More from: NAP

NEIGHBORHOOD ASSISTANCE PROGRAM (NAP) through Adult Life Training, Inc.

If you donate to certain public charities then Indiana will give you a tax credit equal to half of your donation, so effectively it costs you half as much to help that charity. This is one way that Indiana encourages Hoosiers to donate and charities to perform certain desirable work, such as employment training or affordable housing. The public charity provides a letter to you as instructed by The Indiana Housing and Community Development Authority, which you use on your Indiana individual tax return to reduce your State income tax.

Per The Indiana Housing and Community Development Authority rules, we must give away 60% of our remaining $3,808 NAP tax credits to donors before the end of December 2018.   If you would like to support our work and receive half your donation back as a tax credit, this is the time to donate. Our PayPal donate button is on the right, or checks can be mailed to us at Adult Life Training, Inc., 3301 E Coliseum Blvd, Fort Wayne, IN 46805.

Donations must be at least $200 to qualify (because the minimum NAP tax credit that we may give is $100). The Indiana Housing and Community Development Authority provides more information:

graphic of IHCDA NAP Information

IHCDA NAP Information

 

FROM: Indiana Housing & Community Development Authority • www.in.gov/ihcda/ihcda • (317) 232-7777

SUBJECT: NEIGHBORHOOD ASSISTANCE PROGRAM (NAP) through Adult Life Training, Inc.

WHAT IS NAP?

The Neighborhood Assistance Program (NAP), established by Indiana Code 6-3.1-9, offers $2.5 million in tax credits ($40,000 maximum per organization) annually for distribution by not-for-profit corporations. Organizations use NAP tax credits as an incentive to help them leverage more contributions from individuals and businesses for programs and services benefiting economically disadvantaged households or communities.

HOW DO THE CREDITS WORK?

Organizations, corporations and individuals are each eligible to make a contribution* to a NAP agency. When they do, they will receive a tax credit on their Indiana taxes worth 50% of their contribution. For example: If an individual contributes $1,000 they will receive a $500 Indiana tax credit. Donations are reported to the Indiana Department of Revenue (IDOR) and a credit is given to the donor’s state tax liability.

WHAT ARE ELIGIBLE CONTRIBUTIONS?

• Cash
• Check
• Credit Card
• Stock (which has been liquidated)
• Contributions designated through United Way
• In-kind donations** (exclusively building materials)
• Property donations

*No single contributor may donate more than $50,000 in a calendar year. Contributions of amounts smaller than $200 will only be accepted if the awardee’s remaining credit balance is less than $100 .
**Services (sweat equity), supplies and equipment are not eligible in-kind donations.

WHAT ARE ELIGIBLE PROJECTS?

• Affordable Housing
• Counseling
• Child-care
• Educational Assistance
• Emergency Assistance
• Job Training
• Medical Care
• Recreational Facilities
• Downtown Rehabilitation
• Neighborhood Commercial Revitalization

For more information contact:

Adult Life Training, Inc. on the beautiful ALC Campus, 3301 E Coliseum Blvd, Fort Wayne, IN 46805 260.432.0014 x128

or the Indiana Housing & Community Development Authorityhttp://www.in.gov/myihcda/nap.htm • (317) 232-7777


Indiana Tax Breaks available for donors to Adult Life Training, Inc.

I am currently reviewing the legal details, but Adult Life Training, Inc. has received $3,808 in Neighborhood Assistance tax credit Program (NAP) tax credits, which can be given to those who support our job skill training work with a donation.

The general restrictions that I have thus far garnered from the instructions from IHCDA are:

  1. This is a way of encouraging cash donations to forward our work
  2. Both individuals and businesses / corporations may participate, and the amount can be split across stockholders, partners, spouses (if filing separately)
  3. One half the donated amount may be provided back to the donor as NAP tax credits
  4. The smallest tax credit per entity is $100, so the smallest donation is $200
  5. The NAP tax credit MUST be used to pay actual Indiana Income Tax liability, and Indiana will NOT refund any excess
  6. In-kind things such as donated labor are not allowed for NAP tax credits
  7. As in most things involving government, if you are interested in supporting our free public job skills training programs with a donation, and would like to receive half that amount back usable as a credit against your Indiana income tax, there is a form to fill in – please email me at jdnash@alt-fw.org or call John Nash at 260.432.0014 x128 Tuesday through Friday.

The organizations which have received NAP tax credits to reward donors for supporting their work in the Fort Wayne area this year are:

Community Transportation Network,
Adult Life Training, Inc.,
Big Brothers Big Sisters of Northeast Indiana,
Blue Jacket, Inc.,
Boys & Girls Clubs of Fort Wayne,
Caring About People, Inc.,
CASS Housing Inc.,
Center for Nonviolence, Inc.,
Community Action of Northeast Indiana, Inc. d/b/a Brightpoint,
Community Harvest Food Bank of NE Indiana, Inc.,
Crosswinds, Inc.,Early Childhood Alliance,
Easterseals Arc of Northeast Indiana,
Family & Children’s Services,
Habitat for Humanity of Greater Fort Wayne,
Inner City Hope Corporation,
Interfaith Hospitality Network of GFW, Inc. (dba Just Neighbors Interfaith Homeless Network)
Fort Wayne Junior Achievement of Northern Indiana,
Lifeline Youth & Family Services, Inc.,
Matthew 25, Inc.,
Mustard Seed Furniture Bank of Fort Wayne, Inc.,
NeighborLink,
Fort Wayne RSVP of Allen County, Inc. (DBA: Volunteer Center),
The Literacy Alliance,
Turnstone Center for Children and Adults with Disabilities,
Vincent Village, Inc.,
Volunteer Lawyer Program of Northeast Indiana, Inc.,
Whitington Homes and Services for Children and Families,
Youth For Christ of Northern Indiana,YWCA Northeast Indiana Inc.


NAP Funding Application Re-Opened

This just came in email today:


NAP Notice

Contact

Veda Morris-May
Community Programs Analyst – CSBG, IDA, NAP
Indiana Housing & Community Development Authority
VMorrisMay@ihcda.in.gov

Click here for more information about the NAP program.

2018-2019 Neighborhood Assistance Program (NAP) Program Funding Application Re-Opened for a Limited Time

The 2018-2019 Neighborhood Assistance Program (NAP) funding application is once again open to 501C3s for a limited time. The application will remain available for completion until 5:00 pm Eastern Standard Time (EST) on Monday, May 21, 2018.

Any applications received outside of this timeline will not be considered for funding.

Important Note: The application will be completed online and cannot be saved. Therefore, it must be completed in one sitting. IHCDA has provided a sample PDF application for applicants to review ahead of time in order to prepare responses prior to submission. Please note that you will need an organizational code in order to complete the application. This can be done by registering an account with www.ihcdaonline.com and requesting a login for NAP from claims@ihcda.in.gov.

Please click here to access the 2018-2019 sample NAP application.

Please click here to access the 2018-2019 NAP online application.

For any questions regarding the application, please contact Veda Morris May at vmorrismay@ihcda.in.gov.