2024-04-30T13:48:10-05:00 2023-06-30 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2022-07-01 231352007 THE AMERICAN BOARD OF SURGERY INC AMER 2155684000 1617 JOHN F KENNEDY BLVD 860 PHILADELPHIA PA 191031847 JO BUYSKE PRESIDENT AND CEO 2155684000 2024-04-24 1 JO BUYSKE 999009999 1 CHRISTOPHER M PEKULA P00734965 2154414600 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JO BUYSKE MD 1617 JOHN F KENNEDY BLVD 860 PHILADELPHIA PA 191031847 21273240 0 X WWW.ABSURGERY.ORG X 1937 PA ADMINISTRATION OF CERTIFICATION, RECERTIFICATION AND CONTINUOUS CERTIFICATION EXAMS AND ASSESSMENTS IN GENERAL SURGERY, AS WELL AS SPECIALTY AREAS OF SURGICAL CRITICAL CARE, PEDIATRIC SURGERY, HAND SURGERY, COMPLEX GENERAL SURGICAL ONCOLOGY, AND VASCULAR SURGERY. AS OF DECEMBER 2021, HOSPICE AND PALLIATIVE CARE DIPLOMATES ARE NOW CERTIFIED BY THE AMERICAN BOARD OF INTERNAL MEDICINE. 12 11 49 1300 0 0 616495 0 14984552 15747727 287669 958445 265897 251921 16154613 16958093 0 0 0 0 5965978 7537125 0 0 0 5635680 7036650 11601658 14573775 4552955 2384318 23969244 30085672 8046799 8473537 15922445 21612135 X SEE SCHEDULE O 0 0 THE ABS INCURS COSTS ASSOCIATED WITH THE DEVELOPMENT AND ADMINISTRATION OF EXAMINATIONS FOR CANDIDATES SEEKING INITIAL CERTIFICATION, CONTINUOUS CERTIFICATION, AND FOCUS PRACTICE DESIGNATION BY ABS AND IN ISSUING CERTIFICATES OF QUALIFICATION TO ALL CANDIDATES MEETING THE ABS'S REQUIREMENTS. DURING THE FISCAL YEAR ENDED JUNE 30, 2023, THERE WERE 23,831 INDIVIDUALS WHO TOOK AN EXAMINATION, INCLUDING 11,076 SURGERY RESIDENTS TAKING THEIR IN-TRAINING EXAMINATIONS. 2,002 INDIVIDUALS OBTAINED INITIAL CERTIFICATION, 8,490 TOOK THE CONTINUOUS CERTIFICATION ASSESSMENT FOR GENERAL AND OTHER SPECIALTIES AND 118 TOOK THE METABOLIC AND BARIATRIC SURGERY FOCUSED PRACTICE DESIGNATION. THE TYPES OF EXAMINATIONS THE COSTS ARE INCURRED FOR INCLUDE THE FOLLOWING: IN-TRAINING, QUALIFYING, CERTIFYING, RECERTIFICATION, CONTINUOUS ASSESSMENTS, AND FOCUS PRACTICE DESIGNATION. THE AREAS OF SPECIALTY INCLUDE GENERAL SURGERY, VASCULAR SURGERY, SURGICAL CRITICAL CARE, PEDIATRIC SURGERY, HAND SURGERY, COMPLEX GENERAL SURGICAL ONCOLOGY, AND METABOLIC AND BARIATRIC SURGERY. THE SCORE ARM OF THE ABS INCURS EXPENSES IN PROVIDING HIGH-QUALITY EDUCATIONAL CONTENT IN SUPPORT OF THE SCORE CURRICULUM TO RESIDENTS AND RESIDENCY PROGRAMS VIA THE SCORE PORTAL ON THE ORGANIZATION'S WEBSITE. THE SCORE CURRICULUM IS DESIGNED TO DEFINE THE SPECIALTY OF GENERAL SURGERY AND PROVIDE GREATER ASSURANCE THAT RESIDENTS ARE RECEIVING SUFFICIENT TRAINING IN ALL AREAS. THE CURRICULUM FOCUSES ON THE FIVE YEARS OF PROGRESSIVE EDUCATION AND TRAINING THAT CONSTITUTE GENERAL SURGERY RESIDENCY IN THE U.S., AFTER MEDICAL SCHOOL BUT PRIOR TO INDEPENDENT PRACTICE.THE EPA PROJECT, ALTHOUGH LARGELY DRIVEN BY VOLUNTEER WORK, INCURS EXPENSES FOR THE OVERALL PROJECT LEADS, FACILITATION OF MEETINGS, COMMUNICATIONS, PROFESSIONAL FEES AS WELL AS THE DEVELOPMENT OF A MOBILE-BASED TECHNOLOGY PLATFORM. