Overview
What is Better Business Bureau Of Central Oklahoma Inc?
Better Business Bureau of Central Oklahoma Inc, based in Oklahoma City, is a nonprofit organization dedicated to providing trustworthy information about local businesses. They offer unbiased insights on a company's integrity and reliability through various channels like phone, in-person visits, fax, and the internet. Their mission is to assist consumers in making informed decisions about potential business partnerships or charitable contributions. The BBB serves as a mediator in marketplace disputes to help resolve conflicts and gathers information for public reporting. With a service area encompassing 54 counties and over 2 million residents in Oklahoma, they support over 58,000 businesses in the state. Their team comprises 31 dedicated individuals.
Official website here: www.oklahomacitybbb.org
Is Better Business Bureau Of Central Oklahoma Inc legitimate?
Better Business Bureau Of Central Oklahoma Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Better Business Bureau Of Central Oklahoma 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: $160,168
Professional Fundraising Fees: $0
Other Salaries and Wages: $594,394
For more financial information, click here
Official website here: www.oklahomacitybbb.org
What is the mission statement of Better Business Bureau Of Central Oklahoma Inc?
Better Business Bureau of Central Oklahoma serves as a trusted source of unbiased information, benefiting both consumers and businesses, by evaluating the integrity and reliability of local businesses. Its mission extends to 54 counties, catering to over 2 million residents and 58,000 businesses in Oklahoma. BBB offers unbiased information through various channels, including phone, in-person, fax, and the internet, assisting consumers in making informed decisions before engaging with companies. Additionally, BBB acts as a mediator in marketplace disputes, aiming to resolve conflicts and gather information on companies for public reporting. Through investigative advertising review and shopping, BBB develops file reports on businesses and charities, providing essential information to the public.
Official website here: www.oklahomacitybbb.org
Who is the CEO of Better Business Bureau Of Central Oklahoma Inc?
Kitt Letcher is the CEO of Better Business Bureau Of Central Oklahoma Inc The CEO's salary of Better Business Bureau Of Central Oklahoma Inc is $149,156 and their total compensation is $160,168.
Official website here: www.oklahomacitybbb.org
What is the revenue of Better Business Bureau Of Central Oklahoma Inc?
Better Business Bureau Of Central Oklahoma Inc's revenue in 2023 was $1,845,442.
Official website here: www.oklahomacitybbb.org
Who are the executives of Better Business Bureau Of Central Oklahoma Inc and what are their salaries?
The average compensation at Better Business Bureau Of Central Oklahoma Inc during 2023 was $34,298. There are 22 employees at Better Business Bureau Of Central Oklahoma Inc.
Here are 14 key members and their salaries (Better Business Bureau Of Central Oklahoma Inc's CEO's salary is $149,156 and their total compensation is $160,168):
- Compensation: $149,156
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- Other: $11,012
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Official website here: www.oklahomacitybbb.org
Where can I find the form 990 for Better Business Bureau Of Central Oklahoma Inc?
Better Business Bureau Of Central Oklahoma Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.oklahomacitybbb.org
Learn more at the official website: www.oklahomacitybbb.org
Mission Statement of Better Business Bureau Of Central Oklahoma Inc
Better Business Bureau of Central Oklahoma, in essence, functions as a trusted and impartial resource for both consumers and businesses. Its primary mission is to disseminate information about the integrity and dependability of local businesses within its extensive service area of 54 counties, catering to over 2 million residents and over 58,000 businesses in Oklahoma. The organization aims to empower consumers by providing them with essential details, enabling them to make well-informed decisions before engaging with businesses or contributing to charitable causes.
In addition, Better Business Bureau of Central Oklahoma plays a significant role in resolving disputes between businesses and consumers. By acting as a mediator, it helps eliminate the need for court resolutions, thereby promoting a more amicable and efficient marketplace. The organization also engages in investigative advertising review and shopping activities, developing comprehensive file reports on businesses and charity solicitors. These reports serve as a valuable resource for the public, as they offer insights into the reliability and trustworthiness of various businesses and charitable organizations.
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Impact
October, 2024
The Better Business Bureau of Central Oklahoma Inc. plays a crucial role in fostering trust between consumers and businesses in the region. By providing unbiased information about the integrity and reliability of local businesses, it empowers consumers to make informed pre-purchase decisions. This transparency helps to promote a fair marketplace where ethical businesses can thrive.
In addition to offering detailed reports on business firms and charity solicitors, BBB serves as a mediator in marketplace disputes. This function is vital as it often helps individuals resolve conflicts without resorting to legal action, thereby saving time and resources for both parties involved. By facilitating these resolutions, the BBB enhances consumer confidence and contributes to a healthier business environment.
With a service area encompassing 54 counties and a population of over 2 million residents, the impact of BBB extends across a substantial portion of Oklahoma. It not only assists consumers in making wise choices about where to spend their money but also aids businesses in improving their practices and reputations. Overall, the Better Business Bureau of Central Oklahoma significantly contributes to the integrity and reliability of the local business landscape.
This information is meant to be a general summary of Better Business Bureau Of Central Oklahoma 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: $7,280
- Program Service Revenue: $1,811,211
- Gross Receipts: $1,853,163
Assets and Liabilities:
- Total Assets: $1,993,497
- Total Liabilities: $79,047
- Net Assets: $1,914,450
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Accredidation Dues
Revenue
$1,709,386
Digital Advertising
Revenue
$100,985
IABBB/Arbitration Reimb.
Revenue
$840
Organization Details
Founding Year
1971
Principal Officer
Kitt Letcher
Website
www.oklahomacitybbb.orgNTEE Category
Code: W90 - Public benefit
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