2020-11-12T16:00:38-06:00 2019-12-31 810385940 ANDERSON ZURMUEHLEN & CO PC PO BOX 1040 HELENA MT 596241040 990 2019-01-01 810506868 PRICKLY PEAR LAND TRUST PRIC 4064420490 PO BOX 892 HELENA MT 59624 PAULA JACQUES TREASURER 4064420490 2020-10-19 1 SUZANNE M SEVERIN CPA P00254608 4064421040 2020-10-19 71.92.235.247 2020-10-19 15:19:16 MD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 EB7B909F2DAB67A0E0D9254C15BEDB076C7DA16F 2019 2021-01-29 14:40:06Z PAULA JACQUES PO BOX 892 HELENA MT 59624 3261592 0 X WWW.PRICKLYPEARLT.ORG X 1996 MT TO INSPIRE CONNECTIONS TO THE LANDSCAPES, WATER, WILDLIFE, RECREATION AND AGRICULTURAL HERITAGE OF WEST-CENTRAL MONTANA THROUGH CONSERVATION, NOW AND FOR FUTURE GENERATIONS. 14 14 13 575 0 0 1062734 3049284 31135 25605 12679 14619 75518 96732 1182066 3186240 0 0 0 0 470504 445396 0 0 89171 535052 2150324 1005556 2595720 176510 590520 3929962 4340369 507905 231327 3422057 4109042 TO PROTECT THE NATURAL DIVERSITY & RURAL CHARACTHER OF THE PRICKLY PEAR VALLEY & ADJOINING LANDS THROUGH VOLUNTARY & COOPERATIVE MEANS TO PERPETUATE THE RECREATIONAL, WILDLIFE, SCENIC, AGRICULTURAL & HISTORIC VALUES OF THE LAND. 0 0 2069529 2324 CONSERVATION LAND AND EASEMENT ACQUISTION & MONITORING - PLANNING & ACQUISITION OF EASEMENTS TO PERMANENTLY PROTECT CONSERVATION VALUES OF SPECIFIC LAND PARCELS. IT INCLUDES PPLT'S PROGRAM TO WORK WITH PRIVATE LANDOWNERS WHO WISH TO PRESERVE THE OPEN SPACE VALUES OF THEIR LAND THROUGH APPLYING CONSERVATION EASEMENTS. DURING 2019, PPLT WORKED TO DEVELOP LAND PREVIOUSLY ACQUIRED THROUGH ITS PEAKS TO CREEKS INITIATIVE, INCLUDING PLANNING FOR RESTORATION AND DEVELOPMENT OF SEVEN MILE AND TEN MILE CREEK PARCELS. PPLT CONTINUED MONITORING ITS 20 EASEMENTS ENCOMPASSING 7,238 ACRES. 234710 0 MONTANA ASSOCIATION OF LAND TRUSTS IS A PROGRAM SPONSORED BY PPLT IN CONJUNCTION WITH OTHER MONTANA LAND TRUSTS TO SUPPORT LAND CONSERVATION ACTIVITY IN MONTANA AND EDUCATE THE PUBLIC IN THESE EFFORTS. MALT ACTIVITY INCLUDED ADVOCACY FOR MONTANA LAND TRUSTS AND EDUCATIONAL CONFERENCES. 113828 25605 TRAILS PROGRAM - PLAN DEVELOPMENT, CONSTRUCTION & MAINTENANCE, CONDUCTED WITH ASSISTANCE OF APPROXIMATELY 575 VOLUNTEERS DONATING 2,203 SERVICE HOURS. PROGRAM REVENUE IS DERIVED FROM A CONTRACT WITH THE CITY OF HELENA FOR TRAIL DEVELOPMENT & MAINTENANCE. 2418067 1 1 0 1 0 0 1 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 22 0 1 13 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 0 1 0 0 0 1 1 0 1 0 1 1 1 0 X MARY HOLLOW EXECUTIVE DIRECTOR 4064420490 PO BOX 892 HELENA MT 59624 DAWN NORTH DIRECTOR 1.00 X 0 0 0 DENNIS MILBURN DIRECTOR 1.00 X 0 0 0 ERIN WOODROW DIRECTOR 1.00 X 0 0 0 JIM UTTERBACK DIRECTOR 1.00 X 0 0 0 JOHN BEAVER PRESIDENT 8.00 X 0 0 0 LEROY SCHRAMM VICE PRESIDENT 2.00 X X 0 0 0 PAULA JACQUES TREASURER 4.00 X X 0 0 0 SARAH JAEGER DIRECTOR 1.00 X 0 0 0 TYRELL HIBBARD DIRECTOR 1.00 X 0 0 0 JANET HEDGES DIRECTOR 