STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

CRESTED BUTTE LAND TRUST: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CRESTED BUTTE LAND TRUST (EIN 84-1190830)
Tax period
2023-07-01 to 2024-06-30
Filed
2024-12-17
IRS object ID
202423529349301022
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-12-17T11:31:41-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN841233353PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MCNURLIN HITCHCOCK & ASSOCIATES PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11987 WADSWORTH BLVD SUITE AAddressLine1Txt
CityLAKEWOODCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80214ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN841190830EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CRESTED BUTTE LAND TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCRESBusinessNameControlTxt
Phone9703491206PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2224AddressLine1Txt
CityCRESTED BUTTECityNm
State AbbreviationCOStateAbbreviationCd
ZIP81224ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN SIMMONSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9703491206PhoneNum
Signature2024-12-17SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKIMBERLY J HITCHCOCKCPAPreparerPersonNm
PTINP00291937PTIN
Phone3039885648PhoneNum
Preparation2024-12-17PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOHN SIMMONSPrincipalOfficerNm
Gross Receipts$1,549,912GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressCBLANDTRUST.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1991FormationYr
Legal Domicile StateCOLegalDomicileStateCd
Activity Or MissionTHE MISSION OF THE CRESTED BUTTE LAND TRUST IS TO FOREVER PROTECT AND STEWARD OPEN LANDS FOR VISTAS, RECREATION, WILDLIFE AND RANCHING, THUS CONTRIBUTING TO THE PRESERVATION OF GUNNISON COUNTYS UNIQUE HERITAGE AND QUALITY OF LIFEActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee8TotalEmployeeCnt
Total Volunteers170TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$958,491PYContributionsGrantsAmt
CY Contributions Grants$1,078,234CYContributionsGrantsAmt
PY Program Service Revenue$326,710PYProgramServiceRevenueAmt
CY Program Service Revenue$355,053CYProgramServiceRevenueAmt
PY Investment Income$22,393PYInvestmentIncomeAmt
CY Investment Income$70,428CYInvestmentIncomeAmt
PY Other Revenue$46,567PYOtherRevenueAmt
CY Other Revenue$46,197CYOtherRevenueAmt
PY Total Revenue$1,354,161PYTotalRevenueAmt
CY Total Revenue$1,549,912CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$472,305PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$506,290CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$42,452CYTotalFundraisingExpenseAmt
PY Other Expenses$463,486PYOtherExpensesAmt
CY Other Expenses$447,827CYOtherExpensesAmt
PY Total Expenses$935,791PYTotalExpensesAmt
CY Total Expenses$954,117CYTotalExpensesAmt
PY Revenues Less Expenses$418,370PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$595,795CYRevenuesLessExpensesAmt
Total Assets BOY$16,524,969TotalAssetsBOYAmt
Total Assets EOY$17,127,000TotalAssetsEOYAmt
Total Liabilities BOY$340,149TotalLiabilitiesBOYAmt
Total Liabilities EOY$228,183TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$16,184,820NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$16,898,817NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE CRESTED BUTTE LAND TRUST IS TO FOREVER PROTECT AND STEWARD OPEN LANDS FOR VISTAS, RECREATION, WILDLIFE AND RANCHING, THUS CONTRIBUTING TO THE PRESERVATION OF GUNNISON COUNTYS UNIQUE HERITAGE AND QUALITY OF LIFEMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$816,870ExpenseAmt
Revenue$355,053RevenueAmt
DescTHE PRESERVATION OF OPEN SPACE THROUGH LAND ACQUISITION AND EASEMENTS: A MAJOR MULTIYEAR PROJECT TO SUPPORT A FEDERAL LAND EXCHANGE AND ACCEPT A CONSERVATION EASEMENT ON MT EMMONS ADVANCED TO THE NEAR-CLOSING STAGE BY THE END OF THE TAX YEAR. CLOSING OCCURRED IN AUGUST 2024. WITH THE MT EMMONS PROJECT, THE CRESTED BUTTE LAND TRUST EXPANDED THE CONSERVATION PORTFOLIO BY 885 ACRES AND HELPED PROTECT CRITICAL WILDLIFE, RECREATION AND VIEW CORRIDOR FOR THE PUBLIC. IN ADDITION, THE LAND TRUST ADDED ONE OTHER CONSERVATION EASEMENT OF 40 ACRES LOCATED IN GUNNISON COUNTY NEAR MARBLE, COLORADO AT THE FORMER COLORADO OUTWARD BOUND BASECAMP IN PARTNERSHIP WITH THE ASPEN VALLEY LAND TRUST AND PITKIN COUNTY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescSTAFF MONITORED AND MAINTAINED 65 CONSERVATION EASEMENTS AND FEE OWNED PARCELS ACROSS 5700 ACRES. THE LAND TRUST IMPROVED TRAIL CONDITIONS SUPPORTED WILDLIFE HABITATS, CATTLE RANCHING AND RECREATIONAL ACCESS FOR THE PUBLIC. CRITICAL PARTNERSHIPS WERE ENHANCED THROUGH COLLABORATION WITH PRIVATE INDUSTRY, LOCAL GOVERNMENTS AND MISSION ALIGNED NON-PROFITS. PUBLIC OUTREACH PROGRAMS INCLUDED MANY FIRSTS SUCH AS THE DEBUT OF THE LAND TRUST'S SPANISH LANGUAGE FIELD TRIPS FOCUSED ON LOCAL SPANISH SPEAKERS WHO ARE NOT ALREADY ACCESSING LAND TRUST AND ADJACENT PARCELS FOR RECREATION.