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, is a cousin to Reginald Atwood, Financial/Secretary Treasurer. |
| Form 990, Part VI, Section A, Line 6 | Members of the Organization are dues-paying active and retired members in good standing at Local 1426. Members in good standing are current with annual membership dues and service charges dues on income earned while performing work under the collective bargaining agreements. |
| Form 990, Part VI, Section A, Line 7a | All active members in good standing, which are members that are current with their annual dues and have not retired, are eligible to vote for the governing body, which is the executive board. The positions on the executive board are 3-year terms. |
| Form 990, Part VI, Section A, Line 7b | All major decisions are normally approved my the active voting membership in good standing. Any decisions approved by the governing body, which is the executive board, must also be approved by the active membership in good standing, before the decisions are executed, unless the decisions do not require membership approval as specified by the constitution and by-laws of Local 1426. |
| 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, information required to be disclosed on the Form 990. The CPA discusses any significant items requiring disclosure with the President and Executive Board during the process of preparing the LM-2 and Form 990. The President and/or Financial Secretary/Treasurer also discuss relevant information with the executive board and/or membership as needed or requested. The President may request the CPA to address the membership regarding 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 executive board, audit committee, and/or active voting membership before the transactions are consummated or after the transactions/issues are discovered to be in existence. The executive board and membership are aware that conflicts of interest are not in compliance with the Department of Labor regulations. |
| Form 990, Part VI, Section C, Line 18 | The Organization has Form 1024 available upon request. Form 990 is also available upon request. |
| 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 constitution and by-laws of the Organization, which is available to members. Members are made aware of the availability of the documents and financial information by notification at union meetings, conferences, and postings at the Union Hall. |
| Software ID: | 22015720 |
| Software Version: | v1.00 |