Civic Intelligence

Valley Land Conservancy

990 • Fiscal year 2017 • EIN 84-1254691

Apr 01, 2016 to Mar 31, 2017 • Filed on Jun 26, 2017

1561 Oxbow DrMontrose, CO 81401

(970) 240-2050

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

61st percentile

0.17x

Higher debt load relative to revenue than 61% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

2nd percentile

-131%

Higher net margin than 2% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

36th percentile

-0.6%

Faster asset growth than 36% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

13th percentile

-20%

Faster revenue growth than 13% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,738,692

Down $9,681 (-0.6%) from 2016

Net Assets

Down

$1,720,879

Down $19,411 (-1.1%) from 2016

Liabilities

Up

$17,813

Up $9,730 (+120%) from 2016

Revenue

Down

$104,648

Down $25,978 (-20%) from 2016

Expenses

Down

$242,235

Down $34,696 (-13%) from 2016

Net Income

Up

-$137,587

Up $8,718 (+6.0%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2012: $1,935,913Liabilities 2012: $3,793Net Assets 2012: $1,932,1202012Assets 2013: $1,895,861Liabilities 2013: $10,782Net Assets 2013: $1,885,0792013Assets 2014: $1,885,225Liabilities 2014: $10,894Net Assets 2014: $1,874,3312014Assets 2015: $1,960,677Liabilities 2015: $6,258Net Assets 2015: $1,954,4192015Assets 2016: $1,748,373Liabilities 2016: $8,083Net Assets 2016: $1,740,2902016Assets 2017: $1,738,692Liabilities 2017: $17,813Net Assets 2017: $1,720,8792017Assets 2018: $1,725,973Liabilities 2018: $3,987Net Assets 2018: $1,721,9862018Assets 2019: $1,657,263Liabilities 2019: $0Net Assets 2019: $1,657,2632019Assets 2020: $1,328,770Liabilities 2020: $0Net Assets 2020: $1,328,7702020

Highlighted filing

2017

Assets$1,738,692
Liabilities$17,813
Net Assets$1,720,879

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2012: $232,977Expenses 2012: $211,874Net Income 2012: $21,1032012Expenses 2013: $288,8822013Revenue 2014: $189,780Expenses 2014: $274,158Net Income 2014: -$84,3782014Revenue 2015: $286,978Expenses 2015: $282,865Net Income 2015: $4,1132015Revenue 2016: $130,626Expenses 2016: $276,931Net Income 2016: -$146,3052016Revenue 2017: $104,648Expenses 2017: $242,235Net Income 2017: -$137,5872017Revenue 2018: $226,359Expenses 2018: $207,959Net Income 2018: $18,4002018Revenue 2019: $31,275Expenses 2019: $107,916Net Income 2019: -$76,6412019Revenue 2020: $54,430Expenses 2020: $112,981Net Income 2020: -$58,5512020

Highlighted filing

2017

Revenue$104,648
Expenses$242,235
Net Income-$137,587
Jump To
Filing Snapshot
Filing Period
Apr 1, 2016 to Mar 31, 2017
Signed
Jun 26, 2017
Return Version
2016v3.0
Gross Receipts
$273,515
Mission and Program Overview

Mission

The mission of the black canyon regional land trust is to serve as a non- political, non-governmental organization that encourages and assists private landowners in preserving and sustaining the rural heritage, natural, and cultural conservation values primarily in the watersheds of the uncompahgre, north fork of the gunnison, and lower gunnison rivers and surrounding areas, for the benefit of the public, today and in perpetuity.

Black canyon regional land trust encourages and assists private landowners to preserve the rural heritage, natural, and cultural conservation of the uncompahgre, north fork, and lower gunnison watersheds of western colorado.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,715,302$1,705,826▼ $9,476
Accounts Receivable-$11,838-
Prepaid Expenses and Deferred Charges$10,438$10,625▲ $187
Cash and Non-Interest-Bearing Accounts$22,143$9,363▼ $12,780
Land, Buildings, and Equipment, Net$490$1,040▲ $550
Total Assets$1,748,373$1,738,692▼ $9,681
Liabilities
Accounts Payable and Accrued Expenses$8,083$17,813▲ $9,730
Total Liabilities$8,083$17,813▲ $9,730
Net Assets / Fund Balance
Unrestricted Net Assets$1,698,195$1,683,426▼ $14,769
Temporarily Rstr Net Assets$42,095$37,453▼ $4,642
Total Net Assets Fund Balance$1,740,290$1,720,879▼ $19,411
Total Liabilities and Net Assets / Fund Balance$1,748,373$1,738,692▼ $9,681

