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United States Sailing Foundation

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

EIN: 222667411 ✦ Bristol, RI ✦ Designated as a 501(c)(3)

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Overview

What is United States Sailing Foundation?

The United States Sailing Foundation, located at 1 Roger Williams University Way, Bristol, Rhode Island 02809, is a nonprofit organization with a dedicated mission. It primarily supports the initiatives and programs developed by its related organization, the United States Sailing Association, Inc. The foundation's role is to provide the necessary financial resources for this association to create innovative solutions and revitalize sailing as a sport for future generations. By directly backing its affiliated non-profit, the United States Sailing Foundation aims to contribute to the growth and development of sailing activities.


Official website here: www.ussailing.org

Is United States Sailing Foundation legitimate?

United States Sailing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Sailing Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $556,743

For more financial information, click here


Official website here: www.ussailing.org

What is the mission statement of United States Sailing Foundation?

The United States Sailing Foundation's mission is centered around supporting its related organization, the United States Sailing Association, Inc. Specifically, it aims to secure the necessary financial investments for the association to innovate and revitalize sailing for the future. The foundation provides support for programs developed by the association, aiming to contribute positively to the development and growth of sailing as a sport.


Official website here: www.ussailing.org

Who is the CEO of United States Sailing Foundation?

Heather Monoson is the Chief Executive Officer of United States Sailing Foundation. The CEO's salary of United States Sailing Foundation is $0 and their total compensation is $415,271.


Official website here: www.ussailing.org

What is the revenue of United States Sailing Foundation?

United States Sailing Foundation's revenue in 2022 was $8,909,851.


Official website here: www.ussailing.org

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

There 10 volunteers at United States Sailing Foundation.


Here are 17 key members and their salaries (United States Sailing Foundation's CEO's salary is $0 and their total compensation is $415,271):


Alan Ostfield (Chief Executive Officer)
  • Compensation: $0
  • Related: $389,783
  • Other: $25,488
William Ruh (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Keane (Vice President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lovell (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Darden (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Whidden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Lindquist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory Sertl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Koch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Siebel (Trustee (To 1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Burton (Trustee (To 1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
James M Schoonmaker (Trustee (To 12/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Meehan (Trustee (To 1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Jepsen (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Smith (Director (As Of 2/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Monoson (Chief Finance Officer)
  • Compensation: $0
  • Related: $189,287
  • Other: $10,054
Jill Nosach (Chief Development Officer (To 10/22))
  • Compensation: $0
  • Related: $178,194
  • Other: $15,396


Official website here: www.ussailing.org

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

United States Sailing Foundation'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 Foundation

The United States Sailing Foundation's mission revolves around supporting its related organization, the United States Sailing Association, Inc. Specifically, the foundation aims to secure the necessary financial investments required for the United States Sailing Association to innovate and revitalize the sport of sailing for future generations. By providing support for the programs developed by its affiliated organization, the United States Sailing Foundation plays a crucial role in the advancement and growth of sailing as a sport.

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Impact




October, 2024

The United States Sailing Foundation plays a crucial role in enhancing and revitalizing the sport of sailing across the nation. By securing financial investments, it enables the United States Sailing Association to develop innovative programs and initiatives that promote sailing as a recreational activity. This support helps to increase participation in sailing, foster community engagement, and ensure the sustainability of the sport for future generations. Through its efforts, the foundation not only strengthens the sailing community but also contributes to the broader recreational landscape, facilitating opportunities for learning and enjoyment on the water.




This information is meant to be a general summary of United States Sailing Foundation. 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
$8,909,851 (2022)
Expenses
$8,457,567 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $115,136
  • Gross Receipts: $9,137,893

Assets and Liabilities:

  • Total Assets: $13,551,036
  • Total Liabilities: $6,170,912
  • Net Assets: $7,380,124

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Organization Details

Founding Year

1985

Principal Officer

Heather Monoson

Main Address

1 ROGER WILLIAMS UNIVERSITY WAY, BRISTOL, RI, 02809

NTEE Category

Code: N11 - Recreation

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