2024-11-13T12:54:08-06:00 2023-12-31 BDO USA 200 PARK AVENUE 38TH FLOOR NEW YORK NY 10166 990 2023-01-01 132946690 USTA NATIONAL TENNIS CENTER INCORPORATED % USTA ACCOUNTING DEPARTMENT USTA 9146967000 2500 Westchester Avenue Suite 411 Purchase NY 10577 LEWIS SHERR CEO 9146967000 2024-11-12 true true Paul Hammerschmidt P01384178 2128858000 2024-06-14 2023 2024-10-15 13:58:12Z LEWIS SHERR 2500 Westchester Avenue 411 Purchase NY 10577 140970760 false X WWW.USTA.COM X 1978 NY TO PROMOTE AND DEVELOP THE GAME OF TENNIS AS A MEANS TO HEALTHFUL RECREATION AND PHYSICAL FITNESS AND TO OPERATE A YEAR-ROUND PUBLIC RECREATIONAL FACILITY. 15 14 1660 14 0 0 0 0 124150463 130931680 156448 9563134 130931 301956 124437842 140796770 0 0 0 0 12742563 15061502 0 0 0 116005077 115066371 128747640 130127873 -4309798 10668897 645440262 631896351 771683910 746733555 -126243648 -114837204 X TO PROMOTE AND DEVELOP THE GAME OF TENNIS AS A MEANS TO HEALTHFUL RECREATION AND PHYSICAL FITNESS AND TO OPERATE A YEAR-ROUND PUBLIC RECREATIONAL FACILITY. false false 115188179 0 121733398 THE USTA BILLIE JEAN KING NATIONAL TENNIS CENTER ANNUALLY HOSTS THE US OPEN TENNIS CHAMPIONSHIPS, OPEN TO MALE AND FEMALE PROFESSIONAL AND AMATEUR TENNIS PLAYERS. NTC'S EXEMPT PURPOSES INCLUDES THE OPERATION OF TENNIS FACILITIES, PART OF WHICH INCLUDES THE US OPEN. IN 2023, THE US OPEN BROKE ITS TWO- AND THREE-WEEK ATTENDANCE RECORDS AND BECAME THE FIRST GRAND SLAM EVENT TO WELCOME MORE THAN 950,000 SPECTATORS OVER A THREE-WEEK PERIOD. THE US OPEN WELCOMED OVER 950,000 FANS TO THE GROUNDS OVER THE EVENT'S THREE WEEKS IN 2023, INCLUDING OVER 150,000 ATTENDEES TO 'FAN WEEK,' WHICH IS FREE TO ATTEND. 13632571 0 6565482 THE COMMUNITY TENNIS DEVELOPMENT PROGRAM AT THE USTA BILLIE JEAN KING NATIONAL TENNIS CENTER PROMOTES AND DEVELOPS THE GAME OF TENNIS FOR YOUNGSTERS AND THE GENERAL PUBLIC THROUGH TENNIS CLINICS AND DEVELOPMENT; TOURNAMENTS; SUMMER CAMPS AND TEACHING PROGRAMS. 407776 0 2632800 IN ACCORDANCE WITH THE NEW YORK CITY LEASE AND IN FURTHERANCE OF ITS CHARITABLE PURPOSE OF LESSENING THE BURDENS OF THE GOVERNMENT OF THE CITY OF NEW YORK, THE NTC IS AVAILABLE FOR RECREATIONAL EVENTS, ETHNIC AND COMMUNITY FESTIVALS, SCHOLASTIC ATHLETIC EVENTS AND OTHER PUBLIC SPECTATOR EVENTS. THE FACILITY IS A LARGELY YEAR-ROUND PUBLIC FACILITY FOR THE PEOPLE OF NYC. 129228526 true false false true false false false false false true false false false true true true true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 36 0 true 1660 true false false false false false false false false false false false false X 15 14 false false false false true true true true true false false true true true true true true true true false NY X USTA ACCOUNTING DEPARTMENT 9146967000 2500 WESTCHESTER AVE 411 PURCHASE NY 10577 X LEWIS SHERR CEO & EXECUTIVE DIRECTOR 10.0 35.0 X 0 1489500 65325 Daniel Zausner VP, CHIEF OPERATING OFFICER 40.0 0.0 X 1044151 0 40764 Charles Jettmar MD, CAPITAL PROJ. & ENGINEER. 