2024-12-23T09:39:16-06:00 2024-04-30 450250958 Eide Bailly LLP 5 Triad Center Ste 600 Salt Lake City UT 841801106 990 2023-05-01 846030639 United States Ski Team Foundation UNIT 4356499090 PO Box 100 Park City UT 84060 Brooke McAffee Chief Financial Officer 4356499090 2024-12-19 1 0 Kyle Fritch CPA P01313374 8015322200 2024-12-18 2023 2024-10-15 13:58:12Z United States Ski and Snowboard Team Foundation Sophie Goldschmidt PO Box 100 Park City UT 84060 23088691 0 X www.usskiteam.com X 1973 CO Benefit and support world-class skiing and snowboarding, including coaching and training athletes. 86 85 0 200 0 0 19620674 20091489 0 0 20648 405041 -622520 -427717 19018802 20068813 14872155 16203054 0 0 1472110 1401834 0 0 2170748 2674537 2462741 19018802 20067629 0 1184 6615733 8314950 5012279 6711496 1603454 1603454 X Operates for the benefit and support of world-class skiing and snowboarding, including coaching and training athletes in these sports. 0 0 16989295 15487468 United States Ski Team - to provide funding for the training, coaching, and competition costs of United States Ski and Snowboard Team athletes and development programs for athletes aspiring to make the United States Ski and Snowboard Teams. 425072 425072 Scholarship Program - a restricted donation was used to establish a scholarship fund for athletes. During the past year 126 scholarships were awarded. 227000 227000 Jeff Shiffrin Athlete Resiliency Fund - Need-based, direct-to-athlete stipends that help support all aspects of athletes' sports careers. 63514 63514 Flight Training Grant Program Provides grants to athletes that pursue pilot certificates and ratings. 63514 63514 17704881 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 17 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 86 85 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CT FL GA IL IN KS KY LA ME MD MA MI MN MS MO NH NJ NM NY OH OK OR PA RI TN UT VA WA WV WI X X Brooke McAffee 4356499090 PO Box 100 Park City UT 84060 X Dune Thorne President 2.00 2.00 X X 0 0 0 Grady Durham Vice President 1.00 0.00 X X 0 0 0 Brad Harrington Vice President 1.00 0.00 X X 0 0 0 Alexandra Jennison Vice President 1.00 0.00 X X 0 0 0 Alan Airth Trustee 1.00 0.00 X 0 0 0 Liz Arky Trustee 1.00 0.30 X 0 0 0 Karen Arnold Trustee 1.00 0.00 X 0 0 0 Kevin Arquit Trustee 1.00 0.00 X 0 0 0 Jon Auerbach Trustee 1.00 0.00 X 0 0 0 Simon Bachleda Trustee 1.00 0.00 X 0 0 0 Louis Bacon Trustee 1.00 0.00 X 0 0 0 Joe Baratta Trustee 1.00 0.00 X 0 0 0 Mark Begor Trustee 1.00 0.00 X 0 0 0 James Benedict Trustee 1.00 0.00 X 0 0 0 William Bindley II Trustee 1.00 0.00 X 0 0 0 Bjorn Erik Borgen Trustee 1.00 0.00 X 0 0 0 Jeff Boyd Trustee 1.00 0.00 X 0 0 0 John Bucksbaum Trustee 1.00 0.00 X 0 0 0 Samuel Byrne Trustee 1.00 0.00 X 0 0 0 Andrew Cader Trustee 1.00 0.00 X 0 0 0 Donna Carpenter Trustee 1.00 0.00 X 0 0 0 J Taylor Crandall Trustee 1.00 0.00 X 0 0 0 John Cumming Trustee 1.00 0.00 X 0 0 0 Peter Curran MD Trustee 1.00 0.00 X 0 0 0 Andrew Davis Trustee 1.00 0.00 X 0 0 0 Wade Davis Trustee 1.00 0.00 X 0 0 0 Jeff Dekko Trustee 1.00 0.00 X 0 0 0 Patrick Dempsey Trustee 1.00 0.00 X 0 0 0 John de Neufville Trustee 1.00 0.00 X 0 0 0 Mark Dowley Trustee 1.00 0.00 X 0 0 0 Spencer Eccles Trustee 1.00 0.00 X 0 0 0 David Fitzgerald Trustee 1.00 0.00 X 0 0 0 Kenneth Graham Trustee 1.00 0.30 X 0 0 0 Mitchell Green Trustee 2.00 0.00 X 0 0 0 Alan Gregory Trustee 1.00 0.00 X 0 0 0 Phill Gross Trustee 1.00 0.00 X 0 0 0 Diane Halvorsen Trustee 1.00 0.00 X 0 0 0 Christopher Heinz Trustee 1.00 0.00 X 0 0 0 David Henle Trustee 1.00 0.00 X 0 0 0 Sydney McNiff Johnson Trustee 1.00 0.00 X 0 0 0 Mike Kaplan Trustee 1.00 0.00 X 0 0 0 Charles Kirk Kellogg Trustee 1.00 0.00 X 0 0 0 Forrest King-Shaw Trustee 1.00 0.00 X 0 0 0 Ron Kruszewski Trustee 1.00 0.00 X 0 0 0 Anne Kubik Trustee 1.00 0.00 X 0 0 0 Elizabeth Larned Trustee 1.00 0.00 X 0 0 0 Brian Leach Trustee 2.00 1.00 X 0 0 0 Karin Leschly MD Trustee 1.00 0.00 X 0 0 0 Jeanne Leviant Trustee 1.00 0.00 X 0 0 0 Alexa Maddock Trustee 1.00 0.00 X 0 0 0 Pamela Martin Trustee 1.00 0.00 X 0 0 0 Walter McCormack Trustee 1.00 0.00 X 0 0 0 Thomas McInerney Trustee 1.00 0.00 X 0 0 0 Ryan McInerney Trustee 1.00 0.00 X 0 0 0 P Andrews McLane Trustee 1.00 0.00 X 0 0 0 Peter Millett MD Trustee 1.00 0.00 X 0 0 0 Kipp Nelson Trustee 1.00 2.30 X 0 0 0 Dexter Paine Trustee 4.30 0.00 X 0 0 0 Edan Park