Form990
Click to see attachment
Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
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MediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
A For the 2019 calendar year, or tax year beginning 01-01-2019 , and ending 12-31-2019
BCheck if applicable:
CName of organization
UNITED STATES POLO ASSOCIATION INC
 
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
12012 SOUTH SHORE BLVD NO 102
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WELLINGTON, FL33414
D Employer identification number

36-3016024
E Telephone number

G Gross receipts $ 149,813,291
F Name and address of principal officer:
ROBERT PUETZ
12012 SOUTH SHORE BLVD NO 102
WELLINGTON,FL33414
I
Tax-exempt status: ( 6 ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.USPOLO.ORG
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:  
L Year of formation: 1890
M State of legal domicile: IL
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: PROMOTE, COORDINATE AND SUPERVISE NATIONAL AND INTERNATIONAL POLO GAMES.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 28
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 20
5 Total number of individuals employed in calendar year 2019 (Part V, line 2a) ...... 5 34
6 Total number of volunteers (estimate if necessary) ............. 6 100
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 39,236
b Net unrelated business taxable income from Form 990-T, line 39 ......... 7b 33,736
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 0 0
9 Program service revenue (Part VIII, line 2g) ......... 2,093,338 3,226,930
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 7,591,185 28,054,784
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 21,042,189 18,801,518
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 30,726,712 50,083,232
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 1,279,881 2,740,651
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 118,290 115,660
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 2,979,905 3,249,635
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet0    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 8,276,510 8,288,256
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 12,654,586 14,394,202
19 Revenue less expenses. Subtract line 18 from line 12....... 18,072,126 35,689,030
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 155,986,331 200,948,740
21 Total liabilities (Part X, line 26)............. 901,182 1,451,552
22 Net assets or fund balances. Subtract line 21 from line 20..... 155,085,149 199,497,188
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name MediumBullet

Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2019)
Form 990 (2019)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s mission: THE ASSOCIATION HAS BEEN ORGANIZED AND EXISTS FOR THE PURPOSES OF PROMOTING THE GAME OF POLO WITH AN OVERARCHING GOAL OF IMPROVING THE SPORT, COORDINATING THE ACTIVITIES OF ITS MEMBER CLUBS AND REGISTERED PLAYERS, ARRANGING, ALLOCATING, AND SUPERVISING POLO TOURNAMENTS, COMPETITIONS, AND GAMES AND PROVIDING RULES, HANDICAPS AND CONDITIONS FOR THOSE TOURNAMENTS, COMPETITIONS AND GAMES, INCLUDING THE SAFETY AND WELFARE OF PARTICIPANTS AND MOUNTS.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
POLO DEVELOPMENT PROGRAM- PRIMARILY FOCUSED ON THE CULTIVATION OF THE SPORT THROUGH YOUTH POLO AND CLUB DEVELOPMENT INITIATIVES. POLO DEVELOPMENT IS BROKEN INTO THREE DIVISIONS: CLUB DEVELOPMENT (POLO DEVELOPMENT INITIATIVE), INTERCOLLEGIATE/INTERSCHOLASTIC (I/I) AND PLAYER DEVELOPMENT (JUNIOR POLO AND TEAM USPA). MULTIPLE INITIATIVES AIMED AT GROWING THE SPORT OF POLO, INCLUDING PLAYER GROWTH DEVELOPMENT AND CLUB DEVELOPMENT. TEAM USPA PROGRAM IDENTIFIES YOUNG, TALENTED AMERICAN PLAYERS AND PROVIDES MENTORED TRAINING AND PLAYING OPPORTUNITIES LEADING TO A POOL OF HIGHER RATED AMATEUR AND PROFESSIONAL PLAYERS. THE POLO DEVELOPMENT INITIATIVE (PDI PROGRAM) SUPPORTS MEMBER CLUBS/MEMBERS HAVING A STATED PLAN, IMPLEMENTING ACCOUNTABILITY AND FUTURE SUSTAINABILITY TOWARD CONTRIBUTING TO THE SPORT OF POLO. EQUINE WELFARE, THE CARE AND WELL-BEING OF POLO PONIES IS A FOCUS OF POLO PLAYER DEVELOPMENT. JUNIOR POLO/NYTS PROGRAM PROVIDES A VENUE TO GROW YOUNGER PLAYERS IN THE SPORT OF POLO. INTERCOLLEGIATE/ INTERSCHOLASTIC PROGRAM PROMOTES AND GROWS THE SPORT OF POLO BY PROVIDING MAXIMUM EXPOSURE TO THE SPORT; RECRUITING COLLEGIATE AND SCHOLASTIC INSTITUTIONS; COORDINATING ACTIVITIES OF MEMBER SCHOOLS AND PLAYERS;PROVIDING FOR ORGANIZED COMPETITION, INCLUDING SPONSORING AND ADMINISTERING REGIONAL AND NATIONAL TOURNAMENTS WITH AN EMPHASIS ON SPORTSMANSHIP, FAIRNESS AND SAFETY NATIONWIDE. USPA TOURNAMENTS SUPPORTS PLAYERS OF ALL CATEGORIES, PROVIDING A VENUE FOR COMPETING AND MAINTAINING THE SPORT OF POLO.
4b (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
POLO UMPIRE PROGRAM- THE UMPIRE PROGRAM WAS DEVELOPED TO MAINTAIN CONSISTENCY IN THE GAME AND HAS EVOLVED TO BECOME A HIGH STANDARD OF CERTIFICATION WITH INTERNATIONAL RECOGNITION. THE UMPIRE PROGRAM SUPPORTS ALL ASPECTS OF UMPIRE SERVICES AND PROGRAMS WITHIN THE UNITED POLO ASSOCIATION TO MEET THE CONTINUALLY INCREASING DEMAND FOR QUALITY AND CONSISTENT UMPIRING AS BEST SERVES THE UNITED STATES POLO ASSOCIATION'S MISSION. THE UMPIRE PROGRAM ALSO INCLUDES TRAINING AND CERTIFICATION TO MAINTAIN AVAILABILITY OF CERTIFIED UMPIRES TO CLUBS TO ENSURE A UNIFORM SYSTEM OF RULES AND GUIDELINES FOR ALL PLAYERS.
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
MEMBER COMMUNICATIONS/BRAND STRATEGY- INCLUDES PUBLICATIONS, MARKETING, TOURNAMENT COORDINATION, SOCIAL MEDIA INCLUDING STRATEGIES TO PROMOTE AWARENESS AND GROWTH IN THE SPORT OF POLO AMONG MEMBERSHIP AND THE GENERAL PUBLIC. MEMBERS ALSO BENEFIT FROM RECEIVING POLO PLAYERS EDITION, THE OFFICIAL PUBLICATION OF THE UNITED STATES POLO ASSOCIATION, WHICH CONTAINS REGULAR ARTICLES ABOUT GAME STRATEGY AND PLAYING TIPS, HORSE CARE, INTERNATIONAL POLO, SOCIAL NEWS, AND GAME RESULTS.
(Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
MEMBER SERVICES PROGRAM- SUPPORTS ALL ASPECTS OF MEMBER SERVICES AND PROGRAMS WITHIN THE UNITED STATES POLO ASSOCIATION; PROVIDING A POSITIVE MEMBER EXPERIENCE FOR THE PURPOSE OF INCREASING MEMBERSHIP TO PROMOTE THE GROWTH OF THE SPORT OF POLO; TOURNAMENT SUPPORT FOR ALL LEVELS OF PLAYERS; MEMBER PUBLICATIONS INCLUDE THE ANNUAL RULE BOOK AND YEAR BOOK WHICH ARE PROVIDED TO ENHANCE THE MEMBERSHIP UNDERSTANDING OF THE RULES OF THE SPORT OF POLO.
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet  
Form 990 (2019)
Form 990 (2019)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A.....................
1
 
No
2
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? ...
2
 
No
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........
4
 
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part III..
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment.........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment....
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part IIIClick to see attachment..............
8
Yes
 
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V......
10
 
No
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
 
No
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XIIClick to see attachment......................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
Yes
 
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....Click to see attachment
15
Yes
 
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...Click to see attachment
16
Yes
 
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I(see instructions) ....
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
21
Yes
 
Form 990 (2019)
Form 990 (2019)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........Click to see attachment
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
 
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....
25a
 
 
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................
25b
 
 
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part IIClick to see attachment...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part IIIClick to see attachment.........................
27
Yes
 
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................Click to see attachment
28a
 
No
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....Click to see attachment
28b
 
No
c
A 35% controlled entity of one or more individuals and/or organizations described in lines 28a or 28b? If "Yes," complete Schedule L, Part IV.....................
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............Click to see attachment
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...Click to see attachment
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............
36
 
 
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable ..
1a
259
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
Form 990 (2019)
Form 990 (2019)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
34
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
 
No
b
If "Yes," enter the name of the foreign country: MediumBullet
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
 
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
 
 
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
 
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
 
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see instructions and file Form 4720, Schedule N.
15
 
No
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
Form 990 (2019)
Form 990 (2019)
Page 6
Part VI
Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
28
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
20
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .
4
Yes
 
