TY 2017 Form 990 Schedule O

efile Public Visual Render ObjectId: 201822439349300027 - Submission: 2018-08-31 TIN: 13-1548339

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2017

Open to Public
Inspection

Name of the organization

UNITED STATES OLYMPIC COMMITTEE

Employer identification number

13-1548339

Return Reference	Explanation
OTHER PROGRAM SERVICES	FORM 990, PART III, LINE 4D NATIONAL GOVERNING BODIES (NGBS) & ATHLETE FOUNDATIONAL PROGRAMS - ADDITIONAL PROGRAMMING AND SUPPORTING SERVICES ARE DEDICATED TO THE SUCCESSFUL OPERATION OF NGBS AND PARTICIPATION OF ATHLETES. THIS INCLUDES SAFE SPORT AND ANTI-DOPING CONTRIBUTIONS, AS WELL AS CAREER AND EDUCATION ASSISTANCE, ALUMNI RELATIONS, OMBUDSMAN SERVICES, NGB ORGANIZATIONAL SUPPORT, DIVERSITY & INCLUSION PROGRAMMING, AND COLLEGIATE PARTNERSHIPS COUNCIL. EXPENSES $ 18,804,294. INCLUDING GRANTS OF $7,356,811. REVENUE $1,498,980 OLYMPIC & PARALYMPIC COMPETITIONS - THE USOC PROVIDES LOGISTICAL AND ORGANIZATIONAL SUPPORT FOR ATHLETE PERFORMANCE AT THE OLYMPIC AND PARALYMPIC GAMES, PAN AND PARAPAN AMERICAN GAMES, AND YOUTH OLYMPIC GAMES. THIS INCLUDES TRAVEL AND OUTFITTING, ON-THE-GROUND STAFFING AND SUPPORT, AS WELL AS HIGH PERFORMANCE TRAINING CENTERS. EXPENSES 3,244,083. INCLUDING GRANTS OF $ 0. REVENUE $ 3,340
VOTING MEMBERS	FORM 990, PART VI, SECTION A, LINE 1 MEMBERS OF THE USOC BOARD WHO ALSO SERVE ON THE INTERNATIONAL OLYMPIC COMMITTEE'S (IOC) BOARD OF DIRECTORS ARE ALLOCATED ONE VOTE AND ALL OTHER MEMBERS ARE ALLOCATED A NUMBER OF VOTES EQUAL TO THE NUMBER OF MEMBERS ALSO SERVING ON THE INTERNATIONAL OLYMPIC COMMITTEE. AT THE END OF 2017, THERE WERE THREE MEMBERS OF THE BOARD WHO ALSO SERVED ON THE IOC BOARD.
UPDATED BYLAWS	FORM 990, PART VI, SECTION A, LINE 4 IN 2017, THE USOC AMENDED ITS BYLAWS TO 1) UPDATE SECTION 5.4.3 TO ADD THE FOLLOWING RESPONSIBILITIES TO THE COMPENSATION COMMITTEE; A) COMMUNICATE PERFORMANCE FEEDBACK TO THE CEO FOLLOWING THE CEO'S EVALUATION PROCESS AND B) TO MANAGE THE INITIATION AND COMMUNICATION OF THE CEO'S EMPLOYMENT CONTRACT TERMS AND RENEWAL, SUBJECT TO BOARD APPROVAL AND TO 2) AMEND SECTION 19 OF THE BYLAWS TO SLIGHTLY RESTATE THE COMPOSITION AND OPERATION OF THE USOC GAMES ADMINISTRATIVE BOARD, AND TO CREATE A COUNTERPART TRIALS ADMINISTRATIVE BOARD THAT WOULD BE COMPOSED AND OPERATE IN THE SAME WAY AS THE GAMES ADMINISTRATIVE BOARD.
FORM 990 REVIEW	FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE USOC FORM 990 WILL BE PROVIDED TO THE AUDIT COMMITTEE. THE CFO WILL MEET OR CONDUCT A CONFERENCE CALL WITH THE AUDIT COMMITTEE TO DISCUSS ANY ISSUES OR CONCERNS. THE CFO WILL TAKE IMMEDIATE ACTION TO RESOLVE ANY OUTSTANDING ISSUES RAISED BY THE AUDIT COMMITTEE. THE AUDIT COMMITTEE WILL FORMALLY APPROVE THE FORM 990 AND A COMPLETE COPY IS THEN SENT TO THE USOC BOARD OF DIRECTORS PRIOR TO IT BEING FILED WITH THE INTERNAL REVENUE SERVICE.
CONFLICT OF INTEREST POLICY	FORM 990, PART VI, SECTION B, LINE 12C THE USOC OBTAINS ANNUAL CERTIFICATIONS FROM THE ORGANIZATION'S STAFF, BOARD OF DIRECTORS, AND COMMITTEE MEMBERS. THE ETHICS OFFICER REVIEWS THE COMPLETED DISCLOSURE STATEMENTS AND PROVIDES COPIES TO THE CHAIR OF THE ETHICS COMMITTEE. THE CHAIR OF THE ETHICS COMMITTEE HAS THE DISCRETION TO SHARE THE DISCLOSURE STATEMENTS WITH THE ENTIRE ETHICS COMMITTEE, BOARD OF DIRECTORS AND/OR CEO. THE ETHICS OFFICER AND THE CHAIR OF THE ETHICS COMMITTEE, IN SOME CASES IN CONSULTATION WITH THE ENTIRE ETHICS COMMITTEE, DETERMINE IN EACH CASE WHETHER A CONFLICT EXISTS AND SO RECORD THEIR DECISION IN CONNECTION WITH EACH RELEVANT DISCLOSURE STATEMENT, ALSO INDICATING ANY REQUIRED CORRECTIVE ACTION (WHICH MAY INCLUDE, BUT IS NOT LIMITED TO, PROHIBITING THE PERSON FROM PARTICIPATION IN THE ORGANIZATION'S DELIBERATIONS AND DECISIONS IN AN AFFECTED TRANSACTION).
