KCUSA Now Tax Exempt

501c3After several years of effort, KCUSA is now tax exempt.

As of a letter dated July 18, 2014, the IRS now recognizes KCUSA as a tax-exempt nonprofit organization under IRC (Internal Revenue Code) Section 501(c)(3).

The club is now exempt from federal income tax and gifts to the club are tax deductible.

In addition, KCUSA has been classified as a “Public Charity.”

In a nice twist, the letter stated that KCUSA’s tax exempt status has been back dated effective from December 17, 2012. This is when KCUSA was originally incorporated. So, for example, any gift given since that date, including a recent anonymous gift to the club of $1,000, would be tax deductible.

Club President, Jac Knoop, noted that 43 pages of paperwork were submitted when the club applied for federal tax exemption. In spite of all the required documentation, he said that it was worth applying when the club is small and not yet turning over much money.
However, we are doing a lot of work, he said, and “growing by leaps and bounds.” As “teaching people about the kooikerhondje is the reason for the club,” he went on, having a tax-exempt status, in the same way that many schools do, is appropriate.

Known as a person who keeps an eye on the future, Jac then said, characteristically, that the club now has their next goal in sight: to gain state exemption from taxes.