2019-10-23T09:46:04-05:00 2018-12-31 GRANT THORNTON LLP 171 N CLARK ST SUITE 200 CHICAGO IL 60601 990 2018-01-01 237304902 AMERICAN BOARD OF MEDICAL SPECIALTIES RESEARCH AND EDUCATION FOUNDATION % LAURA SKARNULIS AMER 3124362600 353 NORTH CLARK STREET Suite 1400 CHICAGO IL 60654 RICHARD E HAWKINS MD President & CEO 3124362600 2019-08-23 true Bridget T Roche P00666837 3128560200 38.84.128.194 36941220192965000002 2019-10-23 P 4C37E7DCE59A84D6F0E42E1FDB3E8687F377D6D7 E0E78B7ACA4F7EFC8C1E80083E3CE4D21A008E1D 2018 2019-02-21 02:37:17Z RICHARD E HAWKINS MD 353 NORTH CLARK STREET CHICAGO IL 60654 752093 false X N/A X 1973 IL SUPPORT THE SCIENTIFIC, SCHOLARLY AND EDUCATION PURPOSES OF THE AMERICAN BOARD OF MEDICAL SPECIALTIES. 12 9 4 9 0 0 712279 640200 191870 111184 0 709 0 0 904149 752093 75000 87500 0 0 440761 507152 0 0 0 233230 271261 748991 865913 155158 -113820 306011 217429 686298 711536 -380287 -494107 X SEE SCHEDULE O false false 88149 0 111184 ABMS-REF SUPPORTS A COLLABORATIVE PROJECT TO DEVELOP VIRTUAL PATIENT CASES THAT FOCUS ON OLDER ADULTS WITH THE GOAL OF HELPING CLINICIANS ACROSS MULTIPLE SPECIALTIES INCREASE THEIR KNOWLEDGE AND COMPETENCE IN THE DELIVERY OF QUALITY CARE TO AGING ADULTS. 123337 87500 ABMS-REF IS RESPONSIBLE FOR THE ABMS VISITING SCHOLARS PROGRAM, A LEADERSHIP DEVELOPMENT PROGRAM FOR EARLY CAREER PHYSICIANS and others with relevant health care research-related degrees. SCHOLARS ARE INTRODUCED TO THE FIELDS OF PHYSICIAN PROFESSIONAL ASSESSMENT AND CONTINUING PROFESSIONAL DEVELOPMENT, QUALITY IMPROVEMENT, HEALTH CARE POLICY AND REGULATION, AND HEALTH SERVICES RESEARCH. SCHOLARS CONDUCT RESEARCH IN COLLABORATION WITH MENTORS FROM THEIR INSTITUTIONs, ABMS, AND ABMS MEMBER BOARDS. THROUGH THE RESEARCH AND PROGRAM ENGAGEMENT, SCHOLARS HELP INFORM THE STUDY OF CONTINUING PROFESSIONAL DEVELOPMENT, PHYSICIAN assessment, SELF-REGULATION AND QUALITY IMPROVEMENT. 60359 0 0 ABMS-REF DEVELOPS, DEPLOYS, MAINTAINS AND IMPROVES AN ONLINE REPOSITORY OF PUBLISHED LITERATURE AND OTHER PRESENTATIONS ON INITIAL PHYSICIAN SPECIALTY CERTIFICATION, CONTINUING PHYSICIAN SPECIALTY CERTIFICATION, OR COMPONENTS OF CONTINUOUS CERTIFICATION SUCH AS KNOWLEDGE ASSESSMENT, ADULT LEARNING AND EDUCATION AND QUALITY IMPROVEMENT. THIS CURATED REPOSITORY ASSISTS RESEARCHERS, INFORMS KEY STAKEHOLDERS OF RESEARCH RESULTS AND INFORMS THE ABMS MEMBER BOARDS ABOUT FINDINGS THAT CAN BE USED TO IMPROVE THE CERTIFICATION PROCESS. 