FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC (EIN 75-1092490)
- Tax period
- 2022-05-01 to 2023-04-30
- Filed
- 2024-03-08
- IRS object ID
- 202440689349301604
- Schema version
- 2022v5.0
- 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) |
|---|---|---|
| Return | 2024-03-08T11:02:49-06:00 | ReturnTs |
| Tax Period End | 2023-04-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 CHERRY STREET SUITE 1400 | AddressLine1Txt |
| City | FORT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-05-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 751092490 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FEDERATION OF STATE MEDICAL BOARDS OF | BusinessNameLine1Txt |
| Business Name Line2 | THE UNITED STATES INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FEDE | BusinessNameControlTxt |
| Phone | 8178684000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 FULLER WISER ROAD | AddressLine1Txt |
| City | EULESS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76039 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DR HUMAYUN J CHAUDHRY DO | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 8178684000 | PhoneNum |
| Signature | 2024-03-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DR | PersonFirstNm |
| Person Last | HUMAYUN J CHAUDHRY D | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROSALINDA MARIKAR CPA | PreparerPersonNm |
| PTIN | P01684134 | PTIN |
| Phone | 8178775000 | PhoneNum |
| Preparation | 2024-03-06 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR HUMAYUN J CHAUDHRY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 FULLER WISER ROAD | AddressLine1Txt |
| City | EULESS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76039 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $74,935,313 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.FSMB.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1966 | FormationYr |
| Legal Domicile State | NE | LegalDomicileStateCd |
| Activity Or Mission | LEADER IN MEDICAL REGULATION, SERVING AS AN INNOVATIVE CATALYST FOR EFFECTIVE POLICY & STANDARDS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 198 | TotalEmployeeCnt |
| Total Volunteers | 250 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $600,220 | PYContributionsGrantsAmt |
| CY Contributions Grants | $154,184 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $57,479,966 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $58,870,621 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,241,825 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,559,639 | CYInvestmentIncomeAmt |
| PY Other Revenue | $971,804 | PYOtherRevenueAmt |
| CY Other Revenue | $1,319,781 | CYOtherRevenueAmt |
| PY Total Revenue | $61,293,815 | PYTotalRevenueAmt |
| CY Total Revenue | $62,904,225 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $17,246,157 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $17,663,211 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $34,701,714 | PYOtherExpensesAmt |
| CY Other Expenses | $34,531,870 | CYOtherExpensesAmt |
| PY Total Expenses | $51,947,871 | PYTotalExpensesAmt |
| CY Total Expenses | $52,195,081 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,345,944 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $10,709,144 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $83,006,184 | TotalAssetsBOYAmt |
| Total Assets EOY | $95,672,054 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $20,309,064 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $23,239,041 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $62,697,120 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $72,433,013 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE FSMB SERVES AS THE VOICE FOR STATE MEDICAL BOARDS, SUPPORTING THEM THROUGH EDUCATION, ASSESSMENT, RESEARCH AND ADVOCACY WHILE PROVIDING SERVICES AND INITIATIVES THAT PROMOTE PATIENT SAFETY, QUALITY HEALTH CARE AND REGULATORY BEST PRACTICES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | Yes (1) | SignificantChangeInd |