ALL EMPLOYEE COMPENSATION	FORM 990, PART VI, SECTION B, LINES 15A/15B AS PART OF DETERMINING THE CEO, OFFICER, AND KEY EMPLOYEES' COMPENSATION, THE USOC USES COMPARABILITY DATA FROM INDEPENDENT SALARY SURVEY DATA TO PRESENT COMPENSATION AMOUNTS AND POLICIES TO AN INDEPENDENT COMPENSATION COMMITTEE AND MANAGEMENT FOR APPROVAL. THE DISCUSSIONS ABOUT COMPENSATION STRATEGIES AND KEY PROGRAMS ARE CONTEMPORANEOUSLY DOCUMENTED, AND DECISIONS ABOUT COMPENSATION AND BENEFITS ARE MADE BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS IN STRICT ACCORDANCE WITH THE BYLAWS OF THE ORGANIZATION. THE USOC SPECIFICALLY PERFORMS THE FOLLOWING STEPS IN DETERMINING COMPENSATION OF ALL EMPLOYEES (INCLUDING OFFICERS AND KEY EMPLOYEES) AS WELL AS THE CEO'S COMPENSATION PACKAGE. THE USOC HAS AN ESTABLISHED SALARY STRUCTURE CONSISTING OF 40+ OVERLAPPING, SYMMETRICAL SALARY RANGES FOR EXEMPT AND NON-EXEMPT POSITIONS. EACH RANGE INCLUDES A MINIMUM, MIDPOINT AND MAXIMUM PAY LEVEL. THE SALARY RANGES HAVE BEEN DEVELOPED BY BLENDING OUR COMPENSATION PHILOSOPHY, NATIONALLY AND REGIONALLY AVAILABLE INDEPENDENT SALARY SURVEY DATA AND ECONOMIC BUSINESS CONDITIONS DATA. A JOB DESCRIPTION AND PAY GRADE FOR EACH JOB TITLE IS ESTABLISHED IN COLLABORATION WITH THE SUPERVISOR OF THE POSITION AND WITH FINAL APPROVAL BY HUMAN RESOURCES. FINAL DETERMINATION OF THE PAY GRADE MAY ALSO TAKE INTO ACCOUNT AVAILABLE DATA REGARDING SALARIES PAID FOR SIMILAR JOBS IN THE MARKETPLACE AS WELL AS INTERNAL EQUITY CONSIDERATIONS. ALL FULL-TIME AND PART-TIME REGULAR EMPLOYEES ARE ELIGIBLE FOR ANNUAL MERIT INCREASES BASED UPON PERFORMANCE. THE APPROVED MERIT POOL FOR ALL EMPLOYEES IS APPROVED BY THE COMPENSATION COMMITTEE OF THE USOC BOARD OF DIRECTORS BASED ON COMPENSATION PHILOSOPHY, NATIONALLY AVAILABLE INDEPENDENT SALARY SURVEY DATA, ECONOMIC BUSINESS CONDITIONS DATA AND THE RECOMMENDATIONS OF MANAGEMENT. ALL FULL-TIME AND PART-TIME REGULAR EXEMPT EMPLOYEES ARE ELIGIBLE FOR AT-RISK BONUS COMPENSATION BASED UPON ORGANIZATIONAL GOAL ATTAINMENT AS DETERMINED BY THE COMPENSATION COMMITTEE OF THE USOC BOARD OF DIRECTORS AND INDIVIDUAL GOAL ATTAINMENT. THE FUNDING BUDGET OF THE AT-RISK BONUS IS ALSO REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE. THE CEO'S MERIT INCREASES AND AT-RISK COMPENSATION ARE DETERMINED BY THE COMPENSATION COMMITTEE USING PROCESSES SIMILAR TO THOSE DESCRIBED ABOVE FOR ALL EMPLOYEES. THE COMPENSATION COMMITTEE THEN PROVIDES A WRITTEN CONFIRMATION OF THE PROCESS AND OUTCOME TO HUMAN RESOURCES AND FINANCE FOR DOCUMENTATION AND AUDIT PURPOSES.
PUBLIC DISCLOSURE	FORM 990, PART VI, SECTION C, LINE 19 UNITED STATES OLYMPIC COMMITTEE'S BYLAWS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS, ALONG WITH THE CODE OF CONDUCT AND ANNUAL REPORT, CAN BE FOUND AT TEAMUSA.ORG.
COMPENSATION	FORM 990, PART VII, SECTION A, LINE 1A RUSSELL C. HUEBNER IS INCLUDED ON PART VII, SECTION A, LINE 1A AS A FORMER KEY EMPLOYEE BECAUSE OF HIS PREVIOUS ROLE AS CHIEF OF PARALYMPICS. THE COMPENSATION REPORTED IS FOR HIS CURRENT ROLE AS VP OF DEVELOPMENT, WHICH IS NOT A KEY EMPLOYEE POSITION.

