Skip to main content

Nonprofit · EIN 73-0147260

BETTER BUSINESS BUREAU OF CENTRAL OKLAHOMA INC

Tax-exempt · OKLAHOMA CITY, OK 73102

Financials

$1.8M$1.8M2021$1.8M$2M2023$2.1M$2.3M2024
Revenue Expenses · by fiscal year end
Financials of BETTER BUSINESS BUREAU OF CENTRAL OKLAHOMA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,124,221$2,271,420-$147,199$2,192,449$545,016$1,647,433
December 31, 2023990$1,845,442$1,963,989-$118,547$2,241,824$445,921$1,795,903
December 31, 2021990$1,837,929$1,766,654$71,275$1,736,337$105,753$1,630,584
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,117,279
Investment income
$6,942
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$143,743
Other salaries and wages
$1,164,331
Salaries, compensation and benefits (total)
$1,553,008
Professional fundraising fees
$0
Legal fees
$800
Accounting fees
$119,059
Occupancy
$42,785
Travel
$10,857
Depreciation
$55,309
Program services (functional)
$1,839,867
Management and general (functional)
$431,553

Balance sheet and other

Total assets, start of year
$2,241,824
Total assets, end of year
$2,192,449
Total liabilities, end of year
$545,016
Net assets, end of year
$1,647,433
Land, buildings and equipment
$1,026,208
Net assets without donor restrictions
$1,647,433
Gross unrelated business income
$108,493
Gross receipts
$2,124,221
Employees
25
Year formed
1971
State of legal domicile
OK

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 / weekCompensationFrom related orgs
KITT LETCHERPRESIDENT & CEO
Officer
40$143,742$11,460
BILL LEEPERMEMBER
Trustee or director
1$0$0
DOUG DENISONMEMBER
Trustee or director
1$0$0
MEGAN DRABEKMEMBER
Trustee or director
1$0$0
MARK HOLLANDMEMBER
Trustee or director
1$0$0
STACY EADSMEMBER
Trustee or director
1$0$0
MARK LASATERMEMBER
Trustee or director
1$0$0
LAUREN TOPPINSMEMBER
Trustee or director
1$0$0
BROOKE UNRUHMEMBER
Trustee or director
1$0$0
DAVID BROOKSHIREMEMBER
Trustee or director
1$0$0
VERONICA HARRISONVICE CHAIR
Officer
1$0$0
KEVIN WELLFARECHAIRMAN
Officer
1$0$0
STEPHEN BALLSECTREASURER
Officer
1$0$0
JILL FARRANDPAST CHAIR
Officer
1$0$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
Kitt LetcherPresident & CEO
Officer
40$149,156$11,012
Bill LeeperMember
Trustee or director
1$0$0
Veronica HarrisonMember
Trustee or director
1$0$0
Doug DenisonMember
Trustee or director
1$0$0
Jeremiah BryantMember
Trustee or director
1$0$0
Mark HollandMember
Trustee or director
1$0$0
Stacy EadsMember
Trustee or director
1$0$0
Mark LasaterMember
Trustee or director
1$0$0
Lauren ToppinsMember
Trustee or director
1$0$0
Brooke UnruhMember
Trustee or director
1$0$0
Kevin WellfareVice Chair
Officer
1$0$0
Jill FarrandChairman
Officer
1$0$0
Dawn HolstedPast Chairman
Officer
1$0$0
Stephen BallSec / Treasurer
Officer
1$0$0
990 for the year ended December 31, 2021: 16 people
NameTitleHours / weekCompensation
Kitt LetcherPresident & CEO
Officer
40$148,400
Bill LeeperMember
Trustee or director
1$0
David BrookshireMember
Trustee or director
1$0
Claude DrabekMember
Trustee or director
1$0
Jeremiah BryantMember
Trustee or director
1$0
Kermit FrankMember
Trustee or director
1$0
Stacy EadsMember
Trustee or director
1$0
Peggy PhillipsMember
Trustee or director
1$0
Stephen BallMember
Trustee or director
1$0
Kevin WellfareMember
Trustee or director
1$0
Amy DownsMember
Trustee or director
1$0
Don WhiteMember
Trustee or director
1$0
Jill MerrittVice Chair
Officer
1$0
Dawn HolstedChairman
Officer
1$0
Kelly Masters-NewtonPast Chairman
Officer
1$0
Michael KloiberSec / Treasurer
Officer
1$0

Address and contacts

Address (IRS master file)
17 S DEWEY AVE, OKLAHOMA CITY, OK 73102-2421
In care of
% KITT LETCHER
Principal officer (990 for 2024)
KITT LETCHER, 17 S DEWEY AVE, Oklahoma City, OK 731022400
Signed the 990
KITT LETCHER, PRESIDENT & CEO
Phone
(405) 239-6081
Return prepared by
MICHAEL GREEN CPA

Mission

Better Business Bureau of Central Oklahoma is a source of unbiased information for both consumers and businesses about the integrity and reliability of local businesses. BBB of Central Oklahoma has a service area of 54 counties, serving over 2 million residents and over 58,000

990 for the year ended December 31, 2024

Program accomplishments

  • BBB furnishes information concerning the reliability of business firms and pertinent information on charities by phone, in person, fax, and the internet to assist consumers in making informed pre-purchase decisions and whether or not to do business with companies or contribute to solicite charities. BBB serves as a conciliator in market place disputes for the purpose of helping resolve disputes (elimination the need for resolutions in court) and for the purpose of gathering information on companies for reporting to the public. BBB also develops file reports on business firms and charity solicitors through investigative advertising review and shopping.
    Expenses $1,839,867

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
73-0147260
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1951
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,192,449
Income (IRS master file)
$2,124,221

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,124,221$2,271,420$2,192,449XML
990December 2023$1,845,442$1,963,989$2,241,824XML
990December 2022$2,171,895$1,888,029$1,993,497IRS
990December 2021$1,837,929$1,766,654$1,736,337XML
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 73-0147260).

Questions about BETTER BUSINESS BUREAU OF CENTRAL OKLAHOMA INC

What is the EIN of BETTER BUSINESS BUREAU OF CENTRAL OKLAHOMA INC?
The employer identification number (EIN) of BETTER BUSINESS BUREAU OF CENTRAL OKLAHOMA INC is 73-0147260.
Is BETTER BUSINESS BUREAU OF CENTRAL OKLAHOMA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1951.
Are donations to BETTER BUSINESS BUREAU OF CENTRAL OKLAHOMA INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BETTER BUSINESS BUREAU OF CENTRAL OKLAHOMA 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 OF CENTRAL OKLAHOMA 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 OF CENTRAL OKLAHOMA 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 OF CENTRAL OKLAHOMA INC?
The 990 for the year ended December 31, 2024 names KITT LETCHER.
Who are the officers and directors of BETTER BUSINESS BUREAU OF CENTRAL OKLAHOMA INC?
The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $143,742 (KITT LETCHER, PRESIDENT & CEO).
How much revenue does BETTER BUSINESS BUREAU OF CENTRAL OKLAHOMA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,124,221, expenses of $2,271,420 and total assets of $2,192,449 at year end.

Other nonprofits in OKLAHOMA CITY

All nonprofits in OKLAHOMA CITY · Oklahoma