2025-05-13T10:48:28-05:00 2024-06-30 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2023-07-01 231352007 THE AMERICAN BOARD OF SURGERY INC AMER 2155684000 1617 JOHN F KENNEDY BLVD 860 PHILADELPHIA PA 191031847 JO BUYSKE PRESIDENT AND CEO 2155684000 2025-05-08 1 1 KOMAL DATE P01423236 2154414600 2023 2025-03-06 01:10:19Z JO BUYSKE MD 1617 JOHN F KENNEDY BLVD 860 PHILADELPHIA PA 191031847 19572660 0 X WWW.ABSURGERY.ORG X 1937 PA ADMINISTRATION OF CERTIFICATION, RECERTIFICATION, AND CONTINUOUS CERTIFICATION EXAMS AND ASSESSMENTS IN GENERAL SURGERY AND VASCULAR SURGERY, AS WELL AS SUBSPECIALTY AREAS OF SURGICAL CRITICAL CARE, PEDIATRIC SURGERY, HAND SURGERY, AND COMPLEX GENERAL SURGICAL ONCOLOGY. AS OF DECEMBER 2022, HOSPICE AND PALLIATIVE CARE DIPLOMATES ARE NOW CERTIFIED BY THE AMERICAN BOARD OF INTERNAL MEDICINE. 13 12 55 1300 0 0 0 0 15747727 17294314 958445 2020968 251921 257378 16958093 19572660 0 0 0 0 7537125 7704029 0 0 0 7036650 7851967 14573775 15555996 2384318 4016664 30085672 37321463 8473537 7407908 21612135 29913555 X SEE SCHEDULE O 0 0 THE ABS INCURS COSTS ASSOCIATED WITH THE DEVELOPMENT AND ADMINISTRATION OF CONTINUOUS CERTIFICATIONAND FOCUSED PRACTICE DESIGNATION BY ABS, AND IN ISSUING CERTIFICATES OF QUALIFICATION TO ALL CANDIDATES MEETING THE ABS'S REQUIREMENTS. DURING THE FISCAL YEAR ENDED JUNE 30, 2024, THERE WERE 26,773 INDIVIDUALS WHO TOOK AN EXAMINATION, INCLUDING 11,316 SURGERY RESIDENTS TAKING THEIR IN-TRAINING EXAMINATIONS. 2,093 INDIVIDUALS OBTAINED INITIAL CERTIFICATION, 11,071 TOOK THE CONTINUOUS CERTIFICATION ASSESSMENT FOR GENERAL AND OTHER SPECIALTIES AND 29 TOOK THE METABOLIC AND BARIATRIC SURGERY FOCUSED PRACTICE DESIGNATION. THE TYPES OF EXAMINATIONS THE COSTS ARE INCURRED FOR INCLUDE THE FOLLOWING: IN-TRAINING, QUALIFYING, CERTIFYING, RE-ENTRY, CONTINUOUS CERTIFICATION ASSESSMENTS INCLUDING ENTRUSTABLE PROFESSIONAL ACTIVITY ASSESSMENTS, AND FOCUSED PRACTICE RECOGNITION. THE AREAS OF SPECIALTY INCLUDE GENERAL SURGERY AND VASCULAR SURGERY, AND SUBSPECIALTIES INCLUDE SURGICAL CRITICAL CARE, PEDIATRIC SURGERY, SURGERY OF THE HAND, COMPLEX GENERAL SURGICAL ONCOLOGY, AND METABOLIC AND BARIATRIC SURGERY. THE SCORE ARM OF THE ABS INCURS EXPENSES IN PROVIDING HIGH-QUALITY EDUCATIONAL CONTENT IN SUPPORT OF THE SCORE CURRICULUM TO RESIDENTS ANDRESIDENCY PROGRAMS VIA THE SCORE PORTAL ON THE ORGANIZATION'S WEBSITE. THE SCORE CURRICULUM IS DESIGNED TO DEFINE THE PERTINENT SPECIALTIES OF GENERAL SURGERY AND PROVIDE GREATER ASSURANCE THAT RESIDENTS ARE RECEIVING SUFFICIENT TRAINING IN ALL AREAS. THE CURRICULUM FOCUSES ON THE FIVE YEARS OF PROGRESSIVE EDUCATION AND TRAINING THAT CONSTITUTE GENERAL SURGERY RESIDENCY IN THE U.S., AFTER MEDICAL SCHOOL BUT PRIOR TO INDEPENDENT PRACTICE, AND SEPARATE MODULES ADDRESS THE TRAINING OF VASCULAR SURGEONS AND SUBSPECIALISTS IN PEDIATRIC SURGERY, SURGICAL CRITICAL CARE, AND COMPLEX GENERAL SURGICAL ONCOLOGY. