2020-11-13T06:11:23-06:00 2019-12-31 861065772 DELOITTE TAX LLP 111 MONUMENT CIRCLE SUITE 4200 INDIANAPOLIS IN 46204 990 2019-01-01 363016024 UNITED STATES POLO ASSOCIATION INC UNIT 8002328772 12012 SOUTH SHORE BLVD NO 102 WELLINGTON FL 33414 ROBERT PUETZ CHIEF EXECUTIVE OFFICER 8002328772 2020-11-12 1 JEFFREY D FRANK P00287234 3174648600 96.236.213.138 2020-11-12 09:42:59 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 FF5C74EC37987D2ED43DAAF37253ECFF9529766D 2019 2021-04-22 16:20:28Z X ROBERT PUETZ 12012 SOUTH SHORE BLVD NO 102 WELLINGTON FL 33414 149813291 0 X WWW.USPOLO.ORG X 1890 IL PROMOTE, COORDINATE AND SUPERVISE NATIONAL AND INTERNATIONAL POLO GAMES. 28 20 34 100 39236 33736 0 0 2093338 3226930 7591185 28054784 21042189 18801518 30726712 50083232 1279881 2740651 118290 115660 2979905 3249635 0 0 0 8276510 8288256 12654586 14394202 18072126 35689030 155986331 200948740 901182 1451552 155085149 199497188 X THE ASSOCIATION HAS BEEN ORGANIZED AND EXISTS FOR THE PURPOSES OF PROMOTING THE GAME OF POLO WITH AN OVERARCHING GOAL OF IMPROVING THE SPORT, COORDINATING THE ACTIVITIES OF ITS MEMBER CLUBS AND REGISTERED PLAYERS, ARRANGING, ALLOCATING, AND SUPERVISING POLO TOURNAMENTS, COMPETITIONS, AND GAMES AND PROVIDING RULES, HANDICAPS AND CONDITIONS FOR THOSE TOURNAMENTS, COMPETITIONS AND GAMES, INCLUDING THE SAFETY AND WELFARE OF PARTICIPANTS AND MOUNTS. 0 0 POLO DEVELOPMENT PROGRAM- PRIMARILY FOCUSED ON THE CULTIVATION OF THE SPORT THROUGH YOUTH POLO AND CLUB DEVELOPMENT INITIATIVES. POLO DEVELOPMENT IS BROKEN INTO THREE DIVISIONS: CLUB DEVELOPMENT (POLO DEVELOPMENT INITIATIVE), INTERCOLLEGIATE/INTERSCHOLASTIC (I/I) AND PLAYER DEVELOPMENT (JUNIOR POLO AND TEAM USPA). MULTIPLE INITIATIVES AIMED AT GROWING THE SPORT OF POLO, INCLUDING PLAYER GROWTH DEVELOPMENT AND CLUB DEVELOPMENT. TEAM USPA PROGRAM IDENTIFIES YOUNG, TALENTED AMERICAN PLAYERS AND PROVIDES MENTORED TRAINING AND PLAYING OPPORTUNITIES LEADING TO A POOL OF HIGHER RATED AMATEUR AND PROFESSIONAL PLAYERS. THE POLO DEVELOPMENT INITIATIVE (PDI PROGRAM) SUPPORTS MEMBER CLUBS/MEMBERS HAVING A STATED PLAN, IMPLEMENTING ACCOUNTABILITY AND FUTURE SUSTAINABILITY TOWARD CONTRIBUTING TO THE SPORT OF POLO. EQUINE WELFARE, THE CARE AND WELL-BEING OF POLO PONIES IS A FOCUS OF POLO PLAYER DEVELOPMENT. JUNIOR POLO/NYTS PROGRAM PROVIDES A VENUE TO GROW YOUNGER PLAYERS IN THE SPORT OF POLO. INTERCOLLEGIATE/ INTERSCHOLASTIC PROGRAM PROMOTES AND GROWS THE SPORT OF POLO BY PROVIDING MAXIMUM EXPOSURE TO THE SPORT; RECRUITING COLLEGIATE AND SCHOLASTIC INSTITUTIONS; COORDINATING ACTIVITIES OF MEMBER SCHOOLS AND PLAYERS;PROVIDING FOR ORGANIZED COMPETITION, INCLUDING SPONSORING AND ADMINISTERING REGIONAL AND NATIONAL TOURNAMENTS WITH AN EMPHASIS ON SPORTSMANSHIP, FAIRNESS AND SAFETY NATIONWIDE. USPA TOURNAMENTS SUPPORTS PLAYERS OF ALL CATEGORIES, PROVIDING A VENUE FOR COMPETING AND MAINTAINING THE SPORT OF POLO. POLO UMPIRE PROGRAM- THE UMPIRE PROGRAM WAS DEVELOPED TO MAINTAIN CONSISTENCY IN THE GAME AND HAS EVOLVED TO BECOME A HIGH STANDARD OF CERTIFICATION WITH INTERNATIONAL RECOGNITION. THE UMPIRE PROGRAM SUPPORTS ALL ASPECTS OF UMPIRE SERVICES AND PROGRAMS WITHIN THE UNITED POLO ASSOCIATION TO MEET THE CONTINUALLY INCREASING DEMAND FOR QUALITY AND CONSISTENT UMPIRING AS BEST SERVES THE UNITED STATES POLO ASSOCIATION'S MISSION. THE UMPIRE PROGRAM ALSO INCLUDES TRAINING AND CERTIFICATION TO MAINTAIN AVAILABILITY OF CERTIFIED UMPIRES TO CLUBS TO ENSURE A UNIFORM SYSTEM OF RULES AND GUIDELINES FOR ALL PLAYERS. MEMBER COMMUNICATIONS/BRAND STRATEGY- INCLUDES PUBLICATIONS, MARKETING, TOURNAMENT COORDINATION, SOCIAL MEDIA INCLUDING STRATEGIES TO PROMOTE AWARENESS AND GROWTH IN THE SPORT OF POLO AMONG MEMBERSHIP AND THE GENERAL PUBLIC. MEMBERS ALSO BENEFIT FROM RECEIVING POLO PLAYERS EDITION, THE OFFICIAL PUBLICATION OF THE UNITED STATES POLO ASSOCIATION, WHICH CONTAINS REGULAR ARTICLES ABOUT GAME STRATEGY AND PLAYING TIPS, HORSE CARE, INTERNATIONAL POLO, SOCIAL NEWS, AND GAME RESULTS. MEMBER SERVICES PROGRAM- SUPPORTS ALL ASPECTS OF MEMBER SERVICES AND PROGRAMS WITHIN THE UNITED STATES POLO ASSOCIATION; PROVIDING A POSITIVE MEMBER EXPERIENCE FOR THE PURPOSE OF INCREASING MEMBERSHIP TO PROMOTE THE GROWTH OF THE SPORT OF POLO; TOURNAMENT SUPPORT FOR ALL LEVELS OF PLAYERS; MEMBER PUBLICATIONS INCLUDE THE ANNUAL RULE BOOK AND YEAR BOOK WHICH ARE PROVIDED TO ENHANCE THE MEMBERSHIP UNDERSTANDING OF THE RULES OF THE SPORT OF POLO. 0 0 0 0 0 0 1 0 0 1 1 0 0 0 1 0 1 0 1 1 1 1 0 0 0 0 1 1 1 0 0 1 0 0 1 0 0 0 0 1 1 1 1 0 1 259 0 1 34 1 1 1 0 0 0 0 0 0 0 X 28 20 0 0 1 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 CA X SUSAN PRESENT CFO 8002328772 12012 SOUTH SHORE BLVD STE 102 WELLINGTON FL 33414 X ROBERT PUETZ CEO 40.00 0.00 X 278016 0 61779 SUSAN C PRESENT CFO 40.00 0.00 X 226256 0 20956 CHARLES A