Saint Louis Counseling is now offering
Neighborhood Assistance Program (NAP) tax credits!
Are you a business owner or do you have rental property?
Are you a shareholder in an S-corporation or a partner in a partnership?
A member of an LLC?
If so, you can receive 50% in tax credits through Saint Louis Counseling for a limited time!
By making a meaningful contribution (minimum of $1,000) to Saint Louis Counseling by purchasing Neighborhood Assistance Program (NAP) tax credits, you not only will earn tax credits for your company, your gift will provide essential funding for counseling services for adults 21 and older who live in Franklin, Jefferson and Lincoln Counties and are under- or uninsured.
These limited Neighborhood Assistance Program (NAP) tax credits are available now, on a first-come, first-served basis.
Who is eligible?
Entities listed below that pay MO State Income Tax and donate a minimum of $1,000 to Saint Louis Counseling qualify:
Businesses
Individuals who operate sole proprietorship or farm
Individuals who have rental property or royalty income
Shareholders in an S-corporation
Partners in a Partnership
Member of a Limited Liability Corporation
What is the benefit of purchasing NAP Tax Credits?
Qualified donations to Saint Louis Counseling generate a 50% Missouri State Tax Credit, thus reducing the out-of-pocket cost to make a gift. Tax credits may be applied to the tax year in which the donation was made, or at any time in the next five tax years.
Contribution example for the 28% federal tax bracket:
| Donation | $1,000 |
| Tax Credit (50%) | –$500 |
| Federal Income Tax Deduction (28%) | –$280 |
| State Income Tax Deduction (6%) | –$60 |
| Estimated Cost* | $160 |
*The above example shows cost savings in the year the gift is made for someone in the 28% federal tax bracket, who itemizes on their federal and state tax returns. Individuals in lower or higher tax brackets and those subject to the Alternative Minimum Tax would have slightly different tax savings. A gift of appreciated securities also would provide additional tax benefits related to avoiding capital gains. The above example is not intended to represent tax advice. Please consult your tax advisor to learn how tax credits will benefit you specifically.
What steps do I need to take to purchase NAPs that benefit Saint Louis Counseling?
If you qualify, you may receive NAP tax-credit benefits by making a minimum donation of $1,000 to Saint Louis Counseling. (See Qualified NAP Donations above.)
There are a few ways you can make a donation to Saint Louis Counseling and reserve and purchase NAP Tax Credits:
- By Phone or Email:
Call or email Debbie Dugan at Saint Louis Counseling: 314.748.5658, ddugan@ccstl.org to let her know that you are interested in NAP tax credits and the amount you wish to reserve. Saint Louis Counseling will send you an acknowledgement letter with instructions on how to complete the simple NAP Tax Credit Application-2023. - On Our Website:
Visit: SaintLouisCounseling.org and in the top menu, hover over “Donate Today” and go to the Neighborhood Assistance Program Tax Credits section and download the NAP Tax Credit Application-2023 or complete it online. Instructions for processing tax credits are listed on the second page of the application. - By Mail:
You can mail the completed NAP Tax Credit Application-2023 with the required documentation to:
Saint Louis Counseling | Attn: Debbie Dugan | 5 Premier Drive, Suite 200 | Fenton, MO 63026 - Saint Louis Counseling will then certify the completed form and submit it to State officials. Within four to six weeks, you will receive an official tax-credit letter to include with your tax return.
Types of Donations Accepted
- ONLINE / CREDIT CARD DONATION
Credit Cards (Visa, MasterCard, Discover, American Express). Please include: “Tax Credits” in the online “order comments” box. (Donations will NOT be able to be processed for the Missouri State Tax Credits, if “Tax Credits” is not noted in the online donation.) You may also call Debbie Dugan at 314.748.5658 to provide your credit card information by phone. - CHECK
Payable to “Saint Louis Counseling”. Include “Tax Credits” in the memo line. (Donations will NOT be able to be processed for the Missouri State Tax Credits, if “Tax Credits” is not noted in the memo line.)
Mail to: Saint Louis Counseling | Attn: Debbie Dugan | 5 Premier Drive, Suite 200 | Fenton, MO 63026
- INCOME FROM EMPLOYMENT (full- or part-time)
- APPRECIATED STOCKS: Call Debbie Dugan at 314.748.5658 for instructions.
