Do Homeowners Associations pay state and federal taxes on the income they get from member dues?

Question

I'm guessing "non-profit HOA" means they don't pay federal (IRS) taxes - is that right? what about state (Calif) tax?

Answer 1

they pay no taxes.  They make no money.  Any mone collected is used for the homeowners benefit.

Answer 2

Nope, non profit means that...ergo, nothing to tax.

churches too.....which explains the proliferation of small (and sometimes large) undefinable religious denominations.

the recent growth of "mega-churches" is an outgrowth of the supersized non profit.

wer