Overview
What is Better Markets Inc?
Better Markets Inc is a nonprofit organization situated in Washington, D.C. Their primary focus is to delve into the workings of financial markets, understanding their roles, and examining the impact of regulations on the financial system, both domestically and internationally. They engage in extensive research, participate in conferences, and submit comment letters on proposed rules, collaborating with regulators to shape future financial reform and regulation. With a commitment to promoting the public interest in capital and commodity markets, Better Markets Inc initially concentrates on rulemaking stemming from the Dodd-Frank Wall Street Reform and Consumer Protection Act and related global financial regulations, with a team of 19 dedicated employees.
Official website here: www.bettermarkets.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Better Markets Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance with a score of 90%. The organization demonstrates a high level of financial integrity, as evidenced by its independent board structure, effective oversight, and absence of material asset diversion. Additionally, it maintains robust policies regarding conflict of interest, whistleblower protections, and document retention, all contributing to its impressive accountability metrics.
On the cultural and community engagement front, Better Markets Inc scored 83%. This suggests the organization is actively working towards fostering a positive culture and community involvement, although there may still be areas for improvement. The solid equity strategies score indicates that the nonprofit is committed to promoting equitable practices within its operations and outreach.
While Better Markets Inc excels in financial practices and governance, the slightly lower score in culture and community signals that there may be opportunities for further development in this area. Overall, the organization appears to be well-managed and effective in its mission while maintaining transparency and accountability to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Better Markets Inc legitimate?
Better Markets Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Better Markets 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: $664,975
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,067,729
For more financial information, click here
Official website here: www.bettermarkets.org
What is the mission statement of Better Markets Inc?
Better Markets Inc is dedicated to promoting the public interest in both domestic and international capital and commodity markets. Their primary focus initially revolves around the rulemaking stemming from the Dodd-Frank Wall Street Reform and Consumer Protection Act and related global financial regulations. They engage in studying, researching, analyzing, and discussing the functioning of financial markets, the roles of markets, and the influence of regulations within the U.S. and globally. Better Markets Inc also takes part in writing and submitting comment letters on proposed rules, as well as meeting with regulators and other relevant parties concerning proposed or final rules related to financial reform and financial regulation.
Official website here: www.bettermarkets.org
Who is the CEO of Better Markets Inc?
Dennis M Kelleher is the Secretary/Treasurer of Better Markets Inc. The CEO's salary of Better Markets Inc is $421,100 and their total compensation is $439,147.
Official website here: www.bettermarkets.org
What is the revenue of Better Markets Inc?
Better Markets Inc's revenue in 2022 was $3,951,265.
Official website here: www.bettermarkets.org
Who are the executives of Better Markets Inc and what are their salaries?
The average compensation at Better Markets Inc during 2022 was $91,195. There are 19 employees at Better Markets Inc.
Here are 11 key members and their salaries (Better Markets Inc's CEO's salary is $421,100 and their total compensation is $439,147):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $421,100
- Related: $0
- Other: $18,047
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $214,960
- Related: $0
- Other: $10,868
- Compensation: $108,680
- Related: $0
- Other: $13,233
- Compensation: $186,750
- Related: $0
- Other: $17,388
- Compensation: $105,430
- Related: $0
- Other: $5,537
- Compensation: $111,882
- Related: $0
- Other: $36,729
Official website here: www.bettermarkets.org
Where can I find the form 990 for Better Markets Inc?
Better Markets Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bettermarkets.org
Learn more at the official website: www.bettermarkets.org
Mission Statement of Better Markets Inc
Better Markets Inc, a nonprofit organization, is dedicated to promoting the public interest in domestic and global capital and commodity markets. Their primary focus initially lies in the rulemaking arising from the Dodd-Frank Wall Street Reform and Consumer Protection Act, as well as related global financial regulations. The organization engages in extensive study, research, analysis, and discussion on how financial markets function, the role of markets, and the role of regulations in the financial system, both within the United States and internationally.
In pursuit of their mission, Better Markets Inc regularly participates in conferences and other forums to delve deeper into these topics. They also contribute by writing and filing comment letters on proposed rules, engaging in dialogue with regulators, and participating in discussions related to future proposed and final rules regarding financial reform and financial regulation. By doing so, Better Markets Inc aims to influence policy and ensure that regulations serve the public interest effectively in the complex world of capital and commodity markets.
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Impact
October, 2024
Better Markets Inc significantly influences the landscape of financial markets by promoting public interest in both domestic and global capital and commodity markets. Its work focuses on studying and analyzing how these markets operate, the critical roles they play, and the importance of regulatory frameworks. By engaging in research, discussions at conferences, and writing insightful comment letters on proposed regulations, Better Markets fosters a deeper understanding of financial systems.
The organization places particular emphasis on the rulemaking processes stemming from the Dodd-Frank Wall Street Reform and Consumer Protection Act and related global financial regulations. Through its advocacy efforts, it actively engages with regulators and stakeholders, ensuring that public interest considerations are voiced in the formulation of financial policies. This involvement helps to shape a more transparent, accountable, and stable financial system that ultimately benefits the broader public.
This information is meant to be a general summary of Better Markets 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: $10,710
- Gross Receipts: $3,951,265
Assets and Liabilities:
- Total Assets: $3,494,307
- Total Liabilities: $315,411
- Net Assets: $3,178,896
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Organization Details
Founding Year
2010
Phone
(202) 618-6464Principal Officer
Dennis M Kelleher
Main Address
2000 PENNSYLVANIA AVE NW 4008, WASHINGTON, DC, 20006
Website
www.bettermarkets.orgNTEE Category
Code: V22 - Social research
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