2023-08-31T15:23:15-05:00 2022-12-31 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2022-01-01 131671529 UNITED STATES SAILING ASSOCIATION INC UNIT 4013427900 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 HEATHER MONOSON CHIEF FINANCIAL OFFICER 4014629550 2023-08-31 1 HEATHER MONOSON 888008888 1 SANDY ROSS P01399337 4012742001 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z HEATHER MONOSON 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 15297687 0 X WWW.USSAILING.ORG/ X 1897 NY INCREASE SAILING PARTICIPATION AND EXCELLENCE THROUGH EDUCATION, COMPETITION AND EQUAL OPPORTUNITY, WHILE UPHOLDING THE PRINCIPLES OF FAIR PLAY, SPORTSMANSHIP AND SAFETY. 16 16 75 350 0 0 4634322 8015483 5784504 6288354 58228 63368 615235 440273 11092289 14807478 223849 547389 0 0 5001382 6117052 0 0 438647 6239896 7438188 11465127 14102629 -372838 704849 8027126 11705782 3709897 6904143 4317229 4801639 X THE ORGANIZATIONS MISSION IS TO INCREASE SAILING PARTICIPATION AND EXCELLENCE THROUGH EDUCATION, COMPETITION, AND EQUAL OPPORTUNITY WHILE UPHOLDING THE PRINCIPLES OF FAIR PLAY, SPORTSMANSHIP, AND SAFETY. 0 0 6262611 512389 1098407 THE OLYMPIC PROGRAM PROVIDES TRAINING AND SUPPORT OF THE TEAMS AND INDIVIDUALS PREPARING FOR OLYMPIC COMPETITIONS. SUPPORT INCLUDES COACHING, HEALTH AND NUTRITION COUNSELING, PHYSICAL AND PSYCHOLOGICAL STRENGTHENING, LOGISTICS, AND WEATHER FORECASTING SUPPORT. 2248231 35000 2416803 THE YOUTH PROGRAMS PROVIDES YOUTH TRAINING AND CERTIFICATION OF INSTRUCTORS FOR BEGINNING INTERMEDIATE AND ADVANCED SAILING CLASSES PROVIDED THROUGHOUT THE US. FOR LEARN-TO-SAIL PROGRAMS AND SMALL BOAT 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. ALSO CONDUCTS AND MANAGES UNITED STATES SAILING 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. 966232 101176 THE EDUCATION DEVELOPS PRODUCTS AND PROGRAMS THAT SUPPORT THE VARIOUS CONSTITUENT SECTIONS OF US SAILING (YOUTH, ADULT, AND RACE ADMINISTRATION). ADDITIONALLY RESPONSIBLE FOR SCHEDULING OF EDUCATIONAL COURSES AND SEMINARS, RESPONSIBLE FOR MANAGING THE ORGANIZATIONAL RELATIONSHIPS WITH THE US COAST GUARD, NATIONAL ASSOCIATION OF STATE BOATING ADMINISTRATORS (NASBLA) ,AND NATIONAL SAFE BOATING COUNCIL. 855635 894109 OFFSHORE SUPPORTS OFFSHORE RACING IN THE UNITED STATES, WHICH INCLUDES INFORMING SAILORS AND MANAGING MEASUREMENT RULES SUCH AS IRC, ORC, AND ORR. THE PROGRAM ALSO TRAINS AND CERTIFIES BOAT MEASURERS TO COLLECT THE DATA NECESSARY FOR THOSE RULES. OFFSHORE ALSO SUPPORTS RACE ORGANIZERS IN PROPERLY RUNNING THEIR EVENTS, ESPECIALLY SCORING. RACE ADMIN IS RESPONSIBLE FOR TRAINING, CERTIFICATION AND SUPPORT OF RACE OFFICIALS. THE PROGRAM PRODUCES THE US RULEBOOK EVERY FOUR YEARS, ADMINISTERS THE PROTEST APPEALS SYSTEM, AND PROVIDES DIRECT CUSTOMER SUPPORT TO SAILORS, ORGANIZING AUTHORITIES AND OFFICIALS ON ALL TOPICS CONCERNING THE RUNNING OF RACING. 711222 2217262 THE US SAILING ADULT DEPARTMENT PROVIDES TRAINING FOR VARIOUS SAILING DISCIPLINES INCLUDING SAFETY AT SEA, POWERBOAT, AND KEELBOAT. 1566857 3111371 11043931 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 246 0 1 75 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 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 OH VA X X X HEATHER MONOSON 4013427900 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 ALAN OSTFIELD CHIEF EXECUTIVE OFFICER/NON VOTING 37.50 3.00 X X 389783 0 25488 RICHARD JEPSEN PRESIDENT/DIRECTOR 10.00 X X 0 0 0 MARIE ROGERS VICE PRESIDENT/DIRECTOR (AS OF 10/22) 10.00 X X 0 0 0 JOHN SCHOENDORF TREASURER/DIRECTOR 10.00 X X 0 0 0 CHARLIE ARMS SECRETARY/DIRECTOR 5.00 X X 0 0 0 HENRY BRAUER DIRECTOR 5.00 X 0 0 0 PAMELA HEALY DIRECTOR (AS OF 10/22) 5.00 X 0 0 0 SARAH LIHAN DIRECTOR 5.00 X 0 0 0 STAN HONEY DIRECTOR (AS OF 10/22) 5.00 X 0 0 0 RUSSELL LUCAS DIRECTOR 5.00 X 0 0 0 TONY REY DIRECTOR 5.00 X 0 0 0 JUDGE RYAN DIRECTOR 5.00 X 0 0 0 MAGGIE SHEA DIRECTOR 5.00 X 0 0 0 JUSTIN SHAFFER DIRECTOR 5.00 X 0 0 0 SHEILA TOLLE DIRECTOR (AS OF 10/22) 5.00 X 0 0 0 WILLIAM RUH DIRECTOR-FOUNDATION PRESIDENT 5.00 5.00 X 0 0 0 HEATHER MONOSON CHIEF FINANCIAL OFFICER 37.50 3.00 X 189287 0 10054 PAUL CAYARD OLYMPIC EXECUTIVE DIRECTOR 37.50 X 253781 0 19337 JILL NOSACH CHIEF DEVELOPMENT OFFICER (TO 10/22) 37.50 3.00 X 178194 0 15396 LUTHER CARPENTER OLYMPIC HEAD COACH 37.50 X 138489 0 0 RILEY SCHUTT USST IR&D PERFORMANCE ANAY 37.50 X 130758 0 0 ANDREW CLOUSTON SVP PROGRAMS & SERVICES 37.50 X 143071 0 9850 JOSE L SPINA DIRECTOR-ODP 37.50 X 134271 0 0 1557634 0 80125 9 0 1 0 0 6163412 1852071 862095 8015483 YOUTH PROGRAMS 711300 2320421 2320421 ADULT PROGRAMS 711300 1930177 1930177 OLYMPIC PROGRAM 711300 1088405 1088405 OFFSHORE RACE SUPPORT 711300 848175 848175 OTHER EDUCATION SERVIC 711300 101176 101176 6288354 28934 28934 870 870 228261 47000 227312 13515 949 33485 34434 34434 678783 249382 429401 429401 MISCELLANEOUS INCOME 711300 10002 10002 10002 14807478 6727757 0 64238 X 35000 35000 512389 512389 887729 636968 194217 56544 3917255 3298360 484545 134350 231785 186156 36720 8909 661768 535191 102303 24274 418515 329652 75151 13712 38519 35742 2050 727 50370 46204 3075 1091 4794 4794 1687357 1555459 97363 34535 39540 8426 29982 1132 877111 496874 297491 82746 131031 85824 33237 11970 266565 230213 19117 17235 1620563 1530635 74257 15671 224649 214226 6592 3831 584 336 191 57 391170 342721 39483 8966 201627 122378 61715 17534 BAD DEBT EXPENSE 948259 948259 SPONSORSHIP EXPENSE 878238 763366 109509 5363 CERTIFICATES 77811 77811 14102629 11043931 2620051 438647 1501864 560511 4056887 6276108 152390 157363 179562 189671 86025 183473 4851107 4023160 1192965 827947 622625 1972491 234808 1538218 8027126 11705782 1596322 3982095 2078915 1697461 34660 0 0 1224587 3709897 6904143 X 2061149 4354104 2256080 447535 4317229 4801639 8027126 11705782 704849 -220439 0 X X 0 1 X 1 0 X 4572849 3704082 4358051 4634332 7182723 24452037 5340201 6362041 5427567 6596950 7829231 31555990 9913050 10066123 9785618 11231282 15011954 56008027 53072 104045 135000 25000 25000 342117 0 53072 104045 135000 25000 25000 342117 55665910 47717 55980 13738 59569 29804 206808 47717 55980 13738 59569 29804 206808 12567 37867 80928 16023 10002 157387 9973334 10159970 9880284 11306874 15051760 56372222 0.98750 0.98340 0.00370 0.00460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 435764 -85072 10044 340648 382753 31000 22011 435764 346302 36451 382753 373865 29940 57503 346302 1689007 -33959 1281183 373865 0.47513 0.37707 0.14780 0 0 31250 16146 15104 2613347 2001253 612094 2206510 2005761 200749 827947 OTHER ASSETS 53664 OPERATING LEASES 1484554 1538218 OPERATING LEASES 1224587 1224587 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 INCENTIVE GRANTS 82 512389 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 ALAN OSTFIELD CHIEF EXECUTIVE OFFICER/NON VOTING 333190 0 56593 0 0 0 0 0 25488 0 415271 0 0 0 PAUL CAYARD OLYMPIC EXECUTIVE DIRECTOR 236681 0 17100 0 0 0 0 0 19337 0 273118 0 0 0 HEATHER MONOSON CHIEF FINANCIAL OFFICER 169287 0 20000 0 0 0 0 0 10054 0 199341 0 0 0 JILL NOSACH CHIEF DEVELOPMENT OFFICER (TO 10/22) 163194 0 15000 0 0 0 0 0 15396 0 193590 0 0 0 ANDREW CLOUSTON SVP PROGRAMS & SERVICES 140951 0 2120 0 0 0 0 0 9850 0 152921 0 0 0 X 1 16595 COST X EQUIPMENT 7 862095 COST 0 0 1 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 AND 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 FINANCIALS 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 704,814. MANAGEMENT AND GENERAL EXPENSES 80,003. FUNDRAISING EXPENSES 34,535. TOTAL EXPENSES 819,352. COACHING: PROGRAM SERVICE EXPENSES 850,645. MANAGEMENT AND GENERAL EXPENSES 17,360. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 868,005. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES IN THE OVERSIGHT PROCESS OR SELECTION PROCESS. 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 UNITED STATES SAILING FOUNDATION C 6163412 COST UNITED STATES SAILING FOUNDATION P 3000402 COST