2022-09-21T13:06:01-05:00 2021-12-31 351476702 BRADY WARE & SCHOENFELD INC 3 EASTON OVAL SUITE 300 COLUMBUS OH 43219 990 2021-01-01 833454617 INTERNATIONAL ASSOCIATION OF BETTER BUSI NESS BUREAUS INC INTE 7032760100 4250 NORTH FAIRFAX DRIVE 600 ARLINGTON VA 22203 CHRISTY PAGE CHIEF FINANCIAL OFFICER 7032760100 2022-09-14 1 CHRISTY PAGE 999009999 MELESSA L BEHYMER P01380154 6148857407 2022-09-12 0 AAL1 IAL1 2021 2022-09-23 18:48:47Z CHRISTY PAGE 4250 NORTH FAIRFAX DRIVE 600 ARLINGTON VA 22203 15554594 0 X WWW.BBB.ORG X 2019 DE 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. 12 12 58 26 0 0 10000 0 12975112 12789787 52398 550756 41088 -48400 13078598 13292143 320920 210400 0 0 5779467 6423687 0 0 0 6134946 6358254 12235333 12992341 843265 299802 13160929 17726579 825494 5308916 12335435 12417663 X 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. 0 0 PROMOTE FAIR BUSINESS WITH RESPECT TO TRADE AND CONSUMERS WHICH VIA TRADITIONAL MEDIA, SOCIAL CHANNELS, PUBLICATIONS, AND OUTREACH REGARDING ETHICAL BUSINESS PRACTICES. IABBB ALSO SUPPORTS 97 LOCAL, INDEPENDENT NONPROFIT BBBS ACROSS THE UNITED STATES, CANADA, AND MEXICO. IABBB IS RESPONSIBLE FOR BBB TRADEMARK MANAGEMENT AND LICENSING INCLUDING TRADEMARK DEFENSE AND SUPPORT. THERE ARE OVER 145 TRADEMARKS IN OUR PORTFOLIO. THIS INCLUDES PROVIDING TRADEMARKS TO BBB NATIONAL PROGRAMS, BBB WISE GIVING ALLIANCE, AND LOCAL MEMBER BBBS. 0 0 0 1 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 1 58 1 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 VA X CHRISTY PAGE 7032760100 4250 NORTH FAIRFAX DRIVE SUITE 600 ARLINGTON VA 22203 ERIC REICIN PRESIDENT AND CEO BBB NATIONAL 1.00 X X 0 0 0 JIM TEMMER BOARD CHAIR 1.00 X X 0 0 0 JOCILE EHRLICH BOARD VICE CHAIR 1.00 X X 0 0 0 MECHELE MILLS BOARD SECRETARY 1.00 X X 0 0 0 JULIE WHEELER BOARD TREASURER 1.00 X X 0 0 0 MICHELLE COREY DIRECTOR 1.00 X 0 0 0 HOLLY SALMONS DIRECTOR 1.00 X 0 0 0 MARYBETH STEPHENS DIRECTOR 1.00 X 0 0 0 LYNN CONNER DIRECTOR 1.00 X 0 0 0 TYLER ANDREW DIRECTOR 1.00 X 0 0 0 JOHN NORTH DIRECTOR 1.00 X 0 0 0 MARY O'SULLIVAN ANDERSON DIRECTOR 1.00 X 0 0 0 CHRISTOPHER MORSE CEO OF IABBB 34.00 1.00 X 334211 0 14767 RICHARD WOODS GENERAL COUNCIL 33.00 2.00 X 223416 0 33391 CHRISTY PAGE ASST. TREASURER & CFO 34.00 1.00 X 191802 0 8616 JOSEPH OLLENDICK CHIEF TECHNOLOGY OFFICER 34.50 0.50 X 178271 0 29847 SAMUEL MCMAKIN SENIOR DIRECTOR OF OPERATIONS 34.50 0.50 X 161959 0 22287 MELISSA TRUMPOWER EXECUTIVE DIRECTOR 1.00 35.00 X 0 132804 29442 STEVEN SALTER CHIEF KNOWLEDGE OFFICER 35.00 X 191351 0 32176 KATHERINE HUTT CHIEF COMMUNICATIONS OFFICER 34.00 1.00 X 174921 0 17836 TED CHAN CHIEF INNOVATION OFFICER 35.00 0.00 X 153312 0 26325 1609243 132804 214687 8 0 1 0 M-THEORY CONSULTING GROUP LLC 6171 W CENTURY BLVD STE 350 LOS ANGELES CA 90045 IT SYSTEMS AND DESIGN SUPPORT 1163176 MOUNT ETHOS LLC 300 1ST AVENUE WEST UNIT 226 SEATTLE WA 98119 CONSULTING 177500 ACCENTURE 161 N CLARK STREET CHICAGO IL 60601 CONSULTING 150000 LENABLE LLP 750 E PRATT STREET SUITE 900 BALTIMORE MD 21202 LEGAL SERVICES 128415 METRIC PARTNERS