Yampa Valley Land Trust Inc

“Form 990, part iii, line 1: yampa valley land trust conserves natural, scenic, agricultural, historic and other important public and private open land resources in northwest colorado, including, but not limited to, routt, moffat, jackson and rio blanco counties with a focus on the upper yampa river basin in routt county and the upper white river basin in rio blanco county, for the benefit of this and future generations and with a commitment to uphold and defend the conservation easements that it accepts. Yvlt was incorporated in 1992 and has conserved over 56,000 acres with perpetual conservation easements. Yvlt has the ongoing responsibility to steward, monitor and uphold the terms of the conservation easements that it holds. Yvlt's board of directors has designated restricted endowment funds for specific purposes and consequently, these funds are not available for general operations. Most of these funds are set aside in the stewardship fee and endowment fund that generates interest to assist with the perpetual responibility of annually monitoring and defending the conservation easements that the organization holds. Yvlt has worked diligently to secure grants totaling over $27.6 million specifically for the bargain-sale purchase of conservation easements from local, state and national sources. However, it is only with the financial support from individuals making cash contributions that allows yvlt to fund the staff and overhead necessary to research, negotiate and facilitate conservation easement transactions, which also includes writing and securing the grants which are,specifically directed to the purchase of conservation easements.”

“The 2019 form 990 was prepared after the yampa valley land trust, inc. Merged into yampa valley land trust llc. (see schedule n.)”

“The yampa valley board of directors compared salary information that has been collected for similar positions in similar communities. The board then met in executive session to discuss and vote on changes to yvlt's executive director's compensation. All approved changes were reflected in the yvlt operating budget which was reviewed and approved annually and then documented in the respective yvlt board meeting minutes.”

“Board members are required to disclose annually in writing any conflict of interest and in the event it pertains to any decisions.”

“On october 1, 2019, yampa valley land trust inc merged into yampa valley land trust, llc, a single member limited liability company with the colorado cattlemen's agricultural land trust as its sole member. See schedule n for additional information.”