2016-04-18T09:44:10-07:00 2015-11-30 990 2014-12-01 131427105 UNITED STATES GOLF ASSOCIATION UNIT 9082342300 77 Liberty Corner Road Far Hills NJ 07931 Susan Pikitch Assistant Treasurer 9082342300 2016-04-15 2014 2016-08-17 19:52:53Z Mike Davis 77 Liberty Corner Road Far Hills NJ 07931 243720729 0 X www.usga.org X 1894 DE The United States Golf Association ("USGA") promotes and conserves the true spirit of the game of golf as embodied in its ancient and honorable traditions. It acts in the best interests of the game for the continued enjoyment of those who love and play it. 15 15 488 5300 2044662 708167 16932728 21083894 125657164 158511196 21665030 17067403 11624813 12214237 175879735 208876730 6574908 4832725 0 0 42078017 47150857 35791 129802 5618262 116431652 140244618 165120368 192358002 10759367 16518728 392860711 381705431 83538408 79847180 309322303 301858251 The United States Golf Association promotes and conserves the true spirit of the game of golf as embodied in its ancient and honorable traditions. It acts in the best interests of the game for the continued enjoyment of those who love and play it. The USGA serves the game most visibly through the conduct of its national championships and international competitions. Together with The R&A, the USGA provides governance for the game worldwide, jointly administering the Rules of Golf, establishing equipment standards, and formulating the Rules of Amateur Status. The USGA also maintains the USGA Handicap and Course Rating Systems, develops and promotes sustainable golf course management practices, celebrates the history of the game, and fosters access to the game for all who wish to play. 0 0 95773714 0 151752225 USGA Championships, including broadcasts - Each year, the USGA conducts the United States Open, United States Women's Open and United States Senior Open Championships, which include amateur and professional golfers from around the world. The USGA also conducts annually ten national amateur golf championships. In 2015, nearly 40,000 people competed in these USGA championships. Additionally, more than 500,000 people attended these USGA championships as spectators. By exposing the public to these USGA championships through various spectator packages, national and international television and radio broadcasts, and digital and social media platforms the USGA promotes worldwide interest in the game of golf and inspires participation in the game. The USGA also leverages these same platforms to disseminate educational materials and information regarding environmental and economic sustainability, STEM education, diversity and inclusion, history, and other relevant topics. The USGA also sponsors teams for several international amateur golf championships. 10283363 0 6802801 USGA Members Program - Each year, the USGA provides educational materials and other support to people who have expressed an interest in the game of golf by electing to enroll in the USGA Members Program. Such educational materials include information and education about the Rules of Golf, USGA championships, environmental sustainability, STEM education, diversity and inclusion, and history, as well as other relevant topics. The USGA also provides a digital newsletter and access to the USGA's websites that include information on a wide variety of golf topics. In 2015, more than 655,000 people opted to enroll in the USGA Members Program. 9998004 0 5501232 GHIN (Golf Handicap and Information Network) - GHIN is a handicap computation service that allows golfers of differing abilities to compete against one another in a fair and equitable manner. This service began in 1981 with the Metropolitan Golf Association (New York) as the first user; GHIN currently provides services to 83 golf associations domestically and internationally, and provides billable handicaps to over 2.2 million golfers. 43239038 4709725 4895885 Each year the USGA provides a variety of programs that benefit everyone who plays the game. The USGA writes and interprets the Rules of Golf, and provides seminars and publications to educate golfers about the Rules. The USGA administers the Rules of Amateur Status in the USA and Mexico. The USGA monitors equipment standards to ensure that skill rather than technology represents the essence of the game. The USGA maintains national handicap and course rating systems to enable golfers of varying skill to compete fairly and equitably. USGA agronomists provide course consulting services to golf facilities throughout the United States and abroad for the purpose of advancing environmental and economic best management practices. The USGA Green Section also provides speakers, on-line publications and on-line conferences to educate interested parties about environmental and agronomic issues affecting the game of golf, as well as the broader community. The USGA provides grants to colleges and universities to finance turfgrass and environmental research to benefit golf courses and the environment. The USGA supports grassroots golf programs for juniors, as well as accessible programs for physically challenged golfers. The USGA provides education and information through public service announcements, championship webcasts, digital and social media platforms, publications, meetings and seminars. The USGA supports local, state and regional golf associations in their local efforts and provides grants to these associations to fund internships to help administer their local programs. The USGA maintains a museum dedicated to the game's history that serves as caretaker and steward of extensive historical collections. 43239038 4709725 4895885 159294119 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 735 0 1 488 1 1 1 1 CJ VI 0 0 0 1 1 0 0 0 0 X 15 15 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AL AR AZ CA CO CT FL GA HI IL IN KS KY LA MA MD ME MI MN MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WY X X Suzanne Colon 9082342300 77 Liberty Corner Road Far Hills NJ 07931 Thomas J O'Toole Jr Executive Committee Member and President 30 0 X X 0 0 0 Diana M Murphy Executive Committee Member and Vice President 20 0 X X 0 0 0 Daniel B Burton Executive Committee Member and Vice President 20 0 X X 0 0 0 William L Katz Executive Committee Member and Secretary 10 0 X X 0 0 0 Mark E Newell Executive Committee Member and Treasurer 10 0 X X 0 0 0 Karen S Ammerman Executive Committee Member 10 0 X 0 0 0 William E Fallon Executive Committee Member 10 0 X 0 0 0 William W Gist IV Executive Committee Member 10 0 X 0 0 0 Malcolm Holland III Executive Committee Member 10 0 X 0 0 0 Glenn Thomas Hough Executive Committee Member 10 0 X 0 0 0 Sheila C Johnson Executive Committee Member 10 0 X 0 0 0 Edward G Michaels III Executive Committee Member 10 0 X 0 0 0 Asuka Nakahara Executive Commmittee Member 10 0 X 0 0 0 Mark P Reinemann Executive Committee Member 10 0 X 0 0 0 George J Still Jr Executive Committee Member 10 0 X 0 0 0 Glen D Nager Executive Committee Member