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 49 1 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JO BUYSKE MD PRESIDENT CEO 2155684000 1617 JOHN F KENNEDY BLVD STE 860 PHILADELPHIA PA 191031847 AMY J GOLDBERG MD DIRECTOR 3.00 X 0 0 0 BETH H SUTTON MD DIRECTOR 3.00 X 0 0 0 JO BUYSKE MD PRESIDENT & CEO, EX-OFFICIO 40.00 X X 989966 0 51777 JOHN H STEWART IV MD DIRECTOR 3.00 X 0 0 0 KAREN FISHER JD DIRECTOR 3.00 X 0 0 0 M ASHRAF MANSOUR MBBS VICE CHAIR 3.00 X X 0 0 0 MARJORIE J ARCA MC DIRECTOR 3.00 X 0 0 0 MARK R CHASSIN MD MPP MPH DIRECTOR 3.00 X 0 0 0 MARY T HAWN MD CHAIR 3.00 X X 0 0 0 PARIS D BUTLER MD MPH DIRECTOR 3.00 X 0 0 0 REBECCA M MINTER MD DIRECTOR 3.00 X 0 0 0 ROBERT D FANELLI MD MHA DIRECTOR 3.00 X 0 0 0 JESSICA A SCHREADER COS/CAO; BOARD SECRETARY 40.00 X 184313 0 36845 MARY K MACKEY CPA CFO; BOARD TREASURER 40.00 X 182808 0 15533 ADANWIMO OKAFOR GENERAL COUNSEL & CDEIO 40.00 X 235401 0 9792 AMIT RT JOSHI MD EDITOR-IN-CHIEF, SCORE 3.00 X 162538 0 0 ANDREW JONES PHD CQRAO 40.00 X 194069 0 27041 BRUCE A PERLER MD VICE-PRESIDENT 20.00 X 253661 0 7610 JOHN D MELLINGER MD VICE PRESIDENT 20.00 X 261283 0 37275 MARK J HICKEY COO 40.00 X 187017 0 41754 ALEX MINKOVSKY SENIOR SOFTWARE ENGINEER 40.00 X 119791 0 19898 CAROL BARRY MARINI PHD SENIOR PSYCHOMETRICIAN 40.00 X 140273 0 28920 CHRISTOPHER TUCCI SENIOR SYSTEMS ENGINEER 40.00 X 114813 0 19201 LISA DRISCOLL IT MANAGER 40.00 X 119750 0 30048 NICOLE GIFFORD SENIOR EXAM AND LOGISTICS MANAGER 40.00 X 110554 0 29410 3256237 0 355104 15 0 1 0 NCS PEARSON INC 5601 GREEN VALLEY DRIVE BLOOMINGTON MN 55437 TESTING ADMIN FEES 758082 SILVERCHAIR 316 EAST MAIN STREET SUITE 300 CHARLOTTESVILLE VA 22902 IT SERVICES (SCORE) 644645 INTERNET TESTING SYSTEMS LLC 3000 CHESTNUT AVENUE SUITE 401 BALTIMORE MD 21211 IT SERVICES 278968 BALLARD SPAHR LLC 1735 MARKET STREET 51ST FLOOR PHILADELPHIA PA PA 19103 LEGAL/HR SERVICES 230900 YOCUM TECHNOLOGY GROUP 5531 KURT DRIVE ALLENTOWN PA PA 18104 IT SERVICES 210334 9 REGISTRATION / EXAM FEES 611710 13094566 13094566 SUBSCRIPTIONS 611710 2484738 2484738 PSYCHOMETRIC FEES 611710 80500 80500 CONTENT PARTNER 611710 66976 66976 MISCELLANEOUS EXAMINATION FEES 611710 20947 20947 15747727 754866 754866 4518726 4315147 203579 203579 203579 PASSTHROUGH REIMBURSEMENT 611710 251921 251921 251921 16958093 15999648 0 958445 3138027 2848061 823047 363781 364209 331665 36377 95702 791049 167903 1972933 465066 1060390 118409 38589 110260 EXAMINATION ADMINISTRAT 1135173 DUES 302847 BOARD PASSTHROUGHS 251917 STAFF EVENTS 57025 101345 14573775 5905906 4670476 366205 376692 