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 52 0 1 55 1 0 0 0 0 0 0 1 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JO BUYSKE MD PRESIDENT CEO 2155684000 1617 JOHN F KENNEDY BLVD STE 860 PHILADELPHIA PA 191031847 PARIS D BUTLER MD MPH DIRECTOR 3.00 X 0 0 0 MARK R CHASSIN MD MPP MPH DIRECTOR 3.00 X 0 0 0 MARJORIE J ARCA MC DIRECTOR 3.00 X 0 0 0 M ASHRAF MANSOUR MBBS CHAIR 3.00 X X 0 0 0 KAREN FISHER JD DIRECTOR 3.00 X 0 0 0 REBECCA M MINTER MD DIRECTOR 3.00 X 0 0 0 JOHN H STEWART JR MD DIRECTOR 3.00 X 0 0 0 BETH H SUTTON MD DIRECTOR 3.00 X 0 0 0 JO BUYSKE MD PRESIDENT & CEO, EX-OFFICI 40.00 X X 1132338 0 54206 E DAVID HAN MD DIRECTOR 3.00 X 0 0 0 M TIMOTH NELSON MD DIRECTOR 3.00 X 0 0 0 GILBERT R UPCHURCH JR MD DIRECTOR 3.00 X 0 0 0 AMY J GOLDBERG MD VICE CHAIR 3.00 X 0 0 0 MARY K MACKEY CPA CFO; BOARD TREASURER 40.00 X 216926 0 18376 JESSICA A SCHREADER COS/CAO; BOARD SECRETARY 40.00 X 219540 0 42596 MARK J HICKEY COO 40.00 X 221596 0 44558 BRUCE A PERLER MD VICE-PRESIDENT 20.00 X 261225 0 7837 ANDREW JONES PHD CQRAO 40.00 X 229124 0 32133 AMIT RT JOSHI MD EDITOR-IN-CHIEF, SCORE 3.00 X 169322 0 0 ADANWIMO OKAFOR GENERAL COUNSEL & CDEIO 40.00 X 266345 0 22354 JOHN D MELLINGER MD VICE PRESIDENT 20.00 X 274232 0 43047 NICOLE GIFFORD SENIOR EXAM AND LOGISTICS 40.00 X 115382 0 29990 LISA DRISCOLL IT MANAGER 40.00 X 128541 0 30963 CAROL BARRY MARINI PHD SENIOR PSYCHOMETRICIAN 40.00 X 158640 0 31573 RAYMOND O'MEARA DIRECTOR OF ASSESSMENT 1.00 X 151925 0 13144 KATHLEEN SCHUGSTA SENIOR STAFF ACCOUNTANT 1.00 X 127974 0 11226 3673110 0 382003 18 0 1 0 YOCUM TECHNOLOGY GROUP 5531 KURT DRIVE ALLENTOWN PA 18104 IT SERVICES 1010499 SILVERCHAIR 316 EAST MAIN STREET SUITE 300 CHARLOTTESVILLE VA 22902 IT SERVICES (SCORE) 929784 NCS PEARSON INC 5601 GREEN VALLEY DRIVE BLOOMINGTON MN 55437 TESTING ADMIN FEES 796546 PROCEDURAL LEARNING AND SAFETY COLLAB 177 HUNTINGTON AVE BOSTON MA 02115 IT SERVICES 354777 INTERNET TESTING SYSTEMS LLC 3000 CHESTNUT AVENUE SUITE 401 BALTIMORE MD 21211 IT SERVICES 351666 10 REGISTRATION / EXAM FEES 611710 14429067 14429067 SUBSCRIPTIONS 611710 2676393 2676393 OTHER REVENUE 611710 188854 188854 17294314 2020968 2020968 PASSTHROUGH REIMBURSEMENT 611710 257378 257378 257378 19572660 17551692 0 2020968 3262281 2979242 526741 535076 400689 97577 36502 118675 951831 98032 1771163 409874 1500820 75077 421221 95176 EXAMINATION ADMINISTRAT 1119414 EXAM ADMINISTRATION FEE 504650 DUES 293668 BOARD PASSTHROUGHS 267583 90704 15555996 4670476 1560668 376692 245806 360650 299626 3946691 2015688 1491445 1931003 22081962 29886431 169099 368291 935348 3029638 30085672 37321463 1986473 1678264 4552174 4650746 1934890 1078898 8473537 7407908 X 21612135 29913555 