NATIONAL BOARD OF MEDICAL EXAMINERS: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL BOARD OF MEDICAL EXAMINERS (EIN 23-1352238)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-05-10
- IRS object ID
- 201831309349301273
- Schema version
- 2017v2.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-10T07:59:01-07:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231352238 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | National Board of Medical Examiners | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NATI | BusinessNameControlTxt |
| Phone | 2155909500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3750 Market Street | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Peter J Katsufrakis | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2018-05-10 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $222,853,776 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| All Affiliates Included | false | AllAffiliatesIncludedInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.nbme.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1915 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | The mission of NBME is to protect the health of the public through state of the art assessment of health professionals. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 604 | TotalEmployeeCnt |
| Total Volunteers | 758 | TotalVolunteersCnt |
| Total Gross UBI | $230,338 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $151,101,701 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $153,939,975 | CYProgramServiceRevenueAmt |
| PY Investment Income | $7,200,241 | PYInvestmentIncomeAmt |
| CY Investment Income | $21,421,576 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$46,539 | PYOtherRevenueAmt |
| CY Other Revenue | $230,338 | CYOtherRevenueAmt |
| PY Total Revenue | $158,255,403 | PYTotalRevenueAmt |
| CY Total Revenue | $175,591,889 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $428,005 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $437,457 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $83,197,050 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $83,484,189 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $78,079,412 | PYOtherExpensesAmt |
| CY Other Expenses | $83,629,264 | CYOtherExpensesAmt |
| PY Total Expenses | $161,704,467 | PYTotalExpensesAmt |
| CY Total Expenses | $167,550,910 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$3,449,064 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $8,040,979 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $333,550,555 | TotalAssetsBOYAmt |
| Total Assets EOY | $361,484,921 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $205,247,823 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $183,848,220 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $128,302,732 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $177,636,701 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The mission of the NBME is to protect the health of the public through state of the art assessment of health professionals. While centered on assessment of physicians, this mission encompasses the spectrum of health professionals along the continuum of education, training, and practice and includes research in evaluation as well as development of assessment instruments. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $99,619,676 | ExpenseAmt |
| Revenue | $110,498,709 | RevenueAmt |
| Desc | The United States Medical Licensing Examination (USMLE) is a three-step examination for medical licensure in the United States and is sponsored by the Federation of State Medical Boards (FSMB) and the NBME. The USMLE program supports medical licensing authorities in the United States through its leadership in the development, delivery, and continual improvement of high-quality assessments across the continuum of physicians' preparation for practice. It assesses a physician's ability to apply knowledge, concepts, and principles, and to demonstrate fundamental patient-centered skills, that are important in health and disease and that constitute the basis of safe and effective patient care.Note: The expenses reflected above do not include institutional indirect expenses. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $15,050,054 | ExpenseAmt |
| Revenue | $30,499,492 | RevenueAmt |
| Desc | The Medical School and Student Services program provides assessment services to domestic and international medical schools, students, and residents. Assessments include the subject examination program, self-assessment services, and web-based examination programs and pilot projects. Subject exams measure achievement in the traditional basic and clinical science disciplines and are used to compare student performance with a national reference group. A series of web-based self-assessments are available to help students assess their readiness to take USMLE. Faculty services include item-writing workshops, and medical school liaison activities include the Advisory Committee for Medical School Programs.Note: The expenses reflected above do not include institutional indirect expenses. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $13,364,880 | ExpenseAmt |
| Revenue | $10,764,047 | RevenueAmt |
| Desc | The Health Profession Services program provides comprehensive assessment, educational, consultative, and research services for healthcare organizations. During 2017, NBME's Health Profession Services worked with a variety of organizations to administer examinations for purposes of licensure, certification, maintenance of certification, evaluation of special competence, in-training, and self-assessment. These organizations included allied health professional associations, the national veterinary licensing board, members of the American Board of Medical Specialties, and medical societies. Examinations are administered worldwide, where applicable.Note: The expenses reflected above do not include institutional indirect expenses. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $6,309,949 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $322,008 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $2,177,717 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $134,344,559 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 490 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 604 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 0 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Org Filed In Lieu Of Form1041 | false | OrgFiledInLieuOfForm1041Ind |
