2023-10-16T12:19:28-05:00 2023-05-31 264022510 HARRIS & CO PLLC 1120 S RACKHAM WAY SUITE 100 MERIDIAN ID 83642 990 2022-06-01 820212207 BOGUS BASIN RECREATIONAL ASSOCIATION INC BOGU 2083325131 2600 BOGUS BASIN RD BOISE ID 837020908 BRAD WILSON GENERAL MANAGER 2083325131 2023-10-06 1 BRAD WILSON 999009999 0 MARGARET FLOWERS P00748716 2083338965 2023-10-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRAD WILSON 2600 BOGUS BASIN RD BOISE ID 837020908 28793513 0 X WWW.BOGUSBASIN.ORG X 1941 ID TO PROVIDE ACCESSIBLE AFFORDABLE, AND FUN MOUNTAIN RECREATION AND EDUCATION 13 13 916 400 0 0 551460 528399 18051684 20695552 141032 385560 1964726 3370459 20708902 24979970 0 27486 0 0 7019582 9125740 0 0 106103 7972141 10019038 14991723 19172264 5717179 5807706 46317887 54877835 15605330 18254616 30712557 36623219 X BOGUS BASIN ENGAGES THE COMMUNITY TO PROVIDE ACCESSIBLE, AFFORDABLEFUN YEAR-ROUND MOUNTAIN RECREATION AND EDUCATION. 0 0 9730470 27486 24045308 BOGUS BASIN IS A RECREATIONAL AREA THAT OPERATES TO ENRICH THE LIVES OF TREASURE VALLEY RESIDENTS BY PROVIDING YEAR-ROUND OUTDOOR ACTIVITIES AT RATES THAT ARE AFFORDABLE TO THE COMMUNITY. BOGUS BASIN HAD 540,000 WINTER VISITS. THESE WINTER GUESTS PAID 40% LESS FOR ADMISSION THAN THE INDUSTRY AVERAGE. DURING THE WINTER, BOGUS BASIN OFFERS ALPINE SKIING, NORDIC SKIING, SNOW TUBING AND SNOWSHOEING. BOGUS BASIN CONTINUES TO WORK ON PROVIDING AFFORDABLE SUMMER RECREATION INCLUDING MOUNTAIN BIKING, HIKING, YOUTH SUMMER CAMPS STARGAZING AND NATURE EXPERIENCES ALL AT AFFORDABLE RATES. FOR THE FISCAL YEAR, BOGUS BASIN HAD OVER 600,000 TOTAL VISITS.GRANTS ARE PROVIDED TO OVER 30 SCHOOLS IN THE AREA TO ENCOURAGE AND ENABLE STUDENT VISITS TO BOGUS BASIN REGARDLESS OF THEIR ABILITY TO PAY. 9730470 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 70 0 1 916 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X RON WELTON-DIRECTOR OF FINANCE 2083325136 2600 BOGUS BASIN RD BOISE ID 83702 ADAM LITTLE CHAIR 2.00 X X 0 0 0 PAT KELLY VICE CHAIR 2.00 X X 0 0 0 STEVE KAHN TREASURER 2.00 X X 0 0 0 JESSICA AGUILAR GIER SECRETARY 2.00 X X 0 0 0 ROSS BORDEN DIRECTOR 2.00 X 0 0 0 MICHEL BOURGEAU DIRECTOR 2.00 X 0 0 0 EVE CHANDLER DIRECTOR 2.00 X 0 0 0 ERIC HOWE DIRECTOR 2.00 X 0 0 0 CLARK KRAUSE DIRECTOR 2.00 X 0 0 0 ANDREW PIRON DIRECTOR 2.00 X 0 0 0 ALAN RUSSELL DIRECTOR 2.00 X 0 0 0 JAY THEILER DIRECTOR 2.00 X 0 0 0 KENDRA WITT-DOYLE DIRECTOR 2.00 X 0 0 0 BRAD WILSON GENERAL MANAGER 40.00 X 208375 0 28334 RON WELTON DIRECTOR OF FINANCE 40.00 X 124543 0 19313 SUSAN SAAD DIRECTOR OF COMMUNITY RELA 40.00 X 111557 0 12207 NATE SHAKE DIRECTOR OF MOUNTAIN OPERA 40.00 X 111555 0 9010 556030 0 68864 4 0 1 0 AXESS AMERICAS INC 6443 BUSINESS PARK LOOP RD SUITE A PARK CITY UT 84098 RFID GATES 709614 CHALLENGE TOWERS INC 162 TIMBERLAKE DR TODD NC 28684 ADVENTURE COURSE CONSTRUCTION 647220 PAVEMENT SPECIALTIES OF IDAHO 4850 HENRY ST BOISE ID 83709 CONSTRUCTION SERVICES 513546 VERTICAL CORP 300 E 35TH