AMERICAN BOARD OF MEDICAL SPECIALTIES: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- AMERICAN BOARD OF MEDICAL SPECIALTIES (EIN 41-0847713)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-09-20
- IRS object ID
- 201242649349300319
- Schema version
- 2011v1.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-09-20T12:39:06-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 381357951 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S RIVERSIDE PLAZA 9TH FLOOR | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60606 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410847713 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICAN BOARD OF MEDICAL SPECIALTIES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | AMER | NameControl |
| Phone | 3124362600 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 NORTH LASALLE STREET NO 1500 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60601 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LOIS MARGARET NORA MD JD MBA | Name |
| Title | PRESIDENT & CEO | Title |
| Phone | 3124362600 | Phone |
| Date Signed | 2012-08-28 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LU ANN TRAPP | Name |
| PTIN | P01506476 | PTIN |
| Phone | 3122071040 | Phone |
| Date Prepared | 2012-08-28 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | LOIS MARGARET NORA MD J | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 NORTH LASALLE STREET NO 1500 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60601 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 14822032 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.ABMS.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1935 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | THE MISSION OF ABMS IS TO MAINTAIN AND IMPROVE THE QUALITY OF MEDICAL CARE BY ASSISTING THE MEMBER BOARDS IN THEIR EFFORTS TO DEVELOP AND UTILIZE PROFESSIONAL AND EDUCATIONAL STANDARDS FOR THE CERTIFICATION OF PHYSICIAN SPECIALISTS IN THE UNITED STATES AND INTERNATIONALLY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 31 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 30 | NbrIndependentVotingMembers |
| Total Nbr Employees | 50 | TotalNbrEmployees |
| Total Nbr Volunteers | 170 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 9386840 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 13065364 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 213031 | InvestmentIncomePriorYear |
| Investment Income Current Year | 224326 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 32421 | OtherRevenuePriorYear |
| Other Revenue Current Year | 21197 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 9632292 | TotalRevenuePriorYear |
| Total Revenue Current Year | 13310887 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1055000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 850000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3707342 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4705888 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 5031517 | OtherExpensePriorYear |
| Other Expenses Current Year | 6205365 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 9793859 | TotalExpensesPriorYear |
| Total Expenses Current Year | 11761253 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -161567 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1549634 | RevenuesLessExpensesCY |
| Total Assets BOY | 13558402 | TotalAssetsBOY |
| Total Assets EOY | 16138898 | TotalAssetsEOY |
| Total Liabilities BOY | 2971349 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4233103 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 10587053 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 11905795 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE AMERICAN BOARD OF MEDICAL SPECIALTIES (ABMS) IS AN ORGANIZATION OF MEDICAL SPECIALTY BOARDS WITH SHARED GOALS AND STANDARDS RELATED TO THE CERTIFICATION OF MEDICAL SPECIALISTS. CERTIFICATION INCLUDES INITIAL SPECIALTY AND SUBSPECIALTY CERTIFICATION AND MAINTENANCE OF | MissionDescription |
