CRESTED BUTTE LAND TRUST: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- CRESTED BUTTE LAND TRUST (EIN 84-1190830)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-02-18
- IRS object ID
- 202310499349300806
- Schema version
- 2021v4.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-02-18T12:04:06-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 841233353 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCNURLIN HITCHCOCK & ASSOCIATES PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1987 WADSWORTH BLVD SUITE A | AddressLine1Txt |
| City | LAKEWOOD | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80214 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841190830 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRESTED BUTTE LAND TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CRES | BusinessNameControlTxt |
| Phone | 9703491206 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2224 | AddressLine1Txt |
| City | CRESTED BUTTE | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81224 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRIS RIOPELLE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9703491206 | PhoneNum |
| Signature | 2023-02-18 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHRIS | PersonFirstNm |
| Person Last | RIOPELLE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KIMBERLY J HITCHCOCKCPA | PreparerPersonNm |
| PTIN | P00291937 | PTIN |
| Phone | 3039885648 | PhoneNum |
| Preparation | 2023-02-18 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-03-07 01:45:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CHRIS RIOPELLE | PrincipalOfficerNm |
| Gross Receipts | $1,522,858 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | CBLANDTRUST.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1991 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | THE 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 | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 10 | TotalEmployeeCnt |
| Total Volunteers | 126 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $794,460 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,233,212 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $19,372 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $134,734 | CYProgramServiceRevenueAmt |
| PY Investment Income | $7,722 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,638 | CYInvestmentIncomeAmt |
| PY Other Revenue | $42,627 | PYOtherRevenueAmt |
| CY Other Revenue | $148,274 | CYOtherRevenueAmt |
| PY Total Revenue | $864,181 | PYTotalRevenueAmt |
| CY Total Revenue | $1,522,858 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $353,062 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $439,211 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $44,078 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $436,309 | PYOtherExpensesAmt |
| CY Other Expenses | $423,587 | CYOtherExpensesAmt |
| PY Total Expenses | $789,371 | PYTotalExpensesAmt |
| CY Total Expenses | $862,798 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $74,810 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $660,060 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $16,521,643 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,627,991 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $381,860 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $382,278 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $16,139,783 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $16,245,713 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE 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 | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $736,529 | ExpenseAmt |
| Revenue | $134,734 | RevenueAmt |
| Desc | PRESERVATION OF OPEN SPACE AND ACQUISITION OF LAND AND EASEMENTS: THE LAND TRUST EXECUTED TWO NEW ACQUISITION PROJECTS, THE FIRST BEING A FEE ACQUISITION AND CONSERVATION EASEMENT ON A 59 ACRE PARCEL OF LAND KNOWN AS KIKEL LOT 3 ON SMITH HILL, ADJACENT TO PREVIOUSLY CONSERVED LAND AND CONTAINING A PORTION OF THE LUPINE TRAIL, THE PARADISE DIVIDE VIEW CORRIDOR AND HISTORIC CATTLE GRAZING. KIKEL LOT 3 IS NOW OWNED BY THE TOWN OF CRESTED BUTTE WITH A CONSERVATION EASEMENT HELD BY THE CRESTED BUTTE LAND TRUST. THE SECOND WAS THE FEE ACQUISITION OF THE 5 ACRE PIONEER MILLSITE LOCATED NEAR KEBLER PASS ROAD. THE THIRD WAS THE INITIATION AND NEGOTIATION OF A CONSERVATION EASEMENT ON MT EMMONS WITH THE PROPERTY OWNER, MT EMMONS MINING COMPANY, AS A COMPONENT OF A FEDERAL LAND EXCHANGE, CONSERVATION EASEMENT AND MINERAL EXTINGUISHMENT