2023-11-15T15:19:32-06:00 2022-12-31 480567703 KCOE ISOM LLP 828 GREAT NORTHERN BOULEVARD HELENA MT 59601 990 2022-01-01 810506868 PRICKLY PEAR LAND TRUST PRIC 4064420490 PO BOX 892 HELENA MT 596240892 MARY HOLLOW EXECUTIVE DIRECTOR 4064420490 2023-11-15 1 MARY HOLLOW 999009999 0 CINDY UTTERBACK P00102080 4064421040 2023-11-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARY HOLLOW PO BOX 892 HELENA MT 596240892 9481649 0 X WWW.PRICKLYPEARLT.ORG X 1996 MT TO INSPIRE CONNECTIONS TO THE LANDSCAPES, WATER, WILDLIFE, RECREATION AND AGRICULTURAL HERITAGE OF WEST-CENTRAL MONTANA THROUGH CONSERVATION, NOW AND FOR FUTURE GENERATIONS. 13 13 19 444 0 0 3248730 9302770 42774 51988 31015 42220 64173 41908 3386692 9438886 0 0 0 0 601710 764967 0 0 142220 1911411 6869341 2513121 7634308 873571 1804578 7481492 9132777 1379369 1441728 6102123 7691049 X TO INSPIRE CONNECTIONS TO THE LANDSCAPES, WATER, WILDLIFE, RECREATION AND AGRICULTURAL HERITAGE OF WEST-CENTRAL MONTANA THROUGH CONSERVATION, NOW AND FOR FUTURE GENERATIONS. 0 0 6959917 6646 CONSERVATION LAND AND EASEMENT ACQUISITION, ECOLOGICAL RESTORATION, & MONITORING - PLANNINGAND ACQUISITION OF EASEMENTS OR FEE LAND TO PERMANENTLY PROTECT CONSERVATION AND/ORRECREATIONAL VALUES OF SPECIFIC LAND PARCELS. PPLT ALSO ORCHESTRATES ECOLOGICAL RESTORATION EFFORTSON KEY PUBLIC AND PRIVATE LANDS IN CONJUNCTION WITH PRIVATE LANDOWNERS, PUBLIC LAND MANAGEMENTAGENCIES AND OTHER CONSERVATION GROUPS. DURING 2022, PPLT PERFORMED RESTORATION ACTIVITIES ON~600 ACRES OF PRIVATE LAND AND COMPLETED 4 CONSERVATION EASEMENTS IN 2 COUNTIES AND ALONG 4WATERWAYS. 233953 MONTANA ASSOCIATION OF LAND TRUSTS IS A PROGRAM SPONSORED BY PPLT IN CONJUNCTION WITH OTHER MONTANA LAND TRUSTS TO SUPPORT LAND CONSERVATION ACTIVITY IN MONTANA AND EDUCATE THE PUBLIC IN THESE EFFORTS. MALT ACTIVITY INCLUDED ADVOCACY FOR MONTANA LAND TRUSTS AND EDUCATIONAL PROGRAMS. 151005 51988 TRAILS AND PARKS PROGRAM - PLAN DEVELOPMENT, CONSTRUCTION AND MAINTENANCE. THE GROVE PARKWAS COMPLETED AND OPENED IN EAST HELENA. BARKING DOG TRAIL REROUTE COMPLETED ON USFS LANDS.PARK AND TRAIL MAINTENANCE CONTINUED IN HELENA'S SOUTH HILLS AND AT TENMILE CREEK PARK. OVERONE THOUSAND HOURS OF CONTRACT AND VOLUNTEER HOURS WERE RECORDED IN CONSTRUCTION ANDMAINTENANCE ACTIVITIES. 7344875 1 1 0 1 0 0 1 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 15 0 1 19 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 0 0 1 0 0 0 1 1 1 1 0 1 1 1 0 X THE ORGANIZATION 4064420490 PO BOX 892 HELENA MT 596240892 DAWN NORTH DIRECTOR 1.00 X 0 0 0 DENNIS MILBURN DIRECTOR 1.00 X 0 0 0 JIM UTTERBACK DIRECTOR 1.00 X 0 0 0 JOHN BEAVER DIRECTOR 1.00 X 0 0 0 JOHN TIETZ PRESIDENT 8.00 X X 0 0 0 PAULA JACQUES TREASURER 4.00 X X 0 0 0 SARAH JAEGER DIRECTOR 1.00 X 0 0 0 TYRRELL HIBBARD DIRECTOR 1.00 X 0 0 0 JEANNIE ETCHART DIRECTOR 1.00 X 0 0 0 ELIZA FRAZER SECRETARY 4.00 X X 0 0 0 JOHN DORAN DIRECTOR 1.00 X 0 0 0 BILL SHROPSHIRE DIRECTOR 1.00 X 0 0 0 PAM BUCY DIRECTOR 1.00 X 0 0 0 MARY HOLLOW EXECUTIVE DIRECTOR 40.00 X 120000 0 8112 120000 0 8112 1 0 0 0 0 7189 263016 99600 2339143 6593822 4432137 9302770 TRAILS CONTRACT 811000 