2024-11-15T19:56:49-06:00 2023-12-31 201766527 WAUGH & GOODWIN LLP 2925 PROFESSIONAL PLACE STE 201 COLORADO SPRINGS CO 80904 990 2023-01-01 840973909 US AMATEUR WEIGHTLIFTING FOUNDATION USAM 7198664508 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 MATT SICCHIO CHIEF EXECUTIVE OFFICER - USAWL 7198664508 2024-11-15 1 1 JILL J GOODWIN CPA P00450838 7195909777 2024-11-15 2023 2024-10-15 13:58:12Z MATT SICCHIO 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 266148 0 X HTTPS://WWW.USAWEIGHTLIFTINGFOUNDATION.ORG/ X 1985 CO THE US AMATEUR WEIGHTLIFTING FOUNDATION WAS ORGANIZED FOR THE BENEFIT AND SUPPORT OF USA WEIGHTLIFTING INC. THE FOUNDATION'S VISION IS TO EXPAND WEIGHTLIFTING ACCESS AND EDUCATION TO ALL BY OFFERING A PLATFORM FOR PERSONAL STRENGTH AND TRANSFORMATION. THROUGH NURTURING USE OF THE BARBELL AT ALL LEVELS AND MAKING WEIGHTLIFTING EVERYONE'S SPORT, WE WILL BUILD A STRONGER SOCIETY. 10 10 0 0 0 0 146230 227034 0 0 46606 39114 -71067 0 121769 266148 0 175000 0 0 0 0 78000 88441 151263 23044 91200 101044 354641 20725 -88493 1750551 1802479 218 6959 1750333 1795520 X BY DIRECTLY SUPPORTING THE NATIONAL GOVERNING BODY FOR USA WEIGHTLIFTING, THE US AMATEUR WEIGHTLIFTING FOUNDATION BUILDS THE STRENGTH COMMUNITY AT EVERY LEVEL UP TO THE OYLMPIC TEAM, AND EXPANDS ACCESS AND EDUCATION FOR THE SPORT, ALL FOR THE BENEFIT OF PERSONAL AND SOCIETAL TRANSFORMATION. 0 0 175000 175000 WHEN FUNDS ARE AVAILABLE, THE FOUNDATION AWARDS GRANTS TO USA WEIGHTLIFTING TO ENCOURAGE, IMPROVE AND PROMOTE WEIGHTLIFTING IN THE UNITED STATES. 175000 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 X ANDREA ANDREWS 7198663380 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 X TIMOTHY LANEY CHAIRMAN 1.00 X X 0 0 0 GUNNAR PETERSON DIRECTOR 1.00 X 0 0 0 STEVEN S SMITH DIRECTOR 1.00 X 0 0 0 SHANE SEVCIK DIRECTOR 1.00 X 0 0 0 AIMEE RICE DIRECTOR 1.00 X 0 0 0 GARY SHIFFMAN DIRECTOR 1.00 X 0 0 0 BRUCE ORECK DIRECTOR 1.00 X 0 0 0 MARY THEISEN-LAPPEN DIRECTOR 1.00 X 0 0 0 KATIE VIBRANT ATHLETE REPRESENTATIVE 1.00 X 0 0 0 MARK HENRY ATHLETE REPRESENTATIVE 1.00 X 0 0 0 MATT SICCHIO CEO, USA WEIGHTLIFTING 5.00 50.00 X 0 280325 0 0 280325 0 0 0 1 0 0 227034 227034 18091 18091 21023 0 21023 21023 21023 266148 21023 0 18091 175000 175000 16607 16607 88441 88441 2900 2900 6500 6500 44449 44449 1691 1691 DUES & FEES 7180 7180 CREDIT LOSS EXPENSE 6000 6000 SUPPLIES & MATERIALS 5873 5873 354641 175000 28378 151263 151457 39978 85000 79000 1084 77701 1513010 1605800 1750551 1802479 218 6959 218 6959 X 1665333 1716520 85000 79000 1750333 1795520 1750551 1802479 -88493 133680 0 X 0 0 0 X X 1 USA WEIGHTLIFTING INC 311012362 10 1 175000 0 1 175000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SECTION C LINE 1 THE SUPPORTED ORGANIZATION'S CEO IS DIRECTLY INVOLVED IN THE FOUNDATION AND IS A NON-VOTING MEMBER OF THE SUPPORTING ORGANIZATION'S BOARD OF DIRECTORS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 USOPE POOLED FUND 1605800 F 1605800 X PART X, LINE 2: THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL INCOME TAX. ACCORDINGLY, NO INCOME TAX PROVISION HAS BEEN RECORDED. THE FOUNDATION'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, ARE SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE DATE THEY WERE FILED. MANAGEMENT OF THE FOUNDATION BELIEVES THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. X X X 0 CFC COLLECTIVE 216 MAIN STREET EDWARDS CO 81632 EXPANSION OF FUNDRAISING SERVICES AND ASSISTANCE WITH FUNDRA 0 0 88441 -88441 88441 -88441 RAISE THE BAR GALA SCHEDULE G, PART I, LINE 2B, COLUMN (V) PAYMENTS WERE MADE TO CFC COLLECTIVE FOR ASSISTANCE IN DEVELOPING AND ENHANCING THE FUNDRAISING ACTIVITIES OF THE FOUNDATION. 1 USA WEIGHTLIFTING INC 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 311012362 501(C)(3) 175000 0 SUPPORT FOR USA WEIGHTLIFTING PROGRAMS 1 0 PART I, LINE 2: THE FOUNDATION MADE GRANTS TO IT'S SUPPORTED ORGANIZATION, USA WEIGHTLIFTING, INC. PERIODIC REPORTS ON AMOUNTS SPENT ARE REQUIRED TO BE PROVIDED TO THE FOUNDATION. 0 0 0 0 0 0 0 0 0 MATT SICCHIO CEO, USA WEIGHTLIFTING 0 245635 0 0 0 34690 0 0 0 0 0 280325 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD HAS THE OPPORTUNITY TO REVIEW A DRAFT OF FORM 990 PRIOR TO FILING. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION ADDRESSES CONFLICT OF INTEREST IN ITS BYLAWS. THERE IS NO RESPECTIVE STANDARDIZED CONFLICT OF INTEREST FORM FOR THE FOUNDATION, HOWEVER THE FOUNDATION FOLLOWS A SIMILAR MONITORING PROCESS AS THE SOLE MEMBER, USA WEIGHTLIFTING. FORM 990, PART VI, SECTION C, LINE 18 THE 990 IS AVAILABLE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST FORM 990 PART VII MATT SICCHIO RECEIVES COMPENSATION FROM USA WEIGHTLIFTING, INC., A RELATED PARTY, FOR SERVICES TO THE RELATED PARTY. NO COMPENSATION IS RECEIVED FOR SERVICE ON THE BOARD OF DIRECTORS OF THE FOUNDATION. USA WEIGHTLIFTING INC 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 311012362 TO PROMOTE AND GROW THE SPORT OF WEIGHTLIFTING IN THE UNITED STATES. CO 501(C)(3) LINE 10 USA WEIGHTLIFTING INC 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0