2025-09-09T11:00:15-05:00 2024-12-31 991856619 GRANT THORNTON ADVISORS LLC 171 N CLARK ST STE 200 CHICAGO IL 60601 990 2024-01-01 410847713 AMERICAN BOARD OF MEDICAL SPECIALTIES AMER 3124362600 353 NORTH CLARK STREET 1400 CHICAGO IL 60601 RICHARD E HAWKINS MD PRESIDENT & CEO 3124362600 2025-09-09 1 1 BRIDGET ROCHE P00666837 3128560200 2024 2025-03-06 01:10:19Z RICHARD E HAWKINS MD 353 NORTH CLARK STREET 1400 CHICAGO IL 60601 23437500 0 X WWW.ABMS.ORG X 1935 IL THE MISSION OF THE AMERICAN BOARD OF MEDICAL SPECIALTIES (ABMS) IS TO SERVE (CONTINUED IN SCH O) THE PUBLIC AND THE MEDICAL PROFESSION BY IMPROVING THE QUALITY OF HEALTH CARE THROUGH SETTING PROFESSIONAL STANDARDS FOR LIFELONG CERTIFICATION IN PARTNERSHIP WITH ITS MEMBER BOARDS. 35 34 71 132 0 0 0 0 20895772 21887260 846791 1438584 65448 111656 21808011 23437500 0 0 0 0 12428626 13333511 0 0 0 6039420 6524933 18468046 19858444 3339965 3579056 41229992 46726373 11414332 11552425 29815660 35173948 X IN COLLABORATION WITH ITS MEMBER BOARDS, ABMS CREATES STANDARDS FOR BOARD CERTIFICATION FOR PHYSICIANS AND MEDICAL SPECIALISTS. SPECIFICALLY, FOR INITIAL AND CONTINUING CERTIFICATION. ABMS AND ITS MEMBER BOARDS ESTABLISH RIGOROUS STANDARDS OF (CONTINUED IN SCH O) 0 0 IN PARTNERSHIP WITH ITS MEMBER BOARDS, ABMS IS A LEADER IN SETTING RIGOROUS STANDARDS FOR BOARD CERTIFICATION ACROSS 38 MEDICAL SPECIALTIES AND 89 MEDICAL SUBSPECIALTIES. WHILE MEMBER BOARDS TAILOR THESE STANDARDS TO THEIR SPECIFIC SPECIALTIES AND SUBSPECIALTIES, ABMS SUPPORTS THE MEMBER BOARDS IN THE OVERALL IMPLEMENTATION OF THE STANDARDS BY PROVIDING LEARNING OPPORTUNITIES AND RESOURCES REGARDING EVALUATION, ASSESSMENT AND POLICY DEVELOPMENT RELATIVE TO CERTIFICATION. THESE SUPPORTS ARE CRITICAL TO THE ABMS COMMUNITY. AT PRESENT, IN THE UNITED STATES, ABMS MEMBER BOARDS HAVE CERTIFIED MORE THAN 997,000 PHYSICIANS AND MEDICAL SPECIALISTS. INTERNATIONALLY, ABMS CONTRACTS WITH THE SINGAPORE MINISTRY OF HEALTH TO DEVELOP AND MAINTAIN A PROGRAM OF PHYSICIAN ASSESSMENT AND CERTIFICATION FOR SINGAPORE'S PHYSICIANS AND MEDICAL SPECIALISTS, AS WELL AS CONSULTS WITH OTHER COUNTRIES AND COMMUNITIES ACROSS THE WORLD SEEKING TO EXPLORE OR ESTABLISH PHYSICIAN CERTIFICATION PROGRAMS. ABMS CONVENES LEADERS AND STAKEHOLDERS FROM ACROSS THE ABMS AND GREATER HEALTH CARE COMMUNITIES TO DISCUSS CURRENT AND EMERGING ISSUES IN TODAY'S HEALTH CARE SYSTEM, SEEKING TO UNDERSTAND WAYS IN WHICH ABMS AND ITS MEMBER BOARDS CAN ADDRESS THOSE ISSUES TO IMPROVE THE QUALITY OF PATIENT CARE. IN TERMS OF ADVOCACY, ABMS COMMUNICATES INFORMATION ABOUT AND EMPHASIZES THE IMPORTANCE OF BOARD CERTIFICATION TO DIPLOMATES, MEDICAL PROFESSIONALS, HEALTH CARE ORGANIZATIONS, INSURERS, LEGISLATORS AND THE GENERAL