Form 990 for tax year 2025
Filed by AMERICAN BOARD OF MEDICAL SPECIALTIES RESEARCH & EDUCATION F.
Totals
- Total revenue
- $6,664,147
- Total expenses
- $1,878,040
- Contributions and grants received
- $6,657,820
- Grants paid
- $526,007
- Program service revenue
- $0
- Investment income
- $6,327
- Other revenue
- $0
- Total assets, end of year
- $527,780
- Total liabilities, end of year
- $311,280
- Net assets or fund balances, end of year
- $216,500
- Program services expenses (Part IX)
- $1,002,587
- Management and general expenses
- $875,453
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,002,587
Program services were 53.4% 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.
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1d · Related organizations
$6,462,820
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1f · All other contributions, gifts and grants
$195,000
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3 · Investment income
total $6,327 · excluded $6,327
Functional expenses
Part IX, the statement of functional expenses.
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1 · Grants to domestic organizations and governments
total $526,007 · program services $526,007
-
5 · Compensation of officers, directors and key employees
total $267,530 · program services $14,322 · management and general $253,208
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7 · Other salaries and wages
total $462,972 · program services $83,041 · management and general $379,931
-
8 · Pension plan contributions
total $27,109 · program services $5,746 · management and general $21,363
-
9 · Other employee benefits
total $40,450 · program services $9,198 · management and general $31,252
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10 · Payroll taxes
total $43,466 · program services $7,906 · management and general $35,560
-
11a · Fees: management
total $217,439 · program services $217,439
-
11b · Fees: legal
total $32,248 · program services $32,248
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11c · Fees: accounting
total $12,349 · program services $8,745 · management and general $3,604
-
11f · Fees: investment management
total $886 · management and general $886
-
11g · Fees: other
total $750 · program services $750
-
12 · Advertising and promotion
total $4,614 · program services $770 · management and general $3,844
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13 · Office expenses
total $11,952 · program services $10,539 · management and general $1,413
-
14 · Information technology
total $46,235 · program services $8,366 · management and general $37,869
-
16 · Occupancy
total $74,915 · management and general $74,915
-
17 · Travel
total $8,293 · program services $8,293
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19 · Conferences, conventions and meetings
total $69,217 · program services $69,217
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22 · Depreciation, depletion and amortization
total $10,407 · management and general $10,407
-
23 · Insurance
total $21,201 · management and general $21,201
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $241,213 · end of year $121,253
-
4 · Accounts receivable
beginning of year $0 · end of year $219,186
-
9 · Prepaid expenses and deferred charges
beginning of year $1,515 · end of year $841
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11 · Investments: publicly traded securities
beginning of year $180,845 · end of year $186,500
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17 · Accounts payable and accrued expenses
beginning of year $555,185 · end of year $311,280
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25 · Other liabilities
beginning of year $4,455,164 · end of year $0
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27 · Net assets without donor restrictions
beginning of year -$4,827,621 · end of year $0
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28 · Net assets with donor restrictions
beginning of year $240,845 · end of year $216,500
Mission and programs · 2025
Mission
THROUGH ITS ACTIVITIES, ABMS REF SUPPORTS THE SCIENTIFIC, SCHOLARLY AND PUBLIC EDUCATION PURPOSES OF ABMS BY ENCOURAGING AND CONDUCTING RESEARCH TO (1) IMPROVE MEASUREMENT, ASSESSMENT, AND EVALUATION OF THE EDUCATIONAL, SCIENTIFIC, CLINICAL, AND (CONTINUED ON SCH O) PROFESSIONAL QUALIFICATIONS AND PERFORMANCE OF PHYSICIANS AND MEDICAL SPECIALISTS; (2) CONDUCT EDUCATIONAL PROGRAMS AND DISSEMINATE INFORMATION TO THE PUBLIC TO ASSIST IN THE RECOGNITION, EVALUATION, AND UNDERSTANDING OF THE SIGNIFICANCE AND IMPORTANCE OF BOARD CERTIFICATION OF PHYSICIAN AND MEDICAL SPECIALISTS; AND (3) FOSTER NATIONAL AND INTERNATIONAL COOPERATION AND THE EXCHANGE OF INFORMATION RELATED TO INITIAL CERTIFICATION, CONTINUING CERTIFICATION AND ONGOING PROFESSIONAL DEVELOPMENT.
