AMERICAN BOARD OF MEDICAL SPECIALTIES RESEARCH & EDUCATION F: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
AMERICAN BOARD OF MEDICAL SPECIALTIES RESEARCH & EDUCATION F (EIN 23-7304902)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-11-12
IRS object ID
201523169349301787
Schema version
2014v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2015-11-12T10:22:15-06:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN381357951PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PLANTE & MORAN PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110 S RIVERSIDE PLAZA 9TH FLOORAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237304902EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN BOARD OF MEDICAL SPECIALTIESBusinessNameLine1Txt
Business Name Line2RESEARCH AND EDUCATION FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlAMERBusinessNameControlTxt
Phone3124362600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1353 NORTH CLARK STREET NO 1400AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60654ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLOIS MARGARET NORA MD JD MBAPersonNm
Person TitlePRESIDENT AND CEOPersonTitleTxt
Phone3124362600PhoneNum
Signature2015-10-27SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLU ANN TRAPPPreparerPersonNm
PTINP01506476PTIN
Phone3122071040PhoneNum
Preparation2015-10-27PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLOIS MARGARET NORA MD JPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1353 NORTH CLARK STREET NO 1400AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60654ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,722,742GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1973FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionSEE SCHEDULE O EXPLANATIONTHE ABMS-REF INITIATES OR PARTNERS WITH ACADEMIC, HEALTHCARE, FOUNDATION AND GOVERNMENT ENTITIES TO EXPLORE THE CURRENT QUALITY OF HEALTHCARE AND TO DEVELOP WAYS TO IMPROVE IT THROUGH EXCELLENCE IN CLINICAL MEDICINE, CONTINUING EDUCATION AND RESEARCH.EDUCATIONCONDUCTING AND FACILITATING EDUCATION INITIATIVES REGARDING THE VALUE OF CERTIFICATION AND MAINTENANCE OF CERTIFICATION (MOC) FOR THE PUBLIC, THE PROFESSION AND OTHER STAKEHOLDERS. OUTREACH THROUGH CONFERENCES, PUBLICATIONS, GUEST SPEAKERS, AND WEBINARS. CONTENT FOR ARTICLES, RESEARCH AND PUBLICATIONS.RESEARCHIDENTIFY RELIABLE, VALID AND COST EFFECTIVE TOOLS FOR ASSESSING PRACTICE PERFORMANCE OF PHYSICIAN SPECIALISTS, INCLUDING RESEARCH PROGRAMS OR SERVICES UNDER GRANTS.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers34TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,887,000PYContributionsGrantsAmt
CY Contributions Grants$1,338,000CYContributionsGrantsAmt
PY Program Service Revenue$638,604PYProgramServiceRevenueAmt
CY Program Service Revenue$384,742CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,525,604PYTotalRevenueAmt
CY Total Revenue$1,722,742CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$912,880PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$411,747CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,063,708PYOtherExpensesAmt
CY Other Expenses$645,834CYOtherExpensesAmt
PY Total Expenses$1,976,588PYTotalExpensesAmt
CY Total Expenses$1,057,581CYTotalExpensesAmt
PY Revenues Less Expenses$549,016PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$665,161CYRevenuesLessExpensesAmt
Total Assets BOY$428,688TotalAssetsBOYAmt
Total Assets EOY$203,925TotalAssetsEOYAmt
Total Liabilities BOY$1,667,493TotalLiabilitiesBOYAmt
