Exemption From Real Estate Taxation For Property Owned By Nonprofit Organizations

NFP Exemption from Real Estate Taxation for Property Owned by Non-Profit Organizations ELIGIBILITY REQUIREMENTS AND INSTRUCTIONS These guidelines below are to help you determine if your non-profit organization may be eligible for a property exemption. ­ Legal title for the parcel(s) for which exemption benefits are being sought must be in the name of the applicant organization. ­ The purpose(s) of the organization must be for one or more of the exemptible categories outlined in either Sections 420-a or 420-b, or a purpose set forth in 446, 452 and 462 of the New York State Real Property Tax Law {or two or more of those purposes} as follows: 420-a: Charitable, Educational, Hospital, Moral or Mental Improvement of Men, Women or Children or Religious 420-b: Benevolent, Bible, Enforcement of Law Relating to Children or Animals, Historical, Infirmary, Library, Literary, Missionary, Patriotic, Public Playground, Scientific, Supervised Youth Sportsmanship or Tract 446: 452: 462: Cemetery American Legion, Veterans of Foreign War Parsonage or Manse ­ The property for which an exemption is being sought must be used for the exemptible purposes of the organization. Portions of the property that have no exempt use and are not actively being contemplated for an exempt use, {or} as well as those portions leased to a commercial, non-exempt organization are not exemptible. ­ Unimproved land and/or vacant buildings may be eligible if supporting documentation of contemplated use or construction in progress is supplied. If an exemption is granted, then a new "Application for Exemption" must be filed once the construction/alteration is completed and property is being used for an exempt purpose. ­ A property may be eligible if all or a portion of the property is rented to a non-profit that qualifies in its own right, as long as the rent does not exceed the maintenance, depreciation and carrying costs of the property. ­ Properties transferred from a currently property tax-exempt non-profit organization to another qualifying non-profit organization will maintain continuous benefits. The new organization must submit an application in its own name immediately after the transfer. ­ If the submitted application is incomplete in any way, the applicant will be notified and given a short period of time to make any and all corrections. ­ In addition to this application, you may be required to supply additional information. In such cases, either the attorney, agent or the contact person will be notified. Is your non-profit organization's property eligible for an NFP property exemption? Please answer the following questions BEFORE you submit your application: Yes Yes Yes No No No Is your organization federally tax-exempt? Do you own the property (borough/block/lot(s)) this application is for? Is the property (borough/block/lot(s)) primarily used for an exempt purpose? If you have answered NO to all of these questions, DO NOT submit this application. NYC DEPARTMENT OF FINANCE | PROPERTY EXEMPTIONS ADMINISTRATION American LegalNet, Inc. www.FormsWorkFlow.com 8 /2016 NFP Exemption from Real Estate Taxation for Property Owned by Non-Profit Organizations You may be eligible for a partial exemption if you own the property and use the property primarily for an exempt purpose but: ­ Rent a portion to a nonprofit that qualifies for an exemption in its own right as long as the rent it pays does not exceed the maintenance, depreciation and carrying costs of the property. ­ Rent a portion to a commercial (for-profit) or unaffiliated tenant. The space that is rented is subject to real estate taxes. ­ Have vacant or unused space and no demonstrable plans to use the vacant/unused space. Vacant/unused space is subject to real estate taxes. BEFORE YOU SUBMIT YOUR APPLICATION, complete the items on the checklist below to ensure prompt processing. Incomplete applications will not be reviewed. Mail your completed application to: New York City Department of Finance Commercial Exemptions ­ NFP 59 Maiden Lane, 22nd Floor New York, NY 10038 Check off these tasks as you complete them to make sure you have completed all requirements. Complete Section 1 Property Information Complete Section 2 Owner Information Complete Section 3 Organizational Purpose Complete Section 4 Federal Income Tax Status of Organization Complete Sections 5­7 Property Use Complete Affidavit (sign and notarize) Attach Articles of Incorporation Attach by-laws Attach deed (if parcel is in Staten Island or not recorded in ACRIS) Attach a Certificate of Occupancy If you are leasing any part of the parcel to a not-for-profit, attach that organization's Articles and By-laws If leasing, attach the lease If applying for a parsonage, attach ordination document If applying for contemplated use, attach building plans/architect's drawing or Department of Buildings permit or evidence of building fund Review application and attachments for completeness before mailing to DOF ­ Prior to exemption determination, inspection may be required by Department of Finance. ­ If exemption is granted, the organization will be required to file an annual renewal form prescribed by the Department of Finance. How to Appeal Decisions If the Department of Finance (DOF) denies your application or grants only a partial exemption, you may appeal the decision with the New York City Tax Commission. Use Tax Commission form TC106, available at www.nyc.gov/ html/taxcomm. Be sure to attach a copy of the DOF notice to your application. Please note: Appeals for partial exemption must be received within twenty (20) calendar days of the mailing date of the DOF letter. Appeals for full exemptions may be submitted at any time. All submitted applications will be reviewed in accordance with the legal statutes cited below. The information in this form is in accordance with Article 4, Sections 420-a, 420-b, 446, 452 and 462 of the New York State Real Property Tax Law, which provides for real estate tax exemption for certain properties owned and used by nonprofit organizations that qualify under the provisions of these sections. 2 American LegalNet, Inc. www.FormsWorkFlow.com 8 /2016 NFP Application for Exemption from Real Estate Taxation for Property Owned by Non-Profit Organizations DATE OF APPLICATION 1. PROPERTY INFORMATION 1. BOROUGH (CHECK ONE) 2. BLOCK LOT Manhattan 3. Bronx No Brooklyn Queens Staten Island IF YES, HOW MANY? (List additional blocks and lots below) Yes LOT Is this application for more than one