2022-10-07T08:51:59-05:00 2021-12-31 201766527 WAUGH & GOODWIN LLP 1365 GARDEN OF THE GODS STE 150 COLORADO SPRINGS CO 80907 990 2021-01-01 204264282 USA SWIMMING INC USAS 7198664578 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 ERIC SKUFCA CFO 7198664578 2022-10-04 1 ERIC SKUFCA 999009999 RITA F CHRISTENSEN P00290681 7195909777 2022-10-04 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z TIMOTHY HINCHEY 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 65748415 0 5367 X WWW.USASWIMMING.ORG X 2005 CO USA SWIMMING IS THE NATIONAL GOVERNING BODY FOR THE SPORT OF SWIMMING. WE ADMINISTER COMPETITIVE SWIMMING IN ACCORDANCE WITH THE TED STEVENS OLYMPIC & AMATEUR SPORTS ACT. 15 14 115 1000 672500 0 6891181 9735092 23145561 24675249 3513294 2671887 16457 -86614 33566493 36995614 3287645 4101874 0 0 11193207 10972666 0 0 0 14448061 21457152 28928913 36531692 4637580 463922 53433219 60604222 16711447 21354144 36721772 39250078 X USA SWIMMING PROVIDES PROGRAMS AND SERVICES FOR OUR MEMBERS, SUPPORTERS, AFFILIATES, AND THE INTERESTED PUBLIC. WE VALUE THESE MEMBERS OF THE SWIMMING COMMUNITY, AND THE STAFF AND VOLUNTEERS WHO SERVE THEM. WE ARE COMMITTED TO EXCELLENCE AND THE IMPROVEMENT OF OUR SPORT. WE ARE COMMITTED TO PROVIDING A SAFE AND POSITIVE ENVIRONMENT FOR ALL MEMBERS. 0 0 9954834 3822284 NATIONAL TEAM: IN 2021 USA SWIMMING ATHLETES WON A TOTAL OF 30 MEDALS AT THE OLYMPIC GAMES IN TOKYO, INCLUDING 11 GOLD, 9 SILVER AND 10 BRONZE: THE MOST MEDALS OF ANY U.S. SPORT FOR THE SEVENTH-CONSECUTIVE OLYMPIC GAMES. OUR MENTAL HEALTH PROGRAM CONTINUED TO PROVIDE CRITICAL SUPPORT TO NATIONAL TEAM AND NATIONAL JUNIOR TEAM ATHLETES AND COACHES AS THEY NAVIGATED THE ADDITIONAL STRESSORS CAUSED BY THE PANDEMIC. ALL PROGRAMS DEVELOPED BY THE NATIONAL TEAM CENTER AROUND HIGH PERFORMANCE AT THE ELITE LEVEL OF THE SPORT OF SWIMMING. 5864080 3665884 COMMERCIAL:COMMUNICATIONS MEDIA RELATIONS CENTERED AROUND NUMEROUS DOMESTIC AND INTERNATIONAL COMPETITIONS, TO INCLUDE THE US OLYMPIC TEAM TRIALS SWIMMING AND THE OLYMPIC GAMES IN TOKYO, WITH A KEEN FOCUS ALSO ON STRONG INTERNAL COMMUNICATIONS TO OUR NEARLY 400,000 MEMBERS. THE TEAM PUBLISHED ONE PRINTED EDITORIAL SPLASH MAGAZINE, WHICH SERVED AS A TRIALS MEET PROGRAM FOR ALL USA SWIMMING MEMBER HOUSEHOLDS, SO FANS COULD FOLLOW ALONG WITH THE EXCITEMENT AT HOME. PARTNERSHIPS & EVENT MARKETINGWE SUCCESSFULLY SIGNED NEW SHORT-TERM CORPORATE PARTNERS DURING THE PANDEMIC TO ASSIST IN REVENUE GENERATION DURING THE OLYMPIC YEAR. THE HIGHLIGHT OF THE YEAR WAS BRINGING BACK A LIMITED NUMBER OF FANS TO THE U.S. OLYMPIC TEAM TRIALS - SWIMMING. WE HOSTED PARTNERS AND PROSPECTIVE GUESTS WITHIN A NOTABLE HOSPITALITY SPACE AT USA SWIMMING HOUSE, WHILE CREATING INNOVATED AND SOCIALLY DISTANCED BRAND ACTIVATIONS AND RETAIL AREA WITHIN THE TOYOTA AQUA LOUNGE. BUSINESS