2018-05-10T07:59:01-07:00 2017-12-31 990 2017-01-01 231352238 National Board of Medical Examiners NATI 2155909500 3750 Market Street Philadelphia PA 19104 Peter J Katsufrakis President 2018-05-10 2017 2022-09-23 18:48:47Z 222853776 false false X www.nbme.org X 1915 DC The mission of NBME is to protect the health of the public through state of the art assessment of health professionals. 12 11 604 758 230338 0 151101701 153939975 7200241 21421576 -46539 230338 158255403 175591889 428005 437457 0 83197050 83484189 0 0 78079412 83629264 161704467 167550910 -3449064 8040979 333550555 361484921 205247823 183848220 128302732 177636701 X 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. false false 99619676 110498709 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. 15050054 30499492 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. 13364880 10764047 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. 6309949 322008 2177717 134344559 true false false true false false false false false true true false false false true true false true false true true true false false false false false true false true true false false false false false false false false true false false false false false false true false false false true 490 0 true 604 true true true false false false false false false 0 false false false false false false false false false false X 12 11 false false false false true true true true true false false true true true true true true true true true true X X John J Hinke Jr 2155909500 3750 Market Street Philadelphia PA 191043102 Donald E Melnick President (Ret) 25.00 0.00 X X 932255 0 186418 Lewis R First Past Chair 3.00 0.00 X 3387 0 0 Lynn M Cleary Vice Chair 4.00 0.00 X X 1850 0 0 Suzanne T Anderson Chair 4.00 0.00 X X 4307 0 0 Joseph P Grande Director 3.00 0.00 X 1700 0 0 Paul M Wallach Vice Chair 3.00 0.00 X X 0 0 0 Latha Chandran Director 3.00 0.00 X 1650 0 0 Monica L Lypson Director 3.00 0.00 X 650 0 0 Paul Cunningham Director 3.00 0.00 X 0 0 0 Donna Elliot Mills Director 3.00 0.00 X 1820 0 0 Peter J Katsufrakis President 45.00 0.00 X X 571025 0 252267 Reena Karani Director 3.00 0.00 X 4800 0 0 Patricia M Mastors Director 3.00 0.00 X 1250 0 0 Janelle A Rhyne Director 3.00 0.00 X 2350 0 0 Nuno Sousa Director 3.00 0.00 X 1975 0 0 Alfred F Tallia Treasurer 4.00 0.00 X X 4844 0 0 Alison J Whelan Director 3.00 0.00 X 2000 0 0 Susan A Deitch Secretary 45.00 0.00 X 144165 0 99207 Lisa M Rawding SVP, Assmt Prgm 45.00 0.00 X 45433 0 4534 Frank J Bilotta SVP & CIO 45.00 1.00 X 346794 0 164141 Elizabeth D Azari SVP, Operations 45.00 0.00 X 343783 0 219397 John J Hinke Jr CFO 45.00 0.00 X 283827 0 153967 Shelley Z Green General Counsel 45.00 0.00 X 320043 0 95509 Kenneth E Cotton Secretary (Ret) 45.00 0.00 X 42201 0 575857 Craig N Mills SVP, Prof Svcs 45.00 0.00 X 388887 0 126211 Stephen G Clyman SVP, R&D 45.00 0.00 X 471074 0 219778 Steven A Haist VP, Test Dev Svcs 45.00 0.00 X 404151 0 148920 Gerard F Dillon VP, Licensure (Ret) 45.00 0.00 X 105517 0 276751 Agata P Butler VP, Domestic Markets 45.00 0.00 X 253926 0 229153 Thomas A Rebbecchi VP, Products & Svcs 45.00 0.00 X 315636 0 155593 Kim E LeBlanc Executive Director, CSEC 45.00 0.00 X 469352 0 241702 Michael A Barone VP, Licensure 45.00 0.00 X 158887 0 14920 Brian E Clauser VP, Cen Adv Assmt 45.00 0.00 X 282414 0 115303 Michael G Jodoin VP, Psychometrics 45.00 0.00 X 265898 0 92552 Sumit Nair VP, App Svcs 45.00 0.00 X 260249 0 103062 Miguel A Paniagua Medical Advisor 45.00 1.00 X 314450 0 122038 Margaret B Anderson VP, Int'l Markets 45.00 0.00 X 308266 0 129359 7060816 3726639 207 false true false Internet Testing Systems ITS LLC 3000 Chestnut Avenue Suite 401 Baltimore MD 21211 Testing Services 3535765 44 New England Management Company Hotel on Rittenhouse Square 210 W Philadelphia PA 19103 Hotel Accommodations 746673 MissionStaff LLC 100 N 18th Street Suite 810 Philadelphia PA 19103 Employment Services 722141 Eliassen Group LLC 30 Audubon Road Wakefield MA 01880 Employment Services 710456 Beacon Hill Staffing Group 2 Logan Square Suite 300 Philadelphia PA 19103 Employment Services 579224 14 0 Health Prof Organizations 10764047 10764047 Medical School Services 30499492 30499492 Other 2177727 2177727 USMLE 110498709 110498709 153939975 5711270 5711270 0 0 860554 630216 230338 230338 230338 62318782 23195 46553782 77889 15765000 -54694 15710306 -54694 15765000 0 0 0 0 175591889 153885281 230338 21476270 330302 330302 0 107155 107155 0 5937806 2190847 3746959 0 47136404 35931672 11204732 16636568 12677065 3959503 10145826 8431186 1714640 3627585 3014525 613060 0 977923 834868 143055 102000 102000 0 0 282083 282083 10880735 10134182 746553 292841 292841 925568 705283 220285 6078931 815824 5263107 0 1451180 1180728 270452 820431 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147423581 156330526 159651245 737286130 0.96580 0.96580 0.03420 0.03420 X false false false true false true 427 false false false false false 427 false false Part II-B, Line 1i - Other Activities Description 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. 