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National Board Of Medical Examiners

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 231352238 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is National Board Of Medical Examiners?

The National Board of Medical Examiners (NBME) is a US-based nonprofit organization located in Philadelphia, Pennsylvania. Their primary mission is to safeguard public health through rigorous assessment of healthcare professionals. They are renowned for administering the United States Medical Licensing Examination (USMLE), a three-step evaluation used for medical licensure in the United States. The examination is a collaborative effort between the Federation of State Medical Boards (FSMB) and NBME. By evaluating a physician's ability to apply essential knowledge and principles to patient care, NBME ensures the delivery of safe, effective medical services. The organization maintains a staff of 587 employees and is dedicated to advancing assessment methodologies for various health professionals, with a focus on research and the development of cutting-edge evaluation tools. For additional information, please visit www.nbme.org.


Official website here: www.nbme.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The National Board Of Medical Examiners has received a high rating of 96% from Charity Navigator, indicating strong performance in accountability and finance. This Four-Star rating reflects the organization's commitment to transparency, with all financial practices thoroughly audited and oversight mechanisms in place. They boast a majority of independent board members, which enhances governance and reduces conflicts of interest.

Strengths of the organization include a solid program expense ratio of 81.15%, demonstrating that a significant portion of expenses is directed towards fulfilling its mission. Additionally, the organization is compliant with essential policies, such as conflict of interest and whistleblower policies, which contribute to its ethical operations. The absence of any material diversion of assets further underscores its integrity.

However, while the financial metrics are impressive, the summary does not provide insights into the specific programs or services offered, which could help contextualize the impact of the organization’s financial management. Overall, the National Board Of Medical Examiners stands out for its financial health and governance practices.


This AI summary has been generated from information found on Charity Navigator.

Is National Board Of Medical Examiners legitimate?

National Board Of Medical Examiners is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Board Of Medical Examiners submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $4,734,957
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,449,222

For more financial information, click here


Official website here: www.nbme.org

What is the mission statement of National Board Of Medical Examiners?

The National Board of Medical Examiners (NBME) is dedicated to safeguarding public health through rigorous assessment of health professionals. This mission extends beyond physicians to encompass a range of health professionals throughout their educational journey, training, and practice. Additionally, NBME engages in research to advance evaluation techniques and develop assessment tools. For more information, please refer to their website at www.nbme.org.


Official website here: www.nbme.org

Who is the CEO of National Board Of Medical Examiners?

Reena Karani is the Treasurer of National Board Of Medical Examiners. The CEO's salary of National Board Of Medical Examiners is $1,028,647 and their total compensation is $1,370,248.


Official website here: www.nbme.org

What is the revenue of National Board Of Medical Examiners?

National Board Of Medical Examiners's revenue in 2022 was $170,264,713.


Official website here: www.nbme.org

Who are the executives of National Board Of Medical Examiners and what are their salaries?

The average compensation at National Board Of Medical Examiners during 2022 was $100,825. There are 587 employees and 559 volunteers at National Board Of Medical Examiners.


Here are 29 key members and their salaries (National Board Of Medical Examiners's CEO's salary is $1,028,647 and their total compensation is $1,370,248):