and President thru 2-2014 30 0 X X 0 0 0 Peter M Castleman Executive Committee Member thru 2-2014 10 0 X 0 0 0 Gary R Stevenson Executive Committee Member thru 2-2014 10 0 X 0 0 0 Kathryn Carson Assistant Secretary and Chief Legal Officer 40 0 X 364460 0 38242 Terence Brady Assistant Treasurer and Managing Director, Finance 40 0 X 186919 0 37177 Mike Davis Executive Director 40 0 X 760207 0 94596 Michael Butz Senior Managing Director 40 0 X 616946 0 47480 Sarah Hirshland Senior Managing Director 40 0 X 539476 0 66581 John Bodenhamer Senior Managing Director 40 0 X 481003 0 62172 Rand Jerris Senior Managing Director 40 0 X 459813 0 43971 Steven Schloss Senior Managing Director 40 0 X 314607 0 40918 Reg Jones Senior Director, U.S. Open Championships 40 0 X 304926 0 33216 Mary Lopuszynski Senior Director, Merchandise & Licensing 40 0 X 304868 0 19349 Jeff Hall Managing Director, Rules & Competitions 40 0 X 287682 0 28514 John Spitzer Managing Director, Equipment Standards 40 0 X 286822 0 23365 Tim Flaherty Senior Director, Championships 40 0 X 274354 0 31057 5182083 0 566638 102 0 1 0 Deloitte Consulting 4022 Sells Drive Hermitage TN 37076 Business consultant 4087711 Avison Young 1120 Headquarters Plaza 4th Floor Morristown NJ 07960 Campus infrastructure upgrades and Nicklaus addition 4063894 Classic Tents 19119 S Reyes Ave Rancho Dominguez CA 90220 Tents for US Open (rental) 3762621 Pinehurst LLC PO Box 4000 Village of Pinehurst NC 28374 Host Club for US Open & Women's Open 3715483 Robert Half Technology 12400 Collections Center Drive Chicagoe IL 60693 Temp agency staffing 2556897 173 X 0 9867149 0 0 0 11216745 277200 21083894 Championship, including Broadcast 711300 141338005 141338005 0 0 USGA Members Program 711300 6802801 6802801 0 0 GHIN 711300 5501232 5501232 0 0 Green Section Services 711300 1690430 1690430 0 0 Equipment Standards & Testing 711300 1487950 1487950 0 0 1690778 950351 740427 0 158511196 16501927 0 226810 16275117 0 0 0 0 1773291 0 0 1773291 0 0 25012637 67502 24458330 56333 554307 11169 565476 0 0 565476 0 20770282 10329336 10440946 9363521 1077425 0 0 208876730 167134290 2044662 18613884 X 4709725 4709725 0 0 123000 123000 0 0 4555667 978627 3507819 69221 0 0 0 0 30961589 22103021 7865593 992975 4080673 2848178 1104362 128133 5061330 3418790 1486644 155896 2491598 1666079 749096 76423 0 0 0 0 689836 558745 127592 3499 175819 0 175819 0 0 0 0 0 129802 129802 821828 0 821828 0 18245265 13139974 4853791 251500 397121 386957 10164 0 12566577 9054761 620593 2891223 15582065 15297758 208039 76268 0 0 0 0 1966599 1925849 40750 0 5184179 4118620 999526 66033 0 0 0 0 2545407 984712 1551444 9251 0 0 0 0 0 0 0 0 4616431 3861188 755243 0 2584056 2445136 138920 0 Championship - prize money 18250000 18250000 0 0 Championship - other expenses 51556261 50854949 81847 619465 5063174 2568050 2346551 148573 192358002 159294119 27445621 5618262 62938 69084 32789080 17805796 0 0 4658389 4509582 0 0 0 0 7500 0 541796 172529 13741256 15934114 75385532 39985785 26753787 35399747 228811305 228413185 85494660 79401394 0 0 0 0 0 0 392860711 381705431 14931114 18853992 0 0 51840147 40425472 0 0 0 0 0 0 0 0 0 16767147 20567716 83538408 79847180 X 309272106 301808054 0 0 50197 50197 309322303 301858251 392860711 381705431 X 16518728 -22783996 0 0 0 -1198784 X 0 1 X 1 0 X 13257782 19968269 21164940 16932728 21083894 92407613 114037744 117039349 123747083 143963353 178826579 677614108 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 127295526 137007618 144912023 160896081 199910473 770021721 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 770021721 7079866 5962004 8403013 8762023 18275218 48482124 857714 411819 425253 377550 454899 2527235 7937580 6373823 8828266 9139573 18730117 51009359 0 0 0 0 0 0 0 0 0 0 0 0 135233106 143381441 153740289 170035654 218640590 821031080 0.93787 0.94735 0.06213 0.05265 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X X X X 0 50197 0 4000 0 4000 0 50197 50197 0 4000 0 4000 0 50197 50197 0 4000 0 4000 0 50197 0 50197 0 0 0 0 50197 0 0 0 0 0 0 0 0 1 0 0 0 0 2192482 2192482 0 54709192 33761545 20947647 0 0 0 0 0 18483858 6224240 12259618 0 0 0 0 35399747 Emerging markets Fund 1572012 F Absolute return hedge fund 13329999 F Absolute return hedge fund 5756464 F Absolute return hedge fund 7863673 F Long/short hedge fund of funds 31727264 F Multi-strategy hedge fund 459610 F Infrastructure partnership 7182592 F Private equity fund of funds 11509780 F 79401394 0 Retiree medical plan 10879091 Defined benefit pension obligation in excess of plan assets 7370524 Deferred compensation 457(f) plan 2318101 20567716 X 202153221 0 0 0 10332725 10332725 191820496 0 17056234 17056234 208876730 201788154 0 0 0 10332725 10332725 191455429 0 902573 902573 192358002 Schedule D, Part III, Line 1 The USGA Museum collection includes works of art, library materials, photographic images, film and video, and artifacts of historical and cultural significance. The collection is held for public exhibition, education and research. No value is assigned to the collection in the statements of financial position. Schedule D, Part III, Line 4 The USGA Museum maintains the world's largest and most complete collection of golf history. By collecting, preserving and interpreting the historical developments of the game in the United States, with an emphasis on the USGA and its championships, the museum promotes a greater understanding of golf's cultural significance for a worldwide audience. The museum sponsors a rich array of programs designed to educate and inspire the public about the history of golf and the USGA's role in the game's development. The museum offers a wide variety of programming to suit audiences of all ages. Artifacts from the collection travel across the country, as well as internationally, to USGA championship sites, member clubs, and national and local museums and libraries. A comprehensive website enables photos, videos and other historical content to be shared with a worldwide audience. Schedule D, Part V, Line 4 In 2011, the USGA Foundation ceased to exist. Remaining assets and liabilities of the USGA Foundation were accepted by the USGA. Included in the assets and liabilities were two permanent endowment funds that had been created as a result of donations received in the 1980's. The first endowment is to fund junior golf programs and is the result of a $20,000 donation. The donor specified that only earned income should be used. The USGA will comply with this restriction by using all earned income to fund junior golf programs in the year the income is earned. The second endowment is to fund turf research and is the result of a $30,197 donation. The donor specified that only earned income should be used. The USGA will comply with this restriction by using all earned income to fund turf research in the year the income is earned. Schedule D, Part X, Line 2 The USGA is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code, except for any income derived