2024-11-15T10:04:27-08:00 2023-12-31 990 2023-01-01 231352238 National Board of Medical Examiners NATI 2155909500 3750 Market Street Philadelphia PA 19104 Peter J Katsufrakis President & CEO 2024-11-15 true 2023 2024-10-15 13:58:12Z 3750 Market Street Philadelphia PA 191043102 231503889 false X www.nbme.org X 1915 DC NBME advances assessment of healthcare professionals to achieve optimal care for all. 12 11 657 559 0 0 154830109 163555906 15479983 10615609 -45379 -12159 170264713 174159356 712223 1373496 0 81114749 88849846 0 0 65696184 73512105 147523156 163735447 22741557 10423909 408783672 444844524 125132815 119139527 283650857 325704997 X NBME advances assessment of health care professionals to achieve optimal care for all. While centered on assessment of physicians, this mission encompasses the spectrum of health professionals along the continuum of education, training and practice and includes research in evaluation as well as development of assessment tools.For further information visit www.nbme.org. false false 84276104 112206604 The United States Medical Licensing Examination (USMLE) is a three-step examination for medical licensure in the United States and is sponsored by the Federation of State Medical Boards (FSMB) and NBME. The USMLE program supports medical licensing authorities in the United States through its leadership in the development, delivery, and continual improvement of high-quality assessments across the continuum of physicians' preparation for practice. It assesses a physician's ability to apply knowledge, concepts, and principles that are important in health and disease and that constitute the basis of safe and effective patient care.For further information visit www.usmle.org.Note: The expenses reflected above do not include management and general expenses. 26046299 43126536 The Medical School and Student Services program provides assessment services to domestic and international medical schools, students, and residents. Assessments include the subject examination program, self-assessment services, and web-based examination programs and pilot projects. Subject exams measure achievement in the traditional basic and clinical science disciplines and are used to compare student performance with a national reference group. A series of web-based self-assessments are available to help students assess their readiness to take USMLE. Faculty services include item-writing workshops, and medical school liaison activities include the Advisory Committee for Medical School Programs.Note: The expenses reflected above do not include management and general expenses. 11319909 8222766 Custom Programs consist of a diverse portfolio of global customized assessment services and examination programs. The primary sources of revenue for Custom Programs are Health Profession Services, the Health and Wellness Coach Certifying Examination and the Post Licensure Assessment System. The Health Profession Services program provides comprehensive assessment, educational, consultative, and research services for healthcare organizations. During 2023, NBME's Health Profession Services worked with a variety of organizations to administer examinations for purposes of licensure and other evaluations of special competence for examination programs sponsored by health-related organizations. These organizations included allied health professional associations, members of the American Board of Medical Specialties, and medical societies. Examinations are administered worldwide, where applicable.NBME and the National Board for Health & Wellness Coaching collaborate to provide the Health and Wellness Coach Certifying Examination. The collaboration provides an opportunity to draw upon the unique capabilities of each organization to provide a high-quality assessment for health and wellness coaches. Exam content is developed by nationally recognized leaders in the field of health and wellness coaching and covers areas such as coaching structure and process, health and wellness, and ethics.The Post-Licensure Assessment System (PLAS) is a joint activity of NBME and the Federation of State Medical Boards (FSMB). PLAS comprises two programs: the Special Purpose Examination (SPEX) Program and the Assessment Center Program (ACP). SPEX is a one-day, multiple-choice examination of current knowledge requisite for the general, undifferentiated practice of medicine and is intended to be used for reasons of endorsement or reciprocity of licensure. The ACP provides comprehensive objective and personalized assessments of physicians for whom there is a question regarding clinical competence. Together, the PLAS programs have assessed physicians for reasons that range from endorsement of licensure to license reactivation after disciplinary action.Note: The expenses reflected for Custom Programs on Part III, line 4c do not include management and general expenses. 10483051 1066904 132125363 true false false false false false false false false true true true false false true true false true false false true true false false false false false true true true true false false false false false false false false false false false false false false false true true true true false true 538 0 true 657 true false false false false false false false 0 false false false false false true false X 12 11 false false false false false false false true true false false true true true true true true true true false X X John J Hinke Jr 2155909500 3750 Market Street Philadelphia PA 191043102 Peter J Katsufrakis President & CEO 45.00 0.00 X X 1240803 0 356199 John J Hinke Jr SVP & CFO 45.00 0.00 X 345237 0 204556 Michael G Jodoin SVP, C&P Mgmt 45.00 0.00 X 381908 0 154451 Michael A Barone VP, CBA 45.00 0.00 414880 0 101435 Ye Tong SVP, Assessment 45.00 0.00 X 385616 0 122171 Linda M Gadsby SVP, Gen Couns 45.00 0.00 X 385923 0 113806 Brian E Clauser Dist Research Sci 45.00 0.00 322091 0 162119 Pamela L Treves SVP, Growth 45.00 0.00 X 334143 0 133699 Andrew F Farella SVP & CIO 45.00 0.00 X 329701 0 130489 Christopher A Feddock AVP, CBA 45.00 0.00 394321 0 56594 Alex J Mechaber VP, USMLE 45.00 0.00 389958 0 55198 Kenneth W Ridgley VP, Test Dev Srvs 45.00 0.00 327504 0 77917 Janelle R Endres VP, Human Resources 45.00 0.00 255162 0 106474 Antionette Crockrell VP, Business Dev 45.00 2.00 276661 0 68844 Elisa K Moll VP, Strategy Management 45.00 2.00 236855 0 72923 Susan A Deitch Secretary 45.00 0.00 X 184371 0 113268 Lisa M Rawding SVP, Growth & Innovation 0.00 0.00 183344 0 0 Uchenna C Kwentoh VP, Marketing & Strategic Comm 45.00 0.00 149700 0 24395 Reena Karani Chair 4.00 0.00 X X 6757 0 0 Maya Hammoud Director 3.00 0.00 X 6608 0 0 Patricia A King Director 3.00 0.00 X 5306 0 0 David A Milling Treasurer 4.00 0.00 X X 5015 0 0 Danny M Takanishi Jr Director 3.00 0.00 X 3000 0 0 Joshua D Nosanchuk Director 3.00 0.00 X 2503 0 0 Marie Foley Vice Chair 4.00 0.00 X X 2487 0 0 Alfred F Tallia Past Chair 4.00 0.00 X X 1503 0 0 Jon Thomas Director 3.00 0.00 X 1400 0 0 Suzanne T Anderson Director 3.00 0.00 X 1300 0 0 Zachary E Weismann Director 3.00 0.00 X 1300 0 0 Kamili A Wilson Director 3.00 0.00 X 1000 0 0 6576357 2054538 295 true true false Perkins Coie LLP Client Accounting PO Box 24643 Seattle WA 98124 Legal Services 1124270 Beacon Hill Staffing Group LLC 152 Bowdoin Street Boston MA 02108 Employment Services 614277 44 New England Management Company 210 West Rittenhouse Square Philadelphia PA 19103 Hotel Services 547509 NGI Capital Inc 7200 80th Street Suite 030 Cottage Grove MN 55016 IT Consulting Services 448220 UMT 360 LLC 10800 NE 8th Street Suite 210 Bellevue WA 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38606416 9852728 8944021 908707 29703 27427753 24847505 2609951 45346552 74512911 Accrued Pension Cost 33093587 Collaborations Payable 175537 Deferred Compensation Plans 6389258 Finance Lease Obligation 131299 Post-retirement Health Benefits Payable 36829 39826510 X Part V, Line 4: Intended uses of the endowment fund. In 2021, NBME established a Philanthropy Fund in the amount of $100,000,000. This endowment fund and related philanthropic activities are intended to focus on protecting the health of the public by advancing assessment and medical education research to fortify licensing of health care professionals, driving equity, diversity and inclusion in medical and health professions by supporting learners who face socio-economic and