Gessler drops fees for non-profits to $1
Colorado Secretary of State sent this bulletin at 09/11/2012 02:02 PM MDT
Having trouble viewing this email? View it as a Web page. 
Gessler drops fees for non-profits to $1
“Colorado has some of the lowest fees in the country”
Denver, Colo. – Today, Secretary of State Scott Gessler announced a fee reduction for non-profit entities, effective October 1, with non-profit fees reduced to $1 or less.
Non-profits who file for bingo and raffle licenses will see fees drop to $1. This includes manufacturer, supplier, and landlord licenses. Non-profit entities that solicit contributions in Colorado and file registration statements will also see fees drop to $1. This includes professional fundraising consultants and paid solicitors. Also, the fee for bingo-raffle quarterly reports will drop to $0. A complete list of fee reductions is below.
"Through efficiencies and consolidation, we can stretch the fees paid by Colorado's non-profits even further," Gessler said. "Non-profits play an important role in our economy and our communities. This move will keep more money in the community."
This announcement supplements prior fee reductions from last year. The Secretary of State's Office takes no state taxpayer dollars. Its operations are funded by filing fees from businesses and non-profits. Gessler intends to keep the lower fees through the remainder of the fiscal year, but will be reviewing the reduction on a quarterly basis. A one-year reduction would reduce revenue by an estimated $1.1 million. But Gessler says his office can absorb the reductions and continue to meet the department’s budget obligations while providing the top-notch services its customers have come to expect.
"Colorado has some of the lowest fees in the country, and we're continuing to keep those fees low by serving as good stewards of those dollars, while keeping our customer service high," Gessler said.
|
Fee |
Current fee |
New fee |
||
|
Bingo-Raffle License |
$100 |
$1 |
||
|
Games Manager Certificate |
$20 |
$1 |
||
|
Bingo-Raffle Manufacturer’s License |
$700 |
$1 |
||
|
Bingo-Raffle Manufacturer’s Agent License |
$200 |
$1 |
||
|
Bingo-Raffle Supplier’s License |
$700 |
$1 |
||
|
Bingo-Raffle Supplier’s Agent License |
$200 |
$1 |
||
|
Bingo Landlord License |
$1,000 |
$1 |
||
|
Application for new registration number (Charities) |
$10 |
$1 |
||
|
Amendment to registration statement (Charities) |
$10 |
$1 |
||
|
Annual Registration renewal (Charities) |
$10 |
$1 |
||
|
Application for new registration number (Professional fundraising consultants) |
$175 |
$1 |
||
|
Amendment to registration statement (Professional fundraising consultants) |
$25 |
$1 |
||
|
Annual registration renewal (Professional fundraising consultants) |
$175 |
$1 |
||
|
Application for new registration number (Paid solicitors) |
$175 |
$1 |
||
|
Amendment to registration statement (Paid solicitors) |
$25 |
$1 |
||
|
Annual registration renewal (Paid solicitors) |
$175 |
$1 |
||
|
Solicitation notice |
$75 |
$1 |
||
|
Charities Database, CD copy |
$50 |
$1 |
||
|
Bingo/Raffle Quarterly Report |
If total proceeds are less than $5,000, Fee = $0 If total proceeds are $5000 - $100,000, Fee = 0.5% of proceeds If total proceeds are more than $100,000, Fee = 0.6% of proceeds |
$0 |
||
|
Bingo Manufacturer Quarterly Report |
2% of all sales for quarter |
$0 |
||
|
Bingo Supplier Quarterly Report |
2% of all sales for quarter |
$0 |
||
