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."....<~ I I II I I II I II II I I ! I I ! I I , II I! II I i ,1 I i I I I I I I I ,I ,I I II r I Ii Subd. 2. Checkinq of Records. Gross receipts shall be compa ed to the checker's records for the bingo occasion by a person who did not sell cards for the bingo occasion.. If a discrepa cy exceeding $20 is found between the amount of gross receipts for a bingo occasion as determined by the checker's records, and the amount of gross receipts as determined by totaling the cash receipts, the discrepancy shall be reported to and investigated by the Council. Subd. 3. Binqo Account. Bingo and gross receipts shall be segregated from other revenues of an organization and placed in a separate account. Each organization shall maintain separate records of its bingo operations. The person who accounts for bingo gross receipts and profits shall not be the same person who accounts for other revenues of the licensed organization. SECTION 802:35. Reports. Subd. 1. Reports to Membership. Each licensed organization shall report monthly to its members its gross receipts from bingo and its profits from bingo and the distribution,of those profits. provided, however, that if said organization conducts only a single bingo occasion then said report shall be made within 30 days following the date of the bingo occasion. Subd. 2. Reports to the Council. At the time of making its first license application under this ordinance and on an annual basis thereafter, e~ch licensed organization shall fil with the City Clerk a copy.of the following: a. The most recently filed Department of the Treasury, Internal Revenue Service, "return of organization eXe1ppt from income tax" fonn 990, or a comparable form if the organization is required to file the form with the Department of Treasury, b. The most recently filed Department of the Treasury, Internal Revenue Service, "exempt organi;zation business income tax," form 990-T, or a comparable form if the organization is required to file a form with the Depart- ment of Treasury. c. The most recently filed annual report required of charita le organizations by MSA 309.53, provided that a,n organizatioJI that is licensed to conduct bingo but is exempt from submitting this report to the Department of Commerce unde MSA 309.53, Subd. la, shall nevertheless submit such a report under this subdivision. d. The most recently filed Minnesota Department of Commerce "statement of Bingo Operations."