2011-08-15T12:25:32-05:00 2010-12-31 BLACKMAN KALLICK LLP 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2010-01-01 237304902 AMERICAN BOARD OF MEDICAL SPECIALTIES RESEARCH AND EDUCATION FOUNDATION AMER 3124362600 222 N LASALLE ST NO 1500 CHICAGO IL 60601 KEVIN B WEISS 3124362600 2011-08-10 1 DAVID LOWENTHAL 3122071040 2011-08-10 2010 2016-02-24 21:20:13Z KEVIN B WEISS MD 222 N LASALLE ST NO 1500 CHICAGO IL 60601 1290278 0 X N/A X 1973 IL 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. 31 30 0 47 0 0 0 1228931 0 56158 2355 13 0 5176 2355 1290278 0 0 0 0 598385 678664 0 0 0 1744425 1157784 2342810 1836448 -2340455 -546170 1586797 818592 1777912 1555877 -191115 -737285 X 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. 0 0 420210 173931 PREPARING THE PHYSICIAN WORKFORCE TO IMPROVE PERFORMANCE IN PRACTICE. ABMS FOUNDATION RECEIVED A GRANT FORM RWJF FOR IMPLEMENTATION OF THE THIRD PHASE OF THE IMPROVING PERFORMANCE IN PRACTICE (IPIP) QUALITY IMPROVEMENT INITIATIVE. DEVELOPED IN COLLABORATION WITH PRIMARY CARE SPECIALTY SOCIETIES. IPIP IS A STATE BASED EFFORT TO HELP PHYSICIANS TO IMPROVE CARE FOR PATIENTS WITH CHRONIC CONDITIONS IN THE OFFICE PRACTICE SETTING.OPERATIONAL IN FIVE STATES, 122 PRACTICES AND 183,000 PATIENTS. 518065 12465 CHARACTERIZING EPISODES AND COSTS OF CARE.ABMS-REF RECEIVED A GRANT FROM ROBERT WOOD JOHNSON FOUNDATION (RWJF) FOR AN INITIATIVE TO DEVELOP AND TEST EPISODE-BASED COST MEASURES FOR COMMON HEALTH CONDITIONS TO PROVIDE A NATIONAL STARTER SET OF COST MEASURES. THE MEASURES WILL BE USED IN CONJUNCTION WITH QUALITY MEASURES THAT WILL BE AVAILABLE THROUGH THE BROADER HIGH VALUE HEALTHCARE PROJECT. 478374 11123 RESEARCHMOC SUPPORT PROGRAM DEVELOPS PERFORMANCE MEASURES, SELF ASSESSMENT PROGRAMS, PATIENT SAFETY COURSES, PRACTICE IMPROVEMENT ACTIVITIES AND REGISTRIES TO ASSIST BOARD CERTIFIED PHYSICIANS IN MAINTAINING THEIR CERTIFICATION TO DRIVE IMPROVEMENTS IN QUALITY OF CARE. 223407 21570 223407 21570 1640056 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 6 0 0 0 0 0 0 0 0 0 0 X 31 30 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X KEVIN B WEISS MD 3124362600 222 N LASALLE ST STE 1500 CHICAGO IL 60601 JOHN B MCCABE MD 0.50 X X 0 0 0 THOMAS E NORRIS MD 0.50 X X 0 0 0 VALERIE M PARISIMDMPHMBA 0.50 X X 0 0 0 JUDITH F BAUMHAUER MDMPH 0.10 X 0 0 0 GARY J BECKER MD 0.10 X 0 0 0 JO BUYSKE MD 0.10 X 0 0 0 L EDWARD BRYANT JRJD 0.10 X 0 0 0 DAVID H CHESTNUT MD 0.10 X 0 0 0 JOHN G CLARKSON MD 0.10 X 0 0 0 BRUCE J GANTZ 0.10 X 0 0 0 LARRY A GREEN 0.10 X 0 0 0 ANNE-MARIE IRANI 0.10 X 0 0 0 REBECCA L JOHNSON 0.10 X 0 0 0 GERALD H JORDAN 0.10 X 0 0 0 WENDY S LEVINSON 0.10 X 0 0 0 KARLA MATTESON 0.10 X 0 0 0 DENNIS J MATTHEWS MD 0.10 X 0 0 0 JOHN C MOORHEAD MD 0.10 X 0 0 0 LLOYD B MORGAN 0.10 X 0 0 0 THOMAS A MUSTOE 0.10 X 0 0 0 MARGARET E O'KANE MHS 0.10 X 0 0 0 TAE SUNG PARK MD 0.10 X 0 0 0 RANDALL K ROENIGK MD 0.10 X 0 0 0 BARBARA S SCHNEIDMANMD MPH 0.10 X 0 0 0 DAVID J SCHOETZ JRMD 0.10 X 0 0 0 GEORGE M SEGALL MD 0.10 X 0 0 0 JAMES A STOCKMAN IIIMD 0.10 X 0 0 0 JAMES M VANDERPOEG MD MPH 0.10 X 0 0 0 GERSON WEISS MD 0.10 X 0 0 0 KEVIN B WEISS MD 10.00 X X 0 499422 78699 MARGARET JUNG 10.00 X 0 211509 23248 0 710931 101947 0 0 1 0 CINCINNATI CHILDREN'S HOSPITAL MEDICAL C 333 BURNET AVE MLC 7014 CINCINNATI OH 45274 RESEARCH 204125 NORTHWESTERN UNIVERSITY 750 N LAKE SHORE DR CHICAGO IL 60611 RESEARCH 138557 