Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | TO BE THE LEADER IN ADVANCING MARKETPLACE TRUST. THIS MISSION IS ACCOMPHISHED BY CREATING A COMMUNITY OF TRUSTWORTHY BUSINESSES, SETTING STANDARDS FOR MARKETPLACE TRUST, ENCOURAGING AND SUPPORTING BEST PRACTICES, CELEBRATING MARKETPLACE ROLE MODELS, AND DENOUNCING SUBSTANDARD MARKETPLACE BEHAVIOR. |
| FORM 990, PAGE 1, PART I, LINE 6 | COLLEGE INTERNS VOLUNTEER APPROXIMATELY 880 HOURS PER YEAR. |
| FORM 990, PAGE 6, PART VI, LINE 6 | THE BBB HAS MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE BBB MEMBERS ELECT THE DIRECTORS. THE DIRECTORS OF THE ORGANIZATION ELECT THE OFFICERS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | A COPY OF THE 990 IS E-MAILED TO EACH OF THE BOARD MEMBERS PRIOR TO THE FILING OF THE ANNUAL RETURN. ANY QUESTIONS OR CONCERNS ARE RESOLVED PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY WITH THE BOARD OF DIRECTORS. THE CEO DISCLOSES ANNUALLY EVERYTHING THAT HE IS INVOLVED IN. THE OUTSIDE AUDITORS REVIEW THE POLICY WITH THE BOARD OF DIRECTORS FOR COMPLIANCE. RELATED PARTY TRANSACTIONS BETWEEN BOARD MEMBERS AND THE BBB ARE DISCLOSED IN THE AUDITED FINANCIAL STATEMENTS. EMPLOYEES AS WELL AS THE BOARD OF DIRECTORS REVIEW AND SIGN THE CONFLICTS OF INTEREST POLICY ANNUALLY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | COMPENSATION FOR THE CEO IS SET BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS BASED ON RECOMMENDATIONS OF THE COMPENSATION COMMITTEE. COMPARATIVE SALARIES OF SIMILAR BBB ORGANIZATIONS AND SIMILAR LOCAL NON-PROFITS ARE REVIEWED. BASED ON THAT DATA AND LENGTH OF SERVICE AND THE HEALTH OF THE ORGANIZATION, A BASE SALARY IS ESTABLISHED. THE BBB IS CURRENTLY IN THE THIRD YEAR OF A THREE YEAR CONTRACT. FORMAL MINUTES OF THE COMPENSATION COMMITTEE ARE NOT MAINTAINED. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
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