263746 360650 3085912 1594467 243590 1491445 17175755 22081962 169099 14042 935348 23969244 30085672 811588 1986473 4178017 4552174 3057194 1934890 8046799 8473537 X 15922445 21612135 15922445 21612135 23969244 30085672 X 2384318 1230652 2074720 X X 0 1 X 1 0 431767 310081 121686 1289703 1275729 13974 1364442 8657 1355785 1491445 PENSION PLAN LIABILITY 439293 OTHER LONG-TERM LIABILITY 519488 LEASE LIABILITIES - OPERATING 976109 1934890 X 18093043 1230652 1230652 16862391 95702 95702 16958093 14478073 0 14478073 95702 95702 14573775 PART X, LINE 2: ABS IS A NON-PROFIT ORGANIZATION WHICH HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE (IRS) TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C)(6) OF THE INTERNAL REVENUE CODE (IRC). SCORE WAS A NON-PROFIT ORGANIZATION WHICH HAS BEEN DETERMINED BY THE IRS TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C)(4) OF THE IRC. ON SEPTEMBER 16, 2020, SCORE FILED ITS FINAL FEDERAL INCOME TAX RETURN. ABS ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. ABS'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. MANAGEMENT DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. ABS'S FEDERAL INCOME TAX RETURNS FOR 2022, 2021, AND 2020 REMAIN SUBJECT TO EXAMINATION BY THE IRS. X X X X X X 0 0 0 JO BUYSKE MD PRESIDENT & CEO, EX-OFFICIO 798716 0 191250 0 0 0 24400 0 27377 0 1041743 0 0 0 JOHN D MELLINGER MD VICE PRESIDENT 260083 0 1200 0 0 0 21194 0 16081 0 298558 0 0 0 ADANWIMO OKAFOR GENERAL COUNSEL & CDEIO 230401 0 5000 0 0 0 19354 0 11462 0 266217 0 0 0 BRUCE A PERLER MD VICE-PRESIDENT 252461 0 1200 0 0 0 7610 0 0 0 261271 0 0 0 MARK J HICKEY COO 182017 0 5000 0 0 0 15534 0 26220 0 228771 0 0 0 JESSICA A SCHREADER COS/CAO; BOARD SECRETARY 179313 0 5000 0 0 0 15362 0 21483 0 221158 0 0 0 ANDREW JONES PHD CQRAO 189069 0 5000 0 0 0 15504 0 11537 0 221110 0 0 0 MARY K MACKEY CPA CFO; BOARD TREASURER 168641 0 4375 0 9792 0 14387 0 1146 0 198341 0 0 0 CAROL BARRY MARINI PHD SENIOR PSYCHOMETRICIAN 136648 0 3625 0 0 0 11597 0 17323 0 169193 0 0 0 AMIT RT JOSHI MD EDITOR-IN-CHIEF, SCORE 161338 0 1200 0 0 0 0 0 0 0 162538 0 0 0 PART I, LINE 3 JUNE 30, 2022 THE BOARD APPROVED A SEPARATE COMPENSATION COMMITTEE WHICH WAS IN EFFECT FOR ALL OF FY23 PART I, LINE 7 THE COMPENSATION COMMITTEE, AS PART OF ITS RESPONSIBILITIES IN SETTING EXECUTIVE COMPENSATION, ANNUALLY RECOMMENDS TO THE FULL BOARD, EXECUTIVE BONUSES BASED ON THE ACHIEVEMENT OF ORGANIZATIONAL AND CEO GOALS, RELYING ON A VARIETY OF FACTORS WHILE MAINTAINING THE INTEGRITY OF THE COMPENSATION SETTING PROCESS FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE AMERICAN BOARD OF SURGERY'S MISSION IS TO SERVE PATIENTS, SOCIETY, AND THE SPECIALTY OF SURGERY BY PROVIDING LEADERSHIP IN SURGICAL EDUCATION AND PRACTICE. THE ABS ENSURES