from unrelated business activities. Tax of $235,303 and $117,509 were paid on unrelated business income in 2015 and 2014, respectively. The USGA filed the IRS Federal Form 990 and 990-T, as well as other forms required in various jurisdictions. The USGA adopted FASB ASC 740, "Income Taxes", as of December 1, 2009. Under ASC 740, an organization must recognize a liability for an uncertain tax position when it becomes more likely than not that the position will not be sustained. The USGA believes there are no material uncertain tax positions and, accordingly, has not recognized any liability for uncertain tax positions. Schedule D, Part XI, Line 2d $10,329,335 is cost of goods sold, as per Part VIII, line 10b. On the audited financial statements these expenses are program service expenses. $3,390 is loss on sale of company car. Schedule D, Part XI, Line 4b Investment income of $16,501,927, as per Part VII, Line 3. And realized gains on sales of investments of $554,307 as per Part VIII, Line 7c(i). On the audited financial statements, these revenues are netted against unrealized gains (losses) and investment management fees. On the audited financial statements, the net figure is recorded as an increase or (decrease) in net assets. Schedule D, Part XII, Line 2d $10,329,335 is cost of goods sold, as per Part VIII, line 10b. On the audited financial statements these expenses are program service expenses. $3,390 is loss on sale of company car. Schedule D, Part XII, Line 4b Investment fees of $902,572. On the audited financial statements, the net figure is recorded as an increase or (decrease) in net assets. 1 North America (including Canada and Mexico, but not the United States) 0 0 Program Services World Amateur Team Championship site visit travel 10638 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Work permit applications 7022 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Broadcast of USGA championships, including the U.S. Open 0 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Worldwide Handicap System briefing-travel 1840 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Golf Canada meeting-travel 2572 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Vancouver Golf Show-travel 1845 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Equipment Standards-related travel 1710 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Mexico Women's Amateur Championship-travel 1113 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Atlantic Canada GCSA Conference-travel 90 North America (including Canada and Mexico, but not the United States) 0 0 Program Services CGSCA conference speaker-travel 959 North America (including Canada and Mexico, but not the United States) 0 0 Program Services NCGA/WSCGA Annual Meeting-travel 594 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Mexican Golf Federation Annual Meeting-travel 784 North America (including Canada and Mexico, but not the United States) 0 0 Program Services US-China Youth Match expense reimbursement for the Mexican Golf Federation 15000 North America (including Canada and Mexico, but not the United States) 0 0 Program Services RBC Canadian Open rules official-travel 1844 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Membership meeting-travel 101 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Presentation to Nova Scotia GA-travel 878 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Canadian Turf Conference speakers-travel 1313 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Course Consulting Service visits-travel 19783 North America (including Canada and Mexico, but not the United States) 0 0 Program Services GCSA meeting and Turf Managers Association meeting-travel 1019 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Pan-Am games-travel 111 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Handicap seminar-travel 674 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Research support 3000 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Girls World Junior championship-travel 3647 Central America and the Caribbean 0 0 Program Services Latin American Amateur Championship site visit-travel 17111 Central America and the Caribbean 0 0 Program Services Course Consulting Service visit-travel 148 East Asia and the Pacific 0 0 Program Services Broadcast of USGA championships, including the U.S. Open 0 East Asia and the Pacific 0 0 Program Services World Amateur Team Championship site visit-travel 10481 East Asia and the Pacific 0 0 Program Services Forward Group Water Summit-travel 5217 East Asia and the Pacific 0 0 Program Services HSBC Golf Business Forum-travel 6022 East Asia and the Pacific 0 0 Program Services USA-China Youth Match player-travel 47045 East Asia and the Pacific 0 0 Program Services International qualifying for the U.S. Open and U.S. Women's Open - travel, course rental, and other expenses associated with conducting international qualifying in East Asia and the Pacific 208014 East Asia and the Pacific 0 0 Program Services Course Rating & Handicap-related travel 70680 East Asia and the Pacific 0 0 Program Services President's Cup-travel 2757 East Asia and the Pacific 0 0 Program Services USA/Mexico/China/Taiwan Junior match-travel 7810 Europe (including Iceland and Greenland) 0 0 Program Services Broadcast of USGA championships, including the U.S. Open 0 Europe (including Iceland and Greenland) 0 0 Program Services Software 14400 Europe (including Iceland and Greenland) 0 0 Program Services Painting of Jack Nicklaus for the museum 51195 Europe (including Iceland and Greenland) 0 0 Program Services World Amateur Golf Rankings - travel and joint costs 270908 Europe (including Iceland and Greenland) 0 0 Program Services WAGR service fee for data provided 31622 Europe (including Iceland and Greenland) 0 0 Program Services Broadcast TV negotiations - travel 4193 Europe (including Iceland and Greenland) 0 0 Program Services Course Rating and Handicap related travel 76975 Europe (including Iceland and Greenland) 0 0 Program Services International qualifying for the U.S. Open and the U.S. Women's Open - travel, course rental, and other expenses associated with conducting international qualifying in the UK 152642 Europe (including Iceland and Greenland) 0 0 Program Services Rules of Golf-related travel 74777 Europe (including Iceland and Greenland) 0 0 Program Services British Open, British Senior Open, British Amateur and Ladies' British Amateur championship travel 111744 Europe (including Iceland and Greenland) 0 0 Program Services Walker Cup - travel 153165 Europe (including Iceland and Greenland) 0 0 Program Services Equipment Standards-related travel 18079 Europe (including Iceland and Greenland) 0 0 Program Services Expenses related to US Open trophy repair 5260 Europe (including Iceland and Greenland) 0 0 Program Services IOC Golf Exhibit Opening - travel 2629 Europe (including Iceland and Greenland) 0 0 Program Services IGF meeting-travel 247 Europe (including Iceland and Greenland) 0 0 Program Services European Golf Association meeting-travel 11332 Europe (including Iceland and Greenland) 0 0 Program Services R & A Annual Meeting-travel 15863 Europe (including Iceland and Greenland) 0 0 Program Services R&A Pace Symposium-travel 7080 Middle East and North Africa 0 0 Program Services Broadcast of USGA championships, including the U.S. Open 81185 Russia and the newly independent States 0 0 Program Services Broadcast of USGA championships, including the U.S. Open 0 South America 0 0 Program Services Broadcast of USGA championships, including the U.S. Open 0 South America 0 0 Program Services Latin American Amateur Championship-travel 7545 South America 0 0 Program Services 2016 Olympics-travel 9621 South America 0 0 Program Services South American Amateur Championship-travel 24200 South America 0 0 Program Services Course Rating and Handicap System-related travel 2688 Sub-Saharan Africa 0 0 Program Services Broadcast of USGA championships, including the U.S. Open 0 0 0 1579172 North America (including Canada and Mexico, but not the United States) PJ Boatwright Internship grant 24000 check North America (including Canada and Mexico, but not the United States) PJ Boatwright Internship grant 24000 check Europe (including Iceland and Greenland) Sustainability 75000 Wire 3 0 1 0 0 1 1 0 Schedule F, Part I, Line 2 The USGA provides very few grants to organizations outside the United States. Such grants are approved by the Executive Committee, and/or sub-committee. Staff monitors the use of the funds to ensure that the grants are spent for proper purposes and are not otherwise diverted from intended use. Monitoring may include formal periodic reports from the organization or informal reports, depending on the nature of the grant and the organization it was distributed to. Schedule F, Part I, Line 3 In addition to the activities listed, the USGA owns shares of investment funds in the Cayman Islands and in the British Virgin Islands. Federal Form TD F 90-22.1 has been filed to report balances in these investment accounts. Also, Federal Form 8865 has been filed to report any current distributions to these investment accounts. X X X X 1 Dentino Marketing 515 Executive Drive Princeton NJ 08540 The USGA Members Program collects dues, a portion of which is recognized as contributions. Dentino Marketing provides advice only with respect to marketing strategies and the design of membership solicitations for the USGA Members Program. 0 0 66184 -66184 Marts & Lundy 1200 Wall Street West 5th Floor Lyndhurst NJ 07071 Consulting services for development program. 0 0 63617 -63617 0 129801 -129801 All States Schedule G, Part I, Line 2b(iv) Dentino's services were limited to providing advice for the solicitation of memberships for the USGA Members Program. Gross receipts specifically attributable to their advice cannot be calculated, and as a result, no gross receipts are reported. Marts & Lundy provided advice on establishing an in-house development office. 1 American Junior Golf Association 1980 Sports Club Drive Braselton GA 30517 581433914 501 (c) (3) 50000 Junior National Alliance for Accessible Golf 1733 King Street Alexandria VA 22314 300130896 501 (c) (3) 227500 Junior PGA of America Boys & Girls Clubs of America 100 Avenue of the Champions Palm Beach Gardens FL 33410 590785835 501 (c) (6) 250000 Junior Pikes Peak Golf Links attn Daryls Kast 103 E Cheyenne Road Colorado Springs CO 80906 208128551 501 (c) (3) 15000 Junior Special Olympics North America 4004 Barrett Drive Suite 206 Raleigh NC 27609 520889518 501 (c) (3) 35000 Disabilities The LPGA Foundation Inc LPGA USGA Girls Golf 100 International Golf Drive Daytona Beach FL 321241082 593085528 501 (c) (3) 400000 Junior World Golf Foundation The First Tee Programs 13000 Sawgrass Village Circle Suite 23 Ponte Vedra Beach FL 32082 592998925 501 (c) (3) 145572 Junior Alabama Golf Association 1025 Montgomery Highway Suite 210 Birmingham AL 35216 630809785 501 (c) (3) 16000 Internship Alabama Junior Golf Association 715 Lovejoy Road Ashville AL 35953 454940402 501 (c) (3) 6000 Internship Alaska Golf Association 9360 Old Seward Highway Anchorage AK 99515 920136766 501 (c) (7) 12000 Internship Anthracite Golf Association 617 Keystone Avenue Peckville PA 18407 232232769 501 (c) (4) 6000 Internship Arizona Golf Association 7600 E Redfield Road Suite 130 Scottsdale AZ 85260 860214071 501 (c) (4) 18000 Internship Arizona Womens Golf Association 141 E Palm Lane Suite 210 Phoenix AZ 85004 860342075 501 (c) (7) 24000 Internship Arkansas State Golf Association 3 Eagle Hill Court Suite B Little Rock AR 72210 710470120 501 (c) (3) 12000 Internship Atlanta Junior Golf Association 1425 Ellsworth Industrial Drive NW Suite 8 Atlanta GA 30318 581274404 501 (c) (3) 10000 Internship Buffalo District Golf Association PO Box 1582 Williamsville NY 14231 160912477 501 (c) (3) 6000 Internship Carolinas Golf Association 140 Ridge Road Southern Pines NC 28387 560509290 501 (c) (3) 24000 Internship Chicago District Golf Association Midwest Golf House 11855 Archer Ave Lemont IL 60439 360898927 501 (c) (4) 12000 Internship Colorado Golf Association 5990 Greenwood Plaza Blvd Suite 102 Greenwood Village CO 801114749 841248840 501 (c) (3) 24000 Internship Colorado Junior Golf Association 5990 Greenwood Plaza Blvd Suite 102 Greenwood Village CO 801114749 841248840 501 (c) (3) 22000 Internship Colorado Womens Golf Association 6 Inverness Court East Suite 105 Englewood CO 80112 742199758 501 (c) (3) 22000 Internship Connecticut State Golf Association 35 Cold Spring Rd Suite 212 Rocky Hill CT 06067 222587856 501 (c) (6) 20000 Internship Dayton District Womens Golf Association 263 Regency Ridge Drive Dayton OH 45459 311354888 501 (c) (7) 16000 Internship Delaware State Golf Association 7234 Lancaster Pike 302B Hockessin DE 19707 516018790 501 (c) (7) 16000 Internship Delaware Womens Golf Association 7234 Lancaster Pike 302B Hockessin DE 19707 510273670 501 (c) (4) 6000 Internship Florida State Golf Association 12630 Telecom Drive Tampa FL 336370935 592171378 501 (c) (3) 36000 Internship Georgia State Golf Association 121 Village Parkway Bldg 3 Marietta GA 30067 581145042 501 (c) (3) 20000 Internship Golf Association of Michigan 24116 Research Drive Farmington Hills MI 48335 386105801 501 (c) (6) 24000 Internship Golf Association of Philadelphia 1974 Sproul Road Suite 400 Broomall PA 19008 231303024 501 (c) (7) 30000 Internship Greater Cincinnati Golf Association 9200 Montgomery Road Suite 24B Cincinnati OH 452427794 316051373 501 (c) (7) 18000 Internship Hawaii State Golf Association 98025 Hekaha Street Building 2 Unit 204A Aiea HI 96701 990238385 501 (c) (7) 20000 Internship Hawaii State Junior Golf Association 4330 Kukui Grove Street Lihue HI 96766 990335776 501 (c) (3) 24000 Internship Houston Golf Association 5810 Wilson Road Suite 112 Humble TX 77396 741486171 501 (c) (3) 6000 Internship International Association of