Retirement Community Cannot Rely On Tax Exemption Of Baptist Organization

A Danville, Virginia retirement community has lost its battle for tax exempt status. Our Valley.org reports that in a decision released June 8, a Botetourt County Circuit Court judge rejected a claim by the Glebe that because title to its land is held by Virginia Baptist Homes, it may take advantage of a tax exemption granted by the Virginia legislature in 1976. The court said that not all VBH property is exempt, but instead "the specific property for which the exemption is claimed must meet the requirements contained in the exemption granted to VBH".