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Nonprofiteer
← FLATHEAD LAND TRUST INC

Form 990 for tax year 2024

Filed by FLATHEAD LAND TRUST INC.

Totals

Total revenue
$9,415,179
Total expenses
$9,840,662
Contributions and grants received
$9,355,904
Grants paid
$0
Program service revenue
$15,065
Investment income
$47,825
Other revenue
-$3,615
Total assets, end of year
$1,780,610
Total liabilities, end of year
$15,627
Net assets or fund balances, end of year
$1,764,983
Program services expenses (Part IX)
$9,687,166
Management and general expenses
$114,061
Fundraising expenses
$39,435
Program service expenses (Part III)
$9,687,166

Program services were 98.4% 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.

  • 1e · Government grants (contributions)

    $210,028

  • 1f · All other contributions, gifts and grants

    $9,145,876

  • 1g · Noncash contributions included above

    $8,256,452

  • 2a · Program service revenue: PROGRAM SERVICE FEES

    total $15,065 · related or exempt $15,065

  • 3 · Investment income

    total $43,194 · excluded $43,194

  • 7a · Gross sales of assets other than inventory

    securities $106,710

  • 7b · Less cost or other basis and sales expenses

    securities $102,079

  • 7c · Gain or loss

    securities $4,631

  • 7d · Net gain or loss

    total $4,631 · excluded $4,631

  • 8a · Fundraising events: gross income

    $500

  • 8b · Fundraising events: direct expenses

    $4,115

  • 8c · Net income from fundraising events

    total -$3,615 · excluded -$3,615

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $73,804 · program services $47,235 · management and general $18,451 · fundraising $8,118

  • 7 · Other salaries and wages

    total $153,710 · program services $98,374 · management and general $38,428 · fundraising $16,908

  • 9 · Other employee benefits

    total $4,560 · program services $2,918 · management and general $1,140 · fundraising $502

  • 10 · Payroll taxes

    total $24,447 · program services $15,646 · management and general $6,112 · fundraising $2,689

  • 11b · Fees: legal

    total $21,134 · program services $21,134

  • 11c · Fees: accounting

    total $19,817 · management and general $19,817

  • 11g · Fees: other

    total $95,833 · program services $95,833

  • 13 · Office expenses

    total $12,972 · program services $7,385 · management and general $3,140 · fundraising $2,447

  • 16 · Occupancy

    total $26,186 · program services $16,759 · management and general $6,547 · fundraising $2,880

  • 17 · Travel

    total $6,306 · program services $5,675 · fundraising $631

  • 22 · Depreciation, depletion and amortization

    total $17,453 · program services $11,170 · management and general $4,363 · fundraising $1,920

  • 23 · Insurance

    total $8,386 · program services $5,870 · management and general $2,516

  • 24a · Other expenses: IN-KIND EXPENSE

    total $6,251,498 · program services $6,251,048 · fundraising $450

  • 24b · Other expenses: EASEMENT PROJECT EXPENS

    total $3,098,000 · program services $3,098,000

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $14,455 · program services $10,119 · management and general $1,446 · fundraising $2,890

  • 24d · Other expenses: INVESTMENT FEES

    total $9,462 · management and general $9,462

  • 24e · All other expenses

    total $2,639 · management and general $2,639

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $97,290 · end of year $127,025

  • 2 · Savings and temporary cash investments

    beginning of year $819,939 · end of year $38,780

  • 9 · Prepaid expenses and deferred charges

    end of year $1,013

  • 10a · Land, buildings and equipment: cost or other basis

    $502,859

  • 10b · Land, buildings and equipment: accumulated depreciation

    $32,285

  • 10c · Land, buildings and equipment, net

    beginning of year $473,622 · end of year $470,574

  • 11 · Investments: publicly traded securities

    beginning of year $810,246 · end of year $1,141,893

  • 15 · Other assets

    beginning of year $1,325 · end of year $1,325

  • 17 · Accounts payable and accrued expenses

    beginning of year $31,617 · end of year $15,627

  • 27 · Net assets without donor restrictions

    beginning of year $735,904 · end of year $834,143

  • 28 · Net assets with donor restrictions

    beginning of year $1,434,901 · end of year $930,840

Mission and programs · 2024

Mission

FLATHEAD LAND TRUST IS DEDICATED TO THE CONSERVATION OF NORTHWEST MONTANA'S LAND AND WATER LEGACY THROUGH VOLUNTARY AGREEMENTS WITH PRIVATE LAND OWNERS. FLT'S PRIMARY PROGRAM SERVICE IS PRIVATE LAND CONSERVATION THROUGH VOLUNTARY AGREEMENTS WITH LANDOWNERS (CONSERVATION EASEMENTS); WITHIN THAT PROGRAM SERVICE FLT DEVELOPS, NEGOTIATES, AND ACCEPTS DONATED CONSERVATION EASEMENTS. IN ADDITION WITH BOTH PRIVATE AND FEDERAL FUNDS, FLT PURCHASES CONSERVATION EASEMENTS.

Activities or mission (Part I)

FLATHEAD LAND TRUST IS DEDICATED TO THE CONSERVATION OF NORTHWEST MONTANA'S LAND AND WATER THROUGH VOLUNTARY AGREEMENTS WITH PRIVATE LANDOWNERS.

