2021-06-14T13:22:27-07:00 2020-10-31 990 2019-11-01 231417504 AMERICAN BOARD OF PEDIATRICS INC AMER 9199290461 111 Silver Cedar Court Chapel Hill NC 27514 Ann Hazinski VP and CFO 9199290461 2021-06-14 2019 2022-09-23 18:48:47Z Ann Hazinski 111 Silver Cedar Court Chapel Hill NC 27514 64244828 0 X www.abp.org X 1933 DE see Schedule O 15 13 122 350 0 0 0 0 33453573 34881890 4118027 8367721 8221 3452 37579821 43253063 1974399 1816736 0 0 19822851 20385385 0 0 0 11898837 13206436 33696087 35408557 3883734 7844506 145090142 147743791 55604101 51332524 89486041 96411267 X SEE SCHEDULE 0 0 0 4442040 0 9685380 GENERAL PEDIATRICS INITIAL CERTIFICATION - SEE FULL DESCRIPTION ON SCHEDULE O . 7182321 0 7992120 SUBSPECIALTY CERTIFICATION - SEE FULL DESCRIPTION ON SCHEDULE O. 10578486 0 17074865 CONTINUING CERTIFICATION (FORMERLY MAINTENANCE OF CERTIFICATION) - SEE FULL DESCRIPTION ON SCHEDULE O. 2498579 2498579 0 TO FUND RESEARCH AND EDUCATIONAL INITIATIVES IN THE PEDIATRIC FIELD 48393 48393 0 MATCH OF STAFF DONATION TO STAFF SELECTED CHARITY -PROGRAM TO PROVIDE SUPPORT AND ASSISTANCE TO LOW INCOME FAMILIES 40136 0 72685 INTERNATIONAL EXAMINATIONS 264676 0 0 AMERICAN BOARD OF PEDIATRICS COLLABORATIONS, LLC 2851784 2546972 72685 25054631 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 1 298 0 1 122 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 DAVID G NICHOLS MD MBA PRESIDENT AND CEO 59 1 X X 835122 0 89367 SUSAN K WOODS MD EXEC VP CREDENTIALING AND INITIAL CERT. 55 1 X X 470371 0 63945 KEITH J MANN MD VP CONTINUING CERTIFICATION 51 1 X 452680 0 80036 CAROL A CARRACCIO MD MA VP COMPETENCY-BASED ASSESSMENT PROGRAMS 51 2 X 463935 0 64823 ANN E HAZINSKI MBA CPA VP FINANCE AND CFO 51 3 X 403365 0 98312 LAUREL K LESLIE MD MPH VP RESEARCH 26 29 X 409336 0 85773 LINDA A ALTHOUSE PHD VP PSYCHOMETRICS & TESTING SERVICES 51 1 X 319266 0 82047 MICHELE WALL MA VP OPERATIONS AND COO 42 3 X 278865 0 84478 DONGMING ZHANG MS MLS VP IT AND INFORMATICS 56 0 X 267210 0 71356 SANDRA W GAINEY VP HUMAN RESOURCES AND TEAM ALIGNMENT 47 0 X 181023 0 59026 HONG SONG DIRECTOR IT APP DEV, SYSTEM INTEGRATION & INFORMATICS 50 0 X 152486 0 69265 ANDREW DWYER DIRECTOR PSYCHOMETRICS 50 0 X 153222 0 58324 W ALLEN GUBERT DIRECTOR IT ENTERPRISE INFRASTRUCTURE SYSTEMS & OPERATIONS 50 0 X 155823 0 48114 JEFF BOENIG IT MANAGER/INTEGRATION ARCHITECT 50 0 X 133361 0 58248 ERIC KUTHE DIRECTOR, FINANCIAL PLANNING & ANALYSIS 40 0 X 136819 0 52561 GAIL A MCGUINNESS MD PAST EVP CREDENTIALLING & EXAM ADMIN & CONSULTANT 0 0 X 177198 0 0 VIRGINIA A MOYER-TUCKER MD MPH PAST VP MOC AND QUALITY & CONSULTANT 0 0 X 71928 0 0 JAMES A STOCKMAN III MD PAST PRESIDENT & CONSULTANT 10 0 X 70000 0 0 VICTORIA F NORWOOD MD CHAIR-ELECT & CHAIR 3.5 0.5 X X 9450 2520 0 ANN E BURKE MD IMMEDIATE PAST CHAIR 2.5 0.5 X X 9100 2800 0 H STACY NICHOLSON MD SECRETARY-TREASURER & CHAIR-ELECT 2.75 0.75 X X 7560 2520 0 JAMES F CHMIEL MD DIRECTOR, SUBBOARD REP 2.5 0 X 9100 0 0 DeWAYNE M PURSLEY MD DIRECTOR 2.5 0 X 8400 0 0 RICARDO A QUINONEZ MD DIRECTOR 2.50 0 X 8400 0 0 JOHN A BARNARD MD DIRECTOR 2.5 0 X 7000 0 0 RUTLEDGE Q HUTSON PUBLIC MEMBER 2.5 0 X 6300 0 0 DIANE M PICKLES PUBLIC MEMBER 2.5 0 X 5670 0 0 STEPHANIE D DAVIS MD DIRECTOR & SECRETARY-TREASURER 2.5 0 X X 2940 0 0 BRAD C WESELMAN MD DIRECTOR 2.5 0 X 1764 0 0 PAMELA J SIMMS-MACKEY MD DIRECTOR 2.5 0.5 X 600 0 0 ANNA R KUO MD CHAIR & IMMEDIATE PAST CHAIR 5.0 0 X X 0 0 0 ROBIN H