PROJECT THAT WILL FOREVER PROTECT THE MT EMMONS PROPERTY FROM MINING AND WILL ALLOW PUBLIC ACCESS TO A PORTION OF THE PROPERTY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STAFF MONITORED AND MAINTAINED 62 CONSERVATION EASEMENTS AND FEE TITLE PROPERTIES TOTALING MORE THAN 5,254 ACRES. THESE ACTIVITIES ARE COLLECTIVELY REFERRED TO AS LAND STEWARDSHIP RESPONSIBILITIES. NOTABLE AMONGST THE ANNUAL LAND STEWARDSHIP EFFORTS WAS THE ACTIVATION OF A STAKEHOLDER COMMITTEE TO ASSIST THE LAND TRUST WITH FUTURE PLANNING AND MANAGEMENT OF THE ORGANIZATION'S RECENTLY ACQUIRED LONG LAKE PARCEL. IMPLEMENTATION OF THE COMMITTEE'S RECOMMENDATIONS BEGAN WITH THE DESIGN OF A NEW TRAIL AT LONG LAKE IN ADDITION TO IMPROVED PUBLIC MESSAGING AND SIGNAGE. FURTHERMORE, THE LAND TRUST ALONG WITH REGIONAL PARTNERS SUCH AS THE TOWN OF CRESTED BUTTE, HIRED AND MANAGED ONE FULL TIME "CONSERVATION RANGER" TO MONITOR THE IMPACTS OF RECREATION AND PROVIDED EDUCATION FOR THE PUBLIC ON CONSERVED LANDS IN THE SLATE RIVER VALLEY. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THE LAND TRUST CONTINUED ITS SUCCESSFUL PUBLIC OUTREACH EFFORTS WITH THE SECOND YEAR OF "FIELD TRIP" SERIES OF OUTINGS ON CONSERVED LANDS NEAR CRESTED BUTTE. THE FIELD TRIPS WERE FREE FOR THE PUBLIC TO ATTEND. EXISTING OUTREACH AND EDUCATION EFFORTS SUCH AS STORYWALK AND LETTERBOXING CONTINUED AS FREE TO THE PUBLIC AMENITIES ON CONSERVED LANDS IN ADDITION TO YOUTH EDUCATION AT THE CRESTED BUTTE LIBRARY. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $736,529 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | Yes (true) | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 8 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 10 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9703491206 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2224 | AddressLine1Txt |
| City | CRESTED BUTTE | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81224 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| BETH APPLETON | ||||||
| SECRETARY | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ROGER CESARIO | ||||||
| MEMBER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ZACHARY CHENAULT | ||||||
| MEMBER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JERRY CLARK | ||||||
| TREASURER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| PETER DEA | ||||||
| MEMBER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KILEY FLINT | ||||||
| MEMBER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KELLY HARRISON | ||||||
| MEMBER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| HENSON MOORE | ||||||
| MEMBER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CHRIS RIOPELLE | ||||||
| PRESIDENT | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JOHN SIMMONS | ||||||
| VICE PRESIDE | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MIKE SMITH | ||||||
| MEMBER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ERICA MUELLER SOLLBERGER | ||||||
| PRESIDENT EM | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| LAURA TOMLINSON | ||||||
| MEMBER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $1,233,212 | GovernmentGrantsAmt |
| Noncash Contributions | $42,608 | NoncashContributionsAmt |
| Total Contributions | $1,233,212 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SPECIAL EVENTS | Desc |
| Total Revenue Column | $134,734 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $134,734 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $134,734 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,638 | TotalRevenueColumnAmt |
| Exclusion | $6,638 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $148,274 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $148,274 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $148,274 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,522,858 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $283,008 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $6,638 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $365,186 | TotalAmt |
| Program Services | $321,364 | ProgramServicesAmt |
| Management And General | $25,563 | ManagementAndGeneralAmt |
| Fundraising | $18,259 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,346 | TotalAmt |
| Program Services | $40,784 | ProgramServicesAmt |
| Management And General | $3,245 | ManagementAndGeneralAmt |
| Fundraising | $2,317 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,679 | TotalAmt |
| Program Services | $24,358 | ProgramServicesAmt |
| Management And General | $1,937 | ManagementAndGeneralAmt |
