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Get Know Your Rights On Not-for-profit Property Tax Exemptions

NFP Exemption from Real Estate Taxation for Property Owned by NonProfit Organizations ELIGIBILITY REQUIREMENTS AND INSTRUCTIONS These guidelines below are to help you determine if your nonprofit organization.

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How to fill out the Know Your Rights On Not-for-Profit Property Tax Exemptions online

This guide provides clear, step-by-step instructions on how to complete the Know Your Rights On Not-for-Profit Property Tax Exemptions form online. By following these guidelines, users can ensure they properly fill out the information required for their property tax exemption application.

Follow the steps to successfully complete your application.

  1. Click ‘Get Form’ button to obtain the form and open it in your editing platform.
  2. Begin filling out Section 1, Property Information. Provide details such as borough, block, lot number, and property address. If the application is for multiple lots, indicate how many and list additional blocks and lots as necessary.
  3. In Section 2, Owner Information, include the owner's name, federal employer identification number, date of acquisition as shown on the deed, mailing address, contact telephone, and email. Indicate if the mailing address is the same as the property address.
  4. Proceed to Section 3, Organizational Purpose. Check all applicable purposes from the provided list and briefly describe the specific activities related to each checked purpose.
  5. In Section 4, Federal Income Tax Status of Organization, indicate whether the owner is exempt from federal income tax, providing required documentation if applicable.
  6. Complete Sections 5 and 6 if the property has a building; otherwise, go to Sections 5 and 7 if the lot is vacant. Include information regarding the property's use, detailing the types of activities conducted and any occupancy by other individuals or organizations.
  7. Fill out the affidavit at the end of the form, ensuring it is signed and notarized.
  8. Review your application and attached documentation for completeness. Verify that all eligibility requirements and instructions are met before submitting.
  9. Email your completed application to notforprofit@finance.nyc.gov or mail it to the specified address listed in the instructions.

Begin completing your application for the NFP property tax exemption online today.

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To receive a property tax exemption, the property's title must be in the name of a nonprofit organization. The applicant organization must be the owner, and the property must be used for an exempt purpose. The types of properties which may be eligible include properties that: are used for religious services.

Organizations organized and operated exclusively for religious, charitable, scientific, testing for public safety, literary, educational, or other specified purposes and that meet certain other requirements are tax exempt under Internal Revenue Code Section 501(c)(3).

Some properties, such as those owned by religious organizations or governments are completely exempt from paying property taxes. Others are partially exempt, such as veterans who qualify for an exemption on part of their homes, and homeowners who are eligible for the School Tax Relief (STAR) program.

Please note: Being organized and operated as a not-for-profit organization does not, by itself, qualify an organization as a sales tax exempt organization. Religious, charitable, educational, and other organizations must apply to the Tax Department to obtain sales tax exempt status.

Every state exempts some or all of the properties owned by charitable nonprofits from property taxes. However, despite a lack of legal authority to do so, some municipalities attempt to impose discriminatory taxes or fees on nonprofits, or demand so-called “voluntary” payments in lieu of taxes (PILOTs).

To qualify for an exemption that begins on July 1, you must be 65 or older by the following December 31. If you co-own your property with a spouse or sibling, only one of you needs to be 65 or older.

Common property tax exemptions STAR (School Tax Relief) exemption. Senior citizens exemption. Veterans exemption. Exemption for persons with disabilities. Exemptions for agricultural properties.

To receive a property tax exemption, the property's title must be in the name of a nonprofit organization. The applicant organization must be the owner, and the property must be used for an exempt purpose. The types of properties which may be eligible include properties that: are used for religious services.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232