86'HSDUWPHQWRI/DERU(PSOR\PHQW6WDQGDUGV$GPLQLVWUDWLRQ2IILFHRI/DERU0DQDJHPHQW6WDQGDUGV:DVKLQJWRQ'&
FORM LM-2 LABOR ORGANIZATION ANNUALREPORT
)RUP$SSURYHG2IILFHRI0DQDJHPHQWDQG%XGJHW1R([SLUHV0867%(86('%</$%2525*$1,=$7,216:,7+25025(,1727$/$118$/5(&(,376$1'/$%2525*$1,=$7,216,175867((6+,3
7KLVUHSRUWLVPDQGDWRU\XQGHU3/DVDPHQGHG)DLOXUHWRFRPSO\PD\UHVXOWLQFULPLQDOSURVHFXWLRQILQHVRUFLYLOSHQDOWLHVDVSURYLGHGE\86&RU
READ THE INSTRUCTIONS CAREFULLY BEFORE PREPARING THIS REPORT.For Official UseOnly1. FILE NUMBER065-5332. PERIOD COVEREDFrom 3/1/2009Through 2/28/2010
3. (a) AMENDED - Is this an amended report: No
(b) HARDSHIP - Filed under the hardship procedures: No
(c) TERMINAL - This is a terminal report: No
4. AFFILIATION OR ORGANIZATION NAMEPROFESSIONAL ATHLETES, FED, AFL-CIO5. DESIGNATION (Local, Lodge, etc.)FEDERATION6. DESIGNATION NBR7. UNIT NAME (if any)NFL PLAYERS ASSOCIATION
8. MAILING ADDRESS (Type or print in capital letters)First NameDEMAURICELast NameSMITHP.O Box - Building and Room Number6TH FLOORNumber and Street1133 20TH STREET, NWCityWASHINGTONStateDCZIP Code + 420036
9. Are your organization's records kept at its mailing address?Yes
(DFKRIWKHXQGHUVLJQHGGXO\DXWKRUL]HGRIILFHUVRIWKHDERYHODERURUJDQL]DWLRQGHFODUHVXQGHUSHQDOW\RISHUMXU\DQGRWKHUDSSOLFDEOHSHQDOWLHVRIODZWKDWDOORIWKHLQIRUPDWLRQVXEPLWWHGLQWKLVUHSRUWLQFOXGLQJLQIRUPDWLRQFRQWDLQHGLQDQ\DFFRPSDQ\LQJGRFXPHQWVKDVEHHQH[DPLQHGE\WKHVLJQDWRU\DQGLVWRWKHEHVWRIWKHXQGHUVLJQHGLQGLYLGXDOVNQRZOHGJHDQGEHOLHIWUXHFRUUHFWDQGFRPSOHWH6HH6HFWLRQ9RQSHQDOWLHVLQWKHLQVWUXFWLRQV
26. SIGNED: Kevin Mawae PRESIDENT 27. SIGNED: DEMAURICE SMITH TREASURER
Date: May 28, 2010 Contact Info: Date: May 28, 2010 Contact Info:
)RUP/05HYLVHG
ITEMS 10 THROUGH 21
FILE NUMBER: 065-53310. During the reporting period did the labororganization create or participate in the administrationof a trust or a fund or organization, as defined in theinstructions, which provides benefits for members orbeneficiaries?Yes11. During the reporting period did the labororganization have a Political Action Committee (PAC)fund?No12. During the reporting period did the labororganization have an audit or review of its books andrecords by an outside accountant or by a parent bodyauditor/representative?Yes13. During the reporting period did the labor No20. How many members did the labor organization have atthe end of the reporting period?5,596
organization discover any loss or shortage of funds orother assets? (Answer "Yes" even if there has beenrepayment or recovery.)14. What is the maximum amount recoverable underthe labor organization's fidelity bond for a loss causedby any officer, employee or agent of the labororganization who handled union funds?$500,00015. During the reporting period did the labororganization acquire or dispose of any assets in amanner other than purchase or sale?Yes16. Were any of the labor organization's assets pledgedas security or encumbered in any way at the end of thereporting period?Yes17. Did the labor organization have any contingentliabilities at the end of the reporting period?Yes18. During the reporting period did the labororganization have any changes in its constitution orbylaws, other than rates of dues and fees, or inpractices/procedures listed in the instructions?Yes19. What is the date of the labor organization's nextregular election of officers?March 2010
