Nonprofit · EIN 84-1133782
INDEPENDENCE PASS FOUNDATION
Tax-exempt · ASPEN, CO 81612
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $498,572 | $314,029 | $184,543 | $1,191,095 | $816 | $1,190,279 |
| December 31, 2024 | 990 | $393,706 | $303,055 | $90,651 | $1,008,960 | $0 | $1,008,960 |
| December 31, 2023 | 990 | $345,874 | $244,371 | $101,503 | $911,911 | $0 | $911,911 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $431,049
- of which government grants
- $38,400
- Program service revenue
- $20,311
- Investment income
- $43,420
- Net income from sales of inventory
- $3,792
- Other revenue
- $3,792
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $128,451
- Other salaries and wages
- $16,493
- Salaries, compensation and benefits (total)
- $159,885
- Professional fundraising fees
- $0
- Accounting fees
- $12,493
- Occupancy
- $5,806
- Travel
- $10,446
- Depreciation
- $9,186
- Program services (functional)
- $250,904
- Management and general (functional)
- $39,079
- Fundraising (functional)
- $24,046
Balance sheet and other
- Total assets, start of year
- $1,008,960
- Total assets, end of year
- $1,191,095
- Total liabilities, end of year
- $816
- Net assets, end of year
- $1,190,279
- Land, buildings and equipment
- $20,668
- Net assets without donor restrictions
- $1,190,279
- Gross receipts
- $498,572
- Employees
- 2
- Volunteers
- 160
- Year formed
- 1989
- State of legal domicile
- CO
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARIN TEAGUE | EXECUTIVE DIRECTOR Officer | 40 | $128,451 |
| ADAM MCCURDY | PRESIDENT Trustee or director, Officer | 3 | $0 |
| ALYCIN BEKTESH | DIRECTOR Trustee or director | 1 | $0 |
| ANN MULLINS | CO-TREASURER Trustee or director, Officer | 2 | $0 |
| ARTHUR BOOTS FERGUSON | DIRECTOR Trustee or director | 1 | $0 |
| BILL GRUENBERG | CO-TREASURER Trustee or director, Officer | 2 | $0 |
| BOB WADE | DIRECTOR Trustee or director | 1 | $0 |
| BUZZ PATTEN | DIRECTOR Trustee or director | 1 | $0 |
| HALEY HART | SECRETARY Trustee or director, Officer | 2 | $0 |
| KEVIN GILES | DIRECTOR Trustee or director | 1 | $0 |
| KRISTEN HENRY | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| NIKA MEYERS | DIRECTOR Trustee or director | 1 | $0 |
| SHELLY GRAIL BRAUDIS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARIN TEAGUE | EXECUTIVE DIRECTOR Officer | 40 | $126,393 |
| ADAM MCCURDY | DIRECTOR Trustee or director | 1 | $0 |
| ANN MULLINS | CO-TREASURER Trustee or director, Officer | 2 | $0 |
| ARTHUR BOOTS FERGUSON | PRESIDENT Trustee or director, Officer | 3 | $0 |
| BILL GRUENBERG | CO-TREASURER Trustee or director, Officer | 2 | $0 |
| BOB WADE | DIRECTOR Trustee or director | 1 | $0 |
| BRANDON COOPER | DIRECTOR Trustee or director | 1 | $0 |
| EMILY MAYNARD | SECRETARY Trustee or director, Officer | 2 | $0 |
| GAIL HOLSTEIN | DIRECTOR Trustee or director | 1 | $0 |
| HALEY HART | DIRECTOR Trustee or director | 1 | $0 |
| JAMES PETERSON | DIRECTOR Trustee or director | 1 | $0 |
| JIM STARK | DIRECTOR Trustee or director | 1 | $0 |
| KEVIN GILES | DIRECTOR Trustee or director | 1 | $0 |
| KRISTEN HENRY | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| LIZA MITCHELL | DIRECTOR Trustee or director | 1 | $0 |
| SHELLY GRAIL BRAUDIS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARIN TEAGUE | EXECUTIVE DIRECTOR Officer | 40 | $119,602 |
