2015-11-10T08:08:37-08:00 2015-06-30 Rudd & Company PLLC 3805 Valley Commons Drive Suite 7 Bozeman MT 59718 990 2014-07-01 810464513 GALLATIN VALLEY LAND TRUST GALL 4065878404 212 S WALLACE STE 102 BOZEMAN MT 59715 SIGNE FARRIS Treasurer 2015-11-10 true SCOTT HOLTON CPA P00432520 4065853393 2014 2016-04-25 22:37:26Z 1637730 false false X www.glvt.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. 15 15 9 753 0 681117 1021233 40365 88045 82374 335073 187080 121530 990936 1565881 0 0 438803 544665 0 82673 328483 408772 767286 953437 223650 612444 2066131 2345098 59107 44365 2007024 2300733 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 297816 5715 Community Trails - In FY15, GVLTs Community Trails Program continued with its mission to connect people, communities, and the land through collaborative trail projects. In our 25-year history, GVLT has helped create over 80 miles of trail. This year we secured a permanent trail easement on the popular Triple Tree trail; gave the Sourdough Canyon Trailhead to the US Forest Service for long-term stewardship; constructed mile of new trail at Snowfill Recreation Area; installed over 500 trail totem wayfinding signs; and launched a Trail Ambassador partnership to coordinate volunteer trail ambassadors for education and outreach with the trail using public. 295670 80726 Land Conservation GVLT furthered its mission to conserve working farms and ranches, wildlife habitat, and river corridors in the Gallatin Valley in FY15. We collaborated with four families to conserve 471 acres of land in Gallatin County. These projects included over 1.6 miles of the East Gallatin and Madison Rivers, over 290 acres of prime agricultural land, and over 150 acres of critical wildlife habitat. This brings our total conserved land to over 43,000 acres in 94 conservation easements. We annually visit each of these conservation easements and interview the landowners, providing stewardship support and monitoring to those properties. GVLT was also the lead partner in securing an allocation of $3.8 million in funding to the Gallatin Valley for land conservation and stewardship projects through the Natural Resource Conservation Services Regional Conservation Partnership Program. We continued with outreach to landowners in our priority focus areas, providing information about conservation options and assisting landowners with cost-share funding when possible. In FY15, we also assisted with several stewardship enhancement projects on the ground, worth a total of over $36,000. 149516 Education - GVLT provided 28 community presentations and participated in seven community events reaching over 2,100 people. Our monthly email newsletter reached more than 2,300 community members. The GVLT website is updated monthly with current news relating to community 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 are active on social media and engage over 2,000 followers on Facebook, 1,300 on Twitter, and hundreds on Instagram. We had 750 volunteers who gave over 2,800 hours for the organization in the year, and all volunteers are educated about the mission and accomplishments of GVLT during their service. For the first year ever, we hosted guided group walks on the Main Street to the Mountains trail system. Over 260 people attended our 38 walks to learn about GVLT, the trails, and interesting topics like wildflowers, birds, yoga and more. 743002 true true false false 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 true true false false false false false false false false true 22 0 true 9 true false false false false false false true true false 0 false false false false false false false false false false X 15 15 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 X BOB SANDS Director 1.00 0.00 X 0 0 0 VAL DRAKE Director 1.00 0.00 X 0 0 0 TODD GRAHAM Secretary 2.00 0.00 X X 0 0 0 MARK KEHKE Director 1.00 0.00 X 0 0 0 BILL COCHRAN Vice President 2.00 0.00 X X 0 0 0 MEGHANN MCKENNA Director 1.00 0.00 X 0 0 0 MIKE RILEY Director 1.00 0.00 X 0 0 0 DOTTY BALLANTYNE Director 1.00 0.00 X 0 0 0 ANNE GOERTZEN Director 1.00 0.00 X 0 0 0 STEVE SCHNEE Director 1.00 0.00 X 0 0 0 KATY HARJES Director 1.00 0.00 X 0 0 0 WHITNEY TILT President 2.00 0.00 X X 0 0 0 JON CATTON Director 1.00 0.00 X 0 0 0 SIGNE FARRIS Treasurer 2.00 0.00 X X 0 0 0 HAL STANLEY Director 1.00 0.00 X 0 0 0 PENELOPE PIERCE EXECUTIVE DIRECTOR 40.00 0.00 X 86373 0 15877 86373 15877 0 false false false 0 90835 930398 27144 1021233 CONSERVATION EASEMENT FEE 31526 31526 OTHER INCOME 1604 1604 PROGRAM FEES 5715 5715 STEWARDSHIP/DEFENSE FEES 49200 49200 88045 88943 88943 0 0 0 303630 57500 246130 246130 246130 135879 14349 121530 121530 0 0 0 1565881 88045 456603 X 0 0 0 0 75542 33943 22593 19006 0 377113 289097 52718 35298 0 44332 28487 10077 5768 47678 37746 4989 4943 0 18281 15926 2321 34 8065 8065 0 0 2399 207 2129 63 160008 151575 8055 378 25171 21738 1954 1479 0 27975 21724 3538 2713 0 38275 30642 3803 3830 10221 10166 55 0 0 0 0 19587 15663 2193 1731 11806 10303 840 663 MATERIALS 26247 26212 35 EASEMENT EXPENSE 19119 19119 Postage and Shipping 16110 10724 480 4906 SUPPLIES 10260 7439 1934 887 15248 12291 1983 974 953437 743002 127762 82673 0 579213 643750 60177 107154 5902 0 0 0 6930 0 140449 49404 15446 91045 1408223 1487245 0 0 0 3072 3072 2066131 2345098 40582 44365 18525 59107 44365 X 350512 535770 1401272 1474723 255240 290240 2007024 2300733 2066131 2345098 612444 -318735 X false true X true false X 437458 530802 543750 681117 959089 3152216 0 0 437458 530802 543750 681117 959089 3152216 0 3152216 19720 22794 32508 82260 335073 492355 0 0 3644571 0.86490 0.84610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 94 43 1 true 25 136473 false 307121 35000 -707 5856 335558 271602 48023 12504 307121 253385 40126 21909 271602 275057 12028 33700 253385 239199 35858 275057 0.86490 0.13510 false false false 87840 12724 75116 20460 18004 2456 32149 18676 13473 91045 1261495 -318735 14349 -304386 1565881 1565881 967786 14349 14349 953437 953437 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 $14349 Part XII, Line 2d: Other expenses and losses per audited F/S FUNDRAISING EVENT EXPENSES $14349 false EOTL 83321 83321 4647 4446 TRAIL MIX 19665 19665 1447 1112 2 28293 28293 25 85 2064 131279 131279 4672 1532 7622 13826 117453 X 4 N/A 3 false false 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 PAKCET. 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 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 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 WEBISTE: WWW.GVLT.ORG.