2011-05-16T14:57:04-05:00 2010-06-30 ParenteBeard LLC 1200 Atwater Drive Suite 225 Malvern PA 19355 990 2009-07-01 231352007 THE AMERICAN BOARD OF SURGERY INC AMER 2155684000 1617 JOHN F KENNEDY BOULEVARD PHILADELPHIA PA 191031847 DR FRANK LEWIS JR MD 2155684000 2011-05-13 1 Leonard P Metkowski 6106478100 2009 2016-02-24 21:20:13Z DR FRANK R LEWIS JR M 1617 JOHN F KENNEDY BOULEVARD PHILADELPHIA PA 191031847 15634933 0 X www.absurgery.org X 1937 PA ADMINISTRATION OF CERTIFICATION AND RECERTIFICATION EXAMINATIONS IN GENERAL SURGERY. 38 35 20 0 0 0 0 5750971 7279580 -1113734 563107 0 4637237 7842687 0 0 3907442 5170111 0 0 3989205 4959227 7896647 10129338 -3259410 -2286651 16539283 16641825 3819164 16539283 12822661 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 recertificaton 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 6070066 7279580 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. n/a n/a 6070066 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 47 0 20 1 0 0 0 0 0 38 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X DR FRANK R LEWIS JR MD - EXECUTIVE DIRECTOR 2155684000 1617 JOHN F KENNEDY BLVD ST 860 PHILADELPHIA PA 191031847 Frank R LEWIS JR MD 40.00 X X 639935 0 13562 Jo Buyske MD 40.00 X X 381504 0 0 Robert S RHODES MD 40.00 X X 195397 0 14090 Stanley W ASHLEY MD 7.00 X 3150 0 0 Karen R BORMAN MD 7.00 X 2900 0 0 LD BRITT MD 7.00 X 2750 0 0 Joseph B COFER MD 7.00 X 2750 0 0 Thomas H COGBILL MD 7.00 X 3150 0 0 E Christopher ELLISON MD 7.00 X X 3150 0 0 STEPHEN R T EVANS MD 7.00 X 0 0 0 B Mark EVERS MD 7.00 X 2000 0 0 John B HANKS MD 7.00 X 2650 0 0 DOUGLAS W HANTO MD 7.00 X 0 0 0 RONALD B HIRSCHL MD 7.00 X 0 0 0 Lenworth M JACOBS Jr MBBS 7.00 X 2000 0 0 Nathalie M JOHNSON MD 7.00 X 2000 0 0 V Suzanne KLIMBERG MD 7.00 X 2250 0 0 David M MAHVI MD 7.00 X 2900 0 0 Jeffrey B MATTHEWS MD 7.00 X 2650 0 0 J Wayne MEREDITH MD 7.00 X 2900 0 0 Fabrizio MICHELASSI MD 7.00 X 3150 0 0 Joseph L MILLS MD 7.00 X 2400 0 0 Leigh A NEUMAYER MD 7.00 X 2650 0 0 John R POTTS III MD 7.00 X 2000 0 0 John J RICOTTA MD 7.00 X 2000 0 0 William P SCHECTER MD 7.00 X 2000 0 0 Bruce D SCHIRMER MD 7.00 X 2000 0 0 Anthony J SENAGORE MD 7.00 X 2000 0 0 Kenneth W SHARP MD 7.00 X 2900 0 0 Steven C STAIN MD 7.00 X X 3300 0 0 Richard C THIRLBY MD 7.00 X 2650 0 0 Thomas F TRACY Jr MD 7.00 X 2650 0 0 R James VALENTINE MD 7.00 X 2250 0 0 Nicholas B VEDDER MD 7.00 X 2150 0 0 SELWYN M VICKERS MD 7.00 X 0 0 0 J Patrick WALKER MD 7.00 X 3150 0 0 Ronald J WEIGEL MD 7.00 X 2900 0 0 Cameron D WRIGHT MD 7.00 X 2000 0 0 Richard H Bell jr MD 40.00 X 331504 0 13562 Thomas W BIESTER 40.00 X 146386 0 15086 JESSICA SCHREADER 40.00 X 115640 0 9339 JAMES FIORE 40.00 X 121265 0 16401 2010981 0 82040 7 0 1 0 BC DECKER LLC PO BOX 9500 PHILADELPHIA PA 19195 TECHNICAL WEB SUPPORT 618600 AMIRSYS 2180 S 1300 EAST SUITE 405 SALT LAKE CITY UT 84106 TECHNICAL WEB SUPPORT 324515 SYSTEMS ENGINEERING INC PO BOX 2608 SPRINGFIELD VA 22152 TECHNICAL WEB SUPPORT 117153 3 Program service revenu 611710 7270060 7270060 SALE OF BROCHURES 611710 3848 3848 Remake certificates 611710 3600 3600 Miscellaneous Income 611710 2072 2072 7279580 59342 59342 8296011 7792246 503765 503765 503765 7842687 7279580 0 563107 1712650 640841 1071809 1219990 755603 464387 