Skip to content
Nonprofiteer
← AMERICAN BOARD OF PEDIATRICS INC

Form 990 for tax year 2022

Filed by AMERICAN BOARD OF PEDIATRICS INC.

Totals

Total revenue
$46,608,703
Total expenses
$33,702,492
Contributions and grants received
$0
Grants paid
$857,005
Program service revenue
$41,812,471
Investment income
$4,773,996
Other revenue
$22,236
Total assets, end of year
$184,937,736
Total liabilities, end of year
$45,842,258
Net assets or fund balances, end of year
$139,095,478
Program services expenses (Part IX)
$23,229,516
Management and general expenses
$10,472,976
Fundraising expenses
$0
Program service expenses (Part III)
$23,229,516

Program services were 68.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: General Pediatrics Exam

    total $11,479,215 · related or exempt $11,479,215 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Subspeciality Certification

    total $9,732,800 · related or exempt $9,732,800 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: Continuing Certification

    total $20,524,054 · related or exempt $20,524,054 · unrelated business $0 · excluded $0

  • 2d · Program service revenue: International Certification

    total $19,285 · related or exempt $19,285 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $57,117 · related or exempt $57,117 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $4,692,238 · related or exempt $4,692,238 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $75,322 · other assets $36,774

  • 7b · Less cost or other basis and sales expenses

    securities $29,984 · other assets $354

  • 7c · Gain or loss

    securities $45,338 · other assets $36,420

  • 7d · Net gain or loss

    total $81,758 · related or exempt $81,758 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $22,236 · related or exempt $22,236 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $22,236

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $857,005 · program services $857,005

  • 5 · Compensation of officers, directors and key employees

    total $5,502,385 · program services $3,072,722 · management and general $2,429,663 · fundraising $0

  • 7 · Other salaries and wages

    total $9,465,649 · program services $6,796,053 · management and general $2,669,596 · fundraising $0

  • 8 · Pension plan contributions

    total $1,158,093 · program services $741,062 · management and general $417,031 · fundraising $0

  • 9 · Other employee benefits

    total $2,152,667 · program services $1,377,488 · management and general $775,179 · fundraising $0

  • 10 · Payroll taxes

    total $921,896 · program services $589,920 · management and general $331,976 · fundraising $0

  • 11b · Fees: legal

    total $258,371 · program services $134,194 · management and general $124,177 · fundraising $0

  • 11c · Fees: accounting

    total $50,121 · program services $0 · management and general $50,121 · fundraising $0

  • 11f · Fees: investment management

    total $97,284 · program services $0 · management and general $97,284 · fundraising $0

  • 11g · Fees: other

    total $2,305,046 · program services $1,224,271 · management and general $1,080,775 · fundraising $0

  • 13 · Office expenses

    total $136,781 · program services $79,024 · management and general $57,757 · fundraising $0

  • 14 · Information technology

    total $2,750,633 · program services $1,689,070 · management and general $1,061,563 · fundraising $0

  • 16 · Occupancy

    total $458,542 · program services $106,785 · management and general $351,757 · fundraising $0

  • 17 · Travel

    total $677,786 · program services $419,888 · management and general $257,898 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $116,569 · program services $77,231 · management and general $39,338 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $2,977,555 · program services $2,456,925 · management and general $520,630 · fundraising $0

  • 23 · Insurance

    total $188,804 · program services $0 · management and general $188,804 · fundraising $0

  • 24a · Other expenses: ABMS Dues

    total $880,757 · program services $861,443 · management and general $19,314 · fundraising $0

  • 24b · Other expenses: Exam and ADA Fees

    total $1,864,852 · program services $1,864,759 · management and general $93 · fundraising $0

  • 24c · Other expenses: Credit Card Fees

    total $881,696 · program services $881,676 · management and general $20 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $300 · end of year $300

