Civic Intelligence

Durango Mountain Master Association Inc

990 • Fiscal year 2024 • EIN 84-0927385

May 01, 2023 to Apr 30, 2024 • Filed on Oct 18, 2024

Organization Profilewww.thedmma.com
PO Box 4314Durango, CO 81302

(970) 426-7220

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

45th percentile

0.05x

Higher debt load relative to assets than 45% of similar nonprofits.

2024 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

47th percentile

0.10x

Higher debt load relative to revenue than 47% of similar nonprofits.

2024 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2024

Net Margin

63rd percentile

18%

Higher net margin than 63% of similar nonprofits.

2024 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

43rd percentile

$0

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2024

Asset Growth

65th percentile

12%

Faster asset growth than 65% of similar nonprofits.

2024 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

7.6%

Faster revenue growth than 45% of similar nonprofits.

2024 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets45th percentile

Assets

Up

$5,957,731

Up $624,834 (+12%) from 2023

Net Assets

Up

$5,665,467

Up $533,084 (+10%) from 2023

Liabilities

Up

$292,264

Up $91,750 (+46%) from 2023

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin63rd percentile

Revenue

Up

$3,023,008

Up $212,689 (+7.6%) from 2023

Expenses

Down

$2,489,924

Down $99,886 (-3.9%) from 2023

Net Income

Up

$533,084

Up $312,575 (+142%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2015: $4,152,936Liabilities 2015: $3,382,465Net Assets 2015: $770,4712015Assets 2016: $3,554,161Liabilities 2016: $2,768,270Net Assets 2016: $785,8912016Assets 2017: $3,569,071Liabilities 2017: $2,402,663Net Assets 2017: $1,166,4082017Assets 2018: $3,680,658Liabilities 2018: $2,355,574Net Assets 2018: $1,325,0842018Assets 2019: $3,905,714Liabilities 2019: $2,165,946Net Assets 2019: $1,739,7682019Assets 2020: $3,774,898Liabilities 2020: $1,565,992Net Assets 2020: $2,208,9062020Assets 2021: $4,329,090Liabilities 2021: $1,151,070Net Assets 2021: $3,178,0202021Assets 2022: $5,099,330Liabilities 2022: $187,456Net Assets 2022: $4,911,8742022Assets 2023: $5,332,897Liabilities 2023: $200,514Net Assets 2023: $5,132,3832023Assets 2024: $5,957,731Liabilities 2024: $292,264Net Assets 2024: $5,665,4672024Assets 2025: $6,267,216Liabilities 2025: $181,411Net Assets 2025: $6,085,8052025

Highlighted filing

2024

Assets$5,957,731
Liabilities$292,264
Net Assets$5,665,467
Open 2024 Filing

Operations Trend

Revenue Growth45th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0Revenue 2015: $1,400,272Expenses 2015: $1,061,784Net Income 2015: $338,4882015Revenue 2016: $1,157,301Expenses 2016: $1,141,881Net Income 2016: $15,4202016Revenue 2017: $1,260,053Expenses 2017: $879,536Net Income 2017: $380,5172017Revenue 2018: $1,778,316Expenses 2018: $1,619,607Net Income 2018: $158,7092018Revenue 2019: $1,978,587Expenses 2019: $1,562,589Net Income 2019: $415,9982019Revenue 2020: $2,013,004Expenses 2020: $1,545,025Net Income 2020: $467,9792020Revenue 2021: $2,355,182Expenses 2021: $1,386,068Net Income 2021: $969,1142021Revenue 2022: $3,338,361Expenses 2022: $1,604,507Net Income 2022: $1,733,8542022Revenue 2023: $2,810,319Expenses 2023: $2,589,810Net Income 2023: $220,5092023Revenue 2024: $3,023,008Expenses 2024: $2,489,924Net Income 2024: $533,0842024Revenue 2025: $3,134,898Expenses 2025: $2,714,560Net Income 2025: $420,3382025

Highlighted filing

2024

Revenue$3,023,008
Expenses$2,489,924
Net Income$533,084
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2023 to Apr 30, 2024
Signed
Oct 18, 2024
Return Version
2023v5.1
Gross Receipts
$3,023,008
Mission and Program Overview

Mission

The community is responsible for the operation and maintenance of the common property within the 150 acres with 530 properties that includes residential and commercial lots located in Durango, CO.

