2018-06-19T15:44:42-05:00 2017-12-31 410746749 CLIFTONLARSONALLEN LLP 300 CROWN COLONY DRIVE SUITE 310 QUINCY MA 02169 990 2017-01-01 131671529 UNITED STATES SAILING ASSOCIATION INC UNIT 4013427900 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 DONNA M KANE DIRECTOR OF FINANCE 4013427900 2018-06-12 1 HEMALI PATEL P01337292 6179848100 67.137.57.251 2018-06-12 13:02:24 ED P 1A53DBAE8AE3BFC29E9AECF52760C2CD4F90396B 9EB2786B3EC6AF35018D7997716D9ABE495A2698 2017 2018-06-14 16:35:46Z X BYRON J GIERHART JR 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 12217495 0 X WWW.USSAILING.ORG X 1897 NY TO ENCOURAGE PARTICIPATION IN THE SPORT OF SAILING AND TO PROMOTE SAILBOAT RACING IN THE U.S.A. 12 12 57 400 0 0 4284280 5094904 6759070 3942820 77951 158527 524718 472056 11646019 9668307 367041 175462 0 0 3860305 4316893 0 0 529855 6222680 6423272 10450026 10915627 1195993 -1247320 9617996 9670538 2555841 3526163 7062155 6144375 X THE ORGANIZATION'S MISSION IS TO ENCOURAGE PARTICIPATION IN THE SPORT OF SAILING THROUGH VOLUNTEERS AND MEMBER ORGANIZATIONS AND TO GOVERN, PROMOTE AND REPRESENT SAILBOAT RACING IN THE U.S.A. 0 1 3755450 70044 1592960 OLYMPIC PROGRAM - TRAINING AND SUPPORT OF TEAMS AND INDIVIDUALS PREPARING FOR OLYMPIC AND PARALYMPIC COMPETITIONS. SUPPORT INCLUDES COACHING, HEALTH AND NUTRITION COUNSELING, PHYSICAL AND PSYCHOLOGICAL STRENGTHENING, LOGISTICS AND WEATHER FORECASTING SUPPORT. 3025119 56422 1283174 TRAINING & KEELBOAT PROGRAMS - TRAINING AND CERTIFICATION OF INSTRUCTORS FOR BEGINNING, INTERMEDIATE AND ADVANCED SAILING CLASSES PROVIDED THROUGHOUT THE U.S. FOR LEARN-TO-SAIL PROGRAMS, KEELBOAT AND CRUISING PROGRAMS, LEARN-TO-RACE PROGRAMS AND POWERBOAT PROGRAMS, WITH A GOAL OF PROMOTING PARTICIPATION IN BOATING AND ON-WATER ACTIVITIES. THESE SERVICES ARE ALSO CONDUCTED IN ASSOCIATION WITH VARIOUS INTERNATIONAL SAIL TRAINING ORGANIZATIONS. 2626920 48996 1114268 SUPPORTING PROGRAMS - DISSEMINATION OF NEWS AND ACTIVITIES THROUGHOUT THE SAILING COMMUNITY VIA SOCIAL MEDIA CHANNELS, PODCASTS, WEBSITE, AND ANNUAL REPORT TO MEMBERS. DESIGNING AND SCHEDULING COURSES AND MATERIALS. INDUSTRY SUPPORT THROUGH SEMINARS AND OTHER VENUES. MEMBERSHIP ACQUISITION AND FULFILLMENT. 9407489 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 226 0 57 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 RI NH CT OR NY CO MI CA FL MA MD IL ME MS NJ NC OH VA X X X DONNA KANE 4013427921 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 BRUCE BURTON PRESIDENT 1.00 1.00 X X 0 0 0 CORY SERTL VICE PRESIDENT 1.00 X X 0 0 0 STEVE FREITES TREASURER 1.00 X X 0 0 0 MARTINE ZURINSKAS SECRETARY 1.00 X X 0 0 0 SALLY BARKOW DIRECTOR 1.00 X 0 0 0 CLERC COOPER DIRECTOR 1.00 X 0 0 0 TARASA DAVIS DIRECTOR 1.00 X 0 0 0 RUSSELL LUCAS DIRECTOR 1.00 X 0 0 0 GARY GILBERT DIRECTOR 1.00 X 0 0 0 DAVE PERRY DIRECTOR 1.00 X 0 0 0 JAMES WALSH DIRECTOR 1.00 X 0 0 0 RON WHITE DIRECTOR 1.00 X 0 0 0 BYRON J GIERHART JR CEO 37.50 1.00 X 214273 0 17272 MALCOLM PAGE OLYMPIC SAILING MANAGING DIRECTOR 37.50 X 149688 0 4584 JAMES CAMPBELL CHIEF BUSINESS OFFICER 37.50 X 121556 0 3666 LUTHER CARPENTAL COACH 37.50 X 102675 0 5144 