Laborers International Union of North America Local Union No 242

“The organization's members include active regular, active retired, fifty year retirees, and active special members, all of which are eligible to vote to approve decisions of the governing body as set forth in the constitution and bylaws.”

“All active and retired members are eligible to vote in the election of governing body members.”

“All members are eligible to approve decisions of the governing body as set forth in the constitution and bylaws.”

“Actions of the executive board are documented contemporaneously in the minutes. The organization does not have committees with authority to act on behalf of the governing body.”

“The form 990 was reviewed by dale w. Cannon, michael whiteside, and julie taylor prior to filing.”

“The written conflict-of-interest policy is included in the code of best practice, which is part of the constitution by which the organization is governed. Any member or employee of the organization can contact the liuna (an affiliated organization also governed by the constitution) general president with any complaint arising under the constitution; the code of best practices; or any other disciplinary rule, regulation, practice or procedure adopted by the liuna general executive board. The code of best practices explains the disciplinary procedure that must be followed when necessary and the independent officers who are entrusted to enforce the code. The u.s. Department of labor requires all non-clerical employees to report on lm-30 potential situations where there may be conflicts of interest. This information is open to the public.”

“Changes in compensation of officers is approved by voting members during nomination meetings.”

“The constitution (governing document) and code of best practices (conflict-of-interest policy) are available through the united states department of labor, olms, online public disclosure room. The information is filed under laborers' international union of north america, which files the information on behalf of all affiliated organizations. In addition, the organization files an annual financial report with the department of labor, which can also be obtained on the online public disclosure room.”

“Transferred assets from the merger with local 440 4,706,919.”

“The organization uses the modified cash basis of accounting.”

“The executive board assumes responsibility for oversight of the audit of the organization's financial statements and selection of an independent accountant. This process has not changed from the prior year.”

“Effective november 7, 2017, street pavers, sewer, watermain and tunnel workers local 440 terminated and merged into the local. The trasnferred net assets are as follows: cash $183,230 investments - at cost $4,280,171 common stock - seattle labor temple $1,000 land $35,000 building $305,527 furniture and equipment $156,128 automobiles $143,473 accumulated depreciation ($395,888) withheld benefits and payroll taxes ($1,722)”