Posted:
August 15, 2012
The audited financial statements of American Maritime Officers for the fiscal years ended March 31, 2012 and 2011 are available for AMO membership review in the secure section of the AMO website.
The statements include a side-by-side comparison of all of the union's operating costs in each of the fiscal years. For AMO, the fiscal year begins April 1 and ends on March 31.
Also available for AMO membership review in the secure section of the AMO website is the American Maritime Officers LM-2 report for the fiscal year ended March 31, 2012. The LM-2 financial disclosure report is a public document and is also available through the Department of Labor. The LM-2 report is posted each year by the union on the AMO website for the convenience of the AMO membership.
The financial statements differ from the LM-2 financial disclosure report AMO files each year with the U.S. Department of Labor only in the way data is compiled and recorded. The Department of Labor requires that an LM-2 show earned revenue actually received and disbursements actually made, while the simpler audited financial statement shows earned revenue - received or not - and known expenses, regardless of whether these bills have yet been paid.
The secure section of the AMO website is accessible to active AMO members and applicants. AMO members will need to click on the "AMO Member Log In" tab on the AMO home page and log into the secure section of the AMO website with their user ID and password for the AMO Dispatching website.
Once logged in, AMO members can click on the link at the top of the page, "View AMO Financial Reports," to access the documents.
Links are available on the log-in page for AMO members who need to register for an online account with AMO Dispatching, and for retrieving a lost or forgotten password.
AMO audited financial statements, LM-2 available online
The audited financial statements of American Maritime Officers for the fiscal years ended March 31, 2012 and 2011 are available for AMO membership review in the secure section of the AMO website.
The statements include a side-by-side comparison of all of the union's operating costs in each of the fiscal years. For AMO, the fiscal year begins April 1 and ends on March 31.
Also available for AMO membership review in the secure section of the AMO website is the American Maritime Officers LM-2 report for the fiscal year ended March 31, 2012. The LM-2 financial disclosure report is a public document and is also available through the Department of Labor. The LM-2 report is posted each year by the union on the AMO website for the convenience of the AMO membership.
The financial statements differ from the LM-2 financial disclosure report AMO files each year with the U.S. Department of Labor only in the way data is compiled and recorded. The Department of Labor requires that an LM-2 show earned revenue actually received and disbursements actually made, while the simpler audited financial statement shows earned revenue - received or not - and known expenses, regardless of whether these bills have yet been paid.
The secure section of the AMO website is accessible to active AMO members and applicants. AMO members will need to click on the "AMO Member Log In" tab on the AMO home page and log into the secure section of the AMO website with their user ID and password for the AMO Dispatching website.
Once logged in, AMO members can click on the link at the top of the page, "View AMO Financial Reports," to access the documents.
Links are available on the log-in page for AMO members who need to register for an online account with AMO Dispatching, and for retrieving a lost or forgotten password.