2015-11-16T15:23:00-06:00 2014-12-31 410746749 CLIFTONLARSONALLEN LLP 9365 COUNSELORS ROW STE 200 INDIANAPOLIS IN 46240 990 2014-01-01 351475847 USA TRACK & FIELD INC USAT 3177134681 132 EAST WASHINGTON STREET NO 800 INDIANAPOLIS IN 46204 MAX SIEGEL CEO 3172610500 2015-11-16 1 RT MURPHY P00843752 3175749100 2014 2016-03-07 17:11:31Z MAX SIEGEL 132 EAST WASHINGTON STREET NO 800 INDIANAPOLIS IN 46204 28859725 0 5062 X WWW.USATF.ORG X 1979 IN USA TRACK & FIELD DRIVES COMPETITIVE EXCELLENCE AND POPULAR ENGAGEMENT IN THE SPORT OF TRACK AND FIELD, LONG DISTANCE RUNNING AND RACE WALKING. ACTIVITIES INCLUDE PROVIDING SUPPORT PROGRAMS AND COMPETITIVE OPPORTUNITIES FOR ELITE AND EMERGING ELITE ATHLETES AND EDUCATION AND PARTICIPATION OPPORTUNITIES FOR ALL AMERICANS, FROM YOUTH TO MASTERS. 15 15 94 1000 -203595 -203595 210451 2517978 17247593 19723572 7136 408390 190769 -251337 17655949 22398603 369521 594726 0 0 5143939 5855726 0 0 0 12984280 16366764 18497740 22817216 -841791 -418613 9322338 20034818 4999545 16448902 4322793 3585916 X USA TRACK & FIELD DRIVES COMPETITIVE EXCELLENCE AND POPULAR ENGAGEMENT IN THE SPORT OF TRACK AND FIELD, LONG DISTANCE RUNNING AND RACE WALKING. THE MISSION OF USA TRACK & FIELD IS TO FOSTER SUSTAINED COMPETITIVE EXCELLENCE IN ELITE ATHLETES REPRESENTING THE UNITED STATES IN INTERNATIONAL COMPETITION, AND INTEREST AND PARTICIPATION IN THE SPORT IN THE UNITED STATES FOR ALL AGES. 0 0 8244004 0 914283 ELITE ATHLETE COMPETITIONS: PROVIDE DOMESTIC AND INTERNATIONAL COMPETITIVE OPPORTUNITIES FOR AMERICAN ELITE TRACK AND FIELD ATHLETES. STAGE MORE THAN 100 NATIONAL CHAMPIONSHIPS ACROSS ALL DISCIPLINES OF OUR SPORT IN THE UNITED STATES. STAGE 5-10 DOMESTIC NON-CHAMPIONSHIP ELITE TRACK AND FIELD COMPETITIONS. FIELD ELITE TEAMS TO REPRESENT THE UNITED STATES IN APPROXIMATELY 20 INTERNATIONAL COMPETITIONS, INCLUDING WORLD CHAMPIONSHIP AND OLYMPIC EVENTS. PROVIDE COMPETITIVE OPPORTUNITIES AND RELATED TRAVEL AND HOUSING TO APPROXIMATELY 350 ELITE TRACK AND FIELD ATHLETES. THE OBJECTIVE OF COMPETITIVE OPPORTUNITIES IS TO PROVIDE COMPETITIVE TRAINING FOR OUR ATHLETES AND INCREASE THE VISIBILITY FOR THE SPORT TO THE GENERAL PUBLIC. FULFILLS ALL FIVE OF USATF'S STATED PURPOSES AS STATED IN THE BYLAWS: DEVELOPMENT, MANAGEMENT, PERFORMANCE, MARKETING AND DIVERSITY. 4501296 594726 2915159 ATHLETE SUPPORT AND DEVELOPMENT: PROVIDES DEVELOPMENTAL SUPPORT TO MORE THAN 700 DEVELOPING AND EMERGING ELITE ATHLETES THROUGH A VARIETY OF PROGRAMS: DEVELOPMENTAL COMPETITIVE OPPORTUNITIES AT APPROXIMATELY 10 EVENTS; DIRECT SUPPORT TO 95 COACHES COACHING 200 OF THE MOST ELITE ATHLETES; COACHING EDUCATION PROGRAMS FOR ALL DISCIPLINES ONLINE AND AT NEARLY 50 IN-PERSON SESSIONS REACHING HUNDREDS OF COACHES; SPORT SCIENCE AND MEDICINE STUDIES CONDUCTED AND SHARED THROUGHOUT THE TRACK AND FIELD COMMUNITY; ANTI-DOPING EDUCATION AND TESTING SUPPORT FOR ATHLETES; AND ANTI-DOPING AND HEALTHY LIFESTYLE COMMUNITY OUTREACH REACHING TENS OF THOUSANDS OF CHILDREN IN THEIR SCHOOLS. THE OBJECTIVE OF THESE PROGRAMS IS TO CONTINUALLY IDENTIFY, EDUCATE AND DEVELOP ATHLETES FROM YOUTH THROUGH THEIR GROWTH AND DEVELOPMENT TO ELITE OR RECREATIONAL ATHLETES. FULFILLS ALL FIVE OF USATF'S STATED PURPOSES AS STATED IN THE BYLAWS: DEVELOPMENT, MANAGEMENT, PERFORMANCE, MARKETING AND DIVERSITY. 