2026-02-10T11:23:50-05:00 2025-06-30 841233353 MCNURLIN HITCHCOCK & ASSOCIATES PC 1987 WADSWORTH BLVD SUITE A LAKEWOOD CO 80214 990 2024-07-01 841190830 CRESTED BUTTE LAND TRUST CRES 9703491206 PO BOX 2224 CRESTED BUTTE CO 81224 KELLY HARRISON PRESIDENT 9703491206 2026-01-21 true KIMBERLY J HITCHCOCKCPA P00291937 3039885648 2026-02-10 2024 2025-03-06 01:10:19Z KELLY HARRISON 1677941 false X CBLANDTRUST.ORG X 1991 CO 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 12 12 6 246 0 1078234 1199511 355053 349565 70428 83086 46197 45779 1549912 1677941 0 0 506290 566491 0 58874 447827 642486 954117 1208977 595795 468964 17127000 17971963 228183 476295 16898817 17495668 X 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 false false 1032802 349565 THE 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 CLOSED ON AUGUST 29, 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 ACQUIRED 44 ACRES OF PRIVATE LAND WITHIN FEDERAL NATIONAL FORESTS INCLUDING CONGRESSIONALLY DESIGNATED WILDERNESS. STAFF MONITORED AND MAINTAINED 72 CONSERVATION EASEMENTS AND FEE OWNED PARCELS ACROSS 6500 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. THE CRESTED BUTTE LAND TRUST SUCCESSFULLY ADVANCED THE ORGANIZATION'S LONG TERM CONSERVATION STRATEGY WITH SEVERAL NEW FEE ACQUISITION AND CONSERVATION EASEMENT PROJECT GOING UNDER CONTRACT AND CLOSING IN FY26. 1032802 true true false false false false true true false true true false false false true true true false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false true 10 0 true 6 true false false false false false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true false true true true false X X X THE ORGANIZATION 9703491206 PO BOX 2224 CRESTED BUTTE CO 81224 X JAKE JONES EXECUTIVE DI 40.00 X 146393 0 0 PETER DEA DIRECTOR 3.00 X X 0 0 0 STEVE FERRIS DIRECTOR 3.00 X X 0 0 0 KILEY FLINT SECRETARY 3.00 X X 0 0 0 KELLY HARRISON PRESIDENT 3.00 X X 0 0 0 JAMIE HENKLE DIRECTOR 3.00 X X 0 0 0 MICHAEL HIGUERA VICE PRESIDE 3.00 X X 0 0 0 JILL INDOVINO TREASURER 3.00 X X 0 0 0 JOHN MAHONEY DIRECTOR 3.00 X X 0 0 0 WIN CRAVEN MD DIRECTOR 3.00 X X 0 0 0 LEE RIGBY DIRECTOR 3.00 X X 0 0 0 JOHN SIMMONS PRESIDENT EM 3.00 X X 0 0 0 RUSTY SPINNEY DIRECTOR 3.00 X X 0 0 0 146393 1 false false false 1199511 64350 1199511 SPECIAL EVENTS 349565 349565 349565 83086 83086 OTHER INCOME 900099 45779 45779 45779 1677941 395344 83086 X 457180 402318 32003 22859 76475 67298 5353 3824 32836 28896 2298 1642 35142 30925 2460 1757 34063 29976 2384 1703 126046 110921 8823 6302 20396 9178 5507 5711 42674 19203 11522 11949 31976 28139 2238 1599 9244 9244 4663 4103 560 19517 19517 21425 21425 17888 9838 8050 COGS 177584 177584 GENERAL STEWARDSHIP 43848 43848 DUES & SUBSCRIPTIONS 27468 24172 3296 EQUIPMENT RENTAL 13812 12155 966 691 16740 14731 1172 837 1208977 1032802 117301 58874 999210 1228646 1275978 1614653 6250 1710 6724 52005 54929 15130747 206514 14783158 14924233 8689 142778 17127000 17971963 25692 20660 202491 330357 125278 228183 476295 X 16175544 17398768 723273 96900 16898817 17495668 17127000 17971963 468964 127887 X false true X true false X 794460 1233212 958491 1078234 1199511 5263908 5283 5283 10566 799743 1238495 958491 1078234 1199511 5274474 5274474 7722 6638 22393 70428 83086 190267 42627 148274 46567 237468 5702209 1522600 0.92500 0.93550 X PART II, LINE 10 OTHER INCOME PER AUDIT F/S 237,468 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 46 5249.52 1 false 250.00 43848 X false 1358495 300000 171566 1830061 1082608 123120 152767 1358495 923823 75000 83785 1082608 891642 78928 -46747 923823 780076 44668 76898 891642 0.94710 0.05290 false false 14481390 14481390 649357 206514 442843 14924233 LONG TERM LEASE LIABILITY 99635 LEASE LIABILITY 25643 125278 X 1819861 127887 14033 141920 1677941 1677941 1223010 14033 14033 1208977 1208977 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 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, 2025. 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, 2025. X AUCTION PRIZES 1 64350 false true false 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 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 IX, LINE 11G PROFESSIONAL FEES 110,921 8,823 6,302