EIN 23-1352238

National Board of Medical Examiners (NBME)

IRS 501(c) type
501(c)(3)
Num. employees
587
Year formed
1915
Most recent tax filings
2022-12-01
NTEE code, primary
Description
National Board of Medical Examiners (NBME) is an independent organization that serves the public through its high- quality assessments of healthcare professionals.
Total revenues
$170,264,713
2022
Total expenses
$147,523,156
2022
Total assets
$408,783,672
2022
Num. employees
587
2022

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 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 that are important in health and disease and that constitute the basis of safe and effective patient care.For further information visit www.usmle.org.Note: The expenses reflected above do not include management and general expenses.
Custom Programs consist of a diverse portfolio of global customized assessment services and examination programs. The primary sources of revenue for Custom Programs are Health Profession Services, the Health and Wellness Coach Certifying Examination and the Post Licensure Assessment System. The Health Profession Services program provides comprehensive assessment, educational, consultative, and research services for healthcare organizations. During 2022, NBME's Health Profession Services worked with a variety of organizations to administer examinations for purposes of licensure and other evaluations of special competence for examination programs sponsored by health-related organizations. These organizations included allied health professional associations, members of the American Board of Medical Specialties, and medical societies. Examinations are administered worldwide, where applicable.NBME and the National Board for Health & Wellness Coaching collaborate to provide the Health and Wellness Coach Certifying Examination. The collaboration provides an opportunity to draw upon the unique capabilities of each organization to provide a high-quality assessment for health and wellness coaches. Exam content is developed by nationally recognized leaders in the field of health and wellness coaching and covers areas such as coaching structure and process, health and wellness, and ethics.The Post-Licensure Assessment System (PLAS) is a joint activity of NBME and the Federation of State Medical Boards (FSMB). PLAS comprises two programs: the Special Purpose Examination (SPEX) Program and the Assessment Center Program (ACP). SPEX is a one-day, multiple-choice examination of current knowledge requisite for the general, undifferentiated practice of medicine and is intended to be used for reasons of endorsement or reciprocity of licensure. The ACP provides comprehensive objective and personalized assessments of physicians for whom there is a question regarding clinical competence. Together, the PLAS programs have assessed physicians for reasons that range from endorsement of licensure to license reactivation after disciplinary action.Note: The expenses reflected for Custom Programs on Part III, line 4c 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.

Grants made by NBME

GranteeGrant descriptionAmount
New York University (NYU)Stemmler Grant - See Part Iv$75,000
Seattle Children's HospitalStemmler Grant - See Part Iv$74,866
Regents of the University of MichiganStemmler Grant - See Part Iv$73,878
...and 17 more grants made

Personnel at NBME

NameTitleCompensation
Peter J KatsufrakisPresident and Chief Executive Officer$1,028,647
Elizabeth D AzariSenior Vice President , Chief Operating Officer / Senior Vice President , Operations$318,227
John J HinkeSenior Vice President and Chief Financial Officer$334,816
Andrew F FarellaSenior Vice President and Chief Information Officer$308,495
Pamela L TrevesSenior Vice President , Growth$282,330
...and 23 more key personnel

Financials for NBME

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$154,830,109
Investment income and dividends$7,290,814
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-45,379
Net gain from sale of non-inventory assets$8,189,169
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$170,264,713

Form 990s for NBME

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-11990View PDF
2020-122021-11-12990View PDF
2019-122020-12-21990View PDF
2018-122019-10-11990View PDF
...and 9 more Form 990s
Data update history
December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Updated personnel
Identified 3 new personnel
December 23, 2023
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 14, 2023
Used new vendors
Identified 7 new vendors, including , , , , , , and
Nonprofit Types
Professional associationsBusiness and community development organizationsPublic health orgsHealth organizationsHeadquarter / parent organizationsCharities
Issues
HealthCommunity improvementBusiness and industry
Characteristics
LobbyingOperates internationallyEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
Address
3750 Market St
Philadelphia, PA 19104
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
nbme.org/ 
Phone
(215) 590-9500
Facebook page
NBME.org 
IRS details
EIN
23-1352238
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1915
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E70: Public Health Programs
NAICS code, primary
813920: Professional Associations
Parent/child status
Central organization
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