STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

AMERICAN BOARD OF MEDICAL SPECIALTIES: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
AMERICAN BOARD OF MEDICAL SPECIALTIES (EIN 41-0847713)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-11-09
IRS object ID
201603149349300835
Schema version
2015v2.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2016-11-09T14:55:44-06:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN381357951PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PLANTE & MORAN PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110 S Riverside Plaza 9th FloorAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN410847713EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN BOARD OF MEDICAL SPECIALTIESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAMERBusinessNameControlTxt
Phone3124362600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1353 NORTH CLARK STREET No 1400AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60654ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLois Margaret Nora MD JD MBAPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone3124362600PhoneNum
Signature2016-10-31SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLu Ann TrappPreparerPersonNm
PTINP01506476PTIN
Phone3122071040PhoneNum
Preparation2016-10-31PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLois Margaret Nora MD JPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1353 NORTH CLARK STREET No 1400AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60654ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$18,216,786GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.ABMS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1935FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionThe mission of the American Board of Medical Specialties (ABMS) is to serve the public and the medical profession by improving the quality of health care through setting professional standards for lifelong certification in partnership with Member Boards.ActivityOrMissionDesc
Voting Members Governing Body33VotingMembersGoverningBodyCnt
Voting Members Independent32VotingMembersIndependentCnt
Total Employee81TotalEmployeeCnt
Total Volunteers153TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$18,128,145PYProgramServiceRevenueAmt
CY Program Service Revenue$17,881,794CYProgramServiceRevenueAmt
PY Investment Income$430,771PYInvestmentIncomeAmt
CY Investment Income$334,992CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$18,558,916PYTotalRevenueAmt
CY Total Revenue$18,216,786CYTotalRevenueAmt
PY Grants And Similar Paid$1,338,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$8,434,066PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$9,329,607CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$8,723,487PYOtherExpensesAmt
CY Other Expenses$8,598,369CYOtherExpensesAmt
PY Total Expenses$18,495,553PYTotalExpensesAmt
CY Total Expenses$17,927,976CYTotalExpensesAmt
PY Revenues Less Expenses$63,363PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$288,810CYRevenuesLessExpensesAmt
Total Assets BOY$22,460,249TotalAssetsBOYAmt
Total Assets EOY$22,762,759TotalAssetsEOYAmt
Total Liabilities BOY$5,717,108TotalLiabilitiesBOYAmt
Total Liabilities EOY$6,087,245TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$16,743,141NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$16,675,514NetAssetsOrFundBalancesEOYAmt
MissionThe mission of the American Board of Medical Specialties (ABMS) is to serve the public and the medical profession by improving the quality of health care through setting professional standards for lifelong certification in partnership with Member Boards.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescABMS is a leader in setting standards for Board Certification and Maintenance of Certification across 122 medical specialties and subspecialties. ABMS assists its 24 Member Boards in their efforts to develop and implement educational and professional standards for the evaluation, assessment and certification of physician specialists. In the US, ABMS Member Boards certify more than 800,000 physicians and scientists. ABMS and its Subsidiary, ABMS Singapore LLC (ABMS-S) jointly develop and maintain physician assessment for medical specialists practicing in Singapore.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescABMS communicates information about Board Certification, Maintenance of Certification, and their related Standards to Member Boards, Physician Diplomates, medical professionals, organizations and the general public. These communications address the value of ABMS Board Certification as a structured professional development framework for physicians and as a marker of trust for the patients and the public. CertificationMatters.org, an ABMS website, also provides information about board certification. Anyone can access this site to determine if a physician is board-certified by an ABMS member board.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescABMS DIRECTLY, AND THROUGH ITS SUBSIDIARY, ABMS SOLUTIONS, LLC, DEVELOPS AND PROVIDES PRODUCTS AND SERVICES FOR VERIFYING THE BOARD CERTIFICATION AND MAINTENANCE OF CERTIFICATION (MOC) OF PHYSICIANS IN THE UNITED STATES TO A VARIETY OF ORGANIZATIONS. ADDITIONALLY, CertificationMatters.org, an ABMS website, can be used free of charge by the public to use these services to verify physician certification by an ABMS member board.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document43IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee81EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri DisclYes (1)NondeductibleContriDisclInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members33GoverningBodyVotingMembersCnt