INTELLIGENCE AND DIGITAL PLATFORMS2021 WORK FOCUSED ON IMPROVEMENTS IN DATA QUALITY FOR MEMBERS AND DONORS, WHILE ADDING A "FAN" CATEGORY TO THE DATABASE. THE ADDITION OF THE FAN CATEGORY EXPANDS THE ORGANIZATION'S PROMOTIONAL COMMUNICATION CAPABILITIES AND PROVIDES A VALUABLE ADDITION TO PARTNERSHIP SALES EFFORTS. CREATIVE SERVICES & VIDEO PRODUCTIONSBROADCASTS OF OUR NATIONAL LEVEL MEETS CONTINUED ON NBC PLATFORMS THROUGH 2021, WHILE STREAMING ON USASWIMMING.ORG BECAME AN INCREASINGLY NECESSARY CONTENT DELIVERY SYSTEM TO OUR VALUED USA SWIMMING HOUSEHOLDS. DESIGN WORK TO SUPPORT CRITICAL MARKETING OBJECTIVES RAMPED UP, NOT JUST FOR USA SWIMMING HQ BUT ALSO FOR MEMBER CLUBS AND LSCS. 5296980 65500 20213007 EVENTS: IN 2021, USA SWIMMING HOSTED A MODIFIED SCHEDULE OF EVENTS DUE TO THE GLOBAL PANDEMIC. THE MARQUEE EVENT OF 2021 WAS THE DELAYED 2020 U.S. OLYMPIC TRIALS - SWIMMING IN OMAHA, NE WHERE THE 2020 U.S. OLYMPIC TEAM WAS SUCCESSFULLY SELECTED. ALSO OF NOTE WAS THE RETURN OF THE TYR PRO SWIM SERIES AT FIVE SITES THROUGHOUT THE SPRING MONTHS TELEVISED ON NBC, THE AUGUST SPEEDO SUMMER CHAMPIONSHIPS IN GREENSBORO, NC AND IRVINE, CA, AND THE TOYOTA U.S. OPEN IN GREENSBORO, NC, ALSO BROADCAST ON NBC. ALL EVENTS WERE CONDUCTED UNDER STRICT COVID-19 SAFETY PROTOCOLS. USA SWIMMING ALSO PROVIDED GUIDANCE AND SUPPORT FOR MANY OTHER EVENTS SANCTIONED AT THE LOCAL AND REGIONAL LEVELS. 4347669 RISK MANAGEMENT: AS A BENEFIT OF MEMBERSHIP, USA SWIMMING PROVIDES MEMBERS AND VOLUNTEERS WITH PARTICIPANT ACCIDENT INSURANCE AND PARTICIPANT LIABILITY INSURANCE. MEMBER CLUBS ARE ALSO PROVIDED PUBLIC LIABILITY INSURANCE SO THEY CAN RENT OR LEASE POOL TIME FOR THEIR PRACTICES AND MEETS. ELITE ATHLETE HEALTH INSURANCE AND SPORTS INJURY COORDINATION OF BENEFITS ARE PROVIDED TO NATIONAL TEAM ATHLETES THAT ELECT TO PARTICIPATE IN THE PROGRAM. DOMESTIC AND INTERNATIONAL TRAVEL ACCIDENT INSURANCE IS PROVIDED TO ATHLETES, COACHES AND SUPPORT PERSONNEL WHO TRAVEL TO COMPETITIONS. FOREIGN COMMERCIAL LIABILITY INSURANCE COVERAGES ARE ALSO PROVIDED TO TEAM, STAFF AND VOLUNTEERS WHO TRAVEL ON BEHALF OF THE USA SWIMMING NATIONAL TEAMS. PROFESSIONAL LIABILITY INSURANCE IS PROVIDED TO HEALTH CARE PROFESSIONALS WHO ACT AS EVENT VOLUNTEERS TO THE USA SWIMMING TEAM AT THE REQUEST OF THE NATIONAL TEAM OR UPON APPLICATION TO USA SWIMMING. 4578544 214090 74721 SPORT DEVELOPMENT: IN 2021, SPORT DEVELOPMENT INCREASED ITS DIVERSITY, EQUITY AND INCLUSION SCOPE, PROVIDED GRANTS TO MEMBERSHIP, INCENTIVIZED MEMBER ORGANIZATIONS TO BECOME SAFE SPORT RECOGNIZED PROGRAMS, MADE SIGNIFICANT PROGRESS ON THE COACH EDUCATION AND DIGITAL TRANSFORMATION INITIATIVES AND REINTRODUCED IN-PERSON CAMPS AND PROGRAMMING. WITH THE HIRE OF ITS FIRST EVER PROGRAM DIRECTOR OF DIVERSITY, EQUITY AND INCLUSION, THE DEI STAFF DEVELOPED A STRATEGIC PLAN AND LAUNCHED