2026-09-08T16:37:39-05:00 2025-12-31 991856619 GRANT THORNTON ADVISORS LLC 171 N CLARK ST STE 200 CHICAGO IL 60601 990 2025-01-01 237304902 AMERICAN BOARD OF MEDICAL SPECIALTIES RESEARCH AND EDUCATION FOUNDATION AMER 3124362600 353 NORTH CLARK STREET 1400 CHICAGO IL 60654 RICHARD E HAWKINS MD PRESIDENT & CEO 3124362600 2026-09-08 1 BRIDGET T ROCHE P00666837 3128560200 2025 RICHARD E HAWKINS MD 353 NORTH CLARK STREET 1400 CHICAGO IL 60654 6664147 0 X N/A X 1973 IL ABMS RESEARCH AND EDUCATION FOUNDATION (ABMS REF) SUPPORTS THE SCIENTIFIC, (CONTINUED ON SCH O) SCHOLARLY AND PUBLIC EDUCATION PURPOSES OF THE AMERICAN BOARD OF MEDICAL SPECIALTIES (ABMS). 9 8 0 8 0 0 105000 6657820 0 0 4323 6327 1500 0 110823 6664147 715000 526007 0 0 823291 841527 0 0 0 410799 510506 1949090 1878040 -1838267 4786107 423573 527780 5010349 311280 -4586776 216500 X THROUGH ITS ACTIVITIES, ABMS REF SUPPORTS THE SCIENTIFIC, SCHOLARLY AND PUBLIC EDUCATION PURPOSES OF ABMS BY ENCOURAGING AND CONDUCTING RESEARCH TO (1) IMPROVE MEASUREMENT, ASSESSMENT, AND EVALUATION OF THE EDUCATIONAL, SCIENTIFIC, CLINICAL, AND (CONTINUED ON SCH O) PROFESSIONAL QUALIFICATIONS AND PERFORMANCE OF PHYSICIANS AND MEDICAL SPECIALISTS; (2) CONDUCT EDUCATIONAL PROGRAMS AND DISSEMINATE INFORMATION TO THE PUBLIC TO ASSIST IN THE RECOGNITION, EVALUATION, AND UNDERSTANDING OF THE SIGNIFICANCE AND IMPORTANCE OF BOARD CERTIFICATION OF PHYSICIAN AND MEDICAL SPECIALISTS; AND (3) FOSTER NATIONAL AND INTERNATIONAL COOPERATION AND THE EXCHANGE OF INFORMATION RELATED TO INITIAL CERTIFICATION, CONTINUING CERTIFICATION AND ONGOING PROFESSIONAL DEVELOPMENT. 0 0 529512 300000 0 THE ABMS REF GRANT PROGRAM FUNDS INDEPENDENT AND INNOVATIVE RESEARCH THAT EXPLORES THE IMPACT OF BOARD CERTIFICATION, WORKING TO ENHANCE HEALTH CARE QUALITY AND PROFESSIONAL STANDARDS, AND GATHERING INSIGHTS AND INFORM IMPROVEMENTS IN THE STRUCTURE, PROCESSES, AND OUTCOMES OF MEDICAL SPECIALTY CERTIFICATION. A KEY OBJECTIVE OF THE GRANT PROGRAM IS TO FACILITATE A COMMUNITY OF RESEARCH FOCUSED ON BOARD CERTIFICATION. THE PROGRAM FOSTERS GRANTEE INTERACTIONS WITH EACH OTHER, AND THE ABMS MEMBER BOARDS. THE REF ALSO OVERSEES THE ABMS SCHOLARS PROGRAM, FOSTERING EARLY-CAREER PHYSICIANS AND RESEARCH PROFESSIONALS AND FACILITATING LEADERSHIP DEVELOPMENT THROUGH ENGAGEMENT WITH ABMS AND THE BROADER CERTIFICATION COMMUNITY. 