2014-11-10T08:03:18-08:00 2014-06-30 Amatics CPA Group 220 West Lamme Suite 3-A Bozeman MT 59715 990 2013-07-01 810464513 GALLATIN VALLEY LAND TRUST GALL 4065878404 212 S WALLACE STE 102 BOZEMAN MT 59715 BILL COCHRAN VP/Treasurer 2014-11-10 true HEIDI GIEM P01372870 4064041925 2013 2015-11-30 17:44:51Z 1992032 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, and wildlife habitat, and the creation of trails in the Montana headwaters of the Missouri and Upper Yellowstone Rivers. 13 13 8 773 0 543750 681117 41069 40365 32498 82374 55481 187080 672798 990936 0 0 390854 438803 0 70994 268886 328483 659740 767286 13058 223650 1685612 2066131 39629 59107 1645983 2007024 Gallatin Valley Land Trust connects 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. false false 282758 7126 Community Trails - In FY14, GVLTs Community Trails Program continued with its mission to connect people, communities, and the land through collaborative trail projects. In our 24-year history, GVLT has helped create over 70 miles of trail. In FY14 we worked with a great diversity of partners to complete a variety of projects to expand, improve and maintain Bozemans Main Street to the Mountains trail system, including: acquiring 9 acres of vacant land to expand the popular Bozeman Pond Park; adding a new pedestrian bridge into the Gallatin County Regional Park to provide better connectivity to a neighboring middle school; and re-routing the popular Triple Tree Trail for a safer, more sustainable trail. In total, GVLT constructed 6.5 miles of new trail in FY14. 234942 33239 Land Conservation - GVLT collaborated with a family to conserve 640 acres of prime farmland, exceptional wildlife habitat, and an important creek headwaters adjacent to other conserved lands in Gallatin County, Montana. This brings our total conserved land to over 42,800 acres in 90 conservation easements and is a milestone in our goal of protecting the most important private lands in our service area. In 2014, GVLT was awarded accreditation renewal by the national Land Trust Accreditation Commission. The accreditation seal is a mark of distinction in land conservation and indicates that GVLT meets national standards for excellence, upholding the public trust, and ensuring that our conservation efforts are permanent. In FY14 we provided stewardship and monitoring to every conservation easement that we hold and maintained records of our stewardship work. We also 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 FY14, we assisted with 21 stewardship enhancement projects on the ground, worth a total of over $80,000. 83621 Education - GVLT provided fourteen educational programs for various organizations and at many community events throughout the year reaching over 480 people. We also publish a monthly E-Newsletter that reaches over 1,800 addresses. GVLTs Annual Report reached more than 900 community members. The GVLT website is updated bi-monthly with current news relating to community trails, private land conservation and events open to the public. We have a Facebook page and can also be followed on Twitter and Instagram. We had over 2,700 volunteer hours for the organization in the year, and all volunteers are educated about the mission and accomplishments of GVLT during their service. 601321 true true false false 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 false false false false false false false false false false false false false true false false false false false false false false true 12 0 true 8 true false false false false false false true true false 0 false false false true false false false false false false X 13 13 true 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 WALLCE STE 102 BOZEMAN MT 59715 BOB SANDS Director 1.00 0.00 X 0 0 0 SALLY SANDS Director 1.00 0.00 X 0 0 0 COLUMBINE CULBERG Director 1.00 0.00 X 0 0 0 VALORIE DRAKE Former Sec 2.00 0.00 X X 0 