2016-09-12T16:28:54-05:00 2016-04-30 450250958 EIDE BAILLY LLP 5929 S FASHION POINTE DR STE 300 OGDEN UT 84403 990 2015-05-01 846030639 UNITED STATES SKI TEAM FOUNDATION UNIT 4356499090 PO BOX 100 PARK CITY UT 84060 BROOKE MCAFFEE CFO 4356499090 2016-09-09 1 ERIC C JOHNSON CPA P00243603 8016211575 2015 2017-02-10 21:41:12Z UNITED STATES SKI AND SNOWBOARD TEAM FOUNDATION TIGER SHAW PO BOX 100 PARK CITY UT 84060 15269888 0 X WWW.USSKITEAM.COM X 1973 CO BENEFIT AND SUPPORT AMATEUR SKIING AND SNOWBOARDING, INCLUDING COACHING AND TRAINING ATHLETES. 73 73 0 150 486 0 11116669 12022796 0 0 -10222 1001 -985542 -395808 10120905 11627989 8677104 9867106 0 0 1208480 1366327 0 0 1512840 317559 323300 10203143 11556733 -82238 71256 4906633 5416062 3286240 3725557 1620393 1690505 X OPERATES FOR THE BENEFIT AND SUPPORT OF AMATEUR SKIING AND SNOWBOARDING, INCLUDING COACHING AND TRAINING ATHLETES IN THESE SPORTS. 0 0 9590984 9590984 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. 276122 276122 SCHOLARSHIP PROGRAM - A RESTRICTED DONATION WAS USED TO ESTABLISH A SCHOLARSHIP FUND FOR ATHLETES. DURING THE PAST YEAR 90 SCHOLARSHIPS WERE AWARDED. 9867106 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 17 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 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 1.00 X 0 0 0 CINDY NELSON TRUSTEE 1.00 X 0 0 0 CRAIG SLATER 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 GARY BLACK JR TRUSTEE 1.00 X 0 0 0 GEOFF YANG TRUSTEE 1.00 X 0 0 0 HANK TAUBER TRUSTEE 1.00 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 0.30 X 0 0 0 JOHN BLOOMBERG TRUSTEE 1.00 X 0 0 0 JOHN BUCKSBAUM TRUSTEE 1.00 3.30 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 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 KEVIN CONNORS 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 1.00 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 1.30 X 0 0 0 PAUL RAETHER TRUSTEE 1.00 X 0 0 0 PHILLIP GROSS TRUSTEE 1.00 1.30 X 0 0 0 RANDY MACDONALD TRUSTEE 1.00 X 0 0 0 RICH TUTINO TRUSTEE 1.00 1.30 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 BRIAN SIMMONS 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 TIGER SHAW CEO 8.00 32.00 X 90053 360212 73771 BROOKE MCAFFEE CFO 8.00 32.00 X 38739 154955 0 TRISHA WORTHINGTON CHIEF DEVELOPMENT OFFICER 40.00 X 230844 0 8221 MARK LAMPE FORMER CFO 8.00 32.00 X 86375 345496 456 446011 860663 82448 3 1 1 0 WHITELEAF ENTERTAINMENT GROUP LLC 95 KATONAH AVE KATONAH NY 10536 NEW YORK SKI AND SNOWBOARD BALL PRODUCTI 184150 1 2278469 9744327 1355040 12022796 310 310 486 486 1342413 1341722 691 691 691 1903883 2278469 2300177 -396294 -396294 11627989 691 486 -395984 9590984 9590984 276122 276122 152484 152484 1015932 1015932 11689 11689 186222 24303 161919 18623 18623 97814 97814 46588 46588 128215 128215 5334 5334 FULFILLMENT 24299 24299 PRODUCTION 2427 2427 11556733 9867106 176787 1512840 1218356 1917934 2760000 2941670 908601 481626 10612 65037 182021 172226 9064 9795 4906633 5416062 639203 148560 2647037 3576997 3286240 3725557 X 1429572 1429572 190821 260933 1620393 1690505 4906633 5416062 71256 -1144 0 X 0 1 X 1 0 X 7030764 6731171 8666752 11116669 12022796 45568152 7030764 6731171 8666752 11116669 12022796 45568152 3937272 41630880 10114 6863 827 650 310 18764 1470 637 688 1250 486 4531 45591447 7391211 0.91310 0.93200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 182021 172226 9795 9795 X 13927022 -1144 -1144 13928166 -2300177 -2300177 11627989 13856910 0 13856910 -2300177 -2300177 11556733 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, 2016 AND 2015. 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 -2,300,177. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -2,300,177. 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 1448300 1131450 316850 102201 117050 205310 81764 NEW ENGLAND BALL 458335 389585 68750 11175 69781 29841 32787 4 827434 757434 70000 23849 86785 49506 69359 2734069 2278469 455600 137225 273616 284657 183910 879408 -423808 1 UNITED STATES SKI TEAM INC PO BOX 100 PARK CITY UT 84060 840678334 N/A 7506744 ATHLETE DEVELOPMENT UTAH ATHLETIC FOUNDATION PO BOX 980337 PARK CITY UT 84098 841367913 501(C)(3) 394800 SUPPORT FOR REMODEL OF THE POOL AND JUMPS. FRANCONIA SKI CLUB PO BOX 462 FRANCONIA NH 03580 020365446 501(C)(3) 251000 SUPPORT FOR RACE AND TRAINING VENUE IMPROVEMENTS UNITED STATES SKI & SNOWBOARD ASSOCIATION PO BOX 100 PARK CITY UT 84060 870480724 501(C)(3) 1438440 $1,375,000 DEBT PAYOFF INITIATIVE AND $63,440 NORAM RACE SUPPORT 3 1 SCHOLARSHIP PROGRAM 90 276122 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 1 0 0 0 0 0 0 1 0 TIGER SHAW CEO 60053 240212 30000 120000 0 0 13110 52440 1644 6577 104807 419229 0 0 BROOKE MCAFFEE CFO 36739 146955 2000 8000 0 0 0 0 0 0 38739 154955 0 0 TRISHA WORTHINGTON CHIEF DEVELOPMENT OFFICER 198844 0 32000 0 0 0 0 0 8221 0 239065 0 0 0 MARK LAMPE FORMER CFO 8057 32225 45856 183425 32462 129846 0 0 91 365 86466 345861 0 0 PART I, LINE 3 A RELATED ORGANIZATION LEADS THIS PROCESS AND THIS ORGANIZATION IS ALLOCATED A PORTION OF THEIR WAGE BASED UPON THE AMOUNT OF TIME SPENT RELATED TO THIS ORGANIZATION. PART I, LINE 4A MARK LAMPE - $162,308 PART I, LINE 7 A BONUS IS PROVIDED TO THE OFFICERS OF THE ORGANIZATION DEPENDENT UPON GOALS BEING MET. X 47 1355040 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 11 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 PRIOR TO PROVIDING A FINAL COPY TO THE BOARD OF DIRECTORS BEFORE FILING OF THE TAX RETURN. 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 11A, 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 9 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 11B, 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 11A, 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