2021-05-11T21:11:30-05:00 2020-06-30 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2019-07-01 231352007 THE AMERICAN BOARD OF SURGERY INC AMER 2155684000 1617 JOHN F KENNEDY BLVD NO 860 PHILADELPHIA PA 191031847 JO BUYSKE PRESIDENT AND CEO 2155684000 2021-04-28 1 CHRISTOPHER M PEKULA P00734965 2154414600 2019 2022-09-23 18:48:47Z JO BUYSKE MD 1617 JOHN F KENNEDY BLVD NO 860 PHILADELPHIA PA 191031847 14851755 0 X WWW.ABSURGERY.ORG X 1937 PA ADMINISTRATION OF CERTIFICATION, RECERTIFICATION AND CONTINUOUS CERTIFICATION EXAMS AND ASSESSMENTS IN GENERAL SURGERY, AS WELL AS SPECIALTY AREAS OF SURGICAL CRITICAL CARE, PEDIATRIC SURGERY, HAND SURGERY, COMPLEX GENERAL SURGICAL ONCOLOGY, VASCULAR SURGERY, AND HOSPICE AND PALLIATIVE CARE. 13 12 32 700 0 0 0 0 8312692 8242112 506455 266421 236462 386434 9055609 8894967 0 0 0 0 5206433 6978499 0 0 0 5166287 5145668 10372720 12124167 -1317111 -3229200 16809817 17288618 9272149 12421061 7537668 4867557 X SEE SCHEDULE O 0 0 COSTS INCURRED IN ADMINISTERING EXAMINATIONS FOR CANDIDATES SEEKING CERTIFICATION AND RECERTIFICATION BY THE BOARD AND IN ISSUING CERTIFICATES OF QUALIFICATION TO ALL CANDIDATES MEETING THE BOARD'S REQUIREMENTS. ALL EXPENSES AND REVENUES ARE INCURRED OR GENERATED FOR THIS PURPOSE. DURING FISCAL YEAR JUNE 30, 2020, THERE WERE 14,642 INDIVIDUALS WHO TOOK AN EXAMINATION, INCLUDING 10,341 SURGERY RESIDENTS TAKING THEIR IN-TRAINING EXAMINATIONS. 1,234 INDIVIDUALS OBTAINED CERTIFICATION (3 CERTIFICATION EXAMS HAD TO BE CANCELED DUE TO COVID-19), 9 WERE RE-CERTIFIED IN HAND AND HOSPICE AND PALLIATIVE MEDICINE WHILE 2,548 ENTERED INTO THE CONTINUOUS CERTIFICATION ASSESSMENT FOR GENERAL AND OTHER SPECIALTIES. THE TYPES OF EXAMINATIONS INCLUDE THE FOLLOWING: IN-TRAINING, QUALIFYING, CERTIFYING, RECERTIFICATION, CONTINUOUS ASSESSMENTS, GENERAL SURGERY, VASCULAR SURGERY, SURGICAL PRINCIPLES, SURGICAL CRITICAL CARE, PEDIATRIC SURGERY, HAND SURGERY, COMPLEX GENERAL SURGICAL ONCOLOGY, AND HOSPICE AND PALLIATIVE CARE. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 54 0 1 32 1 0 0 0 0 0 0 0 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 JO BUYSKE MD PRESIDENT & CEO, EX-OFFICIO 40.00 X X 877224 0 35387 FRANK R LEWIS JR MD RETIRED 0.00 X 728584 0 0 ABBY POZEFSKY GENERAL COUNSEL 20.00 X 231323 0 19812 BRUCE A PERLER MD VICE-PRESIDENT 20.00 X 239065 0 7172 ANDREW JONES PHD DIRECTOR OF PSYCHOMETRICS & RESEARCH 40.00 X 173621 0 22822 JESSICA A SCHREADER COO - ABS; BOARD SECRETARY 40.00 X 161495 0 30495 JAMES F FIORE DIRECTOR OF IT 40.00 X 159118 0 28625 MARK J HICKEY COO - SCORE DIVISION 40.00 X 156782 0 30055 MARY K MACKEY CPA CONTROLLER - BOARD TREASURER 40.00 X 167661 0 13413 JASON KOPP PSYCHOMETRICIAN 40.00 X 120139 0 24444 MARNI GRAMBAU