NATIONAL BOARD OF MEDICAL EXAMINERS: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL BOARD OF MEDICAL EXAMINERS (EIN 23-1352238)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-07-09
- IRS object ID
- 202031919349302173
- Schema version
- 2019v5.0
- 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
- Form 990
- Schedule A
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-07-09T12:48:40-07:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231352238 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | National Board of Medical Examiners | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NATI | BusinessNameControlTxt |
| Phone | 2155909500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3750 Market Street | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Peter J Katsufrakis | PersonNm |
| Person Title | President & CEO | PersonTitleTxt |
| Signature | 2020-07-09 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2020-11-19 02:30:22Z | BuildTS |
Form 990 IRS990
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3750 Market Street | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191043102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $205,718,775 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.nbme.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1915 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | The mission of NBME is to protect the health of the public through state of the art assessment of health professionals. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 638 | TotalEmployeeCnt |
| Total Volunteers | 654 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $158,617,802 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $169,167,743 | CYProgramServiceRevenueAmt |
| PY Investment Income | $16,443,838 | PYInvestmentIncomeAmt |
| CY Investment Income | $11,126,292 | CYInvestmentIncomeAmt |
| PY Other Revenue | $374,626 | PYOtherRevenueAmt |
| CY Other Revenue | $411,127 | CYOtherRevenueAmt |
| PY Total Revenue | $175,436,266 | PYTotalRevenueAmt |
| CY Total Revenue | $180,705,162 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $499,019 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $640,676 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $86,367,521 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $89,749,769 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $85,487,016 | PYOtherExpensesAmt |
| CY Other Expenses | $87,224,842 | CYOtherExpensesAmt |
| PY Total Expenses | $172,353,556 | PYTotalExpensesAmt |
| CY Total Expenses | $177,615,287 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,082,710 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,089,875 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $337,351,702 | TotalAssetsBOYAmt |
| Total Assets EOY | $397,806,467 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $213,114,730 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $251,131,566 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $124,236,972 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $146,674,901 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The mission of the NBME is to protect the health of the public through state of the art assessment of health professionals. 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 instruments. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $98,578,062 | ExpenseAmt |
| Revenue | $118,642,758 | RevenueAmt |
| Desc | 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 the 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, and to demonstrate fundamental patient-centered skills, that are important in health and disease and that constitute the basis of safe and effective patient care.Note: The expenses reflected above do not include management and general expenses. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $16,224,158 | ExpenseAmt |
| Revenue | $35,018,574 | RevenueAmt |
| Desc | 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. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $14,571,178 | ExpenseAmt |
| Revenue | $12,263,216 | RevenueAmt |
| Desc | The Health Profession Services program provides comprehensive assessment, educational, consultative, and research services for healthcare organizations. During 2019, NBME's Health Profession Services worked with a variety of organizations to administer examinations for purposes of licensure, certification, maintenance of certification, evaluation of special competence, in-training, and self-assessment. These organizations included allied health professional associations, members of the American Board of Medical Specialties, and medical societies. Examinations are administered worldwide, where applicable.Note: The expenses reflected above do not include management and general expenses. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $11,603,724 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $493,886 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $3,243,195 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $140,977,122 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (true) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 525 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 638 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 0 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John J Hinke Jr | PersonNm |