40.0 0.0 X 310293 0 42190 Adam Sinclair SR. DIR., FACILITY OPERATIONS 40.0 0.0 X 244738 0 48238 Christopher Studley SR. DIRECTOR, EVENT SERVICES 40.0 0.0 X 261690 0 27936 Monica Harrigan SR. DIR., TICKET OPERATIONS 40.0 0.0 X 240535 0 46768 JOHN DALE EVANS JR DIRECTOR OF TENNIS OPERATIONS 40.0 0.0 X 201873 0 16821 Dr Brian Hainline CHAIRMAN & PRESIDENT 4.0 20.0 X X 0 35000 0 Brian Vahaly FIRST VICE PRESIDENT 3.0 14.0 X X 0 25000 0 Megan Moulton-Levy Director 2.0 6.0 X 0 22400 0 Laura F Canfield Vice President 3.0 13.0 X X 0 20000 0 Kathleen Francis Vice President 3.0 10.0 X X 0 20000 0 Michael McNulty III IMMEDIATE PAST PRESIDENT 2.0 6.0 X X 0 10000 0 Violet Clark DIRECTOR 2.0 6.0 X 0 10000 0 Jeffrey Baill Director 2.0 9.0 X 0 10000 0 Liezel H Huber Director 2.0 6.0 X 0 10000 0 Vania King Director 2.0 6.0 X 0 10000 0 Emily S Schaefer Director 2.0 6.0 X 0 10000 0 MAGGIE CHAN JONES DIRECTOR 2.0 6.0 X 0 10000 0 BILL MCGUGIN DIRECTOR 2.0 6.0 X 0 10000 0 Bobby Sharma Director 2.0 6.0 X 0 10000 0 J Christopher Lewis secretary & treasurer 3.0 10.0 X X 0 0 0 2303280 1701900 288042 22 false true false ANDY FRAIN SERVICES INC 761 SHORELINE DRIVE AURORA IL 60504 SECURITY 4467479 ADCO ELECTRICAL CORPORATION 201 EDWARD CURRY AVENUE STATEN ISLAND NY 10314 ELECTRICAL & TELECOM 4118783 FUGAZY SPORTS ENTERTAINMENT 1270 AVENUE OF THE AMERICAS NEW YORK NY 10020 TRANSPORTATION 3897551 ANCHOR CONTRACTORS 280 WEST JAMAICA AVENUE VALLEY STREAM NY 11580 GENERAL CONSTRUCTION 1862685 TRIAD MAINTENANCE GROUP LLC 97-24 ATLANTIC AVENUE OZONE PARK NY 11416 plumbing/GENERAL 1733939 57 0 TENNIS TOURNAMENT 711210 121733398 121733398 COURT RENTAL PROGRAMS 532000 6565482 6565482 OTHER EVENTS 900099 2632800 2632800 130931680 2037124 2037124 0 0 0 0 0 7700000 173990 7526010 7526010 7526010 0 0 0 0 0 0 0 0 0 MISCELLANEOUS REVENUE 900099 301956 301956 301956 140796770 130931680 9865090 0 0 0 0 1084915 867932 216983 0 11771727 11722471 49256 275856 273936 1920 764366 747998 16368 1164638 1161150 3488 0 274954 274954 40000 20000 20000 253189 253189 0 10000 10000 2143022 2143022 293198 293198 2367089 2344593 22496 972847 972847 0 23007497 22794227 213270 1840722 1840680 42 0 45697 45697 22765862 22765862 0 39226436 39161339 65097 857814 857814 EVENT TRANSPORTATION 4516860 4516860 SECURITY GUARD SERVICES 4175861 4175861 STADIUM SUPPLIES EXPENSE 2508435 2507832 603 EQUIPMENT MAINTENANCE 2134898 2130177 4721 7631990 7631841 149 130127873 129228526 899347 0 376949 465976 