DIRECTOR OF EXAMINIATION DEVELOPMENT 40.00 X 122825 0 17751 ALEX MINKOVSKY SENIOR SOFTWARE ENGINEER 40.00 X 112379 0 17973 NICOLE GIFFORD EXAM MANAGER 40.00 X 104711 0 24484 CHRIS TUCCI SENIOR SYSTEMS ENGINEER 40.00 X 106041 0 16112 O JOE HINES MD DIRECTOR 3.00 X 2200 0 0 REBECCA M MINTER MD DIRECTOR 3.00 X 1700 0 0 MARY T HAWN MD DIRECTOR 3.00 X 1600 0 0 AMY J GOLDBERG MD DIRECTOR 3.00 X 1200 0 0 K CRAIG KENT MD CHAIR 7.00 X X 1200 0 0 AMIT RT JOSHI MD DIRECTOR 3.00 X 0 0 0 BETH H SUTTON MD DIRECTOR 3.00 X 0 0 0 JOHN D MELLINGER MD VICE-CHAIR 3.00 X X 0 0 0 KAREN FISHER JD DIRECTOR 3.00 X 0 0 0 M ASHRAF MANSOUR MBBS DIRECTOR 3.00 X 0 0 0 MARK R CHASSIN MD MPP MPH DIRECTOR 3.00 X 0 0 0 PARIS D BUTLER MD MPH DIRECTOR 3.00 X 0 0 0 3468868 0 288545 14 1 1 0 NCS PEARSON INC 5601 GREEN VALLEY DRIVE BLOOMINGTON MN 55437 TESTING ADMIN FEES 639677 SILVERCHAIR 316 EAST MAIN STREET SUITE 300 CHARLOTTESVILLE VA 22902 IT SERVICES (SCORE) 578720 ROBERT CAVANAUGH 553 MONRENO AVENUE LOS ANGELES CA 90049 FINANCIAL CONSULTANT 217500 INTERNET TESTING SYSTEMS LLC 3000 CHESTNUT AVENUE SUITE 401 BALTIMORE MD 21211 IT SERVICES 212127 WASHINGTON UNIVERSITY 660 S EUCLID ST LOUIS MO 63110 EXECUTIVE SERVICES 205650 6 REGISTRATION / EXAM FEES 611710 5807860 5807860 SUBSCRIPTIONS 611710 2199704 2199704 MISCELLNAEOUS EXAMINATION FEES 611710 92020 92020 CONTENT PARTNER 611710 75028 75028 PSYCHOMETRIC FEES 611710 67500 67500 8242112 445023 445023 5778186 5956788 -178602 -178602 -178602 PASSTHROUGH REIMBURSEMENT 611710 227288 227288 CARES ACT: EMPLOYEE RETENTION CRE 900099 159146 159146 386434 8894967 8469400 0 425567 2560524 1771393 2111781 269320 265481 99264 91476 55730 951549 205992 1043799 422834 1180489 65774 66342 EXAMINATION ADMINISTRAT 376398 DUES 287219 BOARD PASSTHROUGHS 227201 COMMEMORATIONS 25340 46261 12124167 4395567 3434109 1610774 301497 84747 99788 1696140 1440725 278837 255415 10425850 13183767 14042 14042 16809817 17288618 743827 2658609 325400 2310571 8202922 7451881 9272149 12421061 X 7537668 4867557 7537668 4867557 16809817 17288618 X -3229200 -4951 564040 X X 0 1 X 1 0 431767 254420 177347 1264373 1186305 78068 255415 PENSION PLAN LIABILITY 7451881 7451881 X 8834286 -4951 -4951 8839237 55730 55730 8894967 12068437 0 12068437 55730 55730 12124167 PART X, LINE 2: THE BOARD 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 IS 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. THE BOARD 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. THE BOARD'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, 2020 AND 2019. THE BOARD'S AND SCORE'S FEDERAL INCOME TAX RETURNS FOR 2019, 2018, AND 2017 REMAIN SUBJECT TO EXAMINATION BY THE IRS. X X X X X X 1 0 0 JO BUYSKE MD PRESIDENT & CEO, EX-OFFICIO 762474 