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Nonprofit · EIN 62-0628251

BETTER BUSINESS BUREAU INC

Tax-exempt · CHATTANOOGA, TN 37405

Financials

$799K$779K2023$809K$804K2024
Revenue Expenses · by fiscal year end
Financials of BETTER BUSINESS BUREAU INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$808,761$803,837$4,924$1,353,469$3,125$1,350,344
December 31, 2023990$799,141$778,945$20,196$1,350,471$5,051$1,345,420
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$9,000
Program service revenue
$711,920
Investment income
$26,519
Net income from fundraising events
$61,322
Other revenue
$61,322

Expenses

Grants and similar amounts paid
$10,000
Compensation of officers, directors and key employees
$115,500
Other salaries and wages
$282,869
Salaries, compensation and benefits (total)
$469,245
Professional fundraising fees
$0
Legal fees
$420
Accounting fees
$12,285
Occupancy
$36,976
Travel
$1,714
Depreciation
$19,109
Program services (functional)
$641,775
Management and general (functional)
$133,756
Fundraising (functional)
$28,306

Balance sheet and other

Total assets, start of year
$1,350,471
Total assets, end of year
$1,353,469
Total liabilities, end of year
$3,125
Net assets, end of year
$1,350,344
Land, buildings and equipment
$394,132
Net assets without donor restrictions
$1,348,344
Net assets with donor restrictions
$2,000
Gross receipts
$885,317
Employees
10
Volunteers
25
Year formed
1959
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHELE MASONPRESIDENT CEO
Officer
36$110,000$5,500
DAVID ELLISCHAIRMAN
Trustee or director, Officer
1$0$0
KEITH CLINGANHONORARY DIRECTOR
Trustee or director
1$0$0
DAVID HOUSEMANSECRETARY
Trustee or director, Officer
1$0$0
TOM VERRILLTREASURER
Trustee or director, Officer
1$0$0
RICH BALTHROPDIRECTOR
Trustee or director
1$0$0
LEANNA YOUNG JIMENEZDIRECTOR
Trustee or director
1$0$0
DELTON CHENDIRECTOR
Trustee or director
1$0$0
RICK CARLSONHONORARY DIRECTOR
Trustee or director
1$0$0
JORDAN CORNELISONDIRECTOR
Trustee or director
1$0$0
OLA PHIPPSDIRECTOR
Trustee or director
1$0$0
STEPHANIE GILLISONDIRECTOR
Trustee or director
1$0$0
CHRIS HETZLERDIRECTOR
Trustee or director
1$0$0
RODNEY DILLARDDIRECTOR
Trustee or director
1$0$0
BEECHER HUNTERHONORARY DIRECTOR
Trustee or director
1$0$0
10 more people on this return
NameTitleHours / weekCompensation
KAREN THOMASDIRECTOR
Trustee or director
1$0
BOB MASONHONORARY DIRECTOR
Trustee or director
1$0
JIM PHIROPOULOSHONORARY DIRECTOR
Trustee or director
1$0
CALVIN SNEEDDIRECTOR
Trustee or director
1$0
STEVE TAYLORHONORARY DIRECTOR
Trustee or director
1$0
TOM TOLARHONORARY DIRECTOR
Trustee or director
1$0
LOGAN WATSONDIRECTOR
Trustee or director
1$0
MIKE WEBBDIRECTOR
Trustee or director
1$0
CHUCK MCDONALDDIRECTOR
Trustee or director
1$0
SCOTT SMITHDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 24 people
NameTitleHours / weekCompensationOther / benefits
MICHELE MASONPRESIDENT CEO
Officer
36$110,000$5,500
DAVID ELLISCHAIRMAN
Trustee or director, Officer
1$0$0
KEITH CLINGANPAST CHAIRMAN
Trustee or director, Officer
1$0$0
DAVID HOUSEMANSECRETARY
Trustee or director, Officer
1$0$0
TOM VERRILLTREASURER
Trustee or director, Officer
1$0$0
C GEORGE CAUDLECOUNSEL
Trustee or director, Officer
1$0$0
RICH BALTHROPDIRECTOR
Trustee or director
1$0$0
LEANNA YOUNGDIRECTOR
Trustee or director
1$0$0
DELTON CHENDIRECTOR
Trustee or director
1$0$0
RICK CARLSONHONORARY DIRECTOR
Trustee or director
1$0$0
JORDAN CORNELISONDIRECTOR
Trustee or director
1$0$0
OLA PHIPPSDIRECTOR
Trustee or director
1$0$0
STEPHANIE GILLISONDIRECTOR
Trustee or director
1$0$0
CHRIS HETZLERDIRECTOR
Trustee or director
1$0$0
GARY HITSONDIRECTOR
Trustee or director
1$0$0
BEECHER HUNTERHONORARY DIRECTOR
Trustee or director
1$0$0
KAREN THOMASDIRECTOR
Trustee or director
1$0$0
BOB MASONDIRECTOR
Trustee or director
1$0$0
JIM PHIROPOULOSHONORARY DIRECTOR
Trustee or director
1$0$0
CALVIN SNEEDDIRECTOR
Trustee or director
1$0$0
STEVE TAYLORDIRECTOR
Trustee or director
1$0$0
TOM TOLARDIRECTOR
Trustee or director
1$0$0
LOGAN WATSONDIRECTOR
Trustee or director
1$0$0
MIKE WEBBDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 4532, CHATTANOOGA, TN 37405-0532
Principal officer (990 for 2024)
MICHELE MASON, 508 N MARKET STREET, CHATTANOOGA, TN 37405
Signed the 990
MICHELE MASON, PRESIDENT
Phone
(423) 475-6885
Return prepared by
JOHNSON HICKEY & MURCHISON PC

