BETA

ALTERRA MOUNTAIN COMPANY COMMUNITY FOUNDATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
ALTERRA MOUNTAIN COMPANY COMMUNITY FOUNDATION (EIN 85-3056218)
Tax period
2021-08-01 to 2022-07-31
Filed
2022-11-01
IRS object ID
202213059349302421
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-01T17:30:20-05:00ReturnTs
Tax Period End2022-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN450250958PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EIDE BAILLY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12950 E HARMONY RD STE 290AddressLine1Txt
CityFORT COLLINSCityNm
State AbbreviationCOStateAbbreviationCd
ZIP805283429ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN853056218EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ALTERRA MOUNTAIN COMPANYBusinessNameLine1Txt
Business Name Line2COMMUNITY FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlALTEBusinessNameControlTxt
Phone3084556289PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13501 WAZEE STREET 400AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80216ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKAREN HAMILTON-SMITHPersonNm
Person TitleVICE PRESIDENTPersonTitleTxt
Phone3084556289PhoneNum
Signature2022-10-31SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKARENPersonFirstNm
Person LastHAMILTON-SMITHPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKYLE FRITCH CPAPreparerPersonNm
PTINP01313374PTIN
Phone9702238825PhoneNum
Preparation2022-10-31PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMEEGAN MOSZYNSKIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13501 WAZEE STREET 400AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80216ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$11,267GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ALTERRACOMMUNITYFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2020FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionPROVIDE EMERGENCY RELIEF AND HARDSHIP ASSISTANCE TO MEMBERS OF ALTERRA'S COMMUNITIES.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers8TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,600,000PYContributionsGrantsAmt
CY Contributions Grants$11,267CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,600,000PYTotalRevenueAmt
CY Total Revenue$11,267CYTotalRevenueAmt
PY Grants And Similar Paid$246,109PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$472,714CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$38,156PYOtherExpensesAmt
CY Other Expenses$55,633CYOtherExpensesAmt
PY Total Expenses$284,265PYTotalExpensesAmt
CY Total Expenses$528,347CYTotalExpensesAmt
PY Revenues Less Expenses$2,315,735PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$517,080CYRevenuesLessExpensesAmt
Total Assets BOY$2,317,485TotalAssetsBOYAmt
Total Assets EOY$1,842,417TotalAssetsEOYAmt
Total Liabilities BOY$1,750TotalLiabilitiesBOYAmt
Total Liabilities EOY$43,762TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,315,735NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,798,655NetAssetsOrFundBalancesEOYAmt
MissionTHE ALTERRA MOUNTAIN COMPANY COMMUNITY FOUNDATION WAS CREATED TO PROVIDE FINANCIAL SUPPORT TO THE MEMBERS OF THE COMMUNITIES IN WHICH ALTERRA MOUNTAIN COMPANY OPERATES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$476,971ExpenseAmt
Grant$472,714GrantAmt
Revenue$11,267RevenueAmt
DescTHE FOUNDATION PROVIDES SUPPORT AND RELIEF TO MEMBERS OF THE COMMUNITIES IN WHICH ALTERRA MOUNTAIN COMPANY, AN AFFILIATED ORGANIZATION, SERVES. SUPPORT AND RELIEF ARE PROVIDED TO VICTIMS OF DISASTERS OR THOSE IN EMERGENCY HARDSHIP SITUATIONS SUCH AS THOSE CAUSED BY PANDEMICS, FLOODS, FIRES, RIOTS, STORMS OR SIMILAR LARGE-SCALE EVENTS. THE FOUNDATION WILL ALSO PROVIDE ASSISTANCE TO THOSE IN NEED DUE TO A SUDDEN ILLNESS, DEATH, ACCIDENT, VIOLENT CRIME OR OTHER EMERGENCY HARDSHIP.Desc
Total Program Service Expenses$476,971TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MEEGAN MOSZYNSKIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3084556289PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13501 WAZEE ST STE 400AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80216ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
