2021-09-13T19:18:51-05:00 2020-12-31 135381590 BDO USA LLP 225 NE MIZNER BLVD SUITE 685 BOCA RATON FL 33432 990 2020-01-01 222667411 UNITED STATES SAILING FOUNDATION UNIT 4014629550 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 HEATHER MONOSON CFO 4013427900 2021-09-13 1 HEATHER MONOSON 999009999 DAVID HOLLANDER P00646430 5619092100 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z HEATHER MONOSON 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 892953 0 X WWW.USSAILING.ORG X 1985 RI TO DIRECTLY SUPPORT A RELATED NON-PROFIT ORGANIZATION, THE UNITED STATES SAILING ASSOCIATION, INC. 11 11 0 15 0 0 314281 522605 0 0 69689 63809 0 0 383970 586414 1066998 976623 0 0 0 0 0 0 312878 166176 346904 1233174 1323527 -849204 -737113 2595906 2170181 8657 314480 2587249 1855701 THE US SAILING FOUNDATION WILL SECURE THE FINANCIAL INVESTMENT REQUIRED FOR THE US SAILING ASSOCIATION TO DEVELOP INNOVATIVE SOLUTIONS AND REVITALIZE OUR SPORT FOR THE FUTURE. 0 0 976623 976623 SUPPORT - TO PROVIDE SUPPORT FOR PROGRAMS DEVELOPED BY ITS RELATED ORGANIZATION, THE UNITED STATES SAILING ASSOCIATION, INC. 976623 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 0 0 0 RI X X HEATHER MONOSON 4013427900 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 BYRON JACK GEIRHART FORMER CHIEF EXECUTIVE OFFICER OF US SAILING ASSOC 3.00 37.50 X X 0 222828 30153 BRUCE J BURTON TRUSTEE 1.00 X 0 0 0 JOHN LOVELL TREASURER 1.00 X X 0 0 0 THOMAS SIEBEL MEMBER AT LARGE 1.00 X 0 0 0 JAMES M SCHOONMAKER TRUSTEE 1.00 X 0 0 0 STEVE MEHEEN TRUSTEE 1.00 X 0 0 0 BRIAN KEANE VICE CHAIRMAN 1.00 X X 0 0 0 CORY SERTL MEMBER AT LARGE 1.00 X 0 0 0 LINDA LINDQUIST MEMBER AT LARGE 1.00 X 0 0 0 GLENN DARDEN SECRETARY 1.00 X X 0 0 0 WILLIAM RUH PRESIDENT 5.00 5.00 X X 0 0 0 TOM WHIDDEN MEMBER AT LARGE 1.00 X 0 0 0 HEATHER MONOSON CHIEF FINANCIAL OFFICER 3.00 37.50 X X 0 81667 4083 0 304495 34236 1 0 1 0 0 522605 522605 38519 38519 331829 306539 25290 25290 25290 586414 25290 0 38519 966923 966923 9700 9700 2000 2000 45633 27683 17950 23012 1585 21427 29297 29297 7079 7079 6444 6444 1015 1015 7567 7567 SHARED SALARIES EXPENSE 156072 156072 USE OF ASSETS 29972 29972 ALLOCATED INTEREST 14879 14879 FILING FEE 7867 7867 16067 2758 13309 1323527 976623 34026 312878 843373 747512 47560 381095 1704973 1041574 0 0 2595906 2170181 8657 1602 0 312878 8657 314480 X 500767 341550 2086482 1514151 2587249 1855701 2595906 2170181 -737113 5565 0 X X 0 1 X 1 0 X X 1 UNITED STATES SAILING ASSOCIATION 131671529 10 0 966923 0 1 966923 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 182650 19324 201974 169370 13280 182650 146410 27726 -3066 1700 169370 146410 146410 219392 219392 0.72490 0.27510 0 0 0 CERTIFICATES OF DEPOSIT 1041574 F 1041574 DUE TO ASSOCIATION 312878 312878 X PART X, LINE 2: THE U.S. FEDERAL JURISDICTION AND THE STATE OF RHODE ISLAND JURISDICTION ARE THE MAJOR TAX JURISDICTIONS WHERE THE ORGANIZATION FILES INCOME TAX RETURNS. THE ORGANIZATION IS GENERALLY NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2017. PART X, LINE 2 THE FOUNDATION 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 FOUNDATION OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVELS. THE FOUNDATION ANNUALLY FILES IRS FORM 990 AND IRS FORM 990-T, REPORTING VARIOUS INFORMATION THAT THE IRS AND STATE TAXING AUTHORITIES USE TO MONITOR THE ACTITIVES OF TAX EXEMPT ENTITIES. 0 UNITED STATES ASSOCIATION 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 131671529 501(3)(C) 966923 FMV SUPPORT TO THE UNITED STATES SAILING ASSOCIATION FOR GENERAL PURPOSES CHAMPIONSHIP COMPETITION TRAVEL GRANTS 10 9700 FMV 0 0 0 0 0 0 0 0 0 BYRON JACK GEIRHART FORMER CHIEF EXECUTIVE OFFICER OF US 0 222828 0 0 0 0 0 0 0 30153 0 252981 0 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE CURRENTLY NO COMMITTEES THAT HAVE AUTHORIZATION TO MAKE DECISIONS WITHOUT THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS REVIEWED BY ALL OF THE TRUSTEES OF THE ORGANIZATION. AFTER THE REVIEW IS COMPLETE, THE TRUSTEES VOTE TO ACCEPT THE FORM 990 PRIOR TO IT BEING FILED WITH 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. THERE 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 CONFLICTED 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 C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED THE OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. UNITED STATES SAILING ASSOCIATION 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 131671529 TO ENCOURAGE PARTICIPATION IN THE SPORT OF SAILING THROUGH VOLUNTEERS NY 501(C)(3) LINE 10 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 UNITED STATES SAILING ASSOCIATION INC B 966923 FMV UNITED STATES SAILING ASSOCIATION INC E 312878 FMV UNITED STATES SAILING ASSOCIATION INC M 312787 FMV SCHEDULE R, PART II, COLUMN B