Cause IQ organization profile

National Board of Medical Examiners (NBME)

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

NBME is a trade / professional association based in Philadelphia, PA that was founded in 1915. As of 2019 they had $175 million in revenue and $337 million in assets.

National Board of Medical Examiners (NBME) is an independent organization that serves the public through its high- quality assessments of healthcare professionals.

Fiscal year end:
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Program areas at NBME

The United States Medical Licensing Examination (USMLE) is a three-step examination for medical licensure in the United States and is sponsored by the Federation of State Medical Boards (FSMB) and the NBME. The USMLE program supports medical licensing authorities in the United States through its leadership in the development, delivery, and continual improvement of high-quality assessments across the continuum of physicians' preparation for practice. It assesses a physician's ability to apply knowledge, concepts, and principles, and to demonstrate fundamental patient-centered skills, that are important in health and disease and that constitute the basis of safe and effective patient care.Note: The expenses reflected above do not include management and general expenses.

The Health Profession Services program provides comprehensive assessment, educational, consultative, and research services for healthcare organizations. During 2017, NBME's Health Profession Services worked with a variety of organizations to administer examinations for purposes of licensure, certification, maintenance of certification, evaluation of special competence, in-training, and self-assessment. These organizations included allied health professional associations, members of the American Board of Medical Specialties, and medical societies. Examinations are administered worldwide, where applicable.Note: The expenses reflected above do not include management and general expenses.

The Medical School and Student Services program provides assessment services to domestic and international medical schools, students, and residents. Assessments include the subject examination program, self-assessment services, and web-based examination programs and pilot projects. Subject exams measure achievement in the traditional basic and clinical science disciplines and are used to compare student performance with a national reference group. A series of web-based self-assessments are available to help students assess their readiness to take USMLE. Faculty services include item-writing workshops, and medical school liaison activities include the Advisory Committee for Medical School Programs.Note: The expenses reflected above do not include management and general expenses.

Form 990s for NBME

Fiscal year endingDate received by IRSFormPDF link
2018-12Oct 11, 2019990View PDF
2017-12Sep 12, 2018990View PDF
2016-12Sep 5, 2017990View PDF
2015-12Sep 30, 2016990View PDF
2014-12Aug 3, 2015990View PDF
...and five more Form 990 PDFs

Financials for NBME

Total grants, contributions, etc.$0
Program services$158,617,802
Investment income and dividends$7,197,257
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$374,626
Net gain from sale of non-inventory assets$9,246,581
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$175,436,266

Vendors for NBME

VendorServicesAmount paidDate
MillimanActuarial services2019-12-31
███ ████████ █████Investment management; Participant loan processing, Recordkeeping and information management (computing, tabulating, data processing, etc.)$17,2752019-12-31
████ █████████ ███████ ██ █████ ███████Insurance2019-12-31
██████████ █████████ ███████ ██ ███████Insurance2019-12-31
████████ ████ ███ ████████Insurance2019-12-31
███ ███████████ ███Insurance agent or broker$1842019-12-31
...and 12 more vendors

Personnel at NBME

NameTitleCompensationMost recent data
John J HinkeChief Financial Officer$298,250Dec. 31, 2018
Andrew F FarellaSenior Vice President and Chief Information Officer$26,306Dec. 31, 2018
█████ ██████Interim Chief Information Officer$318,240Dec. 31, 2018
█████ █ ███████Senior Vice President and Chief Information Officer$430,148Dec. 31, 2018
█████████ █ █████Senior Vice President , Operations$364,354Dec. 31, 2018
██████ █ █████████Vice President , Products and Services$328,991Dec. 31, 2018
████ █ ██████████Vice President , Test Dev Services$130,697Dec. 31, 2018
███████ ██ ████████Vice President International Programs / Chair-May 30, 2018
█████ █ ██████Vice President , Domestic Markets$266,603Dec. 31, 2018
███████ █ ██████Vice President , Licensure$321,011Dec. 31, 2018
...and 18 more key personnel

Peer trade / professional associations and chambers of commerce

1American College of Radiology501(c)(3)$108 millionReston, VA
2American Society of Clinical Oncology (ASCO)501(c)(3)$159 millionAlexandria, VA
3American College of Physicians (ACP)501(c)(3)$87 millionPhiladelphia, PA
4American Board of Internal Medicine (ABIM)501(c)(3)$58 millionPhiladelphia, PA
5SAE International501(c)(3)$78 millionWarrendale, PA
6American Library Association (ALA)501(c)(3)$53 millionChicago, IL
7American Osteopathic Association (AOA)501(c)(3)$47 millionChicago, IL
8Association of American Medical Colleges501(c)(3)$216 millionWashington, DC
9American Academy of Orthopedic Surgeons (AAOS)501(c)(3)$47 millionRosemont, IL
10Accreditation Council for Graduate Medical Education501(c)(3)$71 millionChicago, IL
11Radiological Society of North America (RSNA)501(c)(3)$56 millionOak Brook, IL
12American College of Surgeons (ACS)501(c)(3)$141 millionChicago, IL
13Society of Actuaries (SOA)501(c)(3)$62 millionSchaumburg, IL
14Donor Network of Arizona (DNA)501(c)(3)$72 millionPhoenix, AZ
15Association of Public Health Laboratories501(c)(3)$48 millionSilver Spring, MD
16United States Golf Association (USGA)501(c)(3)$230 millionLiberty Corner, NJ
17Association for Talent Development501(c)(3)$46 millionAlexandria, VA
18American Management Association International501(c)(3)$74 millionNew York, NY
19American Academy of Pediatrics (AAP)501(c)(3)$121 millionItasca, IL
20American Society of Civil Engineers (ASCE)501(c)(3)$57 millionReston, VA
21American Chemical Society (ACS)501(c)(3)$600 millionWashington, DC
22American Society of Mechanical Engineers (ASME)501(c)(3)$100 millionNew York, NY
23Goodwill Industries International501(c)(3)$58 millionRockville, MD
24National Association of Boards of Pharmacy501(c)(3)$45 millionMount Prospect, IL
25Society of Petroleum Engineers501(c)(3)$45 millionRichardson, TX