In this episode, Chris Galloway and Adam Sanchez discuss the importance of property tax exemption for Masonic lodges, detailing the requirements for maintaining tax-exempt status under the 501C10 classification. They emphasize the need for lodges to engage in charitable activities and accurately report these efforts to uphold their tax-exempt status. The conversation also covers the process for obtaining the ad valorem tax exemption and the significance of upcoming officer leadership trainings and the Grandmaster’s conference.

GLOTX https://grandlodgeoftexas.org/

Texas Lodge of Research: https://www.texaslodgeofresearch.org/

takeaways

• Masonic lodges can be exempt from property taxes under 501C10.
• Each lodge must demonstrate a fraternal purpose to maintain tax-exempt status.
• Charitable activities must be documented to support tax exemption.
• Form 71 is essential for tracking charitable contributions.
• Lodges should report all charitable activities to the Grand Lodge.
• The ad valorem tax exemption form must be submitted timely.
• Failure to submit tax exemption forms can lead to significant financial penalties.
• Officer leadership trainings provide valuable resources for lodge management.
• The Grandmaster’s conference offers additional opportunities for lodge leaders.
• Engagement in community service is crucial for maintaining Masonic values.