Durango Mountain Master Association, Inc. is a mutual benefit non-profit corporation formed and operated under the laws of the state of Colorado. It is the Master Association surrounding Purgatory Resort in Durango, Colorado. The Association provides ongoing services for the benefit of the members and the public that visits the Purgatory Resort. These services include, but are not limited to, maintenance, landscaping and snow removal in the main plaza including public bathrooms. Limited access for guests, renters, owners and club members to the Durango Mountain Club including the pool and spa area and event access to the Durango Institute is open to the public for a fee.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$4,911,874$5,132,383▲ $220,509
Cash and Non-Interest-Bearing Accounts$1,911,913$2,554,364▲ $642,451
Land, Buildings, and Equipment, Net$1,904,880$1,733,799▼ $171,081
Savings and Temporary Cash Investments$1,265,152$1,158,000▼ $107,152
Rtn Earn Endowment Incm Other Fnds$220,509$533,084▲ $312,575
Accounts Receivable$216,377$459,510▲ $243,133
Inventories for Sale or Use$13,948$30,024▲ $16,076
Prepaid Expenses and Deferred Charges$20,627$22,034▲ $1,407
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$5,332,897$5,957,731▲ $624,834
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$92,547$185,344▲ $92,797
Other Liabilities$107,967$106,920▼ $1,047
Total Liabilities$200,514$292,264▲ $91,750
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,132,383$5,665,467▲ $533,084
Total Liabilities and Net Assets / Fund Balance$5,332,897$5,957,731▲ $624,834

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,881,020-$3,881,020
Equipment$743,196-$743,196
Land$100,000-$100,000
Other Land Buildings$-2,990,417$2,999,417$9,000
Compensation and Service Providers
Top Officer Pay43rd percentile

Board Members and Trustees

NameTitle
Mark D GebhardtPresident
Dave RathbunVice President
Chuck CobbDirector
Jim CoyneDirector
Jon WordDirector
Gary DerckSecretary/Treas

Highest Paid Contractors

ContractorServicesLocationCompensation
Purgatory Recreation IProperty ManagementPO Box 17000, Durango, CO 81302$1,212,451
Oliver Grinling CorporationCustodialPO Box 1408, Durango, CO 81302$160,219
Durango Mountain UtilitiesPropane ServicePO Box 17000, Durango, CO 81302$122,837
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,864,776
Investment Income
$83,717
Other Revenue
$1,074,515
Change in Net Assets
$533,084

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,023,008
Total Revenue per Audited Statements
$3,023,008
Total Revenue per Form 990
$3,023,008
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,982,617
Salaries, Compensation, and Employee Benefits$507,307
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$405,846$101,461-$507,307
All Other Expenses$419,728$66,039-$485,767
Fees for Services Accounting$142,440$35,610-$178,050
Depreciation Depletion$171,082--$171,082
Other Expenses$132,307--$132,307
Fees for Services Other$39,020$39,020-$78,040
Insurance$25,907--$25,907
Fees for Services Management$10,000$10,000-$20,000
Fees for Services Legal-$4,869-$4,869
Total Functional Expenses$2,232,925$256,999$0$2,489,924

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,489,924
Total Expenses per Audited Statements$2,489,924
Total Expenses per Form 990$2,489,924
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$93,778
Other Liabilities$8,439
Prepaid Assessments$4,703
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Board Member, Dave Rathbun is General Manager of Purgatory Resort. Gary Derek is an advisor of the former Purgatory Resort Owner. Jim Coyne and Chuck Cobb were partners in the former Purgatory Resort ownership.”

Form 990, Part VI, Section A, Line 3

“The Association delegated management authority to Purgatory Resort as the management company.”

Form 990, Part VI, Section A, Line 6

“The Corporation is a homeowners association consisting of 530 properties that includes residential and commercial lots. Owners are automatically granted membership in the Association upon purchase of their lot.”

Form 990, Part VI, Section A, Line 7A

“The Declarant can designate up to three board members.”

Form 990, Part VI, Section A, Line 8B

“Board minutes document motions approvals and are published to the Association's website. The Association did not have any committees in 2023.”

Form 990, Part VI, Section B, Line 11B

“The Board of Directors review the form 990 via email before filing.”

Form 990, Part VI, Section B, Line 12C

“Board of Directors reviews the conflict of interest policy on a yearly basis by observation and supervision of all transactions. A conflicted member will recuse themselves from the vote.”

Form 990, Part VI, Section C, Line 19

“Governing documents and financial statements are available on the organization's website and available at the administrations office upon request. Conflict of interest policy is made available upon request and is posted on the Association's website.”