1.00 X 0 0 0 ED SANTOS DIRECTOR 1.00 X 0 0 0 ELIZA FRAZER SECRETARY 4.00 X X 0 0 0 JOHN DORAN DIRECTOR 1.00 X 0 0 0 BILL SHROPSHIRE DIRECTOR 1.00 X 0 0 0 MARY HOLLOW EXECUTIVE DIRECTOR 40.00 X 88440 0 5574 88440 0 5574 0 0 0 0 0 6472 211508 148593 17648 2665063 5785 3049284 TRAILS CONTRACT 811000 25605 25605 25605 14619 14619 155594 148593 75352 80242 80242 14166 0 14166 14166 MISCELLANEOUS 900099 2324 2324 2324 3186240 27929 0 109027 94014 65810 18803 9401 275792 245036 2903 27853 4952 4430 22 500 35713 30635 1477 3601 34925 29432 1974 3519 86417 64500 17034 4883 46087 6722 13086 26279 22726 20281 42 2403 3064 1064 1797 203 1511 1511 578 578 LAND/EASEMENT ACQ. 1653679 1653679 CONSERV. EASEMENT COSTS 263258 263258 MISCELLANEOUS 54942 13647 30766 10529 PROP TAXES/TITLE FEES 18062 18062 2595720 2418067 88482 89171 77108 815854 777735 376638 21000 36529 12955 32942 3200 4946 29310 27619 519 1691 479693 550017 2557752 2521752 3929962 4340369 64860 80237 92213 151090 327080 23752 0 507905 231327 X 3280389 3943365 141668 165677 3422057 4109042 3929962 4340369 590520 72456 14793 9216 0 X X 0 1 X 1 1 1 X 1178267 4753900 984286 1062734 3043499 11022686 1178267 4753900 984286 1062734 3043499 11022686 11022686 7151 3328 24405 12584 14619 62087 3467 2555 42340 2353 2324 53039 11137812 986535 0.98970 0.98930 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REIMBURSEMENTS/OTHER - 2015 AMOUNT: $ 3,467. 2016 AMOUNT: $ 2,555. 2017 AMOUNT: $ 13,340. 2018 AMOUNT: $ 2,353. 2019 AMOUNT: $ 2,324. INSURANCE PROCEEDS - 2017 AMOUNT: $ 29,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2684 7635 10319 2500764 2511083 275554 68889 0 0 285132 184990 150619 275554 896295 1344443 10319 10319 71283 46248 37655 68889 224075 336113 2684 2684 X X X 1 1 0 0 405126 75290 5573 4379 470464 127311 307836 -23379 5081 1561 405126 112754 11942 7592 3727 1250 127311 81940 34653 1002 3727 1114 112754 80219 1721 81940 0.73000 0.27000 1 0 17772 16081 1691 11538 11538 0 1691 CONSERVATION LAND 2521752 2521752 X 3106992 72456 9008 75352 156816 2950176 236064 236064 3186240 2443624 9008 75352 84360 2359264 236456 236456 2595720 PART II, LINE 5: EASEMENTS ARE MONITORED ANNUALLY. COSTS OF THIS EFFORT ARE FUNDED THROUGH PPLT'S STEWARDSHIP POLICY, REQUIRING CONSERVATION EASEMENT DONORS TO CONTRIBUTE TO PPLT'S STEWARDSHIP FUND TO SUPPORT FUTURE MONITORING AND ENFORCEMENT. PPLT ALSO PARTICATES IN AN INSURANCE PROGRAM SPONSORED BY THE LAND TRUST ALLIANCE TO ENABLE ITSELF TO RESPOND TO CHALLENGES BROUGHT AGAINST IT. PPLT MAINTAINS AN ADDITIONAL ACCOUNT WITH FUNDS RESERVED FOR THIS PURPOSE. THE 2019 BALANCE WAS $76,862. PART II, LINE 9: CONTRIBUTED EASEMENTS ARE REPORTED AT FAIR VALUE BASED ON A QUALIFIED APPRAISAL, LESS ANY CASH SETTLEMENT, WITH AN EQUIVALENT EXPENSE RECORDED. PURCHASED EASEMENTS ARE REPORTED AT FAIR VALUE INCLUDING ANY CONTRIBUTION ELEMENT, WITH AN EQUIVALENT EXPENSE RECORDED. PART V, LINE 