Eligible for tax credit

Willimantic - posted Sep, 11 2012

WILLIMANTIC- The Windham Hospital Foundation is among seven non-profit agencies approved for inclusion in the 2012 Neighborhood Assistance Act (NAA) Program. This means that qualified business entities in Connecticut are eligible for a tax credit when they make charitable contributions to these agencies before the end of the calendar year. The NAA program is designed to promote funding for municipal and tax exempt organizations by providing a corporation business tax credit for businesses which make cash contributions to these entities. The minimum contribution is $250 and the maximum is $150,000. Each business requesting a tax credit under the Neighborhood Assistance Act Program must complete a brief form NAA-02 for each program it wishes to sponsor. Form NAA-02 must have an original signature and be mailed or hand-delivered to the Department of Revenue Services on or after Sept. 15 but no later than Oct. 3. Additional information and forms can be obtained at www.ct.gov/drs.


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