2024-08-02T10:18:46-07:00 2023-10-31 990 2022-11-01 231417504 AMERICAN BOARD OF PEDIATRICS INC AMER 9199290461 111 Silver Cedar Court Chapel Hill NC 27514 Ann Hazinski VP Finance and CFO 9199290461 2024-08-02 1 2022 2024-08-08 14:25:15Z Ann E Hazinski 111 Silver Cedar Court Chapel Hill NC 27514 46639041 0 X www.abp.org X 1933 DE see Schedule O 15 13 129 385 0 0 0 0 36743245 41812471 7689920 4773996 5262 22236 44438427 46608703 752796 857005 0 0 20486808 19200690 0 0 0 13158726 13644797 34398330 33702492 10040097 12906211 171916617 184937736 51675304 45842258 120241313 139095478 X SEE SCHEDULE 0 0 0 3926722 11479215 GENERAL PEDIATRICS INITIAL CERTIFICATION - SEE FULL DESCRIPTION ON SCHEDULE O . 6556256 9732800 SUBSPECIALTY CERTIFICATION - SEE FULL DESCRIPTION ON SCHEDULE O. 10868973 20524054 CONTINUING CERTIFICATION (FORMERLY MAINTENANCE OF CERTIFICATION) - SEE FULL DESCRIPTION ON SCHEDULE O. 1716371 1716371 0 TO FUND RESEARCH AND EDUCATIONAL INITIATIVES IN THE PEDIATRIC FIELD 28807 0 MATCH OF STAFF DONATION TO STAFF SELECTED CHARITY -PROGRAM PROVIDES TECHNOLOGY RESOURCES, TOOLS, TRAINING AND EDUCATIONAL OPPORTUNITIES TO STUDENTS FROM LOW-INCOME FAMILIES. 10776 19285 INTERNATIONAL EXAMINATIONS 121611 21117 AMERICAN BOARD OF PEDIATRICS COLLABORATIONS, LLC 1877565 1716371 40402 23229516 1 0 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 316 0 1 129 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANN E HAZINSKI CFO CPA MBA CGMA 9199290461 111 Silver Cedar Court Chapel Hill NC 27514 JUDY SCHAECHTER MD MBA 2022 PRESIDENT/CEO -THROUGH JUNE 2023 48 1 X X 733078 0 120345 SUZANNE K WOODS MD EXEC VP CREDENTIALING AND INITIAL CERT. 81.5 0.5 X X 593810 0 86307 KEITH J MANN MD VP CONTINUING CERTIFICATION 64 0 X 530622 0 108077 LAUREL K LESLIE MD MPH VP RESEARCH 28 42 X 496370 0 108223 ANN E HAZINSKI MBA CPA VP FINANCE AND CFO 62.5 3.5 X X 439064 0 121535 DAVID A TURNER MD VP COMPETENCY-BASED ASSESSMENT PROGRAMS 62 2 X 397275 0 119345 LINDA A ALTHOUSE PHD VP ASSESSMENT 55.75 0.25 X 349160 0 105532 DONGMING ZHANG MS MLS VP IT AND INFORMATICS 65 0 X 290736 0 106994 MICHELE WALL MA DIRECTOR FACILITIES AND CONTRACTS, PRIVACY MANAGEMENT 53.75 1.25 X 291121 0 105458 HONG SONG DIRECTOR IT APP DEV, SYSTEM INTEGRATION & INFORMATICS 68 0 X 176231 0 85077 ANDREW DWYER DIRECTOR PSYCHOMETRICS 57 0 X 175738 0 73722 W ALLEN GUBERT DIRECTOR IT ENTERPRISE INFRASTRUCTURE SYSTEMS & OPERATIONS 52 0 X 170674 0 72183 ERIC KUTHE DIRECTOR, FINANCIAL PLANNING & ANALYSIS 50.25 1.75 X 167100 0 71396 DAVID G NICHOLS MD MBA FORMER PRESIDENT AND CEO 0 0 X 174875 0 37 SANDRA W GAINEY FORMER VP HUMAN RESOURCES AND TEAM ALIGNMENT 0 0 X 166323 0 18 STEPHANIE D DAVIS MD 2022 CHAIR & 2023 IMMEDIATE PAST CHAIR 2.5 0.5 X X 10050 0 0 PRIYANKA KAUL MD 2022 & 2023 DIRECTOR 2.5 0 X 6000 0 0 RICARDO A QUINONEZ MD 2022 & 2023 DIRECTOR 2.50 0 X 6000 0 0 DeWAYNE M PURSLEY MD 2022 CHAIR ELECT & 2023 CHAIR 2 0.50 X 5400 0 0 H STACY NICHOLSON MD 2022 IMMEDIATE PAST CHAIR 2.50 0 X 4860 0 0 LaTOSHIA T ROUSE 2022 & 2023 PUBLIC MEMBER 2.5 0 X 4200 0 0 MARY K BISSELL 2022 & 2023 PUBLIC MEMBER 2.50 0 X 3000 0 0 ERIC C EICHENWARD MD 2022 & 2023 DIRECTOR, SUBBOARD REP 2.5 0 X 3000 0 0 ROBIN H STEINHORN MD 2022 DIRECTOR 2.5 0 X 3000 0 0 PAMELA J SIMMS-MACKEY MD 2022 DIRECTOR & 2023 SECRETARY-TREASURER 2.5 0 X 2850 0 0 JOHN A BARNARD MD 2022 SECRETARY-TREASURER & 2023 INTERIM PRESIDENT & CEO 2.50 0 X X 2700 0 0 YOUSEF Y TURSHANI 2022 & 2023 DIRECTOR 2.5 0 X 2700 0 0 BRAD C WESELMAN MD 2023 DIRECTOR 2.5 0 X 1500 0 0 TERRY L NOAH MD 2023 DIRECTOR, SUBBOARD REP 2.5 0 X 0 0 0 ROBERT J VINCI MD 2023 DIRECTOR 2.5 0 X 0 0 0 5207437 0 1284249 58 1 1 0 Prometric Inc PO Box 223608 Pittsburge PA 15251 EXAM TESTING SERVICES 1643446 Eliassen Group LLC 55 Walkers Brook Dr 6th Floor Reading