2025-11-17T10:44:22-06:00 2024-12-31 473535842 DAVIS FARR LLP 18201 VON KARMAN AVE SUITE 1100 IRVINE CA 92612 990 2024-01-01 520963363 MOTORCYCLE SAFETY FOUNDATION INC MOTO 9497273227 15635 ALTON PARKWAY 390 IRVINE CA 926187333 CHRISTY LACURELLE PRESIDENT AND CEO 9497273227 2025-11-14 1 1 TRITIA FOSTER P02164134 9494742020 2024 2025-03-06 01:10:19Z CHRISTY LACURELLE 15635 ALTON PARKWAY 390 IRVINE CA 926187333 8809925 0 X WWW.MSF-USA.ORG X 1973 DC TO PROMOTE MOTORCYCLE SAFETY 10 10 22 10 10124 867 28000 0 7256321 8076878 36426 40175 392763 418763 7713510 8535816 0 0 0 0 3670398 3957342 0 0 0 4251445 4247415 7921843 8204757 -208333 331059 6287779 6544946 1756516 1682622 4531263 4862324 TO MAKE MOTORCYCLING SAFER AND MORE ENJOYABLE BY ENSURING ACCESS TO LIFELONG QUALITY EDUCATION AND TRAINING FOR CURRENT AND PROSPECTIVE RIDERS, AND BY ADVOCATING A SAFER RIDING ENVIRONMENT. 0 0 PROGRAM SERVICES - THE OBJECTIVE OF THE PROGRAM SERVICES DEPARTMENT IS TO PROVIDE ADMINISTRATIVE, FINANCIAL, MATERIALS AND TECHNICAL SUPPORT FOR RIDER TRAINING PROGRAMS. COMMUNICATIONS PROGRAM - THE OBJECTIVE IS TO COMMUNICATE THE RESPONSIBILITIES AND SAFETY NEEDS OF MOTORCYCLISTS AND TO INCREASE PUBLIC AWARENESS OF AVAILABLE RIDER EDUCATION PROGRAMS. GOVERNMENT RELATIONS - THE OBJECTIVE OF THE GOVERNMENT RELATIONS PROGRAM IS TO MONITOR LEGISLATIVE AND REGULATORY MATTERS. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 198 0 22 1 1 1 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA OK X ANN VISAN 9497273227 15635 ALTON PARKWAY SUITE 390 IRVINE CA 926187333 X CROFT LONG CHAIR 0.50 0.50 X X 0 0 0 CHASE RASTEGAR VICE CHAIR 0.50 0.50 X X 0 0 0 KEN DURR SECRETARY/TREASURER 0.50 0.50 X X 0 0 0 PATTI ELLSWORTH TRUSTEE 0.50 0.50 X 0 0 0 DANE HOECHST TRUSTEE 0.50 0.50 X 0 0 0 JAMES NICHOLSON TRUSTEE 0.50 0.50 X 0 0 0 GUIDO ZUCCONI TRUSTEE 0.50 0.50 X 0 0 0 STEPHANE BERTRAND MEMBER 0.50 1.50 X 0 0 0 SHAWN MCLEAN MEMBER 0.50 0.50 X 0 0 0 BLAINE SCHUTTLER MEMBER 0.50 0.50 X 0 0 0 ERIK PRITCHARD PRESIDENT & CEO 8.38 29.12 X 0 312759 33115 CHRISTY LACURELLE PRESIDENT & CEO 9.38 30.12 X 0 112500 10184 SCOTT SCHLOEGEL SR. VP, GOVT'T RELATIONS 7.00 30.50 X 0 502973 56071 VIRIDIANA SANCHEZ COO 9.38 28.12 X 0 312269 50529 ALEXANDER BERGER GENERAL COUNSEL 14.50 23.00 X 0 331971 24809 ELI RALSTON DIRECTOR, IT 9.38 28.12 X 0 227480 39193 RAY OCHS VP, TRAINING SYSTEMS 32.75 4.75 X 183899 0 37820 CINNAMON KERNES VP, MARKETING EXPANSION & EVENTS 9.38 28.12 X 0 223226 27123 JACQUELINE PETERSON VP, COMMUNICATIONS 9.38 28.12 X 0 215071 25394 183899 2238249 304238 1 0 1 0 0 DIGITAL REVENUE-COURSE 900099 2108394 2108394 MEMBERSHIP DUES 900099 1785863 1785863 RIDER COURSE LIABILITY 900099 1429316 1429316 STATE PROGRAMS-RIDER T 900099 1311590 1311590 TRAINING CAMPUS INCOME 900099 1241056 1241056 200659 200659 8076878 