Overview
What is Abilene Better Business Bureau Inc?
Abilene Better Business Bureau Inc is a prominent nonprofit organization dedicated to fostering trust in the local marketplace. Their primary role involves exposing unethical business practices, offering advice to the community on how to avoid such conduct, and serving as a mediator in disputes through conciliation, mediation, and arbitration services. Additionally, they provide pre-purchase business performance reports to the public, empowering consumers with valuable information before making purchasing decisions.
Is Abilene Better Business Bureau Inc legitimate?
Abilene Better Business Bureau Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Abilene 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: $77,509
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,687
For more financial information, click here
What is the mission statement of Abilene Better Business Bureau Inc?
The Abilene Better Business Bureau Inc is committed to leading the charge in enhancing trust within the marketplace. It accomplishes this by bringing to light unethical business practices and offering guidance on how to avoid such situations. Additionally, the organization provides dispute resolution services such as conciliation, mediation, and arbitration. Further, the Abilene Better Business Bureau offers pre-purchase business performance reports to the public, serving as a valuable resource for consumers. Overall, its mission is geared towards fostering a more trustworthy business environment.
What is the revenue of Abilene Better Business Bureau Inc?
Abilene Better Business Bureau Inc's revenue in 2024 was $306,030.
Who are the executives of Abilene Better Business Bureau Inc and what are their salaries?
The average compensation at Abilene Better Business Bureau Inc during 2024 was $10,291. There are 11 employees at Abilene Better Business Bureau Inc.
Here are 21 key members and their salaries:
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Where can I find the form 990 for Abilene Better Business Bureau Inc?
Abilene Better Business Bureau Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Abilene Better Business Bureau Inc
Abilene Better Business Bureau Inc is dedicated to spearheading the advancement of marketplace trust. In this role, the organization serves as a beacon, alerting the community to unethical business practices and offering guidance on how to circumvent them. Beyond this, Abilene Better Business Bureau Inc offers dispute resolution services, including conciliation, mediation, and arbitration, providing a platform for resolving conflicts between businesses and consumers. Furthermore, the institution offers pre-purchase business performance reports to the public, empowering consumers with valuable information to make informed decisions. In essence, Abilene Better Business Bureau Inc plays a crucial role in fostering transparency and trust within the business community.
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Impact
October, 2024
Abilene Better Business Bureau Inc plays a crucial role in fostering trust within the marketplace. By actively communicating unethical practices to the community, it equips consumers with the necessary information to make informed decisions and avoid potential pitfalls.
The organization offers valuable dispute resolution services, including conciliation, mediation, and arbitration, which help to address conflicts between businesses and consumers effectively. Additionally, by providing pre-purchase business performance reports, the BBB enables the public to assess the reliability and quality of businesses before engaging in transactions.
Overall, Abilene Better Business Bureau Inc significantly enhances consumer confidence, promotes ethical business practices, and contributes to a fairer marketplace in Abilene, Texas.
This information is meant to be a general summary of Abilene 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: $2,015
- Program Service Revenue: $291,510
- Gross Receipts: $323,805
Assets and Liabilities:
- Total Assets: $294,944
- Total Liabilities: $30,939
- Net Assets: $264,005
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Directory
Revenue
$12,620
Membership Dues
Revenue
$278,890
Organization Details
Founding Year
1969
Principal Officer
John Riggins
NTEE Category
Code: W90 - Public benefit
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