The following shall not be considered taxable:
(A) Poor relief, unemployment insurance benefits, or similar' payments received from local, state, or federal governments or charitable or religious organizations; proceeds of insurance other than third party sick pay; annuities; workers' compensation insurance; Social Security benefits; pension income including, but not limited to distributions from Internal Revenue Code (IRC) section 457 plans, IRC section 401(a) qualified pension and profit sharing plans, Individual Retirement Accounts (IRAs), Simplified Employee Pensions (SEPs), IRC section 403(b) plans, governmental plans, and non-qualified deferred compensation plans; compensation for damages for personal injuries and like reimbursement, not including damages for loss of profits or wages; alimony (payments not deductible), patent and copyright income and royalties (if income derived from intangible property).
(B) Compensation for damages to property by way of insurance or otherwise.
(C) Interest and dividends from intangible property.
(D) Military pay and allowances received as a member of the armed forces of the United States.
(E) Any charitable, educational, fraternal or other type of non-profit association or organization enumerated in R.C. § 718.01 which is exempt from payment of real estate taxes is exempt from payment of the tax imposed by this subchapter.
(F) Any association or organization falling in the category listed in the preceding paragraph not exempt from the payment of real estate taxes is required to file returns and remit the taxes levied under this subchapter on all business activities of a type ordinarily conducted for profit by taxpayers operating for a profit.
(G) Mentally handicapped and developmentally disabled employees earning less than minimum hourly wage while employed at a government-sponsored sheltered workshop shall be exempt from the levy of the tax provided herein.
(H) Where such non-profit association or organization conducts income-producing business both within and without the corporate limits, it shall calculate its profits allocable to the village under the method or methods provided above.
(Ord. O-2015-28, passed 11-23-2015; Am. Ord. passed 9-9-2019)