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United States Sailing Association Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 131671529 ✦ Bristol, RI ✦ Designated as a 501(c)(3)

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Overview

What is United States Sailing Association Inc?

United States Sailing Association Inc, located in Bristol, Rhode Island, is a nonprofit organization dedicated to promoting sailing participation and excellence. They support teams and individuals preparing for Olympic competitions, offering comprehensive training and resources. Their services range from coaching and health and nutrition counseling to physical and psychological strengthening, logistics, and weather forecasting. The organization's mission is to encourage sailing growth and achievement through education, competition, and equal opportunity, all while adhering to fair play, sportsmanship, and safety principles. With a workforce of 75 employees, the United States Sailing Association Inc is a committed force in the sailing community.


Official website here: www.ussailing.org/

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 93%, Four-Star out of Four Star rating.

The United States Sailing Association Inc has received a strong rating of 93%, indicating a high level of accountability and financial management. With a Four-Star rating, the organization demonstrates robust practices in governance, including having a majority of independent board members and well-structured oversight committees. This level of transparency is further emphasized by their clear conflict of interest and whistleblower policies, which are essential for maintaining trust.

Financially, the organization excels with a program expense ratio of 82.24%, suggesting that a significant portion of its resources is directed towards its core mission rather than administrative costs. The absence of material diversion of assets underscores the organization’s commitment to ethical management. However, while their liabilities to assets ratio appears reasonable, it reflects a potential area for improvement in financial stability.

Overall, the United States Sailing Association Inc showcases a commitment to accountability and effective governance, making it a reliable choice for donors looking to support sailing initiatives. However, ongoing attention to financial ratios and the management of liabilities will be important for sustaining this positive reputation.


This AI summary has been generated from information found on Charity Navigator.

Is United States Sailing Association Inc legitimate?

United States Sailing Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Sailing Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $887,729
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,917,255

For more financial information, click here


Official website here: www.ussailing.org/

What is the mission statement of United States Sailing Association Inc?

The United States Sailing Association Inc strives to promote sailing participation and excellence through education, competition, and equal opportunity, while adhering to the principles of fair play, sportsmanship, and safety. Their mission is to expand sailing's reach and enhance skills, providing a level playing field for all. The organization supports teams and individuals preparing for Olympic competitions, offering coaching, health and nutritional guidance, physical and psychological strengthening, logistical assistance, and weather forecasting services to aid their preparations.


Official website here: www.ussailing.org/

Who is the CEO of United States Sailing Association Inc?

Heather Monoson is the Chief Executive Officer/Non Voting of United States Sailing Association Inc. The CEO's salary of United States Sailing Association Inc is $389,783 and their total compensation is $415,271.


Official website here: www.ussailing.org/

What is the revenue of United States Sailing Association Inc?

United States Sailing Association Inc's revenue in 2022 was $14,807,478.


Official website here: www.ussailing.org/

Who are the executives of United States Sailing Association Inc and what are their salaries?

The average compensation at United States Sailing Association Inc during 2022 was $64,066. There are 75 employees and 350 volunteers at United States Sailing Association Inc.


Here are 23 key members and their salaries (United States Sailing Association Inc's CEO's salary is $389,783 and their total compensation is $415,271):


Alan Ostfield (Chief Executive Officer/Non Voting)
  • Compensation: $389,783
  • Related: $0
  • Other: $25,488
Richard Jepsen (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Rogers (Vice President/Director (As Of 10/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
John Schoendorf (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Arms (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Brauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Healy (Director (As Of 10/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Lihan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Honey (Director (As Of 10/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Lucas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Rey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judge Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maggie Shea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Shaffer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Tolle (Director (As Of 10/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
William Ruh (Director-Foundation President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Monoson (Chief Financial Officer)
  • Compensation: $189,287
  • Related: $0
  • Other: $10,054
Paul Cayard (Olympic Executive Director)
  • Compensation: $253,781
  • Related: $0
  • Other: $19,337
Jill Nosach (Chief Development Officer (To 10/22))
  • Compensation: $178,194
  • Related: $0
  • Other: $15,396
Luther Carpenter (Olympic Head Coach)
  • Compensation: $138,489
  • Related: $0
  • Other: $0
Riley Schutt (Usst Ir&D Performance Anay)
  • Compensation: $130,758
  • Related: $0
  • Other: $0
Andrew Clouston (Svp Programs & Services)
  • Compensation: $143,071
  • Related: $0
  • Other: $9,850
Jose L Spina (Director-Odp)
  • Compensation: $134,271
  • Related: $0
  • Other: $0


Official website here: www.ussailing.org/

Where can I find the form 990 for United States Sailing Association Inc?

United States Sailing Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ussailing.org/

Learn more at the official website: www.ussailing.org/

Mission Statement of United States Sailing Association Inc

United States Sailing Association Inc, a renowned nonprofit organization, is committed to expanding sailing participation and fostering excellence through education, competition, and equal opportunity. Adhering to the principles of fair play, sportsmanship, and safety, the Association nurtures teams and individuals preparing for Olympic competitions.

The United States Sailing Association Inc's mission lies in cultivating a vibrant sailing community by increasing engagement and skill levels. By providing education and opportunities for competition, the Association empowers individuals to excel in this engaging and challenging sport. Equal opportunity is a cornerstone of the organization's ethos, ensuring that anyone, regardless of background, has a chance to develop their sailing abilities.

Moreover, the United States Sailing Association Inc goes above and beyond in supporting its Olympic teams and individuals. The organization offers a range of resources, from coaching and health and nutrition counseling, to physical and psychological strengthening, logistics, and weather forecasting assistance. By providing comprehensive support, the Association enables its athletes to thrive and maximize their potential on the international stage.

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Impact




October, 2024

The United States Sailing Association Inc significantly enhances sailing participation and excellence across the nation. Its focus on education, competition, and equal opportunity fosters a diverse community of sailors, encouraging individuals from all backgrounds to engage in the sport. The organization's Olympic program plays a crucial role in preparing athletes for international competition, providing comprehensive support that includes coaching, health and nutrition counseling, and logistical assistance. By upholding principles of fair play, sportsmanship, and safety, the association cultivates an environment where athletes can thrive, ultimately elevating the standard of sailing in the United States. Through these efforts, the association not only nurtures aspiring sailors but also strengthens the overall sailing community, ensuring a vibrant future for the sport.




This information is meant to be a general summary of United States Sailing Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$14,807,478 (2022)
Expenses
$14,102,629 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $63,368
  • Program Service Revenue: $6,288,354
  • Gross Receipts: $15,297,687

Assets and Liabilities:

  • Total Assets: $11,705,782
  • Total Liabilities: $6,904,143
  • Net Assets: $4,801,639

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

YOUTH PROGRAMS

Revenue

$2,320,421

ADULT PROGRAMS

Revenue

$1,930,177

OLYMPIC PROGRAM

Revenue

$1,088,405

OFFSHORE RACE SUPPORT

Revenue

$848,175

OTHER EDUCATION SERVIC

Revenue

$101,176

Organization Details

Founding Year

1897

Principal Officer

Heather Monoson

Main Address

1 ROGER WILLIAMS UNIVERSITY WAY, BRISTOL, RI, 02809

NTEE Category

Code: N670 - Recreation

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