Nonprofit · EIN 36-6000057
AMERICAN BOARD OF ORTHOPAEDIC SURGERY INC
Tax-exempt · CHAPEL HILL, NC 27514
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $14,772,508 | $13,273,792 | $1,498,716 | $60,771,157 | $6,514,963 | $54,256,194 |
| December 31, 2024 | 990 | $11,703,577 | $12,996,975 | -$1,293,398 | $57,264,876 | $4,494,391 | $52,770,485 |
| December 31, 2023 | 990 | $12,820,770 | $11,870,986 | $949,784 | $57,080,144 | $6,905,241 | $50,174,903 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $8,422,514
- Investment income
- $6,349,994
- Net gain from sales of assets
- $3,934,325
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,000
- Compensation of officers, directors and key employees
- $1,175,773
- Other salaries and wages
- $1,036,158
- Salaries, compensation and benefits (total)
- $2,895,042
- Professional fundraising fees
- $0
- Legal fees
- $140,891
- Accounting fees
- $62,602
- Occupancy
- $355,914
- Travel
- $116,581
- Depreciation
- $699,868
Balance sheet and other
- Total assets, start of year
- $57,264,876
- Total assets, end of year
- $60,771,157
- Total liabilities, end of year
- $6,514,963
- Net assets, end of year
- $54,256,194
- Land, buildings and equipment
- $4,664,370
- Publicly traded securities
- $52,299,710
- Net assets without donor restrictions
- $54,256,194
- Gross receipts
- $15,026,496
- Employees
- 14
- Volunteers
- 526
- Year formed
- 1934
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID F MARTIN MD | EXECUTIVE DIRECTOR Officer | 35 | $676,939 | $130,462 |
| MICHAEL S BEDNAR MD | ASSOCIATE EXECUTIVE DIRECTOR Key employee | 20 | $319,291 | $0 |
| KRISTIN CABA | MANAGER, ASSESSMENT DEVELOPMENT & ADMINISTRATION Highest-paid employee | 35 | $130,244 | $65,931 |
| DENISE F FRAZIER | MANAGER, CERTIFICATES & CREDENTIALS Highest-paid employee | 35 | $141,798 | $54,155 |
| DAVID ELSTEIN | MANAGER, EDUCATION & COMMUNICATION Highest-paid employee | 35 | $127,798 | $60,391 |
| KATHRYN CLARK | MANAGER, FINANCE & HR Highest-paid employee | 35 | $113,218 | $65,857 |
| JASON ANDERSON | IT SPECIALIST Highest-paid employee | 35 | $103,500 | $42,281 |
| JAMES R FICKE MD | DIRECTOR Trustee or director | 2 | $6,552 | $0 |
| KEVIN L GARVIN MD | SENIOR DIRECTOR Trustee or director | 2 | $6,461 | $0 |
| GREGORY A MENCIO MD | SENIOR DIRECTOR (THRU 10/25) Trustee or director | 2 | $6,057 | $0 |
| ANNE E VAN HEEST MD | SENIOR DIRECTOR (THRU 10/25) Trustee or director | 2 | $5,719 | $0 |
| FREDERICK M AZAR MD | SENIOR DIRECTOR Trustee or director | 2 | $5,560 | $0 |
| WAYNE J SEBASTIANELLI MD | SENIOR DIRECTOR Trustee or director | 2 | $4,866 | $0 |
| ERIC L CONLEY | PUBLIC MEMBER DIRECTOR Trustee or director | 2 | $4,328 | $0 |
| KYLE J JERAY MD | TREASURER Trustee or director, Officer | 2 | $3,978 | $0 |
15 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GREGORY P MCCOMIS MD | SECRETARY Trustee or director, Officer | 2 | $3,200 |
| JAMES D KANG MD | SENIOR DIRECTOR Trustee or director | 2 | $3,090 |
| MATTHEW R DICAPRIO MD | DIRECTOR Trustee or director | 2 | $2,821 |
| GREGORY P GUYTON MD | PRESIDENT-ELECT Trustee or director, Officer | 2 | $1,458 |
