2024-11-15T22:37:51-06:00 2023-12-31 201766527 WAUGH & GOODWIN LLP 2925 PROFESSIONAL PLACE STE 201 COLORADO SPRINGS CO 80904 990 2023-01-01 590841458 USA WATER SKI & WAKE SPORTS INC USAW 8633244341 2701 LAKE MYRTLE PARK RD AUBURNDALE FL 33823 KEVIN MICHAEL EXECUTIVE DIRECTOR 8633244341 2024-11-15 1 1 RITA F CHRISTENSEN P00290681 7195909777 2024-11-15 2023 2024-10-15 13:58:12Z KEVIN MICHAEL 2701 LAKE MYRTLE PARK RD AUBURNDALE FL 33823 1782339 0 X WWW.USAWATERSKI.ORG X 1946 NJ TO ADVANCE, SUPPORT AND SERVICE THE SPORT OF WATER SKIING AND ALL TOWED WATER SPORTS. 25 25 11 25 9108 0 510233 90648 1728829 1638262 -10431 21872 36331 8045 2264962 1758827 168830 52937 0 0 537435 541658 0 0 127461 1212072 1108995 1918337 1703590 346625 55237 1605370 1666895 524639 468743 1080731 1198152 X TO ADVANCE, SUPPORT AND SERVICE ALL TOWED WATER SPORTS THROUGH WIDESPREAD RECREATIONAL PARTICIPATION, EDUCATION, PROMOTION AND SUSTAINED WORLDWIDE COMPETITIVE EXCELLENCE. 0 0 420992 44794 417162 SPORT DEVELOPMENT PROGRAMS- TO PROVIDE MATERIALS AND TO ESTABLISH CRITERIA TO MEMBERS FOR WATER SKIER CLINICS FOR BETTER TRAINING AND SAFETY INSTRUCTION AND TO PROVIDE GRASSROOTS MATERIALS & INSTRUCTION TO CERTIFY INSTRUCTORS IN THE DEVELOPMENT OF THE SPORT. GRANTS ARE DISTRIBUTED TO SPORT DISCIPLINES FOR WATER SKIING DEVELOPMENT. 551038 943683 MEMBERSHIP - PROVIDES MEMBERS ACCESS TO SANCTIONED TOURNAMENTS AND EVENTS, INSTRUCTIONAL ASSISTANCE, AND INSURANCE PROTECTION. 180711 66466 PUBLICATION - INCLUDES THE PUBLICATION OF A MAGAZINE, THE WATER SKIER, WHICH IS SENT TO ALL MEMBERS AND OTHER PERSONS WITH INTEREST IN THE SPORT, AND NUMEROUS EDUCATIONAL MATERIALS ADDRESSING ALL ASPECTS OF WATER SKIING. 228534 8143 221358 NATIONAL TOURNAMENTS AND COMPETITIONS - COMPETITIONS TO PROMOTE WATER SKIING AND WATER SKIING DEVELOPMENT. 228534 8143 221358 1381275 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 11 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 0 0 0 FL X X USA WATER SKI & WAKE SPORTS INC 8633244341 2701 LAKE MYRTLE PARK RD AUBURNDALE FL 33823 X ANDREW ADKISON USOPC/ATHLETE REP 2.00 X 0 0 0 ALEX LAURETANO ATHLETE REP 2.00 X 0 0 0 DAVID REZIN ATHLETE REP 2.00 X 0 0 0 JASON LEE ATHLETE REP 2.00 X 0 0 0 CONNOR POGGETTO ATHLETE REP 2.00 X 0 0 0 ROBERT HARRIS MEMBER 2.00 X 0 0 0 CONNIE BERGMARK MEMBER 2.00 X 0 0 0 REGINA JAQUESS MEMBER 2.00 X 0 0 0 JOEL SHAPRIO MEMBER 2.00 X 0 0 0 GERRY LUITING MEMBER 2.00 X 0 0 0 CHRISTY KINGSMILL MEMBER 2.00 X 0 0 0 CATHY WILLIAMS MEMBER 2.00 X 0 0 0 LAUREN EHLERS MEMBER 2.00 X 0 0 0 CHERYL RUSTON MEMBER 2.00 X 0 0 0 CHARLIE BUCKLEY MEMBER 2.00 X 0 0 0 KENNY STUART MEMBER 2.00 X 0 0 0 MATT OBERHOLTZ MEMBER 2.00 X 0 0 0 MICHAEL FLYNN MEMBER 2.00 X 0 0 0 KELLY KOEHLER MEMBER 2.00 