  • CONSERVATION:A. IN JANUARY, WE PARTNERED WITH CHARLES AND RENATE JAQUETTE TO PLACE THEIR 497-ACRE FARM JUST EAST OF KALISPELL UNDER CONSERVATION EASEMENT. CONTAINING SOME OF THE RICHEST TOPSOIL IN THE VALLEY, THE EASEMENT ADDS TO A GROWING NETWORK OF CONSERVED FARMS IN THE HIGHLY PRODUCTIVE CRESTON AREA. ENCOMPASSING OVER A MILE OF EGAN SLOUGH, THE PROPERTY PROVIDES EXCELLENT BIRD HABITAT AND IS STRATEGICALLY LOCATED FOR BOTH BIRDS AND WILDLIFE AT A LANDSCAPE SCALE.B. IN FEBRUARY, WE COMPLETED A CONSERVATION EASEMENT WITH MONTANA DNRC TO PERMANENTLY PROTECT THE 405-ACRE OWEN SOWERWINE PROPERTY EAST OF KALISPELL. THIS BELOVED BLOCK OF SCHOOL TRUST LAND, WITH ITS INTACT FORESTED RIVER BOTTOM AND RIPARIAN HABITAT, HAS BEEN A COMMUNITY TREASURE ENJOYED BY THE PUBLIC FOR DECADES. C. IN APRIL, WE PARTNERED WITH LUCI YEATS TO PERMANENTLY PROTECT 76-ACRES OF HER FAMILY'S AGRICULTURAL LAND NEAR THE BAD ROCK CANYON WILDLIFE MANAGEMENT AREA EAST OF COLUMBIA FALLS. THE "HEART ROCK RIDGE" CONSERVATION EASEMENT SAFEGUARDS A VITAL WILDLIFE CORRIDOR AS WELL AS SCENIC OPEN SPACE AND A LONG LEGACY OF WORKING FARMLAND.D. ALSO IN APRIL, A 122-ACRE RANCH AND WILDLIFE HAVEN IN THE MISSION VALLEY, ONCE PLATTED FOR SUBDIVISION, WAS PROTECTED IN PERPETUITY WITH A CONSERVATION EASEMENT. JOHN WEAVER, DISTINGUISHED RETIRED CONSERVATION BIOLOGIST AND LAND STEWARD, PARTNERED WITH FLT BY ADDED THIS PARCEL ALONG MISSION CREEK JUST EAST OF THE NATIONAL BISON RANGE TO HIS CONSERVATION PORTFOLIO WHICH IS ADJACENT TO ANOTHER 159-ACRES OF PROTECTED LAND. E. IN AUGUST, A 51-ACRE PRIME PARCEL OF FORESTED LAND WAS PROTECTED ALONG SWAN LAKE. FLT PARTNERED WITH PAUL JOHNSON AND CANDICE GREENE TO PLACE THE ECOLOGICAL GEM UNDER A CONSERVATION EASEMENT, FOREVER PROTECTING HABITAT FOR BIRDS, WILDLIFE AND SCENIC VIEWS AS WELL AS THE EXCEPTIONAL WATER QUALITY OF SWAN LAKE. F. IN NOVEMBER, FLT PARTNERED WITH TWO LANDOWNERS TO PROTECT A TOTAL OF 66-ACRES OF IMPORTANT RIVERFRONT LAND NEAR WHITEFISH. SALLY ERICSSON AND TOM GARWIN PLACED THEIR 36 ACRES ALONG THE STILLWATER RIVER UNDER CONSERVATION EASEMENT, FOLLOWED BY MARK SCHMIDT, WHO CONSERVED HIS 30-ACRE PARCEL ALONG THE WHITEFISH RIVER. BOTH PROPERTIES PROTECT PRIME AGRICULTURAL LANDS AND RIPARIAN HABITATS, PROVIDING WILDLIFE HABITAT SECURITY AND CONNECTIVITY.

    Expenses $9,627,706

  • EDUCATION AND OUTREACH:OUR EDUCATION AND OUTREACH PROGRAMS WERE ESPECIALLY POPULAR AND REACHED MANY ACROSS THE FLATHEAD VALLEY. THE BIRD EDUCATION PROGRAM HELPED TO EDUCATE OVER 300 7TH AND 8TH GRADERS ABOUT BIRDS AND CONSERVATION FROM WEST VALLEY, BIGFORK, EVERGREEN AS WELL AS TWO EAGLE RIVER SCHOOL IN THE MISSION VALLEY.

    Expenses $37,322

  • STEWARDSHIP:MONITORED ALL 79 CONSERVATION EASEMENTS (ENCOMPASSING 15,162 ACRES) AND ONE RESTRICTED COVENANT.

    Expenses $22,138

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Margaret Notley

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Jim Rafferty

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Greg Gunderson

    FORMER PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Rick Mace

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Karl Rudbach

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jennifer Rogge

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Rebecca Hughes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Chris Albert

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Lisa Flowers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Bill Corwin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Paul Travis

    EXECUTIVE DIRECTOR

    Total calculated
    $73,804
    From this org
    $71,689
    From related orgs
    $0
    Other
    $2,115
    Hours/week
    40

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
6 November 2025
IRS schema version
2024v5.2
Source object
202543109349303754

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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