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
Yes
 
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
Yes
 
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
 
No
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
 
No
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filedMediumBullet
CA
18
Section 6104 requires an organization to make its Form 1023 (or 1024-A if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
MediumBulletSUSAN PRESENT CFO12012 SOUTH SHORE BLVD STE 102   WELLINGTON,FL33414 (800) 232-8772
Form 990 (2019)
Form 990 (2019)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) ROBERT PUETZ......................................................................
CEO
 40.00
.................
0.00 		    X       278,016 0 61,779
(2) SUSAN C PRESENT......................................................................
CFO
 40.00
.................
0.00 		    X       226,256 0 20,956
(3) CHARLES A MULDOON......................................................................
EXEC. DIR. - UMPIRES LLC
 40.00
.................
0.00 		        X   175,096 0 22,580
(4) CARLOS R DE ARELLANO II......................................................................
EXEC. DIR. - MEMBER SERVICES
 40.00
.................
0.00 		        X   179,659 0 22,499
(5) STEPHEN F LANE......................................................................
UMPIRE - HEAD INSTRUCTOR
 40.00
.................
0.00 		        X   125,536 0 13,192
(6) JUSTIN POWERS......................................................................
EXEC. DIR. - POLO DEVELOPMENT LLC
 40.00
.................
0.00 		        X   105,096 0 16,176
(7) KELLY VANDERWERFF......................................................................
CONTROLLER
 30.00
.................
0.00 		        X   100,859 0 26,528
(8) ROBIN SANCHEZ......................................................................
TRUSTEE (START 10/19)
 2.00
.................
0.00 		X           33,775 0 0
(9) JULIO ARELLANO......................................................................
TRUSTEE
 2.00
.................
0.00 		X           10,000 0 0
(10) JOSEPH MULDOON......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(11) ERICA GANDOMCAR-SACHS......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(12) EDWARD R CAMPBELL III......................................................................
CHAIRMAN (END 10/19)
 10.00
.................
0.20 		X   X       0 0 0
(13) WILLIAM RAAB......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(14) DENNIS L GEILER......................................................................
TRUSTEE (END 10/19)
 2.00
.................
0.00 		X           0 0 0
(15) DAVID RAGLAND......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(16) LEIGHTON JORDAN......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(17) CHRYS BEAL......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
Form 990 (2019)
Form 990 (2019)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) CHRIS GREEN........................................................................
TRUSTEE (START 10/19)
 2.00
.......................0.00 		X           0 0 0
(19) CHARLES SMITH........................................................................
SECRETARY
 2.00
.......................0.20 		X   X       0 0 0
(20) CECELIA COCHRAN........................................................................
TRUSTEE (START 10/19)
 2.00
.......................0.00 		X           0 0 0
(21) BILL KIRTON........................................................................
TRUSTEE
 2.00
.......................0.20 		X           0 0 0
(22) DANIEL K WALKER........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(23) MICHAEL CARNEY........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(24) MAUREEN BRENNAN........................................................................
TRUSTEE (END 10/19)
 2.00
.......................0.00 		X           0 0 0
(25) WALTER SCHOTT........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(26) VICKY OWENS........................................................................
TRUSTEE (START 10/19)
 2.00
.......................0.00 		X           0 0 0
(27) TONY YAHYAI........................................................................
TRUSTEE
 2.00
.......................0.20 		X           0 0 0
(28) THOMAS GOSE........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(29) STEWART ARMSTRONG........................................................................
CHAIRMAN
 10.00
.......................0.20 		X   X       0 0 0
(30) STEVEN RUDOLPH........................................................................
TREASURER (START 10/19)
 10.00
.......................0.00 		X   X       0 0 0
(31) STEVE S ARMOUR........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(32) STEPHEN A ORTHWEIN JR........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(33) SHERYL SICK........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(34) SCOTT WALKER........................................................................
TRUSTEE (END 10/19)
 2.00
.......................0.00 		X           0 0 0
(35) SAMUEL RAMIREZ JR........................................................................
TREASURER (END 10/19)
 10.00
.......................0.00 		X   X       0 0 0
(36) ROBERT MCMURTRY........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(37) PETER RIZZO........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(38) PETER F POOR........................................................................
TRUSTEE (END 10/19)
 2.00
.......................0.00 		X           0 0 0
(39) PAUL JORNAYVAZ........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(40) PAMELA FLANAGAN........................................................................
TRUSTEE (START 10/19)
 2.00
.......................0.00 		X           0 0 0
(41) ANTHONY L COPPOLA........................................................................
PRESIDENT
 10.00
.......................0.00 		X   X       0 0 0
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)...........MediumBullet 1,234,293 0 183,710
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet7
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
CHUKKERTV LLC

3629 AIKEN COURT
WELLINGTON,FL33414 		BROADCASTING/PRODUCTION 637,281
RIZZO MANAGEMENT CORP

3 N BRIDGE DR
LONG VALLEY,NJ07853 		PUBLISHING/ADVERTISING 289,973
QUARLES & BRADY LLP

300 N LASALLE STREET SUITE 4000
CHICAGO,IL60654 		LEGAL 174,331
JOSEPH HORTON SCHWARTZ III,
10760 BRUNULTO PL
WELLINGTON,FL33414 		UMPIRE 163,540
THE CJ KREHBIEL COMPANY

3962 VIRGINIA AVE
CINCINNATI,OH45227 		PRINTING 125,898
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet13
Form 990 (2019)
Form 990 (2019)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c  
d Related organizations1d  
e Government grants (contributions)1e  
f All other contributions, gifts, grants, and similar amounts not included above1f  
g Noncash contributions included in lines 1a - 1f:$ 1g  
h Total. Add lines 1a-1f.......MediumBullet  
Program Service RevenueAmt Business Code
2a UMPIRING 711300 1,322,095 1,322,095    
b MEMBERSHIP DUES 711300 640,775 640,775    
c MEDIA RIGHTS 711300 500,000 500,000    
d TOURNAMENTS 711300 160,350 160,350    
e MAGAZINE FEES 711300 19,300 19,300    
f All other program service revenue. 584,410 545,174 39,236  
g Total. Add lines 2a–2f .....MediumBullet 3,226,930
OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ......MediumBullet 7,905,430     7,905,430
4 Income from investment of tax-exempt bond proceedsMediumBullet        
5 Royalties...........MediumBullet 18,801,518     18,801,518
(ii) Personal (i) Real
6a Gross rents     6a
b Less: rental expenses     6b
c Rental income or (loss)     6c
d Net rental income or (loss).......MediumBullet        
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory   119,879,413 7a
b Less: cost or other basis and sales expenses   99,730,059 7b
c Gain or (loss)   20,149,354 7c
d Net gain or (loss).........MediumBullet 20,149,354     20,149,354
8a Gross income from fundraising events (not including $   of contributions reported on line 1c). See Part IV, line 18 ....
8a  
b Less: direct expenses ... 8b  
c Net income or (loss) from fundraising events..MediumBullet      
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..MediumBullet        
10a Gross sales of inventory, less
returns and allowances ..
10a  
b Less: cost of goods sold .. 10b  
c Net income or (loss) from sales of inventory..MediumBullet        
Business Code Miscellaneous Revenue
11a            
b            
c            
d All other revenue ....        
e Total. Add lines 11a–11d ...... MediumBullet  
12 Total revenue. See instructions.....MediumBullet 50,083,232 3,187,694 39,236 46,856,302
Form 990 (2019)
Form 990 (2019)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising
expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 .... 2,093,705  
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ........... 209,208  
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. ............. 437,738  
4 Benefits paid to or for members ....... 115,660  
5 Compensation of current officers, directors, trustees, and key employees ........... 513,000      
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........        
7 Other salaries and wages........ 2,133,657      
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 76,895      
9 Other employee benefits ....... 336,570      
10 Payroll taxes ........... 189,513      
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 345,858      
c Accounting ........... 85,718      
d Lobbying ...........        
e Professional fundraising services. See Part IV, line 17    
f Investment management fees ...... 228,572      
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 373,979      
12 Advertising and promotion ....        
13 Office expenses ....... 373,763      
14 Information technology ...... 61,931      
15 Royalties ..        
16 Occupancy ........... 108,296      
17 Travel ............ 540,298      
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 362,897      
20 Interest ........... 50      
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization .. 67,028      
23 Insurance ... 556,758      
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a UMPIRING EXPENSES 2,380,090      
b BRAND STRATEGY 1,092,821      
c POLO DEVELOPMENT 987,441      
d MEMBER SERVICES 722,756      
e All other expenses        
25 Total functional expenses. Add lines 1 through 24e 14,394,202      
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2019)
Form 990 (2019)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 734,613 1 950,388
2 Savings and temporary cash investments ......... 11,703,003 2 12,902,364
3 Pledges and grants receivable, net ......   3  
4 Accounts receivable, net ............. 2,629,934 4 4,716,711
5 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
  5  
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
  6  
7 Notes and loans receivable, net ...........   7  
8 Inventories for sale or use ............   8  
9 Prepaid expenses and deferred charges ...... 258,213 9 352,618
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 177,687
b Less: accumulated depreciation 10b 97,392 74,638 10c 80,295
11 Investments—publicly traded securities . 124,871,654 11 154,954,867
12 Investments—other securities. See Part IV, line 11 ..... 15,224,276 12 26,591,497
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets ............... 390,000 14 350,000
15 Other assets. See Part IV, line 11 ........... 100,000 15 50,000
16 Total assets. Add lines 1 through 15 (must equal line 33)... 155,986,331 16 200,948,740
Liabilities 17 Accounts payable and accrued expenses ..... 674,507 17 899,247
18 Grants payable ...   18  
19 Deferred revenue ......... 226,675 19 552,305
20 Tax-exempt bond liabilities .........   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D   21  
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
  22  
23 Secured mortgages and notes payable to unrelated third parties ..   23  
24 Unsecured notes and loans payable to unrelated third parties ..   24  
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D   25  
26 Total liabilities. Add lines 17 through 25.. 901,182 26 1,451,552
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here MediumBullet and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 155,085,149 27 199,497,188
28 Net assets with donor restrictions ...........   28  
Organizations that do not follow FASB ASC 958, check here MediumBullet and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds .....   29  
30 Paid-in or capital surplus, or land, building or equipment fund ...   30  
31 Retained earnings, endowment, accumulated income, or other funds   31  
32 Total net assets or fund balances ........... 155,085,149 32 199,497,188
33 Total liabilities and net assets/fund balances ........ 155,986,331 33 200,948,740
Form 990 (2019)
Form 990 (2019)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
50,083,232
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
14,394,202
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
35,689,030
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
155,085,149
5
Net unrealized gains (losses) on investments ...............
5
-93,232
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
8,816,241
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
199,497,188
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII.............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
 