302206 226007 0 THE ABMS REF OVERSEES THE IMPLEMENTATION AND COORDINATION OF THE ABMS SCHOLARS PROGRAM (SP). THE SP IS ESTABLISHED TO SUPPORT RESEARCH PROJECTS OF EARLY-CAREER PHYSICIANS, MEDICAL AND SURGICAL SPECIALISTS, AND RESEARCH PROFESSIONALS, JUNIOR FACULTY, FELLOWS, AND RESIDENTS, AS WELL AS INDIVIDUALS HOLDING MASTER OR DOCTORATE DEGREES IN PUBLIC HEALTH, HEALTH SERVICES RESEARCH, EDUCATIONAL EVALUATION AND STATISTICS, PUBLIC HEALTH POLICY AND ADMINISTRATION, OR OTHER RELEVANT DISCIPLINES.SP PARTICIPANTS ARE EXPOSED TO THE FIELDS OF PHYSICIAN AND MEDICAL SPECIALISTS PROFESSIONAL ASSESSMENT AND CONTINUING PROFESSIONAL DEVELOPMENT, QUALITY IMPROVEMENT, HEALTH CARE (CONTINUED ON SCH O) POLICY AND REGULATION, AND HEALTH SERVICES RESEARCH. SP PARTICIPANTS CONDUCT RESEARCH IN COLLABORATION WITH MENTORS FROM THEIR INSTITUTIONS, ABMS, AND ABMS MEMBER BOARDS. THROUGH THEIR RESEARCH AND PROGRAM ENGAGEMENT, SCHOLARS INFORM THE STUDY OF CONTINUING PROFESSIONAL DEVELOPMENT, PHYSICIAN ASSESSMENT, SELF-REGULATION, AND QUALITY IMPROVEMENT. 149823 0 0 THE ABMS REF SYNERGIZES, GUIDES, CONVENES, FACILITATES, CONDUCTS, AND COLLABORATES IN RELATION TO ALL ASPECTS OF RESEARCH REGARDING ABMS INITIAL AND CONTINUING CERTIFICATION ACROSS THE 24 ABMS MEMBER BOARDS. THE ABMS REF ALSO PARTNERS WITH OTHER RESEARCHERS TO DEVELOP RESEARCH PROJECTS IN THE AREAS OF QUALITY AND PERFORMANCE IMPROVEMENT, PATIENT SAFETY, PHYSICIAN AND MEDICAL SPECIALISTS' LEARNING AND EDUCATION, RESEARCH AND EDUCATION FOUNDATIONS/ORGANIZATIONS AND OTHER DISCIPLINES. THE ABMS REF CONDUCTS PROGRAM EVALUATION AND RESEARCH ON THE ABMS LONGITUDINAL ASSESSMENT PROGRAMS' ABILITY TO SUCCESSFULLY ANALYZE PHYSICIAN KNOWLEDGE, JUDGEMENT, AND SKILLS. 21046 0 0 THE ABMS REF DEVELOPS, DEPLOYS, MAINTAINS, AND IMPROVES AN ONLINE REPOSITORY OF PUBLISHED LITERATURE AND OTHER PRESENTATIONS ON INITIAL PHYSICIAN SPECIALTY CERTIFICATION, CONTINUING PHYSICIAN SPECIALTY CERTIFICATION, AS WELL AS COMPONENTS OF CONTINUOUS CERTIFICATION SUCH AS KNOWLEDGE ASSESSMENT, PHYSICIANS AND MEDICAL SPECIALISTS' LEARNING AND EDUCATION, AND QUALITY IMPROVEMENT. THIS CURATED REPOSITORY INFORMS RESEARCHERS, KEY STAKEHOLDERS AND ABMS MEMBER BOARDS REGARDING FINDINGS THAT CAN BE USED TO IMPROVE THE CERTIFICATION PROCESS. TOTAL PROGRAM SERVICE EXPENSES: $1,002,588 21046 0 0 1002587 1 1 0 0 0 0 0 0 0 1 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 1 0 1 22 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X X X JULIE HUBBARD 3124362694 353 NORTH CLARK ST STE 1400 CHICAGO IL 60654 X RICHARD E HAWKINS MD PRESIDENT & CEO 2.50 47.50 X X 43098 818864 91082 REBECCA L JOHNSON MD IMMEDIATE PAST CHAIR (AS OF 07/25) 1.00 10.00 X X 2500 22500 0 LARRY A GREEN MD IMMEDIATE PAST CHAIR (THRU 06/25) 1.00 10.00 X X 1250 11250 0 SUSAN RAMIN MD CHAIR-ELECT (AS OF 07/25) 1.00 10.00 