| Significant New Program Services | 1 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | CERTIFICATION AND BOARD SERVICES/MOC:ABMS SERVES AS THE AUTHORITATIVE RESOURCE AND FORUM THAT ESTABLISHES STANDARDS FOR PHYSICIAN CERTIFICATION AS IT RELATES TO THE PROVISION OF QUALITY HEALTHCARE. ABMS COORDINATES ACTIVITIES OF THE 24 MEMBER BOARDS TO DEVELOP PROGRAMS AND RESOURCES THAT MAINTAIN HIGH STANDARDS FOR THE WAY PHYSICIANS LEARN AND PRACTICE THROUGHOUT THEIR CAREERS. ABMS AND ITS SUBSIDIARY, ABMS SINGAPORE LLC (ABMS-S) JOINTLY DEVELOPED A PHYSICIANS ASSESSMENT FOR MEDICAL SPECIALISTS PRACTICING IN SINGAPORE. THE ARRANGEMENT WILL ALLOW SINGAPORE TO IMPLEMENT A SYSTEM OF CERTIFICATION INCORPORATING ELEMENTS OF THE MODEL IN THE UNITED STATES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PUBLIC COMMUNICATIONS:COMMUNICATES INFORMATION ABOUT THE STANDARDS FOR PHYSICIAN CERTIFICATION TO SUPPORT THE PUBLIC'S QUEST FOR SAFE, HIGH-QUALITY HEALTHCARE. PROVIDES MECHANISMS FOR PATIENTS, CONSUMERS AND OTHER STAKEHOLDERS TO PARTICIPATE IN THE DEVELOPMENT AND REFINEMENT OF CERTIFICATION AND MAINTENANCE OF CERTIFICATION PROGRAMS FOR PHYSICIANS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INFORMATION SERVICES:PROVIDES PRODUCTS AND SERVICES FOR VERIFYING THE CERTIFICATION OF PHYSICIANS IN THE UNITED STATES. THE PUBLIC CAN SEARCH THE ABMS DATABASE FREE OF CHARGE AT THE ABMS WEBSITE. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PUBLIC TRUST PROGRAMS:DEVELOP AND PARTICIPATE IN PROGRAMS TO SUPPORT QUALITY HEALTHCARE WITH A FOCUS ON PHYSICIANS SUCH AS THE CONSUMER ASSESSMENT OF HEALTHCARE PROVIDERS AND SYSTEMS (CHAPS) AND PATIENT SAFETY IMPROVEMENTS PROGRAMS (PSIP). | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 1 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 26 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 50 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 31 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 30 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LISA WASSERMAN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3124362694 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 N LASALLLE ST STE 1500 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60601 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (41 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| JOHN B MCCABE MD | |||||||||
| CHAIR | 2.00 | X | X | 0 | 0 | 0 | |||
| THOMAS E NORRIS MD | |||||||||
| VICE CHAIR | 2.00 | X | X | 0 | 0 | 0 | |||
| VALERIE M PARISI MD MPH MBA | |||||||||
| SECRETARY-TREASURER | 2.00 | X | X | 0 | 0 | 0 | |||
| KEVIN B WEISS MD | |||||||||
| PREIDENT & CEO | 40.00 | X | X | 477565 | 0 | 84891 | |||
| JUDITH F BAUMHAUER MD MPH | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| GARY J BECKER MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| MIRIAM G BLITZER PHD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| L EDWARD BRYANT JR JD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| JO BUYSKE MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| DAVID H CHESTNUT MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| JOHN G CLARKSON MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| SUSAN DENTZER | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| KIRK A FREY MD PHD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| BRUCE J GANTZ MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| LARRY C GILSTRAP III MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| LARRY A GREEN MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| ANNE-MARIE IRANI MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| REBECCA L JOHNSON MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| GERALD H JORDAN MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| WENDY S LEVINSON MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| DENNIS J MATTHEWS MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| JOHN E MAYER MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| GAIL A MCGUINNESS MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| JOHN C MOORHEAD MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| THOMAS A MUSTOE MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| MARGARET E O'KANE MHS | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| TAE SUNG PARK MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| RANDALL K ROENIGK MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| BARBARA S SCHNEIDMAN MD MPH | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| DAVID J SCHOETZ JR MD | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| JAMES M VANDERPLOEG MD MPH | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| MARGARET JUNG | |||||||||
| COO | 40.00 | X | 220349 | 0 | 47231 | ||||
| JENNIFER MICHAEL | |||||||||
| CIO | 40.00 | X | 117412 | 0 | 413 | ||||
| LISA WASSERMAN | |||||||||
| CFO | 40.00 | X | 53751 | 0 | 2810 | ||||
| RICHARD E HAWKINS | |||||||||
| SR. VICE PRESIDENT | 40.00 | 344868 | 0 | 45154 | X | ||||
| LORI BOUKAS | |||||||||
| DIRECTOR, MARKETING | 40.00 | 122296 | 0 | 16712 | X | ||||
| CAROL CLOTHIER | |||||||||
| VP, STATE HEALTH POLICY | 40.00 | 126193 | 0 | 11488 | X | ||||
| TOM GRANATIR | |||||||||
| SR. VP, HEALTH POLICY | 40.00 | 229710 | 0 | 40297 | X | ||||
| SHELDON D HOROWITZ | |||||||||
| ADVISOR TO THE PRESIDENT | 30.00 | 186889 | 0 | 38861 | X | ||||
| MELICIA POUWELS | |||||||||
| VP, MOC EDUCATION | 40.00 | 140080 | 0 | 23185 | X | ||||
| STEPHEN H MILLER | |||||||||
| FORMER CEO | 0.00 | 149791 | 0 | 0 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2168904 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 311042 | TotalOtherCompensation |
| Number Individuals GT100 K | 10 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SILLS CUMMINS & GROSS INC | |||||
| ONE RIVERFRONT PLAZA | NEWARK | NJ | 071055400 | LEGAL | 648006 |
| HURON CONSULTING GROUP | |||||
| 4795 PAYSPHERE CIRCLE | CHICAGO | IL | 60674 | MANAGEMENT CONSULTING | 633530 |
| CFAR INC | |||||
| 1600 JOHN F KENNEDY BLVD SUITE 60 | PHILIDELPHIA | PA | 19103 | MANAGEMENT CONSULTING | 249294 |
| JOHNSON & BELL | |||||
| 33 W MONROE SUITE 2700 | CHICAGO | IL | 60603 | LEGAL | 165517 |
| ARNSTEIN & LEHR | |||||
| 120 S RIVERSIDE PLAZA | CHICAGO | IL | 60606 | LEGAL | 125534 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 8 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| DUES | 900099 | 7019998 | 7019998 | |
| LICENSE FEES | 900099 | 3174831 | $3,174,831 | |
| INTERNATIONAL CERTIFIC | 900099 | 2864835 | 2864835 | |
| CONFERENCE | 900099 | 5700 | 5700 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 13065364 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 176602 | TotalRevenueColumn |
| Exclusion | $176,602 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1558869 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1511145 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 47724 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 47724 | TotalRevenueColumn |
| Exclusion | $47,724 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 21197 | TotalRevenueColumn |
| Exclusion | $21,197 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 21197 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13310887 | TotalRevenueColumn |
| Related Or Exempt Function Income | 9890533 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $3,420,354 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 850000 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1409388 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2583089 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 125541 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 332557 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 255313 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 840070 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56523 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 110193 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43362 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1683290 