The Form 990 was not made publicly available until this week.
for Max Siegel, its CEO, in 2018, totaling $4,294,650, although not all of it will be paid out until 2024.
Nonprofits like USATF are required by the IRS to publish their tax forms. The U.S. Olympic and Paralympic Committee also requires that its member sports publicize their tax filings.on Wednesday, USATF spokesperson Susan Hazzard wrote, “Max Siegel did not earn more than $4.2M in 2018, as reflected on the 990. The USATF Board of Directors and its Compensation Committee approved the compensation package for Mr. Siegel in 2014.
Siegel’s salary raises the most questions, especially in a sport where all but the most successful athletes struggle to make ends meet. Many athletes who are ranked in the top 10 in their events have trouble paying for rent, food, and coaching if they do not have the backing of a sponsor. Timothy Hinchey, the CEO of USA Swimming, made $721,101 during 2018. Brett Harris, the CEO of USA Triathlon, made $413,480. David Raith, the executive director of USA Figure Skating, made $363,036.
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