Independent Voting Member32IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Jennifer FronekBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3124362694PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1353 NORTH CLARK STREET STE 1400AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60654ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Valerie M Parisi MD MPH MBA
Chair4.001.00Yes (X)Yes (X)$12,500$0$0
John C Moorhead MD MS FACEP
Chair Elect4.000.50Yes (X)Yes (X)$25,000$0$0
Robert H Miller MD
Secretary-Treasurer4.000.50Yes (X)Yes (X)$12,500$0$0
Thomas E Norris MD FAAFP DABFM
Immediate Past Chair4.001.00Yes (X)Yes (X)$0$0$0
Lois Margaret Nora MD JD MBA
President & Chief Executive Officer46.004.00Yes (X)Yes (X)$727,960$0$46,094
Miriam G Blitzer PhD
Member1.000.10Yes (X)$0$0$0
Jo Buyske MD
Member1.000.10Yes (X)$0$0$0
Michael L Carius MD
Member1.000.10Yes (X)$0$0$0
John G Clarkson MD
Member1.000.10Yes (X)$0$0$0
Daniel J Cole MD
Member1.000.10Yes (X)$0$0$0
Joanna R Fair MD PhD
Member1.000.10Yes (X)$0$0$0
Bruce Gantz MD
Member1.000.10Yes (X)$0$0$0
Larry C Gilstrap III MD
Member1.000.10Yes (X)$0$0$0
Larry A Green MD
Member1.000.10Yes (X)$0$0$0
Anne-Marie Irani MD
Member1.000.10Yes (X)$0$0$0
Valerie P Jackson MD
Member1.000.10Yes (X)$0$0$0
Rebecca L Johnson MD
Member1.000.10Yes (X)$0$0$0
Gerald H Jordan MD
Member1.000.10Yes (X)$0$0$0
Denece O Kesler MD MPH
Member1.000.10Yes (X)$0$0$0
Lynn O Langdon MS
Member1.000.10Yes (X)$0$0$0
Gail A McGuinness MD
Member1.000.10Yes (X)$0$0$0
Walter H Merrill MD
Member1.000.10Yes (X)$0$0$0
R Barrett Noone MD
Member1.000.10Yes (X)$0$0$0
Tae Sung Park MD
Member1.000.10Yes (X)$0$0$0
Terrance D Peabody MD
Member1.000.10Yes (X)$0$0$0
Randall K Roenigk MD
Member1.000.10Yes (X)$0$0$0
Barbara S Schneidman MD MPH
Member1.000.10Yes (X)$0$0$0
David J Schoetz Jr MD
Member1.000.10Yes (X)$0$0$0
Barry S Smith MD
Member1.000.10Yes (X)$0$0$0
Pamela J Boyers MA PhD
Member1.000.10Yes (X)$0$0$0
Susan Dentzer
Member1.000.10Yes (X)$0$0$0
Thomas W Hess JD
Member1.000.10Yes (X)$0$0$0
Eve Kurtin PharmD MBA
Member1.000.10Yes (X)$0$0$0
James G Lifton MBA
Member1.000.10Yes (X)$0$0$0
Laura Skarnulis
COO46.004.00Yes (X)$314,771$0$50,435
Yolanda Daniel
CFO (6 months)46.004.00Yes (X)$160,160$0$7,446
Jennifer Fronek
VP of Finance (3 months)46.004.00Yes (X)$40,488$0$6,798
Mira Irons
SVP Academic Affairs46.004.00$335,183$0$42,623Yes (X)
Kathleen Ruff
Chief of Staff46.004.00$281,510$0$35,769Yes (X)
John Mandelbaum
Chief Legal Officer46.004.00$247,630$0$46,090Yes (X)
Thomas Granatir
SVP Policy & Ext. Relations46.004.00$234,846$0$45,028Yes (X)
Jennifer Michael
Chief Information Officer46.004.00$201,628$0$30,278Yes (X)
Krista Allbee
VP International Programs46.004.00$193,697$0$31,817Yes (X)
David Swanson
VP Academic Programs And Services46.004.00$292,683$0$29,678Yes (X)
David Price
SVP ABMS REF, Exec. Director. MSPAPO4.0046.00$230,988$0$30,991Yes (X)
Richard Waters
VP Marketing & Communications46.004.00$197,000$0$15,451Yes (X)
Carol Clothier
VP State Health Policy & Public Affairs46.004.00$188,091$0$27,054Yes (X)
Nicholas Smith
VP Strategic Implementation46.004.00$188,030$0$21,091Yes (X)
Stephen Miller
FORMER CEO0.000.00$196,898$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,081,563TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$466,643TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K23IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
PRICEWATERHOUSECOOPERS LLP
PO Box 75647ChicagoIL60675Management Consulting$922,479
PUBLIC COMMUNICATION INC
One E Wacker DriveChicagoIL60601PR Services$446,705
NCS PEARSON INC
13036 Collection Center DriveChicagoIL60693Computer Consulting$278,484
AMERICAN BOARD OF OB & GYNE
2915 Vine StreetDallasTX75204Test Development Subcontracting$261,376
AMERICAN BOARD OF SURGERY
16147 John F Kennedy BlvdPhiladelphiaPA19103Test Development Subcontracting$231,875
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K10CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
Dues900099$7,314,255$7,314,255
International Certification Reven900099$4,452,522$4,452,522
Subscriptions900099$3,825,436$3,825,436
License Fees900099$2,289,581$2,289,581
FieldValueIRS element (for citing)
Total Program Service Revenue$17,881,794TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$334,992TotalRevenueColumnAmt
Exclusion$334,992ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$18,216,786TotalRevenueColumnAmt
