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Nonprofiteer
← UNITED STATE OLYMPIC AND PARALYMPIC PROPERTIES LLC

Form 990 for tax year 2024

Filed by UNITED STATE OLYMPIC AND PARALYMPIC PROPERTIES LLC.

Totals

Total revenue
$216,282,143
Total expenses
$90,284,744
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$89,500,051
Management and general expenses
$784,693
Fundraising expenses
$0
Program service expenses (Part III)
$89,500,051

Program services were 99.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • REYNOLD HOOVER

    DIRECTOR & CHIEF EXEC OFFICER (LA28)

    Total calculated
    $487,379
    From this org
    $0
    From related orgs
    $481,831
    Other
    $5,548
    Hours/week
    0.1 + 39.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $474,519 related
    Bonus
    $0
    Other
    $0 + $7,312 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $5,548 related
    Filer's total
    $0 + $487,379 related
  • CASEY WASSERMAN

    CHAIRPERSON/PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related
  • GENE SYKES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 0.1 related
  • SARAH HIRSHLAND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 0.1 related
  • JOHN SLUSHER

    CHIEF EXECUTIVE OFFICER (USOPP)

    Total calculated
    $935,726
    From this org
    $933,769
    From related orgs
    $0
    Other
    $1,957
    Hours/week
    39.9 + 0.1 related

    Schedule J breakdown matched by us

    Base
    $33,654
    Bonus
    $900,000
    Other
    $115
    Deferred
    $0
    Nontaxable benefits
    $1,957
    Filer's total
    $935,726
  • TANJA OLANO

    CHIEF LGL/PPL/COMP OFF (END 9/24)

    Total calculated
    $889,232
    From this org
    $0
    From related orgs
    $876,400
    Other
    $12,832
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $474,121 related
    Bonus
    $0 + $400,850 related
    Other
    $0 + $1,429 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $12,832 related
    Filer's total
    $0 + $889,232 related
  • KAREN STURGES

    CHIEF FINANCIAL OFFICER

    Total calculated
    $776,787
    From this org
    $0
    From related orgs
    $741,670
    Other
    $35,117
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $463,793 related
    Bonus
    $0 + $274,450 related
    Other
    $0 + $3,427 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $35,117 related
    Filer's total
    $0 + $776,787 related
  • DANIEL KOBLIN

    CHIEF OPERATING OFFICER (USOPP)

    Total calculated
    $763,107
    From this org
    $725,092
    From related orgs
    $0
    Other
    $38,015
    Hours/week
    39.9 + 0.1 related

    Schedule J breakdown matched by us

    Base
    $469,468
    Bonus
    $254,181
    Other
    $1,443
    Deferred
    $0
    Nontaxable benefits
    $38,015
    Filer's total
    $763,107
  • CHRISTOPHER PEPE

    CHF COMMERCIAL OFF(USOPP)(END 12/24)

    Total calculated
    $694,184
    From this org
    $690,210
    From related orgs
    $0
    Other
    $3,974
    Hours/week
    39.9 + 0.1 related

    Schedule J breakdown matched by us

    Base
    $518,487
    Bonus
    $170,454
    Other
    $1,269
    Deferred
    $0
    Nontaxable benefits
    $3,974
    Filer's total
    $694,184
  • ELISABETH FREINBERG

    CHIEF LEGAL OFFICER & SECRETARY

    Total calculated
    $552,595
    From this org
    $0
    From related orgs
    $513,943
    Other
    $38,652
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $319,173 related
    Bonus
    $0 + $193,000 related
    Other
    $0 + $1,770 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $38,652 related
    Filer's total
    $0 + $552,595 related
  • AARON LOWENSTEIN

    VP, DEP GEN COUNSEL & ASST SECRETARY

    Total calculated
    $260,385
    From this org
    $0
    From related orgs
    $238,168
    Other
    $22,217
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $221,221 related
    Bonus
    $0 + $15,190 related
    Other
    $0 + $1,757 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $22,217 related
    Filer's total
    $0 + $260,385 related
  • TAMI MAJER

    CHIEF PEOPLE OFFICER

    Total calculated
    $66,402
    From this org
    $0
    From related orgs
    $62,814
    Other
    $3,588
    Hours/week
    20 + 20 related
  • DAVID MINGEY

    SVP, COMMERCIAL PARTNERSHIPS

    Total calculated
    $681,310
    From this org
    $636,924
    From related orgs
    $0
    Other
    $44,386
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $445,524
    Bonus
    $189,957
    Other
    $1,443
    Deferred
    $0
    Nontaxable benefits
    $44,386
    Filer's total
    $681,310
  • PETER ZEYTOONJIAN

    SVP, CONSUMER PRODUCTS

    Total calculated
    $535,180
    From this org
    $512,757
    From related orgs
    $0
    Other
    $22,423
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $341,815
    Bonus
    $169,499
    Other
    $1,443
    Deferred
    $0
    Nontaxable benefits
    $22,423
    Filer's total
    $535,180
  • RYAN EDDY

    VP, PARTNERSHIPS

    Total calculated
    $355,902
    From this org
    $343,027
    From related orgs
    $0
    Other
    $12,875
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $251,232
    Bonus
    $65,227
    Other
    $26,568
    Deferred
    $0
    Nontaxable benefits
    $12,875
    Filer's total
    $355,902
  • HAYLE CHUN

    SR DIRECTOR, BUSINESS OPERATIONS

    Total calculated
    $309,495
    From this org
    $265,505
    From related orgs
    $0
    Other
    $43,990
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $227,875
    Bonus
    $36,187
    Other
    $1,443
    Deferred
    $0
    Nontaxable benefits
    $43,990
    Filer's total
    $309,495
  • VANESSA SHAY

    VP, PARTNERSHIP

    Total calculated
    $307,050
    From this org
    $299,920
    From related orgs
    $0
    Other
    $7,130
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $246,477
    Bonus
    $52,000
    Other
    $1,443
    Deferred
    $0
    Nontaxable benefits
    $7,130
    Filer's total
    $307,050
  • KATHRYN CARTER

    FORMER CHIEF EXECUTIVE OFFICER

    Total calculated
    $1,950,000
    From this org
    $0
    From related orgs
    $1,950,000
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $100,000 related
    Other
    $0 + $1,850,000 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $1,950,000 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 — 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

  • 1a · First-class or charter travel
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment

Answered no

  • 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

The filer's explanations (Part III)

PART I, LINE 1A
FIRST-CLASS TRAVEL WAS PROVIDED TO ONE OFFICER AND ONE HIGHEST COMPENSATED EMPLOYEE, WHICH WAS NOT TREATED AS TAXABLE COMPENSATION TO THE INDIVIDUALS.
PART I, LINE 3
LOS ANGELES ORGANIZING COMMITTEE FOR THE OLYMPIC AND PARALYMPIC GAMES 2028, A RELATED ORGANIZATION OF UNITED STATES OLYMPIC AND PARALYMPIC PROPERTIES, LLC, USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO: - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION COMMITTEE - APPROVAL BY THE BOARD OF COMPENSATION COMMITTEE
PART I, LINE 4A
THE ENTIRE AMOUNT LISTED IN COLUMN (B)(III) TO KATHRYN CARTER WAS MADE BY THE LOS ANGELES ORGANIZING COMMITTEE OF THE OLYMPIC AND PARALYMPIC GAMES 2028 PURSUANT TO THE TERMS OF A MUTUALLY AGREED UPON SEPARATION AGREEMENT.

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.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
7 November 2025
IRS schema version
2024v5.2
Source object
202523139349301007

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

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