Note: These requirements apply to the company running a charitable sales promotion with a nonprofit partner. Nonprofits may have separate compliance obligations not covered here.
In Alabama, a commercial co-venturer is any business that conducts a sale, performance, or event for profit or other consideration, which will benefit a charitable or religious organization.
Alabama takes a formal approach to regulating CCVs, requiring businesses to establish credibility with the state before launching any charitable promotions. This step ensures transparency and accountability from the outset of the campaign.
To safeguard the integrity of charitable promotions, Alabama requires co-venturers to file each agreement with their partner nonprofit in advance. This step gives the state visibility into how the relationship is structured before any fundraising activity begins.
After a charitable campaign ends, Alabama requires co-venturers to disclose how much was raised and how funds were spent. This final report ensures accountability and helps prevent misuse of charitable appeals.
To remain in good standing, commercial co-venturers must renew their registration each year. This ongoing requirement helps the state maintain an up-to-date record of active charitable partnerships and ensure continued compliance.
Alabama’s CCV regulations are designed to promote transparency and protect charitable beneficiaries throughout the lifecycle of a campaign. With requirements spanning registration, contract disclosure, and financial reporting, businesses should plan ahead to meet all deadlines. The additional surety bond requirement reinforces the state’s commitment to public trust. Staying compliant ensures campaigns can run smoothly and lawfully.