MULDOON EXEC. DIR. - UMPIRES LLC 40.00 0.00 X 175096 0 22580 CARLOS R DE ARELLANO II EXEC. DIR. - MEMBER SERVICES 40.00 0.00 X 179659 0 22499 STEPHEN F LANE UMPIRE - HEAD INSTRUCTOR 40.00 0.00 X 125536 0 13192 JUSTIN POWERS EXEC. DIR. - POLO DEVELOPMENT LLC 40.00 0.00 X 105096 0 16176 KELLY VANDERWERFF CONTROLLER 30.00 0.00 X 100859 0 26528 ROBIN SANCHEZ TRUSTEE (START 10/19) 2.00 0.00 X 33775 0 0 JULIO ARELLANO TRUSTEE 2.00 0.00 X 10000 0 0 JOSEPH MULDOON TRUSTEE 2.00 0.00 X 0 0 0 ERICA GANDOMCAR-SACHS TRUSTEE 2.00 0.00 X 0 0 0 EDWARD R CAMPBELL III CHAIRMAN (END 10/19) 10.00 0.20 X X 0 0 0 WILLIAM RAAB TRUSTEE 2.00 0.00 X 0 0 0 DENNIS L GEILER TRUSTEE (END 10/19) 2.00 0.00 X 0 0 0 DAVID RAGLAND TRUSTEE 2.00 0.00 X 0 0 0 LEIGHTON JORDAN TRUSTEE 2.00 0.00 X 0 0 0 CHRYS BEAL TRUSTEE 2.00 0.00 X 0 0 0 CHRIS GREEN TRUSTEE (START 10/19) 2.00 0.00 X 0 0 0 CHARLES SMITH SECRETARY 2.00 0.20 X X 0 0 0 CECELIA COCHRAN TRUSTEE (START 10/19) 2.00 0.00 X 0 0 0 BILL KIRTON TRUSTEE 2.00 0.20 X 0 0 0 DANIEL K WALKER TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL CARNEY TRUSTEE 2.00 0.00 X 0 0 0 MAUREEN BRENNAN TRUSTEE (END 10/19) 2.00 0.00 X 0 0 0 WALTER SCHOTT TRUSTEE 2.00 0.00 X 0 0 0 VICKY OWENS TRUSTEE (START 10/19) 2.00 0.00 X 0 0 0 TONY YAHYAI TRUSTEE 2.00 0.20 X 0 0 0 THOMAS GOSE TRUSTEE 2.00 0.00 X 0 0 0 STEWART ARMSTRONG CHAIRMAN 10.00 0.20 X X 0 0 0 STEVEN RUDOLPH TREASURER (START 10/19) 10.00 0.00 X X 0 0 0 STEVE S ARMOUR TRUSTEE 2.00 0.00 X 0 0 0 STEPHEN A ORTHWEIN JR TRUSTEE 2.00 0.00 X 0 0 0 SHERYL SICK TRUSTEE 2.00 0.00 X 0 0 0 SCOTT WALKER TRUSTEE (END 10/19) 2.00 0.00 X 0 0 0 SAMUEL RAMIREZ JR TREASURER (END 10/19) 10.00 0.00 X X 0 0 0 ROBERT MCMURTRY TRUSTEE 2.00 0.00 X 0 0 0 PETER RIZZO TRUSTEE 2.00 0.00 X 0 0 0 PETER F POOR TRUSTEE (END 10/19) 2.00 0.00 X 0 0 0 PAUL JORNAYVAZ TRUSTEE 2.00 0.00 X 0 0 0 PAMELA FLANAGAN TRUSTEE (START 10/19) 2.00 0.00 X 0 0 0 ANTHONY L COPPOLA PRESIDENT 10.00 0.00 X X 0 0 0 1234293 0 183710 7 0 1 0 CHUKKERTV LLC 3629 AIKEN COURT WELLINGTON FL 33414 BROADCASTING/PRODUCTION 637281 RIZZO MANAGEMENT CORP 3 N BRIDGE DR LONG VALLEY NJ 07853 PUBLISHING/ADVERTISING 289973 QUARLES & BRADY LLP 300 N LASALLE STREET SUITE 4000 CHICAGO IL 60654 LEGAL 174331 JOSEPH HORTON SCHWARTZ III 10760 BRUNULTO PL WELLINGTON FL 33414 UMPIRE 163540 THE CJ KREHBIEL COMPANY 3962 VIRGINIA AVE CINCINNATI OH 45227 PRINTING 125898 13 UMPIRING 711300 1322095 1322095 MEMBERSHIP DUES 711300 640775 640775 MEDIA RIGHTS 711300 500000 500000 TOURNAMENTS 711300 160350 160350 MAGAZINE FEES 711300 19300 19300 584410 545174 39236 3226930 7905430 7905430 18801518 18801518 119879413 99730059 20149354 20149354 20149354 50083232 3187694 39236 46856302 2093705 209208 437738 115660 513000 2133657 76895 336570 189513 345858 85718 228572 373979 373763 61931 108296 540298 362897 50 67028 556758 UMPIRING EXPENSES 2380090 BRAND STRATEGY 1092821 POLO DEVELOPMENT 987441 MEMBER SERVICES 722756 14394202 734613 950388 11703003 12902364 2629934 4716711 258213 352618 177687 97392 74638 80295 124871654 154954867 15224276 26591497 390000 350000 100000 50000 155986331 200948740 674507 899247 226675 552305 901182 1451552 X 155085149 199497188 155085149 199497188 155986331 200948740 X 35689030 -93232 8816241 X 0 1 X 1 0 X 0 1560 1170 390 146143 69217 76926 29984 27005 2979 80295 26591497 C 26591497 X PART III, LINE 1A: THE USPA MAINTAINS A COLLECTION OF VALUABLE TROPHIES WITH AN APPRAISED VALUE OF APPROXIMATELY $500,000 THAT ARE ON DISPLAY AT THE MUSEUM OF POLO AND HALL OF FAME AND OTHER LOCATIONS. THE VALUE OF THIS COLLECTION HAS BEEN EXCLUDED FROM THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. MANAGEMENT HAS ELECTED TO EXPENSE ALL COSTS RELATED TO THE COLLECTIONS, INCLUDING THE COST TO REFURBISH THESE ASSETS, IN THE PERIOD THESE EXPENSES ARE INCURRED. DURING THE YEARS ENDED DECEMBER 31, 2019 AND 2018, THE AMOUNTS EXPENSED FOR COLLECTIONS WERE NOT MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. PART III, LINE 4: THE COLLECTION OF TROPHIES ARE ON DISPLAY AND SERVE AS EVIDENCE OF THE VICTORY OF THE COMPETITION AND THE REWARD OF THE HIGH SKILL LEVEL ACHIEVED IN SUPPORT OF THE USPA'S MISSION. PART X, LINE 2: FROM THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF UNITED STATES POLO ASSOCIATION, INC. AND SUBSIDIARIES ("USPA"): THE UNITED STATES POLO ASSOCIATION ("USPA") IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. UNRELATED BUSINESS INCOME IS SUBJECT TO INCOME TAX. INCOME AND EXPENSES OF THE UMPIRES LLC, MARKETING LLC, AND POLO DEVELOPMENT LLC ARE REPORTED WITH USPA'S INCOME AS THESE THREE LIMITED LIABILITY COMPANIES ARE CONSIDERED DISREGARDED ENTITIES FOR INCOME TAX PURPOSES. AIPF IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FILES ITS OWN TAX RETURN. THE USPA EVALUATES WHETHER THE TAX POSITIONS TAKEN BY THE USPA WILL MORE LIKELY THAN NOT (GREATER THAN 50%) BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAX AUTHORITY. AS OF DECEMBER 31, 2019 AND 2018, USPA HAS RECORDED NO LIABILITY FOR THE TAX POSITIONS TAKEN. TAX YEARS THAT ARE OPEN INCLUDE THE YEARS FROM 2016 TO 2018. 