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Despite legal battle wins, Maetreum of Cybele may lose financial war
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Maetreum of Cybele, a nonprofit religious organization, may be winning its legal battles against the Town of Catskill over a property tax exemption, but if the town’s alleged tactic of pushing them into bankruptcy works, the wins in the courtroom won’t matter. Unless the Maetreum raises $10,000 for legal fees, they may have to declare bankruptcy. The legal issue at hand is if the Maetreum uses its property primarily for religious purposes, which would exempt them from paying property taxes. The Town of Catskill says the group is an “illegitimate religion” and is using the property for residential, rather than religious uses. The Maetreum says the town doesn’t want to “open the floodgates” to other nonprofit groups claiming tax exemptions which deprives the town of tax revenue.