Return Reference

Explanation

OTHER PROGRAM SERVICES

FORM 990, PART III, LINE 4D NATIONAL GOVERNING BODIES (NGBS) & ATHLETE FOUNDATIONAL PROGRAMS - ADDITIONAL PROGRAMMING AND SUPPORTING SERVICES ARE DEDICATED TO THE SUCCESSFUL OPERATION OF NGBS AND PARTICIPATION OF ATHLETES. THIS INCLUDES SAFE SPORT AND ANTI-DOPING CONTRIBUTIONS, AS WELL AS CAREER AND EDUCATION ASSISTANCE, ALUMNI RELATIONS, OMBUDSMAN SERVICES, NGB ORGANIZATIONAL SUPPORT, DIVERSITY & INCLUSION PROGRAMMING, AND COLLEGIATE PARTNERSHIPS COUNCIL. EXPENSES $ 18,804,294. INCLUDING GRANTS OF $7,356,811. REVENUE $1,498,980 OLYMPIC & PARALYMPIC COMPETITIONS - THE USOC PROVIDES LOGISTICAL AND ORGANIZATIONAL SUPPORT FOR ATHLETE PERFORMANCE AT THE OLYMPIC AND PARALYMPIC GAMES, PAN AND PARAPAN AMERICAN GAMES, AND YOUTH OLYMPIC GAMES. THIS INCLUDES TRAVEL AND OUTFITTING, ON-THE-GROUND STAFFING AND SUPPORT, AS WELL AS HIGH PERFORMANCE TRAINING CENTERS. EXPENSES 3,244,083. INCLUDING GRANTS OF $ 0. REVENUE $ 3,340

VOTING MEMBERS

FORM 990, PART VI, SECTION A, LINE 1 MEMBERS OF THE USOC BOARD WHO ALSO SERVE ON THE INTERNATIONAL OLYMPIC COMMITTEE'S (IOC) BOARD OF DIRECTORS ARE ALLOCATED ONE VOTE AND ALL OTHER MEMBERS ARE ALLOCATED A NUMBER OF VOTES EQUAL TO THE NUMBER OF MEMBERS ALSO SERVING ON THE INTERNATIONAL OLYMPIC COMMITTEE. AT THE END OF 2017, THERE WERE THREE MEMBERS OF THE BOARD WHO ALSO SERVED ON THE IOC BOARD.

