2016-04-26T11:12:05-05:00 2015-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 1650 MARKET STREET SUITE 4500 PHILADELPHIA PA 19103 990 2014-07-01 231352007 THE AMERICAN BOARD OF SURGERY INC AMER 2155684000 1617 JOHN F KENNEDY BOULEVARD PHILADELPHIA PA 191031847 FRANK R LEWIS JR MD EXECUTIVE DIRECTOR 2155684000 2016-04-25 1 JULIUS GREEN CPA JD P00350393 2159720701 2014 2016-08-17 19:52:53Z FRANK R LEWIS JR MD 1617 JOHN F KENNEDY BOULEVARD PHILADELPHIA PA 191031847 13880066 0 X WWW.ABSURGERY.ORG X 1937 PA ADMINISTRATION OF CERTIFICATION AND RECERTIFICATION EXAMINATIONS IN GENERAL SURGERY. 37 37 21 37 0 0 0 0 9487820 8437906 917486 1033362 646 309050 10405952 9780318 0 88000 0 0 4601388 5407716 0 0 0 4253983 4672729 8855371 10168445 1550581 -388127 14983050 14390619 3676816 6933062 11306234 7457557 X THE AMERICAN BOARD OF SURGERY, INC. (ABS), INCORPORATED IN 1937, IS A PRIVATE, VOLUNTARY NON-PROFIT, AUTONOMOUS ORGANIZATION FORMED TO CONDUCT EXAMINATIONS OF ACCEPTABLE CANDIDATES WHO SEEK CERTIFICATION OR RECERTIFICATION BY ABS, TO ISSUE CERTIFICATES OF QUALIFICATION TO ALL CANDIDATES MEETING THE BOARD'S REQUIREMENTS BY SATISFACTORILY COMPLETING ITS PRESCRIBED EXAMINATIONS, AND TO IMPROVE AND BROADEN THE OPPORTUNITIES FOR THE POST-GRADUATE EDUCATION AND TRAINING OF SURGEONS. 0 0 COSTS INCURRED IN ADMINISTERING EXAMINATIONS FOR CANDIDATES SEEKING CERTIFICATION AND RECERTIFICATION BY THE BOARD AND IN ISSUING CERTIFICATES OF QUALIFICATION TO ALL CANDIDATES MEETING THE BOARD'S REQUIREMENTS. ALL EXPENSES AND REVENUES ARE INCURRED OR GENERATED FOR THIS PURPOSE. DURING FISCAL YEAR JUNE 30, 2015, THERE WERE 14,957 INDIVIDUALS WHO TOOK AN EXAMINATION, INCLUDING SURGERY RESIDENTS TAKING THEIR IN-TRAINING EXAMINATIONS. 1,506 INDIVIDUALS OBTAINED CERTIFICATION AND 1,708 WERE RE-CERTIFIED. THE TYPES OF EXAMINATIONS INCLUDE THE FOLLOWING: QUALIFYING, RECERTIFICATION, VASCULAR SURGERY, SURGICAL PRINCIPLES, SURGICAL CRITICAL CARE, PEDIATRIC SURGERY, HAND SURGERY, AND HOSPICE AND PALLIATIVE CARE. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 41 0 1 21 1 0 0 0 0 0 0 X 37 37 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X FRANK R LEWIS JR MD - EXECUTI 2155684000 1617 JOHN F KENNEDY BLVD STE 860 PHILADELPHIA PA 191031847 JOSEPH B COFER MD CHAIR 7.00 X X 0 0 0 JOHN F EIDT MD DIRECTOR 7.00 X 2500 0 0 STEPHEN RT EVANS MD DIRECTOR 7.00 X 2150 0 0 DOUGLAS W HANTO MD DIRECTOR 7.00 X 2000 0 0 RONALD B HIRSCHL MD DIRECTOR 7.00 X 2000 0 0 JOHN G HUNTER MD DIRECTOR 7.00 X 0 0 0 GREGORY J JURKOVICH MD DIRECTOR 7.00 X 