Better Business Bureau Of Central New England Inc

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

EIN: 042300503 ✦ Worcester, MA ✦ Designated as a 501(c)(6)

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Overview

What is Better Business Bureau Of Central New England Inc?

Better Business Bureau of Central New England Inc, headquartered in Worcester, Massachusetts, is a renowned nonprofit organization committed to fostering honesty, truthfulness, and reliability in business practices. Its mission is to be a pioneer in advancing marketplace trust, achieving this goal by creating a community of trustworthy businesses, establishing marketplace standards, championing and supporting best practices, recognizing model businesses, and condemning unsatisfactory marketplace conduct. The organization, with a team of 23 employees, is dedicated to enhancing public confidence by promoting integrity and dependability in the business world.


Official website here: www.cne.bbb

Is Better Business Bureau Of Central New England Inc legitimate?

Better Business Bureau Of Central New England Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Better Business Bureau Of Central New England 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $149,608
Professional Fundraising Fees: $0
Other Salaries and Wages: $563,125

For more financial information, click here


Official website here: www.cne.bbb

What is the mission statement of Better Business Bureau Of Central New England Inc?

The Better Business Bureau of Central New England Inc's mission is centered around leading the advancement of marketplace trust. They achieve this by establishing a community of trustworthy businesses, setting standards for marketplace trust, encouraging and supporting best practices, recognizing marketplace role models, and condemning substandard marketplace behavior. The organization's actions are geared towards fostering a reliable and trustworthy business environment.


Official website here: www.cne.bbb

Who is the CEO of Better Business Bureau Of Central New England Inc?

Nancy B Cahalen is the CEO of Better Business Bureau Of Central New England Inc The CEO's salary of Better Business Bureau Of Central New England Inc is $149,608 and their total compensation is $166,872.


Official website here: www.cne.bbb

What is the revenue of Better Business Bureau Of Central New England Inc?

Better Business Bureau Of Central New England Inc's revenue in 2023 was $1,449,144.


Official website here: www.cne.bbb

Who are the executives of Better Business Bureau Of Central New England Inc and what are their salaries?

The average compensation at Better Business Bureau Of Central New England Inc during 2023 was $24,577. There are 29 employees at Better Business Bureau Of Central New England Inc.

Here are 16 key members and their salaries (Better Business Bureau Of Central New England Inc's CEO's salary is $149,608 and their total compensation is $166,872):


Stephan C Chase (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alfred H Colonna Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel J Harrington Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Lazarus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Kasabula (Chair Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Madigan (Former Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Duffy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Porter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ger Ronan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Casey Cormier (Vice Chair Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey B Locke (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Mouradian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolann Strickling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy B Cahalen (Ceo/Clerk)
  • Compensation: $149,608
  • Related: $5,200
  • Other: $12,064


Official website here: www.cne.bbb

Where can I find the form 990 for Better Business Bureau Of Central New England Inc?

Better Business Bureau Of Central New England Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cne.bbb

Learn more at the official website: www.cne.bbb

Mission Statement of Better Business Bureau Of Central New England Inc

The Better Business Bureau of Central New England Inc is dedicated to leading the advancement of marketplace trust. This mission is achieved by establishing a community of reliable businesses, setting standards for trustworthiness, encouraging and supporting best business practices, recognizing marketplace role models, and condemning substandard business behavior. By undertaking these activities, the Better Business Bureau of Central New England Inc aims to foster an environment where consumers and businesses can interact with confidence, ensuring that trust is at the heart of all transactions.

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Impact




October, 2024

Better Business Bureau of Central New England Inc plays a vital role in enhancing trust within the marketplace. By promoting honesty, truthfulness, and dependability in advertising and all business practices, it significantly increases public confidence. The organization accomplishes its mission by fostering a community of trustworthy businesses, which sets a standard for market integrity.

Through its initiatives, the bureau encourages and supports best practices among businesses, recognizing those that exemplify high standards of service and ethical conduct. By celebrating marketplace role models, it provides a clear benchmark for others to aspire to, while actively denouncing substandard behaviors that undermine consumer trust. This proactive approach not only protects consumers but also helps reputable businesses thrive in a fair and transparent marketplace. Ultimately, the Better Business Bureau of Central New England Inc is instrumental in advancing marketplace trust and promoting a healthier economic environment in Worcester and beyond.




This information is meant to be a general summary of Better Business Bureau Of Central New England Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,449,144 (2023)
Expenses
$1,361,729 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $52,246
  • Program Service Revenue: $1,396,898
  • Gross Receipts: $1,449,144

Assets and Liabilities:

  • Total Assets: $2,066,562
  • Total Liabilities: $1,540
  • Net Assets: $2,065,022

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Programs

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

MEMBERSHIP FEES

Revenue

$1,181,420

SPONSORSHIP INCOME

Revenue

$207,378

EVENTS, SEMINARS, AND

Revenue

$8,100

Organization Details

Founding Year

1945

Principal Officer

Nancy Cahalen

NTEE Category

Code: W90 - Public benefit

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