Overview
What is Better Business Bureau Institute For Marketplace Ethics?
The Better Business Bureau Institute for Marketplace Ethics is a nonprofit organization that champions ethical business practices. Their primary activity revolves around honoring companies that demonstrate exceptional ethics and integrity across various aspects of their operations. They achieve this through their annual Torch Awards for Ethics ceremony, where they recognize and celebrate these model organizations. The institute's mission is centered around promoting and recognizing ethical behavior in the marketplace.
Official website here: www.bbb.org/minnesota/
Is Better Business Bureau Institute For Marketplace Ethics legitimate?
Better Business Bureau Institute For Marketplace Ethics is a legitimate nonprofit organization registered as a 501(c)(3) entity. Better Business Bureau Institute For Marketplace Ethics submitted a form 990EZ, 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.
Official website here: www.bbb.org/minnesota/
What is the mission statement of Better Business Bureau Institute For Marketplace Ethics?
The Better Business Bureau Institute for Marketplace Ethics, as part of its mission, recognizes and honors companies that exemplify high ethics and integrity in their operations. This is done annually through the Torch Awards for Ethics ceremony. The organization aims to celebrate and promote these role models in the marketplace, inspiring others to follow suit. By doing so, they contribute to fostering a business environment based on ethical conduct and integrity.
Official website here: www.bbb.org/minnesota/
Who is the CEO of Better Business Bureau Institute For Marketplace Ethics?
Elisabeth Jemtrud is the Executive Director of Better Business Bureau Institute For Marketplace Ethics.
Official website here: www.bbb.org/minnesota/
What is the revenue of Better Business Bureau Institute For Marketplace Ethics?
Better Business Bureau Institute For Marketplace Ethics's revenue in 2022 was $171,582.
Official website here: www.bbb.org/minnesota/
Who are the executives of Better Business Bureau Institute For Marketplace Ethics and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.bbb.org/minnesota/
Where can I find the form 990EZ for Better Business Bureau Institute For Marketplace Ethics?
Better Business Bureau Institute For Marketplace Ethics's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.bbb.org/minnesota/
Learn more at the official website: www.bbb.org/minnesota/
Mission Statement of Better Business Bureau Institute For Marketplace Ethics
The Better Business Bureau Institute for Marketplace Ethics, in its mission, honors organizations that exemplify integrity and ethical conduct in their operations. Annually, they host the Torch Awards for Ethics ceremony to celebrate these marketplace role models. By recognizing these companies, the Institute aims to inspire other businesses to uphold similar ethical standards.
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Impact
October, 2024
The Better Business Bureau Institute For Marketplace Ethics has a significant impact by promoting ethical business practices and fostering trust in the marketplace. Through initiatives like the Torch Awards for Ethics ceremony, the Institute recognizes and honors companies that demonstrate exceptional integrity and ethical behavior in their operations. This recognition not only highlights role models in the business community but also sets a benchmark for others to strive toward, encouraging a culture of accountability and ethical conduct.
By celebrating these role models, the Institute helps elevate the standards of business ethics, driving companies to adopt practices that prioritize honesty, transparency, and fairness. This, in turn, enhances the overall trust between consumers and businesses, contributing to a healthier marketplace where ethical considerations play a pivotal role in consumer choices. The Institute's efforts in community improvement through ethical leadership ultimately aim to create a business environment characterized by integrity, which benefits consumers, businesses, and the community at large.
This information is meant to be a general summary of Better Business Bureau Institute For Marketplace Ethics. 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: $1,559
- Program Service Revenue: $15,676
- Gross Receipts: $171,582
Assets and Liabilities:
- Total Assets: $380,445
- Total Liabilities: $29,316
- Net Assets: $351,129
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Organization Details
Phone
(651) 695-2477Principal Officer
Elisabeth Jemtrud
Main Address
220 S River Ridge Circle, Burnsville, MN, 55337
Website
www.bbb.org/minnesota/NTEE Category
Code: S11 - Community improvement
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