2024-12-17T11:31:41-05:00 2024-06-30 841233353 MCNURLIN HITCHCOCK & ASSOCIATES PC 1987 WADSWORTH BLVD SUITE A LAKEWOOD CO 80214 990 2023-07-01 841190830 CRESTED BUTTE LAND TRUST CRES 9703491206 PO BOX 2224 CRESTED BUTTE CO 81224 JOHN SIMMONS PRESIDENT 9703491206 2024-12-17 true KIMBERLY J HITCHCOCKCPA P00291937 3039885648 2024-12-17 2023 2024-10-15 13:58:12Z JOHN SIMMONS 1549912 false X CBLANDTRUST.ORG X 1991 CO THE MISSION OF THE CRESTED BUTTE LAND TRUST IS TO FOREVER PROTECT AND STEWARD OPEN LANDS FOR VISTAS, RECREATION, WILDLIFE AND RANCHING, THUS CONTRIBUTING TO THE PRESERVATION OF GUNNISON COUNTYS UNIQUE HERITAGE AND QUALITY OF LIFE 13 13 8 170 0 958491 1078234 326710 355053 22393 70428 46567 46197 1354161 1549912 0 0 472305 506290 0 42452 463486 447827 935791 954117 418370 595795 16524969 17127000 340149 228183 16184820 16898817 X THE MISSION OF THE CRESTED BUTTE LAND TRUST IS TO FOREVER PROTECT AND STEWARD OPEN LANDS FOR VISTAS, RECREATION, WILDLIFE AND RANCHING, THUS CONTRIBUTING TO THE PRESERVATION OF GUNNISON COUNTYS UNIQUE HERITAGE AND QUALITY OF LIFE false false 816870 355053 THE PRESERVATION OF OPEN SPACE THROUGH LAND ACQUISITION AND EASEMENTS: A MAJOR MULTIYEAR PROJECT TO SUPPORT A FEDERAL LAND EXCHANGE AND ACCEPT A CONSERVATION EASEMENT ON MT EMMONS ADVANCED TO THE NEAR-CLOSING STAGE BY THE END OF THE TAX YEAR. CLOSING OCCURRED IN AUGUST 2024. WITH THE MT EMMONS PROJECT, THE CRESTED BUTTE LAND TRUST EXPANDED THE CONSERVATION PORTFOLIO BY 885 ACRES AND HELPED PROTECT CRITICAL WILDLIFE, RECREATION AND VIEW CORRIDOR FOR THE PUBLIC. IN ADDITION, THE LAND TRUST ADDED ONE OTHER CONSERVATION EASEMENT OF 40 ACRES LOCATED IN GUNNISON COUNTY NEAR MARBLE, COLORADO AT THE FORMER COLORADO OUTWARD BOUND BASECAMP IN PARTNERSHIP WITH THE ASPEN VALLEY LAND TRUST AND PITKIN COUNTY. STAFF MONITORED AND MAINTAINED 65 CONSERVATION EASEMENTS AND FEE OWNED PARCELS ACROSS 5700 ACRES. THE LAND TRUST IMPROVED TRAIL CONDITIONS SUPPORTED WILDLIFE HABITATS, CATTLE RANCHING AND RECREATIONAL ACCESS FOR THE PUBLIC. CRITICAL PARTNERSHIPS WERE ENHANCED THROUGH COLLABORATION WITH PRIVATE INDUSTRY, LOCAL GOVERNMENTS AND MISSION ALIGNED NON-PROFITS. PUBLIC OUTREACH PROGRAMS INCLUDED MANY FIRSTS SUCH AS THE DEBUT OF THE LAND TRUST'S SPANISH LANGUAGE FIELD TRIPS FOCUSED ON LOCAL SPANISH SPEAKERS WHO ARE NOT ALREADY ACCESSING LAND TRUST AND ADJACENT PARCELS FOR RECREATION. THE CRESTED BUTTE LAND TRUST SUCCESSFULLY RENEWED OUR 5 YEAR ACCREDITATION WITH THE LAND TRUST ALLIANCE THROUGH A RIGOROUS MULTI-MONTH APPLICATION AND REVIEW. LAND TRUST ALLIANCE ACCREDITATION IS THE ONLY NATIONAL STANDARD FOR PROFESSIONAL LAND TRUSTS TO PROVE COMPLIANCE WITH BEST PRACTICES ACROSS MULTIPLE PROGRAM AREAS. 816870 true true false false false false true true false true true false false false false true true false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false true 15 0 true 8 true false false false false false false false false false false false false false false X 13 13 false false false false false false false true true false false true true true true false true true true false X X X THE ORGANIZATION 9703491206 PO BOX 2224 CRESTED BUTTE CO 81224 X JAKE JONES EXECUTIVE DI 40.00 X 146624 0 0 ZACHARY CHENAULT DIRECTOR 4.00 X X 0 0 0 PETER DEA DIRECTOR 4.00 X X 0 0 0 TERRI VON DOHLEN DIRECTOR 4.00 X X 0 0 0 KILEY FLINT DIRECTOR 4.00 X X 0 0 0 KELLY HARRISON DIRECTOR 4.00 X X 0 0 0 JAMIE HENKLE DIRECTOR 4.00 X X 0 0 0 MICHAEL HIGUERA DIRECTOR 4.00 X X 0 0 0 JILL INDOVINO TREASURER 4.00 X X 0 0 0 JOHN MAHONEY DIRECTOR 4.00 X X 0 0 0 CHRIS RIOPELLE DIRECTOR 4.00 X X 0 0 0 TARA SCHOEDINGER SECRETARY 4.00 X X 0 0 0 JOHN SIMMONS PRESIDENT 4.00 X X 0 0 0 LAURA TOMLINSON VICE PRESIDE 4.00 X X 0 0 0 146624 1 false false false 1078234 85575 1078234 SPECIAL EVENTS 355053 355053 355053 70428 70428 OTHER INCOME 