2019-03-05T10:05:12-06:00 2018-08-31 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2017-09-01 366000057 AMERICAN BOARD OF ORTHOPAEDIC SURGERY AMER 9199297103 400 SILVER CEDAR COURT NO 1100 CHAPEL HILL NC 27514 AARON WHITE CHIEF OPERATING OFFICER 9199297103 2019-03-04 1 IVY BECKHAM P01316131 5712279500 67.137.57.251 2019-03-04 10:09:26 ES P 22B6DA6E04110CB685C107BE4314F90C78D51411 F52E51F818E1D52FA3BA73322165C6C0B162241D 2017 2019-02-21 02:37:17Z AARON WHITE 400 SILVER CEDAR COURT NO 1100 CHAPEL HILL NC 27514 19709775 0 X WWW.ABOS.ORG X 1934 DE ENSURE SAFE, ETHICAL & EFFECTIVE PRACTICE OF ORTHOPAEDIC SURGERY THRU STANDARDS OF EDU. & EXAM. 19 19 17 334 0 0 0 0 6608525 6846864 1605683 3906556 26487 33514 8240695 10786934 0 193225 0 0 2435864 2182029 0 0 0 5598822 6396948 8034686 8772202 206009 2014732 38910449 42448106 2272812 2508159 36637637 39939947 TO SERVE THE BEST INTERESTS OF THE PUBLIC AND OF THE MEDICAL PROFESSION BY ESTABLISHING EDUCATIONAL STANDARDS FOR ORTHOPAEDIC RESIDENTS AND BY EVALUATING THE INITIAL AND CONTINUING QUALIFICATIONS AND COMPETENCE OF ORTHOPAEDIC SURGEONS. 0 0 INITIAL CERTIFICATION OF ORTHOPAEDIC SURGEONS:EDUCATIONAL REQUIREMENTS, PEER REVIEW, A WRITTEN EXAM, AND AN ORAL EXAM ARE REQUIRED TO BECOME BOARD CERTIFIED. THERE WERE 697 NEW ORTHOPAEDIC SURGEONS CERTIFIED IN THE FISCAL YEAR ENDED IN 2018. CANDIDATES WHO PASS THE CERTIFICATION REQUIREMENTS BECOME A "DIPLOMATE" OF THE ORGANIZATION FOR 10 YEARS. THE ORGANIZATION HAS A TOTAL OF 28,650 DIPLOMATES DURING THE MOST RECENTLY COMPLETED FISCAL YEAR. RECERTIFICATION EVERY TEN YEARS:EVERY 10 YEARS DIPLOMATES MUST MEET ADDITIONAL EDUCATIONAL REQUIREMENTS, PEER REVIEW, AND AN EXAM TO RECERTIFY. THERE WERE 1,615 DIPLOMATES TO RECERTIFY IN THE FISCAL YEAR ENDING IN 2018. SUBSPECIALTY CERTIFICATION:CERTIFICATION OF SPORTS AND HAND SUB-SPECIALTY CERTIFICATES AFTER INITIAL CERTIFICATION IS COMPLETE. THERE WERE 101 HAND SUB-SPECIALTY CERTIFICATES, AND 92 SPORTS SUB-SPECIALTY CERTIFICATES IN THE FISCAL YEAR ENDING IN 2018. 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 67 0 17 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KATHY CLARK CONTROLLER 9199297103 400 SILVER CEDAR COURT SUITE 1000 CHAPEL HILL NC 27514 PETER M MURRAY MD PRESIDENT 2.00 X X 2295 0 0 TERRANCE D PEABODY MD VICE-PRESIDENT 2.00 X X 2096 0 0 DOUGLAS W LUNDY MD PRESIDENT - ELECT 2.00 X X 1588 0 0 CHARLES L SALTZMAN MD SECRETARY 2.00 X X 1585 0 0 FREDERICK M AZAR MD TREASURER 2.00 X 1209 0 0 APRIL D ARMSTRONG MD DIRECTOR 2.00 X 874 0 0 MICHAEL S BEDNAR MD DIRECTOR 2.00 X 645 0 0 JOHN M FLYNN MD DIRECTOR 2.00 X 2800 0 0 JOSHUA J JACOBS MD DIRECTOR 2.00 X 500 0 0 GREGORY A MENCIO MD DIRECTOR 2.00 X 0 0 0 ANNE VAN HEEST MD