| Fundraising | $1,384 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,303 | TotalAmt |
| Program Services | $48,421 | ProgramServicesAmt |
| Management And General | $4,504 | ManagementAndGeneralAmt |
| Fundraising | $3,378 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,911 | TotalAmt |
| Program Services | $34,323 | ProgramServicesAmt |
| Management And General | $3,193 | ManagementAndGeneralAmt |
| Fundraising | $2,395 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,436 | TotalAmt |
| Program Services | $46,815 | ProgramServicesAmt |
| Management And General | $4,355 | ManagementAndGeneralAmt |
| Fundraising | $3,266 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,831 | TotalAmt |
| Program Services | $12,074 | ProgramServicesAmt |
| Management And General | $7,244 | ManagementAndGeneralAmt |
| Fundraising | $7,513 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,000 | TotalAmt |
| Program Services | $6,750 | ProgramServicesAmt |
| Management And General | $4,050 | ManagementAndGeneralAmt |
| Fundraising | $4,200 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,408 | TotalAmt |
| Program Services | $13,559 | ProgramServicesAmt |
| Management And General | $1,079 | ManagementAndGeneralAmt |
| Fundraising | $770 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,618 | TotalAmt |
| Management And General | $1,618 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,156 | TotalAmt |
| Program Services | $4,537 | ProgramServicesAmt |
| Management And General | $619 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,223 | TotalAmt |
| Program Services | $14,223 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,859 | TotalAmt |
| Management And General | $15,859 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,635 | TotalAmt |
| Program Services | $6,949 | ProgramServicesAmt |
| Management And General | $5,686 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| COGS | $78,360 | $78,360 | ||
| GENERAL STEWARDSHIP | $55,900 | $55,900 | ||
| DUES & SUBSCRIPTIONS | $20,047 | $17,641 | $2,406 | |
| EQUIPMENT RENTAL | $6,030 | $5,306 | $422 | $302 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,870 | TotalAmt |
| Program Services | $5,165 | ProgramServicesAmt |
| Management And General | $411 | ManagementAndGeneralAmt |
| Fundraising | $294 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $862,798 | TotalAmt |
| Program Services | $736,529 | ProgramServicesAmt |
| Management And General | $82,191 | ManagementAndGeneralAmt |
| Fundraising | $44,078 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,156,952 | BOYAmt |
| EOY | $813,891 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $465,258 | BOYAmt |
| EOY | $906,106 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,688 | BOYAmt |
| EOY | $62,500 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,220 | BOYAmt |
| EOY | $1,379 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,109 | BOYAmt |
| EOY | $37,337 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $14,901,450 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $147,372 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,694,716 | BOYAmt |
| EOY | $14,754,078 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,700 | BOYAmt |
| EOY | $52,700 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,521,643 | BOYAmt |
| EOY | $16,627,991 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,922 | BOYAmt |
| EOY | $33,355 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $112,938 | BOYAmt |
| EOY | $218,923 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,000 | BOYAmt |
| EOY | $130,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $381,860 | BOYAmt |
| EOY | $382,278 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,716,144 | BOYAmt |
| EOY | $15,640,647 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,423,639 | BOYAmt |
| EOY | $605,066 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,139,783 | BOYAmt |
| EOY | $16,245,713 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,521,643 | BOYAmt |
| EOY | $16,627,991 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $660,060 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$54,130 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$500,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $925,100 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,539,219 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,379,479 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $794,460 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,233,212 | CurrentTaxYearAmt |
