How the Co-op Works

Becoming a Co-op Shareholder

A share in the Mad River Cooperative costs $2,000. Shares may be purchased through a single payment or in 40 monthly installments of $50 with a $150 down payment. The installment option enables anyone who loves and appreciates Mad River to become an owner for as little as $50 per month. Either way, you start enjoying the benefits immediately! The only other cost is the annual advance purchase requirement (APR) of $200. Since advance purchases can be applied to nearly every product and service on the mountain, including season passes, tickets, ski school and food, the advance purchase requirement does not represent an additional expense for most shareholders.

Co-op Philosophy

The Mad River Glen Cooperative’s mission is to protect forever the classic Mad River Glen skiing experience by preserving low skier density, natural terrain and forests, varied trail character, and a friendly community atmosphere for the benefit of its shareholders, personnel, and patrons. The staff and the Board of Trustees are guided by the Co-op’s Strategic Plan and the Co-op By-laws.

Co-op Structure

The Mad River Glen Cooperative is governed by the Co-op’s By-Laws. The mountain is operated by the staff under the leadership of the General Manager. The GM is hired and evaluated by the Co-op’s Board of Trustees, whose nine-members are elected by the Co-op Shareholders. There are 6 in-seats and 3 out-of-state seats on the board all with three-year terms. There is a two-term limit for Trustees. The Trustees meet roughly 10 times per year and there is an Annual Co-op Shareholders Meeting each year on the first Saturday in April. The Mad River Glen Cooperative’s annual Co-op Shareholder’s Meeting will take place on Saturday, April 2, 2022. The meeting will take place at 5 pm on the 3rd floor of the Basebox Lodge. All Co-op Shareholders are welcome to attend the meeting and are encouraged to vote in the election.

Executive Committee

Matthew Milan, President (Out-of-State Seat)
Brad Noble, Vice President (Out-of-State Seat)
Andrew Carey, Treasurer (Out-of-State Seat)
Barclay Rappeport, Secretary (In-State Seat)

Other Trustees on the Board:

Jeff Whittingham (In-State Seat)
Carol Pierce (In-State Seat)
Will Kriewald (Out-of-State Seat)
Meg Schultz (In-State Seat)
Andy Weis (In-State Seat)

Finance Committee

Chair:  Andrew Carey, Treasurer
The Finance Committee generally meets the Wednesday before each monthly Board Meeting at 8:00 AM via a conference call. For more information about Finance Committee meetings contact the Treasurer.

Mission Statement:
The Finance Committee of the Mad River Co-op will meet regularly and perform a review of interim financial statements, operating budgets, and forecasts. It will also act as an advisory committee for management on financial issues, as they arise. The Committee will review financials for compliance with previously established guidelines and conformity to the co-op’s long term financial plans; review long-range financial plans in an advisory capacity for management and the board, and meet with Auditors to review or resolve any issues that they identify, and report back to the Board. The Committee will be available to the Board and Mad River Management to review any and all financial issues that come before the Board, as requested.

Facilities Committee

Chair: Britton Rogers
The Facilities Committee meets on an as-needed basis, generally 6 times per year. For more information on Facilities Committee meetings contact the chair via email.

Facilities Committee Mission Statement:

1) Architectural Vision and Advice:

The Committee, in conjunction with the Management, will undertake specific assignments from the Board to develop a consensus for architectural vision to govern specific construction projects, establish building design criteria, conduct design reviews, make recommendations and/or establish an approvals process.

2) Facilities Improvements and Tactical Planning:

The Committee, in conjunction with the Management, will make recommendations on needed and/or required improvements, maintenance and general upkeep of the facilities.

3) The Committee’s Mission will:

  • be consistent with the By-Laws and be guided by the Strategic Plan
  • include alignment to environmental and energy saving goals, etc.
  • NOT include discussion pertaining to the mountain trails, flora and fauna, and related elements, i.e. water bars, signs, culverts, etc.

Elections & Board Development Committee

Chairs: Barclay Rappeport
The Elections & Board Developments Committee meets on an as-needed basis. For more information on the Committee or to inquire about running for the board contact Barclay Rappeport.

Mission Statement for the Board Development & Governance Committee

If you are interested in running for a seat on the Co-op’s Board of Trustees you can learn more about the process by reviewing last year’s annual meeting. Please contact Election & Board Development Chair for any additional information or to declare your candidacy for the Trustee Elections. Candidates must declare by January 15.

Fundraising Committee

Chairs: Annika Holtan & Brad Noble

Have a Question or Concern? 

You are encouraged to become involved with the Co-op and your input is important to us. However, we ask that you do not confront Mad River Glen employees directly with your comments or complaints. Please use the following liaisons to field your questions, comments, and concerns:

Matt Lillard: General Manager
802-496-3551 ext. 114 or via e-mail;

Co-op Board of Trustees