| Desc | CREDENTIALS VERIFICATION SERVICE:THE CREDENTIALS VERIFICATION SERVICE ESTABLISHES A PERMANENT, LIFETIME REPOSITORY OF PRIMARY-SOURCE VERIFIED CORE CREDENTIALS FOR PHYSICIANS AND PHYSICIAN ASSISTANTS ELIMINATING THE NEED TO GO THROUGH THE TIME AND EFFORT OF ASSEMBLING AND FORWARDING THIS INFORMATION EVERY TIME THEY NEED TO BE CREDENTIALED OR LICENSED. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBER SERVICESFSMB SUPPORTS STATE MEDICAL BOARDS AS THEY PROTECT THE PUBLIC AND PROMOTE QUALITY HEALTH CARE, PARTNERING AND INNOVATING WITH THEM TO SHAPE THE FUTURE OF MEDICAL REGULATION. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SPECIAL PURPOSE EXAMINATION (SPEX) AND UNITED STATES MEDICAL LICENSING EXAMINATION (USMLE):THE FEDERATION MAKES AVAILABLE TO MEMBER MEDICAL BOARDS, A UNIFORM, HIGH QUALITY EXAMINATION FOR MEDICAL LICENSURE ALONG WITH ADMINISTERING THE EXAMS. APPROXIMATELY 102 SPEX EXAMS WERE COMPLETED AND 36,639 EXAMINEES SAT FOR STEP THREE OF USMLE. ALSO, APPROXIMATELY 108,123 TRANSCRIPT REQUESTS WERE PROCESSED. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PHYSICIAN DATA CENTER: THE FEDERATION MAINTAINS A DATABASE OF PHYSICIANS LICENSED IN THE US AND ITS TERRITORIES. STATE MEDICAL BOARDS PROVIDE DISCIPLINARY UPDATES ON PHYSICIANS LICENSED IN EACH JURISDICTION. OVER 348,855 DATA AND/OR DISCIPLINARY SEARCHES WERE MADE DURING THE YEAR. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 56 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 198 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TODD PHILLIPS CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8178684000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 FULLER WISER RD | AddressLine1Txt |
| City | EULESS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76039 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| SARVAM TERKONDA | ||||||||
| CHAIR | 18.00 | 2.00 | Yes (X) | Yes (X) | $81,866 | $0 | $0 | |
| KENNETH SIMONS | ||||||||
| IMMEDIATE PAST CHAIR | 18.00 | 2.00 | Yes (X) | Yes (X) | $84,160 | $0 | $0 | |
| CHERYL WALKER-MCGILL | ||||||||
| PAST CHAIR | 18.00 | 2.00 | Yes (X) | $32,500 | $0 | $0 | ||
| JONE GEIMER-FLANDERS | ||||||||
| TREASURER | 20.00 | Yes (X) | Yes (X) | $6,973 | $0 | $0 | ||
| JEFFREY CARTER | ||||||||
| CHAIR-ELECT | 18.00 | 2.00 | Yes (X) | Yes (X) | $34,366 | $0 | $0 | |
| SHAWN PARKER | ||||||||
| DIRECTOR | 20.00 | Yes (X) | $7,741 | $0 | $0 | |||
| KATIE TEMPLETON | ||||||||
| DIRECTOR | 18.00 | 2.00 | Yes (X) | $4,003 | $0 | $0 | ||
| ANDREA ANDERSON | ||||||||
| DIRECTOR | 20.00 | Yes (X) | $8,629 | $0 | $0 | |||
| BARBARA WALKER | ||||||||
| DIRECTOR | 20.00 | Yes (X) | $2,692 | $0 | $0 | |||
| JOSEPH WILLETT | ||||||||
| DIRECTOR | 20.00 | Yes (X) | $5,968 | $0 | $0 | |||
| DENISE PINES | ||||||||
| DIRECTOR | 20.00 | Yes (X) | $6,911 | $0 | $0 | |||
| GEORGE ABRAHAM | ||||||||
| DIRECTOR | 20.00 | Yes (X) | $1,570 | $0 | $0 | |||
| MAROULLA GLEATON | ||||||||
| DIRECTOR | 20.00 | Yes (X) | $3,647 | $0 | $0 | |||
| MARK WOODLAND | ||||||||
| DIRECTOR | 20.00 | Yes (X) | $1,419 | $0 | $0 | |||
| HUMAYUN CHAUDHRY | ||||||||
| CEO | 37.00 | 3.00 | Yes (X) | $698,653 | $0 | $119,264 | ||
| MICHAEL DUGAN | ||||||||
| CIO | 40.00 | Yes (X) | $380,768 | $0 | $80,016 | |||
| LISA ROBIN | ||||||||
| CAO | 40.00 | Yes (X) | $364,052 | $0 | $66,083 | |||
| TODD PHILLIPS | ||||||||
| CFO | 40.00 | 0.00 | Yes (X) | $361,149 | $0 | $62,199 | ||
| DAVID JOHNSON | ||||||||
| CHIEF ASSESSMENT OFFICER | 40.00 | Yes (X) | $318,921 | $0 | $57,703 | |||
| ERIC FISH | ||||||||
| CHIEF LEGAL OFFICER | 40.00 | Yes (X) | $295,369 | $0 | $46,583 | |||
| CYNDI STREUN | ||||||||
