New Better Business Bureau Inc

Organization Overview

New Better Business Bureau Inc is located in Omaha, NE. The organization was established in 2009. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, New Better Business Bureau Inc employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New 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 12/2021, New Better Business Bureau Inc generated $5.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $5.1m during the year ending 12/2021. While expenses have increased by 2.6% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO BE THE LEADER IN ADVANCING MARKETPLACE TRUST.

Describe the Organization's Program Activity:

Part 3 - Line 4a

1. PROMOTES ETHICAL BUSINESS PRACTICES IN THE COMMUITY 2. REVIEWS ADVERTISEMENTS 3. PROCESSES COMPLAINTS AGAINST BUSINESSES


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Board, Officers & Key Employees

Name (title)Compensation
Jim Hegarty
President/ceo
$322,494
Randy Stevenson
Past Chair
$0
Mike Sweeney
Director
$0
Jason Otto
Chair
$0
Elizabeth Barton
Vice Chair
$0
Ron Plageman
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$4,300,413
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$4,300,413
Total Program Service Revenue$474,027
Investment income $193,769
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $136,643
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,104,852

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