C-U nonprofit puts their recovery money to good use
Salt & Light Ministries got nearly $700,000 from the IRS. It's basically another version of a COVID-19 relief funding for businesses.
Budzinski recovers $659k for CU's Salt & Light
The organization said they are planning to use their money to pay off some debts. The non-profit's director Nathan Montgomery said he's hoping to have some funds leftover. That way he'll be able to fix their leaking roof, old refrigerators and freezers and update their parking lot.
Montgomery said the news came at the right time because they applied for the tax credit in 2023 and waited to hear back from the government.
Vermilion Co. Clerk shares voter info for elderly, handicapped
'It's a little surreal. I don't know that it's quite sunk in yet. I think once we actually have the checks in hand, you know, it's one of those things where, you know, we applied well over a year and a half ago. And so you know, you get to a point where you just don't expect that it's going to happen. Right. And so then when suddenly you get news that, 'Wow, this is actually being processed and approved and is going to come through.' Yeah, it kind of takes a minute I think to set in,' Montgomery said.
He said the government created the program to reward businesses for keeping employees on the payroll. And, it could be about six weeks until they actually see the money.
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