Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | IBEW LOCAL UNION #532 HAS 557 ACTIVE VOTING MEMBERS AT DECEMBER 31, 2018. |
| FORM 990, PART VI, SECTION A, LINE 7A | EVERY THIRD YEAR IN JUNE THE MEMBERSHIP HAS A ORGANIZATION MEETING WHEREBY THE MEMBERS ELECT THE GOVERNING EXECUTIVE BOARD TO SERVE A THREE YEAR TERM. |
| FORM 990, PART VI, SECTION A, LINE 7B | BYLAWS MAY BE AMENDED OR CHANGED BY ANY SUCH PROPOSAL BEING SUBMITTED IN WRITING AND READ AT TWO (2) REGULAR MEETINGS OF THE LOCAL UNION, AND DECIDED AT THE SECOND MEETING BY A MAJORITY VOTE OF THE MEMBERS PRESENT AND VOTING. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS REVIEWED BY THE BUSINESS MANAGER PRIOR TO ITS FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | REQUIRES ALL BOARD MEMBERS AND EMPLOYEES TO COMPLETE AND ANNUAL DISCLOSURE STATEMENT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE SALARY OF THE BUSINESS AND ASSISTANT MANAGER IS SET FORTH IN ARTICLE VII, SECTION 1 OF IBEW LOCAL UNION #532 BYLAWS WHICH ESTABLISHES THE BUSINESS AND ASSISTANT MANAGER SALARY EQUAL TO 173 1/2 TIMES THE STRAIGHT-TIME HOURLY RATE FOR INSIDE/OUTSIDE CONSTRUCTION FOR THE GENERAL FOREMAN AND FOREMAN SALARY, RESPECTIVELY, WHICHEVER IS HIGHER. THE SALARIES FOR THE UNION ORGANIZER AND OFFICE MANAGER IS DETERMINED BY THE BUSINESS MANAGER AND THE EXECUTIVE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL GOVERNING DOCUMENTS, POLICIES, FINANCIAL REPORTS (LM-2) AND FORM 990 ARE AVAILABLE UPON REQUEST AT IBEW LOCAL UNION #532 HEADQUARTER OFFICE. IN ADDITION FORM LM-2 AND LOCAL UNION BYLAWS ARE AVAILABLE ON THE DEPARTMENT OF LABOR WEBSITE. |
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