Filing and Contact Details

Filer

Filer Name
Durango Mountain Master Association Inc
EIN
84-0927385
Phone
9704267220
Address
PO Box 4314, Durango, CO 81302

Signing Officer

Name
Mark D Gebhardt
Title
President
Signed
2024-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark D Gebhardt
Formed
1982
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Porter & Lasiewicz CPAs
Address
980 Enchanted Way Suite 104, Simi Valley, CA 93065
Preparer
Gary A Porter
Phone
8054336022
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Administrative & Other: Column (A) - Total = $115014; Column (B) - Program Services = $57507; Column (C) - Management & General = $57507; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Durango Mountain Institute: Column (A) - Total = $45813; Column (B) - Program Services = $45813; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Landscaping/Snow/Trash Removal: Column (A) - Total = $115295; Column (B) - Program Services = $115295; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Security: Column (A) - Total = $70000; Column (B) - Program Services = $70000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Supplies & Materials: Column (A) - Total = $42661; Column (B) - Program Services = $34129; Column (C) - Management & General = $8532; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Utilities: Column (A) - Total = $96984; Column (B) - Program Services = $96984; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Raw XML AppendixShowing 400 of 442 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt092547
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0185344
IRS990/AccountsReceivableGrp/BOYAmt0216377
IRS990/AccountsReceivableGrp/EOYAmt0459510
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Durango Mountain Master Association, Inc. is a mutual benefit non-profit corporation formed and operated under the laws of the state of Colorado. It is the Master Association surrounding Purgatory Resort in Durango, Colorado. The Association provides ongoing services for the benefit of the members and the public that visits the Purgatory Resort. These services include, but are not limited to, maintenance, landscaping and snow removal in the main plaza including public bathrooms. Limited access for guests, renters, owners and club members to the Durango Mountain Club including the pool and spa area and event access to the Durango Institute is open to the public for a fee.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt066039
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0419728
IRS990/AllOtherExpensesGrp/TotalAmt0485767
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0David Bowen
IRS990/BooksInCareOfDetail/PhoneNum09704267209
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 17000
IRS990/BooksInCareOfDetail/USAddress/CityNm0Durango
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd081302
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01911913
IRS990/CashNonInterestBearingGrp/EOYAmt02554364
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0122837
IRS990/ContractorCompensationGrp/CompensationAmt1160219
IRS990/ContractorCompensationGrp/CompensationAmt21212451
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO Box 17000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO Box 1408
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2PO Box 17000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Durango
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Durango
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Durango
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1CO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2CO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd081302
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd181302
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd281302
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Durango Mountain Utilities
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1Oliver Grinling Corporation
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2Purgatory Recreation I
IRS990/ContractorCompensationGrp/ServicesDesc0Propane Service
IRS990/ContractorCompensationGrp/ServicesDesc1Custodial
IRS990/ContractorCompensationGrp/ServicesDesc2Property Management
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt083717
IRS990/CYOtherExpensesAmt01982617
IRS990/CYOtherRevenueAmt01074515
IRS990/CYProgramServiceRevenueAmt01864776
IRS990/CYRevenuesLessExpensesAmt0533084
IRS990/CYSalariesCompEmpBnftPaidAmt0507307
IRS990/CYTotalExpensesAmt02489924
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03023008
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0171082
IRS990/DepreciationDepletionGrp/TotalAmt0171082
IRS990/Desc0The Association is primarily engaged in promoting the common good and general welfare of the residents of Durango Mountain Master Association, Inc. and surrounding areas. The Association lessens the burdens of government by conducting activities as follows:1) Plaza Access - The Association is fully responsible for the hardscape and landscape maintenance of the approximately 3/4 acre plaza. The Association's maintenance activities promote the general welfare of the community by allowing use by the public at large, thereby lessening the burden of La Plata County. The community is located in the Durango area of La Plata County.2) Private Patrol Service - The Association provides a private patrol service for the resort area, which is another important association activity that promotes the general welfare of the community. The patrol service duties include patrolling the plaza and resort area while watching out for unusual or suspicious activity to reduce crime.3) Snow Removal - The Association provides snow removal services in the public plaza area. This activity is identical to services provided by governmental entities nationwide.4) Negotiating for Trash Removal Services - The Association does not directly provide rubbish removal services, but does negotiate with companies that provide this service. This, again, is identical to services provided by governmental entities nationwide. The Association opened a central re-cycling facility on November 9, 2015.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02232925
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt035610
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0142440
IRS990/FeesForServicesAccountingGrp/TotalAmt0178050
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt04869
IRS990/FeesForServicesLegalGrp/TotalAmt04869
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt010000
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt010000
IRS990/FeesForServicesManagementGrp/TotalAmt020000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt039020
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt039020
IRS990/FeesForServicesOtherGrp/TotalAmt078040
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Jon Word
IRS990/Form990PartVIISectionAGrp/PersonNm1Jim Coyne
IRS990/Form990PartVIISectionAGrp/PersonNm2Chuck Cobb
IRS990/Form990PartVIISectionAGrp/PersonNm3Mark D Gebhardt
IRS990/Form990PartVIISectionAGrp/PersonNm4Gary Derck
IRS990/Form990PartVIISectionAGrp/PersonNm5Dave Rathbun
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary/Treas
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice President
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03023008
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt025907
IRS990/InsuranceGrp/TotalAmt025907
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt013948
IRS990/InventoriesForSaleOrUseGrp/EOYAmt030024
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt083717
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt083717
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt036
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02999417
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01904880
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01733799
IRS990/LandBldgEquipCostOrOtherBssAmt04733216
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt09951
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt09951
IRS990/MissionDesc0The community is responsible for the operation and maintenance of the common property within the 150 acres with 530 properties that includes residential and commercial lots located in Durango, CO.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt05132383
IRS990/NetAssetsOrFundBalancesEOYAmt05665467
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Durango Mountain Club
IRS990/OtherExpensesGrp/Desc1Janitorial
