2022-01-08T13:38:14-08:00 2021-06-30 820467399 Rudd & Company PLLC 3805 Valley Commons Drive Suite 7 Bozeman MT 59718 990 2020-07-01 810464513 GALLATIN VALLEY LAND TRUST GALL 4065878404 212 S WALLACE STE 101 BOZEMAN MT 59715 MIKE ELLIG Treasurer 2022-01-08 true MIKE ELLIG 999009999 DANE HANCOCK CPA P01821031 4065853393 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Charles Work 2203826 false X www.gvlt.org X 1990 MT GALLATIN VALLEY LAND TRUST CONNECTS PEOPLE, COMMUNITIES, AND OPEN LANDS THROUGH CONSERVATION OF WORKING FARMS AND RANCHES, HEALTHY RIVERS, WILDLIFE HABITAT, AND THE CREATION OF TRAILS IN THE MONTANA HEADWATERS OF THE MISSOURI AND UPPER YELLOWSTONE RIVERS. 17 17 15 659 0 1884107 1896817 115995 100598 283272 145886 -45575 -5847 2237799 2137454 0 0 931874 1039282 0 269948 487742 441745 1419616 1481027 818183 656427 7540295 9089839 240471 81088 7299824 9008751 GALLATIN VALLEY LAND TRUST CONNECTS PEOPLE, COMMUNITIES, AND OPEN LANDS THROUGH CONSERVATION OF WORKING FARMS AND RANCHES, HEALTHY RIVERS, WILDLIFE HABITAT, AND THE CREATION OF TRAILS IN THE MONTANA HEADWATERS OF THE MISSOURI AND UPPER YELLOWSTONE RIVERS. false false 588977 Land Conservation - GVLT furthered its mission to conserve working farms andranches, wildlife habitat, and river corridors in the Gallatin Valley. We identify strategic areas with high conservation values and work to conserve blocks of open land that protect special parts of the valley. We hold 118 conservation easements covering 50,521 acres. Our staff develop long-term relationships with landowners and visit each conservation easement annually to monitor their condition and partner with landowners on restoration projects to improve eroding streambanks, plant vegetation, and enhance floodplains. In FY21 we conserved 1,522 acres of land in the Gooch Hill, Churchill, East Gallatin, Paradise Valley,and Madison River areas. We also continued our integrated conservation and recreation project model by purchasing a 18 acre property in Bear Canyon for potential future public access and habitat protection. 294456 100598 Community Trails - GVLTs Community Trails Program continued to connect people,communities, and the land through collaborative trail projects. In 30 years GVLT has helped create over 80 miles of trail. Our Trails staff worked with 32 volunteer groups to maintain community trails at Drinking Horse, Bozeman Pond, Triple Tree, Painted Hills, Highland Glen Nature Preserve, Gallagator Trail, Sourdough Trail, Kirk Hill, and Glen Lake Rotary Park. We partnered with other outdoor recreation groups to launch an Outside Kind campaign to share messages with the public about appropriate and considerate outdoor behavior. 124787 Education GVLT shares monthly news with over 18,000 supporters on communitytrails, private land conservation, and related public events. GVLT publishes audited financial statements, IRS Form 990, and an annual report on the website. The 21 young professionals on the NextGen Advisory Board educate and inspire their peers to volunteer and support GVLT. We joined local land use planning efforts to highlight trail systems and natural resource protection. GVLT hosted 659 volunteers for 2,466 hours of service and educated them all on GVLTs mission and accomplishments. GVLT brought the trails to life with families through a partnership with Random Acts of Silliness on the Fairy Village. The Summer Trails Challenge engaged thousands of community members to explore the trails and log 77,500 miles of trail use in three weeks. 