Springfield, MO

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$1.8M in state tax credits headed to SWMO nonprofits

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The Missouri Department of Economic Development yesterday announced statewide tax credits to the tune of $7.2 million, with $1.8 million going to southwest Missouri.

Eight Springfield-area nonprofits are among the recipients, according to a news release. The Neighborhood Assistance Program provides 50% and 70% tax credits to organizations and individuals who donate to the selected nonprofits.

“Missouri nonprofits provide critical services to citizens across our state, and we’re proud to support their efforts to strengthen communities,” Gov. Mike Parson said in the release. “The Neighborhood Assistance Program allows us to assist organizations in their service to Missourians while investing in a more prosperous future.”

Locally, the largest amount of tax credits is $349,734 for Elevate Branson. Proceeds from the tax credits are earmarked for the organization to shore up its workforce, entrepreneur training and affordable scooter programs.

The other southwest Missouri nonprofits chosen for tax credits are:
• Boys & Girls Clubs of Springfield Inc., $250,000 to build a 44,000-square-foot facility that would have a gym, fitness studio, cafeteria and other amenities;
• Dallas County Health Foundation in Buffalo, $250,000 for the development of a roughly 9,900-square-foot facility for exams and other purposes;
• Breast Cancer Foundation of the Ozarks, $200,000 for its free screening mammogram program;
• Crisis Nursery of the Ozarks Inc., $116,671 to increase the number of children who can receive emergency shelter;
• Community Partnership of the Ozarks Inc., $100,089 to assist the organization's efforts in homeless prevention, affordable housing and other areas; and
• Cope in Lebanon, $100,000 to build a 5,400-square-foot facility that would house a classroom, thrift store, coffee shop and more.


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