nonprofit funding Tag

VTC Veteran Tax Credits and Re4ormed announce partnership

Re4ormed, a Maryland-based company focused on supporting, coaching and advocating for Veteran-owned and military spouse-owned businesses, and VTC Veteran Tax Credits, a national company that partners with both the Veteran and employer to certify and leverage Veteran Tax Credits, part of the Work Opportunity Tax Credits (WOTC) program, are excited to announce their new partnership.

Through the partnership, the two organizations will continue to promote the benefits of hiring highly-skilled Veterans and supporting Veteran-owned businesses, while educating both Veterans and employers on the benefits available to them through the WOTC, which gives employers up to $9600 per Veteran hired to reinvest back into their business.

“Re4ormed is excited to partner with VTC to help deliver their unique service that empowers job-seeking veterans and brings value to the businesses that hire them. We serve the ecosystem of veteran-owned and military-spouse owned businesses and are eager to build partnerships with like-minded businesses, like VTC, to deliver value back into that ecosystem” said Mark Mhley, Founder and CEO of Re4ormed.

Re4ormed’s vision is to create a nationwide enterprise that connects veteran-owned and military spouse-owned businesses, corporate partners, and municipalities to deliver development assistance and affordable core tools to those entrepreneurs, enabling them to succeed.

“Veteran owned and military spouse owned businesses make a significant impact to our nation and the local economies they serve” said Craig Washburn, CEO, VTC Veteran Tax Credits. “We are so honored to partner with Re4ormed in its mission to serve these amazing companies with resources that allow them to grow and thrive.”

Veterans or companies interested in utilizing the services of either Veteran Tax Credits or Re4ormed can find out more through their respective websites, https://www.veterantaxcredits.com/ and https://re4ormed.com/

About VTC Veteran Tax Credits

VTC’s mission is to help both Veterans and employers leverage the Department of Labor’s Work Opportunity Tax Credit (WOTC) program. The program allows employers to benefit by selecting candidates from target groups, such as Veterans, disabled Veterans and other non-Veteran groups. Employers can earn up to $9600 per Veteran hired. Our team partners with both the Veteran and employer to connect, educate and create a successful outcome for all. In addition to the tax credit processing, VTC provides a way to source pre-certified Veterans. Over $1 billion in tax credits are dispersed each year by the WOTC program.

About Re4ormed

Re4ormed is a service-disabled veteran-owned business that serves the ecosystem of Veteran-owned and military-spouse-owned businesses. Through partnerships, they provide affordable tools that help those businesses become resilient, lean, and agile. Through decades of transformational experience in military aviation and special operations, they offer coaching and solutions to address the most pressing challenges in the corporate world. Through advocacy, they encourage and strengthen veteran and military-spouse led entrepreneurship in small business and startups.

VTC Veteran Tax Credits and Sales Platoon announce partnership

VTC Veteran Tax Credits, a national company that partners with both the Veteran and employer to certify and leverage Veteran Tax Credits, part of the Work Opportunity Tax Credits (WOTC) program and Sales Platoon, an Illinois-based company focused on sales training and placement for transitioning military service members, are excited to announce their new partnership.

Through the partnership, the two organizations will promote the benefits of hiring highly-skilled Veterans in order to increase the number of companies who hire them. Additionally, they will educate both Veterans and employers on the benefits available to them through the WOTC, which gives employers up to $9600 per Veteran hired to reinvest back into their business.

“Although we approach it from different angles, our missions are very much aligned – to transform the perception of our Veterans as a population in need, to one in demand.  Craig and his team at VTC Veteran Tax Credits, have streamlined a complicated system, simplifying the process for Veterans to certify their status and providing businesses with a streamlined platform to track and receive tax credits” said Raleigh Wilkins, Founder of Sales Platoon.

Sales Platoon’s unique boot-camp model combines 14 weeks of sales training and apprenticeship at no cost to the veteran, de-risking critical sales hires for participating companies.  VTC’s unique tax credit certification further reduces the cost basis for acquiring Sales Platoon’s talent, while also providing businesses access to VTC’s database of carefully curated prospective candidates across the full spectrum of military experience.

“Fully preparing our Veterans to enter the civilian workforce takes a team” said VTC’s CEO, Craig Washburn. “One of the most financially rewarding careers available to our transitioning leaders is the sales profession. I am so honored to be partnering with Sales Platoon in this endeavor. Another Veteran Owned Small Business giving back by preparing Veterans that want to enter the sales profession with the tools to not only succeed, but thrive!

Veterans or companies interested in utilizing the services of either Veteran Tax Credits or Sales Platoon can find out more through their respective websites, https://www.veterantaxcredits.com/   and https://www.salesplatoon.org/

 About VTC Veteran Tax Credits

VTC’s mission is to help both Veterans and employers leverage the Department of Labor’s Work Opportunity Tax Credit (WOTC) program. The program allows employers to benefit by selecting candidates from target groups, such as Veterans, disabled Veterans and other non-Veteran groups. Employers can earn up to $9600 per Veteran hired. Our team partners with both the Veteran and employer to connect, educate and create a successful outcome for all. In addition to the tax credit processing, VTC provides a way to source pre-certified Veterans. Over $1 billion in tax credits are dispersed each year by the WOTC program.

About Sales Platoon

Sales Platoon focuses on leveraging highly skilled, resilient, dedicated, adaptive and disciplined men and women from active duty military to a career in sales. Sales professionals with 20+ years of experience teach Veterans the skills necessary to thrive in a modern sales culture and speak the language of the business world in this highly customizable program. They have onboarded thousands of reps across a wide variety of industries.    

Their program enables trainees to perform at a higher level, ramp quicker and obtain quota faster by learning modern sales systems, techniques and processes. Sales Platoon provides candidate access to organizations seeking high-quality, high-potential sales talent. 

Veteran Service Organizations (VSOs) have been around for over 100 years, and many Veterans don’t realize all of the services they can receive through these organizations. VSOs can assist with various things including counseling, claims, benefits, transition assistance, career support, and free training programs, among many other types of aid.

The Funding Challenge for VSOs

The need for VSOs is as high as it ever has been, but the number of these organizations is declining. According to Task & Purpose, there are 41,000 Veteran Service Organizations in the United States, but that number has decreased from a high of 48,000 about a decade ago, mainly due to lack of funding. Giving to VSOs through corporate sponsorships and fundraising campaigns has been falling-off for the last 15 years. Philanthropy Journal noted that in a recent survey from  BDO Institute for Nonprofit Excellence, nearly half of nonprofits surveyed said that funding is at least a moderate challenge.

VTC’s Funding Solution

Veteran Tax Credits has a solution that can help! VTC’s nonprofit funding program for Veteran Support Organizations allows VSOs to leverage their existing relationships in the community and refer companies to us that need our help. VTC offers employers assistance with WOTC processing and access to an applicant tracking system, searchable Veteran database, and a job board. VTC’s services reduce the tax burden of our employer clients through qualified tax credits by hiring both Veteran and Non-Veteran candidates. Those dollar for dollar tax credits are returned to the company’s budget to help them grow.

The nonprofit will receive 10% of the revenue on the monthly subscription and tax credit processing fees that we earn from the referred company for as long as they are a client of VTC. It’s a win for the Veteran that gets hired. It’s a win for the referred employer. It’s ongoing funding for your VSO to help you continue to support the men and women who have served our country.

We would love to talk to you more about partnership and funding opportunities! Please contact us at https://www.veterantaxcredits.com/non-profit-funding-program/ to learn more.