SKY FOULKES
DIRECTOR/CHIEF FINANCIAL OFFICER1.00Yes (X)Yes (X)$0$0$0
MARK BROWNLIE SECY THRU 122
DIRECTOR1.00Yes (X)Yes (X)$0$0$0
KAREN SANFORD
DIRECTOR1.00Yes (X)$0$0$0
PATRICIE MALO
DIRECTOR1.00Yes (X)$0$0$0
KRISTIN RUST
PRESIDENT1.00Yes (X)$0$0$0
KAREN HAMILTON-SMITH
VICE PRESIDENT1.00Yes (X)$0$0$0
JULIE BODDEN SECY FROM 122
ASST. SECRETARY (THRU 1/22)1.00Yes (X)$0$0$0
ERIC LEVY
TREASURER1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$11,267AllOtherContributionsAmt
Total Contributions$11,267TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,267TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$84,000TotalAmt
Program Services$84,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$200,413TotalAmt
Program Services$200,413ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$188,301TotalAmt
Program Services$188,301ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$9,867TotalAmt
Program Services$1,348ProgramServicesAmt
Management And General$8,519ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$21,285TotalAmt
Program Services$2,909ProgramServicesAmt
Management And General$18,376ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$12,394TotalAmt
Management And General$12,394ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescBANK FEESDesc
Total$12,087TotalAmt
Management And General$12,087ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$528,347TotalAmt
Program Services$476,971ProgramServicesAmt
Management And General$51,376ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,317,485BOYAmt
EOY$1,842,417EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,317,485BOYAmt
EOY$1,842,417EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,750BOYAmt
EOY$9,810EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
EOY$33,952EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,750BOYAmt
EOY$43,762EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$2,315,735BOYAmt
EOY$1,798,655EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,315,735BOYAmt
EOY$1,798,655EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,317,485BOYAmt
EOY$1,842,417EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$517,080ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$2,600,000CurrentTaxYearMinus1YearAmt
Current Tax Year$11,267CurrentTaxYearAmt
Total$2,611,267TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$2,600,000CurrentTaxYearMinus1YearAmt
Current Tax Year$11,267CurrentTaxYearAmt
Total$2,611,267TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,495,550SubstantialContributorsTotAmt
Public Support Total170$1,115,717PublicSupportTotal170Amt
Total Support$2,611,267TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$31,811TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$20,544DonatedServicesAndUseFcltsAmt
Revenue Not Reported$20,544RevenueNotReportedAmt
Revenue Subtotal$11,267RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$11,267TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$548,891TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$20,544DonatedServicesUseFcltsAmt
Expenses Not Reported$20,544ExpensesNotReportedAmt
Expenses Subtotal$528,347ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$528,347TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationALTERRA MOUNTAIN COMPANY COMMUNITY FOUNDATION IS ORGANIZED AS A DELAWARE NON-PROFIT, NON-STOCK CORPORATION. THE FOUNDATION HAS BEEN RECOGNIZED BY THE IRS AS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRC SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3). THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION. THE FOUNDATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE FOUNDATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. THE FOUNDATION HAS DETERMINED THAT IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionNORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATESRegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedGRANTS TO RECIPIENTSTypeOfActivitiesConductedTxt