Total Liabilities EOY$777,569TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$1,238,805NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$573,644NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE FOUNDATION SHALL BE TO SUPPORT THE SCIENTIFIC, SCHOLARLY AND PUBLIC EDUCATION PURPOSES OF THE AMERICAN BOARD OF MEDICAL SPECIALTIES (1) BY ENCOURAGING AND CONDUCTING RESEARCH TO IMPROVE THE CAPACITY TO MEASURE, ASSESS, AND EVALUATE THE EDUCATIONAL, SCIENTIFIC, CLINICAL AND PROFESSIONAL QUALIFICATIONS AND PERFORMANCE OF PHYSICIANS ENGAGED IN THE PRACTICE OF MEDICAL SPECIALTIES: (2) BY CONDUCTING EDUCATIONAL PROGRAMS AND DISSEMINATING INFORMATION TO THE PUBLIC TO ASSIST ITS RECOGNITION, EVALUATION AND UNDERSTANDING OF THE SIGNIFICANCE AND IMPORTANCE OF INITIAL CERTIFICATION, OF SUB CERTIFICATION AND OF MAINTENANCE OF CERTIFICATION OF PHYSICIANS ENGAGED IN THE PRACTICE OF MEDICAL SPECIALTIES: (3) BY FOSTERING NATIONAL AND INTERNATIONAL COOPERATION AND THE EXCHANGE OF INFORMATION RELATED TO INITIAL CERTIFICATION AND MAINTENANCE OF CERTIFICATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$439,383ExpenseAmt
Revenue$0RevenueAmt
DescTHE AMERICAN BOARD OF MEDICAL SPECIALTIES RESEARCH AND EDUCATION FOUNDATION WORKED ON DEVELOPMENT OF RESOURCES AND PROGRAMS TO BENEFIT THE HEALTH CARE COMMUNITY. THIS INCLUDED FURTHER DEVELOPING AN ONLINE, PUBLICLY ACCESSIBLE RESEARCH DATABASE PROVIDING RESOURCES ON MAINTENANCE OF CERTIFICATION, BOARD CERTIFICATION, QUALITY IMPROVEMENT, AND CONTINUING MEDICAL EDUCATION; FORMING RESEARCH COLLABORATIONS WITH EXTERNAL INSTITUTIONS; AND DEVELOPING A VISITING SCHOLARS PROGRAM TO PROVIDE GRANTS (AS WELL AS ONGOING MENTORSHIP AND SUPPORT) TO THOSE WORKING ON RESEARCH PROJECTS IN THE EARLY STAGES OF THEIR MEDICAL CAREERS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$263,124ExpenseAmt
Revenue$281,518RevenueAmt
DescIMPROVING PERFORMANCE IN PRACTICE (IPIP), ALIGNING FORCES FOR QUALITY (AF4Q):THE AMERICAN BOARD OF MEDICAL SPECIALTIES RESEARCH AND EDUCATION FOUNDATION CONTINUED TO REFINE AND IMPLEMENT THE IMPROVING PERFORMANCE IN PRACTICE (IPIP), A PROGRAM CONCEIVED SEVEN YEARS AGO WITH A GRANT FROM ROBERT WOOD JOHNSON (RWJF), THAT CREATED MODELS OF SUPPORT AND COACHING THAT HELPS PRIMARY CARE PHYSICIANS TO IMPROVE OUTCOMES FOR PATIENTS USING PROVEN MEDICAL SYSTEMS AND PROCEDURES. IN 2014, THE FOCUS WAS ON AMBULATORY QUALITY IMPROVEMENT (Q1) IN THE ALIGNING FORCES FOR QUALITY PROGRAM (AF4Q).Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$92,753ExpenseAmt
Revenue$103,224RevenueAmt
Desc1) CMS EPISODE GROUPER THROUGH BRANDEIS UNIVERSITY; 2) PEDIATRIC MEASUREMENT CENTER OF EXCELLENCE (PMCOE) THROUGH MEDICAL COLLEGE OF WISCONSIN: THE AMERICAN BOARD OF MEDICAL SPECIALTIES RESEARCH AND EDUCATION FOUNDATION PARTICIPATED IN CONTRACTS TO: ASSIST IN DEVELOPING A PROTOTYPE OF AN EPISODE GROUPER SOFTWARE AND A BUILD-OUT OF THE FULL EPISODE GROUPER SYSTEM FOR USE IN IMPLEMENTING VALUE BASED PURCHASING FOR THE MEDICARE POPULATION; AND TO DEVELOP A CORE SET OF MEASURES FOR CHILDREN'S HEALTH CARE USING PROVEN METHODOLOGIES. BOTH CONTRACTS AIM TO IMPROVE EFFICIENCY AND COST SAVINGS WHILE MAINTAINING A HIGH QUALITY OF CARE.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$600ExpenseAmt
DescGENERAL RESEARCH INTO FACTORS THAT STRENGTHEN PHYSICIANS' CERTIFICATION PROGRAMS TO PROVIDE BETTER AND MORE COST EFFECTIVE PATIENT CARE BY FOCUSING ON MATCHING TRAINING TO OUTCOMES.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$600TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$795,860TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
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Operate Hospital0OperateHospitalInd
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Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
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Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LAURA SKARNULISBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3124362694PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1353 NORTH CLARK STREET STE 1400AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60654ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (51 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
