2011-04-26T14:59:41-07:00 2010-06-30 Junkermier Clark Campanella Stevens PC 220 West Lamme Suite 3-A Bozeman MT 59715 990 2009-07-01 810464513 GALLATIN VALLEY LAND TRUST GALL 4065878404 25 N WILSON BOZEMAN MT 59771 MIKE RILEY 2011-04-26 TERRY ALBORN 4065871277 2009 2016-02-24 21:20:13Z MICHELINE BISAILLON 34039 FRONTAGE ROAD BOZEMAN MT 59715 913104 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. 12 12 9 200 0 544215 450143 114842 246555 23381 18082 46077 94583 728515 809363 0 0 382596 309413 0 71342 380270 173502 762866 482915 -34351 326448 925383 1380132 25856 89081 899527 1291051 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 168065 Conservation Easements - GVLT collaborated with private landowners to complete 12 new conservation projects, conserving 3,962 acres of relatively natural wildlife habitat, working farms and ranches, river corridor, and scenic open space in Gallatin, Park, and Madison counties of southwest Montana. These achievements bring our total conserved land to over 36,000 acres in 85 conservation easements and are milestones 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. 158752 COMMUNITY TRAILS - IN OUR 20 YEARS, GVLT HAS HELPED CREATE OVER 60 MILES OF TRAILS. IN FY10 GVLT CONTINUED ITS MISSION TO CONNECT PEOPLE, COMMUNITIES AND THE LAND THROUGH COLLABORATIVE TRAIL PROJECTS. WE WORKED WITH A DIVERSITY OF PARTNERS ON SEVERAL PROJECTS TO EXPAND AND IMPROVE BOZEMAN'S MAIN STREET TO THE MOUNTAINS TRAIL SYSTEM. IN LATE 2009 GVLT HELPED COMPLETE A NEW SECTION OF TRAIL CONNECTING THE GALLAGATOR LINEAR TRAIL TO COLLEGE STREET - AN IMPORTANT LINK WITH DOWNTOWN AND MONTANA STATE UNIVERSITY. IN JUNE 2010 DRINKING HORSE MOUNTAIN TRAIL RECEIVED NATIONAL RECREATION TRAIL STATUS. GVLT COMPLETED MAJOR IMPROVEMENTS TO THE TRIPLE TREE AND MORNINGSTAR TRAILS THANKS TO OVER 800 HOURS OF VOLUNTEER LABOR. GVLT ALSO WORKED WITH LOCAL OFFICIALS AND OTHERS TO REVIEW NEW TRAIL DESIGNS AND PLANNING DOCUMENTS. 18089 Education - GVLT provided educational programs for approximately 15 civic organizations and at many community events throughout the year. We also publish a monthly E-Newsletter reaching over 1,400 addresses. GVLT's Annual Report featured conservation accomplishments in the Gooch Hill area and 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 also had over 2,200 volunteer hours for the organization in the year, and all volunteers learn about the mission and accomplishments of GVLT during their service. 344906 true true false false false false true false false true true 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 true 3 0 false 9 true false false false false false false false false false false false 0 false false false false false false false false 12 12 false false false false false false false true true false false false true true true true true true true true false false X X KELLY POHL 4065878404 25 N WILSON BOZEMAN MT 597717021 VALORIE DRAKE 2.00 X X 0 0 0 STUART JENNINGS 1.00 X 0 0 0 STEVE SCHNEE 1.00 X 0 0 0 STEPHEN JOHNSON 40.00 X X 61256 0 0 SCOTT DEHLENDORF 3.00 X X 0 0 0 SALLY SANDS 1.00 X 0 0 0 MIKE WHEAT 1.00 X 0 0 0 MIKE RILEY 1.00 X 0 0 0 MICHELINE BISAILLON 3.00 X X 0 0 0 JOE MCCARTY 1.00 X 0 0 0 JIM SMITH 2.00 X X 0 0 0 DOTTY BALLANTYNE 1.00 X 0 0 0 BEN PIERCE 1.00 X 0 0 0 61256 0 false false false 0 450143 450143 Conservation Easement Fee 246555 246555 246555 19984 19984 0 0 0 76276 78178 -1902 -1902 -1902 120146 25563 94583 94583 0 0 0 809363 341138 18082 0 0 0 0 61256 22617 22264 16375 0 189159 136760 24047 28352 0 33811 21810 7327 4674 25187 17014 3772 4401 0 7681 