2026-03-11T11:38:34-05:00 2025-06-30 411397419 Abdo LLP 5201 Eden Ave Ste 250 Edina MN 55436 990 2024-07-01 411245489 Better Business Bureau of Minnesota Inc BETT 6516952477 220 S River Ridge Cir Burnsville MN 55337 Kari Niedfeldt-Thomas President & CEO 6516952477 2026-02-23 1 1 Brandy L Ritz CPA P02069342 9528359090 2026-02-02 2024 2025-03-06 01:10:19Z Kari Niedfeldt-Thomas 220 S River Ridge Cir Burnsville MN 55337 7331658 0 X http://www.bbb.org/minnesota/ X 1912 MN BBB's mission is to be the leader in advancing marketplace trust. 32 32 44 0 118286 1869 0 0 4768213 4957593 55933 2374065 41356 0 4865502 7331658 0 0 0 0 3821099 3871092 0 0 0 1607905 1729640 5429004 5600732 -563502 1730926 6724779 7310082 3454272 2082236 3270507 5227846 To ensure an ethical marketplace where buyers and sellers can trust each other to be the leader in advancing marketplace trust. 0 0 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. 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. Online Accredited Business Directory - The organization 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. 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 17 0 1 44 1 1 1 0 0 0 0 0 0 0 X 32 32 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 1.00 X X 0 0 0 Andy Kocemba Secretary 1.00 1.00 X X 0 0 0 Jeff Baidoo Board Member 1.00 X 0 0 0 Louis Berezovsky Board Member 1.00 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 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 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 Jeffrey Tate Sr Board Member 1.00 X 0 0 0 Ted Terp Board Member 1.00 X 0 0 0 Lana Slygh Board Member 1.00 X 0 0 0 Kristen Stamman Board Member 1.00 X 0 0 0 Susan Adams Loyd President & CEO (End 6/30/2025) 36.00 4.00 X 336403 0 51142 Julie Kiedrowski VP of Operations 40.00 X 158183 0 17209 Chad Pedersen VP of AB Development 20.00 20.00 X 181366 0 14783 Bao Vang VP of Communications 40.00 X 117028 0 22830 Janet Fahey VP of HR, Talent, and Trai 40.00 X 144251 0 11066 Ryan Sharp VP of Finance and Accounti 35.00 5.00 X 146776 0 12345 Kari Niedfeldt-Thomas President & CEO (Begin 6/30/25) 1.00 X 0 0 0 1084007 0 129375 6 0 1 0 0 Membership Dues 541900 4780889 4780889 Management Consulting Services 541800 118286 118286 Annual Event Fees 541900 36710 36710 Membership Activities 541900 21708 21708 4957593 2372752 2372752 1313 0 1313 1313 1313 7331658 4839307 118286 2374065 1328565 2061742 95797 177781 207207 16498 37400 14488 108677 148174 293759 266634 289328 44792 131671 36865 BBB Dues 339858 Unrelated Business Inco 1496 5600732 161658 116126 303803 473156 11761 14397 79446 86559 4112196 1641484 2476117 2470712 2484014 2360915 1207980 1788217 6724779 7310082 1897512 346141 1549441 1467421 7319 268674 3454272 2082236 X 3270507 5227846 3270507 5227846 6724779 7310082 1730926 226413 0 X X 0 1 X 1 0 1 0 0 433843 433843 2981698 1031978 1949720 316790 249422 67368 379865 360084 19781 2470712 Investment in Better Business Bureau Forward, Inc. 1788217 1788217 10245 Due to Related Party 258429 268674 X Part X, Line 2: BBB and BBB Foundation are exempt from federal and state income taxes under Section 501(c)(6) and 501(c)(3), respectively, of the Internal Revenue Code and Minnesota Statute 290.05. BBB Foundation is a public charity; therefore, contributions may qualify for tax deductions by the contributors. BBB generates unrelated business income for management fees charged over costs incurred. As of June 30, 2025, the Organization's total federal and state tax liability was approximately $14,591. As of June 30, 2024, the Organization's total federal and state tax liability was approximately $105,272. BBB Forward is a Minnesota C-Corporation that is a wholly owned subsidiary of BBB, and files income tax returns in the U.S. federal jurisdiction and the states in which it operates. As of June 30, 2025, BBB Forward had prepaid its estimated income taxes for the year; therefore, no federal or state tax liability has been recorded. During the year ended June 30, 2025, BBB, BBB Foundation and BBB Forward, Inc. have not incurred any interest or penalties on their tax returns. X X X 0 0 0 Susan Adams Loyd President & CEO (End 6/30/2025) 336403 0 0 0 0 0 24150 0 26992 0 387545 0 0 0 Chad Pedersen VP of AB Development 181366 0 0 0 0 0 12745 0 2038 0 196149 0 0 0 Julie Kiedrowski VP of Operations 158183 0 0 0 0 0 11423 0 5786 0 175392 0 0 0 Ryan Sharp VP of Finance and Accounti 146776 0 0 0 0 0 10307 0 2038 0 159121 0 0 0 Janet Fahey VP of HR, Talent, and Trai 144251 0 0 0 0 0 10115 0 951 0 155317 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 10 Better Business Bureau of MN Inc 1 Better Business Bureau Forward Inc 220 S River ridge Circle Burnsville MN 55337 850978685 Advertising MN Better Business Bureau of MN Inc C 653489 251462 1.00000 1 0 0 0 0 0 1 0 0 0 0 0 1 0 1 1 1 0 0 1 Better Business Bureau Forward Inc F 1728268 Cost Better Business Bureau Institute for Marketplace Ethics O 66145 Cost Better Business Bureau Forward Inc P 372005 Cost Better Business Bureau Forward Inc O 75484 Cost Better Business Bureau Forward Inc L 118286 Cost