Overview
What is The Better Business Bureau Inc?
The Better Business Bureau Inc is a prominent nonprofit organization committed to fostering an honest and reliable marketplace. Their primary objective is to establish a foundation of trust between buyers and sellers by advocating for ethical business practices. They achieve this by setting marketplace standards, promoting and endorsing these standards, and recognizing exemplary businesses that uphold these principles. The Better Business Bureau Inc also focuses on educating both consumers and businesses, aiming to empower them with the knowledge necessary to make informed decisions. Additionally, they celebrate businesses that serve as role models in the marketplace, fostering a culture of integrity and accountability.
Official website here: www.bbb.org
Is The Better Business Bureau Inc legitimate?
The Better Business Bureau Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Better Business Bureau 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: $472,478
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,885,292
For more financial information, click here
Official website here: www.bbb.org
What is the mission statement of The Better Business Bureau Inc?
The Better Business Bureau Inc's mission is centered around fostering an honest and reliable marketplace. Their vision is to lead in promoting trust and education within businesses and consumers. They set standards for marketplace trust, actively encourage and support best practices, and interact with both consumers and businesses to promote these principles. Moreover, they recognize and celebrate businesses that uphold these ethical marketplace standards.
Official website here: www.bbb.org
Who is the CEO of The Better Business Bureau Inc?
Warren E Clark is the President & Ceo of The Better Business Bureau Inc. The CEO's salary of The Better Business Bureau Inc is $234,279 and their total compensation is $249,316.
Official website here: www.bbb.org
What is the revenue of The Better Business Bureau Inc?
The Better Business Bureau Inc's revenue in 2022 was $3,794,201.
Official website here: www.bbb.org
Who are the executives of The Better Business Bureau Inc and what are their salaries?
The average compensation at The Better Business Bureau Inc during 2022 was $50,165. There are 47 employees at The Better Business Bureau Inc.
Here are 26 key members and their salaries (The Better Business Bureau Inc's CEO's salary is $234,279 and their total compensation is $249,316):
- Compensation: $234,279
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- Other: $15,037
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- Compensation: $101,256
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Official website here: www.bbb.org
Where can I find the form 990 for The Better Business Bureau Inc?
The Better Business Bureau Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bbb.org
Learn more at the official website: www.bbb.org
Mission Statement of The Better Business Bureau Inc
The Better Business Bureau Inc, as a visionary entity, aims to lead the advancement of marketplace trust and education for both businesses and consumers. Their mission is centered around fostering an ethical marketplace where buyers and sellers can rely on each other's integrity. The organization accomplishes this by establishing standards for marketplace trust, promoting and backing best practices, and recognizing exemplary role models in the marketplace. By engaging with and educating both businesses and consumers, The Better Business Bureau Inc works towards establishing a trustworthy and reliable marketplace ecosystem.
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Impact
October, 2024
The Better Business Bureau Inc plays a vital role in promoting marketplace trust and educating both consumers and businesses. By setting standards for ethical business practices, it fosters an environment where buyers and sellers can engage confidently. Its initiatives encourage businesses to adopt best practices, ensuring transparency and accountability in their operations.
Through various programs, the organization actively engages with consumers, helping them make informed decisions while also highlighting successful marketplace role models. This dual focus not only elevates the standards of commerce but also builds a culture of trust within the community. Overall, The Better Business Bureau's efforts contribute significantly to creating a more ethical and trustworthy marketplace for everyone involved.
This information is meant to be a general summary of The Better Business Bureau 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $14,178
- Program Service Revenue: $3,750,184
- Gross Receipts: $3,875,212
Assets and Liabilities:
- Total Assets: $5,241,850
- Total Liabilities: $1,212,262
- Net Assets: $4,029,588
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$3,715,186
ADVERTISING FEES
Revenue
$31,238
ARBITRATION
Revenue
$3,760
Organization Details
Founding Year
1923
Phone
(716) 881-5222Principal Officer
Warren E Clark
Main Address
100 BRYANT WOODS SOUTH, AMHERST, NY, 14228
Website
www.bbb.orgNTEE Category
Code: W90 - Public benefit
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