Trustee 1.00 0.00 X 0 0 0 Andrew Paul Trustee 1.00 0.00 X 0 0 0 Keith Pennell Trustee 1.00 0.00 X 0 0 0 Marc Philippon MD Trustee 1.00 0.00 X 0 0 0 Chuck Pieper Trustee 1.00 0.00 X 0 0 0 Stephanie Pierce Trustee 1.00 0.00 X 0 0 0 Gary Pinkus Trustee 1.00 0.00 X 0 0 0 Steven Read Trustee 1.00 0.00 X 0 0 0 Eric Resnick Trustee 1.00 0.00 X 0 0 0 Robert Reynolds Trustee 1.00 0.00 X 0 0 0 Henri Rivers Trustee 1.00 0.30 X 0 0 0 Duke Rohlen Trustee 1.00 0.00 X 0 0 0 Armins Rusis Trustee 1.00 0.00 X 0 0 0 Alice Ruth Trustee 1.00 0.00 X 0 0 0 Steve Shafran Trustee 1.00 0.30 X 0 0 0 Julie Silcock Trustee 1.00 0.00 X 0 0 0 Alison Spitzer Trustee 1.00 0.00 X 0 0 0 Steven Strandberg Trustee 1.00 0.00 X 0 0 0 Lee Styslinger Trustee 1.00 0.00 X 0 0 0 John Townsend Trustee 1.00 0.00 X 0 0 0 Robert Trudeau Trustee 1.00 0.00 X 0 0 0 Richard Tutino Jr Trustee 1.00 2.00 X 0 0 0 Charles Vieth Trustee 1.00 0.00 X 0 0 0 Dani Virtue Trustee 1.00 0.00 X 0 0 0 Thomas Weisel Trustee 1.00 0.00 X 0 0 0 Sophie Goldshcmidt Chief Executive Officer 8.00 32.00 X 186991 747966 26946 Brooke McAffee Chief Financial & Administrative Officer 6.00 34.00 X 52542 297741 8459 Trisha Worthington Chief Development Officer 40.00 0.00 X 333679 0 37999 573212 1045707 73404 2 0 1 0 Donnor Voice 11710 Plaza America Dr Ste 2000 Reston VA 20190 Marketing services 143262 1 3319246 300622 16471621 3135655 20091489 382405 382405 2440422 2417786 22636 22636 22636 174375 3319246 602092 -427717 -427717 20068813 0 0 -22676 15487468 15487468 715586 715586 631044 29079 601965 609044 25758 583286 8390 8390 49163 5663 43500 104193 104193 5959 5959 331724 150160 36741 144823 288424 24802 263622 15080 41 10000 5039 55000 55000 409640 77124 332516 29737 29737 18800 18800 5000 5000 Fulfillment 1291832 1249671 42161 Event Production 11545 29 11516 20067629 17704881 192000 2170748 5783157 6687648 495000 330000 234500 51916 63567 94565 185816 185816 0 0 67318 39509 1083503 6615733 8314950 240803 42483 3490624 3360967 1280852 3308046 5012279 6711496 X 1444788 1444788 158666 158666 1603454 1603454 6615733 8314950 1184 -1184 0 X 0 1 X 1 0 X 11133134 12850500 17653081 19620674 20091489 81348878 11133134 12850500 17653081 19620674 20091489 81348878 8713074 72635804 2294 1058 30 3131 382405 388918 44 7320 7364 81745160 2184220 0.88860 0.88130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 185816 185816 0 0 Related Party Receivables 1083503 1083503 Related Party Payables 3308046 3308046 X 20669721 -1184 -1184 20670905 -602092 -602092 20068813 20669721 602092 602092 20067629 0 20067629 Part X, Line 2: The Foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements and, as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Part XI, Line 4b - Other Adjustments: Special Event Expenses Netted With Income on Form 990 -602,092. Part XII, Line 2d - Other Adjustments: Special Event Expenses Netted With Income on Form 990 602,092. X X X X X 0 AL AK AZ AR CA CT FL GA IL IN KS KY LA ME MD MA MI MN MS MO NH NJ NM NY OH OK OR PA RI TN UT VA WI New York 1965943 1844443 121500 31890 187556 352983 St Louis 897811 844936 52875 14376 5 629867 629867 15287 3493621 3319246 174375 31890 187556 382646 602092 -427717 1 United States Ski Team Inc PO Box 100 Park City UT 84060 840678334 N/A 14144468 0 Athlete development United States Ski Association PO Box 100 Park City UT 84060 870480724 501(c)(3) 1343000 0 Athlete Development 1 1 Scholarship Program 126 425072 Shiffrin Grant Program 59 227000 Flight Training Grant Program 9 63514 Part I, Line 2: All grant funds are issued to the United States Ski Team Inc. and United States Ski Association to fund athletic programs. On a monthly basis management monitors budgets and spending to ensure the funds are being used appropriately. Part III Scholarship Program: This reimbursement benefit is for college courses taken within the previous academic year (fall-summer terms) from any accredited college. Reimbursement occurs twice annually, 1) in the fall (October-November) for courses taken the previous spring / summer terms, which is reimbursed in December and 2) in the spring (March-April) for courses taken the previous fall / winter terms, which is reimbursed in May. Please note this is not a need-based fund, and applicants must complete courses from accredited schools with a grade of a 2.0 "C or better. Shiffrin Grant Program: Need-based, direct-to-athlete