| Phone | 2155909500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3750 Market Street | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191043102 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 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 |
|---|---|---|---|---|---|---|---|
| Peter J Katsufrakis | |||||||
| President & CEO | 45.00 | 0.00 | Yes (X) | Yes (X) | $664,285 | $0 | $264,578 |
| Stephen G Clyman | |||||||
| SVP, R&D | 45.00 | 0.00 | Yes (X) | $528,200 | $0 | $45,273 | |
| Craig N Mills | |||||||
| SVP, SD&D | 45.00 | 0.00 | Yes (X) | $444,531 | $0 | $92,042 | |
| Elizabeth D Azari | |||||||
| SVP, COO | 45.00 | 0.00 | Yes (X) | $362,146 | $0 | $119,828 | |
| Brian E Clauser | |||||||
| VP, Cen Adv Assmt | 45.00 | 0.00 | $337,729 | $0 | $138,316 | ||
| Shelley Z Green | |||||||
| General Counsel | 45.00 | 0.00 | Yes (X) | $303,340 | $0 | $144,569 | |
| Lisa M Rawding | |||||||
| SVP, Mktg & PM | 45.00 | 2.00 | Yes (X) | $332,733 | $0 | $112,940 | |
| John J Hinke Jr | |||||||
| CFO | 45.00 | 2.00 | Yes (X) | $312,465 | $0 | $128,908 | |
| Agata P Butler | |||||||
| VP, Academic & Prof Prgms | 45.00 | 2.00 | $276,275 | $0 | $162,600 | ||
| Margaret B Anderson | |||||||
| VP, Med Ed Global | 45.00 | 0.00 | $330,262 | $0 | $104,471 | ||
| Thomas A Rebbecchi | |||||||
| Medical Advisor | 45.00 | 2.00 | $335,260 | $0 | $96,145 | ||
| Michael A Barone | |||||||
| VP, Licensure Programs | 45.00 | 0.00 | $329,019 | $0 | $87,198 | ||
| Miguel Paniagua | |||||||
| Medical Advisor | 45.00 | 0.00 | $339,075 | $0 | $75,191 | ||
| Michael G Jodoin | |||||||
| VP, Psychometrics | 45.00 | 0.00 | $297,019 | $0 | $102,800 | ||
| Andrew F Farella | |||||||
| SVP & CIO | 45.00 | 0.00 | Yes (X) | $273,581 | $0 | $115,552 | |
| Kim E LeBlanc | |||||||
| Executive Director, CSEC | 45.00 | 0.00 | $288,149 | $0 | $96,577 | ||
| Kenneth W Ridgely | |||||||
| VP, Test Development Svcs | 45.00 | 0.00 | $247,714 | $0 | $67,436 | ||
| Susan A Deitch | |||||||
| Secretary | 45.00 | 0.00 | Yes (X) | $155,885 | $0 | $97,529 | |
| Sara R Valenzuela | |||||||
| VP, Test Development Svcs | 45.00 | 0.00 | $83,547 | $0 | $109 | ||
| Alfred F Tallia | |||||||
| Chair | 4.00 | 0.00 | Yes (X) | Yes (X) | $14,591 | $0 | $0 |
| Reena Karani | |||||||
| Director | 3.00 | 0.00 | Yes (X) | $6,350 | $0 | $0 | |
| Latha Chandran | |||||||
| Treasurer | 4.00 | 0.00 | Yes (X) | Yes (X) | $3,750 | $0 | $0 |
| Paul M Wallach | |||||||
| Vice Chair | 3.00 | 0.00 | Yes (X) | Yes (X) | $3,500 | $0 | $0 |
| Patricia M Mastors | |||||||
| Director | 3.00 | 0.00 | Yes (X) | $2,650 | $0 | $0 | |
| Lewis R First | |||||||
| Past Chair | 3.00 | 0.00 | Yes (X) | $2,522 | $0 | $0 | |
| Donna Elliot Mills | |||||||
| Director | 3.00 | 0.00 | Yes (X) | $2,450 | $0 | $0 | |
| Marie Foley | |||||||
| Director | 3.00 | 0.00 | Yes (X) | $1,900 | $0 | $0 | |
| Kamili A Wilson | |||||||
| Director | 3.00 | 0.00 | Yes (X) | $1,650 | $0 | $0 | |
| Nuno Sousa | |||||||
| Director | 3.00 | 0.00 | Yes (X) | $1,500 | $0 | $0 | |
| Janelle A Rhyne | |||||||
| Director | 3.00 | 0.00 | Yes (X) | $1,400 | $0 | $0 | |
| David A Milling | |||||||
| Director | 3.00 | 0.00 | Yes (X) | $1,000 | $0 | $0 | |
| Paul Cunningham | |||||||
| Director | 3.00 | 0.00 | Yes (X) | $1,000 | $0 | $0 | |
| Suzanne T Anderson | |||||||
| Past Chair | 4.00 | 0.00 | Yes (X) | Yes (X) | $407 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $6,285,885 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $2,052,062 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 246 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MissionStaff LLC | |||||
| 100 N 18th Street Suite 810 | Philadelphia | PA | 19103 | Employment Services | $926,262 |
| Beacon Hill Staffing Group LLC | |||||
| 152 Bowdoin Street | Boston | MA | 02108 | Employment Services | $739,418 |
| Perkins Coie LLP | |||||
| Client Accounting PO Box 24643 | Seattle | WA | 98124 | Legal Services | $726,239 |
| 44 New England Management Company | |||||
| Hotel on Rittenhouse Square 210 W | Philadelphia | PA | 19103 | Hotel Accommodations | $598,439 |
| Robert Michael Held | |||||
| 31-57 31st Street 412 | Long Island City | NY | 11106 | Consulting Services | $596,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 17 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| Health Prof Organizations | $12,263,216 | $12,263,216 |
| Medical School Services | $35,018,574 | $35,018,574 |
| Other | $3,243,195 | $3,243,195 |
| USMLE | $118,642,758 | $118,642,758 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $169,167,743 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,711,865 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,711,865 | RelatedOrExemptFuncIncomeAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $908,709 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $497,582 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $411,127 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $411,127 | TotalRevenueColumnAmt |
| Exclusion | $411,127 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $28,106,163 | SecuritiesAmt |
| Other | $1,824,295 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $23,552,789 | SecuritiesAmt |
| Other | $963,242 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,553,374 | SecuritiesAmt |