2900 0 0 DAVID M MAHVI MD DIRECTOR 7.00 X 0 0 0 DAVID W MERCER MD DIRECTOR 7.00 X 2900 0 0 BRUCE D SCHIRMER MD DIRECTOR 7.00 X 0 0 0 DOUGLAS S TYLER MD DIRECTOR 7.00 X 2650 0 0 SELWYN M VICKERS MD DIRECTOR 7.00 X 2650 0 0 J PATRICK WALKER MD DIRECTOR 7.00 X 0 0 0 KEVIN E BEHRNS MD DIRECTOR 7.00 X 650 0 0 KEVIN C CHUNG MD DIRECTOR 7.00 X 0 0 0 MARY E KLINGENSMITH MD DIRECTOR 2.00 5.00 X 2000 0 0 FREDERICK A LUCHETTE MD DIRECTOR 7.00 X 3150 0 0 LENA M NAPOLITANO MD DIRECTOR 7.00 X 2400 0 0 TYLER G HUGHES MD DIRECTOR 7.00 X 2750 0 0 CHRISTOPHER MCHENRY MD DIRECTOR 7.00 X 2000 0 0 MARGO C SHOUP MD DIRECTOR 7.00 X 2900 0 0 JAMES F WHITING MD DIRECTOR 7.00 X 2900 0 0 FIZAN ABDULLAH MD DIRECTOR 7.00 X 2250 0 0 KENNETH AZAROW MD DIRECTOR 7.00 X 2650 0 0 KAREN J BRASEL MD DIRECTOR 7.00 X 900 0 0 ANTHONY J SENAGORE DIRECTOR 7.00 X 0 0 0 R JAMES VALENTINE DIRECTOR 7.00 X 0 0 0 WILLIAM J SCANLON PHD DIRECTOR 7.00 X 0 0 0 SPENCE M TAYLOR MD DIRECTOR 7.00 X 2000 0 0 MARTIN A CROCE MD DIRECTOR 7.00 X 0 0 0 ROXIE M ALBRECHT MD DIRECTOR 7.00 X 2150 0 0 MARK S ALLEN MD DIRECTOR 7.00 X 2150 0 0 WILLIAM C CHAPMAN MD DIRECTOR 7.00 X 2400 0 0 DAI H CHUNG MD DIRECTOR 7.00 X 2900 0 0 VIVIAN GAHTAN MD DIRECTOR 7.00 X 2250 0 0 K CRAIG KENT MD DIRECTOR 7.00 X 2900 0 0 ANNE G RIZZO MD DIRECTOR 7.00 X 2900 0 0 ROBERT FANELLI MD DIRECTOR 7.00 X 650 0 0 REID ADAMS MD DIRECTOR 7.00 X 0 0 0 JOHN MELLINGER MD DIRECTOR 7.00 X 0 0 0 DAVID NETSCHER MD DIRECTOR 7.00 X 0 0 0 LEE SWANSTROM MD DIRECTOR 7.00 X 0 0 0 MARK WELTON MD DIRECTOR 7.00 X 0 0 0 FRANK R LEWIS JR MD EXEC DIRECTOR; SEC'Y; TREASURER 38.00 2.00 X 653295 0 35600 JO BUYSKE MD ASSOCIATE EXEC DIRECTOR 38.00 2.00 X 450860 0 31667 ROBERT S RHODES MD ASSOCIATE EXEC DIRECTOR 40.00 X 229292 0 26292 JESSICA A SCHREADER ABS COO 39.50 0.50 X 150792 0 25710 THOMAS W BIESTER DIR. OF PSYCHOMETRICS 40.00 X 164292 0 29630 GABRIEL L BEVILACQUA ESQ BOARD COUNSEL 40.00 X 169710 0 29078 MARK A MALANGONI ASSOCIATE EXEC DIRECTOR 25.00 15.00 X 445267 0 36030 JAMES F FIORE DIRECTOR OF IT 40.00 X 147427 0 24588 ANDREW JONES PHD PSYCHOMETRICIAN 40.00 X 106142 0 14894 ALEXANDER MINKOVSKY IT MANAGER 40.00 X 108871 0 17715 CHRISTINE SHIFFER DIR. OF COMMUNICATIONS 38.00 2.00 X 101724 0 19994 2792272 0 291198 11 0 1 0 NCS PEARSON 13036 COLLECTION CENTER DRIVE CHICAGO IL 60693 WEB SUPPORT 850006 TESTING SYSTEMS LLC 3000 CHESTNUT AVE STE 401 BALTIMORE MD 21211 ONLINE TESTING SVC 170525 STEINBRECHER & SPAN LLP 1155 F ST NW STE 1050 WASHINGTON DC 20004 LEGAL SERVICES 153343 6 REGISTRATION/EXAM FEES 611710 8431350 