X X 2500 22500 0 J BRANTLEY THRASHER MD FACS CHAIR (AS OF 07/25) 1.00 10.00 X X 2500 22500 0 WARREN P NEWTON MD MPH SECRETARY-TREASURER (AS OF 07/25) 1.00 10.00 X X 1250 11250 0 KEITH BRANDT MD DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL R NELSON MD PHD DIRECTOR 1.00 1.00 X 0 0 0 BRIAN NUSSENBAUM MD MHCM DIRECTOR (AS OF 07/25) 1.00 1.00 X 0 0 0 DONALD J PALMISANO JR JD DIRECTOR 1.00 1.00 X 0 0 0 GREGORY OGRINC MD SVP, CERT STANDARD & PRGM 10.00 40.00 X 100667 402664 93662 JENNIFER MICHAEL CHIEF OPERATING OFFICER 1.50 48.50 X 11456 370404 91141 CARRIE RADABAUGH SVP, GOVERNANCE AND BOARD RELATIONS 2.50 47.50 X 16183 316974 89878 STEPHANIE DONOVAN JD CHIEF LEGAL OFFICER 2.50 47.50 X 16709 317462 88331 JULIE HUBBARD CHIEF FINANCIAL OFFICER 5.00 45.00 X 29003 261023 54854 227116 2577391 508948 0 0 1 0 BOSTON CHILDRENS HOSPITAL 300 LONGWOOD AVENUE BOSTON MA 02115 OVERSIGHT AND MANAGEMENT 199140 2 6462820 195000 6657820 6327 6327 6664147 0 0 6327 526007 526007 267530 14322 253208 462972 83041 379931 27109 5746 21363 40450 9198 31252 43466 7906 35560 217439 217439 32248 32248 12349 8745 3604 886 886 750 750 4614 770 3844 11952 10539 1413 46235 8366 37869 74915 74915 8293 8293 69217 69217 10407 10407 21201 21201 1878040 1002587 875453 0 241213 121253 0 219186 1515 841 180845 186500 423573 527780 555185 311280 4455164 0 5010349 311280 X -4827621 0 240845 216500 -4586776 216500 423573 527780 4786107 17169 0 X 0 1 X 1 0 X X 1 ABMS 410847713 10 1 315336 6462820 1 315336 6462820 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 2: THE ABMS REF CONFIRMED THAT THE SUPPORTED ORGANIZATION, ABMS, IS A SECTION 501(C)(6) TAX EXEMPT ORGANIZATION BY REVIEWING ITS INTERNAL REVENUE SERVICE DETERMINATION LETTER AND BY ANNUALLY COMPLETING A PRO FORMA SCHEDULE A, PART III TEST TO CONFIRM THAT ABMS SATISFIES THE PUBLIC SUPPORT TESTS UNDER SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE. PART IV, SECTION A, LINE 3B: SAME AS LINE 2 ABOVE. PART IV, SECTION A, LINE 3C THE ABMS REF OPERATES EXCLUSIVELY FOR THE BENEFIT OF ABMS WITH ITS FOCUS SOLELY ON ACTIVITIES WHICH SUPPORT ABMS AND OTHER NONPROFIT SCIENTIFIC RESEARCH AND DEVELOPMENT ORGANIZATIONS. THE ABMS REF DOES NOT ENGAGE IN ANY ACTIVITIES OUTSIDE THE SCOPE OF ABMS ORGANIZATIONAL PURPOSE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 180845 23496 17841 186500 167482 13363 180845 148562 18920 167482 173735 -25173 148562 161467 12268 173735 1.00000 0 0 0 X PART V, LINE 4: ENDOWMENT FUNDS THE ENDOWMENT IS FOR THE FUNDING OF THE LOIS MARGARET NORA ENDOWED LECTURE AT THE ABMS ANNUAL CONFERENCE. PART X, LINE 2: FIN 48 FOOTNOTE THE FINANCIAL ACCOUNTING STANDARDS BOARD HAS ISSUED GUIDANCE THAT REQUIRES THE TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. OTHER THAN WHAT IS DISCLOSED IN NOTE M, MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. NOTE M OF THE AUDITED FINANCIAL STATEMENTS OUTLINES TAX EXPENSE RECEIVABLES AND PAYABLES FOR INCOME TAX PURPOSES. 