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 members that are current with their annual membership dues. |
Form 990, Part VI, Section A, Line 7a |
All active members in good standing, which are member that are current with their annual membership dues, are eligible to vote for the governing body/executive board. The governing body/executive board holds 3-year term 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 put into effect unless the decisions do not require membership approval as determined by the constitution and bylaws 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 required for the Form 990 with the Secretary/Treasurer and President. The CPA discusses any significant or major items requiring disclosure with the President and governing body during the process of preparing the Form LM-2 and Form 990. The President and/or 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, especially those that would give rise to conflicts of interest are reviewed by the governing board and/or membership before the transactions are consummated. 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 their website. The conflict of interest policy is included in the by-laws 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 by-laws. |