USA Gymnastics

“Usa gymnastics has three classes of members that have the right to elect positions to the 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 board of directors shall consist of 15 members, selected as follows: 1) three national membership directors are elected by a national program committee in proportion to the number of professional members in the various gymnastics disciplines. The current national membership directors represent womens artistic gymnastics, mens artistic gymnastics, and one for the remaining disciplines of rhythmic, trampoline and tumbling, and acrobatic. 2) three athlete directors are elected in proportion to the number of athlete members in the various gymnastics disciplines. Athlete representatives are first elected to the athletes council and must meet the federal statutory and usopc qualifications for athlete representatives. 3) eight independent directors are elected by the board, to include the board chair. 4) one director is elected by the advisory council to the board of directors.”

“No committees have authority to act on behalf of the governing body.”

“Form 990 was prepared by a national accounting firm in conjunction with the organization's financial department. The form 990 was reviewed in detail by management. After review a final draft was presented to the full board of directors prior to filing with the internal revenue service.”

“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 presidents, the board of directors, and senior managements conflict of interest questionnaire. Potential conflicts of interest are brought to the attention of the chair 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 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 finance, audit and compensation committee along with the full board of directors analyzes, reviews and ultimately determines compensation for the ceo of the organization.”

“The ceo is responsible for analyzing, reviewing and determining the compensation for executives and key employees of the organization.”

“The organization's governing documents and financial statements are available to the public on our website. The conflict of interest policy however is currently not available to the public.”

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

“1) HOSTED COMPETITIONS AS THE NATIONAL GOVERNING BODY OF THE SPORT OF GYMNASTICS, 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: $2,991,669. REVENUE: $2,666,995. 2) 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 WEBSITE AND HAS A FACEBOOK PAGE TO QUICKLY DELIVER UPDATED INFORMATION TO ITS MEMBERS AND FANS OF THE SPORT ALIKE. EXPENSES: $649,392. REVENUE: $154,586. 3) Medical - USA Gymnastics is committed to providing a safe environment and creating a foundation for competitive excellence both in and beyond the gym. For on-site events, USA Gymnastics provides splinting, wound care, massage therapy, therapeutic modalities, injury evaluation and treatment. USA Gymnastics provides long and short-term treatment and rehabilitation plans for all gymnastics disciplines including Men's and Women's Artistic, Rhythmic. Acrobatics and Trampoline. These initiatives support our commitment to athlete safety. EXPENSES: $600,396.”