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U.S. Department of Labor
Employment Standards Administration
Office of Labor-Management Standards
Washington, DC 20210
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FORM LM-2 LABOR ORGANIZATION ANNUAL REPORT
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Form Approved
Office of Management and Budget
No. 1215-0188
Expires: 11-30-2006
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MUST BE USED BY LABOR ORGANIZATIONS WITH $250,000 OR MORE IN
TOTAL ANNUAL RECEIPTS AND LABOR ORGANIZATIONS IN TRUSTEESHIP
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This report is manadatory
under P.L. 86-257, as amended. Failure to comply may result in criminal
prosecution, fines, or civil penalties as provided by 29 U.S.C. 439 or 440.
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READ THE INSTRUCTIONS CAREFULLY
BEFORE PREPARING THIS REPORT.
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For Official Use Only
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1. FILE NUMBER
024-035
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2. PERIOD
COVERED
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From
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1/1/2006
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Through
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12/31/2006
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3.
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(a)
AMENDED - Is this an amended report:
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No
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(b) HARDSHIP
- Filed under the hardship procedures:
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No
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(c)
TERMINAL - This is a terminal report:
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No
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4.
AFFILIATION OR ORGANIZATION NAME
ELECTRICAL WORKERS IBEW AFL-CIO
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5.
DESIGNATION (Local, Lodge, etc.)
LOCAL UNION
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6.
DESIGNATION NBR
47
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7. UNIT NAME (if any)
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8. MAILING
ADDRESS (Type or print in capital letters)
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First Name
PATRICK
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Last Name
LAVIN
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P.O Box - Building and Room Number
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Number and
Street
600 N DIAMOND BAR BLVD
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City
DIAMOND BAR
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State
CA
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ZIP Code +
4
91765-1037
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9. Are your organization's records kept at its mailing address?
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Yes
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Each of the
undersigned, duly authorized officers of the above labor organization,
declares, under penalty of perjury and other applicable penalties of
law, that all of the information submitted in this report (including
information contained in any accompanying documents) has been examined
by the signatory and is, to the best of the undersigned individual's
knowledge and belief, true, correct and complete (See Section V on
penalties in the instructions.)
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26.
SIGNED:
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Ron
Delgado
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PRESIDENT
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27.
SIGNED:
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Patrick
Lavin
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Financial
Sec.
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Date:
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Mar 27, 2007
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Contact Info:
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Date:
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Mar 27, 2007
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Contact Info:
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ITEMS 10 THROUGH 21
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FILE NUMBER: 024-035
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10. During
the reporting period did the labor organization create or participate in
the administration of a trust or a fund or organization, as defined in
the instructions, which provides benefits for members or beneficiaries?
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Yes
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11. During
the reporting period did the labor organization have a Political Action
Committee (PAC) fund?
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Yes
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12. During
the reporting period did the labor organization have an audit or review
of its books and records by an outside accountant or by a parent body
auditor/representative?
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Yes
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13. During
the reporting period did the labor organization discover any loss or
shortage of funds or other assets? (Answer "Yes" even if there
has been repayment or recovery.)
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No
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14. What is
the maximum amount recoverable under the labor organization's fidelity
bond for a loss caused by any officer, employee or agent of the labor
organization who handled union funds?
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$1,000,000
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15. During
the reporting period did the labor organization acquire or dispose of any
assets in a manner other than purchase or sale?
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Yes
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16. Were any
of the labor organization's assets pledged as security or encumbered in
any way at the end of the reporting period?
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No
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17. Did the
labor organization have any contingent liabilities at the end of the
reporting period?
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No
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18. During
the reporting period did the labor organization have any changes in its
constitution or bylaws, other than rates of dues and fees, or in
practices/procedures listed in the instructions?
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No
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19. What is
the date of the labor organization's next regular election of officers?
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06/2008
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20. How many
members did the labor organization have at the end of the reporting
period?
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6,706
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21. What ar
the labor organization's rates of dues and fees?
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Rates of Dues and Fees
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Dues/Fees
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Amount
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Unit
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Minimum
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Maximum
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(a) Regular
Dues/Fees
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ITEM 69
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per
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N/A
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(b)
Working Dues/Fees
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0
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per
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N/A
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(c)
Initiation Fees
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20
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per
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N/A
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(d)
Transfer Fees
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0
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per
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(e) Work
Permits
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0
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per
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STATEMENT A - ASSETS AND
LIABILITIES
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FILE NUMBER: 024-035
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ASSETS
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Schedule
Number
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Start of Reporting Period
(A)
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End of Reporting Period
(B)
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22. Cash
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$1,990,971
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$2,194,610
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23. Accounts
Receivable
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1
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$318,265
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$370,017
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24. Loans
Receivable
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2
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$0
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$0
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25. U.S.
Treasury Securities
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$397,154
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$0
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26.