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,040$24,599$25,639

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$1,652,686-▲ $95,086$-99,728$1,648,044
2015$1,706,546$51,000▼ $30,432$-74,428$1,652,686
2014$1,483,546$209,400▲ $111,267$-97,667$1,706,546
2013$1,858,620$88,000-$-463,074$1,483,546
2012$1,932,120---$1,858,620
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom McleodPresident
Adam PetryDirector
Joey BurnsDirector
Robert TracyDirector
Willy KistlerDirector
Fred StemlerSecretary
Steve SmithTreasurer
Pam FugazziVice Preside
Peggy LyonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$22,057
Program Service Revenue
$29,485
Investment Income
$46,815
Other Revenue
$6,291
All Other Contributions
$22,057
Change in Net Assets
$-137,587
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$125,564
Salaries, Compensation, and Employee Benefits$116,671
Total Fundraising Expense$15,099
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$59,984$27,611$7,617$95,212
Fees for Services Management$15,075$15,074$3,350$33,499
Fees for Services Legal$20,021--$20,021
Insurance$12,737$2,066$233$15,036
Other Employee Benefits$8,697$4,003$1,104$13,804
Office Expenses$8,355$3,845$1,061$13,261
Fees for Service Investment Mgmnt Fees-$11,830-$11,830
Fees for Services Accounting-$9,285-$9,285
Fees for Services Other$8,475--$8,475
Payroll Taxes$4,822$2,220$613$7,655
Travel$2,241$1,031$285$3,557
Occupancy$2,205$1,015$280$3,500
Information Technology$1,523$702$193$2,418
Advertising$1,281$590$163$2,034
Depreciation Depletion$473$217$60$750
Conferences and Meetings$183$84$23$290
Other Expenses$175$405$117$175
Total Functional Expenses$147,158$79,978$15,099$242,235
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Beginning in april 2016, black canyon regional land trust (bcrlt) entered into an operating services agreement (the agreement) with mesa county land conservancy, inc., dba: mesa land trust (mlt). Similar to bcrlt, mlt is a land trust engaged in conserving lands through perpetual conservation easements in western colorado. The purpose of the agreement is for mlt to provide support and advice to bcrlt employees and its governing body. Specifically, support and advice, as defined by the agreement, includes: 1) to provide overall collaboration leadership for bcrlt staff; and 2) to assist, review, and coordinate management of finances, board relations, land protection/land stewardship activities, fundraising activities, and communications/community engagement planning. Bcrlt reimburses mlt on an hourly basis at an agreed-upon rate, as outlined in the agreement. The agreement is expected to be a long-term management arrangement and is the result of bcrlt's efforts to control operating costs.

Form 990, Page 6, Part VI, Line 11B

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

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is signed by all board members, employees, and others who may have access to inside information. Each covered person is required to disclose the existence of any actual, potential or perceived conflict of interest, and: (1) to abstain from discussions with others if an actual, potential or perceived conflict of interest exists, unless specifically requested to participate, (2) to absent him/herself 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 interest, 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.

Form 990, Page 6, Part VI, Line 19

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

Filing and Contact Details

Filer

Filer Name
Valley Land Conservancy
EIN
84-1254691
Phone
9702402050
Address
1561 OXBOW DR, MONTROSE, CO 81401
Doing Business As
Black Canyon Regional Land Trust

Signing Officer

Name
Steve Smith
Title
Treasurer
Phone
9702402050
Signed
2017-06-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Mcleod
Formed
1993
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
3
Volunteers
9

Preparer

Firm
Taylor Roth and Company
Address
800 GRANT ST STE 205, DENVER, CO 80203-2944
Preparer
Ken Roth
Phone
3038308109
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the black canyon regional land trust is to serve as a non- political, non-governmental organization that encourages and assists private landowners in preserving and sustaining the rural heritage, natural, and cultural conservation values primarily in the watersheds of the uncompahgre, north fork of the gunnison, and lower gunnison rivers and surrounding areas, for the benefit of the public, today and in perpetuity.

Form 990, Page 1, Part I, Line 6

The board of directors serve in a volunteer capacity.

