2026-03-13T15:03:13-05:00 2025-04-30 202253063 TANNER LLP 36 S STATE STREET SUITE 600 SALT LAKE CITY UT 84111 990 2024-05-01 841367913 UTAH ATHLETIC FOUNDATION UTAH 4356584200 PO BOX 980337 PARK CITY UT 84098 COLIN HILTON PRESIDENT & CEO 4356584200 2026-03-06 1 0 MARC A METCALF P00170461 8015327444 2026-03-06 2024 2025-03-06 01:10:19Z UTAH OLYMPIC LEGACY FOUNDATION COLIN HILTON PO BOX 980337 PARK CITY UT 84098 39284682 0 X WWW.UTAHOLYMPICLEGACY.ORG X 1997 UT FOSTER DEVELOPMENT OF WINTER SPORTS IN UTAH AND MANAGE AND MAINTAIN THE UTAH OLYMPIC PARK, UTAH OLYMPIC OVAL AND SOLDIER HOLLOW NORDIC CENTER 14 14 938 610 528163 0 26353013 7009107 24002687 23877419 3573502 2568575 262186 993723 54191388 34448824 0 0 0 0 17173134 17714682 0 0 50549 20145537 20493242 37318671 38207924 16872717 -3759100 154133501 152780438 9274332 9607076 144859169 143173362 FOSTER DEVELOPMENT OF WINTER SPORTS IN UTAH AND MANAGE AND MAINTAIN THE UTAH OLYMPIC PARK, UTAH OLYMPIC OVAL AND SOLDIER HOLLOW NORDIC CENTER. 0 0 14307219 3840800 FACILITY OPERATIONS AND EXTERNAL ATHLETE TRAINING: PRIMARY FACILITY ACHIEVEMENTS OF THE UTAH ATHLETIC FOUNDATION INCLUDE MAINTENANCE AND ENHANCEMENT OF THE UTAH OLYMPIC PARK, THE UTAH OLYMPIC OVAL, AND SOLDIER HOLLOW NORDIC CENTER, THE THREE TRAINING FACILITIES FOR THE OLYMPIC WINTER SPORTS OF FREESTYLE, BOBSLED, SKELETON, LUGE, FIGURE SKATING, SPEED SKATING, CURLING, HOCKEY AND NORDIC SKIING. 12657388 9996312 YOUTH SPORT PROGRAMS AND SPORT EVENTS: THE UTAH OLYMPIC PARK, THE UTAH OLYMPIC OVAL AND SOLDIER HOLLOW NORDIC CENTER OFFER HIGH QUALITY WINTER SPORT DEVELOPMENT PROGRAMS FOR YOUTH THAT EMBRACE LONG TERM ATHLETE DEVELOPMENT PRINCIPLES AND THAT GET PEOPLE OF ALL AGES AND ABILITIES ACTIVE IN SPORT. THESE PROGRAMS SHOWCASE OUR LOCALLY TRAINED ATHLETES AND INVOLVE OUR LOCAL COMMUNITIES. 8682910 10040307 PUBLIC PROGRAMS AND ACTIVITIES: THE UTAH OLYMPIC PARK, THE UTAH OLYMPIC OVAL AND SOLDIER HOLLOW NORDIC CENTER HAVE EXPERIENCED INCREASED PUBLIC USE OF PROGRAMS, SUCH AS PUBLIC SKATE SESSIONS, BOBSLED AND SKELETON RIDES, PUBLIC NORDIC SKIING LESSONS AND PUBLIC TOURS. THESE SIGNIFICANT INCREASES REFLECT A GROWING AWARENESS AND INTEREST IN OUR VENUE OFFERINGS. 35647517 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 94 0 938 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 UT X UTAH ATHLETIC FOUNDATION 4356584203 3419 OLYMPIC PARKWAY PARK CITY UT 84098 BRETT HOPKINS BOARD MEMBER 0.50 X 0 0 0 SPENCER F ECCLES BOARD MEMBER 0.50 X 0 0 0 NATALIE GOCHNOUR BOARD CHAIR 2.00 X 0 0 0 FRASER BULLOCK BOARD MEMBER 2.00 X 0 0 0 ERIC HUTCHINGS BOARD MEMBER 0.50 X 0 0 0 JIM OLSON BOARD MEMBER 1.50 X 0 0 0 CATHERINE RANEY NORMAN BOARD MEMBER 2.00 X 0 0 0 NUBIA PENA BOARD MEMBER 0.50 X 0 0 0 CHRIS MAZDZER BOARD MEMBER 0.50 X 0 0 0 HEATHER MCPHIE WATANABE BOARD MEMBER 0.50 X 0 0 0 COURTLAND NELSON BOARD MEMBER 0.50 X 0 0 0 WAYNE NIEDERHAUSER BOARD MEMBER 0.50 X 0 0 0 MOLLY MAZZOLINI BOARD MEMBER 0.50 X 0 0 0 JANICE UGAKI BOARD MEMBER 0.50 X 0 0 0 CHRIS WADDELL BOARD MEMBER 0.50 X 0 0 0 BYRON RUSSELL BOARD MEMBER 0.50 X 0 0 0 JEREMY ANDRUS BOARD MEMBER 0.50 X 0 0 0 KAITLIN ESKELSON BOARD MEMBER 0.50 X 0 0 0 MIKE COOPER ADVISOR 1.00 X 0 0 0 COLIN HILTON PRESIDENT & CEO 45.00 X 336681 0 25943 CALUM CLARK CHIEF OPERATING OFFICER 45.00 X 231910 0 23203 KARLA KNOX CHIEF FINANCIAL OFFICER 45.00 X 216970 