| Other | $861,053 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,414,427 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$97,308 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $5,511,735 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $180,705,162 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $174,782,300 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $5,922,862 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $531,372 | TotalAmt |
| Program Services | $531,372 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,304 | TotalAmt |
| Program Services | $109,304 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,646,537 | TotalAmt |
| Program Services | $1,897,626 | ProgramServicesAmt |
| Management And General | $2,748,911 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,290,169 | TotalAmt |
| Program Services | $41,382,516 | ProgramServicesAmt |
| Management And General | $12,907,653 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,713,032 | TotalAmt |
| Program Services | $13,497,330 | ProgramServicesAmt |
| Management And General | $4,215,702 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,191,423 | TotalAmt |
| Program Services | $7,478,693 | ProgramServicesAmt |
| Management And General | $1,712,730 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,908,608 | TotalAmt |
| Program Services | $3,266,755 | ProgramServicesAmt |
| Management And General | $641,853 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,419,704 | TotalAmt |
| Program Services | $1,200,767 | ProgramServicesAmt |
| Management And General | $218,937 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,800 | TotalAmt |
| Management And General | $97,800 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $307,052 | TotalAmt |
| Management And General | $307,052 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,987,954 | TotalAmt |
| Program Services | $7,111,644 | ProgramServicesAmt |
| Management And General | $876,310 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $432,149 | TotalAmt |
| Program Services | $151,445 | ProgramServicesAmt |
| Management And General | $280,704 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,094,673 | TotalAmt |
| Program Services | $836,533 | ProgramServicesAmt |
| Management And General | $258,140 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,971,041 | TotalAmt |
| Program Services | $878,824 | ProgramServicesAmt |
| Management And General | $8,092,217 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,387,848 | TotalAmt |
| Program Services | $1,109,345 | ProgramServicesAmt |
| Management And General | $278,503 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $553,796 | TotalAmt |
| Program Services | $303,642 | ProgramServicesAmt |
| Management And General | $250,154 | ManagementAndGeneralAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,581,696 | TotalAmt |
| Program Services | $2,833,897 | ProgramServicesAmt |
| Management And General | $747,799 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $815,879 | TotalAmt |
| Program Services | $629,859 | ProgramServicesAmt |
| Management And General | $186,020 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,321,301 | TotalAmt |
| Program Services | $4,560,076 | ProgramServicesAmt |
| Management And General | $761,225 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $542,583 | TotalAmt |
| Program Services | $456,747 | ProgramServicesAmt |
| Management And General | $85,836 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Vendor Computer Delivery Fees | $25,441,407 | $25,441,407 | |
| Clinical Skills Collaboration | $24,055,530 | $24,055,530 | |
| Temporary Resources | $2,305,300 | $855,814 | $1,449,486 |
| Credit Card Fees | $2,075,798 | $2,075,798 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $833,331 | TotalAmt |
| Program Services | $312,198 | ProgramServicesAmt |
| Management And General | $521,133 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $177,615,287 | TotalAmt |
| Program Services | $140,977,122 | ProgramServicesAmt |
| Management And General | $36,638,165 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,499,308 | BOYAmt |
| EOY | $14,227,046 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,997,616 | BOYAmt |
| EOY | $6,520,024 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,281,673 | BOYAmt |
| EOY | $3,089,655 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $125,329,103 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $62,730,416 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,039,284 | BOYAmt |
| EOY | $62,598,687 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $240,475,956 | BOYAmt |
| EOY | $288,980,210 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,425,475 | BOYAmt |
| EOY | $13,874,551 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,632,390 | BOYAmt |
| EOY | $8,516,294 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $337,351,702 | BOYAmt |
| EOY | $397,806,467 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,333,282 | BOYAmt |
| EOY | $14,559,111 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,223,908 | BOYAmt |
| EOY | $52,864,090 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,769,600 | BOYAmt |
| EOY | $32,033,913 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,787,940 | BOYAmt |
| EOY | $151,674,452 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $213,114,730 | BOYAmt |