Mission

TO SERVE BUSINESSES BY INCREASING PUBLIC CONFIDENCE THROUGH PROMOTION OF TRUTH, HONESTY AND ACCURACY IN ADVERTISING AND SELLING PRACTICES, AND TO SERVE THE PUBLIC BY EDUCATING THEM REGARDING THEIR RESPONSIBILITIES AND RIGHTS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROMOTION OF TRUTH, HONESTY AND ACCURACY IN ADVERTISING AND SELLING PRACTICES AND TO INCREASE PUBLIC CONFIDENCE IN BUSINESSES LOCATED IN SOUTHEAST TENNESSEE AND NORTHWEST GEORGIA. APPROXIMATELY 1,675 BUSINESSES ARE MEMBERS.
    Expenses $641,775 · revenue $711,920

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
62-0628251
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1966
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,353,469
Income (IRS master file)
$885,317

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$808,761$803,837$1,353,469IRS
990December 2023$799,141$778,945$1,350,471XML
990December 2022$826,091$786,821$1,326,162IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-0628251).

Questions about BETTER BUSINESS BUREAU INC

What is the EIN of BETTER BUSINESS BUREAU INC?
The employer identification number (EIN) of BETTER BUSINESS BUREAU INC is 62-0628251.
Is BETTER BUSINESS BUREAU INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1966.
Are donations to BETTER BUSINESS BUREAU INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BETTER BUSINESS BUREAU INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BETTER BUSINESS BUREAU INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BETTER BUSINESS BUREAU INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BETTER BUSINESS BUREAU INC?
The 990 for the year ended December 31, 2024 names MICHELE MASON.
Who are the officers and directors of BETTER BUSINESS BUREAU INC?
The 990 for the year ended December 31, 2024 lists 25 people; 1 received compensation from the organization, the highest $110,000 (MICHELE MASON, PRESIDENT CEO).
How much revenue does BETTER BUSINESS BUREAU INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $808,761, expenses of $803,837 and total assets of $1,353,469 at year end.

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