Valley Land Conservancy

“Effective November 1, 2017, the Trust entered into a Collaboration Agreement (Agreement) with Mesa County Land Conservancy, a Colorado nonprofit corporation, doing business as Colorado West Land Trust (MCLC). During the year ended March 31, 2020, the Trust paid $43,137 under this agreement. The parties agreed to cooperate in conservation efforts in their combined geographical areas under MCLCs new assumed name, Colorado West Land Trust.MCLC is responsible for all staffing and functions for executive director, conservation, stewardship (including monitoring), finance and bookkeeping, and administration for both organizations. The Trust will, at least quarterly, transfer any of its income in excess of the amount necessary to satisfy its continuing corporate obligations, as described in the Agreement, to MCLC.The initial term of the Agreement ended April 30, 2019, and the term is automatically extended for additional one-year terms unless one of the parties terminates the Agreement by a notice given 120 days prior to the end of a term. Each party remains a separate nonprofit corporation; holds and enforces the conservation easements held by it; and retains and manages its stewardship funds. New conservation easements in the combined geographical areas will be held by MCLC.”

“Board members review the form 990 prior to its submission to the irs.”

“The conflict of interest policy is signed by all board memebers, employees, and others who may have access to inside inforation. Each covered person is required to disclose the existance of any actual, potential or perceived conflict of interest, and: (1) to abstain from discussions with others if an actual, potential or perceived conflict exists, unless specifically requested to participate, (2) to absent him/herseld from any board or committee discussions involving a conflict of interest, unless requested by the board or committee, (3) to abstain from voting on an issue involving a conflict of intererst, and (4) when requested by the board, to resign until conflict of interest has been resolved. The board has ensured that the conflict of interest policy has been adhered to.”

“Governing documents, financial statements, and other data are made available to the public upon request.”