667719 2244617 667236 685599 2334955 2930216 2844932 3423213 595261 0 X 0 1 X 1 0 X 2160517 3370226 2742749 3898196 12171688 2160517 3370226 2742749 3898196 12171688 3415660 8756028 12171688 33909 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 0 15901 15901 3312519 3328420 316421 79105 0 0 0 0 273609 316421 590030 885045 0 0 5755 15901 21656 0 0 68402 79105 147507 221261 0 0 0 9823 8362 1461 1461 SECURITY DEPOSITS 19628 OPERATING LEASE RIGHT-OF-USE ASSETS 263299 282927 OPERATING LEASE LIABILITIES 321576 321576 3923681 0 3923681 0 3923681 3328420 0 3328420 0 3328420 X X 0 0 0 0 0 0 0 0 0 NIDHI HEGDE MANAGING DIRECTOR 151864 0 560 0 0 0 4554 0 17722 0 174700 0 0 0 LORI WALLACH DIRECTOR, RETHINK TRADE 141267 0 549 0 0 0 5641 0 17895 0 165352 0 0 0 KATHERINE VAN DYCK SENIOR LEGAL COUNSEL 119194 0 483 0 0 0 4965 0 32470 0 157112 0 0 0 MATTHEW STOLLER DIRECTOR, RESEARCH 131294 0 541 0 0 0 5248 0 18864 0 155947 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 A, LINE 2 FAIZ SHAKIR AND SARAH MILLER ARE MARRIED. 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 ANYONE MAY REQUEST A COPY OF THE FORM 990, AND OTHER DOCUMENTS REQUIRED BY LAW TO BE PROVIDED TO THE PUBLIC, BY CONTACTING THE ORGANIZATION IN WRITING AT 2001 PENNSYLVANIA AVE NW, #540, WASHINGTON, DC, 20006, OR VIA EMAIL AT INFO@ECONOMICLIBERTIES.US