2019-11-04T11:20:05-08:00 2019-06-30 820467399 Rudd & Company PLLC 3805 Valley Commons Drive Suite 7 Bozeman MT 59718 990 2018-07-01 810464513 GALLATIN VALLEY LAND TRUST GALL 4065878404 212 S WALLACE STE 102 BOZEMAN MT 59715 BILL COCHRAN Treasurer 2019-11-04 true SCOTT HOLTON CPA P00432520 4065853393 2018 2020-03-31 21:24:44Z 212 S WALLACE STE 102 BOZEMAN MT 59715 1397505 false 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. 20 20 10 1293 0 3437560 1242226 84184 29805 71137 96037 -35430 -15846 3557451 1352222 0 0 685887 807170 0 150718 535339 439099 1221226 1246269 2336225 105953 6404221 6567074 104284 48263 6299937 6518811 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 540699 Land 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. 231991 Community 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. 171865 Education 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. 944555 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 false false false false true false false false false false false false true 15 0 true 10 true false false false false false false true true false 0 false false false false false false false false false false false false X 20 20 false false false false false false false true true false false true true true true true true true true false X X PENELOPE PIERCE 4065878404 212 S WALLACE STE 102 BOZEMAN MT 59715 X DOTTY BALLANTYNE Director 1.00 0.00 X 0 0 0 SUSAN DANA Director 1.00 0.00 X 0 0 0 LAUREN CASELLI Director 1.00 0.00 X 0 0 0 MARK KEHKE Chairman 2.00 0.00 X X 0 0 0 BILL COCHRAN Treasurer 2.00 0.00 X X 0 0 0 MEGHANN MCKENNA Secretary 2.00 0.00 X X 0 0 0 MIKE ELLIG Director 1.00 0.00 X 0 0 0 WHITNEY TILT Director 1.00 0.00 X 0 0 0 KEITH REED Director 1.00 0.00 X 0 0 0 WILL PRICE Director 1.00 0.00 X 0 0 0 LAWRIE LIEBERMAN Director 1.00 0.00 X 0 0 0 SAM JAMES 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 VICE CHAIR 2.00 0.00 X 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 TODD GRAHAM Director 1.00 0.00 X 0 0 0 TRACY FAIRBANKS Director 1.00 0.00 X 0 0 0 BOB SANDS Director 1.00 0.00 X 0 0 0 PENELOPE PIERCE EXECUTIVE DIRECTOR 40.00 0.00 X 97001 0 21308 97001 21308 0 false false false 0 166052 69986 1006188 6235 1242226 CONSERVATION EASEMENT FEE OTHER INCOME 3960 3960 PROGRAM FEES 25845 25845 29805 116586 116586 0 0 0 3200 23749 -20549 -20549 -20549 5688 166052 21534 -15846 -15846 0 0 0 1352222 9256 100740 X 0 0 0 0 118309 60338 20112 37859 0 574803 429319 79073 66411 0 50953 42971 6819 1163 63105 44455 9958 8692 0 7779 2758 4432 589 7720 7720 0 0 0 150222 140026 5413 4783 18918 17528 477 913 0 30138 22563 2857 4718 0 74490 55697 7091 11702 18505 14948 2027 1530 0 0 0 0 17387 13958 1294 2135 20804 17143 1381 2280 EASEMENT EXPENSE 39990 39990 DUES & LICENSES 22239 21514 550 175 Postage and Shipping 19945 14031 811 5103 CONSTITUENT SUPPORT 8193 5243 714 2236 2769 2073 267 429 1246269 944555 150996 150718 796290 394981 604498 632433 394869 248274 34290 1390 0 0 0 4185 10381 0 69233 43464 40317 25769 4526700 5235861 0 0 0 3072 17985 6404221 6567074 104284 48263 104284 48263 X 3179689 3029470 1769695 2138808 1350553 1350533 6299937 6518811 6404221 6567074 105953 135556 -22635 X false true X true false X 959089 1883385 788347 1314109 1227973 6172903 0 0 959089 1883385 788347 1314109 1227973 6172903 1661758 4511145 335073 37543 62819 65641 116586 617662 0 0 6790565 347175 0.66430 0.65880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false 174245 197123 371368 557052 1560 72223 73783 43561 49281 92842 139263 1097 1097 X X 105 46 1 true 19 151471 false 1630446 77029 1707475 1551241 125205 46000 1630446 1404483 176758 30000 1551241 335558 1060313 10453 1841 1404483 307121 35000 -707 5856 335558 0.79000 0.21000 true false false 41900 26036 15864 27333 17428 9905 25769 1493418 135556 6741 21534 163831 1329587 22635 22635 1352222 1274544 6741 21534 28275 1246269 1246269 Part II, Line 5: Summarized Policy The 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 990 FUNDRAISING EVENT EXPENSES $21534 Part XII, Line 2d: Other expenses and losses per audited F/S FUNDRAISING EVENT EXPENSES $21534 false EOTL 116325 110637 5688 3656 4275 TRAILS CHALLENGE 39150 39150 13 504 1 14799 14799 265 1589 849 170274 164586 5688 3921 1602 5628 11151 -5463 X 2 7 6235 1 false true false Part I, Line 33, Revenues Not Reported 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. 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.