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Nonprofiteer
← NATIONAL BOARD OF MEDICAL EXAMINERS

Form 990 for tax year 2023

Filed by NATIONAL BOARD OF MEDICAL EXAMINERS.

Totals

Total revenue
$174,159,356
Total expenses
$163,735,447
Contributions and grants received
$0
Grants paid
$1,373,496
Program service revenue
$163,555,906
Investment income
$10,615,609
Other revenue
-$12,159
Total assets, end of year
$444,844,524
Total liabilities, end of year
$119,139,527
Net assets or fund balances, end of year
$325,704,997
Program services expenses (Part IX)
$132,125,363
Management and general expenses
$31,610,084
Fundraising expenses
$0
Program service expenses (Part III)
$132,125,363

Program services were 80.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Peter J Katsufrakis

    President & CEO

    Total calculated
    $1,597,002
    From this org
    $1,240,803
    From related orgs
    $0
    Other
    $356,199
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $840,105
    Bonus
    $137,384
    Other
    $263,314
    Deferred
    $344,359
    Nontaxable benefits
    $11,840
    Filer's total
    $1,597,002

  • John J Hinke Jr

    SVP & CFO

    Total calculated
    $549,793
    From this org
    $345,237
    From related orgs
    $0
    Other
    $204,556
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $349,497
    Bonus
    not reported
    Other
    -$4,260
    Deferred
    $173,021
    Nontaxable benefits
    $31,535
    Filer's total
    $549,793

  • Michael G Jodoin

    SVP, C&P Mgmt

    Total calculated
    $536,359
    From this org
    $381,908
    From related orgs
    $0
    Other
    $154,451
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $386,650
    Bonus
    not reported
    Other
    -$4,742
    Deferred
    $124,122
    Nontaxable benefits
    $30,329
    Filer's total
    $536,359

  • Michael A Barone

    VP, CBA

    Total calculated
    $516,315
    From this org
    $414,880
    From related orgs
    $0
    Other
    $101,435
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $417,427
    Bonus
    not reported
    Other
    -$2,547
    Deferred
    $70,060
    Nontaxable benefits
    $31,375
    Filer's total
    $516,315

  • Ye Tong

    SVP, Assessment

    Total calculated
    $507,787
    From this org
    $385,616
    From related orgs
    $0
    Other
    $122,171
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $383,724
    Bonus
    $10,000
    Other
    -$8,108
    Deferred
    $90,797
    Nontaxable benefits
    $31,374
    Filer's total
    $507,787

  • Linda M Gadsby

    SVP, Gen Couns

    Total calculated
    $499,729
    From this org
    $385,923
    From related orgs
    $0
    Other
    $113,806
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $383,563
    Bonus
    not reported
    Other
    $2,360
    Deferred
    $102,591
    Nontaxable benefits
    $11,215
    Filer's total
    $499,729

  • Brian E Clauser

    Dist Research Sci

    Total calculated
    $484,210
    From this org
    $322,091
    From related orgs
    $0
    Other
    $162,119
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $311,371
    Bonus
    $7,784
    Other
    $2,936
    Deferred
    $137,233
    Nontaxable benefits
    $24,886
    Filer's total
    $484,210

  • Pamela L Treves

    SVP, Growth

    Total calculated
    $467,842
    From this org
    $334,143
    From related orgs
    $0
    Other
    $133,699
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $340,600
    Bonus
    not reported
    Other
    -$6,457
    Deferred
    $102,604
    Nontaxable benefits
    $31,095
    Filer's total
    $467,842

  • Andrew F Farella

    SVP & CIO

    Total calculated
    $460,190
    From this org
    $329,701
    From related orgs
    $0
    Other
    $130,489
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $324,880
    Bonus
    not reported
    Other
    $4,821
    Deferred
    $105,869
    Nontaxable benefits
    $24,620
    Filer's total
    $460,190

  • Christopher A Feddock

    AVP, CBA

    Total calculated
    $450,915
    From this org
    $394,321
    From related orgs
    $0
    Other
    $56,594
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $391,533
    Bonus
    not reported
    Other
    $2,788
    Deferred
    $46,494
    Nontaxable benefits
    $10,100
    Filer's total
    $450,915

  • Alex J Mechaber

    VP, USMLE

    Total calculated
    $445,156
    From this org
    $389,958
    From related orgs
    $0
    Other
    $55,198
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $386,650
    Bonus
    not reported
    Other
    $3,308
    Deferred
    $52,671
    Nontaxable benefits
    $2,527
    Filer's total
    $445,156