1 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES INTERNATIONAL EVENT 11279 EAST ASIA AND THE PACIFIC 0 2 PROGRAM SERVICES UMPIRE SERVICES 28893 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES BRANDING 6000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 3 PROGRAM SERVICES INTERNATIONAL EVENT 9034 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 1 PROGRAM SERVICES UMPIRE SERVICES 8721 NORTH AMERICA 0 10 PROGRAM SERVICES INTERNATIONAL EVENT 19213 NORTH AMERICA 0 7 PROGRAM SERVICES UMPIRE SERVICES 35925 RUSSIA AND NEIGHBORING STATES 0 1 PROGRAM SERVICES UMPIRE SERVICES 18561 SOUTH AMERICA 0 1 PROGRAM SERVICES BRANDING 6000 SOUTH AMERICA 0 13 PROGRAM SERVICES INTERNATIONAL EVENT 79233 SOUTH AMERICA 0 1 PROGRAM SERVICES UMPIRE SERVICES 17748 SOUTH ASIA 0 4 PROGRAM SERVICES INTERNATIONAL EVENT 6723 SUB-SAHARAN AFRICA 0 1 GRANT-MAKING 2700 NORTH AMERICA 0 5 GRANT-MAKING 13645 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 7948004 0 26 0 25 0 51 137626 8074053 8211679 NORTH AMERICA CLUB AND MEMBERSHIP DEVELOPMENT 11049 CHECK NORTH AMERICA CLUB AND MEMBERSHIP DEVELOPMENT 17600 CHECK NORTH AMERICA CLUB AND MEMBERSHIP DEVELOPMENT 6856 OTHER 1 2 TUSPA GRANT SOUTH AMERICA 8 322114 PLAYER DEVELOPMENT SOUTH AMERICA 4 63773 STARTUP AND ENHANCEMENT GRANT NORTH AMERICA 1 1720 YOUNG PLAYER OUTREACH GRANT SUB-SAHARAN AFRICA 1 2700 1 0 1 0 0 0 PART I, LINE 3: THE AMOUNTS REPORTED IN SCHEDULE F WERE DETERMINED USING THE ACCRUAL METHOD OF ACCOUNTING. PART III ACCOUNTING METHOD: PART I, LINE 2: GRANT AWARDS ARE EVALUATED BY GOALS, OBJECTIVES AND METRICS SPECIFIC TO THE GRANT CATEGORY AS APPROVED BY USPA LEADERSHIP. SCORECARDS, PROGRESS REPORTS AND CLUB VISITS ARE DONE AS NEEDED. 1 AIKEN POLO CLUB INC PO BOX 3021 AIKEN SC 29801 570778833 501(C)(3) 13500 CLUB AND MEMBERSHIP DEVELOPMENT AMERITINA POLO FARM 608 230TH STREET WOODVILLE WI 54028 461168709 5500 CLUB AND MEMBERSHIP DEVELOPMENT ARTAGON INC 1350 MANU MELE STREET KAILUA HI 96734 472738452 12500 CLUB AND MEMBERSHIP DEVELOPMENT BARRINGTON HILLS POLO CLUB INC 208-A BRAEBURN BARRYINGTON IL 60010 364230561 501(C)(7) 9270 CLUB AND MEMBERSHIP DEVELOPMENT BIG HORN POLO CLUB PO BOX 247 SHERIDAN WY 82801 830331398 7200 CLUB AND MEMBERSHIP DEVELOPMENT BRANDYWINE POLO CLUB PO BOX 568 UNIONVILLE PA 19375 462524595 19549 CLUB AND MEMBERSHIP DEVELOPMENT CALIFORNIA POLO CLUB INC 16060 VENTURA BLVD 110-268 ENCINO CA 91436 954503823 19421 CLUB AND MEMBERSHIP DEVELOPMENT CASABLANCA POLO CO 1842 WILTSHIRE VILLAGE DRIVE WELLINGTON FL 33414 141853488 25000 CLUB AND MEMBERSHIP DEVELOPMENT CENTRAL COAST POLO CLUB 2320 CLARK VALLEY ROAD LOS OSOS CA 93402 710891330 501(C)(3) 36473 CLUB AND MEMBERSHIP DEVELOPMENT CENTRAL TEXAS POLO ASSOCIATION 552 WILKEY ROAD POTEET TX 78065 812089868 501(C)(7) 18227 CLUB AND MEMBERSHIP DEVELOPMENT CERRO PAMPA POLO CLUB LLC 44 MONTGOMERY STREET SUITE 940 SAN FRANCISCO CA 94104 464497585 21107 CLUB AND MEMBERSHIP DEVELOPMENT CHICAGO POLO ASSOCIATION 552 S WASHINGTON STREET NAPERVILLE IL 60540 824972555 501(C)(7) 38910 CLUB AND MEMBERSHIP DEVELOPMENT CORNELL UNIVERSITY 341 PINE TREE ROAD ITHACA NY 14850 150532082 501(C)(3) 8000 CLUB AND MEMBERSHIP DEVELOPMENT DDB CUSTOMS INC 9239 HESTER ROAD HURDLE MILLS NC 27541 561908757 20816 CLUB AND MEMBERSHIP DEVELOPMENT DENVER POLO CLUB 10415 ROXBOUROUGH PARK RD LILLETON CO 80125 472756518 5238 CLUB AND MEMBERSHIP DEVELOPMENT DETROIT POLO CLUB 1155 S HICKORY RIDGE TRAIL MILFORD MI 48380 823633875 23000 CLUB AND MEMBERSHIP DEVELOPMENT EASTERN SHORE POLO CLUB INC DBA POINT CLEAR POLO CLUB PO BOX 1352 POINT CLEAR AL 36564 743039021 501(C)(7) 17400 CLUB AND MEMBERSHIP DEVELOPMENT ELDORADO POLO INC DBA ELDORADO POLO CLUB 50950 MADISON STREET INDIO CA 92201 462856594 38540 CLUB AND MEMBERSHIP DEVELOPMENT EMPIRE POLO CLUB 81-800 AVENUE 51 INDIO CA 92201 954248556 22000 CLUB AND MEMBERSHIP DEVELOPMENT FINATO POLO ENTERPRISE DBA SOUTH BAY POLO 1290 MASTEN AVENUE GILROY CA 95020 843435073 13853 CLUB AND MEMBERSHIP DEVELOPMENT FRANKLIN POLO ACADEMY LLC 1650 OLD HILLSBORO ROAD FRANKLIN TN 37069 472740627 10000 CLUB AND MEMBERSHIP DEVELOPMENT GARDNERTOWN FARM INC 822 GARDNERTOWN FARMS ROAD NEWBURGH NY 12550 141797577 16909 CLUB AND MEMBERSHIP DEVELOPMENT GO POLO LLC 2040 GREENVIEW SHORES BLVD 208 WELLINGTON FL 33414 474188525 7000 CLUB AND MEMBERSHIP DEVELOPMENT HAVILAND HOLLOW POLO CLUB LLC 815 EAST BRANCH ROAD PATTERSON NY 12563 510645222 33090 CLUB AND MEMBERSHIP DEVELOPMENT HOUSTON POLO CLUB 8552 MEMORIAL DRIVE HOUSTON TX 77024 760046253 501(C)(7) 33990 CLUB AND MEMBERSHIP