AMERICAN BOARD OF MEDICAL SPECIALTIES RESEARCH & EDUCATION F: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- AMERICAN BOARD OF MEDICAL SPECIALTIES RESEARCH & EDUCATION F (EIN 23-7304902)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-09-20
- IRS object ID
- 201242649349300909
- 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 | 237304902 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICAN BOARD OF MEDICAL SPECIALTIES | BusinessNameLine1 |
| Business Name Line2 | RESEARCH AND EDUCATION FOUNDATION | BusinessNameLine2 |
| 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 N LASALLE ST 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 AND 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 N LASALLE ST NO 1500 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60601 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2042830 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1973 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | SEE 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 PROFESSIONAL AND OTHER STAKEHOLDS. 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 31 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 30 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 80 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1228931 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 850000 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 56158 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1192830 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 13 | InvestmentIncomePriorYear |
| Investment Income Current Year | 0 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 5176 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1290278 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2042830 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 678664 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1025983 | 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 | 1157784 | OtherExpensePriorYear |
| Other Expenses Current Year | 1588017 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1836448 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2614000 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -546170 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -571170 | RevenuesLessExpensesCY |
| Total Assets BOY | 818592 | TotalAssetsBOY |
| Total Assets EOY | 332748 | TotalAssetsEOY |
| Total Liabilities BOY | 1555877 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1641203 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -737285 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -1308455 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1308796 | Expense |
| Revenue | 0 | Revenue |
| Description | MOC SUPPORT:MOC (MAINTENANCE OF CERTIFICATION) SUPPORT DEVELOPS PERFORMANCE MEASUREMENT TOOLS, SELF-ASSESSMENT PROGRAMS, PATIENT SAFETY COURSES, PRACTICE IMPROVEMENT ACTIVITIES, REGISTRIES AND OTHER SYSTEMS AND TOOLS TO ASSURE HIGH STANDARDS AND ACCOUNTABILITY IN THE PROFESSION OF MEDICINE. ACTIVITIES INCLUDED THE DEVELOPMENT OF A NATIONAL SURGICAL AND PROCEDURAL DATABASE TO CAPTURE, STORE, ANALYZE, AND REPORT ON PATIENT CARE OUTCOMES; WORK WITH THE COUNCIL ON CONTINUING MEDICAL EDUCATION TO CREATE AN EVIDENCE BASED AND CLINICALLY RELEVANT CONTINUING MEDICAL EDUCATION PROGRAM; PARTNERSHIP WITH THE FEDERATION OF STATE MEDICAL BOARDS TO DESIGN A PROGRAM FOR USE IN ASSESSING PHYSICIAN COMPETENCE AS A CONDITION OF RELICENSURE. A RELATED ORGANIZATION PROVIDES A DONATION THAT, IN PART, FUNDS THIS PROGRAM. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 625516 | Expense |
| Revenue | 714505 | Revenue |
| Description | ALIGNING ABMS MOC (MAINTENANCE OF CERTIFICATION) WITH THE MEANINGFUL USE OF HIT (HEALTH INFORMATION TECHNOLOGY):UNDER A CONTRACT FROM THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES AND THE OFFICE OF THE NATIONAL COORDINATOR, ABMS-REF AND THE PRIMARY CARE ABMS MEMBER BOARDS OF FAMILY MEDICINE (ABFM), INTERNAL MEDICINE (ABIM) AND PEDIATRICS (ABPEDS) DEVELOPED TOOLS AND ACTIVITIES FOR THE ABMS MOC PROGRAM TO ENHANCE PHYSICIAN KNOWLEDGE AND USE OF HEALTH INFORMATION TECHNOLOGY (HIT) TO IMPROVE PATIENT CARE AND OUTCOMES. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 497847 | Expense |
| Revenue | 478325 | Revenue |
