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 B, line 11b | The Business Manager reviews the Form 990 and discusses with the Trustees before it is filed. |
| Form 990, Part VI, Section B, line 12c | The Board of Trustees are required to update a conflict of interest statement annually. |
| Form 990, Part VI, Section B, line 15b | The Board of Trustees reviews and approves the Business Manager's salary annually through the Local agreement and per Section 10.1.1 of the By-Laws, which states "The Business Manager/Secretary-Treasurer's salary shall be equal to a Construction General Foreman's wages at the rate established under the applicable labor agreement, not to exceed forty hours per week." |
| Form 990, Part VI, Section C, line 19 | The Local makes its policies, financial statements and Form 990 available to the public upon request. |
| FORM 990, PART XI, LINE 1 | The Organization uses the modified cash basis of accounting. Revenue is recorded when received rather than when earned and expenses are recognized when paid rather than when the obligation is incurred. Modifications to the cash basis of accounting include recording depreciation of property and equipment and accruing for payroll related expenses. |
| FORM 990, PART XII, LINE 2c | The financial statements are reviewed and approved by the Board of Directors annually. |
| Software ID: | |
| Software Version: |