2022-11-11T14:37:02-06:00 2021-12-31 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2021-01-01 131671529 UNITED STATES SAILING ASSOCIATION INC UNIT 4014629550 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 HEATHER MONOSON CHIEF FINANCIAL OFFICER 4014629550 2022-11-11 1 HEATHER MONOSON 888008888 SANDY ROSS P01399337 4012742001 0 AAL1 IAL1 2021 2022-09-23 18:48:47Z HEATHER MONOSON 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 11359465 0 X WWW.USSAILING.ORG/ X 1897 NY TO PROVIDE LEADERSHIP FOR THE SPORT OF SAILING IN THE UNITED STATES 13 13 70 400 0 0 4358051 4634322 5004611 5784504 123106 58228 387463 615235 9873231 11092289 46151 223849 0 0 4386916 5001382 0 0 169537 4646750 6239896 9079817 11465127 793414 -372838 7559656 8027126 2695565 3709897 4864091 4317229 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 0 5489758 223849 2078696 THE OLYMPIC PROGRAM PROVIDES DIRECT SUPPORT TO ATHLETES IN PURSUIT OF THEIR OLYMPIC DREAMS. ATHLETIC SUPPORT INCLUDES COACHING, HEALTH AND NUTRITION COUNSELING, METEOROLOGY, PHYSICAL AND MENTAL STRENGTHENING, LOGISTICS AND OTHER TRAINING SUPPORT. 2000520 1942095 THE YOUTH PROGRAMS CONNECT YOUTH SAILORS TO INSTRUCTION, EVENTS, AND RESOURCES THAT HELP ALL TYPES OF YOUTH SAILORS ENJOY THE SPORT, IMPROVE THEIR SKILLS, AND BECOME SAILORS FOR LIFE. TRAINING AND CERTIFICATION OF INSTRUCTORS FOR BEGINNING, INTERMEDIATE AND ADVANCED SAILING CLASSES IS PROVIDED THROUGHOUT THE U.S. FOR LEARN-TO-SAIL PROGRAMS AND SMALL BOAT PROGRAMS TO PROMOTE PARTICIPATION IN BOATING AND ON-WATER ACTIVITIES. THESE SERVICES ARE ALSO CONDUCTED IN ASSOCIATION WITH VARIOUS INTERNATIONAL SAIL TRAINING ORGANIZATIONS. THE PROGRAM ALSO CONDUCTS AND MANAGES UNITED STATES SAILING YOUTH CHAMPIONSHIP EVENTS TO DETERMINE NATIONAL CHAMPIONS IN SUCH AREAS AS YOUTH MULTIHULL CHAMPIONSHIP AND JUNIOR OLYMPIC EVENTS ARE CONDUCTED ALL ACROSS THE COUNTRY TO ENCOURAGE THOSE WHO ARE CONSIDERING OLYMPIC CAMPAIGNS. 1374590 1591585 THE EDUCATION PROGRAM DEVELOPS EDUCATIONAL COURSES AND SEMINARS (BOTH ONLINE AND IN-PERSON) PRODUCTS AND PROGRAMS THAT SUPPORT THE YOUTH, ADULT AND RACE ADMINISTRATION PROGRAMS. THE PROGRAM ALSO MANAGES THE ORGANIZATIONAL RELATIONSHIPS WITH THE US COAST GUARD, NATIONAL ASSOCIATION OF STATE BOATING ADMINISTRATORS (NASBLA) AND NATIONAL SAFE BOATING COUNCIL. 792668 769518 THE ADULT PROGRAM PROVIDES TRAINING FOR VARIOUS SAILING DISCIPLINES, INCLUDING SAFETY AT SEA, POWERBOAT AND KEELBOAT. 