Volunteers working in warehouse

Neighborhood Investment Program

FY-22 MANDATORY WORKSHOP

I pray each of you are staying well during our continued COVID-19 experience. Due to the restrictions put forth by our Governor to keep us all safe, our Mandatory Workshop for NIP for FY-22 is also cancelled.  In place of the workshop is a mandatory questionnaire, which highlights a few of the most important pieces of the PowerPoint presentation, which will be a required attachment to your application. The application is due any time before 5:00 p.m. on June 30th.

There will be a PDF of the NIP PowerPoint presentation on www.wvcad.org/nip by May 12th for your review. After you have studied the “FY-22 Workshop Presentation”, you will need to correctly complete the “FY-22 Workshop Questionnaire”.  This questionnaire will be one of the required attachments to your NIP application. It is located directly beneath the PowerPoint presentation on our web page.

There are twenty (20) questions on the questionnaire. After completing the organizational information at the top of the form, you can tab, space, or click your way through the form.  To answer the questions, simply click the dropdown arrow in each blank answer box on the right-hand side and choose the correct response. If you answer incorrectly, you will be directed to the page in the presentation to find the answer.  All questions should be answered correctly.  After you complete the questionnaire, save it so you will be able to attach it to your application. This is in lieu of the mandatory workshop. If the questionnaire is not attached to your application, then you do not qualify, and your application will be rejected.

The application will be online by May 17th and you may start completion of it then. Please remember only new applicants need to create a new account. All returning applicants must use your existing account (log in to the dashboard with your email address and your password). Your application is due any time before 5:00 p.m. on June 30th. At 5:00 p.m. the site is shut down.

The sample Board Resolution, a Sample of the Secretary of State Letter, and the Contract will also be online when the application is available.

If you have any questions, please leave a voicemail at (304) 352-3959 or send me an e-mail at [email protected].

FY-21 NIP MANDATORY WORKSHOP

Due to the COVID-19 Pandemic, and in keeping with Governor Justice’s restrictions out of concern for our safety, we will not hold the FY-21 Mandatory Workshop this year. In lieu of the workshop we have placed our “FY-21 Workshop Presentation” on our webpage (underneath the NIP Login) for you to review, with a “FY-21 Workshop Questionnaire” for your completion. This completed questionnaire is to be attached to your application when you submit it. This will take the place of your mandatory attendance at our workshop. If the questionnaire is not attached to your application, along with the other requirements, then it will be rejected. We will expect everyone to have 100% on this questionnaire.

The application will be online by May 11th and is due no later than June 30th, 2020. Go to “NIP Login” to find the application.

If you have any questions, please call Cathy at 304-957-2056 and leave a message or send an email to [email protected].

MANDATORY WORKSHOPS (All applicants must attend 1 of the following Workshops)

May 1, 2020 - Holiday Inn & Suites in South Charleston, WV: Register Here

Workshop Agenda:
12:00pm – 1:00pm: Workshop Check-In / Late Registration / Lunch (Provided)
1:00pm – 3:00pm: Workshop Presentation

May 5, 2020 - Lakeview Golf & Spa Resort in Morgantown, WV: Register Here

Workshop Agenda:
12:00pm – 1:00pm: Workshop Check-In / Late Registration / Lunch (Provided)
1:00pm – 3:00pm: Workshop Presentation

For questions, please contact Cathy Durham at (304) 957-2056 or [email protected]

NIP Background

The Neighborhood Investment Program (NIP) is a tax credit program of $3 million each year, which allows 501(c)3 designated charitable organizations to apply for tax credit vouchers, which began in 1996 with $2 million. When awarded, the organization can distribute the vouchers to business and individuals who contribute a minimum of $500 to organizations, receiving up to 50% in tax credit, allowing the donor or corporation to reduce their West Virginia tax liability no more than 50%. The organizations pay a 3% fee on the donation, which offsets the administrative costs of NIP. During this time, approximately 24,500 donations from individuals and businesses have been received.

Benefits of NIP

There are 15,883 non-profits in West Virginia and we assist 200 of them each year with NIP credits, which has leveraged over $109 million in donations since inception.

Funding for NIP

Amount: $3 million annually

Source of Funds: State of West Virginia

Funding Cycle: July 1 to June 30

Authorizing Legislation/Statute: 11-13J – Senate Bill 293

Eligible Applicants for NIP

Non-profit organizations apply annually to the West Virginia Development Office (WVDO). The applicant must be registered with the Secretary of State as a 501(c)3, have a letter from the IRS stating they are non-profit, serve citizens in the state of West Virginia, have a local board, submit various financial documentation and attend a mandatory workshop to apply by June 30th each year.
Projects generally eligible for program participation include but are not limited to the following:

  • Health clinics
  • Homeless shelters
  • Educational programs
  • Housing programs
  • Preservation/revitalization activities
  • Domestic violence shelters
  • Children's shelters
  • Meal delivery programs
  • Senior citizens' centers
  • Community foundations
  • Scholarship programs
  • Hospice care
  • Transportation programs
  • Day care centers
  • Counseling services
  • Services for the disabled

Eligible Applications
Tax credit vouchers are awarded to organizations that are designated as 501(c)3 by the IRS and registered with the West Virginia Secretary of State's office as charitable organizations. Preference will be given to organizations that:

  • Offer emergency assistance
  • Are community based
  • Are direct needs
  • Serve highly distressed neighborhoods or communities
  • Serve primarily low-income individuals
  • Collaborate with other organizations
  • Are novel, creative or unique in approach
  • Have a history of maintaining low administrative costs
  • Demonstrate the ability to deliver the proposed services
  • Demonstrate a strong need for the proposed services