Legal Question in Administrative Law in New Jersey
How long does a non-profit service organization (volunteer rescue squad) have to hold onto their meeting minutes?
Asked on 1/06/11, 5:13 pm
1 Answer from Attorneys
Robert Davies
The Davies Law Firm, P.A.
it depends on what is in the minutes. usually, you want to have them to show what the group did, so that IRS is satisfied. there are other reasons to hang onto the records.
no hard and simple rule. minimum seven years is often recommended. the charitable groups I am involved in try to keep the minutes permanently. one group has minutes back to 1991, I think.
If your group wants a lawyer's assistance, just call (yes, you can call me for free to talk about things).
Bob Davies, Attorney 201 820 3460
Answered on 1/12/11, 7:22 am