DEVELOPMENT LEXINGTON POLO ASSOCIATION 6100 MT HOREB PIKE LEXINGTON KY 40511 310973518 8620 CLUB AND MEMBERSHIP DEVELOPMENT MIDLAND POLO CLUB INC PO BOX 81113 MIDLAND TX 79708 751224576 18642 CLUB AND MEMBERSHIP DEVELOPMENT MOUNTAIN VIEW POLO LLC 261 FALCON RIDGE ROAD CHARLES TOWN WV 25414 452873877 6090 CLUB AND MEMBERSHIP DEVELOPMENT MYOPIA HUNT CLUB 435 BAY ROAD HAMILTON MA 01982 041648210 501(C)(7) 8250 CLUB AND MEMBERSHIP DEVELOPMENT MYOPIA POLO EDUCATION FOUNDATION INC C/O HUSARIA FARM 304 HIGH STREET IPSWICH MA 01938 814073798 501(C)(3) 23000 CLUB AND MEMBERSHIP DEVELOPMENT NEW BRIDGE POLO CLUB INC 862 NEW BRIDGE ROAD AIKEN SC 29805 200485702 11750 CLUB AND MEMBERSHIP DEVELOPMENT NEWPORT POLO INC 2503 EAST MAIN ROAD PORTSMOUTH RI 02871 050458298 18245 CLUB AND MEMBERSHIP DEVELOPMENT NWA POLO CLUB 14955 SHIPE ROAD GRAVETTE AR 72736 464842526 7750 CLUB AND MEMBERSHIP DEVELOPMENT OKLAHOMA STATE UNIVERSITY FOUNDATION 400 SOUTH MONROE STILLWATER OK 74074 736097060 501(C)(3) 15000 CLUB AND MEMBERSHIP DEVELOPMENT PCM INC DBA MARYLAND POLO CLUB 1701 GREENSPRING VALLEY ROAD STEVENSON MD 21153 521491603 501(C)(7) 10180 CLUB AND MEMBERSHIP DEVELOPMENT PILOT CATASTROPHE SERVICES INC PO BOX 91299 MOBILE AL 366911299 631012513 1000000 PRIZE MONEY PINEOAK PARTNERS LLC DBA OAK BROOK POLO CLUB 875 NORTH MICHIGAN AVENUE SUITE 3805 CHICAGO IL 60611 812205787 28496 CLUB AND MEMBERSHIP DEVELOPMENT POLO TRAINING FOUNDATION 70 CLINTON STREET TULLY NY 13159 362605713 501(C)(3) 10000 SPONSORSHIP PORT MAYACA POLO CLUB LLC 11320 FORTUNE CIRCLE SUITE G-15 WELLINGTON FL 33414 113826041 7684 CLUB AND MEMBERSHIP DEVELOPMENT POWAY POLO CLUB 14325 MIDLAND ROAD POWAY CA 92064 300913073 501(C)(3) 11132 CLUB AND MEMBERSHIP DEVELOPMENT RANCHO SILVERADO STABLES LLC DBA OC POLO 23615 EL TORO ROAD SUITE X 354 LAKE FOREST CA 92630 474162220 26440 CLUB AND MEMBERSHIP DEVELOPMENT RIVER VALLEY EQUESTRIAN CENTER LLC 9104 SOLDIN LANE EL CAJON CA 92021 465445238 9055 CLUB AND MEMBERSHIP DEVELOPMENT SAFETY EQUIPMENT INSTITUTE 1307 DOLLEY MADISON BLVD SUITE 3A MCLEAN VA 22101 541170360 15055 CLUB AND MEMBERSHIP DEVELOPMENT SAN ANTONIO POLO CLUB PO BOX 6341 SAN ANTONIO TX 78209 800913133 501(C)(3) 6048 CLUB AND MEMBERSHIP DEVELOPMENT SANTA BARBARA POLO & RACQUET CLUB 3375 FOOTHILL ROAD 1200 CARPINTERIA CA 93013 952771762 501(C)(7) 54170 CLUB AND MEMBERSHIP DEVELOPMENT SCHOLARSHIP AMERICA INC 7900 INTERNATIONAL DRIVE SUITE 500 MINNEAPOLIS MN 55425 042296967 501(C)(3) 52000 CLUB AND MEMBERSHIP DEVELOPMENT SEATTLE POLO & EQUESTRIAN CLUB 425 WESTLAKE AVENUE NORTH SEATTLE WA 98109 460698337 6667 CLUB AND MEMBERSHIP DEVELOPMENT SKANEATELES POLO INC PO BOX 56-783 ANDREWS ROAD SKANEATELES NY 13152 061195509 6362 CLUB AND MEMBERSHIP DEVELOPMENT TEXAS A & M FOUNDATION 401 GEORGE BUSH DRIVE COLLEGE STATION TX 77840 742245072 501(C)(3) 11732 CLUB AND MEMBERSHIP DEVELOPMENT TEXAS ARENA LEAGUE PO BOX 81113 MIDLAND TX 79708 371950257 501(C)(7) 8371 CLUB AND MEMBERSHIP DEVELOPMENT THE VILLAGE OPERATING CO INC DBA THE VILLAGES POLO CLUB 3619 KIESSEL ROAD THE VILLAGES FL 32163 204647826 12800 CLUB AND MEMBERSHIP DEVELOPMENT TWILIGHT POLO LLC DBA GREAT MEADOW POLO CLUB 5089 OLD TAVERN ROAD THE PLAINS VA 20198 272545349 13100 CLUB AND MEMBERSHIP DEVELOPMENT VIRGINIA POLO INC 1082 FOREST LODGE LANE CHARLOTTESVILLE VA 22903 541569671 501(C)(3) 38117 CLUB AND MEMBERSHIP DEVELOPMENT WILLOW BEND POLO & HUNT CLUB CORPORATION PO BOX 1477 LITTLE ELM TX 75068 752351886 27000 CLUB AND MEMBERSHIP DEVELOPMENT YALE POLO & EQUESTRIAN CENTER INC 79 RAINBOW ROAD BETHANY CT 06524 270820382 501(C)(3) 36000 CLUB AND MEMBERSHIP DEVELOPMENT 12 43 ARENA REIMBURSEMENT 3 4322 ARMED FORCES GRANT 3 7753 CLUB DEVELOPMENT START UP 2 2000 CLUB DEVELOPMENT SUPPORT 3 25929 POLO DEVELOPMENT INITIATIVE 10 75238 PRIZE MONEY 1 6500 PUMP 8 10 29728 TRAINING GRANT 1 9000 TRAVEL PLAYER REIMBURSEMENT 19 17542 TROPHY REIMBURSEMENT 3 4000 UMP FUNDS 2 480 WOMEN'S TOURNAMENT ASSISTANCE 3 750 YOUNG PLAYERS OUTREACH GRANT 6 25966 PART I, LINE 2: THE ASSOCIATION USES THE FOLLOWING PROCEDURES FOR MONITORING USE OF GRANT FUNDS IN THE UNITED STATES: - CLUB VISITS; - SCORECARD COMPLETION WITH VARIOUS POINTS MEASURING METRICS SUCH AS ACHIEVEMENTS, GOALS, BENCH MARKING, ETC.; - CONTINUOUS MENTORING SUPPORT; - AND PROGRESS MONITORING. THE GRANT IS ISSUED ONLY WHEN THE REQUEST IS IN SUPPORT OF USPA'S MISSION. 