| BRIAN R WOLF MD | DIRECTOR Trustee or director | 2 | $1,451 |
| DAWN M LAPORTE MD | DIRECTOR Trustee or director | 2 | $1,416 |
| APRIL D ARMSTRONG MD | SENIOR DIRECTOR Trustee or director | 2 | $1,400 |
| MARTIN I BOYER MD | DIRECTOR Trustee or director | 2 | $1,307 |
| JENNIFER MORIATIS WOLF MD | DIRECTOR Trustee or director | 2 | $1,193 |
| CHARLES L NELSON MD | PRESIDENT Trustee or director, Officer | 2 | $0 |
| LISA A TAITSMAN MD MPH | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| KEITH KENTER MD | DIRECTOR-ELECT Trustee or director | 2 | $0 |
| SCOTT E PORTER MD | SENIOR DIRECTOR Trustee or director | 2 | $0 |
| STEVEN L FRICK MD | DIRECTOR Trustee or director | 2 | $0 |
| VISHWAS R TALWALKAR MD | DIRECTOR-ELECT Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 30 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID F MARTIN MD | EXECUTIVE DIRECTOR Officer | 35 | $638,354 | $128,909 |
| MICHAEL S BEDNAR MD | ASSOCIATE EXECUTIVE DIRECTOR Key employee | 20 | $317,195 | $0 |
| KATHRYN CLARK | MANAGER, FINANCE & HR Highest-paid employee | 35 | $145,366 | $70,395 |
| DAVID SHEPHARD | IT MANAGER Highest-paid employee | 35 | $134,378 | $63,973 |
| DENISE F FRAZIER | MANAGER, CERTIFICATES & CREDENTIALS Highest-paid employee | 35 | $134,753 | $49,608 |
| KRISTIN CABA | MANAGER, ASSESSMENT DEVELOPMENT & ADMINISTRATION Highest-paid employee | 35 | $122,367 | $59,055 |
| DAVID ELSTEIN | MANAGER, EDUCATION & COMMUNICATION Highest-paid employee | 35 | $122,401 | $57,085 |
| FREDERICK M AZAR MD | SENIOR DIRECTOR Trustee or director | 2 | $6,537 | $0 |
| ERIC L Conley | PUBLIC MEMBER DIRECTOR Trustee or director | 2 | $6,207 | $0 |
| JAMES D KANG MD | PRESIDENT Trustee or director, Officer | 2 | $6,027 | $0 |
| STEVEN L FRICK MD | DIRECTOR Trustee or director | 2 | $5,600 | $0 |
| ANNE E VAN HEEST MD | SENIOR DIRECTOR Trustee or director | 2 | $3,829 | $0 |
| MATTHEW R DICAPRIO MD | DIRECTOR Trustee or director | 2 | $3,635 | $0 |
| WAYNE J SEBASTIANELLI MD | SECRETARY Trustee or director, Officer | 2 | $3,397 | $0 |
| KEVIN L GARVIN MD | PRESIDENT ELECT Trustee or director, Officer | 2 | $2,813 | $0 |
| JOHN M FLYNN MD | Senior Director (thru 10/2024) Trustee or director | 2 | $2,800 | $0 |
| APRIL D ARMSTRONG MD | SENIOR DIRECTOR Trustee or director | 2 | $2,577 | $0 |
| MARTIN I BOYER MD | DIRECTOR Trustee or director | 2 | $1,860 | $0 |
| GREGORY GUYTON MD | DIRECTOR Trustee or director | 2 | $1,797 | $0 |
| JOSHUA J JACOBS MD | SENIOR DIRECTOR (thru 10/2024) Trustee or director | 2 | $1,768 | $0 |
| JAMES R FICKE MD | DIRECTOR Trustee or director | 2 | $1,664 | $0 |
| GREGORY P MCCOMIS MD | DIRECTOR Trustee or director | 2 | $1,400 | $0 |
| Kyle J Jeray MD | TREASURER Trustee or director, Officer | 2 | $1,304 | $0 |
| GREGORY A MENCIO MD | SENIOR DIRECTOR Trustee or director | 2 | $1,229 | $0 |
| BRIAN R WOLF MD | DIRECTOR Trustee or director | 2 | $808 | $0 |
| CHARLES NELSON MD | Director Trustee or director | 2 | $627 | $0 |
