2012-11-14T18:11:29-06:00 2011-12-31 201766527 WAUGH & GOODWIN LLP 1365 GARDEN OF THE GODS SUITE 150 COLORADO SPRINGS CO 80907 990 2011-01-01 841284437 USA CYCLING INC USAC 7194344200 210 USA CYCLING POINT STE 100 COLORADO SPRINGS CO 80919 STEVE JOHNSON 7194344200 2012-11-14 1 JILL J GOODWIN P00450838 7195909777 2011 2016-02-24 21:20:13Z STEVE JOHNSON 210 USA CYCLING POINT STE 100 COLORADO SPRINGS CO 80919 12677092 0 X WWW.USACYCLING.ORG X 1994 CO USA CYCLING IS THE NATIONAL GOVERNING BODY FOR CYCLING, MAKING IT RESPONSIBLE FOR THE CONDUCT AND ADMINISTRATION OF CYCLING IN THE USA. THE MISSION OF USA CYCLING IS FOR U.S. RIDERS TO ACHIEVE SUSTAINED SUCCESS IN INTERNATIONAL CYCLING COMPETITION AND TO GROW COMPETITIVE CYCLING IN AMERICA. 19 18 54 120 23097 -22351 2379779 2551219 8344010 8760552 280245 204731 128118 102117 11132152 11618619 20739 32891 0 0 3602716 4044457 0 0 229233 6267811 6741186 9891266 10818534 1240886 800085 14545311 15401470 2087408 2275840 12457903 13125630 X USA CYCLING IS THE NATIONAL GOVERNING BODY FOR CYCLING, MAKING IT RESPONSIBLE FOR THE CONDUCT AND ADMINISTRATION OF CYCLING IN THE USA. THE MISSION OF USA CYCLING IS FOR U.S. RIDERS TO ACHIEVE SUSTAINED SUCCESS IN INTERNATIONAL CYCLING COMPETITION AND TO GROW COMPETITIVE CYCLING IN AMERICA. 0 0 3926079 16603 409786 COACHES, BIKE MECHANICS, TRAINING CENTER & ATHLETE DEVELOPMENT - NATIONAL ATHLETE DEVELOPMENT PROGRAMS SUPPORTING APPROXIMATELY 3,500 ATHLETE PARTICIPANT DAYS. APPROXIMATELY 1,700 TRAINED AND CERTIFIED COACHES AND RACE MECHANICS. 4311192 6300 7583962 MEMBERSHIP AND EVENT SANCTIONING - APPROXIMATELY 60,000 MEMBERS ARE PROVIDED INSURANCE, RESULTS AND RANKINGS AND RACING OPPORTUNITIES WHILE PARTICIPATING IN APPROXIMATELY 3,000 EVENTS. MEMBERS ARE ALSO PROVIDED WITH INFORMATION ABOUT CYCLING. 1315020 766804 NATIONAL AND INTERNATIONAL EVENTS - APPROXIMATELY 5,900 ATHLETES PARTICIPATED IN 16 NATIONAL CHAMPIONSHIPS AND APPROXIMATELY 3,000 ATHLETES PARTICIPATED IN INTERNATIONAL EVENTS. 9552291 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 1 1 1 1 0 0 0 0 1 0 0 0 0 1 243 0 1 54 1 1 1 0 0 0 0 0 0 0 0 0 X 19 18 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO X X THE CORPORATION 7194344200 210 USA CYCLING POINT SUITE 100 COLORADO SPRINGS CO 80919 X MARK ABRAMSON 3.00 X 0 0 0 BA ANDERSON 2.00 X 0 0 0 JOHN BUCKSBAUM 2.00 X 0 0 0 LISA NYE-SALLADIN 3.00 X 0 0 0 JEFF GARVEY 4.00 X 0 0 0 JEREMY HORGAN-KOBELSKI 3.00 X 0 0 0 JIM PATTON 4.00 X X 0 0 0 BILL PETERSON 4.00 X 0 0 0 ANTON QUIST 3.00 X 0 0 0 WAYNE STETINA 3.00 X 0 0 0 NICK REISTAD 2.00 X 0 0 0 DONNY ROBINSON 2.00 X 0 0 0 MICHAEL PATTERSON 2.00 X 0 0 0 DON EDBERG 2.00 X 0 0 0 BOB STAPELTON 2.00 X 0 0 0 STEVE JOHNSON 40.00 X X 244285 0 42818 MATT BARGER 4.00 X 0 0 0 DAVE MILLER 2.00 X 0 0 0 DAVID HELFRICH 2.00 X 0 0 0 SEAN PETTY 40.00 X 149891 0 41364 