2015-11-16T10:19:00-06:00 2014-12-31 990 2014-01-01 132946690 USTA National Tennis Center Incorporated % USTA ACCOUNTING DEPARTMENT USTA 70 West Red Oak Lane White Plains NY 10604 Gordon Smith Vice President 9146967000 2015-11-13 2014 2016-02-25 16:41:14Z David Haggerty 70 West Red Oak Lane White Plains NY 10604 57015977 false X www.usta.com X 1978 NY TO PROMOTE AND DEVELOP THE GAME OF TENNIS AS A MEANS TO HEALTHFUL RECREATION AND PHYSICAL FITNESS AND TO OPERATE A YEAR-ROUND PUBLIC RECREATIONAL FACILITY. 15 7 1171 0 0 425000 57107608 56896351 0 -698300 330318 392926 57437926 57015977 0 0 0 0 8593337 9469917 0 0 0 54955338 62704049 63548675 72173966 -6110749 -15157989 239799352 538265262 113251296 426242601 126548056 112022661 TO PROMOTE AND DEVELOP THE GAME OF TENNIS AS A MEANS TO HEALTHFUL RECREATION AND PHYSICAL FITNESS AND TO OPERATE A YEAR-ROUND PUBLIC RECREATIONAL FACILITY. false false 11921269 4096985 The Community Tennis Development Program at the USTA Billie Jean King National Tennis Center promotes and develops the game of Tennis for youngsters and the general public through Tennis Clinics and Development; Tournaments; Summer Camps and Teaching Programs. It is estimated that over 100,000 individuals utilized the facility in 2014. See Schedule O for further discussion of this program service activity. 57708749 49623531 The USTA Billie Jean King National Tennis Center provides the facility used for holding the US Open Tennis Championships, open to male and female professional and amateur tennis players. NTC's exempt purposes includes operation of tennis facilities, part of which includes the US Open. In 2014, the US Open topped 700,000 fans in attendance for the seventh time in eight years. 57907 202629 In accordance with the New York City lease and in furtherance of its charitable purpose of lessening the burdens of the goverment of the City of New York, the NTC is available for recreational events, ethnic and community festivals, scholastic athletic events and other public spectator events. The facility is a largely year-round public facility for the people of NYC. 69687925 true true false true false false false false false true false false false true true true true false false false false false false false false false false false true false false false false false false false false false false false false false true false true false true 45 0 true 1171 true false false false false false false false false false false X 15 7 false false false false true true true true true false false true true true true true true true true false NY X USTA ACCOUNTING DEPARTMENT 9146967000 70 WEST RED OAK LANE White Plains NY 10604 Dave Haggerty Director, Pres. & CEO 4.0 26.0 X X 0 26933 0 Katrina Adams Director, VP 3.0 20.0 X X 0 18200 0 Thomas Ho Director, VP 3.0 8.0 X X 0 15000 0 Donald Tisdel Director, VP 3.0 8.0 X X 0 15000 0 Patrick Galbraith Director, Sec/Treas. 3.0 8.0 X X 0 15000 0 Chanda Rubin Director at Large 2.0 6.0 X 0 25600 0 Todd Martin Director at Large 2.0 6.0 X 0 27000 0 Andrew Valdez Director at Large 2.0 6.0 X 0 0 0 Alexander Boyd AndrewsIV Director at Large 2.0 6.0 X 0 0 0 Joan Baker Director at Large 2.0 6.0 X 0 0 0 Raymond Benton Director at Large 2.0 6.0 X 0 0 0 Mark Ein Director at Large 2.0 6.0 X 0 0 0 Jeff Williams Director at Large 2.0 6.0 X 0 0 0 Brian Vahaly Director at Large 2.0 6.0 X 0 0 0 Jonathan Vegosen Director(Past President) 2.0 6.0 X 0 0 0 Gordon A Smith Vice President 15.0 40.0 X 0 1170664 131591 Daniel Zausner VP, Chief Operating Officer 40.0 0.0 X 803767 0 76992 Joseph Crowley Sr. Director, NTC Operations 40.0 0.0 X 215012 0 28900 Charles Jettmar Director, NTC Capital Projects 40.0 0.0 X 212256 0 40490 Monica Harrigan Sr. Director,Ticket Operations 40.0 0.0 X 174266 0 18900 Todd Whitney Kraft Director, NTC Tennis Programs 40.0 0.0 X 181793 0 35243 1587094 1313397 332116 5 false true false Hunt Construction Group Inc 6720 N Scottsdale Road Suite 300 SCOTTSDALE AZ 85253 Construction 31217161 STR InternationalWJ Northridge A J 20 Railroad Street HUNTINGTON STATION NY 11746 Construction 21037072 Matthew L Rossetti Architec PC Two Towne Square Suite 200 SOUTHFIELD MI 48076 Engineer/Architect 10959051 Anchor Contractors 280 West Jamaica Avenue VALLEY STREAM NY 11580 Construction 3046245 Adco Electrical Corporation 201 Edward Curry Avenue STATEN ISLAND NY 10314 Electrical 2464760 36 425000 425000 TENNIS TOURNAMENT 50395531 50395531 COURT