$2M in tax credits awarded to SWMO nonprofits

RELATED

Rescue One buys land for $4M HQ

The Missouri Department of Economic Development is awarding nearly $2 million worth of tax credits to organizations in southwest Missouri.

The awards being made to eight Springfield-area organizations were part of $7.2 million in Neighborhood Assistance Program tax credits going to 31 organizations statewide, according to a news release. The awards represent the first round of the NAP's fiscal 2025 funding cycle.

Local tax credits are going to the following:
• Boys & Girls Club of the Ozarks in Branson, $276,003 to fund programs and services for at-risk youth and their families
• Council of Churches of the Ozarks Inc., $250,000 to buy products for the Crosslines food pantry.
• Good Samaritan Boys Ranch, $161,077 to support its Catalyst program that provides trauma care and equine therapy for at-risk youth ages 10-18.
• Lane Change Inc. in Lebanon, $81,805 to support substance abuse recovery groups, case management and counseling/therapy with certified clinicians in the Laclede County area.
• Live 2 Give Hope in Lebanon, $349,895 to buy land and an existing building for programming that would support at-risk foster families and children.
• Project 360 Youth Services in Lebanon, $245,000 to expand services for at-risk youth ages 13-19.
• Rescue One, $249,960 for the Springfield nonprofit's planned headquarters, a 13,000-square-foot project in northwest Springfield.
• Senior Friendship Site in Forsyth, $350,000 to build an 11,000-square-foot facility that would serve at-risk seniors in Taney County.

Through the program, donors may give to the selected nonprofits in exchange for tax credits.