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescTHE CRESTED BUTTE LAND TRUST SUCCESSFULLY RENEWED OUR 5 YEAR ACCREDITATION WITH THE LAND TRUST ALLIANCE THROUGH A RIGOROUS MULTI-MONTH APPLICATION AND REVIEW. LAND TRUST ALLIANCE ACCREDITATION IS THE ONLY NATIONAL STANDARD FOR PROFESSIONAL LAND TRUSTS TO PROVE COMPLIANCE WITH BEST PRACTICES ACROSS MULTIPLE PROGRAM AREAS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$816,870TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsYes (true)ConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document15IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee8EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9703491206PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2224AddressLine1Txt
CityCRESTED BUTTECityNm
State AbbreviationCOStateAbbreviationCd
ZIP81224ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtHighest Compensated EmployeeHighestCompensatedEmployeeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerInd
JAKE JONES
EXECUTIVE DI40.00Yes (X)$146,624$0$0
ZACHARY CHENAULT
DIRECTOR4.00$0$0$0Yes (X)Yes (X)
PETER DEA
DIRECTOR4.00$0$0$0Yes (X)Yes (X)
TERRI VON DOHLEN
DIRECTOR4.00$0$0$0Yes (X)Yes (X)
KILEY FLINT
DIRECTOR4.00$0$0$0Yes (X)Yes (X)
KELLY HARRISON
DIRECTOR4.00$0$0$0Yes (X)Yes (X)
JAMIE HENKLE
DIRECTOR4.00$0$0$0Yes (X)Yes (X)
MICHAEL HIGUERA
DIRECTOR4.00$0$0$0Yes (X)Yes (X)
JILL INDOVINO
TREASURER4.00$0$0$0Yes (X)Yes (X)
JOHN MAHONEY
DIRECTOR4.00$0$0$0Yes (X)Yes (X)
CHRIS RIOPELLE
DIRECTOR4.00$0$0$0Yes (X)Yes (X)
TARA SCHOEDINGER
SECRETARY4.00$0$0$0Yes (X)Yes (X)
JOHN SIMMONS
PRESIDENT4.00$0$0$0Yes (X)Yes (X)
LAURA TOMLINSON
VICE PRESIDE4.00$0$0$0Yes (X)Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$146,624TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$1,078,234GovernmentGrantsAmt
Noncash Contributions$85,575NoncashContributionsAmt
Total Contributions$1,078,234TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSPECIAL EVENTSDesc
Total Revenue Column$355,053TotalRevenueColumnAmt
Related Or Exempt Func Income$355,053RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$355,053TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$70,428TotalRevenueColumnAmt
Exclusion$70,428ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$46,197TotalRevenueColumnAmt
Related Or Exempt Func Income$46,197RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$46,197OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,549,912TotalRevenueColumnAmt
Related Or Exempt Func Income$401,250RelatedOrExemptFuncIncomeAmt
Exclusion$70,428ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$411,626TotalAmt
Program Services$362,231ProgramServicesAmt
Management And General$28,814ManagementAndGeneralAmt
Fundraising$20,581FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$57,573TotalAmt
Program Services$50,664ProgramServicesAmt
Management And General$4,030ManagementAndGeneralAmt
Fundraising$2,879FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$37,091TotalAmt
Program Services$32,640ProgramServicesAmt
Management And General$2,596ManagementAndGeneralAmt
Fundraising$1,855FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$15,707TotalAmt
Program Services$13,822ProgramServicesAmt
Management And General$1,099ManagementAndGeneralAmt
Fundraising$786FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$36,326TotalAmt
Program Services$31,967ProgramServicesAmt
Management And General$2,543ManagementAndGeneralAmt
Fundraising$1,816FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$14,953TotalAmt
Program Services$13,158ProgramServicesAmt
Management And General$1,047ManagementAndGeneralAmt
Fundraising$748FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$21,605TotalAmt
Program Services$9,722ProgramServicesAmt
Management And General$5,834ManagementAndGeneralAmt
Fundraising$6,049FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$21,205TotalAmt
Program Services$9,542ProgramServicesAmt
Management And General$5,726ManagementAndGeneralAmt
Fundraising$5,937FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$23,112TotalAmt
Program Services$20,339ProgramServicesAmt
Management And General$1,617ManagementAndGeneralAmt
Fundraising$1,156FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,631TotalAmt
Management And General$5,631ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$5,300TotalAmt
Program Services$4,664ProgramServicesAmt
Management And General$636ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$16,220TotalAmt