51988 51988 51988 42019 42019 6000 0 6000 6000 6000 201 0 201 201 201 66897 99600 43563 23334 23334 11128 -800 11928 11928 MISCELLANEOUS 900099 646 646 646 9438886 58634 0 77482 126912 98812 11670 16430 518676 401797 48429 68450 8306 6613 529 1164 56781 44023 5278 7480 54292 42112 5035 7145 66495 25441 33666 7388 46368 18163 9333 18872 14295 6880 7127 288 6407 2229 1882 2296 17550 16497 351 702 LAND & EASEMENT ACQUISI 6337235 6337235 PROGRAM COSTS 313104 312997 107 MISCELLANEOUS 53986 18175 23806 12005 PROPERTY TAXES & TITLE 13901 13901 7634308 7344875 147213 142220 1043849 775556 280697 120000 1600 287782 754 1554 8220 684060 70906 630704 613154 3002135 4804758 2521753 2521753 7481492 9132777 65407 90321 1313962 1351407 1379369 1441728 X 5691195 6103326 410928 1587723 6102123 7691049 7481492 9132777 1804578 -215652 0 X X 0 1 X 1 1 1 X 1062734 3043499 3482692 3248730 9302770 20140425 1062734 3043499 3482692 3248730 9302770 20140425 594174 19546251 12584 14619 12351 26387 42019 107960 2353 2324 31425 6172 646 42920 20291305 680959 0.96330 0.98540 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REIMBURSEMENTS/OTHER - 2018 AMOUNT: $ 2,353. 2019 AMOUNT: $ 2,324. 2020 AMOUNT: $ 1,753. 2021 AMOUNT: $ 6,172. 2022 AMOUNT: $ 646. INSURANCE PROCEEDS - 2020 AMOUNT: $ 29,672. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 25085 25085 7467003 7492088 524604 131151 0 0 275554 271655 270846 524604 1342659 2013989 10319 7223 25085 42627 68889 67914 67712 131151 335666 503499 2684 2684 X X X 26 16778.00 1 0 1 1 298.00 10343 0 0 1060285 100000 -143418 1016867 409036 611040 40209 1060285 470464 32000 36522 129950 409036 405126 75290 5573 4379 470464 127311 307836 -23379 5081 1561 405126 1.00000 0 0 650000 40625 609375 22522 18743 3779 11538 11538 0 613154 CONSERVATION LAND HELD FOR RESALE 2521753 2521753 8918249 -215652 19176 42763 -153713 9071962 366924 366924 9438886 7462294 19176 42762 61938 7400356 233952 233952 7634308 PART II, LINE 5: EASEMENTS ARE MONITORED ANNUALLY. COSTS OF THIS EFFORT ARE FUNDED THROUGH PPLT'S STEWARDSHIP POLICY, REQUIRING CONSERVATION EASEMENT DONORS TO CONTRIBUTE TO PPLT'S STEWARDSHIP FUND TO SUPPORT FUTURE MONITORING AND ENFORCEMENT. PPLT ALSO PARTICATES IN AN INSURANCE PROGRAM SPONSORED BY THE LAND TRUST ALLIANCE TO ENABLE ITSELF TO RESPOND TO CHALLENGES BROUGHT AGAINST IT. PPLT MAINTAINS AN ADDITIONAL ACCOUNT WITH FUNDS RESERVED FOR THIS PURPOSE. THE 2022 BALANCE WAS $100,267. PART II, LINE 9: CONTRIBUTED EASEMENTS ARE REPORTED AT FAIR VALUE BASED ON A QUALIFIED APPRAISAL, LESS ANY CASH SETTLEMENT, WITH AN EQUIVALENT EXPENSE RECORDED. PURCHASED EASEMENTS ARE REPORTED AT FAIR VALUE INCLUDING ANY CONTRIBUTION ELEMENT, WITH AN EQUIVALENT EXPENSE RECORDED. PART V, LINE 4: THE PURPOSE OF THE BOARD-DESIGNATED ENDOWMENT IS TO ACCUMULATE FUNDS TO SUPPORT THE LONG-TERM ABILITY OF THE ORGANIZATION TO ACCOMPLISH THE ORGANIZATION'S EXEMPT PURPOSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES NETTED FROM EVENT PROCEEDS 43,562. COGS NETTED FROM SALES -800. ROUNDING 1. PART XI, LINE 4B - OTHER ADJUSTMENTS: MALT REVENUE NOT CONSOLIDATED FOR GAAP FINANCIAL STATEMENTS 