Five Valleys Land Trust Inc is located in Missoula, MT. The organization was established in 1972. 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 12/2021, Five Valleys Land Trust Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Five Valleys Land Trust Inc 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 12/2021, Five Valleys Land Trust Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. 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
OUR MISSION IS TO PROTECT FOR FUTURE GENERATIONS WESTERN MONTANA'S NATURAL LEGACY, OUR RIVER CORRIDORS, WILDLIFE HABITAT, AGRICULTURAL LANDS, AND COMMUNITY OPEN SPACES. THE FIVE VALLEYS WE SERVE ARE THE BITTERROOT, THE BLACKFOOT, THE UPPER CLARK FORK, THE LOWER CLARK FORK, AND THE MISSION-JOCKO. WE BELIEVE THAT THE CHARACTER OF THESE VALLEYS, AND THE THRIVING COMMUNITIES IN THEM, IS ROOTED IN THE CLEAN RIVERS, OPEN LANDS, AND ABUNDANT WILDLIFE THAT SURROUND THEM. WE WORK WITH COMMUNITIES, PRIVATE LANDOWNERS, GOVERNMENTS, AND OTHER PARTNERS TO PROTECT THESE NATURAL TREASURES FOR THE BENEFIT OF THIS AND FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND PROTECTION THE ORGANIZATION PROTECTS CLEAN WATER, WORKING FARMS AND RANCHES, WILDLIFE HABITAT, AND RECREATION OPPORTUNITIES USING FEE ACQUISITION AND CONSERVATION EASEMENTS OF PRIVATE LANDS. LANDOWNERS ENTER INTO AGREEMENTS WITH THE ORGANIZATION VOLUNTARILY AND KNOWING THEIR LAND HOLDS SPECIAL VALUE TO THEM AND TO THE PUBLIC. EASEMENTS HELD BY THE ORGANIZATION HOLD NO FINANCIAL VALUE, AND THE LANDOWNER RETAINS FULL OWNERSHIP OF THE LAND. THE COST TO ACQUIRE PURCHASED OR DONATED EASEMENTS IS EXPENSED AS INCURRED. IN 2018, THE ORGANIZATION STARTED RECORDING IN-KIND CONTRIBUTIONS TO REPRESENT THE LOST VALUE TO LAND OWNERS WHO PUT IN CONSERVATION EASEMENTS. THE VALUE OF IN-KIND EASEMENT CONTRIBUTIONS FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020 WAS $48,000 AND $-0-, RESPECTIVELY, AND IS INCLUDED AS REVENUE AND EXPENSES IN THE ACCOMPANYING FINANCIAL STATEMENTS. DURING THE YEAR ENDED DECEMBER 31, 2021, THE ORGANIZATION COMPLETED TWO EASEMENT PROJECTS. DURING THE YEAR ENDED DECEMBER 31, 2020, THE ORGANIZATION COMPLETED ONE EASEMENT PROJECT AND SOLD THE MOUNT DEAN STONE CORRIDOR TO THE CITY OF MISSOULA. THE MOUNT DEAN STONE CORRIDOR CONSISTS OF SIX PROPERTIES OWNED BY THE ORGANIZATION AS OF JANUARY 1, 2020. IN CONSIDERATION FOR THE PROPERTY, THE CITY OF MISSOULA PAID CASH AND ASSUMED LIABILITIES FOR A TOTAL AMOUNT OF $922,233. SINCE INCEPTION, THE ORGANIZATION HAS IDENTIFIED OPPORTUNITIES TO CONVERT PRIVATELY HELD LANDS INTO PUBLIC LANDS OVER SEVERAL AREAS IN WESTERN MONTANA. EXAMPLES OF THESE PROJECTS INCLUDE THE ALBERTON GORGE, HIAWATHA ROUTE, MOUNT JUMBO, MOUNT SENTINEL, AND THE RATTLESNAKE GREENWAY. AS OF DECEMBER 31, 2021, THE ORGANIZATION HELD A TOTAL OF 194 CONSERVATION EASEMENTS PROTECTING A COMBINED 81,195 ACRES OF LAND. AT DECEMBER 31, 2020, THE ORGANIZATION HELD A TOTAL OF 193 CONSERVATION EASEMENTS PROTECTING A COMBINED 80,971 ACRES OF LAND.LAND STEWARDSHIPTHE ORGANIZATION'S STEWARDSHIP STAFF WORKS WITH PUBLIC AND PRIVATE PARTNERS TO IMPROVE PROTECTED LANDS FOR THEIR CONSERVATION PURPOSE. THE ORGANIZATION ENLISTS A BROAD GROUP OF PARTNERS TO COMPLETE THIS WORK INCLUDING STUDENTS, VOLUNTEERS, AND CONTRACTORS. THE ORGANIZATION CONTINUED WEED TREATMENT, HABITAT RESTORATION, AND RIVER TRAIL DEVELOPMENT AT THE ROCK CREEK CONFLUENCE PROJECT IN PARTNERSHIP WITH THE UNIVERSITY OF MONTANA, MISSOULA COLLEGE, AND THE CONSERVATION CORPS. THE ORGANIZATION CONDUCTED SIMILAR ACTIVITIES ON OTHER PROPERTIES THROUGHOUT ITS SERVICE AREA. A CONSERVATION EASEMENT COMMITS THE ORGANIZATION TO A PERPETUAL RESPONSIBILITY OF STEWARDING THE PROTECTED CONSERVATION VALUES AND SUPPORTING LANDOWNERS IN THEIR EFFORTS TO MANAGE THEIR LAND WITH CONSERVATION IN MIND. STEWARDSHIP WORK INVOLVES MONITORING THE CONSERVATION EASEMENTS AND VISITING WITH LANDOWNERS ANNUALLY TO LISTEN TO THEIR CONCERNS AND WORK TO HELP THEM MEET THEIR MANAGEMENT GOALS IN A WAY THAT ACHIEVES OPTIMAL PROTECTION FOR THEIR LAND. TO FUND THESE FUTURE RESPONSIBILITIES, THE ORGANIZATION HAS ESTABLISHED A STEWARDSHIP FUND WITH A BALANCE OF $1,483,698 AND $1,265,865 AT DECEMBER 31, 2021 AND 2020, RESPECTIVELY, THAT IS PRESENTED WITHIN INVESTMENTS ON THE STATEMENTS OF FINANCIAL POSITION. THE ORGANIZATION PRIDES ITSELF IN WORKING COLLABORATIVELY WITH LANDOWNERS AND OTHER PARTNERS TO BRING RESOURCES AND SOUND SOLUTIONS TO COMPLEX LAND MANAGEMENT ISSUES. IN 2021 AND 2020, THE ORGANIZATION MONITORED EACH OF ITS CONSERVATION EASEMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Whitney Schwab Executive Director | Officer | 40 | $83,200 |
