Overview
What is Better Business Bureau Inc?
Better Business Bureau Inc, situated in Columbia, South Carolina, is a nonprofit organization dedicated to promoting ethical business practices. With a mission to safeguard consumers, the Bureau operates in 15 counties within the state. It fulfills its purpose by monitoring business practices, investigating consumer complaints, and advocating for better business conduct. The organization is funded primarily through membership dues and acts as a public service agency, serving as a trusted resource for the community. With a modest workforce of six employees, Better Business Bureau Inc plays a vital role in fostering trust and accountability in the local business landscape.
Official website here: www.bbb.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: $89,965
Professional Fundraising Fees: $0
Other Salaries and Wages: $185,825
For more financial information, click here
Official website here: www.bbb.org
What is the mission statement of Better Business Bureau Inc?
The Better Business Bureau Inc, serving as a public service agency, is dedicated to safeguarding consumers. Funded through membership dues, its mission encompasses promoting ethical business practices and fostering self-regulation. The organization actively monitors business conduct, investigating consumer complaints to ensure adherence to high standards. Its primary objective is to shield consumers and uphold trust in the business community.
Official website here: www.bbb.org
Who is the CEO of Better Business Bureau Inc?
Chris Hadley is the CEO of Better Business Bureau Inc The CEO's salary of Better Business Bureau Inc is $89,965 and their total compensation is $89,965.
Official website here: www.bbb.org
What is the revenue of Better Business Bureau Inc?
Better Business Bureau Inc's revenue in 2024 was $719,529.
Official website here: www.bbb.org
Who are the executives of Better Business Bureau Inc and what are their salaries?
The average compensation at Better Business Bureau Inc during 2024 was $45,965. There are 6 employees at Better Business Bureau Inc.
Here are 10 key members and their salaries (Better Business Bureau Inc's CEO's salary is $89,965 and their total compensation is $89,965):
- Compensation: $89,965
- Related: $0
- Other: $0
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Official website here: www.bbb.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 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 Inc
Better Business Bureau Inc, as a public service agency, is dedicated to safeguarding the interests of consumers. Funded by membership dues, this organization operates within 15 counties in South Carolina. Its primary mission is to promote ethical business practices and foster their advancement. The Bureau also plays a crucial role in monitoring business activities by investigating consumer complaints. By doing so, Better Business Bureau Inc aims to protect the public from potential fraudulent or unethical business practices, thereby enhancing trust and confidence in the marketplace.
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Impact
October, 2024
Better Business Bureau Inc significantly impacts consumer protection and ethical business practices in South Carolina. Serving 15 counties, it promotes self-regulation among businesses and fosters a marketplace where trust thrives. By investigating consumer complaints, the Bureau plays a crucial role in holding businesses accountable, helping to ensure that consumers' rights are respected.
This organization actively works to promote ethical standards, which in turn encourages businesses to adopt fair practices, benefiting consumers and the business community alike. Its presence enhances consumer confidence, allowing individuals to make informed decisions while safeguarding their rights. The Bureau’s dedication to monitoring business practices aids in maintaining a fair and transparent marketplace, which is essential for both consumers and businesses to thrive.
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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $29,136
- Program Service Revenue: $661,412
- Gross Receipts: $801,168
Assets and Liabilities:
- Total Assets: $942,126
- Total Liabilities: $359,970
- Net Assets: $582,156
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Fees
Revenue
$611,273
Sponsorships
Revenue
$50,139
Organization Details
Founding Year
1985
Principal Officer
Chris Hadley
Website
www.bbb.orgNTEE Category
Code: W90 - Public benefit
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