union financial reports

Union financial reports are documents that provide a detailed account of a labor union's financial activities over a specific period, typically a year. They include income from member dues, investments, and other sources, as well as expenditures on operations, events, wages, and benefits for members. These reports aim to ensure transparency and accountability, allowing union members to see how their money is being managed and spent. They also help assess the union's financial health and guide future decisions. Clear financial reports are crucial for maintaining trust and supporting the union’s mission to represent its members effectively.