American Board Of Medical Specialties

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

EIN: 410847713 ✦ Chicago, IL ✦ Designated as a 501(c)(6)

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

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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,898,657
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,034,451

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 President & Ceo of American Board Of Medical Specialties. The CEO's salary of American Board Of Medical Specialties is $779,111 and their total compensation is $873,102.


Official website here: www.abms.org

What is the revenue of American Board Of Medical Specialties?

American Board Of Medical Specialties's revenue in 2022 was $21,397,111.


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 2022 was $132,441. There are 75 employees and 140 volunteers at American Board Of Medical Specialties.

Here are 48 key members and their salaries (American Board Of Medical Specialties's CEO's salary is $779,111 and their total compensation is $873,102):

    Richard E Hawkins Md (President & Ceo) [Trustee/Director]
  • Compensation: $779,111
  • Related: $15,900
  • Other: $78,091

    • Gregory Ogrinc Md (Svp, Cert Standard & Prgm)
  • Compensation: $461,271
  • Related: $9,414
  • Other: $94,828

    • Jennifer Michael (Chief Operating Officer)
  • Compensation: $345,602
  • Related: $7,053
  • Other: $78,857

    • Thomas Granatir (Svp Policy & Ext. Relations)
  • Compensation: $287,822
  • Related: $0
  • Other: $85,525

    • David Coursey (Director Of Sales)
  • Compensation: $296,325
  • Related: $0
  • Other: $34,848

    • Carrie Radabaugh (Svp, Governance And Board Relations)
  • Compensation: $255,853
  • Related: $0
  • Other: $70,273

    • Richard Waters (Chief Marketing Officer)
  • Compensation: $268,841
  • Related: $0
  • Other: $53,183

    • Stephanie Donovan (General Counsel)
  • Compensation: $232,968
  • Related: $4,755
  • Other: $60,711

    • Julie Hubbard (Cfo)
  • Compensation: $243,486
  • Related: $4,969
  • Other: $32,721

    • Krista Allbee (Vp Assessment Programs)
  • Compensation: $254,312
  • Related: $0
  • Other: $21,385

    • Kathleen Holtzman (Avp Assess Programs)
  • Compensation: $206,229
  • Related: $0
  • Other: $56,531

    • Michael L Carius Md (Chair) [Trustee/Director]
  • Compensation: $22,727
  • Related: $2,273
  • Other: $0

    • Rebecca L Johnson Md (Chair-Elect (As Of 6/22)) [Trustee/Director]
  • Compensation: $22,727
  • Related: $2,273
  • Other: $0

    • Larry A Green Md (Immediate Past Chair) [Trustee/Director]
  • Compensation: $22,727
  • Related: $2,273
  • Other: $0

    • Susan Ramin Md (Secretary-Treasurer (As Of 6/22)) [Trustee/Director]
  • Compensation: $22,727
  • Related: $2,273
  • Other: $0

    • Richard J Baron Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George B Bartley Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Priya J Bathija Jd (Director (As Of 6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Miriam G Blitzer Phd Facmg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith E Brandt Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah Briceland-Betts Jd (Director (Thru 6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jo Buyske Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel J Cole Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry R Faulkner Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas W Hess Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John L Kendall Md Facep (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn L Kinney Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eve M Kurtin Pharmd (Director (Thru 6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David F Martin Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter H Merrill Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tara Montgomery Ms (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael R Nelson Md Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Warren P Newton Md Mph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Nussenbaum Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher J Ondrula Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie O Orrico Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald J Palmisano Jr Jd Cae (Director (As Of 6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary W Procop Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas E Read Md (Director (As Of 6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randall K Roenigk Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Schaechter Md Mba (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George M Segall Mad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Brantley Thrasher Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Wachsman Mph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brent J Wagner Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George D Wendel Jr Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John A Wilson Md Faans Facs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce G Wolff Md (Director (Thru 6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.abms.org

    Where can I find the form 990 for American Board Of Medical Specialties?

    The American Board Of Medical Specialties’s most recent form 990 was submitted in 2022 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.

    Impact

    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.




    Thursday, August 15, 2024

    The American Board of Medical Specialties (ABMS) plays a crucial role in improving the quality of healthcare in the United States. By partnering with its member boards, ABMS sets and upholds rigorous standards for board certification across 40 medical specialties and 89 medical subspecialties. This ensures that physicians and medical specialists meet high standards of knowledge and skills in their respective fields.

    To date, ABMS member boards have certified over 975,000 physicians and medical specialists, highlighting the significant impact of their work on the healthcare industry. By maintaining certification standards and providing support for evaluation, assessment, and policy development, ABMS contributes to the ongoing professional development and competency of healthcare providers. Ultimately, ABMS's efforts help ensure that the public receives high-quality care from certified and competent medical professionals in various specialties.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $529,747
  • Program Service Revenue: $20,690,018
  • Gross Receipts: $21,397,111

    • Assets and Liabilities:
  • Total Assets: $34,498,682
  • Total Liabilities: $10,364,121
  • Net Assets: $24,134,561
  • Programs

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

    SUBSCRIPTIONS AND DATA SERVICES

    Revenue

    $8,061,614

    MEMBERSHIP DUES

    Revenue

    $7,457,200

    PROGRAM AND SPONSORSHIP FEES

    Revenue

    $2,193,532

    INTERNATIONAL PROGRAMS

    Revenue

    $1,770,251

    LICENSE FEES

    Revenue

    $1,207,421

    Organization Details

    Founding Year

    1935

    Principal Officer

    Richard E Hawkins Md

    Main Address

    353 NORTH CLARK STREET 1400, CHICAGO, IL, 60654

    NTEE Category

    Code: E03 - Health

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