Manchester, Connecticut

Neighborhood Assistance Act

In recognition to the impact of COVID-19 the NAA Program deadline for submission is now extended until July 31, 2020.  Letter from DRS click here

NEIGHBORHOOD ASSISTANCE ACT 2020

The Connecticut Neighborhood Assistance Act (NAA) Tax Credit Program is designed to provide funding for municipal and tax exempt organizations by providing a corporation business tax credit for businesses who make cash contributions to these entities. 

The following agencies/programs are approved for participation in the 2020 NAA Program:

East Catholic High School 100%  
Exchange Club Center for the Prevention of Child Abuse of CT, Inc. (Kidsafe) 100%  
Saint James School 100%  
The Bridge Family Center 60%  
     
     
     

 

Businesses can receive a credit of 60% of their approved contribution to certain programs (or 100% in the case of certain energy conservation programs) approved by the Department of Revenue Services. Any tax credit that is not taken in the income year in which the contribution was made may be carried back to the two immediately preceding income years (beginning with the earlier of such years).

The program has several statutory limits, including the following:

-A business is limited to receiving $150,000 in tax credit annually.

-A non-profit organization is limited to receiving $150,000 in contributions in the aggregate.

-The minimum contribution on which credit can be granted is $250.

-The program has a five million dollar cap, which, if exceeded, results in proration of approved donations.

For more information on this program see:
Information Publication 2015(13), The Connecticut Neighborhood Assistance Act Tax Credit Program, and

To Apply:  

Tax exempt and Municipal entities:  Neighborhood organizations and Connecticut Municipalities wishing to obtain benefits under the NAA must complete Form NAA-01 in its entirety and return it to the Town of Manchester Human Services Department no later than April 3, 2020 in order to allow adequate time to prepare submissions for approval by the Board of Directors and onward forwarding to the Department of Revenue Services by its July 1, 2020 deadline.

An application form NAA-01, may be completed online, and printed from the DRS website. Go to:

http://www.ct.gov/drs/cwp/view.asp?a=1447&q=266058&drsPNavCtr=|#49985

Alternatively, please call Human Services Administration (860) 647-3092, and ask for an application package to be mailed to you.

Completed applications must be submitted to the Town. The Department of Revenue Services will not accept applications mailed directly to it.
 

Corporations:  Businesses requesting a tax credit under the NAA program must complete a separate Form NAA-02 for each program it wishes to sponsor.  The contribution my be cash, and needs to be made in the corporation's income year that corresponds to the same year as the approved program.

Each business requesting a tax credit under the Neighborhood Assistance Act Program must complete a separate Form NAA-02 for each program it wishes to sponsor. Form NAA-02 must be electronically submitted to DRS beginning September 15 through October 1, 2020.  Form NAA-02 will be available in a new format for submission by September 15, 2020.  Here is the link you will need to electronically submit the form https://portal.ct.gov/DRS/Credit-Programs/Neighborhood-Assistance/Neighborhood-Assistance-Act-Tax-Credit-Program. Submissions that are mailed, hand delivered, emailed, or faxed will not be accepted.  

E-mail any questions to DRS.TaxResearch@po.state.ct.us (mailto:DRS.TaxResearch@po.state.ct.us) or contact 860-297-5687 for more information.

2020 Application Process

All forms and some DRS publications are in Adobe Acrobat format.  You will need Adobe Acrobat Reader 7.0 or higher to view and print the forms.   For additional assistance or if you are have trouble downloading a form, visit our Adobe Information page.

2020 Connecticut Neighborhood Assistance Act Program Proposal - Form NAA-01

2020 Approved Neighborhood Assistance Act Program Proposals

2019 Approved Neighborhood Assistance Act Business Contributions