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Better Business Bureau Inc

New Better Business Bureau Inc

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

EIN: 470258465 ✦ Omaha, NE ✦ Designated as a 501(c)(6)

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Overview

What is Better Business Bureau Inc?

Better Business Bureau Inc, operating as New Better Business Bureau Inc at 11811 P Street, Omaha, NE 68137, is a distinguished nonprofit organization dedicated to fostering trustworthy business practices within the community. Its primary role involves reviewing advertisements, processing complaints against businesses, and setting standards for marketplace trust. By actively promoting ethical business conduct, the organization serves as a community of trustworthy businesses, celebrating role models and denouncing substandard behavior. With a team of 51 employees, Better Business Bureau Inc strives to encourage and support best business practices, contributing to a more trustworthy marketplace.


Official website here: www.bbbnebraska.org

Is Better Business Bureau Inc legitimate?

Better Business Bureau Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. 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: $356,188
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,675,145

For more financial information, click here


Official website here: www.bbbnebraska.org

What is the mission statement of Better Business Bureau Inc?

The Better Business Bureau Inc's mission is centered around advancing marketplace trust. This is achieved by several strategies. Firstly, they strive to establish a community of trustworthy businesses, encouraging businesses to uphold ethical practices. Secondly, they set standards for marketplace trust, outlining what constitutes acceptable behavior for businesses. Thirdly, they encourage and support best business practices, providing guidance and resources for businesses to follow. Fourthly, they celebrate marketplace role models, recognizing and highlighting businesses that exemplify trustworthy behavior. Lastly, they denounce substandard marketplace behavior, taking a firm stance against unethical practices. They achieve this through processes like reviewing advertisements and handling complaints against businesses.


Official website here: www.bbbnebraska.org

Who is the CEO of Better Business Bureau Inc?

Scott Vyskocil is the Chair of Better Business Bureau Inc. The CEO's salary of Better Business Bureau Inc is $324,025 and their total compensation is $435,026.


Official website here: www.bbbnebraska.org

What is the revenue of Better Business Bureau Inc?

Better Business Bureau Inc's revenue in 2022 was $5,393,431.


Official website here: www.bbbnebraska.org

Who are the executives of Better Business Bureau Inc and what are their salaries?

The average compensation at Better Business Bureau Inc during 2022 was $39,830. There are 51 employees at Better Business Bureau Inc.


Here are 14 key members and their salaries (Better Business Bureau Inc's CEO's salary is $324,025 and their total compensation is $435,026):


Mike Sweeney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Otto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Stephens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Barton (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Hiemstra (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Wilhelm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Bosch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Whitehead (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Plageman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Vyskocil (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Kiani (Secretary/ Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Berger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Downey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Hegarty (President/Ceo)
  • Compensation: $324,025
  • Related: $0
  • Other: $111,001


Official website here: www.bbbnebraska.org

Where can I find the form 990 for Better Business Bureau Inc?

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


Official website here: www.bbbnebraska.org

Learn more at the official website: www.bbbnebraska.org

Mission Statement of Better Business Bureau Inc

Better Business Bureau Inc, abbreviated as BBB, aims to be a pioneer in fostering marketplace trust. This mission is achieved through five key strategies. Firstly, BBB aspires to build a community of trustworthy businesses. Secondly, it sets standards for marketplace trust, ensuring that businesses adhere to ethical practices. Thirdly, BBB encourages and supports best business practices, recognizing and celebrating those that exemplify marketplace integrity. Lastly, BBB denounces substandard marketplace behavior, standing against unethical business conduct. In essence, the Better Business Bureau Inc works tirelessly to create an environment where consumers can confidently engage in business transactions, knowing that they are supported by a network of trustworthy businesses.

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Impact




October, 2024

Better Business Bureau Inc has a significant impact on fostering a trustworthy marketplace by promoting ethical business practices within the community. By reviewing advertisements and processing complaints against businesses, it plays a crucial role in holding companies accountable and ensuring transparency in their operations.

The organization actively works to create a community of trustworthy businesses, setting standards that encourage best practices among its members. This commitment not only enhances consumer confidence but also uplifts businesses that adhere to high ethical standards, celebrating those that exemplify excellence in their practices.

By denouncing substandard behavior, Better Business Bureau Inc cultivates an environment where ethical conduct is recognized and rewarded, contributing to overall community improvement. Through these initiatives, it helps establish a marketplace characterized by trust, integrity, and mutual respect among businesses and consumers alike.




This information is meant to be a general summary of 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.

Revenue
$5,393,431 (2022)
Expenses
$5,207,992 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $416,989
  • Program Service Revenue: $505,491
  • Gross Receipts: $5,813,615

Assets and Liabilities:

  • Total Assets: $8,070,443
  • Total Liabilities: $2,025,942
  • Net Assets: $6,044,501

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Programs

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

MEMBERSHIP DIRECTORY

Revenue

$478,471

SES INCOME

Revenue

$21,306

MISC INCOME

Revenue

$5,714

Organization Details

Founding Year

1912

Principal Officer

Scott Vyskocil

Main Address

11811 P ST, OMAHA, NE, 681372203

NTEE Category

Code: S41 - Community improvement

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