TODD SOWL 40.00 X 154447 0 44553 JIM MILLER 40.00 X 108073 0 35450 656696 0 164185 4 0 1 0 0 19325 1703611 828283 554293 2551219 MEMBERSHIP DUES 713990 4802747 4802747 SANCTIONING/ENTRY FEES 711210 3216918 3216918 CAMPS, CLINICS & OTHER 711300 740887 740887 8760552 134342 134342 79020 79020 1128862 1058473 70389 70389 70389 DOW HOSPITALITY 541800 8380 8380 BUCKSLIPS 541800 7500 7500 MAILING LABELS 541860 7217 7217 23097 11618619 8760552 23097 283751 22903 22903 9988 9988 677358 327545 282465 67348 2309354 2068710 228332 12312 836139 753677 78022 4440 221606 179549 36969 5088 36208 36208 10170 10170 48516 48516 1301494 1166406 35334 99754 41447 41256 154 37 49724 41178 7582 964 34672 22944 10317 1411 2327109 2165017 139931 22161 281733 246746 32867 2120 950890 910889 39986 15 LOCAL REBATES 451839 451839 MEDALS, AWARDS, & APPAR 345598 339421 5686 491 GEAR, EQUIPMENT, & SUPP 300180 294378 4959 843 POSTAGE, PRINTING, & PU 181191 172177 4944 4070 380415 337668 34568 8179 10818534 9552291 1037010 229233 11824 16701 3785147 4553775 71563 163082 212669 218423 96004 157528 6860624 1101477 5827576 5759147 2724994 2611859 1745342 1861557 70192 59398 14545311 15401470 1244678 1205320 842730 1070520 2087408 2275840 X 9122894 9987451 3318029 3121199 16980 16980 12457903 13125630 14545311 15401470 X 800085 -132358 X X 0 1 1 X 0 X 10522360 6882318 6517340 7072033 7353966 38348017 2470603 2544120 3487043 3651756 3957805 16111327 12992963 9426438 10004383 10723789 11311771 54459344 0 0 0 54459344 310996 251687 312990 398372 283751 1557796 310996 251687 312990 398372 283751 1557796 13303959 9678125 10317373 11122161 11595522 56017140 0.97220 0.97070 0.02780 0.02920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16980 76 76 16980 16980 170 170 16980 16980 368 368 16980 16980 569 569 16980 1.00000 0 0 649145 649145 5137268 494573 4642695 782053 475196 306857 292158 131708 160450 5759147 BOND MUTUAL FUNDS 1756094 F INVESTMENT DESIGNATED MONEY MARKET FUNDS 105463 F 1861557 11618619 10818534 800085 -132358 -132358 667727 11566261 -132358 80000 -52358 11618619 0 11618619 10898534 80000 80000 10818534 0 10818534 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE CORPORATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL INCOME TAX EXCEPT ON ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSE. THE CORPORATION IS NOT A PRIVATE FOUNDATION. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED FASB ASC 740, "INCOME TAXES", WHICH CLARIFIES THE ACCOUNTING AND RECOGNITION FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE CORPORATION'S INCOME TAX RETURNS. THE CORPORATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE CORPORATION'S OPEN AUDIT PERIODS ARE 2008 TO 2011. THE CORPORATION BELIEVES THAT ITS OPERATIONS HAVE BEEN CONDUCTED IN ACCORDANCE WITH ITS TAX-EXEMPT STATUS. 