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Get the free Form LM-15 Trusteeship Report - United States Department of Labor - dol

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U.S. Department of Labor Office of Labor-Management Standards Washington, DC 20210 For Official Use Only Form approved Office of Management and Budget No. 1245-0003 Expires 10-31-2013 FORM LM-15 TRUSTEESHIP
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Who needs form lm-15 trusteeship report:

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Individuals serving as trustees or administrators of a trust.
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The form LM-15 trusteeship report is a document that is used to disclose information about the financial transactions and practices of labor organizations under trusteeship.
Labor organizations (unions) that are placed under trusteeship by their parent labor organization are required to file the form LM-15 trusteeship report.
To fill out the form LM-15 trusteeship report, the labor organization must provide detailed information about their financial activities during the trusteeship period, including assets, liabilities, receipts, and disbursements. The form must be completed accurately and submitted to the Office of Labor-Management Standards (OLMS).
The purpose of form LM-15 trusteeship report is to ensure transparency and accountability in the financial operations of labor organizations placed under trusteeship. It allows the OLMS to monitor and evaluate the financial practices of these organizations.
The form LM-15 trusteeship report requires labor organizations to report detailed financial information, including cash balances, receipts, disbursements, assets, liabilities, loans receivable, and investments. It also requires disclosure of any specific transactions and financial activities during the trusteeship period.
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