2014-11-12T13:55:11-06:00 2013-12-31 BDO USA LLP 7101 WISCONSIN AVE SUITE 800 BETHESDA MD 208144827 990 2013-01-01 362367980 Educational Commission for Foreign Medical Graduates % DENNIS M DONOHUE CPA EDUC 2158232293 3624 Market Street Suite Philadelphia PA 19104 DENNIS DONOHUE SENIOR VICE PRESIDENT 7038930600 2014-11-12 true Michael Sorrells CPA P00001737 7038930600 2013 2015-11-30 17:44:51Z EMMANUEL CASSIMATIS MD 3624 MARKET STREET PHILADELPHIA PA 19104 85965103 false X www.ecfmg.org X 1956 IL SEE SCHEDULE O 21 20 1138 0 0 0 0 0 59837968 61101636 2192719 4561838 0 0 62030687 65663474 2644026 1137325 0 0 36979356 38881561 0 0 0 16431108 15861643 56054490 55880529 5976197 9782945 138217387 159980955 29189137 29607307 109028250 130373648 X SEE SCHEDULE O false false 27987670 50553876 Examinations (USMLE Step1; Step 2CK and Step 2CS) - Registration /Certification services. The only exams currently administered that meet the medical and clinical skills requirement for ECFMG certification. Included are the revenues and expenses related to the Collaboration with the National Board of Medical Examiners to administer the USMLE Step 2CS Examination. 2447780 3983373 Electronic Residency Application Service (ERAS) - Provides a mechanism for international medical students/graduates to electronically apply for residency positions in accredited U.S. programs of graduate medical education. 1568084 3863731 Certification Verification Services - ECFMG provides primary source verification of ECFMG certification status to entities in the U.S. that rely on ECFMG certification to evaluate the qualifications of international physicians. The ECFMG International Credentials services provides a service to international organizations and authorities involved in medical registration, licensing and assessment by obtaining primary source verification of the credentials of physicians who completed their medical education outside the authorities jurisdiction. 3497019 1137325 2700656 35500553 true false false false false false false false false false true true true true true true false true false false false false false false false false false true false true true false false false false false false false false false false false false false false false true false false false true 52 0 true 1138 true false false false false false false false false false false X 21 20 false false false false false false false true true false true true false true true true true true true true false IL X DENNIS M DONOHUE CPA 2158232293 3624 MARKET STREET PHILADELPHIA PA 19104 Barry S Smith MD Chair 1.0 X X Kevin B Weiss MD Board Member 1.0 X Rajam Ramamurthy MD Board Member 1.0 X Paul H Rockey MD MPH Board Member 1.0 X Karen H Antman MD Board Member 1.0 X Carol A Aschenbrener MD Board Member 1.0 X Andrew T Filak Jr MD Board Member 1.0 X Steven E Minnick MD BOARD MEMBER 1.0 X X Pamela Blizzard MBA Board Member 1.0 X Ram R Krishna MD vice chair 1.0 X Asqual Getaneh MD MPH Board Member 1.0 X Dotun Ogunyemi MD Board Member 1.0 X Ronald R Blanck DO Board Member 1.0 X Patrick Courtin PhD Board Member 1.0 X Albert G Deana CPA Treasurer 1.0 X X Philip Gildenberg MD PhD FAC Board Member 1.0 X Cynthia Haines MBA Board Member 1.0 X Sade Kosoko-Lasaki MD MSPH MBA Board Member 1.0 X Anne M Murphy JD Board Member 1.0 X Emmanuel G Cassimatis MD President & CEO 40.0 X X 640799 0 63781 James F Pelegano MD MS Trustee-At-Large 1.0 X Ann C Jobe MD Executive Director 40.0 X 361546 0 68396 Dennis M Donohue CFO, Sr. V.P. 40.0 X 347693 0 103936 Raymond Rosenberg Director, IT Operations 40.0 X 200624 0 52754 Dennis Clark App. Dev. Mgr. 40.0 X 189105 0 33553 William Kelly Asst. V.P. Operation 40.0 X 200311 0 43174 Betty LeHew Asst VP HR 40.0 X 192679 0 56895 Richard Savarese Asst. V.P. , IT 40.0 X 217163 0 28881 Steven S SeEling FORMER V.P. Operations X 445418 0 31354 2795338 0 482724 47 true true false JUDGE TECHNICAL SERVICES 300 CONSHOHOCKEN STATE RD 300 W CONSHOHOCKEN PA 19428 Software Development 1119837 MORGAN LEWIS AND BOCKIUS LLP 1701 MARKET STREET PHILadelphia PA 19103 LEGAL SERVICES 407673 ENTECH 13 Barrington Lane CHESTER SPRINGS PA 19425 Software Development 472533 CENTURY LINK PO BOX 52187 PHOENIX AZ 52187 COMMUNICATION SVC 347742 SUNGARD PO BOX 91233 CHICAGO IL 60693 IT SERVICES 250282 14 0 EXAMS/CERTIFICATION SERVICES 611710 50553876 50553876 ELECTRONIC RESIDENCY APPLICATION SERVICE 611710 3983373 3983373 CERTIFICATION VERIFICATION SERVICES 611710 3863731 3863731 EXCHANGE VISITOR SPONSORSHIP PROGRAM 900099 2633560 2633560 OTHER PROGRAM SERVICE REVENUE 900099 67096 67096 61101636 