Activities or mission (Part I)
ABMS RESEARCH AND EDUCATION FOUNDATION (ABMS REF) SUPPORTS THE SCIENTIFIC, (CONTINUED ON SCH O) SCHOLARLY AND PUBLIC EDUCATION PURPOSES OF THE AMERICAN BOARD OF MEDICAL SPECIALTIES (ABMS).
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THE ABMS REF GRANT PROGRAM FUNDS INDEPENDENT AND INNOVATIVE RESEARCH THAT EXPLORES THE IMPACT OF BOARD CERTIFICATION, WORKING TO ENHANCE HEALTH CARE QUALITY AND PROFESSIONAL STANDARDS, AND GATHERING INSIGHTS AND INFORM IMPROVEMENTS IN THE STRUCTURE, PROCESSES, AND OUTCOMES OF MEDICAL SPECIALTY CERTIFICATION. A KEY OBJECTIVE OF THE GRANT PROGRAM IS TO FACILITATE A COMMUNITY OF RESEARCH FOCUSED ON BOARD CERTIFICATION. THE PROGRAM FOSTERS GRANTEE INTERACTIONS WITH EACH OTHER, AND THE ABMS MEMBER BOARDS. THE REF ALSO OVERSEES THE ABMS SCHOLARS PROGRAM, FOSTERING EARLY-CAREER PHYSICIANS AND RESEARCH PROFESSIONALS AND FACILITATING LEADERSHIP DEVELOPMENT THROUGH ENGAGEMENT WITH ABMS AND THE BROADER CERTIFICATION COMMUNITY.
Expenses $529,512 · Grants $300,000
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THE ABMS REF OVERSEES THE IMPLEMENTATION AND COORDINATION OF THE ABMS SCHOLARS PROGRAM (SP). THE SP IS ESTABLISHED TO SUPPORT RESEARCH PROJECTS OF EARLY-CAREER PHYSICIANS, MEDICAL AND SURGICAL SPECIALISTS, AND RESEARCH PROFESSIONALS, JUNIOR FACULTY, FELLOWS, AND RESIDENTS, AS WELL AS INDIVIDUALS HOLDING MASTER OR DOCTORATE DEGREES IN PUBLIC HEALTH, HEALTH SERVICES RESEARCH, EDUCATIONAL EVALUATION AND STATISTICS, PUBLIC HEALTH POLICY AND ADMINISTRATION, OR OTHER RELEVANT DISCIPLINES.SP PARTICIPANTS ARE EXPOSED TO THE FIELDS OF PHYSICIAN AND MEDICAL SPECIALISTS PROFESSIONAL ASSESSMENT AND CONTINUING PROFESSIONAL DEVELOPMENT, QUALITY IMPROVEMENT, HEALTH CARE (CONTINUED ON SCH O) POLICY AND REGULATION, AND HEALTH SERVICES RESEARCH. SP PARTICIPANTS CONDUCT RESEARCH IN COLLABORATION WITH MENTORS FROM THEIR INSTITUTIONS, ABMS, AND ABMS MEMBER BOARDS. THROUGH THEIR RESEARCH AND PROGRAM ENGAGEMENT, SCHOLARS INFORM THE STUDY OF CONTINUING PROFESSIONAL DEVELOPMENT, PHYSICIAN ASSESSMENT, SELF-REGULATION, AND QUALITY IMPROVEMENT.
Expenses $302,206 · Grants $226,007
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THE ABMS REF SYNERGIZES, GUIDES, CONVENES, FACILITATES, CONDUCTS, AND COLLABORATES IN RELATION TO ALL ASPECTS OF RESEARCH REGARDING ABMS INITIAL AND CONTINUING CERTIFICATION ACROSS THE 24 ABMS MEMBER BOARDS. THE ABMS REF ALSO PARTNERS WITH OTHER RESEARCHERS TO DEVELOP RESEARCH PROJECTS IN THE AREAS OF QUALITY AND PERFORMANCE IMPROVEMENT, PATIENT SAFETY, PHYSICIAN AND MEDICAL SPECIALISTS' LEARNING AND EDUCATION, RESEARCH AND EDUCATION FOUNDATIONS/ORGANIZATIONS AND OTHER DISCIPLINES. THE ABMS REF CONDUCTS PROGRAM EVALUATION AND RESEARCH ON THE ABMS LONGITUDINAL ASSESSMENT PROGRAMS' ABILITY TO SUCCESSFULLY ANALYZE PHYSICIAN KNOWLEDGE, JUDGEMENT, AND SKILLS.
