Lower Valley Trails Group
- Assets
- $359.6k
- Revenue
- $339.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Glenwood Springs, CO
- Founding
- 06/2003
- Data as of
- 12/2022
- EIN
- 84-1612182
Organization Overview
Lower Valley Trails Group, operating under the name LoVa Trails, is located in Glenwood Springs, CO. The organization was established in 2003. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LoVa Trails is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
COLLABORATING WITH OUR PARTNER COMMUNITIES AND ADJACENT LAND OWNERS, LOVA WILL ADVANCE THE CREATION OF A NON-MOTORIZED TRAIL FOR RECREATION AND TRANSPORTATION TO CONNECT COMMUNITIES TO THE 47-MILE TRAIL BETWEEN GLENWOOD SPRINGS AND GARFIELD COUNTY'S WESTERN BORDER ALONG INTERSTATE 70.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORK ON DESIGN OF THE CANYON CREEK LOVA TRAIL SECTION TO INSTALL A PEDESTRIAN BRIDGE OVER THE COLORADO RIVER CONNECTING TO A TRAIL THROUGH THE CPW FACILITY ON THE NORTH SIDE AND A TRAIL ON AN EASEMENT THROUGH THE NUTRIENT FARMS PROPERTY ON THE SOUTH SIDE. WORKED WITH THE TOWN OF NEW CASTLE ON EXECUTION OF THIS $750,000 PROJECT FUNDED BY A $500,000 GRANT FROM COLORADO PARKS & WILDLIFE. ORGANIZED AND ATTENDED MULTIPLE STAKEHOLDER MEETINGS. MEDIATED SITE VISITS AND DESIGN CONFERENCES WITH PROJECT LAND-OWNERS CPW, COLORADO DEPARTMENT OF TRANSPORTATION & NUTRIENT FARMS. SUPERVISED REDESIGN PROJECTS WITH CONSULTING ENGINEER SCHMUESER GORDON MEYER (SGM). PROVIDED REGULAR PROJECT PROGRESS REPORTS TO PARTNER ORGANIZATIONS (TOWN OF NEW CASTLE, CITY OF GLENWOOD SPRINGS, ROARING FORK TRANSPORTATION AUTHORITY AND GARFIELD COUNTY. OUTCOME- THE PROJECT FAILED DUE TO PANDEMIC-CAUSED DELAYS AND PRICE ESCALATION. THE GRANT WAS RETURNED TO CPW AND THE PROJECT IS ON HOLD.
MEET ME IN THE MIDDLE PROJECT - WILL BUILD 700 LINEAR FEET OF TRAIL WEST FROM THE EXISTING LOVA TRAIL WEST TOWARD SOUTH CANYON, ENTIRELY ON CDOT RIGHT OF WAY. WORKED WITH THE CITY OF GLENWOOD SPRINGS ON THE $1.42 MILLION PROJECT, FUNDED IN PART BY A $700,000 GRANT FROM THE GARFIELD COUNTY FEDERAL MINERAL LEASE DISTRICT (GCFMLD). ORGANIZED AND ATTENDED MULTIPLE STAKEHOLDER MEETINGS AND PROVIDED REGULAR PROJECT PROGRESS REPORTS TO PARTNER ORGANIZATIONS (TOWN OF NEW CASTLE, CITY OF GLENWOOD SPRINGS, ROARING FORK TRANSPORTATION AUTHORITY AND GARFIELD COUNTY). OUTCOME- THE PROJECT IS UNDER CONSTRUCTION AND SLATED FOR COMPLETION IN SUMMER 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne Golay Executive Director | Officer | 10 | $22,000 |
Troy Tristchler Board Chairman | OfficerTrustee | 1.5 | $0 |
Lindsey Williams Vice Board Chair | OfficerTrustee | 0.5 | $0 |
Ellie Caryl Secretary | OfficerTrustee | 1 | $0 |
Helen Rogers Board Member | Trustee | 0.5 | $0 |
Angela Dunn Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $39,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $300,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $339,000 |
| Total Program Service Revenue | $0 |
| Investment income | $19 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $339,019 |
| 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. | $22,000 |
| Compensation of current officers, directors, key employees. | $1,760 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20 |
| Fees for services: Accounting | $0 |
| 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 | $718 |
| Information technology | $500 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $173 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $828 |
| All other expenses | $0 |
| Total functional expenses | $24,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,673 |
| Savings and temporary cash investments | $41,916 |
| Pledges and grants receivable | $300,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $359,589 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $59,589 |
| Net assets with donor restrictions | $300,000 |
| 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 | $359,589 |