STEINHORN MD DIRECTOR 2.5 0 X 0 0 0 MARY K BISSELL PUBLIC MEMBER 2.50 0 X 0 0 0 DAVID A TURNER MD VP COMPETENCY-BASED ASSESSMENT PROGRAMS 32 1 X 0 0 0 5208294 7840 1065675 16 1 1 0 Prometric Inc PO Box 223608 Pittsburge PA 15251 EXAM TESTING SERVICES 1550156 Robert Half Technology 12400 Collections Center Dr Chicago IL 60693 SOFTWARE DEVELOPMENT 714414 Eliassen Group LLC 55 Walkers Brook Dr 6th Floor Reading MA 01867 SOFTWARE DEVELOPMENT 622403 Matrix Resources PO Box 101177 Atlanta GA 30392 SOFTWARE DEVLOPMENT 541838 Hays US Corporation PO Box 117036 Atlanta GA 303687036 SOFTWARE DEVELOPMENT 555293 17 0 General Pediatrics Exam 900099 9685380 9685380 0 0 Continuing Certification 900099 17074865 17074865 0 0 Subspecialty Certification 900099 7992120 7992120 0 0 International Certification 900099 72685 72685 0 0 56840 56840 0 0 34881890 2661864 2661864 0 0 0 0 0 0 0 0 0 0 0 0 26686724 10898 20991278 487 5695446 10411 5705857 5705857 0 0 3452 3452 0 0 3452 43253063 43253063 0 0 1816736 1816736 4911576 2891997 2019579 8228268 5843972 2384296 3576318 2320603 1255715 2796961 1780387 1016574 872262 565994 306268 98062 72578 25484 45440 45440 71185 71185 2153646 994377 1159269 124487 35170 89317 3203510 2244910 958600 398139 90314 307825 303231 274296 28935 19010 10748 8262 3234674 2694213 540461 111399 111399 ABMS Dues 798962 798962 0 0 Exam and ADA Fees 1756502 1756502 0 0 Credit Card Processing 815484 815484 0 0 Miscellaneous 72705 47388 25317 0 35408557 25054631 10353926 0 313 313 4951855 3997982 278423 66787 401079 413350 18241462 9631565 8875242 8609897 121259540 126483450 9323690 8172012 145090142 147743791 4208998 3565219 37141578 36210738 14253525 11556567 55604101 51332524 X 89486041 96411267 0 0 89486041 96411267 145090142 147743791 X 7844506 909078 0 0 -49647 -1778711 X 0 1 X 1 0 X 29294869 31611170 30656036 33453573 34881890 159897538 9 9 29294878 31611170 30656036 33453573 34881890 159897547 159897547 1978140 2495190 2849321 2711001 2661864 12695516 1978140 2495190 2849321 2711001 2661864 12695516 31273018 34106360 33505357 36164574 37543754 172593063 0.92644 0.92277 0.07356 0.07723 X 886 597 1483 35407074 35408557 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 4287 3599 1449 1483 10818 250000 250000 250000 250000 1000000 1500000 0 2420 891 886 4197 0 2130492 2130492 0 10241633 4659176 5582457 0 358097 271394 86703 0 5511240 4700995 810245 0 0 0 0 8609897 Intellectual Property 8172012 8172012 0 Deferred Compensation 1703553 Deferred Pension 9853014 11556567 X 43927320 909078 0 0 0 909078 43018242 71186 163635 234821 43253063 35337371 0 0 0 0 0 35337371 71186 0 71186 35408557 Schedule D, Part X, Line 2 Effective August 7, 2015, the ABP is an exempt organization under Section 501(c)(3) of the Internal Revenue Code and is classified as other than a private foundation. Prior to this change, the ABP was recognized by the Internal Revenue Code as an exempt organization under Section 501(c)(6). 