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16 Jan 2013 ... Through. 09/30/2012. 3. (a) AMENDED Is this an amended report: No. (b) HARDSHIP Filed ... (Local, Lodge, etc.) LOCAL UNION. 6. DESIGNATION NBR. 3. 7. UNIT NAME (if any) ... FILE NUMBER:
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How to fill out form lm2 labor organization
Step-by-step guide to filling out form lm2 labor organization:
01
Obtain the form: The form lm2 labor organization can be obtained from the Department of Labor website or through your labor organization's representative.
02
Start with basic information: Begin filling out the form by providing basic information about the labor organization, such as its name, address, and employer identification number (EIN).
03
Indicate the filing period: Specify the period covered by the form lm2 labor organization. This could be the calendar year or a different time frame chosen by the labor organization.
04
Provide financial details: Fill in the financial information requested in the form lm2. This includes reporting income and expenses, assets and liabilities, receipts and disbursements, and other relevant financial data.
05
Complete the Schedule 1: In Schedule 1 of the form, disclose any loans, grants, or other financial assistance received by the labor organization. Include details such as the source, purpose, terms, and conditions of these transactions.
06
Report contracts and agreements: If the labor organization has entered into any agreements, contracts, or transactions worth more than $5,000, provide the required information in Schedule 2 of the form lm2. This includes the names of the parties involved, the terms of the agreement, and any relevant financial details.
07
Disclose officers and employees: List the names and positions of the labor organization's officers and employees in Schedule 3. Include their salaries, allowances, and other forms of compensation.
08
File supporting schedules: Depending on the complexity of the labor organization and its finances, additional schedules may be required. These may include schedules for receipts and investments, schedules for disbursements and loans, and other relevant documentation. Ensure that all supporting schedules are accurately completed and attached to the form lm2.
09
Keep records and retain copies: After filling out the form lm2 labor organization, it is essential to keep copies of all submitted documents for record keeping purposes. Additionally, it is important to retain these records as specified by the Department of Labor's record retention requirements.
Who needs form lm2 labor organization? The form lm2 labor organization is required to be filed by labor organizations that meet the criteria outlined by the Department of Labor. These organizations include labor unions, employee organizations, and other entities that represent workers and engage in collective bargaining activities. The form lm2 provides transparency and accountability by disclosing financial information and ensuring compliance with labor laws and regulations.
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What is form lm2 labor organization?
Form LM-2 is a financial disclosure report that labor organizations are required to file with the Department of Labor.
Who is required to file form lm2 labor organization?
Labor organizations such as unions are required to file Form LM-2.
How to fill out form lm2 labor organization?
Form LM-2 should be completed with detailed information about the union's financial activities, including income, expenses, assets, and liabilities.
What is the purpose of form lm2 labor organization?
The purpose of Form LM-2 is to provide transparency and accountability in the financial operations of labor organizations.
What information must be reported on form lm2 labor organization?
Information such as receipts, disbursements, assets, liabilities, salaries, and other financial data must be reported on Form LM-2.
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