2025-10-08T07:07:25-05:00 2024-12-31 351476702 BRADY WARE & SCHOENFELD INC 3 EASTON OVAL SUITE 300 COLUMBUS OH 43219 990 2024-01-01 833454617 INTERNATIONAL ASSOCIATION OF BETTER BUSINESS BUREAUS INC INTE 7032760100 4250 NORTH FAIRFAX DRIVE 600 ARLINGTON VA 22203 CHRISTY PAGE CHIEF FINANCIAL OFFICER 7032760100 2025-09-29 1 1 MELESSA L BEHYMER P01380154 6148857407 2025-09-29 2024 2025-03-06 01:10:19Z CHRISTY PAGE 4250 NORTH FAIRFAX DRIVE 600 ARLINGTON VA 22203 18942883 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. 13 13 81 38 2052421 0 0 0 16661089 16932154 130837 142085 1953165 1868644 18745091 18942883 185000 100000 0 0 9928653 10984499 0 0 0 8579256 7698454 18692909 18782953 52182 159930 15284501 15192788 2451004 2131239 12833497 13061549 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 90 LOCAL, INDEPENDENT NONPROFIT BBBS ACROSS THE UNITED STATES, AND CANADA PROVIDING TRADEMARKS TO BBB INSTITUTE FOR MARKETPLACE TRUST. IABBB IS RESPONSIBLE FOR BBB TRADEMARK MANAGEMENT AND LICENSING INCLUDING TRADEMARK DEFENSE AND SUPPORT. THERE ARE OVER 126 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 1 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 21 0 1 81 1 1 1 0 0 0 0 0 0 0 0 0 X 13 13 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 JOCILE EHRLICH BOARD VICE-CHAIR 1.00 X X 0 0 0 MARY O'SULLIVAN ANDERSON 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 ROD DAVIS DIRECTOR 1.00 X 0 0 0 LISA FROHNAPFEL 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 RANDY HUTCHINSON DIRECTOR 1.00 X 0 0 0 JIM HUNTER DIRECTOR 1.00 X 0 0 0 KITT LETCHER DIRECTOR 1.00 X 0 0 0 TONY PRIORE DIRECTOR 1.00 X 0 0 0 CHRISTOPHER MORSE CEO OF IABBB 34.00 1.00 X 373336 0 19485 RICHARD WOODS GENERAL COUNCIL 34.00 1.00 X 105733 0 10886 CHRISTY PAGE CFO 34.00 1.00 X 220763 0 9708 ANGELA TANISHA ISABELL VP, GENERAL COUNSEL 34.00 1.00 X 175338 0 27863 JAMES TEMMER INTERIM, CEO 1.00 X 60792 0 2519 ERIC HABERMAS CHIEF MARKETING OFFICER 34.00 1.00 X 172956 0 39406 JOSEPH OLLENDICK CHIEF TECHNOLOGY OFFICER 35.00 X 209648 0 45221 SAMUEL MCMAKIN SENIOR DIRECTOR OF OPERATI 34.00 1.00 X 168726 0 38832 TED CHAN CHIEF INNOVATION OFFICER 35.00 X 169595 0 35477 RUBENS PESSANHA FILHO CHIEF KNOWLEDGE OFFICER 33.00 2.00 X 193381 0 45521 1850268 0 274918 42 0 1 0 VENABLE LLP 750 E PRATT STREET SUITE 900 BALTIMORE MD 21202 LEGAL CONSULTANTS 158981 1 DUES 561439 14439185 14439185 ENCORE DIGITAL ADVERTISING 561439 1759389 1759389 INTERACTIVE BLUE REVENUE 561439 278299 278299 CONFERENCES 561439 156919 156919 CONTRACT REVENUE 561439 141289 141289 157073 157073 16932154 142085 142085 RELATED ENTITY SALARIES 900099 1774122 1774122 GAIN ON INVESTMENT SUBSIDIARY 900099 73069 73069 OTHER REVENUE 900099 21453 21453 1868644 18942883 16675308 2052421 215154 X 100000 100000 2125186 2125186 7307296 7307296 245743 245743 628338 628338 677936 677936 259816 259816 12300 12300 16150 16150 3032913 3032913 156944 156944 88172 88172 1731883 1731883 6050 6050 162180 162180 230849 230849 57521 57521 329830 329830 875853 875853 LICENSES AND SUBCRIPTIO 647054 647054 PAYROLL PROCESSING 30271 30271 BAD DEBT 24060 