For unions and locals · Coming next
Books, filings, and reports for your union.
Coming next
OpenBooks keeps your local’s books current, compliant, and public — so members and the Department of Labor can see the dues went where the constitution says they should.
What OpenBooks will own for a local
- Dues, initiation fees, per-capita tax classified
- Disbursements coded by LM schedule
- Evidence gathered and attached
- Annual LM report drafted for officer review
The compliance and finance work every local already pays for.
Locals already pay for the treasurer’s hours, the outside accountant’s time, or a service that prepares the LM at year-end. OpenBooks becomes that specialist — between reports, not just at the deadline.
What the specialist does today
- Classify dues, initiation fees, and per-capita tax
- Code every disbursement to the right LM schedule
- Reconcile the general fund each month
- Chase and attach the supporting documentation
- Prepare the annual LM-2, LM-3, or LM-4
- Fix classification and posting mistakes
With OpenBooks
OpenBooks owns all of the above.
An officer of the union reviews, signs, and files.
What OpenBooks will own for a local.
The treasurer’s bookkeeping job, held by one teammate, across every reporting year. Drafted as the Ownership Contract before the wedge goes live.
Draft — not yet live.
- General-fund bookkeepingEvery entry classified and reconciled to the bank, in line with the LMRDA reporting shape.
- LM schedule classificationDisbursements coded to representational, political, contributions, general overhead, and union administration — traceable per entry.
- Evidence collectionBackup gathered and attached to each reported disbursement, ready for the officer signing the report.
- Annual LM draftThe LM-2, LM-3, or LM-4 assembled from the same underlying entries and handed to an officer for review and filing.
- Financial RecordOne current, verifiable record for the local — the byproduct of the classification being done right.
Where the work happens today. Unions are not the live wedge yet. The list above is the Ownership Contract we would sign; the concierge team holds the work at first while the software takes over more of each reporting year. Nothing here claims a form is filed automatically — an officer of the union reviews, signs, and files the LM report itself.
How OpenBooks will work a reporting year.
The four acts a treasurer runs, done between meetings rather than in the 90 days after fiscal year-end.
- Act 1 · ConnectPoint it at the localPoint OpenBooks at the general-fund account and the systems it touches. It maps them once and learns whether the local files LM-2, LM-3, or LM-4.
- Act 2 · ClassifyCode each entry to the LM scheduleBetween reports it codes dues, per-capita tax, salaries, and every disbursement to the LM schedule — with the reason recorded on each entry.
- Act 3 · DraftAssemble the LM reportAhead of the 90-day deadline it assembles the LM report from the record, checked against the LMRDA shape, and hands an officer exactly what needs review.
- Act 4 · ApproveAn officer signs and filesThe officer reviews, signs, and files through OLMS EFS. OpenBooks never files, never signs, and never moves money.
The Ownership Contract.
A specialist you can hand this to knows exactly where their job ends. So does this one.
OpenBooks owns
- General-fund bookkeeping
- LM schedule classification
- Evidence collection
- Annual LM draft
- Financial Record
OpenBooks does not own
- Signing the LM report
- Filing the LM report
- Legal judgment
- Moving money
The filings OpenBooks will prepare.
The reporting a US local actually faces. OpenBooks drafts the report from a verifiable record; an officer reviews, signs, and files with OLMS.
- US DOL — Office of Labor-Management Standards (OLMS)annual
Annual LM-2 / LM-3 / LM-4 financial report (LMRDA)
LM-2 at $250,000+ receipts; LM-3 under $250,000; LM-4 under $10,000. Due within 90 days after fiscal year-end, filed via the OLMS EFS.
DOL OLMS Form LM-2/LM-3/LM-4
Unions are the next wedge — get on the short list.
Locals are on the ownership roadmap after HOAs. Get on the list now and OpenBooks will start with the local whose fiscal-year cadence and reporting size are the tightest fit for the concierge team’s first-year load.