Last Saturday was the Annual Shareholder Day at Mad River Glen. The Skier’s Mountain became owned by its skiers in 1995 when the past owner, Betsy Pratt, sold to the Mad River Glen Cooperative.
Quote taken from the Mad River Glen website:
From the very beginning, Mad River Glen has been unique, a place where skiing is a sport not an industry, working with nature not against it. Mad River Glen began a new era in 1995 when its skiers came together to form the Mad River Glen Cooperative. The Cooperative works to fulfill a simple mission:
“… to forever protect the classic Mad River Glen skiing experience by preserving low skier density, natural terrain and forests, varied trail character, and friendly community atmosphere for the benefit of shareholders, area personnel and patrons.”
In the past fifteen years, the Mad River Glen Coop has invested $4 millions dollars in capital projects which include the replacement of the Sunnyside double chair and the historically restoration of the single chair and is currently debt free. Pretty impressive for an ski area going it’s own thing. This Monday on Addict’s Attic, a brochure of Mad River Glen from the pre-Coop; a brochure that was used in 1994. An interesting note is the topographical trail map and mountain which goes down all the way to Mad River Glen Barn which is still owned by Betsy Pratt today.
More about the ski area.
And the Coop.