No
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
 
 
Form 990 (2019)
Form 990 (2019)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet Attach to Form 990.
SchDMd Bullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
UNITED STATES POLO ASSOCIATION INC
 
Employer identification number

36-3016024
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate value of contributions to (during year)    
3 Aggregate value of grants from (during year)    
4 Aggregate value at end of year ........    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ...................... 2a  
b Total acreage restricted by conservation easements .................... 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............
6
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under FASB ASC 958, 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, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under FASB ASC 958, 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, provide the following amounts relating to these items:
(i)
Revenue included on Form 990, Part VIII, line 1 .........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2019

Schedule D (Form 990) 2019
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount
c Beginning balance ............................. 1c  
d Additions during the year ............................ 1d  
e Distributions during the year .......................... 1e  
f Ending balance ................................ 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....
Part V
Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.
(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back
1a Beginning of year balance ....          
b Contributions ...          
c Net investment earnings, gains, and losses          
d Grants or scholarships ...          
e Other expenditures for facilities
and programs ... 		         
f Administrative expenses ....          
g End of year balance ......          
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet  
b
Permanent endowment SchDMd Bullet  
c
Term endowment SchDMd Bullet  
The percentages on lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) Unrelated organizations .................
3a(i)
 
 
(ii) Related organizations .................
3a(ii)
 
 
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis
(investment) 		(b) Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .....      
b Buildings ....        
c Leasehold improvements   1,560 1,170 390
d Equipment ....   146,143 69,217 76,926
e Other .....   29,984 27,005 2,979
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..SchDMdBullet 80,295
Schedule D (Form 990) 2019

Schedule D (Form 990) 2019
Page 3
Part VII
Investments—Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1) Financial derivatives.........    
(2) Closely-held equity interests........ 26,591,497 C
(3)Other
(B)
(C)
(D)
(E)
(F)
(G)
(H)
(I)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 26,591,497
Part VIII
Investments—Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes  
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet  
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
Schedule D (Form 990) 2019

Schedule D (Form 990) 2019
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1  
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1.................. 3  
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b.................... 4c  
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5  
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a  
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d.................... 2e  
3 Subtract line 2e from line 1................... 3  
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIII.) ............ 4b  
c Add lines 4a and 4b..................... 4c  
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5  
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
PART III, LINE 1A: THE USPA MAINTAINS A COLLECTION OF VALUABLE TROPHIES WITH AN APPRAISED VALUE OF APPROXIMATELY $500,000 THAT ARE ON DISPLAY AT THE MUSEUM OF POLO AND HALL OF FAME AND OTHER LOCATIONS. THE VALUE OF THIS COLLECTION HAS BEEN EXCLUDED FROM THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. MANAGEMENT HAS ELECTED TO EXPENSE ALL COSTS RELATED TO THE COLLECTIONS, INCLUDING THE COST TO REFURBISH THESE ASSETS, IN THE PERIOD THESE EXPENSES ARE INCURRED. DURING THE YEARS ENDED DECEMBER 31, 2019 AND 2018, THE AMOUNTS EXPENSED FOR COLLECTIONS WERE NOT MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS.
PART III, LINE 4: THE COLLECTION OF TROPHIES ARE ON DISPLAY AND SERVE AS EVIDENCE OF THE VICTORY OF THE COMPETITION AND THE REWARD OF THE HIGH SKILL LEVEL ACHIEVED IN SUPPORT OF THE USPA'S MISSION.
PART X, LINE 2: FROM THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF UNITED STATES POLO ASSOCIATION, INC. AND SUBSIDIARIES ("USPA"): THE UNITED STATES POLO ASSOCIATION ("USPA") IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. UNRELATED BUSINESS INCOME IS SUBJECT TO INCOME TAX. INCOME AND EXPENSES OF THE UMPIRES LLC, MARKETING LLC, AND POLO DEVELOPMENT LLC ARE REPORTED WITH USPA'S INCOME AS THESE THREE LIMITED LIABILITY COMPANIES ARE CONSIDERED DISREGARDED ENTITIES FOR INCOME TAX PURPOSES. AIPF IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FILES ITS OWN TAX RETURN. THE USPA EVALUATES WHETHER THE TAX POSITIONS TAKEN BY THE USPA WILL MORE LIKELY THAN NOT (GREATER THAN 50%) BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAX AUTHORITY. AS OF DECEMBER 31, 2019 AND 2018, USPA HAS RECORDED NO LIABILITY FOR THE TAX POSITIONS TAKEN. TAX YEARS THAT ARE OPEN INCLUDE THE YEARS FROM 2016 TO 2018.
Schedule D (Form 990) 2019


Additional Data


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SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16.Right pointing arrow large image Attach to Form 990.Right pointing arrow large image Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
UNITED STATES POLO ASSOCIATION INC
 
Employer identification number

36-3016024
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of its grants and
other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used
to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.
3
Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in the region (d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in the region		 (f) Total expenditures
for and investments
in the region
EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES INTERNATIONAL EVENT 11,279
EAST ASIA AND THE PACIFIC 0 2 PROGRAM SERVICES UMPIRE SERVICES 28,893
EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES BRANDING 6,000
EUROPE (INCLUDING ICELAND & GREENLAND) 0 3 PROGRAM SERVICES INTERNATIONAL EVENT 9,034
EUROPE (INCLUDING ICELAND AND GREENLAND) 0 1 PROGRAM SERVICES UMPIRE SERVICES 8,721
NORTH AMERICA 0 10 PROGRAM SERVICES INTERNATIONAL EVENT 19,213
NORTH AMERICA 0 7 PROGRAM SERVICES UMPIRE SERVICES 35,925
RUSSIA AND NEIGHBORING STATES 0 1 PROGRAM SERVICES UMPIRE SERVICES 18,561
SOUTH AMERICA 0 1 PROGRAM SERVICES BRANDING 6,000
SOUTH AMERICA 0 13 PROGRAM SERVICES INTERNATIONAL EVENT 79,233
SOUTH AMERICA 0 1 PROGRAM SERVICES UMPIRE SERVICES 17,748
SOUTH ASIA 0 4 PROGRAM SERVICES INTERNATIONAL EVENT 6,723
SUB-SAHARAN AFRICA 0 1 GRANT-MAKING   2,700
NORTH AMERICA 0 5 GRANT-MAKING   13,645
CENTRAL AMERICA AND THE CARIBBEAN     INVESTMENTS   7,948,004
           
           
3a Sub-total .... 0 26 137,626
b Total from continuation sheets to Part I ... 0 25 8,074,053
c Totals (add lines 3a and 3b) 0 51 8,211,679
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2019
Schedule F (Form 990) 2019
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount
of noncash
assistance 		(h) Description
of noncash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
NORTH AMERICA CLUB AND MEMBERSHIP DEVELOPMENT 11,049 CHECK      
NORTH AMERICA CLUB AND MEMBERSHIP DEVELOPMENT 17,600 CHECK      
NORTH AMERICA CLUB AND MEMBERSHIP DEVELOPMENT 6,856 OTHER      
             
             
             
             
             
             
             
             
             
             
             
             
             
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......MediumBullet
1
3 Enter total number of other organizations or entities .......................MediumBullet
2
Schedule F (Form 990) 2019
Schedule F (Form 990) 2019Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
noncash
assistance 		(g) Description
of noncash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
TUSPA GRANT SOUTH AMERICA 8 322,114        
PLAYER DEVELOPMENT SOUTH AMERICA 4 63,773        
STARTUP AND ENHANCEMENT GRANT NORTH AMERICA 1 1,720        
YOUNG PLAYER OUTREACH GRANT SUB-SAHARAN AFRICA 1 2,700        
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2019
Schedule F (Form 990) 2019
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule F (Form 990) 2019
Schedule F (Form 990) 2019
Page 5
Part V
Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.
ReturnReference Explanation
PART I, LINE 3: THE AMOUNTS REPORTED IN SCHEDULE F WERE DETERMINED USING THE ACCRUAL METHOD OF ACCOUNTING.
PART III ACCOUNTING METHOD:  
PART I, LINE 2: GRANT AWARDS ARE EVALUATED BY GOALS, OBJECTIVES AND METRICS SPECIFIC TO THE GRANT CATEGORY AS APPROVED BY USPA LEADERSHIP. SCORECARDS, PROGRESS REPORTS AND CLUB VISITS ARE DONE AS NEEDED.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2019
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Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2019
Open to Public
Inspection
Name of the organization
UNITED STATES POLO ASSOCIATION INC
 