| Licensed More Than One State | false | LicensedMoreThanOneStateInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John J Hinke Jr | PersonNm |
| Phone | 2155909500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3750 Market Street | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191043102 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Donald E Melnick | |||||||||
| President (Ret) | 25.00 | 0.00 | Yes (X) | Yes (X) | $932,255 | $0 | $186,418 | ||
| Lewis R First | |||||||||
| Past Chair | 3.00 | 0.00 | Yes (X) | $3,387 | $0 | $0 | |||
| Lynn M Cleary | |||||||||
| Vice Chair | 4.00 | 0.00 | Yes (X) | Yes (X) | $1,850 | $0 | $0 | ||
| Suzanne T Anderson | |||||||||
| Chair | 4.00 | 0.00 | Yes (X) | Yes (X) | $4,307 | $0 | $0 | ||
| Joseph P Grande | |||||||||
| Director | 3.00 | 0.00 | Yes (X) | $1,700 | $0 | $0 | |||
| Paul M Wallach | |||||||||
| Vice Chair | 3.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Latha Chandran | |||||||||
| Director | 3.00 | 0.00 | Yes (X) | $1,650 | $0 | $0 | |||
| Monica L Lypson | |||||||||
| Director | 3.00 | 0.00 | Yes (X) | $650 | $0 | $0 | |||
| Paul Cunningham | |||||||||
| Director | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Donna Elliot Mills | |||||||||
| Director | 3.00 | 0.00 | Yes (X) | $1,820 | $0 | $0 | |||
| Peter J Katsufrakis | |||||||||
| President | 45.00 | 0.00 | Yes (X) | Yes (X) | $571,025 | $0 | $252,267 | ||
| Reena Karani | |||||||||
| Director | 3.00 | 0.00 | Yes (X) | $4,800 | $0 | $0 | |||
| Patricia M Mastors | |||||||||
| Director | 3.00 | 0.00 | Yes (X) | $1,250 | $0 | $0 | |||
| Janelle A Rhyne | |||||||||
| Director | 3.00 | 0.00 | Yes (X) | $2,350 | $0 | $0 | |||
| Nuno Sousa | |||||||||
| Director | 3.00 | 0.00 | Yes (X) | $1,975 | $0 | $0 | |||
| Alfred F Tallia | |||||||||
| Treasurer | 4.00 | 0.00 | Yes (X) | Yes (X) | $4,844 | $0 | $0 | ||
| Alison J Whelan | |||||||||
| Director | 3.00 | 0.00 | Yes (X) | $2,000 | $0 | $0 | |||
| Susan A Deitch | |||||||||
| Secretary | 45.00 | 0.00 | Yes (X) | $144,165 | $0 | $99,207 | |||
| Lisa M Rawding | |||||||||
| SVP, Assmt Prgm | 45.00 | 0.00 | Yes (X) | $45,433 | $0 | $4,534 | |||
| Frank J Bilotta | |||||||||
| SVP & CIO | 45.00 | 1.00 | Yes (X) | $346,794 | $0 | $164,141 | |||
| Elizabeth D Azari | |||||||||
| SVP, Operations | 45.00 | 0.00 | Yes (X) | $343,783 | $0 | $219,397 | |||
| John J Hinke Jr | |||||||||
| CFO | 45.00 | 0.00 | Yes (X) | $283,827 | $0 | $153,967 | |||
| Shelley Z Green | |||||||||
| General Counsel | 45.00 | 0.00 | Yes (X) | $320,043 | $0 | $95,509 | |||
| Kenneth E Cotton | |||||||||
| Secretary (Ret) | 45.00 | 0.00 | Yes (X) | $42,201 | $0 | $575,857 | |||
| Craig N Mills | |||||||||
| SVP, Prof Svcs | 45.00 | 0.00 | Yes (X) | $388,887 | $0 | $126,211 | |||
| Stephen G Clyman | |||||||||
| SVP, R&D | 45.00 | 0.00 | Yes (X) | $471,074 | $0 | $219,778 | |||
| Steven A Haist | |||||||||
| VP, Test Dev Svcs | 45.00 | 0.00 | $404,151 | $0 | $148,920 | Yes (X) | |||
| Gerard F Dillon | |||||||||
| VP, Licensure (Ret) | 45.00 | 0.00 | $105,517 | $0 | $276,751 | Yes (X) | |||
| Agata P Butler | |||||||||
| VP, Domestic Markets | 45.00 | 0.00 | $253,926 | $0 | $229,153 | Yes (X) | |||
| Thomas A Rebbecchi | |||||||||
| VP, Products & Svcs | 45.00 | 0.00 | $315,636 | $0 | $155,593 | Yes (X) | |||
| Kim E LeBlanc | |||||||||
| Executive Director, CSEC | 45.00 | 0.00 | $469,352 | $0 | $241,702 | Yes (X) | |||
| Michael A Barone | |||||||||
| VP, Licensure | 45.00 | 0.00 | $158,887 | $0 | $14,920 | Yes (X) | |||
| Brian E Clauser | |||||||||
| VP, Cen Adv Assmt | 45.00 | 0.00 | $282,414 | $0 | $115,303 | Yes (X) | |||
| Michael G Jodoin | |||||||||
| VP, Psychometrics | 45.00 | 0.00 | $265,898 | $0 | $92,552 | Yes (X) | |||
| Sumit Nair | |||||||||
| VP, App Svcs | 45.00 | 0.00 | $260,249 | $0 | $103,062 | Yes (X) | |||
| Miguel A Paniagua | |||||||||
| Medical Advisor | 45.00 | 1.00 | $314,450 | $0 | $122,038 | Yes (X) | |||
| Margaret B Anderson | |||||||||
| VP, Int'l Markets | 45.00 | 0.00 | $308,266 | $0 | $129,359 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $7,060,816 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $3,726,639 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 207 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Internet Testing Systems ITS LLC | |||||
| 3000 Chestnut Avenue Suite 401 | Baltimore | MD | 21211 | Testing Services | $3,535,765 |
| 44 New England Management Company | |||||
| Hotel on Rittenhouse Square 210 W | Philadelphia | PA | 19103 | Hotel Accommodations | $746,673 |
| MissionStaff LLC | |||||
| 100 N 18th Street Suite 810 | Philadelphia | PA | 19103 | Employment Services | $722,141 |
| Eliassen Group LLC | |||||
| 30 Audubon Road | Wakefield | MA | 01880 | Employment Services | $710,456 |
| Beacon Hill Staffing Group | |||||
| 2 Logan Square Suite 300 | Philadelphia | PA | 19103 | Employment Services | $579,224 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 14 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| Health Prof Organizations | $10,764,047 | $10,764,047 |
| Medical School Services | $30,499,492 | $30,499,492 |
| Other | $2,177,727 | $2,177,727 |
| USMLE | $110,498,709 | $110,498,709 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $153,939,975 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,711,270 | TotalRevenueColumnAmt |
| Exclusion | $5,711,270 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $860,554 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $630,216 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $230,338 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $230,338 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $230,338 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $62,318,782 | SecuritiesAmt |
| Other | $23,195 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $46,553,782 | SecuritiesAmt |
| Other | $77,889 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15,765,000 | SecuritiesAmt |
