Form 990 for tax year 2024

Filed by UNITED STATES SAILING ASSOCIATION INC.

What the amendment changed

Compared with the return it replaced , filed 17 November 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) 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: $9,858,951 changed to $9,997,014
Total expenses: $12,481,224 changed to $12,285,451
Contributions and grants received: $3,124,711 changed to $3,385,799
Investment income: $363,095 changed to $201,520
Other revenue: $538,371 changed to $576,921
Total assets, end of year: $13,812,749 changed to $3,618,476
Total liabilities, end of year: $11,151,477 changed to $4,942,664
Net assets or fund balances, end of year: $2,661,272 changed to -$1,324,188
Program services expenses: $8,976,862 changed to $8,319,754
Management and general expenses: $3,428,661 changed to $3,715,168
Fundraising expenses: $75,701 changed to $250,529
Program service expenses (Part III): $8,976,862 changed to $8,319,754

Totals

Total revenue: $9,997,014
Total expenses: $12,285,451
Contributions and grants received: $3,385,799
Grants paid: $482,502
Program service revenue: $5,832,774
Investment income: $201,520
Other revenue: $576,921
Total assets, end of year: $3,618,476
Total liabilities, end of year: $4,942,664
Net assets or fund balances, end of year: -$1,324,188
Program services expenses (Part IX): $8,319,754
Management and general expenses: $3,715,168
Fundraising expenses: $250,529
Program service expenses (Part III): $8,319,754

Program services were 67.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

1d · Related organizations

$26,753
1f · All other contributions, gifts and grants

$3,359,046
1g · Noncash contributions included above

$814,394
2a · Program service revenue: ADULT PROGRAMS

total $2,769,535 · related or exempt $2,769,535
2b · Program service revenue: YOUTH PROGRAMS

total $1,442,336 · related or exempt $1,442,336
2c · Program service revenue: OLYMPIC PROGRAM

total $1,142,534 · related or exempt $1,142,534
2d · Program service revenue: OFFSHORE RACE SUPPORT

total $459,924 · related or exempt $459,924
2e · Program service revenue: OTHER EDUCATION SERVIC

total $18,445 · related or exempt $18,445
3 · Investment income

total $18,018 · excluded $18,018
7a · Gross sales of assets other than inventory

securities $592,731
7b · Less cost or other basis and sales expenses

securities $376,737 · other assets $32,492
7c · Gain or loss

securities $215,994 · other assets -$32,492
7d · Net gain or loss

total $183,502 · excluded $183,502
10a · Gross sales of inventory

$683,292
10b · Cost of goods sold

$235,197
10c · Net income from sales of inventory

total $448,095 · related or exempt $448,095
11a · Other revenue: MISCELLANEOUS INCOME

total $128,826 · related or exempt $128,826
11e · Other revenue, total

$128,826

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $35,000 · program services $35,000
2 · Grants to domestic individuals

total $447,502 · program services $447,502
5 · Compensation of officers, directors and key employees

total $430,003 · program services $76,634 · management and general $276,735 · fundraising $76,634
7 · Other salaries and wages

total $3,892,237 · program services $2,859,389 · management and general $892,227 · fundraising $140,621
8 · Pension plan contributions

total $161,786 · program services $121,191 · management and general $38,148 · fundraising $2,447
9 · Other employee benefits

total $299,468 · program services $217,305 · management and general $75,628 · fundraising $6,535
10 · Payroll taxes

total $347,992 · program services $237,786 · management and general $87,808 · fundraising $22,398
11b · Fees: legal

total $137,044 · program services $48,305 · management and general $88,739
11c · Fees: accounting

total $64,651 · management and general $64,651
11g · Fees: other

total $1,957,296 · program services $1,728,033 · management and general $229,198 · fundraising $65
12 · Advertising and promotion

total $128,525 · program services $46,519 · management and general $82,006
13 · Office expenses

total $1,370,650 · program services $114,120 · management and general $1,255,016 · fundraising $1,514
14 · Information technology

total $237,719 · program services $135,700 · management and general $102,019
16 · Occupancy

total $298,007 · program services $214,744 · management and general $83,263
17 · Travel

total $1,246,909 · program services $1,143,201 · management and general $103,708
20 · Interest

total $5,877 · program services $2,647 · management and general $3,230
22 · Depreciation, depletion and amortization

