Form Rcg 25 – Fill Out and Use This PDF

The RCG-25 form, required by the Illinois Department of Revenue, is a detailed report used by organizations holding a charitable games license to account for the funds earned and expended through charitable gaming activities. This form ensures transparency and accountability, requiring organizations to meticulously document gross proceeds, payouts to players, and all expenditures from the charitable games checking account. Filling out the RCG-25 form accurately is critical for compliance and maintaining good standing with regulatory authorities. To complete your form correctly, click the button below.

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Form Rcg 25 PDF Details

For organizations holding charitable games licenses in Illinois, understanding and accurately completing the RCG-25 form is essential. This document, mandated by the Illinois Department of Revenue, serves as a thorough report detailing the expenditure of funds earned through charitable gaming activities. Organizations must first identify themselves by providing basic information such as the organization's name, address, charitable games license number, and the specific reporting period. The form requires a breakdown of the gross proceeds from the charitable games, the cash returned to players, net proceeds, and other deposits into the charitable games checking account. Additionally, it calls for the reporting of the balance at the start and end of the period, ensuring that organizations track the flow of funds accurately. A significant portion of the form is dedicated to detailing each expenditure from the charitable games checking account, including checks written and any other charges to the account, specifying the amount, recipient, and purpose. This level of detail ensures transparency and accountability in the handling of funds raised from charitable gaming. Filing the form annually is not just about compliance but adhering to the principles of transparency and responsible management of funds that support charitable causes. With instructions provided for step-by-step completion and information on where and when to file, the form is designed to assist organizations in navigating the process efficiently while meeting regulatory requirements.

Question	Answer
Form Name	Form Rcg 25
Form Length	3 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	45 sec
Other names	RCG 25 il form rcg 25

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1 $_____________________

2 $_____________________

3 $_____________________

4 $_____________________

5 $_____________________

6 $_____________________

Illinois Department of Revenue

RCG-25 Expenditure of Funds Earned Through Charitable Games

Step 1: Identify your organization

1	Organization’s name ____________________________________			3	Charitable games license number	CG - ____________________
2	Address	_____________________________________________		4	Period covered by report ___/___/_____ through ___/___/____
		Number and street			Month Day	Year	Month Day Year
	____________________________________________________
	City	State	ZIP

Step 2: Figure your expenditure of funds

1 Gross proceeds from charitable games during the report period 2 Cash returned to players during the report period

3 Subtract Line 2 from Line 1. This is the amount deposited in your charitable games checking account. 4 Other deposits made in your charitable games checking account during the report period

5 Balance in your charitable games checking account at the start of the report period 6 Add Lines 3, 4, and 5.

7Total amount of all checks written on your charitable games checking account and all other charges

	to the account during the report period. This total should equal the total amount in Step 3, Item 1.			7	$_____________________
8	Subtract Line 7 from Line 6.			8	$_____________________
9	Balance in your charitable games checking account at the end of the report period			9	$_____________________
10	Are the amounts on Lines 8 and 9 the same?	_____ yes	_____ no
	If “no,” give an explanation below.

___________________________________________________________________________________________________________

Step 3: Tell us about your charitable games checking account

1Write the number of each check written on your charitable games checking account during the period covered by this report, the amount of the check, the person or organization to whom the check was made payable, and the purpose for the expenditure. Also list and explain any other charges to the charitable games checking account.

Check no.	Check amount	Person or organization	Purpose
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
Subtotal
for Page 1	______________

Please open to Page 2 and continue completing Steps 3 and 4.

RCG-25 (R-2/02)

This form is authorized as outlined by the Charitable Games Act. Disclosure of this information is REQUIRED. Failure to provide information

could result in this form not being processed. This form has been approved by the Forms Management Center.

IL-492-2105

Page 1 of 3

			CG - ____________
Step 3: Tell us about your charitable games checking account (continued)
1 Check no.	Check amount	Person or organization	Purpose
Subtotal
for Page 1	______________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
_________	______________	__________________________________________________	____________________________
Grand total	______________

2Write the name and address of the financial institution where your charitable games checking account is kept and your account number.

_____________________________	___________________________________________________________				_______________
Name of financial institution	Street address	City	State	ZIP	Account number

3Write the names and addresses of all individuals who are authorized to make expenditures from your charitable games checking account.

