Instructions for Form LM-4 Labor Organization Annual Report

Form LM-4 Labor Organization Annual Report

The Instructions for Form LM-4 Labor Organization Annual Report are guidelines provided for labor organizations in the United States that have less than $10,000 in total annual receipts. This form is used by these organizations to report their financial conditions and operations as required by the Labor-Management Reporting and Disclosure Act (LMRDA). The form contains information about assets, liabilities, receipts, disbursements, along with administrative practices. It's an important tool that allows for transparency and accountability in labor organizations. It needs to be filed with the U.S Department of Labor's Office of Labor-Management Standards (OLMS).

The Instructions for Form LM-4 Labor Organization Annual Report are filed by any labor organization subject to the Labor-Management Reporting and Disclosure Act (LMRDA), the Civil Service Reform Act (CSRA), or the Foreign Service Act (FSA) with total annual receipts of $10,000 or less. The form and instructions are provided by the U.S. Department of Labor's Office of Labor-Management Standards (OLMS).

FAQ

Q: What is Form LM-4 Labor Organization Annual Report?
A: Form LM-4 is an annual report that small labor organizations in the U.S are required to file with the Department of Labor's Office of Labor-Management Standards (OLMS) to report their financial conditions and operations.

Q: Who should file Form LM-4?
A: Small labor organizations with total annual receipts of $10,000 or less are required to file Form LM-4.

Q: What is the purpose of Form LM-4?
A: The purpose of Form LM-4 is to disclose a labor organization's financial conditions and operations. This includes information about its assets, liabilities, receipts, salaries, officer, employee, and more.

Q: When is Form LM-4 due?
A: Form LM-4 is due within 90 days after the end of the labor organization's fiscal year.

Q: What happens if a labor organization fails to file Form LM-4?
A: Failure to file Form LM-4 could result in criminal or civil enforcement action. It can also lead to suspension of the labor organization's status.