Aspen nonprofit’s land in jeopardy
September 10, 2009
ASPEN – An Aspen nonprofit organization stands to lose a 35-acre plot of land to foreclosure if it can’t come up with at least $35,000 by Sept. 18.
The Living Arts Foundation, which has owned the Mountain Springs Ranch for 12 years, is in default on a loan to the tune of $265,000, according to the organization’s artistic director, Sarah Pletts.
If the nonprofit can’t drum up the minimum amount of $35,000, which is needed to cure the loan, the land will go up for sale in a foreclosure auction. The Mountain Springs Ranch is located just outside of Glenwood Springs in Garfield County.
“It has been such a challenging time for nonprofits,” Pletts said. “I’m not trying to panic. I’m a very faithful person.”
The ranch has been used by the Living Arts Foundation as a place to retreat and “be together with a group of others wishing to be closer with nature,” according to literature from the nonprofit.
A retreat is scheduled for Sept. 25-27, a week after the scheduled foreclosure auction. But the cost to attend the retreat – $145 for individuals and $175 for businesses – is due by Sept. 15.
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Pletts said the retreats help mold the identity of the Living Arts Foundation, which is 28 years old. The Mountain Springs Ranch, at approximately 8,200 feet above sea level and a sanctuary for wildlife, provides an ideal setting, Pletts said.
“We’re not a big organization, and this land is huge for us,” she said. “If we lose the retreat … I don’t know if we’re going to recover from it. It’s really serious.”
A dancer, performance artist and Aspen resident, Pletts has for years been involved in local dance productions, environmental causes and Native American affairs.
For more information, contact Pletts at 925-7108 or email@example.com.