Financial Statement Notes

Schedule D, Page 1, Part II, Line 5

The organization has a written policy regarding monitoring, inspecting, and enforcing violations of easement agreements.

Schedule D, Page 1, Part II, Line 9

The trust does not assign a value to the conservation easements. The conservation easements are not reported in the assets of the trust.

Schedule D, Page 2, Part V, Line 4

The board has designated a portion of the easement acquisition project fees to support the perpetual stewardship and legal defense of easements. The amounts designated in the stewardship and legal defense funds as of march 31, 2017, are 1,295,909 and 314,682, respectively. Temporarily restricted net assets include amounts restricted by donors for specific purposes. These net assets will be released when the purpose restrictions are accomplished.

Schedule D, Page 3, Part X

The trust has received an internal revenue service exemption from federal income taxes under section 501(c)(3). Accordingly, no provision or liability for income taxes has been provided in the accompanying financial statements.

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IRS990/MissionDesc0THE MISSION OF THE BLACK CANYON REGIONAL LAND TRUST IS TO SERVE AS A NON- POLITICAL, NON-GOVERNMENTAL ORGANIZATION THAT ENCOURAGES AND ASSISTS PRIVATE LANDOWNERS IN PRESERVING AND SUSTAINING THE RURAL HERITAGE, NATURAL, AND CULTURAL CONSERVATION VALUES PRIMARILY IN THE WATERSHEDS OF THE UNCOMPAHGRE, NORTH FORK OF THE GUNNISON, AND LOWER GUNNISON RIVERS AND SURROUNDING AREAS, FOR THE BENEFIT OF THE PUBLIC, TODAY AND IN PERPETUITY.
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IRS990/OfficeExpensesGrp/FundraisingAmt01061
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IRS990/OperateHospitalInd0false
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08697
IRS990/OtherEmployeeBenefitsGrp/TotalAmt013804
IRS990/OtherExpensesGrp/Desc0OTHER
IRS990/OtherExpensesGrp/Desc1TITLE INSURANCE
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0405
IRS990/OtherExpensesGrp/ProgramServicesAmt0911
IRS990/OtherExpensesGrp/ProgramServicesAmt1175
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IRS990/OtherExpensesGrp/TotalAmt1175
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07617
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt027611
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt059984
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0613
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IRS990/PayrollTaxesGrp/ProgramServicesAmt04822
IRS990/PayrollTaxesGrp/TotalAmt07655
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010625
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IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
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IRS990/ProgramServiceRevenueGrp/Desc1AMNDMNT/SPEC MONITORING FEES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt028985
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1500
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYSalariesCompEmpBnftPaidAmt0167121
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IRS990/PYTotalRevenueAmt0130626
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-137587
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt029485
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt022057
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt058523
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt018243
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt010424
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt018878
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0128125
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt041216
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt041002
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt044057
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt044486
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt052984
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0223745
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0465841
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct00.38830
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt010424
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt018878
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0128125
IRS990ScheduleA/TotalSupportAmt0372724
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt09475
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt011379
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt020854
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.97730
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01652686
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01648044
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt095086
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0-99728
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01706546
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt051000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01652686
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-30432
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0-74428
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01483546
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0209400
