EIN 23-7182055

Five Valleys Land Trust (FVLT)

IRS 501(c) type
501(c)(3)
Num. employees
14
State
Year formed
1972
Most recent tax filings
2022-12-01
Description
FVLT's mission is to protect and preserve western Montana’s natural legacy—our river corridors, wildlife habitat, agricultural lands, and scenic open spaces.
Total revenues
$5,290,292
2022
Total expenses
$4,300,790
2022
Total assets
$9,312,149
2022
Num. employees
14
2022

Program areas at FVLT

Land protection Land protection the organization protects clean water, working farms and ranches, wildlife habitat, and recreation opportunities using fee acquisition and conservation easements of private lands. Landowners enter into agreements with the organization voluntarily and knowing their Land holds special value to them and to the public. Easements held by the organization hold no financial value, and the landowner retains full ownership of the Land. The cost to acquire purchased or donated easements is expensed as incurred. The organization recognizes in-kind contributions that represent the lost value to Land owners who put in conservation easements. The value of in-kind easement contributions for the years ended december 31, 2022 and 2021, was $1,417,000 and $48,000, respectively.the organization completed two easement projects in each of the years ended december 31, 2022 and 2021.since 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. As of december 31, 2022, the organization held a total of 196 conservation easements protecting a combined 83,086 acres of Land. At december 31, 2021, the organization held a total of 194 conservation easements protecting a combined 80,175 acres of land.land stewardshipthe organization's stewardship staff works with public and private partners 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, and river trail development at the rock creek confluence project in partnership with the university of Montana, missoula college, and the conservation corps. The organization conducted similar activities on other properties throughout its service area. A conservation easement commits the organization to a perpetual responsibility of stewarding the protected conservation values and supporting landowners in their efforts to manage their Land with conservation in mind. Stewardship work involves monitoring the conservation easements and visiting with landowners annually to listen to their concerns and work to help them meet their management goals in a way that achieves optimal protection for their land.to fund these future responsibilities, the organization has established a stewardship fund with a balance of $1,135,560 and $1,483,698 at december 31, 2022 and 2021, 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 2022 and 2021, the organization monitored each of its conservation easements.

Grants made by FVLT

GranteeGrant descriptionAmount
The Vital Ground FoundationDevelopment Capacity Challenge$50,000
Prickly Pear Land Trust (PPLT)Development Capacity Challenge$25,000
Bitter Root Land TrustDevelopment Capacity Challenge$25,000
...and 2 more grants made

Who funds Five Valleys Land Trust (FVLT)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$180,750
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$180,750
Schwab Charitable FundEnvironmental and Animals$75,050
...and 19 more grants received totalling $650,952

Personnel at FVLT

NameTitleCompensation
Whitney SchwabExecutive Director$93,858
Julie FogartySecretary$0
Rachel McDonoughTreasurer$0
Jeff RothPresident$0
David BanksVice President$0
...and 9 more key personnel

Financials for FVLT

RevenuesFYE 12/2022
Total grants, contributions, etc.$5,849,229
Program services$0
Investment income and dividends$53,832
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$34,754
Net gain from sale of non-inventory assets$-638,165
Net income from fundraising events$-18,331
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$8,973
Total revenues$5,290,292

Form 990s for FVLT

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-05990View PDF
2021-122022-08-22990View PDF
2020-122021-07-01990View PDF
2019-122021-02-18990View PDF
2018-122019-11-04990View PDF
...and 8 more Form 990s
Data update history
December 23, 2023
Received grants
Identified 1 new grant, including a grant for $2,000 from Max and Betty Swanson Foundation
October 23, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 22, 2023
Used new vendors
Identified 1 new vendor, including
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Received grants
Identified 12 new grant, including a grant for $52,500 from Run Wild Missoula
Nonprofit Types
Social advocacy organizationsEnvironmental organizationsCharities
Issues
Land and water conservationEnvironment
Characteristics
LobbyingConservation easementFundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donations
General information
Address
120 Hickory St B
Missoula, MT 59801
Metro area
Missoula, MT
Website URL
fvlt.org/ 
Phone
(406) 549-0755
Facebook page
five-valleys-land-trust 
IRS details
EIN
23-7182055
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1972
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C34: Land Resources Conservation
NAICS code, primary
813312: Environment, Conservation, and Wildlife Organizations
Parent/child status
Independent
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