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U.S. Department of Labor Office of Labor-Management Standards Washington, DC 20210 FORM LM-3 LABOR ORGANIZATION ANNUAL REPORT FOR USE ONLY BY LABOR ORGANIZATIONS WITH LESS THAN $250,000 IN TOTAL ANNUAL
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How to fill out DoL LM-3
01
Gather all financial records and documents related to your union's activities for the year.
02
Download the DoL LM-3 form from the Department of Labor's website.
03
Fill out the organization identification section with your union's name, address, and ID number.
04
Complete the financial section by reporting all income received and expenses incurred by the union.
05
Provide detailed breakdowns of officer and employee compensation.
06
List any transactions with other organizations, indicating whether they are related parties.
07
Review all entries for accuracy and completeness.
08
Submit the completed DoL LM-3 form before the filing deadline.
Who needs DoL LM-3?
01
Labor organizations that are required to report their financial activities under the Labor-Management Reporting and Disclosure Act (LMRDA).
02
Unions with annual financial receipts of $250,000 or more.
03
Any union that has members and collects dues or other fees from its members.
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What is DoL LM-3?
DoL LM-3 is a form used by labor organizations to report financial information to the Department of Labor (DOL) as part of compliance with the Labor-Management Reporting and Disclosure Act (LMRDA).
Who is required to file DoL LM-3?
Labor organizations with annual receipts of $250,000 or more are required to file the DoL LM-3 form.
How to fill out DoL LM-3?
To fill out DoL LM-3, organizations must follow the instructions provided by the DOL, which include reporting financial activities, membership data, and disbursement details for the fiscal year.
What is the purpose of DoL LM-3?
The purpose of DoL LM-3 is to provide transparency regarding the financial dealings of labor organizations, ensuring accountability and protecting member interests.
What information must be reported on DoL LM-3?
Information that must be reported on DoL LM-3 includes the organization's financial condition, receipts, disbursements, assets, liabilities, and other financial activities for the reporting period.
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