Region Total Expenditures$188,301RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$188,301SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$188,301TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionNORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATESRegionTxt
Purpose Of GrantEMERGENCY RELIEF AND HARDSHIP ASSISTANCEPurposeOfGrantTxt
Cash Grant$25,000CashGrantAmt
Manner Of Cash DisbursementEFTMannerOfCashDisbursementTxt
Non Cash Assistance$0NonCashAssistanceAmt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceEMERGENCY RELIEF AND HARDSHIP ASSISTANCETypeOfAssistanceTxt
RegionNORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATESRegionTxt
Recipient12RecipientCnt
Cash Grant$163,301CashGrantAmt
Manner Of Cash DisbursementELECTRONIC FUNDS TRANSFERMannerOfCashDisbursementTxt
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:THE GRANT COMMITTEES ARE COMPRISED OF COMMUNITY REPRESENTATIVE MEMBERS FROM EACH OF THE COMMUNITIES IN WHICH ALTERRA MOUNTAIN COMPANY, AN AFFILIATED ORGANIZATION, HAS RESORT OPERATIONS AS WELL AS SOME RESORT EMPLOYEES. THE GRANT COMMITTEES REVIEW APPLICATIONS RECEIVED AND DETERMINES WHETHER TO RECOMMEND THAT THE BOARD OF DIRECTORS GRANT DISASTER RELIEF AND EMERGENCY AND HARDSHIP ASSISTANCE. ANY MEMBERS OF THE GRANT COMMITTEES WITH A RELATIONSHIP TO AN APPLICATION FOR DISASTER RELIEF OR EMERGENCY OR HARDSHIP ASSISTANCE WILL RECUSE THEMSELVES FROM VOTING ON THE ASSISTANCE PER THE FOUNDATION'S CONFLICT OF INTEREST POLICY. THE FOUNDATION PAYS ALL ASSISTANCE DIRECTLY TO THE RECIPIENT TO ENSURE THEY HAVE AID AVAILABLE TO COVER EXPENDITURES ASSOCIATED WITH THE DISASTER, EMERGENCY, OR OTHER ECONOMIC HARDSHIPS. THE FOUNDATION REVIEWS AND REPORTS ON THE USE OF ASSISTANCE PAYMENTS RELATED TO EACH DISASTER, EMERGENCY, OR OTHER HARDSHIP SITUATION. IF ALL OR ANY PART OF AN ASSISTANCE PAYMENT OR GRANT IS NOT BEING USED IN FURTHERANCE OF THE PURPOSES OF SUCH ASSISTANCE, THE FOUNDATION IS UNDER A DUTY TO INVESTIGATE. WHILE CONDUCTING ITS INVESTIGATION, THE FOUNDATION SHALL WITHHOLD FURTHER PAYMENTS TO THE EXTENT POSSIBLE UNTIL ANY DELINQUENT REPORTS REQUIRED UNDER THE FOREGOING PROVISIONS OF THESE PROCEDURES HAVE BEEN SUBMITTED. IF THE FOUNDATION LEARNS THAT ALL OR ANY PART OF ASSISTANCE PAID IS NOT BEING USED IN FURTHERANCE OF THE PURPOSES OF THE AID, THE FOUNDATION SHALL TAKE ALL REASONABLE AND APPROPRIATE STEPS TO RECOVER THE FUNDS AND/OR ENSURE RESTORATION OF THE DIVERTED FUNDS TO THE PURPOSES OF THE AID OR ASSISTANCE. IF SUCH A DIVERSION OCCURS AND THE GRANTEE OR RECIPIENT HAS NOT PREVIOUSLY DIVERTED ASSISTANCE FUNDS TO ANY USE NOT IN FURTHERANCE OF THE PURPOSES OF THE ASSISTANCE, THE FOUNDATION SHALL WITHHOLD ANY FURTHER PAYMENTS TO THE GRANTEE UNTIL IT HAS RECEIVED ASSURANCE THAT FUTURE DIVERSIONS SHALL NOT OCCUR AND SHALL REQUIRE THE GRANTEE TO TAKE EXTRAORDINARY PRECAUTIONS TO PREVENT FUTURE DIVERSIONS FROM OCCURRING. WHERE AN INDIVIDUAL OR ORGANIZATION HAS PREVIOUSLY DIVERTED FUNDS RECEIVED FROM THE FOUNDATION AND THE FOUNDATION DETERMINES THAT ANY PART OF THE ASSISTANCE HAS AGAIN BEEN USED FOR IMPROPER PURPOSES, THE FOUNDATION SHALL TAKE ALL REASONABLE AND APPROPRIATE STEPS TO RECOVER THE ASSISTANCE FUNDS AND/OR ENSURE RESTORATION OF THE DIVERTED FUNDS TO THE PURPOSES OF THE AID. IN SUCH CASE, THE FOUNDATION SHALL WITHHOLD FURTHER R PAYMENTS UNTIL: (1) THE DIVERTED FUNDS ARE IN FACT RECOVERED OR RESTORED; (2) THE FOUNDATION HAS RECEIVED ASSURANCES THAT FUTURE DIVERSIONS WILL NOT OCCUR; AND (3) THE FOUNDATION REQUIRES THE RECIPIENT TO TAKE EXTRAORDINARY PRECAUTIONS TO PREVENT FUTURE DIVERSIONS FROM OCCURRING.
PART III ACCOUNTING METHOD:

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
STRATTON FOUNDATION
2D VILLAGE SQUARE PO BOX 523STRATTON MOUNTAINVT05155043343551501(C)(3)$50,000$0MATCHING GRANT TO SERVE 500 CHILDREN LIVING IN POVERTY
SNOWSHOE FOUNDATION INC
PO BOX 130SNOWSHOEWV26209200092407501(C)(3)$9,000$0MATCH GRANT FOR CHILD AND YOUTH ADVOCACY CENTER AND THE FAMILY REFUGE CENTER IN POCAHONTAS COUNTY, WV