PUBLIC. THESE COMMUNICATIONS PROVIDE THESE STAKEHOLDERS AND ADVOCATES WITH FACTUAL INFORMATION ABOUT THE IMPORTANCE OF BOARD CERTIFICATION AND THE MARKER OF TRUST SIGNIFIED BY THE CREDENTIAL. CERTIFICATIONMATTERS.ORG, WHICH IS A PUBLIC ACCESS ABMS WEBSITE, ALSO PROVIDES INFORMATION ABOUT BOARD CERTIFICATION. ANY INDIVIDUAL MAY ACCESS THIS SITE TO DETERMINE IF A PHYSICIAN OR MEDICAL SPECIALIST IS BOARD CERTIFIED BY AN ABMS MEMBER BOARD. IN TERMS OF RESEARCH AND PROFESSIONAL DEVELOPMENT, ABMS AND ITS MEMBER BOARDS ACTIVELY STUDY AND SUPPORT RESEARCH INTO THE IMPACT THAT CERTIFICATION PROGRAMS HAVE ON BOTH THE PROFESSION OF MEDICINE AS WELL AS IMPROVING PATIENT SAFETY AND HEALTH CARE. ABMS IS ALSO COMMITTED TO PHYSICIAN PROFESSIONAL DEVELOPMENT AS PART OF ITS MEMBER BOARDS' CONTINUING CERTIFICATION PROGRAMS, INCLUDING CONTINUING MEDICAL EDUCATION AND QUALITY AND PRACTICE IMPROVEMENT ACTIVITIES. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 62 0 1 71 1 0 0 0 0 0 0 0 0 X 35 34 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X JULIE HUBBARD 3124362694 353 NORTH CLARK STREET STE 1400 CHICAGO IL 60654 X RICHARD E HAWKINS MD PRESIDENT & CEO 47.50 2.50 X X 812023 42738 86109 REBECCA L JOHNSON MD CHAIR 10.00 1.00 X X 22500 2500 0 LARRY A GREEN MD IMMEDIATE PAST CHAIR 10.00 1.00 X X 22500 2500 0 SUSAN RAMIN MD SECRETARY-TREASURER 10.00 1.00 X X 22500 2500 0 J BRANTLEY THRASHER MD FACS CHAIR-ELECT 1.00 1.00 X 22500 2500 0 RICHARD J BARON MD DIRECTOR (THRU 06/2024) 1.00 0.00 X 0 0 0 MICHAEL A BARONE MD MPH DIRECTOR (AS OF 06/2024) 1.00 0.00 X 0 0 0 GEORGE B BARTLEY MD DIRECTOR 1.00 0.00 X 0 0 0 PRIYA J BATHIJA JD DIRECTOR (THRU 06/2024) 1.00 0.00 X 0 0 0 MIRIAM G BLITZER PHD FACMG DIRECTOR (THRU 06/2024) 1.00 0.00 X 0 0 0 BETH A BORTZ MPP DIRECTOR (AS OF 06/2024) 1.00 0.00 X 0 0 0 KEITH BRANDT MD DIRECTOR 1.00 1.00 X 0 0 0 SHEILA BUSH DIRECTOR (AS OF 06/2024) 1.00 0.00 X 0 0 0 JO BUYSKE MD DIRECTOR 1.00 0.00 X 0 0 0 KIRK A FREY MD DIRECTOR (AS OF 06/2024) 1.00 0.00 X 0 0 0 ROBERT R GAISER MD MSED DIRECTOR 1.00 0.00 X 0 0 0 THOMAS W HESS JD DIRECTOR (THRU 06/2024) 1.00 0.00 X 0 0 0 DAVID B JOSEPH MD ACS FAAP DIRECTOR (AS OF 06/2024) 1.00 0.00 X 0 0 0 JOHN L KENDALL MD FACEP DIRECTOR 1.00 0.00 X 0 0 0 CAROLYN L KINNEY MD DIRECTOR 1.00 0.00 X 0 0 0 AZRA LIGON PHD FACMG DIRECTOR (AS OF 06/2024) 1.00 0.00 X 0 0 0 JEFFREY M LYNESS MD DIRECTOR 1.00 0.00 X 0 0 0 DAVID F MARTIN MD DIRECTOR 1.00 0.00 X 0 0 0 FURMAN S MCDONALD MD MPH DIRECTOR (AS OF 06/2024) 1.00 0.00 X 0 0 0 WALTER H MERRILL MD DIRECTOR 1.00 0.00 X 0 0 0 TARA MONTGOMERY MS DIRECTOR (THRU 06/2024) 1.00 1.00 X 0 0 0 MICHAEL R NELSON MD PHD DIRECTOR 1.00 1.00 X 0 0 0 MARY S NEWELL MD FACR FSBI DIRECTOR 1.00 0.00 X 0 0 0 WARREN