2022-11-15T23:50:09-06:00 2021-12-31 201766527 WAUGH & GOODWIN LLP 1365 GARDEN OF THE GODS STE 150 COLORADO SPRINGS CO 80907 990 2021-01-01 841284437 USA CYCLING INC USAC 7194344200 210 USA CYCLING POINT SUITE 100 COLORADO SPRINGS CO 80919 BRENDAN QUIRK CEO 7194344200 2022-11-15 1 BRENDAN QUIRK 999009999 JILL J GOODWIN CPA P00450838 7195909777 2022-11-15 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z ROB DEMARTINI 210 USA CYCLING POINT SUITE 100 COLORADO SPRINGS CO 80919 14528745 0 X WWW.USACYCLING.ORG X 1994 CO USA CYCLING IS THE NATIONAL GOVERNING BODY FOR CYCLING, MAKING IT RESPONSIBLE FOR THE CONDUCT AND ADMINISTRATION OF CYCLING IN THE USA. THE MISSION OF USA CYCLING IS TO DEVELOP THE SPORT OF CYCLING IN THE UNITED STATES AT ALL LEVELS AND TO ACHIEVE SUSTAINED INTERNATIONAL RACING SUCCESS WHILE FOSTERING A SHARED COMMITMENT TO SAFETY, INTEGRITY, AND THE JOY OF CYCLING. 11 10 76 50 0 0 5003768 5511795 5403391 8338218 332145 425066 101017 -813 10840321 14274266 66375 60000 0 0 4644918 5196070 0 0 304289 6479038 8346045 11190331 13602115 -350010 672151 17066999 20419898 5667126 7686501 11399873 12733397 X USA CYCLING IS THE NATIONAL GOVERNING BODY FOR CYCLING, MAKING IT RESPONSIBLE FOR THE CONDUCT AND ADMINISTRATION OF CYCLING IN THE USA. THE MISSION OF USA CYCLING IS TO DEVELOP THE SPORT OF CYCLING IN THE UNITED STATES AT ALL LEVELS AND TO ACHIEVE SUSTAINED INTERNATIONAL RACING SUCCESS WHILE FOSTERING A SHARED COMMITMENT TO SAFETY, INTEGRITY, AND THE JOY OF CYCLING. 0 0 3987835 COACHES, MECHANICS, TRAINING CENTER & ATHLETE DEVELOPMENT: NATIONAL ATHLETE DEVELOPMENT PROGRAMS SUPPORTED APPROXIMATELY 4,100 ATHLETE PARTICIPANT DAYS. APPROXIMATELY 700 TRAINED AND CERTIFIED COACHES AND RACE MECHANICS. 6740981 60000 5995936 MEMBERSHIP AND EVENT SANCTIONING - APPROXIMATELY 47,850 MEMBERS ARE PROVIDED INSURANCE, RESULTS AND RANKINGS, AND RACING OPPORTUNITIES WHILE PARTICIPATING IN APPROXIMATELY 1,100 EVENTS. MEMBERS ARE ALSO PROVIDED WITH INFORMATION ABOUT CYCLING. 1419525 2305538 NATIONAL AND INTERNATIONAL EVENTS - APPROXIMATELY 5,280 ATHLETES PARTICIPATED IN 20 NATIONAL CHAMPIONSHIPS AND APPROXIMATELY 2,500 ATHLETES PARTICIPATED IN INTERNATIONAL EVENTS. 12148341 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 1 1 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 180 0 1 76 1 0 1 NL 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X X THE CORPORATION 7194344200 210 USA CYCLING POINT SUITE 100 COLORADO SPRINGS CO 80919 X ROBERT STAPLETON CHAIRMAN AND DIRECTOR 15.00 2.00 X 0 0 0 CARI HIGGINS VICE-CHAIRMAN AND DIRECTOR 10.00 X 0 0 0 MIKE COLE DIRECTOR 2.00 X 0 0 0 LUCIA DENG DIRECTOR 2.00 X 0 0 0 MATT BARGER DIRECTOR - CHAIRMAN 15.00 2.00 X 0 0 0 ED EWING DIRECTOR 2.00 X 450 0 0 STEPHEN ETTINGER DIRECTOR 2.00 X 0 0 0 BETH HERNANDEZ DIRECTOR 2.00 X 0 0 0 MADDIE GODBY DIRECTOR 2.00 X 0 0 0 MEREDITH MILLER DIRECTOR 2.00 X 0 0 0 REGGIE MILLER DIRECTOR 2.00 2.00 X 0 0 0 ALISON