501(c)(25)

501(c)(25) is an Internal Revenue Service (IRS) tax exemption status that applies to "title-holding corporations or trusts for multiple parent corporations" and qualified subsidiaries. These entities hold the title to real property, such as land or buildings, on behalf of tax-exempt organizations. This arrangement benefits the tax-exempt organization by limiting the ownership liability, enhancing the organization's borrowing capabilities and reducing accounting complexities.

501(c)(25) corporations or trusts can operate with a maximum of 35 shareholders. All income, except expenses, must be provided to the tax-exempt organization.

Examples

• New Water Street Corporation (New York, N.Y.)
• Sacramento County Employees Retirement System Title Holding (New York, N.Y.)
• 1865 Linton & 1495 Spring Harbor Inc. (Dallas, Texas)
• Fuller Road Management Corporation (Albany, N.Y.)
• Bit Holdings Three Inc (Baltimore, Md.)

See also

• 501(c)
• Internal Revenue Service
• Nonprofit organization

External links

• Section 501 of the IRS code