  • 2 · Savings and temporary cash investments

    beginning of year $16,960,456 · end of year $20,779,666

  • 4 · Accounts receivable

    beginning of year $172,266 · end of year $238,276

  • 9 · Prepaid expenses and deferred charges

    beginning of year $463,317 · end of year $608,980

  • 10a · Land, buildings and equipment: cost or other basis

    $17,650,524

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,943,721

  • 10c · Land, buildings and equipment, net

    beginning of year $8,163,700 · end of year $7,706,803

  • 11 · Investments: publicly traded securities

    beginning of year $130,553,420 · end of year $137,722,152

  • 15 · Other assets

    beginning of year $15,603,158 · end of year $17,881,559

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,018,027 · end of year $4,260,366

  • 19 · Deferred revenue

    beginning of year $45,748,587 · end of year $39,791,011

  • 25 · Other liabilities

    beginning of year $1,908,690 · end of year $1,790,881

  • 27 · Net assets without donor restrictions

    beginning of year $120,241,313 · end of year $139,095,478

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2022

Mission

SEE SCHEDULE 0

Activities or mission (Part I)

see Schedule O

  • GENERAL PEDIATRICS INITIAL CERTIFICATION - SEE FULL DESCRIPTION ON SCHEDULE O .

    Expenses $3,926,722 · Revenue $11,479,215

  • SUBSPECIALTY CERTIFICATION - SEE FULL DESCRIPTION ON SCHEDULE O.

    Expenses $6,556,256 · Revenue $9,732,800

  • CONTINUING CERTIFICATION (FORMERLY MAINTENANCE OF CERTIFICATION) - SEE FULL DESCRIPTION ON SCHEDULE O.

    Expenses $10,868,973 · Revenue $20,524,054

  • TO FUND RESEARCH AND EDUCATIONAL INITIATIVES IN THE PEDIATRIC FIELD

    Expenses $1,716,371 · Grants $1,716,371

  • MATCH OF STAFF DONATION TO STAFF SELECTED CHARITY -PROGRAM PROVIDES TECHNOLOGY RESOURCES, TOOLS, TRAINING AND EDUCATIONAL OPPORTUNITIES TO STUDENTS FROM LOW-INCOME FAMILIES.

    Expenses $28,807

  • INTERNATIONAL EXAMINATIONS

    Expenses $10,776 · Revenue $19,285

  • AMERICAN BOARD OF PEDIATRICS COLLABORATIONS, LLC

    Expenses $121,611 · Revenue $21,117

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Judy Schaechter MD MBA

    2022 PRESIDENT/CEO -THROUGH JUNE 2023

    Total calculated
    $853,423
    From this org
    $733,078
    From related orgs
    $0
    Other
    $120,345
    Hours/week
    48 + 1 related

    Schedule J breakdown matched by us

    Base
    $720,000
    Bonus
    $0
    Other
    $13,078
    Deferred
    $84,402
    Nontaxable benefits
    $35,943
    Filer's total
    $853,423

  • Suzanne K Woods MD

    EXEC VP CREDENTIALING AND INITIAL CERT.

    Total calculated
    $680,117
    From this org
    $593,810
    From related orgs
    $0
    Other
    $86,307
    Hours/week
    81.5 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $559,308
    Bonus
    $2,655
    Other
    $31,847
    Deferred
    $84,402
    Nontaxable benefits
    $1,905
    Filer's total
    $680,117

  • Keith J Mann MD

    VP CONTINUING CERTIFICATION

    Total calculated
    $638,699
    From this org
    $530,622
    From related orgs
    $0
    Other
    $108,077
    Hours/week
    64

    Schedule J breakdown matched by us

    Base
    $513,105
    Bonus
    $2,788
    Other
    $14,729
    Deferred
    $84,402
    Nontaxable benefits
    $23,675
    Filer's total
    $638,699

  • Laurel K Leslie MD MPH

    VP RESEARCH

    Total calculated
    $604,593
    From this org
    $496,370
    From related orgs
    $0
    Other
    $108,223
    Hours/week
    28 + 42 related

    Schedule J breakdown matched by us

    Base
    $458,251
    Bonus
    $2,987
    Other
    $35,132
    Deferred
    $84,402
    Nontaxable benefits
    $23,821
    Filer's total
    $604,593

