Form 990 for tax year 2024
Filed by UNITED STATES SAILING FOUNDATON.
What the amendment changed
Compared with the return it replaced , filed 17 November 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $670,027 changed to $634,999
- Total expenses
- $5,538,318 changed to $5,767,959
- Contributions and grants received
- $546,458 changed to $511,422
- Grants paid
- $115,100 changed to $26,753
- Other revenue
- $127 changed to $135
- Total assets, end of year
- $8,970,589 changed to $2,960,271
- Total liabilities, end of year
- $10,229,625 changed to $0
- Net assets or fund balances, end of year
- -$1,259,036 changed to $2,960,271
- Program services expenses
- $144,339 changed to $43,715
- Management and general expenses
- $5,162,271 changed to $5,596,241
- Fundraising expenses
- $231,708 changed to $128,003
- Program service expenses (Part III)
- $144,339 changed to $43,715
Totals
- Total revenue
- $634,999
- Total expenses
- $5,767,959
- Contributions and grants received
- $511,422
- Grants paid
- $26,753
- Program service revenue
- $0
- Investment income
- $123,442
- Other revenue
- $135
- Total assets, end of year
- $2,960,271
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $2,960,271
- Program services expenses (Part IX)
- $43,715
- Management and general expenses
- $5,596,241
- Fundraising expenses
- $128,003
- Program service expenses (Part III)
- $43,715
Program services were 0.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
BRIAN KEANE
PRESIDENT/DIRECTOR (AS OF 2/24)
- Total calculated
- $0
- Hours/week
- 5 + 10 related
-
CORY SERTL
DIRECTOR (TO 10/24)
- Total calculated
- $0
- Hours/week
- 1
-
RICHARD JEPSEN
EX-OFFICIO (TO 11/24)
- Total calculated
- $0
- Hours/week
- 1
-
HENRY BRAUER
PRESIDENT/DIRECTOR (AS OF 11/24)
- Total calculated
- $0
- Hours/week
- 5 + 25 related
-
ALAN OSTFIELD
CHIEF EXECUTIVE OFFICER
- Total calculated
- $346,497
- From this org
- $0
- From related orgs
- $319,545
- Other
- $26,952
- Hours/week
- 3 + 34.5 related
Schedule J breakdown matched by us
- Base
- $0 + $319,545 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $15,530 related
- Nontaxable benefits
- $0 + $11,422 related
- Filer's total
- $0 + $346,497 related
-
HEATHER MONOSON
CHIEF FINANCE OFFICER (TO 3/24)
- Total calculated
- $79,340
- From this org
- $0
- From related orgs
- $75,375
- Other
- $3,965
- Hours/week
- 3 + 34.5 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
PROGRAM AND OPERATIONS
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · TO ENCOURAGE PARTICIPATION IN THE SPORT OF SAILING THROUGH VONLUNTEERS · NY
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 16 March 2026
- IRS schema version
- 2024v5.5
- Source object
- 202640769349301619
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