RENTAL PROGRAMS 4096985 4096985 SPECIAL EVENTS 202629 202629 RENTAL INCOME FROM EXEMPT AFFILIATE 1793808 1793808 HURRICAN SANDY INSURANCE PROCEEDS 113000 113000 294398 294398 56896351 73700 0 0 392926 392926 0 392926 -772000 -772000 -772000 -772000 0 0 0 0 57015977 56124351 0 0 0 0 897721 673291 224430 0 7120021 7077183 42838 194710 193425 1285 442921 439864 3057 814544 811348 3196 0 236258 15794 220464 40000 20000 20000 120050 120050 0 0 556321 542941 13380 119126 119126 359657 320965 38692 42366 37377 4989 0 13651185 12781391 869794 895082 895082 0 0 5009382 5009382 0 27560661 26796184 764477 220729 130729 90000 EARLY EXTINGUISHMENT OF DEBT 5459591 5459591 EVENT TRANSPORTATION 2050096 2050096 SECURITY GUARD SERVICES 1817573 1817573 EQUIPMENT RENTAL & MAINTENANCE 1050289 1013821 36468 3515683 3482762 32921 72173966 69687925 2486041 0 0 0 2251911 222114539 0 0 1433080 2161365 0 0 0 0 0 0 0 0 242698 183564 690396125 383470962 232870852 306925163 0 0 0 0 0 0 0 0 3000811 6880631 239799352 538265262 44292183 19348666 0 0 2112789 1692428 45640488 0 0 0 0 0 20315000 400000000 94000 0 796836 5201507 113251296 426242601 X 126548056 112022661 0 0 0 0 126548056 112022661 239799352 538265262 -15157989 632594 X false true X true false X 0 0 0 0 425000 425000 52151027 48791019 60641472 57107608 56896351 275587477 0 0 0 52151027 48791019 60641472 57107608 57321351 276012477 0 0 0 276012477 503929 219903 338509 330318 466626 1859285 0 503929 219903 338509 330318 466626 1859285 0 0 52654956 49010922 60979981 57437926 57787977 277871762 0.99331 0.99483 0.00669 0.00517 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 132543 false false 132543 false Description of Lobbying Activity Lobbying activities to accomplish land and other matters affecting the USTA Billie Jean King National Tennis Center. 55310 55310 11975331 8905101 3070230 502742972 293801707 208941265 64453640 58783867 5669773 111168872 21980287 89188585 306925163 0 NOTE INTEREST PAYABLE 4845049 SECURITY DEPOSITS 356458 5201507 57091237 75260 75260 57015977 57015977 72249226 75260 75260 72173966 72173966 Donated Tennis Court Time Donated tennis court time. Fin 48 Disclosure NTC has not taken an unsubstantiated tax position that would require provision of a liability under ASC 740, "Income Taxes". X X X X X X false false false false false false false false false Gordon A Smith Vice President 0 744211 0 409262 0 17191 0 110927 0 20664 0 1302255 0 98905 Daniel Zausner VP, Chief Operating Officer 544853 0 252472 0 6442 0 64108 0 12884 0 880759 0 0 0 Joseph Crowley Sr. Director, NTC Operations 171340 0 43242 0 430 0 6049 0 22851 0 243912 0 0 0 Charles Jettmar Director, NTC Capital Projects 165745 0 46231 0 280 0 12592 0 27898 0 252746 0 0 0 Monica Harrigan Sr. Director,Ticket Operations 144175 0 29661 0 430 0 9853 0 9047 0 193166 0 0 0 Todd Whitney Kraft Director, NTC Tennis Programs 151282 0 29707 0 804 0 10748 0 24495 0 217036 0 0 0 Description of Program Activities In 2014 the USTA National Tennis Center, Inc. ("NTC") consisted of Arthur Ashe Stadium, Louis Armstrong Stadium, Grandstand Court,the indoor tennis facility with 12 courts, the players'lounge, the players'locker rooms, restaurants, a pro shop, offices and 20 outdoor courts on 46 acres of New York City park land in Flushing Meadows-Corona Park in Flushing, New York. All operating and maintenance expenses of the facility are borne by the NTC. As described more fully below, the NTC operates programs at the facility year-round. In 1991 it was determined that an expanded and improved facility was needed in order to properly fulfill the NTC's exempt purposes of providing recreational and civic facilities for the general public. To facilitate the needed expansion, the NTC and the City of New York entered into a long-term ground lease on December 22, 1993, for 46 acres. The lease, including renewal options, is for 99 years. Construction of the facility began in March, 1994 and was fully completed in time for the 1998 US Open. Then, and afterward Construction of various capital improvements has been financed through the issuance of various tax-exempt bonds by the NYC Industrial Development Agency ("IDA") and taxable bonds, all of which have been refunded or legally defeased in 2014. In 2006 the NTC began the construction of a new indoor tennis facility which was completed in 2008. The new facility includes 12 indoor tennis courts and enables public play and utilization