2018-01-16T08:07:11-06:00 2017-08-31 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2016-09-01 366000057 AMERICAN BOARD OF ORTHOPAEDIC SURGERY AMER 9199297103 400 SILVER CEDAR COURT CHAPEL HILL NC 27514 AARON WHITE CHIEF OPERATING OFFICER 9199297103 2018-01-12 1 IVY BECKHAM P01316131 5712279500 67.137.57.251 2018-01-12 16:51:02 ES P 939926C07207B06E5739D7A3CC5DF497BF659E8D A175373D45E559E55EF517D222C8E1A12593D80C 2016 2021-01-29 14:40:06Z AARON WHITE 400 SILVER CEDAR COURT CHAPEL HILL NC 27514 12578396 0 X WWW.ABOS.ORG X 1934 DE ENSURE SAFE, ETHICAL & EFFECTIVE PRACTICE OF ORTHOPAEDIC SURGERY THRU STANDARDS OF EDU. & EXAM. 19 19 16 300 0 0 0 0 7199538 6608525 1097891 1605683 155645 26487 8453074 8240695 0 0 0 0 2521105 2435864 0 0 0 5234403 5598822 7755508 8034686 697566 206009 37153922 38910449 3092126 2272812 34061796 36637637 TO SERVE THE BEST INTERESTS OF THE PUBLIC AND OF THE MEDICAL PROFESSION BY ESTABLISHING EDUCATIONAL STANDARDS FOR ORTHOPAEDIC RESIDENTS AND BY EVALUATING THE INITIAL AND CONTINUING QUALIFICATIONS AND COMPETENCE OF ORTHOPAEDIC SURGEONS. 0 0 INITIAL CERTIFICATION OF ORTHOPAEDIC SURGEONS:EDUCATIONAL REQUIREMENTS, PEER REVIEW, A WRITTEN EXAM, AND AN ORAL EXAM ARE REQUIRED TO BECOME BOARD CERTIFIED. THERE WERE 689 NEW ORTHOPAEDIC SURGEONS CERTIFIED IN THE FISCAL YEAR ENDED IN 2017. CANDIDATES WHO PASS THE CERTIFICATION REQUIREMENTS BECOME A "DIPLOMATE" OF THE ORGANIZATION FOR 10 YEARS. THE ORGANIZATION HAS A TOTAL 29,006 DIPLOMATES DURING THE MOST RECENTLY COMPLETED FISCAL YEAR. RECERTIFICATION EVERY TEN YEARS:EVERY 10 YEARS DIPLOMATES MUST MEET ADDITIONAL EDUCATIONAL REQUIREMENTS, PEER REVIEW, AND AN EXAM TO RECERTIFY. THERE WERE 1552 DIPLOMATES TO RECERTIFY IN THE FISCAL YEAR ENDING IN 2017. SUBSPECIALTY CERTIFICATION:CERTIFICATION OF SPORTS AND HAND SUB-SPECIALTY CERTIFICATES AFTER INITIAL CERTIFICATION IS COMPLETE. SPORTS SUBSPECIALTY CERTIFICATES 100. HAND SUBSPECIALTY CERTIFICATES 99. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 53 0 16 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KATHY CLARK CONTROLLER 9199297103 400 SILVER CEDAR COURT CHAPEL HILL NC 27514 JAMES R ROBERSON MD PRESIDENT 2.00 X X 1816 0 0 PETER MURRAY MD PRESIDENT-ELECT 2.00 X X 4863 0 0 DOUGLAS LUNDY MD TREASURER 2.00 X X 402 0 0 TERRANCE D PEABODY MD SECRETARY 2.00 X X 2367 0 0 ANNUNZIATO AMENDOLA MD SENIOR DIRECTOR 2.00 X 0 0 0 J LAWRENCE MARSH MD SENIOR DIRECTOR 2.00 X 3660 0 0 JAMES E CARPENTER MD SENIOR DIRECTOR 2.00 X 7261 0 0 REGIS J O'KEEFE MD SENIOR DIRECTOR 2.00 X 5715 0 0 SANFORD E EMERY MD MBA SENIOR DIRECTOR 2.00 X 1761 0 0 STEPHEN A ALBANESE MD SENIOR DIRECTOR 2.00 X 4222 0 0 THOMAS P VAIL MD SENIOR