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 557253 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4497 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 404753 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 509311 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 617589 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 799799 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59869 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 182643 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35434 | Total |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| RECRUITMENT | 290981 |
| MISCELLANEOUS | 9798 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11761253 | Total |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 400344 | BOY |
| EOY | 2316474 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2307767 | BOY |
| EOY | 1113770 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 173161 | BOY |
| EOY | 342904 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1571961 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 902396 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 555333 | BOY |
| EOY | 669565 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7507932 | BOY |
| EOY | 7556133 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 890000 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2613865 | BOY |
| EOY | 3250052 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13558402 | BOY |
| EOY | 16138898 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1608388 | BOY |
| EOY | 1270137 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 167765 | BOY |
| EOY | 1941654 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1195196 | BOY |
| EOY | 1021312 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2971349 | BOY |
| EOY | 4233103 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10587053 | BOY |
| EOY | 11905795 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10587053 | BOY |
| EOY | 11905795 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13558402 | BOY |
| EOY | 16138898 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1549634 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -230892 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nondeduct | 0 | SubstantiallyAllDuesNondeduct |
| Only In House Lobbying | 0 | OnlyInHouseLobbying |
| Agree To Carryover Prior Year | 0 | AgreeToCarryoverPriorYear |
| Dues Assessments | 7019998 | DuesAssessments |
| Non Ded Lobby Political Current | 110193 | NonDedLobbyPoliticalCurrent |
| Non Ded Lobby Political Total | 110193 | NonDedLobbyPoliticalTotal |
| Aggr Amt Reported In Dues Notices | 105300 | AggrAmtReportedInDuesNotices |
| Amount To Be Carried Over | 4893 | AmountToBeCarriedOver |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 373441 | OtherCostOrOtherBasis |
| Depreciation | 181356 | Depreciation |
| Book Value | 192085 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1198520 | OtherCostOrOtherBasis |
| Depreciation | 721040 | Depreciation |
| Book Value | 477480 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 669565 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DUE FROM ABMS RESEARCH AND EDUC. FOUND. | 1473877 |
| DEFERRED COMPENSATION PLAN ASSETS | 829339 |
| SECURITY DEPOSIT | 150000 |
| GOODWILL | 796836 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 3250052 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED COMPENSATION PLAN | $829,339 |
| DEFERRED RENT | $191,973 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1021312 | TotalOfAmounts |
| Total Revenue | 13310887 | TotalRevenue |
| Total Expenses | 11761253 | TotalExpenses |
| Excess Or Deficit For Year | 1549634 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -230892 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -230892 | TotalAdjustments |
| Excess Or Deficit Per FS | 1318742 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 13036633 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -230892 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -230892 | RevenueNotRptdF990 |