31031052 37783320 0 0 1552005 805776 0 0 0 0 0 0 171019 247433 1018310 1161815 1270597204 693499674 601681432 577097530 0 0 0 0 0 0 0 0 9609495 14334501 645440262 631896351 128914643 132755322 0 0 5462820 6439451 0 0 0 0 0 0 616132331 587082394 0 0 21174116 20456388 771683910 746733555 X -126243648 -114837204 0 0 -126243648 -114837204 645440262 631896351 10668897 737547 X false true X true false X 0 0 0 0 0 0 108625452 4498530 100804404 124150463 130931680 469010529 0 0 0 108625452 4498530 100804404 124150463 130931680 469010529 0 0 0 469010529 1999100 1114143 496761 287379 2037124 5934507 0 1999100 1114143 496761 287379 2037124 5934507 0 0 1026000 0 0 301956 1327956 110624552 6638673 101301165 124437842 133270760 476272992 0.98475 0.98581 0.01246 0.01184 X false true false false false false true 253189 false false 253189 false PART II-B: LOBBYING ACTIVITIES TO ACCOMPLISH LAND AND OTHER MATTERS AFFECTING THE USTA BILLIE JEAN KING NATIONAL TENNIS CENTER. 1086258319 542040338 544217981 117601204 96384378 21216826 66737681 55074958 11662723 577097530 0 ACCRUED INTEREST PAYABLE 10748174 SECURITY DEPOSITS 127662 LEASE LIABILITY 9580552 20456388 X 141557966 737547 33649 771196 140786770 10000 10000 140796770 130151522 33649 33649 130117873 10000 10000 130127873 PART X, LINE 2: USTA NATIONAL TENNIS CENTER INCORPORATED (NTC) is a not-for-profit organization exempt from income taxes under Section 501(c)(3) of the Code, except for immaterial amounts of income considered by the Internal Revenue Service (IRS) to be unrelated business taxable income, for which income taxes have been provided. NTC has filed IRS Form 990, as required, and all other applicable returns in jurisdictions, as required. For the year ended December 31, 2023, there were no interest or penalties required to be recorded or disclosed in the financial statements. In addition, NTC has not taken an unsubstantiated tax position that would require provision of a liability under Accounting Standards Codification (ASC) 740, Income Taxes. NTC is subject to routine audits by taxing authorities. X true true X X X X X false false false false false false false false false Daniel Zausner VP, CHIEF OPERATING OFFICER 700636 0 317476 0 26039 0 23194 0 17570 0 1084915 0 0 0 Charles Jettmar MD, CAPITAL PROJ. & ENGINEER. 237675 0 71844 0 774 0 18694 0 23496 0 352483 0 0 0 Christopher Studley SR. DIRECTOR, EVENT SERVICES 203726 0 57784 0 180 0 15360 0 12576 0 289626 0 0 0 Adam Sinclair SR. DIR., FACILITY OPERATIONS 203940 0 40618 0 180 0 14230 0 34008 0 292976 0 0 0 Monica Harrigan SR. DIR., TICKET OPERATIONS 197234 0 42527 0 774 0 13654 0 33114 0 287303 0 0 0 JOHN DALE EVANS JR DIRECTOR OF TENNIS OPERATIONS 179026 0 9500 0 13347 0 