VALERIE M PARISI MD MPH MBA
CHAIR0.504.00Yes (X)Yes (X)$0$25,000$0
THOMAS E NORRIS MD
IMMEDIATE PAST CHAIR0.504.00Yes (X)Yes (X)$0$6,250$0
JOHN G CLARKSON MD
SECRETARY-TREASURER0.504.00Yes (X)Yes (X)$0$0$0
LOIS MARGARET NORA MD JD MBA
PRESIDENT & CEO4.0046.00Yes (X)Yes (X)$0$717,426$45,579
JOHN MOORHEAD MD
CHAIR ELECT0.504.00Yes (X)Yes (X)$0$18,750$0
PAMELA J BOYERS MA PHD
MEMBER0.101.00Yes (X)$0$0$0
SUSAN DENTZER
MEMBER0.101.00Yes (X)$0$0$0
THOMAS W HESS JD
MEMBER0.101.00Yes (X)$0$0$0
EVE KURTIN PHARMD
MEMBER0.501.00Yes (X)$0$0$0
JAMES G LIFTON MBA
MEMBER0.101.00Yes (X)$0$0$0
MARGARET E O'KANE MHS
MEMBER0.101.00Yes (X)$0$0$0
GARY J BECKER MD
MEMBER0.101.00Yes (X)$0$0$0
MIRIAM BLITZER PHD
MEMBER0.101.00Yes (X)$0$0$0
JO BUYSKE MD
MEMBER0.101.00Yes (X)$0$0$0
MICHAEL L CARIUS MD
MEMBER0.101.00Yes (X)$0$0$0
DANIEL J COLE MD
MEMBER0.101.00Yes (X)$0$0$0
KIRK FREY MD PHD
MEMBER0.101.00Yes (X)$0$0$0
LARRY C GILSTRAP MD
MEMBER0.101.00Yes (X)$0$0$0
LARRY A GREEN MD
MEMBER0.501.00Yes (X)$0$0$0
ANNE-MARIE IRANI MD
MEMBER0.101.00Yes (X)$0$0$0
REBECCA L JOHNSON MD
MEMBER0.101.00Yes (X)$0$0$0
GERALD H JORDAN MD
MEMBER0.101.00Yes (X)$0$0$0
DENECE O KESLER MD
MEMBER0.101.00Yes (X)$0$0$0
LYNN O LANGDON MS
MEMBER0.101.00Yes (X)$0$0$0
JOHN E MAYER JR MD
MEMBER0.101.00Yes (X)$0$0$0
GAIL MCGUINNESS MD
MEMBER0.101.00Yes (X)$0$0$0
STANLEY J MILLER MD
MEMBER0.101.00Yes (X)$0$0$0
ROBERT H MILLER MD MBA
MEMBER0.101.00Yes (X)$0$0$0
R BARRETT NOONE MD
MEMBER0.101.00Yes (X)$0$0$0
TAE SUNG PARK MD
MEMBER0.101.00Yes (X)$0$0$0
TERRANCE D PEABODY MD
MEMBER0.101.00Yes (X)$0$0$0
BARBARA S SCHNEIDMAN MD MPH
MEMBER0.101.00Yes (X)$0$0$0
DAVID J SCHOETZ JR MD
MEMBER0.101.00Yes (X)$0$0$0
BARRY S SMITH MD
MEMBER0.101.00Yes (X)$0$0$0
DAVID J WILSON MD
MEMBER0.101.00Yes (X)$0$0$0
JOHN R BOULET PHD
MEMBER0.500.00Yes (X)$0$0$0
STEVEN J DURNING MD PHD
MEMBER0.500.00Yes (X)$0$0$0
CATHERINE A MARCO MD
MEMBER0.500.00Yes (X)$0$0$0
MARY E POST MBA CAE
MEMBER0.500.00Yes (X)$0$0$0
CARLA M PUGH MD PHD
MEMBER0.500.00Yes (X)$0$0$0
LIANA PUSCAS MD
MEMBER0.500.00Yes (X)$0$0$0
LAURA SKARNULIS
COO4.0046.00Yes (X)$0$312,291$51,927
LISA WASSERMAN
CFO (1/1 - 7/31)4.0046.00Yes (X)$0$212,144$19,315
YOLANDA DANIEL
CFO (10/1 - 12/31)4.0046.00Yes (X)$0$57,864$5,822
JOHN MANDELBAUM
CHIEF LEGAL OFFICER4.0046.00$0$246,908$47,252Yes (X)
KATHLEEN RUFF
CHIEF OF STAFF4.0046.00$0$238,849$32,586Yes (X)
JENNIFER MICHAEL
CIO4.0046.00$0$211,000$17,050Yes (X)
MIRA IRONS
SVP ACADEMIC AFFAIRS4.0046.00$0$321,492$41,953Yes (X)
THOMAS GRANATIR
SVP POLICY & EXT. RELATION4.0046.00$0$234,450$45,840Yes (X)
KRISTA ALLBEE
VP INTERNATIONAL PROG.4.0046.00$0$190,846$31,884Yes (X)
CAROL CLOTHIER
VP PUBLIC AFFAIRS4.0046.00$0$183,358$26,049Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$2,976,628TotReportableCompRltdOrgAmt
Total Other Compensation$365,257TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Related Organizations$1,338,000RelatedOrganizationsAmt
Total Contributions$1,338,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescRESEARCH & EDUCATION CDesc
Business900099BusinessCd
Total Revenue Column$384,742TotalRevenueColumnAmt
Related Or Exempt Func Income$384,742RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$384,742TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,722,742TotalRevenueColumnAmt
Related Or Exempt Func Income$384,742RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$284,790TotalAmt
Program Services$256,311ProgramServicesAmt
Management And General$28,479ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$38,528TotalAmt
Program Services$34,675ProgramServicesAmt
