2017-09-12T16:59:04-05:00 2017-04-30 450250958 EIDE BAILLY LLP 5929 S FASHION POINTE DR STE 300 OGDEN UT 84403 990 2016-05-01 846030639 UNITED STATES SKI TEAM FOUNDATION UNIT 4356499090 PO BOX 100 PARK CITY UT 84060 BROOKE MCAFFEE CFO 4356499090 2017-09-07 1 ERIC C JOHNSON CPA P00243603 8016211575 8.39.233.78 2017-09-07 15:19:27 MD P 4F4D65BEE054A45E572C9DA0631DB3A2CE398AD1 E1577F9EA59399A9BA80E6AE5015D86B78CE070F 2016 2021-01-29 14:40:06Z UNITED STATES SKI AND SNOWBOARD TEAM FOUNDATION TIGER SHAW PO BOX 100 PARK CITY UT 84060 16878658 0 X WWW.USSKITEAM.COM X 1973 CO BENEFIT AND SUPPORT AMATEUR SKIING AND SNOWBOARDING, INCLUDING COACHING AND TRAINING ATHLETES. 73 73 0 150 113 -109 12022796 12498804 0 0 1001 2498 -395808 -44359 11627989 12456943 9867106 10590674 0 0 1366327 1459057 0 0 1593908 323300 558790 11556733 12608521 71256 -151578 5416062 4851434 3725557 3312507 1690505 1538927 X OPERATES FOR THE BENEFIT AND SUPPORT OF AMATEUR SKIING AND SNOWBOARDING, INCLUDING COACHING AND TRAINING ATHLETES IN THESE SPORTS. 0 0 10511013 10270870 UNITED STATES SKI TEAM - TO PROVIDE FUNDING FOR THE TRAINING, COACHING, AND COMPETITION COSTS OF U.S. SKI AND SNOWBOARD TEAM ATHLETES AND DEVELOPMENT PROGRAMS FOR ATHLETES ASPIRING TO MAKE THE U.S. SKI AND SNOWBOARD TEAMS. 319804 319804 SCHOLARSHIP PROGRAM - A RESTRICTED DONATION WAS USED TO ESTABLISH A SCHOLARSHIP FUND FOR ATHLETES. DURING THE PAST YEAR 90 SCHOLARSHIPS WERE AWARDED. 10830817 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 24 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 73 73 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CT FL GA IL IN KS KY LA ME MD MA MI MN MS MO NH NJ NM NY OH OK OR PA RI TN UT VA WA WV WI X X CHRIS SAMPSON 4356499090 PO BOX 100 PARK CITY UT 84060 GREG BOESTER PRESIDENT 1.00 3.30 X 0 0 0 ERIC RESNICK VICE PRESIDENT 1.00 0.30 X 0 0 0 KIPP NELSON TREASURER 1.00 0.30 X 0 0 0 JIM BENEDICT SECRETARY 1.00 X 0 0 0 ALICE RUTH TRUSTEE 1.00 X 0 0 0 ANDREW CADER TRUSTEE 1.00 X 0 0 0 ANDREW DAVIS TRUSTEE 1.00 X 0 0 0 ARMINS RUSIS TRUSTEE 1.00 X 0 0 0 AUSTIN BEUTNER TRUSTEE 1.00 X 0 0 0 BARRY MACLEAN TRUSTEE 1.00 X 0 0 0 BILL BINDLEY II TRUSTEE 1.00 X 0 0 0 BILL SHIEBLER TRUSTEE 1.00 X 0 0 0 BOB HOFF TRUSTEE 1.00 X 0 0 0 BRIAN LEACH TRUSTEE 1.00 X 0 0 0 CINDY NELSON TRUSTEE 1.00 X 0 0 0 ANDY PAUL TRUSTEE 1.00 X 0 0 0 DAN LEEVER TRUSTEE 1.00 1.00 X 0 0 0 DANIELLE VIRTUE TRUSTEE 1.00 X 0 0 0 DAVE MORIN TRUSTEE 1.00 X 0 0 0 DAVE SAUNDERS TRUSTEE 1.00 X 0 0 0 DAVID HENLE TRUSTEE 1.00 X 0 0 0 DEXTER PAINE III TRUSTEE 1.00 3.30 X 0 0 0 DOUGLAS MACKENZIE TRUSTEE 1.00 X 0 0 0 DR MARC PHILIPPON TRUSTEE 1.00 X 0 0 0 EDITH THYS MORGAN TRUSTEE 1.00 X 0 0 0 ERIK BORGEN TRUSTEE 1.00 X 0 0 0 FREDRIC HARMAN TRUSTEE 1.00 X 0 0 0 JEFFERY BOYD TRUSTEE 1.00 X 0 0 0 GEOFF YANG TRUSTEE 1.00 X 0 0 0 STEPHANIE PIERCE TRUSTEE 1.00 X 0 0 0 HARRY FRAMPTON III TRUSTEE 1.00 X 0 0 0 J TAYLOR CRANDALL