| EOY | $251,131,566 | 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 | $124,236,972 | BOYAmt |
| EOY | $146,674,901 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $124,236,972 | BOYAmt |
| EOY | $146,674,901 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $337,351,702 | BOYAmt |
| EOY | $397,806,467 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,089,875 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $44,152,184 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$24,804,130 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $142,002,705 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $151,101,701 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $153,939,975 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $158,617,802 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $169,167,744 | CurrentTaxYearAmt |
| Total | $774,829,927 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $142,002,705 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $151,101,701 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $153,939,975 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $158,617,802 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $169,167,744 | CurrentTaxYearAmt |
| Total | $774,829,927 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $774,829,927 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,205,996 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,051,262 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,571,824 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,087,215 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,620,573 | CurrentTaxYearAmt |
| Total | $33,536,870 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,205,996 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,051,262 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,571,824 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,087,215 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,620,573 | CurrentTaxYearAmt |
| Total | $33,536,870 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $148,208,701 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $157,152,963 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $160,511,799 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $166,705,017 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $175,788,317 | CurrentTaxYearAmt |
| Total | $808,366,797 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.95850 | PublicSupportCY509Pct |
| Public Support PY509 | 0.95800 | PublicSupportPY509Pct |
| Investment Income CY | 0.04150 | InvestmentIncomeCYPct |
| Investment Income PY | 0.04200 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $30,617,040 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $6,914,072 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $456,385 | GrantsOrScholarshipsAmt |
| Other Expenditures | $677,792 | OtherExpendituresAmt |
| End Year Balance | $36,396,935 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $33,673,294 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$2,185,451 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $295,899 | GrantsOrScholarshipsAmt |
| Other Expenditures | $574,904 | OtherExpendituresAmt |
| End Year Balance | $30,617,040 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,901,457 | BeginningYearBalanceAmt |
| Contributions | $20,000,000 | ContributionsAmt |
| Investment Earnings Or Losses | $5,187,319 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $351,478 | GrantsOrScholarshipsAmt |
| Other Expenditures | $64,004 | OtherExpendituresAmt |
| End Year Balance | $33,673,294 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,480,397 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $718,605 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $297,545 | GrantsOrScholarshipsAmt |
| End Year Balance | $8,901,457 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,164,928 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$161,949 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $522,582 | GrantsOrScholarshipsAmt |
| End Year Balance | $8,480,397 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | false | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,992,585 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $1,228,893 | OtherCostOrOtherBasisAmt |
| Book Value | $3,221,478 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $9,413,309 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $75,781,983 | OtherCostOrOtherBasisAmt |
| Depreciation | $33,952,308 | DepreciationAmt |
| Book Value | $51,242,984 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,437,668 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,116,760 | DepreciationAmt |
| Book Value | $2,320,908 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $28,474,665 | OtherCostOrOtherBasisAmt |
| Depreciation | $22,661,348 | DepreciationAmt |
| Book Value | $5,813,317 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $62,598,687 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| Accrued Pension Cost | $144,756,794 |
| Collaboration Payable | $559,083 |
| Deferred Compensation Plans | $5,649,419 |
| Finance Lease Obligation | $169,399 |