Program Services$16,220ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$21,425TotalAmt
Management And General$21,425ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$16,505TotalAmt
Program Services$9,078ProgramServicesAmt
Management And General$7,427ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
COGS$163,528$163,528
DUES & SUBSCRIPTIONS$45,557$40,090$5,467
GENERAL STEWARDSHIP$27,849$27,849
EQUIPMENT RENTAL$7,395$6,508$517$370

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$5,509TotalAmt
Program Services$4,848ProgramServicesAmt
Management And General$386ManagementAndGeneralAmt
Fundraising$275FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$954,117TotalAmt
Program Services$816,870ProgramServicesAmt
Management And General$94,795ManagementAndGeneralAmt
Fundraising$42,452FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$650,093BOYAmt
EOY$999,210EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$984,050BOYAmt
EOY$1,275,978EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$51,250BOYAmt
EOY$6,250EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,455BOYAmt
EOY$1,710EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$48,135BOYAmt
EOY$52,005EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$14,968,247LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$185,089LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$14,774,786BOYAmt
EOY$14,783,158EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$15,200BOYAmt
EOY$8,689EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$16,524,969BOYAmt
EOY$17,127,000EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$60,648BOYAmt
EOY$25,692EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$209,501BOYAmt
EOY$202,491EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$70,000BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$340,149BOYAmt
EOY$228,183EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$15,936,017BOYAmt
EOY$16,175,544EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$248,803BOYAmt
EOY$723,273EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$16,184,820BOYAmt
EOY$16,898,817EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$16,524,969BOYAmt
EOY$17,127,000EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$595,795ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$118,202NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,379,479CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$794,460CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,233,212CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$958,491CurrentTaxYearMinus1YearAmt
Current Tax Year$1,078,234CurrentTaxYearAmt
Total$5,443,876TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,735CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,283CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,283CurrentTaxYearMinus2YearsAmt
Total$16,301TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,385,214CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$799,743CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,238,495CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$958,491CurrentTaxYearMinus1YearAmt
Current Tax Year$1,078,234CurrentTaxYearAmt
Total$5,460,177TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$5,460,177PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$15,464CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,722CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,638CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$22,393CurrentTaxYearMinus1YearAmt
Current Tax Year$70,428CurrentTaxYearAmt
Total$122,645TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$16,098CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$42,627CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$148,274CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$46,567CurrentTaxYearMinus1YearAmt
Total$253,566TotalAmt
FieldValueIRS element (for citing)
Total Support$5,836,388TotalSupportAmt
Gross Receipts Rltd Activities$1,127,256GrossReceiptsRltdActivitiesAmt
Public Support CY1700.93550PublicSupportCY170Pct
Public Support PY1700.95250PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART II, LINE 10FormAndLineReferenceDesc
ExplanationOTHER INCOME PER AUDIT F/S 253,566ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Preservation Public UseYes (X)PreservationPublicUseInd
Protection Natural HabitatYes (X)ProtectionNaturalHabitatInd
Preservation Open SpaceYes (X)PreservationOpenSpaceInd
Total Easements45TotalEasementsCnt
Total Acreage4356.00TotalAcreageCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy MonitoringYes (true)WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement240.00StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement$27,849ExpensesIncurredEnforcementAmt