IRS990/OtherExpensesGrp/Desc2Shuttle Service
IRS990/OtherExpensesGrp/Desc3Repairs & Maintenance
IRS990/OtherExpensesGrp/ProgramServicesAmt0542351
IRS990/OtherExpensesGrp/ProgramServicesAmt1196628
IRS990/OtherExpensesGrp/ProgramServicesAmt2147616
IRS990/OtherExpensesGrp/ProgramServicesAmt3132307
IRS990/OtherExpensesGrp/TotalAmt0542351
IRS990/OtherExpensesGrp/TotalAmt1196628
IRS990/OtherExpensesGrp/TotalAmt2147616
IRS990/OtherExpensesGrp/TotalAmt3132307
IRS990/OtherLiabilitiesGrp/BOYAmt0107967
IRS990/OtherLiabilitiesGrp/EOYAmt0106920
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/Desc0Food & Beverage
IRS990/OtherRevenueMiscGrp/Desc1Real Estate Transfer Fee
IRS990/OtherRevenueMiscGrp/Desc2Resort/Clubhouse/Events
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0253871
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1797193
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt213500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0253871
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1797193
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt213500
IRS990/OtherRevenueTotalAmt01074515
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0101461
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0405846
IRS990/OtherSalariesAndWagesGrp/TotalAmt0507307
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt04911874
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt05132383
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020627
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022034
IRS990/PrincipalOfficerNm0Mark D Gebhardt
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues & Assessm
IRS990/ProgramServiceRevenueGrp/Desc1Rental Guest Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01584307
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1280469
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01584307
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1280469
IRS990/ProgSrvcAccomActy2Grp/Desc0Durango Mountain Institute (DMI) - The Association operates and maintains the DMI, which is open to the public. This facility is similar to activities provided in numerous locations by cities, or governmental recreation and park districts.The Institute partners with a provider that offers qualified presenters and instructors to work with groups. A variety of outdoor and indoor programs are available to support event objectives:- Yoga classes- Teen social events- Team-building- Leadership training- Executive and professional coaching- History or current events- Outdoor experiential activities- Health and well-being- Musical presentationsThe Durango Mountain Institute and Conference Center is a two-story facility with a primary meeting space for up to 75 participants, with separate, on-site space available for break-out sessions.The Center is equipped with state-of-the-art audio/visual technology for presentations and audio conference calls.
IRS990/ProgSrvcAccomActy3Grp/Desc0Providing a Public Meeting Facility for Area Residents - The Association maintains a clubhouse which is available to members and the public on a fee basis. Activities offered at the clubhouse are as follows:- Exercise facility- Pool and hot tub (hot tub expansion)- Locker room- Game room- Club lounge- Winter time ski and parking valet services- Day spa
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt07904
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02137317
IRS990/PYOtherRevenueAmt01036758
IRS990/PYProgramServiceRevenueAmt01765657
IRS990/PYRevenuesLessExpensesAmt0220509
IRS990/PYSalariesCompEmpBnftPaidAmt0452493
IRS990/PYTotalExpensesAmt02589810
IRS990/PYTotalRevenueAmt02810319
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0533084
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0220509
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0533084
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01265152
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01158000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03881020
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03881020
IRS990ScheduleD/EquipmentGrp/BookValueAmt0743196
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0743196
IRS990ScheduleD/ExpensesSubtotalAmt02489924
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-2990417
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02999417
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08439
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14703
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt293778
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Other Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Prepaid Assessments
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Security Deposits
IRS990ScheduleD/RevenueSubtotalAmt03023008
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01733799
IRS990ScheduleD/TotalExpensesPerForm990Amt02489924
IRS990ScheduleD/TotalLiabilityAmt0106920
IRS990ScheduleD/TotalRevenuePerForm990Amt03023008
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03023008
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02489924
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board Member, Dave Rathbun is General Manager of Purgatory Resort. Gary Derek is an advisor of the former Purgatory Resort Owner. Jim Coyne and Chuck Cobb were partners in the former Purgatory Resort ownership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Association delegated management authority to Purgatory Resort as the management company.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Corporation is a homeowners association consisting of 530 properties that includes residential and commercial lots. Owners are automatically granted membership in the Association upon purchase of their lot.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Declarant can designate up to three board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Board minutes document motions approvals and are published to the Association's website. The Association did not have any committees in 2023.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Board of Directors review the form 990 via email before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Board of Directors reviews the conflict of interest policy on a yearly basis by observation and supervision of all transactions. A conflicted member will recuse themselves from the vote.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Governing documents and financial statements are available on the organization's website and available at the administrations office upon request. Conflict of interest policy is made available upon request and is posted on the Association's website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Administrative & Other: Column (A) - Total = $115014; Column (B) - Program Services = $57507; Column (C) - Management & General = $57507; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Durango Mountain Institute: Column (A) - Total = $45813; Column (B) - Program Services = $45813; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Landscaping/Snow/Trash Removal: Column (A) - Total = $115295; Column (B) - Program Services = $115295; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Security: Column (A) - Total = $70000; Column (B) - Program Services = $70000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Supplies & Materials: Column (A) - Total = $42661; Column (B) - Program Services = $34129; Column (C) - Management & General = $8532; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Utilities: Column (A) - Total = $96984; Column (B) - Program Services = $96984; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CO
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05332897
IRS990/TotalAssetsEOYAmt05957731
IRS990/TotalAssetsGrp/BOYAmt05332897
IRS990/TotalAssetsGrp/EOYAmt05957731
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0256999
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02232925
IRS990/TotalFunctionalExpensesGrp/TotalAmt02489924
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0200514
IRS990/TotalLiabilitiesEOYAmt0292264
IRS990/TotalLiabilitiesGrp/BOYAmt0200514
IRS990/TotalLiabilitiesGrp/EOYAmt0292264
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05132383
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05665467
IRS990/TotalProgramServiceExpensesAmt02232925
IRS990/TotalProgramServiceRevenueAmt01864776
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03023008
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03023008
IRS990/TotalVolunteersCnt06