1401280 1401280 0 0 0 0 0 23462187 20301629 3160558 3160558 3160558 0 0 0 0 65663474 61101636 4561838 1137325 1137325 0 0 0 1795456 897728 897728 0 26775781 21188753 5587028 2287990 1189553 1098437 5440870 1051533 4389337 2581464 1576864 1004600 0 406311 406311 82631 82631 0 0 133918 133918 88927 43444 45483 0 1135273 248171 887102 2435023 1041480 1393543 0 3941485 3095632 845853 501786 243283 258503 0 248748 8240 240508 235930 235930 0 3763234 1447514 2315720 470022 186070 283952 Payment Processing Fees 1444740 1444740 0 0 CSEC Test Admin Costs 673573 673573 0 0 Recruitment & Training 164480 11320 153160 0 PAYROLL PROCESSING 42806 0 42806 0 92756 15330 77426 55880529 35500553 20379976 0 0 0 5129752 5480514 0 0 535636 336516 0 0 0 0 0 0 0 0 1117255 810501 60109056 46678645 12525313 13430411 0 0 71213703 84971790 41503967 46304190 0 0 6191761 8647033 138217387 159980955 5728807 5547795 0 0 16578478 16949710 5527587 4999437 0 0 0 0 0 0 0 0 1354265 2110365 29189137 29607307 X 109028250 130373648 0 0 0 0 109028250 130373648 138217387 159980955 X 9782945 7068941 4493512 X X false true X true false X 0 0 0 0 0 0 49490800 51652804 55228921 59837968 61101637 277312130 0 0 0 49490800 51652804 55228921 59837968 61101637 277312130 0 0 0 277312130 1293959 1224288 1519670 1612930 1401280 7052127 0 1293959 1224288 1519670 1612930 1401280 7052127 0 0 50784759 52877092 56748591 61450898 62502917 284364257 0.97520 0.97650 0.02480 0.02350 X 4251949 2694140 1557809 17104197 14497579 2606618 12889343 9999068 2890275 25863567 19487858 6375709 13430411 MASTER TRUST 84971790 F 84971790 INT IN NET ASSETS OF FAIMER 46304190 C 46304190 Deferred Financing Costs 76116 Due from FAIMER 6036602 Due from NBME 1699111 INVESTMENTS IN 457(B) PLAN 771972 EQUITY INVEST IN RELATED PARTY 63232 8647033 0 Exec Supp Retirement Fund 1338393 457(B) PLAN OBLIGATIONS 771972 2110365 X SCH D, PART X, LINE 2 Accounting Standards Codification (ASC) 740, formerly FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes defines the confidence level that a tax position must meet before it can be recognized in the financial statements and it requires the effects of a position be recognized only if it is "more-likely-than-not" to be sustained based solely on its technical merits as of the reporting date. The more-likely-than-not threshold represents a positive assertion by management that the organization is entitled to the economic benefits of a tax position. If a tax position is not considered more-likely-than-not to be sustained based solely on its technical merits, no benefits of the position are to be recognized. Moreover, the more-likely-than-not threshold must continue to be met in each reporting period to support continued recognition of a benefit. As of December 31, 2013 and 2012, there are no uncertain tax positions for which a liability should be recorded. true Foundation for Advancement of International Medica 3624 Market Street Philadelphia PA 19104 233057423 501(c)(3) 1137325 Support to FAIMER 1 SCHEDULE I, PART I, LINE 2 All grants are made to the Foundation for Advancement of International Medical Education and Research, a related support organization, which is controlled and operated by ECFMG. Such grants are in support of the organization's exempt purpose. X X true true X X X X X true false false false false false false false false Emmanuel G Cassimatis MD President & CEO 538670 0 2000 0 100129 0 38250 0 25531 0 704580 0 0 0 Ann C Jobe MD Executive Director 298118 0 2000 0 61428 0 34730 0 33666 0 429942 0 0 0 Steven S SeEling FORMER V.P. Operations 294010 0 0 0 151408 0 12750 0 18604 0 476772 0 0 0 Dennis M Donohue CFO, Sr. V.P. 302503 0 2000 0 43190 0 38250 0 65686 0 451629 0 0 0 Raymond Rosenberg Director, IT Operations 198248 0 1986 0 390 0 29666 0 23088 0 253378 0 0 0 Dennis Clark App. Dev. Mgr. 186041 0 1864 0 1200 0 27833 0 5720 0 222658 0 0 0 William Kelly Asst. V.P. Operation 195632 0 2000 0 2679 0 29708 0 13466 0 243485 0 0 0 Betty LeHew Asst VP HR 190123 0 1906 0 650 0 28444 0 28451 0 249574 0 0 0 Richard Savarese Asst. V.P. , IT 214788 0 2000 0 375 0 0 0 28881 0 246044 0 0 0 PART I, LINE 1A For trustees - Reimbursement for air travel is based on first class accommodations for flights greater than 1,000 miles in distance. Trustees have the option to apply the cost of a first class ticket toward two coach fare tickets to cover travel for spouses when attending meetings of the ECFMG board and committees or carrying out other official ECFMG duties. However, only the amount applicable to travel for the ECFMG board member may be considered a bona fide