Lemhi Regional Land Trust
- Assets
- $3.1m
- Revenue
- $727.7k
- Investments
- $2.1m
- Employees
- 6
- Location
- Salmon, ID
- Founding
- 03/2006
- Data as of
- 06/2021
- EIN
- 20-2753508
Organization Overview
Lemhi Regional Land Trust is located in Salmon, ID. The organization was established in 2006. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. As of 06/2021, Lemhi Regional Land Trust employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lemhi Regional Land Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Lemhi Regional Land Trust generated $727.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (38.2%) each year. All expenses for the organization totaled $596.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (39.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE RANCH LAND AND NATURAL RESOURCES IN CENTRAL IDAHO
Describe the Organization's Program Activity:
Part 3 - Line 4a
LRLT HOLDS A TOTAL OF THIRTEEN CONSERVATION EASEMENTS TOTALING 13,553 ACRES IN LEMHI AND CUSTER COUNTIES AND OWNS SIX PIECES OF PROPERTY, FIVE OF WHICH ARE MANAGED FOR CONSERVATION PURPOSES, AND THE SIXTH BEING OUR OFFICE BUILDING. IN ADDITION TO OUR LAND PROTECTION WORK, LRLT IMPLEMENTED ONE LARGE SCALE HABITAT RESTORATION PROJECT IMPROVING HABITAT FOR CHINOOK SALMON AND STEELHEAD ON A LEMHI RIVER TRIBUTARY ON A CONSERVED PROPERTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Russell Chairman | OfficerTrustee | 4 | $0 |
Mike Overacker Vice Chairma | Trustee | 2 | $0 |
Shane Rosenkrance Director | Trustee | 2 | $0 |
Ace Hess Director | Trustee | 2 | $0 |
Tom Mcfarland Director | Trustee | 2 | $0 |
Ingrid Fulstone Treasurer | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $270,464 |
| All other contributions, gifts, grants, and similar amounts not included above | $358,582 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $629,046 |
| Total Program Service Revenue | $17,112 |
| Investment income | $45,638 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $22,484 |
| Net Income from Fundraising Events | $13,374 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $727,654 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $256,208 |
| Pension plan accruals and contributions | $8,943 |
| Other employee benefits | $0 |
| Payroll taxes | $19,408 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,095 |
| Fees for services: Accounting | $14,805 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,302 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,040 |
| Travel | $157 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $656 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,934 |
| Insurance | $9,583 |
| All other expenses | $13,443 |
| Total functional expenses | $596,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,493 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,739 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $873,413 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,132,326 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,129,971 |
| Accounts payable and accrued expenses | $6,860 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $37,695 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,809 |
| Total liabilities | $54,364 |
| Net assets without donor restrictions | $3,075,607 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,129,971 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Lemhi Regional Land Trust has recieved totaling $124,741.
| Awarding Organization | Amount |
|---|---|
Heart Of The Rockies Foundation Missoula, MT PURPOSE: PROTECT LANDS OF HIGH CONSERV VALUE | $77,500 |
Wilburforce Foundation Seattle, WA PURPOSE: ENVIRONMENTAL | $30,000 |
Tonsmeire Charitable Foundation 2008 Fairhope, AL PURPOSE: UNRESTRICTED CONTRIBUTION | $5,000 |
Cadeau Foundation A Charitable Trust Patagonia, AZ PURPOSE: LAND CONSERVATION | $4,860 |
Chc Foundation Idaho Falls, ID PURPOSE: CHARITABLE | $3,500 |
Wilburforce Foundation Seattle, WA PURPOSE: ENVIRONMENTAL | $1,980 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Forterra Nw Seattle, WA | $50,722,861 | $15,501,876 |
Montana Land Reliance Helena, MT | $13,853,510 | $21,937,428 |
American Prairie Foundation Bozeman, MT | $143,723,396 | $42,861,456 |
Organic Materials Review Institute Eugene, OR | $2,429,450 | $7,163,991 |
Columbia Land Trust Vancouver, WA | $128,484,045 | $26,603,330 |
Boreal Songbird Initiative Seattle, WA | $3,462,236 | $1,922,270 |
Jackson Hole Land Trust Jackson, WY | $34,929,001 | $7,522,371 |
Palladium Foundation Salt Lake City, UT | $46,965,152 | $3,512,246 |
Utah Open Lands Conservation Association Inc Salt Lake City, UT | $10,664,268 | $4,249,074 |
Mckenzie River Trust Eugene, OR | $16,079,126 | $5,680,639 |
Teton Regional Land Trust Driggs, ID | $10,505,047 | $4,545,192 |
San Juan Preservation Trust Friday Harbor, WA | $63,398,205 | $3,224,366 |