2023-11-15T11:40:32-06:00 2022-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2022-01-01 236275472 UNITED STATES ROWING ASSOCIATION UNIT 6097510700 1 S POST ROAD WEST WINDSOR NJ 08550 AMANDA KRAUS CHIEF EXECUTIVE OFFICER 6097510700 2023-11-11 1 AMANDA KRAUS 999009999 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X AMANDA KRAUS 1 S POST ROAD WEST WINDSOR NJ 08550 13209232 0 X WWW.USROWING.ORG X 1970 NJ TO STEWARD, STRENGTHEN, AND GROW AMERICAN ROWING 12 12 49 75 0 0 7260652 4822450 6654358 7360429 57559 -58150 336153 632649 14308722 12757378 200600 100895 0 0 3767458 4014630 0 0 1256261 8647591 10055939 12615649 14171464 1693073 -1414086 3941126 2488873 2247220 2208206 1693906 280667 TO STEWARD, STRENGTHEN, AND GROW AMERICAN ROWING BY CHAMPIONING PERFORMANCE AND IGNITING NEW PASSION FOR THE SPORT. (SEE SCHEDULE O). 0 0 6201672 100895 1606295 TO PROVIDE FINANCING, EQUIPMENT, AND RESOURCES FOR THE NATIONAL AND JUNIOR NATIONAL TEAMS TO ALLOW THEM TO TRAIN AND COMPETE. 4820433 5754134 TO PROMOTE THE DEVELOPMENT FOR THE SPORT OF ROWING THROUGHOUT THE UNITED STATES OF AMERICA AND TO PROVIDE SUPPORT FOR PROGRAMMATIC ACTIVITIES DURING THE YEAR. TO ORGANIZE AND HOLD REGATTAS, CONFERENCES, AND OTHER EVENTS RELATED TO THE PROMOTION OF THE SPORT OF ROWING. 11022105 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 350 0 1 49 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 AL CA FL GA IL IN KS KY MA MD MI MN NC NH NJ NY OK OR PA SC TN VA WI X X AMANDA KRAUS 6097510700 1 S POST ROAD WEST WINDSOR NJ 08550 SHARON WIENBAR WESTERN REGION REPRESENTATIVE 10.00 X 0 0 0 TAYLOR RITZEL FEMALE ATHLETE REPRESENTATIVE 10.00 X 0 0 0 DARIUSH AGHAI MALE ATHLETE REPRESENTATIVE 10.00 X 0 0 0 LISA STONE NORTHEAST REGION REPRESENTATIVE 10.00 X 0 0 0 KEVIN HARRIS AT-LARGE REPRESENTATIVE 10.00 X 0 0 0 NOBUHISA ISHIZUKA AT-LARGE REPRESENTATIVE 10.00 X 0 0 0 MARNIE STAHL CENTRAL REGION REPRESENTATIVE 10.00 X 0 0 0 SARA HENDERSHOT USOC-AAC ATHLETE REPRESENTATIVE 10.00 X 0 0 0 ROBIN PRENDES USOC-AAC ALTERNATE ATHLETE REPRESENTATIVE 10.00 X 0 0 0 STEVEN PRITZKER AT-LARGE REPRESENTATIVE 10.00 1.00 X 0 0 0 DONALD REYNOLDS AT-LARGE REPRESENTATIVE 10.00 X 0 0 0 STEPHEN N CIRAOLO ATLANTIC REGION REPRESENTATIVE 10.00 X 0 0 0 AMANDA KRAUS CHIEF EXECUTIVE OFFICER 50.00 X 292050 0 8761 JOHANNES VERDONKSCOT CHIEF HIGH PERFORMING OFFICER 40.00 X 196331 0 4874 RICHARD CACIOPPO CHIEF PROGRAM OFFICER 40.00 X 157290 0 9422 TRACY BROWN SENIOR DIRECTOR, PHILANTHROPIC GIVING 40.00 X 131139 0 13231 LAUREL KORHOLZ COACH 40.00 X 134333 0 12395 MARC NOWAK DIRECTOR OF ATHLETE HEALTH 40.00 X 148407 0 14734 1059550 0 63417 8 0 1 0 0 195975 100000 468413 4058062 4822450 REGATTAS/CAMPS 713990 3935757 3935757 MEMBERSHIP DUES 713990 3424672 3424672 7360429 19994 19994 240132 318276 -78144 -78144 -78144 254124 195975 133578 120546 120546 363576 0 363576 363576 OTHER INCOME 900099 148527 148527 148527 12757378 7872532 0 62396 100895 100895 300811 183112 59212 58487 3147932 1920065 614499 613368 54875 36464 6889 11522 225516 128123 56680 40713 285496 192608 32589 60299 124075 8417 115658 27500 27500 5761 5761 947875 447165 432376 68334 191169 128331 47280 15558 179702 107667 36511 35524 274838 188594 86234 10 2862509 2677924 70992 113593 100965 