Pikes Peak Enterprise Zone

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Pikes Peak Enterprise Zone

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The Pikes Peak Enterprise Zone contribution tax credit has been created by the State Government to encourage taxpayers to increase their giving to specific organizations that benefit our community. Donors who write a check for $50 or more through the Pikes Peak Enterprise Zone receive a 25 percent Colorado state income tax credit in addition to their charitable contributions! (In-kind contributions, like labor, materials, stocks, bonds, or real estate are also welcome in the EZone with some additional stipulations.) 

Note: Cash or credit card donations do not currently qualify for the Enterprise Zone. 

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Use the Enterprise Zone in Four Simple Steps:

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  1. Write a check payable to “Enterprise Zone,” and in the memo line, write “CSCCC Capital Campaign” as well as the last four digits of your Social Security Number or Colorado Account Number*. You only need to provide the last four digits of your SSN or Colorado Account Number to us once; all subsequent Enterprise Zone donations will only need “CSCCC Capital Campaign” in the memo line. Your donation must be at least $50 to qualify. (Cash and credit card donations are not currently eligible.)
  2. Mail the check to CS Community Cultural Collective, Attn: Development Office, 127 ½ East Bijou Street Suite #1 Colorado Springs, CO 80903.
  3. You will receive a donation receipt shortly after you make your donation, and in about 45 days you will receive a tax credit certificate from the county.
  4. At the end of the year, your state tax return will need to be filed electronically. 

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Using Your Colorado Account Number 

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 If you are not comfortable providing the last four digits of your Social Security Number, you may instead provide your Colorado Account Number, which can be obtained by: 

Visiting www.colorado.gov/revenueonline. 

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  1. From that page, click the “Request Letter ID” link that applies to how you will be filing your Colorado state taxes, as an Individual or Business. 
  2. On the next screen, review the information you will need to supply to receive your Colorado Account Number by mail and click “Continue”. 
  3. Fill out the short form to request your letter ID, and you will receive a letter in the mail within a few business days. It will list your 8-digit Colorado Account Number, labeled “Account”, in the upper right corner of the letter. 

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Direct Donation to Colorado Springs Community Cultural Collective

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Donation $1000
Federal Tax Bracket (35% Tax Bracket) $350
Colorado Tax Savings at 4.63% $46.30
Enterprise Zone Tax Credit at 25% N/A
Net Cost to Donor of $1000 Donation $603.70

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Enterprise Zone Donation

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Donation $1000
Federal Tax Bracket (35% Tax Bracket) $350
Colorado Tax Savings at 4.63% $46.30
Enterprise Zone Tax Credit at 25% $250
Net Cost to Donor of $1000 Donation $353.70

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Disclaimer: We are not tax advisors; therefore, we are not allowed to verify the accuracy of these figures. Please consult your tax advisor if you would like to confirm the accuracy of this information.

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Questions?

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719 424.1000

[email protected]

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