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, 2020 and 2019. Schedule D, Part XI, Line 4b In March 2020, in response to COVID lockdown and stay-at-home orders, the ABP Board of Directors cancelled all in person meetings for the remainder of the fiscal year. The ABP plans for and contracts with conference centers for its board meetings two years in advance of the scheduled meeting. These contracts include guaranteed minimum revenue and charge for cancellations within specified time periods. The cancellation charge is equal to a percentage of the guaranteed revenue. For the year ending October 31, 2020, the ABP incurred cancellation charges from these contracts of $163,635, which are included in the audited Statement of Activities and Changes in Net Assets as Loss on Contracts. Central America and the Caribbean 0 0 Program Services 0 East Asia and the Pacific 0 0 Program Services 0 Europe (including Iceland and Greenland) 0 0 Program Services 0 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 fees received from International Pediatric Programs for online In-Training exams exceed $10,000 for the year 1 American Board of Pediatrics Foundation Inc 111 Silver Cedar Court Chapel Hill NC 27514 561520520 501(c)(3) 1768343 0 n/a n/a To fund research and educational initiatives in the pediatric field Comfort Zone Camp 6606 West Broad Strett Suite 401 Richmond VA 23230 541916517 501(c)(3) 48393 0 n/a n/a The ABP matches staff donations to a sponsored charity each year. Comfort Zone provides grieving children with a voice, a place and a community in which to heal, grow and lead more fulfilling lives. 2 0 Schedule I, Part I, Line 2 During Fiscal Year 2020, the ABP gave 2 grants. One grant was given to American Board of Pediatrics Foundation (ABPF), a supporting organization of the ABP. The ABP Executive Committee also serves as the Executive Committee for ABPF. In that role, the monitor the financial activity and use of grants given to the ABPF. Another grant was given to the non-profit organization Comfort Zone Camp, as a match to staff donations. Before selecting the charity, the ABP reviews program activity, program needs and spending as reported on the organization's form 990. The ABP communicates with the charity throughout the year. X X 0 1 0 0 0 0 0 0 0 LINDA A ALTHOUSE PHD VP PSYCHOMETRICS & ASSESSMENT SERVICES 294643 0 2978 0 21645 0 62076 0 19971 0 401313 0 0 0 SANDRA W GAINEY VP HUMAN RESOURCES AND TEAM ALIGNMENT 158799 0 3129 0 19095 0 35206 0 23820 0 240049 0 0 0 ANN E HAZINSKI MBA CPA VP FINANCE AND CFO 371839 0 14095 0 17430 0 62076 0 36236 0 501676 0 0 0 CAROL A CARRACCIO MD MA VP COMPETENCY-BASED ASSESSMENT PROGRAMS 430922 0 2926 0 30087 0 62076 0 2747 0 528758 0 0 0 LAUREL K LESLIE MD MPH VP RESEARCH 386318 0 2873 0 20144 0 62076 0 23697 0 495108 0 0 0 KEITH J MANN MD VP CONTINUING CERTIFICATION 440000 0 0 0 12679 0 62076 0 17960 0 532715 0 0 0 GAIL A MCGUINNESS MD PAST EVP CREDENTIALLING & EXAM ADMIN & CONSULTANT 0 0 0 0 177198 0 0 0 0 0 177198 0 0 0 DAVID G NICHOLS MD MBA PRESIDENT AND CEO 733945 0 3155 0 98021 0 62076 0 27291 0 924488 0 0 0 VIRGINIA A MOYER-TUCKER MD MPH PAST VP MOC AND QUALITY & CONSULTANT 1752 0 0 0 70175 0 0 0 0 0 71927 0 0 0 JAMES A STOCKMAN III MD PAST PRESIDENT & CONSULTANT 70000 0 0 0 0 0 0 0 0 0 70000 0 0 0 MICHELE WALL MA VP OPERATIONS AND COO 258921 0 2926 0 17018 0 57403 0 27075 0 363343 0 0 0 SUSAN K WOODS MD EXEC VP CREDENTIALING AND INITIAL CERT. 450543 0 0 0 19828 0 62076 0 1869 0 534316 0 0 0 DONGMING ZHANG MS MLS VP IT AND INFORMATICS 245462 0 2525 0 19222 0 54419 0 16937 0 338565 0 0 0 JEFF BOENIG IT MANAGER/INTEGRATION ARCHITECT 132999 0 2375 0 -2013 0 29486 0 28246 0 191093 0 0 0 ANDREW DWYER DIRECTOR PSYCHOMETRICS 161356 0 2473 0 -10607 0 35773 0 22551 0 211546 0 0 0 W ALLEN GUBERT DIRECTOR IT ENTERPRISE INFRASTRUCTURE SYSTEMS & OPERATIONS 154027 0 2571 0 -775 0 34148 0 13966 0 203937 0 0 0 ERIC KUTHE DIRECTOR, FINANCIAL PLANNING & ANALYSIS 145794 0 0 0 -8975 0 32323 0 20238 0 189380 0 0 0 HONG SONG DIRECTOR IT APP DEV, SYSTEM INTEGRATION & INFORMATICS 157625 0 2624 0 -7763 0 34945 0 34320 0 221751 0 0 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: Carol Carraccio Lentz, MD, VP Competency-Based Assessment Program $3,675 and David G Nichols, MD President $62,232 and Virginia Moyer Tucker MD, VP MOC and Quality $13,866. 