40175 40175 12548 12548 472279 274109 198170 188046 10124 MISCELLANEOUS 900099 208045 208045 208045 8535816 8485517 10124 40175 625424 2428908 163420 514961 224629 8991 23137 185420 162786 175041 219314 176812 206405 8504 202687 1653006 EDUCATION & TRAINING 931278 POSTAGE & FREIGHT 81766 AUTO EXPENSE 61369 RESEARCH 42135 108764 8204757 3237828 3451309 246887 511624 700058 631472 388584 294092 1297673 1364009 1669626 1404306 392850 265320 23899 27120 6287779 6544946 625718 547217 620502 675593 510296 459812 1756516 1682622 X 4531263 4862324 4531263 4862324 6287779 6544946 331059 0 X X 0 1 X 1 0 0 0 0 1785863 15036 15036 15036 84788 84788 0 322973 322171 802 1261865 997347 264518 265320 DUE TO AFFILIATES 235212 OPERATING LEASE LIABILITY 224600 459812 X PART X, LINE 2: MSF IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE CODES. HOWEVER, MSF IS SUBJECT TO THE PROXY TAX ON LOBBYING AND POLITICAL EXPENDITURES. NEW MEXICO ASSESSES A GROSS RECEIPTS TAX ON ALL REVENUES GENERATED IN NEW MEXICO. FOR THE YEAR ENDED DECEMBER 31, 2024, MSF PAID $3,158 IN PROXY TAX. ADDITIONALLY, MSF PAYS TAX ON UNRELATED BUSINESS INCOME, IF ANY. MSF'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR THE LAST FOUR FISCAL YEARS ARE SUBJECT TO IRS EXAMINATION AND STATE TAXING AUTHORITIES. BECAUSE APPLICATION OF TAX LAWS AND REGULATIONS FOR MANY TYPES OF TRANSACTIONS IS SUSCEPTIBLE TO VARYING INTERPRETATIONS, AMOUNTS REPORTED IN MSF'S FINANCIAL STATEMENTS COULD BE CHANGED AT A LATER DATE UPON FINAL DETERMINATION BY TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT APPROPRIATE PROVISIONS FOR ALL OUTSTANDING ISSUES HAVE BEEN MADE FOR ALL YEARS UNDER EXAMINATION AND DOES NOT BELIEVE IT HAS ANY UNCERTAIN INCOME TAX POSITIONS THAT COULD MATERIALLY AFFECT ITS FINANCIAL STATEMENTS AT BOTH THE FEDERAL AND STATE JURISDICTION LEVELS. NMSF IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE CODES. X X X X X 0 1 0 SCOTT SCHLOEGEL SR. VP, GOVT'T RELATIONS 0 414106 0 88867 0 0 0 25875 0 30196 0 559044 0 0 VIRIDIANA SANCHEZ COO 0 275269 0 37000 0 0 0 20800 0 29729 0 362798 0 0 ALEXANDER BERGER GENERAL COUNSEL 0 311971 0 20000 0 0 0 24784 0 25 0 356780 0 0 ERIK PRITCHARD PRESIDENT & CEO 0 194746 0 118013 0 0 0 23457 0 9658 0 345874 0 0 ELI RALSTON DIRECTOR, IT 0 222480 0 5000 0 0 0 17061 0 22132 0 266673 0 0 CINNAMON KERNES VP, MARKETING EXPANSION & EVENTS 0 213226 0 10000 0 0 0 15992 0 11131 0 250349 0 0 JACQUELINE PETERSON VP, COMMUNICATIONS 0 215071 0 0 0 0 0 15312 0 10082 0 240465 0 0 RAY OCHS VP, TRAINING SYSTEMS 178899 0 5000 0 0 0 13792 0 24028 0 221719 0 0 0 PART I, LINE 4B MIC HAS ADOPTED A NONQUALIFIED, DEFERRED COMPENSATION SAVINGS PLAN FOR CERTAIN KEY EMPLOYEES. UNDER THIS ARRANGEMENT, SELECTED EMPLOYEES CONTRIBUTE A PORTION OF THEIR ANNUAL COMPENSATION TO THE DEFERRED COMPENSATION