Modell’s Commitment to Community Spurs Job Creation and Investment in Harlem

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With a focus on job creation and promotion of investment in local communities, Modell's utilizes the expertise of national tax credit consultant, Walton Management Services, in processing federal hiring tax credits.

Modell’s has utilized the services of Walton Management Services for the past six years in processing the Work Opportunity Tax Credit Program and Empowerment Zone employment credits for Modell’s, and we would not have been able to achieve the results we have on these programs without their expertise.

Modell’s, the oldest sporting goods store in North America, has stimulated job creation and investment to the local community with its presence at 125thStreet, New York. With a strong New York history, Modell’s opened its first store on Cortland Street in lower Manhattan. Founded in 1889 by Morris A. Modell, Modell’s continues its commitment to New York by supplying jobs to local Empowerment Zone residents in Harlem.

“Modell’s has deep roots in New York, and it’s our commitment to not only design the store to the community, but to also create value to the area by supplying jobs to local residents, through successful Federal programs such as the Work Opportunity Tax Credit Program and the Federal Empowerment Zone Program,” said Tom Tilley, Senior Vice President of Modell’s.

Tilley added, “Modell’s has utilized the services of Walton Management Services for the past six years in processing the Work Opportunity Tax Credit Program and Empowerment Zone employment credits for Modell’s, and we would not have been able to achieve the results we have on these programs without their expertise.”

“This store presence has allowed Walton to put its best practices into action for Modell’s,” said Gary Smith, Vice President of Walton Management Services, a national tax credit and incentive firm based in New Jersey. “With a focus on job creation and promotion of investment in local communities, it’s government incentive programs such as the Federal Work Opportunity Tax Credit Program and the Federal Empowerment Zone Program that enable a collaborative win-win partnership for Modell’s, the local community, and the state and city officials of New York.”

Currently Modell’s operates 144 stores mainly in New York, New Jersey, and Pennsylvania. In recent years, Modell’s has begun to expand to Delaware, Maryland, Virginia, and the District of Columbia as well as Connecticut, Massachusetts, New Hampshire, and Rhode Island.

About Modell’s Sporting Goods:
Modell's Sporting Goods is the nation's oldest, family-owned and operated, retailer of sporting goods, sporting apparel, menswear and brand name athletic footwear. Under the name of Modell's Sporting Goods, Henry Modell & Company, Inc. and its affiliates, the company operates 144 stores throughout New York, New Jersey, Pennsylvania, Connecticut, Delaware, Maryland, Massachusetts, New Hampshire, and Virginia, Rhode Island, and the District of Columbia. Modell's, founded in 1889 by Morris A. Modell, had its first store located on Cortland Street in lower Manhattan. Four generations of the Modell family have developed the family business into a chain of stores located in the northeast.

About Walton Management Services, Inc.:
Walton Management Services, Inc. (WMS), with offices in Ocean, NJ, the Washington, DC metropolitan area, Tampa, FL, Phoenix, AZ, and Ontario, Canada, is an independent national tax consulting firm that secures and administers government credits and incentives for clients, thereby improving their financial performance and reducing their effective tax rate. Serving the Fortune 50 to small and mid-size companies, WMS identifies and administers opportunities including: Work Opportunity Tax Credits, other hiring credits; incentives related to Federal Empowerment Zones, State Enterprise Zones, State Point of Hire Credits, Training Grants, Sales & Use Tax Recoveries, Sellable Tax Credits, and Cost Segregation. The Firm also provides location advisory services and I-9 Employment Verifications. Additional information is available at http://www.waltonmanagement.com or 1-800-221-0832.

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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Donna Mason
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