2024-07-16T14:47:09-05:00 2023-12-31 591753337 KERKERING BARBERIO & CO PO BOX 49348 SARASOTA FL 342306348 990 2023-01-01 310999051 UNITED STATES MASTERS SWIMMING INC UNIT 9415566271 8388 SOUTH TAMIAMI TRAIL 221 SARASOTA FL 34238 LOWRY DAWSON HUGHES IV CEO 9415566271 2024-07-16 1 LOWRY DAWSON HUGHES IV 999009999 1 REBECCA U STONER P00585910 9413654617 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z LOWRY DAWSON HUGHES IV 8388 SOUTH TAMIAMI TRAIL 221 SARASOTA FL 34238 5213314 0 5064 X WWW.USMS.ORG X 1979 FL U.S. MASTERS SWIMMING, FOUNDED IN 1970 AS A COMMITTEE OF THE AAU, IS A MEMBERSHIP-OPERATED NATIONAL GOVERNING BODY THAT PROMOTES HEALTH, WELLNESS, FITNESS, AND COMPETITION FOR ADULTS, THROUGH SWIMMING. IT DOES SO BY PARTNERING WITH MORE THAN 1,115 ADULT SWIM PROGRAMS ACROSS THE COUNTRY; PROVIDING EXCLUSIVE CONTENT VIA THE BIMONTHLY MEMBER MAGAZINE, SWIMMER, MONTHLY E-NEWSLETTERS, STREAMLINES, AND WEBSITE, USMS.ORG; AND BY SANCTIONING AND PROMOTING POOL, OPEN WATER, AND VIRTUAL EVENTS AND COMPETITIONS. MORE THAN 55,000 ADULTS ARE REGISTERED MEMBERS OF U.S. MASTERS SWIMMING. 16 16 18 324 86952 0 262416 311902 3233278 3609233 62455 121406 60786 129712 3618935 4172253 13450 7200 0 0 1772207 1916498 0 0 42327 2258369 2635939 4044026 4559637 -425091 -387384 6565063 6796706 2651850 2804789 3913213 3991917 X TO PROMOTE HEALTH, WELLNESS, FITNESS AND COMPETITION FOR ADULTS THROUGH SWIMMING. 0 0 2813649 0 3171132 MEMBER SERVICES INCLUDE: EXCLUSIVE FITNESS AND HEALTH INFORMATION AND CONTENT IN SWIMMER MAGAZINE, 36 E-NEWSLETTERS, AND WEBSITE, SPECIAL MEMBERS-ONLY CONTENT INCLUDING WORKOUTS WRITTEN FOR ALL TYPES OF SWIMMERS. THE USMS DISCUSSION FORUMS HAVE 39,000+ USERS, AND USMS ONLINE FITNESS LOGS HAVE 10,000+ USERS. SUPPLEMENTAL INSURANCE COVERAGE IS PROVIDED FOR MEMBERS AND EVENT HOSTS DURING WORKOUTS, CLINICS, AND COMPETITIONS. MEMBERS ARE ALSO ELIGIBLE TO RECEIVE SPECIAL OFFERS, DISCOUNTS, AND BENEFITS FROM USMS SPONSOR PARTNERS. THE SWIMMING SAVES LIVES FOUNDATION, THE CHARITABLE ARM OF USMS, HAS AWARDED MORE THAN $740,000 IN GRANTS AND RESOURCES TO PROGRAMS THAT ARE PROVIDING ADULT LEARN-TO-SWIM OPPORTUNITIES. MORE THAN 8,650 ADULTS HAVE BENEFITED FROM LESSONS TAUGHT BY OUR PROGRAM PARTNERS. CCS IS THE COLLECTIVE ORGANIZATION THAT UNIFIES COLLEGE CLUB SWIM PROGRAMS ACROSS THE COUNTRY. CCS PROVIDES THE RULES, CALENDAR OF EVENTS, RESULTS DATABASE, AND COMMUNICATIONS ACROSS ALL REGISTERED CCS CLUBS. IT'S RUN BY AN ADVISORY BOARD OF CCS SWIMMERS AND SUPPORTED BY USMS AND 3900+ MEMBERS. 230718 0 113930 EDUCATION SERVICES INCLUDE: CLUB DEVELOPMENT AND SUPPORT BY USMS STAFF AND COACHES TO ASSIST CLUBS AND POTENTIAL CLUBS IN EXPANDING OR STARTING NEW PROGRAMS IN THEIR COMMUNITIES. MARKETING RESOURCES ARE PROVIDED AT LOW OR NO COST TO CLUBS AND COACHES. USMS MAINTAINS ITS OWN COACH CERTIFICATION PROGRAMS IN PERSON AND ONLINE. USMS ALSO TEACHES AN ADULT-LEARN-TO SWIM INSTRUCTOR PROGRAM AND STROKE CLINICS. 