2016-04-22T13:41:22-07:00 2015-10-31 990 2014-11-01 231417504 AMERICAN BOARD OF PEDIATRICS INC AMER 9199290461 111 Silver Cedar Court Chapel Hill NC 27514 Ann Hazinski VP and CFO 9199290461 2016-04-22 2014 2016-08-17 19:52:53Z DAVID G NICHOLS MD MBA 111 Silver Cedar Court Chapel Hill NC 27514 31334927 0 X www.abp.org X 1933 DE see Schedule O 15 13 110 250 0 0 0 25299432 26621654 2176880 3777485 62664 69094 27538976 30468233 4161189 0 14129797 15391183 0 0 10995357 10247484 25125154 29799856 2413822 668377 102658677 107308949 34485234 42916824 68173443 64392125 X SEE SCHEDULE O 0 0 3795225 10841625 GENERAL PEDIATRICS INITIAL CERTIFICATION - SEE FULL DESCRIPTION ON SCHEDULE O. THIS DOES NOT INCLUDE GENERAL PEDIATRIC ADMINISTRATIVE EXPENSES OF $ 1,203,341. ADMINSTRATIVE EXPENSES ARE DETAILED IN PART IX COLUMN C. 4982448 4975345 SUBSPECIALTY CERTIFICATION - SEE FULL DESCRIPTION ON SCHEDULE O THIS DOES NOT INCLUDE SUBSPECIALTY CERTIFICATION ADMINSTRATIVE EXPENSES OF $2,076,120. ADMINISTRATIVE EXPENSES ARE DETAILED IN PART IX COLUMN C. 8782088 10644504 MAINTENANCE OF CERTIFICATION (MOC) - SEE FULL DESCRIPTION ON SCHEDULE O. THIS DOES NOT INCLUDE MOC ADMINSTRATIVE EXPENSES OF $ 3,123,663. THESE ADMINSTRATIVE EXPENSES ARE DETAILED IN PART IX COLUMN C. 5191533 4127341 0 TO FUND RESEARCH AND EDUCATIONAL INITIATIVES IN THE PEDIATRIC FIELD 33848 33848 0 MATCH OF STAFF DONATION TO STAFF SELECTED CHARITY - PROGRAM TO PROVIDE SUPPORT AND ASSISTANCE TO CHILDREN WITH INCARCERATED PARENTS IN NORTH CAROLINA 611590 0 229274 INTERNATIONAL EXAMINATIONS AND OTHER ANCILLARY PROGRAMS RELATED TO PEDIATRIC EXAMINATIONS AND CREDENTIALLING OF CANDIDATES 5836971 4161189 229274 23396732 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 306 0 1 110 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X X ANN E HAZINSKI CPA MBA CFO 9199290461 111 Silver Cedar Court Chapel Hill NC 27514 X LAURA M BROOKS MD CHAIR AND PAST CHAIR 11.50 0.50 X X 37386 0 0 DAVID A GREMSE MD SEC/TREASURER & DIRECTOR 3.50 0.50 X X 3564 0 0 A CRAIG HILLEMEIR MD IMMEDIATE PAST CHAIR & DIRECTOR 2.5 0.5 X X 20304 0 0 JOSEPH ST GEME III MD CHAIR ELECT AND CHAIR 8 2 X X 16973 0 0 CHRISTOPHER A CUNHA MD DIRECTOR AND CHAIR ELECT 3.0 0.5 X X 23088 0 0 ANN E BURKE MD DIRECTOR 2.5 0.50 X 12874 0 0 JOHN G FROHNA MD DIRECTOR 2.50 0.50 X 14700 0 0 TIMOTHY FELTES MD DIRECTOR 2.5 0.5 X 1682 0 0 RUTLEDGE HUTSON DIRECTOR AND PUBLIC MEMBER 2.50 0.5 X 11900 0 0 DOUGLAS J BARRETT MD DIRECTOR 2.50 0.50 X 10243 0 0 DAVID JAFFE