Golf Administrators 1974 Sproul Road Suite 400 Broomall PA 19008 411686399 501 (c) (6) 12000 Internship Idaho Golf Association PO Box 9958 Boise ID 837073958 237024930 501 (c) (7) 18000 Internship Indiana Golf Association PO Box 516 Franklin IN 46131 352015534 501 (c) (6) 18000 Internship Indiana Womens Golf Association PO Box 516 Franklin IN 46131 237332632 501 (c) (6) 6000 Internship Iowa Golf Association 1605 N Ankeny Blvd Suite 210 Ankeny IA 50023 421203480 501 (c) (4) 24000 Internship Junior Golf Association of Arizona 10888 North 19th Avenue Phoenix AZ 850294905 860464216 501 (c) (3) 6000 Internship Kansas City Golf Association 8330 Melrose Drive Lenexa KS 66214 440642880 501 (c) (4) 24000 Internship Kansa Golf Association 1201 Wakarusa Drive Suite B5 Lawrence KS 66049 480849570 501 (c) (4) 24000 Internship Kentucky Golf Association Golf House Kentucky 1116 Elmore Just Drive Louisville KY 40245 237150508 501 (c) (6) 22000 Internship Keystones Premier Golf Association 352 Dogwood Drive Delmont PA 15626 251634550 501 (c) (6) 6000 Internship Legends Junior Tour 2909 Cole Avenue Suite 305 Dallas TX 75204 752829588 509 (a) 2 6000 Internship Long Island Golf Association 114 Old Country Road Suite LL80 Mineola NY 11501 112996300 501 (c) (4) 8000 Internship Louisiana Golf Association 1003 Hugh Wallis Road S Suite A2 Lafayette LA 70508 726035874 501 (c) (4) 24000 Internship Maine State Golf Association 58 Val Halla Road Cumberland ME 04021 010488811 501 (c) (4) 20000 Internship Maryland State Golf Association Emich House Suite 145 1777 Reisterstown Rd Baltimore MD 21208 521326177 501 (c) (3) 12000 Internship Massachusetts Golf Association 300 Arnold Palmer Boulevard Norton MA 02766 042487562 501 (c) (3) 24000 Internship Metropolitan Amateur Golf Association 11777 Clayton Road St Louis MO 63131 431631448 501 (c) (4) 14000 Internship Metropolitan Golf Association 49 Knollwood Road Elmsford NY 10523 134109121 501 (c) (6) 24000 Internship Metropolitan Golf Association Foundation 49 Knollwood Road Elmsford NY 10523 133637689 501 (c) (3) 6000 Internship Miami Valley Golf Association 263 Regency Ridge Drive Dayton OH 45459 311437550 501 (c) (4) 22000 Internship Middle Atlantic Golf Association PO Box 3040 Gaithersburg MD 20885 521701359 501 (c) (6) 6000 Internship Minnesota Golf Association 6550 York Ave So Suite 211 Edina MN 55435 510152269 501 (c) (6) 22000 Internship Minnesota Womens Golf Association 6550 York Ave So Suite 211 Edina MN 55435 416023222 501 (c) (7) 8000 Internship Mississippi Golf Association 400 Clubhouse Drive Pearl MS 39208 630977191 501 (c) (4) 24000 Internship Missouri Golf Association PO Box 104164 Jefferson City MO 65510 431601005 501 (c) (4) 6000 Internship Missouri Junior Golf Foundation PO Box 104164 Jefferson City MO 65510 431820245 501 (c) (3) 6000 Internship Missouri Womens Golf Association PO Box 104164 Jefferson City MO 65510 431611467 501 (c) (3) 6000 Internship Montana State Golf Association PO Box 4306 Helena MT 59604 237025168 501 (c) (3) 10000 Internship Nebraska Golf Association 6618 South 118th Street Omaha NE 68137 237073030 501 (c) (4) 18000 Internship Nebraska Womens Amateur Golf Association 6618 South 118th Street Omaha NE 68137 237421608 501 (c) (7) 12000 Internship New Hampshire Golf Association 56 South State Street PO Box 2348 Concord NH 03301 020361092 501 (c) (6) 14000 Internship New Jersey State Golf Association 3 Golf Drive Suite 206 Kenilworth NJ 07033 226046575 501 (c) (6) 22000 Internship New York State Golf Association 4933 Jamesville Road Jamesville NY 13078 160866643 501 (c) (4) 12000 Internship North Central Pennsylvania Golf Association 545 Larch Road Sunbury PA 17801 232857964 501 (c) (4) 6000 Internship North Dakota Golf Association PO Box 452 Bismarck ND 58502 456023238 501 (c) (6) 12000 Internship Northern California Golf Association PO Box NCGA Pebble Beach CA 93953 941371594 501 (c) (6) 28000 Internship Northern Nevada Golf Association PO Box 5607 Reno NV 89513 943048863 501 (c) (4) 12000 Internship Northern Ohio Golf Association One Golfview Lane North Olmsted OH 44070 340149890 501 (c) (6) 12000 Internship Ohio Golf Association 1570 West First Avenue Columbus OH 43212 311080373 501 (c) (7) 8000 Internship Oklahoma Golf Association 2800 Coltrane Place Suite 2 Edmond OK 73034 260074714 501 (c) (4) 10000 Internship Oregon Golf Association 2840 Hazelnut Drive Woodburn OR 97071 232743830 501 (c) (6) 24000 Internship Oregon Junior Golf Association 2840 Hazelnut Drive Woodburn OR 97071 943091689 501 (c) (3) 10000 Internship Pacific Womens Golf Association 3101 Sunset Blvd Suite 1E Rocklin CA 95677 770044709 501 (c) (7) 18000 Internship Pennsylvania Golf Association 1974 Sproul Road Suite 400 Broomall PA 19008 231999959 501 (c) (6) 10000 Internship Puerto Rico Golf Association Paradise Commercial Center Ave Matadero 264 Ste 11 San Juan PR 00920 660276473 6000 Internship Rhode Island Golf Association One Button Hole Drive Suite 2 Providence RI 02909 222500471 501 (c) (4) 12000 Internship Rhode Island Golf Foundation Button Hole One Button Hole Drive Suite 1 Providence RI 02909 050497481 501 (c) (3) 10000 Internship Rochester District Golf Association 2024 W Henrietta Rd Suite 5H Rochester NY 14623 161218400 501 (c) (6) 8000 Internship South Carolina Golf Association PO Box 286 Irmo SC 29063 570563360 501 (c) (4) 6000 Internship South Dakota Golf Association 4809 West 41st Street Suite 202 Sioux Falls SD 57106 460310847 501 (c) (4) 20000 Internship Southern California Golf Association Youth On Course 3740 Cahuenga Blvd Studio City CA 91604 953858373 501 (c) (3) 16000 Internship Southern California Golf Association 3740 Cahuenga Blvd Studio City CA 91604 951240720 501 (c) (6) 32000 Internship Southern Nevada Golf Association 8020 West Sahara Avenue Suite 200 Las Vegas NV 89117 880134324 501 (c) (4) 22000 Internship Sun Country Amateur Golf Association 2316 Southern Blvd Suite D Rio Rancho NM 87124 850250912 501 (c) (7) 24000 Internship Tennessee Golf Association 400 Franklin Road Franklin TN 37069 621049477 501 (c) (4) 30000 Internship Texas Golf Association 2909 Cole Avenue Suite 305 Dallas TX 75204 750715222 501 (c) (4) 24000 Internship Texas Golf Association South Region 5810 Wilson Road Suite 108 Humble TX 77396 750715222 501 (c) (4) 24000 Internship Texas Golf Association Womens Operations 2909 Cole Avenue Suite 305 Dallas TX 75204 760294765 501 (c) (3) 24000 Internship Toledo District Golf Association 5533 Southwyck Blvd Ste 204 Toledo OH 43614 237430259 501 (c) (4) 8000 Internship Utah Golf Association 4444 S 700 E Suite 105 Salt Lake City UT 84107 870271572 501 (c) (7) 22000 Internship Utah Golf Association Womens Division 4444 S 700 E Suite 105 Salt Lake City UT 84107 870271572 501 (c) (7) 12000 Internship Utah Junior Golf Association PO Box 1577 American Fork UT 84003 870418413 501 (c) (3) 12000 Internship Vermont Golf Association PO Box 1612 Station A Rutland VT 05701 030289304 501 (c) (7) 12000 Internship Virginia