United States Sailing Association Inc
- Assets
- $8.0m
- Revenue
- $11.1m
- Investments
- $0.0
- Employees
- 70
- Location
- Bristol, RI
- Founding
- 01/1941
- Data as of
- 12/2021
- 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 12/2021, United States Sailing Association Inc employed 70 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 12/2021, United States Sailing Association Inc generated $11.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $11.5m during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 7 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 37 individual grants totaling $344,379. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LEADERSHIP FOR THE SPORT OF SAILING IN THE UNITED STATES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OLYMPIC PROGRAM PROVIDES DIRECT SUPPORT TO ATHLETES IN PURSUIT OF THEIR OLYMPIC DREAMS. ATHLETIC SUPPORT INCLUDES COACHING, HEALTH AND NUTRITION COUNSELING, METEOROLOGY, PHYSICAL AND MENTAL STRENGTHENING, LOGISTICS AND OTHER TRAINING SUPPORT.
THE YOUTH PROGRAMS CONNECT YOUTH SAILORS TO INSTRUCTION, EVENTS, AND RESOURCES THAT HELP ALL TYPES OF YOUTH SAILORS ENJOY THE SPORT, IMPROVE THEIR SKILLS, AND BECOME SAILORS FOR LIFE. TRAINING AND CERTIFICATION OF INSTRUCTORS FOR BEGINNING, INTERMEDIATE AND ADVANCED SAILING CLASSES IS PROVIDED THROUGHOUT THE U.S. FOR LEARN-TO-SAIL PROGRAMS AND SMALL BOAT PROGRAMS TO PROMOTE PARTICIPATION IN BOATING AND ON-WATER ACTIVITIES. THESE SERVICES ARE ALSO CONDUCTED IN ASSOCIATION WITH VARIOUS INTERNATIONAL SAIL TRAINING ORGANIZATIONS. THE PROGRAM ALSO CONDUCTS AND MANAGES UNITED STATES SAILING YOUTH 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 PROGRAM DEVELOPS EDUCATIONAL COURSES AND SEMINARS (BOTH ONLINE AND IN-PERSON) PRODUCTS AND PROGRAMS THAT SUPPORT THE YOUTH, ADULT AND RACE ADMINISTRATION PROGRAMS. THE PROGRAM ALSO MANAGES THE ORGANIZATIONAL RELATIONSHIPS WITH THE US COAST GUARD, NATIONAL ASSOCIATION OF STATE BOATING ADMINISTRATORS (NASBLA) AND NATIONAL SAFE BOATING COUNCIL.
THE ADULT PROGRAM PROVIDES TRAINING FOR VARIOUS SAILING DISCIPLINES, INCLUDING SAFETY AT SEA, POWERBOAT AND KEELBOAT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Nosash Chief Development Officer | 37.5 | $211,801 | |
Paul Cayard Exec. Dir. Of U.s. Olympic Sailing | Officer | 37.5 | $181,592 |
Alan Ostfield Chief Executive Officer (as Of 05/2021) | Officer | 37.5 | $166,242 |
Heather Monoson Chief Financial Officer | Officer | 37.5 | $161,539 |
Luther Carpenter Olympic Head Coach | 37.5 | $148,553 | |
Sally Barkow Performance Manager-Oly | 37.5 | $129,008 |
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 | $2,325,208 |
| Government grants | $810,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,498,614 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,634,322 |
| Total Program Service Revenue | $5,784,504 |
| Investment income | $41,724 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $17,845 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,504 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $581,367 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,092,289 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $223,849 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $537,723 |
| Compensation of current officers, directors, key employees. | $41,950 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,474,966 |
| Pension plan accruals and contributions | $202,280 |
| Other employee benefits | $472,128 |
| Payroll taxes | $314,285 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,225 |
| Fees for services: Accounting | $41,955 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,706,774 |
| Advertising and promotion | $46,802 |
| Office expenses | $908,249 |
| Information technology | $136,719 |
| Royalties | $0 |
| Occupancy | $136,968 |
| Travel | $1,370,410 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $179,131 |
| Interest | $3,349 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $449,001 |
| Insurance | $205,016 |
| All other expenses | $0 |
| Total functional expenses | $11,465,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,501,864 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,056,887 |
| Accounts receivable, net | $152,390 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $179,562 |
| Prepaid expenses and deferred charges | $86,025 |
| Net Land, buildings, and equipment | $1,192,965 |
| Investments—publicly traded securities | $622,625 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $234,808 |
| Total assets | $8,027,126 |
| Accounts payable and accrued expenses | $1,596,322 |
| Grants payable | $0 |
| Deferred revenue | $2,078,915 |
| 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 | $34,660 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,709,897 |
| Net assets without donor restrictions | $2,061,149 |
| Net assets with donor restrictions | $2,256,080 |
| 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 | $8,027,126 |
Grants Awarded
Over the last fiscal year, United States Sailing Association Inc has awarded $30,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
San Diego, CA 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 |
Chicago, IL PURPOSE: ADVENTURE KIDS CAMP | $5,000 |
Long Beach, CA PURPOSE: INTEGRATION OF MULTIPLE SAILING CAMPS FOR SIX DIFFERENT SCHOOLS | $5,000 |
Costa Mesa, CA PURPOSE: SUMMER SAILING CAMPS FOR YOUTH AGES 7-17 | $5,000 |
Orange, CA PURPOSE: JUNIOR RACING TEAM, HOME SCHOOL SAILING PROGRAMS, AND JUNIOR SEA SCOUTS | $5,000 |
San Clemente, CA PURPOSE: SPRING AND SUMMER YOUTH SAILING CAMP PROGRAM | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that United States Sailing Association Inc has recieved totaling $1,050,259.
| Awarding Organization | Amount |
|---|---|
United States Olympic & Paralympic Committee Colorado Springs, CO PURPOSE: OLYMPIC/PARALYMPIC SUPPORT | $1,049,231 |
Repass-Rodgers Family Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
Endowment Analysis
| Beg. Balance | $382,753 |
| Earnings | $22,011 |
| Net Contributions | $31,000 |
| Ending Balance | $435,764 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Sailing Association Inc Bristol, RI | $8,027,126 | $11,092,289 |
New England Sailing Foundation Inc Marblehead, MA | $32,351 | $1,795,441 |
New England Science & Sailing Foundation Inc Stonington, CT | $5,613,617 | $3,618,390 |
Sail Newport Inc Newport, RI | $8,050,460 | $2,453,105 |
Community Boating Inc Boston, MA | $5,688,954 | $2,833,055 |
Winchester Boat Club Winchester, MA | $5,238,512 | $1,099,002 |
Saugatuck Harbor Yacht Club Inc Westport, CT | $2,019,925 | $1,016,320 |
Nantucket Community Sailing Inc Nantucket, MA | $4,938,871 | $779,029 |
Piers Park Sailing Center Inc East Boston, MA | $910,975 | $1,064,918 |
Pleasant Bay Community Boating Inc North Chatham, MA | $4,919,007 | $1,766,472 |
Cambridge Boat Club Cambridge, MA | $1,664,674 | $711,494 |
Crew Family Foundation Inc Plainville, CT | $603,187 | $731,564 |