No - to qualify under the exemption from Part 107 you have to fly under a CBO set of rules.
You certainly can start your own:
AC 91-57C
3.1 Community-Based Organization (CBO).
3.1.1 A CBO is defined in 49 U.S.C. § 44809(h) as a membership-based association entity that meets all of the following criteria:
“(1) is described in section 501(c)(3) of the Internal Revenue Code of 1986;
(2) is exempt from tax under section 501(a) of the Internal Revenue Code of 1986;
(3) the mission of which is demonstrably the furtherance of model aviation;
(4) provides a comprehensive set of safety guidelines for all aspects of model aviation addressing the assembly and operation of model aircraft and that emphasize safe aeromodelling operations within the national airspace system and the protection and safety of individuals and property on the ground, and may provide a comprehensive set of safety rules and programming for the operation of unmanned aircraft that have the advanced flight capabilities enabling active, sustained, and controlled navigation of the aircraft beyond visual line of sight of the operator;
(5) provides programming and support for any local charter organizations, affiliates, or clubs; and
(6) provides assistance and support in the development and operation of locally designated model aircraft flying sites.”
3.2 Applying for CBO Recognition. An organization requesting CBO recognition must provide all the documentation and information necessary to demonstrate compliance with the statutory requirements of 49 U.S.C. § 44809(h). See paragraph 3.1.1 above for a listing of those requirements. See paragraph 3.4 for further guidance on the development of safety guidelines for CBO recognition. When submitting a CBO recognition application, the applicant should provide a point of contact for the CBO whom the FAA may contact to request additional information. The FAA estimates that it may take up to 90 days to process requests for recognition. All documentation and information should be submitted via the FAADroneZone website at
FAADroneZone.
3.2.1 The FAA will recognize as a CBO an applicant that submits documentation establishing compliance with 49 U.S.C. § 44809(h). The FAA will issue a letter of recognition to the CBO evidencing the organization’s status as a recognized CBO and maintain a list of recognized CBOs at
Recreational Flyers & Modeler Community-Based Organizations. If the FAA discovers that a recognized CBO no longer meets the requirements of 49 U.S.C. § 44809(h), the FAA will notify the CBO of the deficiency. If the CBO is unable to meet the requirements of § 44809(h) after such notification, the FAA has the authority to issue a letter of rescission and remove the CBO’s name from the website. Letters of CBO denial or rescission will include a notification of appeal rights available to the CBO.