2025-10-29T16:08:47-07:00 2025-06-30 820467399 Rudd & Company PLLC 3805 Valley Commons Dr Ste 7 Bozeman MT 59718 990 2024-07-01 810464513 GALLATIN VALLEY LAND TRUST GALL 4065878404 212 S WALLACE STE 101 BOZEMAN MT 59715 BILL COCHRAN Treasurer 2025-10-29 true true DANE HANCOCK CPA P01821031 4065853393 2024 2025-03-06 01:10:19Z Charles Work 4908303 false X www.gvlt.org X 1990 MT GVLT 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. 18 18 17 640 0 4307156 3364713 163126 102153 426315 391163 -24237 -138780 4872360 3719249 0 0 1777425 1985954 0 516448 1345624 1720030 3123049 3705984 1749311 13265 15251444 15958168 1310393 1314402 13941051 14643766 GVLT 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 1967321 102153 Land Conservation GVLT furthered its mission to conserve working farms and ranches, wildlife habitat, and river corridors in Southwestern Montana. We identify strategic areas with high conservation values and conserve blocks of open land that protect special parts of our landscape. We hold 135 conservation easements covering 74,764 acres. Our staff 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 FY25, we conserved 5,938 acres of land in priority conservation focus areas, including Paradise Valley, East Gallatin, and Amsterdam/Churchill. We also launched Northern Yellowstone Open Lands, a regional initiative serving Park County, Montana landowners and communities who are committed to preserving the regions unparalleled landscapes and working lands. 747503 Community Trails GVLT connects people, communities, and the land through public trails and collaborative trail projects. We completed the Burke Park Traverse; trail enhancements to Triple Tree, Drinking Horse, and Painted Hills trails; and created all-abilities trails in Sunset Hills. Staff and 511 volunteers spent over 1300 hours maintaining trails at Burke Park, Drinking Horse, and Triple Tree . We also partnered with other local recreation groups on an Outside Kind campaign to share messages about considerate trail and outdoor etiquette. 150081 Education GVLT shares news with over 10,000 monthly e-newsletter subscribers and more than 16,000 social media followers on community trails, private land conservation, and related public events. GVLT publishes our audited financial statements, IRS Form 990s, and annual reports on our website. The 22 rising leaders on the NextGen Advisory Board educate and inspire their peers to volunteer and support GVLT. Our Trails team hosted 511 volunteers for over 1300 hours of service and educated them all on GVLTs mission and accomplishments. Through a partnership with Random Acts of Silliness, we brought the trails to life with the ever-enchanting Bumblewood Thicket Fairy Village, introducing many first-time users to the trail system. The Summer Trails Challenge engaged thousands of community members to explore the trails and log 114,095 miles of trail use in four weeks. 2864905 true true false true false false true false false true true false false false true false true false false false false false false false true false false false false true false false false false false false false false true false false false false false false false false true 34 0 true 17 true false false false false false false false 0 false false false false false false false X 18 18 false false false 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 CHARLES WORK Executive Dir. 40.00 0.00 X 187497 0 24351 EJ PORTH ASSOCIATE DIRECTOR 40.00 0.00 123277 0 17760 BRENDAN WEINER CONSERVATION DIR. 40.00 0.00 121108 0 13193 JUSTIN BARTH DEVELOPMENT DIR 40.00 0.00 107076 0 13100 MATTHEW PARSONS TRAILS DIRECTOR 40.00 0.00 104696 0 12632 JEFF OTT Chairman 2.00 0.00 X X 0 0 0 JECYN BREMER Director 1.00 0.00 X 0 0 0 TIM ANDERSON Director 1.00 0.00 X 0 0 0 ALLEN MAY Director 1.00 0.00 X 0 0 0 BILL COCHRAN Treasurer 2.00 0.00 X X 0 0 0 MARY STEIN Secretary 2.00 0.00 X X 0 0 0 LARA BIRKES Director 1.00 0.00 X 0 0 0 RICH HOHNE VICE CHAIR 2.00 0.00 X X 0 0 0 CARLYE COOK Director 1.00 0.00 X 0 0 0 PENELOPE PIERCE Director 1.00 0.00 X 0 0 0 MIMI HELVIE Director 1.00 0.00 X 0 0 