2012-03-02T08:57:52-06:00 2011-06-30 MCGLADREY & PULLEN LLP 512 TOWNSHIP LN RD 1 VALLEY SQ STE BLUE BELL PA 194222700 990 2010-07-01 232585181 ABIM FOUNDATION ABIM 2154463500 510 WALNUT STREET NO 1700 PHILADELPHIA PA 191063699 VINCENT MANDES 2154463500 2012-03-02 1 CHRISTOPHER M PEKULA 2156418610 2010 2016-02-24 21:20:13Z VINCENT MANDES 510 WALNUT STREET NO 1700 PHILADELPHIA PA 191063699 5492404 0 X WWW.ABIMFOUNDATION.ORG X 1999 IA OUR STRATEGIC GOAL IS TO CATALYZE IMPROVEMENTS IN HEALTH CARE BY ADVANCING MEDICAL PROFESSIONALISM. 14 0 17 0 0 0 0 0 0 0 2567311 2701879 76194 84921 2643505 2786800 1500000 500000 0 0 1778017 1693557 0 0 0 1290446 1883384 4568463 4076941 -1924958 -1290141 62368044 72517252 1352169 1510571 61015875 71006681 OUR STRATEGIC GOAL IS TO CATALYZE IMPROVEMENTS IN HEALTH CARE BY ADVANCING MEDICAL PROFESSIONALISM. 0 0 4076941 500000 ESTABLISHING AND MAINTAINING CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES IN ORDER TO BENEFIT, PERFORM THE FUNCTIONS OF, AND CARRY OUT THE PURPOSES OF THE AMERICAN BOARD OF INTERNAL MEDICINE AND OTHER SIMILAR ORGANIZATIONS. 4076941 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 43 0 17 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X VINCENT MANDES 2154463500 510 WALNUT STREET NO 1700 PHILADELPHIA PA 191063699 CHRISTINE K CASSEL 35.00 X X 161406 484219 149227 SHEILA T LEATHERMAN 5.00 X 13126 0 0 JOHN POPOVICH JR 5.00 X X 15626 0 0 DONALD E WESSON 5.00 X X 14626 0 0 DEBORAH LEFF 5.00 X 14626 0 0 GLENN M HACKBARTH 5.00 X X 19136 0 0 DAVID B HELLMANN 5.00 X 14626 0 0 RICHARD BARON 5.00 X 14626 0 0 HOLLY J HUMPHREY 5.00 X 14626 0 0 WENDY LEVINSON 5.00 X 10126 0 0 ELIZABETH MCGLYNN 5.00 X 14626 0 0 DAVID B REUBEN 5.00 X 6626 0 0 JOHN C ROTHER 5.00 X 5126 0 0 MARTIN J SEPULVEDA 5.00 X 0 0 0 DANIEL B WOLFSON 35.00 X 323084 0 42528 VINCENT MANDES 35.00 X 26766 0 866 CARA LESSER 35.00 X 132916 0 22962 801694 484219 215583 3 0 1 0 0 1800979 1800979 3606504 2705604 900900 900900 900900 OTHER INCOME 900099 84921 84921 84921 2786800 0 0 2786800 500000 500000 749478 749478 719603 719603 119490 119490 47545 47545 57441 57441 12993 12993 33825 33825 72858 72858 5404 5404 27237 27237 98400 98400 6512 6512 653077 653077 1639 1639 12300 12300 PROGRAM & PROJECT EXPEN 782310 782310 CONDOMINIUM EXPENSES 165982 165982 TEMPORARY HELP 9082 9082 EDUCATIONAL ACTIVITIES 1765 1765 4076941 4076941 0 0 239842 167839 607 124989 86785 2484470 387910 2212055 2096560 59790551 70166068 62368044 72517252 412829 538144 190778 299879 748562 672548 1352169 1510571 X 61015875 71006681 61015875 71006681 62368044 72517252 X -1290141 11280947 X X 0 1 1 X 0 X X 0 0 0 THE AMERICAN BOARD OF INTERNAL MEDICINE INC 390866228 9 1 1 1 500000 1 500000 2356267 329967 2026300 128203 57943 70260 2096560 ACCRUED COMPENSATION 224030 DUE TO THE AMERICAN BOARD OF INTERNAL MEDICINE, INC. 448518 672548 2786800 4076941 -1290141 11280947 11280947 9990806 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE INTERNAL REVENUE SERVICE HAS GRANTED THE FOUNDATION AND ABIM, WHICH ARE NOT PRIVATE FOUNDATIONS, EXEMPTION FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. 