Enterprise Zone

Important Enterprise Zone Update

The State of Colorado allocates a set amount of Enterprise Zone tax credits to approved nonprofit organizations each calendar year. On December 18, we reached our 2019 limit, and credit is no longer available for donations made during the rest of December.

Qualifying gifts made on or after 1/1/2020 will once again be eligible for the credit. If you have questions, please contact us.

The purpose of the Enterprise Zone Contribution Tax Credit Program is to support businesses and non-profit organizations, such as Denver Rescue Mission, located in economically distressed areas throughout the State of Colorado. The EZ tax credit allows a dollar-for-dollar reduction in state taxes owed by an amount equal to 25% of cash donations $250 or more. Please note: the State limits the number of credits available to each participating organization each calendar year. Once the limit is met, additional credits will not be issued until the next calendar year.

Please consult with your professional tax adviser to be sure the Enterprise Zone tax credit program will be of benefit to your specific tax situation.

READY TO MAKE AN EZ GIFT?

Have questions? Need to make changes? Contact Us

Your Gift Makes a Huge Impact

EZ eligible programs and services at Denver Rescue Mission include:

Emergency Services

Rehab

Transitional Programs

We’ve Reached Our EZ Tax Credit Limit for 2019

The State of Colorado allocates a set amount of Enterprise Zone tax credits to approved nonprofit organizations each calendar year. We have officially reached our 2019 limit, and credit is no longer available for donations made during the rest of December.

Qualifying gifts made on or after 1/1/2020 will once again be eligible for the credit.

Thank you!

How EZ Donations Work

The Enterprise Zone tax credit allows a dollar-for-dollar reduction in state taxes owed by an amount equal to 25% of cash donations to Denver Rescue Mission of $250 or more.

1. Give a Gift of $250 or more.

Monetary donations of $250 or more qualify for EZ tax credit.

2. Tell us you want EZ tax credit.

You must indicate your desire for Enterprise Zone tax credit. For example, write “EZ” on the memo line of your check. Or, when donating online, write “EZ” in the donor comments section.

You also must provide one of the following:

Federal Employer Tax Identification Number (FEIN)
Your Colorado Taxpayer Identification Number
Or the last four digits of your Social Security Number.

We keep these numbers secure and private to your account.

3. Receive your gift receipt and tax credit certificate.

Once we receive your gift, we will send you a receipt. If we have an email address on file for you, the State will email a copy of your tax certificate upon approval. Within 60 days, you will receive your mailed tax certificate.

You must file your tax return electronically with the Colorado Department of Revenue.

EZ Resources

For your convenience, we’ve gathered several EZ resources here that can help you learn more about the program and how it may apply to your donations.

IRS proposed changes to charitable contribution deductions.
Register to see your assigned Colorado Account Number.
Colorado tax and filing information.
Colorado Enterprise Zone program information.
Please Note: Donor Advised Funds no longer qualify for EZ tax credit. Learn more.

Donate Stock

A donation of stocks, mutual funds or securities can qualify for EZ tax credit and offers a number of valuable financial benefits:

No capital gain to be recognized
Full value of stock is tax deductible
Stocks, bonds and most mutual funds accepted

Learn More

Workplace Giving

Gifts that qualify for EZ tax credit may also be eligible for an employer matching gift. Many employers offer matching gift programs up to one full year after you donate or volunteer grants to increase your impact in the community. Find out if your employer offers a matching gift program or volunteer grants today!