2024-02-16T13:43:44-06:00 2023-09-30 390758449 WIPFLI LLP 105 E PINE ST UPPER FLOOR MISSOULA MT 59802 990 2022-10-01 742138785 JACKSON HOLE LAND TRUST JACK 3077334707 PO BOX 2897 JACKSON WY 83001 DEREK SCHAEFER CFO 3077334707 2024-02-16 1 DEREK SCHAEFER XXX-XX-XXXX 1 SAM BRUNSON CPA P01696998 4067281800 2024-02-15 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z DEREK SCHAEFER PO BOX 2897 JACKSON WY 83001 11344384 0 X JHLANDTRUST.ORG X 1980 WY THE JACKSON HOLE LAND TRUST (JHLT) IS A NONPROFIT THAT WAS ESTABLISHED IN 1980. THE LAND TRUST'S MISSION IS TO PROTECT AND STEWARD NORTHWEST WYOMING LANDSCAPES FOR CURRENT AND FUTURE GENERATIONS. THE LAND TRUST ENVISIONS A LEGACY OF RESILIENT OPEN SPACES, WILDLIFE HABITAT, WORKING LANDS AND COMMUNITY SPACES, FOREVER PROTECTED ACROSS NORTHWEST WYOMING. 21 21 21 50 1762 0 6211141 4574726 44862 50313 1251304 625644 15064 24411 7522371 5275094 80556 70011 0 0 1540772 1765128 0 0 498525 3411458 2512107 5032786 4347246 2489585 927848 34929001 36854609 1198025 1016467 33730976 35838142 X THE JACKSON HOLE LAND TRUST (JHLT) IS A NONPROFIT THAT WAS ESTABLISHED IN 1980. THE LAND TRUST'S MISSION IS TO PROTECT AND STEWARD NORTHWEST WYOMING LANDSCAPES FOR CURRENT AND FUTURE GENERATIONS. THE LAND TRUST ENVISIONS A LEGACY OF RESILIENT OPEN SPACES, WILDLIFE HABITAT, WORKING LANDS AND COMMUNITY SPACES, FOREVER PROTECTED ACROSS NORTHWEST WYOMING. 0 0 2242933 0 0 PROTECTION DEPARTMENT: THE JHLT WORKS WITH LANDOWNERS TO PROTECT LAND FOR CONSERVATION PURPOSES INCLUDING OPEN SPACES, HISTORIC RANCHING, WILDLIFE HABITAT AND CORRIDORS, AND SCENIC CORRIDORS. DURING THE YEAR THE JHLT PROTECTED 3,893 ACRES THROUGH TWO CONSERVATION EASEMENTS. TO DATE THE JHLT HAS HELPED TO PROTECT OVER 61,000 ACRES IN AND AROUND JACKSON HOLE AND THE GREATER NORTHWEST WYOMING. 545307 70011 50313 COMMUNITY CONSERVATION AND PUBLIC OUTREACH AND EDUCATION: THE JHLT EDUCATES THE PUBLIC AND LANDOWNERS ABOUT OUR WORK TO PROTECT CONSERVATION VALUES ON PRIVATE LANDS THROUGH EASEMENTS. THIS IS DONE THROUGH LETTERS, PUBLICATIONS, OUR WEBSITE, AND EMAIL LIST, IN THE PRESS, PROFESSIONAL SEMINARS, PHONE CALLS, FIELD TRIPS AND EVENTS ON EASEMENT-PROTECTED PROPERTIES SUCH AS R PARK, AND ONE-ON-ONE MEETINGS, BOTH IN JACKSON AND WITH DONORS IN CITIES AROUND THE U.S. THE LAND TRUST FORMED A WYLD (WYOMING LEADERS & DISCOVERERS) MEMBERSHIP WITH OVER 100 MEMBERS, AS ANOTHER MEANS OF OUTREACH TO THE COMMUNITY. THE LAND TRUST ALSO GRANTED $68,011 TO A RELATED NONPROFIT ORGANIZATION FOR THE PURPOSE OF IMPROVING AND MAINTAINING LAND OWNED BY THE RELATED NONPROFIT ORGANIZATION AND CURRENTLY PROTECTED BY A CONSERVATION EASEMENT HELD BY JHLT. THE LAND TRUST GRANTED $2,000 TO OTHER NONPROFIT ORGANIZATIONS. 510192 0 0 STEWARDSHIP DEPARTMENT: THE JHLT'S STEWARDSHIP DEPARTMENT IS RESPONSIBLE FOR ACTIVELY MONITORING AND ENFORCING THE CONSERVATION EASEMENTS THAT THE LAND TRUST HOLDS AND STEWARDING THE PROPERTIES THAT THE JHLT HOLDS IN FEE. THE JHLT WORKS TO UPHOLD THE CONSERVATION VALUES ON EASEMENT-PROTECTED AND FEE PROPERTIES ON OVER 61,000 ACRES OF LAND IN NORTHWEST WYOMING. 