GALLATIN VALLEY LAND TRUST: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
GALLATIN VALLEY LAND TRUST (EIN 81-0464513)
Tax period
2018-07-01 to 2019-06-30
Filed
2019-11-04
IRS object ID
201933089349300893
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-04T11:20:05-08:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN820467399PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Rudd & Company PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13805 Valley Commons Drive Suite 7AddressLine1Txt
CityBozemanCityNm
State AbbreviationMTStateAbbreviationCd
ZIP59718ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN810464513EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GALLATIN VALLEY LAND TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGALLBusinessNameControlTxt
Phone4065878404PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1212 S WALLACE STE 102AddressLine1Txt
CityBOZEMANCityNm
State AbbreviationMTStateAbbreviationCd
ZIP59715ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBILL COCHRANPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2019-11-04SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSCOTT HOLTON CPAPreparerPersonNm
PTINP00432520PTIN
Phone4065853393PhoneNum
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990 IRS990

US Address USAddress

FieldValueIRS element (for citing)
Address Line1212 S WALLACE STE 102AddressLine1Txt
CityBOZEMANCityNm
State AbbreviationMTStateAbbreviationCd
ZIP59715ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,397,505GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
All Affiliates IncludedfalseAllAffiliatesIncludedInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.gvlt.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1990FormationYr
Legal Domicile StateMTLegalDomicileStateCd
Activity Or MissionGALLATIN 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.ActivityOrMissionDesc
Voting Members Governing Body20VotingMembersGoverningBodyCnt
Voting Members Independent20VotingMembersIndependentCnt
Total Employee10TotalEmployeeCnt
Total Volunteers1293TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$3,437,560PYContributionsGrantsAmt
CY Contributions Grants$1,242,226CYContributionsGrantsAmt
PY Program Service Revenue$84,184PYProgramServiceRevenueAmt
CY Program Service Revenue$29,805CYProgramServiceRevenueAmt
PY Investment Income$71,137PYInvestmentIncomeAmt
CY Investment Income$96,037CYInvestmentIncomeAmt
PY Other Revenue-$35,430PYOtherRevenueAmt
CY Other Revenue-$15,846CYOtherRevenueAmt
PY Total Revenue$3,557,451PYTotalRevenueAmt
CY Total Revenue$1,352,222CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$685,887PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$807,170CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$150,718CYTotalFundraisingExpenseAmt
PY Other Expenses$535,339PYOtherExpensesAmt
CY Other Expenses$439,099CYOtherExpensesAmt
PY Total Expenses$1,221,226PYTotalExpensesAmt
CY Total Expenses$1,246,269CYTotalExpensesAmt
PY Revenues Less Expenses$2,336,225PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$105,953CYRevenuesLessExpensesAmt
Total Assets BOY$6,404,221TotalAssetsBOYAmt
Total Assets EOY$6,567,074TotalAssetsEOYAmt
Total Liabilities BOY$104,284TotalLiabilitiesBOYAmt
Total Liabilities EOY$48,263TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,299,937NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,518,811NetAssetsOrFundBalancesEOYAmt
MissionGALLATIN 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.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$540,699ExpenseAmt
DescLand Conservation GVLT furthered its mission to conserve working farms and ranches, 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 106 conservation easements covering 47,592 acres. Our staff develop long-term relationships with landowners and visit each conservation easement annually to monitor their condition and provide stewardship resources such as to improve eroding streambanks, plant vegetation, and enhance floodplains. In FY19 we conserved 1,147 acres of land in the Gooch Hill and Churchill areas. We added a Project Manager to increase our land conservation capacity. GVLT received reaccreditation from the Land Trust Alliance, a mark of distinction and professionalism within the land trust community.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$231,991ExpenseAmt
DescCommunity Trails - GVLTs Community Trails Program continued to connect people, communities, and the land through collaborative trail projects. In 29 years GVLT has helped create over 80 miles of trail. This year we built a connector trail from Painted Hills Trail to the Triple Tree Trail. This completes the vision of GVLTs founder, a trail connecting Bozemans Main Street to public land in the Gallatin Mountains. We also built a trail connecting the new Story Mill Community Park to Bond Street which allows for access from nearby businesses and the Gallatin Valley Food Bank. Our Trails staff worked on trail improvements and enhancements at Drinking Horse Trail, Triple Tree Trail, and the Highland Glen Trail. They worked with 39 volunteer groups to maintain community trails, updated 11 kiosk trail maps, installed a bike rack, and trained community members on trail etiquette.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$171,865ExpenseAmt
DescEducation GVLT shares monthly news with 15,000 supporters on community trails, 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 printed Spanish trail maps to make trail information accessible to the Hispanic community. GVLT hosted 1,293 volunteers for 2,767 hours of service and educated them all on GVLTs mission and accomplishments. Free Discovery Walks hosted 400 people on 45 walks to learn about trails and local community themes. The Summer Trails Challenge engaged 2,000 community members to log 65,000 miles of trail use in three weeks.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$944,555TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsYes (true)ConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document15IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee10EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Form8282 Filed0Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Org Filed In Lieu Of Form1041falseOrgFiledInLieuOfForm1041Ind