1008220 true true false true false false true false false true true false false false false false true false false false false false false false true false false false false false false false false false false false false false true true false false false false false false false true 17 0 true 15 true false false false false false true true false 0 false false false false false false false X 17 17 false false true false false false false true true false false true true true true true true true true false X X CHARLES WORK 4065878404 212 S WALLACE STE 101 BOZEMAN MT 59715 X CHARLES WORK EXECUTIVE DIRECTOR 40.00 0.00 74325 0 12316 PENELOPE PIERCE EXECUTIVE DIRECTOR 40.00 0.00 41756 0 11687 JEFF OTT Director 1.00 0.00 X 0 0 0 SUSAN DANA VICE CHAIR 2.00 0.00 X X 0 0 0 JUSTIN BIGART Director 1.00 0.00 X 0 0 0 MARK KEHKE Director 1.00 0.00 X 0 0 0 BILL COCHRAN CHAIR 2.00 0.00 X X 0 0 0 MEGHANN MCKENNA Director 1.00 0.00 X 0 0 0 MIKE ELLIG Treasurer 2.00 0.00 X X 0 0 0 KEITH REED Secretary 2.00 0.00 X X 0 0 0 RICH HOHNE Director 1.00 0.00 X 0 0 0 LAWRIE LIEBERMAN Director 1.00 0.00 X 0 0 0 CARLYE COOK Director 1.00 0.00 X 0 0 0 KATY HOOD Director 1.00 0.00 X 0 0 0 DEB STEPHENSON Director 1.00 0.00 X 0 0 0 JON CATTON Chair 1.00 0.00 X 0 0 0 KARIN BOYD Director 1.00 0.00 X 0 0 0 CATHY COSTAKIS Director 1.00 0.00 X 0 0 0 TRACY FAIRBANKS Director 1.00 0.00 X 0 0 0 116081 24003 0 false false false 0 85360 336577 1474880 162657 1896817 CONSERVATION EASEMENT FEE OTHER INCOME 3331 3331 PROGRAM FEES 97267 97267 100598 96620 96620 0 0 0 109791 60525 49266 49266 49266 85360 5847 -5847 -5847 0 0 0 2137454 149864 90773 0 0 0 0 141068 59248 45142 36678 0 733671 510394 94074 129203 0 86359 54678 16117 15564 78184 50439 13504 14241 0 1845 1837 2 6 16118 1002 14594 522 0 0 0 92223 88853 1842 1528 15733 9854 1002 4877 0 52496 29489 4037 18970 0 108300 65239 9011 34050 5481 5146 137 198 0 0 0 0 11148 9608 322 1218 18892 14098 1003 3791 EASEMENT EXPENSE 78627 78627 DUES & LICENSES 17775 17605 170 CONSTITUENT SUPPORT 10610 5998 935 3677 Postage and Shipping 8977 5188 473 3316 3520 917 664 1939 1481027 1008220 202859 269948 897621 1685382 1925383 1139179 42617 32667 576 1156 0 0 0 10306 7445 1308 1308 1234555 61077 772626 1173478 3876873 5041239 0 0 0 12985 7985 7540295 9089839 80471 81088 160000 240471 81088 X 3904161 4411557 3395663 4597194 7299824 9008751 7540295 9089839 656427 1052500 X false true X true false X 788347 1314109 1227973 1884106 1896817 7111352 0 0 788347 1314109 1227973 1884106 1896817 7111352 632752 6478600 62819 65641 116586 159361 96620 501027 0 0 7612379 411535 0.85110 0.72700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false 197123 197123 295685 72223 72223 49281 49281 73922 X X X 118 50 1 true 16 149187 false 1742316 541374 48500 2235190 1707475 81441 46600 1742316 1630446 77029 1707475 1551241 125205 46000 1630446 1404483 176758 30000 1551241 0.60000 0.40000 true false false 1162000 1162000 37900 33036 4864 34655 28041 6614 1173478 3207637 1052500 11836 5847 1070183 2137454 2137454 1498710 11836 5847 17683 1481027 1481027 Part II, Line 5: Summarized Policy The Gallatin Valley Land Trust (GVLT) is accredited by the national Land Trust Accreditation Commission. GVLTs Monitoring Policy mandates annual monitoring of all conservation easement properties, including personal site visits and interviews with the landowner. The policy also requires permanent documentation of the monitoring visit and regular communications with landowners. GVLTs Violations Policy emphasizes tools to help prevent violations and outlines the procedure should a violation occur, including the role of staff and Board of Directors, and describes possible enforcement actions.GVLTs template conservation easement reflects our Monitoring and Violations Policies in standard language about access for monitoring (Section 7), baseline documentation reports (Section 9), Prior Notice and Approval (Section 4), and Breach and Restoration (Section 5). Part II, Line 9: Organization Reporting of conservation easements. Conservation easements accepted by Gallatin Valley Land Trust (GVLT) are not recorded as assets or revenues because the conservation easements provide the land trust with no affirmative rights other than monitoring and enforcing the easement. Part V, Line 4: Intended uses of the endowment fund. The endowment fund is a depository for special gifts to GVLT from donors who