0 23801 LISA BENNION RASMUSSEN CHIEF REVENUE OFFICER 45.00 X 212774 0 12339 CHRISTIE HIND EXEC DIR - PARK CITY SKI & SNOWBOARD 45.00 X 203224 0 17257 JAMIE KIMBALL HIGHEST COMPENSATED EMPLOY 40.00 X 149200 0 4307 JARED GOFF HIGHEST COMPENSATED EMPLOY 40.00 X 131906 0 4280 LUKE BODENSTEINER HIGHEST COMPENSATED EMPLOY 40.00 X 172326 0 23088 TODD PORTER HIGHEST COMPENSATED EMPLOY 40.00 X 132283 0 21899 CHRISTOPHER HASLOCK KEY EMPLOYEE 40.00 X 125279 0 19136 1912553 0 175253 11 0 1 0 JACOBSON CONSTRUCTION 5181 W AMELIA EARHART DR SALT LAKE UT 84116 BUILDING CONTRACTOR 6556396 BISON EXCAVATION PO BOX 980991 PARK CITY UT 84098 EXCAVATION SERVICES 463039 JARADS LLC 357 S 200 E SUITE 106 SALT LAKE UT 84111 JANITORIAL 271714 UTAH DEVELOPMENT AND CONSTRUCTION 1106 ABILENE WAY PARK CITY UT 84060 CONSULTING 149070 ELLIOTT WORKGROUP 1441 UTE BLVD SUITE 100 PARK CITY UT 84098 CONSULTING 110209 5 442167 6566940 203812 7009107 PUBLIC PROGRAMS & ACTIVITIES 713940 10040307 10040307 YOUTH SPORT PROGRAMS 713940 9996312 9996312 FACILITY OPERATIONS & TRAINING 713940 3840800 3840800 23877419 927267 927267 5741898 22000 4122590 0 1619308 22000 1641308 22000 1619308 644395 178835 465560 465560 1062596 534433 528163 528163 34448824 23899419 528163 3012135 2232501 2051825 174306 6370 13063660 12453923 574600 35137 1298371 896630 395888 5853 1120150 878652 238309 3189 556241 120406 435835 312701 312701 38674 34153 4521 445494 9293 436201 3944573 3944573 130972 67558 63414 6592877 6538980 53897 2092939 2092939 OTHER PROGRAM COSTS 1883118 1883118 MAINTENANCE & REPAIR CO 1877386 1877386 SPORT EVENT COSTS 1151617 1151617 BANK AND CREDIT CARD FE 516794 497057 19737 949856 836706 113150 38207924 35647517 2509858 50549 6568821 7801973 3242326 1589376 538933 397126 125247 132690 1245903 1267771 187453783 92474360 93907152 94979423 43611185 41924851 4893934 4687228 154133501 152780438 2965132 3224867 1635238 1831422 4673962 4550787 9274332 9607076 X 124112210 137801172 20746959 5372190 144859169 143173362 154133501 152780438 -3759100 2104236 28455 -59398 0 X 0 1 X 1 0 X 3728786 15045382 26887664 26353013 7009107 79023952 3728786 15045382 26887664 26353013 7009107 79023952 1346440 77677512 374654 345980 868136 1138031 927267 3654068 82678020 102631043 0.93950 0.93860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6270295 6270295 102147096 52134924 50012172 23306890 11895619 11411271 50260704 25652594 24608110 5468798 2791223 2677575 94979423 LEASE LIABILITY 4550787 4550787 X 37213386 2044838 28455 2073293 35140093 -691269 -691269 34448824 38899193 691269 691269 38207924 0 38207924 PART X, LINE 2: US GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF IT HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF APRIL 30, 2025, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT DIRECT EXPENSES -178,835. GAIN ON SALE OF FIXED ASSETS 22,000. UNRELATED BUSINESS INCOME TAX COGS -534,434. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT DIRECT EXPENSES 178,835. GAIN ON SALE OF FIXED ASSETS -22,000. UNRELATED BUSINESS INCOME TAX COGS 534,434. SKI SWAP 287268 287268 96598 ANTI GALA 171668 171668 39103 9 185459 185459 43134 644395 644395 178835 178835 465560 X X X 0 0 0 0 0 1 0 0 0 COLIN HILTON PRESIDENT & CEO 243081 0 90000 0 3600 0 0 0 25943 0 362624 0 0 0 CALUM CLARK CHIEF OPERATING OFFICER 183282 0 45028 0 3600 0 0 0 23203 0 255113 0 0 0 KARLA KNOX CHIEF FINANCIAL OFFICER 171573 0 41672 0 3725 0 0 0 23801 0 240771 0 0 0 LISA BENNION RASMUSSEN CHIEF REVENUE OFFICER 165441 0 43733 0 3600 0 0 0 12339 0 225113 0 0 0 CHRISTIE HIND EXEC DIR - PARK CITY SKI & SNOWBOARD 177072 0 26152 0 0 0 0 0 17257 0 220481 0 0 0 LUKE BODENSTEINER HIGHEST COMPENSATED EMPLOY 150821 0 17905 0 3600 0 0 0 23088 0 195414 0 0 0 TODD PORTER HIGHEST COMPENSATED EMPLOY 116644 0 15639 0 0 0 0 0 21899 0 154182 0 0 0 JAMIE KIMBALL HIGHEST COMPENSATED EMPLOY 131426 0 17574 0 200 0 0 0 4307 0 153507 0 0 0 PART I, LINE 6 FORTY FIVE PERCENT OF THE PERFORMANCE GOALS FOR DETERMINING THE BONUS COMPENSATION FOR THE ORGANIZATION'S PRESIDENT/CEO ARE DIRECTLY TIED TO EFFECTIVE FINANCIAL OVERSIGHT ON DEPARTMENTAL REVENUE/EXPENDITURES. X SKI PASSES 3 155889 FMV X EQUIPMENT RENTAL 1 27923 FMV X SKI/SNOWBOARD WAX 1 20000 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PROVIDED TO THE ORGANIZATION'S AUDIT COMMITTEE AND THE BOARD FOR DETAILED REVIEW AND DISCUSSION PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY FORM IS REVIEWED AND SIGNED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION - MERIT-BASED INCREASES TO CEO COMPENSATION AND BONUS COMPENSATION ARE DETERMINED BY A UAF BOARD COMPENSATION COMMITTEE THAT MEETS ANNUALLY AT THE END OF THE UAF FISCAL YEAR. THE UAF COMPENSATION COMMITTEE UTILIZES NATIONWIDE COMPARISON BENCHMARK DATA FOR SETTING THE BASE SALARY LEVEL. THEY ALSO COMPLETE A REVIEW OF PERFORMANCE GOALS FOR ADDITIONAL PERFORMANCE-BASED BONUS COMPENSATION. THE CHAIR OF THE UAF BOARD COMPENSATION COMMITTEE THEN PROVIDES A WRITTEN CONFIRMATION OF THE ANNUAL DETERMINATION TO THE CFO AND HUMAN RESOURCES DIRECTOR FOR DOCUMENTATION AND AUDITING PURPOSES. OFFICERS AND KEY EMPLOYEES COMPENSATION - THE COMPENSATION STRUCTURE FOR THE UAF IS BASED ON JOB DESCRIPTIONS THAT ARE SET BY THE EMPLOYEE AND SUPERVISOR WITH FINAL APPROVAL BY THE CEO AND HUMAN RESOURCES. EACH JOB IS THEN CLASSIFIED INTO A PAY RANGE, WITH EACH RANGE HAVING A MINIMUM AND MAXIMUM PAY LEVEL. RANGES ARE DEVELOPED BY A BLEND OF NATIONAL INDEPENDENT SURVEY DATA, ECONOMIC BUSINESS CONDITIONS, AND COMPENSATION PHILOSOPHY. FINAL DETERMINATION OF A PAY GRADE MAY ALSO TAKE INTO ACCOUNT PAY FOR SIMILAR JOBS IN CLOSELY-RELATED ORGANIZATIONS AND INTERNAL ECONOMIC CONDITIONS. ALL FULL-TIME AND PART-TIME EMPLOYEES ARE ELIGIBLE FOR ANNUAL MERIT INCREASES BASED UPON PERFORMANCE. THE MERIT INCREASES ARE DETERMINED BASED ON THE RECOMMENDATIONS OF MANAGEMENT, NATIONALLY INDEPENDENT SALARY SURVEY DATA, ECONOMIC BUSINESS CONDITIONS, AND COMPENSATION PHILOSOPHY. ALL FULL-TIME EXEMPT EMPLOYEES ARE ELIGIBLE FOR ANNUAL BONUS COMPENSATION BASED UPON PERFORMANCE AND ORGANIZATIONAL GOAL ATTAINMENT (AS DETERMINED BY THE CEO) AND BY INDIVIDUAL GOAL ATTAINMENT. FORM 990, PART VI, SECTION C, LINE 19 THESE INFORMATIONAL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. PARK CITY SKI AND SNOWBOARD LLC PO BOX 981763 PARK CITY UT 84098 822805710 SEE SUPPLEMENTAL INFORMATION UT 586802 3504572 UTAH ATHLETIC FOUNDATION SCHEDULE R, PART I, COLUMN (B) PRIMARY ACTIVITY: OPERATES A SKI AND SNOWBOARD CLUB ENCOMPASSING NUMEROUS SNOW SPORT DISCIPLINES WITH A MISSION TO EDUCATE ITS MEMBERS BY MAXIMIZING INDIVIDUAL ATHLETE POTENTIAL WHILE MAINTAINING ACADEMIC STANDARDS AND ADHERING TO CORE VALUES.