Licensed More Than One StatefalseLicensedMoreThanOneStateInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members20GoverningBodyVotingMembersCnt
Independent Voting Member20IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonPENELOPE PIERCEPersonNm
Phone4065878404PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1212 S WALLACE STE 102AddressLine1Txt
CityBOZEMANCityNm
State AbbreviationMTStateAbbreviationCd
ZIP59715ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeInd
DOTTY BALLANTYNE
Director1.000.00Yes (X)$0$0$0
SUSAN DANA
Director1.000.00Yes (X)$0$0$0
LAUREN CASELLI
Director1.000.00Yes (X)$0$0$0
MARK KEHKE
Chairman2.000.00Yes (X)$0$0$0Yes (X)
BILL COCHRAN
Treasurer2.000.00Yes (X)$0$0$0Yes (X)
MEGHANN MCKENNA
Secretary2.000.00Yes (X)$0$0$0Yes (X)
MIKE ELLIG
Director1.000.00Yes (X)$0$0$0
WHITNEY TILT
Director1.000.00Yes (X)$0$0$0
KEITH REED
Director1.000.00Yes (X)$0$0$0
WILL PRICE
Director1.000.00Yes (X)$0$0$0
LAWRIE LIEBERMAN
Director1.000.00Yes (X)$0$0$0
SAM JAMES
Director1.000.00Yes (X)$0$0$0
KATY HOOD
Director1.000.00Yes (X)$0$0$0
DEB STEPHENSON
Director1.000.00Yes (X)$0$0$0
JON CATTON
VICE CHAIR2.000.00Yes (X)$0$0$0Yes (X)
KARIN BOYD
Director1.000.00Yes (X)$0$0$0
CATHY COSTAKIS
Director1.000.00Yes (X)$0$0$0
TODD GRAHAM
Director1.000.00Yes (X)$0$0$0
TRACY FAIRBANKS
Director1.000.00Yes (X)$0$0$0
BOB SANDS
Director1.000.00Yes (X)$0$0$0
PENELOPE PIERCE
EXECUTIVE DIRECTOR40.000.00$97,001$0$21,308Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$97,001TotalReportableCompFromOrgAmt
Total Other Compensation$21,308TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$166,052FundraisingAmt
Government Grants$69,986GovernmentGrantsAmt
All Other Contributions$1,006,188AllOtherContributionsAmt
Noncash Contributions$6,235NoncashContributionsAmt
Total Contributions$1,242,226TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CONSERVATION EASEMENT FEE
OTHER INCOME$3,960$3,960
PROGRAM FEES$25,845$25,845
FieldValueIRS element (for citing)
Total Program Service Revenue$29,805TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$116,586TotalRevenueColumnAmt
Exclusion$116,586ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$3,200OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$23,749OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$20,549OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$20,549TotalRevenueColumnAmt
Related Or Exempt Func Income-$20,549RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$5,688FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$166,052ContriRptFundraisingEventAmt
Fundraising Direct Expenses$21,534FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$15,846TotalRevenueColumnAmt
Exclusion-$15,846ExclusionAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,352,222TotalRevenueColumnAmt
Related Or Exempt Func Income$9,256RelatedOrExemptFuncIncomeAmt
Exclusion$100,740ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$118,309TotalAmt
Program Services$60,338ProgramServicesAmt
Management And General$20,112ManagementAndGeneralAmt
Fundraising$37,859FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$574,803TotalAmt
Program Services$429,319ProgramServicesAmt
Management And General$79,073ManagementAndGeneralAmt
Fundraising$66,411FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$50,953TotalAmt
Program Services$42,971ProgramServicesAmt
Management And General$6,819ManagementAndGeneralAmt
Fundraising$1,163FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$63,105TotalAmt
Program Services$44,455ProgramServicesAmt
Management And General$9,958ManagementAndGeneralAmt
Fundraising$8,692FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$7,779TotalAmt
Program Services$2,758ProgramServicesAmt
Management And General$4,432ManagementAndGeneralAmt
Fundraising$589FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,720TotalAmt
Management And General$7,720ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$150,222TotalAmt
Program Services$140,026ProgramServicesAmt
Management And General$5,413ManagementAndGeneralAmt
Fundraising$4,783FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$18,918TotalAmt
Program Services$17,528ProgramServicesAmt
Management And General$477ManagementAndGeneralAmt
Fundraising$913FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$30,138TotalAmt
Program Services$22,563ProgramServicesAmt
Management And General$2,857ManagementAndGeneralAmt
Fundraising$4,718FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$74,490TotalAmt
Program Services$55,697ProgramServicesAmt
Management And General$7,091ManagementAndGeneralAmt
Fundraising$11,702FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$18,505TotalAmt
Program Services$14,948ProgramServicesAmt
Management And General$2,027ManagementAndGeneralAmt
Fundraising$1,530FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$17,387TotalAmt
Program Services$13,958ProgramServicesAmt
Management And General$1,294ManagementAndGeneralAmt
Fundraising$2,135FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$20,804TotalAmt
Program Services$17,143ProgramServicesAmt
Management And General$1,381ManagementAndGeneralAmt
Fundraising$2,280FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
EASEMENT EXPENSE$39,990$39,990
DUES & LICENSES$22,239$21,514$550$175
Postage and Shipping$19,945$14,031$811$5,103
CONSTITUENT SUPPORT$8,193$5,243$714$2,236