MA 01867 SOFTWARE DEVELOPMENT 1805096 Matrix Resources PO Box 101177 Atlanta GA 30392 SOFTWARE DEVLOPMENT 268472 Hays US Corporation PO Box 117036 Atlanta GA 303687036 SOFTWARE DEVELOPMENT 293882 VSS LLC 382 Galleria Parkway Suite 400 Madison MS 39110 SOFTWARE SERVICES 292744 20 0 General Pediatrics Exam 900099 11479215 11479215 0 0 Subspeciality Certification 900099 9732800 9732800 0 0 Continuing Certification 900099 20524054 20524054 0 0 International Certification 900099 19285 19285 0 0 57117 57117 0 0 41812471 4692238 4692238 0 0 0 0 0 0 0 0 0 0 0 0 75322 36774 29984 354 45338 36420 81758 81758 0 0 22236 22236 0 0 22236 46608703 46608703 0 0 857005 857005 5502385 3072722 2429663 0 9465649 6796053 2669596 0 1158093 741062 417031 0 2152667 1377488 775179 0 921896 589920 331976 0 258371 134194 124177 0 50121 0 50121 0 97284 0 97284 0 2305046 1224271 1080775 0 136781 79024 57757 0 2750633 1689070 1061563 0 458542 106785 351757 0 677786 419888 257898 0 116569 77231 39338 0 2977555 2456925 520630 0 188804 0 188804 0 ABMS Dues 880757 861443 19314 0 Exam and ADA Fees 1864852 1864759 93 0 Credit Card Fees 881696 881676 20 0 33702492 23229516 10472976 0 300 300 16960456 20779666 172266 238276 463317 608980 17650524 9943721 8163700 7706803 130553420 137722152 15603158 17881559 171916617 184937736 4018027 4260366 45748587 39791011 1908690 1790881 51675304 45842258 X 120241313 139095478 0 0 120241313 139095478 171916617 184937736 X 12906211 3421267 0 0 0 2526687 X 0 1 X 1 0 X 33453573 34881890 34371716 36743245 41812471 181262895 33453573 34881890 34371716 36743245 41812471 181262895 181262895 2711001 2661864 2733249 3791962 4692238 16590314 2711001 2661864 2733249 3791962 4692238 16590314 36164574 37543754 37104965 40535207 46504709 197853209 0.91615 0.92022 0.08385 0.07978 X 0 0 0 33702492 33702492 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 1483 1479 0 0 2962 250000 250000 250000 250000 1000000 1500000 886 882 0 0 1768 0 2130492 2130492 0 10266922 5421232 4845690 0 390279 313260 77019 0 4862831 4209229 653602 0 0 0 0 7706803 Deferred Pension 10305715 Intelellectual Property 7575844 17881559 Deferrred Compensation 1790881 1790881 X 49932686 3421267 0 0 0 3421267 46511419 97284 0 97284 46608703 33605208 0 0 0 0 0 33605208 97284 0 97284 33702492 Schedule D, Part X, Line 2 ABP recognizes the tax benefit from a tax position only if it is more likely than not the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. The ABP has analyzed its tax position and does not anticipate any adjustments that would result in a material adverse effect on the ABP's financial condition, results of operations or cash flows. Accordingly, the ABP has not recorded any tax assets or liabilities, or related accruals for interest and penalties for uncertain tax positions for the years ended October 31, 2023, and 2022. Middle East and North Africa 0 0 Program Services 0 0 0 0 0 0 0 0 0 0 Schedule F, Part I, Line 3 Registration fee received from International Pediatric Programs for online In-Training exams exceeded $10,000 for the year 1 American Board of Pediatrics Foundation Inc 111 Silver Cedar Court Chapel Hill NC 27514 561520520 501(c)(3) 828198 0 N/A N/A To fund research and educational initiatives in the pediatric field. Kramden Institute Inc 5010 NC Hwy 55 Durham NC 27713 743108814 501(c)(3) 28807 0 FMV To providing funding for technology tools and educational programs aimed at assisting low-income members of the community. 