650979 7200 313431 EVENTS INCLUDE: STRUCTURE, SUPPORT, RECOGNITION, AND COMMUNICATION SERVICES FOR SWIMMING COMPETITIONS AND EVENTS, INCLUDING SPRING AND SUMMER NATIONALS, OPEN WATER SWIMS, LONG DISTANCE POOL SWIMS, COLLEGE CLUB NATIONALS, FITNESS EVENTS, AND VIRTUAL COMPETITIONS. EVENT RESULTS, INCLUDING TOP 10 TIMES AND RECORDS, ARE TRACKED AT USMS.ORG. INSURANCE COVERAGE FOR EVENT HOSTS AND VOLUNTEERS IS PROVIDED, AS WELL AS MARKETING AND PRODUCT SUPPORT, INTERNET BROADCAST OF THE COMPETITIONS, AND AWARDS. IN-PERSON EVENTS WERE RESUMED AS MUCH AS POSSIBLE IN 2021 AFTER COVID-19 RESTRICTIONS AND CONTINUED WITH NATIONAL VIRTUAL EVENTS. 17248 GROWN UP SWIMMING IS A SUMMERTIME ADULT SWIM LEAGUE, OFFERING A FUN WAY FOR ADULTS TO GET INTO SWIMMING AFTER HIGH SCHOOL OR COLLEGE. 17248 3712594 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 60 0 1 18 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 FL X X GARY KEEHNER 9415566271 8388 SOUTH TAMIAMI TRAIL SUITE 221 SARASOTA FL 34238 LOWRY DAWSON HUGHES IV CEO 40.00 X 298140 0 32423 KYLE B DEERY CMO 40.00 X 136243 0 20824 WILLIAM EDWARD BRENNER JR SR. DIRECTOR 40.00 X 127541 0 26440 GARY KEEHNER CONTROLLER 40.00 X 135705 0 15365 JONATHAN DEWITT ECKERT SR. DIRECTOR 40.00 X 116243 0 34764 JESSICA REILLY SR. DIRECTOR 40.00 X 112176 0 14467 PAIGE BUEHLER AT LARGE DIRECTOR 5.00 X 0 0 0 CHARLES COCKRELL AT LARGE DIRECTOR 5.00 X 0 0 0 JEFF COMMINGS AT LARGE DIRECTOR 5.00 X 0 0 0 SUSAN EHRINGER AT LARGE DIRECTOR 5.00 X 0 0 0 JOHN KING AT LARGE DIRECTOR 5.00 X 0 0 0 SUE NUTTY AT LARGE DIRECTOR 5.00 X 0 0 0 BRITTA O'LEARY AT LARGE DIRECTOR 5.00 X 0 0 0 KRIS WINGENROTH AT LARGE DIRECTOR 5.00 X 0 0 0 PETER GUADAGNI PRESIDENT TO SEPT 2023; PAST PRESIDENT TO DEC 12.00 X X 0 0 0 ED COATES VP LOCAL OPS; PRESIDENT EFF SEPT 2023 12.00 X X 0 0 0 CRYSTIE MCGRAIL VP LOCAL OPERATIONS EFF SEPT 2023 6.00 X X 0 0 0 CHRIS COLBURN VP OF ADMINISTRATION TO SEPT 2023 6.00 X X 0 0 0 JULIE DUSSLIERE VP OF ADMINISTRATION EFF. SEPT 2023 6.00 X X 0 0 0 ROBIN SMITH VP OF PROGRAMS 6.00 X X 0 0 0 PATTY MILLER PAST PRESIDENT TO SEPT 2023 5.00 X X 0 0 0 CARRIE STOLAR SECRETARY 10.00 X X 0 0 0 TEDDY DECKER TREASURER TO SEPT 2023 10.00 X X 0 0 0 JILL GELLATLY TREASURER EFF. SEPT 2023 10.00 X X 0 0 0 CHRIS CAMPBELL VP COMMUNITY SRVCS TO SEPT 2023 6.00 X X 0 0 0 KENNY BRISBIN VP COMMUNITY SRVCS EFF. SEPT 2023 6.00 X X 0 0 0 926048 0 144283 6 0 1 0 CODEWOLF LLC 87 WILD ROSE CIR SHELBURNE VT 05482 IT PLANNING, IMPLEMENTATION & SUPPORT 250836 1 311902 34120 311902 MEMBERSHIP DUES 900099 3166649 3166649 CHAMPIONSHIP MEETS 900099 