Management And General$3,853ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$55,153TotalAmt
Program Services$49,638ProgramServicesAmt
Management And General$5,515ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$33,276TotalAmt
Program Services$29,948ProgramServicesAmt
Management And General$3,328ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$228TotalAmt
Program Services$205ProgramServicesAmt
Management And General$23ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,246TotalAmt
Program Services$7,421ProgramServicesAmt
Management And General$825ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$304,078TotalAmt
Program Services$273,670ProgramServicesAmt
Management And General$30,408ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$22,759TotalAmt
Program Services$20,483ProgramServicesAmt
Management And General$2,276ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$7,453TotalAmt
Program Services$6,708ProgramServicesAmt
Management And General$745ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$77,702TotalAmt
Program Services$69,932ProgramServicesAmt
Management And General$7,770ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$8,526TotalAmt
Program Services$7,673ProgramServicesAmt
Management And General$853ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$26,394TotalAmt
Program Services$23,755ProgramServicesAmt
Management And General$2,639ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$15,923TotalAmt
Program Services$14,331ProgramServicesAmt
Management And General$1,592ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
ALLOCATED OVERHEAD FROM$173,291$173,291
RECRUITMENT$1,234$124$1,110

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,057,581TotalAmt
Program Services$795,860ProgramServicesAmt
Management And General$261,721ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$145,869BOYAmt
EOY$119,893EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$268,930BOYAmt
EOY$84,032EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$13,889BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$7,374LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$7,374LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$428,688BOYAmt
EOY$203,925EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$208,003BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,459,490BOYAmt
EOY$777,569EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,667,493BOYAmt
EOY$777,569EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$1,238,805BOYAmt
EOY-$573,644EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$1,238,805BOYAmt
EOY-$573,644EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$428,688BOYAmt
EOY$203,925EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$665,161ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1ABMSBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN410847713EIN
Organization Type501(C)(6)OrganizationTypeDesc
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$0SupportAmt
Other Support$1,057,581OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C456Yes (1)SupportedOrgSectionC456Ind
Supported Org QualifiedYes (1)SupportedOrgQualifiedInd
Suprt Exclusively Sec170c2 BYes (1)SuprtExclusivelySec170c2BInd
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, SECTION A, LINE 3B:ABMS-REF CONFIRMED THAT THE SUPPORTED ORGANIZATION, ABMS, IS A 501(C)(6) TAX EXEMPT ORGANIZATION BY REVIEWING THEIR IRS DETERMINATION LETTER AND ALSO ANNUALLY COMPLETING A PRO FORMA SCHEDULE A, PART III TEST TO CONFIRM THAT ABMS SATISFIES THE PUBLIC SUPPORT TESTS UNDER SECTION 509(A)(2).
PART IV, SECTION A, LINE 3C:NO FUNDS ARE PAID DIRECTLY TO THE SUPPORTED ORGANIZATION ABMS. ABMS-REF PERFORMS AND CONTROLS ALL RESEARCH AND OTHER ACTIVITIES WHICH ARE CONDUCTED ON BEHALF OF THE SUPPORTED ORGANIZATION, ABMS.