| Other | -$54,694 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,710,306 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$54,694 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $15,765,000 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $175,591,889 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $153,885,281 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $230,338 | UnrelatedBusinessRevenueAmt |
| Exclusion | $21,476,270 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $330,302 | TotalAmt |
| Program Services | $330,302 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,155 | TotalAmt |
| Program Services | $107,155 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,937,806 | TotalAmt |
| Program Services | $2,190,847 | ProgramServicesAmt |
| Management And General | $3,746,959 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,136,404 | TotalAmt |
| Program Services | $35,931,672 | ProgramServicesAmt |
| Management And General | $11,204,732 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,636,568 | TotalAmt |
| Program Services | $12,677,065 | ProgramServicesAmt |
| Management And General | $3,959,503 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,145,826 | TotalAmt |
| Program Services | $8,431,186 | ProgramServicesAmt |
| Management And General | $1,714,640 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,627,585 | TotalAmt |
| Program Services | $3,014,525 | ProgramServicesAmt |
| Management And General | $613,060 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $977,923 | TotalAmt |
| Program Services | $834,868 | ProgramServicesAmt |
| Management And General | $143,055 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,000 | TotalAmt |
| Management And General | $102,000 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $282,083 | TotalAmt |
| Management And General | $282,083 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,880,735 | TotalAmt |
| Program Services | $10,134,182 | ProgramServicesAmt |
| Management And General | $746,553 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $292,841 | TotalAmt |
| Program Services | $292,841 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $925,568 | TotalAmt |
| Program Services | $705,283 | ProgramServicesAmt |
| Management And General | $220,285 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,078,931 | TotalAmt |
| Program Services | $815,824 | ProgramServicesAmt |
| Management And General | $5,263,107 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,451,180 | TotalAmt |
| Program Services | $1,180,728 | ProgramServicesAmt |
| Management And General | $270,452 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $820,431 | TotalAmt |
| Program Services | $625,202 | ProgramServicesAmt |
| Management And General | $195,229 | ManagementAndGeneralAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,261,988 | TotalAmt |
| Program Services | $2,572,414 | ProgramServicesAmt |
| Management And General | $689,574 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $826,414 | TotalAmt |
| Program Services | $732,670 | ProgramServicesAmt |
| Management And General | $93,744 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,979,351 | TotalAmt |
| Program Services | $4,900,344 | ProgramServicesAmt |
| Management And General | $1,079,007 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $534,815 | TotalAmt |
| Program Services | $444,199 | ProgramServicesAmt |
| Management And General | $90,616 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Vendor Computer Delivery Fees | $23,313,102 | $23,313,102 | |
| Clinical Skills Collaboration | $21,070,726 | $21,070,726 | |
| Temporary Resources | $3,441,310 | $1,742,797 | $1,698,513 |
| Credit Card Fees | $1,744,062 | $1,744,019 | $43 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,645,804 | TotalAmt |
| Program Services | $552,608 | ProgramServicesAmt |
| Management And General | $1,093,196 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $167,550,910 | TotalAmt |
| Program Services | $134,344,559 | ProgramServicesAmt |
| Management And General | $33,206,351 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,364,486 | BOYAmt |
| EOY | $6,331,009 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,398,748 | BOYAmt |
| EOY | $5,850,833 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,223,364 | BOYAmt |
| EOY | $2,380,802 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $118,865,986 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $58,467,432 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,842,219 | BOYAmt |
| EOY | $60,398,554 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $244,259,474 | BOYAmt |
| EOY | $276,215,120 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $319,080 | BOYAmt |
| EOY | $6,420,556 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,143,184 | BOYAmt |
| EOY | $3,888,047 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $333,550,555 | BOYAmt |
| EOY | $361,484,921 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,035,021 | BOYAmt |
| EOY | $13,242,754 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,292,456 | BOYAmt |
| EOY | $41,766,830 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,277,710 | BOYAmt |
| EOY | $35,518,054 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,974,530 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $111,668,106 | BOYAmt |
| EOY | $93,320,582 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $205,247,823 | BOYAmt |
| EOY | $183,848,220 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,302,732 | BOYAmt |
| EOY | $177,636,701 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,302,732 | BOYAmt |
| EOY | $177,636,701 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $333,550,555 | BOYAmt |
| EOY | $361,484,921 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $8,040,979 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $20,292,995 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $20,999,995 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $128,632,376 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $136,418,172 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $142,002,705 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $151,101,701 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $153,939,975 | CurrentTaxYearAmt |
