The Middletown Athletic Boosters Club recently received notice that we now have 501(c)(3) status.    This status allows the club to be exempt from Federal income tax.  Of more importance, contributions to the club are deductible under section 170 of the Code.  The Club is also qualified to receive tax deductible bequests, devises, transfers or gifts under section 2055, 2106 or 2522 of the code.