0 0 0 ROBERT PUETZ CEO 255000 0 22500 0 516 0 44100 0 17679 0 339795 0 0 0 SUSAN C PRESENT CFO 204732 0 20000 0 1524 0 8989 0 11967 0 247212 0 0 0 CHARLES A MULDOON EXEC. DIR. - UMPIRES LLC 164820 0 10000 0 276 0 0 0 22580 0 197676 0 0 0 CARLOS R DE ARELLANO II EXEC. DIR. - MEMBER SERVICES 164539 0 15000 0 120 0 0 0 22499 0 202158 0 0 0 DAVID RAGLAND DAVID RAGLAND (TRUSTEE) 7000 CLUB SUPPORT GRANT POLO DEVELOPMENT INITIATIVE OKC POLO CLUB DAVID RAGLAND (TRUSTEE) 1894 CLUB SUPPORT GRANT PUMP 8 CREDIT DENVER POLO CLUB FAMILY MEMBERS OF ERICA GANDOMCAR-SACHS (TRUSTEE) 5238 CLUB SUPPORT GRANT PUMP 8 CREDIT HAVILAND HOLLOW POLO CLUB SAMUEL RAMIREZ (TRUSTEE) 8090 CLUB SUPPORT GRANT PUMP 8 CREDIT HAVILAND HOLLOW POLO CLUB SAMUEL RAMIREZ (TRUSTEE) 25000 CLUB SUPPORT GRANT PRIZE MONEY PORT MAYACA POLO CLUB STEPHEN ORTHWEIN JR. (TRUSTEE) 4000 CLUB SUPPORT GRANT CLUB SUPPORT PORT MAYACA POLO CLUB STEPHEN ORTHWEIN JR. (TRUSTEE) 3100 CLUB SUPPORT GRANT PUMP 8 CREDIT PORT MAYACA POLO CLUB STEPHEN ORTHWEIN JR. (TRUSTEE) 584 CLUB SUPPORT GRANT TROPHY REIMBURSEMENT RANCHO SILVERADO STABLES LLC DBA OC POLO DENNIS GEILER (TRUSTEE) 18000 CLUB SUPPORT GRANT POLO DEVELOPMENT INITIATIVE RANCHO SILVERADO STABLES LLC DBA OC POLO DENNIS GEILER (TRUSTEE) 5000 CLUB SUPPORT GRANT PUMP 8 CREDIT RANCHO SILVERADO STABLES LLC DBA OC POLO DENNIS GEILER (TRUSTEE) 2800 CLUB SUPPORT GRANT ARENA REIMBURSEMENT RANCHO SILVERADO STABLES LLC DBA OC POLO DENNIS GEILER (TRUSTEE) 640 CLUB SUPPORT GRANT TROPHY REIMBURSEMENT AMISTAPOLO INC CHILDREN OF JULIO ARELLANO (TRUSTEE) 43835 GRANT TUSPA FOREIGN GRANT WAGENER POLO CLUB LLC WILLIAM RAAB (TRUSTEE) 7500 CLUB SUPPORT GRANT POLO DEVELOPMENT INITIATIVE WAGENER POLO CLUB LLC WILLIAM RAAB (TRUSTEE) 4600 CLUB SUPPORT GRANT PUMP 8 CREDIT WINDRIDGE FARM LLC CHILD OF ROBERT MCMURTRY (TRUSTEE) 1000 CLUB SUPPORT GRANT POLO DEVELOPMENT INITIATIVE ROBIN SANCHEZ ROBIN SANCHEZ (TRUSTEE) 16925 CLUB SUPPORT GRANT POLO DEVELOPMENT INITIATIVE ROBIN SANCHEZ ROBIN SANCHEZ (TRUSTEE) 3072 CLUB SUPPORT GRANT ARENA REIMBURSEMENT ROBIN SANCHEZ ROBIN SANCHEZ (TRUSTEE) 1753 CLUB SUPPORT GRANT ARMED FORCES ROBIN SANCHEZ ROBIN SANCHEZ (TRUSTEE) 3680 CLUB SUPPORT GRANT TROPHY REIMBURSEMENT ROBIN SANCHEZ ROBIN SANCHEZ (TRUSTEE) 250 CLUB SUPPORT GRANT WOMEN'S TOURNAMENT ROBIN SANCHEZ ROBIN SANCHEZ (TRUSTEE) 8929 CLUB SUPPORT GRANT CLUB SUPPORT FRANKLIN POLO ACADEMY LLC STEVEN ORTHWEIN JR. (TRUSTEE) 10000 CLUB SUPPORT GRANT POLO DEVELOPMENT INITIATIVE RIZZO MANAGEMENT CORP PETER RIZZO (TRUSTEE) 298660 PURCHASE PUBLISHING SERVICE FOR THE POLO PLAYERS' EDITION MONTHLY MAGAZINE AND ADVERTISING. 0 CHUKKERTV LLC MELISSA GANZI (FORMER TRUSTEE) 627592 TO RENDER FILM, PRODUCTION AND LIVE STREAM CONSULTING SERVICES IN CONNECTION WITH MULTIPLE USPA SANCTIONED POLO GAMES. 0 FORM 990, PART VI, SECTION A, LINE 1 IN ACCORDANCE WITH ARTICLE IV OF THE UNITED STATES POLO ASSOCIATION ("USPA") CONSTITUTION, THE BOARD OF GOVERNORS HAS DELEGATED THE FULL POWERS AND DUTIES OF THE BOARD OF GOVERNORS TO THE EXECUTIVE COMMITTEE TO ACT IN BETWEEN MEETINGS OF THE BOARD OF GOVERNORS, INCLUDING, BUT NOT LIMITED TO, THE OVERSIGHT OF THE DAY-TO-DAY OPERATIONAL BUSINESS OF THE ASSOCIATION, INCLUDING THE MANAGEMENT OF THE USPA STAFF AND ANNUAL BUDGET THAT HAS BEEN APPROVED BY THE BOARD OF GOVERNORS; PROVIDED, HOWEVER, THAT, UNLESS OTHERWISE DIRECTED FROM TIME TO TIME BY THE BOARD OF GOVERNORS, THE EXECUTIVE COMMITTEE SHALL NOT TAKE ANY ACTION THAT IS NOT APPROPRIATED FOR IN THE ANNUAL BUDGET OF THE ASSOCIATION AS APPROVED BY THE BOARD OF GOVERNORS OR THAT BINDS, COMMITS, OR OBLIGATES THE ASSOCIATION TO EXPEND, PLEDGE, LOAN, OR OTHERWISE COMMIT ASSOCIATION ASSETS THAT EXCEED TEN PERCENT (10%) OF ANY CORRESPONDING LINE ITEM IN THE ASSOCIATIONS'S BUDGET AS APPROVED BY THE BOARD OF GOVERNORS. NOTWITHSTANDING THE FOREGOING, ONE OF THE NON-DELEGATE DUTIES (AS DEFINED ABOVE) HAVE OR MAY BE DELEGATED TO THE EXECUTIVE COMMITTEE, AND THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY, WITHOUT CONSULTATION AND PRIOR APPROVAL OF THE BOARD OF GOVERNORS, TO PURCHASE, SELL, CREATE, OR DESTROY AND CORPORATE ENTITY OF THE ASSOCIATION, WHETHER OWNED IN WHOLE OR IN PART. EXCEPT FOR ANY ACTION ON THE PART OF THE EXECUTIVE COMMITTEE TO ACCEPT A MEMBER CLUB AS A PROVISIONAL ACTIVE MEMBER CLUB OR TAKE ANY ACTION OR MAKE ANY DETERMINATION SPECIFICALLY REQUIRED OF THE EXECUTIVE COMMITTEE IN ANY BOARD APPROVED DISCIPLINARY POLICY, EACH OF WHICH THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO DO WITHOUT FURTHER REVIEW BY THE BOARD OF GOVERNORS, ALL ACTIONS OF THE EXECUTIVE COMMITTEE CONSISTENT HEREWITH WILL BE BINDING ON THE ASSOCIATION AND WILL BE REPORTED TO THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE OCTOBER 19, 2019, THE UNITED STATES POLO ASSOCIATION ("USPA") ADOPTED CERTAIN SIGNIFICANT CHANGES TO ITS CONSTITUTION AND BY-LAWS WHICH ARE SUMMARIZED AS FOLLOWS: 1) NOTICE OF BOARD MEETINGS AND BOARD MEETING AGENDA EXPECTATIONS: ARTICLE III, SECTION 3 HAS BEEN DIVIDED INTO TWO SUBSECTIONS. SUBSECTION (A) RELATES TO NOTICE OF BOARD MEETINGS AND PROVIDES FOR NEW, LIMITED CIRCUMSTANCES UNDER WHICH A SPECIAL MEETING OF THE BOARD OF GOVERNORS COULD BE CALLED ON TWENTY-FOUR HOURS NOTICE. SPECIFICALLY, IT PROVIDES THAT A SPECIAL