JEFFREY KERINS IT MANAGER 37.50 X 120968 0 9848 DANIEL COONEY CHIEF MARKETING OFFICER 37.50 X 126444 0 6322 GEORGIA MCDONALD MANAGING DIRECTOR FOUNDATION 37.50 X 106719 0 10835 942323 0 57671 7 0 1 0 0 390589 363512 4340803 441624 5094904 MEMBERSHIP DUES 711300 2053991 2053991 EDUCATIONAL & PROGRAM ACTIVITIES 711300 1888829 1888829 3942820 54637 54637 4923 4923 1594861 843931 1570168 764734 24693 79197 103890 103890 633837 214286 419551 419551 47582 47582 47582 9668307 3990402 0 583001 X 137215 137215 38247 38247 385817 385817 3349492 2738500 252827 358165 84714 65472 8013 11229 215527 167619 23681 24227 281343 235952 20417 24974 71131 17932 53169 30 36154 36154 23754 23754 2049541 1931987 102448 15106 20749 20636 113 775647 685617 29296 60734 122997 56558 59564 6875 112458 111208 1250 392628 350657 39231 2740 1315478 1262520 47018 5940 126342 117773 5423 3146 9480 9480 376440 355424 13795 7221 160694 58256 102438 LOGISTICS 186986 183827 3109 50 SPONSORSHIP EXPENSES 143902 143902 BANK CHARGES 120742 120742 PUBLICATIONS 104091 104091 274058 238279 26361 9418 10915627 9407489 978283 529855 144745 270340 358146 178904 4213910 3999771 106689 176384 283041 268062 324477 273532 3810090 1667814 1291029 2142276 2748148 2219114 147811 142155 9617996 9670538 819481 1070971 1733023 1709674 3337 745518 2555841 3526163 X 2409819 1745471 4548836 4295404 103500 103500 7062155 6144375 9617996 9670538 -1247320 329540 0 X 0 1 X 1 0 X 2007278 2166854 3356659 4284280 5094904 16909975 6657930 6536513 7188632 7389880 4576657 32349612 8665208 8703367 10545291 11674160 9671561 49259587 100153 100153 124130 162324 759377 500571 545472 2091874 124130 162324 759377 500571 645625 2192027 47067560 71935 82084 82135 81558 59560 377272 71935 82084 82135 81558 59560 377272 56373 55315 11127 20499 47582 190896 8793516 8840766 10638553 11776217 9778703 49827755 0.94460 0.95540 0.00760 0.00860 X 2154861 215781 279045 960680 1689007 2270907 75363 191409 2154861 2584666 -91566 222193 2270907 2622719 40987 79040 2584666 2629232 186314 174000 18827 2622719 0.76970 0.14800 0.08230 0 0 31250 521 30729 1806450 904347 902103 1972390 762946 1209444 2142276 LONG-TERM INVESTMENTS 2219114 F 2219114 X 10288379 329540 100000 214286 643826 9644553 23754 23754 9668307 11206159 100000 214286 314286 10891873 23754 23754 10915627 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE BOARD DESIGNATED "QUASI-ENDOWMENTS" - SUPPORT FOR OLYMPIC AND YOUTH SAILING PROGRAMS AND INITIATIVES. TERM AND PERMANENT ENDOWMENTS ARE DESIGNATED FOR PRE-OLYMPIC DEVELOPMENT PROGRAMS AS WELL AS PROMOTING AND RECOGNIZING SPORTSMANSHIP IN SAILING. PART X, LINE 2: THE ASSOCIATION IS A PUBLIC CHARITY EXEMPT FROM FEDERAL INCOME TAXES IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE ASSOCIATION OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVELS. THE ASSOCIATION ANNUALLY FILES IRS FORM 990, IRS FORM 990-T AND VARIOUS STATE FILINGS, REPORTING VARIOUS INFORMATION THAT THE IRS AND STATE TAXING AUTHORITIES USE TO MONITOR THE ACTIVITIES OF TAX EXEMPT ENTITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF COST OF GOODS SOLD 214,286. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF COST OF GOODS SOLD 214,286. 1 COCONUT GROVE SAILING CLUB 2990 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133 590636196 501(C)(3) 8718 FMV N/A GRANTS TO CLUBS PROVIDING FACILITIES TO MIAMI OLYMPIC CLASS REGATTA TO DEFRAY COSTS OF HOSTING THE EVENT. CORAL REEF SAILING 2484 SOUTH BAYSHORE DRIVE MIAMI FL 33133 590776439 501(C)(3) 5500 FMV N/A GRANTS TO CLUBS PROVIDING FACILITIES TO MIAMI OLYMPIC CLASS REGATTA TO DEFRAY COSTS OF HOSTING THE EVENT. COMMUNITY BOATING CENTER PO BOX 5849 PROVIDENCE RI 02903 222946979 501(C)(3) 25000 FMV N/A PROVIDE GRANTS FOR THE RENAISSANCE REGATTA TO SUPPORT SAILING PROGRAM INITIATIVES DOWNTOWN SAILING CENTER 1425 KEY HWT SUITE 110 BALTIMORE MD 21230 521867434 501(C)(3) 20000 FMV N/A SAILORSHIP GRANTS TRAVEL GRANTS FOR YOUNG SAILORS TO ATTEND THE JR OR YOUTH CHAMPIONSHIP REGATTAS MISSION BAY AQUATIC CENTER CONRAD PREBYS AZTEC STUDENT UNION 5500 CAMPANILE DRIVE SUITE320 SAN DIEGO CA 92182 956042622 501(C)(3) 10000 FMV N/A SAILORSHIP GRANTS TRAVEL GRANTS FOR YOUNG SAILORS TO ATTEND THE JR OR YOUTH CHAMPIONSHIP REGATTAS 5 OLYMPIC AND PARALYMPIC TEAM MEMBER GRANTS TO FUND LOGISTICS, COACHING, TRAINING AND EQUIPMENT PURCHASES FOR OLYMPIC AND PARALYMPIC PREPARATION AND COMPETITION. 43 33359 FMV TRAVEL GRANTS FOR US SAILING NATIONAL SAILING PROGRAM SYMPOSIUM 18 2988 FMV SAILORSHIP GRANTS TRAVEL GRANTS FOR YOUNG SAILORS TO ATTEND THE JR OR YOUTH CHAMPIONSHIP REGATTAS 5 1900 FMV PART I, LINE 2: WHERE GRANTS ARE MADE TO ENABLE ATTENDANCE AT A SPECIFIC EVENT, THE FUNDING IS NOT MADE UNTIL JUST BEFORE OR JUST AFTER THE EVENT HAS OCCURRED TO ENSURE PRESENCE AT THE EVENT. IN THE CASE OF THE OLYMPIC TEAM, ALL TEAM MEMBERS ARE MONITORED FOR PERFORMANCE AT VARIOUS EVENTS LEADING UP TO THE OLYMPICS. IN ADDITION, TEAM MEMBERS ATTEND TRAINING CAMPS AND VARIOUS OTHER GROUP MEETINGS TO RECEIVE COACHING, PHYSICAL CONDITIONING EVALUATIONS, WEATHER ADVISORY AND OTHER SUPPORT SERVICES PROVIDED BY US SAILING AS THE NATIONAL GOVERNING BODY. TEAM MEMBERS ARE IN CONSTANT CONTACT WITH TEAM COACHES, THE HIGH-PERFORMANCE DIRECTOR, AND THE OLYMPIC DIRECTOR THROUGHOUT THE QUADRENNIUM. TEAM MEMBERS MUST MEET SPECIFIC CRITERIA, WHICH IS PRE-APPROVED BY THE US OLYMPIC COMMITTEE, AND SPECIFIC GOALS TO RECEIVE FUNDING. THE GRANT FOR THE OLYMPIC SAILING CHAIR IS IN THE FORM OF A PLEDGE. FUNDS ARE DISBURSED QUARTERLY IN ARREARS SO LONG AS THE CONDITIONS OF THE GRANT ARE MET. X X X 0 0 0 0 0 0 0 0 0 BYRON J GIERHART JR CEO 192787 0 21486 0 0 0 0 0 17272 0 231545 0 0 0 MALCOLM PAGE OLYMPIC SAILING MANAGING DIRECTOR 149688 0 0 0 0 0 0 0 4584 0 154272 0 0 0 X SOFTWARE 22 388554 FMV X FLIGHT CREDIT 1 52675 FMV 0 1 0 FORM 990, PART III, LINE 3 US SAILING UNDERWENT AN ORGANIZATIONAL RESTRUCTURE WITH THE INTENT OF BETTER DEFINING THE SUPPORT AND CUSTOMER FACING DEPARTMENTS WITHIN THE ORGANIZATION. THE SUPPORT CHANNELS CONSIST OF THE INFORMATION TECHNOLOGIES, ACCOUNTING, MEMBER ENGAGEMENT, MARKETING AND EDUCATION DEPARTMENTS. THESE DEPARTMENTS PROVIDE THE OPERATIONAL SUPPORT FOR THE ORGANIZATION. THE CUSTOMER CHANNELS, WHICH CONSIST OF THE YOUTH, ADULT, COMPETITIVE