| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE BOARD SHALL HAVE AN "EXECUTIVE COMMITTEE." THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE PRESIDENT, SECRETARY, TREASURER, AND A TOTAL OF FOUR (4) REPRESENTATIVES DESIGNATED BY THE FOLLOWING COMPANIES WHICH SHALL DESIGNATE ONE (1) REPRESENTATIVE EACH: PUGET SOUND ENERGY, NW NATURAL, AVISTA AND CASCADE NATURAL GAS, AND SUCH ADDITIONAL MEMBERS AS MAY BE APPROVED BY THE EXECUTIVE COMMITTEE AND RECOMMENDED TO THE BOARD OF DIRECTORS. IN ADDITION TO ANY OTHER DUTIES OR FUNCTIONS THAT MAY BE DETERMINED BY RESOLUTION OF THE BOARD, AND PROVIDED THAT ALL DUTIES OR FUNCTIONS COMPLY WITH SECTION 3 BELOW AND WASHINGTON LAW, THE EXECUTIVE COMMITTEE IS HEREBY DELEGATED THE AUTHORITY TO PREPARE AND OVERSEE THE ANNUAL BUDGET FOR THE CORPORATION, WHICH BUDGET SHALL INCLUDE PROJECTED REVENUE AND SPECIFY AUTHORIZED EXPENDITURES FOR THE CORPORATION. THE EXECUTIVE COMMITTEE SHALL PRESENT THE ANNUAL BUDGET, AND PERIODIC AMENDMENTS THERETO, TO THE BOARD FOR REVIEW AND APPROVAL. THE BOARD MAY NOT MAKE EXPENDITURES OF CORPORATION FUNDS WITHOUT APPROVAL OF THE EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE RETURN IS PREPARED BY INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE RETURN IS COMPLETED, IT IS REVIEWED BY MANAGEMENT. THE TREASURER REVIEWS AND SIGNS THE RETURN ONCE THERE ARE NO CHANGES TO BE MADE. COPIES OF THE RETURN ARE DISTRIBUTED TO BOARD MEMBERS BEFORE FILING. |
| FORM 990, PART VI, SECTION C, LINE 19 | PARTNERS FOR ENERGY PROGRESS DOES NOT MAKE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. ONLY MEMBERS HAVE ACCESS TO GOVERNING DOCUMENTS. |
| Software ID: | |
| Software Version: |