AMO audited financial statements, LM-2 available online

The audited financial statements of American Maritime Officers for the fiscal years ended March 31, 2020 and 2019 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, 2020. AMO files the LM-2 financial disclosure report each year with the U.S. Department of Labor (DOL), and the public document is also available through the DOL.

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.