Deadline for Non-Profits to Renew NYC Tax Exemption

NEW YORK -

The deadline for New York City non-profits to renew their tax-exempt status for the upcoming tax year is next Tuesday, Jan. 5, and a lawmaker is reminding yeshivos and organizations to file on time.

Councilman David Greenfield warned that the city’s Department of Finance will begin issuing property tax bills to groups who fail to file on time. Several years ago, the agency changed its policy and now all non-profits receiving a full or partial property tax exemption are required to fill out a renewal form each year to maintain exempt status.

“There are nearly 200 groups in my district alone that have not filed yet with the deadline less than one week away,” Greenfield said. “Timely renewal is essential to avoid unwanted tax bills and potential lien sales.”

Applications may be submitted online. Any organization that has not received a letter from the city should call 311, email notforprofit@finance.nyc.gov or contact Greenfield’s office at 718-853-2704.