NAP Tax Credits

We Have Tax Credits For You!

Missouri’s Department of Economic Development has awarded Reconciliation Services Neighborhood Assistance Program (NAP) tax credits to support our work in the community. Eligible donors receive a Missouri state tax credit equaling 50% of their gift to Reconciliation Services. By pairing NAP with usual tax deductions, your gift to Reconciliation Services could be made at a very low net cost (see examples below).

Who Qualifies?

These credits are available to qualified individuals and corporations, with an eligible gift of $2,500 or more to Reconciliation Services. Individuals or corporations paying Missouri state income tax AND increasing their annual gift to Reconciliation Services OR donating to Reconciliation Services for the first time are eligible.

Qualified donors include:

  • Financial institutions/insurance companies

  • Express companies

  • Partnerships and their individual partners

  • Small business corporations (S-corps) and their individual shareholders

  • Limited liability companies and their individual members

  • Individuals who own or operate their own business or farm in Missouri

  • Individuals who receive income from royalties or rental property in Missouri

Frequently Asked Questions

  • Reconciliation Services was awarded $124,203 in state tax credits to make available starting July 1, 2023, through June 30, 2024. We encourage you to take advantage of these tax credits now. They will go fast!

  • Credits can be claimed on taxes due the year the contribution is made. It then extends for five additional tax years, but it cannot be used to offset taxes due prior to ther year of the contribution.

  • Contributions can be made in the form of cash, check, credit card, stock, or even through your IRA.

    IMPORTANT: ALL DONATIONS NEED TO BE MADE PAYABLE TO RECONCILIATION SERVICES.

  • Donors can contact Don Hall, Senior Philanthropy Advisor, at (816) 931-4751 ext. 309 or by email at dhall@rs3101.org for more information and to receive the NAP Tax Credit donation application.

Example One

These examples are calculated based on a donor in the 28% tax bracket.

Example Two

These examples are calculated based on a donor in the 35% tax bracket.

* If you are not eligible for NAP tax credits, you are still eligible to take advantage of the Federal and State income tax deductions with your donation.

Specific Tax Benefit Questions?

The examples above are provided for illustrative purposes only and do not constitute tax advice. Should you have specific donation questions and to see how the NAP tax credits will specifically apply to you, please consult your accountant or tax advisor.