Gallatin Valley Land Trust is located in Bozeman, MT. The organization was established in 1994. 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 06/2022, Gallatin Valley Land Trust employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gallatin Valley 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 06/2022, Gallatin Valley Land Trust generated $4.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $3.1m during the year ending 06/2022. While expenses have increased by 16.0% per year over the past 7 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
GALLATIN VALLEY LAND TRUST CONNECTS PEOPLE, COMMUNITIES, AND OPEN LANDS THROUGH CONSERVATION OF WORKING FARMS AND RANCHES, HEALTHY RIVERS, WILDLIFE HABITAT, AND THE CREATION OF TRAILS IN THE MONTANA HEADWATERS OF THE MISSOURI AND UPPER YELLOWSTONE RIVERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND CONSERVATION GVLT FURTHERED ITS MISSION TO CONSERVE WORKING FARMS AND RANCHES, WILDLIFE HABITAT, AND RIVER CORRIDORS. WE IDENTIFY STRATEGIC AREAS WITH HIGH CONSERVATION VALUES TO CONSERVE BLOCKS OF OPEN LAND THAT PROTECT SPECIAL PARTS OF THE REGION. WE HOLD 122 CONSERVATION EASEMENTS COVERING 52,252 ACRES. OUR STAFF DEVELOP LONG-TERM RELATIONSHIPS WITH LANDOWNERS AND VISIT EACH CONSERVATION EASEMENT ANNUALLY TO MONITOR THEIR CONDITION AND PARTNER WITH LANDOWNERS ON RESTORATION PROJECTS TO IMPROVE ERODING STREAMBANKS, PLANT VEGETATION, AND ENHANCE FLOODPLAINS. IN FY22 WE CONSERVED 1,730 ACRES OF LAND IN THE GOOCH HILL, CHURCHILL, NORTH BRIDGER MOUNTAINS, AND BIG SKY AREAS. WE ALSO PURCHASED A .6 MILE EASEMENT ALONG THE BRIDGER MOUNTAINS RIDGELINE TO FOREVER PROTECT PUBLIC ACCESS ALONG THE NATIONALLY CELEBRATED BRIDGER RIDGE TRAIL.
COMMUNITY TRAILS GVLT CONNECTS PEOPLE, COMMUNITIES, AND THE LAND THROUGH COLLABORATIVE TRAIL PROJECTS. WE COMPLETED THE WELLNESS TRAIL IN THE HIGHLAND GLEN NATURE PRESERVE, CONNECTING TRAILS TO OUR COMMUNITY'S MENTAL HEALTH CENTER; BUILT A KEY SAFETY CONNECTION ON THE NORTH EAST SIDE OF BOZEMAN, CONNECTING DOWNTOWN TO WESTERN NEIGHBORHOODS; AND ACQUIRED 12 ACRES AT THE SOUTH END OF BURKE PARK (PEETS HILL). GVLT WORKED WITH THE CITY AND 700 DONORS TO QUICKLY RAISE THE FUNDS TO ADD THE LAND TO THE EXISTING PARK AND FOREVER PROVIDE PUBLIC RECREATION AND SCENIC VIEWS OF OUR VALLEY. STAFF AND 32 VOLUNTEER GROUPS MAINTAINED TRAILS AT DRINKING HORSE, TRIPLE TREE, PAINTED HILLS, HIGHLAND GLEN NATURE PRESERVE, SOURDOUGH TRAIL, KIRK HILL, AND BRIDGER RIDGE TRAIL. WE PARTNERED WITH OTHER RECREATION GROUPS ON AN OUTSIDE KIND CAMPAIGN TO SHARE MESSAGES ABOUT CONSIDERATE OUTDOOR BEHAVIOR.