44251 0 0 Longitudinal Assessment Research 46767 0 0 Other Research and Collaboration 91018 0 0 362863 true true false false false false false false false true true false false false true true false true false false false false false false false false false true false true false false false false false false false false false false false false false true false true false true 3 0 true 4 true false false false false false false false false false false false false X 12 9 false false false false true true true true true false false true true true true true true true true false IL X X LAURA SKARNULIS 3124362694 353 N CLARK ST SUITE 1400 chicago IL 60654 X LIANA PUSCAS MD Director 1.0 0.0 X 0 0 0 CARLA M PUGH MD PHD CHAIR 1.0 0.0 X X 0 0 0 EVE KURTIN PHARMD SECRETARY-TREASURER 1.0 0.0 X X 0 0 0 JOHN R BOULET PHD DIRECTOR 1.0 0.0 X 0 0 0 LARRY A GREEN MD DIRECTOR 1.0 5.0 X 0 0 0 BENSON S MUNGER PHD CHAIR-ELECT 1.0 0.0 X X 0 0 0 MARY E POST MBA CAE DIRECTOR 1.0 0.0 X 0 0 0 FATEMA F ZANZI JD DIRECTOR 1.0 0.0 X 0 0 0 BRIAN NUSSENBAUM DIRECTOR BEG 07/18 1.0 0.0 X 0 0 0 RICHARD E HAWKINS MD PRESIDENT/DIRECTOR 1.0 49.0 X X 14214 696478 70795 BARRY S SMITH MD DIRECTOR BEG 7/1/18 1.0 11.0 X 2083 22917 0 JOHN C MOORHEAD MD DIRECTOR Thru 6/30/18 1.0 11.0 X 1136 11364 0 DAVID W PRICE MD SENIOR VICE PRESIDENT 20.0 30.0 X 148568 222851 52383 LAURA SKARNULIS COO 1.0 49.0 X 8532 418073 66398 JENNIFER FRONEK VP OF FINANCE 2.0 48.0 X 7853 188467 22923 JOHN MANDELBAUM CHIEF LEGAL OFFICER 2.0 48.0 X 12416 297968 78333 RICHARD WATERS VP MARKETING & COMMUNICATIONS 2.0 48.0 X 9014 216339 16408 KATHLEEN HOLTZMAN DIR OF ASSESSMENT AND INTL OPS 1.0 49.0 X 3755 183987 42629 207571 2258444 349869 1 false true false 0 557000 83200 640200 RESEARCH & EDUCATION 900099 111184 111184 111184 709 709 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 752093 111184 709 87500 87500 0 0 0 237460 100161 137299 0 221910 92257 129653 9191 104 9087 15554 14848 706 23037 10775 12262 104968 17468 87500 12346 12346 16629 16629 0 0 0 24115 24115 0 5087 244 4843 38286 38286 0 35515 13086 22429 16397 16315 82 0 5790 5790 0 0 3089 882 2207 0 9039 3433 5606 865913 362863 503050 0 296891 90166 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9120 5075 7374 7374 0 122188 0 0 0 0 0 0 0 0 306011 217429 20409 15536 0 0 56105 15426 0 0 0 0 0 0 0 0 0 0 609784 680574 686298 711536 X -457066 -617295 0 0 76779 123188 -380287 -494107 306011 217429 -113820 X false true X true false X X X 1 ABMS 410847713 10 true 87500 0 1 87500 0 true true true true true false false false false false false false false false false false false true false PART IV, SECTION A, LINE 2 and 3B ABMS-REF CONFIRMED THAT THE SUPPORTED ORGANIZATION, ABMS, IS A SECTION 501(C)(6) TAX EXEMPT ORGANIZATION BY REVIEWING ITS INTERNAL REVENUE SERVICE DETERMINATION LETTER AND BY ANNUALLY COMPLETING A PRO FORMA SCHEDULE A, PART III, TEST TO REAFFIRM THAT ABMS SATISFIES THE PUBLIC SUPPORT TESTS UNDER SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE. PART IV, SECTION A, LINE 3C ABMS-REF OPERATES EXCLUSIVELY FOR THE BENEFIT OF ABMS BECAUSE THE ACTIVITIES OF THE ABMS-REF ARE FOCUSED SOLELY ON ACTIVITIES WHICH SUPPORT ABMS AND OTHER NONPROFIT SCIENTIFIC RESEARCH AND DEVELOPMENT ORGANIZATIONS. ABMS-REF DOES NOT ENGAGE IN ANY ACTIVITIES OUTSIDE THE SCOPE OF ABMS'S ORGANIZATIONAL PURPOSE. 