DIRECTOR 2.00 X 3186 0 0 RICK W WRIGHT MD DIRECTOR 2.00 X 1178 0 0 JACK B EVANS DIRECTOR 2.00 X 1095 0 0 ANNUNZIATO AMENDOLA MD DIRECTOR 2.00 X 0 0 0 JAMES E CARPENTER MD DIRECTOR 2.00 X 2220 0 0 SANFORD E EMERY MD DIRECTOR 2.00 X 2238 0 0 J LAWRENCE MARSH MD DIRECTOR 2.00 X 3636 0 0 JAMES R ROBERSON MD DIRECTOR 2.00 X 2188 0 0 THOMAS P VAIL MD DIRECTOR 2.00 X 1482 0 0 REGIS J O'KEEFE MD SENIOR DIRECTOR (UNTIL 09/2017) 2.00 X 0 0 0 STEPHENE A ALBANESE MD SENIOR DIRECTOR (UNTIL 09/2017) 2.00 X 0 0 0 DAVID MARTIN MD EXECUTIVE MEDICAL DIRECTOR 40.00 X 500855 0 102335 AARON WHITE COO CHIEF OPPERATING OFFICER 40.00 X 205517 0 77085 PARTRICIA SCALF EXAMS ADMINISTRATOR 35.00 X 124897 0 54980 KATHRYN CLARK CONTROLLER 35.00 X 111066 0 63826 973150 0 298226 4 0 1 0 NBME 3750 MARKET STREET PHILADELPHIA PA 19104 TEST DEVELOPMENT 1092044 WEB DATA SOLUTIONS 930 YORK ROAD SUITE 102 HINSDALE IL 60521 IT SUPPORT AND DESIGN 911637 VEDDER PRICE 222 NORTH LASALLE STREET SUITE 150 CHICAGO IL 60601 LEGAL REPRESENTATION 153955 3 EXAMS AND APPLICATION 900099 6846864 6846864 6846864 1721209 1721209 156867 123353 33514 33514 33514 10984835 8799488 2185347 2185347 2185347 10786934 6846864 0 3940070 193225 929822 660177 186273 312345 93412 212964 37511 103563 609366 622 238646 437348 97133 193817 920430 382335 83378 TEST DEVELOPMENT 1142044 SIMULATION 478185 EXAMINERS 458354 SITE EXPENSE 456130 545122 8772202 999392 2133919 1126162 2022051 104009 93821 10957 632971 311593 5928388 3595681 2176120 2332707 33840487 35490404 31308 52654 38910449 42448106 1332894 1344258 478185 895841 620293 44077 65423 2272812 2508159 X 36637637 39939947 36637637 39939947 38910449 42448106 2014732 1287578 0 X 0 1 X 1 0 235412 235412 2548926 1756372 792554 1188772 866703 322069 1955278 972606 982672 2332707 DEPOSITS 12769 DEFERRED COMPENSATION 52654 65423 X 17560302 1287578 5466000 6753578 10806724 103563 -123353 -19790 10786934 14257992 5466000 123353 5589353 8668639 103563 103563 8772202 PART X, LINE 2: THE ORGANIZATION ADOPTED A POLICY THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE POLICY PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE RECOGNIZED. THE IMPLEMENTATION OF THIS POLICY HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -123,353. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 123,353. 1 ORTHO RESEARCH & EDUCATIONAL FOUNDATION (OREF) 9400 WEST HIGGINS ROAD SUITE 215 ROSEMONT IL 600184975 366009467 501(C)(3) 180000 EDUCATIONAL RESEARCH. 