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Who must file an LM-2?

Every labor organization subject to the LMRDA, CSRA, or FSA with total annual receipts of $250,000 or more must file Form LM-2.

What are unions required to file with Olms?

Unions must also file annual financial reports (Forms LM-2, LM-3, or LM-4) with OLMS each year, disclosing their assets, liabilities, receipts and disbursements, and parent unions must file reports (LM-15, LM 15(A), and LM-16) if they place a subordinate union in trusteeship.

What is an LM-4?

A labor organization that must file Form LM-4 may assert a temporary hardship exemption or apply for a continuing hardship exemption to prepare and submit the report in paper format.

What is an LM-3?

Your labor organization's Form LM-3 must report financial information for all funds of your organization. Include any special purpose funds or accounts, such as strike funds, vacation funds, and scholarship funds even it they are not part of your organization's general treasury.

What is an LM-2 report?

The LM-2 is like a tax return for a union. Each union is supposed to file one every year. An LM-2 is a form where the union reports things like how much it pays its officers and employees. The LM-2 is for large unions. If you're dealing with a small local union, it might file an LM-3 or an LM-4.

lm3 report

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What is an lm3 form?

The officers required to file Form LM-3 are responsible for maintaining records which will provide in sufficient detail the information and data necessary to verify the accuracy and completeness of the report. The records must be kept for at least 5 years after the date the report is filed.

What is an lm3 form?

The officers required to file Form LM-3 are responsible for maintaining records which will provide in sufficient detail the information and data necessary to verify the accuracy and completeness of the report. The records must be kept for at least 5 years after the date the report is filed.

What is an LM-2 report?

The LM-2 is like a tax return for a union. Each union is supposed to file one every year. An LM-2 is a form where the union reports things like how much it pays its officers and employees. The LM-2 is for large unions. If you're dealing with a small local union, it might file an LM-3 or an LM-4.

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