76779 45700 709 123188 76779 76779 1.00000 false false 7374 7374 0 DUE TO ABMS 680574 680574 X ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 3 THE ENDOWMENT IS FOR THE FUNDING OF A SPEAKER'S SERIES AT THE ABMS ANNUAL CONFERENCE. FIN 48 FOOTNOTE SCHEDULE D, PART X, LINE 2 ABMS-REF HAS RECEIVED A FAVORABLE DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE STATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), EXCEPT FROM INCOME TAXES PERTAINING TO UNRELATED BUSINESS INCOME. ABMS-REF IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, NO AUDITS ARE CURRENTLY IN PROGRESS FOR ANY TAX PERIODS. true Cincinnati Children's Hospital 3333 Burnet Ave Cincinnati OH 45229 310833936 501(C)(3) 12500 0 Research University of Washington 329 9th Avenue Box 359798 Seattle WA 98104 916001537 501(C)(3) 12500 0 Research Johns Hopkins University 12529 Coll Center Dr Chicago IL 60629 520595110 501(C)(3) 12500 0 Research University of Alabama at Birmingham 701 20th ST Birmingham AL 35294 636005396 501(C)(3) 12500 0 Research University of Michigan 1ST Flr Wolverine TWR Ann Arbor MI 48109 386006309 501(C)(3) 12500 0 Research University of Pittsburgh School Medicine 3600 Forbes Ave Pittsburgh PA 15261 250965591 501(C)(3) 12500 0 Research John Hopkins School of Medicine 905 Wellington Rd Baltimore MD 21212 520595110 501(C)(3) 12500 0 Research 7 GRANTS SCHEDULE I, PART I, LINE 2 ABMS-REF MANAGEMENT ANALYZES REQUESTS FOR RESEARCH DISBURSEMENTS ON AN ONGOING BASIS. GRANTS ARE AWARDED TO ORGANIZATIONS THAT SUPPORT RESEARCH SCHOLARS. ABMS-REF FOLLOWS UP TO VERIFY GRANTS ARE USED FOR RESEARCH PURPOSES. X X X true false false false false false false false false true false RICHARD E HAWKINS MD PRESIDENT/DIRECTOR 12864 630328 1350 66150 0 0 999 48935 420 20589 15633 766002 0 0 DAVID W PRICE MD SENIOR VICE PRESIDENT 115024 172535 23544 35316 10000 15000 20953 31430 347 521 169868 254802 0 0 LAURA SKARNULIS COO 6757 331086 1775 86987 0 0 722 35378 647 31689 9901 485140 0 0 JENNIFER FRONEK VP OF FINANCE 7603 182467 250 6000 0 0 580 13925 443 10635 8876 213027 0 0 JOHN MANDELBAUM CHIEF LEGAL OFFICER 9795 235071 2621 62897 0 0 2143 51438 1058 25388 15617 374794 0 0 RICHARD WATERS VP MARKETING & COMMUNICATIONS 8654 207699 360 8640 0 0 656 15752 68 1640 9738 233731 0 0 KATHLEEN HOLTZMAN DIR OF ASSESSMENT AND INTL OPS 3625 177617 130 6370 0 0 283 13857 573 28064 4611 225908 0 0 FIRST-CLASS OR CHARTER TRAVEL SCHEDULE J, PART I, LINE 1A PER THE TERMS OF THE EMPLOYMENT