For Immediate Release

A NAP Credit Opportunity

Northwest Missouri Enterprise Facilitation has been approved by the Missouri Department of Economic Development to participate in the Neighborhood Assistance Program (NAP) Tax Credit program.

Northwest Missouri Enterprise Facilitation is a nonprofit organization which offers free and confidential business coaching in Northwest Missouri.  The tax credits will be used to fund the services the organization provides in Andrew, Atchison, Gentry, Holt, Nodaway and Worth counties.

Eligible donors with business income and tax liability in Missouri can donate to Northwest Missouri Enterprise Facilitation helping the organization continue our mission while receiving a tax credit that can help alleviate their Missouri tax liability. This opportunity allows donors to support Northwest Missouri Enterprise Facilitation with donations serving those right here in their community.

Donors may claim the tax credit when they file their Missouri tax return.  Additionally, donors may be able to claim their contribution on their federal income tax return as a charitable donation.

Eligible donors include businesses and individuals who operate a sole proprietorship, operate a farm, have rental property or have royalty income are also eligible, as well as a shareholder in an S-corporation, a Partnership or a member of a Limited Liability Corporation.

It is a 70 percent tax credit that can be used in the year the contribution was made or the five succeeding tax periods. Donors can make a minimum donation of $1,000 cash donation to take advantage of the tax credit.

Businesses or individuals wishing to make a qualifying contribution may contact Jeanne Rost at  816-387-6588 for more information.

If you are interested in starting or retaining your own business, Northwest Missouri Enterprise Facilitation (NWMEF) can help. NWMEF is an economic development project which serves six counties including Andrew, Atchison, Gentry, Holt, Nodaway and Worth. Services are offered free and are strictly confidential. NWMEF is a not-for-profit organization. For more information, contact Keli Morris, facilitator, at (816) 262-9400 or facilitator@nwmef.org. The Resource Board is comprised of more than 70 volunteer board members from each county as well as regional representation. Certain project costs have been underwritten by the Missouri Department of Economic Development, Neighborhood Assistance Programs.