2025-11-17T19:27:44-06:00 2024-12-31 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2024-01-01 131671529 UNITED STATES SAILING ASSOCIATION INC UNIT 4013427900 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 MONIKA MILLER CURRENT CFO 4013427900 2025-11-17 1 1 PATRICK J MARTIN P00283486 4012742001 2025-11-17 2024 2025-03-06 01:10:19Z MONIKA MILLER 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 10470885 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. 12 12 65 519 0 0 6927388 3124711 5170913 5832774 263182 363095 549753 538371 12911236 9858951 560110 482502 0 0 5248552 5131486 0 0 75701 6029751 6867236 11838413 12481224 1072823 -2622273 15120841 13812749 9359742 11151477 5761099 2661272 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 5475886 420000 1473215 THE OLYMPIC PROGRAM PROVIDES TRAINING AND SUPPORT OF THE TEAMS AND INDIVIDUALS PREPARING FOR OLYMPIC COMPETITIONS. SUPPORT INCLUDES COACHING, HEALTH AND NUTRITION, PHYSICAL AND PSYCHOLOGICAL STRENGTHENING, LOGISTICS, AND WEATHER FORECASTING SUPPORT. DURING THE SUMMER OF 2024 THE OLYMPICS WERE HELD IN FRANCE, WITH THE SAILING COMPETITIONS OCCURRING IN MARSEILLES. THE US SAILING TEAM CONSISTED OF 13 ATHLETES. 1705604 58503 2586104 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. 1795372 4000 2311826 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. 8976862 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 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 196 0 1 65 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 1 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 MONIKA MILLER 4013427926 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 RICHARD JEPSEN PRESIDENT/DIRECTOR (TO 11/24) 10.00 X X 0 0 0 MARIE ROGERS VICE PRESIDENT/DIRECTOR (TO 11/24) 5.00 X X 0 0 0 JOHN SCHOENDORF TREASURER/DIRECTOR 10.00 X X 0 0 0 CHARLIE ARMS SECRETARY/DIRECTOR (TO 11/24) 10.00 X X 0 0 0 HENRY BRAUER PRESIDENT (AS OF 11/24) 10.00 10.00 X X 0 0 0 PAMELA HEALY DIRECTOR 10.00 X 0 0 0 SARAH LIHAN DIRECTOR 10.00 X 0 0 0 STAN HONEY DIRECTOR 5.00 X 0 0 0 JUDGE RYAN DIRECTOR (TO 11/24) 5.00 X 0 0 0 MAGGIE SHEA DIRECTOR (TO 11/24) 5.00 X 0 0 0 LUKE MULLER DIRECTOR (AS OF 12/24) 5.00 X 0 0 0 SHEILA TOLLE DIRECTOR 5.00 X 0 0 0 MATT GALLAGHER SECRETARY/DIRECTOR (AS OF 11/24) 10.00 X X 0 0 0 LAURA GRONDIN VICE PRESIDENT (AS OF 11/24) 10.00 X X 0 0 0 BRIAN KEANE DIRECTOR/ FOUNDATION PRESIDENT (AS OF 2/24) 10.00 10.00 X 0 0 0 WILLIAM RUH DIRECTOR-FOUNDATION PRESIDENT (TO 2/24) 5.00 10.00 X 0 0 0 BOB KOTTLER DIRECTOR (AS OF 11/24) 5.00 X 0 0 0 MIKE VAN DYKE DIRECTOR (AS OF 11/24) 5.00 X 0 0 0 CHRIS BARNARD DIRECTOR (AS OF 12/24) 1.00 X 0 0 0 ALAN OSTFIELD CHIEF EXECUTIVE OFFICER 34.50 3.00 X 319454 0 26952 HEATHER MONOSON CHIEF FINANCIAL OFFICER (TO 3/24) 34.50 3.00 X 75375 0 3965 BLAINE PEDLOW SVP DEVELOPMENT 37.50 X 159362 0 9301 RENEE WETTERLAND HEAD OF HR/OPERATIONS 37.50 