Totals
- Total revenue
- $4,872,360
- Total expenses
- $3,123,049
- Contributions and grants received
- $4,307,156
- Grants paid
- $0
- Program service revenue
- $163,126
- Investment income
- $426,315
- Other revenue
- -$24,237
- Total assets, end of year
- $15,251,444
- Total liabilities, end of year
- $1,310,393
- Net assets or fund balances, end of year
- $13,941,051
- Program services expenses (Part IX)
- $2,450,189
- Management and general expenses
- $295,789
- Fundraising expenses
- $377,071
- Program service expenses (Part III)
- $2,450,189
Program services were 78.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$179,095
-
1e · Government grants (contributions)
$140,678
-
1f · All other contributions, gifts and grants
$3,987,383
-
1g · Noncash contributions included above
$40,740
-
2a · Program service revenue: PROGRAM FEES
total $163,126 · related or exempt $163,126
-
3 · Investment income
total $321,630 · related or exempt $321,630
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $662,154
-
7b · Less cost or other basis and sales expenses
securities $557,469
-
7c · Gain or loss
securities $104,685
-
7d · Net gain or loss
total $104,685 · related or exempt $104,685
-
8a · Fundraising events: contributions included on line 1c
$179,095
-
8b · Fundraising events: direct expenses
$24,237
-
8c · Net income from fundraising events
total -$24,237 · excluded -$24,237
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $225,870 · program services $137,645 · management and general $39,979 · fundraising $48,246
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,265,147 · program services $912,660 · management and general $152,049 · fundraising $200,438
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $160,446 · program services $104,797 · management and general $25,315 · fundraising $30,334
-
10 · Payroll taxes
total $125,962 · program services $89,848 · management and general $16,261 · fundraising $19,853
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $11,070 · program services $11,070
-
11c · Fees: accounting
total $22,978 · program services $524 · management and general $16,658 · fundraising $5,796
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $378,334 · program services $369,853 · management and general $2,763 · fundraising $5,718
-
12 · Advertising and promotion
total $53,310 · program services $48,581 · management and general $1,725 · fundraising $3,004
-
13 · Office expenses
total $6,412 · program services $4,880 · management and general $550 · fundraising $982
-
14 · Information technology
total $73,108 · program services $50,999 · management and general $9,602 · fundraising $12,507
-
15 · Royalties
total $0
-
16 · Occupancy
total $156,670 · program services $110,341 · management and general $18,821 · fundraising $27,508
-
17 · Travel
total $29,404 · program services $24,688 · management and general $1,452 · fundraising $3,264
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $18,812 · program services $13,248 · management and general $2,203 · fundraising $3,361
-
23 · Insurance
total $26,534 · program services $21,094 · management and general $2,153 · fundraising $3,287
-
24a · Other expenses: EASEMENT EXPENSE
total $505,628 · program services $505,628
-
24b · Other expenses: CONSTITUENT SUPPORT
total $30,660 · program services $20,822 · management and general $3,002 · fundraising $6,836
-
24c · Other expenses: Postage and Shipping
total $30,204 · program services $23,511 · management and general $756 · fundraising $5,937
-
24d · Other expenses: BAD DEBT
total $2,500 · management and general $2,500
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,472,110 · end of year $5,131,943
-
2 · Savings and temporary cash investments
beginning of year $950,764 · end of year $467,835
-
3 · Pledges and grants receivable
beginning of year $153,155 · end of year $126,543
-
4 · Accounts receivable
beginning of year $60 · end of year $200
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $229,654 · end of year $0
-
8 · Inventories for sale or use
beginning of year $11,978 · end of year $20,143
-
9 · Prepaid expenses and deferred charges
beginning of year $1,700 · end of year $9,536
-
10a · Land, buildings and equipment: cost or other basis
$1,423,238
-
10b · Land, buildings and equipment: accumulated depreciation
$94,416
-
10c · Land, buildings and equipment, net
beginning of year $497,634 · end of year $1,328,822
-
11 · Investments: publicly traded securities
beginning of year $6,431,782 · end of year $7,720,651
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $623,522 · end of year $445,771
-
17 · Accounts payable and accrued expenses
beginning of year $98,011 · end of year $53,578
-
25 · Other liabilities
beginning of year $652,016 · end of year $1,256,815
-
27 · Net assets without donor restrictions
beginning of year $6,020,828 · end of year $6,232,951
-
28 · Net assets with donor restrictions
beginning of year $5,601,504 · end of year $7,708,100
Mission and programs · 2023
Mission
GVLT 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.
