Carey Services has been awarded an additional $1,100 in Neighborhood Assistance Program tax credits it can offer to donors through March 31, 2017.
NAP is a program that provides Indiana tax credits to not-for-profit organizations for specific projects. Individuals and businesses who make a NAP donation to Carey Services can receive a credit on their Indiana income tax return for 50 percent of the donation amount. Federal tax credits might also be available.
“We were pleased to learn we have additional tax credits to offer donors as a result of fully committing our first round of credits,” said Jim Allbaugh, president and chief executive officer. “The additional donations we can solicit will be helpful as we continue to improve the work we do help people become empowered and equally valued members of the community.”
The agency exhausted its initial allocation of credits in December. Indiana Housing and Community Development Authority, the state organization that oversees NAP, reallocates the money agencies are unable to use by Dec. 31 to agencies who were able to exhaust their original allocations.
Carey Services will use the NAP donations to help maintain the Pleasant Woods apartment complex and meet other programming needs. Pleasant Woods is an affordable housing community designed with individuals with disabilities in mind. The community has five one-story accessible duplexes designed to facilitate independent living. The NAP donations will be used to upgrade the facilities to further increase accessibility.
For more information, call April Scott at (765) 668-8961, ext. 111