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,374OtherCostOrOtherBasisAmt
Depreciation$7,374DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO ABMSDesc
Amt$777,569Amt
FieldValueIRS element (for citing)
Total Liability$777,569TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationGENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY ABMS AND RECOGNIZE A TAX LIABILITY IF ABMS HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY ABMS AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2014 AND 2013, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. ABMS IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO DECEMBER 31, 2011.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
LOIS MARGARET NORA MD JD MBA
PRESIDENT & CEO$0$668,945$0$48,481$0$0$0$34,500$0$11,079$0$763,005$0$0
LAURA SKARNULIS
COO$0$283,316$0$28,975$0$0$0$35,240$0$16,687$0$364,218$0$0
LISA WASSERMAN
CFO (1/1 - 7/31)$0$189,044$0$0$0$23,100$0$3,990$0$15,325$0$231,459$0$0
JOHN MANDELBAUM
CHIEF LEGAL OFFICER$0$223,808$0$23,100$0$0$0$34,500$0$12,752$0$294,160$0$0
KATHLEEN RUFF
CHIEF OF STAFF$0$217,124$0$21,725$0$0$0$32,406$0$180$0$271,435$0$0
JENNIFER MICHAEL
CIO$0$200,000$0$11,000$0$0$0$16,270$0$780$0$228,050$0$0
MIRA IRONS
SVP ACADEMIC AFFAIRS$0$289,967$0$31,525$0$0$0$34,500$0$7,453$0$363,445$0$0
THOMAS GRANATIR
SVP POLICY & EXT. RELATION$0$212,325$0$22,125$0$0$0$33,009$0$12,831$0$280,290$0$0
KRISTA ALLBEE
VP INTERNATIONAL PROG.$0$180,846$0$10,000$0$0$0$14,678$0$17,206$0$222,730$0$0
CAROL CLOTHIER
VP PUBLIC AFFAIRS$0$177,858$0$5,500$0$0$0$13,966$0$12,083$0$209,407$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 3COMPENSATION IS DETERMINED BY A RELATED ORGANIZATION FOR THE PRESIDENT AND OTHER KEY EMPLOYEES. FOR THE PRESIDENT'S COMPENSATION: 1 MEMBERS OF THE EXECUTIVE COMMITTEE OF ABMS, WHO ARE INDEPENDENT, SET THE COMPENSATION FOR THE PRESIDENT. 2 AN OUTSIDE COMPENSATION CONSULTING FIRM ALSO PARTICIPATES IN THE COMPENSATION PROCESS. 3 COMPARABILITY DATA FROM SIMILAR NOT FOR PROFIT HEALTHCARE ORGANIZATIONS AND INSTITUTIONS IS REVIEWED. FOR KEY EMPLOYEES: THE ABMS PRESIDENT SETS COMPENSATION IN CONSULTATION WITH AN OUTSIDE CONSULTING FIRM AND CONSIDERING COMPARABILITY DATA. COMPENSATION IS ALLOCATED TO THE AMERICAN BOARD OF MEDICAL SPECIALTIES RESEARCH AND EDUCATION FOUNDATION (FOUNDATION) BASED ON THE TIME SPENT ON THE FOUNDATION'S ACTIVITIES.
PART I, LINE 4ALISA WASSERMAN, PRIOR CFO, RECEIVED $59,844 IN COMPENSATION PER THE TERMS OF HER SEPARATION AGREEMENT.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1INDEPENDENT VOTING MEMBERS ABMS-REF'S BOARD OF DIRECTORS ACTS AS ITS GOVERNING BODY. HOWEVER, CERTAIN ASPECTS OF GOVERNANCE OF ABMS-REF ARE RESERVED TO THE ORGANIZATION'S SOLE MEMBER, THE AMERICAN BOARD OF MEDICAL SPECIALTIES (ABMS), AN ILLINOIS, NOT-FOR-PROFIT CORPORATION, EXEMPT FROM FEDERAL TAXATION UNDER IRC SECTION 501(C)(6). THE SOLE MEMBER'S "RESERVED POWERS" ARE SET FORTH IN SECTION 2.01 TO 2.03 OF THE BYLAWS OF ABMS-REF DATED APRIL 24, 2014 AND ARE AS FOLLOWS: SECTION 2.01. MEMBERSHIP. [ABMS-REF A/K/A] THE FOUNDATION SHALL HAVE ONE MEMBER, NAMELY, THE AMERICAN BOARD OF MEDICAL SPECIALTIES, AN ILLINOIS NOT-FOR-PROFIT CORPORATION. IN THESE BYLAWS, THE MEMBER SHALL BE REFERRED TO AS THE "SOLE MEMBER" OR "ABMS." SECTION 2.02. THE SOLE MEMBER SHALL HAVE