The goal of Enterprise Zone Contribution Projects is to create or preserve an environment that will help attract, expand, or retain employers in the Enterprise Zone (EZ). To encourage Colorado taxpayers to make contributions to nonprofits that make improvements to the Pikes Peak Enterprise Zone, a State Income Tax Credit equal to 25% of monetary contributions is available.
Capital Campaign Projects: Capital campaign projects encourage public/private partnerships, raise money for a specific capital project to serve the broader community, and begin construction or implementation within five years. Eligible Capital campaign project categories include:
Operations Projects: Operations projects fund new economic activity in the enterprise zone to achieve near-term goals. Eligible Operations project categories include:
Social services are not typically eligible for EZ Contribution Project status because they do not achieve near-term economic development goals. These include:
The Colorado Economic Development Commission and the Pikes Peak EZ Administrator have approved the following list of projects that assist in implementing the economic development goals of the Pikes Peak Enterprise Zone. Any Colorado taxpayer, both businesses and individuals alike, can make charitable contributions through the EZ and take advantage of the tax credit. 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.
To make a contribution to any of the following organizations through the Enterprise Zone, please contact the respective organization or our office for additional information.
Careers in Construction Colorado: Job Training
Chamber Orchestra of the Springs
Colorado Springs Chamber of Commerce and EDC
Colorado Springs Fine Arts Center
Colorado Springs Pioneers Museum
Colorado Springs Sports Corporation: Sports Industry Attraction/Retention
Community of Caring: 100 W. Bennett Capital Campaign
Community Ventures Public Benefit Programs
Crossfire Ministries: New Facility Capital Campaign
Cultural Office of the Pikes Peak Region (COPPeR): Peak Radar
Downtown Partnership of Colorado Springs
El Paso County Fairgrounds Barns Replacement Project
Goodwill Workforce Development
Greccio Housing: Workforce Housing
Manitou Springs Heritage Center – Capital Campaign
Mary’s Home Capital Campaign: Phase 3 – Independent Living
Partners in Housing: Homeless Family Self-Sufficiency Program
Peak Vista’s Health Center at Tejon
Pikes Peak America’s Mountain – Summit Complex
Pikes Peak Community College Campus Expansion & Workforce Development Initiative
Pikes Peak Habitat for Humanity: Micah’s View & Jacob’s Run
Pikes Peak Habitat for Humanity: The Ridge at Sand Creek
Pikes Peak Library District: Workforce Development Initiative
Pikes Peak Trolley Museum and Restoration Shop
Pikes Peak United Way 2-1-1 Information and Referral
PILLAR Institute for Lifelong Learning
Space Foundation and Discovery Center
Space Foundation Discovery Center Capital Campaign
Springs Rescue Mission: Homeless Housing & Employment Services
Springs Rescue Mission: Welcome Center Capital Campaign
The Place: Youth Exiting Homelessness to Live Self-Determined, Fulfilled Lives
The Salvation Army: Homeless Shelter and Transitional Housing
US Olympic & Paralympic Museum – Capital Campaign
US Olympic & Paralympic Museum – Operations
Venetucci Farm Capital Improvements
Westside CARES: Homeless Housing & Employment Services
Sara Lobato
Pikes Peak Enterprise Zone Administrator
9 E. Vermijo Ave.
Colorado Springs, CO 80903
Phone: 719-520-6480
saralobato@elpasoco.com
Lauren Johnson-LeGrand
Economic Development Coordinator
9 E. Vermijo Ave.
Colorado Springs, CO 80903
Phone: 719-520-6236
laurenjohnsonlegrand@elpasoco.com
