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While condominium associations are considered non-profit entities and are incorporated as such with the state, they do not qualify for federal tax exemption under IRS Code Sec. 501(c). The IRS has issued a Written Determination that specifically denies condominium associations tax exempt status as a Civic League or Social Welfare Organization under Sec. 501(c)(4) or as a Business League under Sec. 501(c)(6). The bottom line is that condominium associations operate for the benefit of their members, and not for the social welfare or common good of the community in general. They also are not formed as an association of persons with a common business interest. Download and read the entire letter ruling here.
Condominium associations not eligible for tax exempt status