BOARD MEETING MAY BE CALLED ON TWENTY-FOUR HOURS' ADVANCE NOTICE IF AND ONLY IF THE MEETING IS BEING CALLED IN CONNECTION WITH A MATTER SUBJECT TO THE DISCIPLINARY PROCEDURES POLICY OF THE USPA, AND RESOLUTION OF THE MATTER IS SO TIME SENSITIVE THAT PROVIDING FORTY-EIGHT HOURS' ADVANCE NOTICE TO THE BOARD WOULD HAVE AN ADVERSE EFFECT ON THE PROGRESSION OF A USPA EVENT. NEW SUBSECTION (B), WHICH IS INTENDED TO REPLACE EXISTING RESOLUTION 4.2, PROVIDES INFORMATION CONCERNING THE TIMELINE EXPECTATIONS FOR PLACING ITEMS ON A BOARD OF GOVERNORS MEETING AGENDA. IT REQUIRES BEST EFFORTS TO BE MADE TO PROVIDE, WHENEVER PRACTICAL, WRITTEN NOTICE OF ITEMS TO BE PLACED ON A BOARD OF GOVERNORS MEETING AGENDA, ALONG WITH CORRESPONDING DOCUMENTATION, IF ANY, AT LEAST THREE WEEKS BEFORE THE MEETING AT WHICH THE MATTER IS TO BE CONSIDERED. (ARTICLE III, SECTION 3) 2) YOUNG PLAYERS COMMITTEE ADDED AS STANDING ADVISORY COMMITTEE: THE YOUNG PLAYERS COMMITTEE WAS ADDED AS A STANDING ADVISORY COMMITTEE OF THE USPA. (ARTICLE IV, SECTION 3) 3) PROVISIONAL ACTIVE MEMBER CLUBS NOW TO BE CALLED PROVISIONAL MEMBER CLUBS: CONSISTENT WITH THE PROPOSED CHANGE TO THE CONSTITUTION, ALL REFERENCES TO "PROVISIONAL ACTIVE MEMBER CLUBS" HAVE BEEN CHANGED TO "PROVISIONAL MEMBER CLUBS." (ARTICLE VI, SECTION 3(A)(2) AND THROUGHOUT) 4) PROVISIONAL MEMBER CLUB DEFINITION CHANGES: THE DEFINITION OF "PROVISIONAL MEMBER CLUB" HAS BEEN REVISED IN SEVERAL RESPECTS. FIRST, PART (B) OF THAT DEFINITION HAS BEEN REVISED TO CLARIFY THAT PROVISIONAL MEMBER CLUBS INCLUDE ACTIVE MEMBER CLUBS THAT HAVE FALLEN OUT OF COMPLIANCE WITH THE SPECIFIC MEMBERSHIP REQUIREMENT TO HAVE AT LEAST SIX REGISTERED PLAYER MEMBERS AGE 18 YEARS OR OLDER BUT THAT OTHERWISE MEET ALL REQUIREMENTS FOR ACTIVE MEMBER CLUB MEMBERSHIP. SECOND, A NEW PART (C) OF THAT DEFINITION HAS BEEN ADDED TO PROVIDE THAT PROVISIONAL MEMBER CLUBS ALSO MAY INCLUDE CLUBS THAT PARTICIPATE EXCLUSIVELY IN INTERSCHOLASTIC POLO AT THE HIGH SCHOOL LEVEL. SUCH CLUBS MAY QUALIFY AS PROVISIONAL MEMBER CLUBS EVEN IF THEY DO NOT HAVE AT LEAST SIX REGISTERED PLAYER MEMBERS AGE 18 YEARS OR OLDER SO LONG AS THEY OTHERWISE MEET ALL REQUIREMENTS FOR ACTIVE MEMBER CLUB MEMBERSHIP, AND THEY MAY REMAIN PROVISIONAL MEMBER CLUBS IRRESPECTIVE OF THE OTHERWISE-APPLICABLE THREE-YEAR TIME LIMIT FOR BEING CLASSIFIED AS A PROVISIONAL MEMBER CLUB. ADDITIONALLY, NEW LANGUAGE HAS BEEN ADDED TO THE DEFINITION TO CLARIFY THAT ACTIVE MEMBER CLUBS THAT FALL OUT OF COMPLIANCE WITH THE REQUIREMENT TO HAVE AT LEAST SIX REGISTERED PLAYER MEMBERS AGE 18 OR OLDER SHALL BE RECLASSIFIED AUTOMATICALLY AS PROVISIONAL MEMBER CLUBS UPON IDENTIFICATION AND CONFIRMATION OF SUCH FACT BY USPA STAFF. (ARTICLE VI, SECTION 3(A)(2)) 5) AFFILIATE MEMBER CLUB DEFINITION CHANGE: LANGUAGE WAS ADDED THAT REQUIRES, EFFECTIVE JANUARY 1, 2020, ALL AFFILIATE MEMBER CLUBS TO HAVE AT LEAST SIX INDIVIDUAL MEMBERS THAT ARE REGISTERED PLAYER MEMBERS, AFFILIATE PLAYER MEMBERS, OR ANY COMBINATION THEREOF. (ARTICLE VI, SECTION 3(A)(3)) 6) AUTOMATIC SUSPENSION FOR FAILURE TO MAINTAIN INSURANCE: LANGUAGE WAS ADDED TO PROVIDE THAT MEMBER CLUBS THAT FALL OUT OF COMPLIANCE WITH USPA INSURANCE REQUIREMENTS SHALL BE SUSPENDED AUTOMATICALLY UPON IDENTIFICATION AND CONFIRMATION OF SUCH FACT BY USPA STAFF. (ARTICLE VI, SECTION 4(A)) 7) 90-DAY GRACE PERIOD BEFORE LOSING RIGHT TO PARTICIPATE IN ASSOCIATION AFFAIRS DUE TO BEING REGISTERED WITH A MEMBER CLUB NOT IN GOOD STANDING: LANGUAGE WAS ADDED TO ARTICLE VI, SECTION 4(B) TO PROVIDE THAT INDIVIDUAL MEMBERS THAT ARE NOT IN GOOD STANDING, OR THAT ARE REGISTERED THROUGH A MEMBER CLUB THAT IS NOT IN GOOD STANDING FOR A PERIOD EXCEEDING 90 DAYS, MAY NOT PARTICIPATE IN ASSOCIATION AFFAIRS AS DESCRIBED IN THAT SECTION. THE 90-DAY PERIOD IS INTENDED TO PROVIDE INDIVIDUAL MEMBERS WITH A GRACE PERIOD BEFORE THEY WOULD LOSE THEIR RIGHT TO PARTICIPATE IN ASSOCIATION AFFAIRS DUE TO BEING REGISTERED THROUGH A MEMBER CLUB THAT IS NOT IN GOOD STANDING. (ARTICLE VI, SECTION 4(B)) 8) MEMBER CLUB RECLASSIFICATION: ARTICLE VI, SECTION 6(A) RELATING TO MEMBERSHIP RECLASSIFICATIONS WAS REVISED FOR CONSISTENCY WITH THE CHANGE MADE TO ARTICLE VI, SECTION 4(A) DESCRIBED ABOVE (RELATING TO AUTOMATIC SUSPENSION FOR FAILURE TO MAINTAIN THE REQUISITE INSURANCE). THAT PROVISION NOW PROVIDES THAT, WHEN A MEMBER CLUB THAT HAS BEEN SUSPENDED (E.G., FOR DISCIPLINARY REASONS OR FOR FAILURE TO MAINTAIN THE REQUISITE INSURANCE) HAS CORRECTED THE DEFICIENCIES RESULTING IN SUSPENSION, THE MEMBER CLUB MAY APPLY FOR REINSTATEMENT AND THE BOARD OF GOVERNORS OR THE EXECUTIVE COMMITTEE MAY CONSIDER AND ACT UPON SUCH APPLICATIONS FOR REINSTATEMENT. FORM 990, PART VI, SECTION A, LINE 4 9) EXECUTIVE COMMITTEE COMPOSITION: THE CHAIRMAN OF THE ASSOCIATION SHALL MAKE RECOMMENDATIONS REGARDING INDIVIDUALS TO