Overview
What is Better Business Bureau Of Los Angeles And Silicon Valley Inc?
The Better Business Bureau of Los Angeles and Silicon Valley Inc is a nonprofit organization situated in San Jose, California. Their primary focus is to promote marketplace trust, setting high standards and advocating for best practices. They accomplish this by educating both consumers and businesses, celebrating marketplace role models, and addressing substandard behavior within the marketplace. Their mission is multifaceted, encompassing arbitration counseling and research services to effectively settle disputes between businesses and consumers. With a dedicated workforce of 39 individuals, they strive to maintain a fair and trusted marketplace for all parties involved.
Official website here: www.bbb.org
Is Better Business Bureau Of Los Angeles And Silicon Valley Inc legitimate?
Better Business Bureau Of Los Angeles And Silicon Valley Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Better Business Bureau Of Los Angeles And Silicon Valley 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: $345,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,940,024
For more financial information, click here
Official website here: www.bbb.org
What is the mission statement of Better Business Bureau Of Los Angeles And Silicon Valley Inc?
The Better Business Bureau of Los Angeles and Silicon Valley Inc's mission is centered around advancing marketplace trust. They strive to set standards for trust, encourage and support best practices by educating both consumers and businesses. The organization celebrates marketplace role models and works to address substandard marketplace behavior. In addition to their educational initiatives, they offer arbitration counseling and research services to help settle disputes between businesses and consumers.
Official website here: www.bbb.org
What is the revenue of Better Business Bureau Of Los Angeles And Silicon Valley Inc?
Better Business Bureau Of Los Angeles And Silicon Valley Inc's revenue in 2023 was $4,813,882.
Official website here: www.bbb.org
Who are the executives of Better Business Bureau Of Los Angeles And Silicon Valley Inc and what are their salaries?
The average compensation at Better Business Bureau Of Los Angeles And Silicon Valley Inc during 2023 was $63,473. There are 36 employees at Better Business Bureau Of Los Angeles And Silicon Valley Inc.
Here are 15 key members and their salaries:
- Compensation: $345,000
- Related: $0
- Other: $0
- Compensation: $192,470
- Related: $0
- Other: $0
- Compensation: $164,071
- Related: $0
- Other: $0
- Compensation: $163,799
- Related: $0
- Other: $0
- Compensation: $146,265
- Related: $0
- Other: $0
- Compensation: $116,481
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bbb.org
Where can I find the form 990 for Better Business Bureau Of Los Angeles And Silicon Valley Inc?
Better Business Bureau Of Los Angeles And Silicon Valley Inc's most recent form 990 was submitted in 2023 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 Los Angeles And Silicon Valley Inc
Better Business Bureau of Los Angeles and Silicon Valley Inc is committed to taking the lead in advancing marketplace trust. Their mission involves setting high standards for trust, encouraging and supporting best business practices, and educating both consumers and businesses. They aim to celebrate marketplace role models and address any substandard behavior within the marketplace. Essentially, their goal is to foster a trustworthy marketplace environment by promoting and upholding ethical business practices. The organization provides arbitration counseling and research services to help settle disputes between businesses and consumers, further demonstrating their commitment to maintaining trust and fairness in the marketplace.
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Impact
October, 2024
The Better Business Bureau of Los Angeles and Silicon Valley Inc. plays a significant role in fostering trust within the marketplace. By setting standards for ethical business practices, it encourages both businesses and consumers to engage in transparent and fair transactions. The organization provides resources for education, helping consumers make informed decisions while also guiding businesses towards best practices.
One of its key functions is offering arbitration and counseling services designed to resolve disputes between businesses and consumers, which helps to maintain a level of confidence in commercial interactions. By addressing substandard marketplace behavior, the organization upholds a standard of accountability that both consumers and businesses can rely on.
Additionally, the BBB celebrates exemplary businesses as role models, showcasing them within the community and reinforcing the value of maintaining high ethical standards. This recognition not only honors trusted businesses but also motivates others to elevate their practices. Overall, the impact of the Better Business Bureau is evident in its commitment to enhancing marketplace trust and promoting a fair business environment in the Los Angeles and Silicon Valley regions.
This information is meant to be a general summary of Better Business Bureau Of Los Angeles And Silicon Valley 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: $86,959
- Program Service Revenue: $876,459
- Gross Receipts: $4,813,882
Assets and Liabilities:
- Total Assets: $3,895,951
- Total Liabilities: $592,945
- Net Assets: $3,303,006
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Advertising
Revenue
$176,016
Collection income
Revenue
$594,943
Complaint/legal proess
Revenue
$105,500
Organization Details
Founding Year
1951
Principal Officer
Steve Mcfarland
Website
www.bbb.orgNTEE Category
Code: W90 - Public benefit
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