| Description | QUALITY IMPROVEMENT FOR AMBULATORY CARE:UNDER A CONTRACT FROM GEORGE WASHINGTON UNIVERSITY'S NATIONAL PROGRAM OFFICE, THE ABMS-REF COMPLETED A PLANNING GRANT SPONSORED BY THE RWJF TO USE THE IMPROVING PERFORMANCE IN PRACTICE MODEL (IPIP) TO FOSTER AMBULATORY QUALITY IMPROVEMENT IN THE ALIGNING FORCES FOR QUALITY (AF4Q) COMMUNITIES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 2432159 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | 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 | 0 | 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 | 0 | ForeignOffice |
| Foreign Activities | 0 | 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 | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| 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 | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 1 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 4 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| 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 |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| 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 LASALLE 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 (37 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 |
|---|---|---|---|---|---|---|---|---|
| JOHN B MCCABE MD | ||||||||
| CHAIR | 0.50 | X | X | 0 | 0 | 0 | ||
| THOMAS E NORRIS MD | ||||||||
| VICE CHAIR | 0.50 | X | X | 0 | 0 | 0 | ||
| VALERIE M PARISI MD MPH MBA | ||||||||
| SECRETARY-TREASURER | 0.50 | X | X | 0 | 0 | 0 | ||
| KEVIN B WEISS MD | ||||||||
| PREIDENT & CEO | 4.00 | X | X | 0 | 477565 | 84891 | ||
| JUDITH F BAUMHAUER MD MPH | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| GARY J BECKER MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| MIRIAM G BLITZER PHD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| L EDWARD BRYANT JR JD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| JO BUYSKE MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| DAVID H CHESTNUT MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| JOHN G CLARKSON MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| SUSAN DENTZER | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| KIRK A FREY MD PHD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| BRUCE J GANTZ MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| LARRY C GILSTRAP III MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| LARRY A GREEN MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| ANNE-MARIE IRANI MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| REBECCA L JOHNSON MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| GERALD H JORDAN MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| WENDY S LEVINSON MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| DENNIS J MATTHEWS MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| JOHN E MAYER MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| GAIL A MCGUINNESS MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| JOHN C MOORHEAD MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| THOMAS A MUSTOE MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| MARGARET E O'KANE MHS | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| TAE SUNG PARK MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| RANDALL K ROENIGK MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| BARBARA S SCHNEIDMAN MD MPH | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| DAVID J SCHOETZ JR MD | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| JAMES M VANDERPLOEG MD MPH | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| MARGARET JUNG | ||||||||
| COO | 4.00 | X | 0 | 220349 | 47231 | |||
| JENNIFER MICHAEL | ||||||||
| CIO | 4.00 | X | 0 | 117412 | 413 | |||
| LISA WASSERMAN CPA | ||||||||
| CFO | 4.00 | X | 0 | 53751 | 2810 | |||
| RICHARD E HAWKINS MD | ||||||||
| SR. VICE PRESIDENT | 12.00 | 0 | 344868 | 45154 | X | |||
| SHELDON D HOROWITZ MD | ||||||||
| ADVISOR TO THE PRESIDENT | 15.00 | 0 | 186889 | 38861 | X | |||
| MELICIA POUWELS | ||||||||
| VP, MOC EDUCATION | 26.00 | 0 | 140080 | 23185 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 1540914 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 242545 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| CINCINNATI CHILDREN'S HOSPITAL MEDICAL C | |||||
| 333 BURNET AVE MLC 7014 | CINCINNATI | OH | 45274 | RESEARCH | 374491 |