4: ENDOWMENT FUNDS ARE COMPRISED OF THREE ACCOUNTS. ONE (NOT INCLUDED IN PPLT'S FINANCIAL STATEMENT IS REPORTED WITH A 2019 BALANCE OF $125,318) IS HELD AT THE MONTANA COMMUNITY FOUNDATION ON BEHALF OF PPLT AND IS NOT DIRECTED BY PPLT. PPLT REPORTS DISTRIBUTIONS RECEIVED FROM THIS FUND AS CONTRIBUTIONS. PPLT HAS ALSO ESTABLISHED A QUASI-ENDOWMENT ACCOUNT WITH A PORTION OF ITS UNRESTRICTED FUNDS. THE BALANCE WAS $345,146 AT DECEMBER 31, 2019. PART X, LINE 2: THE FINANCIAL STATEMENTS DO NOT CONTAIN A FOOTNOTE REGARDING A FIN 48 STATEMENT OF UNCERTAIN TAX POSITIONS. PPLT OPERATES UNDER THE INTERNAL REVENUE SECTION 501(C)(3) AS A NON-PROFIT ORGANIZATION AND. THEREFORE, IS EXEMPT FROM INCOME TAXES UNLESS TAXABLE INCOME WOULD RESULT FROM BUSINESS OPERATIONS NOT DIRECTLY RELATED TO THE ORGANIZATION'S EXEMPT PURPOSE. PPLT IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES NETTED FROM EVENT PROCEEDS 75,352. PART XI, LINE 4B - OTHER ADJUSTMENTS: MALT REVENUE NOT CONSOLIDATED FOR GAAP FINANCIAL STATEMENTS 234,318. COST OF GOODS SOLD 1,746. PART XII, LINE 2D - OTHER ADJUSTMENTS: EVENT EXPENSES NETTED WITH EVENT PROCEEDS 75,352. PART XII, LINE 4B - OTHER ADJUSTMENTS: MALT EXPENSES NOT CONSOLIDATED FOR GAAP FINANCIAL STATEMENTS 234,710. COST OF GOODS SOLD 1,746. DON'T FENCE ME IN TRAIL RUN 90026 43295 46731 532 181 21534 HARVEST MOON DINNER & AUCTION 214161 105298 108863 3524 26316 23265 304187 148593 155594 4056 26497 44799 75352 80242 FORM 990, PART VI, SECTION A, LINE 6 THE BYLAWS PROVIDE FOR MEMBERSHIP IN THE ORGANIZATION IN CLASSES OR OTHER ARRANGEMENT SPECIFIED BY THE GOVERNING BODY. THE BYLAWS PROVIDE FOR AN ANNUAL MEMBERSHIP MEETING. FORM 990, PART VI, SECTION A, LINE 7A OFFICERS ARE ELECTED ON A STAGGERED SCHEDULE BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B COMMITTEES PERFORM INITIAL REVIEW AND PROPOSE RECOMMENDATIONS TO THE BOARD OF DIRECTORS, WHICH HAS DECISION-MAKING AUTHORITY FOR THE ORGANIZATION. THIS PROCESS IS DOCUMENTED IN MINUTES OF THE ORGANIZATION ON AN ONGOING BASIS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE FINANCE COMMITTEE AND ALL BOARD MEMBERS ARE PROVIDED A COPY OF THE RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY. BOARD MEMBERS RECEIVE TRAINING IN THIS AND OTHER POLICIES AND CONFLICTS ARE DISCLOSED IF THEY ARISE. BOARD MEMBERS ARE REMINDED TO ABSTAIN FROM VOTING ON MATTERS IN WHICH A CONFLICT EXISTS. POTENTIAL CONFLICTS IDENTIFIED ARE EVALUATED TO DETERMINE WHETHER A CONFLICT EXISTS UNDER THE ADOPTED POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD PERIODICALLY REVIEWS SALARY SURVEY INFORMATION OBTAINED FROM SIMILAR SMALL LAND TRUSTS AS PART OF THE BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY & AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. PART XII FINANCIAL STATEMENTS AND REPORTING; LINE 2C; THERE HAVE BEEN NO CHANGES TO THE AUDIT COMMITTEE'S OVERSIGHT OR SELECTION PROCESS.