Employer identification number
36-3016024
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC section
(if applicable)		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
noncash assistance		 (h) Purpose of grant
or assistance
(1) AIKEN POLO CLUB INC
PO BOX 3021
AIKEN,SC29801 		57-0778833 501(C)(3) 13,500       CLUB AND MEMBERSHIP DEVELOPMENT
(2) AMERITINA POLO FARM
608 230TH STREET
WOODVILLE,WI54028 		46-1168709   5,500       CLUB AND MEMBERSHIP DEVELOPMENT
(3) ARTAGON INC
1350 MANU MELE STREET
KAILUA,HI96734 		47-2738452   12,500       CLUB AND MEMBERSHIP DEVELOPMENT
(4) BARRINGTON HILLS POLO CLUB INC
208-A BRAEBURN
BARRYINGTON,IL60010 		36-4230561 501(C)(7) 9,270       CLUB AND MEMBERSHIP DEVELOPMENT
(5) BIG HORN POLO CLUB
PO BOX 247
SHERIDAN,WY82801 		83-0331398   7,200       CLUB AND MEMBERSHIP DEVELOPMENT
(6) BRANDYWINE POLO CLUB
PO BOX 568
UNIONVILLE,PA19375 		46-2524595   19,549       CLUB AND MEMBERSHIP DEVELOPMENT
(7) CALIFORNIA POLO CLUB INC
16060 VENTURA BLVD 110-268
ENCINO,CA91436 		95-4503823   19,421       CLUB AND MEMBERSHIP DEVELOPMENT
(8) CASABLANCA POLO CO
1842 WILTSHIRE VILLAGE DRIVE
WELLINGTON,FL33414 		14-1853488   25,000       CLUB AND MEMBERSHIP DEVELOPMENT
(9) CENTRAL COAST POLO CLUB
2320 CLARK VALLEY ROAD
LOS OSOS,CA93402 		71-0891330 501(C)(3) 36,473       CLUB AND MEMBERSHIP DEVELOPMENT
(10) CENTRAL TEXAS POLO ASSOCIATION
552 WILKEY ROAD
POTEET,TX78065 		81-2089868 501(C)(7) 18,227       CLUB AND MEMBERSHIP DEVELOPMENT
(11) CERRO PAMPA POLO CLUB LLC
44 MONTGOMERY STREET SUITE 940
SAN FRANCISCO,CA94104 		46-4497585   21,107       CLUB AND MEMBERSHIP DEVELOPMENT
(12) CHICAGO POLO ASSOCIATION
552 S WASHINGTON STREET
NAPERVILLE,IL60540 		82-4972555 501(C)(7) 38,910       CLUB AND MEMBERSHIP DEVELOPMENT
(13) CORNELL UNIVERSITY
341 PINE TREE ROAD
ITHACA,NY14850 		15-0532082 501(C)(3) 8,000       CLUB AND MEMBERSHIP DEVELOPMENT
(14) DDB CUSTOMS INC
9239 HESTER ROAD
HURDLE MILLS,NC27541 		56-1908757   20,816       CLUB AND MEMBERSHIP DEVELOPMENT
(15) DENVER POLO CLUB
10415 ROXBOUROUGH PARK RD
LILLETON,CO80125 		47-2756518   5,238       CLUB AND MEMBERSHIP DEVELOPMENT
(16) DETROIT POLO CLUB
1155 S HICKORY RIDGE TRAIL
MILFORD,MI48380 		82-3633875   23,000       CLUB AND MEMBERSHIP DEVELOPMENT
(17) EASTERN SHORE POLO CLUB INC DBA POINT CLEAR POLO CLUB
PO BOX 1352
POINT CLEAR,AL36564 		74-3039021 501(C)(7) 17,400       CLUB AND MEMBERSHIP DEVELOPMENT
(18) ELDORADO POLO INC DBA ELDORADO POLO CLUB
50950 MADISON STREET
INDIO,CA92201 		46-2856594   38,540       CLUB AND MEMBERSHIP DEVELOPMENT
(19) EMPIRE POLO CLUB
81-800 AVENUE 51
INDIO,CA92201 		95-4248556   22,000       CLUB AND MEMBERSHIP DEVELOPMENT
(20) FINATO POLO ENTERPRISE DBA SOUTH BAY POLO
1290 MASTEN AVENUE
GILROY,CA95020 		84-3435073   13,853       CLUB AND MEMBERSHIP DEVELOPMENT
(21) FRANKLIN POLO ACADEMY LLC
1650 OLD HILLSBORO ROAD
FRANKLIN,TN37069 		47-2740627   10,000       CLUB AND MEMBERSHIP DEVELOPMENT
(22) GARDNERTOWN FARM INC
822 GARDNERTOWN FARMS ROAD
NEWBURGH,NY12550 		14-1797577   16,909       CLUB AND MEMBERSHIP DEVELOPMENT
(23) GO POLO LLC
2040 GREENVIEW SHORES BLVD 208
WELLINGTON,FL33414 		47-4188525   7,000       CLUB AND MEMBERSHIP DEVELOPMENT
(24) HAVILAND HOLLOW POLO CLUB LLC
815 EAST BRANCH ROAD
PATTERSON,NY12563 		51-0645222   33,090       CLUB AND MEMBERSHIP DEVELOPMENT
(25) HOUSTON POLO CLUB
8552 MEMORIAL DRIVE
HOUSTON,TX77024 		76-0046253 501(C)(7) 33,990       CLUB AND MEMBERSHIP DEVELOPMENT
(26) LEXINGTON POLO ASSOCIATION
6100 MT HOREB PIKE
LEXINGTON,KY40511 		31-0973518   8,620       CLUB AND MEMBERSHIP DEVELOPMENT
(27) MIDLAND POLO CLUB INC
PO BOX 81113
MIDLAND,TX79708 		75-1224576   18,642       CLUB AND MEMBERSHIP DEVELOPMENT
(28) MOUNTAIN VIEW POLO LLC
261 FALCON RIDGE ROAD
CHARLES TOWN,WV25414 		45-2873877   6,090       CLUB AND MEMBERSHIP DEVELOPMENT
(29) MYOPIA HUNT CLUB
435 BAY ROAD
HAMILTON,MA01982 		04-1648210 501(C)(7) 8,250       CLUB AND MEMBERSHIP DEVELOPMENT
(30) MYOPIA POLO EDUCATION FOUNDATION INC
C/O HUSARIA FARM 304 HIGH STREET
IPSWICH,MA01938 		81-4073798 501(C)(3) 23,000       CLUB AND MEMBERSHIP DEVELOPMENT
(31) NEW BRIDGE POLO CLUB INC
862 NEW BRIDGE ROAD
AIKEN,SC29805 		20-0485702   11,750       CLUB AND MEMBERSHIP DEVELOPMENT
(32) NEWPORT POLO INC
2503 EAST MAIN ROAD
PORTSMOUTH,RI02871 		05-0458298   18,245       CLUB AND MEMBERSHIP DEVELOPMENT
(33) NWA POLO CLUB
14955 SHIPE ROAD
GRAVETTE,AR72736 		46-4842526   7,750       CLUB AND MEMBERSHIP DEVELOPMENT
(34) OKLAHOMA STATE UNIVERSITY FOUNDATION
400 SOUTH MONROE
STILLWATER,OK74074 		73-6097060 501(C)(3) 15,000       CLUB AND MEMBERSHIP DEVELOPMENT
(35) PCM INC DBA MARYLAND POLO CLUB
1701 GREENSPRING VALLEY ROAD
STEVENSON,MD21153 		52-1491603 501(C)(7) 10,180       CLUB AND MEMBERSHIP DEVELOPMENT
(36) PILOT CATASTROPHE SERVICES INC
PO BOX 91299
MOBILE,AL366911299 		63-1012513   1,000,000       PRIZE MONEY
(37) PINEOAK PARTNERS LLC DBA OAK BROOK POLO CLUB
875 NORTH MICHIGAN AVENUE SUITE
3805
CHICAGO,IL60611 		81-2205787   28,496       CLUB AND MEMBERSHIP DEVELOPMENT
(38) POLO TRAINING FOUNDATION
70 CLINTON STREET
TULLY,NY13159 		36-2605713 501(C)(3) 10,000       SPONSORSHIP
(39) PORT MAYACA POLO CLUB LLC
11320 FORTUNE CIRCLE SUITE G-15
WELLINGTON,FL33414 		11-3826041   7,684       CLUB AND MEMBERSHIP DEVELOPMENT
(40) POWAY POLO CLUB
14325 MIDLAND ROAD
POWAY,CA92064 		30-0913073 501(C)(3) 11,132       CLUB AND MEMBERSHIP DEVELOPMENT
(41) RANCHO SILVERADO STABLES LLC DBA OC POLO
23615 EL TORO ROAD SUITE X 354
LAKE FOREST,CA92630 		47-4162220   26,440       CLUB AND MEMBERSHIP DEVELOPMENT
(42) RIVER VALLEY EQUESTRIAN CENTER LLC
9104 SOLDIN LANE
EL CAJON,CA92021 		46-5445238   9,055       CLUB AND MEMBERSHIP DEVELOPMENT
(43) SAFETY EQUIPMENT INSTITUTE
1307 DOLLEY MADISON BLVD SUITE 3A
MCLEAN,VA22101 		54-1170360   15,055       CLUB AND MEMBERSHIP DEVELOPMENT
(44) SAN ANTONIO POLO CLUB
PO BOX 6341
SAN ANTONIO,TX78209 		80-0913133 501(C)(3) 6,048       CLUB AND MEMBERSHIP DEVELOPMENT
(45) SANTA BARBARA POLO & RACQUET CLUB
3375 FOOTHILL ROAD 1200
CARPINTERIA,CA93013 		95-2771762 501(C)(7) 54,170       CLUB AND MEMBERSHIP DEVELOPMENT
(46) SCHOLARSHIP AMERICA INC
7900 INTERNATIONAL DRIVE SUITE 500
MINNEAPOLIS,MN55425 		04-2296967 501(C)(3) 52,000       CLUB AND MEMBERSHIP DEVELOPMENT
(47) SEATTLE POLO & EQUESTRIAN CLUB
425 WESTLAKE AVENUE NORTH
SEATTLE,WA98109 		46-0698337   6,667       CLUB AND MEMBERSHIP DEVELOPMENT
(48) SKANEATELES POLO INC
PO BOX 56-783 ANDREWS ROAD
SKANEATELES,NY13152 		06-1195509   6,362       CLUB AND MEMBERSHIP DEVELOPMENT
(49) TEXAS A & M FOUNDATION
401 GEORGE BUSH DRIVE
COLLEGE STATION,TX77840 		74-2245072 501(C)(3) 11,732       CLUB AND MEMBERSHIP DEVELOPMENT
(50) TEXAS ARENA LEAGUE
PO BOX 81113
MIDLAND,TX79708 		37-1950257 501(C)(7) 8,371       CLUB AND MEMBERSHIP DEVELOPMENT
(51) THE VILLAGE OPERATING CO INC DBA THE VILLAGES POLO CLUB
3619 KIESSEL ROAD
THE VILLAGES,FL32163 		20-4647826   12,800       CLUB AND MEMBERSHIP DEVELOPMENT
(52) TWILIGHT POLO LLC DBA GREAT MEADOW POLO CLUB
5089 OLD TAVERN ROAD
THE PLAINS,VA20198 		27-2545349   13,100       CLUB AND MEMBERSHIP DEVELOPMENT
(53) VIRGINIA POLO INC
1082 FOREST LODGE LANE
CHARLOTTESVILLE,VA22903 		54-1569671 501(C)(3) 38,117       CLUB AND MEMBERSHIP DEVELOPMENT
(54) WILLOW BEND POLO & HUNT CLUB CORPORATION
PO BOX 1477
LITTLE ELM,TX75068 		75-2351886   27,000       CLUB AND MEMBERSHIP DEVELOPMENT
(55) YALE POLO & EQUESTRIAN CENTER INC
79 RAINBOW ROAD
BETHANY,CT06524 		27-0820382 501(C)(3) 36,000       CLUB AND MEMBERSHIP DEVELOPMENT
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
12
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
43
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2019

