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Annual Report to the Governor 2013 STATE OF ILLINOIS Pat Quinn Governor Andrew Boron Director of Insurance Table of Contents Directors of Insurance ........................................................................................................................................
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Who needs the annual report form?

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Companies: Annual report forms are typically required for companies, including both public and private entities. These forms serve as a means for companies to disclose their financial performance, compliance with regulations, and other significant information to stakeholders.
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Nonprofit Organizations: Many nonprofit organizations are also required to file annual reports. This helps demonstrate their financial accountability and transparency to donors, grant providers, and the general public.
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Government Agencies: Various governmental bodies may require annual report forms from businesses or organizations under their jurisdiction. These reports assist in monitoring compliance, financial integrity, and regulatory adherence.
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Investors and Shareholders: Annual reports provide valuable information to investors and shareholders, enabling them to assess the financial health and performance of a company. This information helps guide their investment decisions and understanding of the company's operations.
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Regulatory Authorities: Annual report forms are essential for regulatory authorities to ensure compliance with legal and financial regulations. These reports assist in monitoring and verifying the accuracy and completeness of financial information provided by businesses and organizations.

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Annual report form is a document filed annually by businesses to provide information about their financial performance and activities during the previous year.
All businesses, including corporations, limited liability companies, and partnerships, are required to file an annual report form.
You can fill out the annual report form online or by mail, providing details about your business's financials, ownership, and activities.
The purpose of the annual report form is to update state authorities with current information about the business's activities and financial status.
Information such as business name, address, ownership details, financial performance, and any changes in ownership or structure must be reported on the annual report form.
The deadline to file the annual report form in 2023 will be determined by the state where the business is registered. It is usually due by the anniversary of the business's formation date.
The penalty for the late filing of the annual report form varies by state but can include fines, loss of good standing, or even dissolution of the business entity.
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