2012-11-14T14:26:00-08:00 2012-06-30 Junkermier Clark Campanella Stevens PC 220 West Lamme Suite 3-A Bozeman MT 59715 990 2011-07-01 810464513 GALLATIN VALLEY LAND TRUST GALL 4065878404 25 N WILSON BOZEMAN MT 59771 MIKE RILEY 2012-11-14 true TERRY ALBORN 4065871277 2011 2016-02-24 21:20:13Z 809140 false false X www.glvt.org X 1990 MT GALLATIN VALLEY LAND TRUST CONSERVES SOUTHWEST MONTANA'S HERITAGE OF OPEN LANDSCAPES, WORKING FARMS AND RANCHES, HEALTHY RIVERS, AND WILDLIFE HABITAT; AND CREATES TRAILS TO CONNECT PEOPLE COMMUNITIES AND THE LAND. 13 13 10 500 0 437459 505545 12967 54494 22336 34494 45862 125018 518624 719551 0 0 338929 354509 0 81563 192339 265792 531268 620301 -12644 99250 1490888 1547293 70051 60189 1420837 1487104 GALLATIN VALLEY LAND TRUST CONSERVES SOUTHWEST MONTANA'S HERITAGE OF OPEN LANDSCAPES, WORKING FARMS AND RANCHES, HEALTHY RIVERS, AND WILDLIFE HABITAT; AND CREATES TRAILS TO CONNECT PEOPLE COMMUNITIES AND THE LAND. false false 279832 14664 Community Trails - In FY12, GVLT's Community Trails Program continued with its mission to connect people, communities, and the land through collaborative trail projects. In our 20-year history, GVLT has helped create over 62 miles of trail. In FY12 we worked with a great diversity of partners to complete a variety of projects to expand, improve and maintain Bozeman's Main Street to the Mountains trail system. We completed public safety and recreational improvements at the hugely popular Sourdough Canyon Trailhead by expanding the parking, installing a turn-around for emergency vehicles, moving the road away from Bozeman Creek to reduce sedimentation and pollution, and installation of a new, custom-designed gate. We also resurfaced over five miles of trails in the trail system, including segments on the West Side, East Gallatin Recreation Area, and New Hyalite View trails. 128269 39830 Conservation Easements - GVLT collaborated with a family to conserve 1,240-acres of relatively natural wildlife habitat, working ranchland, and scenic open space adjacent to public lands and other conserved lands in Madison County, Montana. This brings our total conserved land to over 38,000 acres in 87 conservation easements and is a milestone in our goal of protecting the most important private lands in our service area. As an accredited land trust, 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. 37624 Education - GVLT provided educational programs for approximately 10 organizations and at many community events throughout the year. We also publish a monthly E-Newsletter that reaches over 1,500 addresses. GVLT's Annual Report reached more than 2,000 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. We had over 4,272 volunteer hours for the organization in the year, and all volunteers are educated about the mission and accomplishments of GVLT during their service. 445725 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 false false false false false false false false false false false false false true false false false false false false false false true 7 0 true 10 true false false false false false false false false true true false 0 false false false true false false false false false false false X 13 13 false false false false false false false true true false false false true true true true true true true true false false X X PENELOPE PIERCE 4065878404 25 N WILSON BOZEMAN MT 597717021 KATY HARJES 1.00 X 0 0 0 STEVE SCHNEE 2.00 X X 0 0 0 ANNE GOERTZEN 1.00 X 0 0 0 MIKE WHEAT 2.00 X X 0 0 0 DOTTY BALLANTYNE 1.00 X 0 0 0 MICHELINE BISAILLON 1.00 X 0 0 0 MIKE RILEY 2.00 X X 0 0 0 ALISON TOTTEN 1.00 X 0 0 0 BILL COCHRAN 1.00 X 0 0 0 VALORIE DRAKE 2.00 X X 0 0 0 COLUMBINE CULBERG 1.00 X 0 0 0 SALLY SANDS 1.00 X 0 0 0 STUART JENNINGS 1.00 X 0 0 0 PENELOPE PIERCE 40.00 X 73067 0 10746 73067 10746 0 false false false 0 26900 15165 463480 505545 Trail Maps/Wildflower Bk 14664 14664 Conservation Easement Fee 39830 39830 54494 22794 22794 0 0 0 65224 1500 55024 10200 1500 11700 11700 159583 26900 34565 125018 125018 0 0 0 719551 54494 159512 0 0 0 0 80463 27370 25176 27917 0 203000 144783 35939 22278 8220 4881 1833 1506 28629 14939 8428 5262 34197 22348 6535 5314 0 7486 7369 95 22 8036 1328 6426 282 0 0 0 129204 128804 400 4306 2510 385 1411 13306 11448 1253 605 13130 9652 1587 1891 0 27612 19966 3399 4247 4285 4166 119 0 1063 513 468 82 0 0 2314 1841 210 263 6507 4796 691 1020 SUPPLIES 17046 16544 100 402 Printing and Publications 12740 6668 478 5594 FISCAL SPONSORSHIPS 16021 