2 0 Schedule I, Part I, Line 2 A grant was given to the American Board of Pediatrics Foundation (ABPF), a supporting organization of the ABP. The ABP Executive Committee also serves as the Executive Committee for the ABPF. In that role, they monitor the financial activity and use of grants given to the ABPF. X X 0 1 0 0 0 0 0 0 0 LINDA A ALTHOUSE PHD VP PSYCHOMETRICS & TESTING SERVICES 328426 0 2722 0 18012 0 84402 0 21130 0 454692 0 SANDRA W GAINEY VP HUMAN RESOURCES AND TEAM ALIGNMENT 57993 0 0 0 108330 0 0 0 18 0 166341 0 ANN E HAZINSKI MBA CPA VP FINANCE AND CFO 423099 0 3319 0 13646 0 84402 0 37133 0 561599 0 LAUREL K LESLIE MD MPH VP RESEARCH 458251 0 2987 0 35132 0 84402 0 23821 0 604593 0 KEITH J MANN MD VP CONTINUING CERTIFICATION 513105 0 2788 0 14729 0 84402 0 23675 0 638699 0 DAVID G NICHOLS MD MBA PRESIDENT AND CEO 14799 0 0 0 160076 0 0 0 37 0 174912 0 JUDY SCHAECHTER MD MBA 2021 PRESIDENT ELECT & 2022 PRESDIENT/CEO 720000 0 0 0 13078 0 84402 0 35943 0 853423 0 DAVID A TURNER MD VP COMPETENCY-BASED ASSESSMENT PROGRAMS 386213 0 0 0 11062 0 84402 0 34943 0 516620 0 MICHELE WALL MA VP OPERATIONS AND COO 273515 0 2456 0 15150 0 78255 0 27203 0 396579 0 SUZANNE K WOODS MD EXEC VP CREDENTIALING AND INITIAL CERT. 559308 0 2655 0 31847 0 84402 0 1905 0 680117 0 DONGMING ZHANG MS MLS VP IT AND INFORMATICS 275418 0 1991 0 13327 0 78000 0 28994 0 397730 0 ANDREW DWYER DIRECTOR PSYCHOMETRICS 179250 0 4222 0 -7734 0 51285 0 22437 0 249460 0 W ALLEN GUBERT DIRECTOR IT ENTERPRISE INFRASTRUCTURE SYSTEMS & OPERATIONS 169823 0 4155 0 -3304 0 48588 0 23595 0 242857 0 HONG SONG DIRECTOR IT APP DEV, SYSTEM INTEGRATION & INFORMATICS 178939 0 4288 0 -6996 0 51196 0 33881 0 261308 0 ERIC KUTHE DIRECTOR, FINANCIAL PLANNING & ANALYSIS 169081 0 4221 0 -6202 0 48376 0 23020 0 238496 0 Schedule J, Part I, Line 4 Certain members of senior management receive as part of their compensation, a taxable supplemental non-qualified retirement plan. Benefits provided in the current tax year were as follows: Laurel K. Leslie MD, VP of Research $18,468; Suzanne K Woods MD, Exec VP Credentialing and Initial Certification $9,704. Form 990, Part I, Line 1 Advancing child health by certifying pediatricians who meet standards of excellence and are committed to continuous learning and improvement. Form 990, Part III, Line 1 The American Board of Pediatrics (ABP) certifies general pediatricians and pediatric subspecialists based on standards of excellence that lead to high quality health care for infants, children, and adolescents. ABP certification provides assurance to the public that a general pediatrician or pediatric subspecialist has successfully completed accredited training and fulfills the continuous evaluation requirements that encompass the six core competencies: patient care, medical knowledge, practice-based learning and improvement, interpersonal and communication skills, professionalism, and systems-based practice. The ABP's quest for excellence is evident in its rigorous evaluation process and in new initiatives undertaken that not only continually improve the standards of its certification but also advance the science, education, study, and practice of pediatrics. Form 990, Part III, Line 4a Initial certification in general pediatrics; board certification is a voluntary process that goes above and beyond state licensing requirements for practicing medicine. It is an ongoing commitment by a physician to continually update their knowledge in a medical specialty, like pediatrics. Since it began certifying pediatricians in 1933 through December 31, 2023, the ABP has certified 141,312 pediatricians in both general and subspecialty pediatrics. Of the 4,434 physicians who took the general pediatrics certification exam in October 2023 ,75% percent passed. To become certified, a physician must complete an accredited residency training program in pediatrics. The director of that training program must verify that the physician is competent in all areas of practice, and then the physician can take the initial certifying exam. In addition, before a