1 JOHN HOPKINS UNIVERSITY 3910 KESWICK ROAD N4327-B BALTIMORE MD 21211 520595110 501(C)(3) 75000 0 REF RESEARCH GRANT UNIVERSITY OF ILLINOIS AT CHICAGO 809 SOUTH MARSHFIELD AVE M/C 551 CHICAGO IL 60612 376000511 501(C)(3) 75000 0 REF RESEARCH GRANT AMERICAN ACADEMY OF FAMILY PHYSICIANS 11400 TOMAHAWK CREEK PARKWAY LEAWOOD KS 66211 440536051 501(C)(6) 75000 0 REF RESEARCH GRANT UNIVERSITY OF ALABAMA AT BIRMINGHAM 801 5TH AVE S BIRMINGHAM AL 35233 636005396 501(C)(3) 75000 0 REF RESEARCH GRANT OREGON HEALTH AND SCIENCE UNIVERSITY 3181 SW SAM JACKSON PARK RD PORTLAND OR 97239 931176109 501(C)(3) 15000 0 ABMS SCHOLARS PROGRAM MASS GENERAL HOSP HARVARD MEDICAL SCHOOL 55 FRUIT STREET BOSTON MA 02114 042697983 501(C)(3) 15000 0 ABMS SCHOLARS PROGRAM UNIVERSITY OF VIRGINIA SCHOOL OF MEDICINE 1001 NORTH EMMET STREET CHARLOTTESVILLE VA 22903 546001796 501(C)(3) 15000 0 ABMS SCHOLARS PROGRAM BETH ISREAL-HARVARD MEDICAL SCHOOL 330 BROOKLINE AVE BOSTON MA 02215 042103881 501(C)(3) 15000 0 ABMS SCHOLARS PROGRAM FEINBERG SCHOOL OF MEDICINE NORTHWESTERN UNIVERSITY 633 CLARK STREET EVANSTON IL 60208 362167817 501(C)(3) 15000 0 ABMS SCHOLARS PROGRAM UNIVERSITY OF NORTH CAROLINA SCHOOL OF MEDICINE 104 AIRPORT DRIVE SUITE 2200 CHAPEL HILL NC 27599 566001393 501(C)(3) 15000 0 ABMS SCHOLARS PROGRAM UNIVERSITY OF CALIFORNIA DAVIS OFFICE OF RESEARCH ONE SHIELDS AVE MRAK HALL 4TH FLOOR DAVIS CA 95616 946036494 501(C)(3) 15000 0 ABMS SCHOLARS PROGRAM CHILDREN'S HOSTIAL CORP DBA BOSTON CHILDREN'S HOSPITAL 300 LONGWOOD AVENUE BOSTON MA 02115 042774441 501(C)(3) 15000 0 ABMS SCHOLARS PROGRAM CHILDREN'S HOSPITAL OF PHILADELPHIA 3401 CIVIC CENTER BLVD PHILADELPHIA PA 19104 231352166 501(C)(3) 15000 0 ABMS SCHOLARS PROGRAM LOMA LINDA UNIVERSITY MEDICAL CENTER 11145 ANDERSON ST NO 206 LOMA LINDA CA 92350 951816009 501(C)(3) 15000 0 ABMS SCHOLARS PROGRAM THE FEINSTEIN INSTITUTES FOR MEDICAL RESEARCH 972 BRUSH HOLLOW ROAD 5TH FLOOR WESTBURY NY 11590 112673595 501(C)(3) 15000 0 ABMS SCHOLARS PROGRAM VIRGINIA COMMONWEALTH UNIVERSITY HEALTH SYSTEM 800 E LEIGH STREET SUITE 3100 RICHMOND VA 23284 546001758 501(C)(3) 15000 0 ABMS SCHOLARS PROGRAM CREIGHTON UNIVERSITY SCHOOL OF MEDICINE 2500 CALIFORNIA PLAZA OMAHA NE 68178 470376583 