6119 808 754 0 0 0 0 62065 58701 904 2460 2912 1202 303 1407 43493 38654 2561 2278 0 0 25489 19641 2797 3051 5407 4020 73 1314 0 1006 533 465 8 0 0 5069 5069 6101 4698 671 732 Printing and Publications 10213 5213 453 4547 Postage and Shipping 4066 2855 222 989 0 482915 344906 66667 71342 0 86775 254549 18104 176621 0 0 0 0 0 0 70812 67118 8764 3694 811740 945268 0 0 0 0 925383 1380132 25856 31449 57632 25856 89081 X 12221 73372 632066 962439 255240 255240 899527 1291051 925383 1380132 X false true true X false false X 388461 620817 1464747 659057 696698 3829780 0 0 0 0 388461 620817 1464747 659057 696698 3829780 27015 31724 38074 53000 38172 187985 0 27015 31724 38074 53000 38172 187985 3641795 27584 31248 21576 30165 19984 130557 0 27584 31248 21576 30165 19984 130557 0 0 3960337 0.91960 0.92440 0.03300 0.03340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 85 36 1 true 17 40846 false 224182 15017 239199 275487 2000 -53305 224182 false false false 70812 67118 3694 3694 RTP LOAN 57632 57632 809363 482915 326448 65076 65076 391524 885207 65076 10768 75844 809363 809363 493683 10768 10768 482915 482915 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 One easement was modified in Fiscal Year 2010. The 200-acre Van Zandt conservation easement in Madison County, Montana was originally donated in 1998. In March of 2010, the easement was restated and amended with the purposes of: reaffirming the perpetual conservation protections on the lands described in the original conservation easement, updating the original easement's older language to enhance enforceability of the conservation restrictions, clarifying certain terms in the original easement that were arguably ambiguous, documenting the Grantor's legitimate exercise of reserved rights, and adding 16 acres of contiguous lands into the conservation easement. By way of example, Paragraph 4 of the Recitals in the updated conservation easement states: "Grantor and Grantee now wish to restate the terms of the 1998 Conservation Easement and to amend certain terms therein to clarify the purposes of the 1998 Conservation Easement, to document the exercise of reserved rights thereunder, and to add additional lands to the 1998 Conservation Easement, which are described in Exhibit A as the 2009 Conservation Easement Tract. Grantee has determined that the amendments to the 1998 Conservation Easement that are set forth with this Restated Easement enhance Grantee's ability to protect in perpetuity the Conservation Values identified in the 1998 Conservation Easement and, therefore, to protect and to contribute to the public interest in preservation of the Conservation Values on the Property in perpetuity."Section 2, Paragraph D of the conservation easement also specifically states that the parties to the amended conservation easement reaffirm the conservation purposes of the 1998 conservation easement. Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances UNREALIZED GAIN ON INVESTMENTS $65076 UNREALIZED LOSS ON INVESTMENTS $ -0 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 43375 43375 480 7783 7757 500 2622 MAKE TRACKS FOR TRAILS 34243 34243 47 3013 3 42528 42528 3361 120146 120146 480 7830 7757 500 8996 25563 94583 X 12 N/A 9 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 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 AND OTHER TOP MANAGEMENT PERSONNEL. 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 ED 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 TIMES FOR INCLUSION IN A BOARD PACKET. THE BOARD OF DIRECTORS SUBSEQUENTLY REVIEWED THE 990.