American Board Of Medical Specialties Research & Education F
- Assets
- $305.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Chicago, IL
- Founding
- 07/1973
- Data as of
- 12/2021
- EIN
- 23-7304902
Organization Overview
American Board Of Medical Specialties Research & Education F is located in Chicago, IL. The organization was established in 1973. According to its NTEE Classification (H11) the organization is classified as: Single Organization Support, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Board Of Medical Specialties Research & Education F 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 12/2021, American Board Of Medical Specialties Research & Education F generated $112.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $416.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, American Board Of Medical Specialties Research & Education F has awarded 24 individual grants totaling $300,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ABMS RESEARCH AND EDUCATION FOUNDATION (ABMS REF) SUPPORTS THE SCIENTIFIC, (CONTINUED IN SCH O)
Describe the Organization's Program Activity:
Part 3
ABMS REF IS RESPONSIBLE FOR THE ABMS VISITING SCHOLARS PROGRAM (VSP). VSP IS FOR EARLY CAREER PHYSICIANS AND OTHERS WITH RELEVANT HEALTH CARE RESEARCH-RELATED DEGREES. VSP SCHOLARS ARE INTRODUCED TO THE FIELDS OF PHYSICIAN PROFESSIONAL ASSESSMENT AND CONTINUING PROFESSIONAL DEVELOPMENT, QUALITY IMPROVEMENT, HEALTH CARE POLICY AND REGULATION, AND HEALTH SERVICES RESEARCH. VSP SCHOLARS CONDUCT RESEARCH IN COLLABORATION WITH MENTORS FROM THEIR INSTITUTIONS, ABMS AND ABMS' MEMBER BOARDS. THROUGH THEIR RESEARCH AND PROGRAM ENGAGEMENT, VSP SCHOLARS INFORM THE STUDY OF CONTINUING PROFESSIONAL DEVELOPMENT, PHYSICIAN ASSESSMENT, SELF-REGULATION AND QUALITY IMPROVEMENT.
ABMS REF DEVELOPS, DEPLOYS, MAINTAINS AND IMPROVES AN ONLINE REPOSITORY OF PUBLISHED LITERATURE AND OTHER PRESENTATIONS ON INITIAL PHYSICIAN SPECIALTY CERTIFICATION, CONTINUING PHYSICIAN SPECIALTY CERTIFICATION, OR COMPONENTS OF CONTINUOUS CERTIFICATION SUCH AS KNOWLEDGE ASSESSMENT, ADULT LEARNING AND EDUCATION AND QUALITY IMPROVEMENT. THIS CURATED REPOSITORY INFORMS RESEARCHERS, KEY STAKEHOLDERS AND ABMS MEMBER BOARDS REGARDING FINDINGS THAT CAN BE USED TO IMPROVE THE CERTIFICATION PROCESS.
ABMS REF SYNERGIZES, GUIDES, CONVENES, FACILITATES, CONDUCTS AND COLLABORATES IN RELATION TO ALL ASPECTS OF RESEARCH REGARDING ABMS INITIAL AND CONTINUING CERTIFICATION ACROSS 24 MEMBER BOARDS. ABMS REF ALSO PARTNERS WITH OTHER RESEARCHERS TO DEVELOP RESEARCH IN THE AREAS OF QUALITY AND PERFORMANCE IMPROVEMENT, PATIENT SAFETY, ADULT LEARNING AND EDUCATION, AND OTHER DISCIPLINES. ABMS REF CONDUCTS PROGRAM EVALUATION AND RESEARCH ON THE ABMS LONGITUDINAL ASSESSMENT PROGRAMS TO ANALYZE PHYSICIAN KNOWLEDGE, JUDGEMENT AND SKILLS.
ABMS REF CONDUCTS PROGRAM EVALUATION AND RESEARCH ON THE ABMS LONGITUDINAL PROGRAMS TO ASSESS PHYSICIAN KNOWLEDGE, JUDGEMENT AND SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard E Hawkins MD President & CEO | 1 | $15,423 | |
Gregory Ogrinc MD Svp,cert Standard & Prgm | 1 | $9,533 | |
Jennifer Michael Chief Operating Officer | 1 | $6,487 | |
Laura Skarnulis COO (thru 09/21) | 1 | $6,020 | |
Julie Hubbard CFO | 1 | $4,988 | |
Stephanie Donovan Gn. Counsel (as Of 02/21) | 1 | $4,827 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12,268 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,268 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $217,919 |
| Professional fees and other payments to independent contractors | $12,615 |
| Occupancy, rent, utilities, and maintenance | $33,396 |
| Printing, publications, postage, and shipping | $5,058 |
| Other expenses | $56,130 |
| Total expenses | $416,618 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $303,448 |
| Other assets | $0 |
| Total assets | $305,881 |
| Total liabilities | $2,062,252 |
| Net assets or fund balances | -$1,756,371 |
Grants Awarded
Over the last fiscal year, American Board Of Medical Specialties Research & Education F has awarded $100,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Providence, RI PURPOSE: RESEARCH | $12,500 |
Ann Arbor, MI PURPOSE: RESEARCH | $12,500 |
VIRGINIA COMMONWEALTH UNIVERSITY PURPOSE: RESEARCH | $12,500 |
Ashburn, VA PURPOSE: RESEARCH | $12,500 |
Baltimore, MD PURPOSE: RESEARCH | $12,500 |
UNIVERSITY OF WASHINGTON SCHOOL OF MEDICINE PURPOSE: RESEARCH | $12,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Board Of Medical Specialties Research & Education F has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
American Board Of Obgyn Educational Foundation Inc Dallas, TX PURPOSE: ENDOWMENT | $10,000 |
Endowment Analysis
| Beg. Balance | $143,912 |
| Earnings | $15,555 |
| Net Contributions | $2,000 |
| Ending Balance | $161,467 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stanley Manne Childrens Research Institute Chicago, IL | $169,123,650 | $39,027,696 |
Morgridge Institute Foundation Inc Madison, WI | $491,309,219 | $74,942,129 |
Walther Cancer Foundation Inc Indianapolis, IN | $153,573,547 | $10,375,494 |
Area Ambulance Authority Cedar Rapids, IA | $10,871,659 | $8,115,144 |
Emily G Plumb Charitable Trust 02-40073 Chicago, IL | $40,196,560 | $2,064,076 |
Allsup Charitable Services Inc Belleville, IL | $56,195 | $1,271,531 |
West Side Institute For Science And Education Chicago, IL | $0 | $965,979 |
International Clinical Cytometry Society Glenview, IL | $947,003 | $624,954 |
National Niemann-Pick Disease Foundation Fort Atkinson, WI | $850,802 | $499,229 |
American Board Of Medical Specialties Research & Education F Chicago, IL | $305,881 | $0 |
Design Industries Foundation Fighting Aids-Chicago Inc Chicago, IL | $1,326,624 | $272,741 |
Familial Dysautonomia Now Foundation Buffalo Grove, IL | $882,138 | $293,462 |