Form PFR 01 Illinois Attorney General Illinoisattorneygeneral
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People also ask
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How much does it cost to register a charity in Illinois?
$15.00 Annual Report Filing Fee - make check or money order payable to "ILLINOIS CHARITY BUREAU FUND." ( Soliciting Organizations registered under the Solicitation for Charity Act are required to pay a $15.00 Annual Report Filing Fee if gross revenues are greater than $15,000 or assets are greater than $25,000.
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Who is required to file an AG990-IL?
If the organization has more than $25,000 in gross revenue and assets, they must file Form AG990-IL with a copy of their IRS Return or Report (IRS 990, 990EZ, 990PD, etc.). Two individuals (the president or authorized officer and the treasurer or two trustees of the organization) must sign the AG990-IL.
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What is form AG990-il?
This is the annual report form to be filed by charitable organizations registered with the Illinois Attorney General's office. IFC Report of Individual Fund-Raising Campaign. This is an attachment to the AG990-IL form for charitable organizations that use the services of a professional fund raiser.
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Who regulates nonprofits in Illinois?
Under Illinois law, fundraisers and charitable organizations are required to register each year with the Attorney General's office.
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How do I register as a non profit in Illinois?
The Big Picture Follow the steps below to start a nonprofit organization in Illinois. Pick a name. The name must be unique. ... Appoint a registered agent. ... Choose your board of directors. ... State your charitable purpose. ... File your articles of incorporation. ... Create bylaws.
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How much does it cost to register a charity in Illinois?
$15.00 Annual Report Filing Fee - make check or money order payable to "ILLINOIS CHARITY BUREAU FUND." ( Soliciting Organizations registered under the Solicitation for Charity Act are required to pay a $15.00 Annual Report Filing Fee if gross revenues are greater than $15,000 or assets are greater than $25,000.
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How much is the filing fee for AG990-IL?
A $15 annual report filing fee is due only if gross contributions were more than $15,000. AG990-IL with all required signatures, disclosing only total revenue, total expenditures, and assets at the fiscal year end (Line A, G and O of the AG990- IL). A $15 annual report filing fee is not due.
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Who is eligible for a nonprofit board in Illinois?
Board of Directors: There must be at least three (3) directors on the board. Board members do not need to be residents of the State of Illinois. The board runs the organization, and no individual can receive any profits from organization revenues.
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What are the filing requirements for AG990-IL?
If the organization has more than $25,000 in gross revenue and assets, they must file Form AG990-IL with a copy of their IRS Return or Report (IRS 990, 990EZ, 990PD, etc.). Two individuals (the president or authorized officer and the treasurer or two trustees of the organization) must sign the AG990-IL.
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What is the difference between the Illinois Charitable Trust Act and the Illinois Solicitation for Charity Act?
The text of these two statutes is available on the Illinois Attorney General's Web site. The Charitable Trust Act applies to all trustees that hold property in excess of $4,000 for charitable purposes. The Solicitation of Charity Act governs the solicitation and collection of charitable funds in Illinois.
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What is form AG990-il?
Revised 01/19. FORM AG990-IL FILING INSTRUCTIONS. ATTORNEY GENERAL. A COMPLETE ANNUAL FINANCIAL REPORT (AG990-IL with all required attachments and applicable fees) is due within six months. after the organization's fiscal year end.
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