MTS SERVICES HELPS THRIFT STORE EXPANSION
FOR IMMEDIATE RELEASE
June 16, 2011
For more information, contact: Michele Talwani – (603) 641-1143 ext. 322
PHOTO: TARGETING TAX DOLLARS TOWARDS A GOOD CAUSE. MTS Services Co-Owners Tom Banks (left) and Judy Bergeron (middle) stand with Families in Transition President Maureen Beauregard. MTS Services donated $25,000 to Families in Transition through the New Hampshire Community Development Finance Authority’s tax credit program.
Growth of OutFITters Thrift Store Boutique in Concord will support housing and services for the homeless
CONCORD, NH – Families in Transition (FIT), a Manchester and Concord-based homeless housing and services provider, is the recipient of a $25,000 donation from MTS Services in Londonderry through the New Hampshire Community Development Finance Authority (CDFA) tax credit program. The donation will fund the upcoming expansion and relocation of OutFITters Thrift Store Boutique in Concord and combat homeless by enhancing Families in Transition housing and programming.
In the coming months, donations like MTS Services’ will enable FIT to expand the store, relocating to a larger, more central retail space on Concord’s historic Main Street. The money will also help OutFITters purchase a new 15-foot box truck for the store, aiding with large donation pick-ups in the greater Manchester and Concord communities. The new truck, an invaluable part of the store’s business model, enables OutFITters to bring in larger furniture donations.
FIT has $53,550 worth of tax credits available for businesses like MTS Services that have a tax liability in New Hampshire and would like to target their tax dollars toward a good cause. For approximately 11% of the cost of the donation, investing businesses can help FIT end homelessness, increase positive public relations for their company, and receive an excellent return on investment.
“MTS Services has always been a fan of Families in Transition, and we’ve always made donations,” said Vice-President Judy Bergeron. “With the tax credit program, we get the added benefit of using our donation to pay our Business Profit and Business Enterprise Tax.”
Families in Transition is a nonprofit organization that provides safe, affordable housing and comprehensive social services to individuals and families who are homeless or at risk of becoming homeless, enabling them to gain self-sufficiency and respect. FIT also owns and operates two thrift stores in Manchester and Concord, NH which serve as an economic engine to help pay for services they provide. For more information about FIT, the stores, and the tax credit program visit www.fitnh.org or call 603-641-9441.