EITC Tax Credit

Put your tax credits to good use! 

You can make a difference in young lives!

Your company + Water Street!

REDUCE YOUR BUSINESS TAX

Instead of paying your company taxes to the state of Pennsylvania, your monies could be designated to help families in poverty send their children to the Pre-K and Kindergarten of their choice.

EITC PRE-K TAX CREDIT (PKSO)

This option provides the greatest benefit to your business. 100% tax credit for the first $10,000 your business donates to provide scholarships for children in our pre-K programs (90% credit for every dollar beyond $10,000 up to $150,000).

EITC TAX CREDIT (SO)

75% tax credit for up to $300,000 donation to provide scholarships for children in our kindergarten class (if you make a 2-year commitment, the credit goes up to 90%). These donations also help provide scholarships for Wonder Club alumni to attend other Christian private schools. Wonder Club Early Learning Center is a ministry of Water Street Mission (Our official EITC identify is “Water Street Ministries”).

STEPS TO APPLY

1. Submit Your Application Online to the DCED beginning July 1
(Applicants for 2nd year commitments or having just completed year 2 may apply beginning May 15th. To receive preferred status – ahead of new applicants – please submit application by June 30.) All applications are processed on a first-come-first-served basis until available tax credits are exhausted.

Applications are submitted online through the “single application for assistance.”

 

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Another Way to Make the Most of the Available Tax Credits is to Learn about Pennsylvania's Special Purpose Entity (SPE) Program!

Ask your financial advisor or accountant, or visit the Central PA Scholarship Fund, to learn about Special Purpose Entities (SPE) which allow you individually to receive Pennsylvania EITC tax credits up to your individual joint liability. 

Your investment funds pass through the SPE to Central Pennsylvania Scholarship Fund, for example, where they all go out to the school of your choice (Wonder Club Early Learning Center is Water Street Mission’s school) in a scholarship under the EITC rules. 100% of your funds are issued as scholarships to Wonder Club. 

You can preorder tax credits at any time and your investment is not due until the SPE award letter arrives. Investment must be made within 60 days of the award letter date so the SPE can claim the tax credits for you. 

The tax credits are passed through to you on an individual federal and Pennsylvania K-1 tax form each February to go with your individual PA 40 tax form and claim your Pennsylvania tax refund. The federal K-1 form lists your federal donation deduction for your individual tax return.

 

“Everything begins with love. The godly love [of the staff] opens the kids up to God’s love.”
Tonya, Wonder Club Parent

2020-2021 EITC – SO K-12 Donors

  • Agri-Basics, Inc.
  • Bryn Mawr Trust
  • Capital BlueCross
  • Concept Excavating
  • D. H. Funk & Sons, LLC
  • Donegal Mutual Insurance Co.
  • Eastern Alliance Insurance Co.
  • Ephrata National Bank
  • Everence Foundation
  • Fulton Bank
  • Garman Builders (Garman Assets)
  • Gibbel Kraybill & Hess
  • J.S. Garman Electric, Inc.
  • Lancaster Leaf Tobacco Company of PA
  • M&T Bank (M&T Charitable Foundation)
  • Mid Penn Bank
  • PeoplesBank
  • Premier Custom-Built Cabinetry
  • Rohrer Dairy Farm
  • Sharp Properties Limited Partnership
  • Simon Lever
  • Stoltzfus Meats, Inc.
  • Univest
  • UPMC Health Plan
  • Warfel Construction
  • Wolf & Kline Property Management, Inc.

2020-2021 EITC PRE-K Donors:

  • Bryn Mawr Trust
  • Capital BlueCross
  • Clark Fire Protection
  • J.S. Garman Electric, Inc.
  • Lancaster County Vacuflo, LLC
  • Orrstown Bank
  • PeoplesBank
  • Randal V. Kline, Inc.
  • Rodgers & Associates
  • Smucker Company
  • UGI Utilities, Inc.
  • Weis Markets
  • Wolf & Kline Property Management, Inc.

Special Purpose Entities (SPE) Partners: KSO & Pre-K Donors

  • ACSI (Children’s Tuition Fund) for: Ebersole Excavating, Inc., TEG Scholarship Partners, LLC, Lancaster County Scholarship)
  • Central Pennsylvania Scholarship Fund
  • Everence Foundation
  • Faith Builders (for Furnace Hills Poultry)

Let's get started!

Here's how you can begin

Download the application PDF below to see the details – and get started online registering your company.

 

 

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Questions? Just ask!

Sandy Gambone
Business Ambassador
(717) 358-2032
sgambone@wsm.org

An Update from Jack 5/4/2020

12/17/2020

Dear Friends,

Throughout this season, we have encountered a number of challenges in operating our shelter safely. Thankfully we have been blessed to see no community spread among our guests. This is due not only to the work of our team, but also the ways that upgrades to our facilities came at just the right time.

For example, Providence Shelter, which opened in November 2019, provides additional spacing and a top-tier air filtration system. We have also been able to implement the same air filtration standards in our dining hall prior to the most recent wave of COVID.

Because a high percentage of our guests have preexisting health conditions, we have had to be diligent in our safety protocols, doing our best to ensure their safety. For us that has included implanting all CDC disinfecting, masking and social distancing from the very beginning. This has led to major changes in roles and responsibilities of staff. Staff have taken over disinfecting in shifts all over campus. They have also delivered much of our support services and programs through zoom, hosting counseling sessions and classes virtually and meeting in-person with plexi-glass dividers only when necessary.

For meals, we’ve changed preparation and delivery to help minimize interaction of guests who live in different facilities. At times that has meant delivering meals to certain Residential Floors so we can keep smaller groups in the dining hall. We have also had to restrict guests’ travel on and off campus to only essential trips such as going to work, the doctors, shopping etc., in order to minimize unnecessary exposure.

Another change in this season has been how we do intakes. Currently, the intake process requires new guests to be tested for COVID-19. They await their test results in a separate temporary shelter we have set up, before entering Providence Emergency Shelter.

All of these changes have been made while severely limiting the number of volunteers on campus. At one point, all volunteering was completely put on hold. Now, we are running with a third of our normal volunteers.

And it’s been tiring, for both staff and guests. We have had times where many staff were working remotely due to their own health risks. Other times where staff or guests have been quarantined due to exposures. But even with all of the schedule changes, increased overtime, and cross-shift working, our team has done an amazing job persevering through all of the challenges.

What to Expect This Winter Typically we have over 200 total guests on campus, over 100 in our Residential Programs over and 100 in our Emergency Shelters. Although our Residential capacity remains about the same, we have had to reduce the available beds in Providence Shelter to ensure safe spacing overnight from about 75 to 55.

Winter always presents its own challenges, so we anticipate this year will be no different. Women in our Providence Shelter have moved over to the shelter at St. Mary’s across the street, run by the Lancaster Food Hub. During their stay there they have full access to all of our services, including showers, food and staff support. Not only does having women shift to St. Mary’s enable us to free up additional beds for men, it will help us keep the shelter populations separate and limit the risk of spread.

Thank You We have been so encouraged by the support we have received this year. Without a community coming around us and our guests, we would not be able to keep our guests safe and continue to guide them in their restoration journeys. We truly couldn’t do what we do without you.

Jack Crowley

President