| ASSISTANT VP, INFORMATION | 40.00 | $219,313 | $0 | $44,900 | Yes (X) | |||
| AARON YOUNG | ||||||||
| ASSISTANT VP, RESEARCH & D | 40.00 | $203,253 | $0 | $57,314 | Yes (X) | |||
| FRANK MEYERS | ||||||||
| DEPUTY LEGAL COUNSEL | 40.00 | $165,944 | $0 | $5,688 | Yes (X) | |||
| RITA HOU MOHSIN | ||||||||
| DIRECTOR, PROJECT MANAGEMENT | 40.00 | $166,014 | $0 | $52,792 | Yes (X) | |||
| JOSEPH KNICKREHM | ||||||||
| VICE PRESIDENT, COMMUNICATIONS | 40.00 | $167,610 | $0 | $34,442 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,623,491 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $626,984 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 25 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JWC GENERAL CONTRACTORS | |||||
| 425 W SOUTHLAKE BOULEVARD SUITE 1 | SOUTHLAKE | TX | 76092 | ROOF REPLACEMENT/CONTRACTOR | $1,084,683 |
| DIALEXA LLC | |||||
| 2200 COMMERCE ST | DALLAS | TX | 75201 | PDC REWRITE PROJECT | $661,040 |
| PERKINS COLE LLP | |||||
| PO BOX 24643 | SEATTLE | WA | 98124 | LEGAL SERVICES | $216,426 |
| BROWNSTEIN HYATT FARBER SCHRECK | |||||
| 410 17TH STREET SUITE 2200 | DENVER | CO | 80202 | POLICY COUNSEL | $120,887 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $154,184 | GovernmentGrantsAmt |
| Total Contributions | $154,184 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EXAMINATION REVENUE | 541900 | $34,271,095 | $34,271,095 |
| FCVS REVENUE | 541900 | $14,497,786 | $14,497,786 |
| EXAMINATION HISTORY REPORTS | 541900 | $7,904,744 | $7,904,744 |
| PHYSICIAN DATA CENTER | 541900 | $2,088,386 | $2,088,386 |
| REGISTRATION FEES | 541900 | $103,010 | $103,010 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,600 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,600 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $58,870,621 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,876,136 | TotalRevenueColumnAmt |
| Exclusion | $1,876,136 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,239,781 | TotalRevenueColumnAmt |
| Exclusion | $1,239,781 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,547,141 | SecuritiesAmt |
| Other | $1,167,450 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,974,932 | SecuritiesAmt |
| Other | $56,156 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$427,791 | SecuritiesAmt |
| Other | $1,111,294 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $683,503 | TotalRevenueColumnAmt |
| Exclusion | $683,503 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| MISCELLANEOUS REVENUE | 900099 | $29,019 | $29,019 | |
| EXHIBITOR FEES | 900099 | $25,500 | $25,500 | |
| COALITION FOR PHYSICIAN ACCOUNTAB | 900099 | $25,001 | $25,001 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $480 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $480 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $80,000 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $62,904,225 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $58,921,602 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,828,439 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,129,309 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,020,256 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,381,056 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,204,878 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $927,712 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $254,671 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,640 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $199,033 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $223,531 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,535,913 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,102 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $946,812 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,499,411 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,129,492 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,308,157 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,018,351 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $949,788 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,469 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| USMLE TRANSFER FEES | $22,681,266 |