0 MARK PAYNE Director 1.00 0.00 X 0 0 0 SARAH SKOGLUND Director 1.00 0.00 X 0 0 0 JAKE ABEL Director 1.00 0.00 X 0 0 0 PAGE ARMSTRONG Director 1.00 0.00 X 0 0 0 HEATHER HART Director 1.00 0.00 X 0 0 0 LOY MAIERHAUSER Director 1.00 0.00 X 0 0 0 ALI CHIPOURAS Director 1.00 0.00 X 0 0 0 643654 81036 5 false true false 0 578997 226005 2559711 77611 3364713 PROGRAM FEES 102153 102153 102153 391163 391163 0 0 0 975000 975000 0 70470 578997 214054 -143584 -143584 0 0 misc income 900099 4804 4804 4804 3719249 498120 -143584 0 0 0 0 218332 133052 38645 46635 0 1442409 933123 191919 317367 0 189588 122552 25338 41698 135625 87131 18757 29737 0 21678 21678 29482 1942 18157 9383 0 0 0 312616 307470 777 4369 48043 45944 823 1276 5527 4643 398 486 79397 60690 7350 11357 0 166076 129268 15058 21750 24532 21136 1066 2330 0 0 0 0 18913 14344 1869 2700 27993 23290 1924 2779 EASEMENT EXPENSE 935333 935333 CONSTITUENT SUPPORT 31727 20695 2161 8871 Postage and Shipping 18513 2614 189 15710 BAD DEBT 200 200 0 3705984 2864905 324631 516448 5131943 3532636 467835 385164 126543 99925 200 835 0 0 0 20143 12256 9536 16917 1479425 113329 1328822 1366096 7720651 10186402 0 0 0 445771 357937 15251444 15958168 53578 154018 1256815 1160384 1310393 1314402 X 6232951 6852517 7708100 7791249 13941051 14643766 15251444 15958168 13265 689450 X false true X true false X 1896817 4074443 3760234 4307156 3364713 17403363 0 0 1896817 4074443 3760234 4307156 3364713 17403363 3054519 14348844 96620 93762 181791 321630 391163 1084966 0 4804 4804 18493133 645288 0.77590 0.75260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false X X X X 135 74 1 true 12 175855 false 3232144 346183 3578327 2343033 583427 305684 3232144 2023071 100000 219962 2343033 2235190 100000 -312119 2023071 1742316 541374 48500 2235190 0.59640 0.40360 true false false 1260000 1260000 157576 75006 82570 61849 38323 23526 1366096 OPERATING LEASE LIABILITY 395384 REFUNDABLE ADVANCE 765000 1160384 4625828 689450 3075 214054 906579 3719249 3719249 3923113 3075 214054 217129 3705984 3705984 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 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 General Endowment Fund is a depository for special gifts to GVLT from donors who instruct their gifts are for charitable endowment purposes within GVLTs mission and are not wholly expendable by the institution on a current basis. The purpose of the General Endowment Fund is to generate income for the organizations charitable purposes, as determined by the Board of Directors, and summarized in the mission to connect people, communities, and open lands through conservation of working farms and ranches, healthy rivers, and wildlife habitat, and the creation of trails in the Montana headwaters of the Missouri and Upper Yellowstone Rivers. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 FUNDRAISING EVENT EXPENSES $214054 Part XII, Line 2d: Other expenses and losses per audited F/S FUNDRAISING EVENT EXPENSES $214054 false EOTL 582550 512080 70470 203328 TRAILS CHALLENGE 64650 64650 6723 647200 576730 70470 210051 210051 -139581 X X X X false false false false false false false false false CHARLES WORK Executive Dir. 187497 5641 18710 211848 outreach 3 2920 FMV events 29 74258 FMV CONSTITUENT sup 1 433 FMV 2 false false false Form 990, Part VI, Section B, Line 11b 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, Section B, Line 12c 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) MAKE 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 ENSURE 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, Section B, Line 15b The Board Executive Committee performs 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); the full board votes on compensation and performance standards; and terms are documented in employment contracts. Officers are not compensated, and at this time, there are no other key employees besides the Executive Director. Form 990, Part VI, Section C, Line 19 ALL GOVERNING DOCUMENTS, POLICIES, FORM 990S AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND/OR ON THE ORGANIZATION'S WEBSITE: WWW.GVLT.ORG.