International Brotherhood of Electrical Workers 275

“Union members elect the board”

“All decisions of the executive board are subject to approval at the regular membership meeting.”

“The form 990 is prepared by an outside cpa office. Once completed, a copy is sent to the international brotherhood of electrical workers local 275 for review. The amounts and answers to questions reported on the form 990 is reviewed by the the union business manager. After the business manager approves the form 990, an authorization form is signed allowing the cpa firm to file the form 990 with the internal revenue service.”

“To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax exempt status, periodic reviews shall be conducted. The periodic reivews shall, at a minimum, include the following subjects: a) whether compensation arrangement and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. B) whether partnerships, joint ventures, and arrangements with management organization conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissable private benefit, or in an excess benefit transaction. When conducting the periodic reviews as provided for above, the organization may, but need not, use outside advisors. If outside experts are used, their use shall not relieve the governing board of its responsibility for ensuring periodic reviews are conducted.”

“Compensation of the business manager is reviewed by the executive board to ensure it is reasonable based on comparability data.”

“Compensation of officers is in the by-laws, which are approved by the international office”

“Governing documents are kept at the union office and copies are made available to the public when requested.”

“Collective bargaining and representation of local union 275 of the internation brotherhood of electrical workers. Hold title to property, collect income from that property and turn over the entire amount less expenses to ibew local union 275.”

“Collective bargaining and representation of local union 275 of the internation brotherhood of electrical workers”

“Rental exp net with revenue 111,350 rent from gen to building corp 0 merchandise resale cost -29,702 rent from gen to building -17,148 rental exp net with revenue -111,350 rent from gen to building fund 0 merchandise resale cost 29,702 rent from gen to building 17,148 adjustments made on reviewed fs for 12/31/22 0”