Annual Financial Report form and instructions

Annual Financial Report form and instructions

Minnesota Gambling Control Board
1711 West County Road B, Suite 300 South
Roseville, Minnesota 55113
651-639-4000

The five forms of lawful gambling are
raffles, bingo, pull-tabs, tipboards, and paddlewheels.

Organization Annual Report
Required for all Licensed Organizations
by September 1, 2012.
To return to the Minnesota Gambling Control Board home page, click here.

What information do we need?

G1 Tax Returns for months of July 2011 through June 2012.

Schedule C for months of July 2011 through June 2012.

What form do we need?

Use the LG1014 Organization Annual Report form. To print the form and instructions, change your print setting properties to Landscape.

To print the form and complete it manually, click here.

Or, if you will complete the form using Excel software, click here.

To Complete:
Sign, make a file copy, and mail original by September 1, 2012 to:
Gambling Control Board
Suite 300 South
1711 West County Road B
Roseville, MN 55113

Questions on the form?
Call your compliance specialist at the Gambling Control Board.

What is the purpose of the Organization Annual Report (financial summary)?

All organizations are required to report to their members and the Gambling Control Board all gambling receipts and expenditures, including a breakdown of all lawful purpose donations, the percent of annual gross profits used for charitable contributions, and the percent used for taxes and fees, according to Minnesota Statutes 349.19, Subd. 5

The Gambling Control Board is required to report to the Governor and Legislature an annual financial summary for each licensed organization, according to Minnesota Statutes 349.151, Subd. 4(a)(9) .
The Department of Revenue does not capture all the information required, so the LG1014 Organization Annual Report form is used to collect the information for the report that is presented to the Governor and Legislature each January.

To return to the Minnesota Gambling Control Board home, click here.

	Minnesota Gambling Control Board 1711 West County Road B, Suite 300 South Roseville, Minnesota 55113 651-639-4000 The five forms of lawful gambling are raffles, bingo, pull-tabs, tipboards, and paddlewheels.
Organization Annual Report Required for all Licensed Organizations by September 1, 2012. To return to the Minnesota Gambling Control Board home page, click here.
What information do we need? G1 Tax Returns for months of July 2011 through June 2012. Schedule C for months of July 2011 through June 2012. What form do we need? Use the LG1014 Organization Annual Report form. To print the form and instructions, change your print setting properties to Landscape. To print the form and complete it manually, click here. Or, if you will complete the form using Excel software, click here. To Complete: Sign, make a file copy, and mail original by September 1, 2012 to: Gambling Control Board Suite 300 South 1711 West County Road B Roseville, MN 55113 Questions on the form? Call your compliance specialist at the Gambling Control Board. What is the purpose of the Organization Annual Report (financial summary)? All organizations are required to report to their members and the Gambling Control Board all gambling receipts and expenditures, including a breakdown of all lawful purpose donations, the percent of annual gross profits used for charitable contributions, and the percent used for taxes and fees, according to Minnesota Statutes 349.19, Subd. 5 The Gambling Control Board is required to report to the Governor and Legislature an annual financial summary for each licensed organization, according to Minnesota Statutes 349.151, Subd. 4(a)(9) . The Department of Revenue does not capture all the information required, so the LG1014 Organization Annual Report form is used to collect the information for the report that is presented to the Governor and Legislature each January.
To return to the Minnesota Gambling Control Board home, click here.