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Nonprofiteer
← COPPER PEAK INC

Form 990 for tax year 2024

Filed by COPPER PEAK INC.

Totals

Total revenue
$1,463,328
Total expenses
$264,032
Contributions and grants received
$1,105,111
Grants paid
$0
Program service revenue
$343,488
Investment income
$0
Other revenue
$14,729
Total assets, end of year
$2,226,289
Total liabilities, end of year
$2,173
Net assets or fund balances, end of year
$2,224,116
Program services expenses (Part IX)
$247,916
Management and general expenses
$16,116
Fundraising expenses
$0
Program service expenses (Part III)
$247,916

Program services were 93.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $1,449

  • 1e · Government grants (contributions)

    $1,098,063

  • 1f · All other contributions, gifts and grants

    $5,599

  • 2a · Program service revenue: CHAIRLIFT/ELEVATOR

    total $334,214 · related or exempt $334,214

  • 2b · Program service revenue: MISCELLANEOUS INCOME

    total $7,654 · related or exempt $7,654

  • 2c · Program service revenue: TOWER INCOME

    total $1,620 · related or exempt $1,620

  • 10a · Gross sales of inventory

    $57,122

  • 10b · Cost of goods sold

    $42,393

  • 10c · Net income from sales of inventory

    total $14,729 · related or exempt $14,729

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $95,713 · program services $95,713

  • 10 · Payroll taxes

    total $8,811 · program services $8,811

  • 11c · Fees: accounting

    total $4,734 · management and general $4,734

  • 11g · Fees: other

    total $30,000 · program services $30,000

  • 12 · Advertising and promotion

    total $24,029 · program services $24,029

  • 13 · Office expenses

    total $34,271 · program services $29,472 · management and general $4,799

  • 14 · Information technology

    total $2,143 · management and general $2,143

  • 16 · Occupancy

    total $30,992 · program services $30,992

  • 17 · Travel

    total $718 · management and general $718

  • 20 · Interest

    total $2,222 · management and general $2,222

  • 23 · Insurance

    total $26,432 · program services $24,932 · management and general $1,500

  • 24a · Other expenses: SALES TAX

    total $3,847 · program services $3,847

  • 24b · Other expenses: TELEPHONE

    total $120 · program services $120

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $252,171 · end of year $473,335

  • 8 · Inventories for sale or use

    beginning of year $9,553 · end of year $9,553

  • 10a · Land, buildings and equipment: cost or other basis

    $1,903,721

  • 10b · Land, buildings and equipment: accumulated depreciation

    $798,879

  • 10c · Land, buildings and equipment, net

    beginning of year $993,879 · end of year $1,104,842

  • 15 · Other assets

    beginning of year $638,559 · end of year $638,559

  • 17 · Accounts payable and accrued expenses

    beginning of year $743 · end of year $2,173

  • 23 · Secured mortgages and notes payable

    beginning of year $36,488

  • 24 · Unsecured notes and loans payable

    beginning of year $43,124

  • 27 · Net assets without donor restrictions

    beginning of year $1,059,284 · end of year $1,469,593

  • 28 · Net assets with donor restrictions

    beginning of year $754,523 · end of year $754,523

Mission and programs · 2024

Mission

WE ARE ON A MISSION TO REVIVE COPPER PEAK AS THE ULTIMATE SKI JUMP DESTINATION. OUR GOAL IS TO BRING TOGETHER WINTER AND SUMMER COMPETITIONS, REPRESENTING MICHIGAN'S UPPER PENINSULA AND THE SURROUNDING REGION AS A GLOBAL HUB FOR OUTDOOR RECREATION.

Activities or mission (Part I)

REVIVE COPPER PEAK AS A YEAR-ROUND SKI JUMPING AND OUTDOOR RECREATION VENUE FOR MICHIGAN'S UPPER PENINSULA.

  • WE ARE IN THE PROCESS OF PROMOTING OUR EXTRA LARGE SKI JUMPING FACILITY WITH THE GOAL OF SECURING FUTURE INTERNATIONAL WORLD CUP SKI JUMPING EVENTS. WE'VE AVERAGED OVER 12,000 VISITORS PER YEAR. INTERNATIONAL YEAR-ROUND SKI JUMP TRAINING IS ALSO PLANNED FOR THE FUTURE.

    Expenses $247,916 · Revenue $358,217

As filed on the 2024 return.

Listed in Part VII

  • Charles Supercynski

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Morgan Grasso

    TREASURER

    Total calculated
    $0
    Hours/week
    10
  • Russel Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10
  • Steve Tiziani

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Michael Kusz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    15
  • James Durkee

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    20
  • Robert Jacquart

    PRESIDENT

    Total calculated
    $0
    Hours/week
    20
  • Lori Booth

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    20
  • Yolanda Lozano

    SECRETARY

    Total calculated
    $0
    Hours/week
    10

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
11 February 2026
IRS schema version
2024v5.5
Source object
202610429349301961

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