5847 0 10974 0 218694 0 0 0 LEWIS SHERR CEO & EXECUTIVE DIRECTOR 0 897226 0 558000 0 34274 0 23197 0 42128 0 1554825 0 0 PART I, LINE 2: FIRST CLASS TRAVEL: IN ACCORDANCE WITH THE TRAVEL POLICY, BOARD MEMBERS AND EMPLOYEES ABOVE DIRECTOR LEVEL ARE ENTITLED TO BUSINESS CLASS AIRFARES FOR FLIGHTS GREATER THAN FIVE HOURS. THE PRESIDENT AND FIRST VP ARE ENTITLED TO BUSINESS CLASS AIRFARES FOR ALL FLIGHTS. IN THE EVENT BUSINESS CLASS AIRFARE IS NOT AVAILABLE, THE ABOVE INDIVIDUALS ARE ENTITLED TO FIRST CLASS UNDER THE ASSOCIATION'S ACCOUNTABLE EXPENSE REIMBURSEMENT PLAN. PART I, LINE 3: UNITED STATES TENNIS ASSOCIATION INCORPORATED (USTA), AN AFFILIATE OF THE REPORTING ORGANIZATION PAID COMPENSATION TO THE REPORTING ORGANIZATION'S TOP MANAGEMENT OFFICIAL. USTA HAS ESTABLISHED THE COMPENSATION OF THE TOP MANAGEMENT OFFICIAL USING COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, FORM 990 OF OTHER ORGANIZATIONS, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART III, LINE 4A: THE USTA BILLIE JEAN KING NATIONAL TENNIS CENTER, INC ("NTC") PROVIDES RECREATIONAL AND CIVIC FACILITIES FOR THE GENERAL PUBLIC AT THE USTA BILLIE JEAN KING NATIONAL TENNIS CENTER. ON DECEMBER 22, 1993 THE NTC AND THE CITY OF NEW YORK ENTERED INTO A LONG-TERM LEASE FOR WHAT IS NOW 42 ACRES OF NEW YORK CITY PARK LAND IN FLUSHING MEADOWS CORONA PARK IN FLUSHING, NEW YORK. THE LEASE, INCLUDING RENEWAL OPTIONS, IS FOR 99 YEARS. THE USTA BILLIE JEAN KING NATIONAL TENNIS CENTER CONSISTS OF 46 TOTAL TENNIS COURTS, INCLUDING ARTHUR ASHE STADIUM, LOUIS ARMSTRONG STADIUM, GRANDSTAND COURT AND THE INDOOR TENNIS FACILITY, AS WELL AS PLAYERS' LOCKER ROOMS AND LOUNGE, RESTAURANTS, A PRO SHOP AND OFFICES. ALL OPERATING AND MAINTENANCE EXPENSES FOR THE FACILITY ARE BORNE BY THE NTC. AS DESCRIBED MORE FULLY BELOW, THE NTC OPERATES PROGRAMS AT THE FACILITY YEAR-ROUND. THROUGHOUT THE YEARS, THE NTC HAS MADE CAPITAL IMPROVEMENTS TO THE FACILITY INCLUDING THE INDOOR TENNIS FACILITY WITH 12 INDOOR COURTS AS WELL AS THE RECONSTRUCTION OF ALL 13 TOURNAMENT AND 17 PRACTICE COURTS, WHICH FURTHER HELPS PROVIDE RECREATIONAL AND CIVIC FACILITIES FOR THE GENERAL PUBLIC. BEGINNING IN 2014, THE NTC ENTERED INTO A SERIES OF FINANCING TRANSACTIONS REFERRED TO AS PRIVATE PLACEMENTS WHICH RESULTED IN THE NTC ISSUING $600 MILLION IN SENIOR SECURED FIXED RATE NOTES AND A $150 MILLION SENIOR SECURED REVOLVING CREDIT FACILITY. THE MAJORITY OF THE PROCEEDS OF THE PRIVATE PLACEMENT ARE TO PROVIDE FUNDING FOR A NUMBER OF CAPITAL PROJECTS AT THE NTC. PURSUANT TO AN AGREEMENT BETWEEN THE NTC AND UNITED STATES TENNIS ASSOCIATION, INC. ("USTA"), DATED AS OF JULY 1, 1993, AS AMENDED FROM TIME-TO-TIME THE NTC HAS THE RIGHT TO SELL AND COLLECT TICKET