3298432 1 1 0 0 0 0 1 0 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 34 0 1 21 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 AK AL AR CA CO CT DC FL GA HI IL KS KY MD MA ME MI MN MS ND NH NJ NM NY NC NV OH OK OR PA RI SC TN UT VA WA WV WI X SHAWN SMITH 3077334707 690 US-89 SUITE 101 PO BOX 2987 JACKSON WY 83001 SHAWN SMITH CHAIR 4.00 0.00 X X 0 0 0 LORI FIELDS VICE CHAIR 3.00 0.00 X X 0 0 0 MIKE FENN 2ND VICE CHAIR 3.00 0.00 X X 0 0 0 MICHAEL SCHROTZ SECRETARY 3.00 1.00 X X 0 0 0 KELLY DAVIS TREASURER 3.00 0.00 X X 0 0 0 ROBERT PETERS DIRECTOR 3.00 1.00 X 0 0 0 PATTI STANCARONE DIRECTOR 3.00 1.00 X 0 0 0 MARION MUSSAFER DIRECTOR 3.00 1.00 X 0 0 0 HAL WHEELER DIRECTOR 3.00 1.00 X 0 0 0 EMILE Z NEWMAN DIRECTOR 2.00 0.00 X 0 0 0 AMY STAEHR DIRECTOR 2.00 0.00 X 0 0 0 JAN DAVIS DIRECTOR 2.00 0.00 X 0 0 0 DES JENNINGS DIRECTOR 2.00 0.00 X 0 0 0 LINDSAY WILCOX DIRECTOR 2.00 0.00 X 0 0 0 CODY LOCKHART DIRECTOR 2.00 0.00 X 0 0 0 ALEX MUROMCEW DIRECTOR 2.00 0.00 X 0 0 0 ANITA MILES DIRECTOR 2.00 0.00 X 0 0 0 SONJA RIFE DIRECTOR 2.00 0.00 X 0 0 0 MARK FISHER DIRECTOR 2.00 0.00 X 0 0 0 GEORGE PUTNAM DIRECTOR 2.00 0.00 X 0 0 0 MEKKI JAIDI DIRECTOR 2.00 0.00 X 0 0 0 MAXWELL LUDINGTON PRESIDENT 40.00 1.00 X 171173 0 22588 ELIZABETH LONG VICE PRESIDENT 40.00 0.00 X 132240 0 23368 DEREK SCHAEFER COO/CFO 40.00 1.00 X 106961 0 15792 410374 0 61748 3 0 1 0 0 11815 755158 3807753 462368 4574726 COMMUNITY EVENTS 713990 50313 50313 50313 645330 645330 1048 1048 31551 8188 23363 23363 1762 21601 6037541 3875 6060026 1076 -22485 2799 -19686 -19686 5275094 50313 1762 648293 70011 70011 472334 315707 63388 93239 983213 657180 131947 194086 14514 9702 1947 2865 191289 127858 25671 37760 103778 69365 13927 20486 21511 9838 11673 58023 58023 111223 111223 32464 15241 3473 13750 20014 14232 5782 84729 43270 22856 18603 57552 19082 12644 25826 106082 85112 7633 13337 15705 971 14734 18010 18010 25242 19219 1966 4057 125834 94863 10108 20863 48923 24188 23151 1584 EASEMENT PURCHASES 1470000 1470000 COMMUNITY OUTREACH 224942 171983 6700 46259 PROTECTION SERVICES 52775 52775 STEWARDSHIP 24741 24741 14337 3094 11215 28 4347246 3298432 550289 498525 1454350 203755 3788157 337947 5834085 5021253 977814 1294646 18385 21408 4272195 597425 3714824 3674770 15002385 22196743 4139001 4104087 34929001 36854609 309716 292494 888309 688473 0 35500 1198025 1016467 X 23864123 24952887 9866853 10885255 33730976 35838142 34929001 36854609 927848 1179318 0 X X 0 1 X 1 1 1 X 14116005 4752666 11650989 6211140 4574726 41305526 14116005 4752666 11650989 6211140 4574726 41305526 12328817 28976709 460913 588971 551665 665570 667979 2935098 -62 -1013 -1067 364 1762 -16 21629 21312 21400 29900 94241 44334849 50313 0.65360 0.71020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 300 60383.00 10 2 1 6800.00 510192 5061787 120843 478696 205367 5455959 18458546 1723245 -3112502 1570624 120392 15378273 14057040 5168007 551665 1208781 109385 18458546 13210499 2286216 580109 1932194 87590 14057040 13743518 31042 564061 13210499 1.00000 0 0 1505978 1505978 2419259 380719 