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,769TotalAmt
Program Services$2,073ProgramServicesAmt
Management And General$267ManagementAndGeneralAmt
Fundraising$429FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,246,269TotalAmt
Program Services$944,555ProgramServicesAmt
Management And General$150,996ManagementAndGeneralAmt
Fundraising$150,718FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$796,290BOYAmt
EOY$394,981EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$604,498BOYAmt
EOY$632,433EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$394,869BOYAmt
EOY$248,274EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$34,290BOYAmt
EOY$1,390EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$4,185BOYAmt
EOY$10,381EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$69,233LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$43,464LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$40,317BOYAmt
EOY$25,769EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,526,700BOYAmt
EOY$5,235,861EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,072BOYAmt
EOY$17,985EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,404,221BOYAmt
EOY$6,567,074EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$104,284BOYAmt
EOY$48,263EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$104,284BOYAmt
EOY$48,263EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,179,689BOYAmt
EOY$3,029,470EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,769,695BOYAmt
EOY$2,138,808EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,350,553BOYAmt
EOY$1,350,533EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,299,937BOYAmt
EOY$6,518,811EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,404,221BOYAmt
EOY$6,567,074EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$105,953ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$135,556NetUnrlzdGainsLossesInvstAmt
Investment Expense-$22,635InvestmentExpenseAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$959,089CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,883,385CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$788,347CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,314,109CurrentTaxYearMinus1YearAmt
Current Tax Year$1,227,973CurrentTaxYearAmt
Total$6,172,903TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$959,089CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,883,385CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$788,347CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,314,109CurrentTaxYearMinus1YearAmt
Current Tax Year$1,227,973CurrentTaxYearAmt
Total$6,172,903TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,661,758SubstantialContributorsTotAmt
Public Support Total170$4,511,145PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$335,073CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$37,543CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$62,819CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$65,641CurrentTaxYearMinus1YearAmt
Current Tax Year$116,586CurrentTaxYearAmt
Total$617,662TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$6,790,565TotalSupportAmt
Gross Receipts Rltd Activities$347,175GrossReceiptsRltdActivitiesAmt
Public Support CY1700.66430PublicSupportCY170Pct
Public Support PY1700.65880PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Form4720 Filed Section4955 TaxfalseForm4720FiledSection4955TaxInd
Correction MadefalseCorrectionMadeInd
Form4720 FiledfalseForm4720FiledInd