Schedule I (Form 990) 2019
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients		 (c) Amount of
cash grant		 (d) Amount of
noncash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of noncash assistance
(1) ARENA REIMBURSEMENT 3 4,322      
(2) ARMED FORCES GRANT 3 7,753      
(3) CLUB DEVELOPMENT START UP 2 2,000      
(4) CLUB DEVELOPMENT SUPPORT 3 25,929      
(5) POLO DEVELOPMENT INITIATIVE 10 75,238      
(6) PRIZE MONEY 1 6,500      
(7) PUMP 8 10 29,728      
(8) TRAINING GRANT 1 9,000      
(9) TRAVEL PLAYER REIMBURSEMENT 19 17,542      
(10) TROPHY REIMBURSEMENT 3 4,000      
(11) UMP FUNDS 2 480      
(12) WOMEN'S TOURNAMENT ASSISTANCE 3 750      
(13) YOUNG PLAYERS OUTREACH GRANT 6 25,966      
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
PART I, LINE 2: THE ASSOCIATION USES THE FOLLOWING PROCEDURES FOR MONITORING USE OF GRANT FUNDS IN THE UNITED STATES: - CLUB VISITS; - SCORECARD COMPLETION WITH VARIOUS POINTS MEASURING METRICS SUCH AS ACHIEVEMENTS, GOALS, BENCH MARKING, ETC.; - CONTINUOUS MENTORING SUPPORT; - AND PROGRESS MONITORING. THE GRANT IS ISSUED ONLY WHEN THE REQUEST IS IN SUPPORT OF USPA'S MISSION.
Schedule I (Form 990) 2019



Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990.
SchJMediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
UNITED STATES POLO ASSOCIATION INC
 
Employer identification number

36-3016024
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .........
1b
 
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ..
2
 
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? .............
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ....................
5a
 
 
b
Any related organization? .......................
5b
 
 
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ..................
6a
 
 
b
Any related organization? ......................
6b
 
 
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
 
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................
8
 
 
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2019

Schedule J (Form 990) 2019
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation in column (B) reported as deferred on prior Form 990
(i) Base
compensation 		(ii) Bonus & incentive
compensation 		(iii) Other reportable compensation
1ROBERT PUETZ
CEO 		(i)

(ii)		 255,000
-------------
0 		22,500
-------------
0 		516
-------------
0 		44,100
-------------
0 		17,679
-------------
0 		339,795
-------------
0 		0
-------------
0
2SUSAN C PRESENT
CFO 		(i)

(ii)		 204,732
-------------
0 		20,000
-------------
0 		1,524
-------------
0 		8,989
-------------
0 		11,967
-------------
0 		247,212
-------------
0 		0
-------------
0
3CHARLES A MULDOON
EXEC. DIR. - UMPIRES LLC 		(i)

(ii)		 164,820
-------------
0 		10,000
-------------
0 		276
-------------
0 		0
-------------
0 		22,580
-------------
0 		197,676
-------------
0 		0
-------------
0
4CARLOS R DE ARELLANO II
EXEC. DIR. - MEMBER SERVICES 		(i)

(ii)		 164,539
-------------
0 		15,000
-------------
0 		120
-------------
0 		0
-------------
0 		22,499
-------------
0 		202,158
-------------
0 		0
-------------
0
Schedule J (Form 990) 2019

Schedule J (Form 990) 2019
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
Schedule J (Form 990) 2019

Additional Data


Software ID:  
Software Version:  
Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ.
MediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
UNITED STATES POLO ASSOCIATION INC
 
Employer identification number

36-3016024
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e) Original principal amount (f) Balance due (g) In default? (h) Approved by board or committee? (i) Written agreement?
To From Yes No Yes No Yes No
Total ...............Small Bullet $  
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
(1) DAVID RAGLAND
  		DAVID RAGLAND (TRUSTEE) 7,000 CLUB SUPPORT GRANT POLO DEVELOPMENT INITIATIVE
(2) OKC POLO CLUB
  		DAVID RAGLAND (TRUSTEE) 1,894 CLUB SUPPORT GRANT PUMP 8 CREDIT
(3) DENVER POLO CLUB
  		FAMILY MEMBERS OF ERICA GANDOMCAR-SACHS (TRUSTEE) 5,238 CLUB SUPPORT GRANT PUMP 8 CREDIT
(4) HAVILAND HOLLOW POLO CLUB
  		SAMUEL RAMIREZ (TRUSTEE) 8,090 CLUB SUPPORT GRANT PUMP 8 CREDIT
(5) HAVILAND HOLLOW POLO CLUB
  		SAMUEL RAMIREZ (TRUSTEE) 25,000 CLUB SUPPORT GRANT PRIZE MONEY
(6) PORT MAYACA POLO CLUB
  		STEPHEN ORTHWEIN JR. (TRUSTEE) 4,000 CLUB SUPPORT GRANT CLUB SUPPORT
(7) PORT MAYACA POLO CLUB
  		STEPHEN ORTHWEIN JR. (TRUSTEE) 3,100 CLUB SUPPORT GRANT PUMP 8 CREDIT
(8) PORT MAYACA POLO CLUB
  		STEPHEN ORTHWEIN JR. (TRUSTEE) 584 CLUB SUPPORT GRANT TROPHY REIMBURSEMENT
(9) RANCHO SILVERADO STABLES LLC DBA OC POLO
  		DENNIS GEILER (TRUSTEE) 18,000 CLUB SUPPORT GRANT POLO DEVELOPMENT INITIATIVE
(10) RANCHO SILVERADO STABLES LLC DBA OC POLO
  		DENNIS GEILER (TRUSTEE) 5,000 CLUB SUPPORT GRANT PUMP 8 CREDIT
(11) RANCHO SILVERADO STABLES LLC DBA OC POLO
  		DENNIS GEILER (TRUSTEE) 2,800 CLUB SUPPORT GRANT ARENA REIMBURSEMENT
(12) RANCHO SILVERADO STABLES LLC DBA OC POLO
  		DENNIS GEILER (TRUSTEE) 640 CLUB SUPPORT GRANT TROPHY REIMBURSEMENT
(13) AMISTAPOLO INC
  		CHILDREN OF JULIO ARELLANO (TRUSTEE) 43,835 GRANT TUSPA FOREIGN GRANT
(14) WAGENER POLO CLUB LLC
  		WILLIAM RAAB (TRUSTEE) 7,500 CLUB SUPPORT GRANT POLO DEVELOPMENT INITIATIVE
(15) WAGENER POLO CLUB LLC
  		WILLIAM RAAB (TRUSTEE) 4,600 CLUB SUPPORT GRANT PUMP 8 CREDIT
(16) WINDRIDGE FARM LLC
  		CHILD OF ROBERT MCMURTRY (TRUSTEE) 1,000 CLUB SUPPORT GRANT POLO DEVELOPMENT INITIATIVE
(17) ROBIN SANCHEZ
  		ROBIN SANCHEZ (TRUSTEE) 16,925 CLUB SUPPORT GRANT POLO DEVELOPMENT INITIATIVE
(18) ROBIN SANCHEZ
  		ROBIN SANCHEZ (TRUSTEE) 3,072 CLUB SUPPORT GRANT ARENA REIMBURSEMENT
(19) ROBIN SANCHEZ
  		ROBIN SANCHEZ (TRUSTEE) 1,753 CLUB SUPPORT GRANT ARMED FORCES
(20) ROBIN SANCHEZ
  		ROBIN SANCHEZ (TRUSTEE) 3,680 CLUB SUPPORT GRANT TROPHY REIMBURSEMENT
(21) ROBIN SANCHEZ
  		ROBIN SANCHEZ (TRUSTEE) 250 CLUB SUPPORT GRANT WOMEN'S TOURNAMENT
(22) ROBIN SANCHEZ
  		ROBIN SANCHEZ (TRUSTEE) 8,929 CLUB SUPPORT GRANT CLUB SUPPORT
(23) FRANKLIN POLO ACADEMY LLC
  		STEVEN ORTHWEIN JR. (TRUSTEE) 10,000 CLUB SUPPORT GRANT POLO DEVELOPMENT INITIATIVE
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2019
Schedule L (Form 990 or 990-EZ) 2019
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) RIZZO MANAGEMENT CORP
  		PETER RIZZO (TRUSTEE) 298,660 PURCHASE PUBLISHING SERVICE FOR THE POLO PLAYERS' EDITION MONTHLY MAGAZINE AND ADVERTISING.   No
(2) CHUKKERTV LLC
  		MELISSA GANZI (FORMER TRUSTEE) 627,592 TO RENDER FILM, PRODUCTION AND LIVE STREAM CONSULTING SERVICES IN CONNECTION WITH MULTIPLE USPA SANCTIONED POLO GAMES.   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L (Form 990 or 990-EZ) 2019