other disadvantages and enabling initiatives that promote equity and inclusion in the profession and supporting the health of local communities. The Philanthropy Fund supports giving in the areas of medical education and research, learner supports, pathway programs and health equity. The Philanthropy Fund is included in NBMEs net assets without donor restrictions and is invested and professionally managed with the goal of providing investment returns over time to support annual grants or expenditures that meet the objectives of the fund. NBME has adopted a formal spending policy for the Philanthropy Fund. For years 2021-2023, disbursements from the fund will not exceed $5,000,000 annually. Beginning in 2024, the maximum funds to be disbursed from the Philanthropy Fund in any year will be equal to up to 5% of the trailing three-year average of the fund balance. Part X : FIN48 Footnote The Internal Revenue Service has classified NBME as exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code (IRC).U.S. GAAP requires management to evaluate tax positions taken and recognize a tax liability, if NBME has taken uncertain tax positions that more likely than not would not be sustained upon examination by a government authority. Management has analyzed the tax positions taken by NBME, and has concluded that as of December 31, 2023 and 2022, there were no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the consolidated financial statements. NBME recognizes accrued interest and penalties associated with uncertain tax positions, if any. There were no tax related interest or penalties recorded for either of the years ended December 31, 2023 or 2022. true Europe 0 0 Program Services See Part V 30265 North America 0 0 Program Services See Part V 20069 Cent Amer/Caribbean 0 0 Program Services See Part V 4015 South Asia 0 0 Program Services See Part V 91843 East Asia and the Pacific 0 0 Program Services See Part V 25208 171400 171400 Europe See Part V 5500 Wire Cash 1 true false false false true true true Achieve Now 1735 Market St Suite A500 Philadelphia PA 19103 383920150 501(c)(3) 20875 0 Contribution - See Part IV Albert Einstein College Med 1300 Morris Park Ave Bronx NY 10461 830621846 501(c)(3) 24883 0 Innovation Grant - See Part IV Albright College PO Box 15234 Reading PA 19612 231352615 501(c)(3) 204000 0 Philanthropy Grant - See Part IV Better Learning Experiences 392 Hilltop Road Paoli PA 19301 861734570 501(c)(3) 25000 0 Philanthropy Grant - See Part IV Childrens Hospital of Phila 3104 Civic Center Blvd Philadelphia PA 19104 231352166 501(c)(3) 75000 0 Philanthropy Grant - See Part IV Drexel Univ College of Med 3141 Chestnut Street Philadelphia PA 19104 231352630 501(c)(3) 75000 0 Contribution - See Part IV Drexel University 3201 Arch Street Suite 420 Philadelphia PA 19104 231352630 501(c)(3) 100000 0 Philanthropy Grant - See Part IV Duke Univ School of Med Grants and Contracts Durham NC 27710 560532129 501(c)(3) 25000 0 Philanthropy Grant - See Part IV Foundation Morristown Med Cen 475 South Street Morristown NJ 07960 223392808 501(c)(3) 10000 0 Contribution - See Part IV Health Career Collaborative 117 Crescent Avenue Burlingame CA 94010 834263912 501(c)(3) 5181 0 Contribution - See Part IV Icahn School of Medicine 1 Gustave L Levy Place New York NY 10029 136171197 501(c)(3) 50000 0 Contribution - See Part IV Maternity Care Coalition 3401 I Street Suite 407 Philadelphia PA 19134 232200410 501(c)(3) 20000 0 Philanthropy Grant - See Part IV Maui Food Bank 760 Kolu Street Wailuku HI 96793 990315110 501(c)(3) 10266 0 Contribution - See Part IV Medstar Health Research Inst 6525 Belcrest Road Suite 700 Hyattsville MD 20782 526056274 501(c)(3) 20835 0 Innovation Grant - See Part IV Nat Center Improv Med Educ 31 Mount Vernon Street Dover NH 03820 020501917 501(c)(3) 6000 0 Contribution - See Part IV National Academy of Sciences 500 5th Street NW Room 843 Washington DC 20001 530196932 501(c)(3) 20000 0 Contribution - See Part IV National Center Civic Innov 121 Avenue of the Americas New York NY 10013 020590588 501(c)(3) 34500 0 Contribution - See Part IV National Medical Fellowships 1199 North Fairfax Street Alexandria VA 22314 010963657 501(c)(3) 118134 