792668 769518 9657536 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 110 0 1 70 1 0 0 0 0 0 0 0 0 0 0 X 13 13 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 X X X HEATHER MONOSON 4013427900 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 JILL NOSASH CHIEF DEVELOPMENT OFFICER 37.50 X 211801 0 15471 ALAN OSTFIELD CHIEF EXECUTIVE OFFICER (AS OF 05/2021) 37.50 X 166242 0 23442 HEATHER MONOSON CHIEF FINANCIAL OFFICER 37.50 3.00 X 161539 0 18739 PAUL CAYARD EXEC. DIR. OF U.S. OLYMPIC SAILING 37.50 X 181592 0 6550 LUTHER CARPENTER OLYMPIC HEAD COACH 37.50 X 148553 0 26000 RILEY SCHUTT USST IR&D PERFORMANCE ANAYLIST 37.50 X 122517 0 17280 SALLY BARKOW PERFORMANCE MANAGER-OLY 37.50 X 129008 0 4750 JOSE L SPINA DIRECTOR-ODP 37.50 X 126130 0 6308 CORY SERTL PRESIDENT (TO 12/2021) 10.00 X X 0 0 0 JOHN SCHOENDORF TREASURER 10.00 X X 0 0 0 MARTINE ZURINSKAS SECRETARY (12/2021) 10.00 X X 0 0 0 CLERC COOPER DIRECTOR 5.00 X 0 0 0 RUSSELL LUCAS DIRECTOR 5.00 X 0 0 0 DAVE PERRY DIRECTOR 5.00 X 0 0 0 KATIE PETTIBONE SELECT DIRECTOR (TO 12/2021) 5.00 X 0 0 0 MAGGIE SHEA DIRECTOR 5.00 X 0 0 0 TONY REY DIRECTOR 5.00 X 0 0 0 CHARLIE ARMS DIRECTOR 5.00 X 0 0 0 RICHARD JEPSEN VICE PRESIDENT 10.00 X X 0 0 0 JOHN SANGMEISTER SELECT DIRECTOR 5.00 X 0 0 0 HENRY BRAUER DIRECTOR 5.00 X 0 0 0 BRIANA PROVANCHA DIRECTOR 5.00 X 0 0 0 WILLIAM RUH DIRECTOR-FOUNDATION CHAIR 5.00 5.00 X 0 0 0 JUDGE RYAN DIRECTOR 5.00 X 0 0 0 1247382 0 118540 8 1 1 0 CHARLES BUCKINGHAM 250 ALBERT PLACE COSTA MESA CA 92627 COACHING 100499 1 2325208 810500 1498614 4634322 MEMBERSHIP DUES 711300 2159861 2159861 SPONSORSHIP 711300 2026869 2026869 EDUCATIONAL AND PROGRAM SERVICES 711300 1597774 1597774 5784504 41724 41724 17845 17845 52601 23471 12626 -23471 39975 16504 16504 812446 231079 581367 581367 MISCELLANEOUS INCOME 711300 16023 16023 16023 11092289 6381894 0 76073 X 223849 223849 537723 478294 41950 17479 3474966 2904561 532377 38028 202280 169076 30990 2214 472128 313087 145455 13586 314285 255293 53865 5127 30225 30225 41955 41955 1706774 1578548 99097 29129 46802 26746 18313 1743 908249 663288 221492 23469 136719 92487 40388 3844 136968 77979 53863 5126 1370410 1333406 33789 3215 179131 174091 4515 525 3349 1898 1325 126 449001 250863 181974 16164 205016 123767 74188 7061 SPONSORSHIP EXPENSE 812095 781011 28383 2701 CERTIFICATES 150383 150383 RESEARCH AND DEVELOPMEN 58909 58909 BAD DEBT EXPENSE 3910 3910 11465127 9657536 1638054 169537 2779004 1501864 2367605 4056887 28200 152390 312878 148867 179562 16800 86025 4889238 3696273 1716540 1192965 622625 189762 234808 7559656 8027126 688611 1596322 1915336 2078915 91618 34660 2695565 3709897 X 1929721 2061149 2934370 2256080 4864091 4317229 7559656 8027126 -372838 21395 -195419 0 X 0 1 X 1 0 X 5094904 4572849 3704082 4358051 4634332 22364218 4576657 5340201 6362041 5427567 6596950 28303416 9671561 9913050 10066123 9785618 11231282 50667634 100153 53072 104045 135000 25000 417270 0 100153 53072 104045 135000 25000 417270 50250364 59560 47717 55980 13738 59569 236564 59560 47717 55980 13738 59569 236564 47582 12567 37867 80928 16023 194967 9778703 9973334 10159970 9880284 11306874 51099165 0.98340 0.93310 0.00460 0.00500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 382753 