Has your charitable organization moved in the last year? Have you had a significant change in use of property? If your organization is located in Indiana, and you answered yes to either, you likely need to file a new Form 136 Application for Property Tax Exemption.
Indiana Code exempts from tax real property and business tangible personal property used for educational, religious or charitable purposes. To obtain exemption, Indiana Form 136 must be filed with the county assessor by April 1 of the assessment year. Once approved, the Form 136 does not need re-filed as long as the property continues to meet the requirements of IC 6-1.1-0-16 or IC 6-1.1-10-21. However, a change in location or use of the property will require the Form 136 to be re-filed. Annual filing of Forms 103 and 104 for tangible personal property are still required if applicable.
Don’t put your exemption at risk. Contact your Blue & Co. advisor if you have any concerns with your property tax exemption.