A MENTORSHIP PROGRAM FOR ATHLETES FROM AN UNDERREPRESENTED COMMUNITY OR POPULATION. USA SWIMMING ALSO LAUNCHED ITS COMMUNITY IMPACT GRANT PROGRAM INTENDED TO PROVIDE OPPORTUNITIES AT FACILITIES IN COMMUNITIES WITHOUT COMPETITIVE SWIMMING PROGRAMS. THE SAFE SPORT STAFF HOSTED A SAFE SPORT LEADERSHIP CONFERENCE, LAUNCHED AN INCENTIVE PROGRAM TO ENCOURAGE CLUBS TO ACHIEVE SAFE SPORT CLUB RECOGNITION, UPDATED THE MINOR ATHLETE ABUSE PREVENTION POLICY AND DISTRIBUTED A FAMILY RESOURCE GUIDE TO ALL REGISTERED HOUSEHOLDS. USA SWIMMING ALSO MADE SIGNIFICANT PROGRESS TOWARDS THE 2022 LAUNCH OF AN ONLINE COACH EDUCATION PLATFORM AND COACH CERTIFICATION PROGRAM. FURTHER, USA SWIMMING'S ORGANIZATION-WIDE DIGITAL TRANSFORMATION PROGRESS INCLUDES PREPARING FOR A 2022 LAUNCH OF A FULL RE-ARCHITECTURE AND DESIGN OF THE SWIMS MEMBERSHIP DATABASE AND IMPLEMENTING ONLINE MEMBER REGISTRATION ALONG WITH ENHANCEMENT OF A NUMBER OF LEGACY WEBSITE APPLICATIONS. USA SWIMMING ALSO PROVIDED IN-PERSON CAMP OPPORTUNITIES TO ATHLETES ATTENDING NATIONAL SELECT CAMPS AND NATIONAL DIVERSITY SELECT CAMPS. 348806 270000 FOUNDATION PROGRAMS: USA SWIMMING PROVIDED FUNDING TO ITS AFFILIATE USA SWIMMING FOUNDATION WITH THE MISSION TO SAVE LIVES AND BUILD CHAMPIONS. THE USA SWIMMING FOUNDATION SUPPORTS SWIM LESSON PROVIDERS ACROSS THE COUNTRY IN AN EFFORT TO PROVIDE THE OPPORTUNITY FOR EVERY PERSON IN AMERICA TO LEARN TO SWIM. WITH THE HELP OF A NETWORK OF MORE THAN 1,600 SWIM LESSON PROVIDERS AND WATER SAFETY ADVOCATES ACROSS THE COUNTRY, USA SWIMMING AND THE USA SWIMMING FOUNDATION EDUCATE PARENTS THROUGH A NATIONAL AWARENESS CAMPAIGN, SAVE LIVES BY SUPPORTING FREE AND REDUCED-COST PROGRAMMING, AND SHARE WITH MILLIONS THE LIFESAVING SKILL OF SWIMMING. THE USA SWIMMING FOUNDATION ALSO PROVIDES FINANCIAL SUPPORT TO THE USA SWIMMING NATIONAL TEAM FOR THE CONTINUED GROWTH AND DEVELOPMENT OF OUR NATIONAL TEAM ATHLETES AND COACHES, WHO SET THE WORLD STANDARD FOR EXCELLENCE IN THE POOL YEAR AFTER YEAR, DECADE AFTER DECADE. 9275019 214090 344721 30390913 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 337 0 1 115 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 15 14 0 0 1 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 1 0 CO AL AK AR CA CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS NH NJ NM NY NC OH OK OR PA RI SC TN UT VA WV WI MO NV ND TX WA X X THE ORGANIZATION 7198664578 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 X ROBERT VINCENT DIRECTOR 8.00 X 0 0 0 JIM SHEEHAN DIRECTOR THRU 9/2021 8.00 X 0 0 0 CHRIS BREARTON DIRECTOR 32.00 X X 0 0 0 NATALIE COUGHLIN-HALL DIRECTOR 8.00 X 0 0 0 MAYA DIRADO ANDREWS DIRECTOR 8.00 X 0 0 0 DR CECIL GORDON DIRECTOR THRU 9/2021 8.00 4.00 X 0 0 0 JEANETTE SKOW DIRECTOR THRU 9/2021 8.00 X 0 0 0 JAY THOMAS DIRECTOR THRU 9/2021 8.00 X 0 0 0 BILL SCHALZ DIRECTOR 