313431 313431 CONTINUING EDUCATION 900099 113930 113930 PUBLICATION SALES 513120 15223 4483 10740 3609233 128254 128254 1034213 1036797 4264 -2584 -4264 -6848 -6848 SPONSORSHIP 900004 76212 76212 OTHER REVENUE 900099 53500 53500 129712 4172253 3598493 86952 174906 7200 7200 473798 359613 114185 1109202 998835 86712 23655 40683 36781 3012 890 124157 109101 12816 2240 168658 145160 20913 2585 13342 13342 29920 29920 20921 7380 13512 29 139352 134048 5260 44 161220 140226 19167 1827 177741 169617 7719 405 438666 393516 45105 45 112778 100004 11536 1238 311156 162434 148557 165 143894 143894 1628 1628 226393 189143 33659 3591 413332 323598 84268 5466 PUBLICATION EXPENSES 244405 244405 REGISTRATION 154873 154376 497 DUES & SUBSCRIPTIONS 42964 37157 5660 147 BANKING FEES 3354 3354 4559637 3712594 804716 42327 58680 726808 1477552 591673 105515 77853 203754 264748 1686325 868490 780935 817835 3393337 3783390 396940 416399 148350 118000 6565063 6796706 431116 568094 1785467 1936022 435267 300673 2651850 2804789 X 2982252 2995615 930961 996302 3913213 3991917 6565063 6796706 X -387384 423539 42549 X X 0 1 X 1 0 X 629947 774534 609806 262416 311902 2588605 3328354 2405105 2663775 3233278 3598493 15229005 3958301 3179639 3273581 3495694 3910395 17817610 3648 1448 1343 768 1120 8327 0 3648 1448 1343 768 1120 8327 17809283 107134 206564 142966 61660 128254 646578 107134 206564 142966 61660 128254 646578 8533 2500 5000 3500 53500 73033 4073968 3388703 3421547 3560854 4092149 18537221 0.96070 0.95990 0.03490 0.03820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 396940 42549 19847 3243 416399 473288 -49192 27156 396940 388093 107986 19405 3386 473288 372655 36899 18632 2829 388093 312182 33955 44619 15440 2661 372655 0.00000 0.83126 0.16874 1 0 17471 17471 0 1668854 851019 817835 817835 BENEFICIAL INTEREST IN ASSETS HELD BY ENDOWMENT FUND 416399 F 416399 DUE TO LMSCS AND CLUBS 300673 300673 X 4631542 423539 15750 40921 480210 4151332 20921 20921 4172253 4552838 15750 15750 4537088 20921 1628 22549 4559637 PART V, LINE 4: INCOME RECEIVED ON THESE FUNDS IS USED FOR USMS OPERATIONS. PART X, LINE 2: UNDER THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION, USMS HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH GAAP FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGES IN VALUE BENEFICIAL INTEREST IN ASSETS HELD BY ENDOWMENT FUND 42,549. INTEREST EXPENSE REPORTED WITH 990 FUNCTIONAL EXPENSES -1,628. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE RECLASSED FROM FS REVENUE 1,628. 