3222304 0 3143290 GRASS ROOTS AND MEMBER-BASED PROGRAMS: USATF HAS MORE THAN 125,000 MEMBERS SERVED THROUGH A VARIETY OF PROGRAMS. MEMBERSHIP FULFILLMENT INCLUDES SPORT ACCIDENT INSURANCE, MEMBERSHIP PUBLICATIONS, MEMBERSHIP CARDS, RETAILER DISCOUNTS AND OTHER BENEFITS. OUR SANCTION PROGRAM PROVIDES LIABILITY INSURANCE TO OVER 9,500 EVENTS WITH MORE THAN 7,000,000 PARTICIPANTS OF ALL AGES AND ABILITIES. OUR ANNUAL MEETING PROVIDES MEMBERSHIP AN OPPORTUNITY TO STRATEGIZE FOR THE CONTINUED SUCCESS OF THE SPORT, PLAN OUR VOLUNTEER-BASED PROGRAMS AND VOTE ON CERTAIN ORGANIZATIONAL CHANGES. GRASS ROOTS PROGRAMS INCLUDE SUPPORT OF TRAINING AND COMPETITION FOR THOUSANDS OF YOUTH THROUGH OUR JUNIOR OLYMPIC AND YOUTH ATHLETICS TRACK AND FIELD MEET SERIES. GRASS ROOTS ALSO ENCOMPASSES SUPPORT FOR TRAINING, DEVELOPMENT, MARKETING AND COMPETITIVE OPPORTUNITIES FOR ADULTS OF ALL AGES AND ABILITIES THROUGH OUR LONG DISTANCE RUNNING AND MASTERS PROGRAMS. FULFILLS ALL FIVE OF USATF'S STATED PURPOSES AS STATED IN THE BYLAWS: DEVELOPMENT, MANAGEMENT, PERFORMANCE, MARKETING AND DIVERSITY. 2924218 0 12483145 PROGRAM SUPPORT 2924218 0 12483145 18891822 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 485 0 1 94 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 IN X X SARA REESE 3172610500 132 EAST WASHINGTON STREET SUITE INDIANAPOLIS IN 46204 STEPHANIE HIGHTOWER PRESIDENT AND VICE CHAIRMAN 5.00 X X 0 0 0 STEVE MILLER CHAIRMAN 5.00 X X 0 0 0 KENNETH TAYLOR TREASURER 5.00 X X 0 0 0 ARTHUR MICKEY CARTER BOARD MEMBER 5.00 X 0 0 0 CURT CLAUSEN BOARD MEMBER 5.00 X 0 0 0 DR EVIE DENNIS BOARD MEMBER 5.00 X 0 0 0 FRED FINKE BOARD MEMBER 5.00 X 0 0 0 HYLEAS FOUNTAIN BOARD MEMBER 5.00 X 0 0 0 SAM GERMANY BOARD MEMBER 5.00 X 0 0 0 ROBERT HERSH BOARD MEMBER 5.00 X 0 0 0 JACKIE JOYNER-KERSEE BOARD MEMBER 5.00 X 0 0 0 BECKY OAKES BOARD MEMBER 5.00 X 0 0 0 DARVIS PATTON BOARD MEMBER 5.00 X 0 0 0 WILLIAM SHELTON BOARD MEMBER 5.00 X 0 0 0 EVE WRIGHT BOARD MEMBER 5.00 X 0 0 0 MAX SIEGEL CHIEF EXECUTIVE OFFICER 40.00 X 1038823 0 52968 HOPE TRIBBLE CHIEF FINANCIAL OFFICER - PARTIAL YEAR 40.00 X 76660 0 7835 DARLENE HICKMAN SECRETARY (NON-VOTING) 5.00 X 0 0 0 RENEE WASHINGTON CHIEF OPERATING OFFICER 40.00 X 271238 0 29389 JILL GEER CHIEF PUBLIC AFFAIRS OFFICER 40.00 X 171217 0 40470 NORMAN WAIN GENERAL COUNSEL/CHIEF OF BUS. AFFAIRS 40.00 X 171411 0 44667 JEREMY FISCHER DIRECTOR OF OPERATIONS, OLYMPIC TRAINING CENTER 40.00 X 106291 0 11108 PETER MAHONEY MANAGING DIRECTOR OF SPORT PERFORMANCE 40.00 X 133153 0 18957 MAC WILKINS COACH, OLYMPIC