13073 2948 EQUIPMENT MAINTENANCE 2736 2726 10 0 620301 445725 93013 81563 0 317558 419427 74232 49244 0 0 0 0 0 0 74267 59921 150 14346 1098948 1064276 0 0 0 0 1490888 1547293 22547 24948 47504 35241 70051 60189 X 110741 197522 1054856 1034342 255240 255240 1420837 1487104 1490888 1547293 X 99250 -32983 X false true true X false false X 1464747 659057 696698 450425 537622 3808549 6745 14664 21409 0 0 0 1464747 659057 696698 457170 552286 3829958 717626 138000 43172 59900 61735 1020433 0 717626 138000 43172 59900 61735 1020433 2809525 21576 30165 19984 19720 22794 114239 0 21576 30165 19984 19720 22794 114239 0 0 1486323 689222 716682 476890 575080 3944197 0.71230 0.69520 0.02900 0.03060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false true false true 763 false true 5000 true 1358 false false 7121 false false Part II-B, Line 1i Part II-B, Line 1i - Other Activities Description In Fiscal Year 2012, the Gallatin Valley Land Trustengaged in lobbying to help create a Parks & Trails Bond for the City of Bozeman. Such a bond would directly help the Gallatin Valley Land Trust achieve its mission of protecting river corridors and natural areas, and helping to create trails that connect people, communities and the land.Expenditures weremade in direct lobbying efforts to encourage the Bozeman City Commission to vote in favor of putting the bond measure on the November 2012 ballot. Staff time was spent meeting with Commissioners and attending public hearings. Expenditures were also made in grassroots efforts to encourage the public to lobby the Bozeman City Commission in favor of putting a bond measure on the November 2012 ballot. Staff time was spent sending emails and encouraging our constituents and the public to lobby the Bozeman City Commission. The Gallatin Valley Land Trust also made a donation to The Conservation Campaign in anticipation of creating a campaign committee for the ballot measure. X X X 87 38 1 1 true 21 63672 false 275057 12028 33700 253385 239199 35858 275057 224182 15017 239199 1.00000 false false false 74267 59921 14346 14346 RTP LOAN 35241 35241 719551 620301 99250 -35403 7400 -4980 -32983 66267 739080 -35403 25347 -4980 -15036 754116 -34565 -34565 719551 672813 17947 34565 52512 620301 620301 Part II, Line 5 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 3 Part II, Line 3 - Explanation of Each Easement Change GVLT corrected inaccuracies and ambiguities in one conservation easement in Fiscal Year 2011 by filing in the public record of Gallatin County, Montana, a Correction of Deed of Conservation Easement. The 40-acre Happel conservation easement was originally donated in 1997. The easement contained several typographical errors in its text that inaccurately summarized the acreage subject to development restrictions. These typographical errors were corrected. The Correction of Deed of Conservation Easement also incorporated a new map Exhibit depicting the precise locations of the 2-acre "Home and Ranch Parcel", within which all structures must be confined, and the 38-acre "Open Space Parcel", on which no development is permitted. Finally, the Correction clarified that the original easement used the terms "Home and Ranch Parcel" and "Home and Business Parcel" interchangeably and that both terms referred to the same 2-acre parcel. The recorded Correction of Deed of Conservation Easement incorporates an explicit ratification of the conservation purposes and terms of the original conservation easement, as corrected. Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S EXPENSES NETTED AGAINST REVENUE $34565 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances ALLOWANCE FOR UNCOLLECTIBLE PLEDGES $ -4980 Part V, Line 4 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 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 II, Line 9 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. false EVENING ON THE LAND 113025 26900 86125 22 8425 6599 3600 2635 MAKE TRACKS FOR TRAILS 25604 25604 2000 119 201 1960 3 44570 44570 4100 50 1369 3167 183199 26900 156299 6122 8594 8169 3600 7762 34247 122052 X 1 N/A 1 false false false Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE 990 IS ALSO AVAILABLE ON GALLATIN VALLEY LAND TRUST'S WEBSITE: WWW.GVLT.ORG. Form 990, Part VI, Line 15b 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 12c 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 11 Form 990, Part VI, Line 11: Form 990 Review Process JCCS 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.