2015-09-15T17:11:34-05:00 2015-04-30 450250958 EIDE BAILLY LLP 5929 S FASHION POINTE DR STE 300 OGDEN UT 84403 990 2014-05-01 846030639 UNITED STATES SKI TEAM FOUNDATION UNIT 4356499090 PO BOX 100 PARK CITY UT 84060 BROOKE MCAFFEE CFO 4356499090 2015-09-15 1 ERIC C JOHNSON CPA P00243603 8016211575 2014 2016-02-25 16:41:14Z UNITED STATES SKI AND SNOWBOARD TEAM FOUNDATION TIGER SHAW PO BOX 100 PARK CITY UT 84060 15333696 0 X WWW.USSKITEAM.COM X 1973 CO BENEFIT AND SUPPORT AMATEUR SKIING AND SNOWBOARDING, INCLUDING COACHING AND TRAINING ATHLETES. 76 76 0 136 1250 0 8666752 11116669 0 0 7431 -10222 -494707 -985542 8179476 10120905 6891377 8677104 0 0 860254 1208480 0 0 1300369 514698 317559 8266329 10203143 -86853 -82238 3288965 4906633 1585869 3286240 1703096 1620393 X OPERATES FOR THE BENEFIT AND SUPPORT OF AMATEUR SKIING AND SNOWBOARDING, INCLUDING COACHING AND TRAINING ATHLETES IN THESE SPORTS. 0 0 8432166 8432166 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. 244938 244938 SCHOLARSHIP PROGRAM - A RESTRICTED DONATION WAS USED TO ESTABLISH A SCHOLARSHIP FUND FOR ATHLETES. DURING THE PAST YEAR 64 SCHOLARSHIPS WERE AWARDED. 8677104 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 14 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 X 76 76 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 X 0 0 0 ERIC RESNICK VICE PRESIDENT 1.00 0.30 X X 0 0 0 KIPP NELSON TREASURER 1.00 0.30 X X 0 0 0 JIM BENEDICT SECRETARY 1.00 X X 0 0 0 BILL BINDLEY II TRUSTEE 1.00 X 0 0 0 RUSTY GREGORY TRUSTEE 1.00 X 0 0 0 JOHN BLOOMBERG TRUSTEE 1.00 X 0 0 0 PHILLIP GROSS TRUSTEE 1.00 1.00 X 0 0 0 FREDRIC HARMAN TRUSTEE 1.00 X 0 0 0 ROBERT HATCHER TRUSTEE 1.00 X 0 0 0 ROBERT BEATTIE TRUSTEE 1.00 X 0 0 0 JULIE SILCOCK TRUSTEE 1.00 X 0 0 0 SPENCER ECCLES TRUSTEE 1.00 X 0 0 0 CINDY NELSON TRUSTEE 1.00 X 0 0 0 J TAYLOR CRANDALL TRUSTEE 1.00 1.00 X 0 0 0 RICHARD J STEADMAN TRUSTEE 1.00 X 0 0 0 HANK TAUBER TRUSTEE 1.00 1.30 X 0 0 0 PAUL RAETHER TRUSTEE 1.00 X 0 0 0 WESLEY R EDENS TRUSTEE 1.00 X 0 0 0 THOMAS WEISEL TRUSTEE 1.00 X 0 0 0 JOHN CUMMING TRUSTEE 1.00 X 0 0 0 GARY BLACK JR TRUSTEE 1.00 X 0 0 0 ERIK BORGEN TRUSTEE 1.00 X 0 0 0 MICHAEL C BROOKS TRUSTEE 1.00 X 0 0 0 JOHN BUCKSBAUM TRUSTEE 1.00 3.30 X 0 0 0 DAVE SAUNDERS TRUSTEE 1.00 X 0 0 0 MARTHA HEAD TRUSTEE 1.00 X 0 0 0 JOHN L KEMMERER III TRUSTEE 1.00 X 0 0 0 P ANDREWS MCLANE TRUSTEE 1.00 0.30 X 0 0 0 DEXTER PAINE III TRUSTEE 1.00 3.30 X 0 0 0 HARRY FRAMPTON III TRUSTEE 1.00 X 0 0 0 DOUGLAS MACKENZIE TRUSTEE 1.00 X 0 0 0 JOHN TOWNSEND III