Overview
What is Better Business Bureau Of Metropolitan Washington Dc?
The Better Business Bureau of Metropolitan Washington D.C. is a voluntary member organization, headquartered at 1411 K Street NW, 10th Floor, Washington, D.C. 20005. Their primary mission involves providing information, monitoring marketing and advertising activities, resolving consumer complaints, and offering public education. They serve both businesses and consumers, aiming to promote ethical business practices and ensure a positive marketplace experience. Their activities encompass handling consumer telephone inquiries and complaints, ensuring businesses adhere to responsible marketing standards, and educating the public on consumer-related matters. With a workforce of 50 individuals, they actively contribute to fostering trust and transparency in the local business community.
Official website here: www.dc.bbb.org
Is Better Business Bureau Of Metropolitan Washington Dc legitimate?
Better Business Bureau Of Metropolitan Washington Dc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Better Business Bureau Of Metropolitan Washington Dc 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: $618,074
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,332,880
For more financial information, click here
Official website here: www.dc.bbb.org
What is the mission statement of Better Business Bureau Of Metropolitan Washington Dc?
The Better Business Bureau of Metropolitan Washington D.C. serves as a voluntary member organization, dedicated to providing valuable information, monitoring marketing and advertising practices, resolving consumer complaints, and educating both businesses and consumers. Its mission, in simple terms, is to act as a mediator between businesses and consumers, ensuring fairness and transparency in transactions. The organization handles consumer inquiries and complaints, aiming to promote trust and understanding between businesses and their customers. By doing so, it contributes to a more informed and protected consumer market.
Official website here: www.dc.bbb.org
Who is the CEO of Better Business Bureau Of Metropolitan Washington Dc?
Edward Johnson Iii is the President/Ceo of Better Business Bureau Of Metropolitan Washington Dc. The CEO's salary of Better Business Bureau Of Metropolitan Washington Dc is $495,153 and their total compensation is $584,198.
Official website here: www.dc.bbb.org
What is the revenue of Better Business Bureau Of Metropolitan Washington Dc?
Better Business Bureau Of Metropolitan Washington Dc's revenue in 2022 was $5,350,301.
Official website here: www.dc.bbb.org
Who are the executives of Better Business Bureau Of Metropolitan Washington Dc and what are their salaries?
The average compensation at Better Business Bureau Of Metropolitan Washington Dc during 2022 was $59,019. There are 50 employees and 14 volunteers at Better Business Bureau Of Metropolitan Washington Dc.
Here are 16 key members and their salaries (Better Business Bureau Of Metropolitan Washington Dc's CEO's salary is $495,153 and their total compensation is $584,198):
- Compensation: $495,153
- Related: $0
- Other: $89,045
- Compensation: $162,065
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- Other: $20,050
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Official website here: www.dc.bbb.org
Where can I find the form 990 for Better Business Bureau Of Metropolitan Washington Dc?
Better Business Bureau Of Metropolitan Washington Dc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dc.bbb.org
Learn more at the official website: www.dc.bbb.org
Mission Statement of Better Business Bureau Of Metropolitan Washington Dc
The Better Business Bureau of Metropolitan Washington D.C. serves as a voluntary member organization, playing a crucial role in providing information, marketing and advertising monitoring, complaint resolution, and public education to both businesses and consumers. Their mission is centered around promoting transparency and trust within the marketplace. By offering information, monitoring marketing and advertising practices, and resolving consumer complaints, the Better Business Bureau helps foster a fair and reliable business environment. Additionally, they engage in public education efforts to empower consumers with the knowledge they need to make informed decisions. Their activities not only protect consumers but also contribute to the overall growth and success of businesses, thereby strengthening the local economy.
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Impact
October, 2024
The Better Business Bureau of Metropolitan Washington DC significantly impacts the local business landscape and consumer trust. By serving as a resource for both businesses and consumers, it fosters a more transparent marketplace. The organization provides valuable information and oversight through marketing and advertising monitoring, helping ensure that businesses adhere to ethical practices.
In its role as a mediator, the BBB facilitates complaint resolution, empowering consumers to voice their concerns and enabling businesses to address issues effectively. This process not only helps resolve disputes but also promotes accountability and improvement among businesses. Additionally, the BBB engages in public education initiatives, informing consumers about their rights and best practices for engaging with businesses.
Through these multifaceted efforts, the Better Business Bureau enhances consumer confidence while supporting businesses in maintaining a reputable presence in the community. This dynamic contributes to a healthier economic environment where ethical standards are upheld, ultimately benefiting both consumers and businesses alike.
This information is meant to be a general summary of Better Business Bureau Of Metropolitan Washington Dc. 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: $650,351
- Program Service Revenue: $4,423,889
- Gross Receipts: $8,080,803
Assets and Liabilities:
- Total Assets: $11,908,865
- Total Liabilities: $1,622,938
- Net Assets: $10,285,927
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFINITY PROGRAMS
Revenue
$8,280
MEMBERSHIP DUES
Revenue
$4,390,564
APPLICATION FEES
Revenue
$22,980
ARBITRATION & AUTOLINE PRGM
Revenue
$2,065
Organization Details
Founding Year
1920
Phone
(202) 393-8031Principal Officer
Edward Johnson Iii
Main Address
1411 K Street NW 10th Floor, Washington, DC, 200053404
Website
www.dc.bbb.orgNTEE Category
Code: W90 - Public benefit
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