2024-12-06T15:25:33-06:00 2024-06-30 411397419 Abdo LLP 5201 Eden Ave Ste 250 Edina MN 55436 990 2023-07-01 411245489 Better Business Bureau of Minnesota Inc BETT 6516952477 220 S River Ridge Cir Burnsville MN 55337 Susan Adams Loyd President 6516991111 2024-12-05 1 1 Steven D Anseth CPA P00552219 9528359090 2024-11-19 2023 2024-10-15 13:58:12Z Susan Adams Loyd 220 S River Ridge Cir Burnsville MN 55337 4865502 0 X http://www.bbb.org/minnesota/ X 1912 MN BBB's mission is to be the leader in advancing marketplace trust. 34 34 43 44 122369 40852 60000 0 4518418 4768213 46504 55933 40224 41356 4665146 4865502 0 0 0 0 3621906 3821099 0 0 0 1326164 1607905 4948070 5429004 -282924 -563502 6121237 6724779 2901305 3454272 3219932 3270507 To ensure an ethical marketplace where buyers and sellers can trust each other to be the leader in advancing marketplace trust. 0 0 155173 4645844 Accredited Business services and consumer protection programs - BBB actively participates in public affairs affecting business and consumer interests and cooperates with governmental bodies and agencies to provide information and counsel to such bodies and to the public concerning such matters. BBB advocates public and business policies in the best interests of consumer protection and the viability of a free and competitive economy. Programs are developed for Accredited Businesses in support of self-regulation and high standard of business ethics. Measures are taken and services are performed for the protection of consumers against unscrupulous, unconscionable, fraudulent, deceptive, and unethical business practices. 3256 Arbitration and Mediation - these services are provided in order to resolve outstanding disputes between consumers and businesses by providing solutions to the disputes without the expense and length of court. 23443 Online Accredited Business Directory - BBB of Minnesota and North Dakota offers a BBB Accredited Business Online Directory to help consumers find trustworthy businesses for free. People can search for BBB Accredited Businesses by industry/profession or city. All Accredited Businesses are listed in their respective business categories for free; however, BBB offers an opportunity for Accredited Businesses to be listed in headliner/top positions in their chosen categories, or on the first page of the Online Directory for an additional fee. Accredited Businesses may also purchase "logo or "coupon" listings in the Online Directory as well. 181872 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 19 0 1 43 1 1 1 0 0 0 0 0 0 0 0 0 X 34 34 0 0 0 0 1 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MN X The Organization 6516991111 220 S River Ridge Cir Burnsville MN 55337 David Aafedt Past Chair 1.00 X X 0 0 0 John Owens Chair 1.00 X X 0 0 0 Andy Kocemba Secretary 1.00 X X 0 0 0 Jeff Baidoo Board Member 1.00 X 0 0 0 Louis Berezovsky Board Member 1.00 X 0 0 0 RC Colvin Board Member 1.00 X 0 0 0 Rob Commers Board Member 1.00 X 0 0 0 Julianna Copeland Board Member 1.00 X 0 0 0 Michelle Kreidler Dove Board Member 1.00 X 0 0 0 Osni Ferreira Filho Board Member 1.00 X 0 0 0 Peter Gaetz Board Member 1.00 X 0 0 0 Brent Hanson Board Member 1.00 X 0 0 0 Janie Hanson Board Member 1.00 X 0 0 0 Marcus Hill Board Member 1.00 X 0 0 0 Scott Hoss Board Member 1.00 X 0 0 0 Tammylynne Jonas Board Member 1.00 X 0 0 0 Aaron Jones Board Member 1.00 X 0 0 0 Lucas Kanavati Board Member 1.00 X 0 0 0 Barry Kirchoff Board Member 1.00 X 0 0 0 Bernie Laur Board Member 1.00 X 0 0 0 Traci Leffner Board Member 1.00 X 0 0 0 Monique Linder Board Member 1.00 X 0 0 0 Dan Louismet Board Member 1.00 X 0 0 0 Lori Moen Board Member 1.00 X 0 0 0 Carlos Morales Board Member 1.00 X 0 0 0 Dietrich Nissen Board Member 1.00 X 0 0 0 Nadia Rizk Board Member 1.00 X 0 0 0 Tamera K Robinson Board Member 1.00 X 0 0 0 Carlos Ruiz Board Member 1.00 X 0 0 0 Chris Serritslev Board Member 1.00 X 0 0 0 JJ Slygh