Overview
What is Better Business Bureau?
The Better Business Bureau, located in Roanoke, Virginia, is a nonprofit organization with a primary mission to foster a strong bond between businesses and the public. They achieve this objective by advocating for ethical conduct through voluntary self-regulation, educating both consumers and businesses, and encouraging service excellence. With a team of 16 dedicated individuals, they strive to establish and uphold high ethical standards, thereby fostering trust and confidence in the marketplace.
Official website here: www.bbb.org
Is Better Business Bureau legitimate?
Better Business Bureau is a legitimate nonprofit organization registered as a 501(c)(6) entity. Better Business Bureau 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: $181,998
Professional Fundraising Fees: $0
Other Salaries and Wages: $447,368
For more financial information, click here
Official website here: www.bbb.org
What is the mission statement of Better Business Bureau?
The Better Business Bureau's mission is to foster a strong bond of trust between businesses and the public. They achieve this goal through voluntary self-regulation, encouraging businesses to adhere to ethical standards. Additionally, the organization provides educational resources for both businesses and consumers, aiming to enhance understanding and improve business practices. Service excellence is another key focus, with the BBB working to promote high-quality services to ensure consumer satisfaction. Overall, the Better Business Bureau strives to promote ethical business conduct and protect consumers through its various initiatives.
Official website here: www.bbb.org
Who is the CEO of Better Business Bureau?
Julie Wheeler is the CEO of Better Business Bureau The CEO's salary of Better Business Bureau is $181,998 and their total compensation is $194,738.
Official website here: www.bbb.org
What is the revenue of Better Business Bureau?
Better Business Bureau's revenue in 2024 was $1,552,363.
Official website here: www.bbb.org
Who are the executives of Better Business Bureau and what are their salaries?
The average compensation at Better Business Bureau during 2024 was $44,955. There are 14 employees at Better Business Bureau.
Here are 24 key members and their salaries (Better Business Bureau's CEO's salary is $181,998 and their total compensation is $194,738):
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Official website here: www.bbb.org
Where can I find the form 990 for Better Business Bureau?
Better Business Bureau's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.bbb.org
Learn more at the official website: www.bbb.org
Mission Statement of Better Business Bureau
The Better Business Bureau, as a renowned organization, strives to foster a strong and ethical bond between businesses and the public. They accomplish this goal through three primary methods: voluntary self-regulation, consumer and business education, and a commitment to service excellence. By implementing these strategies, the Better Business Bureau aims to elevate business conduct to the highest ethical standards, ultimately benefiting both businesses and the public at large. Their mission is a testament to their dedication towards promoting integrity and trust in the business world.
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Impact
October, 2024
The Better Business Bureau (BBB) significantly impacts the marketplace by fostering trust between consumers and businesses. By promoting the highest ethical standards, the BBB encourages voluntary self-regulation among businesses, leading to enhanced accountability and transparency. This commitment to ethical practices boosts consumer confidence, as individuals are more likely to engage with companies that adhere to established standards.
Through its educational initiatives, the BBB empowers consumers with the knowledge needed to make informed decisions. By providing information about business practices, dispute resolution, and overall service excellence, the BBB enhances the consumer experience while holding businesses to higher standards.
Additionally, the BBB's focus on service excellence helps businesses improve their operations and customer relations. This not only results in better overall service for consumers but also positions businesses that participate in BBB programs as leaders in their industries, thereby increasing their competitiveness and reputation in the market.
Ultimately, the BBB's efforts contribute to a marketplace where ethical practices thrive, benefiting both consumers and businesses alike.
This information is meant to be a general summary of Better Business Bureau. 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 2024.
- Investment Income: $27,126
- Program Service Revenue: $1,525,237
- Gross Receipts: $1,552,363
Assets and Liabilities:
- Total Assets: $1,291,922
- Total Liabilities: $10,254
- Net Assets: $1,281,668
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Advertising
Revenue
$105,510
Membership Dues & Assessments
Revenue
$1,419,727
Organization Details
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