REVENUE FOR THE US OPEN TENNIS CHAMPIONSHIPS HELD AT THE USTA BILLIE JEAN KING NATIONAL TENNIS CENTER. PURSUANT TO THE NTC'S LEASE WITH NEW YORK CITY, CERTAIN PRIVATE PLACEMENT DOCUMENTS, AND THE AGREEMENT WITH THE USTA, THE US OPEN TENNIS CHAMPIONSHIPS ARE HELD ANNUALLY AT THE FACILITY. THE COMMUNITY TENNIS DEVELOPMENT PROGRAM AT THE NTC PROVIDES DIVERSE AND MULTIPLE OPPORTUNITIES TO THE SURROUNDING COMMUNITIES THAT ULTIMATELY PROMOTE AND DEVELOP THE GAME OF TENNIS. IN ADDITION TO PROMOTING VALUABLE SOCIAL SKILLS, THE MAIN GOAL OF THESE PROGRAMS IS TO ENSURE ALL PARTICIPANTS, REGARDLESS OF AGE AND GENDER, PURSUE ACTIVITIES WHICH ENRICH THEIR HEALTH AND PHYSICAL FITNESS. THIS GOAL IS ACHIEVED THROUGH THE FOLLOWING: a) RECREATION FACILITY: THE NTC IS OPEN TO THE PUBLIC SEVEN DAYS A WEEK, EXCEPT DURING THE US OPEN TENNIS CHAMPIONSHIPS OR WHEN CLOSED FOR NECESSARY REPAIRS. THROUGH OUR COMMUNITY OUTREACH INITIATIVES, THE GENERAL PUBLIC IS ENCOURAGED TO TAKE ADVANTAGE OF THE INDOOR/OUTDOOR TENNIS COURTS AND OTHER FACILITIES. COURTS MAY BE RESERVED UP TO TWO DAYS IN ADVANCE. DUE TO ITS INHERENT STRUCTURE, TENNIS IS A SAFE SPORT TO PLAY, EVEN WHEN OTHER SPORTS AND PHYSICAL ACTIVITIES WERE HAMPERED BY COVID-19 RESTRICTIONS. THEREFORE, THE NTC PROVIDED A SAFE HAVEN FOR TENS OF THOUSANDS OF NEW YORKERS TO GET PHYSICAL EXERCISE AND NEEDED SOCIALIZATION THROUGHOUT THE PANDEMIC, AND IT CONTINUES TO DELIVER PUBLIC ACCESS TO ONE OF THE HEALTHIEST SPORTS IN THE WORLD. NTC IS USING TENNIS TO INSPIRE HEALTHIER PEOPLE AND COMMUNITIES THROUGHOUT THE SURROUNDING COMMUNITIES AND THE NY METRO AREA. b) TENNIS CLINICS AND DEVELOPMENT: THE NTC CONDUCTS COMMUNITY OUTREACH CLINICS THROUGHOUT THE YEAR THAT BENEFIT THE SURROUNDING COMMUNITIES, AND MANY OF THE PUBLIC SCHOOLS THROUGHOUT QUEENS AND THE OTHER BOROUGHS. THESE CLINICS ARE HELD AT VARIOUS TIMES 11 MONTHS OF THE YEAR. THE NTC PARTNERS WITH COMMUNITY TENNIS ASSOCIATIONS, SUCH AS THE CITY PARKS FOUNDATION, NYJTL, AND THE WHEELCHAIR SPORTS FOUNDATION, TO PROVIDE DONATED COURTS AND INSTRUCTION. IN ADDITION TO THE CLINICS, THE NTC PROVIDES TENNIS INSTRUCTION WITH AN EDUCATIONAL COMPONENT FOR LOCAL SCHOOLS THROUGH P.A.C.E.S. (PROGRAM FOR ALTERNATIVE CLASSROOM ENVIRONMENT FOR STUDENTS). c) NTC TOURNAMENTS/EVENTS: THIS PROGRAM PROMOTES TENNIS PLAY AT THE NTC BY PROVIDING VARIOUS COMPETITIONS FOR LOCAL PLAYERS. HUNDREDS OF BOYS AND GIRLS, AGES 6-10 YEARS OLD, PARTICIPATE IN ORGANIZED, FUN, NON-ELIMINATION, MAXIMAL ENCOUNTER PLAY DAYS AND EVENTS UTILIZING SHORT COURTS, LOW COMPRESSION TENNIS BALLS AND APPROPRIATELY SIZED RACQUETS. OLDER YOUNGSTERS PARTICIPATE IN USTA SANCTIONED TOURNAMENTS. THE NTC ALSO HOSTS MANY OTHER SECTIONAL ADULT AND YOUTH