0 Philanthropy Grant - See Part IV Network Towards Unity 970 Sproul Road Bryn Mawr PA 19010 815317497 501(c)(3) 30000 0 Philanthropy Grant - See Part IV Northeast Ohio Med Univ 4209 State Road 44 Rootstown OH 44272 341131512 501(c)(3) 25000 0 Innovation Grant - See Part IV NYU Grossman SOM 726 Broadway New York NY 10003 135562308 501(c)(3) 75000 0 Stemmler Grant - See Part IV Seattle Childrens Hospital PO Box 5371 Seattle WA 98145 910564748 501(c)(3) 75133 0 Stemmler Grant - See Part IV Together for West Phila 302 Powell Road Wynnewood PA 19096 831320384 501(c)(3) 25000 0 Philanthropy Grant - See Part IV UB Foundation Activities 955 Main Street Buffalo NY 14023 161372561 501(c)(3) 7000 0 Contribution - See Part IV Univ City District 3940-42 Chestnut Street Philadelphia PA 19104 232913784 501(c)(3) 63810 0 Contribution-See Part IV University of Illinois 28395 Network Place Chicago IL 60673 376000511 501(c)(3) 75000 0 Stemmler Grant - See Part IV University of Michigan 420 Administration Building Ann Arbor MI 48104 386006309 501(c)(3) 76000 0 Stemmler Grant - See Part IV Virginia Polytechnic Inst 300 Turner Street Blacksburg VA 24061 546001805 501(c)(3) 42419 0 Stemmler Grant - See Part IV Women in Measurement Inc 211 Lakeshore Drive Wayland MA 01778 853940541 501(c)(3) 6000 0 Contribution - See Part IV 29 0 Hubbard Award 1 10000 Cash Additional Supplemental Information Form 990, Schedule I, Part II, Line 1a - GrantsThe purpose of the Stemmler grants is to provide support for research or development of innovative evaluation methodology or techniques, with the potential to advance assessment in medical education or practice at eligible medical schools. In 2023, six Stemmler grants totaling $369,552 were awarded to schools within the U.S.The purpose of the Innovation grants is to support research and development of new approaches and capabilities which advance assessment in medical education and medical practice. In 2023, three Innovation grants totaling $70,718 were awarded to schools within the U.S.The purpose of the Philanthropy grants is to drive equity, diversity and inclusion in medical and health professions by supporting learners who face socio-economic and other disadvantages and supporting the health of local communities. In 2023, nine Philanthropy grants totaling $626,634 were awarded to various organizations in the U.S.Contributions:NBME periodically makes contributions to organizations and/or community programs in order to assist in furthering the exempt purpose of those organizations. NBME also gives the Board of Directors Chair, Vice Chair and Treasurer the option of contributing their honoraria to their respective places of employment. The total amount of contributions made in 2023 was $291,092.Form 990, Schedule I, Part III, Line 1a - Hubbard AwardEstablished in 1984, The Hubbard Award recognizes individuals for their outstanding contributions to the pursuit of excellence in assessment in medical education. Grantmaker's Description of How Grants are Used NBME monitors the use of grant funds by requiring reports on grantees progress during the specified grant period. Grantees are required to sign a binding grant agreement which includes a narrative outlining the purpose of the funding award and outcomes, and requires the submission of either a final report or an interim and final report, depending on the grant program. Grantees submit a budget detailing proposed expenses which is included in the grant agreement. The final report includes a final project narrative and final project fiscal report, which are reviewed by the NBME project owner, Philanthropy Director and associated committees. X X true true X X X X X X true true false false false false false false false Alex J Mechaber VP, USMLE 386650 3308 52671 2527 445156 Andrew F Farella SVP & CIO 324880 4821 105869 24620 460190 4521 Antionette Crockrell VP, Business Dev 274948 1713 57296 11548 345505 Brian E Clauser Dist Research Sci 311371 7784 2936 137233 24886 484210 Christopher A Feddock AVP, CBA 391533 2788 46494 10100 450915 Elisa K Moll VP, Strategy Management 242820 -5965 42778 30145 309778 Janelle R Endres VP, Human Resources 258630 -3468 76266 30208 361636 John J Hinke