UPDATED BYLAWS

FORM 990, PART VI, SECTION A, LINE 4 IN 2017, THE USOC AMENDED ITS BYLAWS TO 1) UPDATE SECTION 5.4.3 TO ADD THE FOLLOWING RESPONSIBILITIES TO THE COMPENSATION COMMITTEE; A) COMMUNICATE PERFORMANCE FEEDBACK TO THE CEO FOLLOWING THE CEO'S EVALUATION PROCESS AND B) TO MANAGE THE INITIATION AND COMMUNICATION OF THE CEO'S EMPLOYMENT CONTRACT TERMS AND RENEWAL, SUBJECT TO BOARD APPROVAL AND TO 2) AMEND SECTION 19 OF THE BYLAWS TO SLIGHTLY RESTATE THE COMPOSITION AND OPERATION OF THE USOC GAMES ADMINISTRATIVE BOARD, AND TO CREATE A COUNTERPART TRIALS ADMINISTRATIVE BOARD THAT WOULD BE COMPOSED AND OPERATE IN THE SAME WAY AS THE GAMES ADMINISTRATIVE BOARD.

FORM 990 REVIEW

FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE USOC FORM 990 WILL BE PROVIDED TO THE AUDIT COMMITTEE. THE CFO WILL MEET OR CONDUCT A CONFERENCE CALL WITH THE AUDIT COMMITTEE TO DISCUSS ANY ISSUES OR CONCERNS. THE CFO WILL TAKE IMMEDIATE ACTION TO RESOLVE ANY OUTSTANDING ISSUES RAISED BY THE AUDIT COMMITTEE. THE AUDIT COMMITTEE WILL FORMALLY APPROVE THE FORM 990 AND A COMPLETE COPY IS THEN SENT TO THE USOC BOARD OF DIRECTORS PRIOR TO IT BEING FILED WITH THE INTERNAL REVENUE SERVICE.

CONFLICT OF INTEREST POLICY

FORM 990, PART VI, SECTION B, LINE 12C THE USOC OBTAINS ANNUAL CERTIFICATIONS FROM THE ORGANIZATION'S STAFF, BOARD OF DIRECTORS, AND COMMITTEE MEMBERS. THE ETHICS OFFICER REVIEWS THE COMPLETED DISCLOSURE STATEMENTS AND PROVIDES COPIES TO THE CHAIR OF THE ETHICS COMMITTEE. THE CHAIR OF THE ETHICS COMMITTEE HAS THE DISCRETION TO SHARE THE DISCLOSURE STATEMENTS WITH THE ENTIRE ETHICS COMMITTEE, BOARD OF DIRECTORS AND/OR CEO. THE ETHICS OFFICER AND THE CHAIR OF THE ETHICS COMMITTEE, IN SOME CASES IN CONSULTATION WITH THE ENTIRE ETHICS COMMITTEE, DETERMINE IN EACH CASE WHETHER A CONFLICT EXISTS AND SO RECORD THEIR DECISION IN CONNECTION WITH EACH RELEVANT DISCLOSURE STATEMENT, ALSO INDICATING ANY REQUIRED CORRECTIVE ACTION (WHICH MAY INCLUDE, BUT IS NOT LIMITED TO, PROHIBITING THE PERSON FROM PARTICIPATION IN THE ORGANIZATION'S DELIBERATIONS AND DECISIONS IN AN AFFECTED TRANSACTION).

