2026-06-26T11:37:19-07:00 2025-12-31 461211349 Linked Accounting LLP 612 N Kays Dr Ste 150 Kaysville UT 84037 990 2025-01-01 237182055 FIVE VALLEYS LAND TRUST FIVE 4065490755 120 HICKORY ST B MISSOULA MT 59801 WHITNEY SCHWAB Executive Dir. 2026-06-26 true BRIAN E VAN CAMP CPA MTAX P00650012 3852622310 2025 2025-03-06 01:10:19Z WHITNEY SCHWAB 120 HICKORY ST B MISSOULA MT 59801 5360242 false X WWW.FVLT.ORG X 1972 MT Five Valleys Land Trust, Inc. (the Organization) is a non-profit corporation originally incorporated in 1972 as Five Valleys River Park Association under the laws of the State of Montana and later renamed Five Valleys Land Trust in 1989. The Organization is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. Located in Missoula, Montana, the Organization is dedicated to protect for future generations western Montana's Natrual Legacy - water, wildlife habitats, agricultural lands, and community open spaces throughout western Montana and has been accredited by the Land Trust Accreditation Commission. The Organization works directly with willing landowners and other partners to craft unique collaborative solutions to conservation challenges and opportunities. 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 I 15 15 17 1240 0 2359059 3937014 0 1148074 367348 -75749 96332 3431384 4400694 0 0 1130484 1212912 0 324575 1845775 3298522 2976259 4511434 455125 -110740 15112573 15428305 1049393 1263304 14063180 14165001 TO PROTECT FOR FUTURE GENERATIONS WESTERN MONTANA'S NATRUAL LEGACY - WATER, WIDLIFE HABITATS, AGRICULTURAL LANDS, AND COMMUNITY OPEN SPACES. false false 3891312 The Organization operated the following programs during the years ended December 31, 2025 and 2024:Land Protection: The Organization protects lands relevant to its mission 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 marketable financial value and are a non-possessory interest in real property, so the landowner retains ownership of the land, subject to the terms of the conservation easement. The costs to acquire purchased or donated easements are 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, 2025 and 2024, was $1,212,500 and $0 respectively.Stewardship: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, 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.The Organizations stewardship staff works with public and private partners to conserve, steward, and improve protected lands that it owns for conservation purposes. The organization enlists a broad group of partners to complete this work, including students, volunteers, and contractors. The organization continued weed treatment, habitat restoration, fuels reduction, public access development and othersimilar 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, visiting with landowners at least annually to listen to their concern and working with landowners to help them meet their land management goals or otherwise use their properties in a manner consistent with the terms of the conservation easements.As of December 31, 2025, the Organization held a total of 200 conservation easements protecting a combined 84,391 acres of land. In the year ending December 31, 2024, the Organization held a total of 198 conservation easements protecting a combined 83,397 acres of land. Included in the 2025 land protection figures, the Organization accepted a gift of real property in fee near Lincoln, Montana, in the year ending December 31, 2024. After accepting the gift of property, the property was protected with a conservation easement that the Organization retained before disposition of the property to a private party, subject to the conservation easement, in the year ending December 31, 2025. 3891312 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 23 0 true 17 true false false false false false true true false 0 false false false false false false false X 15 15 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 132664 0 16836 ALLAN FRANKL PRESIDENT 5.00 0.00 X X 0 0 0 JULIE FOGARTY Vice President 5.00 0.00 X X 0 0 0 MIKE FOOTE Secretary 5.00 0.00 X X 0 0 0 JENNIFER BOYER Treasurer 5.00 0.00 X X 0 0 0 TYLER COURVILLE Director 2.00 0.00 X 0 0 0 ELIZABETH FRICKE Director 2.00 0.00 X 0 0 0 DENNY IVERSON Director 2.00 0.00 X 0 0 0 ADDRIEN MARX Director 2.00 0.00 X 0 0 0 BART MORRIS Director 2.00 0.00 X 0 0 0 CHARITY O'CONNOR 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 STAN SENNER Director 2.00 0.00 X 0 0 0 RICK WISHCAMPER Director 2.00 0.00 X 0 0 0 JESSICA WELBORN Director 2.00 0.00 X 0 0 0 132664 16836 1 false false false 0 292705 17942 3626367 1350727 3937014 0 205575 205575 0 0 30300 30300 30300 30300 1045733 883960 161773 161773 161773 141620 292705 75588 66032 0 0 0 4400694 397648 0 0 0 0 136845 82107 27369 27369 0 836980 553427 113352 170201 47440 30960 6855 9625 114797 74919 16588 23290 76850 50154 11105 15591 0 38423 22664 13453 2306 82892 48895 29022 4975 0 0 31578 31578 97913 57755 34281 5877 6249 6124 63 62 2741 1782 383 576 0 0 106095 93491 12604 23811 12382 2143 9286 0 46895 43973 2922 0 0 42138 27390 5899 8849 48968 35257 5387 8324 PROJECT ACQUISITION 2612929 2612929 Equipment Repairs 45448 26360 5454 13634 Postage and Shipping 37918 23503 768 13647 Dues and Subscriptions 33340 21671 4668 7001 41184 33991 3231 3962 4511434 3891312 295547 324575 178592 350652 954005 799735 488763 474494 3910 48351 0 0 0 3471 3303 4699 3999 6666747 267993 7117491 6398754 5893583 6939989 0 0 0 468059 409028 15112573 15428305 88044 115236 501600 746600 459749 401468 1049393 1263304 X 13027658 13003277 1035522 1161724 14063180 14165001 15112573 15428305 -110740 212561 X false true X true false X 2407194 5849229 5466846 2249664 3937014 19909947 0 75588 75588 0 0 2407194 5849229 5466846 2249664 4012602 19985535 337748 456799 431697 142970 105725 1474939 0 337748 456799 431697 142970 105725 1474939 18510596 92942 88586 138625 246311 235875 802339 0 92942 88586 138625 246311 235875 802339 0 5600 8973 38256 52829 2505736 5946788 5643727 2495975 4248477 20840703 0.88820 0.86900 0.03850 0.03710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 4511434 4511434 375572 93893 false 353865 209283 301885 375572 1240605 1860908 88466 52321 75471 93893 310151 465227 X X X 200 84 1 true 15 238810 false 821265 117375 938640 745320 75945 821265 681989 63331 745320 783708 -101719 681989 694937 88771 783708 0.32000 0.25000 0.43000 true false false 6354208 6354208 123646 89073 34573 188893 178920 9973 6398754 LEASE LIABILITY - LONG TERM 338308 LEASE LIABILITY - SHORT TERM 60720 Security Deposits 2440 401468 4657265 212561 75588 288149 4369116 31578 31578 4400694 4555444 75588 75588 4479856 31578 31578 4511434 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 $75588 Part XII, Line 2d: Other expenses and losses per audited F/S Direct Fundraiser Expenses $75588 false BANQUET 387111 245491 141620 10206 44994 17097 BIG SKY CONCERT SERIES 47214 47214 1338 1953 434325 292705 141620 10206 46332 19050 75588 66032 X 1 1212500 FMV X AUCTION ITEMS 1 5000 FMV X AUCTION ITEMS 1 6500 FMV X AUCTION ITEMS 1 7626 FMV X AUCTION ITEMS 1 6078 FMV X AUCTION ITEMS 1 6682 FMV X Food 1 5000 FMV X AUCTION ITEMS 1 15000 FMV X AUCTION ITEMS 96 40167 FMV X SUPPLIES 1 30 FMV X AUCTION ITEMS 1 46144 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.