X 111073 0 7623 SALLY BARKOW OLYMPIC TEAM COACH 37.50 X 124746 0 22620 ERIC KRASNOO SVP MEMBERSHIP 37.50 X 188054 0 18764 ANDREW CLOUSTON SVP PROGRAM & SERVICES 37.50 X 169419 0 9524 1147483 0 98749 6 0 1 0 MARCUS LYNCH 2 QUEENS ROAD WARSASH HAMPSHIRE UK SO319JY OLYMPIC SAILING DIRECTOR 173077 1 115100 3009611 811877 3124711 ADULT PROGRAMS 711300 2769535 2769535 YOUTH PROGRAMS 711300 1442336 1442336 OLYMPIC PROGRAM 711300 1142534 1142534 OFFSHORE RACE SUPPORT 711300 459924 459924 OTHER EDUCATION SERVIC 711300 18445 18445 5832774 18018 18018 592731 129083 376737 0 215994 129083 345077 345077 683292 235197 448095 448095 MISCELLANEOUS INCOME 711300 90276 90276 90276 9858951 6371145 0 363095 X 35000 35000 447502 447502 425746 76634 349112 3896185 2907152 989033 161941 89880 72061 299622 161727 137895 347992 248412 99580 137044 48305 88739 64651 64651 1957296 1936470 20826 128525 59801 63801 4923 1370647 388074 942943 39630 237719 111851 118018 7850 459581 411600 35570 12411 1246909 1136279 104602 6028 5877 5877 149175 42096 145992 -38913 224190 100993 108728 14469 REGISTRATION AND EVENT 453731 368621 76633 8477 LOGISTICS 246427 244984 1443 CERTIFICATES 88680 88680 EQUIPMENT 62582 32722 29860 34202 34202 12481224 8976862 3428661 75701 1206160 597145 10319753 10417302 289624 285403 166888 262908 3661884 3463157 562032 198727 1025280 420234 1551104 1631030 15120841 13812749 6563157 7595530 1703543 1884881 400000 312011 1093042 959055 9359742 11151477 X 5332178 1615363 428921 1045909 5761099 2661272 15120841 13812749 -2622273 -183787 -293767 0 X X 0 1 X 1 0 X 4358051 4634332 7182723 6927388 3124711 26227205 5427567 6596950 7829231 5780416 6516066 32150230 9785618 11231282 15011954 12707804 9640777 58377435 135000 25000 25000 5000 190000 0 135000 25000 25000 5000 190000 58187435 13738 59569 29804 52878 18018 174007 13738 59569 29804 52878 18018 174007 80928 16023 10002 114247 90276 311476 9880284 11306874 15051760 12874929 9749071 58862918 0.98850 0.98710 0.00300 0.00360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 351083 21962 121046 251999 340648 23727 13292 351083 435764 -85072 10044 340648 382753 31000 22011 435764 346302 36451 382753 0.25884 0.74116 1 0 31250 22396 8854 1041104 1035301 5803 2589530 2405460 184070 198727 OTHER ASSETS 308497 OPERATING LEASES 1322533 1631030 OPERATING LEASES 959055 959055 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 57 447502 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 319454 0 0 0 0 0 15530 0 11422 0 346406 0 0 0 ERIC KRASNOO SVP MEMBERSHIP 176420 0 11634 0 0 0 9523 0 9241 0 206818 0 0 0 ANDREW CLOUSTON SVP PROGRAM & SERVICES 158047 0 11372 0 0 0 8500 0 1024 0 178943 0 0 0 BLAINE PEDLOW SVP DEVELOPMENT 151656 0 7706 0 0 0 8268 0 1033 0 168663 0 0 0 HENRY BRAUER BOARD MEMBER/PRESIDENT AS OF 11/24 SUPPORTING OPERATING EXPENSES X 200000 200000 0 1 1 BRIAN KEANE BOARD MEMBER SUPPORTING OPERATING EXPENSES