TY 2019 Form 990

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) CRAIG MORNEAULT......................................................................
DIRECTOR

1.00
.................

(2) DANNY NICOLAS......................................................................
TREASURER

1.00
.................

(3) CARL THERIAULT......................................................................
DIRECTOR

1.00
.................

(4) TAYLOR MARTIN......................................................................
DIRECTOR

1.00
.................

(5) PAUL THERIAULT......................................................................
VICE-PRESIDENT

1.00
.................

(6) JEREMY CARON......................................................................
DIRECTOR

1.00
.................

(7) BEN PARADIS......................................................................
DIRECTOR

1.00
.................

(8) SHAWN THERIAULT......................................................................
DIRECTOR

1.00
.................

(9) LESLIE MARQUIS......................................................................
SECRETARY

1.00
.................

(10) MIKE LAVERTU......................................................................
PRESIDENT

2.00
.................

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet

	(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	238
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................	2e
3	Subtract line 2e from line 1..................	3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................	4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................	2e
3	Subtract line 2e from line 1...................	3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................	4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

LONESOME PINE TRAILS INC

Employer identification number

01-0275545

Return Reference	Explanation
Form 990, Part VI, Section A, line 6	MEMBERSHIP ORGANIZATION
Form 990, Part VI, Section A, line 7a	MEMBERS ELECT OFFICERS AND DIRECTORS OF GOVERNING BODY
Form 990, Part VI, Section B, line 11b	FORM 990 IS REVIEWED BY THE TREASURER AND THE ORGANIZATION'S INDEPENDENT ACCOUNTANT
Form 990, Part VI, Section C, line 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
Form 990, Part IX, line 24e	SUPPLIES: Program service expenses 6,746. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,746. HEATING: Program service expenses 4,444. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,444. GAS, OIL & DIESEL: Program service expenses 3,920. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,920. BANK & CREDIT CARD SERVICE CHARGES: Program service expenses 2,940. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,940. SNOWMAKING: Program service expenses 2,770. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,770. SUBLET & LODGE CLEANING: Program service expenses 2,658. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,658. INSPECTIONS: Program service expenses 1,998. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,998. LICENSES: Program service expenses 1,980. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,980. TELEPHONE: Program service expenses 1,917. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,917. MISCELLANEOUS: Program service expenses 1,331. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,331. MEMBER FUNCTIONS: Program service expenses 650. Management and general expenses 0. Fundraising expenses 0. Total expenses 650. WATER & SEWER: Program service expenses 484. Management and general expenses 0. Fundraising expenses 0. Total expenses 484. TRASH REMOVAL: Program service expenses 420. Management and general expenses 0. Fundraising expenses 0. Total expenses 420. POSTAGE: Program service expenses 200. Management and general expenses 0. Fundraising expenses 0. Total expenses 200. PROPANE: Program service expenses 15. Management and general expenses 0. Fundraising expenses 0. Total expenses 15.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2019

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: ALPINE SKIING FACILITY FOR MEMBERS.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	10
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	10
5	Total number of individuals employed in calendar year 2019 (Part V, line 2a) ......	5	20
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	8,062
b	Net unrelated business taxable income from Form 990-T, line 39 .........	7b	3,728

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	2,787	4,673
9	Program service revenue (Part VIII, line 2g) .........	108,125	107,245
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	1,108	1,709
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	65,718	58,932
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	177,738	172,559
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	62,627	60,182
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	122,999	125,058
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	185,626	185,240
19	Revenue less expenses. Subtract line 18 from line 12.......	-7,888	-12,681
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	274,488	280,032
21	Total liabilities (Part X, line 26).............	30,113	48,338
22	Net assets or fund balances. Subtract line 21 from line 20.....	244,375	231,694

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 181,242 including grants of $ ) (Revenue $ 159,824 )
	ALPINE SKIING FACILITY OPEN TO THE MEMBERS AND THE GENERAL PUBLIC.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses181,242

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	0	0	0

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f	4,673

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		4,673

		Business Code
2a	SEASONS TICKETS	713990	57,736		57,736
b	DAILY TICKETS	713990	27,097	5,419	21,678
c	OTHER INCOME	713990	16,573	11	16,562
d	PACKER FUND DRAWING	713990	5,839		5,839
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		107,245

3 Investment income (including dividends, interest, and othersimilar amounts) ......			1,509		1,509
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents	1,123	41,043	6a
b	Less: rental expenses	0	979	6b
c	Rental income or (loss)	1,123	40,064	6c
d	Net rental income or (loss).......			41,187		1,123	40,064
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory	200		7a
b	Less: cost or other basis and sales expenses	0		7b
c	Gain or (loss)	200		7c
d	Net gain or (loss).........			200			200
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a	7,507
b	Less: direct expenses ...		8b	1,332
c	Net income or (loss) from fundraising events..			6,175			6,175
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a	25,743
b	Less: cost of goods sold ..		10b	14,173
c	Net income or (loss) from sales of inventory..			11,570			11,570
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See instructions.....			172,559	0	8,062	159,824

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........	54,437	50,778	3,659
7	Other salaries and wages........
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......
10	Payroll taxes ...........	5,745	5,406	339
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........	3,252	3,252
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	1,556	1,556
12	Advertising and promotion ....	1,460	1,460
13	Office expenses .......
14	Information technology ......
15	Royalties ..
16	Occupancy ...........
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	19,622	19,622
23	Insurance ...	29,909	29,909
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	FEDERAL INCOME TAX (UBI	783	783
b	REPAIRS & MAINTENANCE	15,208	15,208
c	TAXES	10,641	10,641
d	ELECTRICITY	10,154	10,154
e	All other expenses	32,473	32,473
25	Total functional expenses. Add lines 1 through 24e	185,240	181,242	3,998	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			5,631	1	29,910
2	Savings and temporary cash investments .........			79,301	2	80,796
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............				4
5	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............			4,000	8	3,500
9	Prepaid expenses and deferred charges ......			108	9
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	618,758
b	Less: accumulated depreciation	10b	452,932	185,448	10c	165,826
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........				15
16	Total assets. Add lines 1 through 15 (must equal line 33)...			274,488	16	280,032

17	Accounts payable and accrued expenses .....		17
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..	30,000	23	25,000
24	Unsecured notes and loans payable to unrelated third parties ..		24	23,100
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	113	25	238
26	Total liabilities. Add lines 17 through 25..	30,113	26	48,338

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........		27
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....	0	29	0
30	Paid-in or capital surplus, or land, building or equipment fund ...	0	30	0
31	Retained earnings, endowment, accumulated income, or other funds	244,375	31	231,694
32	Total net assets or fund balances ...........	244,375	32	231,694
33	Total liabilities and net assets/fund balances ........	274,488	33	280,032

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

1a	Land .....	29,256		29,256
b	Buildings ....	168,622	96,821	71,801
c	Leasehold improvements
d	Equipment ....
e	Other .....	420,880	356,111	64,769
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				165,826

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(B)
(C)
(D)
(E)
(F)
(G)
(H)
(I)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)