N.Y. Comp. Codes R. & Regs. tit. 19 § 146.5

Current through Register Vol. 46, No. 45, November 2, 2024

Section 146.5 - Financial Disclosure Report

(a) A qualifying 501(c)(4) entity shall file, along with the entity's Financial Disclosure Report, as required by section 172-f of the Executive Law, any applicable statement of the qualifying 501(c) (4) entity's mission, a narrative description of the qualifying 501(c)(4) entity's activities that is consistent with what was or would be provided to the Internal Revenue Service of the United Stated Department of the Treasury with a qualifying 501(c)(4) entity's application for recognition of exemption as a 501(c)(4), and all specific activities that were or would be provided with such application.

(b) If the qualifying 501(c)(4) entity filing a Financial Disclosure Report has reason to believe that public disclosure will cause disclosure-related harm, the qualifying 501(c)(4) entity may submit to the Department of State with the qualifying 501(c)(4)'s report a statement of relevant facts supporting such assertion. Such statement of relevant facts shall indicate whether disclosure-related harm would stem from public disclosure of all of the in-kind donations to the qualifying 501(c)(3) entity and financial assistance provided by any the qualifying 501(c)(3) entity to one or more the qualifying 501(c)(4) entities, or only to a portion thereof. A statement of relevant facts shall not be subject to publication or public disclosure. The qualifying 501(c)(4) entity providing such statement of relevant fact shall also provide the Department of State with an email address or other manner of receiving electronic notification of intent to publish, as provided in section 146.9 of this Part. It is the responsibility of the filing entity to provide the Department of State with any change to said email address or other approved point of contact.

(c) Certification. Each Financial Disclosure Report shall be signed by an officer, director or duly authorized person and include the name, address, and capacity in which such person signs such report.

(d) If a Financial Disclosure Report delivered to the Department of State for filing complies as to form with the requirements of law and the filing fee required by law for such report has been paid, the report shall be filed by the Department of State.

N.Y. Comp. Codes R. & Regs. Tit. 19 § 146.5

Adopted New York State Register November 24, 2021/Volume XLIII, Issue 47, eff. 11/24/2021