2025-07-28T09:32:35-07:00 2024-12-31 461211349 Linked Accounting LLP 612 N Kays Dr Ste 150 Kaysville UT 84037 990 2024-01-01 237182055 FIVE VALLEYS LAND TRUST FIVE 4065490755 120 HICKORY ST B MISSOULA MT 59801 WHITNEY SCHWAB Executive Dir. 2025-07-28 true true BRIAN E VAN CAMP CPA MTAX P00650012 3852622310 2024 2025-03-06 01:10:19Z WHITNEY SCHWAB 120 HICKORY ST B MISSOULA MT 59801 3821890 false X WWW.FVLT.ORG X 1972 MT TO PROTECT FOR FUTURE GENERATIONS WESTERN MONTANA'S NATURAL LEGACY, OUR RIVER CORRIDORS, WILDLIFE HABITAT, AGRICULTURAL LANDS, AND COMMUNITY OPEN SPACES. THE FIVE VALLEYS WE SERVE ARE THE BITTERROOT, THE BLACKFOOT, THE UPPER CLARK FORK, THE LOWER CLARK FORK, AND THE MISSION-JOCKO. WE BELIEVE THAT THE CHARACTER OF THESE VALLEYS, AND THE THRIVING COMMUNITIES IN THEM, IS ROOTED IN THE CLEAN RIVERS, OPEN LANDS, AND ABUNDANT WILDLIFE THAT SURROUND THEM. WE WORK WITH COMMUNITIES, PRIVATE LANDOWNERS, GOVERNMENTS, AND OTHER PARTNERS TO PROTECT THESE NATURAL TREASURES FOR THE BENEFIT OF THIS AND FUTURE GENERATIONS. 16 16 18 300 0 5461193 2359059 0 161306 1148074 -26540 -75749 5595959 3431384 0 0 979145 1130484 0 160220 571148 1845775 1550293 2976259 4045666 455125 14196698 15112573 1003262 1049393 13193436 14063180 TO PROTECT FOR FUTURE GENERATIONS WESTERN MONTANA'S NATURAL LEGACY - OUR RIVER CORRIDORS, WILDLIFE HABITAT, AGRICULTURAL LANDS, AND COMMUNITY OPEN SPACES. false false 2607238 THE ORGANIZATION PROTECTS RIVER CORRIDORS, WILDLIFE HABITAT, AGRICULTURAL LANDS, AND COMMUNITY OPEN SPACES USING FEE ACQUISITIONS, VOLUNTARY CONSERVATION EASEMENTS, AND OTHER REAL PROPERTY INTERESTS. THE ORGANIZATION WORKS WITH PRIVATE LANDOWNERS TO PROTECT OPEN SPACE ON PRIVATE LANDS AND PARTNERS WITH GOVERNMENT ENTITIES TO PROTECT OR CREATE PUBLIC OPEN SPACE. CONSERVATION EASEMENT GRANTORS ENTER INTO AGREEMENTS WITH THE ORGANIZATION VOLUNTARILY AND KNOWING THEIR LAND HOLDS SPECIAL VALUE TO THEM AND TO THE PUBLIC. CONSERVATION EASEMENTS HELD BY THE ORGANIZATION HOLD NO FINANCIAL VALUE AND ARE A NON-POSSESSORY INTEREST IN REAL PROPERTY, SO THE LANDOWNER RETAINS OWNERSHIP OF THE LAND. THE COSTS TO ACQUIRE PURCHASED OR DONATED EASEMENTS IS EXPENSED AS INCURRED. THE ORGANIZATION RECOGNIZES IN-KIND CONTRIBUTIONS THAT REPRESENT THE DIMINUTION IN VALUE OF THE PROPERTY AT THE TIME OF THE GRANT OF THE CONSERVATION EASEMENT RESULTING FROM THE RESTRICTIONS THAT THE EASEMENT IMPOSES ON THE USE OF THE LAND. THE ORGANIZATION ONLY RECOGNIZES IN-KIND CONTRIBUTIONS IN THIS WAY IF THERE IS AN APPRAISAL TO INFORM THE VALUE. THE VALUE OF IN-KIND CONSERVATION EASEMENT CONTRIBUTIONS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, WAS $0.DURING THE YEAR ENDED DECEMBER 31, 2024, THE ORGANIZATION COMPLETED ONE CONSERVATION EASEMENT PROJECT. DURING THE YEAR ENDED DECEMBER 31, 