The North Central Florida YMCA's Chapter 11 Reorganization case was filed on November 4, 2011, in the Northern District of Florida, Gainesville Division, Case Number 1:11-bk-10535-LMK.
Important Filed Documents
- Chapter 11 Petition and Schedules
- Chapter 11 Case Management Summary
Information for Members
The Y is open and all Northwood facilities are operational. All programs continue without interruption. The Y's plan for reorganization will result in a YMCA that is healthier and stronger than ever. Please see the main YMCA website for information about programs and facilities.
Director's letter to members regarding the reorganization case. 11-4-11.
Information for Creditors
Charitable Gift Receipts for Creditors
Any creditor who does not wish to go through the trouble of filing a claim may elect instead to receive a tax deductible charitable gift receipt in the amount of your claim.
The charitable gift receipt will be provided to you upon submission of a signed written statement by you, preferably on your letterhead, including the following:
[CREDITOR NAME HERE], on this [DATE HERE] day of December, 2011, hereby fully discharges the debt owed to it by the North Central Florida YMCA. Inc. in the amount of [$AMOUNT HERE] as a charitable contribution in support of the North Central Florida YMCA, Inc.'s reorganization efforts.
If you have already filed a claim and prefer not to continue with the proceedings, you may withdraw your claim, provide proof that the claim was withdrawn along with a written statement as indicated above, and the North Central Florida YMCA, Inc. will also issue a charitable gift receipt to you. For information and assistance regarding withdrawing your claim, contact Heather Sanders at 352-335-0400.
Note: this does not constitute and should not be taken as tax advice. The YMCA and its agents expressly disclaim any guarantee or representation about the taxable effects of this action. You should consult your tax advisor regarding any questions that you may have about the effect of this action.
Press
- Press Release regarding filing of the Reorganization case. 11-4-11.