EVENTS/TOURNAMENTS. d) NTC SUMMER CAMPS: HUNDREDS OF NYC CHILDREN ATTEND OUR SUMMER CAMPS IN WHICH THEY ARE PROVIDED BASIC TENNIS INSTRUCTION, INCLUDING MULTI-SPORT CROSS TRAINING. THE "NET GENERATION" PROGRAM IS SPECIFICALLY DESIGNED TO "FIT" YOUNGER CHILDREN. IN ADDITION TO BASIC FITNESS, ALL CAMPERS ARE IMBUED WITH QUALITIES OF GOOD SPORTSMANSHIP, LEADING TO OVERALL CHARACTER BUILDING. THESE SERVICES ARE PROVIDED AT AN AFFORDABLE COST MAKING IT POSSIBLE FOR YOUNGSTERS WHO WOULD NOT OTHERWISE GET THE CHANCE TO ATTEND CAMP OR RECEIVE TENNIS INSTRUCTION. HUNDREDS OF YOUNG PLAYERS PARTICIPATE ANNUALLY. e) NTC TEACHING PROGRAMS: THESE PROGRAMS PROVIDE THE PUBLIC WITH QUALITY, REASONABLY-PRICED TENNIS INSTRUCTION FROM USPTA AND/OR PTR CERTIFIED FULL-TIME TEACHING STAFF. THESE TEACHING PROGRAMS SERVICE THOUSANDS OF PLAYERS, FROM THE VERY YOUNG (3 YEARS) TO OUR SENIOR CITIZENS (90+ YEARS) WITH A WIDE VARIETY OF LESSON PLANS SUITED TO THEIR ABILITIES. THE INSTRUCTORS ALSO WORK IN CONJUNCTION WITH OTHER NTC PROGRAMS SUCH AS ADAPTIVE TENNIS FOR PHYSICALLY CHALLENGED POPULATIONS (I.E. WHEELCHAIR TENNIS). AS WITH OUR SUMMER CAMP PROGRAM, THE NET GENERATION PROGRAM IS BEING UTILIZED. FORM 990, PART VI, SECTION A, LINES 6, 7A AND 7B: THE UNITED STATES TENNIS ASSOCIATION INCORPORATED ("USTA") IS THE SOLE MEMBER OF NTC AND ELECTS THE DIRECTORS OF NTC. PURSUANT TO NTC'S BYLAWS, THE SOLE MEMBER HAS THE RIGHT TO REMOVE DIRECTORS WITH OR WITHOUT CAUSE, TO FILL VACANCIES IN THE BOARD OF DIRECTORS, AND TO AMEND THE CERTIFICATE OF INCORPORATION AND THE BYLAWS OF NTC. IN ADDITION, THE SOLE MEMBER HAS THE RIGHT TO APPROVE OR RATIFY CERTAIN DECISIONS OF THE BOARD OF DIRECTORS OF NTC (SUCH AS THE DECISION TO MERGE OR DISSOLVE) PURSUANT TO THE STATE OF NEW YORK NOT-FOR-PROFIT CORPORATION LAW. FORM 990, PART VI, SECTION B, LINE 11B: FORM 990 WAS PREPARED BY A NATIONALLY RECOGNIZED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. DRAFT FORM 990 WAS REVIEWED BY THE ORGANIZATION'S INTERNAL AND EXTERNAL LEGAL COUNSEL, THEN REVIEWED BY THE AUDIT COMMITTEE. FORM 990 IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS IN ADVANCE OF FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C: USTA NATIONAL TENNIS CENTER INCORPORATED ("NTC") HAS A CONFLICT OF INTEREST AND DISCLOSURE POLICY THAT APPLIES TO ALL EMPLOYEES AND THE BOARD MEMBERS. THE CONFLICT OF INTEREST AND DISCLOSURE POLICY REQUIRES AN EMPLOYEE AND BOARD MEMBER TO REPORT INTERESTS OR RELATIONSHIPS THAT COULD PRESENT A POTENTIAL CONFLICT OF INTEREST. THE NTC OBTAINS ANNUAL CERTIFICATIONS FROM EMPLOYEES AND BOARD MEMBERS. THE UNITED STATES TENNIS ASSOCIATION INCORPORATED ("USTA") IS THE SOLE MEMBER OF THE NTC ("SOLE MEMBER") AND ITS CHIEF ETHICS