Early talks amongst residents identified a need for an arena for events and recreation and citizens formed the MCFA board, which was State incorporated as a Non-Profit Organization in 2001.
The Mineral County Fairgrounds Association is a non-profit cooperation with 501(c)(3) federal tax status. MCFA is a Colorado Enterprise Zone Project. Cash donations of $100 or more provide a 25% Colorado tax credit opportunity through the San Luis Valley Enterprise Zone.