Main Street Program

The Main Street Approach

In January 2021, DEA became a designated Main Street Community, joining 35 other Main Streets across Washington State. Washington Main Street helps communities revitalize the economy, appearance, and image of their downtown districts using the successful Main Street Approach, a comprehensive revitalization strategy built around a community’s unique heritage and attributes. The Main Street Approach has four focus areas, called the Four Points, which drive our revitalization efforts: Design, Economic Vitality, Organization, and Promotion.

 

Additional information about the Washington Main Street coordinating program can be found here.

Main Street Tax Credit Incentive Program

THIS SECTION IS FOR BUSINESSES AND MUNICIPALITIES INTERESTED IN THE MAIN STREET TAX CREDIT INCENTIVE PROGRAM. INDIVIDUALS AND BUSINESSES LOOKING TO MAKE A CHARITABLE DONATION CAN FIND MORE INFORMATION ABOUT OUR 501(C)(3), THE DOWNTOWN EVERETT PARTNERS, HERE.

 

View the downloadable Main Street Tax Credit Incentive Program info sheet here.

 

The Main Street Tax Credit Incentive Program provides a Business & Occupation (B&O) or Public Utility tax (PUT) credit for private contributions given to designated Washington Main Street Communities, including the Downtown Everett Association (DEA). To be eligible for the tax credit, businesses must register on the Department of Revenue (DOR) website to pledge their donation. Once your business’ donation request is approved by the Department of Revenue, you are eligible for a tax credit worth 75% of the contribution to the DEA. When you make a donation, 75% of your contribution is returned to you via B&O Tax credits the following year. Please contact your tax preparer for guidance. 

 

Registration for 2023 opens Monday, January 9. There is a state cap on the Main Street Tax Credit, so don’t delay in making your application!

 

Additional information, including a step-by-step guide to applying from the Department of Revenue, is available on the Washington Trust for Historic Preservation website.

 

Example:

Your 2023 contribution: $1,000 

= $750 2024 B&O Tax Credit

= $250 out-of-pocket donation

= $1,000 that supports downtown revitalization efforts

How do you actually get the tax credit?

A donation request must be submitted online through the DOR website, but don’t worry – it’s easy! Step-by-step instructions are available here.

 

Apply between January 9 and March 31 to guarantee your business will receive the credit. A limited number of credits will be released on April 3 but may run out quickly.

 

Once confirmed, the pledged amount must be paid in full to the Downtown Everett Association no later than November 1, 2023 to receive the tax credit in 2024. The donation can be spread out into multiple payments throughout the year.

 

Businesses must take the tax credit the year after the donation is made – the tax credit can’t be carried forward and there won’t be a refund for any credit above and beyond a business’ tax liability.

How to Donate

Payments to the Downtown Everett Association can be made by check. Online payment options are available upon request.

Donate by Mailed Check:

Downtown Everett Association

2707 Colby Ave, Suite F

Everett, WA 98201

 

Thank You to Our 2023 Main Street Sponsors

last updated 4/17/23

Benefactor – $25,000+

Coastal Community Bank

 
Visionary – $5,000+

Heritage Bank

Blume Keeney

Port of Everett

Wolfe Fire Protection
Wolfe Plumbing
Anderson Hunter Law Firm

Funko

Catalyst – $2,500-4,999

Puget Sound Energy
Peoples Bank
KRKO Radio / North Sound Media

 

Influencer – $1,000-2,499

Black Forest Mushrooms LLC

Dynamic Computing, Inc
Perteet, Inc.
Diamond Parking Services

Cafe Makario

Burkett’s Ltd

Goldfinch Brothers Inc.

 

Thank You to Our 2022 Main Street Sponsors

Benefactor – $25,000+

Coastal Community Bank

 
Visionary – $5,000+

Blume Keeney
Port of Everett
Priceless Granite
Erickson Furniture Co

Wolfe Plumbing

Funko

Anderson Hunter Law Firm

Judd & Black

Heritage Bank

Catalyst – $2,500-4,999

Gaffney Construction

Puget Sound Energy

KRKO/KXA North Sound Media

Peoples Bank
Narrative Coffee & Consulting

Burkett’s

Influencer – $1,000-2,499

Thompson Financial Services

Bayside Floor Supply

Screenprinting NW

Toggle’s Bottle Shop

Harmsen LLC

Aeromech Incorporated

Perteet

Thank You to Our 2021 Main Street Sponsors

Benefactor – $50,000+

Coastal Community Bank


Visionary – $5,000+

Heritage Bank

Peoples Bank

Funko

Catalyst – $2,500-4,999

Narrative Coffee

 

Influencer – $1,000-2,499

Peoples Bank