8901457 20000000 5187319 351478 64004 33673294 8480397 718605 297545 8901457 9164928 -161949 522582 8480397 9024725 442351 302148 9164928 7927518 1349468 252261 9024725 1.00000 false false false 1992585 1228893 3221478 9400756 71181719 29219170 51363305 25773621 21620403 4153218 9288412 7627859 1660553 60398554 Accrued Pension Cost 86934087 Capital Lease 324745 Collaboration Payable 1333447 Deferred Compensation Plans 3600577 Post-retirement Health Benefits Payable 1127726 93320582 X 175093522 20292995 20292995 154800527 20791362 20791362 175591889 167859116 630214 630214 167228902 322008 322008 167550910 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 Europe 0 0 Program Services See Part V 36885 North America 0 0 Program Services See Part V 9207 Middle East 0 0 Program Services See Part V 7523 East Asia/Pacific 0 0 Program Services See Part V 4183 South America 0 0 Program Services See Part V 10376 Cent Amer/Caribbean 0 0 Program Services See Part V 2700 Sub-Saharan Africa 0 0 Program Services See Part V 700 Russia and Neighboring States 0 0 Program Services See Part V 8089 79663 79663 North America See Part V 58038 Check Cash North America See Part V 78404 Check Cash 2 true false false false false true true Rutgers Robert Wood Medical 125 Patterson Street New Brunswick NJ 08903 226001086 501(c)(3) 7000 0 Contribution-See Part IV Univ City District 3940-42 Chestnut Street Philadelphia PA 19104 232913784 501(c)(3) 56700 0 Contribution-See Part IV Univ of Iowa 2 Gilmore Hall Iowa City IA 52242 426004813 501(c)(3) 74358 0 Grant-See Part IV Univ Wisconsin Medical School PO Box 78047 Milwaukee WI 53278 391805963 501(c)(3) 65857 0 Grant - See Part IV University of Minnesota PO Box 1450 Minneapolis MN 55471 416007513 501(c)(3) 74821 0 Grant - See Part IV Virginia Mason Med Center 1100 9th Avenue Seattle WA 98101 910565539 501(c)(3) 50000 0 Contribution-See Part IV 6 0 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. X X X X true true X X X X X X false true false false false false false false false false Agata P Butler VP, Domestic Markets 253867 59 204718 24435 483079 Brian E Clauser VP, Cen Adv Assmt 270644 3316 8454 90732 24571 397717 Craig N Mills SVP, Prof Svcs 376512 12375 101856 24355 515098 Donald E Melnick President (Ret) 258431 673824 172023 14395 1118673 Elizabeth D Azari SVP, Operations 303360 40423 194903 24494 563180 Frank J Bilotta SVP & CIO 328034 18760 134038 30103 510935 Gerard F Dillon VP, Licensure (Ret) 101493 1000 3024 270868 5883 382268 John J Hinke Jr CFO 279839 3988 123904 30063 437794 Kenneth E Cotton Secretary (Ret) 40012 2189 573968 1889 618058 Kim E LeBlanc Executive Director, CSEC 399697 69655 218235 23467 711054 Margaret B Anderson VP, Int'l Markets 291004 17262 117128 12231 437625 Michael A Barone VP, Licensure 131154 30000 -2267 2446 12474 173807 Michael G Jodoin VP, Psychometrics 271960 -6062 62546 30006 358450 Miguel A Paniagua Medical Advisor 311191 3259 92083 29955 436488 Peter J Katsufrakis President 553877 17148 240138 12129 823292 Shelley Z Green General Counsel 285206 34837 70921 24588 415552 Stephen G Clyman SVP, R&D 361040 939 109095 189684 30094 690852 Steven A Haist VP, Test Dev Svcs 348556 55595 118774 30146 553071 Sumit Nair VP, App Svcs 260113 3962 -3826 73058 30004 363311 Susan A Deitch Secretary 134225 9940 87824 11383 243372 Thomas A Rebbecchi VP, Products & Svcs 308821 6815 125515 30078 471229 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. A Phila Auth for Ind Dev 232237287 71781XBU6 2016-08-17 33180000 Refunding of 08/2008 Bonds false false false A 38013614 37489804 523810 false true true true A false false false false false false A false true false false false false false false false A true Part VI Part IV Arbitrage line 2, column A - Arbitrage calculation is due in August 2021 Drew P Dillon Family-Key 92819 Employee false 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 Data Commons LLC 2450 N Street NW Washington DC 20037 371708236 Health Education Data Exchange DE NA -10580 2919 false false 0.25000 Computer-Based Testing & Learning Corp 3750 Market Street Philadelphia PA 19104 232447706 Comp-based Testing PA NBME C Corp 1.00000 false false false false false false false false false false false false false false false false false false false false