INTERNATIONAL ASSOCIATION OF BETTER BUSINESS BUREAUS INC

EIN: 833454617 Human Services

ARLINGTON, VA

Total Revenue
$18,745,091
Total Expenses
$18,692,909
Total Assets
$15,284,501
Net Assets
$12,833,497
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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
DE
Principal Officer
CHRISTY PAGE
Phone
7032760100
Tax Period
2023-01-01 to 2023-12-31

INTERNATIONAL ASSOCIATION OF BETTER BUSINESS BUREAUS INC, founded in 2019, is a mid-sized nonprofit in the Human Services sector that reported $18.2M in total revenue in fiscal year 2019. The organization ran a surplus of $10.9M, a strong 60% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO BE THE LEADER IN ADVANCING MARKETPLACE TRUST. IT FULFILLS ITS MISSION IN PART BY PROMOTING BUSINESS SELF-REGULATION AND HELPING MEMBER BETTER BUSINESS BUREAUS SUCCEED. THE ASSOCIATION IS DEDICATED TO FOSTERING HONEST AND RESPONSIVE RELATIONSHIPS BETWEEN BUSINESS AND CONSUMERS, INSTILLING CONFIDENCE AND ADVANCING A TRUSTWORTHY MARKETPLACE FOR ALL.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $16,661,089
Investment Income $130,837
Other Revenue $1,953,165
TOTAL REVENUE $18,745,091

Expense Breakdown

Grants Paid $185,000
Salaries & Benefits $9,928,653
Fundraising Expenses $0
Other Expenses $8,579,256
TOTAL EXPENSES $18,692,909

Year-over-Year Comparison

2023 2022 Change
Revenue $18,745,091 $15,492,155 +0.2%
Expenses $18,692,909 $14,989,673 +0.2%
Net Income $52,182 $502,482 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
78
Volunteers
41

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$926,852
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM TEMMER BOARD CHAIR 1.00
Officer Director
$0 $0 $0
JOCILE EHRLICH BOARD VICE-CHAIR 1.00
Officer Director
$0 $0 $0
MECHELE MILLS BOARD SECRETARY 1.00
Officer Director
$0 $0 $0
JULIE WHEELER BOARD TREASURER 1.00
Officer Director
$0 $0 $0
MICHELLE COREY DIRECTOR 1.00
Director
$0 $0 $0
ROD DAVIS DIRECTOR 1.00
Director
$0 $0 $0
MARYBETH STEVENS DIRECTOR 1.00
Director
$0 $0 $0
LYNN CONNER DIRECTOR 1.00
Director
$0 $0 $0
TYLER ANDREW DIRECTOR 1.00
Director
$0 $0 $0
RANDY HUTCHINSON DIRECTOR 1.00
Director
$0 $0 $0
MARY O'SULLIVAN ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
OSCAR GARCIA DIRECTOR 1.00
Director
$0 $0 $0
TONY PRIORE DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER MORSE CEO OF IABBB 33.00
Officer
$411,442 $14,360 $425,802
RICHARD WOODS GENERAL COUNCIL 34.00
Officer
$244,429 $36,320 $280,749
CHRISTY PAGE CFO 34.00
Officer
$210,782 $9,519 $220,301
ERIC HABERMAS CHIEF MARKETING OFFICER 34.00
Highest
$175,552 $31,565 $207,117
JOSEPH OLLENDICK CHIEF TECHNOLOGY OFFICER 34.00
Highest
$204,900 $34,238 $239,138
SAMUEL MCMAKIN SENIOR DIRECTOR OF OPERATI 34.00
Highest
$170,122 $24,404 $194,526
TED CHAN CHIEF INNOVATION OFFICER 35.00
Highest
$201,774 $33,159 $234,933
RUBENS PESSANHA FILHO CHIEF KNOWLEDGE OFFICER 33.00
Highest
$187,292 $34,028 $221,320
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $18,745,091 $18,692,909 $15,284,501 $52,182
2022 $15,492,155 $14,989,673 $16,002,411 $502,482
2021 $13,292,143 $12,992,341 $17,726,579 $299,802
2020 $13,078,598 $12,235,333 $13,160,929 $843,265
2019 $18,247,485 $7,376,463 $11,790,632 $10,871,022
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