What amount of business qualifies as a “substantial part”?
A62. Substantial part means 10% or more. Where a business’s receipts from an employer whose employees the officer’s or employee’s labor organization represents or is actively seeking to represent constitute 10% or more of its annual receipts, a substantial part of the business consists of dealing with this employer. Q63. How do I know if a vendor’s dealings with an employer whose employees my labor organization represents or is actively seeking to represent are 10% or more if I do not have an ownership interest? For example, during the fiscal year I received sporting event tickets valued at over $300 from a vendor, but I have no idea if the vendor’s business with my employer accounts for 10% or more of its receipts. A63. If a labor organization official does not know the amount of business dealings between the vendor and his or her employer, the official should request such information in writing from the vendor. If the vendor refuses to provide the information, the official should con