32439 68526 1424717 1400341 24376 EVENTS 2321862 2045574 62630 213658 INCLUSION AND GRANT EXP 556169 556169 STIPENDS 405124 404624 500 UNIFORMS 283023 283023 350650 180570 144885 25195 14171464 11022105 1893098 1256261 1956299 465106 738838 686622 327029 355512 185925 278373 1493981 1455597 125724 38384 607311 529422 0 135454 3941126 2488873 404830 454886 1375757 1468887 466633 148979 0 135454 2247220 2208206 X -100905 -248755 1794811 529422 1693906 280667 3941126 2488873 -1414086 847 0 X 0 1 X 1 0 X 4401265 4585009 4079178 7260652 4822450 25148554 4401265 4585009 4079178 7260652 4822450 25148554 619027 24529527 163317 166529 30425 3852 19994 384117 26936 28546 70528 166447 148527 440984 25973655 40162670 0.94440 0.93840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 607311 -63064 14825 529422 543669 63642 607311 500321 43348 543669 428025 72296 500321 450764 -22739 428025 1.00000 0 0 1493981 1455597 38384 38384 RIGHT-OF-USE ASSET OPERATING LEASE 135454 135454 LEASE LIABILITY 135454 135454 12886042 847 -5761 -4914 12890956 -133578 -133578 12757378 14299281 133578 133578 14165703 5761 5761 14171464 PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEE PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEE GOLDEN OARS 450099 195975 254124 67500 18000 48078 450099 195975 254124 67500 18000 48078 133578 120546 0 SCHOLARSHIPS 38 100895 PART I, LINE 2: USROWING PROVIDES SCHOLARSHIPS TO ATHLETES WHO NEED FINANCIAL AID TO PARTICIPATE IN THE ORGANIZATION'S OLYMPIC DEVELOPMENT PROGRAM. SCHOLARSHIPS ARE AWARDED BASED ON AN APPLICATION PROCESS AND THE RECIPIENTS SELECTED BY A COMMITTEE. X 1 1 X X 0 0 0 0 0 0 0 0 0 AMANDA KRAUS CHIEF EXECUTIVE OFFICER 242050 0 50000 0 0 0 8761 0 0 0 300811 0 0 0 JOHANNES VERDONKSCOT CHIEF HIGH PERFORMING OFFICER 196331 0 0 0 0 0 0 0 4874 0 201205 0 0 0 RICHARD CACIOPPO CHIEF PROGRAM OFFICER 157290 0 0 0 0 0 0 0 9422 0 166712 0 0 0 MARC NOWAK DIRECTOR OF ATHLETE HEALTH 148407 0 0 0 0 0 4456 0 10278 0 163141 0 0 0 FORM 990 PART III LINE 1 MISSION STATEMENT IN PURSUIT OF THIS MISSION, USROWING WILL ACHIEVE THE FOLLOWING RESULTS: STEADILY INCREASE AWARENESS OF ROWING CONSISTENTLY GROW LIFETIME PARTICIPATION IN ROWING PROVIDE EDUCATION ON ROWING SAFETY, HEALTHY TRAINING METHODS, AND EFFECTIVE ROWING TECHNIQUE PROVIDE STANDARDS FOR ALL ROWERS OF SAFE, FAIR RACING CONTINUALLY IMPROVE PERFORMANCE AT THE OLYMPIC GAMES MAINTAIN FISCAL GROWTH AND RESPONSIBILITY USROWING IS A NONPROFIT MEMBERSHIP ORGANIZATION RECOGNIZED BY THE UNITED STATES OLYMPIC & PARALYMPIC COMMITTEE AS THE NATIONAL GOVERNING BODY FOR THE SPORT OF ROWING IN THE UNITED STATES. USROWING SELECTS, TRAINS AND MANAGES THE TEAMS THAT REPRESENT THE U.S. IN INTERNATIONAL COMPETITION, INCLUDING THE WORLD CHAMPIONSHIPS, PAN AMERICAN GAMES, OLYMPIC GAMES AND PARALYMPIC GAMES. MORE THAN 75,000 INDIVIDUALS AND 1,300 ORGANIZATIONS STRONG, USROWING SERVES AND PROMOTES THE SPORT ON ALL LEVELS OF COMPETITION. USROWING MEMBERSHIP REFLECTS THE SPECTRUM OF AMERICAN ROWERS -- JUNIORS, COLLEGIANS, MASTERS AND THOSE WHO ROW FOR RECREATION, COMPETITION, OR FITNESS. FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE MARCH 2023,US ROWING AMENDED ITS BY-LAWS. SIGNIFICANT CHANGES CONTAINED THEREIN INCLUDE, BUT ARE NOT LIMITED