American Board Of Podiatric Medicine is located in Hermosa Beach, CA. The organization was established in 1994. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Board Of Podiatric Medicine 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 Podiatric Medicine generated $4.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 8.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE EXAMINATIONS THAT ARE FREE OF BIAS, VALID, RELIABLE, AND IN ACCORD WITH ACCEPTED PSYCHOMETRIC PRINCIPLES AND PRACTICES OF PODIATRIC MEDICINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXAMINATION COMMITTEE AND EDUCATIONAL ENHANCEMENT PROGRAM FOR EDUCATION AND CERTIFICATION OF MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marc Benard DPM Asst Executive Director | Trustee | 40 | $38,500 |
Lee C Rogers DPM Treasurer | OfficerTrustee | 2 | $37,800 |
Coleen Napolitano DPM Director | Trustee | 2 | $34,200 |
William E Chagares DPM President | OfficerTrustee | 2 | $31,300 |
Nicole Delauro DPM Secretary | OfficerTrustee | 2 | $30,900 |
Bryan Roth DPM Director | Trustee | 2 | $27,200 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Pearson Vue (Ncs Pearson Inc) Testing Center Administering Exams | 12/30/21 | $357,112 |
Llc Builders General Contractor Bldg Renovation | 12/30/21 | $543,046 |
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 | $3,893,999 |
Investment income | $34,339 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$135,772 |
Net Gain/Loss on Asset Sales | $221,353 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,013,919 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $211,600 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $1,169,000 |
Fees for services: Legal | $39,110 |
Fees for services: Accounting | $13,949 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $9,580 |
Fees for services: Other | $421,554 |
Advertising and promotion | $124,293 |
Office expenses | $15,828 |
Information technology | $22,305 |
Royalties | $0 |
Occupancy | $25,159 |
Travel | $58,266 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $268,776 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $14,098 |
All other expenses | $11,248 |
Total functional expenses | $2,713,037 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,984,099 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,879 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $50,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $98,390 |
Net Land, buildings, and equipment | $3,812,036 |
Investments—publicly traded securities | $2,028,495 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $497 |
Total assets | $7,977,396 |
Accounts payable and accrued expenses | $17,747 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $1,589,606 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,607,353 |
Net assets without donor restrictions | $6,370,043 |
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 | $7,977,396 |
Organization Name | Assets | Revenue |
---|---|---|
American Board Of Radiology Incorporated Tucson, AZ | $49,332,645 | $17,740,900 |
Friends Of Sheba Medical Center Inc Los Angeles, CA | $13,090,585 | $10,897,810 |
American Board Of Podiatric Medicine Hermosa Beach, CA | $7,977,396 | $4,013,919 |
American College Of Medical Toxicology Inc Phoenix, AZ | $3,107,408 | $2,754,430 |
Alameda-Contra Costa Medical Assn Oakland, CA | $11,509,948 | $2,308,570 |
Mederi Foundation Ashland, OR | $521,793 | $1,661,913 |
Arizona Dental Association Scottsdale, AZ | $5,092,269 | $2,108,867 |
Sacramento Society For Medical Improvement Sacramento, CA | $4,862,393 | $1,769,529 |
California Podiatric Medical Association Sacramento, CA | $1,331,733 | $1,674,303 |
Association Of Northern California Oncologists Napa, CA | $1,204,195 | $1,381,796 |
Sacramento District Dental Society Sacramento, CA | $2,165,604 | $1,245,066 |
California Chiropractic Association Sacramento, CA | $301,079 | $1,173,010 |