Overview
What is Federation Of State Medical Boards Of The United States Inc?
The Federation of State Medical Boards of the United States Inc, based in Euless, Texas, serves as a leading advocate for medical regulation. With a workforce of 192 employees, they act as a catalyst for effective policies and standards in the medical field. Their primary service is the Credentials Verification Service, which maintains a permanent repository of primary-source verified core credentials for physicians and physician assistants, eliminating the need for repetitive document assembly and forwarding. This streamlined process promotes patient safety, quality healthcare, and regulatory best practices. Additionally, the Federation of State Medical Boards supports state medical boards through education, assessment, research, and advocacy.
Official website here: www.fsmb.org
What are the reviews and ratings of this charity?
The Federation of State Medical Boards of the United States Inc is currently not rated by Charity Navigator. The organization is not eligible for a rating as it does not fall under the 501(c)(3) IRS designation, which is a requirement for evaluation under Charity Navigator's Accountability & Finance and Impact & Measurement methodologies.
Charity Navigator highlights that the absence of a rating does not necessarily imply a negative or positive assessment. Key financial information such as total revenue, expenses, and salaries of key persons is not available, limiting the analysis of its financial practices and transparency. The organization operates independently and its data is available through the IRS Business Master File.
Since the organization is not a 501(c)(3), it cannot be fully evaluated on its culture, community impact, leadership, or adaptability by Charity Navigator's standard methodologies. Additionally, there are no user reviews from GreatNonprofits available to provide insights into the community's perceptions or experiences with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Federation Of State Medical Boards Of The United States Inc legitimate?
Federation Of State Medical Boards Of The United States Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Federation Of State Medical Boards Of The United States Inc 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: $2,379,344
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,417,537
For more financial information, click here
Official website here: www.fsmb.org
What is the mission statement of Federation Of State Medical Boards Of The United States Inc?
The Federation of State Medical Boards of the United States Inc serves as a leading advocate for medical regulation, driving effective policies and standards. Acting as the voice for state medical boards, it supports them through education, assessment, research, and advocacy. The organization aims to promote patient safety, quality healthcare, and regulatory best practices. It offers a Credentials Verification Service, which establishes a permanent repository of primary-source verified core credentials for physicians and physician assistants, eliminating the need to assemble and forward this information every time they need to be credentialed or licensed.
Official website here: www.fsmb.org
Who is the CEO of Federation Of State Medical Boards Of The United States Inc?
Dr Humayun J Chaudhry is the Principal Officer of Federation Of State Medical Boards Of The United States Inc. The CEO's salary of Federation Of State Medical Boards Of The United States Inc is $738,310 and their total compensation is $867,167.
Official website here: www.fsmb.org
What is the revenue of Federation Of State Medical Boards Of The United States Inc?
Federation Of State Medical Boards Of The United States Inc's revenue in 2022 was $61,293,815.
Official website here: www.fsmb.org
Who are the executives of Federation Of State Medical Boards Of The United States Inc and what are their salaries?
The average compensation at Federation Of State Medical Boards Of The United States Inc during 2022 was $71,859. There are 192 employees and 250 volunteers at Federation Of State Medical Boards Of The United States Inc.
Here are 24 key members and their salaries (Federation Of State Medical Boards Of The United States Inc's CEO's salary is $738,310 and their total compensation is $867,167):
- Compensation: $32,688
- Related: $0
- Other: $0
- Compensation: $77,500
- Related: $0
- Other: $0
- Compensation: $77,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $32,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $738,310
- Related: $0
- Other: $128,857
- Compensation: $365,636
- Related: $0
- Other: $75,148
- Compensation: $351,081
- Related: $0
- Other: $63,804
- Compensation: $345,426
- Related: $0
- Other: $59,265
- Compensation: $302,300
- Related: $0
- Other: $53,266
- Compensation: $202,506
- Related: $0
- Other: $46,555
- Compensation: $271,896
- Related: $0
- Other: $42,838
- Compensation: $192,112
- Related: $0
- Other: $52,899
- Compensation: $172,020
- Related: $0
- Other: $35,810
Official website here: www.fsmb.org
Where can I find the form 990 for Federation Of State Medical Boards Of The United States Inc?
Federation Of State Medical Boards Of The United States Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fsmb.org
Learn more at the official website: www.fsmb.org
Mission Statement of Federation Of State Medical Boards Of The United States Inc
The Federation of State Medical Boards of the United States Inc (FSMB) serves as a pioneering force in medical regulation, acting as a catalyst for effective policies and standards. Devoted to representing the interests of state medical boards, the FSMB supports them through education, assessment, research, and advocacy. The organization takes pride in providing services and initiatives that foster patient safety, high-quality healthcare, and regulatory best practices.
One of the FSMB's invaluable offerings is the Credentials Verification Service. This service establishes a permanent, lifetime repository of primary-source verified core credentials for physicians and physician assistants. By eliminating the need to gather and forward this information every time they need to be credentialed or licensed, the FSMB significantly streamlines the process and reduces the associated time and effort. This not only benefits the medical professionals but also ensures the maintenance of accurate and up-to-date credentials for the protection of patients.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Federation of State Medical Boards of the United States Inc (FSMB) plays a pivotal role in medical regulation across the country. Its impact is evident through its commitment to enhancing patient safety, ensuring high standards of quality healthcare, and advocating for effective regulatory practices. By serving as a unified voice for state medical boards, the FSMB supports these entities with education, research, and assessment initiatives, fostering an environment where healthcare providers can be held to stringent standards.
A significant aspect of FSMB's contributions is the Credentials Verification Service, which establishes a permanent repository of verified core credentials for physicians and physician assistants. This innovative approach streamlines the credentialing process, alleviating the burden on medical professionals who often face the time-consuming task of compiling and submitting credentials for licensure and employment. This not only improves efficiency but also enhances the reliability of the credentials presented, ultimately benefiting both healthcare providers and patients.
Through its advocacy and policy initiatives, FSMB also addresses the dynamic challenges within the medical field, promoting best practices that contribute to the ongoing evolution of healthcare regulation. By combining leadership with a focus on effective policy-making, the FSMB significantly influences the landscape of medical practice in the United States.
This information is meant to be a general summary of Federation Of State Medical Boards Of The United States Inc. 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: $2,241,825
- Program Service Revenue: $57,479,966
- Gross Receipts: $66,277,924
Assets and Liabilities:
- Total Assets: $83,006,184
- Total Liabilities: $20,309,064
- Net Assets: $62,697,120
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EXAMINATION REVENUE
Revenue
$33,696,485
FCVS REVENUE
Revenue
$13,923,216
EXAMINATION HISTORY REPORTS
Revenue
$7,698,317
PHYSICIAN DATA CENTER
Revenue
$2,026,518
REGISTRATION FEES
Revenue
$128,955
Organization Details
Founding Year
1966
Phone
(817) 868-4000Principal Officer
Dr Humayun J Chaudhry
Main Address
400 FULLER WISER ROAD, EULESS, TX, 76039
Website
www.fsmb.orgNTEE Category
Code: G05 - Disease
If you are a representative of Federation Of State Medical Boards Of The United States Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.