2038540 346958 216706 130252 3674770 LAND HELD FOR CONSERVATION PURPOSES 3768665 CHARITABLE REMAINDER UNITRUST RECEIVABLE 180703 CASH SURRENDER VALUE OF LIFE INSURANCE 112355 RIGHT OF USE ASSET 34500 ESCROW FUNDS 3500 CONSTRUCTION IN PROGRESS 3064 RENT DEPOSIT 1300 4104087 LEASE LIABILITY (ON RIGHT OF USE ASSET) 34500 SECURITY DEPOSIT 1000 35500 PART II, LINE 3: EASEMENT AMENDMENTS INCLUDE BUILDING ENVELOPE ADJUSTMENTS, AMENDMENTS DUE TO IRS NOTICE 2023.30, AND REAFFIRMING EASEMENT TERMS. PART II, LINE 5: IN ORDER TO SUCCESSFULLY FULFILL THE RESPONSIBILITIES AND LEGAL OBLIGATIONS ASSOCIATED WITH STEWARDING A CONSERVATION EASEMENT IN PERPETUITY, THE LAND TRUST MUST PREPARE FOR INEVITABLE CHALLENGES TO THE LEGAL ASPECTS OF THE EASEMENT, WHILE PROTECTING THE CONSERVATION VALUES INHERENT TO THE PROPERTY THAT ARE INTENDED TO BE CONSERVED. THE JHLT SHALL ACHIEVE THIS THROUGH SOUND EASEMENT DRAFTING, ONGOING OWNER RELATIONS, AND ANNUAL MONITORING OF PROPERTIES THAT SUPPORT A THREE-PART ENFORCEMENT STRATEGY OF VIOLATION PREVENTION, VIOLATION CLASSIFICATION, AND GUIDELINES FOR VIOLATION RESPONSE. PART II, LINE 9: THE LAND TRUST RECEIVES GIFTS OF EASEMENTS AND, IN ADDITION, PURCHASES EASEMENTS. THESE EASEMENTS REPRESENT RESTRICTIONS OVER THE USE AND DEVELOPMENT OF LAND NOT OWNED BY THE LAND TRUST. PRIOR TO SEPTEMBER 30, 2006, THE LAND TRUST RECORDED AN ESTIMATE OF VALUE FOR DONATED EASEMENTS AND THE ORIGINAL PURCHASE PRICE FOR PURCHASED EASEMENTS. DUE TO THE UNCERTAINTY OF VALUING DONATED EASEMENTS, BEGINNING IN OCTOBER 2006 THE ORGANIZATION ONLY RECORDS PURCHASED EASEMENTS AT THE ORIGINAL PURCHASE PRICE AT THE DATE OF PURCHASE. THE LAND TRUST MONITORS ACTIVITIES ON THE LAND AND ENFORCES RESTRICTIONS CONTAINED IN BOTH DONATED AND PURCHASED EASEMENTS. ONE CONSERVATION EASEMENT WAS DONATED TO THE LAND TRUST DURING THE YEAR ENDED SEPTEMBER 30, 2023, AND ONE CONSERVATION EASEMENT WAS PURCHASED DURING THE YEAR ENDED SEPTEMBER 30, 2023 FOR A TOTAL ACQUISITION COST OF $1,470,000. PART V, LINE 4: FUNDS ARE BOARD-DESIGNATED NET ASSETS WHICH ARE NOT SUBJECT TO DONOR RESTRICTIONS. $4,465,638 HAS BEEN SET ASIDE TO FUND OPERATIONS AND $990,321 HAS BEEN SET ASIDE FOR COMMUNITY CONSERVATION. PART II, LINE 6 AND 7: TOTAL STAFF HOURS DEVOTED TO MONITORING AND ENFORCING NEW OR EXISTING CONSERVATION EASEMENT DURING THE YEAR AMOUNTED TO 6,800 HOURS. A LIST OF EXPENSES DEVOTED TO SUCH ACTIVITIES DURING THE PERIOD OF 10/1/22 TO 9/30/23 IS AS FOLLOWS: STAFF PERSONNEL COSTS TOTALING $335,177 AND OPERATING EXPENSES INCLUDING TRAVEL, DEPRECIATION, FACILITY, INSURANCE, OFFICE, EXPENSE, PROFESSIONAL SERVICES, PUBLIC OUTREACH, AND OTHER STEWARDSHIP EXPENSES IN THE AMOUNT OF $175,015. PART V, LINE 1A: IN PREVIOUS YEARS, BOARD-DESIGNATED FUNDS THAT RESEMBLE QUASI-ENDOWMENTS WERE INCLUDED IN THESE FIGURES. DURING PREPARATION OF THE 2022 FORM 990, WE DETERMINED THAT FUNDS WITHOUT A FORMAL SPENDING POLICY SHOULD NOT BE REPORTED AS QUASI-ENDOWMENTS. $10,316,486 OF THESE FUNDS WERE REMOVED FROM THE BEGINNING BALANCE ON THE 2022 FORM 990. 