Labor Unions
Focusing on all the areas of your labor union’s operations can hold many challenges. Government regulations are continually changing and keeping pace with those changes while having your members’ best interests at heart requires time, resources and expertise. Withum’s Labor Unions Services Team can provide you with experienced professionals specializing in supporting all aspects of your organization’s business needs.
Our team has experience assisting private and public sector labor organizations and unions, political organizations, related building corporations, scholarship funds and labor-management funds to achieve their goals. Whether looking to enhance financial reporting and better comply with the maze of regulations and rules or increase performance to work more efficiently and effectively, Withum offers a solution for these challenges.
Comprehensive Services to Improve Labor Organization Operations and Compliance
Labor Organization Accounting and Advisory Services
- Financial Statement Audits
- Beck Calculation Audits
- IRS and State Tax Compliance: Forms 990, 990-T and State Reporting
- Forensic Auditing
- Budgeting
- Internal Control Evaluation and Consulting
- LMRDA Compliance Including LM Preparation, Review and Consulting
- Migration to Technology-Driven Business Solutions
- Shared Expense Allocation Studies
- Human Resource Compliance and Consulting
- Outsourced Accounting Services
- General Business Consulting and Advice
- Merger Due Diligence and Consulting
- Cybersecurity Evaluation and Assessment
- Expense Report Compliance
- Data Security and Retention Consulting
- Salary Surveys and Benefit Comparisons
- Local Union Officer Training and Education
- Operational Reviews
- Recordkeeping Evaluation
- Business Transformation
Labor Organization and Union Industry Challenges and Trends
Ensuring you’re following government guidelines and compliance rules properly can be overwhelming as these rules and regulations can sometimes be confusing or hard to interpret. We offer you “peace of mind” by helping you stay compliant with the Department of Labor Office of Labor Management Standards (OLMS) and Internal Revenue Service (IRS).
Our Solutions
Finding ways to keep current members engaged and advocating for the benefits of membership is a current focus for labor organizations. Intranets, member portals and dashboards are effective tools to increase insightfulness, communication and engagement.
Safely housing union member data is a top concern with data piracy on the rise. Do you have ample policies, systems and best practices in place to protect member data and internal and external controls? Assessments can help you create a data security plan that fits your organization’s data security needs.
Our Solutions
Women in Labor
An Interview With Trailblazer Madison Hull
In celebration of Women’s History Month, Withum’s Multiemployer Benefit Plans and Labor Unions Service Partner, Jessica Roster, had an insightful conversation with Madison Hull, the Director of Service and President at District Council 16 International Union of Painters & Allied Trades.
Learn more
Fireside Chat with Shirley Aldebol
In honor of Women’s History Month, Withum’s Labor Unions Services Partner, Nadia Matthie, sat down with Shirley Aldebol, Executive Vice President of 32BJ SEIU.
Learn moreContact Us
For more information or to discuss your business needs, please connect with a member of our team.
Leadership
Featured Insights
The LM-30: History, Requirements, and Best Practices
The Form LM-30, also known as the Labor Organization Officer and Employee Report, was established as part of the Labor-Management Reporting and Disclosure Act (LMRDA) of 1959 and revised in […]
Are You Prepared for a DOL I-CAP/CAP Audit?
Even if your Union has consistently submitted accurate and timely annual financial reports (LM forms) to the Department of Labor (“DOL”), received no complaints from members or external parties and […]
Case Study: Scaling Financial Success with Dynamics 365 Business Central: A Labor Union’s Transition from QuickBooks
Learn how Withum worked with this client to successfully reduce manual processes, improve workflows and increase internal controls while increasing future scalability. Download a PDF of this case study. Executive […]
Testimonials
We are thrilled to have made the change to Withum. Withum is a complete full-service organization that has put the Local's best interests first. We are working with their OASyS practice, which has helped tremendously in meeting our accounting and finance commitments - with OASyS, we're getting better information faster, and have more confidence in our reporting.
Jeffrey Munyan, Assistant Business Manager | IBEW Local 1289