2025-11-17T07:28:16-06:00 2024-12-31 030327374 MCSOLEY MCCOY & CO 118 TILLEY DRIVE STE 202 SOUTH BURLINGTON VT 05403 990 2024-01-01 203185903 SPRUCE PEAK RESORT ASSOCIATION INC SPRU 8022533701 7320 MOUNTAIN ROAD STOWE VT 05672 KENDAL DAIGER TREASURER 8022533701 2025-11-14 1 0 CONNIE FELLION P01875413 8026581808 2025-11-13 2024 2025-03-06 01:10:19Z SAMUEL P GAINES 7320 MOUNTAIN ROAD STOWE VT 05672 2291102 0 X N/A X 2005 VT FACILITATE EVENTS WITH THE RESORT COMMUNITY OF THE SPRUCE PEAK IN STOWE, VERMONT. 3 0 0 0 0 0 0 0 1614893 2163346 6399 77756 50000 50000 1671292 2291102 0 0 0 0 80415 76064 0 0 0 1284643 1568095 1365058 1644159 306234 646943 3226251 3790729 252977 166903 2973274 3623826 THE ORGANIZATION'S EXEMPT PURPOSE IS TO ORGANIZE, PROMOTE AND/OR FACILITATE THE OCCURRENCE OF EVENTS AND ATTRACTIONS AT VENUES WITH THE RESORT COMMUNITY OF THE SPRUCE PEAK IN STOWE, VERMONT. 0 0 1082637 2213346 THE ASSOCIATION PROVIDED VARIOUS PROGRAMS AND EVENTS TO EDUCATE ON THE STATE OF LOCAL AREA SKI INDUSTRY, OR THE PROTECTION AND PRESERVATION OF THE ENVIRONMENT. 1082637 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 0 1 0 0 0 0 1 1 1 1 0 0 1 0 0 0 0 0 0 X SPRUCE PEAK RESORT ASSOCIATION 8022533701 7320 MOUNTAIN ROAD STOWE VT 05672 SAM GAINES PRESIDENT 1.00 X X 0 639946 25223 ADELE WALKER TREASURER (END 2024) 2.00 X X 0 0 0 ELIZABETH MOEYKENS VP/SECRETARY 1.00 X X 0 190840 25223 0 830786 50446 0 0 1 0 0 ACTIVITIES TRANSFER FE 900099 2163346 2163346 2163346 77756 77756 QUALIFIED SPONSORSHIPS 900099 50000 50000 50000 2291102 2163346 0 127756 X 76064 76064 26250 26250 5800 5800 404945 93530 311415 85660 85660 SPECIAL EVENTS 531898 531898 PROGRAMS AND EVENTS 170116 170116 SPRUCE PEAK OUTFITTERS 97814 97814 LODGING 64896 64896 180716 124383 56333 1644159 1082637 561522 0 531147 246785 1607919 1689283 83155 292290 17750 0 1491342 803600 417553 687742 568727 874629 3226251 3790729 252977 166903 252977 166903 X 2973274 3623826 2973274 3623826 3226251 3790729 646943 3609 0 X 0 1 X 1 0 1491342 803600 687742 687742 ATF ROOMS REVENUE 874629 874629 X 2294711 3609 3609 2291102 0 2291102 1644159 0 1644159 0 1644159 PART X, LINE 2: FASB ASC 740, INCOME TAXES, PROHIBITS THE RECOGNITION OF A BENEFIT FOR A TAX PROVISION UNLESS THE ASSOCIATION BELIEVES IT IS MORE-LIKELY-THAN-NOT THAT THIS POSITION WILL PREVAIL. IT ALSO LIMITS THE AMOUNT OF THE BENEFIT RECOGNIZED TO THE LARGEST AMOUNT FOR WHICH THE ASSOCIATION BELIEVES THE LIKELIHOOD OF REALIZATION IS GREATER THAN 50%. MANAGEMENT BELIEVES THERE ARE NO UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2024. THE ASSOCIATION ANTICIPATES THAT IT WILL NOT HAVE A CHANGE IN UNRECOGNIZED TAX BENEFITS DURING THE NEXT TWELVE MONTHS THAT WOULD HAVE A MATERIAL IMPACT ON THE ASSOCIATION'S FINANCIAL STATEMENTS. IF NECESSARY, THE ASSOCIATION WOULD ACCRUE INTEREST AND PENALTIES ON UNCERTAIN TAX POSITIONS AS A COMPONENT OF THE PROVISION FOR INCOME TAXES. THE ASSOCIATION IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE THE YEAR ENDED DECEMBER 31, 2021. 0 0 0 SAM GAINES PRESIDENT 0 639946 0 0 0 0 0 0 0 25223 0 665169 0 0 ELIZABETH MOEYKENS VP/SECRETARY 0 190840 0 0 0 0 0 0 0 25223 0 216063 0 0 SPRUCE PEAK REALTY LLC RELATED ENTITY 238480 MANAGEMENT, MARKETING, AND EVENT ADMINISTRATIVE SERVICES. 0 FORM 990, PART VI, SECTION A, LINE 2 SPRUCE PEAK REALTY THE "DECLARANT" APPOINTS ALL DIRECTORS OF SPRUCE PEAK RESORT ASSOCIATION AND IS ACTIVELY INVOLVED IN THE MANAGEMENT OF THE RESORT. ADDITIONALLY, SAM GAINES IS AN AUTHORIZED AGENT FOR SPRUCE PEAK REALTY. FORM 990, PART VI, SECTION A, LINE 7A SPRUCE PEAK REALTY THE "DECLARANT" APPOINTS ALL DIRECTORS OF SPRUCE PEAK RESORT ASSOCIATION AND IS ACTIVELY INVOLVED IN THE MANAGEMENT OF THE RESORT. ADDITIONALLY, SAM GAINES IS AN AUTHORIZED AGENT FOR SPRUCE PEAK REALTY. FORM 990, PART VI, SECTION A, LINE 7B SPRUCE PEAK REALTY THE "DECLARANT" APPOINTS ALL DIRECTORS OF SPRUCE PEAK RESORT ASSOCIATION AND IS ACTIVELY INVOLVED IN THE MANAGEMENT OF THE RESORT. ADDITIONALLY, SAM GAINES IS AN AUTHORIZED AGENT FOR SPRUCE PEAK REALTY. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDES A DRAFT OF THE 990 TO THE GOVERNING BODY FOR REVIEW. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS WOULD BE AVAILABLE FOR REVIEW AT OFFICE OF THE ORGANIZATION FOR REVIEW UPON REQUEST. FORM 990, PART IX, LINE 24E WINTER RECREATION/MOUNTAIN COURSES : PROGRAM SERVICE EXPENSES 60,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 60,000. PUBLIC RELATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 33,439. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,439. COMMUNITY WEBSITE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 26,250. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,250. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 22,478. MANAGEMENT AND GENERAL EXPENSES -3,356. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,122. ENTERTAINMENT: PROGRAM SERVICE EXPENSES 17,230. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,230. FARMERS MARKET: PROGRAM SERVICE EXPENSES 13,030. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,030. SIGNAGE: PROGRAM SERVICE EXPENSES 11,645. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,645. SPRUCE PEAK REALTY LLC 7320 MOUNTAIN ROAD STOWE VT 05672 141876993 RESORT DEVELOPMENT DE 0 0 SPRUCE PEAK MASTER OWNERS' ASSOCIATION INC 7320 MOUNTAIN ROAD STOWE VT 05672 020716869 MASTER ASSOCIATION VT N/A C 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0