GALLATIN VALLEY LAND TRUST: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
GALLATIN VALLEY LAND TRUST (EIN 81-0464513)
Tax period
2015-07-01 to 2016-06-30
Filed
2016-11-23
IRS object ID
201633289349300008
Schema version
2015v2.0
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)
Return2016-11-23T07:49:34-08:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

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 Begin2015-07-01TaxPeriodBeginDt

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
Signature2016-11-23SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSCOTT HOLTON CPAPreparerPersonNm
PTINP00432520PTIN
Phone4065853393PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$2,280,055GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
All Affiliates IncludedfalseAllAffiliatesIncludedInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.glvt.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 Body18VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee10TotalEmployeeCnt
Total Volunteers908TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$1,021,233PYContributionsGrantsAmt
CY Contributions Grants$1,946,914CYContributionsGrantsAmt
PY Program Service Revenue$88,045PYProgramServiceRevenueAmt
CY Program Service Revenue$63,290CYProgramServiceRevenueAmt
PY Investment Income$335,073PYInvestmentIncomeAmt
CY Investment Income$37,140CYInvestmentIncomeAmt
PY Other Revenue$121,530PYOtherRevenueAmt
CY Other Revenue$159,960CYOtherRevenueAmt
PY Total Revenue$1,565,881PYTotalRevenueAmt
CY Total Revenue$2,207,304CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$544,665PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$534,547CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$118,726CYTotalFundraisingExpenseAmt
PY Other Expenses$408,772PYOtherExpensesAmt
CY Other Expenses$554,073CYOtherExpensesAmt
PY Total Expenses$953,437PYTotalExpensesAmt
CY Total Expenses$1,088,620CYTotalExpensesAmt
PY Revenues Less Expenses$612,444PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,118,684CYRevenuesLessExpensesAmt
Total Assets BOY$2,345,098TotalAssetsBOYAmt
Total Assets EOY$3,468,175TotalAssetsEOYAmt
Total Liabilities BOY$44,365TotalLiabilitiesBOYAmt
Total Liabilities EOY$65,962TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,300,733NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,402,213NetAssetsOrFundBalancesEOYAmt
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$364,352ExpenseAmt
Revenue$22,959RevenueAmt
DescCommunity Trails - In FY16, GVLTs Community Trails Program continued with itsmission to connect people, communities, and the land through collaborative trail projects. In our 26-year history, GVLT has helped create over 80 miles of trail. This year we upgraded Snowfill Recreation Area with 10 new parking spots, a second entry gate, bike racks, and a vault toilet; installed a new custom-designed bridge at the entrance to Peets Hill, Bozemans flagship park; built a mile of new trail, including an off-leash dog area in the newly expanded Bozeman Pond Park and also funded, designed, and constructed a natural playground; installed creative dog waste signage at 26 locations; and coordinated the Trail Ambassador program with 10 partner organizations to use volunteer trail ambassadors foreducation and outreach with over 2,000 trail users.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$354,820ExpenseAmt
Revenue$30,900RevenueAmt
DescLand Conservation GVLT furthered its mission to conserve working farms andranches, wildlife habitat, and river corridors in the Gallatin Valley in FY16. We collaborated with three families to conserve 1,939 acres of land in Gallatin County. These projects included critical wildlife habitat, 5th generation farmland, and highly visible scenic open space just north of Bozeman. This brings our total conserved land to over 45,000 acres in 100 conservation easements. We visit each of these conservation easements and landowners annually to provide stewardship support and monitoring to those properties. In FY16, we assisted 19 stewardship enhancement projects on the ground, worth a total of $6,800 to enhance forest health, control noxious weeds, and plant streamside and wetland vegetation.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$132,450ExpenseAmt
DescEducation The GVLT website is updated monthly with current news relating tocommunity trails, private land conservation and events open to the public. Our website also hosts a transparency section with our Audit, annual report, and Form 990. We communicate with over 10,000 community members through a monthly electronic newsletter and social media channels such as Facebook, Twitter, and Instagram. In FY16 we had 908 volunteers give over 2,900 hours for the organization, and all volunteers are educated about the mission and accomplishments of GVLT during their service. The free Discovery Walks program guided 345 people to learn about GVLT, the trails, and interesting topics like wildflowers, birds, yoga and more. The new TrailsRX program collaborated with local physicians to write over 60 trail walk prescriptions for patients.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$851,622TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
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
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document27IRPDocumentCnt
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members18GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
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 (19 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeInd
BOB SANDS
Director1.000.00Yes (X)$0$0$0
VAL DRAKE
Director1.000.00Yes (X)$0$0$0
TODD GRAHAM
Secretary2.000.00Yes (X)$0$0$0Yes (X)
MARK KEHKE
VICE CHAIR1.000.00Yes (X)$0$0$0Yes (X)
BILL COCHRAN
Treasurer2.000.00Yes (X)$0$0$0Yes (X)
MEGHANN MCKENNA
Director1.000.00Yes (X)$0$0$0
MIKE RILEY
Director1.000.00Yes (X)$0$0$0
SUE PEDERSON
Director1.000.00Yes (X)$0$0$0
DOTTY BALLANTYNE
Director1.000.00Yes (X)$0$0$0
WILL PRICE
Director1.000.00Yes (X)$0$0$0
SAM JAMES
Director1.000.00Yes (X)$0$0$0
STEVE SCHNEE
Director1.000.00Yes (X)$0$0$0
KATY HARJES
Director1.000.00Yes (X)$0$0$0
WHITNEY TILT
Chairman2.000.00Yes (X)$0$0$0Yes (X)
JON CATTON
Director1.000.00Yes (X)$0$0$0
SIGNE FARRIS
Director1.000.00Yes (X)$0$0$0
HAL STANLEY
Director1.000.00Yes (X)$0$0$0
DENNY RAFFENSPERGER
Director1.000.00Yes (X)$0$0$0
PENELOPE PIERCE
EXECUTIVE DIRECTOR40.000.00$92,987$0$18,446Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$92,987TotalReportableCompFromOrgAmt
Total Other Compensation$18,446TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$41,871GovernmentGrantsAmt
All Other Contributions$1,905,043AllOtherContributionsAmt
Noncash Contributions$21,658NoncashContributionsAmt
Total Contributions$1,946,914TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CONSERVATION EASEMENT FEE$30,900$30,900
OTHER INCOME$9,431$9,431
PROGRAM FEES$22,959$22,959
STEWARDSHIP/DEFENSE FEES
FieldValueIRS element (for citing)
Total Program Service Revenue$63,290TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$38,460TotalRevenueColumnAmt
Exclusion$38,460ExclusionAmt

