SCHEDULE O
(Form 990)

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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OMB No. 1545-0047
2022
Open to Public
Inspection
Name of the organization
USA WATER SKI & WAKE SPORTS INC
 
Employer identification number

59-0841458
Return Reference Explanation
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.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2022


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