Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| PART VI, SECTION A, LINE 6 - MEMBERS OF THE ORGANIZATION: | THIS ORGANIZATION IS COMPRISED OF JOURNEYMAN AND APPRENTICE MEMBERS OF THE IRON WORKING INDUSTRY, LOCATED IN THE WESTERN HALF OF THE UNITED STATES. |
| PART VI, SECTION A, LINES 8A/8B - OTHER COMMITTEES WITH AUTHORITY TO ACT: | SINCE THE ORGANIZATION IS UNDER THE ADMINISTRATORSHIP OF THE INTERNATIONAL ASSOCIATION OF BRIDGE, STRUCTURAL, ORNAMENTAL AND REINFORCING IRON WORKERS (IABSORIW), THERE ARE NO MEETINGS HELD AND NO OTHER COMMITTEES EXIST THAT MAY ACT ON BEHALF OF THE REPORTING ORGANIZATION. |
| PART VI, SECTION B, LINE 11B - REVIEW PROCESS OF FORM 990: | A COPY OF THE RETURN IS SENT TO THE ORGANIZATION'S ADMINISTRATOR TO REVIEW. UPON APPROVAL BY THE ADMINISTRATOR, THE ACCOUNTANTS ARE NOTIFIED TO FINALIZE FOR FILING. |
| PART VI, SECTION C, LINE 19 - AVAILABILITY OF DOCUMENTS AND F/S: | THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. |
| PART X, LINES 27 -32 - NET ASSETS: | DUE TO CHANGE IN ACCOUNTING PRINCIPLES, MANAGEMENT OF THE ORGANIZATION ADOPTED NEW ACCOUNTING GUIDANCE IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS 2016-14, PRESENTATION OF FINANCIAL STATEMENTS OF NOT-FOR-PROFIT ENTITIES. THE BOX FOR FOLLOWING SFAS 117 HAS BEEN CHECKED AND NET ASSETS HAVE BEEN DENOTED ON LINES 27 - 29 AS APPLICABLE. |
| PART XI, LINE 1 - ACCOUNTING METHOD: | The accompanying financial statements are prepared using the modified cash basis of accounting. Revenue is recognized when received, rather than when earned, and expenses are recognized when paid rather than when the obligation is incurred, except for the capitaliztion and depreciation of fixed assets, and the regognition of assets and liabilities related to dues collected by but not received from the Regional District Council and assets and liabilities arising as a result of payroll processing. |
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