P NEWTON MD MPH DIRECTOR 1.00 1.00 X 0 0 0 WENDY K NICKEL MPH DIRECTOR (AS OF 06/2024) 1.00 0.00 X 0 0 0 BRIAN NUSSENBAUM MD DIRECTOR 1.00 0.00 X 0 0 0 CHRISTOPHER J ONDRULA JD DIRECTOR 1.00 0.00 X 0 0 0 DONALD J PALMISANO JR JD DIRECTOR 1.00 1.00 X 0 0 0 CARL W PATTEN JR JD CAE DIRECTOR (AS OF 06/2024) 1.00 0.00 X 0 0 0 GARY W PROCOP MD DIRECTOR 1.00 0.00 X 0 0 0 THOMAS E READ MD DIRECTOR 1.00 0.00 X 0 0 0 RANDALL K ROENIGK MD DIRECTOR 1.00 0.00 X 0 0 0 TARA B ROUSE MA CPHQ CPXP DIRECTOR 1.00 0.00 X 0 0 0 GEORGE M SEGAL MD DIRECTOR (THRU 06/2024) 1.00 0.00 X 0 0 0 BARBARA WACHSMAN MPH DIRECTOR (THRU 06/2024) 1.00 0.00 X 0 0 0 JOHN A WILSON MD FAANS FACS DIRECTOR 1.00 0.00 X 0 0 0 SUZANNE K WOODS MD DIRECTOR (THRU 06/2024) 1.00 0.00 X 0 0 0 AMY E YOUNG MD DIRECTOR 1.00 0.00 X 0 0 0 GREGORY OGRINC MD SVP, CERT STANDARD & PRGM 40.00 10.00 X 397148 93568 88888 JENNIFER MICHAEL CHIEF OPERATING OFFICER 47.50 2.50 X 353702 18616 87266 STEPHANIE DONOVAN CHIEF LEGAL OFFICER 47.50 2.50 X 307719 16196 86138 CARRIE RADABAUGH SVP, GOVERNANCE AND BOARD RELATIONS 47.50 2.50 X 306524 16133 82992 AMY GIBSON SVP POLICY & EXT. RELATIONS 50.00 0.00 X 304674 0 52305 JULIE HUBBARD CFO 47.50 2.50 X 267449 14076 35669 DORIA LESS ACCOUNT EXECUTIVE 50.00 0.00 X 308813 0 33317 RICHARD WATERS CHIEF MARKETING OFFICER 49.00 1.00 X 279677 5708 49527 DAVID COURSEY DIRECTOR OF SALES 50.00 0.00 X 280356 0 37984 KRISTA ALLBEE VP, ASSESSMENT PROGRAMS 50.00 0.00 X 273062 0 22095 WILLIAM SIVRAIS AVP, ASSESS PROGRAMS 47.50 2.50 X 213488 11237 59376 4194635 228272 721666 41 0 1 0 INTERNET TESTING SYSTEMS LLC 300 CHESTNUT AVE STE 401 BALTIMORE MD 21211 TEST ADMINISTRATION 448896 CIVIC HEALTH PARTNERS LLC 235 LINCOLN PLACE APT 6H BROOKLYN NY 11217 CONSULTING 145800 BAKER MCKENZIE LLP 300 EAST RANDOLPH ST STE 5000 CHICAGO IL 60601 LEGAL 137299 ASSET CONSULTING GROUP 231 SOUTH BEMISTON AVE 14TH FLOOR ST LOUIS MO 63105 INVESTMENT MANAGEMENT COMPANY 135967 GRANT THORNTON ADVISORS LLC 171 N CLARK ST SUITE 200 CHICAGO IL 60601 AUDIT AND TAX SERVICE 113176 5 DATA SERVICES 730000 9649658 9649658 0 0 MEMBERSHIP DUES 862100 7467200 7467200 0 0 PROGRAM & SPONSORSHIP 860000 2437459 2437459 0 0 LICENSE FEES 860000 1285774 1285774 0 0 INTERNATIONAL PROGRAMS 900099 1047169 1047169 0 0 21887260 1438584 1438584 87441 0 87441 87441 87441 PAYROLL SERVICES 541214 24215 24215 24215 23437500 21887260 0 1550240 3321918 7836313 503754 1034803 636723 287103 72059 108817 97385 143461 745286 343397 450860 1120601 961686 288458 1454804 137041 295748 RECRUITMENT 9656 SINGAPORE INCOME TAX 8571 19858444 9266165 7986497 441697 492025 827248 973563 4293816 4054436 293496 239380 23250678 29326079 0 0 0 0 796836 796836 6353872 6911993 41229992 46726373 