Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 20-3185903

SPRUCE PEAK RESORT ASSOCIATION INC

Tax-exempt · STOWE, VT 05672

Financials

$1.7M$1.4M2023$2.3M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of SPRUCE PEAK RESORT ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,291,102$1,644,159$646,943$3,790,729$166,903$3,623,826
December 31, 2023990$1,671,292$1,365,058$306,234$3,226,251$252,977$2,973,274
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,163,346
Investment income
$77,756
Other revenue
$50,000

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$76,064
Salaries, compensation and benefits (total)
$76,064
Professional fundraising fees
$0
Accounting fees
$5,800
Depreciation
$85,660
Program services (functional)
$1,082,637
Management and general (functional)
$561,522

Balance sheet and other

Total assets, start of year
$3,226,251
Total assets, end of year
$3,790,729
Total liabilities, end of year
$166,903
Net assets, end of year
$3,623,826
Land, buildings and equipment
$687,742
Net assets without donor restrictions
$3,623,826
Gross receipts
$2,291,102
Employees
0
Volunteers
0
Year formed
2005
State of legal domicile
VT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SAM GAINESPRESIDENT
Trustee or director, Officer
1$0$639,946$25,223
ELIZABETH MOEYKENSVP/SECRETARY
Trustee or director, Officer
1$0$190,840$25,223
ADELE WALKERTREASURER (END 2024)
Trustee or director, Officer
2$0$0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SAM GAINESPRESIDENT
Trustee or director, Officer
1$0$552,651$23,371
ELIZABETH MOEYKENSVP/SECRETARY
Trustee or director, Officer
1$0$144,326$23,371
ADELE WALKERTREASURER
Trustee or director, Officer
2$0$122,211$0

Address and contacts

Address (IRS master file)
7320 MOUNTAIN RD, STOWE, VT 05672-5103
In care of
% WALTER FRAME
Principal officer (990 for 2024)
SAMUEL P GAINES, 7320 MOUNTAIN ROAD, STOWE, VT 05672
Signed the 990
KENDAL DAIGER, TREASURER
Phone
(802) 253-3701
Return prepared by
MCSOLEY MCCOY & CO

Mission

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.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $1,082,637 · revenue $2,213,346

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-3185903
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,790,729
Income (IRS master file)
$2,291,102

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,291,102$1,644,159$3,790,729XML
990December 2023$1,671,292$1,365,058$3,226,251XML
990December 2022$2,165,420$1,045,456$3,028,820IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3185903).

Questions about SPRUCE PEAK RESORT ASSOCIATION INC

What is the EIN of SPRUCE PEAK RESORT ASSOCIATION INC?
The employer identification number (EIN) of SPRUCE PEAK RESORT ASSOCIATION INC is 20-3185903.
Is SPRUCE PEAK RESORT ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2007.
Are donations to SPRUCE PEAK RESORT ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SPRUCE PEAK RESORT ASSOCIATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SPRUCE PEAK RESORT ASSOCIATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SPRUCE PEAK RESORT ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SPRUCE PEAK RESORT ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names SAMUEL P GAINES.
Who are the officers and directors of SPRUCE PEAK RESORT ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does SPRUCE PEAK RESORT ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,291,102, expenses of $1,644,159 and total assets of $3,790,729 at year end.

Other nonprofits in STOWE

All nonprofits in STOWE · Vermont · Recreation and sports