TETRICK DIRECTOR 2.00 X 0 0 0 ARIELLE VERHAAREN DIRECTOR 2.00 X 15650 0 0 JULIA VIOLICH DIRECTOR 2.00 2.00 X 0 0 0 ROB DEMARTINI CEO AND PRESIDENT 60.00 X X 359530 0 59081 BRENDAN QUIRK DIRECTOR AND CEO 2.00 X 0 0 0 TODD SOWL CFO AND TREASURER 60.00 X 229718 0 54865 NANCY COWAN EXECUTIVE ASSISTANT AND SE 50.00 X 69789 0 15750 CHARLES HODGE CHIEF OF RACING AND EVENTS 50.00 X 205172 0 43122 FRED POOL CHIEF COMMERCIAL OFFICE 50.00 X 217986 0 49737 JIM MILLER CHIEF OF SPORTS PERFORMANCE 50.00 X 236350 0 50542 MATTHEW HEITMAN CHIEF MARKETING OFFICER 50.00 X 150954 0 11010 JAMIE STAFF BMX AND SPRINT TRACK PERFO 50.00 X 115268 0 39117 SHANE GARMAN LEGAL COUNSEL 50.00 X 124933 0 34588 ASHLEE DAILEY CONTROLLER 50.00 X 116676 0 19531 DAN VAUGHAN IT DIRECTOR 50.00 X 146311 0 9477 STEVE MCCAULEY DIRECTOR OF PROGRAM & DONOR SERVICES 50.00 X 108987 0 28172 2097774 0 414992 7 0 1 0 FAIRLY GROUP PO BOX 1302 AMARILLO TX 79105 INSURANCE PREMIUM 521738 BOWTIE 6123 ELDORA STREET GOLDEN CO 80403 IT CONTRACTOR 390822 SEDGWICK 1100 RIDGEWAY LOOP RD MEMPHIS TN 38120 LEGAL CLAIMS 222313 NBC UNIVERSAL LLC 30 ROCKEFELLER PLAZA NEW YORK NY 10112 ADVERTISING 147275 AMERITEK GLOBAL INC 15 CORPORATE PLACE SOUTH STE 136 PISCATAWAY NJ 08854 IT CONTRACTOR 137640 5 1611012 1786805 2113978 193754 5511795 MEMBERSHIP DUES 713990 4025422 4025422 SANCTIONING & ENTRY FEES 711210 1970514 1970514 CAMPS, CLINICS & OTHER 711300 1425249 1425249 SPONSORSHIP & LICENSING 713990 917033 917033 8338218 220823 220823 131256 127012 4244 4244 4244 204243 0 204243 204243 204243 50186 16499 33687 33687 72224 110968 -38744 -38744 14274266 8299474 0 462997 X 60000 60000 804832 666153 111368 27311 3458992 2850811 488407 119774 55398 45658 7822 1918 579727 464013 94094 21620 297121 238778 43748 14595 30096 30096 3112075 2921343 110967 79765 320048 318885 805 358 226907 215223 5722 5962 182241 175587 5852 802 1088272 1017335 52490 18447 583753 538922 41957 2874 1845901 1733450 112262 189 GEAR, EQUIPMENT, & SUPP 395314 380889 9008 5417 BANK & CREDIT CARD PROC 142569 142543 26 DUES, SUBSCRIPTIONS, & 107513 77998 25981 3534 REPAIRS & MAINTENANCE 81731 73700 7493 538 229625 227053 1387 1185 13602115 12148341 1149485 304289 32738 72695 2371137 4071458 413863 1173660 109222 149774 199656 55549 10249206 4597544 6296470 5651662 7501339 8545644 1 1 142573 699455 17066999 20419898 1367736 2681329 2588475 2445829 1710915 2559343 5667126 7686501 X 11374093 12475469 25780 257928 11399873 12733397 17066999 20419898 672151 661373 0 X X 0 1 X 1 0 X 3893659 3989298 4741117 5003768 5511795 23139637 10194205 10631216 10603385 5489800 8410442 45329048 93460 50186 143646 14087864 14620514 15344502 10587028 13972423 68612331 0 0 0 68612331 256647 381099 383568 225670 352079 1599063 256647 381099 383568 225670 352079 1599063 14344511 15001613 15728070 10812698 14324502 70211394 0.97720 0.97860 0.02280 0.02140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16980 42 42 