| AMERICAN BOARD OF PEDIATRICS INC | |||||
| 111 SILVER CEDAR COURT | CHAPEL HILL | NC | 27514 | RESEARCH | 219073 |
| AMERICAN BOARD OF FAMILY MEDICINE INC | |||||
| 1648 MCGRATHIANA PKWY SUITE 550 | LEXINGTON | KY | 40511 | RESEARCH | 156756 |
| AMERICAN BOARD OF INTERNAL MEDICINE | |||||
| 510 WALNUT STREET SUITE 1700 | PHILADELPHIA | PA | 19106 | RESEARCH | 153985 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| Related Organizations | 850000 | RelatedOrganizations |
| Total Contributions | 850000 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | RESEARCH & EDUCATION C | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 1192830 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1192830 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1192830 | TotalProgramServiceRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2042830 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1192830 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 848250 | Total |
| Program Services | 805285 | ProgramServices |
| Management And General | 42965 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50525 | Total |
| Program Services | 47856 | ProgramServices |
| Management And General | 2669 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71543 | Total |
| Program Services | 65982 | ProgramServices |
| Management And General | 5561 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55665 | Total |
| Program Services | 52866 | ProgramServices |
| Management And General | 2799 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16976 | Total |
| Program Services | 16846 | ProgramServices |
| Management And General | 130 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5215 | Total |
| Management And General | 5215 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38072 | Total |
| Program Services | 37683 | ProgramServices |
| Management And General | 389 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18541 | Total |
| Program Services | 16735 | ProgramServices |
| Management And General | 1806 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 109664 | Total |
| Program Services | 103779 | ProgramServices |
| Management And General | 5885 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 79916 | Total |
| Program Services | 79916 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 220035 | Total |
| Program Services | 108204 | ProgramServices |
| Management And General | 111831 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39822 | Total |
| Program Services | 37820 | ProgramServices |
| Management And General | 2002 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7745 | Total |
| Program Services | 7356 | ProgramServices |
| Management And General | 389 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| RESEARCH SUBCONTRACTORS | 1044711 | 1044711 | |
| RECRUITMENT | 7320 | 7120 | 200 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2614000 | Total |
| Program Services | 2432159 | ProgramServices |
| Management And General | 181841 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 589091 | BOY |
| EOY | 151281 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 226759 | BOY |
| EOY | 177940 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2742 | BOY |
| EOY | 3527 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 12309 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 12309 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 818592 | BOY |
| EOY | 332748 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 132595 | BOY |
| EOY | 167326 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1423282 | BOY |
| EOY | 1473877 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1555877 | BOY |
| EOY | 1641203 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -737285 | BOY |
| EOY | -1308455 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -737285 | BOY |
| EOY | -1308455 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 818592 | BOY |
| EOY | 332748 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -571170 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | 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 A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type1 | X | SupportingOrg509a3Type1 |
| Contrib By Controlling Individual | 0 | ContribByControllingIndividual |