OFFICER REVIEWS THE COMPLETED DISCLOSURE STATEMENTS FOR EMPLOYEES AND THE SOLE MEMBER'S AUDIT COMMITTEE REVIEWS THE COMPLETED DISCLOSURE STATEMENTS FOR BOARD MEMBERS. THE CHIEF ETHICS OFFICER OF THE SOLE MEMBER AND THE CHAIR OF THE AUDIT COMMITTEE OF THE SOLE MEMBER HAVE THE DISCRETION TO SHARE THE DISCLOSURE STATEMENTS WITH THE ENTIRE BOARD OF DIRECTORS AND/OR ITS VICE PRESIDENTS. THE CHIEF ETHICS OFFICER AND THE AUDIT COMMITTEE OF THE SOLE MEMBER DETERMINE WHETHER A CONFLICT EXISTS AND SO MARK THEIR DECISION ON THE DISCLOSURE STATEMENT, ALSO INDICATING THE REQUIRED CORRECTIVE ACTION SHOULD THEY DETERMINE THAT A CONFLICT EXISTS (WHICH MAY INCLUDE, BUT IS NOT LIMITED TO, PROHIBITION IN PARTICIPATING, DELIBERATING AND DECIDING ISSUES AND/OR IN TRANSACTIONS). FORM 990, PART VI, SECTION B, LINES 15A AND 15B: THE COMPENSATION COMMITTEE HAS RESPONSIBILITY FOR ESTABLISHING A COMPENSATION STRATEGY AND SETTING THE COMPENSATION OF THE KEY EMPLOYEES OF NTC. THE COMPENSATION COMMITTEE MEETS A MINIMUM OF FOUR TIMES PER YEAR AND MAINTAINS MINUTES OF ITS MEETINGS. COMPENSATION AND INCENTIVE PLAN LEVELS ARE SET BY THE COMMITTEE FOLLOWING REVIEW OF APPROPRIATE COMPARABILITY DATA. APPROPRIATE COMPARABILITY DATA INCLUDES, BUT IS NOT LIMITED TO, (I) INFORMATION REGARDING COMPENSATION PAID BY SIMILAR ORGANIZATIONS FOR SIMILAR SERVICES, (II) THE AVAILABILITY OF SIMILAR SERVICES IN THE ORGANIZATION'S GEOGRAPHIC AREA, AND (III) COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS. LAST REVIEW COMPLETED IN THE FOURTH QUARTER OF 2023. FORM 990, PART VI, SECTION C, LINE 19: UPON REQUEST, THE PUBLIC IS PROVIDED COPIES OF THE ORGANIZATION'S TAX RETURN, FORM 990. IN ADDITION, THE BYLAWS AND THE CONFLICT OF INTEREST POLICY ARE ALSO AVAILABLE UPON REQUEST FROM THE ORGANIZATION'S LEGAL DEPARTMENT. UNITED STATES TENNIS ASSOCIATION INC 2500 WESTCHESTER AVENUE 411 PURCHASE NY 10577 135459420 Tennis NY 501(c)(6) N/A NA false USTA PLAYER DEVELOPMENT INC 2500 WESTCHESTER AVENUE 411 PURCHASE NY 10577 271368195 Youth Develop NY 501(c)(3) 12A USTA false USTA FOUNDATION INC 2500 WESTCHESTER AVENUE 411 PURCHASE NY 10577 133782331 Grant Giving NY 501(c)(3) 7 USTA false false false false false false false false false false false false false false true true false false false false USTA - SEE SCHEDULE R PART VII N CASH USTA - SEE SCHEDULE R PART VII O CASH PART V: LINE 1N - PURSUANT TO THE NTC CERTIFICATE OF INCORPORATION, CITY LEASE AND U.S. OPEN AGREEMENT, NTC MAKES THE FACILITY AVAILABLE TO USTA FOR HOLDING THE U.S. OPEN UNDER THE U.S. OPEN AGREEMENT. NTC HAS THE RIGHT TO COLLECT TICKET AND OTHER U.S. OPEN RELATED REVENUE. LINE 1O - EXECUTIVE AND ADMINISTRATIVE STAFF OF USTA PROVIDE ASSISTANCE TO NTC AT NO CHARGE.