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What is a professional fundraiser in Illinois?

Professional fund raiser means any person who for compensation or other consideration, conducts, manages, or carries on any solicitation or fund raising drive or campaign in this State or from this State or on behalf of a charitable organization residing within this State for the purpose of soliciting, receiving, or

How much is the filing fee for AG990-IL?

The Solicitation for Charity Act and Charitable Trust Act require a $15.00 filing fee for each annual report due. There is an additional $100.00 late report fee for each late report due. (See instructions for AG990-IL.)

Who needs to file a 990 form?

Form 990, Return of Organization Exempt From Income Tax An organization must file Form 990, if it is: An organization with either: ► gross receipts of $200,000 or more, or ► total assets of $500,000 or more. A sponsoring organization of one or more donor-advised funds.

Who needs to file IL AG990?

As per Illinois state law, charitable organizations are required to complete their annual renewal to remain tax-compliant. The organization has to submit its annual information to the State of Illinois by filing Form AG990-IL along with copies of its federal Form 990 or 990-EZ or 990-PF.

Who is subject to the Illinois Charitable Trust Act?

This Act may be cited as Charitable Trust Act. Sec. 2. This Act applies to any and all trustees, as defined in Section 3 [760 ILCS 55/3], holding property of a value in excess of $4,000.