2172972 2394415 6427350 7268269 2814010 1889741 11414332 11552425 X 29815660 35173948 29815660 35173948 41229992 46726373 3579056 1776532 2700 0 X 0 1 X 1 0 0 0 0 0 0 1 7467200 118855 147 119002 118855 147 527711 451853 75858 3766105 3602583 163522 239380 DUE FROM RELATED AFFILIATE 4455164 RIGHT OF USE ASSET 1617029 DEFERRED COMPENSATION PLAN 839800 6911993 OPERATING LEASE LIABILITY 1889741 1889741 X PART X, LINE 2: FIN 48 FOOTNOTE THE FINANCIAL ACCOUNTING STANDARDS BOARD HAS ISSUED GUIDANCE THAT REQUIRES THE TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. OTHER THAN WHAT IS DISCLOSED IN NOTE M, MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. NOTE M OF THE AUDITED FINANCIAL STATEMENTS OUTLINES TAX EXPENSE RECEIVABLES AND PAYABLES FOR INCOME TAX PURPOSES. 1 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES SPECIALTY CERTIFICATION 439641 0 0 0 0 0 0 439641 0 439641 0 0 0 0 0 0 PART I, LINE 2: PROCEDURES FOR MONITORING ASSISTANCE OUTSIDE THE U.S. THE ORGANIZATION TRACKS AND MONITORS EXPENDITURES TO ORGANIZATIONS OUTSIDE THE U.S. USING THE SAME METHODS IT USES TO TRACK AND MONITOR EXPENDITURES WITHIN THE U.S. PART I, LINE 3: ACTIVITIES PER REGION THE ORGANIZATION USES THE ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES. X X 1 1 X X X X 0 0 0 RICHARD E HAWKINS MD PRESIDENT & CEO 715351 37650 47528 2501 49144 2587 41753 2198 40050 2108 893826 47044 48004 2527 GREGORY OGRINC MD SVP, CERT STANDARD & PRGM 287659 71915 31200 7800 78289 13853 35160 8790 35950 8988 468258 111346 28975 1525 JENNIFER MICHAEL CHIEF OPERATING OFFICER 321877 16941 31825 1675 0 0 41754 2198 41148 2166 436604 22980 0 0 STEPHANIE DONOVAN CHIEF LEGAL OFFICER 282544 14871 25175 1325 0 0 40795 2147 41036 2160 389550 20503 0 0 CARRIE RADABAUGH SVP, GOVERNANCE AND BOARD RELATIONS 278569 14662 27550 1450 405 21 38792 2042 40050 2108 385366 20283 0 0 AMY GIBSON SVP POLICY & EXT. RELATIONS 277696 0 25500 0 1478 0 18712 0 33593 0 356979 0 0 0 DORIA LESS ACCOUNT EXECUTIVE 306878 0 1720 0 215 0 13097 0 20220 0 342130 0 0 0 RICHARD WATERS CHIEF MARKETING OFFICER 271269 5536 8408 172 0 0 21243 434 27293 557 328213 6699 0 0 DAVID COURSEY DIRECTOR OF SALES 274269 0 4550 0 1537 0 22886 0 15098 0 318340 0 0 0 JULIE HUBBARD CFO 245124 12901 22325 1175 0 0 19062 1003 14824 780 301335 15859 0 0 KRISTA ALLBEE VP, ASSESSMENT PROGRAMS 261328 0 9260 0 2474 0 19929 0 2166 0 295157 0 0 0 WILLIAM SIVRAIS AVP, ASSESS PROGRAMS 201527 10607 6831 360 5130 270 16065 846 40342 2123 269895 14206 4513 238 PART I, LINE 1A FIRST-CLASS OR CHARTER TRAVEL PER THE TERMS OF HIS EMPLOYMENT CONTRACT, THE PRESIDENT AND CHIEF EXECUTIVE OFFICER IS PERMITTED TO FLY FIRST CLASS FOR ORGANIZATION-RELATED BUSINESS ON FLIGHTS THAT ARE THREE