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Nonprofit · EIN 82-1194722

PROSPECT MOUNTAIN ASSOCIATION INC

Tax-exempt · BENNINGTON, VT 05201

Financials

$554K$360K2022$473K$455K2023$755K$610K2024
Revenue Expenses · by fiscal year end
Financials of PROSPECT MOUNTAIN ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$754,505$609,963$144,542$2,461,154$2,192$2,458,962
September 30, 2024990$473,412$454,716$18,696$2,314,420$0$2,314,420
September 30, 2023990$554,024$360,431$193,593$2,300,883$1,784$2,299,099
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$121,290
of which government grants
$5,000
Program service revenue
$455,070
Investment income
$24,059
Net rental income
$43,791
Net income from sales of inventory
$110,295
Other revenue
$154,086

Expenses

Grants and similar amounts paid
$500
Compensation of officers, directors and key employees
$62,403
Other salaries and wages
$140,351
Salaries, compensation and benefits (total)
$231,790
Professional fundraising fees
$0
Accounting fees
$4,039
Occupancy
$71,300
Depreciation
$186,772
Program services (functional)
$593,630
Management and general (functional)
$16,333

Balance sheet and other

Total assets, start of year
$2,314,420
Total assets, end of year
$2,461,154
Total liabilities, end of year
$2,192
Net assets, end of year
$2,458,962
Land, buildings and equipment
$1,696,418
Gross receipts
$798,561
Employees
12
Volunteers
25
Year formed
2017
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
STEVE WHITHAMDirector
Trustee or director
40$61,590
DAVID DETHIERDirector
Trustee or director
2$0
BRAD DEBOERDirector
Trustee or director
2$0
STEPHEN MONSULICKDirector
Trustee or director
2$0
LISA MELENDYDirector
Trustee or director
0$0
CHRIS WINTERSDirector
Trustee or director
2$0
DAVID NEWELLPresident
Officer
2$0
LEWIS FISHERVice President
Officer
2$0
AMIE SMITHSecretary
Officer
2$0
STEVE FOGELTreasurer
Officer
2$0
990 for the year ended September 30, 2024: 10 people
NameTitleHours / weekCompensation
STEVE WHITHAMDirector
Trustee or director
40$61,464
DAVID DETHIERDirector
Trustee or director
2$0
BRAD DEBOERDirector
Trustee or director
2$0
STEPHEN MONSULICKDirector
Trustee or director
2$0
LISA MELENDYDirector
Trustee or director
0$0
CHRIS WINTERSDirector
Trustee or director
2$0
DAVID NEWELLPresident
Officer
2$0
LEWIS FISHERVice President
Officer
2$0
AMIE SMITHSecretary
Officer
2$0
STEVE FOGELTreasurer
Officer
2$0
990 for the year ended September 30, 2023: 10 people
NameTitleHours / weekCompensation
STEVE WHITHAMDirector
Trustee or director
40$53,000
DAVID DETHIERDirector
Trustee or director
2$0
BRAD DEBOERDirector
Trustee or director
2$0
STEPHEN MONSULICKDirector
Trustee or director
2$0
LISA MELENDYDirector
Trustee or director
0$0
CHRIS WINTERSDirector
Trustee or director
2$0
DAVID NEWELLPresident
Officer
2$0
LEWIS FISHERVice President
Officer
2$0
AMIE SMITHSecretary
Officer
2$0
STEVE FOGELTreasurer
Officer
2$0

Address and contacts

Address (IRS master file)
PO BOX 4444, BENNINGTON, VT 05201-4444
In care of
% JONATHAN COHEN
Principal officer (990 for 2024)
DAVID NEWELL, 116 SOUTH STREET, BENNINGTON, VT 05201
Signed the 990
DAVID, NEWELL
Phone
(802) 442-2575
Return prepared by
ERIC J JOHNSON CPA PC

Mission

THE CORPORATION'S PURPOSE IS TO SUPPORT COMMUNITY HEALTH AND WELLBEING BY PROVIDING GROOMED CROSS-COUNTRY SKI TRAILS AND PROGRAMS FOR A DIVERSE POPULATION IN THE SOUTHERN VERMONT AND WESTER MASSACHUSETTS COMMUNITIES, AND TO PROMOTE AND DEVELOP TEH SPORT OF CROSS-COUNTRY SKIING THROUGH RELATED EDUCATIONAL ACTIVITIES FOR SUCH COMMUNITIES. THE CORPORATION IS A CHARITABLE ORGANIZATION ORGANIZED FOR CHARITABLE AND EDUCATIONAL PURPOSES AS SPECIFIED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW.)

990 for the year ended September 30, 2025

Program accomplishments

  • CROSS-COUNTRY SKI TRAILS AND PROGRAMS
    Expenses $593,630 · grants $5,000

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
82-1194722
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,461,154
Income (IRS master file)
$798,561

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$754,505$609,963$2,461,154XML
990September 2024$473,412$454,716$2,314,420XML
990September 2023$554,024$360,431$2,300,883XML
990September 2022$1,080,365$290,917$2,108,013IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 82-1194722).

Questions about PROSPECT MOUNTAIN ASSOCIATION INC

What is the EIN of PROSPECT MOUNTAIN ASSOCIATION INC?
The employer identification number (EIN) of PROSPECT MOUNTAIN ASSOCIATION INC is 82-1194722.
Is PROSPECT MOUNTAIN ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to PROSPECT MOUNTAIN ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PROSPECT MOUNTAIN 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 PROSPECT MOUNTAIN ASSOCIATION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PROSPECT MOUNTAIN ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of PROSPECT MOUNTAIN ASSOCIATION INC?
The 990 for the year ended September 30, 2025 names DAVID NEWELL.
Who are the officers and directors of PROSPECT MOUNTAIN ASSOCIATION INC?
The 990 for the year ended September 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $61,590 (STEVE WHITHAM, Director).
How much revenue does PROSPECT MOUNTAIN ASSOCIATION INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $754,505, expenses of $609,963 and total assets of $2,461,154 at year end.

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