expense. Travel expenses for the spouse of an ECFMG board member are reported on a separate travel and expense report and reported on Form 1099, assuming the amount is greater than $600 during the course of the calendar year. For employees - Reimbursement of business class (first class travel when business class is not available) for trips within the United States are paid when coach class flights would result in a flight of five (5) hours or more in duration. Due to the length of international flights, employees may travel business class (first class when business class is not available) on flights of five (5) hours or greater in duration. SEVERANCE PAYMENT - SCH J, PART I, LINE 4A As required by terms of his employment agreement, Steven S. Selling received severance payments in the amount of $445,418 during 2013 A Phila Authority for Industrial Development 232237287 7178184H8 2009-12-29 550000 Current refunding of ECFMG Series false false false B Phila Authority for Industrial Development 232237287 7178184J4 2009-12-29 565000 Current refunding of ECFMG Series false false false C Phila Authority for Industrial Development 232237287 7178184K1 2009-12-29 590000 Current refunding of ECFMG Series false false false A 0 0 550000 0 0 539898 10102 0 0 0 0 0 true false true true B 0 0 565000 0 0 554622 10378 0 0 0 0 0 true false true true C 0 0 590000 0 0 579163 10837 0 0 0 0 0 true false true true A false false false false 0 false false false false B false false false false 0 false false false false C false false false false 0 false false false false A false false true true false false 0 false 0 false false B false false true true false false 0 false 0 false false C false false true true false false 0 false 0 false false A B C Bond Issues SCHEDULE K, PART I (A) ISSUER NAME: PHILA. AUTHORITY FOR INDUSTRIAL DEVELOPMENT (F) DESCRIPTION OF PURPOSE: CURRENT REFUNDING OF ECFMG SERIES OF 1998 BONDS A Phila Authority for Industrial Development 232237287 7178184L9 2009-12-29 610000 Current refunding of ECFMG Series false false false B Phila Authority for Industrial Development 232237287 7178184N5 2009-12-29 1300000 Current refunding of ECFMG Series false false false C Phila Authority for Industrial Development 232237287 7178184L9 2009-12-29 1410000 Current refunding of ECFMG Series false false false A 0 0 610000 0 0 598796 11204 0 0 0 0 0 true false true true B 0 0 1300000 0 0 1276122 23878 0 0 0 0 0 true false true true C 0 0 1410000 0 0 1384101 25899 0 0 0 0 0 true false true true A false false false false 0 false false false false B false false false false 0 false false false false C false false false false 0 false false false false A false false true true false false 0 false 0 false false B false false true true false false 0 false 0 false false C false false true true false false 0 false 0 false false A B C Form 990, Part I, Line 1 Assessment of foreign medical school graduates for entry into U.S. residency and fellowship programs and sponsorship of foreign physicians as exchange visitors in graduate medical education programs. Form 990, Part III, Line 1 The Educational Commission for Foreign Medical Graduates (ECFMG) promotes quality health care for the public by certifying international medical graduates for entry into U.S. graduate medical education, and by participating in the evaluation and certification of other physicians and health care professionals nationally and internationally. In conjunction with its Foundation for Advancement of International Medical Education and Research (FAIMER), and other partners, it actively seeks opportunities to promote medical education through programmatic and research activities. Form 990, Part III, Line 4D Exchange Visitor Sponsorship Program - ECFMG is designated by the U.S. Department of State as the sponsor of J-1 Exchange Visitor physicians enrolled in U.S. programs of graduate medical education or training. ECFMG is the sole sponsor of J-1 physicians in clinical training programs. The program facilitates educational and cultural exchange in order to promote mutual understanding and stimulate an exchange of ideas and collaboration among people of the U.S. and other nations. The J-1 Visa, a temporary nonimmigrant visa reserved for participants in the exchange visitor program is a common visa option for foreign national physicians who wish to participate in U.S. programs of graduate medical education. Form 990, Part VI, Line 11B The Finance and Audit Committee of the Board has been charged by the Board to review the Form 990 as completed by the outside auditor, BDO USA, LLP prior to its