366,924. PART XII, LINE 2D - OTHER ADJUSTMENTS: EVENT EXPENSES NETTED WITH EVENT PROCEEDS 43,562. COST OF GOODS SOLD NETTED TO REVENUE -800. PART XII, LINE 4B - OTHER ADJUSTMENTS: MALT EXPENSES NOT CONSOLIDATED FOR GAAP FINANCIAL STATEMENTS 233,952. DON'T FENCE ME IN TRAIL RUN 118397 51500 66897 6563 1578 21500 GOLDEN HOUR 28600 28600 3332 5916 2898 1 19500 19500 127 1649 166497 99600 66897 9895 7621 26047 43563 23334 X 4 4432137 APPRAISAL 0 0 0 PART I, LINE 33: IN 2022, PPLT ACQUIRED FOUR EASEMENTS FOR A TOTAL OF 5,401 ACRES. ONE OF THESE RANCHES IS LOCATED IN LEWIS AND CLARK COUNTY, MONTANA ON 3,905 ACRES PROTECTING AGRICULTURAL LANDS AND WILDLIFE HABITAT INCLUDING 5 MILES OF THE MISSOURI RIVER. THIS EASEMENT HAD AN APPRAISED VALUE OF $4,755,000 OF WHICH $2,933,062 WAS CONTRIBUTED BY THE LANDOWNER AND THE BALANCE OF $1,821,938 WAS FUNDED BY LEWIS AND CLARK COUNTY OPEN SPACE BOND. THREE OF THESE RANCHES ARE LOCATED IN BROADWATER COUNTY, MONTANA PRESERVING AGRICULTURAL LANDS AND WILDLIFE HABITAT. ONE OF THESE LOCATED IN TOSTON, MONTANA, WITH 713 ACRES HAD AN APPRAISED EASEMENT VALUE OF $996,000 OF WHICH $422,770.68 WAS CONTRIBUTED BY THE LANDOWNER AND THE BALANCE OF $573,229.32 WAS FUNDED BY A FEDERAL GRANT. ANOTHER EASEMENT LOCATED JUST SOUTH OF TOWNSEND, MONTANA WITH 446 ACRES HAD AN APPRAISED EASEMENT VALUE OF $1,310,000 OF WHICH $587,009 WAS CONTRIBUTED BY THE LANDOWNER AND THE BALANCE OF $722,991 FUNDED BY A FEDERAL GRANT. THE THIRD IN BROADWATER CO. WITH 337 ACRES HAD AN APPRAISED EASEMENT VALUE OF $899,000 OF WHICH $489,294.44 WAS CONTRIBUTED BY THE LANDOWNER AND THE BALANCE OF $409,705.56 FUNDED BY A FEDERAL GRANT. FORM 990, PART VI, SECTION A, LINE 6 THE BYLAWS PROVIDE FOR MEMBERSHIP IN THE ORGANIZATION IN CLASSES OR OTHER ARRANGEMENT SPECIFIED BY THE GOVERNING BODY, BUT DO NOT CREATE A MEMBERSHIP ORGANIZATION UNDER MONTANA LAW. THE BYLAWS PROVIDE FOR AN ANNUAL INFORMATIONAL MEMBERSHIP MEETING AT THE DISCRETION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B COMMITTEES PERFORM INITIAL REVIEW AND PROPOSE RECOMMENDATIONS TO THE BOARD OF DIRECTORS, WHICH HAS DECISION-MAKING AUTHORITY FOR THE ORGANIZATION. THIS PROCESS IS DOCUMENTED IN MINUTES OF THE ORGANIZATION ON AN ONGOING BASIS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE FINANCE COMMITTEE AND ALL BOARD MEMBERS ARE PROVIDED A COPY OF THE RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY. BOARD MEMBERS RECEIVE TRAINING IN THIS AND OTHER POLICIES AND CONFLICTS ARE DISCLOSED IF THEY ARISE. BOARD MEMBERS ARE REMINDED TO ABSTAIN FROM VOTING ON MATTERS IN WHICH A CONFLICT EXISTS. POTENTIAL CONFLICTS IDENTIFIED ARE EVALUATED TO DETERMINE WHETHER A CONFLICT EXISTS UNDER THE ADOPTED POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD PERIODICALLY REVIEWS SALARY SURVEY INFORMATION OBTAINED FROM SIMILAR SMALL LAND TRUSTS AND OTHER SOURCES AS PART OF THE BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY & AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. PART XII FINANCIAL STATEMENTS AND REPORTING; LINE 2C; THERE HAVE BEEN NO CHANGES TO THE AUDIT COMMITTEE'S OVERSIGHT OR SELECTION PROCESS.