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501(c)(12) provides federal income tax exemption for benevolent life insurance associations of a purely local character, mutual ditch or irrigation companies,. Treasury rulings and court decisions, however, permitted these cooperatives to exclude patronage refunds from taxable income.Charities and are typically exempt from registration and reporting requirements with the Attorney General's Registry of Charitable Trusts. Complete address in this state of the cooperative's registered agent. "Cooperative interest" means an ownership interest in the association coupled with a possessory interest in a unit under a proprietary lease. Mortgage Association, or a private mortgage insurance company. To claim any of the above exemptions, nonresidents of New York. Mortgage Association, or a private mortgage insurance company. To claim any of the above exemptions, nonresidents of New York. How can I obtain a copy of the bylaws, tax exempt filings or other documents for a nonprofit organization?