| Total | $712,094,929 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $128,632,376 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $136,418,172 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $142,002,705 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $151,101,701 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $153,939,975 | CurrentTaxYearAmt |
| Total | $712,094,929 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $712,094,929 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,998,439 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,831,791 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,420,876 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,228,825 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,711,270 | CurrentTaxYearAmt |
| Total | $25,191,201 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,998,439 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,831,791 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,420,876 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,228,825 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,711,270 | CurrentTaxYearAmt |
| Total | $25,191,201 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $132,630,815 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $141,249,963 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $147,423,581 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $156,330,526 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $159,651,245 | CurrentTaxYearAmt |
| Total | $737,286,130 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.96580 | PublicSupportCY509Pct |
| Public Support PY509 | 0.96580 | PublicSupportPY509Pct |
| Investment Income CY | 0.03420 | InvestmentIncomeCYPct |
| Investment Income PY | 0.03420 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form4720 Filed Section4955 Tax | false | Form4720FiledSection4955TaxInd |
| Correction Made | false | CorrectionMadeInd |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | Yes (true) | MailingsMembersInd |
| Mailings Members | $427 | MailingsMembersAmt |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | false | DirectContactLegislatorsInd |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $427 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
| Form4720 Filed4912 Tax | false | Form4720Filed4912TaxInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II-B, Line 1i - Other Activities Description | FormAndLineReferenceDesc |
| Explanation | In response to proposed health care reform, NBME prepared a letter in support of preserving provisions of the Affordable Care Act that promote access to high-quality health care for all Americans and sent it to members of Congress. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,901,457 | BeginningYearBalanceAmt |
| Contributions | $20,000,000 | ContributionsAmt |
| Investment Earnings Or Losses | $5,187,319 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $351,478 | GrantsOrScholarshipsAmt |
| Other Expenditures | $64,004 | OtherExpendituresAmt |
| End Year Balance | $33,673,294 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,480,397 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $718,605 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $297,545 | GrantsOrScholarshipsAmt |
| End Year Balance | $8,901,457 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,164,928 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$161,949 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $522,582 | GrantsOrScholarshipsAmt |
| End Year Balance | $8,480,397 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,024,725 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $442,351 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $302,148 | GrantsOrScholarshipsAmt |
| End Year Balance | $9,164,928 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,927,518 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $1,349,468 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $252,261 | GrantsOrScholarshipsAmt |
| End Year Balance | $9,024,725 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | false | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,992,585 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $1,228,893 | OtherCostOrOtherBasisAmt |
| Book Value | $3,221,478 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $9,400,756 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $71,181,719 | OtherCostOrOtherBasisAmt |
| Depreciation | $29,219,170 | DepreciationAmt |
| Book Value | $51,363,305 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $25,773,621 | OtherCostOrOtherBasisAmt |
| Depreciation | $21,620,403 | DepreciationAmt |
| Book Value | $4,153,218 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,288,412 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,627,859 | DepreciationAmt |
| Book Value | $1,660,553 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $60,398,554 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| Accrued Pension Cost | $86,934,087 |
| Capital Lease | $324,745 |
| Collaboration Payable | $1,333,447 |
| Deferred Compensation Plans | $3,600,577 |
| Post-retirement Health Benefits Payable | $1,127,726 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $93,320,582 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $175,093,522 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $20,292,995 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $20,292,995 | RevenueNotReportedAmt |
| Revenue Subtotal | $154,800,527 | RevenueSubtotalAmt |
| Other Revenues Not Included | $20,791,362 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $20,791,362 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $175,591,889 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $167,859,116 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $630,214 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $630,214 | ExpensesNotReportedAmt |