MD DIRECTOR 2.50 0.5 X 10634 0 0 CAROLYN M KERCSMAR MD DIRECTOR 2.50 0.5 X 8995 0 0 ANNA R KUO MD DIRECTOR 2.50 0.5 X 7000 0 0 VICTORIA F NORWOOD MD DIRECTOR 2.5 0.5 X 4410 0 0 A KIM RITCHEY MD DIRECTOR 2.5 0.5 X 12048 0 0 H STACY NICHOLSON MD DIRECTOR 2.5 0.5 X 4775 0 0 GAIL A MCGUINNESS MD EVP CREDENTIALLING & EXAM ADMIN 49 1 X X 615197 0 60858 DAVID G NICHOLS MD MBA PRESIDENT AND CEO 48 2 X X 551504 0 72497 LAUREL K LESLIE MD MPH DIRECTOR AND VP OF RESEARCH 20 20 X X 0 0 0 LINDA ALTHOUSE PHD VP PSYCHOMETRICS & TESTING 48 2 X 261399 0 67104 CAROL L CARRACCIO MD MA VP COMPETENCY BASED ASSESSMENT 45 5 X 359164 0 53520 HAZEN P HAM PHD VICE PRESIDENT - GLOBAL 50 0 X 232980 0 62340 ANN E HAZINSKI MBA CPA VP FINANCE AND CFO 48 2 X 377994 0 79530 VIRGINIA A MOYER TUCKER MD VP MOC AND QUALITY 49 1 X 387797 0 61974 MICHELE J WALL MA PMP VP OPERATIONS AND COO 49 1 X 281415 0 72784 SANDRA W GAINEY VP - HUMAN RESOURCES 50 0 X 105359 0 29394 DONGMING ZHANG MS MLS VP IT AND INFORMATICS 49.50 0.50 X 174274 0 45252 ALLEN GUBERT DIRECTOR IT TECH 50 0 X 128997 0 37687 L ERIK MEYER DIRECTOR OF TEST DEV 50 0 X 112289 0 47879 KELLY S REDDICK DIRECTOR, IT BUSINESS 50 0 X 128121 0 44143 RACHEL J B TAN PHD DIRECTOR, PYSCHOMETRICS 50 0 X 116737 0 33301 ANN F SMITH CPA SENIOR CONTROLLER 48 2 X 130996 0 39958 JAMES A STOCKMAN III MD SEE SCHEDULE J 8 0 X 793438 0 553 PAUL V MILES MD FORMER VP 0 0 X 127991 0 0 5086228 0 808774 24 1 1 0 PROMETRIC INC P O BOX 223608 PITTSBURG PA 15251 EXAM TESTING SERVICES 1959527 VEREDUS P O BOX 117036 ATLANTA GA 30368 IT/ PROJ MGR CONSLTNG 445404 ROBERT HALF TECHNOLOGY 12400 COLLECTIONS CNTR DR CHICAGO IL 60693 COMP PRGRMMING 399121 PROGRESSIVE CONTRACTING CO INC 143 CHARLOTTE AVE STE 201 SANFORD NC 27330 BUILDING RENOVATION 371771 D'VINCI INTERACTIVE 28 S POTOMAC ST 4TH FLR HAGARSTOWN MD 21740 COMPUTER PROGRAMMING 288858 9 0 GENERAL WRITTEN EXAMS 900099 10841625 10841625 0 0 MAINTENANCE OF CERTIFICATION 900099 10644504 10644504 0 0 SUBSPECIALTY EXAMS 900099 4975345 4975345 0 0 ABMS INTERNATIONAL 900099 86250 86250 0 0 INTERNATIONAL ITE 900099 73930 73930 0 0 0 0 0 0 26621654 1883817 0 0 1883817 0 0 0 0 0 0 0 0 0 0 2750687 9675 0 866694 2750687 -857019 1893668 0 0 1893668 MISCELLANEOUS INCOME 900099 69094 69094 0 0 0 0 0 0 69094 30468233 26690748 0 3777485 X 4161189 4161189 4003999 2721428 1282571 6599445 4462405 2137040 2044748 1385317 659431 2031205 1376141 655064 711786 482235 229551 104401 89972 14429 35400 21951 13449 50483 50483 2343367 