Tax credit helps YMCA expansion

9 months 4 weeks 12 hours ago Saturday, December 15 2018 Dec 15, 2018 Saturday, December 15, 2018 7:48:00 AM CST December 15, 2018 in News
By: Ethan Burks, KOMU 8 Reporter
loading

ASHLAND - The Southern Boone Area YMCA will build a new 15,714 square-foot facility in the next two years, if they receive more funding.

The Missouri Department of Economic Development (MoDED) announced it will give $7.57 million to non-profit organizations this month, and the YMCA is one of the benefactors.

"It was a long and strenuous application that we had to apply for, but we are very grateful for the program's help," YMCA branch director Kip Batye said.

The money will come from the Neighborhood Assistance Program (NAP), which gives businesses a tax credit for donating to non-profits. Businesses under the NAP will receive 50-70 percent of their donation back through state tax credits.

"Businesses can donate cash, materials, supplies or equipment; technical assistance and professional services; labor; real estate; or stocks and bonds," said MoDED's website. 

The website said any of those donations will qualify businesses for the tax credit.

"We will get $350,000 from the NAP and that money goes directly into the construction of our new facility," Batye said. 

The YMCA needed to expand because the current building is too small, Batye said.

"We have outgrown the space, so we purchased 15 acres of land here in town to build a new facility that will be able to support our 2,400 members," Batye said. 

The new building will have several new amenities including a reception and common area, fitness center, multipurpose room, child watch room, yoga studio, administration area and locker rooms.

"It's basically the same set-up, but on a much larger scale and with newer equipment," Batye said.

Batye said their goal is to raise $2.8 million and with the NAP donation, along with  donations from other parties, they have raised $1.1 million to-date.

"We hope to raise the rest in the next few months and hopefully break ground sometime in the Spring of 2019," Bayte said.  

More News

Grid
List
ROCHEPORT - The Missouri Department of Natural Resources said the number of people using the Katy Trail is down by... More >>
4 hours ago Sunday, October 13 2019 Oct 13, 2019 Sunday, October 13, 2019 3:08:00 PM CDT October 13, 2019 in News
COLUMBIA - The CDC began monitoring the 2019-2020 flu season this weekend. And doctors are urging people to get their... More >>
4 hours ago Sunday, October 13 2019 Oct 13, 2019 Sunday, October 13, 2019 2:55:00 PM CDT October 13, 2019 in Continuous News
COLUMBIA — Six Columbia churches had their first Sunday service with improved emergency health precautions on Oct. 13. The... More >>
5 hours ago Sunday, October 13 2019 Oct 13, 2019 Sunday, October 13, 2019 2:00:00 PM CDT October 13, 2019 in News
HARSTBURG – Celebrating another fall season with pumpkin carving, hayrides and a straw maze, the 28th annual Hartsburg Pumpkin Festival... More >>
11 hours ago Sunday, October 13 2019 Oct 13, 2019 Sunday, October 13, 2019 8:00:00 AM CDT October 13, 2019 in News
TOKYO (AP) — A heavy downpour and strong winds pounded Tokyo and surrounding areas on Saturday as a powerful typhoon... More >>
23 hours ago Saturday, October 12 2019 Oct 12, 2019 Saturday, October 12, 2019 8:03:00 PM CDT October 12, 2019 in News
LILBOURN, Mo. (AP) — A small earthquake has been reported in southeastern Missouri. The U.S. Geological Survey says... More >>
1 day ago Saturday, October 12 2019 Oct 12, 2019 Saturday, October 12, 2019 7:41:00 PM CDT October 12, 2019 in News
COLUMBIA — One person died after a crash in Cooper County Saturday morning. Haven Pennington, 19, drove her Pontiac... More >>
1 day ago Saturday, October 12 2019 Oct 12, 2019 Saturday, October 12, 2019 4:55:00 PM CDT October 12, 2019 in News
There is 5:40 left in the game. North Kansas City's Ronaldo Calderon kicks a field goal to give the... More >>
1 day ago Saturday, October 12 2019 Oct 12, 2019 Saturday, October 12, 2019 12:36:00 PM CDT October 12, 2019 in News
JEFFERSON CITY — The dome of the Missouri Capitol building will be lit pink in honor of breast cancer... More >>
1 day ago Saturday, October 12 2019 Oct 12, 2019 Saturday, October 12, 2019 12:08:00 PM CDT October 12, 2019 in News
HARTSBURG - The Hartsburg Pumpkin Festival announced parking will be moved to the river roads near the festival grounds. ... More >>
1 day ago Saturday, October 12 2019 Oct 12, 2019 Saturday, October 12, 2019 5:50:44 AM CDT October 12, 2019 in News
COLUMBIA - A Columbia man is behind bars after a search warrant turned up illegal drugs and and a firearm.... More >>
1 day ago Friday, October 11 2019 Oct 11, 2019 Friday, October 11, 2019 10:07:00 PM CDT October 11, 2019 in News
COLUMBIA - Below are scores from football games around mid-Missouri. Final scores are in bold. ... More >>
2 days ago Friday, October 11 2019 Oct 11, 2019 Friday, October 11, 2019 6:39:00 PM CDT October 11, 2019 in Friday Night Fever
COLUMBIA - Friday Night Fever’s Week 7 Game of the Week features an interesting game between a traveling Rockhurst (3-3)... More >>
2 days ago Friday, October 11 2019 Oct 11, 2019 Friday, October 11, 2019 6:10:00 PM CDT October 11, 2019 in Friday Night Fever
COLUMBIA - The Columbia Police Department is asking for the public’s help locating 28-year-old Mengqi Ji Elledge. Elledge was... More >>
2 days ago Friday, October 11 2019 Oct 11, 2019 Friday, October 11, 2019 4:38:00 PM CDT October 11, 2019 in News
NEW FLORENCE - The Missouri State Highway Patrol awarded Randy Nordman and his widow Julie Nordman with the department's highest... More >>
2 days ago Friday, October 11 2019 Oct 11, 2019 Friday, October 11, 2019 3:52:00 PM CDT October 11, 2019 in News
CALIFORNIA - The Moniteau County Sheriff’s Office and the California Police Department made contact with people in two vehicles that... More >>
2 days ago Friday, October 11 2019 Oct 11, 2019 Friday, October 11, 2019 1:59:00 PM CDT October 11, 2019 in News
COLUMBIA - University of Missouri Chancellor, Alexander Cartwright, gave the 2019 State of the University Address on Friday, speaking about... More >>
2 days ago Friday, October 11 2019 Oct 11, 2019 Friday, October 11, 2019 1:34:00 PM CDT October 11, 2019 in Continuous News
JEFFERSON CITY - Ten men who have only known recent life in prison are now a step closer to success... More >>
2 days ago Friday, October 11 2019 Oct 11, 2019 Friday, October 11, 2019 12:46:00 PM CDT October 11, 2019 in Top Stories
Columbia, MO
Broken Clouds 58°
8pm 54°
9pm 52°
10pm 50°
11pm 49°