CONTRACT, THE PRESIDENT AND CHIEF EXECUTIVE OFFICER ("CEO") IS PERMITTED TO FLY FIRST CLASS FOR ORGANIZATION-RELATED BUSINESS ON FLIGHTS THAT ARE 3 HOURS IN DURATION OR LONGER. THIS IS NOT TAXABLE AS COMPENSATION. HEALTH OR SOCIAL CLUB DUES SCHEDULE J, PART I, LINE 1A ABMS-REF OFFERS TWO KEY EMPLOYEES LOCATED IN THE CHICAGO OFFICE HEALTH CLUB SUBSIDIES, WHICH ARE REPORTED AS TAXABLE COMPENSATION TO THE RECIPIENT EMPLOYEES. ALL EMPLOYEES IN THE CHICAGO OFFICE ARE ELIGIBLE TO RECEIVE THIS BENEFIT. DISCRETIONARY SPENDING SCHEDULE J, PART I, LINE 1A PER THE TERMS OF the OFFER LETTER, ONE KEY EMPLOYEE OF ABMS-REF RECEIVES A TRAVEL ALLOWANCE. THE TRAVEL ALLOWANCE IS TAXABLE TO THEM AS COMPENSATION. Methods used to Establish Compensation of CEO/Executive Director SCHEDULE J, PART I, LINE 3 To Establish THE Compensation of the organization's Executive Director, the related organization utilizes the following: EXECUTIVE COMMITTEE, COMPARABILITY DATA, AN OUTSIDE COMPENSATION CONSULTING FIRM, AND APPROVAL BY THE BOARD OR EXECUTIVE COMMITTEE. NON-FIXED PAYMENTS SCHEDULE J, PART I, LINE 7 FOR THOSE INDIVIDUALS LISTED IN FORM 990, PART VII, SECTION A, LINE 1A, WHO ARE ELIGIBLE, BONUSES ARE PAID PURSUANT TO THE BOARD-APPROVED BUDGET AND ARE BASED UPON ORGANIZATION PERFORMANCE, MEETING BONUS ELIGIBILITY REQUIREMENTS AND THE DISCRETION OF THE PRESIDENT and CEO. ORGANIZATION'S MISSION FORM 990, PART III, LINE 1 THE PURPOSES OF THE AMERICAN BOARD OF MEDICAL SPECIALTIES RESEARCH AND EDUCATION FOUNDATION ("ABMS-REF") ARE TO SUPPORT THE SCIENTIFIC, SCHOLARLY AND PUBLIC EDUCATION PURPOSES OF THE AMERICAN BOARD OF MEDICAL SPECIALTIES ("ABMS"); PROMOTE THE PUBLIC INTEREST THROUGH THE CONDUCT OF STUDIES AND DEVELOPMENT OF PROGRAMS TO IMPROVE HEALTH CARE; AND EXPLORE WAYS TO IMPROVE HEALTH CARE THROUGH EXCELLENCE IN MEDICINE, CONTINUING PROFESSIONAL DEVELOPMENT AND RESEARCH. THROUGH ITS ACTIVITIES, ABMS-REF SUPPORTS THE SCIENTIFIC, SCHOLARLY AND PUBLIC EDUCATION PURPOSES OF ABMS (1) BY ENCOURAGING AND CONDUCTING RESEARCH TO IMPROVE THE CAPACITY TO MEASURE, ASSESS AND EVALUATE THE EDUCATIONAL, SCIENTIFIC, CLINICAL AND PROFESSIONAL QUALIFICATIONS AND PERFORMANCE OF PHYSICIANS ENGAGED IN THE PRACTICE OF MEDICAL SPECIALTIES; (2) BY CONDUCTING EDUCATIONAL PROGRAMS AND DISSEMINATING INFORMATION TO THE PUBLIC TO ASSIST ITS RECOGNITION, EVALUATION AND UNDERSTANDING OF THE SIGNIFICANCE AND IMPORTANCE OF INITIAL CERTIFICATION, OF SUB CERTIFICATION AND OF CONTINUING CERTIFICATION OF PHYSICIANS ENGAGED IN THE PRACTICE OF MEDICAL SPECIALTIES; AND (3) BY FOSTERING NATIONAL AND INTERNATIONAL COOPERATION AND THE EXCHANGE OF INFORMATION RELATED TO INITIAL CERTIFICATION AND CONTINUING CERTIFICATION AND PHYSICIAN ONGOING PROFESSIONAL DEVELOPMENT. OTHER PROGRAM