2082859 260508 306062 263071 42991 727975 533615 194360 526305 381642 144663 125453 124874 579 1231465 856522 374943 1011638 758023 253615 205476 139210 66266 ABMS DUES AND OTHER MEMBERSHIPS 790005 779877 10128 EXAMINATION RELATED EXPENSES ADA SEAT FEES PUBLISHING 2044466 2044466 0 0 CREDIT CARD PROCESSING 672988 672988 0 0 MISCELLANEOUS 72000 58947 13053 0 29799856 23396732 6403124 0 50 50 7696683 7332299 119596 218351 272060 258135 18250184 7723293 10508145 10526891 83290966 87294974 283530 0 487647 1678249 102658677 107308949 2984863 2962855 25094108 31726444 6406263 8227525 34485234 42916824 X 68173443 64392125 0 0 0 0 68173443 64392125 102658677 107308949 X 668377 -2287179 0 0 0 -2162516 X 0 1 X 1 0 X 511613 511613 0 0 0 0 511613 511613 511613 471830 471830 0 0 0 0 471830 471830 0 0 0 0 983443 983443 X Schedule A, Part III, Line 2 THE AMERICAN BOARD OF PEDIATRICS TAX EXEMPT STATUS WAS CHANGED BY THE IRS FROM A 501(C)6 TO 501(C) 3 ON AUGUST 7, 2015. THEREFORE TOTALS ARE INCLUDED IN COLUMN E FOR THE PERIOD AUGUST 7, 2015- OCTOBER 31, 2015. 0 2130492 2130492 0 10560869 3642016 6918853 0 0 0 0 0 3939685 2991744 947941 0 1619138 1089533 529605 10526891 0 DEFERRED COMPENSATION 995045 DEFERRED PENSION 7232480 8227525 X 28181054 -2868573 0 0 0 -2868573 31049627 0 -581394 -581394 30468233 29799856 0 0 0 0 0 29799856 0 0 0 29799856 Schedule D, Part X, Line 2 THE ABP MAY RECOGNIZE THE TAX BENEFIT FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS ANALYZED ITS TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE. MANAGEMENT BELIEVES THAT THE ABP'S INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE ABP'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE ABP HAS NOT RECORDED ANY TAX ASSETS OR LIABILITIES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES, FOR UNCERTAIN INCOME TAX POSITIONS FOR THE YEARS ENDED OCTOBER 31, 2015 AND 2014. Schedule D, Part XI, Line 4b PRIOR YEARS UNREALIZED LOSSES ON INVESTMENT IN DATA COMMONS OF $581,394 WERE REALIZED IN CURRENT FISCAL YEAR WHEN ABP WITHDREW AS AN EQUITY MEMBER OF THE LLC Central America and the Caribbean 0 0 Program Services IN-TRAINING EXAMS 0 East Asia and the Pacific 0 0 Program Services IN TRAINING EXAMS 0 Europe (including Iceland and Greenland) 0 0 Program Services IN-TRAINING EXAMS 0 Middle East and North Africa 0 0 Program Services IN-TRAINING EXAMS 0 0 0 0 0 0 0 0 0 0 1 AMERICAN BOARD OF PEDIATRICS FOUNDATION INC 111 SILVER CEDAR COURT CHAPEL HILL NC 27514 561520520 501(C)3 4127341 