Better Business Bureau Of Metropolitan Houston Inc
- Assets
- $4.7m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 49
- Location
- Houston, TX
- Founding
- 03/1952
- Data as of
- 12/2021
- EIN
- 74-0510080
Organization Overview
Better Business Bureau Of Metropolitan Houston Inc is located in Houston, TX. The organization was established in 1952. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Better Business Bureau Of Metropolitan Houston Inc employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Better Business Bureau Of Metropolitan Houston 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 Metropolitan Houston Inc generated $5.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $4.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND FOSTER THE HIGHEST ETHICAL RELATIONSHIP BETWEEN BUSINESSES AND THE PUBLIC THROUGH SELF-REGULATION, CUSTOMER AND BUSINESS EDUCATION, AND SERVICE EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACCREDITATION:RECRUITS NEW MEMBERS THAT QUALIFY TO SUPPORT THE BETTER BUSINESSBUREAU.
BUSINESS SERVICE:PROVIDES SERVICES TO THE MEMBER COMPANIES AFTER APPROVALINCLUDING: TAKING THEIR CALLS, SENDING OUT MEMBER KITS, MAKINGUPDATES AND MAILING RENEWAL NOTICES.
INFORMATION SERVICES:THE CALL AND INFORMATION SERVICES CENTER FOR THE BETTER BUSINESS BUREAU THAT ANSWERS CALLS FROM THE PUBLIC, INCLUDING BUSINESSES AND CONSUMERS. THEY ANSWER APPROXIMATELY 35,000 CALLS OR LIVE CHAT SESSIONS PER YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Parsons President | Officer | 40 | $249,403 |
Lillian Kelly Vice President Finance & A | Officer | 40 | $198,826 |
Jeffrey Shoemaker Vice President Accreditati | Officer | 40 | $147,992 |
Candice Twyman Executive Director, Edu Fd | Officer | 40 | $139,792 |
Jordan Rzad Vice President Marketing | Officer | 40 | $119,259 |
Hilda Martinez Vice President South Texas | Officer | 40 | $100,100 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Post Oak Realty Investment Partners Rent | 12/30/18 | $400,040 |
Tech Therapy It Services | 12/30/18 | $102,952 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,576,697 |
| 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 | $4,576,697 |
| Total Program Service Revenue | $388,636 |
| Investment income | $1,166 |
| 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 | $4,975,179 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $638,635 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,772,490 |
| Pension plan accruals and contributions | $85,762 |
| Other employee benefits | $273,227 |
| Payroll taxes | $172,110 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $125 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $273,240 |
| Advertising and promotion | $122,152 |
| Office expenses | $403,526 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $443,297 |
| Travel | $347 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,316 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,089 |
| Insurance | $30,148 |
| All other expenses | $182,807 |
| Total functional expenses | $4,432,271 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,735,087 |
| Savings and temporary cash investments | $1,884,944 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $65,760 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,109 |
| Net Land, buildings, and equipment | $34,814 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,807 |
| Total assets | $4,729,521 |
| Accounts payable and accrued expenses | $102,062 |
| Grants payable | $0 |
| Deferred revenue | $2,071,719 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,173,781 |
| Net assets without donor restrictions | $2,555,740 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,729,521 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Association Of Realtors Austin, TX | $94,503,864 | $29,443,210 |
Arlington Convention & Visitors Bureau Inc Arlington, TX | $3,519,065 | $16,656,136 |
Promotional Products Association International Irving, TX | $24,269,680 | $12,861,271 |
Greater Oklahoma City Chamber Of Commerce Oklahoma City, OK | $12,639,674 | $12,068,118 |
Chamber Of Commerce Metropolitan Tulsa Tulsa, OK | $9,253,345 | $10,228,951 |
Fort Worth Convention And Visitors Bureau Fort Worth, TX | $6,320,777 | $12,812,000 |
Austin Convention And Visitors Bureau Inc Austin, TX | $8,364,471 | $6,830,186 |
Texas Municipal League Austin, TX | $8,928,481 | $7,134,656 |
Greater Austin Chamber Of Commerce Austin, TX | $7,488,664 | $6,719,729 |
San Antonio Economic Development Foundation San Antonio, TX | $4,503,315 | $6,901,379 |
Abilene Chamber Of Commerce Abilene, TX | $4,194,863 | $4,866,648 |
Greater New Orleans Inc New Orleans, LA | $2,019,283 | $4,542,927 |