EXCELLENCE THROUGH: BUILDING A DIVERSE, EQUITABLE, AND INCLUSIVE CULTURE; RIGOROUS EVALUATION AND ASSESSMENT AND PROMOTING THE HIGHEST STANDARDS FOR PROFESSIONALISM, LIFELONG LEARNING, AND CONTINUOUS CERTIFICATION OF SURGEONS IN PRACTICE. THE ABS WAS FOUNDED IN 1937 TO PROVIDE BOARD CERTIFICATION TO INDIVIDUALS WHO HAVE MET A DEFINED STANDARD OF EDUCATION, TRAINING AND KNOWLEDGE IN THE FIELD OF SURGERY. SURGEONS CERTIFIED BY THE ABS, KNOWN AS DIPLOMATES, HAVE COMPLETED AT LEAST 5 YEARS OF RESIDENCY TRAINING FOLLOWING MEDICAL SCHOOL, MET ALL ABS TRAINING REQUIREMENTS, AND SUCCESSFULLY COMPLETED THE ABS EXAMINATION PROCESS. ONCE CERTIFIED, ABS DIPLOMATES MUST COMPLETE CONTINUING EDUCATION AND ASSESSMENT ACTIVITIES IN A PROCESS NOW KNOWN AS CONTINUOUS CERTIFICATION. BOARD CERTIFICATION BY THE ABS IS A VOLUNTARY PROCESS THAT DEMONSTRATES A SURGEON'S COMMITMENT TO PROFESSIONALISM, LIFELONG LEARNING, AND QUALITY PATIENT CARE. THE ABS OFFERS BOARD CERTIFICATION IN SURGERY (GENERAL SURGERY), VASCULAR SURGERY, PEDIATRIC SURGERY, SURGICAL CRITICAL CARE, COMPLEX GENERAL SURGICAL ONCOLOGY AND HAND SURGERY. SEPARATE FROM CERTIFICATION, ABS ALSO OFFERS VOLUNTARY FOCUSED PRACTICE DESIGNATION IN METABOLIC AND BARIATRIC SURGERY. THE ABS ALSO STRIVES TO IMPROVE THE EDUCATION OF RESIDENTS IN GENERAL SURGERY AND RELATED SPECIALTIES THROUGH THE DEVELOPMENT OF A NATIONAL CURRICULUM (SCORE). SCORE'S PRIMARY FEATURE, THE SCORE PORTAL, DELIVERS EDUCATIONAL CONTENT ALIGNED WITH THE CURRICULUM TO RESIDENTS, FELLOWS AND TRAINING PROGRAMS. MANY ABS EXAMINATIONS, SUCH AS THE ABSITE AND THE GENERAL SURGERY QUALIFYING EXAM, INCLUDE CONTENT THAT IS ALIGNED WITH SCORE'S CURRICULUM IN ORDER TO STREAMLINE THE LEARNING EXPERIENCE. THE SCORE CURRICULUM IS DESIGNED TO DEFINE THE VARIOUS SURGICAL SPECIALTIES AND PROVIDE GREATER ASSURANCE THAT RESIDENTS AND FELLOWSHIP TRAINEES ARE RECEIVING SUFFICIENT TRAINING IN ALL AREAS. IN ADDITION TO THE ORIGINAL SCORE CURRICULUM FOR GENERAL SURGERY, SCORE'S OFFERINGS HAVE GROWN TO INCLUDE CURRICULUMS FOR VASCULAR SURGERY, PEDIATRIC SURGERY AND SURGICAL CRITICAL CARE, WITH A SURGICAL ONCOLOGY CURRICULUM CURRENTLY IN DEVELOPMENT. THE SCORE CURRICULUM FOR GENERAL SURGERY FOCUSES ON THE FIVE YEARS OF PROGRESSIVE EDUCATION AND TRAINING THAT CONSTITUTE GENERAL SURGERY RESIDENCY IN THE U.S., AFTER MEDICAL SCHOOL BUT PRIOR TO INDEPENDENT PRACTICE, AND HAS BEEN DEVELOPED IN ACCORDANCE WITH THE SIX COMPETENCIES EXPECTED OF A GRADUATING RESIDENT: PATIENT CARE; MEDICAL KNOWLEDGE; PROFESSIONALISM; INTERPERSONAL AND COMMUNICATION SKILLS; PRACTICE-BASED LEARNING; AND SYSTEMS-BASED PRACTICE. THE SCORE CURRICULUMS FOR THE OTHER SURGICAL SPECIALTIES INCLUDE TOPICS TO BE COVERED IN THE YEARS OF TRAINING FOLLOWING RESIDENCY. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM PREPARE THE FORM 990. THE FORM IS THEN REVIEWED BY THE ORGANIZATION'S CFO, LEGAL COUNSEL, CAO AND PRESIDENT/CEO AND ANY NEEDED CHANGES OR UPDATES ARE COMMUNICATED BACK TO THE ACCOUNTING FIRM. THE 990 IS REVIEWED IN DETAIL BY THE AUDIT COMMITTEE AND THEN RECOMMENDED FOR APPROVAL BY THE FULL BOARD. ALL BOARD MEMBERS RECEIVE COPIES OF THE FORM 990 BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS ALL DIRECTORS SIGN A DISCLOSURE FORM ANNUALLY ATTESTING TO THE FACT THAT THEY EACH HAVE READ, UNDERSTOOD, AND AGREED TO ABIDE BY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. ALL NEW DIRECTORS WILL BE REQUIRED TO SIGN THE SAME ATTESTATION UPON THEIR JOINING THE BOARD OF DIRECTORS. IN ADDITION, ANY DIRECTOR, OFFICER, EMPLOYEE, MEMBER OR COMMITTEE MEMBER HAVING AN INTEREST IN A CONTRACT OR OTHER TRANSACTION PRESENTED TO THE BOARD OF DIRECTORS OR A COMMITTEE THEREOF FOR AUTHORIZATION, APPROVAL, OR RATIFICATION SHALL GIVE PROMPT, FULL, AND FRANK DISCLOSURE OF HIS OR HER INTEREST TO THE BOARD OR COMMITTEE PRIOR TO ACTING ON SUCH CONTRACT OR TRANSACTION. THE BOARD OR COMMITTEE SHALL GATHER COMPARABILITY DATA REGARDING A POSSIBLE CONFLICT TO MAKE DETERMINATIONS REGARDING THE FAIRNESS AND REASONABLENESS OF THE TRANSACTION. THE INTERESTED PARTY MAY MAKE A PRESENTATION TO THE BOARD OR COMMITTEE CONCERNING THE TRANSACTION OR ARRANGEMENT AND THE INTERESTED PARTY'S INTEREST IN THE TRANSACTION OR ARRANGEMENT. THE BOARD OR COMMITTEE SHALL THEN DISCUSS THE TRANSACTION OR ARRANGEMENT WITHOUT THE INTERESTED PARTY PRESENT, INCLUDING THE DATA GATHERED ABOUT POSSIBLE MORE ADVANTAGEOUS TRANSACTIONS OR ARRANGEMENTS. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE IN CONFORMITY WITH THIS DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 IN JANUARY 2021, THE ABS ENGAGED AN INDEPENDENT COMPENSATION CONSULTANT TO PROVIDE RELEVANT, COMPETITIVE COMPARABLE MARKET COMPENSATION INFORMATION FOR SELECTED EXECUTIVE POSITIONS, INCLUDING THE CEO, VICE-PRESIDENTS, AND GENERAL COUNSEL. THE EXPERT REPORT CONCLUDED THAT ALL EXECUTIVES CURRENT RATES OF TOTAL COMPENSATION ARE REASONABLE. THE COMPENSATION REPORT AND ANALYSIS FOR THE EXECUTIVES WERE REVIEWED AND APPROVED BY THE ABS AUDIT COMMITTEE AND THE BOARD OF DIRECTORS, AS CONFIRMED IN THEIR RESPECTIVE MINUTES AT THAT TIME. IT IS THE POLICY OF THE ABS TO ENGAGE AN INDEPENDENT REVIEW EVERY 2-3 YEARS OR AS CONTRACTS ARE RENEWED; THEREFORE, AN ADDITIONAL, UPDATED REVIEW OF THE CEO COMPENSATION WAS PERFORMED IN APRIL 2022, AS PART OF THE CONTRACT RENEWAL PROCESS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: OTHER COMPONENTS OF NET PERIODIC PENSION COSTS 2,074,720. FORM 990, PART XII, LINE 2C AUDIT COMMITTEE IS TO OVERSEE THE SELECTION OF AUDITORS AND REVIEW OF AUDITED FINANCIAL STATEMENTS