Better Business Bureau Of Greater East Tennessee Inc

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

EIN: 620598936 ✦ Knoxville, TN ✦ Designated as a 501(c)(6)

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Overview

What is Better Business Bureau Of Greater East Tennessee Inc?

The Better Business Bureau of Greater East Tennessee Inc, located in Knoxville, Tennessee, is a nonprofit organization dedicated to fostering fair competition and reliability in advertising, selling, and merchandising. Their mission involves providing assistance in establishing good trade practices for businesses and resolving ethical issues through arbitration and other means. They aim to be a leader in advancing marketplace trust by setting standards, encouraging and supporting best practices, celebrating marketplace role models, and denouncing substandard behavior. With a workforce of 14 individuals, they play a significant role in promoting ethical business practices within their region.


Official website here: www.bbb.org

Is Better Business Bureau Of Greater East Tennessee Inc legitimate?

Better Business Bureau Of Greater East Tennessee Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Better Business Bureau Of Greater East Tennessee 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: $175,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $258,659

For more financial information, click here


Official website here: www.bbb.org

What is the mission statement of Better Business Bureau Of Greater East Tennessee Inc?

The Better Business Bureau of Greater East Tennessee Inc's mission is to lead in advancing marketplace trust. They accomplish this by establishing a community of trustworthy businesses, setting standards for marketplace trust, encouraging and supporting best practices, celebrating marketplace role models, and denouncing substandard marketplace behavior. The organization also works towards maintaining fair competition and reliability in advertising, selling, and merchandising, advocating for and assisting in these areas.


Official website here: www.bbb.org

Who is the CEO of Better Business Bureau Of Greater East Tennessee Inc?

Tony Binkley is the CEO of Better Business Bureau Of Greater East Tennessee Inc The CEO's salary of Better Business Bureau Of Greater East Tennessee Inc is $180,888 and their total compensation is $193,807.


Official website here: www.bbb.org

What is the revenue of Better Business Bureau Of Greater East Tennessee Inc?

Better Business Bureau Of Greater East Tennessee Inc's revenue in 2024 was $1,095,810.


Official website here: www.bbb.org

Who are the executives of Better Business Bureau Of Greater East Tennessee Inc and what are their salaries?

The average compensation at Better Business Bureau Of Greater East Tennessee Inc during 2024 was $36,138. There are 12 employees at Better Business Bureau Of Greater East Tennessee Inc.

Here are 22 key members and their salaries (Better Business Bureau Of Greater East Tennessee Inc's CEO's salary is $180,888 and their total compensation is $193,807):


Steve Chancey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myron Bernard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Binkley (President/Ceo)
  • Compensation: $180,888
  • Related: $0
  • Other: $12,919
Bruce Cliff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Belitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Staup (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hunter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bart Lashlee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leon Downey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beecher Bartlett Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Whitney Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Hodge (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Majors (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Smith (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Tilley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Hemsley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clay Kearley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristi Wilder-Maddox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Newman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Dare (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bbb.org

Where can I find the form 990 for Better Business Bureau Of Greater East Tennessee Inc?

Better Business Bureau Of Greater East Tennessee 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 Greater East Tennessee Inc

The Better Business Bureau of Greater East Tennessee Inc is committed to leading the advancement of marketplace trust. They achieve this by establishing a community of trustworthy businesses, setting standards for marketplace trust, encouraging and supporting best practices, celebrating marketplace role models, and denouncing substandard marketplace behavior. The organization's mission is to promote fair competition and dependability in advertising, selling, and merchandising. By doing so, the Better Business Bureau of Greater East Tennessee Inc aims to contribute to the establishment of an ethical business environment, ensuring that consumers and businesses can engage in mutually beneficial transactions.

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Impact




October, 2024

The Better Business Bureau of Greater East Tennessee Inc. significantly impacts the business community by fostering trust between consumers and businesses. By advocating for ethical practices, the organization helps establish good trade practices that benefit both parties in the marketplace. Their role in providing assistance with ethical challenges, including arbitration services, enhances transparency and accountability, which are crucial for maintaining consumer confidence.

Moreover, the BBB sets and promotes standards for marketplace trust, which helps businesses understand the best practices necessary for success. By celebrating role models in the marketplace and denouncing substandard behavior, they create an environment where integrity is recognized and rewarded. This not only encourages businesses to adhere to high standards but also creates a community of trustworthy enterprises that consumers can rely on.

Ultimately, the BBB of Greater East Tennessee plays a vital role in advancing marketplace trust, contributing to a healthier and more competitive economic landscape in the region.




This information is meant to be a general summary of Better Business Bureau Of Greater East Tennessee 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
$1,095,810 (2024)
Expenses
$988,814 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $38,913
  • Program Service Revenue: $1,057,569
  • Gross Receipts: $1,191,972

Assets and Liabilities:

  • Total Assets: $2,210,490
  • Total Liabilities: $423,201
  • Net Assets: $1,787,289

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Programs

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

MEMBERSHIP DUES

Revenue

$964,838

SPONSORSHIP INCOME

Revenue

$92,731

Organization Details

Founding Year

1958

Principal Officer

Tony Binkley

NTEE Category

Code: W90 - Public benefit

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