Capstone Group, Inc.
v.
Guthrie County Board of Review
Appellant
Capstone Group, Inc.
Appellee
Guthrie County Board of Review
Attorney for the Appellant
Teresa K. Baumann, Samuel E. Jones, and Laurie J. Dawley
Attorney for the Appellee
Brett Ryan
Court of Appeals
Court of Appeals Opinion
Opinion Number:
Date Published:
Summary
Appeal from the Iowa District Court for Guthrie County, Thomas P. Murphy, Judge. REVERSED AND REMANDED. Heard by Bower, C.J., and May and Greer, JJ. Opinion by Greer, J. (9 pages)
Capstone Group, Inc. (Capstone) appeals from the district court ruling that denied a property tax exemption for its nursing facility. OPINION HOLDS: We find Capstone is a charitable institution that operates the facility solely for charitable purposes and without a view to pecuniary profit. Therefore, the entire property qualifies for the property tax exemption. We reverse the district court and remand for entry of an order exempting the property.