24060 BANK AND OTHER FEES 19850 19850 16758 16758 18782953 18782953 0 0 1957754 1965523 677363 789477 409127 565237 2152139 1900235 581735 251904 1296828 1385885 7696694 7569762 2665000 2665000 15284501 15192788 977027 1118751 213266 182764 1260711 829724 2451004 2131239 X 12833497 13061549 12833497 13061549 15284501 15192788 159930 68122 0 X X 0 1 X 1 0 0 1 0 2152139 1900235 251904 251904 INVESTMENT IN LITTLE BLACK DUCK 7569762 F 7569762 OTHER LIABILITIES 829724 829724 X 17220733 68122 68122 17152611 16150 1774122 1790272 18942883 16992681 -1774122 -1774122 18766803 16150 16150 18782953 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. 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, 2024 AND 2023. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTERACTIVE BLUE SALARIES AND BENEFITS 1,774,122. PART XII, LINE 2D - OTHER ADJUSTMENTS: INTERACTIVE BLUE SALARIES AND BENEFITS -1,774,122. 1 BBB INSTITUTE FOR MARKETPLACE TRUST 4250 NORTH FAIRFAX DRIVE SUITE 600 ARLINGTON VA 22203 208814392 501C3 100000 0 CASH VALUE TO SUPPORT GENERAL OPERATIONS 1 0 X X 1 0 0 CHRISTOPHER MORSE CEO OF IABBB 373336 0 0 0 0 0 14061 0 5424 0 392821 0 0 0 JOSEPH OLLENDICK CHIEF TECHNOLOGY OFFICER 209648 0 0 0 0 0 7786 0 37435 0 254869 0 0 0 RUBENS PESSANHA FILHO CHIEF KNOWLEDGE OFFICER 193381 0 0 0 0 0 8089 0 37432 0 238902 0 0 0 CHRISTY PAGE CFO 220763 0 0 0 0 0 8808 0 900 0 230471 0 0 0 ERIC HABERMAS CHIEF MARKETING OFFICER 172956 0 0 0 0 0 7180 0 32226 0 212362 0 0 0 SAMUEL MCMAKIN SENIOR DIRECTOR OF OPERATI 168726 0 0 0 0 0 7191 0 31641 0 207558 0 0 0 TED CHAN CHIEF INNOVATION OFFICER 169595 0 0 0 0 0 5824 0 29653 0 205072 0 0 0 ANGELA TANISHA ISABELL VP, GENERAL COUNSEL 175338 0 0 0 0 0 7055 0 20808 0 203201 0 0 0 PART I, LINE 4A TED CHAN RECEIVED $35,113.75 IN SEVERANCE PAY. 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 CEO 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 CEO IS AS FOLLOWS: THE CEO'S SALARY IS DETERMINED BASED ON A COMPENSATION STUDY DONE EVERY FEW YEARS, OR AS NEEDED, IF SIGNIFICANT MARKET CHANGES OCCUR. THE CEO'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 CEO 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 1,170,382. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,170,382. ENCORE DIGITAL ADVERTISING: PROGRAM SERVICE EXPENSES 1,741,810. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,741,810. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 37,221. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,221. STRATEGIC INVESTMENTS: PROGRAM SERVICE EXPENSES 83,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 83,500. 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 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 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 BBB INSTITUTE FOR MARKETPLACE TRUST D 144579 CASH VALUE BBB INSTITUTE FOR MARKETPLACE TRUST B 100000 CASH VALUE BBB INSTITUTE FOR MARKETPLACE TRUST O 141289 CASH VALUE LITTLE BLACK DUCK INC DBA INTERACTIVE BLUE O 2052421 CASH VALUE LITTLE BLACK DUCK INC DBA INTERACTIVE BLUE F 200000 CASH VALUE BBB INSTITUTE FOR MARKETPLACE TRUST Q 62996 CASH VALUE