If Total Annual Receipts Are More Than $250,000 Locals Must Use the Online Form LM-2

LM-2 Filers

If total annual receipts are more than $250,000 Locals must use the online Form LM-2.

The Form LM-2 must be filed electronically using the OLMS Electronic Forms System (EFS), unless a hardship exemption has been obtained from the DOL. EFS is a web-based system for completing, signing, and submitting Labor Organization Annual Financial Reports. EFS allows a labor organization with a web-enabled computer the ability to acquire, complete, sign, and electronically file a Form LM-2 report without purchasing a digital signature or downloading special software.

The DOL reports are due 90 days after the close of the fiscal year. The fiscal year for most CWA Locals closes on September 30, therefore, the reporting period for DOL reports is October 1 through September 30. This report must be filed with the DOL by December 28. The LMRDA does not authorize or grant any extension of time for filing this report for any reason.

For those Locals chartered during the fiscal year, the reporting period is the period from the date chartered through September 30. A newly chartered Local must also file Form LM-1 within 90 days of the charter date. Two copies of the Local’s bylaws must accompany the form.

The OLMS has added Compliance Tips to their website located at http://www.dol.gov/olms/regs/compliance/compltips.htm. Included are tips for dealing with electronic recordkeeping, lost wages, credit cards, reporting officer and employee payments on Forms LM-2 and LM-3, and many others.

If you are interested in arranging for any training in these areas or have any questions, please feel free to contact any one of the 20 OLMS District Offices. A complete listing of these offices can be found at: http://www.dol.gov/olms/contacts/lmskeyp.htm.

Reporting and assistance information is available at www.olms.dol.gov.

NOTE: You are NOT required to file two copies of the CWA Constitution as this requirement has been fulfilled by the CWA International on behalf of all CWA Locals.