Kaman Cusimano Logo

Condo | HOA Lawyers

Requesting Your Association’s Federal Tax ID Number

Condominium and homeowner association board members and property managers are often asked for their association’s Federal Tax Identification Number.  Community associations in Ohio are not-for-profit corporations that are registered with the Ohio Secretary of State.  Just because an association is not-for-profit, however, does not mean that an association’s income is non-taxable; therefore, the association still may have to pay income taxes.  As a result, every association is assigned a Federal Tax ID Number, also known as an Employee Identification Number (EIN).  Similar to an individual’s social security number, a corporation’s Federal Tax ID Number is a unique number that government agencies and other institutions, such as banks, use to identify individual corporations.
When paying taxes, filling out mortgagee questionnaires, receiving payment from a bank on a delinquent account, or opening a bank account and/or certificate of deposit, associations are often asked to provide their Federal Tax ID Number, but many board members are unaware of the assigned number.  To obtain your  association’s Federal Tax ID Number, board members may either call the Internal Revenue Service’s Business & Specialty Tax Line at (800) 829-4933 or visit http://www.irs-ein-application.com.


Three bars icon gold

Recent blog Posts

Three bars icon gold

Partner Shannon McCormick appointed to the Northern Ohio CAI Board

We are thrilled to announce that Shannon McCormick, Partner, and Chair of our Cleveland Office, ...
Read More →

Attorney John Izzo presented at CAI Central Ohio Chapter’s Annual Meeting

On January 25, 2024, Attorney John Izzo took the stage as a distinguished panelist at ...
Read More →

Borrow or Assess? A Guide to Community Association Loans

When the time comes for major capital item repair, replacement, or restoration, an association has ...
Read More →

Partner M. Katherine (“Kate”) Bushey elected to CAI’s Business Partners Council

Partner M. Katherine (“Kate”) Bushey has been elected to CAI’s Business Partners Council. The Business ...
Read More →