Northeast Ski Resort Turns Seeks $50,000 Through Crowdrise Campaign

Lost Valley 2

In an effort to save their precious ski resort, an organization known as the Friends of Lost Valley have launched a $50,000 Crowdrise crowdfunding campaign to save the wintry destination in Auburn, Maine before it closes down for good.

Lost Valley 1Lost Valley Ski and Banquet Resort has been serving the Lewiston Auburn community since 1961 and is known as a safe and friendly family ski resort. Children and adults alike may learn how to ski, continue to work on their skills and create memories.

Unfortunately, the resort has struggled and has declined in repair along with appearance over the years. The machinery, equipment, and infrasturacture has become extremely outdate and inefficient. Along with those issues, the 2008 recession also hit the resort hard.  This in return has caused the owners to think about the possibility of closing down for good.

Luckily for the resort, Friends of Lost Valley have banded together to find a solution to keep the valley alive. While they do release that there are larger leadership and other challenges that will need to be addressed, they are presently hard at work – hand-in-hand with the current management- finding solutions to these longer-term issues.

Lost Valley 3The organizers wrote, “However, in the short term, Lost Valley remains in triage, in need of an immediate cash infusion to stay in the game and at least open it’s doors for the 2014/15 ski season. The resort will need the support of its community to make this happen.”

Friends of Lost Valley has created the campaign to meet two funding benchmarks, which are the following:

  • $50,000 will allow the resort to stay partially open, along with getting the much-loved colored chair swinging again for 2014/15.
  • $100,000 will allow for a full opening, with both colored chair and the silver chair to be fully operational for the 2014/15 season.

Lost Valley 4It was also revealed that if the organization fails to reach the funding threshold to allow Lost Valley to stay open, all collected funds will be donated to the Auburn Ski Association, Central Main Adaptive Sports, and other local 501(c)(3) nonprofit organizations that support skiing in the Auburn community. Should that scenario happen, all donations would be tax deductible.

Organizers then added, “As we work to solve the larger challenge ahead, Friends of Lost Valley thank you for your crucial support at this urgent time! Together, we can Save Lost Valley!”

Set to close on October 17th, the campaign has already raised over $7,000.


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Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 26, 2026 vs Jan 1, 2025 - Oct 26, 2025

Share this graph
Number of Filings131Prior 126 +4.0%
Target Raise, Total$3.40BPrior $3.54B -3.9%
This YTDYear priorChange
Filings 131 126 +4.0%
Target raise $3.40B $3.54B -3.9%

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Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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