HOURS IN DURATION OR LONGER. THIS BENEFIT IS NOT TAXABLE AS COMPENSATION. DISCRETIONARY SPENDING PER THE TERMS OF HIS OFFER LETTER, ONE KEY EMPLOYEE RECEIVES A TRAVEL ALLOWANCE. THE TRAVEL ALLOWANCE IS TAXABLE AS COMPENSATION. FORM 990, PART I, LINE 1 KNOWLEDGE, SKILLS AND JUDGMENT IN A MEDICAL SPECIALTY AND THEN ADMINISTER A RELIABLE AND VALID ASSESSMENT TO DETERMINE WHETHER A CANDIDATE IS ABLE TO DEMONSTRATE MASTERY OF THE CORE KNOWLEDGE OF THE SPECIALTY AND THE SKILLS AND JUDGMENT TO APPLY SUCH KNOWLEDGE IN SAFE AND EFFECTIVE PRACTICE. CANDIDATES MUST ALSO SATISFY PROFESSIONALISM AND PROFESSIONAL STANDING REQUIREMENTS AS WELL AS OTHER CONDITIONS ESTABLISHED BY EACH MEMBER BOARD. FOLLOWING INITIAL CERTIFICATION, CERTIFIED PHYSICIANS (REFERRED TO AS "DIPLOMATES") ARE REQUIRED TO MAINTAIN THEIR CERTIFICATION BY SATISFYING A VARIETY OF CONTINUING CERTIFICATION REQUIREMENTS, INCLUDING ASSESSMENTS OF THEIR KNOWLEDGE AND SKILLS, PROFESSIONAL CONDUCT, CONTINUING MEDICAL EDUCATION AND PRACTICE IMPROVEMENT ACTIVITIES. THROUGH THE PROCESS OF CONTINUING CERTIFICATION, ABMS AND ITS MEMBER BOARDS SERVE THE PUBLIC BY ENSURING THEIR BOARD CERTIFIED DIPLOMATES ARE CURRENT AND COMPETENT IN THEIR SPECIALTIES AND ARE ABLE TO IMPROVE THE QUALITY OF HEALTH CARE AND SERVE THE BEST INTERESTS OF THEIR PATIENTS. FORM 990, PART VI, SECTION A, LINE 1A DELEGATION OF AUTHORITY WITH RESPECT TO "MATERIAL DIFFERENCES IN VOTING RIGHTS AMONG MEMBERS OF THE GOVERNING BODY," THE ABMS BOARD OF DIRECTORS IS COMPRISED OF 35 VOTING MEMBERS. THE CHAIR, CHAIR-ELECT, IMMEDIATE PAST CHAIR, SECRETARY-TREASURER AND PRESIDENT AND CHIEF EXECUTIVE OFFICER EACH HAVE ONE VOTE. THE SIX PUBLIC MEMBERS EACH HAVE ONE VOTE. THE VOTES ALLOCATED TO THE 24 MEMBER BOARD EMPOWERED REPRESENTATIVES (MBERS) DEPEND ON THE TYPE OF VOTE REQUIRED BY THE BYLAWS. IF THE VOTE REQUIRED IS A "REPRESENTATIONAL VOTE," THEN EACH MBER HAS ONE VOTE. IF THE VOTE REQUIRED IS A "PROPORTIONAL VOTE," THEN THE MBERS HAVE AN ALLOCATED PORTION OF 100 VOTES BASED ON A FORMULA SET FORTH IN THE BYLAWS. IN THE CASE OF PROPORTIONAL VOTING, THE BYLAWS STATE THAT EACH MBER HAS A BASE VOTE OF TWO VOTES AND THAT THE REMAINDER OF THE 100 VOTES ARE PRORATED AMONG THE MBERS BASED ON THE NUMBER OF NEW DIPLOMATES CERTIFIED DURING A DEFINED PERIOD. AT YEAR END 2024, THERE WERE 35 VOTING MEMBERS. WITH RESPECT TO THE GOVERNING BOARD DELEGATING "BROAD AUTHORITY" TO AN EXECUTIVE COMMITTEE, THE EXECUTIVE COMMITTEE OF THE ABMS BOARD OF DIRECTORS IS A STANDING COMMITTEE WITH RESPONSIBILITY FOR OVERSEEING THE CORPORATION AND WITH FULL AUTHORITY TO ACT ON BEHALF OF THE CORPORATION IN THE INTERIM BETWEEN MEETINGS OF THE ABMS BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE IS REQUIRED TO COMMUNICATE TO THE ABMS BOARD OF DIRECTORS IN A TIMELY FASHION ALL OF ITS ACTIONS TAKEN ON BEHALF OF THE CORPORATION. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE FOLLOWING MEMBERS OF THE ABMS BOARD OF DIRECTORS: CHAIR, CHAIR-ELECT, IMMEDIATE PAST CHAIR, SECRETARY-TREASURER, PRESIDENT, AND CHIEF EXECUTIVE OFFICER, THREE MBERS, AND ONE PUBLIC MEMBER. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS THERE ARE THREE CLASSES OF MEMBERS-REGULAR MEMBERS, ASSOCIATE MEMBERS AND PUBLIC MEMBERS. EACH CLASS HAS ONLY THE RIGHTS AND POWERS SET FORTH BELOW. REGULAR MEMBERS ARE ALL 24 PRIMARY AND CONJOINT MEDICAL SPECIALTY BOARDS THAT HAVE BEEN APPROVED BY ABMS FOR MEMBERSHIP. ASSOCIATE MEMBERS ARE LIMITED TO SUCH ORGANIZATIONS INTERESTED IN MEDICAL EDUCATION OR THE STANDARDS OF MEDICAL PRACTICE AS, IN THE SOLE OPINION OF ABMS, MAY ASSIST IT SIGNIFICANTLY IN THE ATTAINMENT OF ITS PURPOSES. PUBLIC MEMBERS ARE PERSONS ELECTED BY THE ABMS BOARD OF DIRECTORS TO BRING VIEWPOINTS FROM THE PUBLIC TO THE DELIBERATIONS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OR STOCKHOLDERS WHO MAY ELECT PER THE BYLAWS, CANDIDATES FOR OPEN MEMBER POSITIONS ARE RECOMMENDED BY THE RESPECTIVE MEMBER BOARD TO THE ABMS BOARD OF DIRECTORS GOVERNANCE COMMITTEE. CANDIDATES FOR PUBLIC MEMBER POSITIONS MAY BE RECOMMENDED TO THE GOVERNANCE COMMITTEE BY ANY MEMBER OF THE ABMS BOARD OF DIRECTORS, ANY MEMBER OR ASSOCIATE MEMBERS. THE GOVERNANCE COMMITTEE REVIEWS THE CRITERIA AND QUALIFICATIONS OF PROSPECTIVE CANDIDATES BEFORE NOMINATING THEM TO THE ABMS BOARD OF DIRECTORS. NEW MEMBERS OF THE ABMS BOARD OF DIRECTORS ARE ELECTED BY A REPRESENTATIONAL SUPERMAJORITY VOTE OF THE EXISTING MEMBERS OF THE ABMS BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS ABMS RETAINED THE SERVICES OF AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM TO REVIEW FORM 990 AND ACCOMPANYING SCHEDULES. THE INDEPENDENT FIRM PRESENTS THE FORM 990 TO THE AUDIT COMMITTEE OF THE ABMS BOARD OF DIRECTORS THAT THEN APPROVES IT FOR PRESENTATION TO AND APPROVAL BY THE EXECUTIVE COMMITTEE OF THE ABMS BOARD OF DIRECTORS. AFTER APPROVAL BY THE EXECUTIVE COMMITTEE, A COMPLETE COPY OF FORM 990 IS PROVIDED TO THE ABMS BOARD OF DIRECTORS FOR FINAL APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C WRITTEN CONFLICT OF INTEREST POLICY THE ABMS CONFLICT OF INTEREST AND DUALITIES OF INTEREST POLICY COVERS ALL DIRECTORS, OFFICERS, COUNCIL MEMBERS, COMMITTEE MEMBERS, IDENTIFIED KEY AGENTS AND EMPLOYEES. ON AN ANNUAL BASIS, ALL COVERED INDIVIDUALS ARE REQUIRED TO DISCLOSE CONFLICTS AND DUALITIES OF INTEREST IN WRITING TO THE ABMS BOARD OF DIRECTORS. AT THE BEGINNING OF ALL ABMS BOARD OF DIRECTORS AND COMMITTEE MEETINGS, PARTICIPANTS ARE