Enterprise Zone Tax Credit

Hospice of Montezuma has been approved as an Enterprise Zone Contribution Project by the Colorado Economic Development Commission (EDC) in October 2014. This designation allows all donor contributions $250 and above eligible for a 25% state tax credit on cash donations, and a 12.5% state tax credit on in-kind donations.

In 1986, the Colorado Legislature approved the Enterprise Zone Tax Credit program to assist economically distressed areas of the state. In Southwest Colorado, all of Montezuma, Archuleta, San Juan, and Dolores Counties are designated enterprise zone areas. La Plata County has some areas that are not considered distressed, and thus not included.

A list of eligible Enterprise Zone projects and program information is available online or by calling the Region 9 Economic Development District at 970-247-9621.

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