NON-PROFIT INFORMATION
Tax exempt Lawrenceville Main Street, Inc. ("LMS") is a civic-improvement association entitled to exemption from federal income tax under the provision of section 501(c)(3) of the Internal Revenue Code and exemption from excise taxes under Chapter 42.
Donations. Donors may deduct contributions to LMS as provided in section 170 of the Code. Bequests, legacies, devises, transfers, or gifts to LMS or for its use are deductible for federal estate and gift tax purposes if they meet the applicable provisions of sections 2055, 2106, and 2522 of the Code.
Sales Tax. LMS is also exempt from sales tax, and has been issued an Exempt Organization Certificate ST-5 (Number 521-555-972/000) by the State of New Jersey Division of Taxation. Persons making purchases on behalf of LMS should obtain the tax-exempt certificate from the office.
For further information, contact us.