  • Ann E Hazinski MBA CPA

    VP FINANCE AND CFO

    Total calculated
    $560,599
    From this org
    $439,064
    From related orgs
    $0
    Other
    $121,535
    Hours/week
    62.5 + 3.5 related

    Schedule J breakdown matched by us

    Base
    $423,099
    Bonus
    $3,319
    Other
    $13,646
    Deferred
    $84,402
    Nontaxable benefits
    $37,133
    Filer's total
    $561,599

  • David A Turner MD

    VP COMPETENCY-BASED ASSESSMENT PROGRAMS

    Total calculated
    $516,620
    From this org
    $397,275
    From related orgs
    $0
    Other
    $119,345
    Hours/week
    62 + 2 related

    Schedule J breakdown matched by us

    Base
    $386,213
    Bonus
    $0
    Other
    $11,062
    Deferred
    $84,402
    Nontaxable benefits
    $34,943
    Filer's total
    $516,620

  • Linda A Althouse PhD

    VP ASSESSMENT

    Total calculated
    $454,692
    From this org
    $349,160
    From related orgs
    $0
    Other
    $105,532
    Hours/week
    55.75 + 0.25 related

    Schedule J breakdown matched by us

    Base
    $328,426
    Bonus
    $2,722
    Other
    $18,012
    Deferred
    $84,402
    Nontaxable benefits
    $21,130
    Filer's total
    $454,692

  • Dongming Zhang Ms Mls

    VP IT AND INFORMATICS

    Total calculated
    $397,730
    From this org
    $290,736
    From related orgs
    $0
    Other
    $106,994
    Hours/week
    65

    Schedule J breakdown matched by us

    Base
    $275,418
    Bonus
    $1,991
    Other
    $13,327
    Deferred
    $78,000
    Nontaxable benefits
    $28,994
    Filer's total
    $397,730

  • Michele Wall Ma

    DIRECTOR FACILITIES AND CONTRACTS, PRIVACY MANAGEMENT

    Total calculated
    $396,579
    From this org
    $291,121
    From related orgs
    $0
    Other
    $105,458
    Hours/week
    53.75 + 1.25 related

    Schedule J breakdown matched by us

    Base
    $273,515
    Bonus
    $2,456
    Other
    $15,150
    Deferred
    $78,255
    Nontaxable benefits
    $27,203
    Filer's total
    $396,579

  • Hong Song

    DIRECTOR IT APP DEV, SYSTEM INTEGRATION & INFORMATICS

    Total calculated
    $261,308
    From this org
    $176,231
    From related orgs
    $0
    Other
    $85,077
    Hours/week
    68

    Schedule J breakdown matched by us

    Base
    $178,939
    Bonus
    $4,288
    Other
    -$6,996
    Deferred
    $51,196
    Nontaxable benefits
    $33,881
    Filer's total
    $261,308

  • Andrew Dwyer

    DIRECTOR PSYCHOMETRICS

    Total calculated
    $249,460
    From this org
    $175,738
    From related orgs
    $0
    Other
    $73,722
    Hours/week
    57

    Schedule J breakdown matched by us

    Base
    $179,250
    Bonus
    $4,222
    Other
    -$7,734
    Deferred
    $51,285
    Nontaxable benefits
    $22,437
    Filer's total
    $249,460

  • W Allen Gubert

    DIRECTOR IT ENTERPRISE INFRASTRUCTURE SYSTEMS & OPERATIONS

    Total calculated
    $242,857
    From this org
    $170,674
    From related orgs
    $0
    Other
    $72,183
    Hours/week
    52

    Schedule J breakdown matched by us

    Base
    $169,823
    Bonus
    $4,155
    Other
    -$3,304
    Deferred
    $48,588
    Nontaxable benefits
    $23,595
    Filer's total
    $242,857

  • Eric Kuthe

    DIRECTOR, FINANCIAL PLANNING & ANALYSIS

    Total calculated
    $238,496
    From this org
    $167,100
    From related orgs
    $0
    Other
    $71,396
    Hours/week
    50.25 + 1.75 related