CONSULTING 1392 WEST TURF FARM WAY PAYSON UT 84651 ANALYTICS SUPPORT 108000 5 DUES 561439 12626823 12626823 CONTRACT REVENUE 561439 86751 86751 SUBSCRIPTION REVENUE 561439 44213 44213 LICENSING FEES 561439 30000 30000 AD PROGRAM REVENUE 561439 2000 2000 12789787 39824 39824 2773383 2262451 510932 510932 510932 OTHER REVENUE 900099 108296 108296 LOSS ON INVESTMENT SUBSIDIARY 900099 -156696 -156696 -48400 13292143 12898083 0 394060 X 210400 210400 1198567 1198567 4331741 4331741 141564 141564 362079 362079 389736 389736 123652 123652 18500 18500 21131 21131 1118298 1118298 1364861 1364861 42093 42093 2011703 2011703 95683 95683 82793 82793 19264 19264 68653 68653 329830 329830 453251 453251 LICENSES AND SUBCRIPTIO 583310 583310 MISCELLANEOUS 25232 25232 12992341 12992341 0 0 3966149 2662384 1051935 634154 326633 289288 2152139 910744 0 1241395 3579986 1391054 8843304 4236226 2665000 13160929 17726579 746399 854179 79095 188123 939458 1024112 0 2303044 825494 5308916 X 12335435 12417663 12335435 12417663 13160929 17726579 299802 -217574 0 X X 0 1 X 1 0 0 1 0 2152139 910744 1241395 1241395 INVESTMENT IN LITTLE BLACK DUCK 8843304 F 8843304 OTHER LIABILITIES 2303044 2303044 X 13053438 -217574 -217574 13271012 21131 21131 13292143 12971210 0 12971210 21131 21131 12992341 PART X, LINE 2: ACCOUNTING STANDARDS REQUIRE THE EVALUATION OF TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN THE COURSE OF PREPARING THE ORGANIZATION'S TAX RETURNS, TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. THIS STATEMENT PROVIDES THAT A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY WHEN IT IS "MORE-LIKELY-THAN-NOT" THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS AND CONSIDERATION OF ALL AVAILABLE INFORMATION. ONCE THE RECOGNITION THRESHOLD IS MET, THE PORTION OF THE TAX BENEFIT THAT IS RECORDED REPRESENTS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY TO BE REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY. NO SIGNIFICANT UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2021. BASED ON ITS REVIEW, MANAGEMENT DOES NOT BELIEVE THE ORGANIZATION HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITION THAT WOULD PLACE THE ORGANIZATION'S EXEMPT STATUS IN JEOPARDY, AS OF DECEMBER 31, 2021. 1 BBB INSTITUTE FOR MARKETPLACE TRUST 4250 NORTH FAIRFAX DRIVE SUITE 600 ARLINGTON VA 22203 208814392 501C3 210400 0 CASH VALUE TO SUPPORT GENERAL OPERATIONS 1 0 0 0 0 CHRISTOPHER MORSE CEO OF IABBB 334211 0 0 0 0 0 12808 0 1959 0 348978 0 0 0 RICHARD WOODS GENERAL COUNCIL 223416 0 0 0 0 0 9253 0 24138 0 256807 0 0 0 STEVEN SALTER CHIEF KNOWLEDGE OFFICER 191351 0 0 0 0 0 7800 0 24376 0 223527 0 0 0 JOSEPH OLLENDICK CHIEF TECHNOLOGY OFFICER 178271 0 0 0 0 0 5841 0 24006 0 208118 0 0 0 CHRISTY PAGE ASST. TREASURER & CFO 191802 0 0 0 0 0 7661 0 955 0 200418 0 0 0 KATHERINE HUTT CHIEF COMMUNICATIONS OFFICER 174921 0 0 0 0 0 7106 0 10730 0 192757 0 0 0 SAMUEL MCMAKIN SENIOR DIRECTOR OF OPERATIONS 161959 0 0 0 0 0 5763 0 16524 0 184246 0 0 0 TED CHAN CHIEF INNOVATION OFFICER 153312 0 0 0 0 0 6033 0 20292 0 179637 0 0 0 MELISSA TRUMPOWER EXECUTIVE DIRECTOR 0 132804 0 0 0 0 0 5641 0 23801 0 162246 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBER BBBS OF IABBB SEPARATELY INCORPORATED, INDEPENDENTLY FINANCED NON-PROFIT ORGANIZATIONS HAVING PURPOSES AND OBJECTS COMPATIBLE WITH THOSE OF IABBB. