[hackerspaces] Tax-exempt Geek Group hit with huge tax bill

[Txtwisterchaser]

Sounds to me that the city and county are looking for extra revenue  
since the local economy up there is crap.

On Mar 16, 2010, at 15:36, Niall Kearney <mantel at gmail.com> wrote:

> If you have a look around the youtube channel you'll find a few  
> other videos about this. They even have one of a meeting on the 8th  
> with the township - http://www.youtube.com/watch?v=SQmRzOf69dQ
>
>
>
> On 16 March 2010 20:15, David Powell <davepow16 at gmail.com> wrote:
> I'm only part way through the video but that's not what it sounds  
> like to me. Sounds to me like they went to the county and got  
> approval but may have never got it in writing. Either way it's a  
> pretty screwed up situation.
>
> On Tue, Mar 16, 2010 at 3:53 PM, Christopher J. Pilkington <cjp at 0x1.net 
> > wrote:
> On Tue, Mar 16, 2010 at 06:37:24PM +0000, Loki wrote:
> >    Non-profit hackerspace [3]The Geek Group has been hit with a  
> hefty tax
> >    bill despite their tax-exempt status. We featured a [4]boom  
> camera
> [snip]
> >    for non-profit land holdings before). Thatās why it comes as qu 
> ite a
> >    surprise when the township slaps a sticker on the doors giving  
> notice
> >    of seizure and demanding payment for $47,652.78 in back taxes  
> or the
> >    assets will be auctioned off. The entire story, from The Geek  
> Groupās
>
> Sounds like they just assumed that property taxes don't apply to
> 501(c)3 organizations.
>
> Many states only exempt organizations from property taxes if
> they are public charities in the strictest sense (with a nice
> big exemption for houses of worship, who don't seem to have to
> divulge their finances.)
>
> Regardless, one needs to apply for exemption from property tax,
> his claim that "we're tax-exempt, we don't know a lot about
> filing taxes" is bogus.
>
> The neighboring state of Minnesota has been stripping property
> tax exemption from child day care centers that are 501(c)3, so I
> don't find this so far fetched.
>
>
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