Non-Profit

Non-Profit Exemption

• Pursuant to Section 420-a of the New York State Real Property Tax Law: "Real property owned by a corporation or association organized or conducted exclusively for religious, charitable, hospital, educational, or moral or mental improvement of men, women or children purposes, or for two or more such purposes, and used exclusively for carrying out thereupon one or more of such purposes either by the owning corporation or association or by another such corporation or association as hereinafter provided shall be exempt from taxation as provided in this section."
• The law is complex; it contains many conditions and exceptions. Please call the Village Assessor's Office at 516 377-2256 for additional information.
• New exemption applications are available at the Village Assessor's Office beginning in June.
• If you already receive such an exemption, a renewal application will be mailed to you each year in June.
• Applications must be received in the Assessor's office by October 1st. Applications received after October 1st will not be considered, even if they are postmarked prior to October 1st.
• All exemptions are shown on the assessment roll as assessed value. To calculate the tax savings for any exemption:
  • Exempt Assessed Value divided by 100, then multiply the result times the Tax Rate.
• A Village tax exemption does not apply to taxes based on the Nassau County Assessment Roll. You should also apply to the Nassau County Department of Assessment for any exemption offered by the County and applicable to your property. Deadlines and procedures may be different. Check with the Nassau County Department of Assessment at 516-571-1500 for additional information.