01/03/2018 - The Secretary-Treasurer’s Department will be hosting an Officer’s Fiduciary Responsibility & QuickBooks Training in New Orleans, LA from April 7-10, 2018.
07/08/2016 - (This article first appeared in the July-August issue of The American Postal Worker Magazine)
No matter the size of an organization or what it does, there are always concerns related to funding. It could be a social club, the Boy Scouts, your bowling league – or your local union.
Members of organizations often elect or appoint fellow members they trust to periodically review finances and report on their findings. How was the group’s money spent? Who spent it? Who authorized the spending?
Mandatory IRS Report:
03/01/2016 - (This article first appeared in the March-April 2016 issue of The American Postal Worker magazine.)
For unions, filing IRS form 990 annually is not optional! failure to submit this report could result in significant monetary penalties and revocation of our tax-exempt status.
01/01/2016 - (This article first appeared in the January-February 2016 issue of The American Postal Worker magazine.)
Recently, an APWU local union received a “penalty assessment order” from a state agency that instructed the local union to pay $41,000 for failure to carry workers’ compensation insurance.
11/01/2015 - (This article first appeared in the November/December 2015 issue of The American Postal Worker magazine.)
The APWU has 875 chartered local and state unions in the U.S., Puerto Rico, the Virgin Islands and Guam, and each one of them has officers who are elected to be custodians of the union’s funds.
In most cases, prior to taking office, the officers have no prior accounting experience and have never managed organizational funds. The challenge for the Secretary-Treasurer’s Department is to provide training on their legal and constitutional obligations, and on best practices when administering union funds.
09/11/2014 - Isn’t it amazing that every time anti-union groups claim they are protecting our freedom, they are actually steamrolling working people?
Take the so-called “right to work” legislation that has been proposed in many states. Its supporters claim they are defending an employees’ freedom to work.
10/06/2010 - APWU locals and affiliated organizations may be in danger of losing their tax exempt status if they fail to file 990, 990-N, or 990 EZ reports for 2007, 2008, and 2009 by Oct. 15, the Internal Revenue Service has announced.
06/03/2010 - Local union financial officers are encouraged to register for webinars on the Department of Labor's new online system for submitting financial reports required by the agency.