Related Or Exempt Func Income$11,766,777RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$6,450,009ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,912,645TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,932,652TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$382,710TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$618,489TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$483,111TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$164,538TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$75,180TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$15,000TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$58,908TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,259,286TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$575,722TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$297,288TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$531,177TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$840,003TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$516,901TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,477,637TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$234,946TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$193,585TotalAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmt
Taxes$335,853
REcruitment$22,345

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$17,927,976TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,130,933BOYAmt
EOY$4,144,791EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,848,147BOYAmt
EOY$2,284,668EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$471,977BOYAmt
EOY$318,341EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,848,126LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,091,988LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$929,875BOYAmt
EOY$756,138EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$11,643,339BOYAmt
EOY$11,873,995EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,435,978BOYAmt
EOY$3,384,826EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$22,460,249BOYAmt
EOY$22,762,759EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,329,264BOYAmt
EOY$2,701,797EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,147,757BOYAmt
EOY$2,192,233EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,240,087BOYAmt
EOY$1,193,215EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,717,108BOYAmt
EOY$6,087,245EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$16,743,141BOYAmt
EOY$16,675,514EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$16,743,141BOYAmt
EOY$16,675,514EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$22,460,249BOYAmt
EOY$22,762,759EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$288,810ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$356,437NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior YearYes (1)AgreeCarryoverPriorYearInd
Dues Assessments$7,238,000DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$15,000NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov$5,694NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot$20,694NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$60,799AggregateReportedDuesNtcAmt
Taxable-$40,105TaxableAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$500,856OtherCostOrOtherBasisAmt
Depreciation$66,339DepreciationAmt
Book Value$434,517BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,347,270OtherCostOrOtherBasisAmt
Depreciation$2,025,649DepreciationAmt
Book Value$321,621BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$756,138TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
Due from related affiliate$2,134,304
Deferred Compensation plan assets$449,930
security deposit$3,756
Goodwill$796,836
FieldValueIRS element (for citing)
Total Book Value Other Assets$3,384,826TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
Deferred Compensation plan$449,929
Deferred Rent$743,286
FieldValueIRS element (for citing)
Total Liability$1,193,215TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X, Line 2:FormAndLineReferenceDesc
ExplanationAccounting guidance requires tax effects from uncertain tax positions to be recognized in the consolidated financial statements only if the position is more likely than not to be sustained if the position was to be challenged by a taxing authority. Management has determined that there are no material uncertain tax positions that require recognition in the consolidated financial statements. ABMS is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionEast Asia and the PacificRegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedPROGRAM SERVICESTypeOfActivitiesConductedTxt
Specific Services ProvidedDEVELOPMENT OF SPECIALTY CERTIFICATION PROGRAM FOR PHYSICIANSSpecificServicesProvidedTxt
Region Total Expenditures$3,833,436RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$3,833,436SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$3,833,436TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, line 3:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION USES THE ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Lois Margaret Nora MD JD MBA
President & Chief Executive Officer$677,960$0$50,000$0$0$0$35,001$0$11,093$0$774,054$0$0$0
Laura Skarnulis
COO$285,411$0$29,360$0$0$0$35,001$0$15,434$0$365,206$0$0$0
