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 2 | Reginald Atwood, Financial Secretary/Treasurer is a first cousin/family relationship to Eric Atwood, Recording Secretary and Carlos Dorsey, Audit Committee member and Janitor. |
| Form 990, Part VI, Section A, Line 6 | Members of the Organization are dues paying members in good standing at Local Union 1426. Members in good standing are current with annual membership dues. |
| Form 990, Part VI, Section A, Line 7a | All active members in good standing, which are members that are current with their annual membership dues and are not retired, are eligible to vote for the governing body, which is the executive board. The executive board holds 3-year positions. |
| Form 990, Part VI, Section A, Line 7b | All major decisions are normally approved by the membership. Any decisions by the governing body, which is the executive board, must be approved by the active voting membership of Local Union 1426 before the decisions are executed, unless the decisions do not require membership approval as determined by the constitution and bylaws of Local Union1426. |
| Form 990, Part VI, Section B, Line 11b | A CPA who is not independent, prepares the Form 990, discusses and summarizes with the Financial Secretary/Treasurer and the President, the information required to be disclosed on the Form 990. The CPA discusses any significant or major items requiring disclosure with the President and the Executive Board during the process of preparing the Form LM-2 and Form 990. The President and/or Financial Secretary/Treasurer discusses relevant Form 990 information with the governing body and/or membership as needed or requested. The President may request the CPA to address the membership regarding any Form 990 information that may require clarification. |
| Form 990, Part VI, Section B, Line 12c | All transactions that would give rise to conflicts of interest are reviewed by the governing board and/or membership before the transactions are consummated or after they are discovered to be in existence. The governing board is aware that conflicts of interest are not in compliance with ERISA/Department of Labor laws. |
| Form 990, Part VI, Section C, Line 19 | The Organization has the governing documents available on its website and at the Union Hall. The conflicts of interest policy is included in the bylaws of the Organization. Members are aware of the availability of documents and financial statements by notice at union meetings, conferences, and through general knowledge of Local 1426's constitution and bylaws. |
| Software ID: | 19009572 |
| Software Version: | v1.00 |