Cincinnati Better Business Bureau Inc

Organization Overview

Cincinnati Better Business Bureau Inc is located in Cincinnati, OH. The organization was established in 1942. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Cincinnati Better Business Bureau Inc employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cincinnati Better Business Bureau Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2023, Cincinnati Better Business Bureau Inc generated $4.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $4.0m during the year ending 12/2023. While expenses have increased by 0.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO BE THE LEADER IN ADVANCING MARKETPLACE TRUST. MISSION IS ACCOMPLISHED BY: CREATING COMMUNITY OF TRUSTWORTHY BUSINESSES. SETTING STANDARDS FOR MARKETPLACE TRUST. ENCOURAGING AND SUPPORTING BEST PRACTICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES CONSUMER EDUCATION SERVICE THROUGH REPORTS ON BUSINESSES, GENERAL ADVICE ABOUT INDUSTRIES AND ALERTS ON CURRENT SCAMS. PROVIDES DISPUTE RESOLUTION SERVICES AND COLLABORATIVE SAVINGS ON INSURANCE FOR CONSUMERS AND BUSINESSES.


PROMOTES AN ETHICAL MARKETPLACE THROUGH REGULAR MONITORING OF MEDIA AND INTERNET.


LOCAL CHARITIES EARN DONOR TRUST BY UNDERGOING AN EVALUATION AGAINST BBB'S NATIONALLY-RECOGNIZED 20 STANDARDS OF CHARITY ACCOUNTABILITY. THESE STANDARDS ASSESS HOW ETHICALLY A CHARITY GOVERNS ITSELF, KEEPS ITS FINANCIAL RECORDS, AND FUNDRAISES. THE BBB'S CHARITY EDUCATION SERVICES IS THE LARGEST CHARITY REVIEW PROGRAM IN THE BBB SYSTEM.


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Board, Officers & Key Employees

Name (title)Compensation
Jocile Ehrlich
President/se
$305,469
Ron Auer
Director
$0
Richard Barbercheck
Vice Chair/t
$0
David Bence
Director
$0
Jim Collins
Director
$0
John Fittro
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$3,469,236
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$86,066
Noncash contributions included in lines 1a–1f $6,818
Total Revenue from Contributions, Gifts, Grants & Similar$3,555,302
Total Program Service Revenue$580,196
Investment income $61,133
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$27,010
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,169,621

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