THOMSON REUTERS INC PO BOX 71716 CHICAGO IL 71716 RESEARCH 129414 WASHINGTON ACADEMY OF FAMILY PHYSICIANS 1050 140TH AVE NE SUITE C BELLEVUE WA 98005 RESEARCH 100913 4 1228931 1228931 CONTRACTS 900099 43408 43408 CONFERENCE 900099 12750 12750 56158 13 13 MISCELLANEOUS 900099 5176 5176 5176 1290278 56158 0 5189 576182 446190 129992 29718 28042 1676 38616 30177 8439 34148 28192 5956 85607 85607 46746 44874 1872 5115 5115 5563 5563 61268 58534 2734 27926 24613 3313 56457 44627 11830 37905 37905 233538 214121 19417 22240 17459 4781 5691 4424 1267 RESEARCH SUBCONTRACTORS 569728 569728 1836448 1640056 196392 0 1051323 589091 530655 226759 4819 2742 12309 12309 0 0 1586797 818592 201964 132595 1575948 1423282 1777912 1555877 X -955459 -737285 764344 0 -191115 -737285 1586797 818592 -546170 0 X X 0 1 1 X 0 X X 0 0 0 ABMS 410847713 501(C)(6) 1 1 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12309 12309 0 0 DUE TO ABMS 1423282 1423282 1290278 1836448 -546170 0 -546170 235278 0 235278 1055000 1055000 1290278 1836448 0 1836448 0 1836448 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ASSOCIATION AND FOUNDATION'S ADOPTION OF THE INCOME TAX TOPIC REGARDING UNCERTAIN TAX POSITIONS OF GAAPUSA ON JANUARY 1, 2009 HAD NO EFFECT ON ITS FINANCIAL POSITION AS MANAGEMENT BELIEVES THE ASSOCIATION AND FOUNDATION HAVE NO MATERIAL UNRECOGNIZED INCOME TAX BENEFITS, INCLUDING ANY POTENTIAL RISK OF LOSS OF ITS NOT-FOR-PROFIT TAX STATUS. THE ASSOCIATION AND FOUNDATION WOULD ACCOUNT FOR ANY POTENTIAL INTEREST OR PENALTIES RELATED TO POSSIBLE FUTURE LIABILITIES FOR UNRECOGNIZED INCOME TAX BENEFITS AS OTHER EXPENSE. THE ASSOCIATION AND FOUNDATION ARE NO LONGER SUBJECT TO EXAMINATION BY FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR PERIODS BEFORE 2006. PRIOR TO ADOPTION OF THE INCOME TAX TOPIC, THE ASSOCIATION AND FOUNDATION ACCOUNTED FOR TAX POSITIONS UNDER A CONTINGENT LOSS MODEL, REQUIRING RECOGNITION OF A TAX LIABILITY WHEN IT WAS BOTH (1) PROBABLE THAT IT HAD BEEN INCURRED AS OF YEAR-END AND (2) THE AMOUNT COULD BE REASONABLY ESTIMATED. PART XII, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTION RECORDED AS TRANSFER OF NET ASSETS 1,055,000. X X X X X 0 1 0 0 0 0 0 0 0 KEVIN B WEISS MD 0 426386 0 73036 0 0 0 30536 0 48163 0 578121 0 0 MARGARET JUNG 0 193896 0 17613 0 0 0 0 0 23248 0 234757 0 0 PART I, LINE 4B KEVEN B. WEISS, PRESIDENT AND CEO, ACCRUED BENEFITS OF $30,536 FROM A NON-QUALIFIED DEFERRED COMPENSATION PLAN FROM ABMS, A RELATED ORGANIZATION. 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. 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 XI, LINE 2C REVIEW OF AUDITED FINANCIAL STATEMENTS THERE HAS BEEN NO CHANGE IN THE BOARD PROCESS TO REVIEW THE AUDIT OF FINANCIAL STATEMENTS 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. ABMS - INTERNATIONAL LLC 222 N LASALLE ST SUITE 1500 CHICAGO IL 60601 274201101 HOLDING COMPANY DE 0 0 N/A ABMS - SINGAPORE LLC 222 N LASALLE ST SUITE 1500 CHICAGO IL 60601 274201326 HOLDING COMPANY DE 0 0 ABMS - INTERNATIONAL LLC AMERICAN BOARD OF MEDICAL SPECIALTIES 222 NORTH LASALLE STREET SUITE 1500 CHICAGO IL 60601 410847713 ESTABLISH STANDARDS FOR PHYSICAL SPECIALTY CERTIFICATION IL 501 (C) (6) NONE 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 AMERICAN BOARD OF MEDICAL SPECIALTIES M 254168 AMERICAN BOARD OF MEDICAL SPECIALTIES N 648166 AMERICAN BOARD OF MEDICAL SPECIALTIES O 902334