Giving Through the Enterprise Zone

Any taxpayer who makes a contribution to the Greeley/Weld Enterprise Zone Fund in support of the North Colorado Medical Center may claim a credit against their state income tax liability.

Cash Contributions
The state income tax credit is 25% of the value of the cash contribution, up to a maximum credit of $100,000 per taxpayer, per year.

Approved In-Kind Contributions
The state income tax credit is 12.5% of the documented value of the approved in-kind contribution, up to a maximum credit of $50,000 per taxpayer, per year.

Please contact Donna Benson at the NCMC Foundation, 350-6773, for approval and an in-kind contribution form.

For any given year, the amount of the credit is limited to the taxpayer’s state income tax liability. Any excess credit may be carried forward for a period of up to five years.

To be eligible for this state tax credit, contributions must be made payable to:
“Greeley/Weld Enterprise Zone”
On the check memo line, please include:
“NCMC 2nd Century Expansion Project”, and your Tax ID or Social Security Number.
Checks can be mailed to:
Upstate Colorado Economic Development
822 7TH Street, Suite 550, Greeley, CO 80631
Or
NCMC Foundation
1801 16th Street
Greeley, CO 80631

Donors will be provided with state tax form: DR 0075 Certification of Qualified Enterprise Zone Contribution. This form must be attached to the donor’s Colorado income tax return upon filing.

For an illustration of the tax benefit, click here.