Detroit assessor to host nonprofit community summit on tax exemptions

Detroit assessor to host nonprofit community summit on tax exemptions

The City of Detroit is working to educate faith-based organizations and other nonprofits on how to secure property tax exemptions and avoid foreclosure.  Detroit’s Deputy CFO and Assessor Alvin Horhn said most nonprofits and churches are eligible for property tax exemptions, but must first complete the online application process to secure them.  Among the eligibility requirements, organizations must:  Own, currently occupy and use the property …

Map: Geography and Characteristics of Detroit Non-profits

Within the City of Detroit there are 4,661 not for profit or nonprofit corporations registered with the Internal Revenue Service (IRS). There are 82 nonprofits registered in Highland Park and 73 in Hamtramck. The vast majority (n=3,268) or 70% of those nonprofits have $0 income. Most nonprofits are classified by the National Taxonomy of Exempt Entities (NTEE) as “christian” churches followed by “human service” organizations and “community improv…