YOUR BUSINESS AUTHORITY
Springfield, MO
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State tax credits will help fund a family support program provided by Presbyterian Children's Services, which is based in St. Louis but also serves families in Springfield, Farmington and Moberly. |ret||ret||tab|
The Missouri Department of Economic Development has approved $103,252 in tax credits through the Youth Opportunities Program for the organization, according to an April 20 news release from the Missouri Department of Economic Development. The tax credits will leverage at least $206,503 in contributions for the program. |ret||ret||tab|
The organization recently began a "family-focused therapy" project that provides at-home intervention for families facing conflict and crisis. The program aims to prevent problems between parents and their children before they escalate, provide treatment for an at-risk youth in residence or support families whose children are returning home after an out-of-home placement. |ret||ret||tab|
"The Youth Opportunities Program enables the state to partner with local nonprofit organizations and businesses to help prepare our youth for a bright future," said DED Director Kelvin L. Simmons. "Organizations such as Presbyterian Children's Home are invaluable in helping families with troubled youth get the support and assistance they need. The youth being served by this program are gaining confidence and learning to be self-sufficient, responsible adults." |ret||ret||tab|
Through the therapy program, trained counselors help the families work on crisis management, conflict resolution, discipline issues, supervision issues, abuse/neglect history, and anything else related to family care and development. |ret||ret||tab|
The Youth Opportunities Program is part of the Department of Economic Development's Community Development Division. The program is designed to broaden and strengthen opportunities for positive development in community life for youth, and to discourage such persons from engaging in criminal and violent behavior. |ret||ret||tab|
Through Youth Opportunities Program, contributors to approved projects can receive up to a 50 percent state tax credit for their donations, in essence allowing donors to redirect their tax dollars to support local efforts. Approval of these tax credits is contingent upon completion of contracts set forth by the program. |ret||ret||tab|
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Springfield event venue Belamour LLC gained new ownership; The Wok on West Bypass opened; and Hawk Barber & Shop closed on a business purchase that expanded its footprint to Ozark.