Flathead Land Trust Inc
- Assets
- $1.4m
- Revenue
- $6.8m
- Investments
- $0.0
- Employees
- 4
- Location
- Kalispell, MT
- Founding
- 12/1987
- Data as of
- 12/2022
- EIN
- 36-3479966
Organization Overview
Flathead Land Trust Inc is located in Kalispell, MT. The organization was established in 1987. 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 12/2022, Flathead Land Trust Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flathead 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 12/2022, Flathead Land Trust Inc generated $6.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 35.6% each year . All expenses for the organization totaled $6.4m during the year ending 12/2022. While expenses have increased by 33.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FLATHEAD LAND TRUST IS DEDICATED TO THE CONSERVATION OF NORTHWEST MONTANA'S LAND AND WATER THROUGH VOLUNTARY AGREEMENTS WITH PRIVATE LANDOWNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSERVATION:WE PLACED 315 ACRES UNDER A PURCHASED CONSERVATION EASEMENT IN THE MISSION VALLEY SOUTH OF POLSON, WITH PRIME FARMLAND SOILS AND IMPORTANT TO WINTERING BIRDS OF PREY. WE ALSO PURCHASED TWO CONSERVATION EASEMENTS TO PROTECT THE KOHR'S FAMILY'S 655 ACRES OF HIGH QUALITY FARMLAND AND HABITAT IMPORTANT FOR GRIZZLY BEARS, ELK AND A PLETHORA OF OTHER WILDLIFE ALONG THE STILLWATER RIVER NEAR WHITEFISH. ALSO, IN COORDINATION WITH OUR PARTNERSHIP ON THE HARRELL FOREST PROJECT, WE ACCEPTED A DONATION OF LAND FROM TRUST FOR PUBLIC LAND OF A 238-ACRE PROPERTY NEAR BIGFORK THAT WE ARE DEVELOPING WITH PUBLIC TRAILS.
EDUCATION AND OUTREACH:1. PUBLIC TOURS OF THE OWEN SOWERWINE PROPERTY (MAY - JULY) -WE ORGANIZED AND CONDUCTED 16 TOURS OF THE PROPERTY WITH OVER 160 TOTAL PEOPLE ATTENDING.TOURS WERE ORGANIZED WITH PARTNERS FLATHEAD AUDUBON AND FLATHEAD LAKERS. 2. WE CONDUCTED MULTIPLE BIRD EDUCATION PROGRAM TOURS WITH 7TH AND 8TH GRADERS FROM WEST VALLEY MIDDLE SCHOOL AND EVERGREEN JR. HIGH TO VARIOUS BIRDING SPOTS IN THE FLATHEAD VALLEY INCLUDING WEST VALLEY WETLANDS, OWEN SOWERWINE AND CHURCH SLOUGH. 3. GRAND OPENING OF HARRELL FOREST CELEBRATION AND TOURS OF THE TRAILS - WE CELEBRATED WITH THE PUBLIC THE OPENING OF THE HARRELL FOREST COMMUNITY TRAILS AND OFFERED TOURS TO THE PUBLIC ON SEPTEMBER 22.
STEWARDSHIP:MONITORED ALL 72 CONSERVATION EASEMENTS (ENCOMPASSING 13,879 ACRES) AND ONE RESTRICTED COVENANT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Gunderson President | OfficerTrustee | 1 | $0 |
Bill Corwin Past President | OfficerTrustee | 1 | $0 |
Jim Raferty Treasurer | OfficerTrustee | 1 | $0 |
Margaret Notley Secretary/ President-Elect | OfficerTrustee | 1 | $0 |
Rick Mace Director | Trustee | 0.5 | $0 |
Karl Rudbach Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $621,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,154,931 |
| Noncash contributions included in lines 1a–1f | $5,399,890 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,776,131 |
| Total Program Service Revenue | $999 |
| Investment income | $10,260 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,873 |
| Net Income from Fundraising Events | $25,045 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,809,562 |
| 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. | $68,984 |
| Compensation of current officers, directors, key employees. | $12,417 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $114,477 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,307 |
| Payroll taxes | $15,034 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,162 |
| Fees for services: Accounting | $17,465 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,844 |
| Advertising and promotion | $0 |
| Office expenses | $15,430 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,584 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $6,233 |
| Conferences, conventions, and meetings | $1,190 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $464 |
| Insurance | $6,290 |
| All other expenses | $5,466 |
| Total functional expenses | $6,351,416 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $222,999 |
| Savings and temporary cash investments | $311,970 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $9,115 |
| Net Land, buildings, and equipment | $199,636 |
| Investments—publicly traded securities | $683,956 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,325 |
| Total assets | $1,429,001 |
| Accounts payable and accrued expenses | $20,734 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $20,734 |
| Net assets without donor restrictions | $473,455 |
| Net assets with donor restrictions | $934,812 |
| 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 | $1,429,001 |