Additional Data


Software ID:  
Software Version:  




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.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2019
Open to Public
Inspection
Name of the organization
UNITED STATES POLO ASSOCIATION INC
 
Employer identification number

36-3016024
Return Reference Explanation
FORM 990, PART VI, SECTION A, LINE 1 IN ACCORDANCE WITH ARTICLE IV OF THE UNITED STATES POLO ASSOCIATION ("USPA") CONSTITUTION, THE BOARD OF GOVERNORS HAS DELEGATED THE FULL POWERS AND DUTIES OF THE BOARD OF GOVERNORS TO THE EXECUTIVE COMMITTEE TO ACT IN BETWEEN MEETINGS OF THE BOARD OF GOVERNORS, INCLUDING, BUT NOT LIMITED TO, THE OVERSIGHT OF THE DAY-TO-DAY OPERATIONAL BUSINESS OF THE ASSOCIATION, INCLUDING THE MANAGEMENT OF THE USPA STAFF AND ANNUAL BUDGET THAT HAS BEEN APPROVED BY THE BOARD OF GOVERNORS; PROVIDED, HOWEVER, THAT, UNLESS OTHERWISE DIRECTED FROM TIME TO TIME BY THE BOARD OF GOVERNORS, THE EXECUTIVE COMMITTEE SHALL NOT TAKE ANY ACTION THAT IS NOT APPROPRIATED FOR IN THE ANNUAL BUDGET OF THE ASSOCIATION AS APPROVED BY THE BOARD OF GOVERNORS OR THAT BINDS, COMMITS, OR OBLIGATES THE ASSOCIATION TO EXPEND, PLEDGE, LOAN, OR OTHERWISE COMMIT ASSOCIATION ASSETS THAT EXCEED TEN PERCENT (10%) OF ANY CORRESPONDING LINE ITEM IN THE ASSOCIATIONS'S BUDGET AS APPROVED BY THE BOARD OF GOVERNORS. NOTWITHSTANDING THE FOREGOING, ONE OF THE NON-DELEGATE DUTIES (AS DEFINED ABOVE) HAVE OR MAY BE DELEGATED TO THE EXECUTIVE COMMITTEE, AND THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY, WITHOUT CONSULTATION AND PRIOR APPROVAL OF THE BOARD OF GOVERNORS, TO PURCHASE, SELL, CREATE, OR DESTROY AND CORPORATE ENTITY OF THE ASSOCIATION, WHETHER OWNED IN WHOLE OR IN PART. EXCEPT FOR ANY ACTION ON THE PART OF THE EXECUTIVE COMMITTEE TO ACCEPT A MEMBER CLUB AS A PROVISIONAL ACTIVE MEMBER CLUB OR TAKE ANY ACTION OR MAKE ANY DETERMINATION SPECIFICALLY REQUIRED OF THE EXECUTIVE COMMITTEE IN ANY BOARD APPROVED DISCIPLINARY POLICY, EACH OF WHICH THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO DO WITHOUT FURTHER REVIEW BY THE BOARD OF GOVERNORS, ALL ACTIONS OF THE EXECUTIVE COMMITTEE CONSISTENT HEREWITH WILL BE BINDING ON THE ASSOCIATION AND WILL BE REPORTED TO THE BOARD OF GOVERNORS.
FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE OCTOBER 19, 2019, THE UNITED STATES POLO ASSOCIATION ("USPA") ADOPTED CERTAIN SIGNIFICANT CHANGES TO ITS CONSTITUTION AND BY-LAWS WHICH ARE SUMMARIZED AS FOLLOWS: 1) NOTICE OF BOARD MEETINGS AND BOARD MEETING AGENDA EXPECTATIONS: ARTICLE III, SECTION 3 HAS BEEN DIVIDED INTO TWO SUBSECTIONS. SUBSECTION (A) RELATES TO NOTICE OF BOARD MEETINGS AND PROVIDES FOR NEW, LIMITED CIRCUMSTANCES UNDER WHICH A SPECIAL MEETING OF THE BOARD OF GOVERNORS COULD BE CALLED ON TWENTY-FOUR HOURS NOTICE. SPECIFICALLY, IT PROVIDES THAT A SPECIAL BOARD MEETING MAY BE CALLED ON TWENTY-FOUR HOURS' ADVANCE NOTICE IF AND ONLY IF THE MEETING IS BEING CALLED IN CONNECTION WITH A MATTER SUBJECT TO THE DISCIPLINARY PROCEDURES POLICY OF THE USPA, AND RESOLUTION OF THE MATTER IS SO TIME SENSITIVE THAT PROVIDING FORTY-EIGHT HOURS' ADVANCE NOTICE TO THE BOARD WOULD HAVE AN ADVERSE EFFECT ON THE PROGRESSION OF A USPA EVENT. NEW SUBSECTION (B), WHICH IS INTENDED TO REPLACE EXISTING RESOLUTION 4.2, PROVIDES INFORMATION CONCERNING THE TIMELINE EXPECTATIONS FOR PLACING ITEMS ON A BOARD OF GOVERNORS MEETING AGENDA. IT REQUIRES BEST EFFORTS TO BE MADE TO PROVIDE, WHENEVER PRACTICAL, WRITTEN NOTICE OF ITEMS TO BE PLACED ON A BOARD OF GOVERNORS MEETING AGENDA, ALONG WITH CORRESPONDING DOCUMENTATION, IF ANY, AT LEAST THREE WEEKS BEFORE THE MEETING AT WHICH THE MATTER IS TO BE CONSIDERED. (ARTICLE III, SECTION 3) 2) YOUNG PLAYERS COMMITTEE ADDED AS STANDING ADVISORY COMMITTEE: THE YOUNG PLAYERS COMMITTEE WAS ADDED AS A STANDING ADVISORY COMMITTEE OF THE USPA. (ARTICLE IV, SECTION 3) 3) PROVISIONAL ACTIVE MEMBER CLUBS NOW TO BE CALLED PROVISIONAL MEMBER CLUBS: CONSISTENT WITH THE PROPOSED CHANGE TO THE CONSTITUTION, ALL REFERENCES TO "PROVISIONAL ACTIVE MEMBER CLUBS" HAVE BEEN CHANGED TO "PROVISIONAL MEMBER CLUBS." (ARTICLE VI, SECTION 3(A)(2) AND THROUGHOUT) 4) PROVISIONAL MEMBER CLUB DEFINITION CHANGES: THE DEFINITION OF "PROVISIONAL MEMBER CLUB" HAS BEEN REVISED IN SEVERAL RESPECTS. FIRST, PART (B) OF THAT DEFINITION HAS BEEN REVISED TO CLARIFY THAT PROVISIONAL MEMBER CLUBS INCLUDE ACTIVE MEMBER CLUBS THAT HAVE FALLEN OUT OF COMPLIANCE WITH THE SPECIFIC MEMBERSHIP REQUIREMENT TO HAVE AT LEAST SIX REGISTERED PLAYER MEMBERS AGE 18 YEARS OR OLDER BUT THAT OTHERWISE MEET ALL REQUIREMENTS FOR ACTIVE MEMBER CLUB MEMBERSHIP. SECOND, A NEW PART (C) OF THAT DEFINITION HAS BEEN ADDED TO PROVIDE THAT PROVISIONAL MEMBER CLUBS ALSO MAY INCLUDE CLUBS THAT PARTICIPATE EXCLUSIVELY IN INTERSCHOLASTIC POLO AT THE HIGH SCHOOL LEVEL. SUCH CLUBS MAY QUALIFY AS PROVISIONAL MEMBER CLUBS EVEN IF THEY DO NOT HAVE AT LEAST SIX REGISTERED PLAYER MEMBERS AGE 18 YEARS OR OLDER SO LONG AS THEY OTHERWISE MEET ALL REQUIREMENTS FOR ACTIVE MEMBER CLUB MEMBERSHIP, AND THEY MAY REMAIN PROVISIONAL MEMBER CLUBS IRRESPECTIVE OF THE OTHERWISE-APPLICABLE THREE-YEAR TIME LIMIT FOR BEING CLASSIFIED AS A PROVISIONAL MEMBER CLUB. ADDITIONALLY, NEW LANGUAGE HAS BEEN ADDED TO THE DEFINITION TO CLARIFY THAT ACTIVE MEMBER CLUBS THAT FALL OUT OF COMPLIANCE WITH THE REQUIREMENT TO HAVE AT LEAST SIX REGISTERED PLAYER MEMBERS AGE 18 OR OLDER SHALL BE RECLASSIFIED AUTOMATICALLY AS PROVISIONAL MEMBER CLUBS UPON IDENTIFICATION AND CONFIRMATION OF SUCH FACT BY USPA STAFF. (ARTICLE VI, SECTION 3(A)(2)) 5) AFFILIATE MEMBER CLUB DEFINITION CHANGE: LANGUAGE WAS ADDED THAT REQUIRES, EFFECTIVE JANUARY 1, 2020, ALL AFFILIATE MEMBER CLUBS TO HAVE AT LEAST SIX INDIVIDUAL MEMBERS THAT ARE REGISTERED PLAYER MEMBERS, AFFILIATE PLAYER MEMBERS, OR ANY COMBINATION THEREOF. (ARTICLE VI, SECTION 3(A)(3)) 6) AUTOMATIC SUSPENSION FOR FAILURE TO MAINTAIN INSURANCE: LANGUAGE WAS ADDED TO PROVIDE THAT MEMBER CLUBS THAT FALL OUT OF COMPLIANCE WITH USPA INSURANCE REQUIREMENTS SHALL BE SUSPENDED AUTOMATICALLY UPON IDENTIFICATION AND CONFIRMATION OF SUCH FACT BY USPA STAFF. (ARTICLE VI, SECTION 4(A)) 7) 90-DAY GRACE PERIOD BEFORE LOSING RIGHT TO PARTICIPATE IN ASSOCIATION AFFAIRS DUE TO BEING REGISTERED WITH A MEMBER CLUB NOT IN GOOD STANDING: LANGUAGE WAS ADDED TO ARTICLE VI, SECTION 4(B) TO PROVIDE THAT INDIVIDUAL MEMBERS THAT ARE NOT IN GOOD STANDING, OR THAT ARE REGISTERED THROUGH A MEMBER CLUB THAT IS NOT IN GOOD STANDING FOR A PERIOD EXCEEDING 90 DAYS, MAY NOT PARTICIPATE IN ASSOCIATION AFFAIRS AS DESCRIBED IN THAT SECTION. THE 90-DAY PERIOD IS INTENDED TO PROVIDE INDIVIDUAL MEMBERS WITH A GRACE PERIOD BEFORE THEY WOULD LOSE THEIR RIGHT TO PARTICIPATE IN ASSOCIATION AFFAIRS DUE TO BEING REGISTERED THROUGH A MEMBER CLUB THAT IS NOT IN GOOD STANDING. (ARTICLE VI, SECTION 4(B)) 8) MEMBER CLUB RECLASSIFICATION: ARTICLE VI, SECTION 6(A) RELATING TO MEMBERSHIP RECLASSIFICATIONS WAS REVISED FOR CONSISTENCY WITH THE CHANGE MADE TO ARTICLE VI, SECTION 4(A) DESCRIBED ABOVE (RELATING TO AUTOMATIC SUSPENSION FOR FAILURE TO MAINTAIN THE REQUISITE INSURANCE). THAT PROVISION NOW PROVIDES THAT, WHEN A MEMBER CLUB THAT HAS BEEN SUSPENDED (E.G., FOR DISCIPLINARY REASONS OR FOR FAILURE TO MAINTAIN THE REQUISITE INSURANCE) HAS CORRECTED THE DEFICIENCIES RESULTING IN SUSPENSION, THE MEMBER CLUB MAY APPLY FOR REINSTATEMENT AND THE BOARD OF GOVERNORS OR THE EXECUTIVE COMMITTEE MAY CONSIDER AND ACT UPON SUCH APPLICATIONS FOR REINSTATEMENT.