State Golf Association 2400 Dovercourt Drive Midlothian VA 23113 540736931 501 (c) (4) 30000 Internship Washington Metropolitan Golf Association PO Box 3189 Gaithersburg MD 20885 541219991 501 (c) (3) 6000 Internship Washington State Golf Association 1010 South 336th Street Suite 310 Federal Way WA 98003 911432298 501 (c) (4) 24000 Internship West Virginia Golf Association 2115 Charleston Town Center Charleston WV 25389 550592904 501 (c) (4) 36000 Internship Westchester Golf Association 49 Knollwood Road Elmsford NY 10523 134091763 501 (c) (4) 8000 Internship Western Pennsylvania Golf Association 324 Fourth Street Pittsburgh PA 15238 250992795 501 (c) (6) 16000 Internship Wisconsin State Golf Association 11350 W Theo Trecker Way West Allis WI 53214 391092159 501 (c) (6) 14000 Internship Wisconsin Womens State Golf Association 11350 W Theo Trecker Way West Allis WI 53214 392028967 501 (c) (7) 6000 Internship Womens Golf Association of Massachusetts 300 Arnold Palmer Boulevard Norton MA 02766 222691109 501 (c) (7) 18000 Internship Womens Golf Association of Northern California 5776 Stoneridge Mall Road Suite 160 Pleasanton CA 94588 941295277 501 (c) (6) 8000 Internship Womens Metropolitan Golf Association 49 Knollwood Road Elmsford NY 10523 131484295 501 (c) (7) 24000 Internship Womens Southern California Golf Association 402 W Arrow Highway Suite 10 San Dimas CA 91773 956091889 501 (c) (3) 24000 Internship Wyoming State Golf Association 1779 Eagle Crest Court Laramie WY 82072 742445131 501 (c) (4) 16000 Internship Colorado State University Colorado State Office Johnson Hall Fort Collins CO 80523 846000545 3406(g)(1)(A) 16116 Turfgrass Kansas State University Sponsored Projects Accounting 10 Anderson Hall Manhattan KS 66506 480771751 501 (c) (3) 69964 Turfgrass Michigan State University Hannah Administration Building 426 Auditorium Rd Room 2 East Lansing MI 48824 386005984 501 (c) (3) 10000 Turfgrass National Turfgrass Evaluation Program BARC West Building 005 Room 307 Beltsville MD 20705 320218619 501 (c) (3) 30000 Turfgrass National Turfgrass Federation BARC West Building 001 Room 245 Beltsville MD 20705 320218619 501 (c) (3) 45000 Turfgrass The Research Foundation for SUNY New York State University Cash Receipts Department PO Box 9 Albany NY 12201 156023443 501 (c) (3) 29997 Turfgrass North Carolina State University Box 7214 2701 Sullivan Drive Raleigh NC 276957214 566000756 115(a) 10000 Turfgrass Ohio State University 202 Kottman Hall 2021 Coffey Road Columbus OH 43210 316401599 501 (c) (3) 6000 Turfgrass Oklahoma State University PO Box 645 Stillwater OK 74076 736017987 115(a) 91272 Turfgrass Oregon State University Office of Post Award Administration PO Box 1086 Corvallis OR 973391086 481278540 115(a) 12963 Turfgrass Purdue University 23510 Network Place Chicago IL 606731235 356002041 509 (a) (1) 62087 Turfgrass Purdue University Lily Hall of Life Sciences 915 West State Street West Lafayette IN 479072054 356002041 509 (a) (1) 10000 Turfgrass Rutgers University Foran Hall Box 231 New Brunswick NJ 08903 226001086 501 (c) (3) 10000 Turfgrass Rutgers University ASB III 3 Rutgers Plaza 2nd Floor New Brunswick NJ 089018559 226001086 501 (c) (3) 59986 Turfgrass Rutgers University 65 Davidson Road Room 302 New Brunswick NJ 08854 226001086 501 (c) (3) 28731 Turfgrass Texas A and M Agrilife Research 400 Harvey Mitchell Parkway South College Station TX 77845 742847483 501 (c) (3) 52094 Turfgrass Texas Agrilife Research 2147 TAMU College Station TX 778432147 741238434 501 (c) (3) 27484 Turfgrass Texas Tech University Office of Research Accounting Box 4110 Lubbock TX 794091105 756002622 170(c) (1) 20000 Turfgrass University of Arizona 1303 E University Blvd Tucson AZ 857190521 866004791 115(a) 25878 Turfgrass University of Arizona PO Box 210158 Tucson AZ 857210158 866004791 115(a) 25777 Turfgrass University of Arkansas Horticulture Department Plant Sciences Room 316 Fayetteville AR 72701 716003252 501 (c) (3) 14000 Turfgrass University of Connecticut 438 Whitney Road Ext Unit 1133 Storrs CT 062691133 066000798 501 (c) (3) 15000 Turfgrass University of Florida 302 Tigert Hall Gainesville FL 326113001 596002052 501 (c) (3) 15000 Turfgrass University of Florida PO Box 113001 Gainesville FL 326113001 596002052 501 (c) (3) 8630 Turfgrass University of Georgia PO Box 748 Ttrifton GA 31793 586001998 501 (c) (3) 10000 Turfgrass University of Georgia Reseach Foundation Boyd Graduate Studies Research Ctr 6th Floor Athens GA 306027411 586001998 501 (c) (3) 10000 Turfgrass University of Massachusetts Butterfield Terrace Research Admin Building Amherst MA 010039242 043167352 501 (c) (1) 25000 Turfgrass University of Minnesota 450 McNamara Alumni Center Minneapolis MN 55455 416007513 170(a)(1) 10000 Turfgrass Regents of the University of Minnesota PO Box 1450 Minneapolis MN 554855957 416007513 170(a)(1) 10000 Turfgrass University of Missouri PO Box 807012 Kansas City MO 641807012 436003859 115(a) 53886 Turfgrass The Curators of the University of Missouri PO Box 807012 Kansas City MO 641807012 480771751 115(a) 9915 Turfgrass University of Nebraska 312 N 14th Street Alexander West Lincoln NE 685880430 470049123 501 (c) (3) 51557 Turfgrass University of Nebraska 151 Whittier Research Center Lincoln NE 685830861 470049123 501 (c) (3) 15080 Turfgrass University of Nebraska Lincoln 2200 Vine St 151 Whittier Research Center Lincoln NE 685830861 470049123 501 (c) (3) 56442 Turfgrass University of Tennessee 2431 Joe Johnson Drive 252 Ellington Plant Sciences Bldg Knoxville TN 37996 626001636 512(b)(9) 6000 Turfgrass University of Tennessee 103 Morgan Hall Knoxville TN 379964506 626001636 512(b)(9) 10000 Turfgrass University of Wisconsin 246 Russell Laboratories 1630 Linden Drive Madison WI 53706 396006492 501 (c) (3) 7000 Turfgrass Board of the Regents of Wisconsin 21 N Park Street Suite 6401 Madison WI 537151218 396006492 501 (c) (3) 12456 Turfgrass USDA Agricultural Research Service 1815 N University Street Attn Lisa Gettinger Peoria IL 61604 720564834 Federal Agency 20000 Turfgrass USDA Agricultural Research Service 2150 Centre Avenue Building D Suite 310 Fort Collins CO 805268119 720564834 Federal Agency 10000 Turfgrass USDA Agricultural Research Service 1001 Holleman Drive East College Station TX 778404117 720564834 Federal Agency 13825 Turfgrass GCSAA 1421 Research Park Drive Lawrence KS 660493859 590874226 501 (c) (6) 10000 Turfgrass Doug Bechtel Audubon International Headquarters 120 Defreest Drive Troy NY 12180 141698061 501 (c) (3) 50000 Nature Grant The Nature Conservancy Mylene Lamme Eastern New York Office Suite 201 195 New Karner Road Albany NY 12205 530242652 501 (c) (3) 50000 Nature Grant Michigan State University Contract and Grant Administration Hannah Administration Building 426 Auditorium Road Room 2 East Lansing MI 48824 386005984 501 (c) (3) 75000 Turfgrass National Turfgrass Evaluation Program Beltsville AG Research Center West Bldg 005 Room 307 Beltsville MD 20705 320218619 