8431350 REMAKE CERTIFICATES 611710 4500 4500 SALE OF BROCHURES 611710 2056 2056 8437906 206248 206248 4926862 4099748 827114 827114 827114 LEGAL SETTLEMENT 900099 309050 309050 309050 9780318 8437906 0 1342412 88000 2163460 1574105 1261058 215028 194065 281331 42742 82097 227603 518094 292747 1950631 81141 27031 EXAM ADMIN FEES 709947 DUES 292524 BAD DEBT 148805 COMMEMORATIONS 8386 9650 10168445 238 1605117 1647382 464829 8826 1334774 1100028 310412 234746 4167782 3298855 8899501 8735981 14983050 14390619 56882 116761 3619934 6816301 3676816 6933062 X 11306234 7457557 11306234 7457557 14983050 14390619 X -388127 -984907 -2471905 -3738 X 0 1 X 1 0 250391 223393 26998 1070341 876635 193706 14042 14042 234746 MULTI STRATEGY INVESTMENTS 8714636 F ALTERNATIVE INVESTMENTS 21345 F 8735981 PENSION PLAN LIABILITY 6816301 6816301 X 10220269 -984907 1426914 442007 9778262 2056 2056 9780318 11493638 1407290 1407290 10086348 82097 82097 10168445 PART X, LINE 2: THE BOARD ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. THE BOARD'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. MANAGEMENT DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD FOR THE YEARS ENDED JUNE 30, 2015 AND 2014. THE BOARD'S FEDERAL BUSINESS INCOME TAX RETURNS FOR 2014, 2013, AND 2012 REMAIN SUBJECT TO EXAMINATION BY THE IRS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ELIMINATION OF SCORE RELATED-ENTITY REVENUE 1,509,011. INVESTMENT EXPENSES -82,097. PART XI, LINE 4B - OTHER ADJUSTMENTS: BROCHURE INCOME 2,056. PART XII, LINE 2D - OTHER ADJUSTMENTS: ELIMINATION OF SCORE RELATED-ENTITY EXPENSES 1,409,346. BROCHURE INCOME -2,056. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES 82,097. 1 NORTHWESTERN UNIVERSITY 633 CLARK STREET EVANSTON IL 60208 362167817 501(C)(3) 88000 SUPPORT OF THE FIRST PROJECT 1 X 1 1 X X X 0 0 0 FRANK R LEWIS JR MD EXEC DIRECTOR; SEC'Y; TREASURER 648171 0 5000 0 124 0 15600 0 20000 0 688895 0 0 0 JO BUYSKE MD ASSOCIATE EXEC DIRECTOR 445170 0 5000 0 690 0 15600 0 16067 0 482527 0 0 0 ROBERT S RHODES MD ASSOCIATE EXEC DIRECTOR 225198 0 2500 0 1594 0 12457 0 13835 0 255584 0 0 0 JESSICA A SCHREADER ABS COO 147184 0 3500 0 108 0 8615 0 17095 0 176502 0 0 0 THOMAS W BIESTER DIR. OF PSYCHOMETRICS 160860 0 2600 0 832 0 9193 0 20437 0 193922 0 0 0 GABRIEL L BEVILACQUA ESQ BOARD COUNSEL 168796 0 0 0 914 0 8748 0 20330 0 198788 0 0 0 MARK A MALANGONI ASSOCIATE EXEC DIRECTOR 440143 0 5000 0 124 0 15600 0 20430 0 481297 0 0 0 JAMES F FIORE DIRECTOR OF IT 147427 0 0 0 0 0 8087 0 16501 0 172015 0 0 0 PART I, LINE 