0 114750 0 0 0 22400 0 12987 0 912611 0 0 0 FRANK R LEWIS JR MD RETIRED 728584 0 0 0 0 0 0 0 0 0 728584 0 0 0 ABBY POZEFSKY GENERAL COUNSEL 230323 0 1000 0 0 0 18504 0 1308 0 251135 0 0 0 BRUCE A PERLER MD VICE-PRESIDENT 239065 0 0 0 0 0 7172 0 0 0 246237 0 0 0 ANDREW JONES PHD DIRECTOR OF PSYCHOMETRICS & RESEARCH 171021 0 2600 0 0 0 13890 0 8932 0 196443 0 0 0 JESSICA A SCHREADER COO - ABS; BOARD SECRETARY 158945 0 2550 0 0 0 12920 0 17575 0 191990 0 0 0 JAMES F FIORE DIRECTOR OF IT 156623 0 2495 0 0 0 12729 0 15896 0 187743 0 0 0 MARK J HICKEY COO - SCORE DIVISION 154325 0 2457 0 0 0 12543 0 17512 0 186837 0 0 0 MARY K MACKEY CPA CONTROLLER - BOARD TREASURER 146297 0 12364 0 9000 0 13413 0 0 0 181074 0 0 0 PART I, LINE 3 THE AUDIT COMMITTEE ACTS AS THE COMPENSATION COMMITTEE FOR THE ORGANIZATION. PART I, LINE 4A FRANK LEWIS, MD RECEIVED FINAL SEVERANCE PAYMENT OF $700,000 (TOTAL AMOUNT WAS PAID IN 4 INCREMENTAL PAYMENTS) DURING Q1 OF 2019. PART I, LINE 7 THE EXECUTIVE COMMITTEE, AS PART OF ITS RESPONSIBILITIES IN SETTING COMPENSATION, ANNUALLY AWARDS BONUSES ON A DISCRETIONARY BASIS 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 SERVE THE PUBLIC AND THE SPECIALTY OF SURGERY BY PROVIDING LEADERSHIP IN SURGICAL EDUCATION AND PRACTICE, BY PROMOTING EXCELLENCE THROUGH RIGOROUS EVALUATION AND EXAMINATION, AND BY PROMOTING THE HIGHEST STANDARDS FOR PROFESSIONALISM, LIFELONG LEARNING, AND THE CONTINUOUS CERTIFICATION OF SURGEONS IN PRACTICE. 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, COMPLEX GENERAL SURGICAL ONCOLOGY, HAND SURGERY, AND HOSPICE AND PALLIATIVE MEDICINE. 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 CONTROLLER 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 ITS 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 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 EXECUTIVE CURRENT RATES OF TOTAL COMPENSATION ARE WELL WITHIN NORMAL MARKET RANGES . THE COMPENSATION REPORT AND ANALYSIS FOR THE EXECUTIVES WAS REVIEWED AND APPROVED BY THE ABS AUDIT COMMITTEE AND THE BOARD OF DIRECTORS, AS CONFIRMED IN THEIR RESPECTIVE MINUTES . 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: NET ASSETS - SCORE -187,000. OTHER COMPONENTS OF NET PERIODIC PENSION COSTS 751,040. FORM 990, PART XII, LINE 2C AUDIT COMMITTEE IS TO OVERSEE THE SELECTION OF AUDITORS AND REVIEW OF AUDITED FINANCIAL STATEMENTS SURGICAL COUNCIL ON RESIDENT EDUCATION 1617 JFK BLVD SUITE 860 PHILADELPHIA PA 19103 453248734 PROVIDING RESIDENTS AND SURGERY PROGRAMS WITH EDUCATIONAL MATERIALS PA 501(C)(4) THE AMERICAN BOARD OF SURGERY INC 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 SURGICAL COUNCIL ON RESIDENT EDUCATION O 143622 COST SURGICAL COUNCIL ON RESIDENT EDUCATION C 38596 FMV