TO FUND RESEARCH AND EDUCATIONAL INITIATIVES IN THE PEDIATRIC FIELD Our Children's Place P O Box 1086 CHAPEL HILL NC 27514 753151152 501(C)3 33848 MATCH OF STAFF DONATION TO STAFF SELECTED CHARITY - PROGRAM TO PROVIDE SUPPORT AND ASSISTANCE TO CHILDREN WITH INCARCERATED PARENTS IN NORTH CAROLINA 2 0 Schedule I, Part I, Line 2 During FY15, the American Board of Pediatrics (ABP) gave 2 grants. The first grant was given to the ABP Foundation (ABPF) which is a supporting organization of the ABP. The ABP Executive Committee also serve as the Executive Committee for the ABPF. In that role they monitor the financial activity and use of grants given to the ABPF. The second grant was given to Our Children's Place as a match of staff donations. Before selecting the charity, the ABP reviews program activity, program needs and spending via the form 990. The ABP communicates with the charity throughout the year. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 LINDA ALTHOUSE PHD VP PSYCHOMETRICS & TESTING 227311 0 2273 0 31815 0 50014 0 17090 0 328503 0 0 0 CAROL L CARRACCIO MD MA VP COMPETENCY BASED ASSESSMENT 329735 0 0 0 29429 0 52650 0 3477 0 415291 0 0 0 HAZEN P HAM PHD VICE PRESIDENT - GLOBAL 204794 0 2048 0 26138 0 45020 0 26770 0 304770 0 0 0 ANN E HAZINSKI MBA CPA VP FINANCE AND CFO 316999 0 0 0 60995 0 52650 0 27487 0 458131 0 0 0 GAIL A MCGUINNESS MD EVP CREDENTIALLING & EXAM ADMIN 505024 0 5050 0 105123 0 52650 0 11316 0 679163 0 0 0 DAVID G NICHOLS MD MBA PRESIDENT AND CEO 570435 0 -43366 0 24434 0 52650 0 19530 0 623683 0 0 0 VIRGINIA A MOYER TUCKER MD VP MOC AND QUALITY 369530 0 0 0 18267 0 52650 0 12432 0 452879 0 0 0 MICHELE J WALL MA PMP VP OPERATIONS AND COO 234614 0 2346 0 44454 0 52650 0 20405 0 354469 0 0 0 DONGMING ZHANG MS MLS VP IT AND INFORMATICS 148462 0 0 0 25812 0 30064 0 16722 0 221060 0 0 0 ALLEN GUBERT DIRECTOR IT TECH 122433 0 1836 0 4728 0 25937 0 10730 0 165664 0 0 0 L ERIK MEYER DIRECTOR OF TEST DEV 117226 0 0 0 -4937 0 23738 0 26978 0 163005 0 0 0 KELLY S REDDICK DIRECTOR, IT BUSINESS 124418 0 3110 0 593 0 26067 0 20711 0 174899 0 0 0 ANN F SMITH CPA SENIOR CONTROLLER 127065 0 0 0 3931 0 26918 0 15196 0 173110 0 0 0 RACHEL J B TAN PHD DIRECTOR, PYSCHOMETRICS 119139 0 0 0 -2402 0 24126 0 10337 0 151200 0 0 0 PAUL V MILES MD FORMER VP 0 0 0 0 127991 0 0 0 0 0 127991 0 127991 0 JAMES A STOCKMAN III MD SEE SCHEDULE J 80809 0 0 0 712629 0 0 0 553 0 793991 0 212363 0 Schedule J, Part I, Line 1a THE ABP PROVIDES THE OPTION OF FIRST