What is the Community Investment Tax Credit?
The Community Investment Tax Credit (CITC) is legislation enacted by the Commonwealth of Massachusetts and is under the authority of the Executive Office of Livable Communities (EOHLC). The Commonwealth provides a 50% tax credit to eligible donors. Those eligible donors that do not have a tax liability are eligible for a 50% refund.
How can you double the impact of your donation to South Middlesex Opportunity Council (SMOC)?
Through the Community Investment Tax Credit Program, SMOC can double the impact of your donation of $1,000 or more by utilizing the tax credits to provide meaningful services and programs to advance equity, wellness and quality of life for the diverse individuals and families SMOC serves.
How does the Community Investment Tax Credit work?
For individuals, nonprofits and corporations that make cash donations of at least $1,000 to SMOC, the Commonwealth provides a 50% tax credit for a qualified investment once the donor files its taxes for the calendar year in which the donation was made. The tax credit is refundable for individuals, nonprofits and corporations without sufficient state tax liability.
Please note that gifts from Donor Advised Funds (DAF) may be eligible for a tax credit/refund at the discretion of your DAF Manager.
What is the process for receiving the Tax Credit or Refund?
- Donor makes a cash gift of at least $1,000 to SMOC.
- SMOC receives gifts and sends acknowledgment letters and registers donor for CITC online system.
- Donor accesses online system to fill out online form with assistance from SMOC and form is sent electronically to DHCD*.
- DHCD sends certificate number to donor through online CITC system with an email notification.
- Donor includes certificate number on state tax return for the calendar year in which the donation was made.
- Donor receives tax credit or refund from the state after filing taxes.
Please note: the donor may also be eligible for a Federal tax deduction. Each case varies. Please consult with your tax advisor to determine eligibility.
*Corporate and Foundation employer donors must provide a Massachusetts DUA Certificate of Compliance with Form CITC to be eligible. Instructions on how to obtain the Certificate are available upon request.
Please note that tax credit availability is limited, and to ensure CITC program participation by as many SMOC donors as possible, the credits awarded may not match the amount donated. Please confirm availability before making an eligible gift. For more information on the CITC program, please contact Deb Leary, at 508-525-1105 or [email protected].
Additional information about the program can be found at: http://www.mass.gov/hed/community/funding/community-investment-tax-credit-program.html
Join us on Saturday, September 27, 2025, for our 14th Annual Voices Against Violence (VAV) 5K Walk/Run! Packet pick-up and day-of registration will begin at 7:00 AM. We will kick off the event at 7:30 AM with inspiring words from local leaders dedicated to ending sexual and domestic violence. The race will start promptly at 8:00 AM, followed by the medal ceremony and raffle drawing at 9:00 AM.
