Cohousing-L Mailing List: Re: tax exempt status for HOAs

[Ken Lewis (kenlewisjr]

Buzz wrote:

> If the government of California deals with the issue
> of nonprofit status in the same way as other states,
> it will likely only recognize nonprofits that are
> officially recognized by the IRS under section
> 501(c)(3) of the Internal Revenue Code.  

California must deal with it differently. We are officially incorporated as
a "nonprofit mutual benefit corporation" under the law by the same name.
While we are a nonprofit corporation, being tax-exempt is a different
matter. One has to explicitly apply for tax-exempt status.

The encouraging thing is that homeowners' associations are listed as an
example of tax-exempt organizations in California. If we get it, this could
be helpful info for other groups.

Thanks for your reply.

Ken