| SCOTT E PORTER MD | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| DAWN M LAPORTE MD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JENNIFER MORIATIS WOLF MD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LISA A TAITSMAN MD MPH | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 30 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID F MARTIN MD | EXECUTIVE DIRECTOR Officer | 35 | $615,936 | $111,361 |
| KATHRYN CLARK | MGR. FINANCE & HR Highest-paid employee | 35 | $139,743 | $73,207 |
| DAVID SHEPHARD | IT MANAGER Highest-paid employee | 35 | $128,290 | $66,902 |
| DENISE FRAZIER | MGR. CERT. & CREDENTIALS Highest-paid employee | 35 | $129,290 | $58,629 |
| KRISTIN CABA | MGR. ASSESSMENT DEV. & ADMIN. Highest-paid employee | 35 | $113,099 | $60,389 |
| DAVID ELSTEIN | MGR. EDU. & COMM. Highest-paid employee | 35 | $112,343 | $58,367 |
| MICHAEL S BEDNAR MD | ASST. EXEC. DIRECTOR Key employee | 20 | $159,324 | $0 |
| JOHN M FLYNN MD | SENIOR DIRECTOR Trustee or director | 2 | $10,496 | $0 |
| GREGORY A MENCIO MD | SENIOR DIRECTOR Trustee or director | 2 | $9,169 | $0 |
| APRIL D ARMSTRONG MD | SENIOR DIRECTOR Trustee or director | 2 | $6,713 | $0 |
| KEVIN L GARVIN MD | PRESIDENT ELECT Trustee or director, Officer | 2 | $6,399 | $0 |
| JAMES D KANG MD | PRESIDENT Trustee or director, Officer | 2 | $6,156 | $0 |
| RICK W WRIGHT MD | SENIOR DIRECTOR (THRU 10/2023) Trustee or director | 2 | $5,766 | $0 |
| MICHAEL D DAUBS MD | DIRECTOR (THRU 10/2023) Trustee or director | 2 | $4,313 | $0 |
| FREDERICK M AZAR MD | SENIOR DIRECTOR Trustee or director | 2 | $3,784 | $0 |
| ANNE E VAN HEEST MD | SENIOR DIRECTOR Trustee or director | 2 | $3,694 | $0 |
| ERIC CONLEY | PUBLIC MEMBER Trustee or director | 2 | $3,595 | $0 |
| GREGORY GUYTON MD | DIRECTOR Trustee or director | 2 | $2,655 | $0 |
| MATTHEW R DICAPRIO MD | DIRECTOR Trustee or director | 2 | $2,620 | $0 |
| STEVEN L FRICK MD | DIRECTOR Trustee or director | 2 | $1,890 | $0 |
| JOSHUA J JACOBS MD | SENIOR DIRECTOR Trustee or director | 2 | $1,733 | $0 |
| WAYNE J SEBASTIANELLI MD | SECRETARY Trustee or director, Officer | 2 | $1,566 | $0 |
| Kyle J Jeray MD | TREASURER Trustee or director, Officer | 2 | $1,445 | $0 |
| MARTIN I BOYER MD | DIRECTOR Trustee or director | 2 | $1,400 | $0 |
| JAMES R FICKE MD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GREGORY P MCCOMIS MD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHARLES NELSON MD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SCOTT E PORTER MD | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| LISA A TAITSMAN MDMPH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRIAN R WOLF MD | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 400 SILVER CEDAR COURT, CHAPEL HILL, NC 27514-1585
- In care of
- % KATHRYN CLARK
- Principal officer (990 for 2025)
- DAVID F MARTIN MD, 400 SILVER CEDAR COURT, CHAPEL HILL, NC 27514
- Signed the 990
- DAVID F MARTIN MD, EXECUTIVE DIRECTOR
- Phone
- (919) 929-7103
- Website
- WWW.ABOS.ORG
- Return prepared by
- BDO USA
Mission
TO SERVE THE BEST INTERESTS OF THE PUBLIC AND OF THE MEDICAL PROFESSION BY ESTABLISHING EDUCATIONAL STANDARDS FOR ORTHOPAEDIC RESIDENTS AND BY EVALUATING THE INITIAL AND CONTINUING QUALIFICATIONS AND COMPETENCE OF ORTHOPAEDIC SURGEONS.
