Nonprofit Property Tax Exemption:  Legal Compliance, Best Practices, and Pitfalls presented May 15, 2024 by Sally Wagenmaker

This WPTA Webinar addresses whether Section 501(c)(3) nonprofit status is “good enough” for property tax exemption under Illinois law? Find out what more is legally required for charitable, religious, or educational tax-exempt qualification through attorney Sally Wagenmaker’s presentation.  Sally discusses key elements for a successful exemption application, implications of third-party facility usage, the importance of non-commercial usage agreements for such arrangements, unrelated business tax liability implications, and avoiding pitfalls while serving clients.