Expenses $149,823
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THE ABMS REF DEVELOPS, DEPLOYS, MAINTAINS, AND IMPROVES AN ONLINE REPOSITORY OF PUBLISHED LITERATURE AND OTHER PRESENTATIONS ON INITIAL PHYSICIAN SPECIALTY CERTIFICATION, CONTINUING PHYSICIAN SPECIALTY CERTIFICATION, AS WELL AS COMPONENTS OF CONTINUOUS CERTIFICATION SUCH AS KNOWLEDGE ASSESSMENT, PHYSICIANS AND MEDICAL SPECIALISTS' LEARNING AND EDUCATION, AND QUALITY IMPROVEMENT. THIS CURATED REPOSITORY INFORMS RESEARCHERS, KEY STAKEHOLDERS AND ABMS MEMBER BOARDS REGARDING FINDINGS THAT CAN BE USED TO IMPROVE THE CERTIFICATION PROCESS.
Expenses $21,046
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TOTAL PROGRAM SERVICE EXPENSES: $1,002,588
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
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Richard E Hawkins MDRICHARD E HAWKINS MD
PRESIDENT & CEO
- Total calculated
- $953,044
- From this org
- $43,098
- From related orgs
- $818,864
- Other
- $91,082
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $38,702 + $735,342 related
- Bonus
- $2,746 + $52,166 related
- Other
- $1,650 + $31,356 related
- Deferred
- $2,308 + $43,843 related
- Nontaxable benefits
- $2,247 + $42,684 related
- Filer's total
- $47,653 + $905,391 related
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Rebecca L Johnson MDREBECCA L JOHNSON MD
IMMEDIATE PAST CHAIR (AS OF 07/25)
- Total calculated
- $25,000
- From this org
- $2,500
- From related orgs
- $22,500
- Other
- $0
- Hours/week
- 1 + 10 related
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Larry A Green MDLARRY A GREEN MD
IMMEDIATE PAST CHAIR (THRU 06/25)
- Total calculated
- $12,500
- From this org
- $1,250
- From related orgs
- $11,250
- Other
- $0
- Hours/week
- 1 + 10 related
-
Susan Ramin MDSUSAN RAMIN MD
CHAIR-ELECT (AS OF 07/25)
- Total calculated
- $25,000
- From this org
- $2,500
- From related orgs
- $22,500
- Other
- $0
- Hours/week
- 1 + 10 related
-
J Brantley Thrasher MD FacsJ BRANTLEY THRASHER MD FACS
CHAIR (AS OF 07/25)
- Total calculated
- $25,000
- From this org
- $2,500
- From related orgs
- $22,500
- Other
- $0
- Hours/week
- 1 + 10 related
-
Warren P Newton MD MPHWARREN P NEWTON MD MPH
SECRETARY-TREASURER (AS OF 07/25)
- Total calculated
- $12,500
- From this org
- $1,250
- From related orgs
- $11,250
- Other
- $0
- Hours/week
- 1 + 10 related
-
Keith Brandt MDKEITH BRANDT MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Michael R Nelson MD PhDMICHAEL R NELSON MD PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Brian Nussenbaum MD MhcmBRIAN NUSSENBAUM MD MHCM
DIRECTOR (AS OF 07/25)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Donald J Palmisano Jr JDDONALD J PALMISANO JR JD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Gregory Ogrinc MDGREGORY OGRINC MD
SVP, CERT STANDARD & PRGM
- Total calculated
- $596,993
- From this org
- $100,667
- From related orgs
- $402,664
- Other
- $93,662
- Hours/week
- 10 + 40 related
Schedule J breakdown matched by us
- Base
- $74,142 + $296,566 related
- Bonus
- $7,976 + $31,904 related
- Other
- $18,549 + $74,194 related
- Deferred
- $9,230 + $36,920 related
- Nontaxable benefits
- $9,502 + $38,010 related
- Filer's total
- $119,399 + $477,594 related
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Jennifer MichaelJENNIFER MICHAEL
CHIEF OPERATING OFFICER
- Total calculated
- $473,001
- From this org
- $11,456
- From related orgs
- $370,404
- Other
- $91,141
- Hours/week
- 1.5 + 48.5 related
Schedule J breakdown matched by us
- Base
- $10,446 + $337,763 related
- Bonus
- $1,010 + $32,641 related
- Other
- $0
- Deferred
- $1,398 + $45,217 related
- Nontaxable benefits
- $1,336 + $43,190 related
- Filer's total
