FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC Charity Report

Public IRS 990 nonprofit record

FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC

EIN 75-1092490 · Research Institutes & Public Policy Analysis (G05)

What they do

THE FSMB SERVES AS THE VOICE for STATE MEDICAL BOARDS, SUPPORTING THEM THROUGH EDUCATION, ASSESSMENT, RESEARCH and ADVOCACY WHILE PROVIDING SERVICES and INITIATIVES THAT PROMOTE PATIENT SAFETY, QUALITY HEALTH CARE and REGULATORY BEST PRACTICES.

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $22.80 was reported for mission work and $0.00 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders29 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

19.99%of revenue went to mission work22.8% of expenses · Program services

$97.40spent for every $100 of revenueRevenue covered expenses this year.

$1.78in assets for every $1 spent this yearSome assets cannot be spent right away.

0.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $878,709 for HUMAYUN CHAUDHRY (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$51,397,414

Mission workProgram services$10,275,46719.99% of revenue22.8% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$6,275,29312.21% of revenueShown in gray on the chart

Total expenses$45,122,12187.79% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 22.8% went to mission work. Ask the charity to explain these numbers and show recent results.

Money in and money out

Revenue$67,031,105

Expenses$65,290,835

Annual surplus $1,740,270 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,275,467 · 15.7% of expenses

See all reported dollar amounts

Revenue$67,031,105

Expenses$65,290,835

Assets$115,939,404

Income$77,729,649

Contributions$436,862

Mission work (program services)$10,275,467

Stocks and bonds$56,538,959

Accounting fees$56,300

Investing fees$179,093

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

HUMAYUN CHAUDHRYCEO · 37 hrs/week $878,709Base $749,072 · Other $129,637

MICHAEL DUGANCIO · 40 hrs/week $489,862Base $397,442 · Other $92,420

LISA ROBINCAO · 40 hrs/week $457,472Base $387,349 · Other $70,123

TODD PHILLIPSCFO · 40 hrs/week $433,930Base $370,518 · Other $63,412

DAVID JOHNSONCHIEF ASSESSMENT OFFICER · 40 hrs/week $393,626Base $335,070 · Other $58,556

ERIC FISHCHIEF LEGAL OFFICER · 40 hrs/week $363,747Base $314,819 · Other $48,928

MARK STAZCHIEF LEARNING OFFICER · 40 hrs/week $296,308Base $264,707 · Other $31,601

CYNDI STREUNVP, INFORMATION SVCS · 40 hrs/week $286,113Base $242,247 · Other $43,866

AARON YOUNGVP, RESEARCH & DATA SERVICES · 40 hrs/week $283,717Base $222,224 · Other $61,493

ANDREA CICCONECHIEF OF STAFF · 40 hrs/week $255,425Base $214,609 · Other $40,816

JOSEPH KNICKREHMVP, COMMUNICATIONS · 40 hrs/week $228,310Base $189,097 · Other $39,213

FRANK MEYERSDEPUTY LEGAL COUNSEL · 40 hrs/week $219,683Base $191,048 · Other $28,635

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (29)

HUMAYUN CHAUDHRYCEO

MICHAEL DUGANCIO

LISA ROBINCAO

TODD PHILLIPSCFO

DAVID JOHNSONCHIEF ASSESSMENT OFFICER

ERIC FISHCHIEF LEGAL OFFICER

MARK STAZCHIEF LEARNING OFFICER

CYNDI STREUNVP, INFORMATION SVCS

AARON YOUNGVP, RESEARCH & DATA SERVICES

ANDREA CICCONECHIEF OF STAFF

JOSEPH KNICKREHMVP, COMMUNICATIONS

FRANK MEYERSDEPUTY LEGAL COUNSEL

CHRISTINE WELLSDIRECTOR, PRODUCT MANAGER TRANSFORMATION & AUTOMAT

KATIE TEMPLETONCHAIR

JEFFREY CARTERIMMEDIATE PAST CHAIR

GEORGE ABRAHAMCHAIR-ELECT

SARVAM TERKONDAOUTGOING PAST CHAIR

MAROULLA GLEATONDIRECTOR

ANDREA ANDERSONDIRECTOR

CHRISTY VALENTINE THEARDDIRECTOR

SHERIF ZAAFRANDIRECTOR

JOSEPH WILLETTDIRECTOR

KENNETH CLEVELANDDIRECTOR

SHAWN PARKERDIRECTOR

DENISE PINESDIRECTOR

J MICHAEL WIETINGDIRECTOR

MARK WOODLANDDIRECTOR

EDWARD COUSINEAUDIRECTOR

ALEXIOS CARAYANNOPOULOSDIRECTOR

About this charity

Recognized since: January 2009
Location: 400 FULLER WISER RD, EULESS, TX 76039-3874
County: Tarrant
In care of: % KEITH CLARK
Primary officer: DR HUMAYUN J CHAUDHRY DO, CEO

How to reach them

WebsiteVisit the charity’s website Emailusmle@fsmb.org Phone(817) 868-4000

Filing and classification

Latest tax year: 2024
Tax period began: May 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Research Institutes & Public Policy Analysis (G05)
IRS tax category: Research Institutes & Public Policy Analysis