| Revenue Subtotal | 13267525 | RevenueSubtotal |
| Investment Expenses Not Included | 43362 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 43362 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 13310887 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 10867891 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 10867891 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 43362 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 850000 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 893362 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 11761253 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | ABMS APPLIED THE INCOME TAX TOPIC REGARDING UNCERTAIN TAX POSITIONS OF GAAPUSA AND MANAGEMENT BELIEVES THAT ABMS HAVE NO UNRECOGNIZED INCOME TAX BENEFITS. ABMS AND THE FOUNDATION WOULD ACCOUNT FOR ANY POTENTIAL INTEREST OR PENALTIES RELATED TO POSSIBLE FUTURE LIABILITIES FOR UNRECOGNIZED INCOME TAX BENEFITS AS INCOME TAX EXPENSE. ABMS IS NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR FEDERAL, STATE OR LOCAL INCOME TAXES FOR PERIODS BEFORE 2008. |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | CONTRIBUTION RECORDED AS TRANSFER OF NET ASSETS |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EAST ASIA AND THE PACIFIC - | Region |
| Number Of Offices | 1 | NumberOfOffices |
| Number Of Employees | 2 | NumberOfEmployees |
| Type Of Activities Conducted | PROGRAM SERVICES | TypeOfActivitiesConducted |
| Specific Services Provided | DEVELOPMENT OF SPECIALTY PROGRAM PLATFORM | SpecificServicesProvided |
| Total Expenditures | 2773611 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 1 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 2 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 1 | TotalNumberOfOffices |
| Total Number Of Employees | 2 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 2773611 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 2773611 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD USED TO ACCCOUNT FOR EXPENDITURES: | Identifier |
| Explanation | SCHEDULE F, PART I, LINE 3: USING THE ACCRUAL METHOD. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ABMS RESEARCH AND EDUCATION FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 NORTH LASALLE STREET 1500 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60601 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 237304902 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Cash Grant | 850000 | AmountOfCashGrant |
| Purpose Of Grant | RESEARCH AND EDUCATION | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE ORGANIZATION MAKES CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS WITH SIMILAR MISSIONS FOR THE GENERAL SUPPORT OF THESE ORGANIZATIONS. SINCE THE FUNDS ARE TO BE USED FOR THE GENERAL SUPPORT OF THEIR MISSION, WE DO NOT REQUIRE THESE ORGANIZATIONS TO SUBSTANTIATE THEIR EXPENDITURES RELATED TO THESE CONTRIBUTIONS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KEVIN B WEISS MD | |||||||||||||
| 437565 | 0 | 40000 | 0 | 0 | 0 | 36677 | 0 | 48214 | 0 | 562456 | 0 | 0 | 0 |
| MARGARET JUNG | |||||||||||||
| 196184 | 0 | 24165 | 0 | 0 | 0 | 30650 | 0 | 16581 | 0 | 267580 | 0 | 0 | 0 |
| RICHARD E HAWKINS | |||||||||||||
| 307528 | 0 | 37340 | 0 | 0 | 0 | 32500 | 0 | 12654 | 0 | 390022 | 0 | 0 | 0 |
| TOM GRANATIR | |||||||||||||
| 202210 | 0 | 27500 | 0 | 0 | 0 | 24888 | 0 | 15409 | 0 | 270007 | 0 | 0 | 0 |
| SHELDON D HOROWITZ | |||||||||||||
| 179401 | 0 | 7488 | 0 | 0 | 0 | 26207 | 0 | 12654 | 0 | 225750 | 0 | 0 | 0 |
| MELICIA POUWELS | |||||||||||||
| 127680 | 0 | 12400 | 0 | 0 | 0 | 10891 | 0 | 12294 | 0 | 163265 | 0 | 0 | 0 |
| STEPHEN H MILLER | |||||||||||||
| 0 | 0 | 0 | 0 | 149791 | 0 | 0 | 0 | 0 | 0 | 149791 | 0 | 149791 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 4B | ReturnReference |
