Crotched Mountain Foundation

“Benjamin Gayman and Jonathan Sparkman have a business relationship.”

“Governing body decisions related to election of new directors must be approved by the Board of Trustees.”

“It is the Board's intent to review the 2021 Form 990 before it is filed. The Form 900 will be sent to all board members via post mail, or email.”

“The Board of Directors follows the requirements of New Hampshire state law in respect to disclosure, evaluation, approval and reporting of business transactions between officers and directors of the corporation. The Secretary of the Board conducts an annual survey of Board Members and officers requiring written disclosure of related party transactions. Transactions in excess of $500 involving Board Members and officers are reported to the Board, evaluated for fairness and best interests of the corporation and then considered for approval by disinterested members of the Board. A 2/3 majority vote is required for approval. Any transactions that are approved in excess of $5,000 are published in a newspaper of general circulation. A written report of transactions is sent to the New Hampshire Attorney General and records are maintained at the office of the corporation, available for public inspection.”

“The Board of Directors approve the CEO's compensation annually. They request information from compensation consultants and review other market data. For other officers, and key employees, the Human Resource director reviews market data in order to set salary ranges. The HR director and the CEO determine compensation.”

“The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Crotched Mountain Foundation began the CMFkids grant program to elevate and build special education capacity in public schools for children with complex needs who reside in economically disadvantaged communities within NH.”

“Other Fees: Program service expenses 239,544. Management and general expenses 85,551. Fundraising expenses 17,110. Total expenses 342,205.”

“Section 1.263(a)-3(n) Election: Crotched Mountain Foundation 186 Granite Street Suite 3c Manchester, NH 03101 EIN 02-0222168 Crotched Mountain Foundation is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).”

“Change in Perpetual Trusts -1,087,298. Change in Split Interest Agreements -49,005. Assistance to Related Organizations -17,103. Transfer of Net Assets from CMRS II, Inc. 1,597,834.”