Jr SVP & CFO 349497 -4260 173021 31535 549793 Kenneth W Ridgley VP, Test Dev Srvs 332718 -5214 46566 31351 405421 Linda M Gadsby SVP, Gen Couns 383563 2360 102591 11215 499729 Lisa M Rawding SVP, Growth & Innovation 183344 183344 Michael A Barone VP, CBA 417427 -2547 70060 31375 516315 Michael G Jodoin SVP, C&P Mgmt 386650 -4742 124122 30329 536359 Pamela L Treves SVP, Growth 340600 -6457 102604 31095 467842 Peter J Katsufrakis President & CEO 840105 137384 263314 344359 11840 1597002 153750 Susan A Deitch Secretary 165235 19136 88534 24734 297639 16751 Uchenna C Kwentoh VP, Marketing & Strategic Comm 153654 -3954 3525 20870 174095 Ye Tong SVP, Assessment 383724 10000 -8108 90797 31374 507787 Part I, Line 1a: Relevant information in regards to selections on 1a. Travel PolicyNBME's Business Travel policy states that the most cost effective options available based on the traveler's requested itinerary should be made. First-class travel and travel for companions are not specifically authorized in the policy. In limited circumstances, certain NBME Officers and Key Employees may be permitted first-class travel if authorized by the President. First-class travel and companion travel for the President are included in the compensation package. The cost incurred for travel for companions is included in the employee's taxable earnings. Part III, Additional Information The amounts reflected on Schedule J, Column C Retirement and other deferred compensation include an estimate of the annual increase in the actuarial present value of each employees benefit to be received at retirement under NBMEs defined benefit plan. In addition, column C includes the amount contributed by NBME to an eligible employee's defined contribution plan, as well as earnings accrued under the Executive Deferred Compensation Plan where applicable. The amount in column C does not represent an actual cash payment to the employee during the year, but an estimate of the accrued benefit during the year to be received at a later date or at the time of retirement. A Phila Auth for Ind Dev 232237287 71781XBU6 2016-08-17 38013614 Refunding of 08/2008 Bonds false false false A 8965000 38399627 523810 37875817 false true true true A false true false false 0.13500 0.13500 false true 0.13500 false A false false false true false false false false false A true Part VI Part II, Line 3 - Total Proceeds of IssueThe total proceeds of issue listed in Part II, line 3 does not match the issue price in Part I, column (e) as a result of investment earnings associated with proceeds deposited in a refunding escrow account in conjunction with the advance refunding of the 2008A Series Bonds.Part III, Line 8 - In July 2023, NBME sold a parking garage that was purchased with a portion of the bond issuance. NBME is initiating remedial actions in accordance with IRS regulations. The proceeds from the sale of the bond-financed property are intended to be used for an alternate qualifying purpose, and Form 8038 will be filed to document this action.Part IV, Line 2, Column A - ArbitrageRebate computation was performed on 8/17/2021 Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: The Growth and Innovation unit includes the Office of Research which supports NBMEs research enterprise by coordinating NBMEs research efforts across the organization and ensuring that NBMEs research portfolio is consistent with institutional priorities. In addition to these defined programs of research and development, each program area and service unit is charged to carry on a program of research and development relevant to the work of the program or unit, for example, development of new item formats for USMLE, exploring relationships between prior measures and certifying exam performance for those we serve and developing new testing methods for those we serve. These research and development activities result in the publication of dozens of research reports in scientific journals and presentations at scientific meetings each year.The Office of Research is responsible for conducting research related to improving the quality and efficiency of NBME products, services, and procedures. It is also aimed at developing capabilities that allow NBME to expand its range of assessments both geographically and across the health professions. In addition to this work, the Office of Research provides non-routine technical support to other organizational divisions and subunits and conducts research to contribute to the field of measurement.This unit delivers information vital for planning strategy related to innovative assessments to meet stakeholder needs. They support conception and market testing of product ideas and the research to investigate and sustain products and services. Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by the NBME President, Chief Financial Officer, and General Counsel prior to filing the return with the Internal Revenue Service (IRS). The review is completed to ensure appropriate and complete disclosure. A copy of the Form 990 was provided to the NBME Board of Directors and Audit Committee members prior to filing the return with the IRS. Form 990, Part VI, Section B, Line 12c NBME has a written Fiduciary Duty and Conflict of Interest Statement for its Officers, Key Employees and Board of Directors Members. These individuals are required to review and sign the applicable policy annually. Submission of completed statements by Officers, Key Employees, and Board of Directors Members is enforced and annual disclosures of interests that could give rise to conflicts are monitored by the Secretary of the Board. Potential or real conflicts of interest are required to be reported to the Secretary of the Board or its President. If deemed appropriate, the party will be recused from the relevant proceedings. Form 990, Part VI, Section B, Line 15b To ensure NBME staff has the knowledge and skills necessary for the complex and changing environment of medical professional assessment, NBME uses a compensation evaluation process that is updated annually, reflects sound external practices, and governed by Board of Directors evaluation and approval. A Compensation Survey of Peer Organizations is conducted by an outside independent compensation consulting firm periodically, and recommendations are provided to NBME Human Resources and the Compensation Subcommittee of the NBME Board of Directors. The most recent survey was conducted in 2021. The recommendations, along with the results of a detailed annual CEO Evaluation of Performance report by the CEO Evaluation Subcommittee of the Board of Directors, are used by the Compensation Subcommittee to determine and approve CEO compensation. Compensation of officer employees and key employees is reviewed and approved annually by the Compensation Subcommittee. Compensation of non-employee officers is reviewed and approved annually by the Board of Directors with interested officers recused. Form 990, Part VI, Section C, Line 19 NBME governing documents, Conflict of Interest Policy, and financial statements are available upon request to the NBME Secretary of the Board. Form 990, Part XI, Line 9 Excise Tax = -$57295 Form 990, Part XI, Line 9 Loss on Asset Retirement = -$6245 Form 990, Part XI, Line 9 NBHWC Equity Pickup = $5222 Form 990, Part XI, Line 9 Pension-related Changes other than Net Periodic Pension Cost = $7102298 Form 990, Part XI, Line 9 Post-retirement Plan Health Benefits Payable Adjustment = $26335 Form 990, Part XI, Line 9 Settlement = -$17159 Statement Note 1 Note 1 - Form 990 Part I, line 6 - VolunteersNBME utilizes an extensive network of volunteers, many of whom are medical school faculty members and practicing physicians, to accomplish its mission. These volunteers contribute the highest levels of expertise in their profession to a range of activities including test development and governance. They receive a small honorarium in recognition of their service.Note 2 - Form 990 Part VI, line 1b - The President of NBME is an ex officio member of the NBME Board of Directors. NBHWC PO Box 16307 San Diego CA 92176 815064011 Health & Wellness Coaching DE 501(c)(6) N/A true Computer-Based Testing & Learning Corp 3750 Market Street Philadelphia PA 19104 232447706 Comp-based Testing PA NBME C Corp 1.00000 true false false false false false false false false false false false false false false false false false true false NBHWC r 490085