International Longshoremens Association 1426 Local

“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 charge withholdings on income earned while performing work under the collective bargaining agreements.”

“All active members in good standing, which are members that are current with their annual membership 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.”

“All major decisions are normally approved by active voting membership in good standing. Any decisions approved by the governing body, which is the executive board, must also be approved by active membership in good standing before the decisions are executed, unless the decisions do not require membership approval as specified by the constitutions and bylaws of Local 1426.”

“A CPA, who is not independent, prepares the Form 990, discusses and summarizes with the Financial Secretary/Treasurer and 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 an Form 990. The President and/or Financial Secretary/Treasurer also discusses relevant information with the Executive Board and/or membership as needed or requested. The President may request the CPA to address the active membership regarding Form 990 information that may require clarification.”

“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, audit committee, and membership are aware that conflicts of interest are not in compliance with Department of Labor transactions.”

“The Organization has access to its governing documents available on its website and at it's physical address, the Local 1426 Union Hall. The Conflicts of interest policy is included in the Organization's constitutions and by-laws, which is available to its members by request. Members are made aware of the availability of the documents and financial information through notification at union meetings, conferences, and postings at the Union Hall.”