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01706546
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0111267
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0-97667
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01858620
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt088000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01483546
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0-463074
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0-73500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01932120
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01858620
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01040
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024599
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt025639
IRS990ScheduleD/ExpensesIncurredEnforcementAmt095086
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/ModifiedEasementsCnt02
IRS990ScheduleD/PreservationOpenSpaceInd0X
IRS990ScheduleD/PreservationPublicUseInd0X
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/StaffHoursSpentEnforcementCnt02117.00
IRS990ScheduleD/StatesEasementsHeldCnt01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A WRITTEN POLICY REGARDING MONITORING, INSPECTING, AND ENFORCING VIOLATIONS OF EASEMENT AGREEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE TRUST DOES NOT ASSIGN A VALUE TO THE CONSERVATION EASEMENTS. THE CONSERVATION EASEMENTS ARE NOT REPORTED IN THE ASSETS OF THE TRUST.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE BOARD HAS DESIGNATED A PORTION OF THE EASEMENT ACQUISITION PROJECT FEES TO SUPPORT THE PERPETUAL STEWARDSHIP AND LEGAL DEFENSE OF EASEMENTS. THE AMOUNTS DESIGNATED IN THE STEWARDSHIP AND LEGAL DEFENSE FUNDS AS OF MARCH 31, 2017, ARE 1,295,909 AND 314,682, RESPECTIVELY. TEMPORARILY RESTRICTED NET ASSETS INCLUDE AMOUNTS RESTRICTED BY DONORS FOR SPECIFIC PURPOSES. THESE NET ASSETS WILL BE RELEASED WHEN THE PURPOSE RESTRICTIONS ARE ACCOMPLISHED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3THE TRUST HAS RECEIVED AN INTERNAL REVENUE SERVICE EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3). ACCORDINGLY, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 1, PART II, LINE 5
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 1, PART II, LINE 9
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.02270
IRS990ScheduleD/TotalAcreageCnt053531.00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01040
IRS990ScheduleD/TotalEasementsCnt0340
IRS990ScheduleD/WrittenPolicyMonitoringInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE BLACK CANYON REGIONAL LAND TRUST IS TO SERVE AS A NON- POLITICAL, NON-GOVERNMENTAL ORGANIZATION THAT ENCOURAGES AND ASSISTS PRIVATE LANDOWNERS IN PRESERVING AND SUSTAINING THE RURAL HERITAGE, NATURAL, AND CULTURAL CONSERVATION VALUES PRIMARILY IN THE WATERSHEDS OF THE UNCOMPAHGRE, NORTH FORK OF THE GUNNISON, AND LOWER GUNNISON RIVERS AND SURROUNDING AREAS, FOR THE BENEFIT OF THE PUBLIC, TODAY AND IN PERPETUITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS SERVE IN A VOLUNTEER CAPACITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BEGINNING IN APRIL 2016, BLACK CANYON REGIONAL LAND TRUST (BCRLT) ENTERED INTO AN OPERATING SERVICES AGREEMENT (THE AGREEMENT) WITH MESA COUNTY LAND CONSERVANCY, INC., DBA: MESA LAND TRUST (MLT). SIMILAR TO BCRLT, MLT IS A LAND TRUST ENGAGED IN CONSERVING LANDS THROUGH PERPETUAL CONSERVATION EASEMENTS IN WESTERN COLORADO. THE PURPOSE OF THE AGREEMENT IS FOR MLT TO PROVIDE SUPPORT AND ADVICE TO BCRLT EMPLOYEES AND ITS GOVERNING BODY. SPECIFICALLY, SUPPORT AND ADVICE, AS DEFINED BY THE AGREEMENT, INCLUDES: 1) TO PROVIDE OVERALL COLLABORATION LEADERSHIP FOR BCRLT STAFF; AND 2) TO ASSIST, REVIEW, AND COORDINATE MANAGEMENT OF FINANCES, BOARD RELATIONS, LAND PROTECTION/LAND STEWARDSHIP ACTIVITIES, FUNDRAISING ACTIVITIES, AND COMMUNICATIONS/COMMUNITY ENGAGEMENT PLANNING. BCRLT REIMBURSES MLT ON AN HOURLY BASIS AT AN AGREED-UPON RATE, AS OUTLINED IN THE AGREEMENT. THE AGREEMENT IS EXPECTED TO BE A LONG-TERM MANAGEMENT ARRANGEMENT AND IS THE RESULT OF BCRLT'S EFFORTS TO CONTROL OPERATING COSTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS REVIEW THE FORM 990 PRIOR TO ITS SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY IS SIGNED BY ALL BOARD MEMBERS, EMPLOYEES, AND OTHERS WHO MAY HAVE ACCESS TO INSIDE INFORMATION. EACH COVERED PERSON IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY ACTUAL, POTENTIAL OR PERCEIVED CONFLICT OF INTEREST, AND: (1) TO ABSTAIN FROM DISCUSSIONS WITH OTHERS IF AN ACTUAL, POTENTIAL OR PERCEIVED CONFLICT OF INTEREST EXISTS, UNLESS SPECIFICALLY REQUESTED TO PARTICIPATE, (2) TO ABSENT HIM/HERSELF 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 INTEREST, 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND OTHER DATA ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxExemptBondsInd0false
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IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt037453
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt01738692
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IRS990/TotalAssetsGrp/EOYAmt01738692
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt022057
IRS990/TotalEmployeeCnt03

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