Investments
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5
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$220,134
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$131,703
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27. Fixed
Assets
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6
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$1,238,120
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$2,331,555
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28. Other
Assets
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7
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$19,962
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$6,871
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29. TOTAL
ASSETS
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$4,184,606
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$5,034,756
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LIABILITIES
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Schedule
Number
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Start of Reporting Period
(A)
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End of Reporting Period
(B)
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30. Accounts
Payable
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8
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$434,421
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$471,239
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31. Loans
Payable
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9
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$0
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$0
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32.
Mortgages Payable
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$0
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$0
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33. Other
Liabilities
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10
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$17,782
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$7,266
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34. TOTAL
LIABILITIES
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$452,203
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$478,505
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35. NET
ASSETS
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$3,732,403
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$4,556,251
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STATEMENT B - RECEIPTS AND
DISBURSEMENTS
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FILE NUMBER: 024-035
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CASH RECEIPTS
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SCH
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AMOUNT
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36. Dues and
Agency Fees
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$8,759,420
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37. Per
Capita Tax
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$0
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38. Fees,
Fines, Assessments, Work Permits
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$0
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39. Sale of
Supplies
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$8,178
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40. Interest
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$84,437
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41.
Dividends
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$502
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42. Rents
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$0
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43. Sale of
Investments and Fixed Assets
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3
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$542,144
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44. Loans
Obtained
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9
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$0
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45.
Repayments of Loans Made
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2
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$0
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46. On
Behalf of Affiliates for Transmittal to Them
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$0
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47. From
Members for Disbursement on Their Behalf
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$10,805
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48. Other
Receipts
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14
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$86,440
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49. TOTAL
RECEIPTS
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$9,491,926
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CASH DISBURSEMENTS
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SCH
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AMOUNT
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50.
Representational Activities
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15
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$2,454,671
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51.
Political Activities and Lobbying
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16
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$125,863
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52.
Contributions, Gifts, and Grants
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17
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$198,236
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53. General
Overhead
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18
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$1,259,447
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54. Union
Administration
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19
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$1,467,232
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55. Benefits
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20
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$976,450
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56. Per
Capita Tax
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$1,214,440
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57. Strike
Benefits
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$0
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58. Fees,
Fines, Assessments, etc.
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$0
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59. Supplies
for Resale
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$45,216
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60. Purchase
of Investments and Fixed Assets
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4
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$1,318,271
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61. Loans
Made
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2
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$0
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62.
Repayment of Loans Obtained
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9
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$0
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63. To
Affiliates of Funds Collected on Their Behalf
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$0
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64. On
Behalf of Individual Members
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$9,792
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65. Direct
Taxes
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$211,448
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66. Subtotal
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$9,281,066
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67.
Withholding Taxes and Payroll Deductions
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67a.
Total Withheld
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$1,275,881
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67b.
Less Total Disbursed
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$1,283,102
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67c.
Total Withheld But Not Disbursed
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-$7,221
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68. TOTAL
DISBURSEMENTS
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$9,288,287
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SCHEDULE 1 - ACCOUNTS
RECEIVABLE AGING SCHEDULE
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FILE NUMBER: 024-035
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Entity or Individual Name
(A)
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Total Account Receivable
(B)
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90-180 Days
Past Due
(C)
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180+ Days
Past Due
(D)
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Liquidated Account
Receivable
(E)
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Totals from
all other accounts receivable
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$370,017
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$0
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$0
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$0
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TOTALS (Column (B) Total will be
automatically entered in Item 23, Column (B))
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$370,017
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$0
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$0
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$0
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SCHEDULE 2 - LOANS
RECEIVABLE
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FILE NUMBER: 024-035
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There was no data found for this schedule.
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SCHEDULE 3 - SALE OF
INVESTMENTS AND FIXED ASSETS
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FILE NUMBER: 024-035
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Description (if land or buildings
give location)
(A)
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Cost
(B)
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Book Value
(C)
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Gross Sales Price
(D)
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Amount Received
(E)
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Total of
all lines
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$648,642
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$559,637
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$542,144
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$542,144
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AUTOMOBILES
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$98,025
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$45,958
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$37,300
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$37,300
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U.S.
TREASURY SEC. & CORP. BONDS
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$513,679
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$513,679
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$504,844
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$504,844
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OFFICE
FURNITURE AND EQUIPMENT
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$36,938
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$0
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$0
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$0
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14. Less
Reinvestments
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$0
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(Net Sales total will automatically
entered in Item 43)
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15. Net
Sales
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$542,144
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SCHEDULE 4 - PURCHASE OF
INVESTMENTS AND FIXED ASSETS
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FILE NUMBER: 024-035
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Description (if land or buildings,
give location)
(A)
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Cost
(B)
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Book Value
(C)
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Cash Paid
(D)
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Total of all
lines
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$1,318,271
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$1,318,271
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$1,318,271
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FURNITURE
AND EQUIPMENT
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