Better Business Bureau - Central Il

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

EIN: 370177350 ✦ Peoria, IL ✦ Designated as a 501(c)(6)

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Overview

What is Better Business Bureau - Central Il?

Better Business Bureau Central Il is a nonprofit organization situated in Peoria, Illinois. Primarily focused on serving small businesses and entrepreneurs, they offer management services to help foster ethical business practices. With an annual revenue of $712,388, they strive to contribute positively to their local business community. Their mission aligns with promoting ethical conduct in business operations, thereby fostering a trustworthy business environment.


Official website here: www.heartofillinois.bbb.org

Is Better Business Bureau - Central Il legitimate?

Better Business Bureau - Central Il is a legitimate nonprofit organization registered as a 501(c)(6) entity. Better Business Bureau - Central Il 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $279,872

For more financial information, click here


Official website here: www.heartofillinois.bbb.org

What is the mission statement of Better Business Bureau - Central Il?

The Better Business Bureau Central Il is committed to the promotion of ethical business practices. In carrying out this mission, they offer management services to small businesses and entrepreneurs, aiming to foster a business environment based on honesty and integrity. Their activities are geared towards ensuring that businesses operate in a manner that benefits both the enterprise and its customers, ultimately contributing to a stronger and more trustworthy marketplace. While the organization does not conduct research or provide resources like some other organizations, its focus on ethical business practices remains a significant contribution to the business community.


Official website here: www.heartofillinois.bbb.org

Who is the CEO of Better Business Bureau - Central Il?

Jessica Tharp is the Ceo/Presiden of Better Business Bureau - Central Il. The CEO's salary of Better Business Bureau - Central Il is $102,480 and their total compensation is $102,480.


Official website here: www.heartofillinois.bbb.org

What is the revenue of Better Business Bureau - Central Il?

Better Business Bureau - Central Il's revenue in 2022 was $776,075.


Official website here: www.heartofillinois.bbb.org

Who are the executives of Better Business Bureau - Central Il and what are their salaries?

The average compensation at Better Business Bureau - Central Il during 2022 was $46,645. There are 6 employees at Better Business Bureau - Central Il.


Here are 11 key members and their salaries (Better Business Bureau - Central Il's CEO's salary is $102,480 and their total compensation is $102,480):


Jessica Tharp (Ceo/Presiden)
  • Compensation: $102,480
  • Related: $0
  • Other: $0
John Blasek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denny Boulton (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Cecil (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Gabbert (Executive Co)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Getz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Jackson (Executive Co)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Landstrom (Executive Co)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Miller (Executive Co)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Simpson (Vice Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Sutton Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.heartofillinois.bbb.org

Where can I find the form 990 for Better Business Bureau - Central Il?

Better Business Bureau - Central Il's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.heartofillinois.bbb.org

Learn more at the official website: www.heartofillinois.bbb.org

Mission Statement of Better Business Bureau - Central Il

Better Business Bureau Central Il, as a mission-driven organization, is dedicated to fostering ethical business practices. Specifically, it offers management services to support small businesses and entrepreneurs. By doing so, it contributes to the enhancement of the business landscape, promoting integrity and trust within the business community. The organization generated a total revenue of $712,388 in the previous year, demonstrating its operational effectiveness and commitment to its cause.

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Impact




October, 2024

Better Business Bureau - Central IL plays a crucial role in promoting ethical business practices among small businesses and entrepreneurs in the region. By offering management services, it equips these entities with the tools and guidance needed to operate responsibly and efficiently. This support not only helps foster a culture of integrity and trust within the business community but also enhances consumer confidence in local businesses.

In its recent operational year, the organization generated $712,388 in total revenues, indicating a significant commitment to its mission and the effectiveness of its services in supporting local enterprises. Located in Peoria, IL, the Better Business Bureau - Central IL is a vital resource for businesses aiming to establish their credibility and uphold high standards of service. The impact of this organization extends beyond individual businesses; it contributes positively to the overall economic environment by encouraging ethical practices that benefit consumers and the community alike.




This information is meant to be a general summary of Better Business Bureau - Central Il. 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
$776,075 (2022)
Expenses
$679,791 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $16,766
  • Program Service Revenue: $698,320
  • Gross Receipts: $781,527

Assets and Liabilities:

  • Total Assets: $1,199,295
  • Total Liabilities: $202,272
  • Net Assets: $997,023

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Programs

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

MEMBERSHIP DUES & ASSESSMENTS

Revenue

$698,320

Organization Details

Founding Year

1920

Principal Officer

Jessica Tharp

Main Address

8100 N UNIVERSITY, PEORIA, IL, 61615

NTEE Category

Code: W90 - Public benefit

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