Get the free FORM LM-2 LABOR ORGANIZATION ANNUAL ... - Union Salaries

16 Jan 2013 ... SHEET METAL WORKERS AFL-CIO. 5. DESIGNATION (Local, Lodge, etc.) LOCAL UNION. 6. DESIGNATION NBR. 17. 7. UNIT NAME (if any). 8. MAILING ... Dec 28, 2012. Contact Info: ... FILE NUMBER:

How to fill out form lm-2 labor organization

How to fill out form LM-2 labor organization:

1. Start by carefully reviewing the instructions provided by the Department of Labor (DOL) for form LM-2. Familiarize yourself with the requirements and gather all the necessary information and documentation.
2. Begin the form by entering the labor organization's name, address, and EIN (Employer Identification Number) in the provided spaces.
3. Indicate the appropriate fiscal year covered by the form.
4. Fill out Part I - Receipts and Disbursements. Provide the required details about the labor organization's financial activities, including the total receipts, itemized sources of receipts, categories of disbursements, and more. Be diligent in accurately reporting these figures.
5. Complete Part II - Assets and Liabilities. This section requires information about the labor organization's cash, investments, accounts receivable, property, and debts. Ensure that all numbers provided are accurate and up-to-date.
6. Proceed with Part III - Loans Receivable and Payable. This section focuses on any loans the labor organization has given or received. Provide the necessary details, including the parties involved, amounts, and terms.
7. Fill out Part IV - Benefits. This section requires information about any benefits provided by the labor organization, such as pensions, health plans, life insurance, etc. Accurately report the number of plan participants, assets, and liabilities related to these benefits.
8. Complete Part V - Receipts and Disbursements for Affiliates. If the labor organization has affiliates, this section requires separating the financial activities of each affiliate. Follow the instructions provided by the DOL to accurately report this information.
9. Proceed with Part VI - Schedules. This section provides additional space to report any additional information required by the DOL. Follow the instructions and guidelines provided carefully.
10. After filling out all the necessary sections accurately, review the completed form to ensure there are no errors or omissions. Double-check all the entered data and calculations.
11. Sign and date the LM-2 form to certify its accuracy and completeness.
12. Keep a copy of the completed form for your records and submit the original to the appropriate DOL office by the specified deadline. It is crucial to meet the submission deadline to avoid penalties or late fees.

Who needs form LM-2 labor organization?

1. Labor organizations recognized under the Labor-Management Reporting and Disclosure Act (LMRDA) and their affiliates are required to file form LM-2.
2. This includes organizations such as unions, employee representation committees, and similar entities that represent workers and engage in collective bargaining or related activities.
3. The purpose of form LM-2 is to ensure transparency and provide the public and members of the labor organization with information about its financial activities and relationships.
4. Filing this form is mandatory for labor organizations that meet the specified criteria, as failure to file or inaccurately completing the form can result in legal consequences and penalties.

For pdfFiller’s FAQs

What is form lm-2 labor organization?

Form LM-2 is a reporting form required to be filed by labor organizations under the Labor-Management Reporting and the Disclosure Act of 1959.

Who is required to file form lm-2 labor organization?

Labor organizations such as unions, labor unions, and employee associations that meet certain criteria are required to file Form LM-2.

How to fill out form lm-2 labor organization?

Form LM-2 must be filled out accurately and completely, including information about the organization's financial activities, assets, liabilities, receipts, and disbursements.

What is the purpose of form lm-2 labor organization?

The purpose of Form LM-2 is to provide the Department of Labor and the public with information about the financial activities and operations of labor organizations.

What information must be reported on form lm-2 labor organization?

The information reported on Form LM-2 includes details about the organization's officers, employees, salaries, allowances, and other financial transactions.

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