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)
Securities$14,790SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$15,707SecuritiesAmt
Other$403OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$917SecuritiesAmt
Other-$403OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,320TotalRevenueColumnAmt
Related Or Exempt Func Income-$403RelatedOrExemptFuncIncomeAmt
Exclusion-$917ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$216,601FundraisingGrossIncomeAmt
Fundraising Direct Expenses$56,641FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$159,960TotalRevenueColumnAmt
Exclusion$159,960ExclusionAmt

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$2,207,304TotalRevenueColumnAmt
Related Or Exempt Func Income$62,887RelatedOrExemptFuncIncomeAmt
Exclusion$197,503ExclusionAmt
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$84,034TotalAmt
Program Services$38,962ProgramServicesAmt
Management And General$19,370ManagementAndGeneralAmt
Fundraising$25,702FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$366,776TotalAmt
Program Services$271,509ProgramServicesAmt
Management And General$52,026ManagementAndGeneralAmt
Fundraising$43,241FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$38,844TotalAmt
Program Services$26,008ProgramServicesAmt
Management And General$8,043ManagementAndGeneralAmt
Fundraising$4,793FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$44,893TotalAmt
Program Services$32,017ProgramServicesAmt
Management And General$6,434ManagementAndGeneralAmt
Fundraising$6,442FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$4,077TotalAmt
Program Services$3,372ProgramServicesAmt
Management And General$599ManagementAndGeneralAmt
Fundraising$106FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,078TotalAmt
Program Services$58ProgramServicesAmt
Management And General$7,008ManagementAndGeneralAmt
Fundraising$12FundraisingAmt