SERVICES FORM 990, PART III, LINE 4D ABMS-REF HELPS TO SYNERGIZE, GUIDE, CONVENE, FACILITATE, CONDUCT AND COLLABORATE ON RESEARCH ON AND ABOUT ABMS INITIAL AND CONTINUING CERTIFICATION ACROSS 24 CERTIFYING MEMBER BOARDS. ABMS-REF ALSO PARTNERS WITH OTHER RESEARCHERS TO DEVELOP RESEARCH IN THE AREAS OF QUALITY AND PERFORMANCE IMPROVEMENT, PATIENT SAFETY, ADULT LEARNING AND EDUCATION AND OTHER DISCIPLINES. ABMS-REF CONDUCTS PROGRAM EVALUATION AND RESEARCH ON THE ABMS LONGITUDINAL PROGRAMS TO ASSESS PHYSICIAN KNOWLEDGE, JUDGMENT AND SKILLS. INDEPENDENT VOTING MEMBERS FORM 990, PART VI, SECTION A, LINE 1A ABMS-REF'S BOARD OF DIRECTORS ACTS AS ITS GOVERNING BODY. HOWEVER, CERTAIN ASPECTS OF GOVERNANCE OF ABMS-REF ARE RESERVED TO THE ORGANIZATION'S SOLE MEMBER, ABMS, AN ILLINOIS, NOT-FOR-PROFIT CORPORATION, EXEMPT FROM FEDERAL TAXATION UNDER Internal Revenue Code SECTION 501(C)(6). THE SOLE MEMBER'S "RESERVED POWERS" ARE SET FORTH IN SECTION 2.01 TO 2.04 OF ABMS-REF's bylaws DATED APRIL 25, 2017 AND ARE AS FOLLOWS: SECTION 2.01 MEMBERSHIP. THE FOUNDATION (i.e., ABMS-REF) SHALL HAVE ONE MEMBER, NAMELY, THE AMERICAN BOARD OF MEDICAL SPECIALTIES, AN ILLINOIS NOT-FOR-PROFIT CORPORATION. IN THESE BYLAWS, THE MEMBER SHALL BE REFERRED TO AS THE "SOLE MEMBER"ABMS". SECTION 2.02 MEMBERS RESERVED POWERS. THE SOLE MEMBER SHALL HAVE THE FOLLOWING RESERVED POWERS IN LIEU OF THOSE GRANTED BY STATUTE TO MEMBERS. IN AS MUCH AS THE SOLE MEMBER IS ANOTHER NOT-FOR-PROFIT CORPORATION, ALL OF THE ACTION REQUIRED TO BE TAKEN OR APPROVED BY THE SOLE MEMBER SHALL BE EXERCISED BY THE SOLE MEMBER'S BOARD OF DIRECTORS ("ABMS BOD") OR AS OTHERWISE SPECIFIED BY ITS BYLAWS: (A) APPOINTING THE PRESIDENT AND CEO OF THE FOUNDATION AND REMOVING HIM OR HER, WITH OR WITHOUT CAUSE, SUBJECT TO CONTRACT RIGHTS. (B) AMENDING THE ARTICLES OF INCORPORATION AND CORPORATE BYLAWS OF THE FOUNDATION. (C) APPROVING THE FOUNDATION'S ANNUAL OPERATING AND/OR CAPITAL BUDGETS AND AMENDMENTS THERETO IN EXCESS OF SUCH AMOUNT AS SHALL BE SPECIFIED FROM TIME TO TIME IN WRITING FROM THE SOLE MEMBER TO THE FOUNDATION. (D) APPROVING ALL CREATIONS OR ACQUISITIONS OF SUBSIDIARIES OR CONTROLLED AFFILIATES, MERGERS, CONSOLIDATIONS, PERMANENT OR LONG-TERM AFFILIATIONS AND ALL JOINT VENTURES OF THE FOUNDATION INVOLVING CAPITAL INVESTMENTS IN EXCESS OF SUCH AMOUNT AS SHALL BE SPECIFIED FROM TIME TO TIME IN WRITING FROM THE SOLE MEMBER TO THE FOUNDATION. (E) APPROVING THE SALE OR ENCUMBRANCE OF ALL OR SUBSTANTIALLY ALL THE ASSETS OF THE FOUNDATION AND ALL LONG-TERM DEBT IN EXCESS OF SUCH AMOUNT SHALL BE SPECIFIED FROM TIME TO TIME IN WRITING FROM THE SOLE MEMBER TO THE FOUNDATION. (F) APPROVING THE DISSOLUTION OF AND ALL LIQUIDATIONS FROM THE FOUNDATION. SECTION 2.03 MANNER OF ACTING BY SOLE