USA Swimming Inc

“The bylaws of the organization were amended : (1) at least 50% of the 10-year athlete representatives on the board, are required to have obtained 1o-year athlete eligibility through competing at an event that, at the time of election/section, is on a delegation event program, (2) board members who have failed to attend to their official duties or have done so improperly, will be referred to the ethics committee for investigation. The ethics committee will conduct its investigation, and may impose sanctions. If board member removal is appropriate, the ethics committee will make the recommendation to the entity that elected the board. (3) a board member will be deemed to have resigned from the board upon the termination or suspension of such board's membership, as a result of (a) loss of qualifications, (b) a finding by the national board of review of a violation of the usa swimming code of conduct, (c) a background screen with an automatic disqualifier, and/or (d) a finding by a third party with the authority to make such adjudication of the board member's membership or participation in the u.s. Olympic and paralympic movement; and (4) provision was made for nominees to the house of delegates to be nominated by themselves, or a third party, providing adherence to the campaign rules and designated timely filings.”

“The corporation is a membership organization. There are two classes of non-voting members, groups and individuals. Members have representation through the house of delegates (hod). Each local swimming committee (lsc) has members in the hod, athletes are elected to the hod, and other constituency groups elect and appoint members to the hod.”

“MEMBERS OF THE BOARD OF DIRECTORS ARE ELECTED BY THE house of delegates (HOD), ELECTED BY THE ATHLETES, APPOINTED BY A USA SWIMMING COMMITTEE, AND ELECTED BY ALLIED ORGANIZATIONS.”

“The hod is responsible for the following actions: 1) election of certain board members 2) approval of changes to the rulebook 3) approval of certain changes to the bylaws”

“The form is distributed to the entire board of directors via email and are given the opportunity to provide input before filing.”

“EACH DIRECTOR, OFFICER, COMMITTEE MEMBER AND EMPLOYEE SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: 1. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, 2. HAS READ AND UNDERSTANDS THE POLICY, 3. HAS AGREED TO COMPLY WITH THE POLICY, AND 4. UNDERSTANDS THAT USA SWIMMING IS A CHARITABLE ORGANIZATION AND IN order tO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. THE DISCLOSURE STATEMENTS SHALL BE REVIEWED BY USA SWIMMING'S GENERAL COUNSEL. ANY ISSUES NOT PREVIOUSLY DISCLOSED SHALL BE REFERRED BY HIM OR HER TO THE BOARD OR APPROPRIATE COMMITTEE. THE DISCLOSURE STATEMENTS SHALL BE RETAINED IN THE FILES OF THE GENERAL COUNSEL. AT THE BEGINNING OF EACH BOARD MEETING, BOARD MEMBERS ARE ASKED TO DISCLOSE ANY CONFLICTS OF INTEREST.”

“a SPECIAL COMMITTEE OF THE BOARD OF DIRECTORS DEVELOPED AN EMPLOYMENT CONTRACT FOR THE CURRENT ceo USING COMPARABLE COMPENSATION DATA FROM OTHER NATIONAL GOVERNING BODIES AND LIKE INDUSTRIES. THE HUMAN RESOURCE DEPARTMENT REVIEWS SALARY SURVEYS AND DATA FROM OTHER NATIONAL GOVERNING BODIES TO SET AND ADJUST COMPENSATION FOR OFFICERS AND OTHER KEY EMPLOYEEs.”

“THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. THE ORGANIZATION WILL also PROVIDE IN A TIMELY MANNER, COPIES OF ALL GOVERNING DOCUMENTS, INCLUDING ITS CONFLICT OF INTEREST POLICy AND FINANCIAL STATEMENTS WHEN REQUESTED IN WRITING OR IN PERSON.”

“The number of hours of officers, key employees, and highly compensated employees is based on number of hours for a full time position. The hours do not reflect actual hours spent by these employees.”

“Partnerships & Event Marketing: The team conducted multiple fan activation and corporate hospitality opportunities at all major championship events, including Phillips 66 National Championships and Toyota US Open. 2022 marked the end of partnership deals with two sponsors, but also ushered in new relationships with major long-term partners and licensees. Business Intelligence and Digital Platforms: 2022 focused on implementing Salesforce Marketing Cloud as our new marketing automation system. Marketing Cloud expands the organization's audience segmentation capabilities via a direct connection to the SWIMS database and adds automated marketing journeys as an additional communication tool. Communications: Media relations centered around numerous domestic and international competitions, with a keen focus also on strong internal communications to our nearly 400,000 members. The team published one printed editorial Splash magazine, which served as a Trials meet program for all USA Swimming member households, so fans could follow along with the excitement at home.”

“Events (continued): Other championship-level events that featured TV and/or live webcast included five TYR Pro Swim Series events, Junior Pan Pacific Championships, Open Water National Championships, three Speedo Junior National Championships, five Futures Championships, and 22 Speedo Sectional Championships. USA Swimming also provided support for other championship events including the Senior, Age Group, and Open Water Zone Championships.”

“Risk Management: As a benefit of membership, USA Swimming provides members and volunteers with participant accident insurance. Member clubs are also provided commercial general liability insurance to cover third party injury and property damage claims and allow clubs to use facilities that require proof of third-party liability insurance coverage. Elite Athlete Health Insurance and Sports Injury Coordination of Benefits are provided to national team athletes that elect to participate in the program. Domestic and International Travel Accident Insurance is provided to athletes, coaches and support personnel who travel to competitions. Foreign Commercial Liability Insurance Coverages are also provided to team, staff and volunteers who travel on behalf of the USA Swimming national teams. Medical Professional Liability Insurance is provided to health care professionals who act as event volunteers to the USA Swimming team at the request of the National Team or upon application to USA Swimming. Sport Development: In 2022, Sport Development again increased its Diversity, Equity and Inclusion scope by providing Community Impact Grants to over twenty USA Swimming Clubs across the country to expand access to competitive swimming programs in communities that have traditionally lacked access. In addition, we provided grants to several Historically Black Colleges and Universities to create community based competitive swimming and learn-to-swim programs in their campus pools. USA Swimming launched the new USA Swimming University online coach education platform and Coach Certification program. This is the first major revision of USA Swimming's online coach education in 15 years. Further, USA Swimming's organization-wide digital transformation progress includes preparing to launch a full re-architecture and design of the SWIMS membership database, implementing online member registration, and redevelopment of several member serving proprietary software applications. USA Swimming also provided in-person camp opportunities to athletes and coaches attending National Select Camps, National Diversity Select Camps, Zone Select Camps (4), and Regional Diversity Camps (3). These camps provide comprehensive learning and development opportunities for promising athletes (370) and coaches (80) preparing them for potential future National Junior Teams and National Teams. Our Team Services group continues to provide support for clubs on business operations, governance, performance, athlete development, and membership support. The group launched several highly successful educational initiatives to support coaches in 2022, including a collaboration with grassroots leaders on Women in Governance, Coaching 10 and Under Athletes, and Practice Data research.”

“usa swimming, inc IS PART OF A CONSOLIDATED ENTITY REPORTING ON SEPARATE 990S. AS SUCH, CERTAIN FUNCTIONS AND THE RELATED EXPENSES ARE REPORTED IN A SEPARATE ENTITY. PLEASE SEE usa swimming foundation FOR ADDITIONAL INFORMATION.”

“THE BEGINNING BALANCE FOR LINE 25, other liabilities, WAS UPDATED TO REPORT $760,898 of insurance loss reserve FROM LINE 24, unsecured notes and loanS payable.”

“The organization has an audit committee that assumes responsibility for selecting the independent auditor for the financial statement audit. This process has not changed from prior years.”