total $149,175 · program services $68,293 · management and general $80,882
23 · Insurance

total $224,190 · program services $104,253 · management and general $119,622 · fundraising $315
24a · Other expenses: REGISTRATION AND EVENT

total $453,731 · program services $350,444 · management and general $103,287
24b · Other expenses: LOGISTICS

total $246,427 · program services $242,003 · management and general $4,424
24c · Other expenses: CERTIFICATES

total $88,680 · program services $88,680
24d · Other expenses: EQUIPMENT

total $62,582 · program services $38,005 · management and general $24,577

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,206,160 · end of year $597,145
3 · Pledges and grants receivable

beginning of year $10,319,753
4 · Accounts receivable

beginning of year $289,624 · end of year $343,748
8 · Inventories for sale or use

beginning of year $166,888 · end of year $262,908
10a · Land, buildings and equipment: cost or other basis

$3,661,884
10b · Land, buildings and equipment: accumulated depreciation

$3,298,473
10c · Land, buildings and equipment, net

beginning of year $562,032 · end of year $363,411
11 · Investments: publicly traded securities

beginning of year $1,025,280 · end of year $420,234
15 · Other assets

beginning of year $1,551,104 · end of year $1,631,030
17 · Accounts payable and accrued expenses

beginning of year $6,563,157 · end of year $1,386,717
19 · Deferred revenue

beginning of year $1,703,543 · end of year $1,884,881
22 · Loans and payables to officers and key people

end of year $400,000
24 · Unsecured notes and loans payable

end of year $312,011
25 · Other liabilities

beginning of year $1,093,042 · end of year $959,055
27 · Net assets without donor restrictions

beginning of year $5,332,178 · end of year -$1,854,160
28 · Net assets with donor restrictions

beginning of year $428,921 · end of year $529,972

Mission and programs · 2024

Mission

THE ORGANIZATIONS MISSION IS TO INCREASE SAILING PARTICIPATION AND EXCELLENCE THROUGH EDUCATION, COMPETITION, AND EQUAL OPPORTUNITY WHILE UPHOLDING THE PRINCIPLES OF FAIR PLAY, SPORTSMANSHIP, AND SAFETY.

Activities or mission (Part I)

INCREASE SAILING PARTICIPATION AND EXCELLENCE THROUGH EDUCATION, COMPETITION AND EQUAL OPPORTUNITY, WHILE UPHOLDING THE PRINCIPLES OF FAIR PLAY, SPORTSMANSHIP AND SAFETY.

THE OLYMPIC PROGRAM PROVIDES TRAINING AND SUPPORT OF THE TEAMS AND INDIVIDUALS PREPARING FOR OLYMPIC COMPETITIONS. SUPPORT INCLUDES COACHING, HEALTH AND NUTRITION, PHYSICAL AND PSYCHOLOGICAL STRENGTHENING, LOGISTICS, AND WEATHER FORECASTING SUPPORT. DURING THE SUMMER OF 2024 THE OLYMPICS WERE HELD IN FRANCE, WITH THE SAILING COMPETITIONS OCCURRING IN MARSEILLES. THE US SAILING TEAM CONSISTED OF 13 ATHLETES.

Expenses $5,075,050 · Grants $420,000 · Revenue $1,474,230
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.

Expenses $1,580,753 · Grants $58,503 · Revenue $2,627,975
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.

Expenses $1,663,951 · Grants $4,000 · Revenue $2,307,490

As filed on the 2024 return.

Listed in Part VII

Bob KottlerBOB KOTTLER

DIRECTOR (AS OF 11/24)

Total calculated

$0

Hours/week

5
Brian KeaneBRIAN KEANE

DIRECTOR/ FOUNDATION PRESIDENT (AS OF 2/24)

Total calculated

$0

Hours/week

10 + 5 related
Charlie ArmsCHARLIE ARMS

SECRETARY/DIRECTOR (TO 11/24)

Total calculated

$0

Hours/week

10
Chris BarnardCHRIS BARNARD

DIRECTOR (AS OF 12/24)

Total calculated

$0

Hours/week

1
Henry BrauerHENRY BRAUER

PRESIDENT (AS OF 11/24)

Total calculated

$0

Hours/week

25 + 5 related
John SchoendorfJOHN SCHOENDORF

TREASURER/DIRECTOR

Total calculated

$0

Hours/week

25
Judge RyanJUDGE RYAN

DIRECTOR (TO 11/24)