| Explanation | KEVIN B. WEISS, PRESIDENT AND CEO, ACCRUED BENEFITS OF $36,677 FROM A NON-QUALIFIED DEFERRED COMPENSATION PLAN. A DEFERRED COMPENSATION PLAN EXISTED FOR A FORMER PRESIDENT, STEPHEN H. MILLER. IN ACCORDANCE WITH THE TERMS OF THE AGREEMENT, ABMS DISTRIBUTED $149,791 IN 2011 TO THE FORMER PRESIDENT. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION MISSION STATEMENT | FORM 990, PART III, LINE 1 | CERTIFICATION THROUGHOUT THE PHYSICIAN'S CAREER. THE MISSION OF THE ABMS IS TO MAINTAIN AND IMPROVE THE QUALITY OF MEDICAL CARE BY ASSISTING THE MEMBER BOARDS IN THEIR EFFORTS TO DEVELOP AND UTILIZE PROFESSIONAL AND EDUCATIONAL STANDARDS FOR THE CERTIFICATION OF PHYSICIAN SPECIALISTS IN THE UNITED STATES AND INTERNATIONALLY. THE INTENT OF BOTH THE INITIAL CERTIFICATION OF PHYSICIANS AND THE MAINTENANCE OF CERTIFICATION IS TO PROVIDE ASSURANCE TO THE PUBLIC THAT A PHYSICIAN SPECIALIST CERTIFIED BY A MEMBER BOARD OF THE ABMS HAS SUCCESSFULLY COMPLETED AN APPROVED EDUCATIONAL PROGRAM AND EVALUATION PROCESS WHICH INCLUDES COMPONENTS DESIGNED TO ASSESS THE MEDICAL KNOWLEDGE, JUDGMENT, PROFESSIONALISM AND CLINICAL AND COMMUNICATION SKILLS REQUIRED TO PROVIDE QUALITY PATIENT CARE IN THAT SPECIALTY. THE ABMS SERVES TO COORDINATE THE ACTIVITIES OF ITS MEMBER BOARDS AND TO PROVIDE INFORMATION TO THE PUBLIC, THE GOVERNMENTS OF THE UNITED STATES AND OTHER COUNTRIES, THE PROFESSION AND ITS MEMBERS CONCERNING ISSUES INVOLVING CERTIFICATION OF PHYSICIANS IN THE UNITED STATES AND INTERNATIONALLY. |
| NEW PROGRAM SERVICES | FORM 990, PART III, LINE 2 | ABMS AND ITS SUBSIDIARY, ABMS SINGAPORE LLC (ABMS-S) JOINTLY DEVELOPED A PHYSICIANS ASSESSMENT FOR MEDICAL SPECIALISTS PRACTICING IN SINGAPORE. THE ARRANGEMENT WILL ALLOW SINGAPORE TO IMPLEMENT A SYSTEM OF CERTIFICATION INCORPORATING ELEMENTS OF THE MODEL IN THE UNITED STATES. |
| FORM 990, PART VI, SECTION A, LINE 6 | THERE WILL BE 3 CLASSES OF MEMBERS, REGULAR MEMBERS, ASSOCIATE MEMBERS AND PUBLIC MEMBERS. REGULAR MEMBERS SHALL BE ALL THE PRIMARY AND CONJOINT MEDICAL SPECIALTY MEMBER BOARDS (CURRENTLY 24) WHICH HAVE BEEN APPROVED BY THIS CORPORATION IN ACCORDANCE WITH THE CRITERIA STIPULATED IN THE ESSENTIALS FOR APPROVAL OF EXAMINING BOARDS IN MEDICAL SPECIALTIES' AS ESTABLISHED BY THIS CORPORATION FROM TIME TO TIME. THE TOTAL NUMBER OF VOTES FOR REGULAR MEMBERS SHALL BE ONE HUNDRED. EACH PRIMARY AND CONJOINT MEMBER SHALL HAVE A BASE VOTE OF TWO. THE REMAINING VOTES SHALL BE PRORATED ACCORDING TO THE PERCENTAGE OF NEW DIPLOMATES CERTIFIED BY EACH MEMBER BOARD DURING THE PREVIOUS FIVE CALENDAR YEARS. VOTES FOR EACH MEMBER BOARD SHALL BE RECALCULATED ANNUALLY ON A BASIS OF THE NUMBER OF DIPLOMATES CERTIFIED BY EACH BOARD DURING THE PREVIOUS FIVE CALENDAR YEARS. ASSOCIATE MEMBERS SHALL BE LIMITED TO SUCH ORGANIZATIONS INTERESTED IN GRADUATE MEDICAL EDUCATION OR THE STANDARDS OF MEDICAL PRACTICE AS, IN THE SOLE OPINION OF THIS CORPORATION, CAN ASSIST IT SIGNIFICANTLY IN THE ATTAINMENT OF ITS PURPOSE. EACH ASSOCIATE MEMBER ORGANIZATION IS ENTITLED TO ONE VOTE. PUBLIC MEMBERS SHALL BE PERSONS ELECTED BY THE BOARD OF DIRECTORS TO BRING VIEWPOINTS FROM THE GENERAL PUBLIC TO THE DELIBERATIONS OF THE CORPORATION. THEY SHALL NOT EXCEED 4 IN NUMBER, AND SHALL BE ELECTED FOR AN INITIAL TERM OF 3 YEARS. EACH PUBLIC MEMBER IS ENTITLED TO ONE VOTE. | |
| FORM 990, PART VI, SECTION A, LINE 7A | SEE DESCRIPTION FOR PART VI, 7B BELOW | |
| FORM 990, PART VI, SECTION A, LINE 7B | THE ASSEMBLY, ACTING FOR THE MEMBERS, SHALL HAVE THE FOLLOWING SPECIFIED POWERS AND RESPONSIBILITIES: DETERMINING BY A TWO-THIRD AFFIRMATIVE VOTE THE RECOGNITION AND APPROVAL BY THE CORPORATION OF ALL PRIMARY AND CONJOINT MEDICAL SPECIALTY BOARDS (THEREBY ALSO ESTABLISHING A REGULAR MEMBER OF THE CORPORATION) AND OF ALL APPROVED MEDICAL SUBSPECIALTIES AND THE APPROPRIATE MEDICAL SPECIALTY (IES). ELECTING BY SIMPLE MAJORITY AT THE ANNUAL MEETING EACH YEAR, THOSE OFFICERS, COMMITTEE MEMBERS AND REPRESENTATIVES TO OTHER ORGANIZATIONS REQUIRING ELECTION FROM AMONG PERSONS NOMINATED BY THE GOVERNANCE COMMITTEE OR FROM THE FLOOR. APPROVING BY A TWO-THIRDS AFFIRMATIVE VOTE ALL PROPOSED INCREASES (BUT NOT DECREASES) ON MEMBERSHIP DUES OF ANY PROPOSED ASSESSMENTS OF THE MEMBER BOARDS. APPROVING BY A TWO-THIRDS AFFIRMATIVE VOTE ALL PROPOSED AMENDMENTS TO THE CORPORATION'S ARTICLES OF INCORPORATION OR TO THE ARTICLE III OF THESE BYLAWS. RESOLVING BY A SIMPLE MAJORITY AFFIRMATIVE VOTE (UNLESS A GREATER MAJORITY IS REQUIRED BY LAW OF BY THESE BYLAWS) ANY DISPUTED SUBSTANTIVE AND NONPROCEDURAL MATTER BEFORE THE BOARD OF DIRECTORS WHICH IS CERTIFIED IN WRITING BY AT LEAST FIVE OR MORE DIRECTORS FOR REFERRAL TO THE ASSEMBLY, WHICH REFERRAL SHALL INCLUDE THE WRITTEN RECOMMENDATIONS OF THE BOARD OF DIRECTORS ON THE MATTER. APPROVING BY A SIMPLE MAJORITY AFFIRMATIVE VOTE THE ANNUAL BUDGET OF THE ABMS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND PROVIDES A FULL COPY TO ALL VOTING MEMBERS OF THE GOVERNING BODY. THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED. | |
| FORM 990, PART VI, SECTION B, LINE 12C | AT 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 DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POTENTIAL CONFLICT OF 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 OF INTEREST IN FACT EXISTED. | |
| FORM 990, PART VI, SECTION B, LINE 15A | FORM 990, PART VI, SECTION B, LINE 15: FOR CEO COMPENSATION 1 MEMBERS OF THE EXECUTIVE COMMITTEE, WHO ARE INDEPENDENT, SET THE COMPENSATION FOR THE CEO. 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 CEO SETS COMPENSATION IN CONSULTATION WITH AN OUTSIDE CONSULTING FIRM AND CONSIDERING COMPARABILITY DATA. | |
| FORM 990, PART VI, SECTION C, LINE 19 | PUBLISH ANNUAL REPORT CONTAINING GOVERNING DOCUMENTS. AVAILABLE ON WEBSITE. GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE THROUGH APPLICABLE GOVERNMENTAL AGENCIES; THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. | |
| FORM 990, PART VII, SECTION A - COMPENSATION | THE COMPENSATION REPORTED IN PART VII FOR THE FOLLOWING INDIVIDUALS IS THE COMPENSATION PAID BY THE FILING ORGANIZATION ABMS FOR A FULL-TIME POSITION HOWEVER A PORTION OF THE INDIVIDUAL'S TIME IS DEVOTED TO A RELATED ORGANIZATION, ABMS RESEARCH AND EDUCATION FOUNDATION (ABMS-REF) AND IS REIMBURSED BY ABMS-REF. FOLLOWING IS THE ESTIMATED ALLOCATION OF THE HOURS SPENT FOR EACH ENTITY: KEVIN B. WEISS - ABMS 36 HOURS AND ABMS-REF 4 HOURS RICHARD HAWKINS - ABMS 28 HOURS AND ABMS-REF 12 HOURS JENNIFER MICHAEL - ABMS 36 HOURS AND ABMS-REF 4 HOURS MARGARET JUNG - ABMS 36 HOURS AND ABMS-REF 4 HOURS LISA WASSERMAN - ABMS 36 HOURS AND ABMS-REF 4 HOURS SHELDON HOROWITZ - ABMS 15 HOURS AND ABMS-REF 15 HOURS MELICIA POUWELS - ABMS 14 HOURS AND ABMS-REF 26 HOURS | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -230,892. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| ABMS - INTERNATIONAL LLC | |||||||||
| 222 N LASALLE ST SUITE 1500 | CHICAGO | IL | 60601 | 274201101 | HOLDING COMPANY | IL | 1508435 | 1166897 | ABMS |
| ABMS - SINGAPORE LLC | |||||||||
| 222 N LASALLE ST SUITE 1500 | CHICAGO | IL | 60601 | 274201326 | CERTIFICATION ACTIVITIES | IL | 0 | 0 | ABMS - INTERNATIONAL LLC |
| ABMS SOLUTIONS LLC | |||||||||
| 222 N LASALLE ST SUITE 1500 | CHICAGO | IL | 60601 | 453952583 | PROVIDING CERTIFICATION SOLUTIONS FOR CREDENTIALERS | IL | 0 | 1893322 | ABMS |
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ABMS RESEARCH AND EDUCATION FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 NORTH LASALLE ST 1500 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60601 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237304902 | EIN |
| Primary Activities | RESEARCH AND EDUCATION | PrimaryActivities |
| Legal Domicile State | IL | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 509(A)(3) | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ABMS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 1 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| ABMS RESEARCH AND EDUCATION FOUNDATION | ||
| P | 1374503 | AUDITED EXPENSE REPORT |
| ABMS RESEARCH AND EDUCATION FOUNDATION | ||
| B | 850000 | CASH |
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