ALL EMPLOYEE COMPENSATION

FORM 990, PART VI, SECTION B, LINES 15A/15B AS PART OF DETERMINING THE CEO, OFFICER, AND KEY EMPLOYEES' COMPENSATION, THE USOC USES COMPARABILITY DATA FROM INDEPENDENT SALARY SURVEY DATA TO PRESENT COMPENSATION AMOUNTS AND POLICIES TO AN INDEPENDENT COMPENSATION COMMITTEE AND MANAGEMENT FOR APPROVAL. THE DISCUSSIONS ABOUT COMPENSATION STRATEGIES AND KEY PROGRAMS ARE CONTEMPORANEOUSLY DOCUMENTED, AND DECISIONS ABOUT COMPENSATION AND BENEFITS ARE MADE BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS IN STRICT ACCORDANCE WITH THE BYLAWS OF THE ORGANIZATION. THE USOC SPECIFICALLY PERFORMS THE FOLLOWING STEPS IN DETERMINING COMPENSATION OF ALL EMPLOYEES (INCLUDING OFFICERS AND KEY EMPLOYEES) AS WELL AS THE CEO'S COMPENSATION PACKAGE. THE USOC HAS AN ESTABLISHED SALARY STRUCTURE CONSISTING OF 40+ OVERLAPPING, SYMMETRICAL SALARY RANGES FOR EXEMPT AND NON-EXEMPT POSITIONS. EACH RANGE INCLUDES A MINIMUM, MIDPOINT AND MAXIMUM PAY LEVEL. THE SALARY RANGES HAVE BEEN DEVELOPED BY BLENDING OUR COMPENSATION PHILOSOPHY, NATIONALLY AND REGIONALLY AVAILABLE INDEPENDENT SALARY SURVEY DATA AND ECONOMIC BUSINESS CONDITIONS DATA. A JOB DESCRIPTION AND PAY GRADE FOR EACH JOB TITLE IS ESTABLISHED IN COLLABORATION WITH THE SUPERVISOR OF THE POSITION AND WITH FINAL APPROVAL BY HUMAN RESOURCES. FINAL DETERMINATION OF THE PAY GRADE MAY ALSO TAKE INTO ACCOUNT AVAILABLE DATA REGARDING SALARIES PAID FOR SIMILAR JOBS IN THE MARKETPLACE AS WELL AS INTERNAL EQUITY CONSIDERATIONS. ALL FULL-TIME AND PART-TIME REGULAR EMPLOYEES ARE ELIGIBLE FOR ANNUAL MERIT INCREASES BASED UPON PERFORMANCE. THE APPROVED MERIT POOL FOR ALL EMPLOYEES IS APPROVED BY THE COMPENSATION COMMITTEE OF THE USOC BOARD OF DIRECTORS BASED ON COMPENSATION PHILOSOPHY, NATIONALLY AVAILABLE INDEPENDENT SALARY SURVEY DATA, ECONOMIC BUSINESS CONDITIONS DATA AND THE RECOMMENDATIONS OF MANAGEMENT. ALL FULL-TIME AND PART-TIME REGULAR EXEMPT EMPLOYEES ARE ELIGIBLE FOR AT-RISK BONUS COMPENSATION BASED UPON ORGANIZATIONAL GOAL ATTAINMENT AS DETERMINED BY THE COMPENSATION COMMITTEE OF THE USOC BOARD OF DIRECTORS AND INDIVIDUAL GOAL ATTAINMENT. THE FUNDING BUDGET OF THE AT-RISK BONUS IS ALSO REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE. THE CEO'S MERIT INCREASES AND AT-RISK COMPENSATION ARE DETERMINED BY THE COMPENSATION COMMITTEE USING PROCESSES SIMILAR TO THOSE DESCRIBED ABOVE FOR ALL EMPLOYEES. THE COMPENSATION COMMITTEE THEN PROVIDES A WRITTEN CONFIRMATION OF THE PROCESS AND OUTCOME TO HUMAN RESOURCES AND FINANCE FOR DOCUMENTATION AND AUDIT PURPOSES.

PUBLIC DISCLOSURE

FORM 990, PART VI, SECTION C, LINE 19 UNITED STATES OLYMPIC COMMITTEE'S BYLAWS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS, ALONG WITH THE CODE OF CONDUCT AND ANNUAL REPORT, CAN BE FOUND AT TEAMUSA.ORG.

COMPENSATION

FORM 990, PART VII, SECTION A, LINE 1A RUSSELL C. HUEBNER IS INCLUDED ON PART VII, SECTION A, LINE 1A AS A FORMER KEY EMPLOYEE BECAUSE OF HIS PREVIOUS ROLE AS CHIEF OF PARALYMPICS. THE COMPENSATION REPORTED IS FOR HIS CURRENT ROLE AS VP OF DEVELOPMENT, WHICH IS NOT A KEY EMPLOYEE POSITION.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2017

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