Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 5 | DURING THE CALENDAR YEAR 2010, THE LOCAL DISCOVERED THAT FRAUDULENT TRANSACTIONS HAD OCCURRED. THE TRANSACTIONS CONSISTED OF UNAUTHORIZED CHARGES ON THE LOCAL'S CREDIT CARD, THEFT OF CASH RECEIPTS AND AN UNEXPLAINED CHECK ISSUED TO AN EMPLOYEE AS FOLLOWS: PERSONAL PURCHASES ON THE LOCAL'S CREDIT CARD IN 2009 = $13,526 PERSONAL PURCHASES ON THE LOCAL'S CREDIT CARD IN 2010 = $ 5,207 PERSONAL MOBILE CELL PHONE CHARGES TO THE LOCAL = $ 3,118 CASH DUES RECEIPTS NOT MADE TO THE LOCAL'S ACCOUNTS = $10,335 CHECK PAID TO FORMER EMPLOYEE FOR UNSUBSTANTIATED EXPENSE = $ 4,275 UPON DISCOVERY OF THE DEFALCATIONS, THE LOCAL ENGAGED AN ACCOUNTING FIRM TO COMPLETE AN ANALYSIS AND IDENTIFY THE EXTENT OF THE LOSSES. THE LOCAL TERMINATED THE OFFENDING EMPLOYEE IMMEDIATELY, CANCELLED THE EMPLOYEE'S ACCESS TO ALL ACCOUNTS AND TO THE COMPUTER NETWORK, STOPPED ACCEPTING CASH RECEIPTS, AND IS IN THE PROCESS OF FILING A CLAIM ON THEIR FIDELITY BOND. | |
| FORM 990, PART VI, SECTION A, LINE 6 | THE LOCAL CONSISTS OF JOURNEYMEN, APPRENTICES, AND RETIREES WHO ARE CONSIDERED TO BE MEMBERS AS LONG AS ALL OF THEIR DUES AND ASSESSMENTS HAVE BEEN PROPERLY PAID. | |
| FORM 990, PART VI, SECTION A, LINE 7A | ALL MEMBERS WHO HAVE VOTING RIGHTS CAN ELECT EACH MEMBER OF THE GOVERNING BODY DURING THE ELECTIONS. | |
| FORM 990, PART VI, SECTION A, LINE 7B | THE EXECUTIVE BOARD MAKES RECOMMENDATIONS AND THE LOCAL'S MEMBERSHIP MUST APPROVE ANY ACTIONS THAT ARE TO TAKE PLACE WITHIN THE LOCAL. | |
| FORM 990, PART VI, SECTION A, LINE 8A | NO MINUTES WERE PREPARED FOR THE EXECUTIVE BOARD MEETINGS, BUT ALL ACTIONS AGREED ON AT THE EXECUTIVE BOARD MEETING ARE PRESENTED TO THE MEMBERS AT THE GENERAL MEMBERSHIP MEETINGS FOR APPROVAL BY THE MEMBERSHIP. THERE ARE WRITTEN MINUTES PREPARED AND MAINTAINED FOR THE MEMBERSHIP MEETINGS. | |
| FORM 990, PART VI, SECTION A, LINE 8B | THE LOCAL HAS NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE COMPLETED FORM 990 IS PROVIDED TO THE VICE-PRESIDENT OF THE LOCAL. THE VICE-PRESIDENT REVIEWS THE FORM. UPON FULLY UNDERSTANDING THE CORRECTLY COMPLETED FORM 990, THE FORM IS SIGNED AND SUBMITTED TO THE IRS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND TAX RETURNS ARE AVAILABLE UPON REQUEST AT THE LOCAL'S OFFICE. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | PRIOR PERIOD ADJUSTMENTS: -22,225. |
| FORM 990, PART XI, LINE 5, CHANGES IN NET ASSETS: | THE BEGINNING CASH WAS CHANGED TO CORRECT ERRORS/DEFALCATIONS THAT OCCURRED DURING 2009 AND WERE DISCOVERED DURING THE CURRENT YEAR. |
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