Three Norwich nonprofits to receive $50,000 each from NPU
Jan. 25—NORWICH — Three local nonprofits will receive $50,000 each from Norwich Public Utilities through the state Neighborhood Assistance Act, money that otherwise would have been paid to the state in gross revenue taxes.
NPU officials announced the tax credit grants Tuesday to the Norwich Board of Public Utilities Commission. The Neighborhood Assistance Act, administered by the state Department of Revenue Services, provides cash funding for municipalities and tax-exempt organizations and state-approved projects through tax credits.
NPU announced it will contribute $50,000 to St. Vincent de Paul Place soup kitchen to continue upgrades to the heating, air conditioning, and ventilation at the nearly 100-year-old former St. Joseph School on Cliff Street. St. Vincent serves meals and provides support services to more than 500 people per month at the facility, a news release from NPU announcing the grant stated.
NPU contributed $50,000 to the United War Veterans Grand Army of the Republic, Buckingham Memorial Association, owners of the Civil War-era Gov. William A. Buckingham Memorial house on Main Street. The money will help pay for energy efficient windows that meet historic building standards, NPU officials said. The Buckingham house, which dates back to the 1840s, is used by veterans' organizations, the city historian and other nonprofit groups.
NPU provided another $50,000 to United Community and Family Services to help fund the third phase of efficiency upgrades, including 18 new windows, at the historic Samuel Huntington Home which houses many of the UCFS administrative offices.
"NPU is very pleased to participate in the Neighborhood Assistance Act again this year and to support three outstanding organizations in our community," NPU General Manager Chris LaRose said in the news release. "Through this fantastic program, funds that would have been paid in taxes to the state stay right here in Norwich to help our community partners do more of what they do so well."
NPU pays annual Gross Revenues Tax to the state from the purchase of electricity. The Neighborhood Assistance Act limits participating organizations to $150,000 per year in tax credits and the statewide program has a cap of $5 million.
