The Haines Borough Assembly at its June 28 meeting unanimously voted to extend eligibility for community-purpose property tax exemptions to organizations classified as 501(c)4s in addition to those incorporated as 501(c)3s.
Both 501(c)3s and 501(c)4s are nonprofits, but while 501(c)3s are called “charitable” organizations – and donations to them are tax deductible – 501(c)4s are called “social welfare” organizations. Donations to them are not tax deductible, but unlike 501(c)3s, they can engage in lobbying and…