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Community Partnership of the Ozarks receives tax credits to help fund its renovation of the former Pepperdine Elementary School.
SBJ file photo
Community Partnership of the Ozarks receives tax credits to help fund its renovation of the former Pepperdine Elementary School.

Local nonprofits awarded state tax credits

Posted online

Last edited 9:04 a.m., Dec. 14, 2018

Seven Springfield-area nonprofits were chosen for state tax credits from the Missouri Department of Economic Development.

The local organizations were among 36 nonprofits statewide that collectively received $7.6 million in tax credits through the Neighborhood Assistance Program. The individual amounts the nonprofits received were not included in the release, and a DED spokesperson could not be reached for comment by deadline.

The local nonprofits are:
    •    Barry-Lawrence County Development Center Inc. in Monett, to help build a new 6,000-square-foot building for early childhood services;
    •    Community Partnership of the Ozarks Inc. in Springfield, toward its more than $2 million renovation of the former Pepperdine Elementary School into the O’Reilly Center for Hope;
    •    Discovery Center of Springfield Inc., to provide STEM education to underserved populations;
    •    Family Life Community Services in Nixa, to acquire property for construction of a 41-unit affordable housing apartment community in partnership with Ozarks Regional YMCA and DHTC Development Together;
    •    Foster Adopt Connect, dba Midwest Foster Care & Adoption Association in Springfield, to renovate a newly purchased 9,000-square-foot building for its southwest Missouri resource center;
    •    Good Samaritan Boys Ranch in Brighton, to provide therapeutic treatment for youth who have been victims of abuse or neglect; and
    •    The Victim Center Inc. in Springfield, to expand its building by 3,715 square feet and renovate 1,730 square feet of existing space.

Through NAP, nonprofits can raise private-sector funds by providing partial tax credits to businesses and individuals who contribute to community improvement projects. Credits can equal up to 50 percent of the total contribution or up to 70 percent on projects in rural areas, according to the release.

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