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,082,608BeginningYearBalanceAmt
Contributions$123,120ContributionsAmt
Investment Earnings Or Losses$152,767InvestmentEarningsOrLossesAmt
End Year Balance$1,358,495EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$923,823BeginningYearBalanceAmt
Contributions$75,000ContributionsAmt
Investment Earnings Or Losses$83,785InvestmentEarningsOrLossesAmt
End Year Balance$1,082,608EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$891,642BeginningYearBalanceAmt
Contributions$78,928ContributionsAmt
Investment Earnings Or Losses-$46,747InvestmentEarningsOrLossesAmt
End Year Balance$923,823EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$780,076BeginningYearBalanceAmt
Contributions$44,668ContributionsAmt
Investment Earnings Or Losses$76,898InvestmentEarningsOrLossesAmt
End Year Balance$891,642EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$659,069BeginningYearBalanceAmt
Contributions$86,240ContributionsAmt
Investment Earnings Or Losses$34,767InvestmentEarningsOrLossesAmt
End Year Balance$780,076EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.92870BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.07130PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,318,890OtherCostOrOtherBasisAmt
Book Value$14,318,890BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$649,357OtherCostOrOtherBasisAmt
Depreciation$185,089DepreciationAmt
Book Value$464,268BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$14,783,158TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,675,842TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$118,202NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$7,728DonatedServicesAndUseFcltsAmt
Revenue Not Reported$125,930RevenueNotReportedAmt
Revenue Subtotal$1,549,912RevenueSubtotalAmt
Total Revenue Per Form990$1,549,912TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$961,845TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$7,728DonatedServicesUseFcltsAmt
Expenses Not Reported$7,728ExpensesNotReportedAmt
Expenses Subtotal$954,117ExpensesSubtotalAmt
Total Expenses Per Form990$954,117TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 1, PART II, LINE 5THE ORGANIZATION HAS A WRITTEN POLICY REGARDING THE PERIODIC MONITORING, INSPECTION, HANDLING OF VIOLATIONS, AND ENFORCEMENT OF THE CONSERVATION EASEMENTS IT HOLDS.
SCHEDULE D, PAGE 1, PART II, LINE 9ALL COSTS ASSOCIATED WITH CONSERVATION EASMENTS ARE EXPENSED. DONATIONS OF CONSERVATION EASEMENTS ARE NOT RECOGNIZED, AS THE VALUE AN EASEMENT DONOR IS ABLE TO DEDUCT FOR INCOME TAX PURPOSES IS NOT AVAILABLE TO THE RECIPIENT CONSERVANCY ORGANIZATION.
SCHEDULE D, PAGE 2, PART V, LINE 4THE ORGANIZATION USES THEIR BOARD DESIGNATED ENDOWMENT FUNDS FOR EXPENDITURES RELATING TO MONITORING, MANAGING, AND DEFENDING CONSERVATION EASEMENTS AND ACQUISITIONS HELD BY THE ORGANIZATION.
SCHEDULE D, PAGE 3, PART XTHE LAND TRUST IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND STATE INCOME TAXES UNDER REGULATIONS IN THE STATE OF COLORADO. THEREFORE, THE LAND TRUST IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES IN CONNECTION WITH ITS EXEMPT ACTIVITIES. IN ADDITION, THE LAND TRUST IS TREATED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2024. THE STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE LAND TRUST MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE LAND TRUST AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEAR ENDED JUNE 30, 2024.

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990Amt
Yes (X)RENT1$10,272
Yes (X)AUCTION PRIZES1$75,303
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE MISSION OF THE CRESTED BUTTE LAND TRUST IS TO FOREVER PROTECT AND STEWARD OPEN LANDS FOR VISTAS, RECREATION, WILDLIFE AND RANCHING, THUS CONTRIBUTING TO THE PRESERVATION OF GUNNISON COUNTYS UNIQUE HERITAGE AND QUALITY OF LIFE
FORM 990, PAGE 6, PART VI, LINE 11BTHE ORGANIZATION'S FULL BOARD OF DIRECTORS, FINANCE COMMITTEE, AND EXECUTIVE DIRECTOR REVIEW THE FORM 990 PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12CTHE ORGANIZATION'S BOARD MEMBERS SELF MONITOR CONFLICTS OF INTEREST. BOARD MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY.
FORM 990, PAGE 6, PART VI, LINE 15ATHE ORGANIZATION REVIEWED INDUSTRY STANDARDS AND USED COMPARISONS FROM OTHER RESORT COMMUNITY NON PROFITS TO DETERMINE THE COMPENSATION FOR TOP MANAGEMENT OFFICALS AND KEY EMPLOYEES.
FORM 990, PAGE 6, PART VI, LINE 15BTHE ORGANIZATION REVIEWED INDUSTRY STANDARDS AND USED COMPARISONS FROM OTHER RESORT COMMUNITY NON PROFITS TO DETERMINE THE COMPENSATION FOR TOP MANAGEMENT OFFICALS AND KEY EMPLOYEES.
FORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATION WILL PROVIDE THE DOCUMENTS UPON REQUEST.