21612135 29913555 30085672 37321463 X 4016664 1401148 2883608 X X 0 1 X 1 0 431767 322560 109207 2599201 1276241 1322960 915723 416887 498836 1931003 RIGHT-OF-USE ASSETS - OPERATING 571281 PENSION PLAN 2444315 OTHER ASSETS 14042 3029638 OTHER LONG-TERM LIABILITY 469171 LEASE LIABILITIES - OPERATING 609727 1078898 X 20855133 1401148 1401148 19453985 118675 118675 19572660 15437321 0 15437321 118675 118675 15555996 PART X, LINE 2: ABS IS A NON-PROFIT ORGANIZATION WHICH HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE (IRS) TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C)(6) OF THE INTERNAL REVENUE CODE (IRC). SCORE WAS A NON-PROFIT ORGANIZATION WHICH HAS BEEN DETERMINED BY THE IRS TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C)(4) OF THE IRC. ON SEPTEMBER 16, 2020, SCORE FILED ITS FINAL FEDERAL INCOME TAX RETURN. ABS ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. ABS'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. MANAGEMENT DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. ABS'S FEDERAL INCOME TAX RETURNS FOR 2023, 2022, AND 2021 REMAIN SUBJECT TO EXAMINATION BY THE IRS. X X X X X 0 0 0 JO BUYSKE MD PRESIDENT & CEO, EX-OFFICI 921963 0 210375 0 0 0 26400 0 27806 0 1186544 0 0 0 JOHN D MELLINGER MD VICE PRESIDENT 273032 0 1200 0 0 0 22183 0 20864 0 317279 0 0 0 ADANWIMO OKAFOR GENERAL COUNSEL & CDEIO 250641 0 5000 0 10704 0 21046 0 1308 0 288699 0 0 0 BRUCE A PERLER MD VICE-PRESIDENT 260025 0 1200 0 0 0 7837 0 0 0 269062 0 0 0 MARK J HICKEY COO 197296 0 24300 0 0 0 18247 0 26311 0 266154 0 0 0 JESSICA A SCHREADER COS/CAO; BOARD SECRETARY 193603 0 25000 0 937 0 18226 0 24370 0 262136 0 0 0 ANDREW JONES PHD CQRAO 204124 0 25000 0 0 0 18303 0 13830 0 261257 0 0 0 MARY K MACKEY CPA CFO; BOARD TREASURER 183889 0 22333 0 10704 0 17094 0 1282 0 235302 0 0 0 CAROL BARRY MARINI PHD SENIOR PSYCHOMETRICIAN 154265 0 4375 0 0 0 13085 0 18488 0 190213 0 0 0 AMIT RT JOSHI MD EDITOR-IN-CHIEF, SCORE 168122 0 1200 0 0 0 0 0 0 0 169322 0 0 0 RAYMOND O'MEARA DIRECTOR OF ASSESSMENT 137711 0 3510 0 10704 0 12142 0 1002 0 165069 0 0 0 LISA DRISCOLL IT MANAGER 125161 0 3380 0 0 0 10867 0 20096 0 159504 0 0 0 PART I, LINE 3 ON JUNE 30, 2022 THE BOARD APPROVED A SEPARATE COMPENSATION COMMITTEE WHICH WAS IN EFFECT FOR ALL OF FY23-24 PART I, LINE 7 THE COMPENSATION COMMITTEE, AS PART OF ITS RESPONSIBILITIES IN SETTING EXECUTIVE COMPENSATION, ANNUALLY RECOMMENDS TO THE FULL BOARD, EXECUTIVE BONUSES BASED ON THE ACHIEVEMENT OF ORGANIZATIONAL AND CEO GOALS, RELYING ON A VARIETY OF FACTORS WHILE MAINTAINING THE INTEGRITY OF THE COMPENSATION SETTING PROCESS FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE AMERICAN BOARD OF SURGERY'S MISSION IS TO USE THE TOOLS OF TESTING, ASSESSMENT, CURRICULUM AND EDUCATION TO PROVIDE LEADERSHIP IN SURGICAL EDUCATION AND