Overview
What is Better Business Bureau Of Central Virginia Inc?
Better Business Bureau of Central Virginia Inc is a nonprofit organization dedicated to fostering a trustworthy business environment. Their mission is to promote ethical conduct between businesses and the public by means of self-regulation, education, and exemplary service. They strive to establish a marketplace where both buyers and sellers can rely on each other's integrity. This is achieved through their focus on promoting ethical business practices and providing resources for education and service excellence.
Official website here: www.bbb.org
Is Better Business Bureau Of Central Virginia Inc legitimate?
Better Business Bureau Of Central Virginia Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Better Business Bureau Of Central Virginia 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: $198,922
Professional Fundraising Fees: $0
Other Salaries and Wages: $433,004
For more financial information, click here
Official website here: www.bbb.org
What is the mission statement of Better Business Bureau Of Central Virginia Inc?
The Better Business Bureau of Central Virginia Inc's mission is centered around fostering a high ethical standard in business-public interactions. They achieve this through self-regulation, education, and a commitment to service excellence. The organization's goal is to establish an ethical marketplace where both buyers and sellers can trust one another. By promoting self-regulation, they encourage businesses to adhere to ethical guidelines. Education plays a crucial role in their mission, as they aim to inform the public about making informed decisions in the business world. Lastly, service excellence is a key component of their mission, ensuring that businesses exceed customer expectations.
Official website here: www.bbb.org
What is the revenue of Better Business Bureau Of Central Virginia Inc?
Better Business Bureau Of Central Virginia Inc's revenue in 2023 was $1,558,689.
Official website here: www.bbb.org
Who are the executives of Better Business Bureau Of Central Virginia Inc and what are their salaries?
The average compensation at Better Business Bureau Of Central Virginia Inc during 2023 was $28,724. There are 22 employees at Better Business Bureau Of Central Virginia Inc.
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Official website here: www.bbb.org
Where can I find the form 990 for Better Business Bureau Of Central Virginia Inc?
Better Business Bureau Of Central Virginia Inc's most recent form 990 was submitted in 2023 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 Of Central Virginia Inc
The Better Business Bureau of Central Virginia Inc is dedicated to fostering an ethical relationship between businesses and the public. This nonprofit organization achieves this goal through three key strategies: self-regulation, education, and service excellence. By implementing self-regulation, businesses are encouraged to adhere to high ethical standards, ensuring a trustworthy environment for both buyers and sellers. Education plays a crucial role in the mission, as the Better Business Bureau of Central Virginia Inc strives to inform and empower the public, enabling them to make informed decisions about the businesses they engage with. Service excellence is another pillar of the organization's mission, as they strive to set an example of outstanding customer service within the business community. Overall, the Better Business Bureau of Central Virginia Inc aims to create a marketplace where trust is the foundation of all transactions, benefiting both businesses and consumers alike.
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Impact
October, 2024
The Better Business Bureau of Central Virginia, Inc. significantly enhances the business landscape by fostering trust and ethical interactions between businesses and consumers. Its commitment to self-regulation, education, and service excellence cultivates an ethical marketplace, ensuring that buyers and sellers can engage confidently.
Through various initiatives, the Bureau educates businesses on best practices and ethical standards, encouraging them to prioritize integrity in their operations. This support not only helps businesses gain consumer trust but also drives them to manage their affairs transparently and responsibly. As a result, consumers feel more secure in their transactions, which can lead to increased customer loyalty and business success.
The Bureau also serves as a platform for conflict resolution, helping to mediate disputes between consumers and businesses. This role reinforces the importance of fair treatment and accountability, contributing to a healthier business environment. By addressing issues promptly and effectively, it enhances public confidence in local businesses.
Overall, the Better Business Bureau of Central Virginia plays a crucial role in building a trustworthy marketplace, where ethical practices lead to stronger relationships between businesses and the community. Its impact resonates through improved consumer confidence, enhanced business reputation, and a collective commitment to maintaining high ethical standards.
This information is meant to be a general summary of Better Business Bureau Of Central Virginia 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $30,459
- Program Service Revenue: $1,550,255
- Gross Receipts: $1,777,671
Assets and Liabilities:
- Total Assets: $907,698
- Total Liabilities: $136,446
- Net Assets: $771,252
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,402,699
MEMBERSHIP SERVICES
Revenue
$147,556
Organization Details
Founding Year
1954
Principal Officer
Barry F Moore
Website
www.bbb.orgNTEE Category
Code: W90 - Public benefit
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