An Argentine grocery store will be built partly with money from Kansas tax credits.
The Argentine Neighborhood Development Association is receiving $200,000 in Kansas community service tax credits, the Kansas Department of Commerce announced recently.
The tax credits will be used for the Argentine Healthy Food Initiative, a project designed to bring healthy food to the Argentine community in Kansas City, Kan. Argentine is considered a “food desert” and currently does not have a grocery store.
Ann Murguia, executive director of ANDA, said the funding the organization receives for the tax credit program will go solely toward construction and building a Save-A-Lot grocery store in the Argentine neighborhood of Kansas City, Kan. The store is already under construction and could open as early as this year. A ribbon-cutting for the store may take place within the next two months, she said.
The Argentine Healthy Food Initiative also will include educational efforts to help improve healthy eating in the community.
Under this program, individuals or companies could make a donation to ANDA and receive a 50 percent tax credit on their Kansas taxes. The money they donate would go toward construction and building the store, Murguia said. Those who donate the funds are charitable givers, not investors, and will not own any of the store.
The $200,000 tax credit means that ANDA could receive as much as $400,000 in contributions under this program, giving out $200,000 in tax credits.
The Kansas Department of Commerce recently announced 28 organizations statewide would receive $4.13 million in community service tax credits. ANDA is the only organization in Kansas City, Kan., to receive the CSP tax credits this year, according to information from the Department of Commerce.
The program helps nonprofit organizations with their capital fundraising drives throughout the state. Community service, crime prevention and health care projects are eligible for the tax credits.
Some of the organizations in Wyandotte County that have received community service tax credits in past years are the Children’s Campus campaign in Kansas City, Kan., and the Donnelly College community events center in Kansas City, Kan.
Matt Keith, in the communications department with the Kansas Department of Commerce, said that the tax credits are assigned by the nonprofit organizations to their donors to capital fundraising drives.
The minimum contribution that can be made is $250 to qualify to receive tax credits, he added. If there is a $500 contribution, for example, the nonprofit organization may assign up to $250 in tax credits. The organizations also can assign less than a 50 percent tax credit, depending on how many tax credits they have left, with the knowledge of the donor, he said.
The tax credits recently announced will be active until Dec. 31, 2014, he said.
For more information about ANDA, see www.andakck.org/ or contact 913-908-5337.
For more information on the tax credit program, visit http://www.kansascommerce.com/index.aspx?nid=117.