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FORM LM3 LABOR ORGANIZATION ANNUAL REPORT U.S. Department of Labor Office of LaborManagement Standards Washington, DC 20210FOR USE ONLY BY LABOR ORGANIZATIONS WITH LESS THAN $250,000 IN TOTAL ANNUAL
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How to fill out form lm-3 - general

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How to fill out form lm-3 - general

01
To fill out form LM-3 - general, you can follow these steps:
02
- Begin by downloading the form LM-3 from the official website of the Department of Labor.
03
- Carefully read through the instructions provided with the form to understand the requirements and reporting details.
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- Provide your organization's basic information, such as name, address, employer identification number (EIN), and the fiscal year covered by the report.
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- Fill out the financial statement section of the form, including details of revenue, expenses, assets, and liabilities.
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- Report any transactions or agreements with employers, labor relations consultants, or trusts that may require disclosure.
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- Disclose any loans or debts owed to employers, labor relations consultants, or trusts.
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- Complete the detailed schedule sections to report specific financial transactions, receipts, and disbursements.
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- Ensure all information is accurate, supported by relevant documentation, and properly signed and dated.
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- Submit the completed form LM-3 to the Department of Labor following the specified submission method.
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Remember to retain a copy of the completed form for your records.

Who needs form lm-3 - general?

01
Form LM-3 - general is required to be filed by labor organizations, such as unions and other labor associations.
02
Specifically, this form is used by organizations that are subject to the provisions of the Labor-Management Reporting and Disclosure Act (LMRDA) of 1959.
03
These organizations must file form LM-3 to report financial and other essential information to the Department of Labor.
04
Non-profit employee welfare and pension benefit plans created or maintained by labor organizations may also need to file form LM-3.
05
It is important to consult the official instructions or seek professional advice to determine whether your organization falls within the scope of those who need to file form LM-3.
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Form LM-3 is a financial report that labor organizations use to disclose their financial condition and operations to the Department of Labor.
Labor organizations with a total annual income of $250,000 or more are required to file Form LM-3.
To fill out Form LM-3, organizations must provide details about receipts, disbursements, assets, liabilities, and officer compensation, following the specific instructions provided with the form.
The purpose of Form LM-3 is to promote transparency and accountability in labor organizations by requiring them to report their financial activities.
Form LM-3 requires reporting of total income, expenditures, assets, liabilities, and the compensation of officers and employees.
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