PRACTICE THROUGH RIGOROUS EVALUATION AND PROMOTING THE HIGHEST STANDARDS FOR PROFESSIONALISM, LIFELONG LEARNING, AND CONTINUOUS CERTIFICATION OF SURGEONS. THE ABS PRIMARILY SERVES THE THREE CATEGORIES OF PATIENTS, SOCIETY, AND THE SPECIALTY OF SURGERY. THE ABS WAS FOUNDED IN 1937 TO PROVIDE BOARD CERTIFICATION TO INDIVIDUALS WHO HAVE MET A DEFINED STANDARD OF EDUCATION, TRAINING AND KNOWLEDGE IN THE FIELD OF SURGERY. SURGEONS CERTIFIED BY THE ABS, KNOWN AS DIPLOMATES, HAVE COMPLETED AT LEAST 5 YEARS OF RESIDENCY TRAINING FOLLOWING MEDICAL SCHOOL, MET ALL ABS TRAINING REQUIREMENTS, AND SUCCESSFULLY COMPLETED THE ABS EXAMINATION PROCESS. ONCE CERTIFIED, ABS DIPLOMATES MUST COMPLETE CONTINUING EDUCATION AND ASSESSMENT ACTIVITIES IN A PROCESS NOW KNOWN AS CONTINUOUS CERTIFICATION. BOARD CERTIFICATION BY THE ABS IS A VOLUNTARY PROCESS THAT DEMONSTRATES A SURGEON'S COMMITMENT TO PROFESSIONALISM, LIFELONG LEARNING, AND QUALITY PATIENT CARE. THE ABS OFFERS BOARD CERTIFICATION IN SURGERY (GENERAL SURGERY), VASCULAR SURGERY, PEDIATRIC SURGERY, SURGICAL CRITICAL CARE, GENERAL SURGICAL ONCOLOGY AND SURGERY OF THE HAND. SEPARATE FROM CERTIFICATION, ABS ALSO OFFERS A VOLUNTARY FOCUSED PRACTICE DESIGNATION IN METABOLIC AND BARIATRIC SURGERY. THE ABS ALSO STRIVES TO IMPROVE THE EDUCATION OF RESIDENTS IN GENERAL AND VASCULAR SURGERY AND RELATED SPECIALTIES THROUGH THE DEVELOPMENT OF A NATIONAL CURRICULUM (SCORE) AS WELL AS ASSESSMENT IN TRAINING. SCORE'S PRIMARY FEATURE, THE SCORE PORTAL, DELIVERS EDUCATIONAL CONTENT ALIGNED WITH THE CURRICULUM TO RESIDENTS, FELLOWS AND TRAINING PROGRAMS. MANY ABS EXAMINATIONS, SUCH AS THE IN-TRAINING EXAMS AND THE QUALIFYING EXAMS FOR EACH SPECIALTY, INCLUDE CONTENT THAT IS ALIGNED WITH SCORE'S CURRICULUM IN ORDER TO STREAMLINE THE LEARNING EXPERIENCE. THE SCORE CURRICULUM IS DESIGNED TO DEFINE THE VARIOUS SURGICAL SPECIALTIES AND PROVIDE GREATER ASSURANCE THAT RESIDENTS AND FELLOWSHIP TRAINEES ARE RECEIVING SUFFICIENT TRAINING IN ALL AREAS. IN ADDITION TO THE ORIGINAL SCORE CURRICULUM FOR GENERAL SURGERY, SCORE'S OFFERINGS HAVE GROWN TO INCLUDE CURRICULA FOR VASCULAR SURGERY, PEDIATRIC SURGERY AND SURGICAL CRITICAL CARE, WITH A SURGICAL ONCOLOGY CURRICULUM CURRENTLY IN DEVELOPMENT. THE SCORE CURRICULUM FOR GENERAL SURGERY FOCUSES ON THE FIVE YEARS OF PROGRESSIVE EDUCATION AND TRAINING THAT CONSTITUTE GENERAL SURGERY RESIDENCY IN THE U.S. AFTER MEDICAL SCHOOL BUT PRIOR TO INDEPENDENT PRACTICE. IT HAS BEEN DEVELOPED IN ACCORDANCE WITH THE SIX COMPETENCIES EXPECTED OF A GRADUATING RESIDENT: PATIENT CARE; MEDICAL KNOWLEDGE; PROFESSIONALISM; INTERPERSONAL AND COMMUNICATION SKILLS; PRACTICE-BASED LEARNING; AND SYSTEMS-BASED PRACTICE. THE SCORE CURRICULA FOR THE OTHER SURGICAL SPECIALTIES INCLUDE TOPICS COVERED IN THE YEARS OF TRAINING FOLLOWING RESIDENCY. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM PREPARE THE FORM 990. THE FORM IS THEN REVIEWED BY THE ORGANIZATION'S CFO, LEGAL COUNSEL, CAO AND PRESIDENT/CEO AND ANY NEEDED CHANGES OR UPDATES ARE COMMUNICATED BACK TO THE ACCOUNTING FIRM. THE 990 IS REVIEWED IN DETAIL BY THE AUDIT COMMITTEE AND THEN RECOMMENDED FOR APPROVAL BY THE FULL BOARD. ALL BOARD MEMBERS RECEIVE COPIES OF THE FORM 990 BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS ALL DIRECTORS SIGN A DISCLOSURE FORM ANNUALLY ATTESTING TO THE FACT THAT THEY EACH HAVE READ, UNDERSTOOD, AND AGREED TO ABIDE BY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. ALL NEW DIRECTORS WILL BE REQUIRED TO SIGN THE SAME ATTESTATION UPON THEIR JOINING THE BOARD OF DIRECTORS. IN ADDITION, ANY DIRECTOR, OFFICER, EMPLOYEE, MEMBER OR COMMITTEE MEMBER HAVING AN INTEREST IN A CONTRACT OR OTHER TRANSACTION PRESENTED TO THE BOARD OF DIRECTORS OR A COMMITTEE THEREOF FOR AUTHORIZATION, APPROVAL, OR RATIFICATION SHALL GIVE PROMPT, FULL, AND FRANK DISCLOSURE OF HIS OR HER INTEREST TO THE BOARD OR COMMITTEE PRIOR TO ACTING ON SUCH CONTRACT OR TRANSACTION. THE BOARD OR COMMITTEE SHALL GATHER COMPARABILITY DATA REGARDING A POSSIBLE CONFLICT TO MAKE DETERMINATIONS REGARDING THE FAIRNESS AND REASONABLENESS OF THE TRANSACTION. THE INTERESTED PARTY MAY MAKE A PRESENTATION TO THE BOARD OR COMMITTEE CONCERNING THE TRANSACTION OR ARRANGEMENT AND THE INTERESTED PARTY'S INTEREST IN THE TRANSACTION OR ARRANGEMENT. THE BOARD OR COMMITTEE SHALL THEN DISCUSS THE TRANSACTION OR ARRANGEMENT WITHOUT THE INTERESTED PARTY PRESENT, INCLUDING THE DATA GATHERED ABOUT POSSIBLE MORE ADVANTAGEOUS TRANSACTIONS OR ARRANGEMENTS. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE IN CONFORMITY WITH THIS DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 IN JANUARY 2021, THE ABS ENGAGED AN INDEPENDENT COMPENSATION CONSULTANT TO PROVIDE RELEVANT, COMPETITIVE COMPARABLE MARKET COMPENSATION INFORMATION FOR SELECTED EXECUTIVE POSITIONS, INCLUDING THE CEO, VICE-PRESIDENTS, AND GENERAL COUNSEL. THE EXPERT REPORT CONCLUDED THAT ALL EXECUTIVES CURRENT RATES OF TOTAL COMPENSATION ARE REASONABLE. THE COMPENSATION REPORT AND ANALYSIS FOR THE EXECUTIVES WERE REVIEWED AND APPROVED BY THE ABS AUDIT COMMITTEE AND THE BOARD OF DIRECTORS, AS CONFIRMED IN THEIR RESPECTIVE MINUTES AT THAT TIME. IT IS THE POLICY OF THE ABS TO ENGAGE AN INDEPENDENT REVIEW EVERY 2-3 YEARS OR AS CONTRACTS ARE RENEWED; THEREFORE, AN ADDITIONAL, UPDATED REVIEW OF THE CEO COMPENSATION WAS PERFORMED IN APRIL 2022, AS PART OF THE CONTRACT RENEWAL PROCESS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: OTHER COMPONENTS OF NET PERIODIC PENSION COSTS 2,883,608. FORM 990, PART XII, LINE 2C AUDIT COMMITTEE IS TO OVERSEE THE SELECTION OF AUDITORS AND REVIEW OF AUDITED FINANCIAL STATEMENTS