| Contribution By Related Party | 0 | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | 0 | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ABMS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410847713 | EIN |
| Type Of Organization | 501(C)(6) | TypeOfOrganization |
| Listed In Governing Doc | 1 | ListedInGoverningDoc |
| Organized In US | 1 | OrganizedInUS |
| Amount | $0 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 1 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 0 | SumOfAmounts |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12309 | OtherCostOrOtherBasis |
| Depreciation | 12309 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE TO ABMS | Description |
| Amount | $1,473,877 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1473877 | TotalOfAmounts |
| Total Revenue | 2042830 | TotalRevenue |
| Total Expenses | 2614000 | TotalExpenses |
| Excess Or Deficit For Year | -571170 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | -571170 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 1192830 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 1192830 | RevenueSubtotal |
| Other Revenues Not Included | 850000 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 850000 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 2042830 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2614000 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 2614000 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2614000 | 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 XII, LINE 4B - OTHER ADJUSTMENTS: | CONTRIBUTION RECORDED AS TRANSFER OF NET ASSETS 850,000. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (5 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 | |||||||||||||
| 0 | 437565 | 0 | 40000 | 0 | 0 | 0 | 36677 | 0 | 48214 | 0 | 562456 | 0 | 0 |
| MARGARET JUNG | |||||||||||||
| 0 | 196184 | 0 | 24165 | 0 | 0 | 0 | 30650 | 0 | 16581 | 0 | 267580 | 0 | 0 |
| RICHARD E HAWKINS MD | |||||||||||||
| 0 | 307528 | 0 | 37340 | 0 | 0 | 0 | 32500 | 0 | 12654 | 0 | 390022 | 0 | 0 |
| SHELDON D HOROWITZ MD | |||||||||||||
| 0 | 179401 | 0 | 7488 | 0 | 0 | 0 | 26207 | 0 | 12654 | 0 | 225750 | 0 | 0 |
| MELICIA POUWELS | |||||||||||||
| 0 | 127680 | 0 | 12400 | 0 | 0 | 0 | 10891 | 0 | 12294 | 0 | 163265 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART I, LINE 4B | KEVIN B. WEISS, PRESIDENT AND CEO, ACCRUED BENEFITS OF $36,677 FROM A NON-QUALIFIED DEFERRED COMPENSATION PLAN FROM ABMS, A RELATED ORGANIZATION. | |
| PART III | COMPENSATION IS DETERMINED BY A RELATED ORGANIZATION FOR THE CEO AND OTHER KEY EMPLOYEES. 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. 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. | SUPPLEMENTAL INFORMATION |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | INDEPENDENT VOTING MEMBERS IN ADDITION TO THE ORGANIZATION'S BOARD OF DIRECTORS AS ITS GOVERNING BODY, SPECIFIED GOVERNANCE/SPONSORSHIP ROLES ARE PLAYED AND DECISIONS ARE MADE, PURSUANT TO EXPLICIT BYLAWS PROVISIONS CONSISTENT WITH ILLINOIS CORPORATE LAW, BY (1) ITS SOLE CORPORATE MEMBER, THE AMERICAN BOARD OF MEDICAL SPECIALTIES (ABMS), AN ILLINOIS NON-FOR-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SEC. 501 (C)(6) AND (2) ITS EXECUTIVE COMMITTEE. THE SOLE MEMBER "RESERVED POWERS" AS SET FORTH IN THE BYLAWS ARE AS FOLLOWS: SECTION 2.1. MEMBERSHIP DEFINED. THE FOUNDATION SHALL HAVE ONE MEMBER, NAMELY: THE AMERICAN BOARD OF MEDICAL SPECIALTIES, A NOT-FOR-PROFIT CORPORATION OF ILLINOIS. IN THESE BYLAWS, THE MEMBER SHALL BE REFERRED TO AS THE "SOLE MEMBER." SECTION 2.2. MEMBER'S RESERVED POWERS. 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 ACTIONS REQUIRED TO BE TAKEN OR APPROVED BY THE SOLE MEMBER SHALL BE EXERCISED BY THE SOLE MEMBER'S BOARD OF DIRECTORS AND NOT BY ITS MEMBERS OR BY THE ASSEMBLY OF ITS MEMBERS; (A) ELECTING ALL AT-LARGE DIRECTORS TO THE FOUNDATION'S BOARD OF DIRECTORS AND REMOVING THEM, WITH OR WITHOUT CAUSE. (B) APPOINTING THE CHAIR, VICE CHAIR, AND THE PRESIDENT AND THE CEO OF THE FOUNDATION AND REMOVING THEM, WITH OR WITHOUT CAUSE, SUBJECT TO CONTRACT RIGHTS. (C) AMENDING ARTICLES OF INCORPORATION AND CORPORATE BYLAWS OF THE FOUNDATION. (D) APPROVING THE FOUNDATION'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. (E) APPROVING ALL MISSION AND/OR