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:

Assistance League of Colorado Springs (719) 475-2627

Care & Share Food Bank (719) 528-1247

Catholic Charities of Central Colorado – Marian House Soup Kitchen (719) 866-6440

City of Victor – Victor Downtown Revitalization and Marketing (719) 689-5641

Colorado Springs Downtown Partnership Marketing (719) 886-0088

Colorado Springs Chamber of Commerce and EDC (719) 471-8183

Colorado Springs Conservatory (719) 577-4556

Colorado Springs Fine Arts Center (719) 477-4319

Colorado Springs Philharmonic (719) 575-9632

Colorado Springs Public Market

Colorado Springs Pioneers Museum – Museum Restoration (719) 385-5633

Colorado Springs Sports Corporation (719) 634-7333

Colorado Springs Street Car Project (719) 475-9508

Colorado Springs Teen Court (719) 475-7815

Community Ventures Public Benefit Programs (719) 886-0088

COPPeR (719) 634-2204

Cottonwood Artists’ School (719) 520-1899

Crossfire Ministries, Inc. (719) 447-1806

Goodwill Industries of Colorado Springs (719) 636-2682

Ecumenical Social Ministries – Homeless Services/Job Training (719) 636-1916

El Paso County Fairgrounds (719) 520-6996

Foundation for C.S. Future Bus. Assist. Projects (719) 680-1186

Greccio Housing – Homeless (719) 475-1422

Homeward Pikes Peak (719) 955-0731

Interfaith Hospitality Network – Family Promise of Colorado Springs (719) 329-1244

Legacy Loop – Fountain Creek Watershed Greenway Fund

Manitou Springs Heritage Center (719) 418-3736

Mary’s Home Extreme Dream Capital Campaign

Mt. Carmel Veterans Service Center (719) 575-7057

Contact us:

DeAnne McCann
Economic Development Executive Director
9 E. Vermijo Ave.
Colorado Springs, CO 80903
Phone: 719-520-6481
Fax: 719-520-6288
deannemccann@elpasoco.com

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
Economic Development Project Coordinator
9 E. Vermijo Ave.
Colorado Springs, CO 80903
Phone: 719-520-6236
Fax: 719-520-6288
jenniferdegive@elpasoco.com