501(C)(3) 15000 0 ABMS SCHOLARS PROGRAM NORTHWESTERN UNIVERSITY 633 CLARK STREET EVANSTON IL 60208 362167817 501(C)(3) 15000 0 ABMS SCHOLARS PROGRAM LOYOLA UNIVERSITY MEDICAL CENTER 820 N MICHIGAN AVE CHICAGO IL 60611 361408475 501(C)(3) 15000 0 ABMS SCHOLARS PROGRAM 18 1 PART I, LINE 2: ABMS REF MANAGEMENT ANALYZES REQUESTS FOR RESEARCH DISBURSEMENTS ON AN ONGOING BASIS. GRANTS ARE AWARDED TO ORGANIZATIONS THAT SUPPORT RESEARCH SCHOLARS. ABMS MONITORS AND CONFIRMS THAT GRANTS ARE BEING USED FOR THEIR INTENDED PURPOSES. X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 RICHARD E HAWKINS MD PRESIDENT & CEO 38702 735342 2746 52166 1650 31356 2308 43843 2247 42684 47653 905391 0 0 GREGORY OGRINC MD SVP, CERT STANDARD & PRGM 74142 296566 7976 31904 18549 74194 9230 36920 9502 38010 119399 477594 0 0 JENNIFER MICHAEL CHIEF OPERATING OFFICER 10446 337763 1010 32641 0 0 1398 45217 1336 43190 14190 458811 0 0 CARRIE RADABAUGH SVP, GOVERNANCE AND BOARD RELATIONS 14587 286652 1569 29802 27 520 2247 42698 2247 42686 20677 402358 0 0 STEPHANIE DONOVAN JD CHIEF LEGAL OFFICER 15345 291546 1364 25916 0 0 2275 43219 2142 40695 21126 401376 0 0 JULIE HUBBARD CHIEF FINANCIAL OFFICER 26458 238118 2545 22905 0 0 3828 34455 1657 14914 34488 310392 0 0 PART I, LINE 1A FIRST-CLASS OR CHARTER TRAVEL PER THE TERMS OF HIS EMPLOYMENT CONTRACT, THE ABMS PRESIDENT AND CHIEF EXECUTIVE OFFICER ARE PERMITTED TO FLY FIRST CLASS FOR ORGANIZATION-RELATED BUSINESS ON FLIGHTS THAT ARE THREE HOURS IN DURATION OR LONGER. THIS BENEFIT IS NOT TAXABLE AS COMPENSATION. PART I, LINE 3 METHODS USED TO ESTABLISH COMPENSATION OF CHIEF EXECUTIVE OFFICER/EXECUTIVE DIRECTOR TO ESTABLISH COMPENSATION OF THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER/EXECUTIVE DIRECTOR, THE RELATED ORGANIZATION UTILIZES THE FOLLOWING: EXECUTIVE COMMITTEE, COMPARABILITY DATA, AND APPROVAL BY THE ABMS BOARD OF DIRECTORS OR EXECUTIVE COMMITTEE. PART I, LINE 7 NON-FIXED PAYMENTS FOR THOSE INDIVIDUALS LISTED IN FORM 990, PART VII, SECTION A, LINE 1A, WHO ARE ELIGIBLE, BONUSES ARE PAID PURSUANT TO THEIR OFFER LETTERS. SUCH OFFER LETTERS GENERALLY STIPULATE THAT ELIGIBILITY FOR A DISCRETIONARY ANNUAL BONUS IS BASED UPON ORGANIZATIONAL PERFORMANCE, MEETING BONUS ELIGIBILITY REQUIREMENTS AND THE DISCRETION OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. FORM 990, PART VI, SECTION A, LINE 1A INDEPENDENT VOTING MEMBERS THE ABMS REF BOARD OF DIRECTORS ACTS AS THE GOVERNING BODY. HOWEVER, CERTAIN ASPECTS OF GOVERNANCE OF THE ABMS REF ARE RESERVED TO THE ORGANIZATION'S SOLE MEMBER, ABMS, AN ILLINOIS, NOT-FOR-PROFIT