Sunday, January 31, 2010

Food bank may face $10,000 tax bill

The Utica OD reported that an oversight by the former executive director of the Community Food Bank of Greater Utica may end up costing the local nonprofit thousands of dollars in taxes from which it would normally be exempt.

Mark Wolber, president of the food bank’s board of directors, told city Common Council members Wednesday that Kim Strong, who resigned as executive director for personal reasons in October, failed to file the proper paperwork for tax exemption status after the organization purchased its current building at 112-114 Bleecker Street several years ago.

The typically tax-exempt 501(c)3 organization now owes the city $10,000 in back taxes as a result. Read more here.

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