Skip to content
Nonprofiteer
← WATER SPORTS INDUSTRY ASSOCIATION INC

Form 990 for tax year 2022

Filed by WATER SPORTS INDUSTRY ASSOCIATION INC.

Totals

Total revenue
$1,825,745
Total expenses
$1,226,633
Contributions and grants received
$346,910
Grants paid
$0
Program service revenue
$1,446,504
Investment income
$48
Other revenue
$32,283
Total assets, end of year
$1,017,137
Total liabilities, end of year
$11,309
Net assets or fund balances, end of year
$1,005,828
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $331,520

  • 1f · All other contributions, gifts and grants

    $15,390

  • 2a · Program service revenue: BOAT COMMITTEE FEES

    total $1,183,147 · related or exempt $1,183,147

  • 2b · Program service revenue: PROGRAM EVENTS

    total $256,153 · related or exempt $256,153

  • 2c · Program service revenue: OTHER PROGRAM REVENUE

    total $7,204 · related or exempt $7,204

  • 3 · Investment income

    total $48 · excluded $48

  • 10a · Gross sales of inventory

    $60,680

  • 10b · Cost of goods sold

    $28,397

  • 10c · Net income from sales of inventory

    total $32,283 · related or exempt $32,283

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $415,322

  • 7 · Other salaries and wages

    total $78,350

  • 8 · Pension plan contributions

    total $1,332

  • 9 · Other employee benefits

    total $9,350

  • 10 · Payroll taxes

    total $35,771

  • 11b · Fees: legal

    total $33,982

  • 11c · Fees: accounting

    total $9,605

  • 11d · Fees: lobbying

    total $134,042

  • 11g · Fees: other

    total $25,837

  • 12 · Advertising and promotion

    total $25,754

  • 13 · Office expenses

    total $17,853

  • 14 · Information technology

    total $18,371

  • 16 · Occupancy

    total $10,008

  • 17 · Travel

    total $106,483

  • 19 · Conferences, conventions and meetings

    total $262,579

  • 22 · Depreciation, depletion and amortization

    total $1,367

  • 23 · Insurance

    total $4,399

  • 24a · Other expenses: OTHER PROGRAM EXPENSES

    total $36,228

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $403,598 · end of year $962,675

  • 2 · Savings and temporary cash investments

    end of year $52,411

  • 10a · Land, buildings and equipment: cost or other basis

    $4,319

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,268

  • 10c · Land, buildings and equipment, net

    beginning of year $3,418 · end of year $2,051

  • 17 · Accounts payable and accrued expenses

    beginning of year $304 · end of year $11,309

  • 27 · Net assets without donor restrictions

    beginning of year $406,712 · end of year $1,005,828

Listed in Part VII

  • ROBERT OSWELL

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • CJ VLAHOVICH

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • WAYNE WILSON

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • JAMES VAUGHT

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • DAVE EKERN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TROY MANN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GREG MELOON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GLENN SANDRIDGE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • AMY MAUZY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PAUL BIALICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NATALIE CARRERA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SCOTT CRUTCHFIELD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JIM EMMONS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DANNY GUTIERREZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANDY LARSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • COREY LEWISON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BILL MCCAFFRAY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAN MILLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PAUL O'BRIEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PATRICK PANAKOS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JAY QUAM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • WAYNE WALTERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PETE SURRETTE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TREY THURMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ROY TURNER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DON WALLACE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRAD FRALICK

    CHIEF GOVT AFFAIRS OFFICER

    Total calculated
    $183,499
    From this org
    $170,000
    From related orgs
    $0
    Other
    $13,499
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,000
    Bonus
    $0
    Other
    $0
    Deferred
    $5,053
    Nontaxable benefits
    $8,446
    Filer's total
    $183,499

  • LEE GATTS

    DIRECTOR OF GOVT AFFAIRS

    Total calculated
    $135,128
    From this org
    $132,364
    From related orgs
    $0
    Other
    $2,764
    Hours/week
    40

  • JAMES KRAWCZYK

    DIRECTOR OF OPERATIONS

    Total calculated
    $128,118
    From this org
    $119,059
    From related orgs
    $0
    Other
    $9,059
    Hours/week
    40

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

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
12 May 2023
IRS schema version
2022v5.0
Source object
202301439349300105

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.