Board Member 1.00 X 0 0 0 Terry Stamman Board Member 1.00 X 0 0 0 Jeffrey Tate Sr Board Member 1.00 X 0 0 0 Ted Terp Board Member 1.00 X 0 0 0 Susan Adams Loyd President and CEO 36.00 4.00 X 323060 0 40946 Julie Kiedrowski VP of Operations 40.00 X 163478 0 13038 Chad Pedersen VP of AB Development 20.00 20.00 X 205362 0 15970 Bao Vang VP of Communications 40.00 X 125477 0 20950 Janet Fahey VP of HR, Talent, and Training 40.00 X 139563 0 10320 Ryan Sharp VP of Finance and Accounti 35.00 5.00 X 142238 0 11551 1099178 0 112775 6 0 1 0 0 Membership dues 541900 4625144 4625144 Advertising 541800 122369 122369 Annual Event Fees 541900 19200 19200 Other programs 541900 1500 1500 4768213 55933 55933 8450 0 8450 8450 8450 Other income 900099 32906 32906 32906 4865502 4645844 122369 97289 899297 2447477 106489 170553 197283 15645 33500 43185 78419 96474 270710 243297 43213 122148 45766 Unrelated business inco 19944 Membership dues 324178 Bank Service Charges 148534 Miscellaneous 114063 8829 5429004 149800 161658 547211 303803 16599 11761 105832 79446 3985930 1509813 2459639 2476117 2029798 2484014 812358 1207980 6121237 6724779 1311906 1897512 1586307 1549441 3092 7319 2901305 3454272 X 3219932 3270507 3219932 3270507 6121237 6724779 -563502 614077 0 X X 0 1 X 1 0 0 1 0 398370 398370 2915768 920591 1995177 291928 234686 57242 379864 354536 25328 2476117 Investment in BBB Forward, Inc. 1207980 1207980 7319 7319 X Part X, Line 2: BBB is exempt from federal and state income taxes under Section 501(c)(6) of the Internal Revenue Code and Minnesota Statute 290.05. BBB generates unrelated business income for management fees charged over costs incurred. As of June 30, 2024, the Organization's total federal and state tax liability was approximately $105,272. During the year ended June 30, 2024, BBB have not incurred any interest or penalties on their tax returns. X X X 0 0 0 Susan Adams Loyd President and CEO 323060 0 0 0 0 0 0 0 40946 0 364006 0 0 0 Chad Pedersen VP of AB Development 205362 0 0 0 0 0 0 0 15970 0 221332 0 0 0 Julie Kiedrowski VP of Operations 163478 0 0 0 0 0 0 0 13038 0 176516 0 0 0 Ryan Sharp VP of Finance and Accounti 142238 0 0 0 0 0 0 0 11551 0 153789 0 0 0 Part I, Line 3 The Board Executive Committee determines the compensation of the president with the assistance and advice of an outside consultant. Comparisons are made to other Bureaus and surveys of other non-profits. Form 990, Part VI, Section A, line 6 Companies that qualify may become members of the Better Business Bureau. Members pay annual dues. Form 990, Part VI, Section B, line 11b The Finance Committee is provided with the 990 for review and approval prior to submission. Form 990, Part VI, Section B, line 12c The conflict of interest disclosures are logged as received. One employee is responsible for making sure all conflict of interest disclosures are received. Form 990, Part VI, Section B, line 15 The Board Executive Committee determines the compensation of the president with the assistance and advice of an outside consultant. Comparisons are made to other Bureaus and surveys of other non-profits. Form 990, Part VI, Section C, line 19 The governing documents are available upon request. Form 990, Part XII, Line 2c The process has not changed from the prior year. Better Business Bureau Institute for Marketplace Ethics 220 South River Ridge Circle Burnsville MN 55337 411298300 Consumer education MN 501(c)(3) Line 11 Better Business Bureau of MN Inc 0 Better Business Bureau Forward Inc 220 S River ridge Circle Burnsville MN 55337 850978685 Advertising MN Better Business Bureau of MN Inc C 1761107 1481271 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 Better Business Bureau Forward Inc P 1356263 Fair Market Value Better Business Bureau IME P 190518 Fair Market Value Better Business Bureau Forward Inc L 120776 Fair Market Value Better Business Bureau Forward Inc O 743473 Fair Market Value