MAMMOTH LAKES HOUSING INC
PO BOX 260MAMMOTH LAKESCA93546721553662501(C)(3)$25,000$0TO HELP CONVERT A COMMERCIAL PROPERTY INTO AFFORDABLE HOUSING
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeEMERGENCY RELIEF AND HARDSHIP ASSISTANCEGrantTypeTxt
Recipient23RecipientCnt
Cash Grant$200,413CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE AWARD COMMITTEE IS COMPRISED OF INDEPENDENT COMMUNITY REPRESENTATIVE MEMBERS FROM EACH OF THE COMMUNITIES IN WHICH ALTERRA MOUNTAIN COMPANY, AN AFFILIATED ORGANIZATION, HAS RESORT OPERATIONS AS WELL AS SOME RESORT EMPLOYEES. THE AWARD COMMITTEE REVIEWS APPLICATIONS RECEIVED AND DETERMINES WHETHER TO RECOMMEND THAT THE BOARD OF DIRECTORS GRANT DISASTER RELIEF AND EMERGENCY AND HARDSHIP ASSISTANCE IN ACCORDANCE WITH THE PROVISIONS SET FORTH IN THE "EMERGENCY RELIEF AND OTHER HARDSHIP ASSISTANCE" POLICY. ANY MEMBERS OF THE AWARD COMMITTEE WITH A RELATIONSHIP TO AN APPLICATION FOR DISASTER RELIEF OR EMERGENCY OR HARDSHIP ASSISTANCE WILL RECUSE THEMSELVES FROM VOTING ON THE ASSISTANCE PER THE FOUNDATION'S CONFLICT OF INTEREST POLICY. THE FOUNDATION PAYS ALL ASSISTANCE DIRECTLY TO THE RECIPIENT TO ENSURE THEY HAVE AID AVAILABLE TO COVER EXPENDITURES ASSOCIATED WITH THE DISASTER, EMERGENCY OR OTHER ECONOMIC HARDSHIPS. THE FOUNDATION REVIEWS AND REPORTS ON THE USE OF ASSISTANCE PAYMENTS RELATED TO EACH DISASTER, EMERGENCY OR OTHER HARDSHIP SITUATION. IF ALL OR ANY PART OF AN ASSISTANCE PAYMENT OR AWARD IS NOT BEING USED IN FURTHERANCE OF THE PURPOSES OF SUCH ASSISTANCE, THE FOUNDATION IS UNDER A DUTY TO INVESTIGATE. WHILE CONDUCTING ITS INVESTIGATION, THE FOUNDATION SHALL WITHHOLD FURTHER PAYMENTS TO THE EXTENT POSSIBLE UNTIL ANY DELINQUENT REPORTS REQUIRED UNDER THE FOREGOING PROVISIONS OF THESE PROCEDURES HAVE BEEN SUBMITTED. IF THE FOUNDATION LEARNS THAT ALL OR ANY PART OF ASSISTANCE PAID IS NOT BEING USED IN FURTHERANCE OF THE PURPOSES OF THE AID, THE FOUNDATION SHALL TAKE ALL REASONABLE AND APPROPRIATE STEPS TO RECOVER THE FUNDS AND/OR ENSURE RESTORATION OF THE DIVERTED FUNDS TO THE PURPOSES OF THE AID OR ASSISTANCE. IF SUCH A DIVERSION OCCURS AND THE VICTIM OR RECIPIENT HAS NOT PREVIOUSLY DIVERTED ASSISTANCE FUNDS TO ANY USE NOT IN FURTHERANCE OF THE PURPOSES OF THE ASSISTANCE, THE FOUNDATION SHALL WITHHOLD ANY FURTHER PAYMENTS TO THE VICTIM UNTIL IT HAS RECEIVED ASSURANCE THAT FUTURE DIVERSIONS SHALL NOT OCCUR AND SHALL REQUIRE THE AWARDEE TO TAKE EXTRAORDINARY PRECAUTIONS TO PREVENT FUTURE DIVERSIONS FROM OCCURRING. WHERE AN INDIVIDUAL OR ORGANIZATION HAS PREVIOUSLY DIVERTED FUNDS RECEIVED FROM THE FOUNDATION AND THE FOUNDATION DETERMINES THAT ANY PART OF THE ASSISTANCE HAS AGAIN BEEN USED FOR IMPROPER PURPOSES, THE FOUNDATION SHALL TAKE ALL REASONABLE AND APPROPRIATE STEPS TO RECOVER THE ASSISTANCE FUNDS AND/OR ENSURE RESTORATION OF THE DIVERTED FUNDS TO THE PURPOSES OF THE AID. IN SUCH CASE, THE FOUNDATION SHALL WITHHOLD FURTHE R PAYMENTS UNTIL: (1) THE DIVERTED FUNDS ARE IN FACT RECOVERED OR RESTORED; (2) THE FOUNDATION HAS RECEIVED ASSURANCES THAT FUTURE DIVERSIONS WILL NOT OCCUR; AND (3) THE FOUNDATION REQUIRES THE RECIPIENT TO TAKE EXTRAORDINARY PRECAUTIONS TO PREVENT FUTURE DIVERSIONS FROM OCCURRING.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHE FOUNDATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED BY THE FOUNDATION'S GOVERNING BODY BEFORE FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY COVERS ALL OFFICERS AND DIRECTORS OF THE FOUNDATION. ALL OFFICERS AND DIRECTORS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. IN ADDITION, OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS THAT MAY ARISE DURING THE YEAR, WHERE APPROPRIATE, PRIOR TO ANY ACTION IS TAKEN ON THE MATTER. THE BOARD OF DIRECTORS REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY. IN THE EVENT THERE IS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, THE INDIVIDUAL INVOLVED IS REMOVED FROM DELIBERATIONS AND VOTING ON THE MATTER.
FORM 990, PART VI, SECTION C, LINE 19THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.