    Schedule J breakdown matched by us

    Base
    $169,081
    Bonus
    $4,221
    Other
    -$6,202
    Deferred
    $48,376
    Nontaxable benefits
    $23,020
    Filer's total
    $238,496

  • David G Nichols MD MBA

    FORMER PRESIDENT AND CEO

    Total calculated
    $174,912
    From this org
    $174,875
    From related orgs
    $0
    Other
    $37
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $14,799
    Bonus
    $0
    Other
    $160,076
    Deferred
    $0
    Nontaxable benefits
    $37
    Filer's total
    $174,912

  • Sandra W Gainey

    FORMER VP HUMAN RESOURCES AND TEAM ALIGNMENT

    Total calculated
    $166,341
    From this org
    $166,323
    From related orgs
    $0
    Other
    $18
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $57,993
    Bonus
    $0
    Other
    $108,330
    Deferred
    $0
    Nontaxable benefits
    $18
    Filer's total
    $166,341

  • Stephanie D Davis MD

    2022 CHAIR & 2023 IMMEDIATE PAST CHAIR

    Total calculated
    $10,050
    From this org
    $10,050
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5 + 0.5 related

  • Priyanka Kaul MD

    2022 & 2023 DIRECTOR

    Total calculated
    $6,000
    From this org
    $6,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

  • Ricardo A Quinonez MD

    2022 & 2023 DIRECTOR

    Total calculated
    $6,000
    From this org
    $6,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

  • DeWAYNE M PURSLEY MD

    2022 CHAIR ELECT & 2023 CHAIR

    Total calculated
    $5,400
    From this org
    $5,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    2 + 0.5 related

  • H Stacy Nicholson MD

    2022 IMMEDIATE PAST CHAIR

    Total calculated
    $4,860
    From this org
    $4,860
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

  • LaTOSHIA T ROUSE

    2022 & 2023 PUBLIC MEMBER

    Total calculated
    $4,200
    From this org
    $4,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

  • Mary K Bissell

    2022 & 2023 PUBLIC MEMBER

    Total calculated
    $3,000
    From this org
    $3,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

  • Eric C Eichenward MD

    2022 & 2023 DIRECTOR, SUBBOARD REP

    Total calculated
    $3,000
    From this org
    $3,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

  • Robin H Steinhorn MD

    2022 DIRECTOR

    Total calculated
    $3,000
    From this org
    $3,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

  • Pamela J Simms-Mackey MD

    2022 DIRECTOR & 2023 SECRETARY-TREASURER

    Total calculated
    $2,850
    From this org
    $2,850
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

  • John A Barnard MD

    2022 SECRETARY-TREASURER & 2023 INTERIM PRESIDENT & CEO

    Total calculated
    $2,700
    From this org
    $2,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

  • Yousef Y Turshani

    2022 & 2023 DIRECTOR

    Total calculated
    $2,700
    From this org
    $2,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

  • Brad C Weselman MD

    2023 DIRECTOR

    Total calculated
    $1,500
    From this org
    $1,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

  • Terry L Noah MD

    2023 DIRECTOR, SUBBOARD REP

    Total calculated
    $0
    Hours/week
    2.5

  • Robert J Vinci MD

    2023 DIRECTOR

    Total calculated
    $0
    Hours/week
    2.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 4
Certain members of senior management receive as part of their compensation, a taxable supplemental non-qualified retirement plan. Benefits provided in the current tax year were as follows: Laurel K. Leslie MD, VP of Research $18,468; Suzanne K Woods MD, Exec VP Credentialing and Initial Certification $9,704.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • American Board of Pediatrics Collaborations LLC

    Advance healthcare for children · NC · income $21,117 · assets $138,925

    Directly controlled by American Board of Pediatrics Inc

Provenance

Return type
form_990
Tax year
2022
Filed
2 August 2024
IRS schema version
2022v5.0
Source object
202432159349301433

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.