TRUSTEE 1.00 1.00 X 0 0 0 JAKE BURTON CARPENTER TRUSTEE 1.00 X 0 0 0 JAMES RIEPE TRUSTEE 1.00 X 0 0 0 JEANNE JACKSON TRUSTEE 1.00 X 0 0 0 JOHN GARNSEY TRUSTEE 1.00 X 0 0 0 JOHN BUCKSBAUM TRUSTEE 1.00 3.00 X 0 0 0 JOHN CUMMING TRUSTEE 1.00 X 0 0 0 JOHN L KEMMERER III TRUSTEE 1.00 X 0 0 0 JOHN TOWNSEND III TRUSTEE 1.00 X 0 0 0 JOHN UNDERWOOD TRUSTEE 1.00 X 0 0 0 JONNY MOSELEY TRUSTEE 1.00 X 0 0 0 JULIE SILCOCK TRUSTEE 1.00 X 0 0 0 KEVIN ARQUIT TRUSTEE 1.00 X 0 0 0 SYDNEY MCNIFF JOHNSON TRUSTEE 1.00 X 0 0 0 KIRK KELLOGG TRUSTEE 1.00 X 0 0 0 LEE STYSLINGER III TRUSTEE 1.00 X 0 0 0 LIZ ARKY TRUSTEE 1.00 0.30 X 0 0 0 LYNN BLEIL TRUSTEE 1.00 X 0 0 0 MARK DOWLEY TRUSTEE 1.00 X 0 0 0 MARTHA HEAD TRUSTEE 1.00 X 0 0 0 MICHAEL C BROOKS TRUSTEE 1.00 X 0 0 0 MICHAEL CORBAT TRUSTEE 1.00 X 0 0 0 MIKE SHANNON TRUSTEE 1.00 X 0 0 0 P ANDREWS MCLANE TRUSTEE 1.00 0.30 X 0 0 0 PAUL RAETHER TRUSTEE 1.00 X 0 0 0 PHILLIP GROSS TRUSTEE 1.00 1.00 X 0 0 0 MIKE KAPLAN TRUSTEE 1.00 X 0 0 0 RICH TUTINO TRUSTEE 1.00 1.00 X 0 0 0 ROBERT BEATTIE TRUSTEE 1.00 X 0 0 0 ROBERT HATCHER TRUSTEE 1.00 X 0 0 0 ROBERT REYNOLDS TRUSTEE 1.00 X 0 0 0 RON KRUSZEWSKI TRUSTEE 1.00 X 0 0 0 ROSS POWERS TRUSTEE 1.00 X 0 0 0 RUSTY GREGORY TRUSTEE 1.00 X 0 0 0 SPENCER ECCLES TRUSTEE 1.00 X 0 0 0 STEVE STRANDBERG TRUSTEE 1.00 X 0 0 0 STEVEN READ TRUSTEE 1.00 X 0 0 0 THOMAS WEISEL TRUSTEE 1.00 X 0 0 0 TOM KARAM TRUSTEE 1.00 X 0 0 0 WALTER MCCORMACK TRUSTEE 1.00 X 0 0 0 WESLEY R EDENS TRUSTEE 1.00 X 0 0 0 LOUIS BACON TRUSTEE 1.00 X 0 0 0 KENNETH GRAHAM TRUSTEE 1.00 X 0 0 0 DANIEL OCH TRUSTEE 1.00 X 0 0 0 ROBERT F SMITH TRUSTEE 1.00 X 0 0 0 JEREMY BLOOM TRUSTEE 1.00 X 0 0 0 CHARLIE VIETH TRUSTEE 1.00 X 0 0 0 TIGER SHAW CEO 8.00 32.00 X 87548 350191 74944 BROOKE MCAFFEE CFO 8.00 32.00 X 48033 192132 0 TRISHA WORTHINGTON CHIEF DEVELOPMENT OFFICER 40.00 X 227823 0 9394 363404 542323 84338 2 0 1 0 CIPRIANI USA INC 110 EAST 42ND STREET NEW YORK NY 10017 NEW YORK SNOWBALL VENUE 126748 1 1995469 10503335 1761062 12498804 1190 1190 113 113 1762370 1761062 1308 1308 1308 2616181 1995469 2660653 -44472 -44472 12456943 1308 113 -43282 10270870 10270870 319804 319804 157041 157041 1063959 1063959 30034 30034 208023 26755 181268 16530 16530 113369 113369 72401 72401 81764 81764 5528 5528 STEADMAN SCULPTURE 240143 240143 FULFILLMENT 26840 26840 PRODUCTION 2215 2215 12608521 10830817 183796 1593908 1917934 1427693 2941670 2935763 481626 465013 65037 18121 182599 177755 9795 4844 5416062 4851434 148560 362885 3576997 2949622 3725557 3312507 X 1429572 1429572 260933 109355 1690505 1538927 5416062 4851434 -151578 0 X 0 1 X 1 0 X 6731171 8666752 11116669 12022796 12498804 51036192 6731171 8666752 11116669 12022796 12498804 51036192 4510447 46525745 6863 827 650 310 1190 9840 637 688 1250 486 113 3174 51049206 10007392 0.91140 0.91310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 182599 177755 4844 4844 X 15117596 