2023, THE ORGANIZATION COMPLETED ONE EASEMENT PROJECT. AS OF DECEMBER 31, 2024, THE ORGANIZATION HELD A TOTAL OF 198 CONSERVATION EASEMENTS PROTECTING A COMBINED 83,397 ACRES OF LAND. AT DECEMBER 31, 2023, THE ORGANIZATION HELD A TOTAL OF 197 CONSERVATION EASEMENTS PROTECTING A COMBINED 83,219 ACRES OF LAND. ADDITIONALLY IN THE YEAR ENDING DECEMBER 31, 2024, THE ORGANIZATION ACCEPTED A GIFT OF REAL PROPERTY IN FEE NEAR LINCOLN, MT. THE GIFT WAS ACCEPTED WITH THE INTENTION TO PROTECT THE PROPERTY WITH A CONSERVATION EASEMENT BEFORE DISPOSITION.SINCE ITS INCEPTION, THE ORGANIZATION HAS IDENTIFIED OPPORTUNITIES TO CONVERT PRIVATELY HELD LANDS INTO PUBLIC LANDS OVER SEVERAL AREAS IN WESTERN MONTANA. EXAMPLES OF THESE PROJECTS INCLUDE THE ALBERTON GORGE, HIAWATHA ROUTE, MOUNT JUMBO, MOUNT SENTINEL, MOUNT DEAN STONE, AND THE RATTLESNAKE GREENWAY. DURING THE YEAR ENDED DECEMBER 31, 2024, THE ORGANIZATION SOLD AND TRANSFERRED APPROXIMATELY 160 ACRES ON MARSHALL MOUNTAIN TO MISSOULA COUNTY.LAND STEWARDSHIPTHE ORGANIZATION'S STEWARDSHIP STAFF WORKS WITH PUBLIC AND PRIVATEPARTNERS TO IMPROVE PROTECTED LANDS FOR THEIR CONSERVATION PURPOSE. THE ORGANIZATION ENLISTS A BROAD GROUP OF PARTNERS TO COMPLETE THIS WORK INCLUDING STUDENTS, VOLUNTEERS, AND CONTRACTORS.THE ORGANIZATION CONTINUED WEED TREATMENT, HABITAT RESTORATION, FUELSREDUCTION, ACCESS DEVELOPMENT AND OTHER SIMILAR ACTIVITIES ON THE MOUNT DEAN STONE, ROCK CREEK CONFLUENCE, AND OTHER PROPERTIES THROUGHOUT ITS SERVICE AREA. PERPETUAL CONSERVATION EASEMENTS THAT THE ORGANIZATION HOLDS COMMIT THE ORGANIZATION TO A LONG-TERM RESPONSIBILITY OF STEWARDING THE PROTECTED CONSERVATION VALUES OF THE CONSERVED PROPERTIES FOR PUBLIC BENEFIT AND SUPPORTING LANDOWNERS IN THEIR EFFORTS TO MANAGE THEIR LAND WITH CONSERVATION IN MIND. STEWARDSHIP WORK INVOLVES MONITORING CONSERVATION EASEMENT PROPERTIES, ENSURING CONSERVATION EASEMENT TERMS ARE UPHELD, AND VISITING WITH LANDOWNERS ANNUALLY TO LISTEN TO THEIR CONCERNS AND WORKING TO HELP THEM MEET THEIR MANAGEMENT GOALS IN A MANNER CONSISTENT WITH THE TEMRS OF THE CONSERVATION EASEMENT. TO FUND THESE CURRENT AND FUTURE CONSERVATION EASEMENT MONITORING AND ENFORCEMENT RESPONSIBILITIES, THE ORGANIZATION HAS ESTABLISHED A STEWARDSHIP AND LEGAL DEFENSE FUND WITH A BALANCE OF $1,487,238 AND $1,346,343 AT DECEMBER 31, 2024 AND 2023, RESPECTIVELY, THAT IS PRESENTED WITHIN INVESTMENTS ON THE STATEMENTS OF FINANCIAL POSITION. THE ORGANIZATION PRIDES ITSELF IN WORKING COLLABORATIVELY WITH LANDOWNERS AND OTHER PARTNERS TO BRING RESOURCES AND SOUND SOLUTIONS TO COMPLEX LAND MANAGEMENT ISSUES. IN 2024 AND 2023, THE ORGANIZATION MONITORED EACH OF ITS CONSERVATION EASEMENTS. 