501(c)(3) Status Granted

Our long wait is over – the IRS has officially granted us status as a tax-exempt organization under 501(c)(3) of the Internal Revenue Code. We have been operating under the provisions of this code since the Class incorporated, so there will be no changes caused by the IRS making it official.

Our members and any individuals or corporations who donate money may now deduct those donations from their taxes as well.

The tax filing date for not-for-profits is May 15; we will have our return for 2012 posted shortly after that.

-PM