Enterprise Zone Contribution Projects

To encourage Colorado taxpayers to make contributions to non-profits that make improvements to the Pikes Peak Enterprise Zone, a State Income Tax Credit equal to 25% of monetary contributions is available. In addition, if the donation and recipient are eligible under federal rules, the federal charitable contribution deduction can be taken. No credits are allowed for contributions that directly benefit the contributor. The goal of Enterprise Zone projects is to create or preserve an environment that will help attract, expand or retain employers in the Enterprise Zone.

Eligible project categories:

Capital Campaign Projects:
Community Facility
Workforce Housing
Tourist Attraction
Infrastructure

Operations Projects:
Business Assistance
Economic Development Organizations
Job Training Programs
Visitor Event/Attraction
Healthcare
Homeless Support

The Colorado Economic Development Commission and the El Paso County Enterprise Zone Administrator have approved the following list of projects that assist in “implementing the economic development plan” of the Enterprise Zone. Both businesses and individuals can take advantage of the tax credit.

Approved EZ Contribution Projects:

Olympic City USA (719) 385-5484

Open Bible Pharmacy (719) 596-4449

Partners in Housing: Homeless Family Self-Sufficiency Program (719) 325-5835

Peak Startup (719) 425-9370

Pikes Peak Community College Foundation (719) 502-2013

Peak Vista Community Health Centers (719) 344-6605

Pikes Peak America’s Mountain – Summit Complex (719) 385-7705

Pikes Peak Habitat for Humanity (719) 475-7800

Pikes Peak Hospice Inpatient Unit at Penrose Hospital (719) 633-3400

Pikes Peak Library District Foundation (719) 531-6333

Pikes Peak or Bust Rodeo Foundation – Norris Penrose Event Center Capital Project

Pikes Peak Small Business Development Center (719) 667-3803

Pikes Peak United Way 2-1-1 Information and Referral (719) 457-1317

PILLAR Institute for Lifelong Learning (719) 633-4991

REACH Pikes Peak (719) 358-8396

Rocky Mountain Community Land Trust (719) 447-9300

Rocky Mountain Innovation Partners (719) 685-7877

Salvation Army – R.J. Montgomery Center Homeless (719) 884-1052

SET Homeless Health / Family Clinics (719) 328-0908

Silver Key Senior Services (719) 884-2300

Springs Rescue Mission – Homeless (719) 632-1822

Springs Rescue Mission – Capital Campaign – Campus Expansion (719) 632-1822

The Space Foundation (719) 576-8000

UCHealth Community Education Center – Colorado Springs (719) 365-GIVE (4883)

UCCS Main Campus Capital Project – Lane Center & ENT Center (719) 262-3000

UCCS Main Campus Capital Project – William J. Hybl Sports Medicine and Performance Center (719) 262-3000

Urban Peak (Colorado Springs) Homeless Youth Services (719) 630-3223

US Olympic Museum (719) 358-6325

Westside CARES (719) 389-0759

Contact us:

Sara Lobato
Economic Development Senior Analyst
9 E. Vermijo Ave.
Colorado Springs, CO 80903
Phone: 719-520-6480
Fax: 719-520-6288
saralobato@elpasoco.com

Jennifer deGive
Housing Analyst
9 E. Vermijo Ave.
Colorado Springs, CO 80903
Phone: 719-520-6236
Fax: 719-520-6288
jenniferdegive@elpasoco.com