1 THE AMERICAN BOARD OF INTERNAL MEDICINE 510 WALNUT STREET SUITE 1700 PHILADELPHIA PA 19106 390866228 501(C)(3) 500000 SUPPORT RESEARCH & DEVELOPMENT 1 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: A DETAILED BUDGET IN SUPPORT OF THE GRANT REQUEST WAS PREPARED AND REVIEWED BY THE ABIM FOUNDATION FINANCE COMMITTEE. QUARTERLY ACCOUNTING FOR EXPENDITURES RELATED TO THE GRANT IS REMITTED TO ABIM FOUNDATION ACCORDINGLY. X 0 1 X X X X X 1 1 0 0 0 0 0 0 0 CHRISTINE K CASSEL 148054 444162 13352 40057 0 0 26234 78703 11072 33218 198712 596140 0 0 DANIEL B WOLFSON 262690 0 29121 0 31273 0 0 0 42528 0 365612 0 0 0 CARA LESSER 119205 0 0 0 13711 0 0 0 22962 0 155878 0 0 0 PART I, LINE 1B DR. CASSEL'S EMPLOYMENT CONTRACT ALLOWS FOR SPOUSAL TRAVEL. THIS ALLOWANCE IS SUBJECT TO ALL APPLICABLE PAYROLL TAXES. PART I, LINES 4A-B PART I, LINE 4B: CHRISTINE CASSEL FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE DEPARTMENT PROVIDES ALL INFORMATION AND REVIEWS THE FORM 990 PRIOR TO FILING. THE FORM 990 IS THEN MADE AVAILABEL TO THE ENTIRE GOVERNING BODY, VIA EMAIL, FOR COMMENTS AND QUESTIONS. ONCE ALL COMMENTS AND QUESTIONS HAVE BEEN ADDRESSED THE FORM 990 IS APPROVED. THE CFO SIGNS THE FORM 990 AND COMMUNICATES TO THE BOARD OF DIRECTORS THAT THE FORM 990 HAS BEEN FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS OR TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY AND ANNUAL REMINDERS ARE PERFORMED EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION UTILIZES COMPENSATION CONSULTANTS TO PROVIDE MARKET COMPARISONS IN THE AREAS OF CASH COMPENSATION, HEALTH AND WELFARE BENEFITS, RETIREMENT BENEFITS AND EXECUTIVE BENEFITS. THE RESULTS OF THESE COMPENSATION STUDIES ARE REVIEWED BY THE BOARD OF DIRECTORS AND RELATED COMMITTEES OF DIRECTORS. THIS PROCESS IS PERFORMED AS NEEDED. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 11,280,947. FORM 990, PART XI, QUESTION 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART V, LINE 2A AND FORM 990, PART VII: IN ORDER TO SIMPLIFY MANAGEMENT OF THE OVERALL ORGANIZATIONS PAYROLL SYSTEM AND MINIMIZE PAYROLL COSTS, ABIM FOUNDATION USES A COMMON PAYMASTER TO ADMINISTER PAYROLL. THE RELATED ORGANIZATION THAT SERVES IN THIS CAPACITY IS "THE AMERICAN BOARD OF INTERNAL MEDICINE" (EIN: 39-0866228). THE AMERICAN BOARD OF INTERNAL MEDICINE 510 WALNUT STREET SUITE 1700 PHILADELPHIA PA 19106 390866228 TO ENHANCE THE QUALITY OF HEALTH CARE IN INTERNAL MEDICINE IA 501(C)(3) 9 N/A 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 THE AMERICAN BOARD OF INTERNAL MEDICINE B 500000 CASH THE AMERICAN BOARD OF INTERNAL MEDICINE J 98400 CASH THE AMERICAN BOARD OF INTERNAL MEDICINE O 1850259 CASH