Colorado Springs Better Business Bureau Inc

Organization Overview

Colorado Springs Better Business Bureau Inc is located in Colorado Springs, CO. The organization was established in 1983. 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 12/2022, Colorado Springs Better Business Bureau Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Springs 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 12/2022, Colorado Springs Better Business Bureau Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 0.5% per year over the past 8 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE THE HIGHEST ETHICAL BUSINESS RELATIONSHIPS BETWEEN BUSINESSES AND THE PUBLIC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE BBB HANDLES CUSTOMER COMPLAINTS AND INQUIRIES ABOUT BUSINESSES, CONDUCTS MEDIATIONS AND ARBITRATION, AND PROVIDES A MONTHLY NEWSLETTER.


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Board, Officers & Key Employees

Name (title)Compensation
Michelle Robinette
Chair
$0
Timothy A Zercher
Vice Chair/s
$0
Melissa Scruggs
Past Chair
$0
Rodney Gullatte Jr
Board Member
$0
Doug Berwick
Board Member
$0
Terence Doherty
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $266,500
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$266,500
Total Program Service Revenue$1,208,178
Investment income $3,536
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,478,421

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