2024-12-19T10:18:38-06:00 2024-06-30 411397419 Abdo LLP 5201 Eden Ave Ste 250 Edina MN 55436 990EZ 2023-07-01 411298300 Better Business Bureau Institute for Marketplace Ethics BETT 6516952477 220 S River Ridge Circle Burnsville MN 55337 Susan Adams Loyd President 6516952400 2024-12-05 1 1 Steven D Anseth CPA P00552219 9528359090 2024-11-19 2023 2024-10-15 13:58:12Z X www.bbb.org/minnesota/ X X 175913 X 135183 16409 5453 18868 175913 24035 555 85417 110007 65906 400700 3759 470365 X 338326 279877 62385 190518 400711 470395 11 30 400700 470365 X Provide education, resources, and training on ethics, as well as prevent marketplace fraud and scams targeting at-risk consumers. To serve our mission, we delight in celebrating marketplace role models. Each year, we recognize deserving companies who display an outstanding level of ethics and integrity in all aspects of their operations though BBB's Torch Awards for Ethics competition. We also execute a Student of Integrity annual scholarship program for high school seniors. Recognizing that our marketplace has both positive and negative influences, we focus attention in fraud prevention education. We provide numerous in person and virtual education opportunities to various at-risk consumer populations including senior citizens and college students. Our fraud prevention initiatives include managing CAMF (Coalition Against Marketplace Fraud) which is a long-standing partnership with law enforcement representatives across both Minnesota and North Dakota. In addition, we maintain an online educational portal, BBB Learning Lab. We also produce and distribute multi-lingual scam prevention pamphlets and videos. Finally, we maximize our reach through strategic partnerships to increase impact and ensure stewardship of our resources. This year, we collaborated with the Small Business Administration, the MN Secretary of State, Minneapolis Regional Chamber of Commerce, AARP, Federal Trade Commission and many other public and private entities to promote ethics and scam prevention messages. 0 61350 61350 Barry Kirchoff Board Chair 1.00 0 0 0 John Grant Board Member 1.00 0 0 0 Kristen Stamman Board Member 1.00 0 0 0 Mark Hanson Board Member 1.00 0 0 0 Susan Adams Loyd Board Member and President 1.00 0 0 0 Randy Park Secretary 1.00 0 0 0 Tara Lashley Vice Chair 1.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MN Better Business Bureau of MN 220 S River Ridge Circle Burnsville MN 55337 6516952477 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X X 1 Better Business Bureau of Minnesota Inc 411245489 1 1 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Part IV, Section A, Line 3b The Organization has determined that the amount of membership dues collected by the supported organization satisfy the public support tests under section 501(a)(2). The determination was made when the Organization was set up as a supporting organization and was calculated by comparing membership dues to total revenue. Part IV, Section A, Line 3c See description for Part IV, Section A, Line 3b. Part IV, Section A, Line 11 The Organization received small donations from board members of the supported organization. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990-EZ, Part I, Line 4 - Other Investment Income Description: Investment income. Amount: 5,453. Form 990-EZ, Part I, Line 8 - Other Revenue Description: Other event/programs. Amount: 18,868. Form 990-EZ, Part I, Line 16 - Other Expenses Description: Torch awards, trade shows and other events. Amount: 82,824. Description: Miscellaneous. Amount: 1,805. Description: Travel. Amount: 788. Total to Form 990-EZ, line 16: 85,417. Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets Description: Unrealized loss on investments. Amount: 3,759. Form 990-EZ, Part II, Line 24 - Other Assets Description: Prepaid expenses. Beg. of Year Amount: 3,600. End of Year Amount: 0. Description: Accounts receivable. Beg. of Year Amount: 58,785. End of Year Amount: 190,518. Form 990-EZ, Part II, Line 26 - Other Liabilities Description: Accounts payable. Beg. of Year Amount: 11. End of Year Amount: 30. The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.