SAVINGS PLAN HELD BY MIC IN AN INVESTMENT ACCOUNT FOR THE BENEFIT OF PLAN PARTICIPANTS. THE INVESTMENT ACCOUNTS ARE TYPICALLY HELD IN MUTUAL FUNDS. FUNDS IN THIS PLAN MAY BE DISTRIBUTED TO EACH PLAN BENEFICIARY WHEN THEY RETIRE FROM SERVICE WITH MIC. UNDER THE TERMS OF THE PLAN, PARTICIPANTS' ACCOUNTS REPRESENT UNSECURED CLAIMS AGAINST MIC. THE PARTICIPANTS' INVESTMENT ACCOUNT HAS BEEN PRESENTED AS DEFERRED COMPENSATION INVESTMENTS, WITH A CORRESPONDING LIABILITY FOR BENEFIT PAYMENTS PRESENTED AS DEFERRED COMPENSATION PAYABLES ON THE ACCOMPANYING FINANCIAL STATEMENTS. THERE WERE NO EMPLOYER CONTRIBUTIONS TO THE PLAN IN 2024. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE COMPRISED OF INDIVIDUALS WHO PAY DUES. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER, IN GOOD STANDING, WHO PAYS DUES MAY DESIGNATE ONE FULL-TIME EMPLOYEE AS A TRUSTEE. IN THE EVENT THERE ARE MORE THAN SEVEN MEMBERS IN GOOD STANDING, THEN THE FIVE MEMBERS WITH THE LARGEST PERCENTAGES OF THE U.S. MOTORCYCLE MARKET, FOR THE PRIOR CALENDAR YEAR, SHALL EACH HAVE THE RIGHT TO DESIGNATE ONE FULL-TIME EMPLOYEE AS A TRUSTEE. EACH OF THE REMAINING TWO TRUSTEE POSITIONS SHALL BE FILLED BY A FULL-TIME EMPLOYEE OF ANY OF THE OTHER MEMBERS OF THE FOUNDATION AND SHALL BE ELECTED BY A VOTE OF ALL MEMBERS OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7B ALL AMENDMENTS TO THE BYLAWS ARE PRESENTED TO AND MUST BE APPROVED BY THE FOUNDATION'S MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF FORM 990 IS PROVIDED TO MANAGEMENT AND THE AUDIT COMMITTEE FOR REVIEW AND COMMENT; THE ENTIRE BOARD RECEIVES A DRAFT PRIOR TO FILING OF THE TAX RETURN. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO REVIEW THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND UPDATE THEIR DISCLOSURES. UPDATED DISCLOSURE STATEMENTS ARE REVIEWED BY LEGAL COUNSEL; LEGAL COUNSEL INVESTIGATES DISCLOSURES THAT COULD RESULT IN POTENTIAL ISSUES OR CONFLICTS OF INTEREST. CONFLICT OF INTEREST POLICY: YOU ARE EXPECTED TO AVOID ANY ACTIVITY, AGREEMENT, BUSINESS INVESTMENT OR INTEREST, OR OTHER SITUATION WHICH COULD APPEAR THAT YOU ARE IMPROPERLY BENEFITTING FROM YOUR EMPLOYMENT WITH THE ASSOCIATIONS. THIS INCLUDES THE USE OF YOUR RELATIONSHIP WITH THE ASSOCIATIONS FOR PERSONAL PROFIT OR ADVANTAGE, EITHER DIRECTLY OR INDIRECTLY, SUCH AS THE TAKING OF MONEY, MERCHANDISE OR SERVICES FROM A VENDOR OR MEMBER FOR PERSONAL GAIN. GOOD JUDGMENT WILL PREVENT THE POSSIBILITY OF A CONFLICT OF INTEREST FROM ARISING. HOWEVER, IF YOU ENGAGE OR PLAN TO ENGAGE IN ANY ACTIVITY OR TRANSACTION WHICH MIGHT CAUSE AN ACTUAL OR PERCEIVED CONFLICT OF INTEREST, YOU MUST DISCLOSE THE SITUATION IN ADVANCE TO YOUR SUPERVISOR. PLEASE CONSULT HUMAN RESOURCES IF YOU HAVE ANY QUESTIONS REGARDING THIS POLICY. THE PRESIDENT, A VICE PRESIDENT OR THE BOARD MUST BE CONSULTED BEFORE THE HIRING OF ASSOCIATES, CONTRACTING FOR SERVICES, OR PURCHASING FROM SUPPLIERS THAT ARE RELATED TO, OR FINANCIALLY ASSOCIATED WITH, AN ASSOCIATE. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE COMPENSATION COMMITTEE (COMPRISED OF 3 OR MORE ELECTED BOARD MEMBERS) MEETS TO REVIEW, APPROVE, AND DOCUMENT THE PRESIDENT'S COMPENSATION. THE REVIEW PROCESS INCLUDES, BUT IS NOT LIMITED TO, ANALYSIS OF COMPENSATION LEVELS FOR OTHER INDUSTRY LEADERS, AMERICAN RESEARCH CORPORATION SURVEY AND ANALYSIS OF CEO COMPENSATION, FINANCIAL RESULTS AND STEWARDSHIP, AND ACCOMPLISHMENTS RELATED TO THE ORGANIZATION'S STRATEGIC PLANS. IN ADDITION, THE COMPENSATION COMMITTEE REVIEWS THE PROPOSED COMPENSATION OF THE OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES AVAILABLE FOR PUBLIC INSPECTION A COPY OF ITS EXEMPTION APPLICATION AND ITS ANNUAL RETURNS FOR THE PRECEDING THREE YEARS FOR ANYONE WHO REQUESTS TO SEE THEM IN PERSON OR IN WRITING. THE DOCUMENTS ARE AVAILABLE DURING REGULAR BUSINESS HOURS AT THE ORGANIZATION'S OFFICE. A COPY IS GENERALLY FURNISHED ON THE SAME DAY WHEN THE REQUEST IS MADE IN PERSON, OR WITHIN 30 DAYS OF RECEIVING A WRITTEN REQUEST. FORM 990 PART VII SECTION A COMPENSATION MOTORCYCLE SAFETY FOUNDATION, INC. SHARES COMMON PERSONNEL WITH THE FOLLOWING ORGANIZATIONS EXEMPT UNDER IRS CODE SECTION 501(C): SPECIALTY VEHICLE INSTITUTE OF AMERICA MOTORCYCLE INDUSTRY COUNCIL, INC. NATIONAL MOTORCYCLE SAFETY FUND, INC. RECREATIONAL OFF-HIGHWAY VEHICLE ASSOCIATION THE RIGHT RIDER ACCESS FUND, INC. TO MINIMIZE OVERHEAD AND ADMINISTRATIVE EXPENSES FOR THE ORGANIZATIONS, SHARED PERSONNEL ARE REQUIRED TO PERFORM CERTAIN ADMINISTRATIVE FUNCTIONS FOR ALL OF THE ORGANIZATIONS. THE DUTIES AND RESPONSIBILITIES ARE SET FORTH IN SEPARATE AGREEMENTS BETWEEN THE ORGANIZATIONS. TO THE EXTENT NECESSARY OR REQUIRED BY THE AGREEMENTS, THE COUNCIL IS REIMBURSED FOR THE COSTS ASSOCIATED WITH THE SERVICES PROVIDED ON BEHALF OF THE OTHER OTHER ORGANIZATIONS. FORM 990 PART XII LINE 2C THE AUDIT OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MOTORCYCLE INDUSTRY COUNCIL INC 15635 ALTON PARKWAY SUITE 390 IRVINE CA 92618 314394320 TRADE ASSOCIATION NY 501(C)(6) 0 SPECIALTY VEHICLE INSTITUTE OF AMERICA 15635 ALTON PARKWAY SUITE 390 IRVINE CA 92618 330044256 TRADE ASSOCIATION DC 501(C)(6) 0 RECREATIONAL OFF-HIGHWAY VEHICLE ASSOCIATION 15635 ALTON PARKWAY SUITE 390 IRVINE CA 92618 261703128 TRADE ASSOCIATION CA 501(C)(6) 0 NATIONAL MOTORCYCLE SAFETY FUND INC 15635 ALTON PARKWAY SUITE 390 IRVINE CA 92618 521228981 MOTORCYCLE SAFETY EDUCATION DC 501(C)(3) LINE 7 MOTORCYCLE SAFETY FOUNDATION 0 THE RIGHT RIDER ACCESS FUND INC 15635 ALTON PARKWAY SUITE 390 IRVINE CA 92618 452038902 OFF-HIGHWAY VEHICLE SAFETY DC 501(C)(3) LINE 7 0 TRANSTAND INC 15635 ALTON PARKWAY SUITE 