-
Land Conservation - GVLT furthered its mission to conserve working farms and ranches, wildlife habitat, and river corridors in Southwestern Montana. We identify strategic areas with high conservation values and conserve blocks of open land that protect special parts of our landscape. We hold 130 conservation easements covering 69,105 acres. Our staff visit each conservation easement annually to monitor their condition and partner with landowners on restoration projects to improve eroding stream banks, plant vegetation,and enhance floodplains. In FY24 we conserved 5,938 acres of land in priority conservation focus areas including Paradise Valley, East Gallatin, and Amsterdam/Churchill.
Expenses $1,460,289 · Revenue $135,687
-
Community Trails GVLT connects people, communities, and the land through public trails & collaborative trail projects. We completed the Burke Park Rangefinder & Medicine Wheel; trail enhancements to Triple Tree, Drinking Horse, Kirk Hill, and Painted Hills trails; & completed a new safe mid-block trail crossing on Durston Rd. Staff and 522 volunteers spent over 1,600 hours maintaining trails at Burke Park, Drinking Horse, Triple Tree, Painted Hills, Highland Glen Nature Preserve, & Kirk Hill. We also partnered with other local recreation groups on an Outside Kind campaign to share messages about considerate trail and outdoor etiquette.
Expenses $753,647
-
Education GVLT shares news with over 9,500 monthly e-newsletter subscribers and more than 16,000 social media followers on community trails, private land conservation, and related public events. GVLT publishes our audited financial statements, IRS Form 990s, and annual reports on our website. The 21 rising leaders on the NextGen Advisory Board educate and inspire their peers to volunteer and support GVLT. Our Trails team hosted 522 volunteers for over 1,600 hours of service and educated them all on GVLTs mission and accomplishments. Through a partnership with Random Acts of Silliness, we brought the trails to life with the ever-enchanting Fairy Village, introducing many first-time users to the trail system. The Summer Trails Challenge engaged thousands of community members to explore the trails and log 99,607 miles of trail use in four weeks.
Expenses $236,253 · Revenue $27,439
As filed on the 2023 return.
Listed in Part VII
-
Charles WorkCHARLES WORK
Executive Dir.
- Total calculated
- $194,367
- From this org
- $156,618
- From related orgs
- $0
- Other
- $37,749
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $156,618
- Bonus
- not reported
- Other
- not reported
- Deferred
- $4,699
- Nontaxable benefits
- $33,050
- Filer's total
- $194,367
-
Ej PorthEJ PORTH
ASSOCIATE DIRECTOR
- Total calculated
- $128,881
- From this org
- $108,507
- From related orgs
- $0
- Other
- $20,374
- Hours/week
- 40
-
Brendan WeinerBRENDAN WEINER
CONSERVATION DIR.
- Total calculated
- $123,367
- From this org
- $111,819
- From related orgs
- $0
- Other
- $11,548
- Hours/week
- 40
-
Jeff OttJEFF OTT
Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Jecyn BremerJECYN BREMER
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tim AndersonTIM ANDERSON
Director
- Total calculated
- $0
- Hours/week
- 1
-
Allen MayALLEN MAY
Director
- Total calculated
- $0
- Hours/week
- 1
-
Bill CochranBILL COCHRAN
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mary SteinMARY STEIN
Director
- Total calculated
- $0
- Hours/week
- 1
-
Laura BirkesLAURA BIRKES
Director
- Total calculated
- $0
- Hours/week
- 1
-
Anna WearnANNA WEARN
Director
- Total calculated
- $0
- Hours/week
- 1
-
Keith ReedKEITH REED
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rich HohneRICH HOHNE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Carlye CookCARLYE COOK
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mimi HelvieMIMI HELVIE
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jeff DineenJEFF DINEEN
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Cathy CostakisCATHY COSTAKIS
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Sarah SkoglundSARAH SKOGLUND
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 29 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433039349301823
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