Department of Economic Development awards $5,632,878 in Neighborhood Assistance Program tax credits

December 9, 2016

Contact: Division of Business and Community Services

                (573)751-4539

 

The Missouri Department of Economic Development (DED) approved 28 Missouri not-for-profit organizations for a total of $5,632,878 in tax credits under the Neighborhood Assistance Program (NAP).

NAP helps not-for-profit organizations raise private-sector funds by providing partial state tax credits to businesses that make contributions to approved community improvement projects.

The following not-for-profit organizations have been approved for the tax credits under the NAP:

  • Association on Aging with Developmental Disabilities has been approved for $200,000
  • Beyond Housing, Inc. has been approved for $150,000
  • Boys and Girls Clubs of Greater Kansas City has been approved for $207,500
  • Center of Creative Arts (COCA) has been approved for $250,000
  • Children’s Center of Southwest Missouri has been approved for $250,000
  • Children’s Center for the Visually Impaired has been approved for $250,000
  • Citizens Against Domestic Violence, Inc. has been approved for $156,601
  • COPE (Fka Council To Prevent Domestic Violence) has been approved for $242,293
  • Council of Churches of the Ozarks has been approved for $25,000
  • Equi-Librium Therapy Center, Inc. has been approved for $129,164
  • The Farmer's House, Inc. has been approved for $350,000
  • Friends of the St. Clair County Senior Center has been approved for $249,200
  • Friends of Hickory County Health Department has been approved for $341,250
  • Good Samaritan Boys Ranch has been approved for $349,547
  • Hillcrest Ministries of Midamerica has been approved for $292,341
  • Jamesport Community Association has been approved for $176,075
  • Kansas City Community Gardens has been approved for $97,500
  • Kenny Rogers Children’s Center has been approved for $249,497
  • Kids in the Middle, Inc. has been approved for $20,000
  • Leonard Wood Institute has been approved for $250,000
  • Literacy Council of Macon County has been approved for $114,562
  • MBCH Children & Family Ministries has been approved for $127,660
  • Missouri Girls Town Foundation has been approved for $116,670
  • Neighborhood Housing Services of Kansas City has been approved for $67, 232
  • Northside Community Housing, Inc. has been approved for $120,901
  • Second Harvest Community Food Bank has been approved for $250,000
  • Sherwood Forest Camp, Inc. has been approved for $349,885
  • St. Louis Legacy Ice Foundation has been approved for $250,000

Businesses can donate cash, materials, supplies or equipment; technical assistance and professional services; labor; real estate; or stocks and bonds. Credits can equal up to 50 percent of the total amount contributed or up to 70 percent for projects located in the most rural areas.

Not-for-profit organizations participating in the NAP program conduct capital campaigns or provide services in the areas of crime prevention, education, job training, physical revitalizations or community services. The NAP is utilized by not-for-profit organizations throughout Missouri to make their communities a more desirable place to live and work, as well as pave the way for economic development.

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