August 16, 2011 On August 16, 2011, the Illinois Department of Revenue denied the property tax-exemption applications of three non-profit hospitals. In this group of preliminary rulings, the Department of Revenue said Northwestern Memorial Hospital's Prentice Women's Hospital, Edward Hospital, and Decatur Memorial Hospital did not merit a property tax exemption because they did not operate as charities. To determine if a non-profit organization qualifies as a charity and if the property in question is used exclusively for charitable purposes, the Illinois Department of Revenue considers whether the non-profit organization has the following five . . .

Want To Read More? Log In Or Become A Paid Member
Resource Available For Paid OPEN MINDS Circle Members Only
Not a paid member? Don't miss out! Sign up today and receive unlimited organizational access to all OPEN MINDS strategic advice, market intelligence, and management best practices – over 250,000 resources!
If you are already a paid member, log in to your account to access this resource and more. If you are a free member, you will need to upgrade to a paid membership before accessing this resource.

If you are not yet a paid member, learn more about the OPEN MINDS Circle Market Intelligence Service Membership on our website, reach out to our team at info@openminds.com, or call us at 877-350-6463.

Illinois Department of Revenue Decision Regarding Property Tax Exemptions Requested by Three Non-Profit Hospitals

August 16, 2011 On August 16, 2011, the Illinois Department of Revenue denied the property tax-exemption applications of three non-profit hospitals. In this group of preliminary rulings, the Department of Revenue said Northwestern Memorial Hospital's Prentice Women's Hospital, Edward Hospital, and Decatur Memorial Hospital did not merit a property tax exemption because they did not operate as charities. To determine if a non-profit organization qualifies as a charity and if the property in question is used exclusively for charitable purposes, the Illinois Department of Revenue considers whether the non-profit organization has the following five . . .

Want To Read More? Log In Or Become A Paid Member
Resource Available For Paid OPEN MINDS Circle Members Only
Not a paid member? Don't miss out! Sign up today and receive unlimited organizational access to all OPEN MINDS strategic advice, market intelligence, and management best practices – over 250,000 resources!
If you are already a paid member, log in to your account to access this resource and more. If you are a free member, you will need to upgrade to a paid membership before accessing this resource.

If you are not yet a paid member, learn more about the OPEN MINDS Circle Market Intelligence Service Membership on our website, reach out to our team at info@openminds.com, or call us at 877-350-6463.