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3/8/2017DOLForm2010 IT Headquarters LM2 ReturnFORMLM2LABORORGANIZATIONANNUALREPORT U.S. DepartmentofLabor OfficeofLaborManagementStandards Washington,DC20210MUSTBEUSEDBYLABORORGANIZATIONSWITH$250,000ORMOREINTOTALANNUALRECEIPTS
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IBT headquarters LM2 refers to the Labor-Management Reporting and Disclosure Act's Form LM-2, which is required for labor organizations to report their financial activities.
Every labor organization with a total annual revenue of $250,000 or more is required to file the LM-2 report.
To fill out the LM-2 form, organizations must provide detailed information about their financial activities, including receipts, disbursements, and the financial condition of the organization.
The purpose of the LM-2 form is to ensure transparency and accountability in financial dealings of labor organizations, allowing members and the public to monitor how funds are utilized.
The LM-2 must report information including total revenue, total expenditures, assets, liabilities, and a breakdown of disbursements to officers and employees.
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