THE FOLLOWING RESERVED POWERS IN LIEU OF THOSE GRANTED BY STATUTE TO MEMBERS. INASMUCH AS THE SOLE MEMBER IS ANOTHER NOT-FOR-PROFIT CORPORATION, ALL OF THE ACTION REQUIRED TO BE TAKEN OR APPROVED BY THE SOLE MEMBER SHALL BE EXERCISED BY THE SOLE MEMBER'S BOARD OF DIRECTORS ("ABMS BOD") OR AS OTHERWISE SPECIFIED BY ITS BYLAWS: (A) APPOINTING THE PRESIDENT AND CEO OF THE ABMS-REF AND REMOVING HIM OR HER, WITH OR WITHOUT CAUSE, SUBJECT TO CONTRACT RIGHTS. (B) AMENDING THE ARTICLES OF INCORPORATION AND CORPORATE BYLAWS OF THE FOUNDATION. (C) APPROVING THE ABMS-REF'S ANNUAL OPERATING AND/OR CAPITAL BUDGETS AND AMENDMENTS THERETO IN EXCESS OF SUCH AMOUNT AS SHALL BE SPECIFIED FROM TIME TO TIME IN WRITING FROM THE SOLE MEMBER TO THE FOUNDATION. (D) APPROVING ALL CREATIONS OR ACQUISITIONS OF SUBSIDIARIES OR CONTROLLED AFFILIATES, MERGERS, CONSOLIDATIONS, PERMANENT OR LONG-TERM AFFILITIONS AND ALL JOINT VENTURES OF THE ABMS-REF INVOLVING CAPITAL INVESTMENTS IN EXCESS OF SUCH AMOUNT AS SHALL BE SPECIFIED FROM TIME TO TIME IN WRITING FROM THE SOLE MEMBER TO THE ABMS-REF. (E) APPROVING THE SALE OR ENCUMBRANCE OF ALL OR SUBSTANTIALLY ALL THE ASSETS OF THE FOUNDATION AND ALL LONG-TERM DEBT IN EXCESS OF SUCH AMOUNT [AS] SHALL BE SPECIFIED FROM TIME TO TIME IN WRITING FROM THE SOLE MEMBER TO THE ABMS-REF. (F) APPROVING THE DISSOLUTION OF AND ALL LIQUIDATIONS FROM THE ABMS-REF. SECTION 2.03. THE SOLE MEMBER SHALL EXERCISE ITS RESERVED POWERS IN THE MANNER PRESCRIBED BY THE SOLE MEMBER'S BYLAWS.
FORM 990, PART VI, SECTION A, LINE 4AT ITS MEETING ON APRIL 24, 2014, THE BOARD OF DIRECTORS OF ABMS-REF AMENDED ITS BYLAWS BY CHANGING THE COMPOSITION OF ITS BOARD OF DIRECTORS. PRIOR TO THE AMENDMENTS, THE BOARD OF DIRECTORS OF ABMS-REF WAS THE SAME AS THE BOARD OF DIRECTORS OF ITS SOLE MEMBER, THE AMERICAN BOARD OF MEDICAL SPECIALTIES ("ABMS"). UNDER THE AMENDED BYLAWS, THERE WILL NOW BE BETWEEN NINE AND SEVENTEEN DIRECTORS, AS DETERMINED BY THE BOARD FROM TIME TO TIME. THE INITIAL BOARD AFTER THE AMENDMENT WILL HAVE NINE DIRECTORS. THE BOARD WILL CONSIST OF TWO EX OFFICIO MEMBERS, THE PRESIDENT OF ABMS AND A MEMBER OF THE ABMS EXECUTIVE COMMITTEE DESIGNATED FROM TIME TO TIME BY THE ABMS EXECUTIVE COMMITTEE, AND BETWEEN SEVEN AND FIFTEEN DIRECTORS THAT WILL BE ELECTED BY THE BOARD OF DIRECTORS AND NOMINATED BY ABMS. THE SLATE OF ELECTED DIRECTORS MUST BE RATIFIED BY THE ABMS BOARD OF DIRECTORS. IN ADDITION, THE BYLAWS NO LONGER PROVIDE FOR THE POSITION OF EXECUTIVE DIRECTOR OF ABMS-REF.
FORM 990, PART VI, SECTION A, LINE 6THE SOLE VOTING MEMBER OF THE ABMS-REF IS THE ABMS WHICH ACTS THROUGH ITS BOARD OF DIRECTORS PER THE BYLAWS.
FORM 990, PART VI, SECTION A, LINE 7AELECTION OF OFFICERS WILL BE HELD AT THE ANNUAL MEETING OF THE BOARD OF DIRECTORS. AMERICAN BOARD OF MEDICAL SPECIALTIES (ABMS), AN ILLINOIS NON-FOR-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SEC. 501(C)(6), IS THE SOLE CORPORATE MEMBER OF THE ORGANIZATION AND, BY POSSESSION OF ITS RESERVED POWERS, MEETS THE DEFINITION OF MAJORITY PARENTAL CONTROL UNDER THE FORM 990 INSTRUCTIONS. ABMS, AMONG ITS OTHER POWERS, ELECTS THE ENTIRE BOARD OF DIRECTORS FOR THE ABMS-REF. PLEASE REFER TO PART VI, SECTION A, LINE 1 DESCRIPTION.
FORM 990, PART VI, SECTION A, LINE 7BPLEASE REFER TO PART VI, SECTION A, LINE 1 DESCRIPTION.