TRUSTEE 1.00 X 0 0 0 BARRY MACLEAN TRUSTEE 1.00 X 0 0 0 DENNIS KELLER TRUSTEE 1.00 X 0 0 0 ANDREW CADER TRUSTEE 1.00 X 0 0 0 MARK DOWLEY TRUSTEE 1.00 X 0 0 0 KEVIN ARQUIT TRUSTEE 1.00 X 0 0 0 JEANNE JACKSON TRUSTEE 1.00 0.30 X 0 0 0 JAMES RIEPE TRUSTEE 1.00 X 0 0 0 DAVID HENLE TRUSTEE 1.00 X 0 0 0 BILL SHIEBLER TRUSTEE 1.00 X 0 0 0 GEOFF YANG TRUSTEE 1.00 X 0 0 0 BOB HOFF TRUSTEE 1.00 X 0 0 0 WALTER MCCORMACK TRUSTEE 1.00 X 0 0 0 HANK HOLLAND TRUSTEE 1.00 X 0 0 0 DAVE MORIN TRUSTEE 1.00 X 0 0 0 STEVEN READ TRUSTEE 1.00 X 0 0 0 ROBERT REYNOLDS TRUSTEE 1.00 X 0 0 0 MIKE SHANNON TRUSTEE 1.00 X 0 0 0 STEVE STRANDBERG TRUSTEE 1.00 X 0 0 0 LEE STYSLINGER III TRUSTEE 1.00 X 0 0 0 KEVIN CONNORS TRUSTEE 1.00 X 0 0 0 ANDREW DAVIS TRUSTEE 1.00 X 0 0 0 TOM KARAM TRUSTEE 1.00 X 0 0 0 ALICE RUTH TRUSTEE 1.00 X 0 0 0 RON KRUSZEWSKI TRUSTEE 1.00 X 0 0 0 ARMINS RUSIS TRUSTEE 1.00 X 0 0 0 MICHAEL CORBAT TRUSTEE 1.00 X 0 0 0 JOHN GARNSEY TRUSTEE 1.00 X 0 0 0 KIRK KELLOGG TRUSTEE 1.00 X 0 0 0 RANDY MACDONALD TRUSTEE 1.00 X 0 0 0 DR MARC PHILIPPON TRUSTEE 1.00 X 0 0 0 JOHN UNDERWOOD TRUSTEE 1.00 X 0 0 0 LIZ ARKY TRUSTEE 1.00 X 0 0 0 AUSTIN BEUTNER TRUSTEE 1.00 X 0 0 0 LYNN BLEIL TRUSTEE 1.00 X 0 0 0 BRIAN LEACH TRUSTEE 1.00 X 0 0 0 DAN LEEVER TRUSTEE 1.00 X 0 0 0 CRAIG SLATER TRUSTEE 1.00 X 0 0 0 RICH TUTINO TRUSTEE 1.00 1.00 X 0 0 0 EDITH THYS MORGAN TRUSTEE 1.00 X 0 0 0 JONNY MOSELEY TRUSTEE 1.00 X 0 0 0 ROSS POWERS TRUSTEE 1.00 X 0 0 0 DANIELLE VIRTUE TRUSTEE 1.00 X 0 0 0 JAKE BURTON CARPENTER TRUSTEE 1.00 X 0 0 0 TIGER SHAW CEO 8.00 32.00 X 68796 275183 7909 TRISHA WORTHINGTON VICE PRESIDENT 40.00 X 136744 0 4640 MARK LAMPE CFO 8.00 32.00 X 67422 269687 2632 WILLIAM MAROLT CEO 8.00 32.00 X 460853 1843412 8296 RUTH MORRIS VICE PRESIDENT 40.00 X 121305 0 0 855120 2388282 23477 3 1 1 0 WHITELEAF ENTERTAINMENT GROUP LLC 95 KATONAH AVE KATONAH NY 10536 PRODUCTION OF THE NEW YORK SKI BALL 179250 1 1973471 9143198 1606775 11116669 650 650 1250 1250 1595903 1606775 -10872 -10872 -10872 2619224 1973471 3606016 -986792 -986792 10120905 -10872 1250 -986142 8432166 8432166 244938 244938 194099 194099 834113 834113 13026 13026 167242 31571 135671 38936 38936 62872 62872 42468 42468 120448 120448 2452 2452 FULFILLMENT 39993 39993 PRODUCTION 10390 10390 10203143 8677104 225670 1300369 1543285 1218356 1270700 2760000 431661 908601 42131 10612 175956 166892 1188 9064 3288965 4906633 950444 639203 635425 2647037 1585869 3286240 X 1429572 1429572 273524 190821 1703096 1620393 3288965 4906633 -82238 -465 0 X 0 1 X 1 0 