  • Kenneth W Ridgley

    VP, Test Dev Srvs

    Total calculated
    $405,421
    From this org
    $327,504
    From related orgs
    $0
    Other
    $77,917
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $332,718
    Bonus
    not reported
    Other
    -$5,214
    Deferred
    $46,566
    Nontaxable benefits
    $31,351
    Filer's total
    $405,421

  • Janelle R Endres

    VP, Human Resources

    Total calculated
    $361,636
    From this org
    $255,162
    From related orgs
    $0
    Other
    $106,474
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $258,630
    Bonus
    not reported
    Other
    -$3,468
    Deferred
    $76,266
    Nontaxable benefits
    $30,208
    Filer's total
    $361,636

  • Antionette Crockrell

    VP, Business Dev

    Total calculated
    $345,505
    From this org
    $276,661
    From related orgs
    $0
    Other
    $68,844
    Hours/week
    45 + 2 related

    Schedule J breakdown matched by us

    Base
    $274,948
    Bonus
    not reported
    Other
    $1,713
    Deferred
    $57,296
    Nontaxable benefits
    $11,548
    Filer's total
    $345,505

  • Elisa K Moll

    VP, Strategy Management

    Total calculated
    $309,778
    From this org
    $236,855
    From related orgs
    $0
    Other
    $72,923
    Hours/week
    45 + 2 related

    Schedule J breakdown matched by us

    Base
    $242,820
    Bonus
    not reported
    Other
    -$5,965
    Deferred
    $42,778
    Nontaxable benefits
    $30,145
    Filer's total
    $309,778

  • Susan A Deitch

    Secretary

    Total calculated
    $297,639
    From this org
    $184,371
    From related orgs
    $0
    Other
    $113,268
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $165,235
    Bonus
    not reported
    Other
    $19,136
    Deferred
    $88,534
    Nontaxable benefits
    $24,734
    Filer's total
    $297,639

  • Lisa M Rawding

    SVP, Growth & Innovation

    Total calculated
    $183,344
    From this org
    $183,344
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    not reported
    Bonus
    not reported
    Other
    $183,344
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $183,344

  • Uchenna C Kwentoh

    VP, Marketing & Strategic Comm

    Total calculated
    $174,095
    From this org
    $149,700
    From related orgs
    $0
    Other
    $24,395
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $153,654
    Bonus
    not reported
    Other
    -$3,954
    Deferred
    $3,525
    Nontaxable benefits
    $20,870
    Filer's total
    $174,095

  • Reena Karani

    Chair

    Total calculated
    $6,757
    From this org
    $6,757
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Maya Hammoud

    Director

    Total calculated
    $6,608
    From this org
    $6,608
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Patricia A King

    Director

    Total calculated
    $5,306
    From this org
    $5,306
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • David A Milling

    Treasurer

    Total calculated
    $5,015
    From this org
    $5,015
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Danny M Takanishi Jr

    Director

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

  • Joshua D Nosanchuk

    Director

    Total calculated
    $2,503
    From this org
    $2,503
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Marie Foley

    Vice Chair

    Total calculated
    $2,487
    From this org
    $2,487
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Alfred F Tallia

    Past Chair

    Total calculated
    $1,503
    From this org
    $1,503
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Jon Thomas

    Director

    Total calculated
    $1,400
    From this org
    $1,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Suzanne T Anderson

    Director

    Total calculated
    $1,300
    From this org
    $1,300
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Zachary E Weismann

    Director

    Total calculated
    $1,300
    From this org
    $1,300
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Kamili A Wilson

    Director

    Total calculated
    $1,000
    From this org
    $1,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

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 · Travel for companions
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 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)

Part I, Line 1a: Relevant information in regards to selections on 1a.
Travel PolicyNBME's Business Travel policy states that the most cost effective options available based on the traveler's requested itinerary should be made. First-class travel and travel for companions are not specifically authorized in the policy. In limited circumstances, certain NBME Officers and Key Employees may be permitted first-class travel if authorized by the President. First-class travel and companion travel for the President are included in the compensation package. The cost incurred for travel for companions is included in the employee's taxable earnings.
Part III, Additional Information
The amounts reflected on Schedule J, Column C Retirement and other deferred compensation include an estimate of the annual increase in the actuarial present value of each employees benefit to be received at retirement under NBMEs defined benefit plan. In addition, column C includes the amount contributed by NBME to an eligible employee's defined contribution plan, as well as earnings accrued under the Executive Deferred Compensation Plan where applicable. The amount in column C does not represent an actual cash payment to the employee during the year, but an estimate of the accrued benefit during the year to be received at a later date or at the time of retirement.

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

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.

  • NBHWC

    501(c)(6) · Health & Wellness Coaching · DE · controlled entity

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202403209349311880

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

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