American Board Of Dermatology Inc

Organization Overview

American Board Of Dermatology Inc is located in Newton, MA. The organization was established in 1945. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 12/2021, American Board Of Dermatology Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Board Of Dermatology Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, American Board Of Dermatology Inc generated $8.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $3.7m during the year ending 12/2021. While expenses have increased by 7.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROTECTING THE PUBLIC INTEREST BY ESTABLISHING AND MAINTAINING HIGH STANDARDS OF TRAINING, EDUCATION AND QUALIFICATIONS OF PHYSICIANS RENDERING CARE IN DERMATOLOGY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CREATING AND CONDUCTING COMPREHENSIVE EXAMINATIONS TO DETERMINE THE COMPETENCE OF PHYSICIANS AND ISSUING AN APPROPRIATE CERTIFICATE TO THOSE DERMATOLOGISTS WHO MEET THE REQUIREMENTS OF THE BOARD AND SATISFACTORILY COMPLETE THE CERTIFYING EXAMINATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Massachusetts General Hospital
Contract Employees
$727,579
American Board Of Med Specialties
Program Consulting
$188,457
Data Recognition Corp
Exam Scoring
$149,752
Pearson Vue
Exam Admin
$367,553
Atlantic Bt
Website Dev
$384,653
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$6,984,901
Investment income $443,191
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,201,626
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,634,242

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