Peter J Katsufrakis (President & Ceo)
  • Compensation: $1,028,647
  • Related: $0
  • Other: $341,601
Michael G Jodoin (Svp, C&P Mgmt)
  • Compensation: $377,735
  • Related: $0
  • Other: $189,146
John J Hinke Jr (Svp & Cfo)
  • Compensation: $334,816
  • Related: $0
  • Other: $219,689
Agata P Butler (Vp, Acad & Profess)
  • Compensation: $328,815
  • Related: $0
  • Other: $215,923
Linda M Gadsby (Svp, Gen Couns)
  • Compensation: $386,744
  • Related: $0
  • Other: $146,043
Ye Tong (Svp, Assessment)
  • Compensation: $383,611
  • Related: $0
  • Other: $148,419
Michael A Barone (Vp, Cba)
  • Compensation: $394,457
  • Related: $0
  • Other: $119,374
Brian E Clauser (Dist Research Sci)
  • Compensation: $327,664
  • Related: $0
  • Other: $177,962
Lisa M Rawding (Svp, Growth)
  • Compensation: $396,978
  • Related: $0
  • Other: $92,134
Christopher A Feddock (Avp, Cba)
  • Compensation: $384,992
  • Related: $0
  • Other: $94,061
Alex J Mechaber (Vp, Usmle)
  • Compensation: $374,364
  • Related: $0
  • Other: $88,462
Andrew F Farella (Svp & Cio)
  • Compensation: $308,495
  • Related: $0
  • Other: $146,242
Kenneth W Ridgley (Vp, Test Dev Srvs)
  • Compensation: $311,636
  • Related: $0
  • Other: $106,412
Pamela L Treves (Svp, Growth)
  • Compensation: $282,330
  • Related: $0
  • Other: $130,469
Janelle R Endres (Vp, Human Resources)
  • Compensation: $219,854
  • Related: $0
  • Other: $151,524
Elisa K Moll (Vp, Strategy Management)
  • Compensation: $215,108
  • Related: $0
  • Other: $82,863
Susan A Deitch (Secretary)
  • Compensation: $177,051
  • Related: $0
  • Other: $116,375
Craig N Mills (Svp, Sd&D)
  • Compensation: $212,072
  • Related: $0
  • Other: $0
Alfred F Tallia (Chair)
  • Compensation: $10,631
  • Related: $0
  • Other: $0
Reena Karani (Treasurer)
  • Compensation: $4,876
  • Related: $0
  • Other: $0
Maya Hammoud (Director)
  • Compensation: $3,917
  • Related: $0
  • Other: $0
Danny M Takanishi Jr (Director)
  • Compensation: $3,848
  • Related: $0
  • Other: $0
Latha Chandran (Vice Chair)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Marie Foley (Director)
  • Compensation: $2,700
  • Related: $0
  • Other: $0
Zachary E Weismann (Director)
  • Compensation: $2,334
  • Related: $0
  • Other: $0
David A Milling (Director)
  • Compensation: $2,057
  • Related: $0
  • Other: $0
Suzanne T Anderson (Past Chair)
  • Compensation: $1,992
  • Related: $0
  • Other: $0
Kamili A Wilson (Director)
  • Compensation: $1,050
  • Related: $0
  • Other: $0
Karen M Sanders (Director)
  • Compensation: $747
  • Related: $0
  • Other: $0


Official website here: www.nbme.org

Where can I find the form 990 for National Board Of Medical Examiners?

National Board Of Medical Examiners's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nbme.org

Learn more at the official website: www.nbme.org

Mission Statement of National Board Of Medical Examiners

The National Board of Medical Examiners (NBME) is a dedicated organization with a mission to safeguard public health through advanced assessment of healthcare professionals. Headquartered in the heart of the health sector, the NBME's primary focus lies in evaluating physicians, and yet its reach extends to encompass a broader range of health professionals as they progress through their educational journey.

In pursuit of this mission, NBME employs state-of-the-art assessment methods, ensuring a robust and reliable assessment process. The organization's commitment to the realm of health education, training, and practice is further underscored by its involvement in research related to evaluation techniques. Moreover, NBME is renowned for its development of innovative assessment instruments, continually striving to uphold the highest standards in the field.

By taking a comprehensive approach to assessment, the National Board of Medical Examiners plays a vital role in safeguarding the public's health. Its diverse offerings extend beyond the realm of physician assessment, making it an essential player in the health sector's continuous learning and development landscape.

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Impact




October, 2024

The National Board of Medical Examiners (NBME) plays a critical role in safeguarding public health through its comprehensive assessment of health professionals. One significant impact of the NBME is its administration of the United States Medical Licensing Examination (USMLE), a rigorous three-step examination that is essential for medical licensure in the United States.

Through the USMLE, the NBME evaluates a physician's ability to apply essential knowledge and principles in health and disease, ensuring that those who are licensed to practice medicine meet high standards of competency. This process not only supports medical licensing authorities but also enhances the quality of healthcare by ensuring that physicians possess the necessary skills for safe and effective patient care.

Moreover, the NBME’s commitment to continual improvement and leadership in developing high-quality assessments contributes to the ongoing education and training of health professionals. Its research in evaluation aids in refining assessment tools, impacting the spectrum of healthcare education and practice. The NBME thus serves a vital function in promoting health and safety across the healthcare system.




This information is meant to be a general summary of National Board Of Medical Examiners. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$170,264,713 (2022)
Expenses
$147,523,156 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15,479,983
  • Program Service Revenue: $154,830,109
  • Gross Receipts: $205,089,101

Assets and Liabilities:

  • Total Assets: $408,783,672
  • Total Liabilities: $125,132,815
  • Net Assets: $283,650,857

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Custom Programs

Revenue

$11,606,345

Medical School Services

Revenue

$39,209,443

USMLE

Revenue

$104,014,321

Organization Details

Founding Year

1915

Principal Officer

Reena Karani

Main Address

3750 Market Street, Philadelphia, PA, 19104

NTEE Category

Code: E030 - Health

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