Illinois Administrative Code › Title 14 - COMMERCE › Part 480 - CHARITABLE TRUST ACT › Exhibit C - Annual Report and Instructions

Current through Register Vol. 48, No. 28, July 12, 2024
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Form AG990-IL INS
ILLINOIS CHARITABLE
						  ORGANIZATION
- FORM AG990-IL FILING
						  INSTRUCTIONS -
LISA MADIGAN
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. A REPORT WILL NOT BE CONSIDERED FILED UNLESS IT
				IS COMPLETE. A COMPLETE ANNUAL FINANCIAL REPORT must include the following
				items:
1.
$15 Annual
			 Filing Fee -
Make check or money order payable to "
ILLINOIS
			 CHARITY BUREAU FUND
."
An annual financial report submitted without
			 proper fees will not be considered filed.
*
Soliciting Organizations
are required to pay a
				$15 Annual Report Filing Fee if gross contributions are greater than $15,000 or
				assets are greater than $25,000.
*
Trust Organizations registered under the Charitable
				Trust Act only
are required to pay a $15 Annual Report Filing Fee if
				gross revenues or assets are greater than $25,000.
2.
Form AG990-IL
- Complete all
			 sections and line items applicable to the organization. See 6 below for
Simplified Filing Option for Small Organizations. An annual financial
			 report submitted with an incomplete Form AG990-IL will not be considered
			 filed.
A.
CO#:
Include CO#
			 on the Form AG990-IL. Correct any incorrect name or address information if
			 using preprinted form and highlight any corrections.
B.
SIGNATURES:
The Form AG990-IL
			 must be signed by
two
different officers (president or other
			 authorized officer and the chief fiscal officer) or by
two
trustees. One signature shall be accepted if there is only one trustee.
A
			 Form AG990-IL without required signatures is incomplete.
C.
Part I, Line D:
Report
			 "contributions" as defined by the Solicitation for Charity Act. The
			 Solicitation for Charity Act defines "contributions" to include the
gross
amounts of cash donations as well as
gross
sums
			 paid by the public for merchandise, special events, rights or services of the
			 organization.
A Form AG990-IL that fails to report "contributions" as
			 defined by the Solicitation for Charity Act is incomplete.
(A complete
			 definition of "contribution" under the Solicitation for Charity Act is shown on
			 the back of these instructions.)
D.
Part II, Line J1:
Report all program costs associated with a
			 combined fundraising appeal to the extent such was allocated to Charitable
			 Program Service Expense and entered on line J as Charitable Program Service
			 Expense. The amount should equal the amount reported on the back of the
			 AG990-IL form, question 7b(ii). You must have and maintain the documentation to
			 support the allocations made.
E.
Part III, Line S:
List all fees paid to all fundraising
			 consultants during the year. Attach a list of these consultants listing the
			 name and address of the consultant and the total of all fees paid to
			 each.
F.
Part V, Lines W, X,
			 Y Program Service Codes:
Select up to three codes from those on the back
			 of these instructions that best describe the program services for which the
			 organization spent funds.