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Federation Of State Medical Boards Of The United States Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 751092490 ✦ Euless, TX ✦ Designated as a 501(c)(6)

Overview

What is Federation Of State Medical Boards Of The United States Inc?

The Federation of State Medical Boards of the United States Inc, based in Euless, Texas, serves as a leading advocate for medical regulation. With a workforce of 192 employees, they act as a catalyst for effective policies and standards in the medical field. Their primary service is the Credentials Verification Service, which maintains a permanent repository of primary-source verified core credentials for physicians and physician assistants, eliminating the need for repetitive document assembly and forwarding. This streamlined process promotes patient safety, quality healthcare, and regulatory best practices. Additionally, the Federation of State Medical Boards supports state medical boards through education, assessment, research, and advocacy.


Official website here: www.fsmb.org

Is Federation Of State Medical Boards Of The United States Inc legitimate?

Federation Of State Medical Boards Of The United States Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Federation Of State Medical Boards Of The United States Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,379,344
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,417,537

For more financial information, click here


Official website here: www.fsmb.org

What is the mission statement of Federation Of State Medical Boards Of The United States Inc?

The Federation of State Medical Boards of the United States Inc serves as a leading advocate for medical regulation, driving effective policies and standards. Acting as the voice for state medical boards, it supports them through education, assessment, research, and advocacy. The organization aims to promote patient safety, quality healthcare, and regulatory best practices. It offers a Credentials Verification Service, which establishes a permanent repository of primary-source verified core credentials for physicians and physician assistants, eliminating the need to assemble and forward this information every time they need to be credentialed or licensed.


Official website here: www.fsmb.org

Who is the CEO of Federation Of State Medical Boards Of The United States Inc?

Dr Humayun J Chaudhry is the Principal Officer of Federation Of State Medical Boards Of The United States Inc. The CEO's salary of Federation Of State Medical Boards Of The United States Inc is $738,310 and their total compensation is $867,167.


Official website here: www.fsmb.org

What is the revenue of Federation Of State Medical Boards Of The United States Inc?

Federation Of State Medical Boards Of The United States Inc's revenue in 2022 was $61,293,815.


Official website here: www.fsmb.org

Who are the executives of Federation Of State Medical Boards Of The United States Inc and what are their salaries?

The average compensation at Federation Of State Medical Boards Of The United States Inc during 2022 was $71,859. There are 192 employees and 250 volunteers at Federation Of State Medical Boards Of The United States Inc.

Here are 24 key members and their salaries (Federation Of State Medical Boards Of The United States Inc's CEO's salary is $738,310 and their total compensation is $867,167):

    Humayun Chaudhry (Ceo)
  • Compensation: $738,310
  • Related: $0
  • Other: $128,857

    • Michael Dugan (Cio)
  • Compensation: $365,636
  • Related: $0
  • Other: $75,148

    • Lisa Robin (Cao)
  • Compensation: $351,081
  • Related: $0
  • Other: $63,804

    • Todd Phillips (Cfo)
  • Compensation: $345,426
  • Related: $0
  • Other: $59,265

    • David Johnson (Vp, Assessment Services)
  • Compensation: $302,300
  • Related: $0
  • Other: $53,266

    • Eric Fish (Senior Vp, Legal Services)
  • Compensation: $271,896
  • Related: $0
  • Other: $42,838

    • Cyndi Streun (Assistant Vp, Information)
  • Compensation: $202,506
  • Related: $0
  • Other: $46,555

    • Aaron Young (Assistant Vp, Research & D)
  • Compensation: $192,112
  • Related: $0
  • Other: $52,899

    • Jama Ball (Senior Director, Fcvs)
  • Compensation: $172,020
  • Related: $0
  • Other: $35,810

    • Kenneth Simons (Chair) [Trustee/Director]
  • Compensation: $77,500
  • Related: $0
  • Other: $0

    • Cheryl Walker-Mcgill (Immediate Past Chair) [Trustee/Director]
  • Compensation: $77,500
  • Related: $0
  • Other: $0

    • Sarvam Terkonda (Chair-Elect) [Trustee/Director]
  • Compensation: $32,688
  • Related: $0
  • Other: $0

    • Scott Steingard (Past Chair) [Trustee/Director]
  • Compensation: $32,500
  • Related: $0
  • Other: $0

    • Jone Geimer-Flanders (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Landau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melanie Deleon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shawn Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie Templeton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Willett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mohammed Arsiwala (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Pines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fsmb.org

    Where can I find the form 990 for Federation Of State Medical Boards Of The United States Inc?

    The Federation Of State Medical Boards Of The United States Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fsmb.org

    Learn more at the official website: www.fsmb.org

    Mission Statement of Federation Of State Medical Boards Of The United States Inc

    The Federation of State Medical Boards of the United States Inc (FSMB) serves as a pioneering force in medical regulation, acting as a catalyst for effective policies and standards. Devoted to representing the interests of state medical boards, the FSMB supports them through education, assessment, research, and advocacy. The organization takes pride in providing services and initiatives that foster patient safety, high-quality healthcare, and regulatory best practices.

    One of the FSMB's invaluable offerings is the Credentials Verification Service. This service establishes a permanent, lifetime repository of primary-source verified core credentials for physicians and physician assistants. By eliminating the need to gather and forward this information every time they need to be credentialed or licensed, the FSMB significantly streamlines the process and reduces the associated time and effort. This not only benefits the medical professionals but also ensures the maintenance of accurate and up-to-date credentials for the protection of patients.

    Impact

    This information is meant to be a general summary of Federation Of State Medical Boards Of The United States Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Federation of State Medical Boards of the United States Inc serves as a leader in medical regulation, providing an innovative catalyst for effective policy and standards in the healthcare industry. Through its Credential Verification Service, the organization establishes a permanent repository of verified core credentials for physicians and physician assistants, streamlining the credentialing and licensing process. Additionally, the FSMB acts as the voice for state medical boards, supporting them through education, assessment, research, and advocacy to promote patient safety, quality healthcare, and regulatory best practices. This impactful work helps ensure the integrity and reliability of healthcare professionals, ultimately benefiting both practitioners and patients.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,241,825
  • Program Service Revenue: $57,479,966
  • Gross Receipts: $66,277,924

    • Assets and Liabilities:
  • Total Assets: $83,006,184
  • Total Liabilities: $20,309,064
  • Net Assets: $62,697,120
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EXAMINATION REVENUE

    Revenue

    $33,696,485

    FCVS REVENUE

    Revenue

    $13,923,216

    EXAMINATION HISTORY REPORTS

    Revenue

    $7,698,317

    PHYSICIAN DATA CENTER

    Revenue

    $2,026,518

    REGISTRATION FEES

    Revenue

    $128,955

    Organization Details

    Founding Year

    1966

    Principal Officer

    Dr Humayun J Chaudhry

    Main Address

    400 FULLER WISER ROAD, EULESS, TX, 76039

    NTEE Category

    Code: S41 - Community improvement

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