LACONIA — Melcher & Prescott Insurance is helping rebuild Laconia's housing stock by purchasing $35,000 in tax credits from the Laconia Area Community Land Trust (LACLT).
Calling the program a win-win, Melcher & Prescott president H. Thomas Volpe said, "Melcher & Prescott welcomes the opportunity to support the Laconia Area Community Land Trust in fulfilling its mission to provide clean and efficient moderately-priced housing and effective property management for our communities. Its projects restore older housing while returning a sound tax revenue stream for our cities and towns."
Over the past two years, Melcher & Prescott employees have provided more than 65 hours of highly-skilled volunteer service to LACLT. Linda Harvey, Executive Director of LACLT, said, "Melcher & Prescott has been serving the community for 150 years and has been a partner to us for 20 years. We are grateful for their terrific service and support."
Last year, LACLT was awarded a total of $500,000 in tax credits to sell by New Hampshire's Community Development Finance Authority (CDFA). Once the credits are sold to business donors, LACLT can use the proceeds to continue upgrading 60 units of permanently affordable rental housing in Laconia.
As a new nonprofit housing organization 20 years ago, LACLT began rehabbing scattered-site apartments in Laconia to create permanently affordable housing for families with low and moderate incomes. Now with the tax credits to fund a Portfolio Strengthening Initiative for these properties, LACLT will further invest in these community assets by installing new "green" flooring and energy-efficient fixtures, among other improvements.
Last year more than $4.1 million was recently awarded through the CDFA Tax Credit Program. Twenty-three community projects throughout the state sought tax credit funding; LACLT's Portfolio Strengthening Initiative was one of only three applications awarded its full request.
The Tax Credit Program enables businesses to donate to LACLT in exchange for a state tax credit that can be applied against the New Hampshire business profits, business enterprise, or insurance premium taxes. The state tax credit is equal to 75% of that contribution. In addition, the contribution may be treated as a charitable deduction to the extent the federal laws allow. Tax credit may be carried forward during a five-year period. After both state and federal tax benefits are accounted for, a contribution of $10,000 actually costs the company less that 11% or $1,100. LACLT is responsible for securing donations/pledges from for-profit companies with a New Hampshire state tax liability.
Melcher & Prescott Agency, incorporated in 1862, is a locally-owned independent insurance agency providing Property & Casualty along with Life, Health, and Benefits products and services.
CDFA, created by legislation in 1983, is a nonprofit public instrumentality of the State of New Hampshire. CDFA administers nearly $57 million in funding resources, which includes a combination of state Tax Credits and federal Community Development Block Grant, Neighborhood Stabilization, and Energy Reduction Funds.
Last Updated on Tuesday, 04 March 2014 12:53
LACONIA, NH — Accounting is fundamental not only to taxation but also to understanding what is going well and what is going poorly in a business. In order to monitor cash position and forecast needs an effective accounting tool properly setup and kept both current and accurate is essential. When considering starting a business, or getting out of the cigar box and coming into the 21st century, it is important for business owners in these challenging economic times to get a handle on a powerful, widely used and versatile software for the task. On March 18 & 20, 2014 SCORE Lakes Region will offer a two-part workshop for those setting up their business software or for those in business and converting to QuickBooks use; entitled "Starting Up with QuickBooks."
The workshop is sponsored by Northway Bank. The workshop will be presented by Charlene Smith, Owner of QB Support Services; LLC who is QuickBooks Advanced Certified and is also certified in: QuickBooks Online, Point of Sale, and Enterprise. Charlene started QB Support Services, LLC in 2011 after graduating with High Honors from Lakes Region Community College with an Associates Degree in Accounting and a concentration in Business Management.
Discussion topics during the first session include;
• How to initially set up your software package;
• Numbers you should be watching;
• What to enter to process transactions and how;
• File transfers to the bookkeeper and or accountant.
Attendance at the first session is mandatory for the second session. Topics for the second session will depend on what further assistance you need after the first session.