501 (c) (3) 100000 Resource Conservation grant The Environmental Institute for Golf GCSAA Headquarters 1421 Research Way Lawrence KS 66049 590994338 501 (c) (3) 210000 GCSAA Cooperative Research grant ASGCA Foundation 125 N Executive Drive Brookfield WI 53005 237385866 25000 Resource Conservation Jack Nicklaus Museum Inc 5750 Memorial Drive Dublin OH 43017 650220781 40000 Museum 63 95 Schedule I, Part I, Line 2 The USGA provides grants to junior golf programs located throughout the United States, as well as to programs to assist physically challenged golfers. The USGA provides grants to state and regional associations to finance golf administration internships. The USGA provides grants to colleges and universities to finance turfgrass research and environmental research that may benefit golf courses. In all cases, staff members monitor the use of funds to ensure that the grants are spent for the proper purposes and are not otherwise diverted from intended use. Monitoring normally includes formal periodic reports from the recipient organization, detailing program progress and use of funds. Monitoring can also include informal reports, depending on the nature of the grant and the organization it was distributed to. For example, grants to junior golf programs typically require the recipient organization to complete a formal assessment report that includes information about program outcomes, financial compliance, participant statistics, program schedule, instruction provided, and follow-up support. Such information is subject to audit, at the USGA's sole discretion. In all cases, unspent funds must be returned to the USGA. Grants to state and regional associations for golf administration internships typically require the recipient organization to complete a report describing the internship activities and accomplishments, and account for all internship salary payments. Additionally, the intern is required to complete an evaluation on their internship responsibilities and confirm the duration of their employment. Again, unspent funds must be returned to the USGA. Grants to colleges and universities for turfgrass research and environmental research typically require the recipient organization to complete a report describing in detail the results of the research, and account for all funds spent. Unspent funds must be returned to the USGA. X X X 1 1 X X X X 0 1 0 1 0 0 0 0 0 Mike Davis Executive Director 676517 0 65000 0 18690 0 79070 0 15526 0 854803 0 0 0 Kathryn Carson Assistant Secretary and Chief Legal Officer 342981 0 6300 0 15179 0 23534 0 14708 0 402702 0 0 0 Terence Brady Assistant Treasurer and Managing Director, Finance 167420 0 12000 0 7498 0 14981 0 22197 0 224096 0 0 0 Michael Butz Senior Managing Director 468260 0 40000 0 108687 0 30066 0 17414 0 664427 0 0 0 Sarah Hirshland Senior Managing Director 459173 0 75000 0 5303 0 43892 0 22689 0 606057 0 0 0 John Bodenhamer Senior Managing Director 430039 0 40000 0 10965 0 39483 0 22689 0 543176 0 0 0 Rand Jerris Senior Managing Director 414346 0 40000 0 5467 0 20586 0 23385 0 503784 0 0 0 Steven Schloss Senior Managing Director 300000 0 0 0 14607 0 18577 0 22341 0 355525 0 0 0 Reg Jones Senior Director, U.S. Open Championships 283409 0 22000 0 -483 0 10527 0 22689 0 338142 0 0 0 Mary Lopuszynski Senior Director, Merchandise & Licensing 283409 0 20000 0 1459 0 10387 0 8962 0 324217 0 0 0 Jeff Hall Managing Director, Rules & Competitions 254015 0 11400 0 22267 0 5825 0 22689 0 316196 0 0 0 John Spitzer Managing Director, Equipment Standards 262973 0 12000 0 11849 0 676 0 22689 0 310187 0 0 0 Tim Flaherty Managing Director 260215 0 11650 0 2489 0 8018 0 23039 0 305411 0 0 0 Schedule J, Part I, Line 1a (1.) The USGA has a written policy regarding use of corporate jet shares. Such use is strictly limited to USGA business travel, as per USGA policy, and is subject to Audit Committee review and approval. (2.) The USGA's expense reimbursement policy excludes reimbursements for health club dues and social club dues. However, one special exception to the social club dues restriction was specifically approved by the Executive Committee and/or the Compensation Committee. This exception is for the Executive Director/CEO and is based on the specific USGA business needs associated with the position held. Schedule J, Part I, Line 4 In calendar 2014, the USGA issued compensation defined as per line 4b. The amounts reported in Schedule J Column C relating to the Supplemental Defined Benefit Pension Plan (under IRC 457(f)) are as follows: Davis $71,270 and Butz $22,266. The amounts reported in Schedule J Column C relating to Nonqualified Defined Contribution Plan are as follows: Carson $5,684, Hirshland $18,242, Bodenhamer $13,833, Jerris $12,786, Schloss $727, Jones $2,727, Lopuszynski $2,587, Hall $500, Spitzer $676 and Flaherty $500. Schedule J, Part I, Line 5 Executive Director/CEO and senior leadership team participate in an incentive compensation plan with metrics measured against strategic organizational objectives and financial results. Incentive compensation requires input from compensation committee, a standing committee of the organization's Executive Committee, and approval by the President. Incentive plan may not exceed budget. Total compensation (base salary and incentive compensation plan) for the Executive Director/CEO and senior leadership team is externally benchmarked on a regular basis. The benchmarking process is conducted by a third-party and review by the President. X 146 0 See M Part II X 0 See M Part II X Donated golf balls 1 277200 fair market value 0 0 1 0 Schedule M, Part I, Line 31 The USGA has a gift acceptance policy for any item being donated to the USGA Museum. The USGA also has a gift acceptance policy for any non-standard contributions to the USGA. Procedures include reviews by the appropriate staff before any such contribution can be accepted. Where appropriate, the Chief Legal Officer is consulted. Schedule M, Part I, Line 33 As permitted under SFAS 116 (ASC 958), the USGA chooses not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service. Form 990, Part I, Line 6 The estimate for volunteers represents people who serve on a USGA committee or USGA sub-committee. The estimate also includes the thousands of individuals who volunteer their time at USGA championships, and contribute toward the success of those USGA championships. Form 990, Part IV, Line 8 The museum collection, consisting of historical artifacts, works of art, library materials, photographic images, film and video, and other golf memorabilia is owned by the USGA. Form 990, Part VI, Section A, Line 4 During 2015, the United States Golf Association (the "Association") amended its bylaws, making the following significant changes. The quorum for a meeting of the Executive Committee has been raised from one-third of the members of the Executive Committee to a majority of the members of the Executive Committee; The officers of the Association