0 15117596 -2660653 -2660653 12456943 15269174 0 15269174 -2660653 -2660653 12608521 PART X, LINE 2: THE FOUNDATION IS ORGANIZED AS A COLORADO NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE FOUNDATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE FOUNDATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. THE FOUNDATION HAS DETERMINED IT IS SUBJECT TO UNRELATED BUSINESS INCOME TAX BUT IS NOT REQUIRED TO FILE AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T), BECAUSE THE UNRELATED BUSINESS INCOME WAS LESS THAN THE REQUIREMENT FOR FILING FOR THE YEARS ENDING APRIL 30, 2017 AND 2016. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -2,660,653. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -2,660,653. X X X X X 1 AL AK AZ AR CA CT FL GA IL IN KS KY LA ME MD MA MI MN MS MO NH NJ NM NY OH OK OR PA RI TN UT VA WI NEW YORK BALL 1707602 1307930 399672 72888 106228 204536 85467 NEW ENGLAND BALL 395790 327040 68750 12000 88412 12963 31464 4 468991 360499 108492 6200 48686 11228 54093 2572383 1995469 576914 91088 243326 228727 171024 734165 -157251 1 UNITED STATES SKI TEAM INC PO BOX 100 PARK CITY UT 84060 840678334 N/A 9142043 ATHLETE DEVELOPMENT UTAH ATHLETIC FOUNDATION PO BOX 980337 PARK CITY UT 84098 841367913 501(C)(3) 378664 SUPPORT FOR REMODEL OF THE POOL AND JUMPS. UNITED STATES SKI & SNOWBOARD ASSOCIATION PO BOX 100 PARK CITY UT 84060 870480724 501(C)(3) 750163 $1,375,000 DEBT PAYOFF INITIATIVE AND $63,440 NORAM RACE SUPPORT 2 1 SCHOLARSHIP PROGRAM 64 319804 PART I, LINE 2: ALL GRANT FUNDS ARE ISSUED TO THE UNITED STATES SKI TEAM TO FUND ATHLETIC PROGRAMS AND SCHOLARSHIPS TO OUTSTANDING ATHLETES TO ASSIST WITH SCHOOL EXPENSES. ON A MONTHLY BASIS MANAGEMENT MONITORS BUDGETS AND SPENDING TO ENSURE THE FUNDS ARE BEING USED APPROPRIATELY. X 1 1 0 0 0 0 0 0 0 1 0 TIGER SHAW CEO 59438 237751 28110 112440 0 0 13110 52440 1879 7515 102537 410146 0 0 BROOKE MCAFFEE CFO 40033 160132 8000 32000 0 0 0 0 0 0 48033 192132 0 0 TRISHA WORTHINGTON CHIEF DEVELOPMENT OFFICER 195823 0 32000 0 0 0 0 0 9394 0 237217 0 0 0 PART I, LINE 3 ALL COMPENSATION IS PAID THROUGH A RELATED PARTY, THE UNITED STATES SKI AND SNOWBOARD ASSOCIATION (USSA). THE BOARD OF USSA APPOINTS A COMPENSATION COMMITTEE, COMPRISED SOLELY OF INDEPENDENT DIRECTORS, NONE OF WHICH HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT, TO BE ACCOUNTABLE FOR SETTING REASONABLE COMPENSATION PACKAGES FOR EACH OFFICER AND KEY EMPLOYEE. THE COMPENSATION COMMITTEE REVIEWS THE COMPENSATION EACH YEAR AND A COMPENSATION STUDY IS PERFORMED AS NEEDED. X 42 1761062 FMV AT DONATION DATE 0 1 0 FORM 990, PART VII, SECTION A: ALL COMPENSATION IS PAID THROUGH A RELATED PARTY, THE UNITED STATES SKI ASSOCIATION. THE TOTAL COMPENSATION IS THEN ALLOCATED TO THE VARIOUS ENTITIES BASED UPON THE PERCENT OF TIME THE OFFICERS SPEND ON EACH OF THE ENTITIES. FORM 990, PART VI, SECTION A, LINE 1 