_____________________________	____________________________________________________________________________
Name	Street address	City	State	ZIP
_____________________________	____________________________________________________________________________
Name	Street address	City	State	ZIP

Step 4: Sign below

Under penalties of perjury, I state that I have examined this form and, to the best of my knowledge, it is true, correct, and complete. I also state that the information is taken from the books and records of the organization for which this form is filed.

________________________________________________________________________________________________________________

Presiding officer’s signature

Title

Date

Page 2 of 3

RCG-25 (R-2/02)

Illinois Department of Revenue

Form RCG-25 Instructions

General Information

Who must file Form RCG-25?

You must file Form RCG-25 if you have a charitable games license issued by the Illinois Department of Revenue.

When should I file Form RCG-25?

You must complete Form RCG-25 each year when you renew your charitable games license. Form RCG-25 is due 30 days prior to the first event you request on your renewal Form RCG-1, Charitable Games Application for License.

Where do I file this form?

Mail your completed Form RCG-25 to:

OFFICE OF BINGO AND CHARITABLE GAMES

ILLINOIS DEPARTMENT OF REVENUE

PO BOX 19480

SPRINGFIELD IL 62794-9480

What if I have questions?

If you have questions, please write us or call our Springfield office weekdays between 8:00 a.m. and 4:30 p.m. Our address and telephone number are below.

OFFICE OF BINGO AND CHARITABLE GAMES

ILLINOIS DEPARTMENT OF REVENUE

PO BOX 19480

SPRINGFIELD IL 62794-9480

217 524-4164

Step-by-Step Instructions

Step 1: Identify your organization

Item 1 - Write the name of your organization.

Item 2 - Write your organization’s address.

Item 3 - Write your charitable games license number.

Item 4 - Write the period for which you are filing this report. The period must begin with the effective date of your license if you are a new licensee, or the date when last year’s report left off if you are a licensee whose license has been renewed. The period should end as close to the expiration date of your license as possible.

Line 2 - If the players at your charitable games events were able to exchange their chips for cash, write the amount of cash you paid out to redeem chips.

Line 3 - Subtract Line 2 from Line 1. This amount is your net pro- ceeds. The entire amount must be deposited in your charitable games checking account.

Line 4 - Write the total amount, other than charitable games gross proceeds, deposited in your charitable games checking account. Include any interest earned on the account and any other deposits, regardless of the source.

Line 5 - Write the total amount in your charitable games checking account at the beginning date of this report (the first date you wrote in Step 1, Item 4).

Line 6 - Add Lines 3, 4, and 5.

Line 7 - Write the total amount of all checks written on your charitable games checking account and all other charges to the checking account (e.g., cost of printing checks). This total should equal the total amount in Step 3, Item 1.

Line 8 - Subtract Line 7 from Line 6.

Line 9 - Write the total amount in your charitable games checking account at the ending date of this report (the second date you wrote in Step 1, Item 4).

Step 3: Tell us about your charitable games checking account

Line 1 - Write the number of each check written on your charitable games checking account during the period covered by this report, the amount of the check, the person or organization to whom the check was made payable, and the purpose for the expenditure. Also list and explain any other changes to the charitable games checking account.

If you have written more checks than there are spaces allowed on Page 1, add the check amounts for Page 1 and write the total next to “Subtotal for Page 1.” Then copy this total to Page 2, “Subtotal for Page 1.” Continue to complete the necessary information on Page 2.

Step 4: Sign below

This report must be signed by an authorized member of the organi- zation.

Step 2: Figure your expenditure of funds

Line 1 - Write the gross proceeds from charitable games conducted during the report period.

Gross proceeds is the amount you took in from the sale of chips, scrip, or play money, plus any fee or donation for admission or entry into your charitable games events. Gross proceeds is also the amount upon which you paid the 3 percent charitable games tax.

RCG-25 (R-2/02)

Page 3 of 3

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Form Rcg 25 writing process detailed (stage 1)

2. Now that the last array of fields is completed, you need to put in the necessary details in If no give an explanation below, Step Tell us about your, Write the number of each check, of the check the person or, Check no, Check amount, Person or organization, and Purpose so that you can progress to the 3rd part.

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Name of financial institution, Write the name and address of the, and City in Form Rcg 25

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Form Rcg 25 – Fill Out and Use This PDF

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