Better Business Bureau Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 610417092 ✦ Louisville, KY ✦ Designated as a 501(c)(6)

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Overview

What is Better Business Bureau Inc?

Better Business Bureau Inc, based on the provided information, is a prominent nonprofit organization committed to promoting marketplace trust. By leveraging over 4 million business reviews, they assist consumers in distinguishing reliable businesses from those that may not meet their standards. Their mission is to lead in advancing marketplace trust, playing a crucial role in safeguarding consumers' interests.


Official website here: www.bbb.org/louisville

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: $159,340
Professional Fundraising Fees: $0
Other Salaries and Wages: $915,413

For more financial information, click here


Official website here: www.bbb.org/louisville

What is the mission statement of Better Business Bureau Inc?

The Better Business Bureau Inc's mission is geared towards leading in the advancement of marketplace trust. They accomplish this by providing consumers with a means to distinguish reliable businesses from questionable ones, utilizing over 4 million BBB Business Reviews as a tool. This organization's primary objective is to safeguard consumers, ensuring they make well-informed decisions while engaging with businesses.


Official website here: www.bbb.org/louisville

Who is the CEO of Better Business Bureau Inc?

Reanna Smith-Hamblin is the Director of Better Business Bureau Inc. The CEO's salary of Better Business Bureau Inc is $159,340 and their total compensation is $159,340.


Official website here: www.bbb.org/louisville

What is the revenue of Better Business Bureau Inc?

Better Business Bureau Inc's revenue in 2022 was $2,184,560.


Official website here: www.bbb.org/louisville

Who are the executives of Better Business Bureau Inc and what are their salaries?

The average compensation at Better Business Bureau Inc during 2022 was $41,337. There are 26 employees at Better Business Bureau Inc.


Here are 16 key members and their salaries (Better Business Bureau Inc's CEO's salary is $159,340 and their total compensation is $159,340):


Cindy Effinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krysteen Cissell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel L Cilone Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kartik Kamat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Turchetta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wende Cosby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lonny Powell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Mcgahee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Welch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Elder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Denham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reanna Smith-Hamblin (President/Ceo)
  • Compensation: $159,340
  • Related: $0
  • Other: $0
Dave Vogel (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Turner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Knotts (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bbb.org/louisville

Where can I find the form 990 for Better Business Bureau Inc?

Better Business Bureau Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bbb.org/louisville

Learn more at the official website: www.bbb.org/louisville

Mission Statement of Better Business Bureau Inc

Better Business Bureau Inc, abbreviated as BBB, is committed to leading the charge in advancing marketplace trust. In fulfilling this mission, BBB assists consumers in distinguishing reliable businesses from those that may not meet the desired standards. They accomplish this by providing over 4 million detailed reviews of businesses, serving as a valuable resource for consumers seeking trustworthy entities. By leveraging these reviews, consumers can make informed decisions about the businesses they choose to engage with, thereby fostering a more trustworthy marketplace.

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Impact




October, 2024

Better Business Bureau Inc plays a vital role in enhancing marketplace trust by helping consumers identify trustworthy businesses. With over 4 million BBB Business Reviews, it provides valuable insights that guide consumers in making informed decisions. The organization acts as a trusted intermediary, promoting ethical practices among businesses and maintaining accountability by highlighting those that do not meet established standards.

Through its extensive reviews and ratings, BBB not only empowers consumers to choose reliable services and products but also encourages businesses to prioritize transparency and integrity. This fosters a more trustworthy marketplace where consumers feel safe and confident in their purchasing choices. In essence, BBB's influence extends beyond individual transactions, serving to elevate overall business standards and consumer experiences across various industries.




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.

Revenue
$2,184,560 (2022)
Expenses
$2,471,385 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,218
  • Program Service Revenue: $1,921,343
  • Gross Receipts: $2,184,560

Assets and Liabilities:

  • Total Assets: $2,097,065
  • Total Liabilities: $18,980
  • Net Assets: $2,078,085

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES & ENRO

Revenue

$1,921,343

Organization Details

Founding Year

1947

Principal Officer

Reanna Smith-Hamblin

Main Address

13104 EASTPOINT PARK BOULEVARD, LOUISVILLE, KY, 40223

NTEE Category

Code: W90 - Public benefit

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