| Expenses Subtotal | $167,228,902 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $322,008 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $322,008 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $167,550,910 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: Intended uses of the endowment fund. | THE EDWARD J. STEMMLER, MD MEDICAL EDUCATION RESEARCH FUNDIn 1995, the NBME established the Edward J. Stemmler, MD Medical Education Research Fund. The Fund makes grants to support research in topics relevant to the mission of the NBME. The initial sum of $5,000,000 was invested and professionally managed with the goal of increasing the size of the Fund over time while providing total annual grants up to 5% of the trailing three-year average of the fund balance. As with all NBME invested funds, the Finance Committee monitors performance and recommends to the Executive Board any changes to the principal balance of the Fund.THE STRATEGIC EDUCATOR ENHANCEMENT FUND OF NBMEIn 2017, NBME established the Strategic Educator Enhancement Fund to provide opportunities of value to the community from which NBME obtains volunteers and other stakeholders. The initial amount of $20,000,000 was designated within NBMEs investments as a quasi-endowment fund. The maximum annual authorized disbursement from the quasi-endowment fund for 2017 through 2019 is an average of $600,000 per year. Beginning in 2020, the maximum annual disbursement in any year will be equal to 5% of the average of the trailing three-years ending balance of the investments. |
| Part X : FIN48 Footnote | NBME qualifies as a tax-exempt organization under the provisions of the Internal Revenue Code (IRC). Accordingly, there is no provision for income taxes reflected in the accompanying consolidated financial statements. However, NBME is subject to federal unrelated business income tax generated from debt-financed rental property.NBME had unrelated business taxable income of $48,000 for the year ended December 31, 2017 and incurred a loss of $29,000 for the year ended December 31, 2016 associated with the operation of debt-financed commercial rental property. Accordingly, NBME has a related net operating loss carryforward of $1,464,000 and $1,512,000 as of December 31, 2017 and 2016, respectively, expiring between December 31, 2028 and 2037. In addition, NBME has a deferred tax asset of $307,000 and $514,000 as of December 31, 2017 and 2016, respectively, which has been fully reserved due to the uncertainty of the realization of these losses. The deferred tax asset as of December 31, 2017 reflects a reduction of $193,000 associated with a lower income tax rate of 21% pursuant to the provisions of the Tax Cuts and Jobs Act of 2017.NBME has no uncertain tax positions and there are no accruals for interest or penalties in the accompanying consolidated financial statements. Management believes that NBME is no longer subject to income tax examinations for years ended on or prior to December 31, 2013.(Amounts in the FIN 48 footnote for 2017 were slightly modified subsequent to issuance of audited financial statements.) |
| Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S | Div & Int $5711270 Realized Gain $15765000 Rental Expense $-630214 Realized Loss on Fixed Assets $-54694 |
| Part XII, Line 2d: Other expenses and losses per audited F/S | Rental Expense $630214 |
| Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S | Grants $322008 |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe | 0 | 0 | Program Services | See Part V | $36,885 |
| North America | 0 | 0 | Program Services | See Part V | $9,207 |
| Middle East | 0 | 0 | Program Services | See Part V | $7,523 |
| East Asia/Pacific | 0 | 0 | Program Services | See Part V | $4,183 |
| South America | 0 | 0 | Program Services | See Part V | $10,376 |
| Cent Amer/Caribbean | 0 | 0 | Program Services | See Part V | $2,700 |
| Sub-Saharan Africa | 0 | 0 | Program Services | See Part V | $700 |
| Russia and Neighboring States | 0 | 0 | Program Services | See Part V | $8,089 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $79,663 | SubtotalSpentAmt |
| Total Spent | $79,663 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|
| North America | See Part V | $58,038 | Check | Cash |
| North America | See Part V | $78,404 | Check | Cash |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 2 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | Yes (true) | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| Rutgers Robert Wood Medical | ||||||||
| 125 Patterson Street | New Brunswick | NJ | 08903 | 226001086 | 501(c)(3) | $7,000 | $0 | Contribution-See Part IV |
| Univ City District | ||||||||
| 3940-42 Chestnut Street | Philadelphia | PA | 19104 | 232913784 | 501(c)(3) | $56,700 | $0 | Contribution-See Part IV |
| Univ of Iowa | ||||||||
| 2 Gilmore Hall | Iowa City | IA | 52242 | 426004813 | 501(c)(3) | $74,358 | $0 | Grant-See Part IV |
| Univ Wisconsin Medical School | ||||||||
| PO Box 78047 | Milwaukee | WI | 53278 | 391805963 | 501(c)(3) | $65,857 | $0 | Grant - See Part IV |
| University of Minnesota | ||||||||
| PO Box 1450 | Minneapolis | MN | 55471 | 416007513 | 501(c)(3) | $74,821 | $0 | Grant - See Part IV |
| Virginia Mason Med Center | ||||||||
| 1100 9th Avenue | Seattle | WA | 98101 | 910565539 | 501(c)(3) | $50,000 | $0 | Contribution-See Part IV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 6 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Additional Supplemental Information | Form 990, Schedule I, Part II, Line 1a - GrantsEach school is listed with the approved grant as follows:1. The University of Iowa Carver College of Medicine Proposal #1516-006, Validation of a Case Diagramming Tool to Assess Higher-Order Thinking Skills2. The Board of Regents of the University of Wisconsin System Proposal #1516-048, The Use of Epistemic Network Analysis to Evaluate Non Technical Skills Performance in Trauma Simulation Education3. Regents of the University of MinnesotaProposal #1617-973, Shared Mental Models and Learner Outcomes: Gap Filling of Validity Evidence to Support Time Variable Competency-Based AdvancementNote that the Harvard Medical School Proposal #1415-027 reimbursement of unused funds of $183 is not listed on the schedule in Part II.Contributions:NBME periodically makes contributions to organizations and/or community programs in order to assist in furthering the exempt purpose of those organizations. NBME also gives the Executive Board Chair and Treasurer the option of contributing their honoraria to their respective places of employment. The total amount of contributions made in 2017 was $115,450. |