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,957,731
Liabilities
$292,264
Net assets
$5,665,467
Revenue
$3,023,008
Expenses
$2,489,924
Net income
$533,084
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.27$0.18$6.09$3.13$2.71$0.42
2024Detailed filing. Detailed filing data is available for this year.$5.96$0.29$5.67$3.02$2.49$0.53
2023Detailed filing. Detailed filing data is available for this year.$5.33$0.20$5.13$2.81$2.59$0.22
2022Detailed filing. Detailed filing data is available for this year.$5.10$0.19$4.91$3.34$1.60$1.73
2021Detailed filing. Detailed filing data is available for this year.$4.33$1.15$3.18$2.36$1.39$0.97
2020Detailed filing. Detailed filing data is available for this year.$3.77$1.57$2.21$2.01$1.55$0.47
2019Detailed filing. Detailed filing data is available for this year.$3.91$2.17$1.74$1.98$1.56$0.42
2018Detailed filing. Detailed filing data is available for this year.$3.68$2.36$1.33$1.78$1.62$0.16
2017Detailed filing. Detailed filing data is available for this year.$3.57$2.40$1.17$1.26$0.88$0.38
2016Detailed filing. Detailed filing data is available for this year.$3.55$2.77$0.79$1.16$1.14$0.02
2015Summary only. Only limited summary data is available for this year.$4.15$3.38$0.77$1.40$1.06$0.34