Better Business Bureau Of Toledo Inc is located in Toledo, OH. The organization was established in 1935. 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 03/2022, Better Business Bureau Of Toledo Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Better Business Bureau Of Toledo 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 03/2022, Better Business Bureau Of Toledo Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $2.1m during the year ending 03/2022. While expenses have increased by 1.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF ETHICAL BUSINESS PRACTICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROMOTION OF ETHICAL BUSINESS PRACTICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Eppstein President | Officer | 40 | $177,651 |
Kim Ballewske Bd. Member | Trustee | $0 | |
Barry Bindel Bd. Member | Trustee | $0 | |
Tom Broderick Bd. Member | Trustee | $0 | |
Mark Hill Bd. Member | Trustee | $0 | |
William Geaman Jr Bd. Member | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $2,182,294 |
Investment income | $636 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $2,370 |
Net Gain/Loss on Asset Sales | -$2,418 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,296,874 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $177,651 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $898,960 |
Pension plan accruals and contributions | $11,893 |
Other employee benefits | $0 |
Payroll taxes | $83,691 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,970 |
Fees for services: Accounting | $30,993 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $42,942 |
Advertising and promotion | $87,359 |
Office expenses | $64,585 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $90,000 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,125 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $11,238 |
Insurance | $173,925 |
All other expenses | $141,716 |
Total functional expenses | $2,145,312 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $489,791 |
Savings and temporary cash investments | $323,526 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $271,848 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $107,393 |
Net Land, buildings, and equipment | $174,023 |
Investments—publicly traded securities | $15,139 |
Investments—other securities | $1,727,135 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $50,292 |
Total assets | $3,159,147 |
Accounts payable and accrued expenses | $243,148 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $243,148 |
Net assets without donor restrictions | $2,915,999 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $3,159,147 |
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Pennsylvania Compensation Rating Bureau Philadelphia, PA | $10,444,965 | $13,500,527 |
Can Do Inc Hazleton, PA | $88,120,031 | $19,938,198 |
York County Economic Alliance York, PA | $4,435,375 | $9,671,986 |
Bridgeway Capital Inc Pittsburgh, PA | $100,800,088 | $11,446,748 |
International Automotive Oversight Bureau Southfield, MI | $23,323,319 | $7,456,066 |
Altoona-Blair County Development Corporation Altoona, PA | $122,969,142 | $33,416,279 |
Greater Wilkes-Barre Industrial Fund Inc Wilkesbarre, PA | $1,685,287 | $7,409,722 |
Ohio Community Development Finance Fund Columbus, OH | $57,278,842 | $7,712,446 |
Cincinnati Better Business Bureau Inc Cincinnati, OH | $1,847,305 | $4,143,788 |
Battle Creek Unlimited Inc Battle Creek, MI | $30,442,185 | $6,639,976 |
Uptown Reinvestment Corporation Inc Flint, MI | $86,466,656 | $7,223,856 |