16980 16980 42 42 16980 16980 42 42 16980 16980 42 42 16980 16980 42 42 16980 0 0 649145 649145 7027205 2598940 4428265 220373 84758 135615 2145377 1749014 396363 207106 164832 42274 5651662 INSURANCE LITIGATION RESERVES 2559343 2559343 X PART X, LINE 2: THE CORPORATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL INCOME TAX. ACCORDINGLY, NO INCOME TAX PROVISION HAS BEEN RECORDED. THE CORPORATION'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX IS SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE DATE FILED. MANAGEMENT OF THE CORPORATION BELIEVES THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. SCHDULE D, PAGE 4, PART XI AND XXII, LINE 2D THE AUDITED FINANCIAL STATEMENTS ARE PREPARED ON A CONSOLIDATED BASIS, AND THEREFORE THE FINANCIALS OF USA CYCLING, INC. AND USA CYCLING BV ARE REPORTED ON A CONSOLIDATED BASIS. THIS RECONCILIATION ELIMINATES THE ACTIVITY OF USA CYCLING BV FROM THE CONSOLIDATED AMOUNTS, REPORTING THE USA CYCLING, INC. REVENUE AND EXPENSE ON FORM 990. EUROPE 1 2 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 489454 SOUTH AMERICA 0 0 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 75107 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 399576 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 62530 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 18530 1 2 0 0 1 2 1045197 0 1045197 0 0 1 0 0 0 PART III ACCOUNTING METHOD: 50186 16499 0 50186 16499 16499 33687 CO 1 0 1 0 1.00000 ASHLEE DAILEY 210 USA CYCLING POINT SUITE 100 COLORADO SPRINGS CO 80919 0 LAUREN HALL SUPERVISED DRAWING FOR RAFFLE X 0 1 PEOPLE FOR BIKES FOUNDATION 2580 55TH STREET BOULDER CO 80301 204306888 501(C)(3) 60000 0 YOUTH CYCLING INITIATIVE 1 PART I, LINE 2: WITH RESPECT TO THE BURKE FUND TRAVEL/TRAINING GRANTS WE DO THE FOLLOWING: 1) EACH APPLICATION IS SCRUTINIZED TO DETERMINE IF THE APPLICANT MEETS THE GRANT STANDARDS. 2) EACH APPLICATION IS CROSS-CHECKED WITH THE DISCIPLINE MANAGER TO CONFIRM THAT THE APPLICANT IS IN GOOD STANDING WITH THE PROGRAM AND THERE IS NO REASON TO QUESTION OR DENY THE GRANT. 3) GRANTS ARE NOT PAID UNTIL ATHLETES HAVE ACTUALLY ATTENDED THE CAMPS, UNLESS THE GRANT IS COVERING AN ACTUAL PORTION OF THE COST OF THE CAMP AND THEN THE GRANT IS TRANSFERRED INTERNALLY. WITH RESPECT TO THE STENNER SCHOLARSHIP WE DO THE FOLLOWING: SELECTED ATHLETES MUST SUBMIT PROOF OF ENROLLMENT AND OTHER STUDENT / ATHLETE ELIGIBILITY PRIOR TO SCHOLARSHIP SELECTION. ATHLETE STIPENDS: ATHLETES ARE SELECTED TO RECEIVE SUPPORT BASED ON MEETING CERTAIN ATHLETIC TIME AND/OR PERFORMANCE STANDARDS. 