| Post-retirement Health Benefits Payable | $539,757 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $151,674,452 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: Intended uses of the endowment fund. | THE EDWARD J. STEMMLER, MD MEDICAL EDUCATION RESEARCH FUNDIn 1995, the NBME established the Edward J. Stemmler, MD Medical Education Research Fund. The Fund makes grants to support research in topics relevant to the mission of the NBME. The initial sum of $5,000,000 was invested and professionally managed with the goal of maintaining the corpus of the Fund over time while providing total annual grants up to 5% of the trailing three-year average of the fund balance. As with all NBME invested funds, the Finance Committee monitors performance and recommends to the Executive Board any changes to the principal balance of the Fund.THE STRATEGIC EDUCATOR ENHANCEMENT FUNDIn 2017, NBME established the Strategic Educator Enhancement Fund to foster professional development for its community of volunteers and other stakeholders. The initial amount of $20,000,000 was designated within NBMEs investments as a quasi-endowment fund. The maximum annual authorized disbursement from the quasi-endowment fund for 2017 through 2019 is an average of $600,000 per year. Beginning in 2020, the maximum annual disbursement in any year will be equal to 5% of the average of the trailing three-years ending balance of the investments. |
| Part X : FIN48 Footnote | NBME qualifies as a tax-exempt organization under the provisions of the Internal Revenue Code (IRC). Accordingly, there is no provision for income taxes reflected in the accompanying consolidated financial statements. However, NBME is subject to federal unrelated business income tax which is taxed at corporate income tax rates.Effective January 1, 2018, the Tax Cuts and Jobs Act of 2017 (TCJA) subjected amounts paid or incurred by employers to provide qualified transportation fringe benefits to employees to unrelated business income tax. These provisions were subsequently repealed on December 20, 2019 with retroactive effect to the date of its enactment.In accordance with the provisions of the TCJA in effect as of December 31, 2018, NBME reversed the beginning-of-the-year deferred tax asset reserve of $307,000 and recognized a $110,000 unrelated business income tax charge associated with unrelated business taxable income (UBTI) of $525,000 for the year ended December 31, 2018. As a result, NBME had net operating loss carryforwards of $939,000 and a related deferred tax asset of $197,000 as of December 31, 2018. The deferred tax asset is included in other assets in the Consolidated Statements of Financial Position.For the year ended December 31, 2019, in conjunction with the retroactive repeal of the unrelated business income tax provisions of the TCJA, NBME reversed the UBTI recognized and the associated unrelated business income tax charge incurred in the prior year. As a result, NBME has net operating loss carryforwards of $1,464,000, which expire between December 31, 2028 and 2036, and a related deferred tax asset of $307,000 as of December 31, 2019. The deferred tax asset is fully reserved due to the uncertainty of the realization of the losses. NBME has no uncertain tax positions and there are no accruals for interest or penalties in the accompanying consolidated financial statements. Management believes that NBME is no longer subject to income tax examinations for years ended on or prior to December 31, 2015. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe | 0 | 0 | Program Services | See Part V | $85,345 |
| North America | 0 | 0 | Program Services | See Part V | $57,003 |
| East Asia/Pacific | 0 | 0 | Program Services | See Part V | $2,343 |
| South America | 0 | 0 | Program Services | See Part V | $16,859 |
| Cent Amer/Caribbean | 0 | 0 | Program Services | See Part V | $6,620 |
| Sub-Saharan Africa | 0 | 0 | Program Services | See Part V | $1,918 |
| Russia and Neighboring States | 0 | 0 | Program Services | See Part V | $1,270 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $171,358 | SubtotalSpentAmt |
| Total Spent | $171,358 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (4 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|
| North America | See part V | $43,804 | Wire | Cash |
| North America | See Part V | $12,500 | Wire | Cash |
| North America | See Part V | $12,500 | Wire | Cash |
| North America | See Part V | $12,500 | Wire | Cash |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 4 | TotalOtherOrgCnt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | Sponsorship | TypeOfAssistanceTxt |
| Region | Europe | RegionTxt |
| Recipient | 1 | RecipientCnt |
| Cash Grant | $28,000 | CashGrantAmt |
| Manner Of Cash Disbursement | Wire | MannerOfCashDisbursementTxt |
| Valuation Method Used | Cash | ValuationMethodUsedDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | Yes (true) | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| Cincinnati Childrens Hosp | ||||||||
| 3333 Burnet Avenue | Cincinnati | OH | 45229 | 310833936 | 501(c)(3) | $83,285 | $0 | Grant - See Part IV |
| Northwestern University | ||||||||
| 633 Clark Street | Evanston | IL | 60208 | 362167817 | 501(c)(3) | $92,746 | $0 | Grant - See Part IV |
| Phila County Medical Society | ||||||||
| 2100 Spring Garden Street | Philadelphia | PA | 19130 | 230969360 | 501(c)(6) | $10,000 | $0 | Contribution - See Part IV |
| Rutgers Robert Wood Medical | ||||||||
| 125 Patterson Street | New Brunswick | NJ | 08903 | 226001086 | 501(c)(3) | $40,000 | $0 | Contribution-See Part IV |