MEMBER. THE SOLE MEMBER SHALL EXERCISE ITS RESERVED POWERS IN THE MANNER PRESCRIBED BY THE SOLE MEMBER'S BYLAWS. SECTION 2.04 RIGHTS AND LIABILITIES OF SOLE MEMBER. EXCEPT AS OTHERWISE PROVIDED IN THESE BYLAWS, THE SOLE MEMBER SHALL NOT BE LIABLE FOR THE DEBTS OR OBLIGATIONS OF THE FOUNDATION MEMBERS OR STOCKHOLDERS FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF ABMS-REF IS ABMS. MEMBER OR STOCKHOLDERS WHO MAY ELECT FORM 990, PART VI, SECTION A, LINE 7A AND 7B ABMS HAS THE POWER TO APPOINT ONE OF ITS BOARD MEMBERS TO SERVE ON ABMS-REFS BOARD. ABMS ALSO APPOINTS THE PRESIDENT AND CEO OF ABMS-REF WHO SERVES ON THE BOARD AS WELL. FINALLY, ABMS HAS THE AUTHORITY TO APPOINT ONE-THIRD OF THE REMAINING ABMS-REF BOARD MEMBERS. THE GOVERNANCE DECISIONS THAT HAVE BEEN RESERVED TO THE BOARD ARE AS FOLLOWS: (A) APPOINTING THE PRESIDENT AND CEO OF THE FOUNDATION AND REMOVING HIM OR HER, WITH OR WITHOUT CAUSE, SUBJECT TO CONTRACT RIGHTS. (B) AMENDING THE ARTICLES OF INCORPORATION AND CORPORATE BYLAWS OF THE FOUNDATION. (C) APPROVING THE FOUNDATION'S ANNUAL OPERATING AND/OR CAPITAL BUDGETS AND AMENDMENTS THERETO IN EXCESS OF SUCH AMOUNT AS SHALL BE SPECIFIED FROM TIME TO TIME IN WRITING FROM THE SOLE MEMBER TO THE FOUNDATION. (D) APPROVING ALL CREATIONS OR ACQUISITIONS OF SUBSIDIARIES OR CONTROLLED AFFILIATES, MERGERS, CONSOLIDATIONS, PERMANENT OR LONG-TERM AFFILIATIONS AND ALL JOINT VENTURES OF THE FOUNDATION INVOLVING CAPITAL INVESTMENTS IN EXCESS OF SUCH AMOUNT AS SHALL BE SPECIFIED FROM TIME TO TIME IN WRITING FROM THE SOLE MEMBER TO THE FOUNDATION. (E) APPROVING THE SALE OR ENCUMBRANCE OF ALL OR SUBSTANTIALLY ALL THE ASSETS OF THE FOUNDATION AND ALL LONG-TERM DEBT IN EXCESS OF SUCH AMOUNT SHALL BE SPECIFIED FROM TIME TO TIME IN WRITING FROM THE SOLE MEMBER TO THE FOUNDATION. (F) APPROVING THE DISSOLUTION OF AND ALL LIQUIDATIONS FROM THE FOUNDATION. FORM 990 REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 11 THE BOARD RETAINED THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ABMS-REF FORM 990. THE INDEPENDENT CPA FIRM PRESENTED THE FORM 990 TO THE AUDIT COMMITTEE WHICH APPROVED IT IN AUGUST 2019. THE AUDIT COMMITTEE THEN FORWARDED THE FORM 990 TO THE EXECUTIVE COMMITTEE OF THE ABMS-REF BOARD OF DIRECTORS FOR ITS CONSIDERATION AND APPROVAL. AFTERWARDS, A COMPLETE COPY OF THE FORM 990 WAS PROVIDED TO THE FULL BOARD OF DIRECTORS. WRITTEN CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C THE ABMS CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS, OFFICERS, COUNCIL, COMMITTEE, AND BOARD MEMBERS, IDENTIFIED KEY AGENTS, AND EMPLOYEES. ON AN ANNUAL BASIS, BOARD AND COMMITTEE MEMBERS ARE REQUIRED TO DISCLOSE CONFLICTS AND DUALITIES OF INTEREST IN WRITING. AT THE BEGINNING OF ALL BOARD AND BOARD COMMITTEE