8.00 X 0 0 0 KENNETH CHUNG DIRECTOR 16.00 X X 0 0 0 KATHLEEN PRINDLE DIRECTOR 8.00 X 0 0 0 JENNIFER GIBSON DIRECTOR 8.00 X 0 0 0 BRUCE GEMMELL DIRECTOR 8.00 X 0 0 0 KATHY FISH DIRECTOR 8.00 X 0 0 0 KATIE MEILI DIRECTOR 8.00 X 0 0 0 TONY ERVIN DIRECTOR 8.00 X 0 0 0 CLARK HAMMOND DIRECTOR 8.00 X 0 0 0 IRA KLEIN DIRECTOR 8.00 X 0 0 0 ASHLEY TWICHELL DIRECTOR 8.00 X 13950 0 0 TIMOTHY HINCHEY PRESIDENT AND CEO 40.00 X 974566 0 62642 MICHAEL UNGER VICE PRESIDENT AND COO 40.00 X 556747 0 64093 KATIE MCROBERTS CHIEF ADMIN OFFICER AND SECRETARY 40.00 X 339848 0 40589 ERIC SKUFCA CFO 40.00 X 245216 0 55723 MICHELLE STEINFELD SECRETARY AND GENERAL COUNSEL 40.00 X 171638 0 6374 SHANA FERGUSON CCO 40.00 X 280713 0 43317 JOEL SHINOFIELD SPORT DEVELOPMENT 40.00 X 246308 0 58606 LINDSAY MINTENKO NATIONAL TEAM 40.00 X 265966 0 52154 ISABELLE MCLEMORE COMMUNICATIONS 40.00 X 203211 0 42523 MATTHEW LUPTON CREATIVE AND PRODUCTIONS 40.00 X 150374 0 48895 KEENAN ROBINSON SPORTS MEDICINE AND SCIENCE 40.00 X 149523 0 19894 3598060 0 494810 26 0 1 0 CATALYTE INC 502 S SHARP ST STE 2200 BALTIMORE MD 21201 IT SERVICES 1297040 ECLIPSE PRODUCTIONS INC 605 MANNS HARBOR DR APOLLO BEACH FL 33572 EVENT PRODUCTION 609181 DODD TECHNOLOGIES 720 WEST PIONEER TRACE STE 200 PENDLETON IN 46064 EVENT PRODUCTION 600109 LASSER PRODUCTIONS 253 14TH NW ATLANTA GA 30318 VIDEO PRODUCTION 249090 OPTIV SECURITY PO BOX 28216 NETWORK PLACE CHICAGO IL 60673 IT SERVICES 212282 12 264636 1116433 182317 8171706 1233381 9735092 MEMBERSHIP INCOME 900099 18172313 18172313 SPONSORS, SUPPLIERS & LICENSEE 900099 3519369 3519369 EVENTS 711300 2040694 2040694 SPONSORS - ADVERTISING 541800 672500 672500 RELATED AFFILIATE RENTAL INCOME 531120 270000 270000 373 373 24675249 1280732 1280732 146515 146515 29538038 28146742 141 1391296 -141 1391155 -141 1391296 298300 264636 605918 -307618 -307618 CONSUMER REVENUE 900099 50588 50588 OTHER INCOME 711300 23901 23901 74489 36995614 24223612 672500 2364410 399590 399590 3702284 3702284 2889417 992820 1896597 6028771 4944570 1084201 484336 398083 86253 1029002 721557 307445 541140 381984 159156 264859 35214 229645 34700 34700 93828 93828 3092578 2621410 471168 7142 7142 1157855 664007 493848 515137 240703 274434 366589 271276 95313 3727667 3344654 383013 55399 55399 1712676 1445106 267570 3613622 3613622 BAD DEBT EXPENSE 1259508 1259508 TELEVISION AND VIDEO PR 1234088 1234088 DUES, FEES, AND TICKETS 962576 876838 85738 LOSS RESERVE EXPENSES 771000 771000 2587928 2465457 122471 36531692 30390913 6140779 0 2301500 4708225 548076 2272488 2258025 2505382 7683549 6204617 14620737 10743623 3883494 3877114 36064596 40770870 693979 265526 53433219 60604222 2294924 3721004 12563108 15051242 1821000 2581898 32415 0 16711447 21354144 X 36721772 39250078 36721772 39250078 53433219 60604222 463922 2064384 0 X X 0 1 X 1 0 X 