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, 2019, the ABP has certified 128,544 pediatricians. Of the 3,833 physicians who took the general pediatrics certification exam in October 2020 ,81.7% 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 a minimum of twelve months of medical research. 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; Medial Toxicology; Pediatric Transplant Hepatology; Sleep Medicine; and Sports Medicine. The number of physicians taking the exams varies, depending on the subspecialty. Pass rates for those taking the exam for the first time was 84.6% in 2020. 1,851 applied for subspecialty examinations in fiscal year 2020 with 1,353 passing the exam and becoming certified in a subspecialty. 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 2020, over 2900 external activities were approved for Continuing Certification Credit, including the renewal and/or approval of 7 new lifelong learning and self-assessment modules, 10 new online performance improvement modules (PIMS), 202 QI projects from large teams (more than 10 physicians), and 661 Small Group QI projects (10 or fewer physicians). In addition, and in response to the global pandemic, 387 COVID-19 projects were approved for Part IV Continuing Certification Credit. Form 990, Part VI, Section B, Line 11b The Controller prepares the Form 990 and the CFO performs 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 sent to the Board of Directors. The Board of Directors is 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 CFO reviews the return with the Finance Committee during the Board meeting. The Board is also given an opportunity to ask questions or provide feedback during the full board meeting. Both the Finance Committee and Board of Directors are e-mailed a final filing copy prior to submission. 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 and potential conflict of interest via a signed form. The ABP Conflict of Interest Committee reviews and monitors 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. These statements are reviewed by the VP for Human Resources and the President. Employees are removed 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 Adjustment of $1,615,076 and Loss on Contract $163,635 American Board of Pediatrics Collaborations LLC 111 Silver Cedar Court Chapel Hill NC 27514 811389309 Advance healthcare for children NC 16869 259997 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 1786343 Cash Transfer AMERICAN BOARD OF PEDIATRIC FOUNDATION INC l 663851 Allocated Salary and Benefits AMERICAN BOARD OF PEDIATRIC FOUNDATION INC m 66385 Allocated share of occupancy costs based on a percentage of staff time AMERICAN BOARD OF PEDIATRIC FOUNDATION INC p 69014 Cash Receivables for Expenses AMERICAN BOARD OF PEDIATRIC FOUNDATION INC q 29337 Cash payments for Expenses Additional Time was needed to gather the information necessary to file a complete and accurate return.