2011-02-10T11:27:01-06:00 2010-06-30 RSM McGladrey Inc 512 Township Ln Rd 1 Valley Sq Ste Blue Bell PA 194222700 990 2009-07-01 232585181 ABIM FOUNDATION ABIM 2154463500 510 WALNUT STREET No 1700 PHILADELPHIA PA 191063699 Vincent Mandes 2154463500 2011-02-04 1 Christopher M Pekula 2156418610 2009 2016-02-24 21:20:13Z vincenT mandes 510 WALNUT STREET No 1700 PHILADELPHIA PA 191063699 6132648 0 X www.abimfoundation.org X 1999 IA Our strategic goal is to catalyze improvements in health care by advancing medical professionalism. 14 0 16 0 0 0 0 0 1404443 2567311 62500 76194 1466943 2643505 2097192 1500000 0 2282784 1778017 0 0 1007334 1290446 5387310 4568463 -3920367 -1924958 59519160 62368044 1932317 1352169 57586843 61015875 Our strategic goal is to catalyze improvements in health care by advancing medical professionalism. 0 0 4568463 1500000 ESTABLISHING AND MAINTAINING CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES IN ORDER TO BENEFIT, PERFORM THE FUNCTIONS OF, AND CARRY OUT THE PURPOSES OF The American Board of Internal Medicine and other SIMILAR ORGANIZATIONS. 4568463 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 36 0 16 1 0 0 0 0 0 0 0 0 0 0 14 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 PA X VINCENT MANDES 2154463500 510 WALNUT STREET No 1700 PHILADELPHIA PA 191063699 CHRISTINE K CASSEL 35.00 X X 178074 534222 149395 SHEILA T LEATHERMAN 5.00 X 14000 0 0 DEBRA L NESS 5.00 X 16766 0 0 BEVERLY WOO 5.00 X 17000 0 0 John Popovich Jr 5.00 X X 23250 0 0 DONALD E WESSON 5.00 X X 17000 0 0 DEBORAH LEFF 5.00 X 17000 0 0 GLENN M HACKBARTH 5.00 X X 14000 0 0 David B Hellmann 5.00 X 17000 0 0 Richard Baron 5.00 X 16530 0 0 Holly J Humphrey 5.00 X 6500 0 0 Wendy Levinson 5.00 X 6500 0 0 Elizabeth McGlynn 5.00 X 6500 0 0 Daniel B Wolfson 35.00 X 328827 0 42168 MARC D FELDMAN 35.00 X 23828 214449 26089 Vincent Mandes 35.00 X 5637 50734 0 Cara Lesser 35.00 X 122426 0 25444 BRUCE E BRADLEY 5.00 X 0 0 0 troyen a brennan 5.00 X 0 0 0 elizabeth blaylock 35.00 X 0 0 0 830838 799405 243096 3 0 1 0 0 1701670 1701670 4354784 3489143 865641 865641 865641 Other Income 900099 76194 76194 76194 2643505 0 0 2643505 1500000 1500000 790536 790536 695822 695822 120726 120726 106912 106912 64021 64021 10963 10963 32915 32915 70255 70255 24278 24278 100800 100800 24601 24601 669337 669337 1011 1011 12600 12600 program & project expen 162040 162040 Condominium expenses 161957 161957 Temporary Help 17691 17691 Computer Services 1102 1102 Educational Activities 896 896 4568463 4568463 0 0 50631 867553 239842 1556 607 45397 124989 2489479 277424 2327894 2212055 56226129 59790551 59519160 62368044 656568 412829 597192 190778 678557 748562 1932317 1352169 X 57586843 61015875 57586843 61015875 59519160 62368044 X 0 1 1 X 0 X X 0 0 0 The AMERICAN BOARD OF INTERNAL MEDICINE INC 390866228 9 1 1 1 1500000 1 1500000 2356267 235716 2120551 133212 41708 91504 2212055 ACCRUED COMPENSATION 254263 DUE TO THE AMERICAN BOARD OF INTERNAL MEDICINE, INC. 494299 748562 2643505 4568463 -1924958 5353990 5353990 3429032 FORM 990, SCHEDULE D, PART X, LINE 2: Recently Issued Accounting Pronouncements: The Financial Accounting Standards Board ("FASB") issued new guidance on accounting for uncertainty in income taxes. The Organization adopted this new guidance for the year ended