| Stony Brook Foundation | ||||||||
| 230 Administration SB Univ | Stony Brook | NY | 11794 | 116077945 | 501(c)(3) | $7,000 | $0 | Contribution - See Part IV |
| Uniformed Services University | ||||||||
| 4301 Jones Bridge Road | Bethesda | MD | 20814 | 311575142 | 501(c)(3) | $79,506 | $0 | Grant -See Part IV |
| Univ City District | ||||||||
| 3940-42 Chestnut Street | Philadelphia | PA | 19104 | 232913784 | 501(c)(3) | $58,990 | $0 | Contribution-See Part IV |
| University of Illinois | ||||||||
| 28395 Network Place | Chicago | IL | 60673 | 376000511 | 501(c)(3) | $104,776 | $0 | Grant - See Part IV |
| University of Michigan | ||||||||
| 420 Administration Building | Ann Arbor | MI | 48104 | 386006309 | 501(c)(3) | $75,178 | $0 | Grant -See Part IV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 8 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Additional Supplemental Information | Form 990, Schedule I, Part II, Line 1a - GrantsEach school is listed with the approved grant as follows:1. The University of Michigan Medical School Proposal #1718-1257, "Using Learning Curves to Redefine Training Requirements in General Surgery"2. Uniformed Services University of Health Sciences F. Edward Herbert School of Medicine Proposal #1718-1224, "A Randomized Trial of a Self-Regulated Learning Microanalytic Intervention to Improve Examination Performance in At-Risk Internal Medicine Clerkship Students"3. Cincinnati Childrens Hospital Proposal #1819-2511, "Assessing Residents Clinical Performance Using Resident-Sensitive Quality Measures"4. Northwestern University Feinberg School of Medicine Proposal #1819-2523, "Using Natural Language Processing to Unleash the Potential of Narrative Data to Assess a Students Readiness to Progress in a Competency-Based Curriculum"5. University of Illinois at Chicago College of Medicine Proposal #1819-2576, Standardized Patient Assessment of Communication Skills: A standardized examinee audit study of gendered and racial differencesNote that the Children's Hospital of Los Angeles' reimbursement of unused funds of $22,908 is not listed on the schedule in Part II.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 Executive Board Chair and Treasurer the option of contributing their honoraria to their respective places of employment. The total amount of contributions made in 2019 was $118,790. |
| Grantmaker's Description of How Grants are Used | THE EDWARD J. STEMMLER, MD MEDICAL EDUCATION RESEARCH FUND OF THE NATIONAL BOARD OF MEDICAL EXAMINERS (NBME)The purpose of the Stemmler Fund 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. Also see description of Stemmler Fund in Schedule D, Part V, Line 4 Intended Uses of Endowment Fund. The eligible applicants for Stemmler Fund grant awards are the medical schools accredited by the LCME or the AOA, and the number of Letters of Intent submitted by any eligible school is not limited. The Stemmler Fund Committee evaluates each application on the extent to which the proposed research is innovative or will advance assessment in medical education or practice, and will address an important problem or issue in medical education or practice. The Committee selects a subset of applications and invites them to submit full proposals. Peer reviewers with expertise in measurement, research design and methodology evaluate invited proposals on the relevance and significance of the proposal to the purpose and goals of the Stemmler Fund, the adequacy of the research design or methodology, and the qualifications of the principal investigator and project staff. The Stemmler Fund Committee reviews all proposals and peer reviews, also considering the budget, timetable, and other key project resources in each proposal, and selects awardees. Grant recipients are required to submit an interim and final report which includes a final project narrative and a final project fiscal report. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount |
|---|---|---|---|---|---|---|
| Agata P Butler | ||||||
| VP, Academic & Prof Prgms | $275,903 | $372 | $138,635 | $23,965 | $438,875 | |
| Andrew F Farella | ||||||
| SVP & CIO | $275,000 | -$1,419 | $86,981 | $28,571 | $389,133 | |
| Brian E Clauser | ||||||
| VP, Cen Adv Assmt | $299,280 | $36,460 | $114,287 | $24,029 | $476,045 | $1,989 |
| Craig N Mills | ||||||
| SVP, SD&D | $404,694 | $39,837 | $68,192 | $23,850 | $536,573 | |
| Elizabeth D Azari | ||||||
| SVP, COO | $328,745 | $33,401 | $95,864 | $23,964 | $481,974 | |
| John J Hinke Jr | ||||||
| CFO | $300,060 | $12,405 | $99,126 | $29,782 | $441,373 | |
| Kenneth W Ridgely | ||||||
| VP, Test Development Svcs | $241,154 | -$3,440 | $42,674 | $24,762 | $315,150 | $10,000 |
| Kim E LeBlanc | ||||||
| Executive Director, CSEC | $245,071 | $43,078 | $85,051 | $11,526 | $384,726 | |
| Lisa M Rawding | ||||||
| SVP, Mktg & PM | $329,840 | $2,893 | $102,266 | $10,674 | $445,673 | |
| Margaret B Anderson | ||||||
| VP, Med Ed Global | $308,726 | $21,536 | $93,180 | $11,291 | $434,733 | |
| Michael A Barone | ||||||
| VP, Licensure Programs | $334,047 | -$5,028 | $57,506 | $29,692 | $416,217 | |
| Michael G Jodoin | ||||||
| VP, Psychometrics | $301,693 | -$4,674 | $74,053 | $28,747 | $399,819 | |
| Miguel Paniagua | ||||||
| Medical Advisor | $334,161 | $4,914 | $45,499 | $29,692 | $414,266 | |
| Peter J Katsufrakis | ||||||
| President & CEO | $650,000 | $14,285 | $253,354 | $11,224 | $928,863 | |
