What is a “Responsible Party”?

A “Responsible Party” is a person who holds a key role in overseeing, managing, or directing a legal entity’s financial decisions (such as a CEO, Executive Director, President, CFO, Vice President, or Treasurer).

• Nonprofits: In the case of a nonprofit, this typically refers to the Executive Director, President, CEO, Board Chair, or Treasurer.
• Candidates: For a candidate’s campaign, the responsible party is usually the candidate themselves or the campaign treasurer.
• Political Committees/PACs: For a political committee (like a PAC or political party), this role is usually filled by the Treasurer, though it could also be the Executive Director or President in some situations.