2085176 957482 1127694 152295 69932 82363 40862 40862 26807 26807 1504051 1450914 53137 200790 200790 96290 96290 272382 272382 1340294 1340294 25337 25337 295879 295879 Exam admin fees 590407 590407 Bank charges 202138 202138 Dues 194409 194409 postage 98301 63803 34498 MISCELLANEOUS 71280 71280 10129338 6070066 4059272 0 5060758 4283038 884984 815556 47739 69428 11430786 12289359 16539283 16641825 0 3819164 0 3819164 X 16539283 12822661 16539283 12822661 16539283 16641825 X 0 1 1 X 0 214015 209481 4534 670969 606075 64894 69428 Marketable equity securities 2863994 F Marketable debt securities 963538 F marketable commodities 4714409 F MULTI STRATEGY investments 3747418 F 12289359 PENSION PLAN LIABILITIES 3212342 UNEXERCISED COMMODITY OPTIONS 606822 3819164 7842687 10129338 -2286651 198379 -1628350 -1429971 -3716622 8041066 198379 198379 7842687 0 7842687 10129338 0 10129338 0 10129338 Part X: Description of Uncertain Tax Positions Under FIN 48: THE AMERICAN BOARD OF SURGERY, INC. IS A NON-PROFIT ORGANIZATION WHICH HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION 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 ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. Part XI, Line 8 - Other Adjustments: PRIOR PERIOD ADJUSTMENT RELATED TO THE ENTITY'S CHANGE FROM A CASH TO ACCRUAL METHOD OF ACCOUNTING FOR WHICH THE ORGANIZATION RESTATED THEIR JUNE 30, 2009 BALANCE SHEET AND INCOME STATEMENT TO REFLECT A PENSION PLAN LIABILITY AND CORRESPONDING PENSION EXENSE OF -1,628,350. X 1 1 X X X 0 0 0 Frank R LEWIS JR MD 639935 0 0 0 0 0 0 0 13562 0 653497 0 610678 0 Jo Buyske MD 381504 0 0 0 0 0 0 0 0 0 381504 0 366504 0 Robert S RHODES MD 195397 0 0 0 0 0 0 0 14090 0 209487 0 215351 0 Richard H Bell jr MD 331504 0 0 0 0 0 0 0 13562 0 345066 0 339469 0 Thomas W BIESTER 146386 0 0 0 0 0 0 0 15086 0 161472 0 164226 0 Part I, Line 1a FOR ANY AIRLINE TRAVEL GREATER THAN 1,000 MILES, FIRST CLASS TRAVEL IS ACCEPTABLE. 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 OUR ORGANIZATIONS DIRECTOR, who is a member of the board of directors, AND ANY NEEDED CHANGES OR UPDATES ARE COMMUNICATED BACK TO THE FIRM THAT PREPARES THE FORM SO THEY CAN UPDATE IT PRIOR TO THE FILING OF THE FORM WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section B, line 12c THE ORGANIZATION HAD ALL DIRECTORS SIGN A DISCLOSURE FORM ATTESTING TO THE FACT THAT THEY EACH HAD READ, UNDERSTOOD, AND AGREED TO ABIDE BY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. THERE WERE NO CONFLICTS OF INTEREST TO REPORT. ALL NEW DIRECTORS WILL BE REQUIRED TO SIGN THE SAME ATTESTATION UPON THEIR JOINING THE BOARD OF DIRECTORS. Form 990, Part VI, Section B, line 15 The Board's Executive Director makes recommendations on all salaries other than his own. The entire Board of Directors then approves the Executive Director's salary as well as all other salaries. Form 990, Part VI, Section C, line 19 COPIES OF FORM 990 ARE AVAILABLE THROUGH GUIDESTAR.COM (ANOTHERS WEBSITE). GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 1 THE ORGANIZATION CHANGED FROM THE CASH METHOD OF ACCOUNTING TO THE ACCRUAL METHOD OF ACCOUNTING. FORM 990, PART XI, LINE 2C THE BOARD OF TRUSTIES IS RESPONSIBLE FOR BOTH THE SELECTION AND REVIEW OF THE INDEPENDENT AUDITORS.