Yolanda Daniel
CFO (6 months)$95,872$0$0$0$64,288$0$2,991$0$4,455$0$167,606$0$0$0
Mira Irons
SVP Academic Affairs$317,123$0$18,060$0$0$0$35,000$0$7,623$0$377,806$0$0$0
Kathleen Ruff
Chief of Staff$232,300$0$24,210$0$25,000$0$35,001$0$768$0$317,279$0$0$0
John Mandelbaum
Chief Legal Officer$226,380$0$21,250$0$0$0$34,003$0$12,087$0$293,720$0$0$0
Thomas Granatir
SVP Policy & Ext. Relations$214,396$0$20,450$0$0$0$32,341$0$12,687$0$279,874$0$0$0
Jennifer Michael
Chief Information Officer$191,628$0$10,000$0$0$0$13,419$0$16,859$0$231,906$0$0$0
Krista Allbee
VP International Programs$185,947$0$7,750$0$0$0$14,910$0$16,907$0$225,514$0$0$0
David Swanson
VP Academic Programs And Services$260,183$0$7,500$0$25,000$0$19,613$0$10,065$0$322,361$0$0$0
David Price
SVP ABMS REF, Exec. Director. MSPAPO$192,600$0$20,680$0$17,708$0$30,561$0$430$0$261,979$0$0$0
Richard Waters
VP Marketing & Communications$190,000$0$7,000$0$0$0$14,683$0$768$0$212,451$0$0$0
Carol Clothier
VP State Health Policy & Public Affa$182,466$0$5,625$0$0$0$14,327$0$12,727$0$215,145$0$0$0
Nicholas Smith
VP Strategic Implementation$180,280$0$7,750$0$0$0$14,306$0$6,785$0$209,121$0$0$0
Stephen Miller
FORMER CEO$0$0$0$0$196,898$0$0$0$0$0$196,898$0$196,898$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 1aPer the terms of her employment contract, Dr. Nora is entitled to fly first class for organization-related business on flights that are three hours in duration or longer. This is not taxable to her. ABMS Offers to each employee located in the Chicago office of the organization, a subsidy of $50 per month towards dues for the independently-operated health club located in the headquarters' building. The individuals whose compensation is reported on Part VII, Section A of Schedule J are entitled to receive this subsidy under the same terms and conditions as all other Chicago-based employees of the organization. The amount of the subsidy is not reported as taxable compensation to the recipient employees.
Part I, Lines 4a-bYOLANDA DANIEL, PRIOR CFO, RECEIVED $60,855 IN COMPENSATION PER THE TERMS OF HER SEPARATION AGREEMENT. A DEFERRED COMPENSATION PLAN EXISTED FOR A FORMER PRESIDENT, STEPHEN H. MILLER. IN ACCORDANCE WITH THE TERMS OF THE AGREEMENT, ABMS DISTRIBUTED $196,898 IN 2015 TO THE FORMER PRESIDENT.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 13ABMS, with review and approval by the Finance and Audit Committee of the Board of Directors, periodically provides funding support in the form of a grant to the ABMS Research and Education Foundation. Funding support was provided in 2014 and most recently in 2016 for $1.3M. No funding was provided in 2015.
Form 990, Part VI, Section A, line 6There are 3 classes of members, regular members, associate members and public members. Regular members are all the primary and conjoint medical specialty member boards (currently 24) which have been approved by this corporation in accordance with the criteria stipulated in the "essentials for approval of examining boards in medical specialties" as established by this corporation from time to time. Associate members are limited to such organizations interested in graduate medical education or the standards of medical practice as, in the sole opinion of this corporation, can assist it significantly in the attainment of its purposes. Public members are persons elected by the board of directors to bring viewpoints from the general public to the deliberations of the corporation.
Form 990, Part VI, Section A, line 7asee description for Part VI, 7b below
Form 990, Part VI, Section A, line 7bThe Reserved Powers Board, acting for the members, shall have the following specified powers and responsibilities: Determining by a two-third affirmative vote the recognition and approval by the corporation of all primary and conjoint medical specialty boards (thereby also establishing a regular member of the corporation) and of all approved medical subspecialties and the appropriate medical specialty (ies). Electing by simple majority at the annual meeting each year, those officers, committee members and representatives to other organizations requiring election from among persons nominated by the governance committee or from the floor. Approving by a two-thirds affirmative vote all proposed increases (but not decreases) on membership dues of any proposed assessments of the member boards. Approving by a two-thirds affirmative vote all proposed amendments to the corporation's articles of incorporation or to the article III of these bylaws. Resolving by a simple majority affirmative vote (unless a greater majority is required by law or by the bylaws) any disputed substantive and nonprocedural matter before the board of directors which is certified in writing by at least five or more directors for referral to the Reserved Powers Board, which referral shall include the written recommendations of the board of directors on the matter. Approving by a simple majority affirmative vote the annual budget of the ABMS. Approving, by a two-thirds affirmative vote, all new Associate members of the corporation, upon recommendation of the board of directors.
