New Jersey § 45:17a-24

§ 45:17a-24.

a. Every charitable organization operating or soliciting within this State, except

for those provided for in section 8 of this act 1 or exempt pursuant to section 9 of this act, 2 shall file a long form registration statement with the Attorney General. b. The long form shall contain the following: (1) The name of the organization and any other name or names under which it intends

to solicit contributions and the purposes for which it was organized; (2) The name, street address and telephone number of each officer, director and trustee

and each principal salaried executive staff employee and whether the person has been

adjudged liable in an administrative or civil action, or convicted in a criminal action,

involving theft, fraud or deceptive business practices. For the purposes of this paragraph: (a) a plea of guilty, non vult, nolo contendere or any similar disposition of alleged

criminal activity shall be deemed a conviction; (b) “each principal salaried executive staff employee” shall be limited to no more

than the five most highly compensated employees in the organization; and (c) a judgment of liability in an administrative or civil action shall include, but

not be limited to, any finding or admission that the officer, director, trustee or

principal salaried executive staff employee engaged in an unlawful practice or practices

related to the solicitation of contributions or the administration of charitable assets,

regardless of whether that finding was made in the context of an injunction, a proceeding

resulting in the denial, suspension or revocation of an organization's registration,

consented to in an assurance of voluntary compliance or any similar order or legal

agreement with any state or federal agency. (3) A copy of the most recent Internal Revenue Service Form 990 and Schedule A (990)

for every registrant if the organization filed these forms; (4) A clear description of the specific programs and charitable purpose for which

contributions will be used and a statement whether such programs are planned or are

in existence; (5) A statement disclosing pertinent information concerning whether any of the organization's

officers, directors, trustees or principal salaried executive staff employees as defined

in subparagraph (b) of paragraph (2) of subsection b. of this section: (a) Are related by blood, marriage or adoption to each other or to any officers, agents

or employees of any fund raising counsel or independent paid fund raiser under contract

to the organization, or are related by blood, marriage or adoption to any chief executive

employee, any other employee of the organization with a direct financial interest

in the transaction, or any partner, proprietor, director, officer, trustee, or to

any shareholder of the organization with more than a two percent interest of any supplier

or vendor providing goods or services to the organization and, if so, the name and

business and home address and telephone number of each related party; or (b) Have a financial interest in any activity engaged in by a fund raising counsel

or independent paid fund raiser under contract to the organization or any supplier

or vendor providing goods or services to the organization and, if so, the name and

business address and telephone number of each interested party. (6) The amount of any grant or financial assistance from any agency of government

in its preceding fiscal year; (7) A statement setting forth the place where and the date when the organization was

legally established and the form of the organization; (8) The principal street address and telephone number of the organization and the

address and telephone number of each office in this State. If the organization does not maintain an office in this State, the name and address

of the individual having custody of its financial records pertaining to operations

or solicitations in this State shall be disclosed; (9) The name, street address and telephone number of each affiliate which shares in

the contributions or other revenue raised in this State; (10) The date when the organization's fiscal year ends; (11) A statement whether: (a) The organization is authorized by any other state to solicit contributions and,

if so, a listing of the states in which authorization has been obtained; (b) The organization is or has ever been enjoined in any jurisdiction from soliciting

contributions or has been found to have engaged in unlawful practices in the solicitation

of contributions or the administration of charitable assets; (c) The organization's registration has been denied, suspended or revoked by any jurisdiction,

together with the reasons for that denial, suspension or revocation; and (d) The organization has voluntarily entered into an assurance of voluntary compliance

agreement or any similar order or legal agreement with any jurisdiction or federal

agency or officer; (12) Whether the organization intends to solicit contributions from the general public;

and (13) Any other information as may be prescribed by rules adopted by the Attorney General. In prescribing the requirements of the long form, the Attorney General shall permit

a charitable organization to incorporate by reference any information reported by

the organization on its Service Form 990 and Schedule A (990). c. With initial registration only, every charitable organization required to file

a long form registration shall also file a copy of the organization's charter, articles

of organization, agreement of association, instrument of trust, constitution or other