MEETINGS, DIRECTORS ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST AND DUALITIES OF INTEREST. THE MINUTES OF ALL BOARD AND ALL BOARD COMMITTEES SHALL CONTAIN THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POTENTIAL CONFLICT OR DUALITY OF INTEREST, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OR DUALITY OF INTEREST WAS PRESENT, AND THE BOARD'S OR COMMITTEE'S DETERMINATION AS TO WHETHER A CONFLICT OR DUALITY OR INTEREST IN FACT EXISTED. PROCESS OF DETERMINING COMPENSATION FORM 990, PART VI, LINE 15A & 15B FOR THE ABMS PRESIDENT AND CEO'S COMPENSATION, THE PROCESS IS AS FOLLOWS: 1. COMPARABILITY DATA FROM SIMILAR NOT FOR PROFIT HEALTH CARE ORGANIZATIONS AND INSTITUTIONS IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE ABMS BOARD OF DIRECTORS. 2. AN OUTSIDE COMPENSATION CONSULTING FIRM WILL PERIODICALLY ADVISE THE EXECUTIVE COMMITTEE OF THE ABMS BOARD OF DIRECTORS REGARDING APPROPRIATE COMPENSATION AND BENEFITS FOR THE PRESIDENT AND CEO. 3. MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, WHO ARE INDEPENDENT, SET THE COMPENSATION FOR THE PRESIDENT AND CEO. FOR KEY EMPLOYEES, THE PROCESS IS AS FOLLOWS: COMPENSATION FOR KEY EMPLOYEES (as defined in Part VII) OF ABMS IS SET BY THE PRESIDENT AND CEO. WHEN SETTING COMPENSATION, THE PRESIDENT AND CEO TAKES INTO ACCOUNT COMPARABILITY DATA REGARDING COMPENSATION AS WELL AS THE PERIODIC ADVICE OF AN OUTSIDE COMPENSATION CONSULTING FIRM. THE COMPENSATION OF THE PRESIDENT AND CEO WAS LAST REVIEWED IN 2017. THE COMPENSATION OF KEY EMPLOYEES WAS LAST REVIEWED IN 2018. GOVERNING DOCUMENTS MADE AVAILABLE TO PUBLIC FORM 990, PART VI, SECTION C, LINE 19 THE ARTICLES OF INCORPORATION ARE AVAILABLE THROUGH THE ILLINOIS SECRETARY OF STATE; THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. RELATED ORGANIZATION COMPENSATION FORM 990, PART VII THE COMPENSATION REPORTED IN PART VII IS THE COMPENSATION PAID BY ABMS FOR A FULL-TIME POSITION. HOWEVER, A PORTION OF THE VARIOUS INDIVIDUALS' TIME IS DEVOTED TO RELATED ORGANIZATIONS, WHICH ARE THE MULTI-SPECIALTY PORTFOLIO APPROVAL PROGRAM ORGANIZATION (MSPAPO) AND ABMS. MSPAPO AND ABMS-REF ARE REQUIRED TO REIMBURSE ABMS FOR THESE COSTS. AMERICAN BOARD OF MEDICAL SPECIALTIES 353 N CLARK ST SUITE 1400 CHICAGO IL 60654 410847713 CERTIFICATION IL 501(C)(6) n/a na false MULTI-SPECIALTY PORTFOLIO APPROVAL PGM 353 N CLARK ST SUITE 1400 CHICAGO IL 60654 465431221 QI PROGRAMS IL 501(C)(3) 10 ABMS false false false true false true false false false false false false false false true true false false false false AMERICAN BOARD OF MEDICAL SPECIALTIES c 557000 FMV AMERICAN BOARD OF MEDICAL SPECIALTIES e 680574 FMV AMERICAN BOARD OF MEDICAL SPECIALTIES n 85718 FMV AMERICAN BOARD OF MEDICAL SPECIALTIES o 507151 FMV