§ 131.39 REPORTS.

   (A)   Each licensed organization shall report monthly to its membership its gross receipts from bingo, its profits from bingo, and the distribution of those profits itemized as required by § 131.38.

   (B)   At the time of making its first license application under this subchapter and on an annual basis thereafter, each licensed organization shall file with the City Council copies of the following:

      (1)   The most recently filed Department of the Treasury, Internal Revenue Service, Return of Organization Exempt from Income Tax, Form 990, or a comparable form if the organization is required to file the form with the Department of the Treasury;

      (2)   The most recently filed Department of the Treasury, Internal Revenue Service, Exempt Organization Business Income Tax, Form 990-T, or a comparable form if the organization is required to file the form with the Department of the Treasury;

      (3)   The most recently filed annual report required of charitable organizations by M.S. § 309.53, as it may be amended from time to time, provided that an organization that is licensed to conduct bingo but is exempt from submitting this report to the Department of Commerce under M.S. § 309.53, subd. Ia, as it may be amended from time to time, shall nevertheless submit such a report under this subdivision;

      (4)   The most recently filed state’s Department of Commerce Statement of Bingo Operations. All information contained in the statement shall be true, correct, and complete to the best of the knowledge of the persons signing the statement; and

      (5)   Any lease agreements required by this act executed by the organization in regard to premises leased for the conduct of bingo.

   (C)   No person shall knowingly make a false statement in any report required by this section.

(Prior Code, § 3-8-10) Penalty, see § 131.99

§ 131.40 INSPECTION AND INVESTIGATION.

   Any city official or employee having a duty to perform with reference to a bingo license and any police officer may inspect and examine the bingo records of any licensed organization upon 24 hours’ notice.

(Prior Code, § 3-8-11)

§ 131.41 USE OF BINGO RECEIPTS.

   No expense shall be incurred or amounts paid in connection with the conduct of bingo except those reasonably expended for bingo supplies and equipment, prizes, rent, or utilities used during the bingo occasion, bingo license fees, and compensation to persons lawfully hired to conduct or assist in conducting a bingo occasion.

(Prior Code, § 3-8-12)

§ 131.42 USE OF BINGO PROFITS.

   (A)   Profits from any bingo occasion shall be expended only as authorized by a resolution recorded in the official minutes at a regular meeting of the licensed organization and only for one or more of the following purposes:

      (1)   Benefitting persons by enhancing their opportunity for religious or education advancement, by relieving or protecting them from disease, suffering, or distress, by contributing to their physical well being, by assisting them in establishing themselves in life as worthy and useful citizens, or by increasing their comprehension of and devotion to the principles upon which this nation was founded;

      (2)   Initiating, performing, or fostering worthy public works or enabling or furthering the erection or maintenance of public structures;

      (3)   Lessening the burdens borne by government or voluntarily supporting, augmenting, or supplementing services which government would normally render to the people; or

      (4)   The improving, expanding, maintaining, or repairing of real property owned or leased by the licensed organization.

   (B)   Profits from bingo occasions shall not be expended for the erection or acquisition of any real property unless the City Council specifically authorizes the expenditures after finding that the property will be used exclusively for one or more of the purposes specified in this section.

(Prior Code, § 3-8-13)