2607238 true true false true false false true false false true true false false false true false true false false false false false false false true false false false false false false false false false false false false false true true false false false false false false false true 21 0 true 18 true false false false false false true true false 0 false false false false false false false X 16 16 false false false false false false false true true false false true true true true true true true true false OR X X JCCS 4065490755 321 W BROADWAY 4TH FLOOR MISSOULA MT 59802 WHITNEY SCHWAB Executive Dir. 40.00 0.00 X 117726 0 15045 DENNY IVERSON President 5.00 0.00 X X 0 0 0 ALLAN FRANKL Vice President 5.00 0.00 X X 0 0 0 JULIE FOGARTY Secretary 5.00 0.00 X X 0 0 0 RACHEL MCDONOUGH Treasurer 5.00 0.00 X X 0 0 0 JENNIFER BOYER DIRECTOR 2.00 0.00 X 0 0 0 MIKE FOOTE Director 2.00 0.00 X 0 0 0 TYLER COURVILLE Director 2.00 0.00 X 0 0 0 ADDRIEN MARX Director 2.00 0.00 X 0 0 0 DAN PLETSCHER Director 2.00 0.00 X 0 0 0 SHAUN RADLEY Director 2.00 0.00 X 0 0 0 JOHN RIMEL Director 2.00 0.00 X 0 0 0 JEFF ROTH Director 2.00 0.00 X 0 0 0 STANLEY SENNER Director 2.00 0.00 X 0 0 0 JESSICA WELBORN Director 2.00 0.00 X 0 0 0 RICK WISHCAMPER Director 2.00 0.00 X 0 0 0 ELIZABETH FRICKE Director 2.00 0.00 X 0 0 0 117726 15045 1 false false false 0 417822 118746 1822491 1267309 2359059 0 207096 207096 0 0 39215 39215 39215 39215 1190000 249022 940978 940978 940978 26520 417822 141484 -114964 0 0 0 3431384 1187289 0 0 0 0 115820 87721 10413 17686 0 814933 639512 75911 99510 40578 30734 3648 6196 86566 65564 7783 13219 72587 54977 6526 11084 0 0 81870 50759 31111 28151 17454 10697 0 31867 31867 87899 54498 33401 4930 4794 62 74 17541 15684 1857 0 0 95158 86072 9086 15106 11329 1058 2719 0 52731 51109 1622 0 0 28194 21428 2537 4229 47347 38377 3467 5503 PROJECT ACQUISITION 1194035 1194035 SUPPLIES 57677 55955 1722 Equipment Repairs 43764 39982 3782 DUES & SUBSCRIPTIONS 25949 23812 2137 33556 31575 1981 2976259 2607238 208801 160220 234458 178592 2221619 954005 792624 488763 32250 3910 0 0 0 6044 3471 11188 4699 7388597 271106 6167042 7117491 4212789 5893583 0 0 0 518684 468059 14196698 15112573 50295 88044 431600 501600 521367 459749 1003262 1049393 X 11975013 13027658 1218423 1035522 13193436 14063180 14196698 15112573 455125 446228 -31609 X X false true X true false X 1387449 2407194 5849229 5466846 2249664 17360382 0 0 0 0 1387449 2407194 5849229 5466846 2249664 17360382 272544 337748 456799 431697 142970 1641758 0 272544 337748 456799 431697 142970 1641758 15718624 105374 92942 88586 138625 246311 671838 0 105374 92942 88586 138625 246311 671838 0 4138 5600 8973 38256 56967 1496961 2505736 5946788 5643727 2495975 18089187 0.86900 0.87220 0.03710 0.02860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 3037707 3037707 301885 75471 false 204640 353865 209283 301885 1069673 1604510 51160 