Co1 2019-2025 Form

What is the Charitable Organization Registration Statement Form CO 1

The Charitable Organization Registration Statement Form CO 1 is a required document for organizations seeking to solicit charitable contributions in the state of Illinois. This form serves as a declaration of the organization’s purpose, structure, and financial accountability. It is essential for ensuring compliance with state regulations governing charitable organizations. By filing this form, organizations demonstrate their commitment to transparency and ethical fundraising practices.

Steps to Complete the Charitable Organization Registration Statement Form CO 1

Completing the Charitable Organization Registration Statement Form CO 1 involves several key steps:

• Gather necessary information about the organization, including its name, address, and mission statement.
• Provide details regarding the organization’s governing body, including the names and addresses of board members.
• Include financial information, such as the organization’s budget and sources of funding.
• Review the form for accuracy and completeness before submission.

How to Obtain the Charitable Organization Registration Statement Form CO 1

The Charitable Organization Registration Statement Form CO 1 can be obtained through the official website of the Illinois Attorney General’s office. It is available as a downloadable PDF, which can be printed and filled out manually. Alternatively, organizations may also request a physical copy by contacting the office directly. Ensuring that you have the most current version of the form is important for compliance.

Legal Use of the Charitable Organization Registration Statement Form CO 1

Legally, the Charitable Organization Registration Statement Form CO 1 is crucial for organizations that wish to operate as charitable entities in Illinois. Filing this form not only fulfills state requirements but also helps protect the organization from potential legal issues related to fundraising. Compliance with the regulations outlined in the form can prevent penalties and ensure that the organization maintains its good standing with state authorities.

Key Elements of the Charitable Organization Registration Statement Form CO 1

The Charitable Organization Registration Statement Form CO 1 includes several key elements that organizations must address:

• Organization name and contact information
• Mission statement and purpose
• Details of the governing board
• Financial information, including projected budgets
• Disclosure of any affiliations with other organizations

Filing Deadlines / Important Dates

Organizations must be aware of the filing deadlines associated with the Charitable Organization Registration Statement Form CO 1. Typically, the form should be submitted annually, with specific deadlines varying based on the organization’s fiscal year. Staying informed about these dates is essential to avoid late fees and ensure continuous compliance with state regulations.