390 IRVINE CA 92618 204898937 SOFTWARE DEVELOPMENT CA MOTORCYCLE INDUSTRY COUNCIL INC C 0 0 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 1 0 0 MOTORCYCLE INDUSTRY COUNCIL P 714904 COST NATIONAL MOTORCYCLE SAFETY FUND P 830 COST RECREATIONAL OFF-HIGHWAY VEHICLE ASSOCIATION Q 24518 COST SPECIALTY VEHICLE INSTITUTE OF AMERICA Q 4141 COST MOTORCYCLE INDUSTRY COUNCIL Q 238523 COST MOTORCYCLE INDUSTRY COUNCIL K 224600 COST SCHEDULE R PART V MIC INCURS CERTAIN PROGRAM COSTS SHARED WITH MSF, SUCH AS PAYROLL AND RELATED COSTS, UTILITIES, AND OCCUPANCY EXPENSE. DURING THE YEAR ENDED DECEMBER 31, 2024, MSF RECORDED COSTS OF APPROXIMATELY $714,904 FOR SHARED COSTS REIMBURSABLE TO MIC. THESE COSTS ARE REIMBURSED THROUGHOUT THE YEAR. AS OF DECEMBER 31, 2024, MSF HAS AN AMOUNT DUE FROM AFFILIATES OF $25,347 FOR THESE SHARED COSTS PAID FOR BY MSF SHARED WITH SVIA AND ROHVA, AND AN AMOUNT DUE TO AFFILIATES OF $235,212 FOR COSTS PAID BY MIC AND SHARED WITH MSF. MSF LEASES OFFICE SPACE IN IRVINE, CALIFORNIA, UNDER A NONCANCELABLE OPERATING LEASE AGREEMENT, WHICH IS SCHEDULED TO EXPIRE ON AUGUST 31, 2025. THE LEASE REQUIRES MINIMUM MONTHLY PAYMENTS OF $32,042 THROUGH AUGUST 2024, AND $33,248 EFFECTIVE IN SEPTEMBER 2024. MSF SHARES THE OFFICE SPACE AND RELATED EXPENSES WITH MIC, SVIA AND ROHVA. MSF'S PRO RATA SHARE OF THE MONTHLY LEASE PAYMENTS WAS $11,215 THROUGH AUGUST 2024, AND $11,637 EFFECTIVE IN SEPTEMBER 2024. MSF ALSO LEASES OFFICE SPACE IN ARLINGTON, VIRGINIA, UNDER A NONCANCELABLE OPERATING LEASE AGREEMENT THAT EXPIRES ON JULY 31, 2029. THE LEASE REQUIRES MINIMUM MONTHLY PAYMENTS OF $7,559 THROUGH JULY OF 2024, THEN $7,771 THROUGH THE END OF THE CALENDAR YEAR. MSF SHARES THE OFFICE SPACE AND RELATED EXPENSES WITH MIC, SVIA AND ROHVA. MSF'S PRO RATA SHARE OF THE MONTHLY LEASE PAYMENTS IS $1,835. IN ADDITION TO THE MINIMUM MONTHLY PAYMENTS, MSF IS RESPONSIBLE FOR ITS PRO RATA SHARE OF REAL ESTATE TAXES AND OPERATING EXPENSES UNDER THE LEASE AGREEMENTS. THE LEASE AGREEMENTS CONTAIN PROVISIONS FOR BASE RENT INCREASES OVER THE TERMS OF THE LEASES, AS WELL AS, INCREASES BASED ON MSF'S PRO RATA SHARE OF INCREASES IN REAL ESTATE TAXES AND OPERATING EXPENSES. MSF INCLUDES IN THE DETERMINATION OF THE RIGHT-OF-USE ASSETS AND LEASE LIABILITIES ANY RENEWAL OPTIONS WHEN THE OPTIONS ARE REASONABLY CERTAIN TO BE EXERCISED. THE WEIGHTED-AVERAGE DISCOUNT RATE IS BASED ON THE DISCOUNT RATE IMPLICIT IN THE LEASE. MSF ELECTED THE OPTION TO USE THE RISK-FREE RATE DETERMINED USING A PERIOD COMPARABLE TO THE LEASE TERMS AS THE DISCOUNT RATE FOR LEASES WHERE THE IMPLICIT RATE IS NOT READILY DETERMINABLE. MSF LEASES AN OFFICE IN GLENVILLE, NEW YORK, UNDER A NONCANCELABLE OPERATING LEASE AGREEMENT, WHICH IS SCHEDULED TO EXPIRE ON DECEMBER 31, 2025. THE LEASE REQUIRES MONTHLY PAYMENTSOF $2,800.