X 200000 200000 0 1 1 400000 X 2 253877 FMV X EQUIPMENT 7 558000 COST 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 4 DURING THE TAX YEAR THE ORGANIZATION AMENDED ITS BYLAWS TO CHANGE THE FOLLOWING: - THE ADDITION OF COMPENSATION COMMITTEE CHAIR SHALL BE A NON-VOTING EX-OFFICIO MEMBER OF THE COMMITTEE. - AMEND THE ELECTION PROCEDURE FOR US SAILING'S SECRETARY AND TREASURER FROM A VOTE OF THE GENERAL MEMBERSHIP TO A VOTE OF THE BOARD OF DIRECTORS. - REMOVE REFERENCES TO THE FORMER POSITION OF EXECUTIVE DIRECTOR OF US OLYMPIC SAILING. THIS POSITION WAS RECONSTITUTED AS A HIGH PERFORMANCE DIRECTOR. - ADDED THE FOLLOWING BOARD ELIGIBILITY STANDARD: AN INDIVIDUAL IS INELIGIBLE FOR MEMBERSHIP ON THE BOARD OF DIRECTORS IF: - SUCH INDIVIDUAL IS UNDER INVESTIGATION BY AN NGB OR THE USOPC FOR ETHICS, ATHLETE SAFETY, OR OTHER DISCIPLINARY VIOLATIONS, THE U.S. CENTER FOR SAFESPORT FOR SAFESPORT CODE VIOLATIONS, OR THE U.S. ANTI-DOPING AGENCY FOR WORLD ANTI-DOPING CODE VIOLATIONS, OR - IN THE PREVIOUS 8 YEARS, SUCH INDIVIDUAL HAS A RECORD OF ANY NGB AND/OR USOPC ETHICS, ATHLETE SAFETY, OR OTHER DISCIPLINARY FINDINGS OR HAS SERVED ANY U.S. CENTER FOR SAFESPORT OR US ANTI-DOPING AGENCY PERIODS OF INELIGIBILITY. - AN INDIVIDUAL WHO HAS SUCH A RECORD FROM MORE THAN 8 YEARS PRIOR TO ANY PROPOSED BOARD OF DIRECTOR SERVICE MAY BE ELIGIBLE FOR MEMBERSHIP ON THE BOARD OF DIRECTORS PENDING A REVIEW BY THE ETHICS COMMITTEE. - APPROVED UPDATES TO THE USSA BYLAWS THAT IMPLEMENT THE SHORT TERM RECOMMENDED CHANGES PROPOSED PURSUANT TO THE US SAILING VOLUNTEER COMMITTEE REVIEW TASK FORCE FINDINGS (THE "TASK FORCE FINDINGS"). - PART DELETE THE CRUISE COMMITTEE (DEFUNCT) - DELETE THE BUDGET COMMITTEE (DUTIES PERFORMED BY STAFF) - DELETE THE MARKETING/ COMMUNICATIONS COMMITTEE (DUTIES PERFORMED BY STAFF) - DELETE THE COMMERCIAL COMMITTEE (DEFUNCT) - DELETE THE MANAGEMENT DIVISION: MOVE THE LONE REMAINING COMMITTEE IN THAT DIVISION, THE GOVERNMENT RELATIONS COMMITTEE, TO THE OVERSIGHT DIVISION. - RENAME THE INSHORE / SMALLER BOAT SAILING DISCIPLINES DIVISION TO "NEARSHORE COMPETITION DIVISION" - RENAME THE SAILING VENUES DIVISION TO THE "DIVISION OF SAILING ASSOCIATIONS" -TO COMBINE THE US YOUTH CHAMPIONSHIPS COMMITTEE, US JUNIOR CHAMPIONSHIPS COMMITTEE, AND THE US JUNIOR WOMEN'S CHAMPIONSHIPS COMMITTEE INTO ONE COMMITTEE CALLED THE US YOUTH/JUNIOR CHAMPIONSHIPS COMMITTEE. 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 1,936,470. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 20,826. TOTAL EXPENSES 1,957,296. FORM 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. UNITED STATES SAILING FOUNDATION 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 222667411 TO DIRECTLY SUPPORT A RELATED ORG DE 501(C)(3) SUPPORTING FOUNDATIO UNITED STATES ASSOCIATION INC 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 UNITED STATES SAILING FOUNDATION C 115100 COST