CLASS TRAVEL TO THE PRESIDENT, THE EXECUTIVE VICE PRESIDENT, AND THE CHAIRMAN OF THE BOARD OF DIRECTORS. THESE FIRST CLASS TICKETS ARE USUALLY PURCHASED USING UPGRADES. AS PART OF REPORTED TAXABLE INCOME TO COMMITTEE APPOINTEES OR SENIOR MANAGEMENT, THE ABP MAY COVER SPOUSE AIRFARE TO SELECTED ABP BUSINESS MEETINGS. THIS INFORMATION IS REPORTED ON PART VII AND SCHEDULE J UNDER OTHER TAXABLE INCOME. Schedule J, Part I, Line 4 THE ABP PROVIDES A TAXABLE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR SOME SENIOR MANAGEMENT MEMBERS. THE FOLLOWING SUCH BENEFITS WERE PROVIDED IN THE CURRENT TAX YEAR: GAIL A. MCGUINNESS - EXECUTIVE VICE PRESIDENT $10,400 Form 990, Part I, Line 1 THE AMERICAN BOARD OF PEDIATRICS EXISTS TO ADVOCATE FOR AND IMPROVE THE HEALTH OF CHILDREN AS THEY GROW FROM INFANTS TO YOUNG ADULTS BY SETTING STANDARDS FOR PEDIATRIC PRACTICE AND SUPPORTING THE EFFORTS OF PHYSICIANS TO UNDERSTAND AND EMBRACE ADVANCES IN MEDICAL CARE. THE ABP DOES THIS BY ONGOING DESIGN AND EXECUTION OF AN INITIAL CERTIFICATION EXAMINATION TO LICENSED PHYSICIANS WHO HAVE COMPLETED A PEDIATRIC RESIDENCY AND/OR FELLOWSHIP, AND DESIGN OF FURTHER ACTIVITIES AND EXAMINATIONS THAT ALLOW PEDIATRICIANS TO MAINTAIN THEIR CERTIFICATION. Form 990, Part III, Line 1 THE AMERICAN BOARD OF PEDIATRICS (ABP) CERTIFIES GENERAL PEDIATRICIANS AND PEDIATRIC SUBSPECIALISTS BASED ON STANDARDS OF EXCELLENCE THAT LEAD TO HIGH QUALITY HEALTH CARE FOR INFANTS, CHILDREN, AND ADOLESCENTS. ABP CERTIFICATION PROVIDES ASSURANCE TO THE PUBLIC THAT A GENERAL PEDIATRICIAN OR PEDIATRIC SUBSPECIALIST HAS SUCCESSFULLY COMPLETED ACCREDITED TRAINING AND FULFILLS THE CONTINUOUS EVALUATION REQUIREMENTS THAT ENCOMPASS THE SIX CORE COMPETENCIES: PATIENT CARE, MEDICAL KNOWLEDGE, PRACTICE-BASED LEARNING AND IMPROVEMENT, INTERPERSONAL AND COMMUNICATION SKILLS, PROFESSIONALISM, AND SYSTEMS-BASED PRACTICE. THE ABP'S QUEST FOR EXCELLENCE IS EVIDENT IN ITS RIGOROUS EVALUATION PROCESS AND IN NEW INITIATIVES UNDERTAKEN THAT NOT ONLY CONTINUALLY IMPROVE THE STANDARDS OF ITS CERTIFICATION BUT ALSO ADVANCE THE SCIENCE, EDUCATION, STUDY, AND PRACTICE OF PEDIATRICS. Form 990, Part III, Line 4a INITIAL CERTIFICATION IN GENERAL PEDIATRICS: BOARD CERTIFICATION IS A VOLUNTARY PROCESS THAT GOES ABOVE AND BEYONG STATE LICENSING REQUIREMENTS FOR PRACTICING MEDICINE. IT IS AN ONGOING COMMITMENT BY A PHYSICIAN TO CONTINUALLY UPDATE THEIR KNOWLEDGE IN A MEDICAL SPECIALTY, LIKE PEDIATRICS. SINCE IT BEGAN CERTIFYING PEDIATRICIANS