1A FIRST CLASS TRAVEL IS AUTHORIZED FOR OFFICERS, DIRECTORS, KEY EMPLOYEES, AND HIGHLY COMPENSATED EMPLOYEES WHO ARE TRAVELING MORE THAN 1,000 MILES BY AIR FOR BOARD EXAMINATIONS AND PROGRAMS. THE VALUE OF FIRST CLASS TRAVEL IS NOT INCLUDED IN COMPENSATION. PART I, LINE 7 THE EXECUTIVE COMMITTEE, AS PART OF ITS RESPONSIBILITES IN SETTING COMPENSATION, ANNUALLY AWARDS BONUSES ON A DISCRETIONARY BASIS RELYING ON A VARIETY OF FACTORS WHILE MAINTAINING THE INTEGRITY OF THE COMPENSATION SETTING PROCESS. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION HAS AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM PREPARE THE FORM 990. THE FORM IS THEN REVIEWED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR AND ANY NEEDED CHANGES OR UPDATES ARE COMMUNICATED BACK TO THE ACCOUNTING FIRM. ALL BOARD MEMBERS RECEIVE COPIES OF THE FORM 990 BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS ALL DIRECTORS SIGN A DISCLOSURE FORM ANNUALLY ATTESTING TO THE FACT THAT THEY EACH HAVE READ, UNDERSTOOD, AND AGREED TO ABIDE BY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. ALL NEW DIRECTORS WILL BE REQUIRED TO SIGN THE SAME ATTESTATION UPON THEIR JOINING THE BOARD OF DIRECTORS. IN ADDITION, ANY DIRECTOR, OFFICER, EMPLOYEE, MEMBER OR COMMITTEE MEMBER HAVING AN INTEREST IN A CONTRACT OR OTHER TRANSACTION PRESENTED TO THE BOARD OF DIRECTORS OR A COMMITTEE THEREOF FOR AUTHORIZATION, APPROVAL, OR RATIFICATION SHALL GIVE PROMPT, FULL, AND FRANK DISCLOSURE OF HIS OR HER INTEREST TO THE BOARD OR COMMITTEE PRIOR TO ITS ACTING ON SUCH CONTRACT OR TRANSACTION. THE BOARD OR COMMITTEE SHALL GATHER COMPARABILITY DATA REGARDING A POSSIBLE CONFLICT TO MAKE DETERMINATIONS REGARDING THE FAIRNESS AND REASONABLENESS OF THE TRANSACTION. THE INTERESTED PARTY MAY MAKE A PRESENTATION TO THE BOARD OR COMMITTEE CONCERNING THE TRANSACTION OR ARRANGEMENT AND THE INTERESTED PARTY'S INTEREST IN THE TRANSACTION OR ARRANGEMENT. THE BOARD OR COMMITTEE SHALL THEN DISCUSS THE TRANSACTION OR ARRANGEMENT WITHOUT THE INTERESTED PARTY PRESENT, INCLUDING THE DATA GATHERED ABOUT POSSIBLE MORE ADVANTAGEOUS TRANSACTIONS OR ARRANGEMENTS. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THIS DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE ABS USES THE ASSOCIATION OF AMERICAN MEDICAL COLLEGES (AAMC) "REPORT ON MEDICAL SCHOOL FACULTY SALARIES" AS THE STANDARD FOR DETERMINING APPROPRIATE COMPENSATION FOR PHYSICIAN EXECUTIVES, SINCE THIS IS THE LOCALE FROM WHICH SUCH INDIVIDUALS HAVE TO BE RECRUITED. THIS REPORT PROVIDES THE MOST COMPREHENSIVE