31000 22011 435764 346302 36451 382753 373865 29940 57503 346302 1689007 -33959 1281183 373865 2154861 215781 279045 960680 1689007 0.49016 0.30865 0.20118 0 0 31250 13021 18229 2680856 1772859 907997 2177132 1910393 266739 1192965 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE IRC. MANAGEMENT BELIEVES THAT THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVELS. THE ORGANIZATION ANNUALLY FILES IRS FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THEY WERE FILED. THE ORGANIZATION CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. 1 10 INCENTIVE GRANTS 63 190663 FMV REDUCTION IN TUITION 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 TO THE OLYMPICS. IN ADDITION, TEAM MEMBERS ATTEND TRAINING CAMPS AND OTHER VARIOUS OTHER GROUP MEETINGS TO RECEIVE COACHING, PHYSICAL CONDITIONING EVALUATIONS, WEATHER ADVISORY, AND OTHER SUPPORT SERVICES PROVIDED BY THE US SAILING ASSOCIATION, THE NATIONAL GOVERNING BODY OF THE SPORT. 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 ARE PRE-APPROVED BY THE US OLYMPIC COMMITTEE, AND SPECIFIC GOALS TO RECEIVE FUNDING. X X X 0 0 0 0 0 0 0 0 0 JILL NOSASH CHIEF DEVELOPMENT OFFICER 211801 0 0 0 0 0 0 0 15471 0 227272 0 0 0 ALAN OSTFIELD CHIEF EXECUTIVE OFFICER (AS OF 05/20 166242 0 0 0 0 0 0 0 23442 0 189684 0 0 0 HEATHER MONOSON CHIEF FINANCIAL OFFICER 161539 0 0 0 0 0 0 0 18739 0 180278 0 0 0 PAUL CAYARD EXEC. DIR. OF U.S. OLYMPIC SAILING 181592 0 0 0 0 0 0 0 6550 0 188142 0 0 0 LUTHER CARPENTER OLYMPIC HEAD COACH 148553 0 0 0 0 0 0 0 26000 0 174553 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT FORM 990 IS PROVIDED BY US SAILINGS EXTERNAL AUDITORS FOR REVIEW BY THE CFO, AND ANY NEEDED ADJUSTMENTS ARE MADE. THE FINAL DRAFT FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE AND CEO FOR REVIEW BEFORE PRESENTATION TO BOARD MEMBERS FOR APPROVAL PRIOR TO SENDING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATIONS 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 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 COMPENSATION OF THE CHIEF EXECUTIVES FOR SPORT (ACES) SALARY SURVEY AND OTHER APPROPRIATE SALARY SURVEYS BEFORE MAKING A RECOMMENDATION TO THE BOARD. 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 CONSULTANTS: PROGRAM SERVICE EXPENSES 559,466. MANAGEMENT AND GENERAL EXPENSES 84,635. FUNDRAISING EXPENSES 29,129. TOTAL EXPENSES 673,230. COACHING: PROGRAM SERVICE EXPENSES 1,019,082. MANAGEMENT AND GENERAL EXPENSES 14,462. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,033,544. UNITED STATES SAILING FOUNDATION 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 222667411 TO DIRECTLY SUPPORT A RELATED ORG DE 501(C)(3) LINE 10 UNITED STATES ASSOCIATION INC 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 UNITES STATES SAILING FOUNDATION C 2325208 COST UNITES STATES SAILING FOUNDATION P 569000 COST