| Total | $6,871,470 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,735 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,735 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,735 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,283 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,283 | CurrentTaxYearAmt |
| Total | $27,771 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $930,835 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,544,954 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,385,214 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $799,743 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,238,495 | CurrentTaxYearAmt |
| Total | $6,899,241 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $6,899,241 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -$361 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,861 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,464 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,722 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,638 | CurrentTaxYearAmt |
| Total | $40,324 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,534 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $29,055 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,098 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $42,627 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $148,274 | CurrentTaxYearAmt |
| Total | $239,588 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $7,179,153 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $352,729 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.96100 | PublicSupportCY170Pct |
| Public Support PY170 | 0.98000 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | OTHER INCOME PER AUDIT F/S 239,588 | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation Public Use | Yes (X) | PreservationPublicUseInd |
| Protection Natural Habitat | Yes (X) | ProtectionNaturalHabitatInd |
| Preservation Open Space | Yes (X) | PreservationOpenSpaceInd |
| Total Easements | 43 | TotalEasementsCnt |
| Total Acreage | 4206.23 | TotalAcreageCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | Yes (true) | WrittenPolicyMonitoringInd |
| Staff Hours Spent Enforcement | 642.00 | StaffHoursSpentEnforcementCnt |
| Expenses Incurred Enforcement | $55,900 | ExpensesIncurredEnforcementAmt |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $891,642 | BeginningYearBalanceAmt |
| Contributions | $78,928 | ContributionsAmt |
| Investment Earnings Or Losses | -$46,747 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $923,823 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $780,076 | BeginningYearBalanceAmt |
| Contributions | $44,668 | ContributionsAmt |
| Investment Earnings Or Losses | $76,898 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $891,642 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $659,069 | BeginningYearBalanceAmt |
| Contributions | $86,240 | ContributionsAmt |
| Investment Earnings Or Losses | $34,767 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $780,076 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $632,589 | BeginningYearBalanceAmt |
| Contributions | $26,480 | ContributionsAmt |
| End Year Balance | $659,069 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $626,625 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $5,964 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $632,589 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.89510 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.10490 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,280,093 | OtherCostOrOtherBasisAmt |
| Book Value | $14,280,093 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $621,357 | OtherCostOrOtherBasisAmt |
| Depreciation | $147,372 | DepreciationAmt |
| Book Value | $473,985 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $14,754,078 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LONG-TERM NOTE PAYABLE | Desc |
| Amt | $130,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $130,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,490,202 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$54,130 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $21,474 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | -$32,656 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,522,858 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $1,522,858 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $884,272 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $21,474 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $21,474 | ExpensesNotReportedAmt |