FORM 990, PART VI, SECTION A, LINE 4 9) EXECUTIVE COMMITTEE COMPOSITION: THE CHAIRMAN OF THE ASSOCIATION SHALL MAKE RECOMMENDATIONS REGARDING INDIVIDUALS TO SERVE AS MEMBERS OF THE EXECUTIVE COMMITTEE, BUT RATHER THAN THE BOARD VOTING TO APPROVE OR DISAPPROVE THE FULL SLATE OF CANDIDATES PROPOSED BY THE CHAIRMAN, THE BOARD SHALL VOTE TO APPROVE OR DISAPPROVE EACH INDIVIDUAL CANDIDATE PROPOSED. ADDITIONALLY, UNLESS OTHERWISE DETERMINED BY THE BOARD OF GOVERNORS, SUCH VOTES SHALL BE BY CLOSED BALLOT AT A BOARD MEETING. RECORDS OF THE VOTES OF EACH BOARD MEMBER SHALL BE KEPT AND ANY MEMBER OF THE BOARD MAY REQUEST TO EXAMINE SUCH RECORDS. (ARTICLE III, SECTION 2) 10) NOMINATING COMMITTEE: THE NOMINATING COMMITTEE SHALL CONTINUE TO BE MADE UP OF SEVEN VOTING MEMBERS SELECTED BY THE BOARD OF GOVERNORS. OF THE SEVEN VOTING MEMBERS OF THE NOMINATING COMMITTEE, FIVE SHALL BE SELECTED FROM AMONG THE THEN-CURRENT MEMBERS OF THE BOARD OF GOVERNORS AND THE REMAINING TWO SHALL BE SELECTED FROM AMONG THE REGISTERED PLAYER MEMBERS THAT ARE AT LEAST 18 YEARS OF AGE AND THAT ARE NOT THEN-CURRENT MEMBERS OF THE BOARD OF GOVERNORS (BUT WHO MAY BE PRIOR MEMBERS OF THE BOARD OF GOVERNORS). IN LIEU OF A NONVOTING NOMINATING COMMITTEE CHAIRPERSON SELECTED BY THE AUDIT COMMITTEE, THE SEVEN VOTING NOMINATING COMMITTEE MEMBERS SHALL SELECT A VOTING CHAIRPERSON FROM AMONG THE NOMINATING COMMITTEE MEMBERS. (ARTICLE III, SECTION 3) 11) PROVISIONAL ACTIVE MEMBER CLUBS NOW TO BE CALLED PROVISIONAL MEMBER CLUBS: ALL REFERENCES TO "PROVISIONAL ACTIVE MEMBER CLUBS" HAVE BEEN CHANGED TO "PROVISIONAL MEMBER CLUBS." (ARTICLE IV, SECTION 1(A)) 12) CLARIFICATION REGARDING DELEGATE RIGHT TO VOTE BY PROXY: LANGUAGE WAS ADDED TO ARTICLE IV, SECTION 4(A) TO CLARIFY THAT DELEGATE VOTING BY PROXY IS PERMITTED ONLY WITH RESPECT TO PROPOSED CONSTITUTIONAL AMENDMENTS. (ARTICLE IV, SECTION 4(A)) 13) RECORD DATE FOR DELEGATE NOMINATION OF GOVERNOR-AT-LARGE CANDIDATE: LANGUAGE WAS ADDED TO ARTICLE IV, SECTION 4 TO PROVIDE A RECORD DATE FOR DETERMINING DELEGATES ELIGIBLE TO NOMINATE A CANDIDATE FOR GOVERNOR-AT-LARGE. SUCH LANGUAGE PROVIDES THAT DELEGATES OF RECORD AS OF JUNE 1 OF A GOVERNOR-AT-LARGE ELECTION YEAR SHALL BE PERMITTED TO NOMINATE A CANDIDATE FOR GOVERNOR-AT-LARGE (PURSUANT TO ARTICLE VI) AND FURTHER PROVIDES THAT IF AN ACTIVE MEMBER CLUB CHANGES ITS DELEGATE AFTER JUNE 1 BUT BEFORE THE CLOSE OF THE PERIOD FOR DELEGATE NOMINATIONS OF GOVERNOR-AT-LARGE CANDIDATES, SUCH ACTIVE MEMBER CLUB WILL NOT HAVE A DELEGATE ELIGIBLE TO NOMINATE A CANDIDATE FOR GOVERNOR-AT-LARGE FOR SUCH ELECTION. (ARTICLE IV, SECTION 4(D)) 14) 90-DAY GRACE PERIOD BEFORE LOSING RIGHT TO PARTICIPATE IN ASSOCIATION AFFAIRS DUE TO BEING REGISTERED WITH A MEMBER CLUB NOT IN GOOD STANDING: LANGUAGE WAS ADDED TO ARTICLE IV, SECTION 5 TO PROVIDE THAT INDIVIDUAL MEMBERS THAT ARE NOT IN GOOD STANDING, OR THAT ARE REGISTERED THROUGH A MEMBER CLUB THAT IS NOT IN GOOD STANDING FOR A PERIOD EXCEEDING 90 DAYS, MAY NOT PARTICIPATE IN ASSOCIATION AFFAIRS AS DESCRIBED IN THAT SECTION. THE 90-DAY PERIOD IS INTENDED TO PROVIDE INDIVIDUAL MEMBERS WITH A GRACE PERIOD BEFORE THEY WOULD LOSE THEIR RIGHT TO PARTICIPATE IN ASSOCIATION AFFAIRS DUE TO BEING REGISTERED THROUGH A MEMBER CLUB THAT IS NOT IN GOOD STANDING. (ARTICLE IV, SECTION 5) 15) MEMBER CLUB RECLASSIFICATION: THE LANGUAGE IN ARTICLE IV, SECTION 8 RELATING TO THE PROCEDURE FOR MEMBER CLUB RECLASSIFICATIONS WAS MODIFIED TO REFLECT THAT IT IS INTENDED TO CONSISTENT WITH THE PROCESS FOR MEMBER CLUB RECLASSIFICATIONS THAT IS DESCRIBED IN THE BY-LAWS (E.G., PERMITTING THE EXECUTIVE COMMITTEE TO ACT UPON APPLICATIONS FOR REINSTATEMENT IN SPECIFIED CIRCUMSTANCES, RATHER THAN ONLY PERMITTING THE BOARD TO DO SO AS COULD HAVE BEEN SUGGESTED BY THE PRIOR LANGUAGE). (ARTICLE IV, SECTION 8) 16) CLARIFICATION REGARDING TIMING FOR WHEN ELECTED CIRCUIT GOVERNORS AND GOVERNORS-AT-LARGE ASSUME OFFICE: A NEW SUBSECTION F WAS ADDED TO SECTION 3 OF ARTICLE V TO CLARIFY THAT ELECTED CIRCUIT GOVERNORS TAKE OFFICE AT THE CONCLUSION (RATHER THAN THE START) OF THE NEXT ANNUAL MEMBER MEETING FOLLOWING THEIR ELECTION AND TO FURTHER CLARIFY THAT THEIR TERMS EXPIRE AT THE THIRD ANNUAL MEMBER MEETING FOLLOWING THE BEGINNING OF THEIR TERMS. SIMILAR LANGUAGE WAS ADDED TO SUBSECTION I OF SECTION 2 OF ARTICLE VI WITH RESPECT TO GOVERNORS-AT-LARGE. (ARTICLE V, SECTION 3F; ARTICLE VI, SECTION 2I)
FORM 990, PART VI, SECTION A, LINE 6 THE UNITED STATES POLO ASSOCIATION IS AN ASSOCIATION OF REGISTERED POLO CLUBS, ASSOCIATIONS, AND OTHER ENTITIES ENGAGED IN OR RELATED TO THE SPORT OF POLO (COLLECTIVELY, THE "MEMBER CLUBS") AND OF THE ASSOCIATION REGISTERED INDIVIDUAL MEMBERS OF THE MEMBER CLUBS, MEMBER CLUB CLASSIFICATIONS ARE ACTIVE, PROVISIONAL MEMBER, AFFILIATE AND ASSOCIATE MEMBER CLUBS, INDIVIDUAL MEMBER CLASSIFICATIONS ARE REGISTERED PLAYER, AFFILIATED PLAYER, SOCIAL NON-PLAYING, LIFETIME AND PLAYER ONLY.
FORM 990, PART VI, SECTION A, LINE 7A CIRCUIT GOVERNORS - THE ACTIVE MEMBER CLUBS IN EACH CIRCUIT, BY VOTE OF THEIR DELEGATES, WILL ELECT A CIRCUIT GOVERNOR FOR A THREE YEAR TERM WHO WILL REPRESENT THE CIRCUIT IN ITS RELATIONS WITH THE ASSOCIATION. GOVERNORS-AT-LARGE - SHALL BE ELECTED BY THE VOTE OF REGISTERED PLAYERS IN GOOD STANDING FOR A TWO YEAR TERM. BEGINNING AS OF THE FALL 2019, EACH GOVERNOR-AT-LARGE SHALL SERVE FOR A THREE YEAR TERM.
FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS OR CHANGES TO THE CONSTITUTION CAN ONLY BE MADE BY THE AFFIRMATIVE VOTE OF TWO-THIRDS (2/3) OF THE TOTAL NUMBER OF VOTES CAST BY THE DELEGATES OF THE ACTIVE MEMBER CLUBS OF THE ASSOCIATION. EACH MEMBER CLUB APPOINTS 1 DELEGATE AND THE DELEGATES ARE CONSIDERED THE MEMBERS. THE UNITED STATES POLO ASSOCIATION ("USPA") MUST HOLD AN ANNUAL MEMBER MEETING EACH FALL AND MUST HAVE A QUORUM BY ATTENDEES AND/OR BY PROXY IN ORDER TO CONDUCT THE MEETING. NO BUSINESS CAN BE CONDUCTED WITHOUT A QUORUM OF THE MEMBERS. THE WRITTEN NOTICE OF THE PROPOSED AMENDMENT IS PROVIDED TO THE DELEGATE OF ALL ACTIVE MEMBER CLUBS AS LEAST THIRTY (30) DAYS PRIOR TO THE MEETING. ALL NEW AND/OR CHANGES IN OFFICERS AND GOVERNORS ARE INSTALLED IN THE ANNUAL MEMBER MEETING. ALSO, ONLY DELEGATES (MEMBERS) OF THE ASSOCIATION CAN VOTE IN CIRCUIT GOVERNOR ELECTIONS AND ONLY REGISTERED PLAYER MEMBERS (PLAYING MEMBERS WITH US CITIZENSHIP) CAN VOTE IN GOVERNOR-AT-LARGE ELECTIONS.
FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CEO, CFO AND EXECUTIVE COMMITTEE (WHO REPRESENT THE BOARD) BEFORE FILING AND IS AVAILABLE TO ALL BOARD MEMBERS.
FORM 990, PART VI, SECTION B, LINE 12C THE UNITED STATES POLO ASSOCIATION ("USPA") FINALIZED AND APPROVED A DETAILED CONFLICT OF INTEREST POLICY IN 2015. THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO ANY INTERESTED PERSON, WHICH IS ANY USPA OFFICER, EMPLOYEE, GOVERNOR LIEUTENANT GOVERNOR, COMMITTEE MEMBER OR CHAIR AND VOLUNTEER. THE ORGANIZATION'S BOARD MEMBERS SIGN A BOARD OATH WHICH INCLUDES A STATEMENT REGARDING POTENTIAL CONFLICTS OF INTEREST. ANY INTERESTED PERSON HAS A DUTY TO DISCLOSE FINANCIAL CONFLICTS OF INTEREST. FINANCIAL CONFLICTS OF INTEREST WILL FIRST BE DISCLOSED TO THE CFO IN THE DISCLOSURE STATEMENT, THEN TO THE AUDIT COMMITTEE IF NECESSARY, AND FINALLY TO THE BOARD OF GOVERNORS, IF NECESSARY. THE AUDIT COMMITTEE REVIEWS THESE REPORTS AND DETERMINES THEIR VALIDITY. THERE WERE WERE NO CONFLICTS OF INTERESTS IN 2019 REQUIRING FORMAL ACTION BY THE ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 15A IN DETERMINING THE COMPENSATION OF THE ORGANIZATION'S CEO, THE PROCESS, PERFORMED BY THE UNITED STATES POLO ASSOCIATION INCLUDED A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE BOARD AND STAFF COMMITTEE REVIEWED THE INFORMATION AND PREPARED THE RECOMMENDATION WHICH IS THEN APPROVED BY THE BOARD OF GOVERNORS. IN THE RENEW OF THE COMPENSATION, THE CEO WAS COMPARED TO INDIVIDUALS AT OTHER ORGANIZATIONS THE AREA WHO HOLD THE SAME TITLE. DURING THE REVIEW AND APPROVAL OF THE COMPENSATION, DOCUMENTATION OF THE DECISION WAS RECORDED IN THE COMMITTEE MINUTES. THE INDIVIDUAL IS NOT PRESENT WHEN THE COMPENSATION WAS DECIDED. THIS PROCESS IS DONE YEARLY.
FORM 990, PART VI, SECTION C, LINE 19 THE UNITED STATES POLO ASSOCIATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION B, LINE 14: THE ORGANIZATION HAS A DOCUMENT RETENTION AND DESTRUCTION POLICY. HOWEVER, SINCE THIS POLICY IS ADMINISTRATIVE, THERE IS NO NEED FOR BOARD APPROVAL.
FORM 990, PART VII, SECTION A: THE AMOUNTS PAID TO JULIO ARELLANO AND ROBIN SANCHEZ REFLECT COMPENSATION FOR CONTRACTUAL SERVICES AS INDEPENDENT CONTRACTORS, UNRELATED TO THEIR DUTIES AS TRUSTEES.
FORM 990, PART XI, LINE 9: CUMULATIVE EFFECT OF ADOPTION OF ACCOUNTING STANDARD CODIFICATION 606 8,816,241.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2019


