Frequently Asked Questions
How do I get my benefits if I am a member?
Go to this page and read up or download the .pdf and take with you. If you are a season pass holder, go to the season pass office where you will get a new Co-op member specific season pass. If you are not a season pass holder, you will need to go to the Resort and get a member ID card at the season pass office. Go here to How To Get Benefits
How much does it cost to become a shareholder?
A share in the Bear Valley Mountain Cooperative costs $2,500 for an individual. Shares may be purchased through a single payment or in 36 monthly installments and either way; you start enjoying the benefits immediately! There is an annual and optional “Annual Membership Commitment” (AMC) of ~$300 payable to the resort operator (Skyline) which can be applied to nearly every product and service on the mountain and village including season passes, tickets, lockers, ski school and food. The advance purchase requirement does not represent an additional expense for most shareholders.
Why do I have to pay $300.- per year in AMC?
Payment of the AMC activates your benefits for that year. However if you cannot use, or do not want to have the benefits, you do not have to pay the AMC.You are still a voting member and may participate in all governance roles and responsibilities.
Also you can re-activate your AMC at any time in the future if you want to take advantage of the benefits.
What are the benefits of being a member?
Besides being a voting owner of your local cooperative, you will have the following benefits; a discounted season pass/individual and day tickets, friends/family discounts, free skiing for members 70+ years old, mountain facility and food discount, and free attendance at select mountain events. See details on "about/coop benefits" page.
Can I sell my share?
Your membership can be sold back to the Co-op and your membership fee will be returned in full minus a $250 transfer fee. Repayment of your membership fee is contingent on available funds. It is always our hope that if you will decide to sell you will have your share repurchased by a friend or family member.
Am I liable for any financial or personal liability risk incurred by the mountain?
No. Your liability and risk is limited to your $2500 share cost. The cooperative is a California Cooperative Corporation which protects the individual investors from liability and financial risks associated with any business. In addition the Co-op does not have any operational or P&L responsibilities. All financial risks and benefits are with Skyline.
What is the agreement with Skyline?
The cooperative has a contractual relationship with Skyline Bear Valley that reflects our combined commitments to provide benefits to members; a process for providing funds for improvements; shared governance; and financial commitments between the two groups. This binding contract was ratified by the charter membership along with the cooperatives Bylaws.
What happens if Bear Valley is every sold?
If the resort is sold Skyline will return nearly your complete share investment if the Co-op does not move forward with the new partner. The payment will be nearly for your full share because they only are responsible for returning the value of investments in the resort.The operating expenses of the co-op, which are limited to 7% of membership proceeds in our Bylaws, are non-refundable in this situation.
How many shareholders are there?
The BVM Co-op has currently registered a limit of 4000 members with the state of California, but can get started with a much smaller number. This limit may be increased in the future if need to be. There were approximately 550 charter members in the Co-op, some who own multiple memberships.
The Bear Valley Mountain Cooperative will continue to sell memberships shares indefinitely and a large Co-op has strength in numbers and diversity.
How can I get involved?
Buy a membership share! Educate yourself on the issues and vote. Offer your expertise when the need arises: engineering, fundraising, financial analysis, web design, etc. Talk it up to neighbors, chairlift partners, friends and family or have your business or the company you work for purchase a Sustainability Certificate.
Can a business become a member?
No. The business membership is no longer an option. Businesses that have purchased a share should convert to individual shareholder status. Also it is expected that Skyline will offer a business sponsorship program
When is my first AMC payment due after I purchase a share?
Your AMC payment of $300/share is due on April 1st of the year after you purchase your membership share if you choose to activate your member benefits for the following season. If you purchase a share up until March of any year, you will not have to pay your share until April 1st of the following year. If you do NOT need or intend to use the benefits, you do not need to pay to active your AMC and simply participate in ownership and governance of your cooperative.
Can I buy more than one share?
An individual can purchase more than one share. However, each individual can only have one vote as per the bylaws. The AMC of $300/year is required to activate your benefits, so any shares that you own that are associated with a person or will need to pay that amount. However, if you do not need the benefits and want to support the coop effort by buying extra shares, you can simply buy the share and you will not be obligated to pay the $300/year AMC until you want to activate its benefits at a later date.