The Chipita Park Association is registered as a 501(c)(4) nonprofit social welfare organization and operates in accordance with the CPA Articles of Incorporation. The affairs and management of the Association are under the control of a Board of Directors consisting of four officers: a President, Vice President, Secretary, and Treasurer; and five Members-at-Large.

The primary purpose of the Association is to provide community-centered social and educational activities for residents of Chipita Park, Green Mountain Falls and Cascade, Colorado. 

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The Association owns and operates Marcroft Hall for the benefit of its members and the community, and is entrusted with stewardship of the Hall and associated property.