| ARTHUR BOOTS FERGUSON | PRESIDENT Trustee or director, Officer | 4 | $0 |
| BILL GRUENBERG | CO-TREASURER Trustee or director, Officer | 3 | $0 |
| GAIL HOLSTEIN | DIRECTOR Trustee or director | 2 | $0 |
| ADAM MC CURDY | DIRECTOR Trustee or director | 2 | $0 |
| JAMES PETERSON | DIRECTOR Trustee or director | 2 | $0 |
| JIM STARK | DIRECTOR Trustee or director | 2 | $0 |
| BOB WADE | DIRECTOR Trustee or director | 2 | $0 |
| BRANDON COOPER | DIRECTOR Trustee or director | 2 | $0 |
| LIZA MITCHELL | DIRECTOR Trustee or director | 2 | $0 |
| KRISTEN HENRY | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| ANN MULLINS | CO-TREASURER Trustee or director, Officer | 3 | $0 |
| EMILY MAYNARD | SECRETARY Trustee or director, Officer | 3 | $0 |
| HALEY HART | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1700, ASPEN, CO 81612-1700
- Principal officer (990 for 2025)
- KARIN TEAGUE, PO BOX 1700, ASPEN, CO 81612
- Signed the 990
- KARIN TEAGUE, EXECUTIVE DIRECTOR
- Phone
- (970) 274-9690
- Website
- WWW.INDEPENDENCEPASS.ORG
- Return prepared by
- REESE HENRY & COMPANY INC
Mission
THE MISSION OF THE INDEPENDENCE PASS FOUNDATION IS TO RESTORE AND PROTECT THE ECOLOGICAL, HISTORICAL, AND AESTHETIC INTEGRITY OF THE INDEPENDENCE PASS CORRIDOR AND TO ENCOURAGE STEWARDSHIP, SAFETY AND APPRECIATION OF THE PASS.
Program accomplishments
- AS A VOLUNTEER AND PARTNER-DRIVEN NON-PROFIT, STAFF SPENDS A GREAT DEAL OF TIME ORGANIZING, TRAINING, AND WORKING WITH VOLUNTEERS, INCLUDING SCHOOLS, YOUTH GROUPS, RECOVERY CENTERS, INMATES, COMMUNITY MEMBERS, AND OTHER NON-PROFIT AND GOVERNMENT AGENCY PERSONNEL AND VOLUNTEERS. THESE PARTNERS AND VOLUNTEERS HELP US ACCOMPLISH MANY TIMES THE RESTORATION WORK WE COULD OTHERWISE ACCOMPLISH WITH JUST ONE FULL-TIME STAFF MEMBER.Expenses $250,904 · revenue $24,103
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-1133782
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Unknown (Z99Z)
- Assets (IRS master file)
- $1,191,095
- Income (IRS master file)
- $498,572
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $498,572 | $314,029 | $1,191,095 | XML |
| 990 | December 2024 | $393,706 | $303,055 | $1,008,960 | IRS |
| 990 | December 2023 | $345,874 | $244,371 | $911,911 | XML |
| 990 | December 2022 | $317,533 | $237,444 | $802,718 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 84-1133782).
Questions about INDEPENDENCE PASS FOUNDATION
- What is the EIN of INDEPENDENCE PASS FOUNDATION?
- The employer identification number (EIN) of INDEPENDENCE PASS FOUNDATION is 84-1133782.
- Is INDEPENDENCE PASS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to INDEPENDENCE PASS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INDEPENDENCE PASS FOUNDATION 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 INDEPENDENCE PASS FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDEPENDENCE PASS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INDEPENDENCE PASS FOUNDATION?
- The 990 for the year ended December 31, 2025 names KARIN TEAGUE.
- Who are the officers and directors of INDEPENDENCE PASS FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $128,451 (KARIN TEAGUE, EXECUTIVE DIRECTOR).
- How much revenue does INDEPENDENCE PASS FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $498,572, expenses of $314,029 and total assets of $1,191,095 at year end.
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