DIRECTOR 2.00 X 0 0 0 ANN E VANHEEST MD DIRECTOR 2.00 X 2058 0 0 CHARLES L SALTZMAN MD DIRECTOR 2.00 X 1925 0 0 GREGORY MENCIO MD DIRECTOR 2.00 X 622 0 0 JOHN M FLYNN MD DIRECTOR 2.00 X 2658 0 0 JOSHUA J JACOBS MD DIRECTOR 2.00 X 0 0 0 MICHAEL S BEDNARMD DIRECTOR 2.00 X 1627 0 0 RICK W WRIGHT MD DIRECTOR 2.00 X 1945 0 0 JACK B EVANS PUBLIC MEMBER DIRECTOR 2.00 X 2705 0 0 JUDITH BAUMHAUER MD SENIOR DIRECTOR (UNTIL 10/2016) 2.00 X 0 0 0 MICHELLE JAMES MD SENIOR DIRECTOR (UNTIL 10/2016) 2.00 X 0 0 0 AARON WHITE CHIEF OPPERATING OFFICER 40.00 X 203021 0 70166 SHEPARD HURWITZ MD EXECUTIVE DIRECTOR (UNTIL 02/2017) 40.00 X 503227 0 101079 DAVID F MARTIN MD EXECUTIVE MEDICAL DIRECTOR 40.00 X 136378 0 18128 PARTICIA SCALF EXAMS ADMINISTRATOR 35.00 X 135274 0 53804 KATHRYN CLARK CONTROLLER 35.00 X 106732 0 57752 1130239 0 300929 5 0 1 0 NBME 3750 MARKET STREET PHILADELPHIA PA 19104 TEST DEVELOPMENT 1486166 WEB DATA SOLUTIONS 930 YORK ROAD SUITE 102 HINSDALE IL 60521 IT SUPPORT AND DESIGN 1172938 VEDDER PRICE 222 NORTH LASALLE STREET CHICAGO IL 60601 LEGAL REPRESENTATION 282630 3 EXAMS AND APPLICATION 900099 6608525 6608525 6608525 602849 602849 156651 130164 26487 26487 26487 5210371 4207537 1002834 1002834 1002834 8240695 6608525 0 1632170 1228700 724280 129300 249061 104523 243018 36611 86144 769664 1291 239028 106788 167164 843437 337195 86145 TEST DEVELOPMENT 1230624 SITE EXPENSE 408136 EXAMINERS 374443 DUES AND MEMBERSHIPS 204762 464372 8034686 2586180 999392 683783 1126162 80176 104009 445865 632971 5423689 3247569 1832191 2176120 31370739 33840487 154988 31308 37153922 38910449 2094445 1332894 20325 0 809599 895841 167757 44077 3092126 2272812 X 34061796 36637637 34061796 36637637 37153922 38910449 206009 2369832 0 X 0 1 X 1 0 235412 235412 2551065 1680823 870242 1017732 821575 196157 1619480 745171 874309 2176120 DEPOSITS 12769 DEFERRED COMPENSATION 31308 44077 X 16176547 2369832 5522000 7891832 8284715 86144 -130164 -44020 8240695 13600706 5522000 130164 5652164 7948542 86144 86144 8034686 PART X, LINE 2: THE ORGANIZATION ADOPTED A POLICY THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE POLICY PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE RECOGNIZED. THE IMPLEMENTATION OF THIS POLICY HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -130,164. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 130,164. X X X 1 1 X X X X X X 0 0 0 AARON WHITE CHIEF OPPERATING OFFICER 192400 0 8291 0 2330 0 50600 0 19566 0 273187 0 0 0 SHEPARD HURWITZ MD EXECUTIVE DIRECTOR (UNTIL 02/2017) 498363 0 0 0 4864 0 61250 0 39829 0 604306 0 0 0 DAVID F MARTIN MD EXECUTIVE MEDICAL DIRECTOR 111000 0 25310 0 68 0 9000 0 9128 0 154506 0 0 0 PARTICIA SCALF EXAMS ADMINISTRATOR 120000 0 12737 0 2537 0 30250 0 23554 0 189078 0 0 0 KATHRYN CLARK CONTROLLER 101960 0 2965 0 1807 0 25740 0 32012 0 164484 0 0 0 PART I, LINE 1A MEMBERS OF THE GOVERNING BODY HAVE THE ABILITY TO INCLUDE A SPOUSE TO TRAVEL WITH THEM FOR VARIOUS ORGANIZATION BUSINESS. THESE AMOUNTS ARE DEEMED GROSS-UP PAYMENTS AND INCLUDED IN THE TAXABLE INCOME OF THE APPROPRIATE INDIVIDUALS. IN ADDITION, THE ORGANIZATION MAY HAVE INSTANCES WHEN FIRST-CLASS TRAVEL IS NECESSARY FOR CONDUCTING ORGANIZATION BUSINESS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE FOLLOWING BOARD MEMBERS: THE PRESIDENT AS CHAIR, THE IMMEDIATE PAST-PRESIDENT, PRESIDENT-ELECT, SECRETARY, AND TREASURER. THE EXECUTIVE MEDICAL DIRECTOR AND CHIEF OPERATING OFFICER SERVE AS EX-OFFICIO MEMBERS WITHOUT VOTE. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO CARRY OUT THE BUSINESS AND FUNCTIONS OF THE ORGANIZATION BETWEEN MEETINGS OF THE BOARD AND REPORTS ANY SUCH ACTIONS TO THE BOARD FOR RATIFICATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION CONTRACTS WITH A PUBLIC ACCOUNTING FIRM TO PREPARE THE FORM 990 BASED ON INFORMATION OBTAINED FROM MANAGEMENT AND DURING THE FINANCIAL AUDIT. ONCE THE DRAFT IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE. THE FORM 990 IS THEN PROVIDED TO THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL AMERICAN BOARD OF ORTHOPAEDIC SURGERY (ABOS) DIRECTORS, EXECUTIVE MEDICAL DIRECTOR AND CHIEF OPERATING OFFICER ARE COVERED BY CONFLICT OF INTEREST POLICY. THE EXECUTIVE DIRECTOR AND THE EXECUTIVE COMMITTEE REVIEW THE FORMS. EACH DIRECTOR AND THE TWO EXECUTIVES MUST FILL OUT A FORM ANNUALLY, AND ARE OBLIGED TO REPORT SIGNIFICANT CHANGES TO THE ABOS STAFF IN WRITING. THE FORMS ARE STORED ON A PASSWORD PROTECTED LOCATION ON THE ABOS WEBSITE THAT IS AVAILABLE FOR ALL THE DIRECTORS. THE PERSON WHO IS CONFLICTED IS EXCUSED FROM DISCUSSION AND DECISIONS CONCERNING THE CONFLICTED PARTY. ANY CONFLICT WILL BE DOCUMENTED IN THE MEETING MINUTES OF THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 15 WITH THE HIRING OF THE EXECUTIVE MEDICAL DIRECTOR AND CHIEF OPERATING OFFICER, AN OUTSIDE EMPLOYMENT AGENCY WAS UTILIZED FOR THE PROCESS. THE EXECUTIVE COMMITTEE OF THE ORGANIZATION DETERMINES ANY COMPENSATION AND BONUS ADJUSTMENTS EACH YEAR BASED ON PERFORMANCE AND OTHER BENCHMARKING. THE PROCESS WAS LAST UNDERTAKEN IN 2016. FORM 990, PART VI, SECTION B, LINE 15B: FOR ALL OTHER EMPLOYEES, THE CHIEF OPERATING OFFICER DETERMINES THE COMPENSATION LEVEL BASED ON COMPARABILITY DATA AND CURRENT PERFORMANCE. THIS PROCESS IS PERFORMED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.