10517224 9720511 8099022 6891181 9735092 44963030 23444307 24236993 26794859 22770132 24223753 121470044 301875 303600 295072 125000 298300 1323847 34263406 34261104 35188953 29786313 34257145 167756921 1860 1860 1860 1860 7440 456445 311890 540563 1308898 1860 458305 313750 542423 1316338 166440583 1156343 1247119 1198995 931649 1280732 5814838 1156343 1247119 1198995 931649 1280732 5814838 35419749 35508223 36387948 30717962 35537877 173571759 0.95890 0.96550 0.03350 0.03020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1955651 953166 1002485 77287 77287 0 1047459 812708 234751 11540340 8900462 2639878 3877114 X 38966170 2064384 2064384 36901786 93828 93828 36995614 36437864 0 36437864 93828 93828 36531692 PART X, LINE 2: INCOME TAXES USA SWIMMING, INC. ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION AND HAVE BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. USA SWIMMING, INC. FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE DATE THEY WERE FILED. MANAGEMENT OF THE ORGANIZATION BELIEVES THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. SCHEDULE D PART XI LINE 2D THE ORGANIZATION RECORDS INVESTMENT INCOME NET OF INVESTMENT FEES ON THEIR AUDITED FINANCIAL STATEMENTS. EAST ASIA AND THE PACIFIC 0 0 SPORT EVENT - OLYMPICS TRAVEL AND RELATED EXPENSES FOR OLYMPICS 204680 0 0 0 0 0 0 204680 0 204680 0 0 0 0 0 0 PART III ACCOUNTING METHOD: GOLDEN GOGGLE AWARDS 562936 264636 298300 302 165488 31500 408628 562936 264636 298300 302 165488 31500 408628 605918 -307618 1 CSCAA 5101 NW 21ST AVE FT LAUDERDALE FL 33303 596145666 501(C)(3) 120000 0 COACHING SUPPORT CAL AQUATICS 111 MERION TERRACE MORAGA CA 94556 830376748 15000 0 TRAVEL AND TRAINING & OLYMPIC TEAM PREP STANFORD SWIMMING 604 OLMSTED RD STANFORD CA 94305 812436440 GOVERNMENT 15000 0 OLYMPIC TEAM PREP SANDPIPERS OF NEVADA 4460 S DURANGO DR STE A LAS VEGAS NV 89147 880151712 501(C)(3) 10900 0 CLUB EXCELLENCE GRANT AND OLYMPIC TEAM PREP NATIONS CAPITAL SWIM CLUB 8101 WOLFTRAP RD VIENNA VA 22182 800851325 501(C)(3) 10100 0 CLUB EXCELLENCE GRANT PACIFIC SWIMMING 14850 HWY4 ST A 260 DISCOVERY BAY CA 94505 942701340 501(C)(3) 5500 0 CLUB EXCELLENCE GRANT MARLINS OF RALEIGH 4904 WATERS EDGE DR STE 295 RALEIGH NC 27606 300050977 501(C)(3) 5400 0 CLUB EXCELLENCE GRANT MASON MANTA RAYS 6050 MASON-MONTGOMERY RD MASON OH 45040 316001070 501(C)(3) 5200 0 CLUB EXCELLENCE GRANT 7 1 MEDAL MONEY, ATHLETE STIPENDS AND RECORD BONUSES 101 3566534 ATHLETE GRANTS 17 135750 PART I, LINE 2: APPLICANTS MUST QUALIFY, WHERE APPLICABLE, FOR CERTAIN GRANTS, AND A FINAL REPORT IS REQUIRED TO BE SUBMITTED TO USA SWIMMING. X X X X X X 1 0 0 0 0 0 0 1 0 TIMOTHY HINCHEY PRESIDENT AND CEO 640566 0 325000 0 9000 0 29000 0 33642 0 1037208 0 0 0 MICHAEL UNGER VICE PRESIDENT AND COO 471875 0 84872 0 0 0 29000 0 35093 0 620840 0 0 0 KATIE MCROBERTS