Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | Members of International Brotherhood of Teamsters |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | THE MEMBERS OF LOCAL 743 I.B. OF T. ELECT THE GOVERNING BODY AND HAVE REFERENDUMS FOR ANY MAJOR PROPOSALS. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | BY-LAW CHANGES ARE SUBJECT TO APPROVAL BY UNION MEMBERS. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | Form 990 is reviewed by the Union's officers and trustees. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | THE LOCAL DISCUSSES AND ADDRESSES THE CONFLICT OF INTEREST POLICY ISSUES AT THEIR MONTHLY EXECUTIVE BOARD MEETINGS. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | Officers and trustees receive a salary and expense allowance as determined by the Executive Board. By custom and practice, the Local 743 Executive Board sets that salary annually at its January meeting if necessary. It also considers the salaries paid to executive officers of comparable labor organizatons in the Chicago area, the Union's finances, the individual performance of the officer, and the state of the economy generally. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Form LM2 is available on the Deparment of Labor website. Governing documents and conflict of interest policy are available in the Constitution By-Laws upon request. |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | NET LOSS FROM LOCAL 743 BUILDING CORPORATION = -$123089 |
| Software ID: | 14000265 |
| Software Version: | 2014v5.0 |