1 0 PART I, LINE 2: EXECUTIVE MEDICAL DIRECTOR AND CHIEF OPERATING OFFICER APPROVE PAYMENTS TO OREF GRANT. X X X 1 1 X X X X X 0 0 0 DAVID MARTIN MD EXECUTIVE MEDICAL DIRECTOR 482402 0 10262 0 8191 0 61125 0 41210 0 603190 0 0 0 AARON WHITE COO CHIEF OPPERATING OFFICER 203972 0 1140 0 405 0 52001 0 25084 0 282602 0 0 0 PARTRICIA SCALF EXAMS ADMINISTRATOR 121115 0 1245 0 2537 0 30000 0 24980 0 179877 0 0 0 KATHRYN CLARK CONTROLLER 105949 0 2965 0 2152 0 26575 0 37251 0 174892 0 0 0 PART I, LINE 1A MEMBERS OF THE GOVERNING BODY HAVE THE ABILITY TO INCLUDE A SPOUSE TO TRAVEL WITH THEM FOR VARIOUS ORGANIZATION BUSINESS. THESE AMOUNTS ARE DEEMED GROSS-UP PAYMENTS AND INCLUDED IN THE TAXABLE INCOME OF THE APPROPRIATE INDIVIDUALS. IN ADDITION, THE ORGANIZATION MAY HAVE INSTANCES WHEN FIRST-CLASS TRAVEL IS NECESSARY FOR CONDUCTING ORGANIZATION BUSINESS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE FOLLOWING BOARD MEMBERS: THE PRESIDENT AS CHAIR, THE IMMEDIATE PAST-PRESIDENT, PRESIDENT-ELECT, SECRETARY, AND TREASURER. THE EXECUTIVE MEDICAL DIRECTOR AND CHIEF OPERATING OFFICER SERVE AS EX-OFFICIO MEMBERS WITHOUT VOTE. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO CARRY OUT THE BUSINESS AND FUNCTIONS OF THE ORGANIZATION BETWEEN MEETINGS OF THE BOARD AND REPORTS ANY SUCH ACTIONS TO THE BOARD FOR RATIFICATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION CONTRACTS WITH A PUBLIC ACCOUNTING FIRM TO PREPARE THE FORM 990 BASED ON INFORMATION OBTAINED FROM MANAGEMENT AND DURING THE FINANCIAL AUDIT. ONCE THE DRAFT IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE. THE FORM 990 IS THEN PROVIDED TO THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL AMERICAN BOARD OF ORTHOPAEDIC SURGERY (ABOS) DIRECTORS, EXECUTIVE MEDICAL DIRECTOR AND CHIEF OPERATING OFFICER ARE COVERED BY CONFLICT OF INTEREST POLICY. THE EXECUTIVE MEDICAL DIRECTOR, CHIEF OPERATING OFFICER, AND THE EXECUTIVE COMMITTEE REVIEW THE FORMS. EACH DIRECTOR AND THE TWO EXECUTIVES MUST FILL OUT A FORM ANNUALLY, AND ARE OBLIGED TO REPORT SIGNIFICANT CHANGES TO THE ABOS STAFF IN WRITING. THE FORMS ARE STORED ON A PASSWORD PROTECTED LOCATION ON THE ABOS WEBSITE THAT IS AVAILABLE FOR ALL THE DIRECTORS. THE PERSON WHO IS CONFLICTED IS EXCUSED FROM DISCUSSION AND DECISIONS CONCERNING THE CONFLICTED PARTY. ANY CONFLICT WILL BE DOCUMENTED IN THE MEETING MINUTES OF THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 15 WITH THE HIRING OF THE EXECUTIVE MEDICAL DIRECTOR AND CHIEF OPERATING OFFICER, AN OUTSIDE EMPLOYMENT AGENCY WAS UTILIZED FOR THE PROCESS. THE EXECUTIVE COMMITTEE OF THE ORGANIZATION DETERMINES ANY COMPENSATION AND BONUS ADJUSTMENTS EACH YEAR BASED ON PERFORMANCE AND OTHER BENCHMARKING. THE PROCESS WAS LAST UNDERTAKEN IN 2017. FOR ALL OTHER EMPLOYEES, THE CHIEF OPERATING OFFICER DETERMINES THE COMPENSATION LEVEL BASED ON COMPARABILITY DATA AND CURRENT PERFORMANCE. THIS PROCESS IS PERFORMED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.