of the facility year-round. In 2014 the NTC entered into a series of financing transactions referred to as the Private Placement. The Private Placement consisted of $400 million in Senior Secured Fixed Rate Notes and a $75 million Senior Secured Revolving Credit Facility. A portion of the Proceeds of this financing were used to legally defease the Bonds, both taxable and non-taxable, as discussed above. The majority of the proceeds of the Private Placement are to provide funding for a number of capital projects at the USTA Billie Jean King National Tennis Center. The right to sell tickets for the US Open Tennis Championships and to collect the related revenue belongs to the NTC pursuant to an agreement between the NTC and the United States Tennis Association, Inc. ("USTA"), dated as of July 1, 1993, as amended from time-to-time. Pursuant to the NTC's lease with New York City, certain Private Placement documents, and the agreement with the USTA, the US Open Tennis Championships are held annually at the facility. Community Tennis Development The Community Tennis Development program at the NTC provides for diverse and multiple modalities designed to promote and develop the game of tennis. The overarching goal is to ensure all participants, regardless of age and gender, pursue activities which enrich their health and physical fitness, in addition to promoting valuable social skills. This goal is achieved through the NTC's: Recreation Facility - The NTC is open to the public seven days a week, except for the time period of the US Open Tennis Championships, three holidays, or when closed for necessary repairs. Through Community Outreach initiatives, the general public is encouraged to come and utilize the indoor and outdoor tennis courts and other facilities. Courts may be reserved two days in advance or used on the day of play on a first-come, first-served basis. In 2014, it is estimated that more than 100,000 individuals utilized the facility. Tennis Clinics and Development - The NTC conducts community outreach clinics such as: Community District 21 "Health and Fitness Day" at the NTC; Queens Day and Ace'ing Autism clinics at the US Open; Friday's "Under the 7" street clinics; Play Streets throughout the borough of Queens; and the Queens District Attorney's Star Track "Say Yes to Tennis, No to Violence" program for at-risk youngsters. The NTC also actively supports partner organizations including: New York Junior Tennis and Learning; the NYC Department of Parks and Recreation; and the City Parks Foundation, which provides thousands of youth with a free opportunity to learn and play tennis. Free tennis workshops are also conducted for recreational tennis coaches. In addition to the clinics, the NTC provides tennis instruction with an educational component for local elementary schools through our ACES(Alternative Classroom Environment for Students)progam. NTC Tournaments/Events - This program promotes tennis play at the NTC by providing various competitions for local players. Hundreds of boys and girls, ages 6-10 years old, participate in organized, fun, non-elimination, maximal encounter Play Days and Events utilizing short courts, low compression tennis balls and appropriately sized racquets. Older youngsters participate in USTA sanctioned tournaments such as the USTA NTC Junior Classic, a larger, Level 1 sectional tournament, held for boys and girls from New York, New Jersey and Connecticut. NTC Summer Camps - Hundreds of NYC children attend our Summer Camps, in which they are provided basic tennis instruction, including multi-sport cross-training. The 10 & Under Tennis format is specifically designed to "fit" younger children. In addition to basic fitness, all campers are imbued with qualities of good sportsmanship, leading to overall character building. These services are provided at an affordable cost, making it possible for youngsters who would not otherwise get the chance to attend camp or receive tennis instruction. In addition, scholarships are provided at local "ACES" program schools. More than 800+ youngsters participated in the seven week session in 2014. NTC Teaching Programs - These programs provide the public with quality, reasonably-priced tennis instruction from USPTA and/or PTR certified full-time teaching staff. These teaching programs service thousands of players, from the very young(3 years old) to our senior citizens(90+ years old) with a wide variety of lesson plans suited to their abilities. The instructors also work in conjunction with other NTC programs such as adaptive tennis for physically and/or intellectually challenged populations. 