1 RENDEZVOUS LANDS CONSERVANCY PO BOX 6430 JACKSON WY 83002 454050415 501(C)(3) 68011 0 TO IMPROVE LAND CONSERVATION. 1 0 PART I, LINE 2: JHLT CONTROLS RENDEZVOUS LANDS CONSERVANCY AND ACCORDINGLY MONITORS HOW THE LAND IMPROVEMENTS ARE UTILIZED. X X 0 0 0 0 0 0 0 1 0 MAXWELL LUDINGTON PRESIDENT 160846 0 10327 0 0 0 3207 0 19381 0 193761 0 0 0 ELIZABETH LONG VICE PRESIDENT 128885 0 3355 0 0 0 2412 0 20956 0 155608 0 0 0 PART I, LINE 7 THE JHLT DETERMINES BONUSES FOR EMPLOYEES NEAR THE END OF THE FISCAL YEAR, INCLUDING BONUSES FOR OFFICERS. BONUSES ARE BASED ON MERIT AND ARE NOT CONTINGENT ON REVENUES OR NET EARNINGS. X 13 79526 FMV X 1 367500 APPRAISAL X MISC. SUPPLIES 7 15342 COST 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS IS REPORTED IN PART I, COLUMN B. PART I, LINE 33: NO REVENUE IS REPORTED IN CONNECTION WITH CONTRIBUTED CONSERVATION EASEMENTS, UNLESS THERE IS A BARGAIN PUCHASE COMPONENT, BECAUSE THEY HAVE NO RE-SALE VALUE AND THEREFORE ARE NOT REFLECTED AS ASSETS OR REVENUE ON THE ORGANIZATION'S BOOKS. THERE WAS ONE CONTRIBUTED EASEMENTS DURING THE YEAR ENDED 09/2023. THERE WAS ONE PURCHASED EASEMENT WITH A BARGAIN/DISCOUNTED PRICE PROVIDED BY THE LANDOWNER. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW. THE FINANCE COMMITTEE THEN TAKES THE 990 TO THE FULL BOARD FOR APPROVAL BEFORE THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY SHALL APPLY TO THE FOLLOWING PERSONS: MEMBERS OF THE BOARD OF DIRECTORS; MEMBERS OF THE ADVISORY COUNCIL; MEMBERS OF ANY COMMITTEE OR ADVISORY GROUP CREATED BY JHLT WHO ARE NOT MEMBERS OF THE BOARD OF DIRECTORS, ADVISORY COUNCIL, OR STAFF; ANY PERSON WHO HAS WITHIN (5) YEARS OF THE DATE OF ANY TRANSACTION WITH RESPECT TO WHICH CONFLICT OF INTEREST IS BEING DETERMINED, CONTRIBUTED $5,000 OR MORE, 2% OF THE JHLT'S ANNUAL RECEIPTS OR MORE, WHICHEVER IS LESS; MEMBERS OF THE FAMILY OF ANY OF THE FOREGOING, AND BUSINESS ASSOCIATES OF ANY OF THE FOREGOING; AND OTHER PERSON WITH INFORMATION NOT AVAILABLE TO THE PUBLIC THAT IS RELEVANT TO A TRANSACTION. THE BOARD CHAIR OR PRESIDENT, WITH INPUT FROM RELEVANT COMMITTEE MEMBERS, IF APPLICABLE, SHALL REVIEW ALL CONFLICTS AND DETERMINE WHETHER A CONFLICT EXISTS. THE CONFLICTED PERSON MAY NOT PARTICIPATE IN THE DISCUSSION OR VOTE ON ANY TRANSACTIONS WITH RESPECT TO WHICH THEY HAVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD CHAIR REVIEWS AND APPROVES THE PRESIDENT'S COMPENSATION IN AN ANNUAL MEETING WITH THE PRESIDENT. KEY EMPLOYEE COMPENSATION IS REVIEWED ANNUALLY AND APPROVED BY THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS OF THE JACKSON HOLE LAND TRUST ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE LAND TRUST'S OFFICE. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. RENDEZVOUS LANDS CONSERVANCY PO BOX 6430 JACKSON WY 83002 454050415 LAND CONSERVATION WY 501(C)(3) 509(A)(3) JACKSON HOLE LAND TRUST 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 RENDEZVOUS LANDS CONSERVANCY B 68011 CASH PAYMENT RENDEZVOUS LANDS CONSERVANCY D 2466 DUE FROM RLC RENDEZVOUS LANDS CONSERVANCY E 22628 DUE TO RLC RENDEZVOUS LANDS CONSERVANCY O 316514 SHARED WAGES