Business & Tech

NAA Tax Credit Program Announces Approved Proposals for Wilton

Businesses can make cash contributions to any of these programs and receive a credit of up to 60 percent of their approved contribution.

WILTON. CT — The State of Connecticut’s Department of Revenue Services (DRS) has announced its approved program proposals under the 2018 CT Neighborhood Assistance Act (NAA) Tax Credit Program. All nine of the Wilton program proposals submitted were approved by the DRS.

Nine Town of Wilton and Wilton based tax exempt organizations submitted proposals which were reviewed and approved by the Board of Selectmen at their June 18, 2018 meeting. Proposals were then submitted to the DRS for review. The Town of Wilton is the overseeing municipal agency coordinating and submitting applications for the 2018 CT NAA Tax Credit Program for Town of Wilton and Wilton based tax exempt organizations.

Businesses now have an opportunity to make cash contributions to any of these approved programs and receive a credit of up to 60 percent of their approved contribution. Interested businesses may contact the organizations directly to learn more about their program proposals:

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Name of OrganizationProgramContactAmount Requested
Town of Wilton-Department of Social ServicesFood PantrySarah Heath at sarah.heath@wiltonct.org$10,000
Friends of Ambler FarmSchool Field Trip Experiences for Underserved YouthRobin Clune at robin@amblerfarm.org$3,000
Friends of the NRVTWilWalk Section of the NRVTCharlie Taney at ctaney@nvrt-trail.com$130,000
Riverbrook Regional YMCAAfterschool Child CareChristene Freedman at cfreedman@riverbrookymca.org$37,397
Wilton Community Assistance Fund (AKA Wilton Interfaith Council)Emergency Financial AssistanceSarah Heath at sarah.heath@wiltonct.org$10,000
Wilton Land Conservation TrustSave 183 Ridgefield RoadDonna Merrill at donna.merrill@wiltonlandtrust.org$150,000
Wilton Library AssociationAutomatic Energy Control Systems/Building AutomationRobin Axness at raxness@wiltonlibrary.org$40,060
Wilton Track AssociationBack the Track WiltonBev Hermann at bhermann@optononline.net$150,000
Wilton Youth CouncilWilton Youth Council Executive DirectorColleen Fawcett at colleen.fawcett@wiltonct.org$24,000

A complete list of all the state's approved program proposals is available on the DRS website.

Businesses wishing to request a tax credit under the CT NAA Tax Credit Program must complete a separate Form NAA-02 for each program it wishes to sponsor. The contribution must be cash, and needs to be made in the corporation's income year that corresponds to the same year as the approved program. Form NAA-02 must be submitted to CT DRS beginning September 15 through October 1, 2018. Businesses may mail or hand deliver their applications. In addition, applications may be submitted electronically by emailing Form NAA-02 to NAAProgram@ct.gov. No fax transmittals will be accepted. Questions can be emailed to DRS.TaxResearch@po.state.ct.us or contact 860-297-5687 for more information.

Find out what's happening in Wiltonfor free with the latest updates from Patch.

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