Tahoe Donner Association

Not tax-deductible

Truckee, CA501(c)(4)Since 1971EIN 23-7173283Revenue $36.2M in FY2024

On file with the IRStahoedonner.com11509 Northwoods Blvd, 96161-6000 · Truckee, CATax-exempt since Aug 1993

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The Association was organized to provide management services and maintenance of certain common areas within the subdivision. The Association operates and maintains facilities which include a golf course and clubhouse, downhill ski area, clubhouse with restaurant, nordic ski area, beach and marina area, equestrian center, campground, tennis facilities, recreation complex, pools and parks.

75¢ of each $1 spent went to programs.
Run by 54 volunteers and 710 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $5.3M a year · 18% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Fine: 75% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.5M
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$14.9M
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$36.2M
+5% vs prior year
Spent
$29.4M
To programs
75%
Net assets
$90.1M
By yearFY2020–FY2024
Revenue
$36.2M
FY2024▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$22.3M
FY2021$26.9M
FY2022$31.6M
FY2023$34.6M
FY2024$36.2M
Expenses
$29.4M
FY2024▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$18.3M
FY2021$22.0M
FY2022$26.8M
FY2023$28.4M
FY2024$29.4M
Net assets
$90.1M
FY2024▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$67.4M
FY2021$72.3M
FY2022$77.1M
FY2023$83.3M
FY2024$90.1M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1993.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $22.0M Management & general 25% · $7.4M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

19 people listed on the 990; $2.5M paid to officers and key staff.

Part VII, Section A · reportable compensation
General Manager
$285,884Pt VII · Sec A
Director of Capital Projects
$247,867Pt VII · Sec A
Director of Communications
$229,764Pt VII · Sec A
Director of Operations
$221,774Pt VII · Sec A
Director of Land Management
$210,311Pt VII · Sec A
Director of Information Technology
$209,906Pt VII · Sec A
Director of Food and Beverage
$182,113Pt VII · Sec A
Ski Area Manager
$156,974Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Annie Rosenfeld$285,884$242,741$176,037$140,853$200,492
David Mickaelian—$252,021$281,687$269,089$113,217
Todd-Martyn Jones—$251,111$213,701$197,160—
Jon Mitchell$247,867$231,751$167,828$179,473$151,746
Lindsay Hogan$229,764$205,654$141,916$166,413$144,484
Miguel Sloane$221,774$224,236$182,196$201,159$200,048
John Groom$210,311$202,428$162,820——
Jeremiah Cottrell$209,906$205,379$179,643$190,163$169,854

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Manages and maintains subdivision facilities like a golf course, ski areas, and recreation complex.

Questions for Tahoe Donner Association

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Provided by the organization

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3 programs · $9.8M · in their own filed words · FY2024
01

Food/Beverage

Meals were served in various locations including the lodge, alder creek cafe and pizza on the hill. Food services are available to members and non-members.

$3.4Mprogram expense
02

Downhill Ski Area

The association's ski hill and lodge are open to the general public. Lift tickets, lessons and food are provided to both the general public and members.