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$10,359TotalAmt
Program Services$8,776ProgramServicesAmt
Management And General$1,583ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$248,558TotalAmt
Program Services$235,119ProgramServicesAmt
Management And General$7,282ManagementAndGeneralAmt
Fundraising$6,157FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$24,631TotalAmt
Program Services$21,137ProgramServicesAmt
Management And General$1,430ManagementAndGeneralAmt
Fundraising$2,064FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$46,636TotalAmt
Program Services$33,639ProgramServicesAmt
Management And General$4,692ManagementAndGeneralAmt
Fundraising$8,305FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$42,419TotalAmt
Program Services$31,437ProgramServicesAmt
Management And General$4,492ManagementAndGeneralAmt
Fundraising$6,490FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$11,074TotalAmt
Program Services$10,874ProgramServicesAmt
Management And General$10ManagementAndGeneralAmt
Fundraising$190FundraisingAmt

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$25,716TotalAmt
Program Services$20,294ProgramServicesAmt
Management And General$2,218ManagementAndGeneralAmt
Fundraising$3,204FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$16,748TotalAmt
Program Services$14,425ProgramServicesAmt
Management And General$950ManagementAndGeneralAmt
Fundraising$1,373FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
EASEMENT EXPENSE$59,051$59,051
Postage and Shipping$24,509$19,272$462$4,775
MATERIALS$20,160$15,779$4,381
CONSTITUENT SUPPORT$8,021$5,470$950$1,601

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$5,036TotalAmt
Program Services$4,423ProgramServicesAmt
Management And General$723ManagementAndGeneralAmt
Fundraising-$110FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,088,620TotalAmt
Program Services$851,622ProgramServicesAmt
Management And General$118,272ManagementAndGeneralAmt
Fundraising$118,726FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$643,750BOYAmt
EOY$764,597EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$107,154BOYAmt
EOY$60,070EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,902BOYAmt
EOY$4,419EOYAmt

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$6,930BOYAmt
EOY$15,106EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$139,289LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$58,262LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$91,045BOYAmt
EOY$81,027EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,487,245BOYAmt
EOY$2,539,884EOYAmt

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$3,072EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,345,098BOYAmt
EOY$3,468,175EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$44,365BOYAmt
EOY$65,962EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$44,365BOYAmt
EOY$65,962EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$535,770BOYAmt
EOY$741,868EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,474,723BOYAmt
EOY$1,309,792EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$290,240BOYAmt
EOY$1,350,553EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,300,733BOYAmt
EOY$3,402,213EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,345,098BOYAmt
EOY$3,468,175EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,118,684ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$17,204NetUnrlzdGainsLossesInvstAmt
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$530,802CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$543,750CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$681,117CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$959,089CurrentTaxYearMinus1YearAmt
Current Tax Year$1,883,385CurrentTaxYearAmt
Total$4,598,143TotalAmt

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$530,802CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$543,750CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$681,117CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$959,089CurrentTaxYearMinus1YearAmt
Current Tax Year$1,883,385CurrentTaxYearAmt
Total$4,598,143TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$4,598,143PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$22,794CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$32,508CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$82,260CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$335,073CurrentTaxYearMinus1YearAmt
Current Tax Year$37,543CurrentTaxYearAmt
Total$510,178TotalAmt

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$5,108,321TotalSupportAmt
Public Support CY1700.90010PublicSupportCY170Pct
Public Support PY1700.86490PublicSupportPY170Pct
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 D IRS990ScheduleD

FieldValueIRS element (for citing)
Protection Natural HabitatYes (X)ProtectionNaturalHabitatInd
Preservation Open SpaceYes (X)PreservationOpenSpaceInd
Total Easements97TotalEasementsCnt
Total Acreage44TotalAcreageCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy MonitoringYes (true)WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement33StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement$161,885ExpensesIncurredEnforcementAmt
Section170h Rqr StsfdfalseSection170hRqrStsfdInd

