USA Gymnastics

“Usa gymnastics has two classes of members that have the right to elect positions to the board of directors. According to the bylaws, members shall have no ownership rights or beneficial interests of any kind in the property of the organization.”

“Usa gymnastics has two classes of members who can elect members of the board of directors. The first class of members is the professional members, made up of coaches & judges. The professional members have the right to collectively elect 7 positions to the board of directors. The second class of members is the athlete members, made up of athletes who have either participated in the olympics within 10 years or have been a national team member within 18 months. The athlete members have the right to collectively elect 5 positions to the board of directors.”

“The form 990 is reviewed in detail by the cfo and president. Then, a final draft of the form 990 is distributed via email to every member of the board of directors before it is filed with the irs.”

“A conflict of interest questionnaire is completed by every director, officer, member of any committee, and employee. The questionnaires are then reviewed by the president; the ethics committee is charged with reviewing the president's conflict of interest questionnaire. Potential conflicts of interest are brought to the attention of the president of the board, who then directs the matter to the board of directors. This process is done annually. No director, officer, member of any committee, or employee shall participate in the negotiation, evaluation or approval by the organization of any contractual arrangement in which there is an actual or potential conflict of interest. Each director, officer, member of any committee, or employee, upon learning that the organization is proposing to enter into an arrangement in which he or she has a financial interest in such arrangement, promptly notifies the president in writing of the existence of such interest, and the president in turn discloses such interest to the board of directors.”

“The compensation of the president is reviewed by the board of directors annually. The board uses other organizations' forms 990 and directly contacts other organizations (including other national governing bodies) to obtain comparability data and to ensure compensation is reasonable. The decisions are documented in the board minutes. This process was last undertaken in 2012, for his multi year contract ending in 2016. For other top management personnel, the compensation is reviewed by the finance, audit, and compensation committee on an annual basis.”

“The compensation of other officers is determined by the president. The president does not use comparability data for his determination of compensation. The decision is documented in each person's employee file. The process was last undertaken in 2013.”

“The organization's financial statements, tax returns, and governing documents are available to the public via the organization's website. The conflict of interest policy, however, is not available to the public at this time.”

“None of the board members are paid for their services as a board member. However, some board members do receive compensation as a coach, judge, or for other services to the organization, and that reportable compensation is reflected in part vii.”

“Admin service fees - total expense: 869660, program service expense: 732448, management and general expenses: 137212, fundraising expenses: ; gymnastics fees (coaching/judging/clinicians) - total expense: 2198230, program service expense: 2198230, management and general expenses: 0, fundraising expenses: ;”