88466 52321 75471 267418 401127 X X X 198 83 1 true 23 103086 false 745320 75945 821265 681989 63331 745320 783708 -101719 681989 694937 88771 783708 646072 48865 694937 0.32000 0.25000 0.43000 true false false 6712218 6712218 476225 97393 378832 200154 173713 26441 7117491 LEASE LIABILITY - LONG TERM 399028 LEASE LIABILITY - SHORT TERM 59031 Security Deposits 1690 459749 3987229 446228 141484 587712 3399517 31867 31867 3431384 3085876 141484 141484 2944392 31867 31867 2976259 Part II, Line 9: Organization Reporting of conservation easements. LAND PROTECTION EASEMENTS HELD BY THE ORGANIZATION HOLD NO FINANCIAL VALUE, AND THE LANDOWNER RETAINS FULL OWNERSHIP OF THE LAND SUBJECT TO THE TERMS OF THE CONSERVATION EASEMENTS. THE COST TO ACQUIRE PURCHASED OR DONATED EASEMENTS IS EXPENSED AS ACQUISTION EXPENSES WHEN INCURRED. Part V, Line 4: Intended uses of the endowment fund. FIVE VALLEYS LAND TRUST CREATED THE FIVE VALLEYS LAND TRUST ENDOWMENT WITH THE MONTANA COMMUNITY FOUNDATION TO ASSIST THOSE BENEFACTORS WHO WANT TO GIVE RESTRICTED GIFTS TO THE ORGANIZATION. FVLT ALSO ESTABLISHED AN ENDOWMENT TRUST ON DECEMBER 19, 2002 FOR THE PURPOSE OF SETTING ASIDE FUNDS FOR PERPETUITY FOR THE BENEFIT OF THE ORGANIZATION. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Direct Fundraiser Expenses $141484 Part XII, Line 2d: Other expenses and losses per audited F/S Direct Fundraiser Expenses $141484 false BANQUET 317809 291289 26520 3720 46402 29914 BIG SKY CONCERT SERIES 126533 126533 1607 59841 444342 417822 26520 3720 48009 89755 141484 -114964 X 8 150237 FMV X 1 950000 FMV X FOOD 1 5000 FMV X AUCTION ITEMS 1 15000 FMV X AUCTION ITEMS 1 6000 FMV X AUCTION ITEMS 1 39500 FMV X AUCTION ITEMS 1 7626 FMV X SOFTWARE 1 29922 FMV X VIEWING PLATFORM 1 12400 FMV X AUCTION ITEMS 73 41269 FMV X FOOD 1 4600 FMV X SUPPLIES 9 5755 FMV false false false Form 990, Part VI, Section B, Line 11b THE BOARD IS PROVIDED WITH A COPY OF THE FORM 990 TO REVIEW PRIOR TO FILINGWITH THE IRS. Form 990, Part VI, Section B, Line 12c THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. THE PROCEDUREFOR ADDRESSING CONFLICTS OF INTEREST IS PROVIDED IN THE POLICY AND STRICTLYADHERED TO. THE ORGANIZATION'S BOARD OF DIRECTOS REVIEWS THE CONFLICT OFINTEREST POLICY AND EACH DIRECTOR SIGNS THE POLICY ON AN ANNUAL BASIS. Form 990, Part VI, Section B, Line 15a THE PROCESS FOR DETERMINING FIVE VALLEYS EXECUTIVE DIRECTOR'S COMPENSATIONIS SET FORTH IN FIVE VALLEY'S POLICIES AND PROCEDURES. THE DELIBERATION ANDDECISION MAKING PROCESS IS CONDUCTED BY THE EXECUTIVE COMMITTEE OF THEBOARD USING COMPARABLE DATA AND IS DOCUMENTED. Form 990, Part VI, Section C, Line 19 FIVE VALLEYS LAND TRUST MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTERESTPOLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.