instruct their gifts are for charitable endowment purposes and are not wholly expendable by the institution on a current basis. ENDOWMENT FUNDS ARE TO BE RESPONSIBLY MANAGED TO ALLOW FOR ACCUMULATION AND INCOME FOR EXPENDITURE TO ACCOMPLISH THE ORGANIZATION'S CHARITABLE PURPOSES. THESE PURPOSES INCLUDE, BUT ARE NOT LIMITED TO, THE PROTECTION, PRESERVATION AND ENHANCEMENT OF THE LANDS ADJACENT TO RIVER AND CREEK CORRIDORS, WILDLIFE HABITAT, RECREATIONAL OPPORTUNITIES, SCENIC OPEN SPACE, AGRICULTURAL LANDS AND HISTORIC SITES; TO ACQUIRE REAL AND PERSONAL PROPERTY INCLUDING EASEMENTS AND CONSERVATION EASEMENTS; AND TO ACQUIRE, CONSERVE, HOLD, AND DISPOSE OF LAND AND INTERESTS IN LAND. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 FUNDRAISING EVENT EXPENSES $5847 Part XII, Line 2d: Other expenses and losses per audited F/S FUNDRAISING EVENT EXPENSES $5847 false TRAILS CHALLENGE 55210 55210 242 TRAIL MIX 28446 28446 766 83656 83656 1008 1008 -1008 X 6 1 160000 FMV BENCHES 1 2000 FMV SUPPLIES 2 657 FMV 1 false false false Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents The By-Laws were amended and restated at the August 2019 board meeting. These amendments include clarifying the authority given to Officers and/or Staff to sign contracts and agreements, especially regarding real property interests; clarifying the role of the Executive Director and permitting them to delegate authority to sign contracts, agreements, etc. (but not real property interests) to any appropriate employee, subject to the approval of the Board of Directors. It also included modifying Board terms to align with the calendar year in order to provide consistency (beginning Jan 1, ending Dec 31), as well as a provision for the Board to extend by special resolution a Directors term for up to one year; clarifying that the Board Chair may appoint Board members other than Officers as voting members of the Executive Committee; establishing the NextGen Advisory Board as a Committee of the Board and appointing the NextGen Chair as an Ex-Officio, non-voting member of the Board; and deleting the provision that allows any interested person to attend Board meetings. The amendments removed gendered language from the By-Laws, clarified language in several sections to remove ambiguity, and added language that each Director shall have one vote. Form 990, Part VI, Line 11b: Form 990 Review Process RUDD & COMPANY, PLLC DELIVERS A COPY OF THE FORM 990 AND ALL REQUIRED SCHEDULES IN TIME FOR INCLUSION IN A BOARD PACKET. THE FINANCE COMMITTEE AND BOARD OF DIRECTORS SUBSEQUENTLY REVIEWED AND APPROVED THE 990. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts ANNUAL DISCLOSURE OF POSSIBLE CONFLICTS OF INTEREST: EFFECTIVE 7/1/2009 EACH BOARD & STAFF MEMBER IS REQUIRED TO DISCLOSE ANY AND ALL INTERESTS THAT COULD GIVE RISE TO CONFLICTS. MONITORING & ENFORCING COMPLIANCE WITH POLICY: THE CHAIR AND EXECUTIVE DIRECTOR (ED) MAKES SURE EVERY BOARD MEMBER HAS A COPY OF THE POLICY AND IS AWARE OF THE RESPONSIBILITY TO DISCLOSE REAL OR PERCEIVED CONFLICTS. THE CHAIR AND EXECUTIVE DIRECTOR ENSURES THAT PROCESSES IN POLICY ARE ADHERED TO IN SITUATIONS FOR REAL OR PERCEIVED CONFLICT, AND THIS IS DOCUMENTED IN THE CONTEMPORANEOUS MINUTES OF MEETINGS. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The board executive committee perform an annual review of the Executive Director's performance. They use evaluation forms to solicit feedback from both the board and staff. SALARY SURVEYS PROVIDE COMPARABILITY DATA (NATIONAL AND REGIONAL RESOURCES), FULL BOARD VOTES ON COMPENSATION AND PERFORMANCE STANDARDS, TERMS ARE DOCUMENTED IN EMPLOYMENT CONTRACTS. OFFICERS ARE NOT COMPENSATED, AND AT THIS TIME THERE ARE NO OTHER KEY EMPLOYEES BESIDE THE EXECUTIVE DIRECTOR. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available ALL GOVERNING DOCUMENTS, POLICIES, FORM 990S AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ON THE ORGANIZATION'S WEBSITE: WWW.GVLT.ORG.