physician can take the initial certifying examination he/she must also hold a valid, unrestricted license to practice medicine. Once they have passed the initial examination, they are certified by the ABP. (See 4c below for how certification is maintained.) Form 990, Part III, Line 4b Initial Certification in pediatric subspecialties: After residency, some pediatricians also go on to complete further accredited training in pediatric subspecialty fellowship programs. In addition to developing clinical expertise in their chosen subspecialty, these subspecialists participate in core curriculum in scholarly activities and provide a scholarly work product that meets the ABP requirements in order to be eligible for the initial certification in their field. The fellowship training director must verify that the physician is competent in all areas of practice within the subspecialty and has met the requirements for professionalism including maintaining a valid unrestricted medical license before the diplomate is allowed to take the initial certifying examination. Once they have passed the initial examination, they are certified as a subspecialist by the ABP. The ABP offers certification in these 15 subspecialties: Adolescent Medicine; Cardiology; Child Abuse Pediatrics; Critical Care Medicine, Developmental-Behavioral Pediatrics; Emergency Medicine; Endocrinology; Gastroenterology; Hematology-Oncology; Hospital-Medicine; Infectious Diseases; Neonatal-Perinatal Medicine; Nephrology; Pulmonology; and Rheumatology. Certification are awarded in conjunction with other specialty boards in the areas of: Hospice and Palliative Medicine; Medical Toxicology; Pediatric Transplant Hepatology; Sleep Medicine; and Sports Medicine. The number of physicians taking the exams varies, depending on the subspecialty. Of the 1,544 physicians who took the subspecialty examinations in fiscal year 2023, 84.9% percent passed. Form 990, Part III, Line 4c Continuing Certification: After their initial certification, pediatricians are enrolled in the Continuing Certification Program (formerly Maintenance of Certification (MOC) Program) which consists of four parts: 1) Professionalism 2) Life-Long Learning and Assessment, 3) Assessment of Knowledge, Judgement and Skills 4) Practice-Based Learning and Improvement. Diplomates of the American Board of Pediatrics must hold an unrestricted medical license to maintain certification. Continuing Certification requires that pediatricians take regular examinations to assess their knowledge and medical judgement. Quality Improvement (QI) activities for Continuing Certification are designed to encourage pediatricians to assess the quality of their care and adopt more efficient and effective ways to care for children. In fiscal year 2023, over 7,364 external activities were approved for Continuing Certification Credit, including the renewal and/or approval of 5 new lifelong learning and self-assessment modules,3 new online performance improvement modules (PIMS), 158 QI projects from large teams (more than 10 physicians), and 509 Small Group QI projects (10 or fewer physicians. Additionally, there were 1,128 COVID-19 projects approved for Part IV Continuing Certification Credit. Form 990, Part VI, Section B, Line 11b The Assistant Controller prepares the Form 990, and both the Controller and CFO perform a detail review of the completed return. The return is then reviewed by outside tax counsel for compliance. After this review and prior to filing, a complete copy of the Form 990 is emailed to the Board of Directors. The Board of Directors are asked to review the form and to forward any comments, questions, or concerns to the CFO so that they can be addressed prior to filing the return. The final filed copy of the return is