| Grantmaker's Description of How Grants are Used | THE EDWARD J. STEMMLER, MD MEDICAL EDUCATION RESEARCH FUND OF THE NATIONAL BOARD OF MEDICAL EXAMINERS (NBME)The purpose of the Stemmler Fund is to provide support for research or development of innovative evaluation methodology or techniques, with the potential to advance assessment in medical education or practice at eligible medical schools. Also see description of Stemmler Fund in Schedule D, Part V, Line 4 Intended Uses of Endowment Fund. The eligible applicants for Stemmler Fund grant awards are the medical schools accredited by the LCME or the AOA, and the number of Letters of Intent submitted by any eligible school is not limited. The Stemmler Fund Committee evaluates each application on the extent to which the proposed research is innovative or will advance assessment in medical education or practice, and will address an important problem or issue in medical education or practice. The Committee selects a subset of applications and invites them to submit full proposals. Peer reviewers with expertise in measurement, research design and methodology evaluate invited proposals on the relevance and significance of the proposal to the purpose and goals of the Stemmler Fund, the adequacy of the research design or methodology, and the qualifications of the principal investigator and project staff. The Stemmler Fund Committee reviews all proposals and peer reviews, also considering the budget, timetable, and other key project resources in each proposal, and selects awardees. Grant recipients are required to submit an interim and final report which includes a final project narrative and a final project fiscal report. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
| Rebuttable Presumption Proc | false | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (21 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount |
|---|---|---|---|---|---|---|
| Agata P Butler | ||||||
| VP, Domestic Markets | $253,867 | $59 | $204,718 | $24,435 | $483,079 | |
| Brian E Clauser | ||||||
| VP, Cen Adv Assmt | $270,644 | $8,454 | $90,732 | $24,571 | $397,717 | $3,316 |
| Craig N Mills | ||||||
| SVP, Prof Svcs | $376,512 | $12,375 | $101,856 | $24,355 | $515,098 | |
| Donald E Melnick | ||||||
| President (Ret) | $258,431 | $673,824 | $172,023 | $14,395 | $1,118,673 | |
| Elizabeth D Azari | ||||||
| SVP, Operations | $303,360 | $40,423 | $194,903 | $24,494 | $563,180 | |
| Frank J Bilotta | ||||||
| SVP & CIO | $328,034 | $18,760 | $134,038 | $30,103 | $510,935 | |
| Gerard F Dillon | ||||||
| VP, Licensure (Ret) | $101,493 | $3,024 | $270,868 | $5,883 | $382,268 | $1,000 |
| John J Hinke Jr | ||||||
| CFO | $279,839 | $3,988 | $123,904 | $30,063 | $437,794 | |
| Kenneth E Cotton | ||||||
| Secretary (Ret) | $40,012 | $2,189 | $573,968 | $1,889 | $618,058 | |
| Kim E LeBlanc | ||||||
| Executive Director, CSEC | $399,697 | $69,655 | $218,235 | $23,467 | $711,054 | |
| Margaret B Anderson | ||||||
| VP, Int'l Markets | $291,004 | $17,262 | $117,128 | $12,231 | $437,625 | |
| Michael A Barone | ||||||
| VP, Licensure | $131,154 | -$2,267 | $2,446 | $12,474 | $173,807 | $30,000 |
| Michael G Jodoin | ||||||
| VP, Psychometrics | $271,960 | -$6,062 | $62,546 | $30,006 | $358,450 | |
| Miguel A Paniagua | ||||||
| Medical Advisor | $311,191 | $3,259 | $92,083 | $29,955 | $436,488 | |
| Peter J Katsufrakis | ||||||
| President | $553,877 | $17,148 | $240,138 | $12,129 | $823,292 | |
| Shelley Z Green | ||||||
| General Counsel | $285,206 | $34,837 | $70,921 | $24,588 | $415,552 | |
| Stephen G Clyman | ||||||
| SVP, R&D | $361,040 | $109,095 | $189,684 | $30,094 | $690,852 | $939 |
| Steven A Haist | ||||||
| VP, Test Dev Svcs | $348,556 | $55,595 | $118,774 | $30,146 | $553,071 | |
| Sumit Nair | ||||||
| VP, App Svcs | $260,113 | -$3,826 | $73,058 | $30,004 | $363,311 | $3,962 |
| Susan A Deitch | ||||||
| Secretary | $134,225 | $9,940 | $87,824 | $11,383 | $243,372 | |
| Thomas A Rebbecchi | ||||||
| VP, Products & Svcs | $308,821 | $6,815 | $125,515 | $30,078 | $471,229 | |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a: Relevant information in regards to selections on 1a. | First Class Travel and Travel for CompanionsNBME's Business Travel policy states that the most cost effective options available based on the traveler's requested itinerary should be made. First-class travel and travel for companions are not specifically authorized in the policy. In limited circumstances, certain NBME Officers and Key Employees may be permitted first-class travel if authorized by the President. First-class travel and companion travel for the President are included in the compensation package. The cost incurred for travel for companions is included in the employee's taxable earnings.Tax Indemnification and Gross-Up PaymentsNBME provides supplemental non-qualified retirement benefits to certain employees under the Supplemental Executive Retirement Plan (SERP) and Highly Compensated Employee Program (HCE) that are partially grossed-up for federal, state, and local income taxes. In 2017, 75% of the value of the SERP and HCE benefit provided to eligible employees was grossed-up. Therefore, the amount reflected on the employees W-2 includes taxes remitted by NBME for taxes on the employees behalf. See Schedule J, Part 1, line 4 for description of the SERP and the HCE.Social Club DuesNBME pays dues for membership to a private business club for its President. |
| Part III, Additional Information | The amounts reflected on Schedule J, Column C Retirement and other deferred compensation include an estimate of the annual increase in the actuarial value of each employees benefit to be received at retirement under the NBMEs defined benefit plan for each employee. In addition, column C includes the amount contributed by NBME to an eligible employee's defined contribution plan, as well as earnings accrued under the Exective Deferred Compensation Plan. The amount in column C does not represent an actual cash payment to the employee during the year, but an estimate of the accrued benefit during the year to be received at a later date or at the time of retirement. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Phila Auth for Ind Dev | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 232237287 | BondIssuerEIN |
| CUSIP | 71781XBU6 | CUSIPNum |
| Bond Issued | 2016-08-17 | BondIssuedDt |
| Issue Price | $33,180,000 | IssuePriceAmt |
