2014-11-10T15:30:03-06:00 2013-12-31 201766527 WAUGH & GOODWIN LLP 1365 GARDEN OF THE GODS SUITE 150 COLORADO SPRINGS CO 80907 990 2013-01-01 840811908 COLORADO SPRINGS SPORTS CORPORATION COLO 7196347333 1631 MESA AVE STE E COLORADO SPRINGS CO 80906 TOM OSBORNE PRESIDENT & CEO 7196347333 2014-11-10 1 KENNETH E WAUGH CPA P00450833 7195909777 2013 2015-11-30 17:44:51Z TOM OSBORNE 1631 MESA AVE STE E COLORADO SPRINGS CO 80906 2135096 0 X WWW.THESPORTSCORP.ORG X 1978 CO THE CORPORATION WAS FORMED TO HELP STAGE THE FIRST NATIONAL SPORTS FESTIVAL. CSSC SET OUT TO ESTABLISH A STRONG REGIONAL SPORTS PRESENCE THROUGH ECONOMIC DEVELOPEMNT, EVENT PROMOTION, AND COMPLETE DEDICATION TO OUR YOUTH SPORT AND COMMUNITY DEVELOPMENT ACTIVITIES. 19 19 12 1300 0 0 1708060 1406827 533037 629874 28173 95133 17210 822 2286480 2132656 64826 48115 0 0 393768 460093 0 0 200374 1713212 1429808 2171806 1938016 114674 194640 1284919 1668681 40137 131134 1244782 1537547 X COLORADO SPRINGS SPORTS CORPORATION IS A COLORADO NOT-FOR-PROFIT CORPORATION ESTABLISHED FOR THE PROMOTION OF AMATEUR ATHLETICS, ACTIVITIES AND EVENTS. 0 0 776598 10000 288674 SUPPORT OF AMATEUR ATHLETICS THROUGH THE ROCKY MOUNTAIN STATE GAMES. THIS IS A MULTI-SPORT FESTIVAL FOR COLORADO CITIZENS, AS WELL AS OTHER STATES WITHOUT STATE GAME PROGRAMS, OF ALL AGES AND ATHLETIC ABILITIES INCLUDING THE PHYSICALLY DISABLED, VISUALLY IMPAIRED AND PARALYMPIC ATHLETES. 322986 200 151967 CONDUCTED THE COLORADO SPRINGS HALL OF FAME INDUCTION DINNER, SEVERAL SPORTS LUNCHEONS, AND A GOLF TOURNAMENT. THESE EVENTS ARE DESIGNED TO PROMOTE AN AWARENESS OF AMATEUR SPORTS IN THE COLORADO SPRINGS AREA. 544360 37915 169083 SUPPORTED THE USOC HEADQUARTERS, OLYMPIC DOWNTOWN CELEBRATION, THE PIKES PEAK INTERNATIONAL HILL CLIMB, CITY FOR CHAMPIONS, AND OTHER COMPETITIONS AND EVENTS WHICH BENEFIT THE INTERNATIONAL, NATIONAL, AND LOCAL COMMUNITY AS A WHOLE. 14761 26032 SERVICES TO MEMBERS INVOLVED IN ADVANCING THE STATUS OF AMATEUR SPORTS IN COLORADO SPRINGS AREA AND OTHER PROGRAM SERVICES. 14761 26032 1658705 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 11 0 1 12 1 0 0 0 0 1 1 1 1 0 0 X 19 19 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X THE ORGANIZATION 7196347333 1631 MESA AVE STE E COLORADO SPRINGS CO 80906 CAROLYN KRUSE VICE-CHAIR 5.00 X X 0 0 0 DAVE PALENCHAR CHAIR 3.00 X X 0 0 0 WALT GLOVER TREASURER 2.00 X X 0 0 0 CHUCK DELICH SECRETARY 2.00 X X 0 0 0 JERRY MAYES MEMBER 1.00 X 0 0 0 RANDY GRANDISHAR MEMBER 1.00 X 0 0 0 LOU MELLINI MEMBER 1.00 X 0 0 0 MARY ELLEN MCNALLY MEMBER 1.00 X 0 0 0 HANS MUEH MEMBER 1.00 X 0 0 0 STEVE SMITH MEMBER 1.00 X 0 0 0 SCOTT SCHOLLENBARGER MEMBER 1.00 X 0 0 0 KEN RALPH MEMBER 1.00 X 0 0 0 DAN STEEVER MEMBER 1.00 X 0 0 0 JOE RASO MEMBER 1.00 X 0 0 0 LAURA MELLINI IMMEDIATE PAST CHAIR 1.00 X 0 0 0 TERRY SULLIVAN MEMBER 1.00 X 0 0 0 DOUG QUIMBY MEMBER 1.00 X 0 0 0 MARTIN WOOD MEMBER 1.00 X 0 0 0 DOUG PRICE MEMBER 1.00 X 0 0 0 TOM OSBORNE PRESIDENT & CEO 40.00 X 180895 0 36505 180895 0 36505 1 0 1 0 0 1406827 586171 1406827 COMPETITIONS AND EVENT 711300 321050 321050 ROCKY MTN. STATE GAMES 711300 288674 288674 MEMEBERSHIP 711300 20150 20150 629874 9149 9149 80924 7500 0 2440 80924 5060 85984 5060 80924 MISCELLANEOUS INCOME 900099 822 822 822 2132656 635756 0 90073 X 48115 48115 217400 137293 80107 203268 116529 5263 81476 16162 15743 419 23263 20302 2961 4649 4649 675 675 5450 1000 4450 179719 179719 272421 263953 8024 444 25968 21608 3939 421 5136 1040 1880 2216 36117 600 14969 20548 33716 33021 482 213 3572 1114 1238 1220 3006 3006 6756 5416 1340 CONSULTING/CONTRACT LAB 185722 160140 22629 2953 REVENUE SHARING 112594 112594 FACILITY CHARGE 111713 111713 EQUIPMENT 76151 69255 6896 366443 358875 4402 3166 1938016 1658705 78937 200374 105960 32707 26847 127146 125000 24728 38597 12369 17478 73296 45380 3077 27916 1111938 1299837 1284919 1668681 11079 38332 29058 92802 40137 131134 X 752396 902839 492386 634708 1244782 1537547 1284919 1668681 194640 98125 0 X X 0 1 X 1 0 X 1190455 1140439 979684 1708060 1406827 6425465 1190455 1140439 979684 1708060 1406827 6425465 528447 5897018 -6057 -31679 41813 28173 95133 127383 193 234 1266 17210 822 19725 6572573 2836103 0.89720 0.88080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 73296 45380 27916 27916 X 2230781 98125 98125 2132656 0 2132656 1938016 0 1938016 0 1938016 PART X, LINE 2: THE CORPORATION'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDING 2010 TO 2013 ARE SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE DATE THEY WERE FILED. MANAGEMENT OF THE CORPORATION BELIEVES THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. 