VISION STATEMENTS AND ALL STRATEGIC OR LONG-TERM PLANS OF THE FOUNDATION. (F) APPROVING ALL CREATION OR ACQUISITIONS OF SUBSIDIARIES OR CONTROLLED AFFILIATES, MERGERS, CONSOLIDATIONS PERMANENT OR LONG TERM AFFILIATIONS AND ALL JOINT VENTURES OF THE FOUNDATION, INVOLVING CAPITAL INVESTMENTS IN EXCESS OF SUCH AMOUNT AS SHALL BE SPECIFIED FORM TIME TO TIME IN WRITING FROM THE SOLE MEMBER TO THE FOUNDATION. (G) APPROVING THE SALE OR ENCUMBRANCE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE FOUNDATION ALL LONG-TERM DEBT IN EXCESS OF SUCH AMOUNT THAT SHALL BE SPECIFIED FROM TIME TO TIME IN WRITING FROM THE SOLE MEMBER TO THE FOUNDATION. (H) APPROVING THE DISSOLUTION OF ALL LIQUIDATIONS FROM THE FOUNDATION. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS HAS THE BYLAWS AUTHORITY BETWEEN BOARD MEETINGS TO ACT FOR THE BOARD EXCEPT WHERE PROHIBITED BY STATUTE. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE SOLE VOTING MEMBER OF THE AMERICAN BOARD OF MEDICAL SPECIALTIES RESEARCH AND EDUCATION FOUNDATION IS THE ABMS WHICH ACTS THROUGH ITS BOARD OF DIRECTORS PER THE BYLAWS. |
| FORM 990, PART VI, SECTION A, LINE 7A | ELECTION 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 ORGANIZATION. PLEASE REFER TO PART VI, SECTION A, LINE 1 DESCRIPTION. |
| FORM 990, PART VI, SECTION A, LINE 7B | PLEASE REFER TO PART VI, SECTION A, LINE 1 DESCRIPTION. |
| 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 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 15A | COMPENSATION IS DETERMINED BY A RELATED ORGANIZATION FOR THE CEO AND OTHER KEY EMPLOYEES. 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. 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 19 | THE 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 - COMPENSATION | THE COMPENSATION FROM A RELATED ORGANIZATION, AMERICAN BOARD OF MEDICAL SPECIALTIES (ABMS) REPORTED IN PART VII FOR THE FOLLOWING INDIVIDUALS 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 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 |
| FORM 990 PART IV, LINE 33 | THE 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 ORGANIZATION. 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 MEDICAL GENETICS, 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 ORGANIZATION'S BOARD OF DIRECTORS. HOWEVER, NO SUCH SPECIALTY CERTIFYING BOARD EVER NOMINATES, SPONSORS OR CONTROLS MORE THAN TWO (2) VOTING MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS AND, ACCORDINGLY, NONE OF THEM MEETS THE MAJORITY CONTROL REQUIREMENTS OF THE DEFINITION OF "RELATED PARTY" FOR SCHEDULE R. ADDITIONALLY, SINCE THE ORGANIZATION'S BYLAWS PROVIDE THAT ITS BOARD OF DIRECTORS SHALL BE THE SAME BOARD AS THAT OF THE ABMS, AND THE ABMS BYLAWS REQUIRE THAT A MAJORITY OF THAT BOARD SHALL NEVER BE COMPRISED OF PAID BOARD EXECUTIVES, THE ORGANIZATION IS ASSURED OF ALWAYS HAVING A MAJORITY OF ITS BOARD CONSISTING OF UNPAID VOLUNTEERS. IN THOSE INFREQUENT CIRCUMSTANCES IN WHICH THE ORGANIZATION HAS CONTRACTED OR MIGHT CONTRACT WITH ONE OR MORE OF ITS CERTIFYING BOARDS, THE BYLAW POLICY ON CONFLICTS OR DUALITIES OF INTEREST WOULD REQUIRE FULL DISCLOSURE AND WOULD PROHIBIT PARTICIPATION BY ANY APPLICABLE PAID EXECUTIVE IN THE VOTING OR CONTRACT APPROVAL PROCESS. |
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 | 0 | 0 | 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 | 0 | ABMS |
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICAN BOARD OF MEDICAL SPECIALTIES | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 NORTH LASALLE STREET SUITE 1500 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60601 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410847713 | EIN |
| Primary Activities | ESTABLISH STANDARDS FOR PHYSICIAN SPECIALTY CERTIFICATION | PrimaryActivities |
| Legal Domicile State | IL | LegalDomicileState |
| Exempt Code Section | 501 (C) (6) | ExemptCodeSection |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NONE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | 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 | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | 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 |
|---|---|---|
| AMERICAN BOARD OF MEDICAL SPECIALTIES | ||
| O | 1374503 | AUDITED EXPENSE REPORT |
| AMERICAN BOARD OF MEDICAL SPECIALTIES | ||
| C | 850000 | CASH |
Comments