1 X X X X X X 0 0 0 1 0 1 0 0 0 LOWRY DAWSON HUGHES IV CEO 240300 0 57840 0 0 0 11926 0 20497 0 330563 0 0 0 KYLE B DEERY CMO 118800 0 17443 0 0 0 5450 0 15374 0 157067 0 0 0 WILLIAM EDWARD BRENNER JR SR. DIRECTOR 92365 0 35176 0 0 0 5102 0 21338 0 153981 0 0 0 GARY KEEHNER CONTROLLER 125000 0 10705 0 0 0 5428 0 9937 0 151070 0 0 0 JONATHAN DEWITT ECKERT SR. DIRECTOR 94605 0 21638 0 0 0 4650 0 30114 0 151007 0 0 0 PART I, LINE 5 AND LINE 6: THE CHIEF EXECUTIVE OFFICER'S ANNUAL SUPPLEMENTAL COMPENSATION IS BASED ON KEY PERFORMANCE INDICATORS THAT SUPPORT THE GROWTH AND FINANCIAL HEALTH OF USMS WHICH PROVIDES THE FOUNDATION FOR USMS TO BE THE PREMIER RESOURCE FOR ADULT AQUATIC FITNESS IN THE UNITED STATES AND WILL MAKE FITNESS THROUGH SWIMMING AVAILABLE FOR AS MANY ADULTS AS POSSIBLE. THE SUPPLEMENTAL COMPENSATION IS PAID DURING THE FIRST QUARTER OF THE FOLLOWING YEAR. X 34120 FMV 0 1 1 PART I, LINE 32B: INVESTMENT ACCOUNTS ARE HELD AT MAJOR FINANCIAL INSTITUTIONS WITH MONEY MANAGERS PROCESSING AND SELLING CONTRIBUTED SECURITIES. FORM 990, PART I, LINE 6 VOLUNTEERS EACH YEAR APPROXIMATELY 250 DELEGATES PARTICIPATE IN AN ANNUAL MEETING TO APPROVE CERTAIN FEES FOR THE NEXT YEAR, ELECT OFFICERS AND DIRECTORS, AND VOTE ON RULES AND LEGISLATION. THERE ARE 16 VOTING BOARD MEMBERS AND 21 DIFFERENT COMMITTEES WITH 5 OR MORE MEMBERS EACH. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MORE THAN 57,000 MEMBERS WHO PAY A MEMBERSHIP FEE IN ORDER TO RECEIVE PROGRAM SERVICES FROM THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE GOVERNING BODY ARE ELECTED DURING THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS ARE MADE BY THE HOUSE OF DELEGATES DURING THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FIRST DRAFT IS REVIEWED BY THE AUDIT COMMITTEE (MAJORITY OF THE MEMBERS ARE CPAS). AFTER THE AUDIT COMMITTEE REVIEWS THE COMPLETED RETURN, IT IS SUBMITTED TO THE BOARD FOR THEIR INPUT AND REVIEW BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ANNUALLY REQUIRES ALL MEMBERS OF THE BOARD AND COMMITTEES OF THE BOARD, AND STAFF TO REVIEW THE CONFLICT OF INTEREST POLICY AND TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. THEY ARE ALSO ENCOURAGED TO DISCLOSE ANY POTENTIAL CONFLICTS AS THEY ARISE DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS A COMPENSATION AND BENEFITS COMMITTEE WHICH IS A STANDING COMMITTEE OF THE BOARD OF DIRECTORS. THIS COMMITTEE REVIEWS THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER AND OTHER STAFF AND MAKES RECOMMENDATIONS TO THE BOARD AND CEO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THEY ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE AT WWW.USMS.ORG FORM 990, PART XI, LINE 9: CHANGE IN VALUE BENEFICIAL INTEREST IN ASSETS HELD BY ENDOWMENT FUND 42,549. FORM 990, PART XII, LINE 2C AUDIT REVIEW PROCESS THE PROCESS IS UNCHANGED FROM PRIOR YEARS. GROWN UP SWIMMING LLC 8388 S TAMIAMI TRL STE 221 SARASOTA FL 34238 934001445 ADULT SWIMMING LEAGUE FL 0 50354 US MASTERS SWIMMING INC