USA Gymnastics

“USA Gymnastics has three 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 three 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, club owners & judges. The professional members have the right to elect positions within their discipline to the board of directors. The second class of members is the athlete members, made up of athletes who have either participated in the Olympic/World Champs/Pan Am Games within 10 years or have been a national team member within 2 years. The athlete members have the right to collectively elect 5 positions to the board of directors. the advisory council, consisting of gymnastics related organizations, appoints 3 members to the Board. A third class of members are the organizational members (YMCA, AAU etc), which as a group, appoint 3 members to the Board of Directors. The Board itself elects a Chair and other officers, as well as appointing Public Sector members.”

“The organization does not have any committees with authority to act on behalf of the governing body.”

“The form 990 is reviewed in detail by the management. In addition, a final draft of the form 990 was presented to the Board of Directors before it was filed with the IRS.”

“A Conflict of Interest questionnaire is completed by every Director, officer, member of any committee, and employee. The staff questionnaires are then reviewed by the President; the ethics committee is charged with reviewing the President's, the Board of Directors', and senior management'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 full 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 COMMITTEE AND THE FULL BOARD OF DIRECTORS REVIEW CEO COMPENSATION ANNUALLY, UTILIZING INFORMATION PROVIDED IN AN IN-DEPTH COMPENSATION STUDY THAT WAS CONDUCTED BY AN EXTERNAL PARTY IN 2014. THIS PROCESS IS DOCUMENTED IN THE BOARD MEETING MINUTES, AND WAS LAST UNDERTAKEN IN 2017. In 2014, the Board of Directors commissioned a compensation review for the upper management and department directors of the organization, including the President/CEO, COO, CFO, VPS of Marketing, Communications, and Member Services, Program Directors, and Event Director. THE INFORMATION GATHERED DURING THIS ANALYSIS REMAINS RELEVANT FOR THE CURRENT YEAR COMPENSATION REVIEW FOR THE CEO.”

“THE CEO IS RESPONSIBLE FOR REVIEWING AND DETERMINING THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES. AFTER THE CEO DETERMINES EACH INDIVIDUAL'S ANNUAL SALARY, THE AMOUNTS ARE SHARED WITH AND REVIEWED BY THE FINANCE COMMITTEE. IN EVALUATING ANNUAL COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES, THE CEO AND FINANCE COMMITTEE UTILIZE INFORMATION PROVIDED IN AN IN-DEPTH COMPENSATION STUDY THAT WAS CONDUCTED BY AN EXTERNAL PARTY IN 2014. THIS PROCESS IS DOCUMENTED IN THE FINANCE COMMITTEE MEETING MINUTES, AND WAS LAST UNDERTAKEN IN 2016. The Board of Directors commissioned a compensation analysis in 2014 that was used in the deliberative process of the President to evaluate and establish compensation levels of the other executive and management staff. The analysis included information of local and national sports organizations of similar size and scope. THE INFORMATION GATHERED DURING THIS ANALYSIS REMAINS RELEVANT FOR THE CURRENT YEAR COMPENSATION REVIEW FOR OTHER OFFICERS/KEY EMPLOYEES.”

“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 as part of the organization's operations, and that reportable compensation is reflected in Part VII.”

“Commission Rev - Total Revenue: 7553, Related or Exempt Function Revenue: , Unrelated Business Revenue: 7553, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Misc REvenue - Total Revenue: 47161, Related or Exempt Function Revenue: 47161, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“Based on the detailed assessment of an independent review, USA Gymnastics has overhauled its safe sport and child welfare policies as well as numerous governance and operational procedures in order to provide a safe environment for all participants.”

“(Expenses $ 4,831,744 including grants of $)(Revenue $ 4,080,403) HOSTED COMPETITIONS: AS THE NATIONAL GOVERNING BODY OF THE SPORT OF GYMNASTICS, THE USA GYMNASTICS CONDUCTS REGIONAL, NATIONAL AND INTERNATIONAL COMPETITIONS, INCLUDING THE NATIONAL CHAMPIONSHIPS AND OLYMPIC TRIALS. USA GYMNASTICS INCURS ALL EXPENSES RELATED TO THE EVENTS, INCLUDING BUT NOT LIMITED TO, TRAVEL, ARENA RENTAL, PROMOTION, STAFFING, AWARDS, AND TELEVISION PRODUCTION.”

“(Expenses $ 1,847,571 including grants of $ 0)(Revenue $ 0) COMMUNICATIONS: USA GYMNASTICS PROMOTES THE SPORT AND HELPS DELIVER THE POSITIVE MESSAGE OF BEING INVOLVED IN THE SPORT OF GYMNASTICS VIA A VARIETY OF PLATFORMS. MEDIA RELEASES ABOUT UPCOMING EVENTS, ATHLETES' COMPETITIVE SUCCESS OVERSEAS, AND OTHER GYMNASTICS RELATED STORIES ARE GENERATED ON A DAILY BASIS. USA GYMNASTICS MAINTAINS A WEB SITE, HAS A FACEBOOK PAGE, AND ISSUES SEVERAL PUBLICATIONS TO QUICKLY DELIVER UPDATED INFORMATION TO ITS MEMBERS AND FANS OF THE SPORT ALIKE.”

“Admin Service Fees - Total Expense: 2349761, Program Service Expense: 2091403, Management and General Expenses: 258358, Fundraising Expenses: ; Gymnastics fees (coaching/judging/clinicians) - Total Expense: 1872302, Program Service Expense: 1868502, Management and General Expenses: 3800, Fundraising Expenses: ; Communications consulting expense - Total Expense: 329965, Program Service Expense: 329965, Management and General Expenses: 0, Fundraising Expenses: ;”