Skip to content Skip to main navigation Skip to footer

Non-Profit Exemptions

Real property that (1) is owned by a nonprofit corporation or association organized or conducted exclusively for one or more specific purposes (religious, educational, charitable, hospital, or moral or mental improvement of men, women, or children) and (2) is used exclusively for carrying out one or more of these purposes is wholly exempt from taxation and is exempt, for certain purposes, from special ad valorem levies and special assessments.

Ownership Requirements: Owner must be a corporation or association organized or conducted exclusively for one or more of the purposes listed in Property Use Requirements below. No officer, member, or employee of the owning organization may receive or be entitled to receive any pecuniary profit from the operations of the organization, except reasonable compensation for services in carrying out one or more of the purposes of the organization.

Property Use Requirements: Property must be used exclusively for one or more of the following purposes:

a.   religious
b.   educational
c.   charitable
d.   hospital
e.   moral or mental improvement of men, women, or children
https://www.tax.ny.gov/research/property/assess/manuals/vol4/pt2/sec4_05/sec420_a.htm

The owner must complete and file both applications each year by taxable status day. For first time applicants the applications must be accompanied by the organizations charter, by-laws, 501(C)(3), mission statement, articles of incorporation and IRS Form 990 or other recent financial statements.

Complete both A & B applications for first time and/or renewal.


Back to top