Overview
What is American Board Of Medical Specialties?
The American Board of Medical Specialties (ABMS) is a Chicago-based nonprofit organization that partners with its member boards to establish rigorous standards for board certification in over 40 medical specialties and 89 subspecialties. ABMS supports its member boards in implementing these standards through learning opportunities and resources related to evaluation, assessment, and policy development. With a mission to improve healthcare quality, ABMS has certified over 975,000 physicians and medical specialists in the United States. By collaborating with its member boards, ABMS creates standards for initial certification, ensuring that professionals meet high knowledge and skill requirements.
Official website here: www.abms.org
What are the reviews and ratings of this charity?
The American Board Of Medical Specialties currently does not have a rating from Charity Navigator. This is largely due to its classification, as it is not registered as a 501(c)(3) nonprofit, making it ineligible for their evaluation techniques, which primarily focus on accountability and finance metrics. As a result, critical data such as total revenue, expenses, and key salaries are unavailable, and thus, a comprehensive overview from Charity Navigator cannot be provided.
The absence of a rating should not be interpreted as a negative reflection of the organization. Instead, it highlights limitations in evaluation methods, as traditional metrics are not applicable. Charity Navigator typically assesses registered 501(c)(3) organizations, which benefits such organizations with tax exemptions and deductible contributions. However, the American Board Of Medical Specialties functions independently outside of this structure.
No user reviews are available on GreatNonprofits to offer additional insights into the American Board Of Medical Specialties' public trust and service quality. Therefore, any assessment remains limited to the structural parameters outlined by available data sources, emphasizing the need for firsthand experiences for a holistic understanding.
This AI summary has been generated from information found on Charity Navigator.
Is American Board Of Medical Specialties legitimate?
American Board Of Medical Specialties is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Board Of Medical Specialties 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: $3,165,933
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,432,408
For more financial information, click here
Official website here: www.abms.org
What is the mission statement of American Board Of Medical Specialties?
The American Board of Medical Specialties (ABMS) is dedicated to enhancing healthcare quality for the public and the medical profession by setting professional standards for lifelong certification in collaboration with its member boards. In partnership with these boards, ABMS establishes rigorous standards for board certification among physicians and medical specialists. ABMS and its member boards rigorously assess candidates' knowledge and skills, ensuring they meet the necessary requirements. ABMS supports its member boards in the implementation of these standards by providing essential resources and learning opportunities, which are crucial for the ABMS community. With a presence in the United States, ABMS and its member boards have certified over 975,000 physicians and medical specialists across 40 medical specialties and 89 subspecialties.
Official website here: www.abms.org
Who is the CEO of American Board Of Medical Specialties?
Richard E Hawkins Md is the CEO of American Board Of Medical Specialties The CEO's salary of American Board Of Medical Specialties is $801,672 and their total compensation is $916,268.
Official website here: www.abms.org
What is the revenue of American Board Of Medical Specialties?
American Board Of Medical Specialties's revenue in 2023 was $21,808,011.
Official website here: www.abms.org
Who are the executives of American Board Of Medical Specialties and what are their salaries?
The average compensation at American Board Of Medical Specialties during 2023 was $151,405. There are 70 employees and 138 volunteers at American Board Of Medical Specialties.
Here are 52 key members and their salaries (American Board Of Medical Specialties's CEO's salary is $801,672 and their total compensation is $916,268):
- Compensation: $801,672
- Related: $33,403
- Other: $81,193
- Compensation: $423,617
- Related: $47,068
- Other: $97,603
- Compensation: $352,655
- Related: $0
- Other: $80,802
- Compensation: $287,822
- Related: $0
- Other: $87,540
- Compensation: $330,094
- Related: $0
- Other: $37,229
- Compensation: $279,622
- Related: $0
- Other: $60,992
- Compensation: $245,619
- Related: $10,234
- Other: $74,129
- Compensation: $232,968
- Related: $4,755
- Other: $62,704
- Compensation: $263,200
- Related: $0
- Other: $19,623
- Compensation: $243,486
- Related: $4,969
- Other: $33,266
- Compensation: $231,542
- Related: $0
- Other: $41,080
- Compensation: $214,313
- Related: $0
- Other: $58,221
- Compensation: $22,500
- Related: $2,500
- Other: $0
- Compensation: $11,250
- Related: $1,250
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- Compensation: $22,500
- Related: $2,500
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Official website here: www.abms.org
Where can I find the form 990 for American Board Of Medical Specialties?
American Board Of Medical Specialties's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.abms.org
Learn more at the official website: www.abms.org
Mission Statement of American Board Of Medical Specialties
The American Board of Medical Specialties (ABMS) is a pivotal organization that works in collaboration with its member boards to serve the public and the medical profession by enhancing the quality of healthcare through stringent standards for lifelong certification in various medical specialties and subspecialties.
ABMS and its member boards set rigorous standards for initial certification, ensuring that physicians and medical specialists possess extensive knowledge and essential skills required to excel in their respective fields. Through continuous collaboration, ABMS and its member boards have established themselves as leaders in setting rigorous standards for board certification in over 40 medical specialties and 89 medical subspecialties.
ABMS plays a crucial role in supporting its member boards in the implementation of these standards by providing valuable learning opportunities and resources related to evaluation, assessment, and policy development concerning certification. These essential supports contribute significantly to the broader ABMS community, enabling them to maintain the highest professional standards and continually improve the healthcare landscape.
Currently, ABMS member boards in the United States have certified over 975,000 physicians and medical specialists, underscoring the extensive reach and impact of this mission-driven organization in shaping the future of healthcare through professional certification.
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Impact
October, 2024
The American Board of Medical Specialties (ABMS) significantly enhances the quality of healthcare by establishing rigorous standards for board certification across a wide range of medical specialties and subspecialties. Through its collaboration with member boards, ABMS develops and implements standards that ensure physicians possess the necessary knowledge and skills for their fields. This not only fosters greater public trust but also encourages ongoing professional development among physicians.
With more than 975,000 certified physicians and specialists, ABMS plays a critical role in the medical community, supporting the continuous improvement of healthcare delivery. By offering resources for evaluation, assessment, and policy development related to certification, ABMS contributes to a more competent and qualified healthcare workforce. These efforts help to enhance patient care and safety, making a substantial impact on the overall health of the nation. The foundation established by ABMS in setting lifelong certification standards creates a culture of accountability and excellence within the medical profession.
This information is meant to be a general summary of American Board Of Medical Specialties. 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 2023.
- Investment Income: $846,791
- Program Service Revenue: $20,895,772
- Gross Receipts: $21,808,011
Assets and Liabilities:
- Total Assets: $34,498,682
- Total Liabilities: $10,364,121
- Net Assets: $24,134,561
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBS AND DATA SERVICES
Revenue
$8,631,453
MEMBERSHIP DUES
Revenue
$7,457,200
PROGRAM AND SPONSORSHI
Revenue
$2,323,652
LICENSE FEES
Revenue
$1,248,247
INTERNATIONAL PROGRAMS
Revenue
$1,235,220
Organization Details
Founding Year
1935
Principal Officer
Richard E Hawkins Md
Website
www.abms.orgNTEE Category
Code: E03 - Health
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