990 Review Process Upon completion by the staff, the Form 990 is reviewed by internal and external legal counsel. Then, the Form 990 is reviewed by the NTC's Audit Committee. The Form 990 is also distributed to the full Board of Directors in advance of filing. Conflict of Interest-Line 12C of Part VI The NTC has a Conflict of Interest and Disclosure Policy that applies to all employees, and a separate conflict of interest policy for Board Members; each of the policies are substantially the same. The Conflict of Interest and Disclosure Policy requires each employee and Board Member to report all interests and relationships that could present a potential conflict of interest. NTC obtains annual certifications from employees and Board Members. The Ethics Officer of NTC's Sole Member, USTA, reviews the completed disclosure statements for employees and the Chair of NTC's Audit Committee reviews the completed disclosure statements for the Board Members. The Ethics Officer and the Chair of the Audit Committee have the discretion to share the disclosure statements with the entire Audit Committee, Board of Directors and/or the Chief Operating Officer. The Ethics Officer and the Chair of the Audit Committee determine whether a conflict exists and mark their decision on the disclosure statement, also indicating the required corrective action should they determine that a conflict exists (which may include, but is not limited to, prohibition in participating, deliberating and deciding issues and/or in transactions). Compensation Review and Approval-Line 15 of Part VI The Compensation Committee has responsibility for establishing a compensation strategy and setting the compensation of the key employees of NTC. The Compensation Committee meets a minimum of four times per year and maintains minutes of its meetings. Compensation and incentive plan levels are set by the Committee following review of appropriate comparability data. Appropriate comparability data includes, but is not limited to, (i) information regarding compensation paid by similar organizations for similar services, (ii) the availability of similar services in the organization's geographic area, and (iii) compensation surveys compiled by independent firms. Public Availability of Organization's Documents-Line 19, PartVI Upon request the public is provided copies of the Organization's tax return, Form 990, which has all of the Organization's financial information. In addition, the Bylaws and the conflict of interest policy are also available upon request from the Organization's legal department. Member Organization The USTA is the sole member of NTC and elects the directors of NTC. Pursuant to NTC's Bylaws, the sole member has the right to remove directors with or without cause, to fill vacancies in the Board of Directors, and to amend the Certificate of Incorporation and the Bylaws of NTC. In addition, the sole member has the right to approve or ratify certain decisions of the Board of Directors of NTC (such as the decision to merge or dissolve) pursuant to the State of New York Not-for-Profit Corporation Law. United States Tennis Association Inc 70 West Red Oak Lane White Plains NY 10604 135459420 Tennis NY 501(C)(6) NA false USTA PLAYER DEVELOPMENT INCORPORATED 70 WEST RED OAK LANE WHITE PLAINS NY 10604 271368195 YOUTH DEVELOP NY 501(C)(3) 11A USTA false USTA SERVES INC 70 WEST RED OAK LANE WHITE PLAINS NY 10604 133782331 GRANT GIVING NY 501(C)(3) 7 USTA false Cincinnati Tennis LLC 250 EAST FIRTH ST STE 1310 CINCINNATI OH 45202 264273680 Tennis Tourna DE NA 0.00000 false false false false false false false false true false false false true true false true false false United States Tennis Association Inc(USTA) J 1793808 Cash USTA - See Schedule R part VII N USTA - See Schedule R part VII O USTA Player Development Inc Q 55577 Cash Transactions with Related Organizations LINE 1N- PURSUANT TO THE NTC CERTIFICATE OF INCORPORATION, CITY LEASE AND US OPEN AGREEMENT, NTC MAKES THE FACILITY AVAILABLE TO USTA FOR HOLDING THE US OPEN. UNDER THE US OPEN AGREEMENT, NTC HAS THE RIGHT TO COLLECT TICKET AND OTHER US OPEN RELATED REVENUE. LINE 1O - EXECUTIVE AND ADMINISTRATIVE STAFF OF USTA PROVIDE ASSISTANCE TO NTC AT NO CHARGE.