Form 990, Part VI, Section B, line 11The board retains the services of an independent CPA firm to prepare the organization's Form 990. The independent CPA firm presents the Form 990 to management and the finance and audit committee and the finance and audit committee reviews and approves the Form 990. The finance and audit committee then provides a full copy to all voting members of the board of directors.
Form 990, Part VI, Section B, line 12cOn an annual basis, Board and Committee members are required to disclose conflicts and dualities of interest in writing. At the beginning of all board and board committee meetings members are required to disclose conflicts of interest and dualities. The minutes of the board and of all board committees shall contain the names of the persons disclosed or otherwise were found to have a financial interest in connection with an actual or potential conflict or duality of interest, the nature of the financial interest, any action taken to determine whether a conflict or duality of interest was present, and the board's or committee's determination as to whether a conflict or duality of interest in fact existed.
Form 990, Part VI, Section B, line 15For the ABMS President and Chief Executive Officer's Compensation 1 Comparability Data from similar not for profit healthcare organizations and institutions is reviewed by the Executive committee of the board of directors. 2 An outside compensation consulting firm advises the Executive Committee of the Board of Directors regarding appropriate compensation and benefits for the President and Chief Executive Officer. 3 Members of the executive committee of the Board of Directors, who are independent, set the compensation for the President and Chief Executive Officer. For Key Employees Compensation for key employees 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 as well as the advice of an outside compensation consulting firm.
Form 990, Part VI, Section C, line 19Certain governing documents are available through applicable governmental agencies; the conflict of interest policy is available upon written request to the organization. Financial Filings are available via government agencies and Guidestar.
FORM 990, PART VII, SECTION A - COMPENSATIONTHE COMPENSATION REPORTED IN PART VII IS THE COMPENSATION PAID BY THE FILING ORGANIZATION ABMS FOR A FULL-TIME POSITION. HOWEVER A PORTION OF THE VARIOUS INDIVIDUAL'S TIME IS DEVOTED TO RELATED ORGANIZATIONS, AMERICAN BOARD OF MEDICAL SPECIALTIES RESEARCH AND EDUCATION FOUNDATION AND THE MULTI-SPECIALTY PORTFOLIO APPROVAL PROGRAM ORGANIZATION. THE FILING ORGANIZATION IS REIMBURSED BY THE AMERICAN BOARD OF MEDICAL SPECIALTIES RESEARCH AND EDUCATION FOUNDATION AND THE MULTI-SPECIALTY PORTFOLIO APPROVAL ORGANIZATION.
Form 990, Part IX, line 11gCONSULTANTS 1,161,515. SUBCONTRACTORS 2,097,771.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
ABMS INTERNATIONAL LLC
353 NORTH CLARK STREET SUITE 1400ChicagoIL60654274201101CERTIFICATION ACTIVITIES OUTSIDE THE U.S.IL$4,452,522$3,411,701ABMS
ABMS SINGAPORE LLC
353 NORTH CLARK STREET SUITE 1400ChicagoIL60654274201326CERTIFICATION ACTIVITIES IN SINGAPOREIL$0$0ABMS INTERNATIONAL LLC
ABMS SOLUTIONS LLC
353 NORTH CLARK STREET SUITE 1400CHICagoIL60654453952583providing certification solutions for credentialersIL$3,825,436$2,894,832ABMS

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
American Board of Medical Specialties Research and Education Foundation
353 NORTH CLARK STREET SUITE 1400CHICAGOIL60654237304902SUPPORTING ABMS'S MISSION THROUGH RESEARCH AND EDUCATIONIL501(c)(3)Line 1ABMSYes (1)
Multi-Specialty Portfolio Approval Program Organization
353 NORTH CLARK STREET SUITE 1400CHICAGOIL60654465431221Promoting participation in competency and QI programs by physiciansIL501(c)(3)Line 9ABMSYes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
ABMS RESEARCH AND EDUCATION FOUNDATION
Q$702,005Audited expense report
MULTI-SPECIALTY PORTFOLIO APPROVAL PROGRAM ORGANIZATION
Q$437,181AUDITED EXPENSE REPORT