Neighborhood Assistance Program Tax Credits

7Jul, 2020

NAP Tax Credits Available

The Indiana Housing and Community Development Authority has again awarded Carey Services Neighborhood Assistance Program (NAP) tax credits to sell to donors.

Individuals and businesses who donate to Carey Services through NAP are able to take a tax credit on their Indiana state income tax return for 50 percent of the amount of the donation and reduce their tax liability to the state. Donors also are able to claim the donation on their federal tax returns. A minimum $100 donation must be made to be eligible for a tax credit.

The donations received through NAP will be used for agency’s early childhood education facilities and programming.

For more information on NAP credits, call Carey Services at (765) 668-8961, extension, 111, and ask for April Scott, business office and event coordinator, or send her an email at ascott@careyservices.com.

26Dec, 2019

Agency Still has NAP Credits Available

It’s NAP time … No, we’re not talking about needing a rest from all the holiday festivities (although that’s not a bad idea), we’re talking about Neighborhood Assistance Program tax credits.

As you ponder your year-end financial status and donations, NAP credits mean 50 percent of your donation to Carey Services will be a state tax credit — not a deduction — and you also can count the donation toward federal tax deductions, if you itemize.

For more information about NAP credits and year-end donations, call Greg Maynard, director of fund development, at (765) 668-8961, ext. 124, or email him at gmaynard@careyservices.com.

16Jul, 2019

Carey Services has NAP Tax Credits Available

The Indiana Housing and Community Development Authority has again awarded Carey Services Neighborhood Assistance Program (NAP) tax credits to sell to donors. Donors can being officially taking advantage of the new round of credits on July 1.

Individuals and businesses who donate to Carey Services through NAP are able to take a tax credit on their Indiana state income tax return for 50 percent of the amount of the donation and reduce their tax liability to the state. Donors also are able to claim the donation on their federal tax returns. A minimum $100 donation must be made to be eligible for a tax credit.

Carey Services will use the donations received through NAP to help maintain the Pleasant Square and Pleasant Woods apartment complexes that are part of our Marion campus. The complexes are part of the agency’s affordable housing initiative, and each include five units with two duplex-style apartments. Some NAP proceeds also might be used for planning and site work for a future phase three on adjacent property.

For more information on NAP credits, call Carey Services at (765) 668-8961, extension, 111, and ask for April Scott, business office and event coordinator, or send her an email at ascott@careyservices.com. You also can ask for Greg Maynard, director of fund development, at extension 124 or send him an email at gmaynard@careyservices.com.

28Jun, 2018

NAP Credits Available July 1

The Indiana Housing and Community Development Authority has again awarded Carey Services Neighborhood Assistance Program (NAP) tax credits to sell to donors. Donors can being officially taking advantage of the new round of credits on July 1.

Individuals and businesses who donate to Carey Services through NAP are able to take a tax credit on their Indiana state income tax return for 50 percent of the amount of the donation and reduce their tax liability to the state. Donors also are able to claim the donation on their federal tax returns. A minimum $100 donation must be made to be eligible for a tax credit.

Carey Services will use the donations received through NAP to help defray construction costs at the Pleasant Square apartment complex being built as part of our Marion campus. The complex is a second phase of the agency’s affordable housing initiative that began with the Pleasant Woods complex and will include five units that each will have two duplex-style apartments. It is scheduled to be completed in November.

For more information on NAP credits, call Carey Services at (765) 668-8961, extension, 111, and ask for April Scott, or send her an email at ascott@careyservices.com.

11Sep, 2017

August Access Newsletter Available

Carey Services has released the August edition of Access, the monthly newsletter that highlights agency activities.

The Access newsletter features information about this year’s Expressions art event, which will be Oct. 21. Also in the newsletter is the monthly installment of the Caring and Serving series that highlights client success stories. Another article describes how donors can receive NAP tax credits.

You can find the August issue here.

You can find all Caring and Serving articles here.

26Jul, 2017

Carey Services has NAP Credits Available

Carey Services has been awarded Neighborhood Assistance Program (NAP) tax credits to sell to donors.

Individuals and businesses who donate to Carey Services through NAP are able to take a tax credit on their Indiana state income tax return for 50 percent of the amount of the donation and reduce their tax liability to the state. Donors also are able to claim the donation on their federal tax returns.

Carey Services will use the donations received through NAP to help maintain and upgrade the Pleasant Woods apartment complex that is a part of our Marion campus.

For more information, call Carey Services at (765) 668-8961, and ask for April Scott, extension 111, or send her an email at ascott@careyservices.com.

25Jan, 2017

Carey Services Receives Additional NAP Credits

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

18Jul, 2016

Carey Services has NAP Tax Credits Available

Carey Services has been awarded Neighborhood Assistance Program (NAP) tax credits to sell to donors.

Individuals and businesses who donate to Carey Services through NAP are able to take a tax credit on their Indiana state income tax return for 50 percent of the amount of the donation and reduce their tax liability to the state. Donors also are able to claim the donation on their federal tax returns.

Carey Services will use the donations received through NAP to help maintain the Pleasant Woods apartment complex that is a part of our Marion campus. These donations also will be used to provide handicap-accessible landscaping at Pleasant Woods as well as the Carey Street campus.

For more information, call Carey Services at (765) 668-8961, and ask for April Scott, extension 111, or send her an email at ascott@careyservices.com

5Feb, 2016

Carey Services Receives Additional NAP Tax Credits

Carey Services has been awarded an additional $3,552 in Neighborhood Assistance Program tax credits it can offer to donors through March 31, 2016. If credits are not sold in time, eligibility for future credits might be impacted.

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 be informed we would be able to offer additional tax credits to donors as a result of fully committing our first round of credits,” said Jim Allbaugh, president and chief executive officer. The agency’s initial allocation of credits was exhausted last fall. Agencies unable to use all of their original allocation lose the unused amount. Those are reallocated to agencies that were successful in that first round.

“We never know how this part of the process will play out because it depends on factors we can’t control,” said Greg Maynard, director of fund and strategic advancement. “This is a great opportunity for donors in and around Grant County to have another opportunity to link their interests to our mission, while obtaining a great benefit on their personal taxes to a greater degree.”

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, or email her at ascott@careyservices.com.

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