1 PIKES PEAK INTERNATIONAL HILL CLIMB 1631 MESA AVE B-1 COLORADO SPRINGS CO 80906 841107922 501(C)(3) 12000 FMV TO ASSIST PPIHC WITH THE ENTITY'S ANNUAL HILL CLIMB EVENT. 1 0 X X X 0 0 0 0 0 0 0 0 0 TOM OSBORNE PRESIDENT & CEO 163395 0 17500 0 0 0 9288 0 27217 0 217400 0 0 0 PIKES PEAK INTERNATIONAL HILL CLIMB (PPIHC) THE CEO/PRES. OF THE ORGANIZATION IS THE CHAIRMAN OF THE BOARD FOR PPIHC 148295 THE ORGANIZATION RECEIVES MANAGEMENT FEES AND EXPENSE REIMBURSMENTS FOR WOR 0 X 2 7212 FAIR MARKET VALUE X PROMOTION 13 239758 FAIR MARKET VALUE X FACILITIES AN 7 171628 FAIR MARKET VALUE X EXECUTIVE DIR 1 98239 FAIR MARKET VALUE X HOTEL ROOMS 2 32838 FAIR MARKET VALUE X OFFICE SPACE 1 20548 FAIR MARKET VALUE X VIDEO PRODUCT 1 10948 X MAILING LIST 1 5000 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 TWO BOARD MEMBERS ARE MARRIED TO EACH OTHER. FORM 990, PART VI, SECTION B, LINE 11 THE AUDITOR PRESENTS THE 990 TO THE FINANCE COMMITTEE. THE FINANCE COMMITTEE THEN INFORMS THE FULL BOARD OF THEIR APPROVAL AT THE NEXT SCHEDULED MEETING AND THE OTHER BOARD MEMBERS ARE GIVEN AN OPPORTUNITY TO REVIEW THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED REGULARLY AND SIGNED BY EACH BOARD ON AN ANNUAL BASIS. IF A CONFLICT ARISES, THE BOARD MEMBER IS REQUIRED TO RECUSE HIM/HERSELF FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE FINANCE COMMITTEE IS COMPRISED OF MEMBERS OF SPORT ORGANIZATIONS THAT ARE FAMILIAR WITH CEO COMPENSATION AT THEIR ORGANIZATIONS. THEY DRAFT A 3-YEAR CONTRACT FOR CEO COMPENSATION BASED ON THEIR FINDINGS. FOR OTHER KEY EMPLOYEES, THE CEO REVIEWS ACTIVITIES, COST-OF-LIVING INCREASES AND THE ECONOMIC ENVIRONMENT AND DETERMINES SALARIES. THE FINANCE COMMITTEE APPROVES THE BUDGET WITH THE SALARIES DETERMINED BY THE CEO INCLUDED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL INFORMATION ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E AUDIO/VIDEO: PROGRAM SERVICE EXPENSES 58,683. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 58,683. SPONSOR AND VOLUNTEER RECOGNITION: PROGRAM SERVICE EXPENSES 49,866. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 2,991. TOTAL EXPENSES 52,857. CATERING: PROGRAM SERVICE EXPENSES 44,729. MANAGEMENT AND GENERAL EXPENSES 221. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 44,950. DECORATIONS: PROGRAM SERVICE EXPENSES 41,487. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,487. LICENSES AND FEES: PROGRAM SERVICE EXPENSES 31,449. MANAGEMENT AND GENERAL EXPENSES 3,454. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,903. OFFICIALS AND SACTIONING: PROGRAM SERVICE EXPENSES 30,838. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,838. MEDICAL: PROGRAM SERVICE EXPENSES 23,476. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,476. SPEAKER AND ENTERTAINER FEES: PROGRAM SERVICE EXPENSES 20,893. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,893. AWARDS: PROGRAM SERVICE EXPENSES 19,792. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,792. COMMISSIONERS: PROGRAM SERVICE EXPENSES 17,935. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,935. SECURITY: PROGRAM SERVICE EXPENSES 13,624. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,624. CREDIT CARD AND BANK FEES: PROGRAM SERVICE EXPENSES 4,154. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 175. TOTAL EXPENSES 4,329. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 1,949. MANAGEMENT AND GENERAL EXPENSES 727. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,676. PART XII LINE 2C COMMITTEE STRUCTURE AND RESPONSIBILITIES DID NOT CHANGE DURING THE CURRENT YEAR.