DESIGNATE TO TRES RIOS HABITAT THROUGH
UNITED WAY AND THE FEDERAL COMBINED
CAMPAIGN
Tres Rios Habitat is not a partner agency with the San Juan County United Way.
However, contributors may designate their gifts to go to our organization. When
your company has its United Way Fund campaign, please encourage your
friends and associates to designate your gifts to Tres Rios Habitat. The United
Way will see that we receive all of the funds that are designated to us.
Federal workers may also designate funds to Tres Rios Habitat. Our combined
campaign number is: 72381.
We can provide a great deal of funding for the work of low income housing in
San Juan County when we share our personal enthusiasm with others and ask
them to designate their gifts to support our efforts.
Receive Tax Credits When You Donate to Habitat for Humanity
New Mexico Department of Taxation and Revenue is offering tax credits to individuals or
businesses that donate land, buildings, cash or services to eligible affordable housing projects,
such as Habitat for Humanity. The tax credit is equal to 50% of the value of the donation, and
can go towards any State income taxes, gross receipts taxes and compensating taxes (excluding
local option gross receipts tax imposed by a municipality or county, or the government gross
receipts tax).
The tax credits may be carried over for up to five years and may be transferred one time to any
individual or business. In addition to receiving a tax credit, you may also write off your donation
as a charitable contribution on your federal taxes.
The tax savings alone make donating to Habitat for Humanity worth it. For example, if an
individual or business donates $10,000 to Habitat for Humanity they will receive a tax credit of
$5,000. They can then use all of their tax credit for any state tax liability for the first year, or
carry the credit forward for up to five years. Or they can give their tax credit to someone else that
needs it. And they can still deduct $10,000 from their federal taxes. When all is said and done,
the $10,000 donation ends up costing only $2,500 with a tax savings of $7,500. Most
importantly, the donation goes towards Habitat for Humanity’s efforts to end the affordable
housing crises in New Mexico.
DONATIONS BY INDIVIDUALS ENCOURAGED
While we acknowledge the large donations made by corporations, we want to remember those other donations that are received from individuals. At the current time, we receive monthly gifts from several persons. These gifts mount up and allow the organization to pay for new houses or other bills that keep a nonprofit organization functioning and on task. If you are willing to make a one-time donation or to give on a regular basis, please make your check or money order to Tres Rios Habitat for Humanity and send it to PO Box 324, Farmington, NM 87499.
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