IN 1933 THROUGH DECEMBER 31, 2014, THE ABP HAS CERTIFIED 112,059 PEDIATRICIANS. OF THE 4183 PHYSICIANS WHO TOOK THE GENERAL PEDIATRICS CERTIFYING EXAMINATION IN OCTOBER 2015, 76 PERCENT PASSED. TO BECOME CERTIFIED, A PHYSICIAN MUST COMPLETE AN ACCREDITED RESIDENCY TRAINING PROGRAM IN PEDIATRICS. THE DIRECTOR OF THAT TRAINING PROGRAM MUST VERIFY THAT THE PHYSICIAN IS COMPETENT IN ALL AREAS OF PRACTICE, AND THEN THE PHYSICIAN IS ALLOWED TO TAKE THE INITIAL CERTIFYING EXAM. IN ADDITION, BEFORE THE PHYISICIAN IS ALLOWED TO TAKE THE INITIAL CERTIFYING EXAMINATION HE/SHE MUST ALSO HOLD A VALID, UNRESTRICTED LICENSE TO PRACTICE MEDICINE. ONCE THEY HAVE PASSED THE INITIAL EXAMINATION, THEY ARE CERTIFIED BY THE ABP. (SEE 4C BELOW FOR HOW CERTIFICATION IS MAINTAINED). Form 990, Part III, Line 4b INITIAL CERTIFICATION IN PEDIATRIC SUBSPECIALTIES: AFTER RESIDENCY, SOME PEDIATRICIANS ALSO GO ON TO COMPLETE FURTHER ACCREDITED TRAINING IN PEDIATRIC SUBSPECIALTY FELLOWSHIP PROGRAMS. TO BECOME CERTIFIED BY THE ABP IN A SUBSPECIALTY, A PHYSICIAN MUST PASS A SECURE EXAMINATION THAT FOCUSES ON PRACTICE IN THE PARTICULAR SUBSPECIALTY. THE ABP OFFERS CERTIFICATION IN THESE 14 SUBSPECIALTIES: ADOLESCENT MEDICINE; CARDIOLOGY; CHILD ABUSE PEDIATRICS; CRITICAL CARE MEDICINE; DEVELOPMENTAL-BEHAVIORAL PEDIATRICS; EMERGENCY MEDICINE; ENDOCRINOLOGY;GASTROENTEROLOGY; HEMATOLOGY-ONCOLOGY; INFECTIOUS DISEASES; NEONATAL-PERINATAL MEDICINE; NEPHROLOGY; PULMONOLOGY; RHEUMATOLOGY. CERTIFICATIONS ARE AWARDED IN CONJUNCTION WITH OTHER SPECIALTY BOARDS IN THE AREAS OF: HOSPICE AND PALLATIVE MEDICINE, MEDICAL TOXICOLOGY, PEDIATRIC TRANSPLANT HEPATOLOGY, SLEEP MEDICINE, AND SPORTS MEDICINE. THE NUMBER OF PHYSICIANS TAKING THE EXAMS VARIES, DEPENDING ON THE SUBSPECIALTY. PASS RATES FOR THOSE TAKING THE EXAM FOR THE FIRST TIME RANGED FROM 74% TO 88% IN FY2015. 1536 APPLIED FOR SUBSPECIALTY EXAMINATIONS IN FY15. OF THOSE 1536, 1222 PASSED THE EXAMINATION AND BECAME CERTIFIED IN A SUBSPECIALTY Form 990, Part III, Line 4c MAINTENANCE OF CERTIFICATION. AFTER THEIR INITIAL CERTIFICATION, PEDIATRICIANS ARE ENROLLED IN THE MAINTENANCE OF CERTIFICATION (MOC) PROGRAM WHICH CONSISTS OF 4 PARTS: 1) PROFESSIONALISM 2) LIFELONG LEARNING AND SELF-ASSESSMENT 3) ASSESSMENT OF KNOWLEDGE, JUDGEMENT AND SKILLS 4) PRACTICE-BASED LEARNING AND IMPROVEMENT. DIPLOMATES OF THE AMERICAN BOARD OF PEDIATRICS MUST HOLD AN UNRESTRICTED MEDICAL LICENSE IN ORDER TO MAINTAIN CERTIFICATION. IN FISCAL YEAR 2015, THE ABP