uploaded to a secure web portal where the full board and finance committee members can view the return. Form 990, Part VI, Section B, Line 12c The American Board of Pediatrics has a Conflict-of-Interest Policy covering its directors, committee appointees, officers and key employees who must review the policy annually and disclose any potential conflict of interest (COI)via a signed form. The ABP internal COI staff and the Board Conflict of Interest Committee reviews and manages all conflict-of-interest issues. Conflicts of appointees and employees attending meetings are disclosed in the meeting agenda materials and those with conflicts do not participate in the voting on any issue where they may have a conflict of interest. The ABP also maintains a conflict-of-interest policy covering employees, who are required to disclose any actual or perceived conflicts of interest on an annual basis via a signed statement. The Director of Human Resources and the President review these statements. Employees are recused from any decision-making issues where a conflict may exist. Form 990, Part VI, Section B, Line 15 In 1988, the ABP began engaging an independent compensation and benefits consulting firm to assist in determining annual compensation for all ABP staff, including the President. The compensation strategy designed for the ABP emphasizes pay for performance and is based upon the systematic slotting of each ABP staff position on a grade scale. Pay for each grade is then determined by comparing each of the positions to a comparable position in the appropriate marketplace i.e., local, regional, or national depending on the job's responsibilities and its hierarchy within the organization. A range is created around each job grade and performance dictates how quickly staff advance through each grade. The full board of directors reviews the President's performance and provides written feedback to the consultant. The consultant makes a formal presentation to the Executive Committee each year, during which the compensation strategy, benchmarks, and salary recommendations are discussed. Following that presentation, the consultant meets with the executive committee in a closed session, without staff present, to discuss the results of the President's performance review, the salary benchmarks for the ABP President and physician Vice Presidents along with his recommendations for salary adjustments for these positions. The committee determines whether to approve the proposed changes. These decisions are recorded in the minutes of the meeting, which are then forwarded to the CFO for implementation. Form 990, Part VI, Section C, Line 19 These documents are made available upon written request as deemed appropriate. Form 990, Part XI, Line 9 Minimum post retirement benefits adjustment $2,415,225, Loss on Investment in Affiliate $111,462 American Board of Pediatrics Collaborations LLC 111 Silver Cedar Court Chapel Hill NC 27514 811389309 Advance healthcare for children NC 21117 138925 American Board of Pediatrics Inc AMERICAN BOARD OF PEDIATRIC FOUNDATION INC 111 SILVER CEDAR COURT CHAPEL HILL NC 27514 561520520 SUPPORTING ORGANIZATION NC 501(C) 3 SUPPORTING ORG FILER 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 AMERICAN BOARD OF PEDIATRIC FOUNDATION INC b 828198 Cash Transfer AMERICAN BOARD OF PEDIATRIC FOUNDATION INC i 807430 Allocated Salary and Benefits AMERICAN BOARD OF PEDIATRIC FOUNDATION INC m 80743 Allocated share of occupancy cost based on percentage of staff time AMERICAN BOARD OF PEDIATRIC FOUNDATION INC p 55525 Cash receivables for expenses AMERICAN BOARD OF PEDIATRIC FOUNDATION INC q 419533 Cash payments for expenses Additional time is needed to gather the necessary information to file a complete and accurate return