ST GARDEN CITY ID 83714 BUILDING RENOVATION CONSTRUCTION 214742 MAV EVENT SERVICES 1483 S BLUE JAY PLACE EAGLE ID 83616 PARKING LOT SERVICES 165125 5 22380 506019 528399 SKI OPERATIONS 713990 16035380 16035380 SKI SCHOOL 713990 1296906 1296906 RENTAL CENTER 459110 1257400 1257400 MOUNTAIN BIKE 713990 607049 607049 NORDIC 713990 527856 527856 970961 970961 20695552 338884 338884 2316913 42108 2312345 0 4568 42108 46676 46676 34376 22380 13673 20703 20703 4625804 1487525 3138279 3138279 GIFT CARD BREAKAGE 455000 65151 65151 LOCKERS 455000 61069 61069 OTHER REVENUE 455000 49849 49849 35408 35408 211477 24979970 24045308 0 406263 27486 27486 394868 298791 93259 2818 7156672 5486828 1617286 52558 245090 187904 55386 1800 714438 303022 411236 180 614672 519409 91510 3753 20707 20707 33050 33050 716341 419781 285623 10937 304717 302574 2143 2439406 1517363 898961 23082 157251 19008 138243 179169 17904 161115 150 8233 8233 280410 280410 2738246 2738246 745457 745457 REPAIRS AND MAINTENANCE 901200 899802 1398 BANK FEES 765729 765729 UTILITIES 645184 645184 TRAINING AND DEVELOPMEN 80229 33172 46608 449 3709 3709 19172264 9730470 9335691 106103 18219 448158 15282246 8066499 17320 477 71888 486839 711968 352762 502361 58330752 29497536 26608039 28833216 4336034 7327138 3427099 3419042 124886 1161531 46317887 54877835 1672283 1670803 9095917 11266058 4837130 4385022 0 932733 15605330 18254616 X 30529876 36442987 182681 180232 30712557 36623219 46317887 54877835 5807706 102956 0 X X 0 1 X 1 0 X 479932 610218 1797951 551460 549102 3988663 14918938 16266145 15691656 20016410 20695552 87588701 15398870 16876363 17489607 20567870 21244654 91577364 16490 5975 13488 35953 0 16490 5975 13488 35953 91541411 67856 74796 55330 67953 501852 767787 67856 74796 55330 67953 501852 767787 10412 181 10593 174470 211477 385947 15466726 16961571 17545118 20810293 21957983 92741691 0.98710 0.93630 0.00830 0.00300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8964938 8964938 9905403 4730448 5174955 37746747 24767088 12979659 1713664 1713664 28833216 102974 F MUNICIPAL SECURITIES 1510961 F GOVERNMENT SECURITIES 5713203 F 7327138 OPERATING LEASE RIGHT-OF-USE LIABILITY 932733 932733 X 26759749 102956 1676823 1779779 24979970 0 24979970 20849087 1676823 1676823 19172264 0 19172264 PART X, LINE 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ASSOCIATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEARS 2023 AND 2022. THE ASSOCIATION FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. THE ASSOCIATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD PART XI, LINE 2D-OTHER ADJUSTMENTS COST OF GOODS SOLD INCLUDED IN REVENUE ON FORM 990 PART XII, LINE 2D-OTHER ADJUSTMENTS COST OF GOODS SOLD INCLUDED IN REVENUE ON FORM 990 BOGUS BASH 56756 22380 34376 13673 56756 22380 34376 13673 13673 20703 X X X 0 0 0 0 0 0 0 0 0 BRAD WILSON GENERAL MANAGER 208375 0 0 0 0 0 22665 0 5669 0 236709 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPOSED OF ALL MEMBERS OF THE BOARD OF DIRECTORS WHO ARE ELECTED OFFICERS OF THE BOARD. WHENEVER THE BOARD OF DIRECTORS IS NOT IN SESSION, THE EXECUTIVE COMMITTEE HAS AND MAY EXERCISE SUCH POWER OF THE BOARD OF DIRECTORS AS MAY BE DELEGATED TO IT BY A STANDING RESOLUTION OF THE BOARD OF DIRECTORS WHICH MAY INCLUDE ALL OF THE POWERS OF THE BOARD OF DIRECTORS. THE CHAIR ACTS AS CHAIR OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 6 FORM 990, PART VI, SECTION A, LINE 6: ANY PERSON WHO IS A BONA FIDE RESIDENT OF THE STATE OF IDAHO IS QUALIFIED TO BE A MEMBER OF THE ASSOCIATION UPON COMPLYING WITH THE FOLLOWING CONDITIONS: (1) APPLICATION FOR MEMBERSHIP IN THE ASSOCIATION, AND (2) APPROVAL OF MEMBERSHIP THROUGH AFFIRMATIVE ACTION BY THE BOARD OF DIRECTORS, AND (3) PAYMENT, IF ANY, OF THE ANNUAL MEMBERSHIP FEE. THERE ARE FOUR CLASSES OF MEMBERS: REGULAR, BOARD EMERITUS, LIFETIME, AND EX-OFFICIO. REGULAR, BOARD EMERITUS, AND LIFETIME MEMBERS ARE REFERRED TO AS "ACTIVE MEMBERS." ALL ACTIVE MEMBERS HAVE FULL VOTING PRIVILEGES ON ALL ISSUES COMING BEFORE THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A NOT LESS THAN FOURTEEN DAYS PRECEDING THE ANNUAL MEETING OF MEMBERS OF THE ASSOCIATION, THE NOMINATING COMMITTEE NOMINATES A SLATE OF ACTIVE MEMBERS OF THE ASSOCIATION WHO IT RECOMMENDS FOR ELECTION TO THE BOARD SEATS WHICH ARE TO BE FILLED. ANY ACTIVE MEMBER MAY NOMINATE ANY QUALIFIED MEMBER OF THE ASSOCIATION FOR ELECTION TO THE BOARD OF DIRECTORS BY WRITTEN NOTICE GIVEN TO THE CHAIR OR SECRETARY NOT LESS THAN FOURTEEN DAYS PRIOR TO THE DATE OF THE ANNUAL MEETING, AND THE CHAIR INCLUDES NOTICE TO ALL ACTIVE MEMBERS OF THE ASSOCIATION OF SUCH ADDITIONAL NOMINATION. IN SUCH EVENT, WRITTEN BALLOTS ARE CAST AT THE ANNUAL MEETING WITH EACH ACTIVE MEMBER PRESENT AT THE ANNUAL MEETING, ENTITLED TO VOTE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990, PART VI, SECTION B, LINE 11B: A COPY OF THE FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND OFFICERS ANNUALLY COMPLETE A FORM DISCUSSING CONFLICTS OF INTEREST. ALL RESPONSES ARE REVIEWED BY THE PRESIDENT AND DIRECTOR OF FINANCE. ANY ISSUES OR QUESTIONS WOULD BE REFERRED TO THE CHAIR OF THE BOARD AND ANY POTENTIAL CONFLICTS ARE DISCUSSED AT THE BOARD LEVEL AND APPROPRIATE ACTION TAKEN. FORM 990, PART VI, SECTION B, LINE 15 ANY INCREASES IN COMPENSATION FOR THE GENERAL MANAGER (CEO) AND DIRECTOR OF FINANCE ARE COMPLETED AT THE COMPENSATION COMMITTEE LEVEL AND DONE CONSISTENTLY WITH THE COMPENSATION POLICY AND STANDING RESOLUTION FOR THE COMMITTEE. THE ORGANIZATION'S MANAGEMENT RECEIVES A COPY OF THE ANNUAL SALARY SURVEY DATA FROM THE NATIONAL SKI AREA ASSOCIATION'S SALARY SURVEY. THE PROCESS, DELIBERATION AND DECISION IS DOCUMENTED IN MEETING MINUTES AND PERSONNEL FILES. FORMAL REVIEWS ARE COMPLETED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART X11, LINE 2C EXPLANATION NO CHANGE IN THE OVERSIGHT PROCESS OF SELECTION PROCESS FROM THE PRIOR TAX YEAR.