EDUCATION GVLT HOSTED 667 VOLUNTEERS FOR 2,308 HOURS OF SERVICE AND EDUCATED THEM ALL ON GVLTS MISSION AND ACCOMPLISHMENTS. GVLT BROUGHT THE TRAILS TO LIFE WITH FAMILIES THROUGH A PARTNERSHIP WITH RANDOM ACTS OF SILLINESS ON THE FAIRY VILLAGE. THE SUMMER TRAILS CHALLENGE ENGAGED THOUSANDS OF COMMUNITY MEMBERS TO EXPLORE THE TRAILS AND LOG 90,383 MILES OF TRAIL USE IN FOUR WEEKS. GVLT SHARES MONTHLY NEWS WITH OVER 18,000 SUPPORTERS ON COMMUNITY TRAILS, PRIVATE LAND CONSERVATION, AND RELATED PUBLIC EVENTS. GVLT PUBLISHES AUDITED FINANCIAL STATEMENTS, IRS FORM 990, AND AN ANNUAL REPORT ON THE WEBSITE. THE 21 YOUNG PROFESSIONALS ON THE NEXTGEN ADVISORY BOARD EDUCATE AND INSPIRE THEIR PEERS TO VOLUNTEER AND SUPPORT GVLT. WE JOINED LOCAL LAND USE PLANNING EFFORTS TO HIGHLIGHT TRAIL SYSTEMS AND NATURAL RESOURCE PROTECTION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles Work Executive Director | 40 | $134,495 | |
Susan Dana Vice Chair | OfficerTrustee | 2 | $0 |
Jeff Ott Treasurer | OfficerTrustee | 2 | $0 |
Bill Cochran Chair | OfficerTrustee | 2 | $0 |
Cathy Costakis Secretary | OfficerTrustee | 2 | $0 |
Tim Anderson Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $188,456 |
Related organizations | $0 |
Government grants | $94,800 |
All other contributions, gifts, grants, and similar amounts not included above | $3,791,187 |
Noncash contributions included in lines 1a–1f | $7,334 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,074,443 |
Total Program Service Revenue | $140,016 |
Investment income | $93,762 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$29,210 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,279,011 |
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. | $170,092 |
Compensation of current officers, directors, key employees. | $56,987 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $866,262 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $75,820 |
Payroll taxes | $87,362 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,061 |
Fees for services: Accounting | $34,856 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $280,450 |
Advertising and promotion | $17,250 |
Office expenses | $0 |
Information technology | $41,866 |
Royalties | $0 |
Occupancy | $119,816 |
Travel | $13,448 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,984 |
Insurance | $21,277 |
All other expenses | $28,026 |
Total functional expenses | $3,068,607 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,812,064 |
Savings and temporary cash investments | $970,433 |
Pledges and grants receivable | $80,067 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $315,000 |
Inventories for sale or use | $12,954 |
Prepaid expenses and deferred charges | $27 |
Net Land, buildings, and equipment | $413,494 |
Investments—publicly traded securities | $6,083,194 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $13,293 |
Total assets | $9,700,526 |
Accounts payable and accrued expenses | $263,014 |
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 | $263,014 |
Net assets without donor restrictions | $4,392,170 |
Net assets with donor restrictions | $5,045,342 |
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 | $9,700,526 |
Over the last fiscal year, we have identified 23 grants that Gallatin Valley Land Trust has recieved totaling $270,544.
Awarding Organization | Amount |
---|---|
Bitterroot Fund Atlanta, GA PURPOSE: CHARITABLE SUPPORT | $40,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $30,300 |
Cross Charitable Foundation Inc Bozeman, MT PURPOSE: GENERAL FUND | $25,000 |
The Buchanan Family Foundation Lake Forest, IL PURPOSE: GENERAL, OPERATING, ENDOWMENT OR CAPITAL. | $25,000 |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $20,000 |
Hope Foundation Providence, RI PURPOSE: OPERATING EXPENSES | $18,620 |
Beg. Balance | $2,235,190 |
Earnings | -$312,119 |
Net Contributions | $100,000 |
Ending Balance | $2,023,071 |
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 |