David Banks Vice President | OfficerTrustee | 5 | $0 |
Rachel Mcdonough Treasurer | OfficerTrustee | 5 | $0 |
Jeff Roth President | OfficerTrustee | 5 | $0 |
Julie Fogarty Secretary | OfficerTrustee | 5 | $0 |
Jen Boyer Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $210,363 |
Related organizations | $0 |
Government grants | $407,632 |
All other contributions, gifts, grants, and similar amounts not included above | $1,789,199 |
Noncash contributions included in lines 1a–1f | $169,978 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,407,194 |
Total Program Service Revenue | $0 |
Investment income | $59,827 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $33,115 |
Net Gain/Loss on Asset Sales | -$222,769 |
Net Income from Fundraising Events | -$15,966 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,267,001 |
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. | $83,200 |
Compensation of current officers, directors, key employees. | $33,280 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $620,397 |
Pension plan accruals and contributions | $16,104 |
Other employee benefits | $56,948 |
Payroll taxes | $50,140 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,527 |
Fees for services: Accounting | $54,010 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $22,190 |
Fees for services: Other | $76,872 |
Advertising and promotion | $3,630 |
Office expenses | $21,990 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $71,885 |
Travel | $3,011 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $16,609 |
Interest | $1,310 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $32,063 |
Insurance | $25,510 |
All other expenses | $85,150 |
Total functional expenses | $1,396,934 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $412,430 |
Savings and temporary cash investments | $155,854 |
Pledges and grants receivable | $886,690 |
Accounts receivable, net | $97,288 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $2,646 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $2,216,104 |
Investments—publicly traded securities | $3,999,488 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $10,000 |
Total assets | $7,780,500 |
Accounts payable and accrued expenses | $59,148 |
Grants payable | $0 |
Deferred revenue | $100,000 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $10,647 |
Total liabilities | $169,795 |
Net assets without donor restrictions | $6,202,270 |
Net assets with donor restrictions | $1,408,435 |
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 | $7,780,500 |
Over the last fiscal year, we have identified 1 grants that Five Valleys Land Trust Inc has recieved totaling $10,100.
Awarding Organization | Amount |
---|---|
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $10,100 |
Beg. Balance | $694,937 |
Earnings | $88,771 |
Ending Balance | $783,708 |
Organization Name | Assets | Revenue |
---|---|---|
Montana Land Reliance Helena, MT | $13,853,510 | $21,937,428 |
American Prairie Foundation Bozeman, MT | $143,723,396 | $42,861,456 |
Jackson Hole Land Trust Jackson, WY | $34,929,001 | $7,522,371 |
Teton Regional Land Trust Driggs, ID | $10,505,047 | $4,545,192 |
Gallatin Valley Land Trust Bozeman, MT | $9,700,526 | $4,279,011 |
Montana Wilderness Association Inc Helena, MT | $4,352,815 | $2,953,984 |
Prickly Pear Land Trust Helena, MT | $7,481,492 | $3,386,692 |
Headwaters Economics Inc Bozeman, MT | $2,869,856 | $3,423,228 |
Wood River Land Trust Company Hailey, ID | $29,176,745 | $10,841,480 |
Advocates For The West Inc Boise, ID | $2,362,176 | $2,131,294 |
Five Valleys Land Trust Inc Missoula, MT | $7,780,500 | $2,267,001 |
Flathead Land Trust Inc Kalispell, MT | $1,069,180 | $1,601,887 |