Posted:
September 9, 2013
The audited financial statements of American Maritime Officers for the fiscal years ended March 31, 2013 and 2012 are available for AMO membership review in the secure section of the AMO website.
The audited financial statements include a side-by-side comparison of the union's operating income and expenses for each of the last two fiscal years. AMO's fiscal year begins on 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, 2013. AMO files the LM-2 financial disclosure report each year with the U.S. Department of Labor, and the public document is also available through the DOL. The LM-2 report is posted each year by the union on the AMO website for the convenience of the AMO membership.
"Every year, AMO makes this information easily accessible to all active members in keeping with my administration's commitment to transparency," said AMO National President Tom Bethel. "We post our financial statements as a supplement to the LM-2 because they are more straightforward and provide a means for the membership to compare the union's income and expenditures from year to year."
The financial statements differ from the LM-2 financial disclosure report in the way data is reported. The financial statements report AMO's revenue earned and expenses incurred during the fiscal year, regardless of when revenue is received or when expenses are paid. The LM-2 reports the amount of cash collected and cash disbursed for the fiscal year.
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, 2013 and 2012 are available for AMO membership review in the secure section of the AMO website.
The audited financial statements include a side-by-side comparison of the union's operating income and expenses for each of the last two fiscal years. AMO's fiscal year begins on 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, 2013. AMO files the LM-2 financial disclosure report each year with the U.S. Department of Labor, and the public document is also available through the DOL. The LM-2 report is posted each year by the union on the AMO website for the convenience of the AMO membership.
"Every year, AMO makes this information easily accessible to all active members in keeping with my administration's commitment to transparency," said AMO National President Tom Bethel. "We post our financial statements as a supplement to the LM-2 because they are more straightforward and provide a means for the membership to compare the union's income and expenditures from year to year."
The financial statements differ from the LM-2 financial disclosure report in the way data is reported. The financial statements report AMO's revenue earned and expenses incurred during the fiscal year, regardless of when revenue is received or when expenses are paid. The LM-2 reports the amount of cash collected and cash disbursed for the fiscal year.
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.