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE BOARD AND ADOPT AMENDMENTS TO THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE IRS FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND IS SHARED WITH THE EXECUTIVE DIRECTOR AND GOVERNING BODY PRIOR TO ITS SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE IABBB BOARD MEMBERS ARE ANNUALLY ASKED TO COMPLETE A CONFLICT OF INTEREST FORM. THE GENERAL COUNSEL REVIEWS ANY ACTUAL OR PERCEIVED CONFLICT OF INTEREST AND DISCUSSES THE POTENTIAL CONFLICT AND ANY APPROPRIATE RESPONSIVE ACTIONS WITH AFFECTED DIRECTORS. MEETING MINUTES WILL DISCLOSE ANY POTENTIAL CONFLICT RELATING TO A PARTICULAR MATTER BEFORE THE BOARD, INCLUDING AN INDICATION THAT THE INTERESTED DIRECTOR DID NOT PARTICIPATE IN ANY VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR SETTING THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS AS FOLLOWS: THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED BASED ON A COMPENSATION STUDY DONE EVERY FEW YEARS, OR AS NEEDED, IF SIGNIFICANT MARKET CHANGES OCCUR. THE EXECUTIVE DIRECTOR'S PROPOSED COMPENSATION IS THEN REVIEWED BY THE BOARD'S EXECUTIVE COMMITTEE, AND DOCUMENTED IN THE COMMITTEE'S MINUTES. THE PROCESS FOR SETTING THE COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION IS AS FOLLOWS: THEIR SALARIES ARE DETERMINED BASED ON A COMPENSATION STUDY DONE EVERY FEW YEARS, OR AS NEEDED, IF SIGNIFICANT MARKET CHANGES OCCUR. THEIR PROPOSED COMPENSATION IS THEN REVIEWED BY THE EXECUTIVE DIRECTOR AND DOCUMENTED IN THE HR RECORDS. FORM 990, PART VI, SECTION C, LINE 19 IABBB AUDITED FINANCIAL STATEMENTS AND OTHER GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 1,027,431. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,027,431. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 90,867. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 90,867. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BBB INSTITUTE FOR MARKETPLACE TRUST 4250 NORTH FAIRFAX DRIVE STE 600 ARLINGTON VA 22203 208814392 TO FOSTER CONSUMER TRUST AND ETHICAL MARKETPLACE BEHAVIOR VA 501(C)(3) LINE 7 INTERNATIONAL ASSOCIATION OF BETTER BUSINESS BUREAUS INC 1 BBB NATIONAL PROGRAMS INC 1676 INTERNATIONAL DRIVE STE 550 MCLEAN VA 22102 833302514 TO FOSTER TRUST, INNOVATION, AND COMPETITION IN THE VA 501(C)(6) 0 LITTLE BLACK DUCK INC DBA INTERACTIVE BLUE 23 ROCKWOOD STREET MELROSE MA 02176 043564922 COMPUTER SYSTEMS DESIGN SERVICES MA INTERNATIONAL ASSOCIATION OF BETTER BUSINESS BUREAUS C 100 100 1.00000 1 0 1 0 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 BBB INSITUTE FOR MARKETPLACE TRUST D 332068 CASH VALUE BBB INSITUTE FOR MARKETPLACE TRUST B 210400 CASH VALUE INTERACTIVE BLUE E 10000 CASH VALUE BBB INSITUTE FOR MARKETPLACE TRUST O 86751 CASH VALUE INTERACTIVE BLUE M 37088 CASH VALUE