stipends that help support all aspects of athletes' sports careers. Flight Training Grant Program: Provides grants to athletes that pursue pilot certificates and ratings. X X X 0 0 0 0 0 0 0 0 0 Sophie Goldshcmidt Chief Executive Officer 113191 452766 73800 295200 0 0 2407 9627 2983 11930 192381 769523 0 0 Trisha Worthington Chief Development Officer 257377 0 76302 0 0 0 12158 0 25840 0 371677 0 0 0 Brooke McAffee Chief Financial & Administrative Off 42406 240302 10136 57439 0 0 1269 7190 0 0 53811 304931 0 0 Part I, Line 3 All compensation is paid through a related party, the United States Ski Association. The Board of the United States Ski Association appoints a compensation committee, comprised solely of independent directors, none of whom have a conflict of interest with respect to the compensation arrangement, to be accountable for setting reasonable compensation packages for each officer and key employee. The compensation committee reviews the compensation each year and a compensation study is performed as needed. X 88 3135655 FMV 0 0 1 0 Part I, Column (b): The Foundation is reporting the total number of contributors in Part I, Column (b). Form 990, Part VI, Section A, line 1a The Executive Committee shall be comprised of at least two directors appointed by the Board of Directors. This committee shall have and may exercise all of the authority of the Board of Directors granted to the committee by the resolution establishing such committee. Form 990, Part VI, Section B, line 11b The Board of Directors has delegated the review of the Form 990 to the CEO and CFO of the United States Ski Association. The CFO and Controller of the United States Ski Association work closely with the outside accounting firm engaged to prepare the return which includes their review of the draft Form 990. The audit committee of the board reviews the finalized drafts prior to providing a final copy to the Board of Directors. Form 990, Part VI, Section B, line 12c The Ethics Committee is charged with monitoring proposed or ongoing transactions for conflicts of interest and addressing any potential or actual conflicts. Pursuant to the conflicts of interest policy, an annual conflict of interest questionnaire, aimed at determining any family and business relationships and transactions or other transactions that may pose a potential conflict, is distributed to all covered persons. The conflict of interest policy is reviewed and signed each year by all members of the board, management and employees. If a conflict does arise, the individual with the conflict will refrain from the discussion and will not vote on the matter. Form 990, Part VI, Section B, line 15 All compensation is paid through a related party, the United States Ski Association. The Board of the United States Ski Association appoints a compensation committee, comprised solely of independent directors, none of whom have a conflict of interest with respect to the compensation arrangement, to be accountable for setting reasonable compensation packages for each officer and key employee. The compensation committee reviews the compensation each year and a compensation study is performed as needed. Form 990, Part VI, Section C, line 19 The Organization's governing documents, conflict of interest policy, and financial statements are available for public inspection upon request. These documents are also available for inspection from the Organization's website. Form 990 Part VII and Part IX: All employees listed in Part VII are paid by a related organization, United States Ski Association (USSA). USSA issues all W-2s related to compensation paid. Compensation listed in Part VII and in Part IX reflects the portion of total compensation and benefits allocated to this organization based on hours devoted to this organization by the employees. United States Ski Association PO Box 100 Park City UT 84060 870480724 Support Athletics UT 501(c)(3) Line 10 N/A 0 USSA Investment Fund PO Box 100 Park City UT 84060 203899237 Support Athletics UT 501(c)(3) Line 12b, II United States Ski Association 0 Center of Excellence Properties Fund PO Box 100 Park City UT 84060 261302567 Support Athletics UT 501(c)(3) Line 12a, I United States Ski Association 0 United States Ski Team Inc PO Box 100 Park City UT 84060 840678334 Support Athletics CO N/A C 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0