Better Business Bureau Of Central New England Inc

Organization Overview

Better Business Bureau Of Central New England Inc is located in Worcester, MA. The organization was established in 1989. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Better Business Bureau Of Central New England Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Better Business Bureau Of Central New England Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Better Business Bureau Of Central New England Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.2% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 31.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO BE THE LEADER IN ADVANCING MARKETPLACE TRUST.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE HONESTY, TRUTHFULNESS AND DEPENDABILITY IN ADVERTISING AND ALL BUSINESS PRACTICES, THEREBY INCREASING PUBLIC CONFIDENCE.


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Board, Officers & Key Employees

Name (title)Compensation
Nancy B Cahalen
Ceo/clerk
$114,426
Michele Kasabula
Vice Chair Of The Board
$0
Michael Duffy
Secretary
$0
Rick Porter
Chair Of The Board
$0
Casey Cormier
Treasurer
$0
Daniel J Harrington III
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,420,888
Investment income $16,961
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,437,849

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