United States Sailing Association Inc
- Assets
- $11.7m
- Revenue
- $14.8m
- Investments
- $0.0
- Employees
- 75
- Location
- Bristol, RI
- Founding
- 01/1941
- Data as of
- 12/2022
- EIN
- 13-1671529
Organization Overview
United States Sailing Association Inc is located in Bristol, RI. The organization was established in 1941. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, United States Sailing Association Inc employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United States Sailing Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, United States Sailing Association Inc generated $14.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $14.1m during the year ending 12/2022. While expenses have increased by 4.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, United States Sailing Association Inc has awarded 42 individual grants totaling $413,597. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
INCREASE SAILING PARTICIPATION AND EXCELLENCE THROUGH EDUCATION, COMPETITION AND EQUAL OPPORTUNITY, WHILE UPHOLDING THE PRINCIPLES OF FAIR PLAY, SPORTSMANSHIP AND SAFETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OLYMPIC PROGRAM PROVIDES TRAINING AND SUPPORT OF THE TEAMS AND INDIVIDUALS PREPARING FOR OLYMPIC COMPETITIONS. SUPPORT INCLUDES COACHING, HEALTH AND NUTRITION COUNSELING, PHYSICAL AND PSYCHOLOGICAL STRENGTHENING, LOGISTICS, AND WEATHER FORECASTING SUPPORT.
THE YOUTH PROGRAMS PROVIDES YOUTH TRAINING AND CERTIFICATION OF INSTRUCTORS FOR BEGINNING INTERMEDIATE AND ADVANCED SAILING CLASSES PROVIDED THROUGHOUT THE US. FOR LEARN-TO-SAIL PROGRAMS AND SMALL BOAT PROGRAMS WITH A GOAL OF PROMOTING PARTICIPATION IN BOATING AND ON-WATER ACTIVITIES. THESE SERVICES ARE ALSO CONDUCTED IN ASSOCIATION WITH VARIOUS INTERNATIONAL SAIL TRAINING ORGANIZATIONS. ALSO CONDUCTS AND MANAGES UNITED STATES SAILING CHAMPIONSHIP EVENTS TO DETERMINE NATIONAL CHAMPIONS IN SUCH AREAS AS YOUTH MULTIHULL CHAMPIONSHIP AND JUNIOR OLYMPIC EVENTS ARE CONDUCTED ALL ACROSS THE COUNTRY TO ENCOURAGE THOSE WHO ARE CONSIDERING OLYMPIC CAMPAIGNS.
THE EDUCATION DEVELOPS PRODUCTS AND PROGRAMS THAT SUPPORT THE VARIOUS CONSTITUENT SECTIONS OF US SAILING (YOUTH, ADULT, AND RACE ADMINISTRATION). ADDITIONALLY RESPONSIBLE FOR SCHEDULING OF EDUCATIONAL COURSES AND SEMINARS, RESPONSIBLE FOR MANAGING THE ORGANIZATIONAL RELATIONSHIPS WITH THE US COAST GUARD, NATIONAL ASSOCIATION OF STATE BOATING ADMINISTRATORS (NASBLA) ,AND NATIONAL SAFE BOATING COUNCIL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Ostfield Chief Executive Officer/non Voting | OfficerTrustee | 37.5 | $389,783 |
Richard Jepsen President/director | OfficerTrustee | 10 | $0 |
Marie Rogers Vice President/director (as Of 10/22) | OfficerTrustee | 10 | $0 |
John Schoendorf Treasurer/director | OfficerTrustee | 10 | $0 |
Charlie Arms Secretary/director | OfficerTrustee | 5 | $0 |
Henry Brauer Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Roger Williams University Rent And Utilities | 12/30/20 | $175,964 |
Jet Mail Services E-commerce Services | 12/30/20 | $141,696 |
New Start Mobile Llc Computer Systems Design | 12/30/20 | $116,133 |
San Diego Mission Bay Resort And Spa Hotel Lodging | 12/30/20 | $116,080 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $6,163,412 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,852,071 |
| Noncash contributions included in lines 1a–1f | $862,095 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,015,483 |
| Total Program Service Revenue | $6,288,354 |
| Investment income | $28,934 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $870 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $34,434 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $429,401 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,807,478 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,000 |
| Grants and other assistance to domestic individuals. | $512,389 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $887,729 |
| Compensation of current officers, directors, key employees. | $194,217 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,917,255 |
| Pension plan accruals and contributions | $231,785 |
| Other employee benefits | $661,768 |
| Payroll taxes | $418,515 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $38,519 |
| Fees for services: Accounting | $50,370 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,794 |
| Fees for services: Other | $1,687,357 |
| Advertising and promotion | $39,540 |
| Office expenses | $877,111 |
| Information technology | $131,031 |
| Royalties | $0 |
| Occupancy | $266,565 |
| Travel | $1,620,563 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $224,649 |
| Interest | $584 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $391,170 |
| Insurance | $201,627 |
| All other expenses | $0 |
| Total functional expenses | $14,102,629 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $560,511 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,276,108 |
| Accounts receivable, net | $157,363 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $189,671 |
| Prepaid expenses and deferred charges | $183,473 |
| Net Land, buildings, and equipment | $827,947 |
| Investments—publicly traded securities | $1,972,491 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,538,218 |
| Total assets | $11,705,782 |
| Accounts payable and accrued expenses | $3,982,095 |
| Grants payable | $0 |
| Deferred revenue | $1,697,461 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,224,587 |
| Total liabilities | $6,904,143 |
| Net assets without donor restrictions | $4,354,104 |
| Net assets with donor restrictions | $447,535 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,705,782 |
Grants Awarded
Over the last fiscal year, United States Sailing Association Inc has awarded $30,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ORANGE COAST COLLEGE FOUNDATION PURPOSE: SUMMER SAILING CAMPS FOR YOUTH AGES 7-17 | $5,000 |
PACIFIC COAST SAILING FOUNDATION PURPOSE: INTEGRATION OF MULTIPLE SAILING CAMPS FOR SIX DIFFERENT SCHOOLS | $5,000 |
ASSOCIATED STUDENTS OF SAN DIEGO STATE UNIVERSITY PURPOSE: TO PARTNER WITH AREA SCHOOLS AND YOUTH PROGRAMS AS A RESOURCE FOR OUTDOOR EDUCATION AND TO CREATE OPPORTUNITIES FOR STEM AND ENVIRONMENTAL EDUCATION IN THE COMMUNITY | $5,000 |
NEWPORT SEA BASE PURPOSE: JUNIOR RACING TEAM, HOME SCHOOL SAILING PROGRAMS, AND JUNIOR SEA SCOUTS | $5,000 |
COLUMBIA SAILING SCHOOL PURPOSE: ADVENTURE KIDS CAMP | $5,000 |
DANA POINT AQUATIC FOUNDATION PURPOSE: SPRING AND SUMMER YOUTH SAILING CAMP PROGRAM | $5,000 |