Durango Mountain Master Association Inc

EIN: 840927385 Community Improvement

Durango, CO

Total Revenue
$3,134,898
Total Expenses
$2,714,560
Total Assets
$6,267,216
Net Assets
$6,085,805
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Organization Details

Formation Year
1982
Legal Domicile
CO
Principal Officer
Mark D Gebhardt
Phone
9704267220
Tax Period
2024-05-01 to 2025-04-30

Durango Mountain Master Association Inc, founded in 1982, is a community nonprofit in the Community Improvement sector that reported $3.1M in total revenue in fiscal year 2024. Expenses of $2.7M left a modest 13% surplus.

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.

Program Service Accomplishments

Program 1
Expenses: $2,391,775

The 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...

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The 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.

Program 2

Durango 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...

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Durango 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.

Program 3

Providing 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...

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Providing 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

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,850,455
Investment Income $101,261
Other Revenue $1,183,182
TOTAL REVENUE $3,134,898

Expense Breakdown

Grants Paid $0
Salaries & Benefits $524,581
Fundraising Expenses $0
Program Expenses $2,391,775
Other Expenses $2,189,979
TOTAL EXPENSES $2,714,560

Year-over-Year Comparison

2024 2023 Change
Revenue $3,134,898 $3,023,008 +0.0%
Expenses $2,714,560 $2,489,924 +0.1%
Net Income $420,338 $533,084 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jon Word Director 1.00
Director
$0 $0 $0
Jim Coyne Director 1.00
Director
$0 $0 $0
Chuck Cobb Director 1.00
Director
$0 $0 $0
Mark D Gebhardt President 1.00
Officer
$0 $0 $0
Gary Derck Secretary/Treas 1.00
Officer
$0 $0 $0
Dave Rathbun Vice President 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,134,898 $2,714,560 $6,267,216 $420,338
2024 $3,023,008 $2,489,924 $5,957,731 $533,084
2023 $2,810,319 $2,589,810 $5,332,897 $220,509
2022 $3,338,361 $1,604,507 $5,099,330 $1,733,854
2021 $2,355,182 $1,386,068 $4,329,090 $969,114
2020 $2,013,004 $1,545,025 $3,774,898 $467,979
2019 $1,978,587 $1,562,589 $3,905,714 $415,998
2018 $1,778,316 $1,619,607 $3,680,658 $158,709
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