ADDED 16 NEW LIFELONG LEARNING AND SELF ASSESSMENT MODULES AND 30 ADDITIONAL ACTIVITIES WERE DEVELOPED. MOC REQUIRES THAT PEDIATRICIANS TAKE EXAMINATIONS EVERY 10 YEARS TO ASSESS THEIR KNOWLEDGE AND MEDICAL JUDGEMENT. QUALITY IMPROVEMENT (QI) ACTIVITIES FOR MOC ARE DESIGNED TO ENCOURAGE PEDIATRICIANS TO ASSESS THE QUALITY OF THEIR CARE AND ADOPT MORE EFFICIENT AND EFFECTIVE WAYS TO CARE FOR CHILDREN. IN FISCAL YEAR 2015, THE ABP ADDED 5 NEW PERFORMANCE IMPROVEMENT MODULES (PIMS) AND 7 WEB-BASED PIMS WERE APPROVED. 261 QI PROJECTS FOR LARGE TEAMS (MORE THAN 10 PHYSICIANS) WERE APPROVED OR RENEWED FOR MOC CREDIT. IN ADDITION, 212 QI PROJECTS FOR SMALL TEAMS (10 OR FEWER PHYSICIANS) WERE APPROVED FOR MOC CREDIT. Form 990, Part IV, Line 4 ON AUGUST 7, 2015 THE IRS GRANTED THE AMERICAN BOARD OF PEDIATRICS, INC. (ABP) 501(C)3 STATUS. PRIOR TO THIS DATE THE ABP WAS A CONSIDERED A 501(C)6 TAX EXEMPT ORGANIZATION. Form 990, Part VI, Section B, Line 11b THE CONTROLLER PREPARES THE FORM 990 WHICH IS THEN REVIEWED BY THE CFO. THE RETURN IS THEN REVIEWED BY OUTSIDE TAX COUNSEL FOR COMPLIANCE. AFTER THIS REVIEW, THE FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. BOARD MEMBERS ARE ASKED TO FORWARD ANY COMMENTS, QUESTIONS, OR CONCERNS TO THE CFO SO THAT THEY CAN BE ADDRESSED PRIOR TO FILING THE RETURN. Form 990, Part VI, Section B, Line 12c THE AMERICAN BOARD OF PEDIATRICS HAS A CONFLICT OF INTEREST POLICY COVERING ITS DIRECTORS, COMMITTEE APPOINTEES, OFFICERS, AND KEY EMPLOYEES WHO MUST REVIEW THE POLICY ANNUALLY AND DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST VIA A SIGNED FORM. THE ABP CONFLICT OF INTEREST COMMITTEE REVIEWS AND MONITORS ALL CONFLICT OF INTEREST ISSUES. CONFLICTS OF APPOINTEES AND EMPLOYEES ATTENDING MEETINGS ARE DISCLOSED IN THE MEETING AGENDA MATERIALS AND THOSE WITH CONFLICTS DON'T PARTICIPATE IN THE VOTING ON ANY ISSUE WHERE THEY MAY HAVE A CONFLICT OF INTEREST. THE ABP ALSO MAINTAINS A CONFLICT OF INTEREST POLICY COVERING EMPLOYEES, WHO ARE REQUIRED TO DISCLOSE ANY ACTUAL OR PERCEIVED CONFLICTS OR INTEREST ON AN ANNUAL BASIS VIA A SIGNED STATEMENT. THESE STATEMENTS ARE REVIEWED BY THE VICE PRESIDENT FOR HUMAN RESOURCES AND THE PRESIDENT. EMPLOYEES ARE REMOVED FROM ANY DECISION MAKING ISSUES WHERE A CONFLICT MAY EXIST. Form 990, Part VI, Section B, Line 15 IN 1988 THE ABP BEGAN ENGAGING AN INDEPENDENT COMPENSATION AND BENEFIT CONSULTING FIRM TO ASSIST IN DETERMINING ANNUAL COMPENSATION FOR ALL ABP STAFF, INCLUDING THE