$3.2Mprogram expense
03

Depreciation on fixed assets & major repairs

$3.1Mprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$36.2M
Ln 12
Fees for servicesLn 2g$31.6M
Other incomeLn 4–11$3.0M
Investment incomeLn 3$1.6M
Money outPt IX
$29.4M
Ln 25
Programscol B$22.0M
Managementcol C$7.4M
Owns and owesPt X
$90.1M
net assets · Ln 32
Cash and savingsLn 1–2$14.3M
Total assetsLn 16$105.0M
LiabilitiesLn 26$14.9M
PeoplePt VI, VII
19
listed · VII A
PaidVII A14
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$31.6M
Investment incomeLn 3$1.6M
Other incomeLn 4–11$3.0M
Gains on assetsLn 7−$396K
Total revenueLn 12$36.2M
Assets in detailPt X, end of year
CashLn 1$12.0M
SavingsLn 2$2.2M
Cash and savings togetherLn 1–2$14.3M
InvestmentsLn 11–13$31.1M
Land, buildings, equipmentLn 10c$43.5M
Other assetsLn 15$13.7M
Total assetsLn 16$105.0M
LiabilitiesLn 26$14.9M
Net assetsLn 32$90.1M
OperationsPt I, VI
EmployeesI 5710
VolunteersI 654
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$8.2M$14.3M
InvestmentsLn 11–13$36.4M$31.1M
Land, buildings, equipmentLn 10c$45.0M$43.5M
Total assetsLn 16$94.6M$105.0M
LiabilitiesLn 26$11.3M$14.9M
Net assetsLn 32$83.3M$90.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$2.1M$724K$1.4M
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$10.9M$8.5M$2.4M
Pension plan contributionsLn 8$115K$48K$67K
Other employee benefitsLn 9$1.3M$927K$417K
Payroll taxesLn 10$1.3M$969K$323K
Management feesLn 11a$0
Legal feesLn 11b$70K$70K
Accounting feesLn 11c$47K$47K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$40K$28K$12K
Advertising and promotionLn 12$142K$124K$18K
Office expensesLn 13$94K$36K$57K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$16K$9K$6K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$13K$10K$2K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$3.1M$3.1M
InsuranceLn 23$1.8M$1.0M$740K
Other expenses (24a–d)Ln 24$4.6M$3.5M$1.1M
All other expensesLn 24e$3.8M$3.0M$838K
Total functional expensesLn 25$29.4M$22.0M$7.4M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $36.2M$29.4M$6.8M$90.1M 990 PDF
FY2023 $34.6M$28.4M$6.2M$83.3M 990 PDF
FY2022 $31.6M$26.8M$4.8M$77.1M 990 PDF
FY2021 $26.9M$22.0M$4.9M$72.3M 990 PDF
FY2020 $22.3M$18.3M$4.0M$67.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $36,175,733 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $178,820$0
I-9 Program service revenuePrior year $29,523,300$31,571,175
I-10 Investment incomePrior year $1,839,110$1,617,943
I-11 Other revenuePrior year $3,054,454$2,986,615
I-12 Total revenuePrior year $34,595,684$36,175,733
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $14,987,324$15,688,633
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $13,391,906$13,703,891
I-18 Total expensesPrior year $28,379,230$29,392,524
I-19 Revenue less expensesPrior year $6,216,454$6,783,209
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $36,175,733 across 8 lines filed
Lines not itemized here account for $2,986,615 of total revenue; see the IRS return.
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $31,571,175$31,571,175
VIII-3 Investment incomeExcluded from tax $2,014,289$2,014,289
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission −$396,346−$396,346
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $34,069,571 · Unrelated business $91,873 · Excluded from tax $2,014,289$36,175,733
Part IX · Statement of functional expenses $29,392,524 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $724,497 · Management $1,359,596$2,084,093
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $8,500,183 · Management $2,352,752$10,852,935
IX-8 Pension plan contributionsPrograms $48,417 · Management $66,985$115,402
IX-9 Other employee benefitsPrograms $926,961 · Management $417,355$1,344,316
IX-10 Payroll taxesPrograms $969,053 · Management $322,834$1,291,887
IX-11a Management fees$0
IX-11b Legal feesManagement $70,481$70,481
IX-11c Accounting feesManagement $47,180$47,180
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $28,368 · Management $11,891$40,259
IX-12 Advertising and promotionPrograms $123,503 · Management $18,432$141,935
IX-13 Office expensesPrograms $36,426 · Management $57,282$93,708
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $9,495 · Management $6,431$15,926
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $10,332 · Management $2,394$12,726
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $3,112,164$3,112,164
IX-23 InsurancePrograms $1,039,467 · Management $740,143$1,779,610
IX-24 Other expenses (24a–d)Programs $3,458,831 · Management $1,096,554$4,555,385
IX-24e All other expensesPrograms $2,996,580 · Management $837,937$3,834,517
IX-25 Total functional expensesPrograms $21,984,277 · Management $7,408,247 · Fundraising $0$29,392,524
Part X · Balance sheet $104,981,823 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $6,694,597$12,024,611
X-2 Savings and temporary cash investmentsStart of year $1,555,248$2,248,308
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $492,154$336,308
X-8 Inventories for sale or useStart of year $510,431$446,901
X-9 Prepaid expenses and deferred chargesStart of year $1,804,587$1,624,610
X-10c Land, buildings and equipment, netStart of year $44,987,223$43,450,576
X-11 Publicly traded securitiesStart of year $36,413,362$31,143,891
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $2,158,049$13,706,618
X-16 Total assetsStart of year $94,615,651$104,981,823
X-17 Accounts payable and accrued expensesStart of year $2,422,557$3,777,725
X-19 Deferred revenueStart of year $8,468,043$10,769,038
X-25 Other liabilitiesStart of year $390,100$316,900
X-26 Total liabilitiesStart of year $11,280,700$14,863,663
X-32 Total net assets or fund balancesStart of year $83,334,951$90,118,160
X-33 Total liabilities and net assetsStart of year $94,615,651$104,981,823
Part XI · Reconciliation of net assets $90,118,160 net assets at year end
XI-1 Total revenue$36,175,733
XI-2 Total expenses$29,392,524
XI-3 Revenue less expenses$6,783,209
XI-4 Net assets at start of year$83,334,951
XI-10 Net assets at end of year$90,118,160

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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