The immutable ledger for labor union finances.
Connect the local’s accounts. Receipts and disbursements are mapped to the LM report schedules, the annual report is drafted for officer approval, and members get a public feed they can verify.
Why this is hard today.
Every labor organization files an annual financial report with the U.S. Department of Labor’s Office of Labor-Management Standards (OLMS). Which form depends on total annual receipts: the LM-2 at $250,000 and up, the LM-3 from $10,000 to $250,000, and the LM-4 under $10,000. The LM-2 is detailed — disbursements broken into functional schedules — and, once filed, it is public on the OLMS disclosure site.
Officers carry a fiduciary duty to the membership under LMRDA §501, and the Labor-Management Reporting and Disclosure Act exists specifically so members can see where their dues go. A financial secretary running the books on a spreadsheet is one turnover away from a reporting gap — and members, the international, and OLMS all read the filed report.
The hard part of the LM-2 is classification: every disbursement typed into the functional schedules — representational activities, political activities and lobbying, contributions and gifts, general overhead, and union administration. Miscategorize political spending and the report is wrong in the exact place everyone looks.
The obligations, in plain language.
The obligations below are set by the LMRDA and enforced by OLMS. OpenBooks maps receipts and disbursements to the LM schedules and drafts the report; your officers review and file. This is recordkeeping software, not legal advice, and it is non-partisan by construction.
| Requirement | Authority | What it means |
|---|---|---|
| File an annual financial report | DOL OLMS · LMRDA Title II | Every labor organization files an annual report; the form is set by total annual receipts. |
| LM-2 — larger organizations | Receipts ≥ $250,000 | A detailed report with functional disbursement schedules, filed electronically and made public. |
| LM-3 / LM-4 — smaller organizations | LM-3: $10K–$250K · LM-4: < $10K | Simplified and abbreviated annual reports for organizations under the LM-2 threshold. |
| Classify disbursements by function | LM-2 functional schedules (Sch. 15–20) | Disbursements classified as representational activities, political activities and lobbying, contributions and gifts, general overhead, and union administration. |
| Officer fiduciary duty | LMRDA §501 (29 U.S.C. §501) | Officers hold the organization’s money and property solely for the benefit of the membership. |
Connect once. Approve. Publish.
Connect the accounts once. The agent maps every dollar to its LM schedule, detects the right form as receipts change, and drafts the report for the officers.
Connect accounts
Dues, per-capita, and every disbursement imported as it clears.
Map to LM schedules
Each disbursement typed to its functional schedule — representational, political and lobbying, contributions, overhead, administration.
Right-form detection
Tracks annual receipts against the $10K and $250K thresholds so you file the correct LM form.
Officer approval workflow
The financial secretary, treasurer, and executive board approve. Draft-first, always.
LM report draft
An LM-2, LM-3, or LM-4 report generated from real activity for officer approval and OLMS filing.
Member verify page
A public, hash-chained feed members can recompute. Dues accountability by math.
Artifact produced: an LM-2 / LM-3 / LM-4 report draft with disbursements mapped to the functional schedules, plus a member-verifiable public ledger.
What “verify” looks like here.
Give members a URL where every dues dollar and every disbursement is chained with SHA-256. A member downloads the events and recomputes the head hash themselves. It is fiduciary accountability you can prove, not just promise.
Priced for unions.
Per local. Non-partisan by construction.
- ✓Connect accounts
- ✓Schedule mapping
- ✓LM-3 / LM-4 draft
- ✓Member verify page
- ✓Everything in Local
- ✓Full LM-2 functional schedules
- ✓Political / lobbying separation
- ✓Officer approval workflow
- ✓Everything in LM-2 Local
- ✓Multi-affiliate reporting
- ✓Per-capita reconciliation
- ✓Onboarding + migration support
Prices are introductory and per organization. Not legal or tax advice.
Unions — questions officers ask.
Which LM form do we file?+
It is set by annual receipts: LM-4 under $10,000, LM-3 from $10,000 to $250,000, LM-2 at $250,000 and up. We detect the threshold and draft to the right form.
Does it separate political spending?+
Yes. Political and lobbying disbursements are typed to their own schedule, kept distinct from representational spending.
Is it partisan?+
No. It is non-partisan by construction.
Who approves the report?+
Your officers — the financial secretary or treasurer and the executive board. Draft-first, officer-approved.
Can members see the books?+
Yes — a public verify page members can recompute themselves.
Does it file with OLMS?+
It drafts an LM-ready report. Your officers review and file. We do not file for you.
Is this legal advice?+
No. It is recordkeeping software. Your officers and counsel remain responsible.
What happens when we correct a mistake?+
Corrections are appended as new entries referencing the original by hash. Nothing is overwritten.
Bring unions into the open.
Draft-first, officer-approved, cryptographically verifiable. Non-partisan and non-sectarian by construction.