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Enterprise Freedom Action Committee

1,265 bytes added, 20:59, 5 August 2016
updating with 2013-2014 finances
{{#badges: Tobaccowiki | Front groups}}
The '''Enterprise Freedom Action Committee ''' (EFAC) is a conservativeright-leaning [[Political Action Committee]] (PAC) based out of Washington D.C. wing organization that has exclusively opposed Democrats running for political office. ,<ref> Enterprise Freedom Action Committee [http://non-profit-organizations.findthebest.com/l/418961/Enterprise-Freedom-Action-Committee General Information] Accessed 11/29/2012</ref> Enterprise Freedom Action Committee and which is the latest a creation of one of Washington's acknowledged masters of [[AstroTurf]] and stealth tactics: lobbyist and front man [[Richard Berman]].<ref> Stealth PAC blog [http://www.citizen.org/Page.aspx?pid=4542 Astroturf Maven Berman Jumps Into the Electioneering Game] Accessed 11/29/2012.</ref> Bermans Berman's company, [[Berman & Co.]], represents the restaurant, alcoholic beverage and [[tobacco industry|tobacco industries]]. EFAC also operates under the name '''Committee to Rethink Reform'''.<ref name="2014 990"/>
EFAC is one of five organizations run by Berman. These five organizations are subject of an IRS complaint that they have violated tax codes that prohibit executives from profiting off the non-profits they run. These five non-profit organizations have paid [[Berman & Co.]] $15 million between 2008 and 2010. <ref>Drajem Mark [http://www.bloomberg.com/news/2012-11-02/union-busting-by-profiting-from-non-profit-may-breach-irs.html Union Busting by Profiting From Non-Profit May Breach IRS </ref>.
“This mess of Berman and his empire of non-profits has gone on for too long,” added Frances Hill, a professor of law at the University of Miami and author of “Taxation of Exempt Entities.” Hill told ''Bloomberg'' reporters Mark Drajem and Brian Wingfield it “seems like an appalling abuse of tax-exempt status.” <ref> Pacelle, Wayne [http://hsus.typepad.com/wayne/2012/11/richard-berman-unmasked-irs.html The Confidence Man Unmasked] Accessed 11/20/12</ref>
 
 
==Berman's Non-Profits==
[[Image:11022012 Berman-kr-01.png]]
 
==Funding, Finances, and Grants==
 
[[Richard Berman]] is the President and Executive Director of EFAC, according to its tax filings, and also holds the books for the nonprofit. In 2013 EFAC also paid his PR firm, [[Berman & Co.]], $301,689 for management and other fees, while compensating Berman $9,375 for his executive role.
 
'''2014:'''<ref name="2014 990">Enterprise Freedom Action Committee, "[https://projects.propublica.org/nonprofits/organizations/260563406 2014 IRS Form 990]," November 11, 2015. Archived by ProPublica.</ref>
* Total Revenue: $10,038
* Total Expenses: $152,754
* Net Assets: $148,304
 
'''2013:'''<ref name="2013 990">Enterprise Freedom Action Committee, "[https://projects.propublica.org/nonprofits/organizations/260563406 2013 IRS Form 990," November 20, 2014.</ref>
* Total Revenue: $1,192,527
* Total Expenses: $1,588,518
** Compensation to [[Richard Berman]], President and Executive Director: $9,375
** Payments to [[Berman & Co.]] for management, advertising, research, and other fees: $301,689
* Net Assets: $291,020
 
'''Grants, 2013:'''<ref name="2013 990"/>
* Coalition to Preserve Jobs and Our Constitution, Inc. (Trenton, New Jersey): $990,000 (to "support the campaign opposing the minimum wage ballot initiative/constitutional amendment")
==Articles & Resources==
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