Overview
What is Better Business Bureau Of Palm Beach County Inc?
Better Business Bureau of Palm Beach County Inc is a nonprofit organization situated in West Palm Beach, Florida. Its primary mission is to foster marketplace trust by setting standards, promoting best practices, celebrating role models, and addressing substandard behavior. It serves over 6.9 million consumers in southeast Florida and the Caribbean, and engages with over 220,000 businesses. The organization provides reports on businesses, processes complaints, publishes customer reviews, conducts reviews, and investigates problematic business practices. With a focus on integrity and performance, the Better Business Bureau aims to create a diverse, inclusive, and equitable marketplace where businesses deliver results and address customer concerns satisfactorily. The nonprofit has a workforce of 64 employees.
Official website here: www.bbb.org
Is Better Business Bureau Of Palm Beach County Inc legitimate?
Better Business Bureau Of Palm Beach County Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Better Business Bureau Of Palm Beach County 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,851,339
For more financial information, click here
Official website here: www.bbb.org
What is the mission statement of Better Business Bureau Of Palm Beach County Inc?
The Better Business Bureau of Palm Beach County Inc's mission is to lead in advancing marketplace trust. They achieve this by establishing standards for marketplace trust, promoting and supporting best practices, acknowledging marketplace role models, and addressing substandard marketplace behavior. The organization aims to create a community of reliable businesses and charities by viewing trust as a result of two primary factors: integrity and performance. Integrity encompasses respect, ethics, intent, and working towards a diverse, inclusive, and equitable marketplace. Performance, on the other hand, refers to a business's track record of delivering results in line with BBB standards or effectively addressing customer concerns in a timely and satisfactory manner.
Official website here: www.bbb.org
What is the revenue of Better Business Bureau Of Palm Beach County Inc?
Better Business Bureau Of Palm Beach County Inc's revenue in 2024 was $5,564,983.
Official website here: www.bbb.org
Who are the executives of Better Business Bureau Of Palm Beach County Inc and what are their salaries?
The average compensation at Better Business Bureau Of Palm Beach County Inc during 2024 was $50,023. There are 57 employees at Better Business Bureau Of Palm Beach County Inc.
Here are 15 key members and their salaries:
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- Other: $18,500
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Official website here: www.bbb.org
Where can I find the form 990 for Better Business Bureau Of Palm Beach County Inc?
Better Business Bureau Of Palm Beach County 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 Of Palm Beach County Inc
Better Business Bureau of Palm Beach County Inc, as a leading advocate for marketplace trust, strives to set standards and encourage best practices in the business world. They achieve this by engaging with both consumers and businesses, offering education, celebrating role models, and addressing substandard behavior. The organization believes that trust in the marketplace is a result of two primary factors: integrity and performance. Integrity encompasses respect, ethics, intent, and fostering a diverse, inclusive, and equitable marketplace. Performance, on the other hand, refers to a business's track record of delivering results in line with BBB standards or effectively addressing customer concerns in a timely and satisfactory manner. In essence, Better Business Bureau of Palm Beach County Inc aims to create a community of trustworthy businesses and charities.
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Impact
October, 2024
The Better Business Bureau of Palm Beach County Inc plays a critical role in fostering a culture of trust within the marketplace. By setting standards for marketplace trust, the organization actively encourages and supports ethical business practices, aiming to create an environment that benefits both consumers and businesses.
Through its outreach, the BBB serves around 6.9 million consumers across Southeast Florida and the Caribbean, equipping them with vital information about over 220,000 businesses. This empowers individuals to make informed decisions, ensuring they engage with trustworthy entities. The publication of customer reviews and the processing of nearly 55,000 complaints help to highlight areas for improvement and provide consumers with insight into the reliability of businesses.
Moreover, the BBB’s initiatives to investigate advertising practices and address substandard behaviors further enhance accountability in the marketplace. This commitment to integrity and performance not only protects consumers but also assists businesses in aligning with best practices, ultimately leading to increased customer satisfaction and loyalty.
By celebrating role models within the community and working towards a diverse and equitable marketplace, the Better Business Bureau of Palm Beach County Inc cultivates an environment where trust thrives, building stronger connections between consumers and reputable businesses.
This information is meant to be a general summary of Better Business Bureau Of Palm Beach County 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: $65,245
- Program Service Revenue: $5,368,197
- Gross Receipts: $5,810,004
Assets and Liabilities:
- Total Assets: $4,186,728
- Total Liabilities: $185,681
- Net Assets: $4,001,047
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ACCREDITATION FEES-RENEWAL
Revenue
$3,180,301
ACCREDITATION FEES-NEW
Revenue
$967,641
WEB BASED ADVERTISING
Revenue
$816,050
GOOGLE ADVERTISING INCOME
Revenue
$722,929
ADMINISTRATION FEES-ADMIN
Revenue
$257,200
Organization Details
Founding Year
1969
Principal Officer
Rodney Davis
Website
www.bbb.orgNTEE Category
Code: W90 - Public benefit
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