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Generated On:7/7/2016 2:15:02 PMIndexedDR1 Statement of OrganizationDR1Audited ComputerCommittee Name:Elite Committee Type:Iowa Committee Code:9875County:_Apolitical Party:OtherDistrict:0Date of Election:Year
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Elite PAC stands for Elite Political Action Committee. It is a type of organization that is formed for the purpose of raising and spending money to elect and defeat political candidates.
Elite PACs are required to file with the Federal Election Commission (FEC) if they raise or spend more than $1,000 in connection with federal elections.
To fill out an Elite PAC, an organization must register with the FEC, designate a treasurer, open a bank account, and file regular reports detailing their financial activities.
The purpose of an Elite PAC is to raise money from donors and then use that money to support political candidates who align with their goals and objectives.
Elite PACs must report the names and addresses of donors who contribute more than $200, as well as details on how the money is spent.
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