Program accomplishments
- INITIAL CERTIFICATION OF ORTHOPAEDICS: EDUCATIONAL REQUIREMENTS, PEER REVIEW, A WRITTEN EXAMINATION AND AN ORAL EXAMINATION ARE REQUIRED TO BECOME BOARD CERTIFIED. THERE WERE 754 NEW ORTHOPAEDIC SURGEONS CERTIFIED IN THE FISCAL YEAR ENDED IN 2025. CANDIDATES WHO SATISFY THE CERTIFICATION REQUIREMENTS BECOME A DIPLOMATE OF THE ORGANIZATION FOR 10 YEARS. THE ORGANIZATION HAS A TOTAL OF 29,516 DIPLOMATES DURING THE MOST RECENTLY COMPLETED FISCAL YEAR.
- SUBSPECIALTY CERTIFICATION: CERTIFICATION OF ORTHOPAEDIC SPORTS MEDICINE AND HAND SUBSPECIALTY CERTIFICATES AFTER INITIAL CERTIFICATION IS COMPLETE. THERE WERE 114 HAND SUBSPECIALTY CERTIFICATIONS FOR 2025 AND 119 SPORTS SUBSPECIALTY CERTIFICATES FOR 2025.
- RECERTIFICATION EVERY TEN YEARS: EVERY 10 YEARS DIPLOMATES MUST MEET CONTINUING EDUCATIONAL REQUIREMENTS REFERRED TO AS MAINTENANCE OF CERTIFICATION WHICH CONSISTS OF PEER REVIEW, SURGICAL CASE LIST, AND A KNOWLEDGE ASSESSMENT.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-6000057
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Exempt since
- 1950
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $60,771,157
- Income (IRS master file)
- $15,026,496
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $14,772,508 | $13,273,792 | $60,771,157 | XML |
| 990 | December 2024 | $11,703,577 | $12,996,975 | $57,264,876 | XML |
| 990 | December 2023 | $12,820,770 | $11,870,986 | $57,080,144 | XML |
| 990 | December 2022 | $322,369 | $11,496,295 | $49,562,399 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-6000057).
Questions about AMERICAN BOARD OF ORTHOPAEDIC SURGERY INC
- What is the EIN of AMERICAN BOARD OF ORTHOPAEDIC SURGERY INC?
- The employer identification number (EIN) of AMERICAN BOARD OF ORTHOPAEDIC SURGERY INC is 36-6000057.
- Is AMERICAN BOARD OF ORTHOPAEDIC SURGERY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1950.
- Which annual return does AMERICAN BOARD OF ORTHOPAEDIC SURGERY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AMERICAN BOARD OF ORTHOPAEDIC SURGERY INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN BOARD OF ORTHOPAEDIC SURGERY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of AMERICAN BOARD OF ORTHOPAEDIC SURGERY INC?
- The 990 for the year ended December 31, 2025 names DAVID F MARTIN MD.
- Who are the officers and directors of AMERICAN BOARD OF ORTHOPAEDIC SURGERY INC?
- The 990 for the year ended December 31, 2025 lists 30 people; 24 received compensation from the organization, the highest $676,939 (DAVID F MARTIN MD, EXECUTIVE DIRECTOR).
- How much revenue does AMERICAN BOARD OF ORTHOPAEDIC SURGERY INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $14,772,508, expenses of $13,273,792 and total assets of $60,771,157 at year end.
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