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 | Carlos Dorsey, audit committee member and janitor, and Eric Atwood, recording secretary, are cousins to Reginald Atwood, financial secretary/treasurer. |
| Form 990, Part VI, Section A, Line 6 | Members of the Organization are dues-paying members in good standing at Local 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 have not retired, are eligible to vote for the governing body, which is the executive board. The executive board's term is a 3-year position. |
| Form 990, Part VI, Section A, Line 7b | All major decisions are normally approved by the membership. Any decisions approved by the governing body, which is the executive board, must be approved by the active voting members of Local Union 1426 before the decisions are executed, unless the decisions do not require membership approval as determined by the constitution and by-laws of Local Union 1426. |
| Form 990, Part VI, Section B, Line 11b | A CPA, who is not independent, prepares the Form 990, discusses and summarizes the information with the Financial Secretary/Treasurer and the President, information required to be disclosed on the Form 990. The CPA discusses any significant or major items/issues requiring disclosure with the President and Executive Board during the process of preparing Form LM-2 and Form 990. The President and/or Financial Secretary/Treasurer discusses relevant 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 body, audit committee, and/or active membership before the transactions are consummated or after the issues are discovered to be in existence. The governing body and membership are aware that conflicts of interest are not incompliance with 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 Local 1426 Union Hall. The conflicts of interest policy is included in the by-laws of the Organization. Members are aware of the availability of the documents and financial statements by notification at union meetings, conferences, postings at the Union Hall, and through the general knowledge of Local 1426's constitution and by-laws. |
| Software ID: | 21013178 |
| Software Version: | v1.00 |