X 0 0 0 DON BUCHER MEMBER 2.00 X 0 0 0 KAREN MELNIK MEMBER 2.00 X 0 0 0 DOUG ROBBINS CHAIR 2.00 X X 0 0 0 ROBERT ARCHAMBEAU MEMBER PRESIDENT 2.00 X X 0 0 0 DALE STEVENS VICE PRESIDENT 2.00 X X 0 0 0 JOEL JOHANNINGMEIER SECRETARY/TREASURER 2.00 X X 0 0 0 NATHAN BOUDREAUX EXECUTIVE DIRECTOR 40.00 X 137333 0 14744 137333 0 14744 1 0 1 0 0 90648 90648 MEMBERSHIP REGISTRATIO 900099 943683 943683 NATIONAL AND REGIONAL 711300 221358 221358 SPORT DEVELOPMENT 711300 167169 167169 EVENT SANCTIONING 900099 147189 147189 MARKETING AND PARTNERS 900099 83289 83289 75574 66466 9108 1638262 11847 11847 10025 0 10025 10025 10025 2276 18395 -16119 -16119 4649 0 4649 4649 7373 5117 2256 2256 OTHER INCOME 900099 17259 17259 17259 1758827 1648669 9108 10402 30826 30826 22111 22111 152077 79080 42582 30415 309613 204928 62110 42575 11974 8059 2283 1632 34463 22317 7085 5061 33531 20849 7397 5285 1524 948 336 240 37279 23180 8224 5875 4374 4374 22902 22902 10907 10907 80873 53070 13592 14211 72825 47178 17251 8396 39273 32159 5549 1565 12137 12137 437379 411655 15004 10720 ENTRY FEES 97339 97339 JUNIOR TEAM & DEVELOPME 80087 80087 MAGAZINE PRODUCTION 55345 55345 GENERAL EVENT EXPENSES 44536 44536 112215 101662 9067 1486 1703590 1381275 194854 127461 507814 1183901 677168 17747 3035 11697 5026 17492 17492 0 0 390944 474933 1605370 1666895 91061 68848 428578 399895 5000 0 524639 468743 X 1067609 1189015 13122 9137 1080731 1198152 1605370 1666895 55237 62184 0 X X 0 1 X 0 0 X 115671 89300 314799 510233 90648 1120651 1607731 1225856 1410011 1684315 1653786 7581699 8562 13581 3551 26283 6925 58902 1731964 1328737 1728361 2220831 1751359 8761252 1360 1870 1870 2000 7100 0 1360 1870 1870 2000 7100 8754152 6379 6839 2385 7621 11847 35071 6379 6839 2385 7621 11847 35071 1738343 1335576 1730746 2228452 1763206 8796323 0.99520 0.98020 0.00400 0.00440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17492 17492 0 0 X 1840149 62184 23512 85696 1754453 4374 4374 1758827 1722728 23512 23512 1699216 4374 4374 1703590 PART X, LINE 2: THE CORPORATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL INCOME TAX. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE CORPORATION`S TAX-EXEMPT PURPOSES IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE CORPORATION'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX IS SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE DATE IT WAS FILED. MANAGEMENT OF THE CORPORATION BELIEVES THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NET ON 990 18,395. COST OF GOODS SOLD EXPENSE NET ON 990 5,117. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NET ON 990 18,395. COST OF GOODS SOLD EXPENSE NET ON 990 5,117. 