On April 26, 2016, I received this short message from Jim Paynton. His words best describe the action:
Dear Directors, It is my pleasure to share with you the contents of a letter received from the IRS today. "We're pleased to tell you we determined you are exempt from federal income tax under Internal Revenue Code Section 501(c)(3)." It has been a long road, but the CYA is now officially a tax-exempt organization. Thank you to Ann Hay, John Di Lillo, and the rest of the committee for their diligence and patience, and to our Directors for believing in this endeavor. I will share the full contents of the letter with all of you shortly, but wanted to share this important news immediately.
- Jim Paynton, Executive Treasurer
Untold hours were spent and many years of discussion. We are all hopeful that the new ruling will aid our organization to better support our members and the communities in which we live. -Ken Meyer, CYA Commodore