SERVE AS MEMBERS OF THE EXECUTIVE COMMITTEE, BUT RATHER THAN THE BOARD VOTING TO APPROVE OR DISAPPROVE THE FULL SLATE OF CANDIDATES PROPOSED BY THE CHAIRMAN, THE BOARD SHALL VOTE TO APPROVE OR DISAPPROVE EACH INDIVIDUAL CANDIDATE PROPOSED. ADDITIONALLY, UNLESS OTHERWISE DETERMINED BY THE BOARD OF GOVERNORS, SUCH VOTES SHALL BE BY CLOSED BALLOT AT A BOARD MEETING. RECORDS OF THE VOTES OF EACH BOARD MEMBER SHALL BE KEPT AND ANY MEMBER OF THE BOARD MAY REQUEST TO EXAMINE SUCH RECORDS. (ARTICLE III, SECTION 2) 10) NOMINATING COMMITTEE: THE NOMINATING COMMITTEE SHALL CONTINUE TO BE MADE UP OF SEVEN VOTING MEMBERS SELECTED BY THE BOARD OF GOVERNORS. OF THE SEVEN VOTING MEMBERS OF THE NOMINATING COMMITTEE, FIVE SHALL BE SELECTED FROM AMONG THE THEN-CURRENT MEMBERS OF THE BOARD OF GOVERNORS AND THE REMAINING TWO SHALL BE SELECTED FROM AMONG THE REGISTERED PLAYER MEMBERS THAT ARE AT LEAST 18 YEARS OF AGE AND THAT ARE NOT THEN-CURRENT MEMBERS OF THE BOARD OF GOVERNORS (BUT WHO MAY BE PRIOR MEMBERS OF THE BOARD OF GOVERNORS). IN LIEU OF A NONVOTING NOMINATING COMMITTEE CHAIRPERSON SELECTED BY THE AUDIT COMMITTEE, THE SEVEN VOTING NOMINATING COMMITTEE MEMBERS SHALL SELECT A VOTING CHAIRPERSON FROM AMONG THE NOMINATING COMMITTEE MEMBERS. (ARTICLE III, SECTION 3) 11) PROVISIONAL ACTIVE MEMBER CLUBS NOW TO BE CALLED PROVISIONAL MEMBER CLUBS: ALL REFERENCES TO "PROVISIONAL ACTIVE MEMBER CLUBS" HAVE BEEN CHANGED TO "PROVISIONAL MEMBER CLUBS." (ARTICLE IV, SECTION 1(A)) 12) CLARIFICATION REGARDING DELEGATE RIGHT TO VOTE BY PROXY: LANGUAGE WAS ADDED TO ARTICLE IV, SECTION 4(A) TO CLARIFY THAT DELEGATE VOTING BY PROXY IS PERMITTED ONLY WITH RESPECT TO PROPOSED CONSTITUTIONAL AMENDMENTS. (ARTICLE IV, SECTION 4(A)) 13) RECORD DATE FOR DELEGATE NOMINATION OF GOVERNOR-AT-LARGE CANDIDATE: LANGUAGE WAS ADDED TO ARTICLE IV, SECTION 4 TO PROVIDE A RECORD DATE FOR DETERMINING DELEGATES ELIGIBLE TO NOMINATE A CANDIDATE FOR GOVERNOR-AT-LARGE. SUCH LANGUAGE PROVIDES THAT DELEGATES OF RECORD AS OF JUNE 1 OF A GOVERNOR-AT-LARGE ELECTION YEAR SHALL BE PERMITTED TO NOMINATE A CANDIDATE FOR GOVERNOR-AT-LARGE (PURSUANT TO ARTICLE VI) AND FURTHER PROVIDES THAT IF AN ACTIVE MEMBER CLUB CHANGES ITS DELEGATE AFTER JUNE 1 BUT BEFORE THE CLOSE OF THE PERIOD FOR DELEGATE NOMINATIONS OF GOVERNOR-AT-LARGE CANDIDATES, SUCH ACTIVE MEMBER CLUB WILL NOT HAVE A DELEGATE ELIGIBLE TO NOMINATE A CANDIDATE FOR GOVERNOR-AT-LARGE FOR SUCH ELECTION. (ARTICLE IV, SECTION 4(D)) 14) 90-DAY GRACE PERIOD BEFORE LOSING RIGHT TO PARTICIPATE IN ASSOCIATION AFFAIRS DUE TO BEING REGISTERED WITH A MEMBER CLUB NOT IN GOOD STANDING: LANGUAGE WAS ADDED TO ARTICLE IV, SECTION 5 TO PROVIDE THAT INDIVIDUAL MEMBERS THAT ARE NOT IN GOOD STANDING, OR THAT ARE REGISTERED THROUGH A MEMBER CLUB THAT IS NOT IN GOOD STANDING FOR A PERIOD EXCEEDING 90 DAYS, MAY NOT PARTICIPATE IN ASSOCIATION AFFAIRS AS DESCRIBED IN THAT SECTION. THE 90-DAY PERIOD IS INTENDED TO PROVIDE INDIVIDUAL MEMBERS WITH A GRACE PERIOD BEFORE THEY WOULD LOSE THEIR RIGHT TO PARTICIPATE IN ASSOCIATION AFFAIRS DUE TO BEING REGISTERED THROUGH A MEMBER CLUB THAT IS NOT IN GOOD STANDING. (ARTICLE IV, SECTION 5) 15) MEMBER CLUB RECLASSIFICATION: THE LANGUAGE IN ARTICLE IV, SECTION 8 RELATING TO THE PROCEDURE FOR MEMBER CLUB RECLASSIFICATIONS WAS MODIFIED TO REFLECT THAT IT IS INTENDED TO CONSISTENT WITH THE PROCESS FOR MEMBER CLUB RECLASSIFICATIONS THAT IS DESCRIBED IN THE BY-LAWS (E.G., PERMITTING THE EXECUTIVE COMMITTEE TO ACT UPON APPLICATIONS FOR REINSTATEMENT IN SPECIFIED CIRCUMSTANCES, RATHER THAN ONLY PERMITTING THE BOARD TO DO SO AS COULD HAVE BEEN SUGGESTED BY THE PRIOR LANGUAGE). (ARTICLE IV, SECTION 8) 16) CLARIFICATION REGARDING TIMING FOR WHEN ELECTED CIRCUIT GOVERNORS AND GOVERNORS-AT-LARGE ASSUME OFFICE: A NEW SUBSECTION F WAS ADDED TO SECTION 3 OF ARTICLE V TO CLARIFY THAT ELECTED CIRCUIT GOVERNORS TAKE OFFICE AT THE CONCLUSION (RATHER THAN THE START) OF THE NEXT ANNUAL MEMBER MEETING FOLLOWING THEIR ELECTION AND TO FURTHER CLARIFY THAT THEIR TERMS EXPIRE AT THE THIRD ANNUAL MEMBER MEETING FOLLOWING THE BEGINNING OF THEIR TERMS. SIMILAR LANGUAGE WAS ADDED TO SUBSECTION I OF SECTION 2 OF ARTICLE VI WITH RESPECT TO GOVERNORS-AT-LARGE. (ARTICLE V, SECTION 3F; ARTICLE VI, SECTION 2I) FORM 990, PART VI, SECTION A, LINE 6 THE UNITED STATES POLO ASSOCIATION IS AN ASSOCIATION OF REGISTERED POLO CLUBS, ASSOCIATIONS, AND OTHER ENTITIES ENGAGED IN OR RELATED TO THE SPORT OF POLO (COLLECTIVELY, THE "MEMBER CLUBS") AND OF THE ASSOCIATION REGISTERED INDIVIDUAL MEMBERS OF THE MEMBER CLUBS, MEMBER CLUB CLASSIFICATIONS ARE ACTIVE, PROVISIONAL MEMBER, AFFILIATE AND ASSOCIATE MEMBER CLUBS, INDIVIDUAL MEMBER CLASSIFICATIONS ARE REGISTERED PLAYER, AFFILIATED PLAYER, SOCIAL NON-PLAYING, LIFETIME AND PLAYER ONLY. FORM 990, PART VI, SECTION A, LINE 7A CIRCUIT GOVERNORS - THE ACTIVE MEMBER CLUBS IN EACH CIRCUIT, BY VOTE OF THEIR DELEGATES, WILL ELECT A CIRCUIT GOVERNOR FOR A THREE YEAR TERM WHO WILL REPRESENT THE CIRCUIT IN ITS RELATIONS WITH THE ASSOCIATION. GOVERNORS-AT-LARGE - SHALL BE ELECTED BY THE VOTE OF REGISTERED PLAYERS IN GOOD STANDING FOR A TWO YEAR TERM. BEGINNING AS OF THE FALL 2019, EACH GOVERNOR-AT-LARGE SHALL SERVE FOR A THREE YEAR TERM. