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 Massachusetts, a commercial co-venturer (CCV) is an individual or business, which for profit or other commercial consideration, advertises that an event or sale to the public of a good or service will benefit, to any extent, a charitable purpose is considered a commercial co-venturer.
Massachusetts requires commercial co-venturers to register before launching charitable sales promotions. A single registration covers all campaigns within the same calendar year, making it especially important to file early. The process also includes posting a $25,000 surety bond, reinforcing the state’s focus on financial accountability.
Massachusetts requires co-venturers to file a copy of each individual campaign contract, even if they’ve already registered for the year. This ensures the state can review the specific terms of each fundraising arrangement before the campaign begins.
Massachusetts emphasizes detailed financial accountability by requiring a separate year-end report for each charitable campaign. These reports allow the state to assess how funds were handled and ensure that charitable commitments were fulfilled. Timely submission is key to maintaining compliance across multiple campaigns.
To continue conducting charitable sales promotions in Massachusetts, co-venturers must renew their registration each calendar year. This annual filing keeps the state’s records current and reinforces long-term accountability for organizations engaged in repeated fundraising efforts.
Massachusetts enforces one of the more detailed CCV compliance frameworks, with distinct filing requirements for each campaign and annual renewals. The combination of contract disclosures, financial reporting, and a mandatory surety bond reflects the state’s strong emphasis on transparency and fiscal responsibility. Businesses planning multiple campaigns should build in time for tracking and submitting the necessary documentation. Staying organized ensures continued eligibility and avoids last-minute compliance issues.
