Each association formed under this chapter shall prepare and make out an annual report on forms to be furnished by the commissioner of commerce and insurance, containing:

(1) The name of the association;
(2) Its principal place of business;
(3) A general statement of its business operations during the fiscal year, showing the number of members, amount of membership fees received, and the amount of prescribed protective fees received;
(4) The total expenses of operations;
(5) The amount of its indebtedness or liability;
(6) Its balance sheets; and
(7) Such other information as may be required by the commissioner.