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS OR CHANGES TO THE CONSTITUTION CAN ONLY BE MADE BY THE AFFIRMATIVE VOTE OF TWO-THIRDS (2/3) OF THE TOTAL NUMBER OF VOTES CAST BY THE DELEGATES OF THE ACTIVE MEMBER CLUBS OF THE ASSOCIATION. EACH MEMBER CLUB APPOINTS 1 DELEGATE AND THE DELEGATES ARE CONSIDERED THE MEMBERS. THE UNITED STATES POLO ASSOCIATION ("USPA") MUST HOLD AN ANNUAL MEMBER MEETING EACH FALL AND MUST HAVE A QUORUM BY ATTENDEES AND/OR BY PROXY IN ORDER TO CONDUCT THE MEETING. NO BUSINESS CAN BE CONDUCTED WITHOUT A QUORUM OF THE MEMBERS. THE WRITTEN NOTICE OF THE PROPOSED AMENDMENT IS PROVIDED TO THE DELEGATE OF ALL ACTIVE MEMBER CLUBS AS LEAST THIRTY (30) DAYS PRIOR TO THE MEETING. ALL NEW AND/OR CHANGES IN OFFICERS AND GOVERNORS ARE INSTALLED IN THE ANNUAL MEMBER MEETING. ALSO, ONLY DELEGATES (MEMBERS) OF THE ASSOCIATION CAN VOTE IN CIRCUIT GOVERNOR ELECTIONS AND ONLY REGISTERED PLAYER MEMBERS (PLAYING MEMBERS WITH US CITIZENSHIP) CAN VOTE IN GOVERNOR-AT-LARGE ELECTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CEO, CFO AND EXECUTIVE COMMITTEE (WHO REPRESENT THE BOARD) BEFORE FILING AND IS AVAILABLE TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE UNITED STATES POLO ASSOCIATION ("USPA") FINALIZED AND APPROVED A DETAILED CONFLICT OF INTEREST POLICY IN 2015. THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO ANY INTERESTED PERSON, WHICH IS ANY USPA OFFICER, EMPLOYEE, GOVERNOR LIEUTENANT GOVERNOR, COMMITTEE MEMBER OR CHAIR AND VOLUNTEER. THE ORGANIZATION'S BOARD MEMBERS SIGN A BOARD OATH WHICH INCLUDES A STATEMENT REGARDING POTENTIAL CONFLICTS OF INTEREST. ANY INTERESTED PERSON HAS A DUTY TO DISCLOSE FINANCIAL CONFLICTS OF INTEREST. FINANCIAL CONFLICTS OF INTEREST WILL FIRST BE DISCLOSED TO THE CFO IN THE DISCLOSURE STATEMENT, THEN TO THE AUDIT COMMITTEE IF NECESSARY, AND FINALLY TO THE BOARD OF GOVERNORS, IF NECESSARY. THE AUDIT COMMITTEE REVIEWS THESE REPORTS AND DETERMINES THEIR VALIDITY. THERE WERE WERE NO CONFLICTS OF INTERESTS IN 2019 REQUIRING FORMAL ACTION BY THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15A IN DETERMINING THE COMPENSATION OF THE ORGANIZATION'S CEO, THE PROCESS, PERFORMED BY THE UNITED STATES POLO ASSOCIATION INCLUDED A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE BOARD AND STAFF COMMITTEE REVIEWED THE INFORMATION AND PREPARED THE RECOMMENDATION WHICH IS THEN APPROVED BY THE BOARD OF GOVERNORS. IN THE RENEW OF THE COMPENSATION, THE CEO WAS COMPARED TO INDIVIDUALS AT OTHER ORGANIZATIONS THE AREA WHO HOLD THE SAME TITLE. DURING THE REVIEW AND APPROVAL OF THE COMPENSATION, DOCUMENTATION OF THE DECISION WAS RECORDED IN THE COMMITTEE MINUTES. THE INDIVIDUAL IS NOT PRESENT WHEN THE COMPENSATION WAS DECIDED. THIS PROCESS IS DONE YEARLY. FORM 990, PART VI, SECTION C, LINE 19 THE UNITED STATES POLO ASSOCIATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 14: THE ORGANIZATION HAS A DOCUMENT RETENTION AND DESTRUCTION POLICY. HOWEVER, SINCE THIS POLICY IS ADMINISTRATIVE, THERE IS NO NEED FOR BOARD APPROVAL. FORM 990, PART VII, SECTION A: THE AMOUNTS PAID TO JULIO ARELLANO AND ROBIN SANCHEZ REFLECT COMPENSATION FOR CONTRACTUAL SERVICES AS INDEPENDENT CONTRACTORS, UNRELATED TO THEIR DUTIES AS TRUSTEES. FORM 990, PART XI, LINE 9: CUMULATIVE EFFECT OF ADOPTION OF ACCOUNTING STANDARD CODIFICATION 606 8,816,241. USPA UMPIRES LLC 12012 SOUTH SHORE BLVD 102 WELLINGTON FL 33414 453789031 POLO UMPIRING, INCLUDING CERTIFICATION AND SETTING OF STANDARDS FL 1337911 335993 UNITED STATES POLO ASSOCIATION INC USPA POLO DEVELOPMENT LLC 12012 SOUTH SHORE BLVD 102 WELLINGTON FL 33414 371743330 DEVELOPMENT OF PLAYERS, CLUBS AND MANAGERS FL 135224 118667 UNITED STATES POLO ASSOCIATION INC USPA MARKETING LLC 12012 SOUTH SHORE BLVD 102 WELLINGTON FL 33414 900902831 MARKETING AND BRANDING OF THE SPORT FL 0 0 UNITED STATES POLO ASSOCIATION INC AMERICAN INTERNATIONAL POLO FOUNDATION 12012 SOUTH SHORE BLVD 102 WELLINGTON FL 33414 371401344 PROMOTE/EDUCATE POLO NATIONALLY AND INTERNATIONALLY IL 501(C)(3) 10 UNITED STATES POLO ASSOCIATION INC 1 USPA GLOBAL LICENSING INC 1400 CENTREPARK BLVD 200 WEST PALM BEACH FL 33401 363280427 TRADEMARK AGREEMENTS IL UNITED STATES POLO ASSOCIATION INC C 18801518 36588259 1.00000 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 USPA GLOBAL LICENSING INC A 18801518 AMOUNT RECORDED FOR ROYALTIES USPA GLOBAL LICENSING INC F 2000000 AMOUNT RECEIVED FOR DIVIDENDS