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus2$174,245CurrentYearMinus2Amt
Current Year Minus1$197,123CurrentYearMinus1Amt
Total$371,368TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$557,052LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus2$1,560CurrentYearMinus2Amt
Current Year Minus1$72,223CurrentYearMinus1Amt
Total$73,783TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus2$43,561CurrentYearMinus2Amt
Current Year Minus1$49,281CurrentYearMinus1Amt
Total$92,842TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$139,263GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus2$1,097CurrentYearMinus2Amt
Total$1,097TotalAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Protection Natural HabitatYes (X)ProtectionNaturalHabitatInd
Preservation Open SpaceYes (X)PreservationOpenSpaceInd
Total Easements105TotalEasementsCnt
Total Acreage46TotalAcreageCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy MonitoringYes (true)WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement19StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement$151,471ExpensesIncurredEnforcementAmt
Section170h Rqr StsfdfalseSection170hRqrStsfdInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,630,446BeginningYearBalanceAmt
Investment Earnings Or Losses$77,029InvestmentEarningsOrLossesAmt
End Year Balance$1,707,475EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,551,241BeginningYearBalanceAmt
Investment Earnings Or Losses$125,205InvestmentEarningsOrLossesAmt
Other Expenditures$46,000OtherExpendituresAmt
End Year Balance$1,630,446EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,404,483BeginningYearBalanceAmt
Investment Earnings Or Losses$176,758InvestmentEarningsOrLossesAmt
Other Expenditures$30,000OtherExpendituresAmt
End Year Balance$1,551,241EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$335,558BeginningYearBalanceAmt
Contributions$1,060,313ContributionsAmt
Investment Earnings Or Losses$10,453InvestmentEarningsOrLossesAmt
Other Expenditures$1,841OtherExpendituresAmt
End Year Balance$1,404,483EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$307,121BeginningYearBalanceAmt
Contributions$35,000ContributionsAmt
Investment Earnings Or Losses-$707InvestmentEarningsOrLossesAmt
Other Expenditures$5,856OtherExpendituresAmt
End Year Balance$335,558EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.79000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.21000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd
Related Org List Sch RfalseRelatedOrgListSchRInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$41,900OtherCostOrOtherBasisAmt
Depreciation$26,036DepreciationAmt
Book Value$15,864BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$27,333OtherCostOrOtherBasisAmt
Depreciation$17,428DepreciationAmt
Book Value$9,905BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$25,769TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$1,493,418TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$135,556NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$6,741DonatedServicesAndUseFcltsAmt
Other Revenue$21,534OtherRevenueAmt
Revenue Not Reported$163,831RevenueNotReportedAmt
Revenue Subtotal$1,329,587RevenueSubtotalAmt
Investment Expenses Not Incld$22,635InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$22,635RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,352,222TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,274,544TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$6,741DonatedServicesUseFcltsAmt
Other Expenses Included$21,534OtherExpensesIncludedAmt
Expenses Not Reported$28,275ExpensesNotReportedAmt
Expenses Subtotal$1,246,269ExpensesSubtotalAmt
Total Expenses Per Form990$1,246,269TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part II, Line 5: Summarized PolicyThe Gallatin Valley Land Trust 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. It 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 990FUNDRAISING EVENT EXPENSES $21534
Part XII, Line 2d: Other expenses and losses per audited F/SFUNDRAISING EVENT EXPENSES $21534

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Agrmt Prof Fundraising ActyfalseAgrmtProfFundraisingActyInd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1EOTLEvent1Nm
Gross Receipts Event1$116,325GrossReceiptsEvent1Amt
Charitable Contri Event1$110,637CharitableContriEvent1Amt
Gross Revenue Event1$5,688GrossRevenueEvent1Amt
Rent Facility Costs Event1$3,656RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$4,275OtherDirectExpensesEvent1Amt
Event2TRAILS CHALLENGEEvent2Nm
Gross Receipts Event2$39,150GrossReceiptsEvent2Amt
Charitable Contri Event2$39,150CharitableContriEvent2Amt
Food And Beverage Event2$13FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$504OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$14,799GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$14,799CharitableContriOtherEventsAmt
Rent Fclty Costs Other Events$265RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$1,589FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$849OthDirectExpnssOtherEventsAmt
Gross Receipts Total$170,274GrossReceiptsTotalAmt
Charitable Contributions Tot$164,586CharitableContributionsTotAmt
Gross Revenue Total Events$5,688GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$3,921RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$1,602FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$5,628OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$11,151DirectExpenseSummaryEventsAmt
Net Income Summary-$5,463NetIncomeSummaryAmt

Schedule M IRS990ScheduleM

Qualified Contrib Other QualifiedContribOtherGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt

Food Inventory FoodInventoryGrp

FieldValueIRS element (for citing)
Contribution7ContributionCnt
Noncash Contributions Rpt F990$6,235NoncashContributionsRptF990Amt
FieldValueIRS element (for citing)
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 33, Revenues Not ReportedFormAndLineReferenceDesc
ExplanationConservation 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.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 11b: Form 990 Review ProcessRUDD & 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 ConflictsANNUAL 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 EmployeesThe 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 AvailableALL GOVERNING DOCUMENTS, POLICIES, FORM 990S AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ON THE ORGANIZATION'S WEBSITE: WWW.GVLT.ORG.

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