CORPORATION, EXEMPT FROM FEDERAL TAXATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(6). THE SOLE MEMBER'S "RESERVED POWERS" ARE SET FORTH IN SECTION 2.01 TO 2.04 OF ABMS REF'S BYLAWS DATED JUNE 12, 2019, AND ARE AS FOLLOWS: SECTION 2.01 MEMBERSHIP. THE FOUNDATION (I.E., ABMS REF) SHALL HAVE ONE MEMBER, NAMELY, THE AMERICAN BOARD OF MEDICAL SPECIALTIES, AN ILLINOIS NOT-FOR-PROFIT CORPORATION. IN THESE BYLAWS, THE MEMBER SHALL BE REFERRED TO AS THE "SOLE MEMBER OR "ABMS". SECTION 2.02 MEMBERS RESERVED POWERS. THE SOLE MEMBER SHALL HAVE THE FOLLOWING RESERVED POWERS IN LIEU OF THOSE GRANTED BY STATUTE TO MEMBERS. IN AS MUCH AS THE SOLE MEMBER IS ANOTHER NOT-FOR-PROFIT CORPORATION, ALL OF THE ACTION REQUIRED TO BE TAKEN OR APPROVED BY THE SOLE MEMBER SHALL BE EXERCISED BY THE SOLE MEMBER'S BOARD OF DIRECTORS ("ABMS BOD") OR AS OTHERWISE SPECIFIED BY ITS BYLAWS: (A) APPOINTING THE PRESIDENT AND CHIEF EXECUTIVE OFFICER OF THE FOUNDATION AND REMOVING HIM OR HER, WITH OR WITHOUT CAUSE, SUBJECT TO CONTRACT RIGHTS. (B) AMENDING THE ARTICLES OF INCORPORATION AND CORPORATE BYLAWS OF THE FOUNDATION. (C) 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. (D) APPROVING ALL CREATIONS 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 FROM TIME TO TIME IN WRITING FROM THE SOLE MEMBER TO THE FOUNDATION. (E) APPROVING THE SALE OR ENCUMBRANCE OF ALL OR SUBSTANTIALLY ALL THE ASSETS OF THE FOUNDATION AND ALL LONG-TERM DEBT IN EXCESS OF SUCH AMOUNT SHALL BE SPECIFIED FROM TIME TO TIME IN WRITING FROM THE SOLE MEMBER TO THE FOUNDATION. (F) APPROVING THE DISSOLUTION OF AND ALL LIQUIDATIONS FROM THE FOUNDATION. SECTION 2.03 MANNER OF ACTING BY SOLE MEMBER. THE SOLE MEMBER SHALL EXERCISE ITS RESERVED POWERS IN THE MANNER PRESCRIBED BY THE SOLE MEMBER'S BYLAWS. SECTION 2.04 RIGHTS AND LIABILITIES OF SOLE MEMBER. EXCEPT AS OTHERWISE PROVIDED IN THESE BYLAWS, THE SOLE MEMBER SHALL NOT BE LIABLE FOR THE DEBTS OR OBLIGATIONS OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS THE SOLE MEMBER OF ABMS REF IS ABMS. FORM 990, PART VI, SECTION A, LINE 7A MEMBER OR STOCKHOLDERS WHO MAY ELECT THE ABMS REF BOARD OF DIRECTORS ACTS AS THE GOVERNING BODY. HOWEVER, CERTAIN ASPECTS OF GOVERNANCE OF THE ABMS REF ARE RESERVED TO THE ORGANIZATION'S SOLE MEMBER, ABMS, AN ILLINOIS, NOT-FOR-PROFIT CORPORATION, EXEMPT FROM FEDERAL TAXATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(6). FORM 990, PART VI, SECTION A, LINE 7B MEMBER OR STOCKHOLDERS WHO MAY ELECT THE ABMS REF BOARD OF DIRECTORS ACTS AS THE GOVERNING BODY. HOWEVER, CERTAIN ASPECTS OF GOVERNANCE OF THE ABMS