Enterprise Zone Contribution Tax Credit Approved for Blue Star Recyclers

Blue Star Recyclers received approval for The Colorado Enterprise Zone (EZ) Program (http://www.advancecolorado.com/funding-incentives/incentives/enterprise-zone-tax-credits) from the Colorado Office of Economic Development. That means donors who support the mission of Blue Star Recyclers may receive a 25% EZ Contribution Tax Credit on State of Colorado returns in addition to regular contribution deductions for State and Federal income tax filings.  Because Blue Star Recyclers business operations are located within qualifying economically distressed locations it was eligible to apply for and receive the EZ Tax Credit designation.

Blue Star Recyclers CEO, Bill Morris, said “This EZ Contribution Tax Credit has significant value for our donors as well as Blue Star.   Depending on their tax bracket, offsetting tax credits can significantly reduce donor’s net out-of-pocket costs while maximizing their impact on Blue Star Recyclers’ ability to create jobs for people on the autism spectrum and other disAbilities.”
The EZ program was established to help the State of Colorado compete with incentive-rich states for business retention.   In practice, the Colorado EZ Program supports new job creation, employee training, research and development and property revitalization.

Blue Star Recyclers Co-Founder, Tony Fagnant, stated “This EZ Contribution Tax Credit makes so much sense for any individual, family, or organization wishing to really leverage their charitable donations.  This is the perfect time of year to see how a donation to Blue Star Recyclers and the EZ Contribution Tax Credit could affect your tax deductions.”   Exact calculations of benefit will depend on donor’s individual factors.   Those interested in receiving Enterprise Zone Contribution Tax credits for donations to Blue Star Recyclers should contact Janet Morris at janet@bluestarrecyclers.org or 719-244-4445 for details.   
 
About Blue Star Recyclers
Blue Star Recyclers is an award-winning, 501c3 social enterprise, with a mission of providing certified electronics recycling services to create local jobs for people with autism and other disabilities. Blue Star Recyclers delivers measurable results in job creation, taxpayer savings and environmental stewardship, and operates facilities in Colorado Springs and Denver. Blue Star Recyclers was co-founded in 2009 through initial and ongoing support of the Fagnant family, owners of Qualtek Manufacturing (www.qualtekmfg.com), a Colorado Springs custom metal manufacturing company. Blue Star offers pick-up of computers and other electronics from businesses and accepts drop-offs from individuals at the Blue Star facilities. For hours and information, go to www.BlueStarRecyclers.com, or call 303-534-1667. 
 

Contact Information

Bill Morris

CEO

Linda Irwin

(1) 719.494.4436

bill@bluestarrecyclers.com