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, SECTION A, LINE 6 | TEAMSTERS LOCAL UNION NO 700 IS A LABOR ORGANIZATION WHOSE MAIN OBJECTIVE IS TO ORGANIZE WORKERS (MEMBERS) FOR THEIR MORAL, ECONOMIC, AND SOCIAL ADVANCEMENT. THE LOCAL UNION'S MEMBERS ARE THOSE COVERED INDIVIDUALS WHO WORK FOR EMPLOYERS SUBJECT TO THE COLLECTIVE BARGAINING AGREEMENT WITH TEAMSTERS LOCAL UNION NO 700. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE EXECUTIVE BOARD OF THE TEAMSTERS LOCAL UNION NO 700 ARE ELECTED TO THEIR POSITION BY THE UNION MEMBERS. THE EXECUTIVE BOARD IS ABLE TO APPOINT AN INDIVIDUAL FOR A VACANT EXECUTIVE BOARD POSITION FOR THE REMAINING TERM OF OFFICE. |
| FORM 990, PART VI, SECTION A, LINE 7B | CERTAIN DECISIONS BY THE EXECUTIVE BOARD ARE SUBJECT TO MEMBERSHIP APPROVAL, PURSUANT TO THE UNION'S BY-LAWS. THE UNION'S MEMBERSHIP IS MADE UP OF THOSE INDIVIDUALS WORKING FOR EMPLOYERS UNDER THE COLLECTIVE BARGAINING AGREEMENT WITH THE UNION. THE ONLY CATEGORY OF MEMBERSHIP IS ACTIVE MEMBERSHIP. AN ACTIVE MEMBER IS ONE WHO HAS SATISFIED THE REQUIREMENTS FOR MEMBERSHIP, HAS COMPLETED THE INITIATION PERIOD, AND IS IN GOOD STANDING, HAS FULL VOTING RIGHTS. |
| FORM 990, PART VI, SECTION A, LINE 8B | THERE ARE NO SUBCOMMITTEES OF THE EXECUTIVE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE PRESIDENT AND SECRETARY-TREASURER ARE RESPONSIBLE FOR THE REVIEW AND APPROVAL OF THE FORM 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE POLICY IN PLACE REQUIRES EMPLOYEES TO IMMEDIATELY INFORM AND COMMUNICATE ALL FACTS TO THE PRESIDENT OR SENIOR STAFF ATTORNEY OF ANY CONFLICTS OF INTERESTS THAT MAY HAVE ARISEN. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE BOARD SETS THE SALARY OF THE PRESIDENT AND ALLOWANCES FOR ALL OFFICERS AND OTHER EMPLOYEES. THE PRESIDENT SETS SALARIES FOR ALL OTHER OFFICERS AND EMPLOYEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO MEMBERS UPON REQUEST. |
| FORM 990, PART XII, LINE 1: | MODIFIED CASH BASIS. |
| FORM 990, PART XII, LINE 2C: | NO CHANGE FROM PRIOR YEAR. |
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