900099 46197 46197 46197 1549912 401250 70428 411626 362231 28814 20581 57573 50664 4030 2879 37091 32640 2596 1855 15707 13822 1099 786 36326 31967 2543 1816 14953 13158 1047 748 21605 9722 5834 6049 21205 9542 5726 5937 23112 20339 1617 1156 5631 5631 5300 4664 636 16220 16220 21425 21425 16505 9078 7427 COGS 163528 163528 DUES & SUBSCRIPTIONS 45557 40090 5467 GENERAL STEWARDSHIP 27849 27849 EQUIPMENT RENTAL 7395 6508 517 370 5509 4848 386 275 954117 816870 94795 42452 650093 999210 984050 1275978 51250 6250 1455 1710 48135 52005 14968247 185089 14774786 14783158 15200 8689 16524969 17127000 60648 25692 209501 202491 70000 340149 228183 X 15936017 16175544 248803 723273 16184820 16898817 16524969 17127000 595795 118202 X false true X true false X 1379479 794460 1233212 958491 1078234 5443876 5735 5283 5283 16301 1385214 799743 1238495 958491 1078234 5460177 5460177 15464 7722 6638 22393 70428 122645 16098 42627 148274 46567 253566 5836388 1127256 0.93550 0.95250 X PART II, LINE 10 OTHER INCOME PER AUDIT F/S 253,566 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 45 4356.00 1 true 240.00 27849 X false 1082608 123120 152767 1358495 923823 75000 83785 1082608 891642 78928 -46747 923823 780076 44668 76898 891642 659069 86240 34767 780076 0.92870 0.07130 false false 14318890 14318890 649357 185089 464268 14783158 X 1675842 118202 7728 125930 1549912 1549912 961845 7728 7728 954117 954117 SCHEDULE D, PAGE 1, PART II, LINE 5 THE ORGANIZATION HAS A WRITTEN POLICY REGARDING THE PERIODIC MONITORING, INSPECTION, HANDLING OF VIOLATIONS, AND ENFORCEMENT OF THE CONSERVATION EASEMENTS IT HOLDS. SCHEDULE D, PAGE 1, PART II, LINE 9 ALL COSTS ASSOCIATED WITH CONSERVATION EASMENTS ARE EXPENSED. DONATIONS OF CONSERVATION EASEMENTS ARE NOT RECOGNIZED, AS THE VALUE AN EASEMENT DONOR IS ABLE TO DEDUCT FOR INCOME TAX PURPOSES IS NOT AVAILABLE TO THE RECIPIENT CONSERVANCY ORGANIZATION. SCHEDULE D, PAGE 2, PART V, LINE 4 THE ORGANIZATION USES THEIR BOARD DESIGNATED ENDOWMENT FUNDS FOR EXPENDITURES RELATING TO MONITORING, MANAGING, AND DEFENDING CONSERVATION EASEMENTS AND ACQUISITIONS HELD BY THE ORGANIZATION. SCHEDULE D, PAGE 3, PART X THE LAND TRUST IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND STATE INCOME TAXES UNDER REGULATIONS IN THE STATE OF COLORADO. THEREFORE, THE LAND TRUST IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES IN CONNECTION WITH ITS EXEMPT ACTIVITIES. IN ADDITION, THE LAND TRUST IS TREATED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2024. THE STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE LAND TRUST MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE LAND TRUST AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEAR ENDED JUNE 30, 2024. X RENT 1 10272 X AUCTION PRIZES 1 75303 false true false FORM 990 - ORGANIZATION'S MISSION THE MISSION OF THE CRESTED BUTTE LAND TRUST IS TO FOREVER PROTECT AND STEWARD OPEN LANDS FOR VISTAS, RECREATION, WILDLIFE AND RANCHING, THUS CONTRIBUTING TO THE PRESERVATION OF GUNNISON COUNTYS UNIQUE HERITAGE AND QUALITY OF LIFE FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION'S FULL BOARD OF DIRECTORS, FINANCE COMMITTEE, AND EXECUTIVE DIRECTOR REVIEW THE FORM 990 PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION'S BOARD MEMBERS SELF MONITOR CONFLICTS OF INTEREST. BOARD MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION REVIEWED INDUSTRY STANDARDS AND USED COMPARISONS FROM OTHER RESORT COMMUNITY NON PROFITS TO DETERMINE THE COMPENSATION FOR TOP MANAGEMENT OFFICALS AND KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION REVIEWED INDUSTRY STANDARDS AND USED COMPARISONS FROM OTHER RESORT COMMUNITY NON PROFITS TO DETERMINE THE COMPENSATION FOR TOP MANAGEMENT OFFICALS AND KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION WILL PROVIDE THE DOCUMENTS UPON REQUEST.