Overview
What is Better Business Bureau Of New Mexico Inc?
Better Business Bureau of New Mexico Inc, headquartered in Albuquerque, New Mexico, is a nonprofit organization with a mission to promote honesty and reliability in business practices. With a team of 17 dedicated individuals, they conduct surveys, investigations, and disseminate findings to their membership and the general public. The primary objective is to discourage deceptive business methods, providing a platform that encourages ethical conduct in merchandising and advertising. As a non-profit business association, Better Business Bureau of New Mexico Inc also offers dispute resolution services, striving to uphold better business standards in the community.
Official website here: www.bbbsw.org
Is Better Business Bureau Of New Mexico Inc legitimate?
Better Business Bureau Of New Mexico Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Better Business Bureau Of New Mexico 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: $122,138
Professional Fundraising Fees: $0
Other Salaries and Wages: $657,777
For more financial information, click here
Official website here: www.bbbsw.org
What is the mission statement of Better Business Bureau Of New Mexico Inc?
The Better Business Bureau of New Mexico Inc., as a non-profit association, is dedicated to promoting better business practices and providing dispute resolution services. Their mission is centered around encouraging honesty, truth, and reliability in merchandising and advertising, aiming to discourage deceptive and fraudulent methods in business. They gather and disseminate this information to their membership and the general public, aiming to prevent fraud. This organization serves as a trusted resource in fostering an environment of integrity in business transactions.
Official website here: www.bbbsw.org
Who is the CEO of Better Business Bureau Of New Mexico Inc?
Brian E Baca is the Director of Better Business Bureau Of New Mexico Inc.
Official website here: www.bbbsw.org
What is the revenue of Better Business Bureau Of New Mexico Inc?
Better Business Bureau Of New Mexico Inc's revenue in 2022 was $1,176,498.
Official website here: www.bbbsw.org
Who are the executives of Better Business Bureau Of New Mexico Inc and what are their salaries?
The average compensation at Better Business Bureau Of New Mexico Inc during 2022 was $45,877. There are 17 employees and 26 volunteers at Better Business Bureau Of New Mexico Inc.
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- Compensation: $116,688
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- Other: $5,450
Official website here: www.bbbsw.org
Where can I find the form 990 for Better Business Bureau Of New Mexico Inc?
Better Business Bureau Of New Mexico Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bbbsw.org
Learn more at the official website: www.bbbsw.org
Mission Statement of Better Business Bureau Of New Mexico Inc
Better Business Bureau of New Mexico Inc, as a non-profit business association, is committed to promoting better business practices and offering dispute resolution services. Their mission is twofold: firstly, they conduct surveys, investigations, and disseminate the collected information to their members and the general public. This is done to encourage honesty, truth, and reliability in all types of merchandising and advertising. Secondly, they aim to discourage deceptive and fraudulent methods in business. By gathering and sharing this information, Better Business Bureau of New Mexico Inc plays a crucial role in preventing fraud and fostering an environment of trust in business transactions.
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Impact
October, 2024
The Better Business Bureau Of New Mexico Inc. (BBBNM) significantly impacts the local business landscape by promoting ethical business practices and providing essential dispute resolution services. By conducting surveys and investigations, BBBNM actively disseminates information that fosters transparency and accountability within the marketplace. This initiative encourages businesses to adopt honest merchandising and advertising practices while discouraging deceptive and fraudulent methods.
BBBNM serves both the business community and the public by acting as a mediator in disputes, helping to resolve conflicts and facilitating communication between businesses and consumers. This role not only builds trust but also enhances the overall reputation of businesses in New Mexico.
Through its commitment to promoting integrity and reliability, BBBNM contributes to a healthier economic environment, supporting consumers in making informed decisions and enabling businesses to thrive under ethical guidelines. The organization's efforts play a pivotal role in reducing fraud and elevating standards across various industries, ultimately benefiting the entire community.
This information is meant to be a general summary of Better Business Bureau Of New Mexico 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 2022.
- Investment Income: $1,602
- Program Service Revenue: $1,170,396
- Gross Receipts: $1,176,498
Assets and Liabilities:
- Total Assets: $1,805,117
- Total Liabilities: $1,632
- Net Assets: $1,803,485
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSESSMENTS
Revenue
$1,135,558
DIRECTORY ADVERTISING
Revenue
$34,838
Organization Details
Founding Year
1946
Phone
(505) 346-0735Principal Officer
Brian E Baca
Main Address
7007 JEFFERSON STREET NE SUITE A, ALBUQUERQUE, NM, 87109
Website
www.bbbsw.orgNTEE Category
Code: W90 - Public benefit
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