0 CENTRAL AMERICA/CARRIBEAN 0 0 PROGRAM SERVICESPROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 20000 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 60000 EUROPE 1 2 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 1702787 NORTH AMERICA 0 0 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 84739 SOUTH AMERICAN 0 0 PROGRAM SERVICES PROVIDING SUPPORT FOR ATHLETES TO RACE AND TRAIN IN THE REGION. 61649 1 2 0 0 1 2 1929175 0 1929175 CENTRAL AMERICA DONATED EQUIPMENT TO HELP ST. LUCIA BUILD A BMX TRACK 9988 START GATE, COMPRESSOR AND SOILTAC FMV 1 0 0 0 0 0 0 1 TRAVEL TRAINING GRANTS 31 16603 NCCA SCHOLARSHIPS 2 3800 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: BURKE FUND TRAVEL/TRAINING GRANTS: RECIPIENTS MUST SUBMIT AN APPLICATION IN ORDER TO DETERMINE THAT THE APPLICANT MEETS THE GRANT STANDARDS. EACH APPLICATION IS CROSS-CHECKED WITH THE DISCIPLINE MANAGER TO CONFIRM THAT THE APPLICANT IS IN GOOD STANDING WITH THE PROGRAM AND THERE IS NO REASON TO QUESTION OR DENY THE GRANT. GRANT FUNDS ARE NOT RELEASED UNTIL ATHLETES HAVE ACTUALLY ATTENDED THE CAMPS, UNLESS THE GRANT IS COVERING AN ACTUAL PORTION OF THE COST OF THE CAMP AND THEN THE GRANT IS TRANSFERRED INTERNALLY. NCCA SCHOLARSHIPS: RECIPIENTS ARE REQUIRED TO SUBMIT PROOF OF ENROLLEMENT, TRANSCRIPTS AND PROOF OF OTHER REQUIREMENTS. EACH APPLICANT IS SCREENED BY AN INTERNAL GROUP CONSISTING OF NO LESS THAN FOUR STAFF MEMBERS AND 1-2 ADDITIONAL OUTSIDE GUESTS. APPLICANTS ARE ALLOWED TO SPEND THEIR SCHOLARSHIP MONEY AS THEY SEE FIT FOR COST OF SCHOOL, TUITION & HOUSING, ETC. X X X 0 0 0 0 0 0 0 1 0 STEVE JOHNSON 214285 0 30000 0 0 0 24500 0 18318 0 287103 0 0 0 SEAN PETTY 139891 0 10000 0 0 0 15421 0 25943 0 191255 0 0 0 TODD SOWL 141447 0 13000 0 0 0 16122 0 28431 0 199000 0 0 0 PART I, LINE 7 PERFORMANCE BASED BONUSES. BA ANDERSON MR. ANDERSON IS MEMBER OF THE USA CYCLING BOARD OF DIRECTORS 10230 RACE ENTRY FEES WERE PAID TO A BUSINESS ENTITY IN WHICH MR. ANDERSON HAS A GREATER THAN 10% INTEREST. 0 X AIRLINE CERTIFICATES 2 355893 FMV X PERFORMANCE FOOD 1 3000 FMV X BICYCLE PARTS AND ACCESSERIES 10 72000 FMV X SIGNAGE 1 10000 FMV X SPORTS DRINKS 1 25000 FMV X TECHNICAL CLOTHING 3 88400 FMV 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE NUMBER IN COLUMN B REPORTED ABOVE EQUALS THE NUMBER OF ACTUAL CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 4 USA CYCLING REVISED ITS BYLAWS AND ARTICLES OF INCORPORATION SINCE FILING THE PRIOR FORM 990 IN ORDER TO GIVE BETTER REPRESENTATION TO ALL OF ITS STAKEHOLDERS AND TO ADD MORE INDEPENDENT DIRECTORS TO ITS BOARD. USA CYCLING ALSO ADDED ITS CEO/PRESIDENT AS A BOARD MEMBER. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION IS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A ELIGIBLE ATHLETES DIRECTLY ELECT ATHLETE POSITIONS ON USA CYCLING'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WILL BE REVIEWED BY THE CEO AND CFO AND THEN IT WILL BE SENT TO THE BOARD'S FINANCE / AUDIT COMMITTEE AND THE BOARD OF DIRECTORS FOR REVIEW AND GIVEN A DATE TO GIVE COMMENTS BY. ANY MODIFICATIONS WILL BE MADE AND THEN THE 990 IS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, TRUSTEES, COMMITTEE CHAIRS, EMPLOYEES, AND OTHER AGENTS OF USA CYCLING ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT. ANNUALLY, EACH DIRECTOR, TRUSTEE, COMMITTEE CHAIR, EMPLOYEE, AND AGENT IS REQUIRED TO FILL OUT THIS STATEMENT AND RETURN IT TO THE CFO, EVEN IF THERE ARE NO CONFLICTS OF INTEREST. ANNUALLY, AND BEFORE THE FIRST ANNUAL BOARD MEETING, EACH INDIVIDUAL IS REQUIRED TO OPENLY AND FORTHRIGHTLY IDENTIFY ANY AREAS THAT REPRESENT CONFLICTS OF INTEREST. EACH INDIVIDUAL IS REQUIRED TO DISCLOSE ALL RELATIONSHIPS WITH OTHER NOT-FOR-PROFIT OR PROFIT ORGANIZATIONS IN WHICH USA CYCLING DOES, OR IS BELIEVED TO DO BUSINESS WITH. AS CONFLICTS OF INTEREST ARISE, EACH INDIVIDUAL MUST SUBMIT AN UPDATED DISCLOSURE FORM WITH 30 DAYS OF THE CONFLICT OF INTEREST ARISING. AT LEAST ANNUALLY, THE BOARD OF DIRECTORS OF USA CYCLING REVIEWS THE BOARD MEMBERS DISCLOSURES AT A MEETING OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL PERFORMANCE REVIEWS OF THE CEO ARE PREPARED BY THE BOARD'S COMPENSATION COMMITTEE AND THE COMMITTEE MAKES A RECOMMENDATION TO THE FULL BOARD ON THE CEO'S COMPENSATION BASED ON PERFORMANCE AND MARKET FACTORS. FOR KEY EMPLOYEES, ANNUAL PERFORMANCE REVIEWS ARE PREPARED BY THE CEO, AND COMPENSATION IS DETERMINED BASED ON PERFORMANCE AND MARKET FACTORS. FORM 990, PART VI, SECTION C, LINE 19 FORM 1023 IS AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE. GOVERNING DOCUMENTS, TAX RETURNS, FINANCIAL STATEMENTS AND THE CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE VIA THE ORGANIZATION'S WEBSITE. FORM 990, PAGE 7, PART VII, SECTION A: NO BOARD MEMBER IS COMPENSATED FOR THEIR SERVICE ON THE BOARD, EXCEPT THE CEO/PRESIDENT, WHO IS AN EMPLOYEE OF THE ORGANIZATION. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -132,358. FORM 990, PAGE 12, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. USA CYCLING DEVELOPMENT FOUNDATION 210 USA CYCLING POINT COLORADO SPRINGS CO 80919 841529751 PROVIDE FINANCIAL SUPPORT TO USA CYCLING, INC. CO 501(C)3 509(A)(2) 0 UNITED STATES OLYMPIC COMMITTEE 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 131548339 PROGRAM FUNDING CO 501(C)3 170(B)(1)(A)(VI) 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 UNITED STATES OLYMPIC COMMITTEE C 1120997 FMV UNITED STATES CYCLING DEVELOPMENT FOUNDATION C 657614 FMV UNITED STATES CYCLING DEVELOPMENT FOUNDATION M UNITED STATES CYCLING DEVELOPMENT FOUNDATION P 106745 FMV UNITED STATES CYCLING DEVELOPMENT FOUNDATION N 113299 FMV UNITED STATES CYCLING DEVELOPMENT FOUNDATION K 10000 FMV