N.Y. NPC Law § 519

§ 519. Annual report of directors.\n (a) The board shall present at the annual meeting of members a report,\nverified by the president and treasurer or by a majority of the\ndirectors, or certified by an independent public or certified public\naccountant or a firm of such accountants selected by the board, showing\nin appropriate detail the following:\n (1) The assets and liabilities, including the trust funds, of the\ncorporation as of the end of a twelve month fiscal period terminating\nnot more than six months prior to said meeting.\n (2) The principal changes in assets and liabilities, including trust\nfunds, during said fiscal period.\n (3) The revenue or receipts of the corporation, both unrestricted and\nrestricted to particular purposes during said fiscal period.\n (4) The expenses or disbursements of the corporation, for both general\nand restricted purposes, during said fiscal period.\n (5) The number of members of the corporation as of the date of the\nreport, together with a statement of increase or decrease in such number\nduring said fiscal period, and a statement of the place where the names\nand places of residence of the current members may be found.\n (b) The annual report of directors shall be filed with the records of\nthe corporation and either a copy or an abstract thereof entered in the\nminutes of the proceedings of the annual meeting of members.\n (c) The board of a corporation having no members shall direct the\npresident and treasurer to present at the annual meeting of the board a\nreport in accordance with paragraph (a), but omitting the requirement of\nsubparagraph (5). This report shall be filed with the minutes of the\nannual meeting of the board.\n