REQUIRED TO DISCLOSE ANY NEW OR ADDITIONAL CONFLICTS OF INTEREST AND DUALITIES OF INTEREST. THE MINUTES OF ALL ABMS BOARD OF DIRECTORS AND COMMITTEE MEETINGS CONTAIN THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE AN ACTUAL OR POTENTIAL CONFLICT OR DUALITY OF INTEREST, THE NATURE OF THE CONFLICT OR DUALITY OF INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OR DUALITY OF INTEREST WAS PRESENT, AND THE ABMS BOARD OF DIRECTORS OR COMMITTEE'S DETERMINATION AS TO WHETHER A CONFLICT OR DUALITY OR INTEREST IN FACT EXISTED. FORM 990, PART VI, SECTION B, LINE 15 PROCESS OF DETERMINING COMPENSATION FOR THE ABMS PRESIDENT AND CHIEF EXECUTIVE OFFICER'S COMPENSATION 1. COMPARABILITY DATA FROM SIMILAR NOT FOR PROFIT HEALTH CARE ORGANIZATIONS AND INSTITUTIONS IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE ABMS BOARD OF DIRECTORS. 2. MEMBERS OF THE EXECUTIVE COMMITTEE OF THE ABMS BOARD OF DIRECTORS, WHO ARE INDEPENDENT, SET THE COMPENSATION FOR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. FOR KEY EMPLOYEES COMPENSATION FOR KEY EMPLOYEES (AS DEFINED IN PART VII) OF ABMS IS SET BY THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. WHEN SETTING COMPENSATION, THE PRESIDENT AND CHIEF EXECUTIVE OFFICER TAKES INTO ACCOUNT COMPARABILITY DATA REGARDING COMPENSATION. THE COMPENSATION OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER AND KEY EMPLOYEES WAS LAST REVIEWED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS MADE AVAILABLE TO THE PUBLIC THE ARTICLES OF INCORPORATION ARE AVAILABLE THROUGH THE ILLINOIS SECRETARY OF STATE; THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. RELATED ORGANIZATION COMPENSATION THE COMPENSATION REPORTED IN PART VII IS THE COMPENSATION PAID BY ABMS FOR A FULL-TIME POSITION. HOWEVER, A PORTION OF THE VARIOUS INDIVIDUALS' TIME IS DEVOTED TO THE ABMS RESEARCH AND EDUCATION FOUNDATION (REF). ABMS IS REIMBURSED BY ABMS REF FOR THESE COSTS. ABMS HOLDING LLC 353 N CLARK ST SUITE 1400 CHICAGO IL 60654 274201101 CERTIFICATION AND DATA SERVICES IL 12865146 60091651 ABMS ABMS ASSESSMENT SERVICES LLC 353 N CLARK ST SUITE 1400 CHICAGO IL 60654 274201326 CERTIFICATION IL ABMS HOLDING LLC ABMS SOLUTIONS LLC 353 N CLARK ST SUITE 1400 CHICAGO IL 60654 453952583 DATA SERVICES IL ABMS HOLDING LLC ABMS STRATEGIES LLC 353 N CLARK ST SUITE 1400 CHICAGO IL 60654 932235674 CERTIFICATION IL ABMS HOLDING LLC ABMS RESEARCH AND EDUCATION FOUNDATION 353 N CLARK ST SUITE 1400 CHICAGO IL 60654 237304902 SUPPORTING IL 501(C)(3) LINE 12A, I ABMS 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 ABMS RESEARCH AND EDUCATION FOUNDATION D 4455164 FMV AMERICAN BOARD OF MEDICAL SPECIALTIES N 139690 FMV AMERICAN BOARD OF MEDICAL SPECIALTIES O 699107 FMV