21. What are the labor organization's rates of dues and fees?
Rates of Dues and Fees
Dues/Fees Amount Unit Minimum Maximum(a) Regular Dues/Fees $25,000 per MEMBER $1,000 $25,000(b) WorkingDues/Feesper (c) Initiation Fees per(d) Transfer Fees per(e) Work Permits per
)RUP/05HYLVHG
STATEMENT A - ASSETS AND LIABILITIES
FILE NUMBER: 065-533
ASSETS
ASSETSScheduleNumberStart of Reporting Period(A)End of Reporting Period(B)22. Cash
$76,670,016 $92,195,02023. Accounts Receivable 1 $11,450,430 $7,268,69624. Loans Receivable 2 $540,856 $580,08725. U.S. Treasury Securities
$20,056,099 $25,368,58226. Investments 5 $95,740,619 $109,764,08127. Fixed Assets 6 $59,016,668 $56,758,89228. Other Assets 7 $13,233,948 $19,083,684
29. TOTAL ASSETS
$276,708,636 $311,019,042
LIABILITIES
LIABILITIESScheduleNumberStart of Reporting Period(A)End of Reporting Period(B)30. Accounts Payable 8 $7,286,642 $17,440,91931. Loans Payable 9 $0 $032. Mortgages Payable $21,625,880 $20,013,64433. Other Liabilities 10 $36,581,771 $53,910,818
34. TOTAL LIABILITIES
$65,494,293 $91,365,381
35. NET ASSETS
$211,214,343 $219,653,661
)RUP/05HYLVHG
STATEMENT B - RECEIPTS AND DISBURSEMENTS
FILE NUMBER: 065-533
CASH RECEIPTS SCH AMOUNT
36. Dues and Agency Fees
$27,624,12037. Per Capita Tax
$038. Fees, Fines, Assessments, Work Permits
$1,524,13939. Sale of Supplies
$040. Interest
$6,111,44241. Dividends
$2,00042. Rents
$2,240,52043. Sale of Investments and Fixed Assets 3 $58,750,34844. Loans Obtained 9 $045. Repayments of Loans Made 2 $65,09546. On Behalf of Affiliates for Transmittal toThem
$53,71647. From Members for Disbursement on TheirBehalf
$048. Other Receipts 14 $119,728,441
49. TOTAL RECEIPTS
$216,099,821
CASH DISBURSEMENTS SCH AMOUNT
50. Representational Activities 15 $12,373,63451. Political Activities and Lobbying 16 $642,75252. Contributions, Gifts, and Grants 17 $1,566,91853. General Overhead 18 $105,070,74454. Union Administration 19 $6,607,47655. Benefits 20 $6,859,06056. Per Capita Tax
$33,41857. Strike Benefits
$058. Fees, Fines, Assessments, etc.
$059. Supplies for Resale
$060. Purchase of Investments and Fixed Assets 4 $65,448,47061. Loans Made 2 $104,32662. Repayment of Loans Obtained 9 $063. To Affiliates of Funds Collected on Their Behalf
$54,14664. On Behalf of Individual Members
$065. Direct Taxes
$1,813,873
66. Subtotal
$200,574,81767. Withholding Taxes and Payroll Deductions
67a. Total Withheld $586,991
67b. Less Total Disbursed $586,991
67c. Total Withheld But Not Disbursed
$0
68. TOTAL DISBURSEMENTS
$200,574,817
)RUP/05HYLVHG
SCHEDULE 1 - ACCOUNTS RECEIVABLE AGING SCHEDULE
FILE NUMBER: 065-533
Entity or Individual Name(A)Total AccountReceivable(B)90-180DaysPast Due(C)180+ DaysPast Due(D)LiquidatedAccountReceivable(E)Totals from all other accounts receivable $7,261,836 $0 $839 $0
TOTALS
(Column (B) Total will be automatically entered in Item 23, Column (B)) $7,268,696 $0 $7,699 $0PEPCO $6,860 $0 $6,860 $0
)RUP/05HYLVHG
SCHEDULE 2 - LOANS RECEIVABLE
FILE NUMBER: 065-533
List below loans to officers, employees, or memberswhich at any time during the reporting period exceeded$250 and list all loans to business enterprises regarless ofamount.(A)LoansOutstanding atStart of Period(B)Loans MadeDuring Period(C)Cash(D)(1)Other ThanCash(D)(2)LoansOutstanding atEnd of Period(E)Total of loans not listed above $0 $378 $0 $0 $378
Total of all lines
$540,856 $104,326 $65,095 $0 $580,087Totals will be automatically entered in...Item 24Column (A)Item 61 Item 45 Item 69with Explanation Item 24Column (B)Name: NFL COACHES ASSOCIATIONPurpose: FINANCIAL ASSISTANCESecurity: NONE$410,053 $19,919 $17,983 $0 $411,989
Search History:
Result 00 of 00
00 results for result for
p.
Recommended
More From This User
Notes
Load more