1 NATIONAL SHOW SKI ASSOCIATION 1251 HOLY COW ROAD POLK CITY FL 33868 202206279 501(C)(3) 19603 0 SUPPORT SPORT OF WATER SKI 1 SCHOLARSHIPS, STIPENDS AND AWARDS 14286 ADAPTIVE WATER SKI EQUIPMENT GRANTS 7825 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED BY THE SPORT DISCIPLINES AND SPORT REGIONS TO COLLEGE LEVEL STUDENTS WHO ARE ACTIVE MEMBERS OF USA WATER SKI. APPLICANTS MUST QUALIFY, WHERE APPLICABLE, FOR CERTAIN GRANTS, AND A FINAL REPORT IS REQUIRED TO BE SUBMITTED TO THE APPLICABLE SPORT DISCIPLINE OR REGION OFFICE. DEVELOPMENT GRANTS ARE AWARDED TO ELITE ATHLETES TO ASSIST WITH THEIR TRAINING. INDIVIDUALS MUST QUALIFY AS AN ELITE ATHLETE TO BE ELIGIBILE FOR THE AWARD. ADAPTIVE WATER SKI EQUIPMENT GRANTS WERE PROVIDED TO VETERANS WHO ARE A PART OF THE ADAPTIVE WATER SKI COMMUNITY. THE INDIVIDUALS WERE REQUIRED TO APPLY FOR THE GRANTS. EQUIPMENT WAS PAID FOR AND PROVIDED TO APPLICANTS. X X 0 0 0 0 0 0 0 0 0 NATHAN BOUDREAUX EXECUTIVE DIRECTOR 137333 0 0 0 0 0 6026 0 8718 0 152077 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS DIFFERENT CLASSES OF MEMBERSHIP. THEY ARE INDIVIDUAL, INSURANCE ONLY, FAMILY, GUEST MEMBER, AMBASSADOR, CHILDREN, AND FOREIGN MEMBERSHIPS. THERE ARE ALSO GROUP MEMBERSHIPS FOR CLUBS, CAMPS AND SCHOOLS. SPONSORS HAVE THEIR OWN MEMBERSHIP CLASS. MEMBERS 18 YEARS AND OLDER POSSESS VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A EACH SPORT DISCIPLINE IS ALLOCATED A MINIMUM OF ONE UP TO A MAXIMUM OF FIVE VOTING DIRECTORS ON THE BOARD. THE ALLOCATION IS BASED UPON MEMBERSHIP AND IS UPDATED EVERY TWO YEARS. MEMBERS ELECT THE DIRECTORS FOR THEIR RESPECTIVE SPORTS DISCIPLINE. THE ATHLETE ADVISORY COUNCIL SELECTS THE ATHLETE ADVISORY COUNCIL DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE BYLAWS ARE VOTED UPON BY THE BOARD OF DIRECTORS. MEMBERS IN GOOD STANDING MAY CALL A REFERENDUM ON ANY AMENDMENT TO THE BYLAWS WITHIN SIXTY DAYS OF ADOPTION BY THE BOARD. THE REFERENDUM REQUIRES FIVE PERCENT OF THE MEMBERS TO SIGN THE PETITION. IF THE REFERENDUM IS SUCCESSFUL BALLOTS ARE MAILED TO ALL MEMBERS IN GOOD STANDING AND THE PROPOSED AMENDMENT REQUIRES APPROVAL BY A MAJORITY OF THE BALLOTS RETURNED BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST REVIEWED BY THE ACCOUNTING DEPARTMENT, THEN THE EXECUTIVE DIRECTOR. THE PRESIDENT OF THE ORGANIZATION ALSO REVIEWS THE FORM PRIOR TO MAILING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE TRUSTEES, DIRECTORS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO SIGN A "CODE OF ETHICS" POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. FORM 990, PART VII THE NUMBER OF DIRECTORS IS GREATER THAN THE TOTAL REPORTED AT THE END OF THE YEAR DUE TO TURNOVER ON THE BOARD DURING THE TAX YEAR. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.