- $14,190 + $458,811 related
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Carrie RadabaughCARRIE RADABAUGH
SVP, GOVERNANCE AND BOARD RELATIONS
- Total calculated
- $423,035
- From this org
- $16,183
- From related orgs
- $316,974
- Other
- $89,878
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $14,587 + $286,652 related
- Bonus
- $1,569 + $29,802 related
- Other
- $27 + $520 related
- Deferred
- $2,247 + $42,698 related
- Nontaxable benefits
- $2,247 + $42,686 related
- Filer's total
- $20,677 + $402,358 related
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Stephanie Donovan JDSTEPHANIE DONOVAN JD
CHIEF LEGAL OFFICER
- Total calculated
- $422,502
- From this org
- $16,709
- From related orgs
- $317,462
- Other
- $88,331
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $15,345 + $291,546 related
- Bonus
- $1,364 + $25,916 related
- Other
- $0
- Deferred
- $2,275 + $43,219 related
- Nontaxable benefits
- $2,142 + $40,695 related
- Filer's total
- $21,126 + $401,376 related
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Julie HubbardJULIE HUBBARD
CHIEF FINANCIAL OFFICER
- Total calculated
- $344,880
- From this org
- $29,003
- From related orgs
- $261,023
- Other
- $54,854
- Hours/week
- 5 + 45 related
Schedule J breakdown matched by us
- Base
- $26,458 + $238,118 related
- Bonus
- $2,545 + $22,905 related
- Other
- $0
- Deferred
- $3,828 + $34,455 related
- Nontaxable benefits
- $1,657 + $14,914 related
- Filer's total
- $34,488 + $310,392 related
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
- 1a · First-class or charter travel
- 1a · Discretionary spending account
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- FIRST-CLASS OR CHARTER TRAVEL PER THE TERMS OF HIS EMPLOYMENT CONTRACT, THE ABMS PRESIDENT AND CHIEF EXECUTIVE OFFICER ARE PERMITTED TO FLY FIRST CLASS FOR ORGANIZATION-RELATED BUSINESS ON FLIGHTS THAT ARE THREE HOURS IN DURATION OR LONGER. THIS BENEFIT IS NOT TAXABLE AS COMPENSATION.
- PART I, LINE 3
- METHODS USED TO ESTABLISH COMPENSATION OF CHIEF EXECUTIVE OFFICER/EXECUTIVE DIRECTOR TO ESTABLISH COMPENSATION OF THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER/EXECUTIVE DIRECTOR, THE RELATED ORGANIZATION UTILIZES THE FOLLOWING: EXECUTIVE COMMITTEE, COMPARABILITY DATA, AND APPROVAL BY THE ABMS BOARD OF DIRECTORS OR EXECUTIVE COMMITTEE.
- PART I, LINE 7
- NON-FIXED PAYMENTS FOR THOSE INDIVIDUALS LISTED IN FORM 990, PART VII, SECTION A, LINE 1A, WHO ARE ELIGIBLE, BONUSES ARE PAID PURSUANT TO THEIR OFFER LETTERS. SUCH OFFER LETTERS GENERALLY STIPULATE THAT ELIGIBILITY FOR A DISCRETIONARY ANNUAL BONUS IS BASED UPON ORGANIZATIONAL PERFORMANCE, MEETING BONUS ELIGIBILITY REQUIREMENTS AND THE DISCRETION OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER.
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
-
$75,000
REF RESEARCH GRANT
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REF RESEARCH GRANT
-
REF RESEARCH GRANT
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UNIVERSITY OF ALABAMA AT BIRMINGHAM
$75,000
REF RESEARCH GRANT
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OREGON HEALTH AND SCIENCE UNIVERSITY
$15,000
ABMS SCHOLARS PROGRAM
-
ABMS SCHOLARS PROGRAM
-
ABMS SCHOLARS PROGRAM
-
ABMS SCHOLARS PROGRAM
-
ABMS SCHOLARS PROGRAM
-
ABMS SCHOLARS PROGRAM
The 10 largest by cash amount. The API serves every itemized grant.
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.
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AMERICAN BOARD OF MEDICAL SPECIALTIES
501(C)(6) · CERTIFICATION · IL
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 8 September 2026
- IRS schema version
- 2025v4.2
- Source object
- 202622519349302022
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