TRAINING CENTER 40.00 X 118578 0 10561 TOM JACKOVIC EXECUTIVE DIRECTOR, USA TRACK & FIELD FOUNDATION 40.00 X 130419 0 18577 ROBERT POOLE FORMER HEAD COACH, OLYMPIC TRAINING CENTER 40.00 X 158145 0 7143 2375935 0 241675 9 0 1 0 CARR HUGHES PRODUCTIONS 393 CHURCH ST SARATOGA SPRINGS NY 12866 TV PRODUCTION SERVICES 1619072 ESIX 3 LLC 2727 PACES FERRY RD BLDG 2 STE 15 ATLANTA GA 30339 RISK MANAGEMENT CONSULTANT/BROKER 563705 BEVILACQUA HELFANT VENTURES ONE GRAND CENTRAL PLACE 60 E 42ND NEW YORK NY 10165 MEDIA & COMMERICAL RIGHTS ADVISORY SERVI 504594 GLOBAL ATHLETICS & MARKETING 437 BOYLSTON ST FLOOR 4 BOSTON MA 02116 EVENT MANAGEMENT SERVICES 423678 ANTHEM BLUE CROSS BLUE SHIELD PO BOX 105113 ATLANTA GA 30348 INSURANCE PROVIDER 339466 5 2517978 2493772 2517978 MARKETING PARTNER SUPP 813990 12750781 12750781 UNITED STATES OLYMPIC 813990 2915159 2915159 MEMBERSHIP FEES 813990 1611123 1611123 SANCTION FEES 524298 1444233 1444233 EVENT RIGHTS, ENTRIES, 711219 914283 914283 87993 87993 19723572 204181 204181 16111 16111 4974348 4815639 -45500 158709 45500 204209 204209 1219693 1690983 -471290 -267695 -203595 MISCELLANEOUS REVENUE 900099 203842 203842 203842 22398603 19455877 -203595 628343 264211 264211 330515 330515 1904679 1485649 419030 3188491 2540531 647960 216894 169178 47716 252300 196794 55506 293362 228822 64540 62684 62684 104234 104234 33566 33566 380746 380746 633961 633961 866154 455668 410486 343188 70281 272907 157161 157161 1121264 636962 484302 1652982 986812 666170 56787 56787 820794 762345 58449 EVENTS 3564789 3564789 TELEVISION 2596279 2596279 SPONSORSHIPS 1505952 1505952 ATHLETE REIMBURSEMENT 551774 551774 1914449 1467869 446580 22817216 18891822 3925394 0 1971374 420914 1738509 4574264 417541 357036 815090 685889 639378 1856623 599983 295909 208857 304074 3531589 8766418 3069600 9322338 20034818 2517225 2431948 2482320 14016954 4999545 16448902 X 4085575 3444622 237218 141294 4322793 3585916 9322338 20034818 -418613 -318264 0 X 0 1 X 1 0 X 4490342 4421406 4565589 4488721 7044260 25010318 14029418 13923869 16365952 12740897 16416983 73477119 163882 188510 263153 228426 204209 1048180 18683642 18533785 21194694 17458044 23665452 99535617 0 6494802 6501402 7108098 7173659 9533274 36811235 6494802 6501402 7108098 7173659 9533274 36811235 62724382 32213 47465 50850 89879 220292 440699 32213 47465 50850 89879 220292 440699 32235 32235 294045 98699 493125 402278 407684 1695831 19009900 18679949 21770904 17950201 24293428 101704382 0.61670 0.98170 0.00430 0.00320 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INTELLECTUAL PROPERTY LEGAL SETTLEMENT MISCELLAENEOUS REVENUE RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 114918 114918 0 79343 26279 53064 173578 74673 98905 232144 80039 152105 304074 HEDGE FUNDS 2708596 F OTHER SECURITIES 361004 F 3069600 X 35230537 -318264 70284 13126880 12878900 22351637 33566 13400 46966 22398603 24544917 70284 1690983 1761267 22783650 33566 33566 22817216 PART X, LINE 2: THE INTERNAL REVENUE SERVICE (IRS) HAS RULED THAT USATF QUALIFIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, NOT SUBJECT TO INCOME TAXATION UNDER PRESENT INCOME TAX LAWS. USATF IS SUBJECT TO TAX ON THE SALE OF MERCHANDISE WHICH IS CONSIDERED UNRELATED TO ITS TAX-EXEMPT PURPOSE. UNRELATED BUSINESS INCOME TAX EXPENSE TOTALED $0 FOR BOTH 2014 AND 2013. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY USATF AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF USATF HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY USATF, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE U.S. FEDERAL AND STATE INCOME TAX RETURNS OF USATF ARE SUBJECT TO EXAMINATION BY THE IRS AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. FILINGS FOR TAX RETURNS FILED FOR THE TAX YEARS AFTER 2010 ARE STILL SUBJECT TO EXAMINATION AS OF DECEMBER 31, 2014. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,690,983. TRANSFER OF SPONSORSHIP CASH RECEIVED 11,435,897. PART XI, LINE 4B - OTHER ADJUSTMENTS: TEMPORARILY RESTRICTED CONTRIBUTIONS 13,400. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,690,983. 0 GEORGIA TRACK CLUB 745 PEACHTREE ST NE SUITE 105 ATLANTA GA 30308 462264216 501(C)(3) 20000 N/A N/A HIGH PERFORMANCE GRANT BOOGIEFAST INC 113 SILVER RIDGE DR CENTRAL SC 29630 263686151 N/A 30000 N/A N/A HIGH PERFORMANCE GRANT SOUTH LAKE HOSPITAL INC 1935 DON WICKHAM DRIVE CLERMONT FL 34711 593322533 501(C)(3) 30000 N/A N/A HIGH PERFORMANCE GRANT STAR ATHLETICS TC INC 1243 SELBYDON WAY WINTER GARDEN FL 34787 462750880 N/A 30000 N/A N/A HIGH PERFORMANCE GRANT TOP OF THE PODIUM LLC PO BOX 1193 PARMAMOUNT CA 90723 274551135 501(C)(3) 30000 N/A N/A HIGH PERFORMANCE GRANT TRAINING GROUND ELITE 1737 WEST MEADOW TRAIL ROUND ROCK TX 78665 273071130 N/A 30000 N/A N/A HIGH PERFORMANCE GRANT 3 3 INTERNATIONAL COMPETITION GRANTS 93 189500 0 N/A N/A YOUTH TRAVEL GRANTS 57 44711 0 N/A N/A HIGH PERFORMANCE GRANT 1 30000 0 N/A N/A X 1 1 X X X X X X 1 0 0 0 0 0 0 0 0 MAX SIEGEL CHIEF EXECUTIVE OFFICER 513823 0 500000 0 25000 0 26000 0 26968 0 1091791 0 0 0 RENEE WASHINGTON CHIEF OPERATING OFFICER 221238 0 50000 0 0 0 22125 0 7264 0 300627 0 0 0 JILL GEER CHIEF PUBLIC AFFAIRS OFFICER 141217 0 30000 0 0 0 13649 0 26821 0 211687 0 0 0 NORMAN WAIN GENERAL COUNSEL/CHIEF OF BUS. AFFAIR 163911 0 7500 0 0 0 17768 0 26899 0 216078 0 0 0 PETER MAHONEY MANAGING DIRECTOR OF SPORT PERFORMAN 128153 0 5000 0 0 0 12957 0 6000 0 152110 0 0 0 ROBERT POOLE FORMER HEAD COACH, OLYMPIC TRAINING 92192 0 0 0 65953 0 5756 0 1387 0 165288 0 0 0 PART I, LINE 1A MAX SIEGEL - HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - NOT INCLUDED IN TAXABLE INCOME; THE DUES ARE PAID FOR BUSINESS PURPOSES PART I, LINE 4A ROBERT POOLE - SEVERANCE PAYMENT $43,026 X ATHLETIC GEAR AND EQUIP 5 2493772 DONOR COST BASIS 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B). FORM 990, PART VI, SECTION A, LINE 6 USA TRACK & FIELD HAS APPROXIMATELY 125,000 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT SHALL BE ELECTED FOR FOUR YEARS AT EACH ANNUAL MEETING OF USATF FOLLOWING THE SUMMER OLYMPIC GAMES. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS SHALL BE CONSIDERED BY USATF AS FOLLOWS: 1. BYLAWS AND OPERATING REGULATIONS: AMENDMENTS TO THE BYLAWS AND OPERATING REGULATIONS SHALL BE CONSIDERED AT THE ANNUAL MEETING OF USATF IN EVERY ODD-NUMBERED YEAR; 2. RULES OF COMPETITION: AMENDMENTS TO THE RULES OF COMPETITION SHALL BE CONSIDERED AT THE ANNUAL MEETING OF USATF IN EVERY EVEN-NUMBERED YEAR; 3. BYLAWS AND OPERATING REGULATIONS: AMENDMENTS TO THE BYLAWS AND OPERATING REGULATIONS SHALL REQUIRE FOR PASSAGE A TWO-THIRDS VOTE OF THOSE DELEGATES PRESENT AND VOTING; 4. COMPETITION RULES: AMENDMENTS TO THE RULES OF COMPETITION SHALL REQUIRE A MAJORITY VOTE OF DELEGATES PRESENT AND VOTING; 5. AMENDMENTS BY THE BOARD: THE BOARD MAY, AT ANY MEETING, AMEND THE BYLAWS OR OPERATING REGULATIONS BY A TWO-THIRDS VOTE OF ITS TOTAL MEMBERSHIP. THE BOARD SHALL SUBMIT ALL PROPOSED AMENDMENTS TO THE LAW & LEGISLATION COMMITTEE FOR A RECOMMENDATION BEFORE VOTING ON ADOPTION. AMENDMENTS PASSED BY THE BOARD SHALL REMAIN IN EFFECT UNTIL THE NEXT ANNUAL MEETING, WHERE THE MEMBERSHIP SHALL VOTE ON PERMANENT ADOPTION. FORM 990, PART VI, SECTION B, LINE 11 USA TRACK & FIELD'S FORM 990 IS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM. THE CHIEF EXECUTIVE OFFICER, CHIEF OPERATING OFFICER, TREASURER OF THE BOARD OF DIRECTORS, CHAIRMAN OF THE AUDIT COMMITTEE, LEGAL COUNSEL AND OTHER MEMBERS OF THE AUDIT COMMITTEE WITH THE REQUISITE EXPERTISE ARE GIVEN THE OPPORTUNITY TO REVIEW PRIOR TO FILING THE TAX RETURNS. A COPY OF FORM 990 IS THEN DISTRIBUTED DIRECTLY TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C USA TRACK & FIELD HAS A VOLUNTEER ETHICS COMMITTEE, A BOARD COUNSEL AND AN EMPLOYEE LIAISON (GENERAL COUNSEL) THAT COLLECTIVELY REQUEST ANNUAL REPORTING STATEMENTS AND MONITOR COMPLIANCE OF BOARD MEMBERS, STAFF AND OTHER KEY VOLUNTEERS. STATEMENTS ARE REVIEWED AND APPROPRIATE ACTION TAKEN AS OUTLINED IN THE USA TRACK & FIELD CODE OF ETHICS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR USA TRACK & FIELD'S CEO IS GOVERNED BY AN EMPLOYMENT CONTRACT, WHICH IS RECOMMENDED BY A COMPENSATION COMMITTEE, REVIEWED BY BOARD COUNSEL, AND APPROVED BY THE FULL BOARD OF DIRECTORS. THE RECOMMENDED CEO COMPENSATION IS BASED ON INDUSTRY BENCHMARKING COMMENSURATE WITH EXPERIENCE. COMPENSATION FOR ALL OTHER EMPLOYEES IS DETERMINED BY THE CEO BASED ON BENCHMARKING AGAINST THE LIKE ORGANIZATIONS, COMPENSATION STUDIES, PERFORMANCE REVIEWS, AND THE BOARD APPROVED SALARY BUDGET. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CODE OF ETHICS (INCLUDING CONFLICT OF INTEREST POLICY AND WHISTLEBLOWER POLICY) AND FINANCIAL STATEMENTS ARE AVAILABLE ON USA TRACK & FIELD'S WEBSITE AT WWW.USATF.ORG.