TO: - THE MISSION STATEMENT OF US ROWING WAS AMENDED AS SET FORTH IN PART III, LINE 1. - CERTAIN CHANGES WERE MADE TO BE IN COMPLIANCE WITH THE TED STEVENS OLYMPIC AND AMATEUR SPORTS ACT, 36 U.S.C. SECTION 220501. - INDIVIDUAL MEMBERS ARE REQUIRED TO COMPLY WITH ALL ANTI-DOPING RULES OF THE WORLD ANTI-DOPING AGENCY, WORLD ROWING, THE USOPC INCLUDING THE USOPC NATIONAL ANTI-DOPING POLICY, AND THE U.S. ANTI-DOPING AGENCY ("USADA"), INCLUDING THE USADA PROTOCOL FOR OLYMPIC AND PARALYMPIC MOVEMENT TESTING ("USADA PROTOCOL") AND ALL OTHER POLICIES AND RULES ADOPTED BY WADA, WORLD ROWING, THE USOPC AND USADA. - AN EXPANDED DISCUSSION WITH RESPECT TO THE GOVERNANCE OF THE ASSOCIATION WAS ADDED. - QUALIFICATIONS OF DIRECTORS WERE MODIFIED. -COMPOSITION/POWERS OF THE BOARD WAS MODIFIED. - THE BOARD'S AUTHORITY WITH RESPECT TO ESTABLISHMENT OF COMMITTEE WAS MODIFIED. FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION HAS FOUR CLASSES OF MEMBERSHIP: INDIVIDUAL MEMBERS, ORGANIZATIONAL MEMBERS, NATIONAL ASSOCIATION MEMBERS AND ATHLETE MEMBERS. THE ORGANIZATIONAL AND ATHLETE MEMBERS PARTICIPATE IN THE ELECTION OF BOARD MEMBERS. NONE OF THE MEMBERS RECEIVE A SHARE OF THE ASSOCIATION'S PROFITS OR EXCESS DUES OR A SHARE OF THE ASSOCIATION'S NET ASSETS UPON DISSOLUTION. FORM 990, PART VI, SECTION A, LINE 7A THE ASSOCIATION HAS FOUR CLASSES OF MEMBERSHIP: INDIVIDUAL MEMBERS, ORGANIZATIONAL MEMBERS, NATIONAL ASSOCIATION MEMBERS AND ATHLETE MEMBERS. THE INDIVIDUAL MEMBERS ARE ELIGIBLE TO VOTE SOLELY TO ELECT THE MALE VICE CHAIR AND FEMALE VICE CHAIR OF THE ASSOCIATION. ORGANIZATIONAL MEMBERS ARE ELIGIBLE TO VOTE TO ELECT REGIONAL DIRECTORS AND TO AMEND THE BYLAWS. NATIONAL ASSOCIATION MEMBERS DO NOT HAVE VOTING RIGHTS. ATHLETE MEMBERS HAVE THE RIGHT TO ELECT THE BOARD ATHLETE REPRESENTATIVES AND THE ATHLETE ADVISORY COUNCIL REPRESENTATIVE. THEY MAY ALSO VOTE ON AMENDMENTS TO THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATIONAL AND ATHLETE MEMBERS HAVE THE RIGHT TO ALTER, AMEND, OR SUSPEND PORTIONS OF THE BYLAWS BY A VOTE OF TWO-THIRDS OF VOTES CAST AT A SPECIAL MEETING OF MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ASSOCIATION'S CHIEF FINANCIAL OFFICER, AND THE FINANCE AND THE AUDIT COMMITTEE, AND IS THEN PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS MUST ANNUALLY DISCLOSE ANY INVOLVEMENT WITH OTHER ORGANIZATIONS, WITH VENDORS, OR ANY OTHER ASSOCIATIONS THAT MIGHT PRODUCE A CONFLICT OR BE PERCEIVED AS PRODUCING A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE CHIEF EXECUTIVE OFFICER'S SALARY IS REVIEWED BY THE COMPENSATION COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION FOR A FULL-TIME OR FRACTIONAL CHIEF FINANCIAL OFFICER IS INCLUDED IN THE ASSOCIATION'S ANNUAL BUDGET WHICH IS APPROVED BY THE BOARD OF DIRECTORS. THE BOARD UTILIZES COMPARABLE COMPENSATION DATA PROVIDED BY EXECUTIVE RECRUITERS AND THE ROBERT HALF SALARY GUIDE FOR DATA CONCERNING COMPARABLE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THEIR WEBSITE. CASITAS FUND INC 1 S POST ROAD WEST WINDSOR NJ 08550 311148247 TO ACT FOR THE EXCLUSIVE BENEFIT OF THE US ROWING IN 501(C)(3) LINE 12A, I UNITED STATES ROWING 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CASITAS FUND INC C 100000 FMV