ABAI Expenses
The American Board of Allergy and Immunology (ABAI) is a 501c 6 nonprofit organization. All of the ABAI financial support comes from Certification Examination fees and Annual MOC fees. ABAI staff works diligently to curtail expenses. The Consumer Price Index (CPI) increased by twelve percent (12%) since 2015, the ABAI has realized a four percent (4%) increase in administration costs even though costs in items such as rent, professional services, insurance and meeting expenses have continued to rise. ABAI was able to develop and maintain the MOC Continuous Assessment Program (CAP) without an increase in cost to diplomates amortized over a twelve-year period. The proportions of income and expenses for initial certification and MOC have remained stable for more than eleven (11) years. The categories of the expense pie chart are described below:
- Initial Certification / MOC Indirect Cost – general operating expenses, governance personnel
- Initial Certification Assessment Direct Costs – meetings, secure item bank administration, psychometrics, computer based testing (CBT) exam costs, ABMS per capita expenses, certificate printing, computer consulting, certification program personnel
- MOC Assessment Direct Costs – meetings, secure item bank administration, psychometrics, self-assessment activity development and maintenance, computer consulting, website development and maintenance, certificate printing, MOC program personnel
All ABAI Directors serve the Board on a voluntary basis with no direct compensation for their time other than a small honorarium and reimbursement of travel expenses of board meetings.
|
| Certification Fees |
$ 502,000 |
| MOC Fees |
$ 1,596,900 |
| Other Interest |
$ 190,489 |
| Total Income |
$ 2,289,389 |
|
| |
|
| Operations / General Expenses |
$ 187,448 |
| Initial Certification Program |
$ 767,549 |
| Continuing Certification / MOC Program |
$ 1,018,137 |
| Total Expenses |
$ 1,973,134 |
|
Click here to download ABAI's 2022 Form 990