DATA AVAILABLE ON MEDICAL FACULTY SALARIES AND IS UPDATED AND REPUBLISHED YEARLY. THE DATA REFLECTS REPORTING FROM ALL 133 ACCREDITED MEDICAL SCHOOLS IN THE UNITED STATES, AND FROM NEARLY 100,000 FACULTY MEMBERS. THE AAMC REPORT CATEGORIZES MEDICAL SCHOOL FACULTY SALARIES BY GEOGRAPHIC REGION, TYPE OF MEDICAL SCHOOL, ACADEMIC RANK, AND MEDICAL SPECIALTY. FOR COMPARATIVE PURPOSES WE USE THE AVERAGE OF PUBLIC, PRIVATE, AND NORTHEASTERN MEDICAL SCHOOLS FOR THE SPECIALTY OF GENERAL SURGERY. THE ACADEMIC RANK OF PROFESSOR IS CONSIDERED EQUIVALENT TO ASSISTANT EXECUTIVE DIRECTOR; DIVISION HEAD IS CONSIDERED EQUIVALENT TO ASSOCIATE EXECUTIVE DIRECTOR, AND DEPARTMENT CHAIR IS CONSIDERED EQUIVALENT TO EXECUTIVE DIRECTOR. THE MEDIAN AND MEAN FIGURES ARE AVERAGED FOR EACH POSITION. THESE FIGURES ARE COMPARED OVER FIVE OR MORE YEARS TO ESTABLISH AVERAGE RATES OF INCREASE PER YEAR. THE ABOVE DATA IS PREPARED BY THE EXECUTIVE DIRECTOR (ED) YEARLY AND IS PRESENTED TO THE FINANCE COMMITTEE AT THE JUNE ANNUAL MEETING IN TABULAR FORM WHICH ALLOWS COMPARISON AMONG ALL OF THE ABOVE VARIABLES. THE ED THEN RECUSES HIMSELF FROM THE ROOM, AND THE COMMITTEE DISCUSSES THE DATA AND ARRIVES AT FINAL DECISIONS REGARDING THE COMPENSATION OF THE PHYSICIAN EXECUTIVES FOR THE SUCCEEDING YEAR. THE AAMC REPORT IS GENERALLY PUBLISHED IN JANUARY OF A GIVEN YEAR AND IS BASED ON SALARIES REPORTED FOR THE PRIOR ACADEMIC YEAR. THE IMPLEMENTATION OF THESE BY ABS IS THEREFORE AT LEAST ONE YEAR BEHIND THE OBSERVED STANDARDS TO WHICH THEY ARE BEING COMPARED. DISCUSSIONS OF COMPENSATION AT THE BOARD LEVEL ARE DOCUMENTED IN BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: INTERCOMPANY CAPITAL ADJUSTMENT -3,738. FORM 990, PART VI, LINE 7 THE DIRECTORS OF THE ORGANIZATION SHALL BE ELECTED FROM AMONG NOMINEES FROM THE PUBLIC AND FROM VARIOUS NATIONAL AND REGIONAL SURGICAL SPECIALTY ORGANIZATIONS WHICH SHALL BE KNOWN AS NOMINATING ORGANIZATIONS. EACH NOMINATING ORGANIZATION SHALL BE REQUESTED TO SUBMIT THE NAMES OF NOMINEES, IN THE NUMBER DETERMINED BY THE DIRECTORS, FROM WHICH THE APPROPRIATE NUMBER OF DIRECTORS FROM THAT ORGANIZATION SHALL BE ELECTED BY MAJORITY VOTE OF THE DIRECTORS. SURGICAL COUNCIL ON RESIDENT EDUCATION 1617 JFK BLVD SUITE 860 PHILADELPHIA PA 19103 453248734 PROVIDING RESIDENTS AND SURGERY PROGRAMS WITH EDUCATIONAL MATERIALS PA 501(C)(4) THE AMERICAN BOARD OF SURGERY INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 SURGICAL COUNCIL ON RESIDENT EDUCATION O 247261 COST SURGICAL COUNCIL ON RESIDENT EDUCATION R COST