The New Hampshire ski area will remain under private ownership.
Thursday, March 12, 2026, NewEnglandSkiIndustry.com
In what was described as a 'massive direction change,' Indy Ski Pass owner Erik Mogensen announced today that he is abandoning plans to transition Black Mountain to a cooperative model. Instead, Entabeni Systems and Indy Ski Pass will permanently relocate to New Hampshire.
In an e-mail sent today, Mogensen stated, "We will be the long-term custodian and again 100% owner of Black Mountain. I am grateful that every single shareholder not only consented, but also allowed me to purchase back their stock at par to their original purchase price. This direction change is only possible because of their trust and belief that the best path forward for a sustainable and vibrant Black Mountain is under the stewardship of Entabeni, Indy Pass and myself.
"Black Mountain will become a laboratory and incubator where we will aggressively try to solve some of the biggest challenges facing independent ski areas. Aging infrastructure, rising costs, and big money competition demand critical thinking and fresh solutions. Our world class team will permanently relocate, building their own lives in the Mount Washington Valley. I look forward to building my life and a family in this incredible place I will now call home."
Black Mountain Co-op LLC was registered as a New Hampshire business entity on November 12, 2024 and was converted to Black Mountain Community Corporation on May 20. Mogensen is listed as its president.
Black Mountain Community Corporation acquired the 78.36 acre upper mountain tract and 15.57 acre base area and Whitney's Hill tract of Black Mountain on May 23 from John Fichera's Northern Mountain Realty Trust for $2.6 million. As part of the deal, Fichera retained the right to any sale proceeds in excess of $2.6 million, should the property be resold within the next five years. According to the Carroll County Registry of Deeds, two mortgages were granted on the day of the sale. A $2.5 million mortgage is now held by Entabeni Systems Real Estate of Colorado, while another $2.5 million mortgage is held by Thadeus Mocarski of Rhode Island.
Located in Jackson, New Hampshire, Black Mountain first opened with lift-served skiing during the winter of 1935-36. The Fichera family operated Black Mountain following the ski area's 1995 bankruptcy through 2023, when Indy Pass's Erik Mogensen announced that he would be providing operational support and hiring former Saddleback general manager Andy Shepard to help find a new owner. The 1,100 vertical foot area features a lift fleet of a 1965 double chairlift, a 1984 triple chairlift, and three surface lifts.