1 X X X X X 0 0 0 0 0 0 0 1 1 0 ROB DEMARTINI CEO AND PRESIDENT 329123 0 0 0 30407 0 36825 0 22256 0 418611 0 0 0 JIM MILLER CHIEF OF SPORTS PERFORMANCE 235023 0 750 0 577 0 24133 0 26409 0 286892 0 0 0 TODD SOWL CFO AND TREASURER 228595 0 750 0 373 0 23876 0 30989 0 284583 0 0 0 FRED POOL CHIEF COMMERCIAL OFFICE 200760 0 750 0 16476 0 22386 0 27351 0 267723 0 0 0 CHARLES HODGE CHIEF OF RACING AND EVENTS 204099 0 750 0 323 0 21109 0 22013 0 248294 0 0 0 MATTHEW HEITMAN CHIEF MARKETING OFFICER 144150 0 0 0 6804 0 0 0 11010 0 161964 0 0 0 SHANE GARMAN LEGAL COUNSEL 124064 0 750 0 119 0 13075 0 21513 0 159521 0 0 0 DAN VAUGHAN IT DIRECTOR 115818 0 0 0 30493 0 8483 0 994 0 155788 0 0 0 JAMIE STAFF BMX AND SPRINT TRACK PERFO 114355 0 750 0 163 0 12124 0 26993 0 154385 0 0 0 PART I, LINE 7 EMPLOYEES ARE ELIGIBLE FOR DISCRETIONARY, PERFORMANCE BASED BONUSES EACH YEAR. PART I, LINE 8 ROB DEMARTINI WAS PAID PURSUANT TO A CONTRACT SUBJECT TO THE INITIAL CONTRACT EXCEPTION. X CLOTHING AND OTHER 3 114660 FMV X AIRLINE CERTIFICATES 1 79094 FMV 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS/ITEMS CONTRIBUTED RELATES TO THE TOTAL NUMBER OF CONTRIBUTIORS. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION IS A MEMBERSHIP ORGANIZATION. MEMBERS HAVE VOTING RIGHTS FOR PURPOSES OF ELECTING MEMBERS OF DIFFERENT SPORT COMMITTEES. FORM 990, PART VI, SECTION A, LINE 7A ELIGIBLE ATHLETES DIRECTLY ELECT FOUR ATHLETE POSITIONS ON THE BOARD OF DIRECTORS. THE USA CYCLING DEVELOPMENT FOUNDATION APPOINTS THREE DIRECTORS TO THE USA CYCLING BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A ELIGIBLE ATHLETES DIRECTLY ELECT THE ELIGIBLE ATHLETES ON OUR BOD. FORM 990, PART VI, SECTION A, LINE 8B CONTEMPORANEOUS MINUTES ARE DOCUMENTED FOR SOME, BUT NOT ALL COMMITTEE MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED BY THE CFO AND THEN IT WILL BE SENT TO THE CEO AND BOARD OF DIRECTORS FOR REVIEW AND GIVEN A DATE TO GIVE COMMENTS BY. ANY MODIFICATIONS WILL BE MADE AND THEN THE 990 IS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, COMMITTEE MEMBERS, EMPLOYEES, AND OTHER AGENTS OF USA CYCLING ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT. ANNUALLY, EACH DIRECTOR, COMMITTEE MEMBERS, EMPLOYEE, AND OTHER AGENTS OF USA CYCLING WILL BE PROVIDED A DISCLOSURE STATEMENT FORM CONCERNING THE CONFLICT OF INTEREST POLICY. THESE FORMS ARE TO BE COMPLETED AND RETURNED TO THE CHIEF FINANCIAL OFFICER (CFO) OF USA CYCLING OR HIS OR HER DESIGNEE, EVEN IF THERE ARE NO CONFLICTS OF INTEREST. ANNUALLY, AND BEFORE THE FIRST ANNUAL BOARD MEETING, EACH INDIVIDUAL SHOULD OPENLY AND FORTHRIGHTLY IDENTIFY ANY AREAS THAT REPRESENT A CONFLICT OF INTEREST, APPEARANCE OF A CONFLICT, APPEARANCE OF IMPROPRIETY, OR A POTENTIAL CONFLICT OF INTEREST. IF THERE IS ANY UNCERTAINTY AS TO WHETHER A MATTER IS REQUIRED TO BE DISCLOSED, THE MATTER SHOULD BE DISCLOSED. EACH INDIVIDUAL WILL DISCLOSE ALL OF THE DIRECTORSHIPS AND OFFICER POSITIONS HELD IN FOR- PROFIT OR NOT-FOR PROFIT ORGANIZATIONS, AS WELL AS ANY CONSULTING AND EMPLOYMENT RELATIONSHIPS IN ANY CONCERN WITH WHICH HE HAS REASON TO BELIEVE USA CYCLING DOES BUSINESS WITH OR FROM WHICH USA CYCLING WILL SECURE GOODS OR SERVICES, AND WHICH HE HAS REASON TO BELIEVE MAY BE AFFECTED BY HIS ACTIONS ON BEHALF OF USA CYCLING OR ACTIONS