A. A class A license may be issued to a person for the conduct of bingo games for which the gross receipts do not exceed $75,000 per year. A class A license shall not be issued to a person who holds a license issued pursuant to title 4 except a club license issued pursuant to section 4-205. For a class A license:

1. 1. Any person may apply as prescribed in this article.
2. 2. The manager, proceeds coordinator, supervisor and assistant are not required to be members or new members.
3. 3. The reporting period is one year, coinciding with the term of the license.

B. A class B license may be issued to a qualified organization for the conduct of bingo games for which the gross receipts do not exceed $500,000 per year. For a class B license:

1. 1. Only a qualified organization may apply.
2. 2. The manager and supervisor shall be members of the licensee.
3. 3. The proceeds coordinator shall be an officer or director and a member of the licensee and is responsible for completion of the required financial report.
4. 4. An assistant shall be a member or new member of the licensee.
5. 5. There are four reporting periods coinciding with the quarters of the term of the license.

C. A class C license may be issued to a qualified organization for the conduct of bingo games for which the gross receipts exceed $500,000 per year. For a class C license:

1. 1. Only a qualified organization may apply.
2. 2. The manager and supervisor shall be members of the licensee.
3. 3. The proceeds coordinator shall be an officer or director and a member of the licensee and is responsible for completion of the required financial report.
4. 4. An assistant shall be a member or new member of the licensee.
5. 5. There are twelve reporting periods coinciding with each month of the term of the license.