PRESIDENT. THE COMPENSATION STRATEGY DESIGNED FOR THE ABP EMPHASIZES PAY FOR PERFORMANCE AND IS BASED UPON THE SYSTEMATIC SLOTTING OF EACH ABP STAFF POSITION ON A GRADED SCALE. PAY FOR EACH GRADE IS THEN DETERMINED BY COMPARING EACH OF THE POSITIONS TO A COMPARABLE POSITION IN THE APPROPRIATE MARKETPLACE. I.E. LOCAL, REGIONAL, OR NATIONAL DEPENDING UPON THE JOB'S RESPONSIBILITIES AND ITS HIERARCHY WITHIN THE ORGANIZATION. A RANGE IS CREATED AROUND PERFORMANCE DICTATES HOW QUICKLY STAFF ADVANCE THROUGH THE GRADE. EACH YEAR, THE CONSULTANT MAKES A FORMAL PRESENTATION TO THE EXECUTIVE COMMITTEE DURING WHICH THE COMPENSATION STRATEGY, BENCHMARKS AND SALARY RECOMMENDATIONS ARE DISCUSSED. FOLLOWING THAT PRESENTATION, THE CONSULTANT MEETS WITH THE EXECUTIVE COMMITTEE IN A CLOSED SESSION, WITHOUT THE PRESENCE OF STAFF, TO REVIEW IN DETAIL THE SALARY BENCHMARKS FOR THE ABP PRESIDENT AND THE PHYSICIAN VICE PRESIDENTS ALONG WITH HIS RECOMMENDATIONS FOR SALARY ADJUSTMENTS FOR THESE POSITIONS. THE COMMITTEE DETERMINES WHETHER OR NOT TO APPROVE THE PROPOSED CHANGES. THESE DECISIONS ARE RECORDED IN THE MINUTES OF THE MEETING, WHICH ARE THEN FORWARDED TO THE CFO FOR IMPLEMENTATION Form 990, Part VI, Section C, Line 19 THESE DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST AS DEEMED APPROPRIATE. WE ARE CONSIDERING OTHER MODES OF DELIVERY VIA THIRD PARTY SITES. Form 990, Part VII, Section A, Line 1a DR. JAMES STOCKMAN STEPPED DOWN AS PRESIDENT OF THE AMERICAN BOARD OF PEDIATRICS ON DECEMBER 31, 2012 AFTER 20 YEARS OF SERVICE TO THE ABP. HE REMAINED ON STAFF AS A SPECIAL ADVISOR WITH THE SAME COMPENSATION PACKAGE UNTIL HE OFFICIALLY RETIRED FROM THE ABP ON DECEMBER 31, 2013. INCLUDED IN HIS W-2 FOR 2014 ARE ACCRUED VACATION AND DEFERRED COMPENSATION PAYOUTS. BEGINNING IN JANUARY 2014 DR STOCKMAN BECAME A CONSULTANT TO THE ABP AS THE QUESTION OF THE WEEK EDITOR WORKING 20% TIME. Form 990, Part IX, Line 11g CONSULTANTS, MEDICAL EDITORS, HONORARIA TO COMMITTEE MEMBERS Form 990, Part XI, Line 9 POST RETIREMENT BENEFIT ADJUSTMENT AMERICAN BOARD OF PEDIATRIC FOUNDATION 111 SILVER CEDAR COURT CHAPEL HILL NC 27514 561520520 SUPPORTING ORGANIZATION NC 501(C) 3 SUPPORTING ORG FILER 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 0 AMERICAN BOARD OF PEDIATRIC FOUNDATION b 4127341 CASH TRANSFER AMERICAN BOARD OF PEDIATRIC FOUNDATION l 624302 ALLOCATED SALARIES AND BENEFITS AMERICAN BOARD OF PEDIATRIC FOUNDATION n 62430 ALLOCATED OCCUPANCY BASED ON STAFF TIME SPENT ON PROGRAM