Colorado Secretary of State Drops Most Fees for Nonprofits to $1

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On Tuesday September 11, 2012,  Colorado Secretary of State Scott Gessler announced that, effective October 1,  most fees for nonprofits would be reduced to $1 or less through the remainder of the state fiscal year.   These reduced fee amounts will be reviewed quarterly thereafter.   These fee reductions apply to most filings related to charitable solicitations and for filings related to bingo-raffle licenses.   The reductions do not apply to fines for failing to complete required reports or for late filings.

While this change would reduce revenues for the Secretary of State’s office by $1.1 million over the course of a year,  the Secretary said that “Through efficiencies and consolidation, we can stretch the fees paid by Colorado’s non-profits even further.[…]Non-profits play an important role in our economy and our communities.  This move will keep more money in the community.”

Click here to view the entire list of reduced fees and the Secretary’s press release.