| Shelley Z Green | ||||||
| General Counsel | $279,469 | $23,871 | $122,505 | $22,064 | $447,909 | |
| Stephen G Clyman | ||||||
| SVP, R&D | $161,839 | $366,361 | $15,573 | $29,700 | $573,473 | |
| Susan A Deitch | ||||||
| Secretary | $145,876 | $10,009 | $86,447 | $11,082 | $253,414 | |
| Thomas A Rebbecchi | ||||||
| Medical Advisor | $326,038 | $9,222 | $66,335 | $29,810 | $431,405 | |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a: Relevant information in regards to selections on 1a. | First Class Travel and Travel for CompanionsNBME'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.Tax Indemnification and Gross-Up PaymentsNBME provides supplemental non-qualified retirement benefits to certain employees under the Supplemental Executive Retirement Plan (SERP) and Highly Compensated Employee Program (HCE) that are partially grossed-up for federal, state, and local income taxes. In 2019, 25% of the value of the SERP and HCE benefit provided to eligible employees was grossed-up. Therefore, the amount reflected on the employees W-2 includes taxes remitted by NBME for taxes on the employees behalf. See Schedule J, Part 1, line 4 for description of the SERP and the HCE. |
| 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 the NBMEs defined benefit plan for each employee. 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 Exective Deferred Compensation Plan. 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. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Phila Auth for Ind Dev | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 232237287 | BondIssuerEIN |
| CUSIP | 71781XBU6 | CUSIPNum |
| Bond Issued | 2016-08-17 | BondIssuedDt |
| Issue Price | $38,013,614 | IssuePriceAmt |
| Purpose | Refunding of 08/2008 Bonds | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $3,610,000 | RetiredAmt |
| Total Proceeds | $38,399,627 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $523,810 | IssuanceCostsFromProceedsAmt |
| Other Spent Proceeds | $37,875,817 | OtherSpentProceedsAmt |
| Refunding Tax Exempt Bonds | false | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | Yes (true) | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (true) | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Regulatory Safe Harbor Stsfd | false | RegulatorySafeHarborStsfdInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part VI | FormAndLineReferenceDesc |
| Explanation | 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 IV, Line 2, Column A - ArbitrageArbitrage calculation is due in August 2021. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (14 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Client Note 1 | Client 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 Executive Board. |
| Form 990, Part III, Line 4d: Other Program Services Description | OTHER PROGRAM SERVICES 4: The Post-Licensure Assessment System (PLAS) is a joint activity of the 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 thousands of physicians over the past decade for reasons that range from endorsement of licensure to license reactivation after disciplinary action.Solution Design and Delivery units include the Office of Research and the Center for Advanced Assessment. The Office of Research supports the NBMEs research enterprise by coordinating the NBMEs research efforts across the organization and ensuring that the 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 our clients and developing new testing methods for clients. 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 Center for Advanced Assessment (CAA) 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 the NBME to expand its range of assessments both geographically and across the health professions. In addition to this work, the CAA provides non-routine technical support to other organizational divisions and subunits and conducts research to contribute to the field of measurement.In aggregate, these units deliver 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.The North American Veterinary Licensing Examination (NAVLE), co-sponsored and co-owned by the International Council for Veterinary Assessment (ICVA) and the NBME, is a requirement for licensure to practice veterinary medicine in all licensing jurisdictions in North America. From 1998 until 2014, NAVLE development was governed by a series of contracts between the ICVA and the NBME. In February 2014, the ICVA entered into a collaborative relationship with the NBME with regard to the NAVLE. Under the collaboration, the NAVLE is overseen by the Collaboration for Veterinary Assessments (CVA) Governance Committee, comprising members appointed by the ICVA and the NBME. The purpose of the collaboration is to increase efficiency and facilitate NAVLE enhancements, drawing on the best of both organizations. In December 2019, ICVA notified NBME of its desire to terminate the collaborative arrangement in 2020. Both parties are working on the terms of a new multi-year agreement for NBME to provide assessment services to ICVA.