Total calculated

$0

Hours/week

5
Laura GrondinLAURA GRONDIN

VICE PRESIDENT (AS OF 11/24)

Total calculated

$0

Hours/week

10
Luke MullerLUKE MULLER

DIRECTOR (AS OF 12/24)

Total calculated

$0

Hours/week

5
Maggie SheaMAGGIE SHEA

DIRECTOR (TO 11/24)

Total calculated

$0

Hours/week

5
Marie RogersMARIE ROGERS

VICE PRESIDENT/DIRECTOR (TO 11/24)

Total calculated

$0

Hours/week

5
Matt GallagherMATT GALLAGHER

SECRETARY/DIRECTOR (AS OF 11/24)

Total calculated

$0

Hours/week

10
Mike Van DykeMIKE VAN DYKE

DIRECTOR (AS OF 11/24)

Total calculated

$0

Hours/week

5
Pamela HealyPAMELA HEALY

DIRECTOR

Total calculated

$0

Hours/week

10
Richard JepsenRICHARD JEPSEN

PRESIDENT/DIRECTOR (TO 11/24)

Total calculated

$0

Hours/week

10
Sarah LihanSARAH LIHAN

DIRECTOR

Total calculated

$0

Hours/week

25
Sheila TolleSHEILA TOLLE

DIRECTOR

Total calculated

$0

Hours/week

5
Stan HoneySTAN HONEY

DIRECTOR

Total calculated

$0

Hours/week

5
William RuhWILLIAM RUH

DIRECTOR-FOUNDATION PRESIDENT (TO 2/24)

Total calculated

$0

Hours/week

5 + 10 related
Alan OstfieldALAN OSTFIELD

CHIEF EXECUTIVE OFFICER

Total calculated

$346,406

From this org

$319,454

From related orgs

$0

Other

$26,952

Hours/week

34.5 + 3 related

Schedule J breakdown matched by us

Base

$319,454

Bonus

$0

Other

$0

Deferred

$15,530

Nontaxable benefits

$11,422

Filer's total

$346,406
Heather MonosonHEATHER MONOSON

CHIEF FINANCIAL OFFICER (TO 3/24)

Total calculated

$79,340

From this org

$75,375

From related orgs

$0

Other

$3,965

Hours/week

34.5 + 3 related
Andrew CloustonANDREW CLOUSTON

SVP PROGRAM & SERVICES

Total calculated

$178,943

From this org

$169,419

From related orgs

$0

Other

$9,524

Hours/week

37.5

Schedule J breakdown matched by us

Base

$158,047

Bonus

$11,372

Other

$0

Deferred

$8,500

Nontaxable benefits

$1,024

Filer's total

$178,943
Blaine PedlowBLAINE PEDLOW

SVP DEVELOPMENT

Total calculated

$168,663

From this org

$159,362

From related orgs

$0

Other

$9,301

Hours/week

37.5

Schedule J breakdown matched by us

Base

$151,656

Bonus

$7,706

Other

$0

Deferred

$8,268

Nontaxable benefits

$1,033

Filer's total

$168,663
Eric KrasnooERIC KRASNOO

SVP MEMBERSHIP

Total calculated

$206,818

From this org

$188,054

From related orgs

$0

Other

$18,764

Hours/week

37.5

Schedule J breakdown matched by us

Base

$176,420

Bonus

$11,634

Other

$0

Deferred

$9,523

Nontaxable benefits

$9,241

Filer's total

$206,818
Renee WetterlandRENEE WETTERLAND

HEAD OF HR/OPERATIONS

Total calculated

$118,696

From this org

$111,073

From related orgs

$0

Other

$7,623

Hours/week

37.5
Sally BarkowSALLY BARKOW

OLYMPIC TEAM COACH

Total calculated

$147,366

From this org

$124,746

From related orgs

$0

Other

$22,620

Hours/week

37.5

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 · Compensation committee
3 · Written employment contract
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

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.

UNITED STATES SAILING FOUNDATION

501(C)(3) · TO DIRECTLY SUPPORT A RELATED ORG · DE

Directly controlled by UNITED STATES ASSOCIATION INC

Provenance

Return type: form_990
Tax year: 2024
Filed: 13 March 2026
IRS schema version: 2024v5.5
Source object: 202610729349301316

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