June 30, 2010. Management evaluated the Organization's tax positions and concluded that the Organization had maintained its tax exempt status and had taken no uncertain tax positions that required adjustments to the financial statements. Therefore, no provision or liability for income taxes has been included in the financial statements. The Internal Revenue Service has granted ABIM, which is not a private foundation, exemption from income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes has been made in the accompanying financial statements. 1 The American Board of Internal Medicine 510 Walnut Street Suite 1700 Philadelphia PA 19106 390866228 501(c)(3) 1500000 support research & development 1 0 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: A detailed budget in support of the grant request was prepared and reviewed by the ABIM Foundation Finance Committee. Quarterly accounting for expenditures related to the Grant is remitted to ABIM Foundation accordingly. X 0 1 X X X X X 1 1 0 0 0 0 0 0 0 CHRISTINE K CASSEL 150543 451630 27531 82592 0 0 26557 79670 10792 32376 215423 646268 0 0 Daniel B Wolfson 268433 0 29121 0 31273 0 16500 0 25668 0 370995 0 0 0 MARC D FELDMAN 22193 199738 0 0 1635 14711 635 5711 1974 17769 26437 237929 0 0 Part I, Line 1b Dr. Cassel's employment contract allows for spousal travel. This allowance is subject to all applicable payroll taxes. Part I, Line 4a Marc Feldman Part i, line 4B: Christine Cassel Form 990, Part VI, Section B, line 11 THE FINANCE DEPARTMENT PROVIDES ALL INFORMATION AND REVIEWS THE FORM 990 PRIOR TO FILING. THE FORM 990 IS THEN MADE AVAILABEL TO THE ENTIRE GOVERNING BODY, VIA Email, FOR COMMENTS AND QUESTIONS. ONCE ALL COMMENTS AND QUESTIONS HAVE BEEN ADDRESSED THE FORM 990 IS APPROVED. THE CFO SIGNS THE FORM 990 AND COMMUNICATES TO THE BOARD OF DIRECTORS THAT THE FORM 990 HAS BEEN FILED. Form 990, Part VI, Section B, line 12c all officers, directors or trustees and key employees are required to sign the conflict of interest policy and annual reminders are performed each year. Form 990, Part VI, Section B, line 15 The Organization utilizes compensation consultants to provide market comparisons in the areas of cash compensation, health and welfare benefits, retirement benefits and executive benefits. The results of these compensation studies are reviewed by the Board of Directors and related committees of directors. This process is performed as needed. Form 990, Part VI, Section C, line 19 Available upon request Form 990, Part XI, Question 2C: The process has not changed from the prior year. FORM 990, PART V, LINE 2A and FORM 990, PART VII: IN ORDER TO SIMPLIFY MANAGEMENT OF THE OVERALL ORGANIZATIONS PAYROLL SYSTEM AND MINIMIzE PAYROLL COSTS, ABIM Foundation USES A COMMON PAYMASTER TO administer PAYroll. THE RELATED ORGANIZATION THAT SERVES IN THIS CAPACITY IS "THE american board of internal medicine" (EIN: 39-0866228). The American Board of Internal Medicine 510 Walnut Street Suite 1700 Philadelphia PA 19106 390866228 To enhance the quality of health care in internal medicine IA 501(c)(3) 9 N/A 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 The American Board of Internal Medicine B 1500000 the American Board of Internal Medicine J 100800 the American Board of Internal Medicine O 1810642