CHIEF ADMIN OFFICER AND SECRETARY 283198 0 56650 0 0 0 29000 0 11589 0 380437 0 0 0 SHANA FERGUSON CCO 233333 0 47380 0 0 0 21868 0 21449 0 324030 0 0 0 LINDSAY MINTENKO NATIONAL TEAM 216192 0 49774 0 0 0 27364 0 24790 0 318120 0 0 0 JOEL SHINOFIELD SPORT DEVELOPMENT 203876 0 42432 0 0 0 25459 0 33147 0 304914 0 0 0 ERIC SKUFCA CFO 203216 0 42000 0 0 0 25200 0 30523 0 300939 0 0 0 ISABELLE MCLEMORE COMMUNICATIONS 171174 0 32037 0 0 0 21229 0 21294 0 245734 0 0 0 MATTHEW LUPTON CREATIVE AND PRODUCTIONS 129516 0 20858 0 0 0 15991 0 32904 0 199269 0 0 0 MICHELLE STEINFELD SECRETARY AND GENERAL COUNSEL 143026 0 28612 0 0 0 0 0 6374 0 178012 0 0 0 KEENAN ROBINSON SPORTS MEDICINE AND SCIENCE 125665 0 23858 0 0 0 8975 0 10919 0 169417 0 0 0 PART I, LINE 4A MICHAEL UNGER, VICE PRESIDENT & CHIEF OPERATING OFFICER, RECEIVED SEVERANCE PAYMENT OF $34,000 WHICH WAS PAID IN 2022 AND IS INCLUDED IN DEFERRED COMPENSATION IN PART II. PART I, LINE 7 PERFORMANCE BASED COMPENSATION IS PAID TO KEY EMPLOYEES PURSUANT TO THE EMPLOYMENT PRACTICES OF THE ORGANIZATION. THIS COMPENSATION IS NOT BASED ON PERFORMANCE OF THE ORGANIZATION, BUT INSTEAD IS BASED ON INDIVIDUAL PERFORMANCE OF EACH EMPLOYEE. X APPAREL 3 573808 FAIR MARKET VALUE X TIMING SYSTEMS 1 400000 FAIR MARKET VALUE X AIRLINE CERTIFICATES 1 164829 FAIR MARKET VALUE X NUTRITION SUPPLEMENTS 1 36046 FAIR MARKET VALUE X EQUIPMENT 1 27838 FAIR MARKET VALUE X LANE LINES 1 20000 FAIR MARKET VALUE X BAG TAGS 1 15000 FAIR MARKET VALUE X OTHER 1 6324 FAIR MARKET VALUE X PRINTED MATERIALS FOR SPECIAL EVENT 1 3536 FAIR MARKET VALUE X VALUE OF ADVERTISING RECEIVED 4 -14000 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER IN PART I COLUMN B IS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART IV, LINE 6 USA SWIMMING INC'S CONSOLIDATED FINANCIAL STATEMENTS INCLUDE AN ENDOWMENT WHICH IS HELD BY USA SWIMMING FOUNDATION AND REPORTED ON USA SWIMMING FOUNDATION'S FORM 990. FORM 990, PART VI, SECTION A, LINE 4 SIGNIFICANT BYLAW CHANGES INCLUDED: - THE VICE PRESIDENT OF USA SWIMMING IS NO LONGER THE CHIEF OPERATING OFFICER OF USA SWIMMING AND IS INSTEAD AN INDIVIDUAL APPOINTED BY THE PRESIDENT & CEO OF USA SWIMMING. - ADDITIONAL QUALIFICATIONS WERE ADDED FOR BOARD MEMBERS. - TWO AT-LARGE BOARD SEATS PREVIOUSLY ELECTED BY THE ORGANIZATION'S HOUSE OF DELEGATES (HOD) WERE CHANGED TO TWO ATHLETE REPRESENTATIVE BOARD SEATS, INSTEAD ELECTED BY OTHER ATHLETES. - THE COMPOSITION AND SIZE OF THE HOUSE OF DELEGATES WERE ALTERED TO INCREASE ATHLETE REPRESENTATION. - THE COMPOSITION OF THE AUDIT COMMITTEE WAS ALTERED TO INCREASE ATHLETE REPRESENTATION. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION IS A MEMBERSHIP ORGANIZATION. THERE ARE TWO CLASSES OF NON-VOTING MEMBERS, GROUPS AND INDIVIDUALS. MEMBERS HAVE REPRESENTATION THROUGH THE HOUSE OF DELEGATES (HOD). EACH LOCAL SWIMMING COMMITTEE (LSC) HAS MEMBERS IN THE HOD, ATHLETES ARE ELECTED TO THE HOD, AND OTHER CONSTITUENCY GROUPS ELECT AND APPOINT MEMBERS TO THE HOD. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE BOARD OF DIRECTORS ARE ELECTED BY THE HOD, ELECTED BY THE ATHLETES, APPOINTED BY A USA SWIMMING COMMITTEE, AND ELECTED BY ALLIED ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 7B THE HOD IS RESPONSIBLE FOR THE FOLLOWING ACTIONS: 1) ELECTION OF CERTAIN BOARD MEMBERS 2) APPROVAL OF CHANGES TO THE RULEBOOK 3) APPROVAL OF CERTAIN CHANGES TO THE BYLAWS FORM 990, PART VI, SECTION B, LINE 11B THE FORM IS DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS VIA EMAIL AND ARE GIVEN THE OPPORTUNITY TO PROVIDE INPUT BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER, COMMITTEE MEMBER AND EMPLOYEE SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: 1. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, 2. HAS READ AND UNDERSTANDS THE POLICY, 3. HAS AGREED TO COMPLY WITH THE POLICY, AND 4. UNDERSTANDS THAT USA SWIMMING IS A CHARITABLE ORGANIZATION AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. THE DISCLOSURE STATEMENTS SHALL BE REVIEWED BY USA SWIMMING'S GENERAL COUNSEL. ANY ISSUES NOT PREVIOUSLY DISCLOSED SHALL BE REFERRED BY HIM OR HER TO THE BOARD OR APPROPRIATE COMMITTEE. THE DISCLOSURE STATEMENTS SHALL BE RETAINED IN THE FILES OF THE GENERAL COUNSEL. AT THE BEGINNING OF EACH BOARD MEETING, BOARD MEMBERS ARE ASKED TO DISCLOSE ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 A SPECIAL COMMITTEE OF THE BOARD OF DIRECTORS DEVELOPED AN EMPLOYMENT CONTRACT FOR THE CURRENT EXECUTIVE DIRECTOR USING COMPARABLE COMPENSATION DATA FROM OTHER NATIONAL GOVERNING BODIES AND LIKE INDUSTRIES. THE HUMAN RESOURCE DEPARTMENT REVIEWS SALARY SURVEYS AND DATA FROM OTHER NATIONAL GOVERNING BODIES TO SET AND ADJUST COMPENSATION FOR OFFICERS AND OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. FORM 990, PART VII, SECTION A, LINE 1A THE NUMBER OF HOURS OF OFFICERS, KEY EMPLOYEES, AND HIGHLY COMPENSATED EMPLOYEES IS BASED ON NUMBER OF HOURS FOR A FULL TIME POSITION. THE HOURS DO NOT REFLECT ACTUAL HOURS SPENT BY THESE EMPLOYEES. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. USA SWIMMING FOUNDATION INC 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 721581977 FUNDRAISING ARM OF USA SWIMMING, INC. CO 501(C)(3) 509(A)(3) USA SWIMMING INC 1 SWIM TRIALS LLC 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 260522174 OLYMPIC TRIALS CO USA SWIMMING EXEMPT FUNCTION -654811 56481 0 0 0.50000 1 0 1 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 USA SWIMMING FOUNDATION INC C 1116433 CASH USA SWIMMING FOUNDATION INC L 200000 CASH USA SWIMMING FOUNDATION INC A 70000 CASH USA SWIMMING FOUNDATION INC O 348806 CASH USA SWIMMING FOUNDATION INC Q 200000 ESTIMATED CASH