Non-Profits Have New Due Dates for Filings and Renewal Fees

May 20, 2014

On April 9, 2014, the Wisconsin Department of Financial Institutions (DFI) issued a letter to charitable organizations explaining some significant changes to procedures. The registration and renewal process for soliciting charitable contributions in the state and the filing due dates for tax forms have been changed. An automatic revocation policy has also been put in place for organizations that fail to comply.

Annual renewal

  • If you are registered to solicit charitable contributions in Wisconsin, you now must renew with the DFI by August 1 of each year.
  • Your annual renewal fee of $54 will be due at that time regardless of your year end.

If you make your payment late (between August 2 through September 30), you will owe an additional $25 late fee. If you fail to renew by September 30, your license to solicit in the state will expire.

The new online registration system can be found on the DFI website. The state expects to have this fully operational by June 1.

New due date for forms

DFI has extended the filing due dates for Forms 1952, 308, and 1943 to nine months after the organization’s fiscal year end. If you do not meet this requirement, your license to solicit contributions will be automatically revoked and your organization will be forced to reapply. 

The Form 1952 does require the attachment of a completed Form 990 or 990-EZ. If you are not able to provide your Form 990, you will need to file the more cumbersome Form 308 to satisfy the requirement.

Contact a member of our Not-For-Profit team with questions.