THE GOVERNING BODY HAS DELEGATED BROAD AUTHORITY TO THE EXECUTIVE COMMITTEE OF THE UNITED STATES SKI AND SNOWBOARD ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS HAS DELEGATED THE REVIEW OF THE FORM 990 TO THE CEO AND CFO OF THE UNITED STATES SKI AND SNOWBOARD ASSOCIATION (USSA). THE CFO AND CONTROLLER OF USSA WORK CLOSELY WITH THE OUTSIDE ACCOUNTING FIRM ENGAGED TO PREPARE THE RETURN WHICH INCLUDES THEIR REVIEW OF THE DRAFT FORM 990. THE AUDIT COMMITTEE OF THE BOARD REVIEWS THE FINALIZED DRAFTS PRIOR TO PROVIDING A FINAL COPY TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE UNITED STATES SKI AND SNOWBOARD ASSOCIATION EXECUTIVE COMMITTEE IS CHARGED WITH MONITORING PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND ADDRESSING ANY POTENTIAL OR ACTUAL CONFLICTS. PURSUANT TO THE CONFLICTS OF INTEREST POLICY, AN ANNUAL CONFLICT OF INTEREST QUESTIONAIRE, AIMED AT DETERMINING ANY FAMILY AND BUSINESS RELATIONSHIPS AND TRANSACTIONS OR OTHER TRANSACTIONS THAT MAY POSE A POTENTIAL CONFLICT, IS DISTRIBUTED TO ALL COVERED PERSONS. THE CONFLICT OF INTEREST POLICY IS REVIEWED AND SIGNED EACH YEAR BY ALL MEMBERS OF THE BOARD, MANAGEMENT AND EMPLOYEES. IF A CONFLICT DOES ARISE, THE INDIVIDUAL WITH THE CONFLICT WILL REFRAIN FROM THE DISCUSSION AND WILL NOT VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 ALL COMPENSATION IS PAID THROUGH A RELATED PARTY, THE UNITED STATES SKI AND SNOWBOARD ASSOCIATION (USSA). THE BOARD OF USSA APPOINTS A COMPENSATION COMMITTEE, COMPRISED SOLELY OF INDEPENDENT DIRECTORS, NONE OF WHICH HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT, TO BE ACCOUNTABLE FOR SETTING REASONABLE COMPENSATION PACKAGES FOR EACH OFFICER AND KEY EMPLOYEE. THE COMPENSATION COMMITTEE REVIEWS THE COMPENSATION EACH YEAR AND A COMPENSATION STUDY IS PERFORMED AS NEEDED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THESE DOCUMENTS ARE ALSO AVAILABLE FOR INSPECTION FROM THE ORGANIZATION'S WEBSITE. THE PUBLIC DOCUMENTS ARE ALSO AVAILABLE ON GUIDESTAR'S WEBSITE. UNITED STATES SKIING FOUNDATION PO BOX 100 PARK CITY UT 84060 840976802 SUPPORT ATHLETICS CO 501(C)(3) LINE 12A, I UNITED STATES SKI AND SNOWBOARD ASSOCIATION 0 UNITED STATES SKI AND SNOWBOARD ASSOCIATION PO BOX 100 PARK CITY UT 84060 870480724 SUPPORT ATHLETICS UT 501(C)(3) LINE 10 UNITED STATES SKI AND SNOWBOARD ASSOCIATION 0 USSA INVESTMENT FUND PO BOX 100 PARK CITY UT 84060 203899237 SUPPORT ATHLETICS UT 501(C)(3) LINE 12B, II UNITED STATES SKI AND SNOWBOARD ASSOCIATION 0 CENTER OF EXCELLENCE PROPERTIES FUND PO BOX 100 PARK CITY UT 84060 261302567 SUPPORT ATHLETICS UT 501(C)(3) LINE 12A, I UNITED STATES SKI AND SNOWBOARD ASSOCIATION 0 UNITED STATES SKI TEAM INC PO BOX 100 PARK CITY UT 84060 840678334 SUPPORT ATHLETICS CO N/A C 0 USSA ENTERPRISES INC PO BOX 100 PARK CITY UT 84060 840676412 SUPPORT COACHES UT N/A C 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0