X 9365954 7030764 6731171 8666752 11116669 42911310 9365954 7030764 6731171 8666752 11116669 42911310 2886313 40024997 6963 10114 6863 827 650 25417 2594 1470 637 688 1250 6639 42943366 5487328 0.93200 0.96370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 175956 166892 9064 9064 X 13726456 -465 -465 13726921 -3606016 -3606016 10120905 13809159 0 13809159 -3606016 -3606016 10203143 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 AND IS REQUIRED TO FILE AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T), BECAUSE THE UNRELATED BUSINESS INCOME WAS MORE THAN THE REQUIREMENT FOR FILING FOR THE YEAR ENDING APRIL 30, 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. THE FOUNDATION'S FORMS 990, 990-T AND OTHER INCOME TAX FILINGS REQUIRED BY STATE, LOCAL, OR NON-U.S. TAX AUTHORITIES ARE NO LONGER SUBJECT TO TAX EXAMINATION FOR YEARS BEFORE 2011. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -3,606,016. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -3,606,016. 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 1308930 1020046 288884 60000 155030 193250 120103 NEW ENGLAND BALL 383250 290065 93185 12372 58918 22705 30426 5 896140 663360 232780 17500 149158 53097 119799 2588320 1973471 614849 89872 363106 269052 270328 992358 -377509 1 UNITED STATES SKI TEAM INC PO BOX 100 PARK CITY UT 84060 840678334 N/A 7710677 ATHLETE DEVELOPMENT UTAH OLYMPIC LEGACY FOUNDATION 3415 OLYMPIC PKWY PARK CITY UT 84098 841367913 501(C)(3) 121489 SUPPORT FOR REMODEL OF THE POOL AND JUMPS. FRANCONIA SKI CLUB PO BOX 462 FRANCONIA NH 03580 020365446 501(C)(3) 600000 SUPPORT FOR RACE AND TRAINING VENUE IMPROVEMENTS 2 1 SCHOLARSHIP PROGRAM 64 244938 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. 0 0 0 0 0 0 0 1 0 TIGER SHAW CEO 58796 235183 10000 40000 0 0 0 0 1582 6327 70378 281510 0 0 MARK LAMPE CFO 42422 169687 25000 100000 0 0 0 0 526 2106 67948 271793 0 0 WILLIAM MAROLT CEO 48150 192599 75572 302288 337131 1348525 0 0 1659 6637 462512 1850049 337131 1348525 RUTH MORRIS VICE PRESIDENT 96305 0 25000 0 0 0 0 0 0 0 121305 0 0 0 PART I, LINE 3 RELIED UPON UNITED STATES SKI ASSOCIATION, A RELATED ORGANIZATION, TO ESTABLISH COMPENSATION. PART I, LINE 7 A BONUS IS PROVIDED TO THE OFFICERS OF THE ORGANIZATION DEPENDENT UPON GOALS BEING MET. FORM 990, SCHEDULE J, PART II COLUMN (B)(III) OTHER REPORTABLE COMPENSATION THE FORMER CEO RETIRED DURING THE YEAR AND RECEIVED DEFERRED COMPENSATION OVER 18 YEARS OF SERVICE. X 41 1606775 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