FORM 990, PART VI, SECTION B, LINE 11THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ABMS-REF FORM 990. THE INDEPENDENT CPA FIRM PRESENTS THE 990 TO MANAGEMENT AND THE FINANCE AND AUDIT COMMITTEE AND THE FINANCE AND AUDIT COMMITTEE REVIEWS AND APPROVES THE 990. THE FINANCE AND AUDIT COMMITTEE THEN PROVIDES A FULL COPY TO ALL VOTING MEMBERS OF THE GOVERNING BODY. THE FORM 990 IS ALSO REVIEWED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CAT THE BEGINNING OF ALL BOARD AND BOARD COMMITTEE MEETINGS MEMBERS ARE ASKED TO DISCLOSE CONFLICTS OF INTEREST AND DUALITIES. THE MINUTES OF THE BOARD AND OF ALL BOARD COMMITTEES SHALL CONTAIN: THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POTENTIAL CONFLICT OR DUALITY OF INTEREST, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OR DUALITY OF INTEREST WAS PRESENT, AND THE BOARD'S OR COMMITTEE'S DETERMINATION AS TO WHETHER A CONFLICT OR DUALITY OR INTEREST IN FACT EXISTED.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION IS DETERMINED BY A RELATED ORGANIZATION FOR THE PRESIDENT AND OTHER KEY EMPLOYEES. FOR THE ABMS PRESIDENT'S COMPENSATION: 1 MEMBERS OF THE EXECUTIVE COMMITTEE OF ABMS, WHO ARE INDEPENDENT, SET THE COMPENSATION FOR THE PRESIDENT. 2 AN OUTSIDE COMPENSATION CONSULTING FIRM ALSO PARTICIPATES IN THE COMPENSATION PROCESS 3 COMPARABILITY DATA FROM MEMBER BOARDS AND SIMILAR NOT FOR PROFIT MEDICAL ORGANIZATIONS IS REVIEWED. FOR KEY EMPLOYEES THE ABMS PRESIDENT SETS COMPENSATION IN CONSULTATION WITH AN OUTSIDE CONSULTING FIRM AND CONSIDERING COMPARABILITY DATA. COMPENSATION IS ALLOCATED TO THE AMERICAN BOARD OF MEDICAL SPECIALTIES RESEARCH AND EDUCATION FOUNDATION (FOUNDATION) BASED ON THE TIME SPENT ON THE FOUNDATION'S ACTIVITIES.
FORM 990, PART VI, SECTION C, LINE 19THE BYLAWS INCLUDING THE CONFLICT OF INTEREST POLICY ALONG WITH THE FINANCIAL STATEMENTS ARE PUBLISHED IN THE ANNUAL REPORT. GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE THROUGH APPLICABLE GOVERNMENTAL AGENCIES.
FORM 990, PART VII, SECTION A - COMPENSATIONTHE COMPENSATION FROM A RELATED ORGANIZATION, AMERICAN BOARD OF MEDICAL SPECIALTIES (ABMS) REPORTED IN PART VII IS THE COMPENSATION PAID BY ABMS FOR A FULL-TIME POSITION. HOWEVER A PORTION OF THE INDIVIDUAL'S TIME IS DEVOTED TO THE FILING ORGANIZATION, ABMS-REF AND IS REIMBURSED BY THE ABMS-REF.
FORM 990, PART IX, LINE 11GSUBCONTRACT LABOR: PROGRAM SERVICE EXPENSES 273,670. MANAGEMENT AND GENERAL EXPENSES 30,408. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 304,078.
