Occasionally, the UAW makes changes to the way it reports its finances. I’ll try to make notes of them, at least the ones I see, here.
In 2024, the UAW reported 140 named Temporary Organizers in Schedule 12 of the LM2. Previously, Temporary Organizers were paid through their locals and not in the Schedule 12. So they might have shown up as “T/O ABC” (with ABC being the initials of the person) or “REIMB FOR TEMPORARY ORGANIZER” or something like that, in Schedule 15 of the LM2, Representational Activities. In 2025, there were two unions for Temporary Organizers, the Staff Union and USU. so in the Temporary Organizer job title, it might follow with Staff or USU (I did notice a difference in pay of about $13.5K, what’s that about?). And just another note of interest, in Schedule 12, Disbursements to Employees, an employee is listed and named only if their pay that year was $10,000 or more. If they are paid less than $10,000 that year, the money is lumped together with all other employees making less than $10,000 into a “Totals Received by Employees Making $10,000 or Less” category at the very end of Schedule 12. But in Schedule 15, Representational Activities, the threshold is only $5,000 to be reported as a line item.
In 2025, in Schedule 3, Sale of Investments, I saw $1.3B, and in Schedule 4, Purchase of Investments, I saw $1.4B in Purchase of Investments. This is way, way out of anything I had seen in years prior. I asked about this and was told that these numbers are not really interpretable now, but it is done exactly the way the government asks for when submitting LM2 reports. What they do is the UAW keeps some money in a cash checking account. At the end of the day, it “sweeps” that money into a money market fund so they can get a bit of interest on it. Then, the next day, they replenish the cash in the checking account so that checks don’t bounce. Apparently the reporting change was requested by the Monitor, so the UAW would be fully compliant with the LM2 regulations.