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. OTHER PROGRAM SERVICES 5: NBME's Global Programs unit provides students, graduate physicians, medical schools, and regulatory agencies with valid and reliable information regarding individual knowledge and overall curriculum effectiveness. The International Foundations of Medicine (IFOM) examinations represent a key component of NBME Global Programs. The Clinical Science Examination (CSE) covers the core of clinical knowledge in medicine, surgery, pediatrics, obstetrics and gynecology, and psychiatry expected of students in the final year of undergraduate medical education. The Basic Science Examination (BSE) incorporates the common core of knowledge expected of students who have completed the preclinical curriculum and are about to begin study of clinical medicine. The NBME Global Programs unit also offers a portfolio of consultative, faculty and institutional development, and assessment programs in the international undergraduate medical education, certification and licensure, and graduate medical education environments. Consultative services often include an on-site evaluation of the overall assessment capability for medical schools. The Global Programs unit is also involved in various research projects related to the validity and reliability of various assessment tools. |
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | The members of the NBME are responsible for electing its board of directors, the Executive Board, recommending policy for the organization proposed to the Executive Board, receiving reports on the annual budget, and approving amendments to the by-laws of the organization. The members of the NBME include its Executive Board, up to twenty-two representatives of the test committees, twenty-two representative members nominated by key constituent medical organizations, elected members-at-large including members of the public, and honorary members. The members of the NBME meet annually. The officers and members of the Executive Board, elected by the NBME membership, meet four or five times a year. |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | See Schedule O - Form 990, Part VI, line 6. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | See Schedule O - Form 990, Part VI, line 6. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | 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 Executive Board and Audit Committee members prior to filing the return with the IRS. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | The NBME has a written Conflict of Interest Policy for its members as well as a Fiduciary Duty and Conflict of Interest Statement for its Officers, Key Employees and Executive Board Members. These individuals are required to review and sign the applicable policy annually. Submission of completed statements by Officers, Key Employees, and Executive Board 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, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | Periodically, typically every three years, a Compensation Survey of Peer Organizations is conducted by an outside independent compensation consulting firm. The recommendations resulting from the survey are reviewed by NBME Human Resources and the Compensation Subcommittee of the NBME Executive Board. Officer employees and Key Employee compensation is reviewed and confirmed annually by the Compensation Subcommittee. Payments to non-employee officers are reviewed and approved by the Executive Board with interested officers recused. In setting CEO compensation, the Compensation Subcommittee uses the Compensation Survey of Peer Organizations and the results of the detailed annual CEO Evaluation of performance report from the CEO Evaluation Subcommittee of the Executive Board. The CEO compensation is set and approved by the Compensation Subcommittee of the Executive Board which then reports to the Executive Board that it has reviewed the relevant information and made a decision. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | NBME governing documents, Conflict of Interest Policy, and financial statements are available upon request to the NBME Secretary of the Board. |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | NBHWC Equity Pickup = -$210230 |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | Pension-related Changes other than Net Periodic Pension Cost = -$24460180 |
| Other Changes In Net Assets Or Fund Balances - Other Increases | Post-retirement Plan Health Benefits Payable Adjustment = $148254 |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | Settlements = -$84739 |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | Unrelated Business Income Tax = -$197235 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NBHWC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 16307 | AddressLine1Txt |
| City | San Diego | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92176 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 815064011 | EIN |
| Primary Activities | Health & Wellness Coaching | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(6) | ExemptCodeSectionTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Computer-Based Testing & Learning Corp | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3750 Market Street | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232447706 | EIN |
| Primary Activities | Comp-based Testing | PrimaryActivitiesTxt |
| Legal Domicile State | PA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NBME | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C Corp | EntityTypeTxt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| NBHWC | ||
| b | $391,282 | Cash |
| NBHWC | ||
| l | $52,383 | Cash |