being filed with the Internal Revenue Service. All members of the Finance and Audit Committee will receive final draft copies of the Form 990 and will be then given the opportunity to make inquiries about any information contained therein. Form 990, Part VI, Line 12C It shall be the responsibility of all Trustees and Key Employees to identify promptly to the Chair of the Board of ECFMG or FAIMER, as appropriate, all "possible conflicts of interest" whenever they arise; to declare their lack of independence; and to refrain from any discussions or deliberations regarding the identified "possible conflicts of interest" or voting on or taking any other action with respect to such matter. Failure to properly disclose a "conflict of interest" may subject the Board member or Key Employee to disciplinary action up to and including dismissal from the Board or termination of employment. Annual Conflicts of Interest Disclosure Forms for Board and Key Employees: A Conflicts of Interest Disclosure Form shall be circulated annually to all current Trustees and Key Employees. The Senior Vice President of ECFMG shall make a determination annually as to which current employees of ECFMG and FAIMER meet the definition of Key Employee for the purpose of the questionnaire. The Conflicts of Interest Disclosure Form shall be distributed in December of each year covering the current calendar year. Completed forms shall be returned to the Secretary of the Board for ECFMG. The Board Secretary shall have the responsibility to monitor the completion of requested forms and for making appropriate follow-up inquiries to non-responders. Non-responders to the Secretary's requests shall be reported to the Chair of the Boards of ECFMG and FAIMER, as appropriate. Completed Conflicts of Interest Disclosure Forms shall be reviewed by the Senior Vice President, or in the case of the Disclosure Form of the Senior Vice President, by the President, and a report made annually of all identified "possible conflicts of interest" to the respective ECFMG and FAIMER Boards. The Senior Vice President shall refer any responses to ECFMG's external legal counsel where there is uncertainty as to whether the response reflects a "possible conflict of interest". Legal counsel shall render an opinion directly to the Chair and President of the respective organization regarding such matters. Form 990, Part VI, Line 15 The Executive Compensation Committee of the Board has responsibility for reviewing executive compensation of highly compensated employees which includes the CEO, Vice President of Operations, Sr. Vice President for Finance and Support Services and Executive Director for Clinical Skills Examinations (the senior staff). ANNUALLY THIS COMMITTEE commissions an independent compensation consultant to conduct a comparative survey of compensation and benefits of comparable key positions from similar organizations to ECFMG's senior staff. Also, included in the review is the Director of Human Resources and the Senior Director of Information Technology. The committee compares the results of the compensation survey to the compensation paid to executives of ECFMG and makes adjustments, if appropriate. Annually, the Executive Compensation Committee reviews the performance of the CEO and recommends a salary increase percentage as appropriate given the performance of the CEO and the financial results of ECFMG for that year. The committee also reviews and approves salary increase recommendations made by the CEO, for the senior staff. Contemporaneous minutes of all Executive Compensation Committee meetings are made reflecting the actions taken with respect to senior staff compensation. The results of the committee's actions are summarized and reported to the Board. Senior staff compensation reviews commenced in 2001. Form 990, Part VI, Line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available upon request. Form 990, Part XI, Line 9 Beneficial Interest in Net Assets of FAIMER 4,800,224 Equity in Net Loss in Joint Venture (356,001) Income from Joint Venture 49,289 ----------- Changes in Net Assets or Fund Balances 4,493,512 Form 990, Part XII, Line 2C There have been no changes during the year in the process for oversight of the audit of the financial statements. Foundation for Advancement of Internatio 3624 Market Street Philadelphia PA 19104 233057423 See Part VII PA 501(c)(3) Line 11A, I NA false false true false false false false false false false false false false true true true false true false false Form 990, Schedule R, Part II Promote international medical education