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SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990.
MediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
UNITED STATES POLO ASSOCIATION INC
 
Employer identification number

36-3016024
Part I
Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity
(1) USPA UMPIRES LLC
12012 SOUTH SHORE BLVD 102
WELLINGTON,FL33414
45-3789031 		POLO UMPIRING, INCLUDING CERTIFICATION AND SETTING OF STANDARDS FL 1,337,911 335,993 UNITED STATES POLO ASSOCIATION INC
 
(2) USPA POLO DEVELOPMENT LLC
12012 SOUTH SHORE BLVD 102
WELLINGTON,FL33414
37-1743330 		DEVELOPMENT OF PLAYERS, CLUBS AND MANAGERS FL 135,224 118,667 UNITED STATES POLO ASSOCIATION INC
 
(3) USPA MARKETING LLC
12012 SOUTH SHORE BLVD 102
WELLINGTON,FL33414
90-0902831 		MARKETING AND BRANDING OF THE SPORT FL 0 0 UNITED STATES POLO ASSOCIATION INC
 






Part II
Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No
(1)AMERICAN INTERNATIONAL POLO FOUNDATION
12012 SOUTH SHORE BLVD 102

WELLINGTON,FL33414
37-1401344 		PROMOTE/EDUCATE POLO NATIONALLY AND INTERNATIONALLY IL 501(C)(3) 10 UNITED STATES POLO ASSOCIATION INC
 
Yes
 












For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2019
Schedule R (Form 990) 2019
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No












Part IV
Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) USPA GLOBAL LICENSING INC

1400 CENTREPARK BLVD 200
WEST PALM BEACH,FL33401
36-3280427 		TRADEMARK AGREEMENTS IL UNITED STATES POLO ASSOCIATION INC
  		C 18,801,518 36,588,259 100.000 % Yes  












Schedule R (Form 990) 2019
Schedule R (Form 990) 2019
Page 3
Part V
Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................
1a
Yes
 
b Gift, grant, or capital contribution to related organization(s) ............................
1b
 
No
c Gift, grant, or capital contribution from related organization(s) ............................
1c
 
No
d Loans or loan guarantees to or for related organization(s) ............................
1d
 
No
e Loans or loan guarantees by related organization(s) ............................
1e
 
No
f Dividends from related organization(s) ............................
1f
Yes
 
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
 
No
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
 
No
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
 
No
o Sharing of paid employees with related organization(s) ............................
1o
 
No
p Reimbursement paid to related organization(s) for expenses ............................
1p
Yes
 
q Reimbursement paid by related organization(s) for expenses ............................
1q
Yes
 
r Other transfer of cash or property to related organization(s) ............................
1r
 
No
s Other transfer of cash or property from related organization(s) ............................
1s
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) USPA GLOBAL LICENSING INC

 A 18,801,518 AMOUNT RECORDED FOR ROYALTIES
(2) USPA GLOBAL LICENSING INC

 F 2,000,000 AMOUNT RECEIVED FOR DIVIDENDS




Schedule R (Form 990) 2019
Schedule R (Form 990) 2019
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2019
Schedule R (Form 990) 2019
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. (see instructions).
Return Reference Explanation
Schedule R (Form 990) 2019

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