Donate by Check through the NoCo HBA Enterprise Zone and SAVE an Additional 25% on Your Taxes
BUILT NoCo is part of an Enterprise Zone. This allows you to support construction courses in local schools while receiving a substantial benefit: 25% above and beyond the existing charitable tax deductions through the state of Colorado and the federal government. This applies to all taxpayers, whether you itemize or not. The minimum donation to CICC that can be made through the Enterprise Zone is $250 per year.
Enterprise Zone donations must be made by check only – no credit cards.
| ENTERPRISE ZONE: Build Up Savings | With Tax Credit | Without Tax Credit | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Donation Amount
|
$1000 |
$1000 |
||||||||||||
|
Est. Federal Tax Savings (35% tax bracket) |
-$350 |
-$350 |
||||||||||||
|
Est. State Tax Savings (4.63% tax bracket) |
-$46 |
-$46 |
||||||||||||
|
State Enterprise Zone Tax Credit (25%) |
-$250 |
$0 |
||||||||||||
|
Total Tax Savings |
$646 |
$396 |
||||||||||||
|
Net Cost of Contribution |
$354 |
$604 |
||||||||||||
Payable to: Larimer County Enterprise Zone
Write “Enterprise Zone Contribution-NoCo HBA/BUILT NoCO” and the last 4 digits of your SSN or EIN number.
BUILT NoCO, 1907 Boise Street, Ste 1 Loveland, CO 80538.
If you would like to donate tools and materials call us at 970-290-4571 or fill out the form and we’ll call you.
