Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | EXPLANATION OF CLASSES OF MEMBERS OR SHAREHOLDER THE ELIGIBLE MEMBERS OF IRONWORKERS LOCAL 623, FID 72-0318078, ARE THE OWNERS/MEMBERSHIP OF THIS ENTITY |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | ONCE EVERY THREE YEARS THE MEMBERS OF IRON WORKERS LOCAL 623, FID 72-0318078, ELECT BY DEMOCRATIC ELECTION, OFFICERS TO REPRESENT THE MEMBERSHIP. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | SPECIFIC EVENTS REQUIRE APPROVAL OF THE MEMBERSHIP ON A MONTHLY BASIS AT UNION MEETINGS. PAYMENT OF BILLS THE LOCAL UNION INCURRS MADE AND MAJOR PURCHASES TO BE MADE ALL MUST BE APPROVED BY THE MEMBERSHIP. OTHER ISSUES AUTHORIZED BY THE CONSTITUTION AND BY THE BYLAWS REQUIRE ACTION BY THE UNION MEMBERSHIP AS A WHOLE AND NOT BY THE ELECTED OFFICERS. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | THE OFFICERS RETAIN THE SERVICES OF AN INDEPENDENT PUBLIC ACCOUNTING FIRM TO PREPARE THE ANNUAL IRS FORM 990. THIS FIRM WILL PROVIDE A COPY OF THE COMPLETED FORM 990 TO THE FINANCIAL SECRETARY AND THE UNION PRESIDENT WHO WILL REVIEW THE RETURN ON BEHALF OF THE ELECTED OFFICERS AND MEMBERSHIP. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | UPON REQUEST BY ANY PARTY, THE LOCAL IS REQUIRED BY FEDERAL LAW TO MAKE A COPY OF THE FILED TAX RETURNS AVAILABLE. AT EACH MONTHLY UNION MEETING A COPY OF THE INTERNATIONAL CONSTITUTION IS AVAILABLE FOR ANY MEMBER TO REVIEW AND QUESTION. ALL FINANCIAL RECORDS FOR EACH MONTHS ACTIVITY ARE PRESENTED TO THE EXECUTIVE COMMITTEE FOR THEIR APPROVAL AND REVIEW AT EACH MONTHS UNION MEETINGS. |
| PART VII, SECTION A | TAX SOFTWARE HAS LIMITATIONS ON TITLE/POSITION FOR TRUSTEE'S. WE ARE USING SCHEDULE O TO PROVIDE THE ACTUAL TITLES TO THESE TRUSTEES. President: John Eric Fontenot: Past President, Luke Waggenspack: President, Herman Adams: Business Manager/ Financial Secretary Treasurer, Joshua Sonnier: Recording Secretary, Dennis Deviler: Sergeant of Arms, Gregory Mougeot: Examining Committee, James Foster: Examining Committee, Bryan Coats: Executive Committee, David Brown: Executive Committee, Aldo Irias-Duron: Vice President |
| PART VIII LINE 8 | DURING THE FISCAL YEAR THE ENTITY RECEIVED NOTIFICATION FROM THE SBA LENDING THAT THEY COMPLIED WITH THE SBA REGULATIONS FOR SBA PPP LOAN & THE SBA LOAN WAS FORGIVEN IN THE AMOUNT OF $ 105,568. |
| SCHEDULE C - PART I-C, LINE 5 | PURSUANT TO IRS REGULATIONS NO PERSONAL SS CAN BE ENTERED ON A PUBLIC IRS FORM 990. THE EIN FOR THE CANDIDATES ARE ALL OF THEIR PERSONAL SOCIAL SECURITY NUMBERS. |
| SCHEDULE R, PART II, ITEM A, 2 | OFFICERS OF THE LOCAL REPRESENT THE TRAINING FUND AS TRUSTEES. BECAUSE THE OFFICERS REPRESENT 50 OF THE VOTING MEMBERS OF THE TRAINING FUND, A RELATIONSHIP EXISTS THAT IS DEEMED A RELATED PARTY. NO TRANSACTIONS OCCURRED WITH THE TRAINING FUND AND THE REPORTING ENTITY THAT ARE REQUIRED TO BE REPORTED ON SCHEDULE R FOR THE FISCAL YEAR ENDING JUNE 30, 2022. HOWEVER, FOR FULL DISCLOSURE PURPOSES, THIS RELATIONSHIP THAT EXITS MUST BE REPORTED.OFFICERS OF THE LOCAL REPRESENT THE HOME ASSOCIATION AS TRUSTEES. BECAUSE THE OFFICERS OF IRON WORKERS HALL REPRESENTS 100 OF THE VOTING MEMBERS OF THE IRON WORKERS HOME ASSOCIATION, A RELATIONSHIP EXISTS THAT IS DEEMED A RELATED PARTY. HOWEVER, FOR FULL DISCLOSURE PURPOSES, THIS RELATIONSHIP THAT EXITS MUST BE REPORTED. |
| Software ID: | 21013485 |
| Software Version: | 2021v4.1 |