The Register-Herald, Beckley, West Virginia

Latest News

September 22, 2013

NIP tax credits headed to Rainelle

The West Virginia Development Office has awarded $20,000 in Neighborhood Investment Program (NIP) tax credits to the Rainelle Community Development Corporation for Project Rainelle Revitalization.

One half of each donation to RCDC that qualifies for NIP tax credits is actually paying the donor’s West Virginia Personal Income Tax, Businesses Franchise or Corporate Net Income Tax.

“These NIP tax credits are an essential support for the RCDC’s work,” RCDC Executive Director Andrea J. Pendleton said. “Last year was our first year and the NIP credits allowed us to raise more than $65,000.”

Pendleton said that a unique feature of the RCDC NIP program is that donors are invited to suggest which projects they want to support.

“Dr. Darrel Cales was by far our largest donor last year, and he asked us to try to create more Little League baseball and softball fields.”

Dr. Cales’ proposal for playing fields has drawn support from many other area individuals and businesses. The Plum Creek Foundation awarded $5,000 to the projects. Other contributors to the project will be announced in coming months.

Proposals for NIP tax credits are required to identify the NIP projects. Project Rainelle Revitalization NIP tax credits will applied to the most readily possible project among these areas, with preference for donor-advised activities: commercial/industrial property inventory and web placement; construct Little League baseball fields; fund Police Department crime prevention training and equipment; vocational training, trade school and college scholarships; and/or preservation and interpretation of historical artifacts and structures.

“We have enough NIP tax credits to match $40,000 in donations,” Browning said.  “The RCDC awards NIP tax credits on a first-come, first-served basis.”

Donations may be in cash, publicly traded stock, or real estate.

For further information, contact Pendleton andypen241@msn.com, 304-667-9233; RCDC President Joan C. Browning at oma00013@wvnet.edu, 304-645-6799; or RCDC Board members Treasurer Martha Livesay, Vice President Christopher Clay or Parliamentarian Susie Mintern.

 

1
Text Only
Latest News
  • Mercer shooting sends one to hospital

     One person has been shot following an apparent altercation in the Montcalm area of Mercer County.

    July 31, 2014

  • UMWA1.jpg More than 5,000 protesting new EPA rules at rally

    Today, 73 buses will bring miners and UMW members to Pittsburgh, Pennsylvania, for a labor rally and march through downtown Pittsburgh.

    July 31, 2014 1 Photo

  • Kroger restricts pseudoephedrine sales in state

    Supermarket chain Kroger is tightening monthly purchase limits of cold medications that contain pseudoephedrine at its West Virginia stores.

    July 31, 2014

  • ‘Biscuit guy’ makes his mark with anthem at TWV

    The old saying “being at the right place at the right time” couldn’t be more true for Calvin Alexander. Thanks to a salad dressing bottle (and some impressive vocal skills), Alexander was invited to sing the national anthem not once, but twice, at Theatre West Virginia before the opening of “Hatfields and McCoys."

    July 31, 2014

  • legion American Legion posts plan to merge

    To help deal with its decreasing membership numbers, Beckley American Legion Post 70 is planning a merger with Post 32. INCLUDES TOUT VIDEO.

    July 31, 2014 1 Photo

  • legal Tort reform group brings message to Beckley

    How can West Virginia create more jobs and have a better business climate, at no cost to taxpayers? Greg Thomas, executive director of the West Virginia Citizens Against Lawsuit Abuse (WV CALA), says legal reform is one of the answers to that question.

    July 31, 2014 1 Photo

  • Tri-state coal interests rally before hearings

     More than 2,000 union workers and others organized by the coal industry in Pennsylvania, Ohio and West Virginia joined top state elected officials Wednesday to rally against proposed stricter federal pollution regulations for coal-burning power plants.

    July 31, 2014

  • Judge in W.Va. asked to delay gay marriage ruling

    Attorney General Patrick Morrisey has asked a judge to postpone ruling on a federal lawsuit challenging West Virginia's same-sex marriage ban until the U.S. Supreme Court reviews a ruling in a similar case in Virginia.

    July 30, 2014

  • Tri-state coal interests rally before EPA hearings

    More than 2,000 union workers and others organized by the coal industry in Pennsylvania, Ohio and West Virginia joined top state elected officials Wednesday to rally against proposed stricter federal pollution regulations for coal-burning power plants.

    July 30, 2014

  • Work continues on stand-alone Warrior Trail

    The executive director of the Hatfield and McCoy Trail Authority said Tuesday that officials are still working toward the creation of the stand-alone Warrior Trail in McDowell County.

    July 30, 2014