| BANK & CREDIT CARD CHAR | $1,444,298 |
| TRANSCRIPT & VERIFICATI | $1,019,317 |
| PLAS TRANSFER FEES | $97,400 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,195,081 | TotalAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,492,412 | BOYAmt |
| EOY | $30,469,327 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $617,465 | BOYAmt |
| EOY | $814,167 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,099,429 | BOYAmt |
| EOY | $1,282,691 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $31,802,341 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $21,421,739 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,407,396 | BOYAmt |
| EOY | $10,380,602 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,624,213 | BOYAmt |
| EOY | $43,648,497 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,458,751 | BOYAmt |
| EOY | $5,329,492 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $306,518 | BOYAmt |
| EOY | $3,747,278 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,006,184 | BOYAmt |
| EOY | $95,672,054 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,043,071 | BOYAmt |
| EOY | $5,302,876 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,837,739 | BOYAmt |
| EOY | $12,583,900 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,428,254 | BOYAmt |
| EOY | $5,352,265 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,309,064 | BOYAmt |
| EOY | $23,239,041 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,697,120 | BOYAmt |
| EOY | $72,433,013 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,697,120 | BOYAmt |
| EOY | $72,433,013 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,006,184 | BOYAmt |
| EOY | $95,672,054 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $10,709,144 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$973,251 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | Yes (1) | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | 0 | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,540,151 | OtherCostOrOtherBasisAmt |
| Book Value | $1,540,151 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,912,595 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,312,543 | DepreciationAmt |
| Book Value | $6,600,052 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $19,231,739 | OtherCostOrOtherBasisAmt |
| Depreciation | $17,109,196 | DepreciationAmt |
| Book Value | $2,122,543 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $117,856 | OtherCostOrOtherBasisAmt |
| Book Value | $117,856 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $10,380,602 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIVATE EQUITY | Desc |
| Book Value | $5,329,492 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $5,329,492 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED COMPENSATION | $1,561,001 |
| LEASE LIABILITIES | $3,791,264 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,352,265 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FSMB IS ORGANIZED AS A NONPROFIT CORPORATION UNDER SECTION 501 (C)(6) OF THE INTERNAL REVENUE CODE. THIS SECTION EXEMPTS THE FEDERATION FROM TAXES ON INCOME, WITH THE EXCEPTION OF INCOME FROM UNRELATED BUSINESS ACTIVITY. THE FEDERATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE APPLICATION OF THIS STANDARD HAD NO IMPACT ON THE FEDERATION'S CONSOLIDATED FINANCIAL STATEMENTS. FSMB FILES AS A TAX-EXEMPT ORGANIZATION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HUMAYUN CHAUDHRY | ||||||||||||||
