The American Board Of Anesthesiology Inc
- Assets
- $83.9m
- Revenue
- $14.8m
- Investments
- $10.6m
- Employees
- 139
- Location
- Raleigh, NC
- Founding
- 07/1951
- Data as of
- 12/2020
- EIN
- 06-0646523
Organization Overview
The American Board Of Anesthesiology Inc is located in Raleigh, NC. The organization was established in 1951. As of 12/2021, American Board Of Anesthesiology Inc employed 139 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Board Of Anesthesiology Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, American Board Of Anesthesiology Inc generated $14.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $13.8m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE ABA IS A CERTIFYING BODY FOR PHYSICIAN ANESTHESIOLOGISTS IN THE UNITED STATES.
Describe the Organization's Program Activity:
MAINTENANCE OF CERTIFICATION PROGRAM FOR PHYSICIANS CERTIFIED IN THE SPECIALTY OF ANESTHESIOLOGY
CREDENTIALED EXAMINED AND CERTIFIED CANDIDATES IN THE SPECIALTY OF ANESTHESIOLOGY
CREDENTIALED, EXAMINED, CERTIFIED, AND RE-CERTIFIED CANDIDATES IN ANESTHESIOLOGY SUBSPECIALTY
OTHER PROGRAMS INCLUDING IN-TRAINING EXAMINATIONS AND INTERNATIONAL EXAMINATION AND ASSESSMENT SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Pore MBA Cae Executive Director, Administrative Affairs | Officer | 60 | $318,391 |
Ann E Harman PHD Chief Assessment Officer | Officer | 60 | $251,526 |
Kate Owenby CPA Chief Finance And Business Officer | Officer | 30 | $233,579 |
David L Pinaula MA Chief Information Officer | Officer | 60 | $194,996 |
Huaping Sun Director, Psychometrics & Research | 45 | $148,105 | |
George Best Manager, Infrastructure | 45 | $129,795 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mckenna Construction Service | 12/30/21 | $1,256,071 |
Holder Construction Service | 12/30/21 | $1,222,142 |
Fox Rothschild Llp Attorneys | 12/30/21 | $151,148 |
Ncs Pearson Testing Service | 12/30/21 | $717,463 |
Acton Marketing | 12/30/21 | $148,274 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,422,049 |
| 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 | $1,422,049 |
| Total Program Service Revenue | $12,940,437 |
| Investment income | $676,176 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$246,966 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,791,696 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $803,244 |
| Compensation of current officers, directors, key employees. | $803,244 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,979,563 |
| Pension plan accruals and contributions | $585,121 |
| Other employee benefits | $983,314 |
| Payroll taxes | $444,805 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $152,192 |
| Fees for services: Accounting | $249,807 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $112,142 |
| Fees for services: Other | $443,078 |
| Advertising and promotion | $0 |
| Office expenses | $138,926 |
| Information technology | $358,787 |
| Royalties | $0 |
| Occupancy | $1,643,073 |
| Travel | $8,999 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $285,603 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $560,587 |
| Insurance | $234,730 |
| All other expenses | $0 |
| Total functional expenses | $13,837,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,846,129 |
| Savings and temporary cash investments | $493,448 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,951,370 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,099,843 |
| Net Land, buildings, and equipment | $11,116,868 |
| Investments—publicly traded securities | $30,502,187 |
| Investments—other securities | $10,638,959 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,243,015 |
| Total assets | $83,891,819 |
| Accounts payable and accrued expenses | $4,190,580 |
| Grants payable | $0 |
| Deferred revenue | $9,124,430 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $29,891,710 |
| Total liabilities | $43,206,720 |
| Net assets without donor restrictions | $40,685,099 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $83,891,819 |
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