Monday, June 18, 2012

Updating a Corporation Renewal With New Officers

When I filed our annual corporation renewal with the Washington Secretary of State’s office in February, I noticed that there was a  place to list the officers.  I updated the information then, but of course now our officers are changing—should I file another renewal? 

Yes.  The law requires that any nonprofit corporation file an annual report during the month of the anniversary of its incorporation.  That report is required regardless of whether anything has changed since the  preceding year’s report.  In addition, however, you should also update the annual report any time during the year that there’s a change in any of the required information, which includes a change in the officers.  The annual report can be filed online or you can download the form and file it by mail—either way there’s a $10.00 fee.  More information and a link to the applicable forms can be found on the Secretary of State’s website.