Registration is required for the March 18th & 20th workshop, which will be held from 5:30 p.m. – 8 p.m. (Registration and Networking from 5-5:30 PM) at the Taylor Community Woodside building, 435 Union Avenue, Laconia, NH, located across from Irwin Auto. Doors open at 5pm for Registration and Networking. Seating is limited to the first 24 people to register and pay for the workshop. Tuition is $25 per person if paid in advance or $30 at the door. Checks may be sent to SCORE Lakes Region, 383 South Main Street, Laconia, NH 03246. Register online at http://lakesregion.score.org/localworkshops.
SCORE Lakes Region is a not-for-profit, volunteer organization and Small Business Administration resource providing no cost small business counseling, mentoring and coaching for the life of your small business.
Last Updated on Tuesday, 04 March 2014 12:47
HOLDERNESS — Police chiefs from the towns of Holderness and Ashland will be presenting a program on the hot topic of "being scammed." The public is invited to attend on Wednesday morning, March 12 at 11:30 at the Holderness Fire Department. Also available to answer questions on the related topic "Fraud and You," will be a representative from Meredith Village Savings Bank. Immediately following the program,
the Holderness Park and Rec Department will provide popcorn and a movie, which is open to all who would like to attend.
Both chiefs brought it to the attention of the newly formed group, Concerned Christian Community (CCC) that its senior citizens, especially, are in need of this program that is being presented..
The CCC is made up of representatives from several local churches. Members from St. Mark's Episcopal Church, Holderness Community Church, Ashland Baptist Church, Ashland Methodist Church, and St. Agnes Church, are collectively working together toward the common goal of presenting topics that have been determined will strengthen their townspeople.
The CCC was started by St Mark's Church earlier this winter. Their mission is to reach out and explore the needs of their communities, and work with other churches to meet those needs. It was determined that the focus should be on senior citizens, young parents, and the already established "Got Lunch" and "Community Pantry" programs.
The next CCC meeting will be held in Sherrill Hall, St. Mark's Church on Thursday, March 13 at noon. All who are interested in making this group a success, are encouraged to bring a bag lunch, and some fresh ideas. Drinks will be provided.
For further information regarding CCC, contact Deb Holland at 603-968-2303.
Last Updated on Tuesday, 04 March 2014 12:44
PLYMOUTH — Mezzo-soprano Emily Jaworski, with Professor Dan Perkins on piano, will present The Deepest Desire at 1 p.m. Sunday, March 9, in the Smith Recital Hall at the Silver Center for the Arts. There is no charge for admission.
Hailed by Classical Voice of New England as "thoroughly delightful and a consummate storyteller, musician and artist," Emily Jaworski is earning a reputation for excellence and constantly surprising audiences with her versatility. From Bach oratorios to the art songs of Brahms and Copland, to jazz and musical theatre, Jaworski is committed to forging a deep emotional connection with every piece she sings.
The Deepest Desire is a recital program featuring forgotten works of Wolf, Debussy and Barber, as well as Jake Heggie's song cycle "The Deepest Desire: Four Meditations on Love," based on texts by social activist Sister Helen Prejean.
Perkins says the texts are Prejean's response to Heggie's question about her own sense of spirituality and its meaning. They describe the process of examining the "deepest waters of her being to find the core of her spirituality: the deepest desire of her heart."
Perkins is professor of music and director of choral activities at Plymouth State University where he was awarded the first Stevens-Bristow Distinguished Professorship. He is founder and music director of the New Hampshire Master Chorale, music director of the Manchester Choral Society, and was principal guest conductor of the Vietnam National Opera and Ballet. He will return to Vietnam in November 2014 as conductor of the Asia Pacific Activities Conference (APAC) Orchestra.
Guest artist Donna Shin will perform the flute part for the Heggie song cycle.
Last Updated on Tuesday, 04 March 2014 12:37
- Senior Moment-um Recipe Exchange Program, March 10
- Laconia Adult Education will be offering an SAT Preparation Class
- 22nd Annual NH SnoDeo Taking Place this coming weekend
- Wesley Woods – The Daniel Plan - 40 Days to a Healthier Life
- Wolfeboro Friends of Music Hosting Cline, Feldman, Mulvey Trio
- PSU Hosts 2014 New Hampshire Water and Watershed Conference March 21