FORM 990 PART IV, LINE 33THE ORGANIZATION NEITHER OWNS NOR CONTROLS ANY DISREGARDED ENTITY AS DEFINED IN FORM 990 INSTRUCTIONS. AMERICAN BOARD OF MEDICAL SPECIALTIES (ABMS), AN ILLINOIS NON-FOR-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SEC. 501(C)(6), IS THE SOLE CORPORATE MEMBER OF THE ORGANIZATION AND, BY POSSESSION OF ITS RESERVED POWERS, MEETS THE DEFINITION OF MAJORITY PARENTAL CONTROL UNDER THE FORM 990 INSTRUCTIONS. ABMS, AMONG ITS OTHER POWERS, ELECTS THE ENTIRE BOARD OF DIRECTORS FOR THE ABMS-REF. IN ADDITION, ABMS HAS 24 NOT-FOR-PROFIT AND TAX EXEMPT VOTING MEMBER ORGANIZATIONS CONSTITUTING THE 24 CERTIFYING BOARDS OF THE ABMS-RECOGNIZED MEDICAL SPECIALTIES: 1. THE AMERICAN BOARD OF ALLERGY AND IMMUNOLOGY, INC.; 2. THE AMERICAN BOARD OF ANESTHESIOLOGY, INC.; 3. THE AMERICAN BOARD OF COLON AND RECTAL SURGERY, INC.; 4. THE AMERICAN BOARD OF DERMATOLOGY, INC.; 5. THE AMERICAN BOARD OF EMERGENCY MEDICINE, INC.; 6. THE AMERICAN BOARD OF FAMILY MEDICINE, INC.; 7. THE AMERICAN BOARD OF INTERNAL MEDICINE, INC.; 8. THE AMERICAN BOARD OF GENETICS AND GENOMICS, INC.; 9. THE AMERICAN BOARD OF NEUROLOGICAL SURGERY, INC.; 10. THE AMERICAN BOARD OF NUCLEAR MEDICINE, INC.; 11. THE AMERICAN BOARD OF OBSTETRICS AND GYNECOLOGY, INC.; 12. THE AMERICAN BOARD OF OPHTHALMOLOGY, INC.; 13. THE AMERICAN BOARD OF ORTHOPAEDICS SURGERY, INC.; 14. THE AMERICAN BOARD OF OTOLARYNGOLOGY, INC.; 15. THE AMERICAN BOARD OF PATHOLOGY, INC.; 16. THE AMERICAN BOARD OF PEDIATRICS, INC.; 17. THE AMERICAN BOARD OF PHYSICAL MEDICINE AND REHABILITATION, INC.; 18. THE AMERICAN BOARD OF PLASTIC SURGERY, INC.; 19. THE AMERICAN BOARD OF PREVENTATIVE MEDICINE, INC.; 20. THE AMERICAN BOARD OF PSYCHIATRY AND NEUROLOGY, INC.; 21. THE AMERICAN BOARD OF RADIOLOGY, INC.; 22. THE AMERICAN BOARD OF SURGERY, INC.; 23. THE AMERICAN BOARD OF THORACIC SURGERY, INC.; 24. THE AMERICAN BOARD OF UROLOGY, INC. BOTH VOLUNTEER DIRECTORS AND SALARIED EXECUTIVES FROM SUCH BOARDS, AS WELL AS INDEPENDENT PUBLIC MEMBERS, SERVE ON THE ABMS BOARD OF DIRECTORS AND, EX OFFICIO, ON THE ABMS-REF'S BOARD OF DIRECTORS. HOWEVER, NO SUCH SPECIALTY CERTIFYING BOARD EVER NOMINATES, SPONSORS OR CONTROLS MORE THAN TWO (2) VOTING MEMBERS OF THE ABMS-REF BOARD OF DIRECTORS AND, ACCORDINGLY, NONE OF THEM MEETS THE MAJORITY CONTROL REQUIREMENTS OF THE DEFINITION OF "RELATED PARTY" FOR SCHEDULE R. THE ABMS-REF'S BYLAWS, AS WELL AS ITS POLICIES AND PROCEDURES, INCLUDE PROVISIONS (A) REQUIRING FULL DISCLOSURE OF CONFLICTS OF INTEREST AND DUALITIES OF INTEREST, AND (B) PROHIBITING A DIRECTOR, OFFICER OR EMPLOYEE OF THE ORGANIZATION FROM PARTICIPATING IN ANY DECISION REGARDING A MATTER IN WHICH SUCH PERSON IS CONFLICTED.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
ABMS INTERNATIONAL LLC
353 NORTH CLARK STREET SUITE 1400CHICAGOIL60654274201101HOLDING COMPANYIL$5,034,433$3,086,891ABMS
ABMS SINGAPORE LLC
353 NORTH CLARK STREET SUITE 1400CHICAGOIL60654274201326CERTIFICATION ACTIVITIESIL$0$0ABMS INTERNATIONAL LLC
ABMS SOLUTIONS LLC
353 NORTH CLARK STREET SUITE 1400CHICAGOIL60654453952583PROVIDING CERTIFICATION SOLUTIONS FOR CREDENTIALERSIL$3,469,401$3,561,031ABMS

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndPublic Charity StatusPublicCharityStatusTxt
AMERICAN BOARD OF MEDICAL SPECIALTIES
353 NORTH CLARK STREET SUITE 1400CHICAGOIL60654410847713ESTABLISH STANDARDS FOR PHYSICIAN SPECIALTY CERTIFICATIONIL501(C)(6)NONE0
MULTI-SPECIALTY PORTFOLIO APPROVAL PROGRAM
353 NORTH CLARK STREET SUITE 1400CHICAGOIL60654465431221PROMOTING PHYSICIAN PARTICIPATION AND COMPETENCYIL501(C)(3)ABMS0LINE 9
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
AMERICAN BOARD OF MEDICAL SPECIALTIES
P$777,569AUDITED EXPENSE REPORT
AMERICAN BOARD OF MEDICAL SPECIALTIES
C$1,338,000CASH

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