Usta

Nonprofit profile at a glance

EIN
132946690
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Purchase, NY, USA
Phone
9146967000
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Racquet Sports

Official website

Reported finances

Revenue
$139,836,929
Expenses
$131,206,699
Assets
$656,264,877
Liabilities
$762,361,760

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

22 people listed

Executive titles in this filing

  • BRIAN HAINLINE (CHAIRMAN & PRESIDENT)
  • BRIAN VAHALY (FIRST VICE PRESIDENT)
  • KATHLEEN FRANCIS (VICE PRESIDENT)
  • LAURA F CANFIELD (VICE PRESIDENT)
  • MICHAEL MCNULTY III (IMMEDIATE PAST PRESIDENT)
  • LEWIS SHERR (CEO & EXECUTIVE DIRECTOR)

Highest reported compensation

  • LEWIS SHERR (CEO & EXECUTIVE DIRECTOR): $1,603,418 total reported compensation
  • DANIEL ZAUSNER (VP, CHIEF OPERATING OFFICER): $1,103,755 total reported compensation
  • CHARLES JETTMAR (MD, CAPITAL PROJ. & ENGINEER.): $382,702 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is growing tennis to inspire healthier people and communities everywhere and to operate a year-round public recreational facility. The USTA is made up of 17 individual sections, each representing distinct geographic locations throughout the U.S. and all working to support players and promote the growth of the game across the country. In turn, the 17 sections are each comprised of individual districts. Find your section by clicking on your state in the map below. By clicking on the map below you will set your location on usta.com to that section to receive content to your local area. The USTA’s 17 geographical sections throughout the U.S. help bring tennis to people of all ages and abilities.

What it reported doing in 2024

In accordance with the New York city lease and in furtherance of its charitable purpose of lessening the burdens of the government of the city of New York, the ntc is available for recreational events, ethnic and community festivals, scholastic athletic events and other public spectator events. In 2024, the ntc welcomed the westminster kennel club dog show for the second consecutive year, all-elite wrestling for the fourth conesecutive year and hosted a number of high school and college graduations. The facility is a largely year-round public facility for the people of nyc.

Operating model

Revenue model
Other-operating. 98% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 95
  • Accountability: 91
  • Sustainability: 60
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.2%; rating input score 92
  • Program expense ratio: 99.4%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 93.3%; rating input score 93; 44th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6.2%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 5; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 1.16; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 2.1%; rating input score 53; 53rd percentile among comparable filings

Growth

  • Program expense growth: 5.7% per year; rating input score 100; 47th percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 6.4% per year; rating input score 100; 47th percentile among comparable filings

Details

  • What they do: 1 operating location identified
  • Where the money goes: 92.2% of revenue deployed · 99.4% of spending went to programs
  • Governance: 14 of 15 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $130.5M in reported program spending
  • Leadership: top reported pay $1.6M · 22 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $28.2M reported
  • Consistency: 37 of 37 current checks pass
  • Schedules: 7 filed schedules · includes grants and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • Review — Sustainability: Officer compensation ratio scored 53/100.