0 0 BILL COCHRAN VP/Treasurer 2.00 0.00 X X 0 0 0 ALISON TOTTEN Director 1.00 0.00 X 0 0 0 MIKE RILEY Former VP/Treas 2.00 0.00 X X 0 0 0 TODD GRAHAM Director 1.00 0.00 X 0 0 0 DOTTY BALLANTYNE Director 1.00 0.00 X 0 0 0 MIKE WHEAT Director 1.00 0.00 X 0 0 0 ANNE GOERTZEN Secretary 2.00 0.00 X X 0 0 0 STEVE SCHNEE Former Pres 2.00 0.00 X 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 Director 1.00 0.00 X 0 0 0 HAL STANLEY Director 1.00 0.00 X 0 0 0 PENELOPE PIERCE Executive Direc 40.00 0.00 X 81726 0 11847 81726 11847 0 false false false 0 63641 617476 681117 Conservation Easement Fee 33239 33239 Trail Maps/Wildflower Bk 7126 7126 40365 50112 50112 0 0 0 186485 802741 154337 802627 32148 114 32262 32262 231212 44132 187080 187080 0 0 0 990936 40365 269454 X 0 0 0 0 90356 33958 22299 34099 0 267232 222188 32023 13021 10430 7386 1630 1414 30391 18544 6591 5256 40394 30630 5315 4449 0 9502 9373 80 49 6500 113 6373 14 0 0 0 142677 140402 1405 870 2725 1601 600 524 27421 18038 5765 3618 36822 27663 5656 3503 0 33841 26455 4561 2825 8639 8205 372 62 0 2334 1684 437 213 7461 7461 0 8204 7448 467 289 12318 10459 1148 711 SUPPLIES 18730 18404 249 77 EASEMENT EXPENSES 11309 11309 0 767286 601321 94971 70994 0 391987 579213 55952 60177 0 0 0 0 0 0 60906 45460 15650 15446 1222022 1408223 0 0 0 1 3072 1685612 2066131 24779 40582 14850 18525 39629 59107 X 254257 350512 1136486 1401272 255240 255240 1645983 2007024 1685612 2066131 X 223650 131260 6131 X false true X true false X 450143 437458 530802 543750 681117 2643270 0 0 450143 437458 530802 543750 681117 2643270 256767 2386503 19984 19720 22794 32508 82260 177266 0 0 2820536 362440 0.84610 0.88940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 90 42 1 true 24 82510 false 271602 48023 12504 307121 253385 40126 21909 271602 275057 12028 33700 253385 239199 35858 275057 224182 15017 239199 0.83110 0.16890 false false false 8000 8000 17860 16569 1291 35046 28891 6155 15446 RTP LOAN 18525 18525 1185132 131260 20673 -1869 150064 1035068 -44132 -44132 990936 824091 12673 44132 56805 767286 767286 Part II, Line 5 - Summarized Policy The Gallatin Valley Land Trust is accredited by the national Land Trust Accreditation Commission. GVLT's 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. GVLT's 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.GVLT's 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. Endowment Funds are depositories for special gifts received by GVLT for endowment purposes. The principal of such special gifts will be permanently restricted, the income from which may be used for the needs of GVLT. Endowment Funds are to be responsibly managed to allow for accumulation and income for expenditure to accomplish the organizations 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 XII, Line 2d: Other expenses and losses per audited F/S EXPENSES NETTED AGAINST REVENUE $44132 false EVENING ON THE LAND 164017 164017 11695 12096 2600 10516 MAKE TRACKS FOR TRAILS 27714 27714 1500 25 479 3 37342 37342 1582 3485 229073 229073 1500 11720 13678 2600 14480 43978 185095 X 1 N/A 1 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 2: Description of Business or Family Relationship of Officers, Directors, Et BOB AND SALLY SANDS ARE HUSBAND AND WIFE; HOWEVER, THEY DID NOT SERVE ON THE BOARD AT THE SAME TIME. Form 990, Part VI, Line 11b: Form 990 Review Process AMATICS DELIVERED A COPY OF 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 PRESIDENT 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 PRESIDENT 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, Line 15b: Compensation Review and Approval Process for Officers and Key Employees 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. Other Changes In Net Assets Or Fund Balances - Other Decreases BAD DEBT LOSS = -$1869 Other Changes In Net Assets Or Fund Balances - Other Increases DONATED IMPROVEMENTS = $8000