Get the free LM2 FY 2011 - liuna-ngdc.org

U.S. Department of Labor Employment Standards Administration Office of Labor-Management Standards Washington, DC 20210 Preapproved Office of Management and Budget FORM LM-2 LABOR ORGANIZATION ANNUAL

How to fill out lm2 fy 2011

How to fill out LM-2 FY 2011:

1. Gather all necessary information: Start by collecting all the relevant financial and membership data for the fiscal year 2011. This may include information about expenses, receipts, financial transactions, and union membership details.
2. Familiarize yourself with the form: Take the time to read through the LM-2 form for FY 2011 and understand its various sections and requirements. This form is specific to labor organizations and is used to report financial information to the Office of Labor-Management Standards (OLMS).
3. Fill out Section I: Begin by providing general information about the labor organization, including its name, address, and EIN (Employer Identification Number). You will also need to indicate the fiscal year covered by the report.
4. Complete Section II: This section requires you to provide membership statistics for the fiscal year 2011. You will need to report the number of members at the beginning and end of the year, as well as any changes in membership during that period.
5. Fill out Section III: This section focuses on the labor organization's assets and liabilities. You will need to provide details regarding cash, investments, accounts receivable, and other assets. Additionally, you will need to report any outstanding liabilities, loans, or mortgages.
6. Complete Section IV: In this section, you are required to provide information on receipts and disbursements made by the labor organization during FY 2011. This includes reporting income from dues, fees, and other sources, as well as detailing various categories of expenses, such as salaries, rent, office supplies, etc.
7. Fill out Section V: Here, you have to report any financial transactions with employers, businesses, or vendors involving $5,000 or more. Ensure accurate reporting of these transactions, including relevant details such as the name, address, and purpose of the transaction.
8. Complete Section VI: This section requires you to disclose certain indirect disbursements made by the labor organization during FY 2011. These could include payments made on behalf of union officials for personal expenses. Ensure all relevant information is accurately reported.
9. Review and submit the form: Once you have completed all the sections, carefully review the entire form to ensure accuracy and completeness. Make any necessary corrections or additions before finalizing the report. Finally, submit the LM-2 FY 2011 form to the OLMS within the specified deadline.

Who needs LM-2 FY 2011?

1. Labor organizations: The LM-2 form is specifically required by labor organizations to report their financial activities and disclose essential information to the OLMS. Unions, employee associations, and similar bodies that fall under the regulations of the Labor-Management Reporting and Disclosure Act (LMRDA) need to file this form.
2. Office of Labor-Management Standards (OLMS): The OLMS, a division of the U.S. Department of Labor, requires labor organizations to submit the LM-2 form annually. They use this information to monitor and enforce compliance with the LMRDA and ensure transparency and accountability within labor organizations.
3. Government agencies and the public: The information provided in the LM-2 form is made publicly available, allowing government agencies, researchers, and the general public to access and analyze the financial activities of labor organizations. This transparency promotes accountability and helps in monitoring the fiscal integrity of these organizations.

For pdfFiller’s FAQs

What is lm2 fy - liuna-ngdcorg?

lm2 is a form that must be filed by labor organizations to report financial information. The fy - liuna-ngdcorg portion of the form refers to the specific fiscal year and the organization.

Who is required to file lm2 fy - liuna-ngdcorg?

Labor organizations are required to file lm2 forms, including the fy - liuna-ngdcorg portion, if they meet certain criteria.

How to fill out lm2 fy - liuna-ngdcorg?

The lm2 form can be filled out electronically or by hand, following the instructions provided by the Department of Labor.

What is the purpose of lm2 fy - liuna-ngdcorg?

The purpose of lm2 is to provide transparency and accountability regarding the financial activities of labor organizations.

What information must be reported on lm2 fy - liuna-ngdcorg?

lm2 requires reporting of financial information, including assets, liabilities, income, and expenses.

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