| CEO | $653,684 | $0 | $30,893 | $0 | $14,076 | $0 | $97,827 | $0 | $21,437 | $0 | $817,917 | $0 | $0 | $0 |
| MICHAEL DUGAN | ||||||||||||||
| CIO | $344,518 | $0 | $36,250 | $0 | $0 | $0 | $59,639 | $0 | $20,377 | $0 | $460,784 | $0 | $0 | $0 |
| LISA ROBIN | ||||||||||||||
| CAO | $331,346 | $0 | $31,250 | $0 | $1,456 | $0 | $54,389 | $0 | $11,694 | $0 | $430,135 | $0 | $0 | $0 |
| TODD PHILLIPS | ||||||||||||||
| CFO | $329,443 | $0 | $31,250 | $0 | $456 | $0 | $54,104 | $0 | $8,095 | $0 | $423,348 | $0 | $0 | $0 |
| DAVID JOHNSON | ||||||||||||||
| CHIEF ASSESSMENT OFFICER | $283,809 | $0 | $34,536 | $0 | $576 | $0 | $47,752 | $0 | $9,951 | $0 | $376,624 | $0 | $0 | $0 |
| ERIC FISH | ||||||||||||||
| CHIEF LEGAL OFFICER | $259,119 | $0 | $36,250 | $0 | $0 | $0 | $38,488 | $0 | $8,095 | $0 | $341,952 | $0 | $0 | $0 |
| CYNDI STREUN | ||||||||||||||
| ASSISTANT VP, INFORMATION | $200,264 | $0 | $19,049 | $0 | $0 | $0 | $33,250 | $0 | $11,650 | $0 | $264,213 | $0 | $0 | $0 |
| AARON YOUNG | ||||||||||||||
| ASSISTANT VP, RESEARCH & D | $185,003 | $0 | $18,250 | $0 | $0 | $0 | $32,606 | $0 | $24,708 | $0 | $260,567 | $0 | $0 | $0 |
| RITA HOU MOHSIN | ||||||||||||||
| DIRECTOR, PROJECT MANAGEMENT | $151,764 | $0 | $14,250 | $0 | $0 | $0 | $27,168 | $0 | $25,624 | $0 | $218,806 | $0 | $0 | $0 |
| JOSEPH KNICKREHM | ||||||||||||||
| VICE PRESIDENT, COMMUNICATIONS | $151,360 | $0 | $16,250 | $0 | $0 | $0 | $25,347 | $0 | $9,095 | $0 | $202,052 | $0 | $0 | $0 |
| FRANK MEYERS | ||||||||||||||
| DEPUTY LEGAL COUNSEL | $155,086 | $0 | $10,750 | $0 | $108 | $0 | $5,688 | $0 | $0 | $0 | $171,632 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | FIRST CLASS AIRFARE IS APPROVED FOR FLIGHTS LONGER THAN 4 HOURS DURATION. COMPANION TRAVEL EXPENSES ARE COVERED FOR SELECT MEETINGS, AND THESE EXPENSES ARE REPORTED ON THE 1099 FORM. DR. CHAUDHRY RECEIVED A HOUSING ALLOWANCE OF $18,000 IN CY 2022. |
| PART I, LINES 4A-B | NAME: JAMA BALL, DESCRIPTION: SEVERANCE PAYMENT, CURRENT YEAR AMOUNT: $38,179. NAME: HUMAYUN CHAUDHRY, DESCRIPTION: 457F CONTRIBUTION, CURRENT YEAR AMOUNT: $52,077. NAME: MICHAEL DUGAN, DESCRIPTION: 457F CONTRIBUTION, CURRENT YEAR AMOUNT: $13,889. NAME: LISA ROBIN, DESCRIPTION: 457F CONTRIBUTION, CURRENT YEAR AMOUNT: $8,639. NAME: TODD PHILLIPS, DESCRIPTION: 457F CONTRIBUTION, CURRENT YEAR AMOUNT: $8,354. NAME: DAVID JOHNSON, DESCRIPTION: 457F CONTRIBUTION, CURRENT YEAR AMOUNT: $2,002. THERE WERE NO DISTRIBUTIONS. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 3 | FSMB WAIVED FEES FOR 2023 MEMBERSHIP DUE TO COVID-19. |
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE OF THE BOARD SHALL CONSIST OF THE CHAIR AS CHAIR, CHAIR-ELECT, TREASURER, IMMEDIATE PAST CHAIR AND TWO DIRECTORS-AT-LARGE. THE DIRECTORS-AT-LARGE SHALL BE ELECTED FOR A ONE-YEAR TERM BY MAJORITY VOTE OF THE DIRECTORS-AT-LARGE AND THE ASSOCIATE MEMBERS OF THE BOARD OF DIRECTORS AT THE FIRST REGULAR MEETING OF THE BOARD FOLLOWING THE ANNUAL MEETING OF THE HOUSE OF DELEGATES. IN THE EVENT OF A VACANCY IN A DIRECTOR-AT-LARGE POSITION, THE DIRECTORS-AT-LARGE AND THE ASSOCIATE MEMBERS OF THE BOARD, BY MAJORITY VOTE, SHALL CHOOSE ANOTHER DIRECTOR-AT-LARGE TO SERVE THE REMAINDER OF THE ONE-YEAR TERM. IN THE EVENT OF VACANCY IN THE POSITION OF IMMEDIATE PAST CHAIR, THIS POSITION SHALL REMAIN VACANT UNTIL THE NEXT ANNUAL MEETING OF THE HOUSE OF DELEGATES. IN INTERVALS BETWEEN BOARD MEETINGS, THE EXECUTIVE COMMITTEE SHALL ACT FOR AND ON BEHALF OF THE BOARD IN ANY MATTERS THAT REQUIRE PROMPT ATTENTION. IT SHALL NOT MODIFY ACTIONS PREVIOUSLY TAKEN BY THE BOARD. MINUTES MUST BE KEPT OF ALL MEETINGS. THE EXECUTIVE COMMITTEE SHALL REPORT IN WRITING ALL FORMAL ACTIONS TAKEN BY IT TO THE BOARD OF DIRECTORS WITHIN FIVE WORKING DAYS OF TAKING THOSE ACTIONS. AT EACH MEETING OF THE BOARD, THE EXECUTIVE COMMITTEE SHALL PRESENT TO THE BOARD A WRITTEN REPORT OF ALL ITS FORMAL ACTIONS SINCE THE PREVIOUS MEETING OF THE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 6 | FSMB OF THE UNITED STATES HAS SEVERAL CLASSES OF MEMBERSHIP WHICH INCLUDE: MEMBER, FELLOW, HONORARY FELLOW, ASSOCIATE MEMBER, COURTESY MEMBER, AND AFFILIATE MEMBER. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE RIGHT TO VOTE AT MEETINGS OF THE HOUSE OF DELEGATES IS VESTED IN, AND RESTRICTED TO, MEMBER MEDICAL BOARDS. OFFICERS SHALL BE ELECTED BY A MAJORITY OF THE MEMBERS OF THE HOUSE OF DELEGATES WHO ARE VOTING. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE ANNUAL BUDGET, AND SOME OTHER ITEMS, REQUIRE A MAJORITY VOTE OF THE MEMBERS OF THE HOUSE OF DELEGATES. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS FIRST REVIEWED IN DETAIL BY THE CEO, CFO, AND THEREAFTER PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE FEDERATION'S CONFLICT OF INTEREST POLICY COVERS DIRECTORS, OFFICERS, COMMITTEE MEMBERS OR ANY MANAGER WITH THE AUTHORITY TO INFLUENCE THE ACTIONS OF FSMB. ANY DIRECTOR, OFFICER, OR FSMB COMMITTEE ("COMMITTEE") MEMBER WHO BELIEVES THAT HE OR SHE MAY HAVE A CONFLICT OF INTEREST NOTIFIES THE CHAIR OF THE BOARD OF DIRECTORS OR COMMITTEE OF SUCH POTENTIAL CONFLICT OF INTEREST. ANY MEMBER OF THE EXECUTIVE MANAGEMENT WHO BELIEVES THAT HE OR SHE MAY HAVE A CONFLICT OF INTEREST NOTIFIES THE CHIEF EXECUTIVE OFFICER OF SUCH POTENTIAL CONFLICT OF INTEREST. ALL PERSONS TO WHOM A POTENTIAL CONFLICT OF INTEREST IS REPORTED NOTIFIES THE BOARD OF DIRECTORS, WHICH DETERMINES WHETHER SUCH CONFLICT OF INTEREST IN FACT EXISTS. UNTIL THE BOARD OF DIRECTORS HAS MADE A DETERMINATION, ANY DISCLOSED POTENTIAL CONFLICT OF INTEREST IS PRESUMED TO BE AN ACTUAL CONFLICT OF INTEREST FOR THE PURPOSES OF THE FEDERATION'S POLICY. COVERED INDIVIDUALS WHO HAVE A CONFLICT OF INTEREST ARE COUNTED FOR PURPOSES OF A QUORUM, BUT ARE NOT PERMITTED TO PARTICIPATE IN DISCUSSIONS AT MEETINGS OF THE BOARD OF DIRECTORS OR COMMITTEES ABOUT A RELEVANT ISSUE; THEY DO NOT VOTE; AND ARE REQUIRED TO LEAVE THE ROOM BEFORE DECISIONS ARE MADE ON MATTERS RELATING TO THE CONFLICT OF INTEREST. IF IT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES FOR FSMB TO ENTER INTO A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT DOES NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OF DIRECTORS OR COMMITTEE DETERMINES BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS OR MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE BEST INTEREST OF FSMB, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT CONFIRMS ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. THE MINUTES OF THE BOARD OF DIRECTORS AND ALL COMMITTEES DOCUMENT ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE COMPENSATION COMMITTEE REVIEWS AND REVISES THE SALARY OF THE CEO. THE FEDERATION REVIEWS CEO SALARY COMPENSATION OF SIMILAR ORGANIZATIONS ANNUALLY. COMPENSATION COMMITTEE MINUTES ARE MAINTAINED BY THE TREASURER OF THE BOARD OF DIRECTORS. THE CEO REVIEWS AND REVISES THE SALARIES OF OTHER C-LEVEL EMPLOYEES. OTHER C-LEVEL SALARY ADJUSTMENTS MADE BY THE CEO ARE NOTED ON THE STANDARD FORMS WHICH ARE KEPT IN EACH EMPLOYEE'S HUMAN RESOURCES FILE. OFFICER COMPENSATION WAS REVIEWED LAST IN 2023. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FEDERATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FEDERATION OF STATE MEDICAL BOARDS RESEARCH AND EDUCATION FDN | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 FULLER WISER ROAD | AddressLine1Txt |
| City | EULESS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76039 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363071272 | EIN |
| Primary Activities | INFORM PUBLIC ON HEALTH CARE AND HEALTH CARE REGULATIONS | PrimaryActivitiesTxt |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12A, I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |