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Nonprofit · EIN 75-1092490

FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC

Tax-exempt · EULESS, TX 76039

Financials

$62.9M$52.2M2022$70.5M$60.1M2023$67M$65.3M2024
Revenue Expenses · by fiscal year end
Financials of FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2025990$67,031,105$65,290,835$1,740,270$115,939,404$26,380,487$89,558,917
April 30, 2024990$70,524,058$60,138,796$10,385,262$110,759,425$26,203,574$84,555,851
April 30, 2023990$62,904,225$52,195,081$10,709,144$95,672,054$23,239,041$72,433,013
Financial details: 990 for the year ended April 30, 2025

Revenue

Contributions, gifts and grants
$436,862
of which government grants
$436,862
Program service revenue
$62,494,841
Investment income
$2,285,701
Royalties
$1,466,867
Net gain from sales of assets
-$926,920
Other revenue
$1,813,701

Expenses

Grants and similar amounts paid
$500
Compensation of officers, directors and key employees
$3,932,890
Other salaries and wages
$11,919,669
Salaries, compensation and benefits (total)
$19,943,529
Professional fundraising fees
$0
Legal fees
$529,483
Accounting fees
$56,300
Occupancy
$1,183,203
Travel
$1,688,492
Depreciation
$1,646,739

Balance sheet and other

Total assets, start of year
$110,759,425
Total assets, end of year
$115,939,404
Total liabilities, end of year
$26,380,487
Net assets, end of year
$89,558,917
Land, buildings and equipment
$11,396,820
Publicly traded securities
$56,538,959
Net assets without donor restrictions
$89,558,917
Gross unrelated business income
$6,250
Gross receipts
$77,729,649
Employees
191
Volunteers
250
Year formed
1966
State of legal domicile
NE

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 April 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
HUMAYUN CHAUDHRYCEO
Officer
37$749,072$129,637
MICHAEL DUGANCIO
Officer
40$397,442$92,420
LISA ROBINCAO
Officer
40$387,349$70,123
TODD PHILLIPSCFO
Officer
40$370,518$63,412
DAVID JOHNSONCHIEF ASSESSMENT OFFICER
Officer
40$335,070$58,556
ERIC FISHCHIEF LEGAL OFFICER
Officer
40$314,819$48,928
MARK STAZCHIEF LEARNING OFFICER
Officer
40$264,707$31,601
CYNDI STREUNVP, INFORMATION SVCS
Highest-paid employee
40$242,247$43,866
AARON YOUNGVP, RESEARCH & DATA SERVICES
Highest-paid employee
40$222,224$61,493
ANDREA CICCONECHIEF OF STAFF
Officer
40$214,609$40,816
JOSEPH KNICKREHMVP, COMMUNICATIONS
Highest-paid employee
40$189,097$39,213
FRANK MEYERSDEPUTY LEGAL COUNSEL
Highest-paid employee
40$191,048$28,635
CHRISTINE WELLSDIRECTOR, PRODUCT MANAGER TRANSFORMATION & AUTOMAT
Highest-paid employee
40$183,053$31,049
KATIE TEMPLETONCHAIR
Trustee or director, Officer
18$86,385$0
JEFFREY CARTERIMMEDIATE PAST CHAIR
Trustee or director, Officer
18$83,049$0
14 more people on this return
NameTitleHours / weekCompensation
GEORGE ABRAHAMCHAIR-ELECT
Trustee or director, Officer
18$38,342
SARVAM TERKONDAOUTGOING PAST CHAIR
Trustee or director, Officer
18$36,680
MAROULLA GLEATONDIRECTOR
Trustee or director
20$6,969
ANDREA ANDERSONDIRECTOR
Trustee or director
20$5,402
CHRISTY VALENTINE THEARDDIRECTOR
Trustee or director
20$5,360
SHERIF ZAAFRANDIRECTOR
Trustee or director
20$4,898
JOSEPH WILLETTDIRECTOR
Trustee or director
20$4,508
KENNETH CLEVELANDDIRECTOR
Trustee or director
20$3,779
SHAWN PARKERDIRECTOR
Trustee or director
20$3,277
DENISE PINESDIRECTOR
Trustee or director
20$3,218
J MICHAEL WIETINGDIRECTOR
Trustee or director
20$3,026
MARK WOODLANDDIRECTOR
Trustee or director
20$2,425
ALEXIOS CARAYANNOPOULOSDIRECTOR
Trustee or director
20$0
EDWARD COUSINEAUDIRECTOR
Trustee or director
20$0
990 for the year ended April 30, 2024: 24 people
NameTitleHours / weekCompensationOther / benefits
HUMAYUN CHAUDHRYCEO
Officer
37$711,444$124,244
MICHAEL DUGANCIO
Officer
40$393,694$89,714
LISA ROBINCAO
Officer
40$378,911$69,787
TODD PHILLIPSCFO
Officer
40$339,285$59,869
DAVID JOHNSONCHIEF ASSESSMENT OFFICER
Officer
40$330,388$60,232
ERIC FISHCHIEF LEGAL OFFICER
Officer
40$307,985$49,182
AARON YOUNGASSISTANT VP, R&D
Highest-paid employee
40$214,701$61,247
CYNDI STREUNVP, INFORMATION SVCS
Highest-paid employee
40$230,163$45,747
ANDREA CICCONEVP, ENGAGEMENT AND MEMBER SVCS
Highest-paid employee
40$208,548$32,797
RITA HOU MOHSINDIRECTOR, PROJECT MANAGEMENT
Highest-paid employee
40$181,478$57,721
FRANK MEYERSDEPUTY LEGAL COUNSEL
Highest-paid employee
40$182,308$27,325
JEFFREY CARTERCHAIR
Trustee or director, Officer
18$92,036$0
SARVAM TERKONDAIMMEDIATE PAST CHAIR
Trustee or director, Officer
18$82,658$0
KATIE TEMPLETONCHAIR-ELECT
Trustee or director, Officer
18$38,526$0
KENNETH SIMONSPAST CHAIR
Trustee or director
18$34,497$0
ANDREA ANDERSONDIRECTOR
Trustee or director
20$4,846$0
MAROULLA GLEATONDIRECTOR
Trustee or director
20$4,071$0
SHERIF ZAAFRANDIRECTOR
Trustee or director
20$3,111$0
CHRISTY VALENTINE THEARDDIRECTOR
Trustee or director
20$3,055$0
SHAWN PARKERDIRECTOR
Trustee or director
20$2,744$0
GEORGE ABRAHAMDIRECTOR
Trustee or director
20$2,742$0
DENISE PINESDIRECTOR
Trustee or director
20$2,160$0
JOSEPH WILLETTDIRECTOR
Trustee or director
20$1,865$0
MARK WOODLANDDIRECTOR
Trustee or director
20$1,593$0
990 for the year ended April 30, 2023: 25 people
NameTitleHours / weekCompensationOther / benefits
HUMAYUN CHAUDHRYCEO
Officer
37$698,653$119,264
MICHAEL DUGANCIO
Officer
40$380,768$80,016
LISA ROBINCAO
Officer
40$364,052$66,083
TODD PHILLIPSCFO
Officer
40$361,149$62,199
DAVID JOHNSONCHIEF ASSESSMENT OFFICER
Officer
40$318,921$57,703
ERIC FISHCHIEF LEGAL OFFICER
Officer
40$295,369$46,583
CYNDI STREUNASSISTANT VP, INFORMATION
Highest-paid employee
40$219,313$44,900
AARON YOUNGASSISTANT VP, RESEARCH & D
Highest-paid employee
40$203,253$57,314
RITA HOU MOHSINDIRECTOR, PROJECT MANAGEMENT
Highest-paid employee
40$166,014$52,792
JOSEPH KNICKREHMVICE PRESIDENT, COMMUNICATIONS
Highest-paid employee
40$167,610$34,442
FRANK MEYERSDEPUTY LEGAL COUNSEL
Highest-paid employee
40$165,944$5,688
KENNETH SIMONSIMMEDIATE PAST CHAIR
Trustee or director, Officer
18$84,160$0
SARVAM TERKONDACHAIR
Trustee or director, Officer
18$81,866$0
JEFFREY CARTERCHAIR-ELECT
Trustee or director, Officer
18$34,366$0
CHERYL WALKER-MCGILLPAST CHAIR
Trustee or director
18$32,500$0
ANDREA ANDERSONDIRECTOR
Trustee or director
20$8,629$0
SHAWN PARKERDIRECTOR
Trustee or director
20$7,741$0
JONE GEIMER-FLANDERSTREASURER
Trustee or director, Officer
20$6,973$0
DENISE PINESDIRECTOR
Trustee or director
20$6,911$0
JOSEPH WILLETTDIRECTOR
Trustee or director
20$5,968$0
KATIE TEMPLETONDIRECTOR
Trustee or director
18$4,003$0
MAROULLA GLEATONDIRECTOR
Trustee or director
20$3,647$0
BARBARA WALKERDIRECTOR
Trustee or director
20$2,692$0
GEORGE ABRAHAMDIRECTOR
Trustee or director
20$1,570$0
MARK WOODLANDDIRECTOR
Trustee or director
20$1,419$0

Address and contacts

Address (IRS master file)
400 FULLER WISER RD, EULESS, TX 76039-3874
In care of
% KEITH CLARK
Principal officer (990 for 2024)
DR HUMAYUN J CHAUDHRY, 400 FULLER WISER ROAD, EULESS, TX 76039
Signed the 990
DR HUMAYUN J CHAUDHRY DO, CEO
Phone
(817) 868-4000
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

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.

990 for the year ended April 30, 2025

Program accomplishments

  • CREDENTIALS VERIFICATION SERVICE:THE CREDENTIALS VERIFICATION SERVICE ESTABLISHES A PERMANENT, LIFETIME REPOSITORY OF PRIMARY-SOURCE VERIFIED CORE CREDENTIALS FOR PHYSICIANS AND PHYSICIAN ASSISTANTS ELIMINATING THE NEED TO GO THROUGH THE TIME AND EFFORT OF ASSEMBLING AND FORWARDING THIS INFORMATION EVERY TIME THEY NEED TO BE CREDENTIALED OR LICENSED.
  • MEMBER SERVICES:FSMB SUPPORTS STATE MEDICAL BOARDS AS THEY PROTECT THE PUBLIC AND PROMOTE QUALITY HEALTH CARE, PARTNERING AND INNOVATING WITH THEM TO SHAPE THE FUTURE OF MEDICAL REGULATION.
  • SPECIAL PURPOSE EXAMINATION (SPEX) AND UNITED STATES MEDICAL LICENSING EXAMINATION (USMLE):THE FEDERATION MAKES AVAILABLE TO MEMBER MEDICAL BOARDS, A UNIFORM, HIGH QUALITY EXAMINATION FOR MEDICAL LICENSURE ALONG WITH ADMINISTERING THE EXAMS. APPROXIMATELY 97 SPEX EXAMS WERE COMPLETED AND 38,283 EXAMINEES SAT FOR STEP THREE OF USMLE. ALSO, APPROXIMATELY 113,294 TRANSCRIPT REQUESTS WERE PROCESSED.
  • PHYSICIAN DATA CENTER:THE FEDERATION MAINTAINS A DATABASE OF PHYSICIANS LICENSED IN THE US AND ITS TERRITORIES. STATE MEDICAL BOARDS PROVIDE DISCIPLINARY UPDATES ON PHYSICIANS LICENSED IN EACH JURISDICTION. OVER 378,921 DATA AND/OR DISCIPLINARY SEARCHES WERE MADE DURING THE YEAR.

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 April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026Not on file
2024April 30, 2025September 15, 2025990 on file
2023April 30, 2024September 16, 2024990 on file

IRS record

EIN
75-1092490
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2009
Accounting year ends
April
Files
Form 990 or 990-EZ
Assets (IRS master file)
$115,939,404
Income (IRS master file)
$77,729,649

Filing history

FormYear endedRevenueExpensesAssetsReturn
990April 2025$67,031,105$65,290,835$115,939,404XML
990April 2024$70,524,058$60,138,796$110,759,425XML
990April 2023$62,904,225$52,195,081$95,672,054XML
990April 2022$61,293,815$51,947,871$83,006,184IRS
990April 2021–––IRS
990April 2020–––IRS
990April 2019–––IRS
990April 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 75-1092490).

Questions about FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC

What is the EIN of FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC?
The employer identification number (EIN) of FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC is 75-1092490.
Is FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2009.
Are donations to FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES 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 FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC due?
The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended April 2025.
Who is the principal officer of FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC?
The 990 for the year ended April 30, 2025 names DR HUMAYUN J CHAUDHRY.
Who are the officers and directors of FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC?
The 990 for the year ended April 30, 2025 lists 29 people; 27 received compensation from the organization, the highest $749,072 (HUMAYUN CHAUDHRY, CEO).
How much revenue does FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC have?
On its 990 for the year ended April 30, 2025 it reported revenue of $67,031,105, expenses of $65,290,835 and total assets of $115,939,404 at year end.

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