| Purpose | Refunding of 08/2008 Bonds | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $38,013,614 | TotalProceedsAmt |
| Refunding Escrow | $37,489,804 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $523,810 | IssuanceCostsFromProceedsAmt |
| Current Refunding | false | CurrentRefundingInd |
| Advance Refunding | Yes (true) | AdvanceRefundingInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (true) | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Regulatory Safe Harbor Stsfd | false | RegulatorySafeHarborStsfdInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part VI | FormAndLineReferenceDesc |
| Explanation | Part IV Arbitrage line 2, column A - Arbitrage calculation is due in August 2021 | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Drew P Dillon | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Family-Key | RelationshipDescriptionTxt |
| Transaction | $92,819 | TransactionAmt |
| Transaction | Employee | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Client Note 1 | Client Note 1 - Note 1 - Form 990 Part I, line 6 - VolunteersNBME utilizes an extensive network of volunteers, many of whom are medical school faculty members and practicing physicians, to accomplish its mission. These volunteers contribute the highest levels of expertise in their profession to a range of activities including test development and governance. They receive a small honorarium in recognition of their service.Note 2 - Form 990 Part VI, line 1b - The President of NBME is an ex officio member of the NBME Executive Board. |
| Form 990, Part III, Line 4d: Other Program Services Description | OTHER PROGRAM SERVICES 4: The Post-Licensure Assessment System (PLAS) is a joint activity of the NBME and the Federation of State Medical Boards (FSMB). PLAS comprises two programs: the Special Purpose Examination (SPEX) Program and the Assessment Center Program (ACP). SPEX is a one-day, multiple-choice examination of current knowledge requisite for the general, undifferentiated practice of medicine and is intended to be used for reasons of endorsement or reciprocity of licensure. The ACP provides comprehensive objective and personalized assessments of physicians for whom there is a question regarding clinical competence. Together, the PLAS programs have assessed thousands of physicians over the past decade for reasons that range from endorsement of licensure to license reactivation after disciplinary action.Research and Discovery programs include the Center for Innovation, the Office of Research, and Product Discovery. This unit also oversees the Stemmler Medical Education Research Fund. The Center for Innovation serves as a portal to possible NBME futures by exploring concepts that could disrupt or otherwise affect the NBMEs future and by assimilating and communicating their implications. The Office of Research supports the NBMEs research enterprise by promoting a scholarly environment, coordinating the NBMEs research efforts across the organization, and ensuring that the NBMEs research portfolio is consistent with institutional priorities. The Product Discovery sub-unit oversees the generation of new ideas and their progression through concept development, prototyping, and business model development to create a portfolio of new products designed to meet the NBMEs diversification objectives. The Stemmler Medical Education Research Fund assists research in topics relevant to the mission of NBME and has supported 85 grant awards for a total of approximately $8 million since 1995. In addition to these defined programs of research and development, each program area and service unit is charged to carry on a program of research and development relevant to the work of the program or unit, for example, development of new item formats for USMLE, exploring relationships between prior measures and certifying exam performance for our clients and developing new testing methods for clients. These research and development activities result in the publication of dozens of research reports in scientific journals and presentations at scientific meetings each year.In aggregate, these programs deliver information vital for planning business strategy related to future assessment; and support conception and market testing of products ideas, and the research to investigate and sustain products.The Center for Advanced Assessment (CAA) is responsible for conducting research related to improving the quality and efficiency of NBME products, services, and procedures. It is also aimed at developing capabilities that allow the NBME to compete in new markets and offer new products. In addition to this work, the CAA provides non-routine technical support to other organizational divisions and subunits and conducts research to contribute to the field of measurement.NBME U is an evidence-based set of 28 online lessons designed to help health professions educators create reliable, high-quality assessments to evaluate student knowledge and skills. The latest version of NBME U, launched in 2016, was enhanced through development of a more robust learning platform, awarding 0.25 AMA PR Category I credits for physician learners, and a certificate of participation for other health professions educators.The North American Veterinary Licensing Examination (NAVLE), co-sponsored and co-owned by the International Council for Veterinary Assessment (ICVA) and the NBME, is a requirement for licensure to practice veterinary medicine in all licensing jurisdictions in North America. From 1998 until 2014, NAVLE development was governed by a series of contracts between the ICVA and the NBME. In February 2014, the ICVA entered into a collaborative relationship with the NBME with regard to the NAVLE. Under the collaboration, the NAVLE is overseen by the Collaboration for Veterinary Assessments (CVA) Governance Committee, comprising members appointed by the ICVA and the NBME. The purpose of the collaboration is to increase efficiency and facilitate NAVLE enhancements, drawing on the best of both organizations.The Health & Wellness Coach Certifying Examination is a collaborative program with the International Consortium of Health & Wellness Coaching. This new exam program is designed to assess competence in the field of health and wellness coaching. In 2017, more