no longer include vice-presidents; A new officer position of President-Elect has been created (nominated by the Nominating Committee); The President no longer serves as the Chief Executive Officer of the Association; The President serves as the Chair of the Executive Committee; The requirement that at least six of the candidates nominated by the Nominating Committee as officers or for the Executive Committee be selected from present or past members of governing boards of six different State, district or sectional golf associations has been decreased to require that at least three of the nominated candidates be selected from present or past members of governing boards of three different State, district or sectional golf associations. Form 990, Part VI, Section A, Line 6 The USGA is an association of member clubs and courses. While application for membership is open to any golf club, golf course or golf training facility, as specified and defined in the USGA By-Laws, voting privileges are limited to member clubs. Voting privileges do not extend to member courses or to member golf training facilities. Membership applications are reviewed and subject to approval or rejection at the discretion of the Executive Committee. Membership is automatically continuous unless interrupted by written resignation or expulsion in accordance with USGA By-Laws. Acceptance of membership binds each member to uphold all provisions of the USGA's Certificate of Incorporation, and By-Laws and other rules, to accept and enforce all rules and decisions of the Executive Committee acting within its jurisdiction and to otherwise conduct itself in a manner that furthers the interests of the USGA to promote the best interests and true spirit of the game of golf. (The USGA is organized and exists under the Non-Profit Corporation Laws of the State of Delaware. The USGA is a non-stock entity.) Form 990, Part VI, Section A, Line 7a The Executive Committee is the governing body of the USGA. The Executive Committee consists of fifteen voting members, including the five officers. Each member of the Executive Committee is elected at the annual meeting of the USGA and holds office until the annual meeting next succeeding his or her election and his or her successor is elected and qualified, or until his or her resignation or removal. Each member club is entitled to be represented by one voting delegate at the annual meeting of the USGA. Duly certified proxies may be voted by voting delegates at the annual meeting of the USGA. Form 990, Part VI, Section A, Line 7b The USGA By-Laws provide that they may be altered or repealed by member clubs acting pursuant to the By-Laws. Form 990, Part VI, Section B, Line 11b The Federal Form 990 is compiled by USGA staff. After appropriate staff has thoroughly reviewed the Federal Form 990 and deemed it to be accurate and complete, a copy of the Federal Form 990 is provided to the Executive Director and to all Executive Committee members (all voting Board members) for their review. After the Federal Form 990 is reviewed by all Executive Committee members, it is signed by an officer and submitted to the IRS. Form 990, Part VI, Section B, Line 12c The USGA requires Executive Committee members and USGA employees to administer their affairs honestly and efficiently, exercising due care, skill and judgment for the benefit of the USGA. It is the responsibility of Executive Committee members and USGA employees to make a full disclosure of any personal involvement which might result in a conflict of interest or the appearance of a conflict of interest on their part. Such disclosures are submitted to the Audit Committee Chair and/or the Chief Legal Officer for review and consideration as per stated procedures. Additionally, once a year, the USGA requires Executive Committee members and USGA employees to review the USGA's conflict of interest policy and submit a statement attesting to their understanding of and compliance with the policy. Any conflict of interest or the appearance of a conflict of interest must be included on the submitted statement. The Audit Committee reviews the statements and makes any necessary decisions to manage and/or eliminate the conflicts. Form 990, Part VI, Section B, Line 15 On a periodic basis, the USGA does a thorough review of compensation for the Executive Director and the executive team. This review includes a compensation survey by an independent compensation consultant, and consideration of comparability data obtained from other sources. The survey and data are carefully considered by the USGA's Compensation Committee to ensure that compensation is reasonable and appropriate. An external consultant prepared an "Executive Cash Compensation Update" (Intermediate Sanctions) report dated November 9, 2012. This report is used to make compensation decisions for USGA executives. Substantiation of the deliberation and decision of the compensation committee is maintained in the meeting minutes. In addition, employees of the USGA undergo a thorough evaluation process at the end of each year. Performance and goals are carefully reviewed and documented, then discussed with the employee. Merit increases and bonus awards are determined based on these evaluations. See Schedule J, Part III response to Schedule J, Part I, Line 5 for detail. Form 990, Part VI, Section B, Line 16b The USGA currently has no joint ventures, however, the USGA has a joint ventures policy to ensure that all potential arrangements are consistent with the organization's tax exempt status under IRC Section 501(c)(3). Specifically, the purpose of the policy is to set forth guidelines to help ensure that arrangements with for-profit entities will not jeopardize the USGA's tax exempt status. Form 990, Part VI, Section C, Line 19 The USGA makes the following documents available to the public by providing them to GuideStar to post on their website at www.guidestar.org: IRS Letter of Determination; Federal Form 1023; Federal Form 990; Federal Form 990-T; audited financial statements. The USGA also makes its governing documents and conflict of interest policy available to the public "upon request" at its headquarters location in New Jersey, during normal business hours. Form 990, Part VIII, Line 1g As noted on Schedule M, the USGA receives non-cash donations. Some non-cash donations are for the museum collection. And some non-cash donations are to assist with USGA championships. The USGA does not record or assign a value to these non-cash donations. The amount reported on line 1g represents fair market value of donated practice range golf balls for USGA championships. Form 990, Part IX, Line 11e Dentino provides advice only for the solicitation of memberships for the USGA Members Program. Form 990, Part XI, Line 9 Effect of changes to unfunded postretirement benefit obligations of $1,198,784. On the audited financial statements, these expenses are recorded as an increase or (decrease) in net assets.