organizational instrument and bylaws, and a statement setting forth the organization's

tax exempt status with copies of federal or state tax exemption determination or exemption

ruling letters; provided that any changes in the accuracy of this information shall

be reported to the Attorney General pursuant to subsection e. of section 14 of this

act. 3 d. (1) Every charitable organization required to file a long form registration shall

file an annual financial report with the Attorney General. The annual financial report shall include: a balance sheet; a statement of support

revenue, expenses and changes in fund balance; a statement of functional expenses

at least divided into program, management, general, and fund raising; and such other

information as the Attorney General shall by rule require. (2) The annual financial report of every charitable organization which received gross

revenue in excess of $1,000,000 in monetary donations , or any greater amount that the Attorney General may prescribe by regulation , during its most recently completed fiscal year shall be accompanied by: (a) a financial

statement prepared in accordance with generally accepted accounting principles or

other comprehensive basis of accounting approved for use by the Attorney General by

regulation which has been audited in accordance with generally accepted auditing standards

by an independent certified public accountant; and (b) any management letters prepared

by the auditor in connection with the audit commenting on the internal accounting

controls or management practices of the organization. The annual financial reports of all organizations receiving more than $25,000 but

less than $1,000,000 in monetary donations , or any greater amount that the Attorney General may prescribe by regulation , shall be certified by the organization's president or other authorized officer of

the organization's governing board and at the request of the Attorney General, the

organization shall submit: (a) a financial statement prepared in accordance with

generally accepted accounting principles or other comprehensive basis of accounting

approved for use by the Attorney General by regulation which has been audited in accordance

with generally accepted auditing standards by an independent certified public accountant;

and (b) any management letters prepared by the auditor in connection with the audit

commenting on the internal accounting controls or management practices of the organization. Notwithstanding any other provision of law to the contrary, non-monetary donations

in the form of in-kind contributions directly related to any stated purpose or mission

of the charitable organization, including food for food pantries or food banks, supplies

for shelters, and such other forms of in-kind contributions as may be permitted by

the Attorney General, shall not constitute gross revenue with respect to the requirement

of an annual financial report with a financial statement audited by an independent

certified public accountant under this subsection. In addition to any other requirement under this subsection, annual financial reports

and statements shall include a summary of all non-monetary in-kind contributions and

the value attributed to those contributions. (3) The Attorney General may accept a copy of a current financial report previously

prepared by a charitable organization for another state agency or officer in compliance

with the laws of that state, provided that the report filed with the other state agency

or officer shall be substantially similar in content to the report required by this

subsection. (4) An independent member agency of a federated fund raising organization shall independently

comply with the provisions of this subsection. e. In order to register its qualified local units pursuant to subsection d. of section

9 of this act, a parent organization registered pursuant to this section shall include

with its initial registration and annual renewal statement a separate statement that

provides the following: (1) The name, principal street address, and phone number of all local units within

this State that it is registering; (2) The amount of gross contributions received by each such unit and the purpose or

purposes for which these funds were raised in the preceding fiscal year; and (3) A statement asserting that each such local unit has provided the parent organization

with a written statement reporting the information included on its behalf and asserting

that the local unit meets all of the requirements of subsection d. of section 9 of

this act. f. Any management letters prepared by the auditor in connection with the audit commenting

on the internal accounting controls or management practices of the organization submitted

pursuant to paragraph (2) of subsection d. of this section shall not be considered

a public record under P.L.1963, c. 73 ( C.47:1A-1 et seq. ) or P.L.2001, c. 404 ( C.47:1A-5 et al.), shall not be made available for public inspection nor used for a purpose

inconsistent with P.L.1994, c. 16 ( C.45:17A-18 et seq. ), and shall be removed from the record in the custody of the Attorney General at

such time that such information is no longer necessary for the enforcement of that

act. The records required pursuant to this section shall be maintained for a period of

at least three years after the end of the period of time to which they relate. 1

N.J.S.A. § 45:17A-25. 2

N.J.S.A. § 45:17A-26. 3

N.J.S.A. § 45:17A-31.