OF USA CYCLING. INDIVIDUAL OR FAMILY OWNERSHIP IN BUSINESS VENTURES WHERE MORE THAN FIVE PERCENT OF THE TOTAL VALUE OF THE COMPANY IS OWNED OR WHERE MORE THAN TEN PERCENT OF THE OUTSTANDING SHARES ARE OWNED, REQUIRES DISCLOSURE. EACH INDIVIDUAL WILL ALSO DISCLOSE FAMILY RELATIONSHIPS IN WHICH HIS OR HER OR THEIR IMMEDIATE FAMILY ARE EMPLOYED BY OR RENDER SERVICES TO ANY OUTSIDE CONCERN THAT DOES BUSINESS WITH USA CYCLING. EACH INDIVIDUAL WILL ALSO DISCLOSE ANY CONFIDENTIAL INFORMATION OF USA CYCLING THAT HAS BEEN USED OR DISCLOSED FOR ANY PURPOSE OTHER THAN TO CARRY OUT THAT PERSON'S DUTIES. AS CONFLICTS OF INTEREST ARISE THROUGHOUT THE YEAR, EACH INDIVIDUAL MUST SUBMIT AN UPDATED DISCLOSURE FORM WITHIN 30 DAYS OF THE CONFLICT OF INTEREST ARISING. AT LEAST ONCE PER YEAR, THE BOARD OF DIRECTORS OF USA CYCLING WILL REVIEW THE CONFLICT OF INTEREST DISCLOSURES AT A MEETING OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE REVIEWS THE PERFORMANCE OF THE CEO, AND WITH COMPARABLE DATA, RECOMMENDS COMPENSATION TO THE FULL BOARD OF DIRECTORS. THE FULL BOARD REVIEWS AND APPROVES THE COMPENSATION. THE CEO DETERMINES THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES BASED ON PERFORMANCE AND MARKET CONDITIONS INCLUDING LOOKING AT OTHER 990S AND COMPENSATION SURVEYS. COMPENSATION OF OFFICERS AND KEY EMPLOYEES ALSO REVIEWED BY THE CHAIRMAN OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 FORM 1023 IS AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE. GOVERNING DOCUMENTS, TAX RETURNS, FINANCIAL STATEMENTS AND THE CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE VIA THE ORGANIZATION'S WEBSITE. FORM 990, PAGE 7, PART VII, SECTION A: NO BOARD MEMBER IS COMPENSATED FOR THEIR SERVICE ON THE BOARD, EXCEPT THE CEO, WHO IS AN EMPLOYEE OF THE ORGANIZATION. SOME BOARD MEMBERS RECEIVE PAYMENTS FOR CONTRACT COACHING AND PROGRAM CONSULTING SERVICES. THERE ARE ADDITIONAL MEMBERS LISTED ON THE SCHEDULE OF COMPENSATION OF OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, HIGHEST COMPENSATED EMPLOYEES, AND INDEPENDENT CONTRACTORS DUE TO TURNOVER IN POSITIONS ON THE BOARD DURING THE YEAR. FORM 990, PART IX, LINE 11G CONTRACT LABOR & FEES: PROGRAM SERVICE EXPENSES 2,921,343. MANAGEMENT AND GENERAL EXPENSES 21,272. FUNDRAISING EXPENSES 79,765. TOTAL EXPENSES 3,022,380. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 89,695. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 89,695. FORM 990, PAGE 12, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. USA CYCLING DEVELOPMENT FOUNDATION 210 USA CYCLING POINT COLORADO SPRINGS CO 80919 841529751 PROVIDE FINANCIAL SUPPORT TO USA CYCLING, INC. CO 501(C)3 509(A)(3) USA CYCLING DEVELOPMENT FOUNDATION 0 USA CYCLING BV MULTALTULILAAN 6 ROOSENDAAL NL 4707LZ SUPPORT FOR CYCLING ATHLETE PROGRAMS NL USA CYCLING INC C 1.00000 1 1 0 1 1 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 USA CYCLING BV A 3604 CASH USA CYCLING BV D 86001