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LITTLE CANADA CHARITY PLUS, INC. <br />PROCEDURES OF RECEIPTS & EXPENDITURES <br />Gross Receipts from lawful gambling are separated by each <br />site and by the type of receipt and are reported to the Member- <br />ship of this organization at its regular monthly meeting. <br />Gambling proceeds are completely separate from other revenues of <br />the organization. (MS 349.19) <br />Deposit Records detail the type of receipt (bingo, deal or <br />game), site, license number, and date. Deposits are made within <br />3 days of completion of the game. A Deposit Register is main- <br />tained for each site and are verified at the end of each month <br />against the bank statement and the Monthly Tax Reports. The <br />reconciled bank statements, Monthly Tax Reports and Deposit <br />Registers are reported to the Membership and are recorded in the <br />minutes of the regular Monthly Membership Meeting of this <br />organization. <br />Checks from Gross Profit from lawful gambling require two <br />(2) signatures. All expenditures from Gross Profit from lawful <br />gambling are reported to and authorized by the Membership of <br />this organization at its regular monthly meeting and are recorded <br />in the minutes itemized as to date, check #, payee, purpose, and <br />amount. <br />Page 68 <br />