CY Endwmt Fund CYEndwmtFundGrp

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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$271,602BeginningYearBalanceAmt
Investment Earnings Or Losses$48,023InvestmentEarningsOrLossesAmt
Other Expenditures$12,504OtherExpendituresAmt
End Year Balance$307,121EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$253,385BeginningYearBalanceAmt
Investment Earnings Or Losses$40,126InvestmentEarningsOrLossesAmt
Other Expenditures$21,909OtherExpendituresAmt
End Year Balance$271,602EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$275,057BeginningYearBalanceAmt
Investment Earnings Or Losses$12,028InvestmentEarningsOrLossesAmt
Other Expenditures$33,700OtherExpendituresAmt
End Year Balance$253,385EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.96000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.04000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd
Related Org List Sch RfalseRelatedOrgListSchRInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$87,840OtherCostOrOtherBasisAmt
Depreciation$30,026DepreciationAmt
Book Value$57,814BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$25,400OtherCostOrOtherBasisAmt
Depreciation$12,800DepreciationAmt
Book Value$12,600BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$26,049OtherCostOrOtherBasisAmt
Depreciation$15,436DepreciationAmt
Book Value$10,613BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$81,027TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$2,246,741TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$17,204NetUnrealizedGainsInvstAmt
Other Revenue$56,641OtherRevenueAmt
Revenue Not Reported$39,437RevenueNotReportedAmt
Revenue Subtotal$2,207,304RevenueSubtotalAmt
Total Revenue Per Form990$2,207,304TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,145,261TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$56,641OtherExpensesIncludedAmt
Expenses Not Reported$56,641ExpensesNotReportedAmt
Expenses Subtotal$1,088,620ExpensesSubtotalAmt
Total Expenses Per Form990$1,088,620TotalExpensesPerForm990Amt

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 $56641
Part XII, Line 2d: Other expenses and losses per audited F/SFUNDRAISING EVENT EXPENSES $56641

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Agrmt Prof Fundraising ActyfalseAgrmtProfFundraisingActyInd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1EOTLEvent1Nm
Gross Receipts Event1$168,010GrossReceiptsEvent1Amt
Gross Revenue Event1$168,010GrossRevenueEvent1Amt
Non Cash Prizes Event1$3,500NonCashPrizesEvent1Amt
Rent Facility Costs Event1$9,435RentFacilityCostsEvent1Amt
Food And Beverage Event1$17,485FoodAndBeverageEvent1Amt
Entertainment Event1$9,348EntertainmentEvent1Amt
Other Direct Expenses Event1$5,727OtherDirectExpensesEvent1Amt
Event2NTDEvent2Nm
Gross Receipts Event2$21,050GrossReceiptsEvent2Amt
Gross Revenue Event2$21,050GrossRevenueEvent2Amt
Food And Beverage Event2$544FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$2,795OtherDirectExpensesEvent2Amt
Other Events Total2OtherEventsTotalCnt
Gross Receipts Other Events$27,541GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$27,541GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$25RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$1,520FoodAndBeverageOtherEventsAmt
Entertainment Other Events$250EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$3,842OthDirectExpnssOtherEventsAmt
Gross Receipts Total$216,601GrossReceiptsTotalAmt
Gross Revenue Total Events$216,601GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$3,500NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$9,460RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$19,549FoodAndBeverageTotalEventsAmt
Entertainment Total Events$9,598EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$12,364OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$54,471DirectExpenseSummaryEventsAmt
Net Income Summary$162,130NetIncomeSummaryAmt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Contribution1ContributionCnt
Noncash Contributions Rpt F990$2,500NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Cars And Other Vehicles CarsAndOtherVehiclesGrp

FieldValueIRS element (for citing)
Contribution3ContributionCnt
Noncash Contributions Rpt F990$3,650NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Qualified Contrib Other QualifiedContribOtherGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution3ContributionCnt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
DescSERVICESDesc
Noncash Contributions Rpt F990$15,508NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received2Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
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 PRESIDENT 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 PRESIDENT 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 WEBISTE: WWW.GVLT.ORG.

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