than 1,200 examinees took the pilot exam. OTHER PROGRAM SERVICES 5: NBME's International Programs unit provides students, graduate physicians, medical schools, and regulatory agencies with valid and reliable information regarding individual knowledge and overall curriculum effectiveness. The International Foundations of Medicine (IFOM) examinations represent a key component of NBME International Programs. The Clinical Science Examination (CSE) covers the core of clinical knowledge in medicine, surgery, pediatrics, obstetrics and gynecology, and psychiatry expected of students in the final year of undergraduate medical education. The Basic Science Examination (BSE) incorporates the common core of knowledge expected of students who have completed the preclinical curriculum and are about to begin study of clinical medicine. The NBME International Programs unit also offers a portfolio of consultative, faculty and institutional development, and assessment programs in the international undergraduate medical education, certification and licensure, and graduate medical education environments. Consultative services often include an on-site evaluation of the overall assessment capability for medical schools. The International Programs unit is also involved in various research projects related to the validity and reliability of various assessment tools. |
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | The members of the NBME are responsible for electing its board of directors, the Executive Board, recommending policy for the organization proposed by the Executive Board, receiving reports on the annual budget, and approving amendments to the by-laws of the organization. The members of the NBME include its Executive Board, up to twenty-two representatives of the test committees, twenty-two representative members nominated by key constituent medical organizations, elected members-at-large, and honorary members. The members of the NBME meet annually. The officers and members of the Executive Board, elected by the NBME membership, meet four or five times a year. |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | See Schedule O - Form 990, Part VI, line 6. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | See Schedule O - Form 990, Part VI, line 6. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | The Form 990 is reviewed by the NBME President, Chief Financial Officer, and General Counsel prior to filing the return with the Internal Revenue Service (IRS). The review is completed to ensure appropriate and complete disclosure. A copy of the Form 990 was provided to the NBME Executive Board and Audit Committee members prior to filing the return with the IRS. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | The NBME has a written Conflict of Interest Policy for its members as well as a Fiduciary Duty and Conflict of Interest Statement for its Officers, Key Employees and Executive Board Members. These individuals are required to review and sign the applicable policy annually. Submission of completed statements by Officers, Key Employees, and Executive Board Members is enforced and annual disclosures of interests that could give rise to conflicts are monitored by the Secretary of the Board. Potential or real conflicts of interest are required to be reported to the Secretary of the Board or its President. If deemed appropriate, the party will be recused from the relevant proceedings. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | Periodically, typically every three years, a Compensation Survey of Peer Organizations is conducted by an outside independent compensation consulting firm. The recommendations resulting from the survey are reviewed by NBME Human Resources and the Compensation Subcommittee of the NBME Executive Board. Officer employees and Key Employee compensation is reviewed and confirmed annually by the Compensation Subcommittee. Payments to non-employee officers are reviewed and approved by the Executive Board with interested officers recused. In setting CEO compensation, the Compensation Subcommittee uses the Compensation Survey of Peer Organizations and the results of the detailed annual CEO Evaluation of performance report from the CEO Evaluation Subcommittee of the Executive Board. The CEO compensation is set and approved by the Compensation Subcommittee of the Executive Board which then reports to the Executive Board that it has reviewed the relevant information and made a decision. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | NBME governing documents, Conflict of Interest Policy, and financial statements are available upon request to the NBME Secretary of the Board. |
| Other Changes In Net Assets Or Fund Balances - Other Increases | Changes other than Net Periodic Pension Cost = $21093590 |
| Other Changes In Net Assets Or Fund Balances - Other Increases | Early Retirement Plan Health Benefits Accrual Adjustment = $45877 |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | Settlements = -$139472 |
Schedule R IRS990ScheduleR
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Data Commons LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2450 N Street NW | AddressLine1Txt |
| City | Washington | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20037 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 371708236 | EIN |
| Primary Activities | Health Education Data Exchange | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Share Of Total Income | -$10,580 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $2,919 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | false | DisproportionateAllocationsInd |
| General Or Managing Partner | false | GeneralOrManagingPartnerInd |
| Ownership | 0.25000 | OwnershipPct |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Computer-Based Testing & Learning Corp | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3750 Market Street | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232447706 | EIN |
| Primary Activities | Comp-based Testing | PrimaryActivitiesTxt |
| Legal Domicile State | PA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NBME | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C Corp | EntityTypeTxt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
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