| Expenses Subtotal | $862,798 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $862,798 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 1, PART II, LINE 5 | THE ORGANIZATION HAS A WRITTEN POLICY REGARDING THE PERIODIC MONITORING, INSPECTION, HANDLING OF VIOLATIONS, AND ENFORCEMENT OF THE CONSERVATION EASMENTS IT HOLDS. |
| SCHEDULE D, PAGE 1, PART II, LINE 9 | ALL 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 III, LINE 4 | CONSERVATION LANDS ARE PROPERTIES OWNED BY THE LAND TRUST THAT HAVE SIGNIFICANT ECOLOGICAL VALUE. THESE PROPERTIES ARE MANAGED IN AN EFFORT TO PROTECT THE NATURAL BIOLOGICAL DIVERSITY OF THE PROPERTY. CONSERVATION LANDS ARE LANDS HELD FOR THE FURTHERANCE OF THE LAND TRUST'S CONSERVATION MISSION RATHER THAN FOR FINANCIAL GAIN. THESE PROPERTIES ARE PROTECTED, ARE CARED FOR AND PRESERVED, AND ARE SUBJECT TO THE LAND TRUST'S POLICY THAT REQUIRES THE PROCEEDS FROM ANY SALES OF THESE LANDS TO BE USED TO ACQUIRE OTHER CONSERVATION LAND OR LAND INTERESTS. PRIOR TO THE YEAR ENDING JUNE 30, 2020, THE LAND TRUST HAD BEEN ACCOUNTING FOR THEIR CONSERVATION LANDS AS A "COLLECTION" IN ACCORDANCE WITH THE DEFINITION OF COLLECTIONS PER FASB ASC 360, PROPERTY, PLANT AND EQUIPMENT. UNDER THIS ACCOUNTING PRINCIPLE, THE LAND TRUST'S CONSERVATION LANDS WERE DISCLOSED IN THE NOTES TO THE FINANCIAL STATEMENTS BUT WERE EXCLUDED FROM CAPITALIZATION ON THE STATEMENT OF FINANCIAL POSITION IS A MORE TRANSPARENT ACCOUNTING PRINCIPLE. AS SUCH, THE LAND TRUST HAS ADOPTED FASB ASC 360-05- 3, PROPERTY, PLANT, AND EQUIPMENT, WHICH RECOMMENDS CAPITALIZATION OF LAND AND THESE CONSERVATION LANDS HAVE BEEN CAPITALIZED ON TO THE STATEMENT OF FINANCIAL POSITION AS OF JUNE 30, 2020. |
| SCHEDULE D, PAGE 2, PART V, LINE 4 | THE 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 X | THE 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, 2021. 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, 2022. |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt |
|---|---|---|---|
| Yes (X) | RENT | 1 | $11,562 |
| Yes (X) | AUCTION PRIZES | 1 | $31,046 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE 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 2, PART III, LINE 4A | PRESERVATION OF OPEN SPACE AND ACQUISITION OF LAND AND EASEMENTS: THE LAND TRUST EXECUTED TWO NEW ACQUISITION PROJECTS, THE FIRST BEING A FEE ACQUISITION AND CONSERVATION EASEMENT ON A 59 ACRE PARCEL OF LAND KNOWN AS KIKEL LOT 3 ON SMITH HILL, ADJACENT TO PREVIOUSLY CONSERVED LAND AND CONTAINING A PORTION OF THE LUPINE TRAIL, THE PARADISE DIVIDE VIEW CORRIDOR AND HISTORIC CATTLE GRAZING. KIKEL LOT 3 IS NOW OWNED BY THE TOWN OF CRESTED BUTTE WITH A CONSERVATION EASEMENT HELD BY THE CRESTED BUTTE LAND TRUST. THE SECOND WAS THE FEE ACQUISITION OF THE 5 ACRE PIONEER MILLSITE LOCATED NEAR KEBLER PASS ROAD. THE THIRD WAS THE INITIATION AND NEGOTIATION OF A CONSERVATION EASEMENT ON MT EMMONS WITH THE PROPERTY OWNER, MT EMMONS MINING COMPANY, AS A COMPONENT OF A FEDERAL LAND EXCHANGE, CONSERVATION EASEMENT AND MINERAL EXTINGUISHMENT PROJECT THAT WILL FOREVER PROTECT THE MT EMMONS PROPERTY FROM MINING AND WILL ALLOW PUBLIC ACCESS TO A PORTION OF THE PROPERTY. |
| FORM 990, PAGE 2, PART III, LINE 4B | STAFF MONITORED AND MAINTAINED 62 CONSERVATION EASEMENTS AND FEE TITLE PROPERTIES TOTALING MORE THAN 5,254 ACRES. THESE ACTIVITIES ARE COLLECTIVELY REFERRED TO AS LAND STEWARDSHIP RESPONSIBILITIES. NOTABLE AMONGST THE ANNUAL LAND STEWARDSHIP EFFORTS WAS THE ACTIVATION OF A STAKEHOLDER COMMITTEE TO ASSIST THE LAND TRUST WITH FUTURE PLANNING AND MANAGEMENT OF THE ORGANIZATION'S RECENTLY ACQUIRED LONG LAKE PARCEL. IMPLEMENTATION OF THE COMMITTEE'S RECOMMENDATIONS BEGAN WITH THE DESIGN OF A NEW TRAIL AT LONG LAKE IN ADDITION TO IMPROVED PUBLIC MESSAGING AND SIGNAGE. FURTHERMORE, THE LAND TRUST ALONG WITH REGIONAL PARTNERS SUCH AS THE TOWN OF CRESTED BUTTE, HIRED AND MANAGED ONE FULL TIME "CONSERVATION RANGER" TO MONITOR THE IMPACTS OF RECREATION AND PROVIDED EDUCATION FOR THE PUBLIC ON CONSERVED LANDS IN THE SLATE RIVER VALLEY. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE 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 12C | THE 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 15A | THE 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 15B | THE 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 19 | THE ORGANIZATION WILL PROVIDE THE DOCUMENTS UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | PREVIOUSLY UNRECORDED ASSET 0 CONSERVATION EASEMENT ACQ COST -500,000 TOTAL -500,000 |