REF ARE RESERVED TO THE ORGANIZATION'S SOLE MEMBER, ABMS, AN ILLINOIS, NOT-FOR-PROFIT CORPORATION, EXEMPT FROM FEDERAL TAXATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(6). FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE BOARD RETAINED THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ABMS REF FORM 990. THE INDEPENDENT CPA FIRM PRESENTED THE FORM 990 TO THE AUDIT COMMITTEE WHICH APPROVED IT IN AUGUST 2026. THE AUDIT COMMITTEE THEN FORWARDED THE FORM 990 TO THE EXECUTIVE COMMITTEE OF THE ABMS REF BOARD OF DIRECTORS FOR ITS CONSIDERATION AND APPROVAL LATER THAT MONTH. AFTERWARDS, A COMPLETE COPY OF THE FORM 990 WAS PROVIDED TO THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C WRITTEN CONFLICT OF INTEREST POLICY THE ABMS CONFLICT OF INTEREST AND DUALITIES OF INTEREST POLICY, WHICH APPLIES TO ALL OF ITS AFFILIATES AND SUBSIDIARIES, COVERS ALL DIRECTORS, OFFICERS, COUNCIL, COMMITTEE AND BOARD MEMBERS, IDENTIFIED KEY AGENTS AND EMPLOYEES. ON AN ANNUAL BASIS, BOARD AND COMMITTEE MEMBERS ARE REQUIRED TO DISCLOSE CONFLICTS AND DUALITIES OF INTEREST IN WRITING. AT THE BEGINNING OF ALL BOARD AND BOARD COMMITTEE MEETINGS, PARTICIPANTS ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST AND DUALITIES OF INTEREST. THE MINUTES OF ALL BOARD AND ALL BOARD COMMITTEE MEETINGS 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 OF INTEREST IN FACT EXISTED. FORM 990, PART VI, SECTION B, LINE 15 PROCESS OF DETERMINING COMPENSATION THE PROCESS FOR DETERMINING THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR AND OTHER MANAGEMENT OFFICIALS OR KEY EMPLOYEES INCLUDED A REVIEW OF COMPARABILITY DATA AND REVIEW AND APPROVAL BY ABMS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS MADE AVAILABLE TO PUBLIC THE ARTICLES OF INCORPORATION ARE AVAILABLE THROUGH THE ILLINOIS SECRETARY OF STATE; THE CONFLICT-OF-INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. FORM 990, PART VII: RELATED ORGANIZATION COMPENSATION THE COMPENSATION REPORTED IN PART VII IS THE COMPENSATION PAID BY ABMS FOR A FULL-TIME POSITION. HOWEVER, A PORTION OF THE VARIOUS INDIVIDUALS' TIME IS DEVOTED TO A RELATED ORGANIZATION, ABMS. THE ABMS REF IS REQUIRED TO REIMBURSE ABMS FOR THESE COSTS. AMERICAN BOARD OF MEDICAL SPECIALTIES 353 N CLARK ST SUITE 1400 CHICAGO IL 60654 410847713 CERTIFICATION IL 501(C)(6) N/A 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 AMERICAN BOARD OF MEDICAL SPECIALTIES E 219186 FMV AMERICAN BOARD OF MEDICAL SPECIALTIES N 153253 FMV AMERICAN BOARD OF MEDICAL SPECIALTIES O 721314 FMV AMERICAN BOARD OF MEDICAL SPECIALTIES C 6462820 FMV