Overview
What is American Board Of Medical Specialties Research And Education Foundation?
The American Board of Medical Specialties Research and Education Foundation is a nonprofit organization, dedicated to upholding the mission of the American Board of Medical Specialties (ABMS). This mission focuses on enhancing healthcare quality and fostering the continuous professional growth of physician specialists. To achieve these objectives, the foundation provides essential support, contributing to the overall development and advancement of medical specialists. The foundation's activities and mission center around promoting improved healthcare standards and lifelong learning opportunities for physicians in their respective specialties.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating. This rating indicates that the American Board of Medical Specialties Research And Education Foundation has significant room for improvement in its accountability and financial practices. The organization has received a score of 54% primarily due to its financial management, particularly concerning its liabilities to assets ratio and program expense ratio.
The nonprofit exhibits some organizational strengths, such as having a wholly independent board and policies in place for conflict of interest, whistleblower protection, and document retention. These factors indicate a commitment to transparency and ethical governance. However, the absence of a tax form on its website raises concerns about financial accessibility and transparency for stakeholders.
Despite some positive governance measures, the low program expense ratio of 34.56% suggests that a smaller portion of its budget is dedicated to its programs compared to administrative costs. This can detract from the overall effectiveness of its charitable mission, prompting potential donors and stakeholders to consider these factors critically when evaluating the organization's impact.
This AI summary has been generated from information found on Charity Navigator.
Is American Board Of Medical Specialties Research And Education Foundation legitimate?
American Board Of Medical Specialties Research And Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Board Of Medical Specialties Research And Education Foundation submitted a form 990EZ, 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.
What is the mission statement of American Board Of Medical Specialties Research And Education Foundation?
The American Board of Medical Specialties Research and Education Foundation is a non-profit organization committed to upholding the mission of the American Board of Medical Specialties. This mission involves enhancing the quality of healthcare and fostering the ongoing professional growth of physician specialists through continuous education. The foundation supports this objective, contributing to the betterment of the healthcare sector.
Who is the CEO of American Board Of Medical Specialties Research And Education Foundation?
Jennifer Michael is the Chief Operating Officer of American Board Of Medical Specialties Research And Education Foundation. The CEO's salary of American Board Of Medical Specialties Research And Education Foundation is $15,900 and their total compensation is $15,900.
What is the revenue of American Board Of Medical Specialties Research And Education Foundation?
American Board Of Medical Specialties Research And Education Foundation's revenue in 2022 was $65,835.
Who are the executives of American Board Of Medical Specialties Research And Education Foundation and what are their salaries?
Here are 12 key members and their salaries (American Board Of Medical Specialties Research And Education Foundation's CEO's salary is $15,900 and their total compensation is $15,900):
- Compensation: $15,900
- Related: $0
- Other: $0
- Compensation: $9,414
- Related: $0
- Other: $0
- Compensation: $7,053
- Related: $0
- Other: $0
- Compensation: $4,754
- Related: $0
- Other: $0
- Compensation: $4,969
- Related: $0
- Other: $0
- Compensation: $2,273
- Related: $0
- Other: $0
- Compensation: $2,273
- Related: $0
- Other: $0
- Compensation: $2,273
- Related: $0
- Other: $0
- Compensation: $2,273
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for American Board Of Medical Specialties Research And Education Foundation?
American Board Of Medical Specialties Research And Education Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of American Board Of Medical Specialties Research And Education Foundation
The American Board of Medical Specialties Research and Education Foundation is a not-for-profit organization committed to upholding and advancing the mission of the American Board of Medical Specialties (ABMS). This mission revolves around enhancing the quality of healthcare and fostering the ongoing professional growth of physician specialists. By supporting the ABMS, the Foundation plays a significant role in promoting continuous learning and development within the medical specialist community, thereby contributing to improved healthcare outcomes.
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Impact
October, 2024
The American Board of Medical Specialties Research and Education Foundation significantly impacts health care quality and the continuous professional development of physician specialists. By supporting research initiatives, it fosters a deeper understanding of medical practices and innovations that enhance patient care outcomes. The Foundation's commitment to education ensures that specialists stay updated with the latest advancements in their fields, ultimately translating to improved health services.
Through targeted funding and resources, the Foundation enables critical studies and educational programs that address current challenges in the medical community. Its role in advancing knowledge not only benefits individual practitioners but also contributes to systemic improvements in health care delivery. The Foundation's efforts are instrumental in bridging gaps in medical education and research, thereby promoting overall public health advancements.
This information is meant to be a general summary of American Board Of Medical Specialties Research And Education Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,335
- Gross Receipts: $65,835
Assets and Liabilities:
- Total Assets: $238,595
- Total Liabilities: $2,397,912
- Net Assets: -$2,159,317
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Organization Details
Phone
(312) 436-2600Principal Officer
Jennifer Michael
Main Address
353 NORTH CLARK STREET 1400, CHICAGO, IL, 60654
NTEE Category
Code: H11 - Medical research
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