SERVICE AND OLYMPIC DEPARTMENTS ARE FOCUSED ON PROVIDING THE PRODUCTS AND PROGRAMS DESIGNED IN THE SUPPORT CHANNELS, AND PROVIDING TAILORED CUSTOMER SERVICE TO OUR CONSTITUENTS. IN THE PREVIOUS US SAILING STRUCTURE, THERE WAS NO DEFINED SPLIT BETWEEN CHANNELS. THEREFORE, IN MANY INSTANCES, DEPARTMENTS AND STAFF WERE BEING ASKED TO MANAGE TASKS THAT WERE OUTSIDE THE SCOPE OF THEIR EXPERTISE. THROUGH THIS NEW MODEL WE HAVE IMPROVED EFFICIENCY AND BEEN ABLE TO BETTER SUPPORT OUR CONSTITUENTS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT FORM 990 IS PROVIDED BY US SAILING'S EXTERNAL AUDITORS FOR REVIEW BY THE DIRECTOR OF FINANCE AND ANY NEEDED ADJUSTMENTS ARE MADE. THE FINAL DRAFT FORM 990 IS PRESENTED TO THE AUDIT COMMITTEE AND CEO FOR REVIEW BEFORE PRESENTATION TO THE BOARD MEMBERS FOR APPROVAL PRIOR TO SENDING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, DIRECTORS AND EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY AND HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE REVIEWS THE ASSOCIATION OF CHIEF EXECUTIVES FOR SPORT (ACES) SALARY SURVEY AND OTHER APPROPRIATE SALARY SURVEYS BEFORE MAKING A RECOMMENDATION TO THE BOARD. THE CEO REVIEWS THE SALARY SURVEY FROM OTHER SPORT NGB'S TO HELP IN DETERMINING APPROPRIATE SALARY LEVELS FOR KEY EMPLOYEE AT US SAILING. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 & 990-T IF APPLICABLE IS MADE AVAILABLE UPON REQUEST AND ON ITS WEBSITE. FORM 1023 IS NOT AVAILABLE FOR PUBLIC INSPECTION BECAUSE IT WAS FILED IN 1941. PER CONGRESSIONAL DIRECTIVE, ALL SUCH DOCUMENTATION PRIOR TO JULY 15, 1987 WAS DESTROYED AND IS NO LONGER AVAILABLE. FORM 990, PART VI, SECTION C, LINE 19 US SAILING MAKES ITS BY-LAWS, REGULATIONS, AND BOARD MINUTES AVAILABLE ON ITS WEBSITE ALONG WITH AUDITED FINANCIAL STATEMENTS AND FORM 990 FOR THE CURRENT AND TWO PRIOR YEARS. THESE DOCUMENTS ARE FOUND IN THE "ABOUT US" SECTION. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES : PROGRAM SERVICE EXPENSES 86,635. MANAGEMENT AND GENERAL EXPENSES 102,448. FUNDRAISING EXPENSES 15,106. TOTAL EXPENSES 204,189. CONSULTING FEES : PROGRAM SERVICE EXPENSES 759,876. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 759,876. COACHING & INSTRUCTOR FEES : PROGRAM SERVICE EXPENSES 820,942. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 820,942. REGISTRATION FEES : PROGRAM SERVICE EXPENSES 109,016. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 109,016. CHARTER FEES : PROGRAM SERVICE EXPENSES 155,518. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 155,518. UNITED STATES SAILING FOUNDATION 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 222667411 SECURE THE FINANCIAL INVESTMENT REQUIRED FOR THE US SAILING ASSOCIATION RI 501(C)(3) LINE 12A, I US SAILING ASSOCIATION 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 UNITED STATES SAILING FOUNDATION C 390589 FMV PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS NAME OF RELATED ORGANIZATION: UNITED STATES SAILING FOUNDATION PRIMARY ACTIVITY: SECURE THE FINANCIAL INVESTMENT REQUIRED FOR THE US SAILING ASSOCIATION TO DEVELOP INNOVATIVE SOLUTIONS AND REVITALIZE OUR SPORT FOR THE FUTURE.