Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part III, Line 1 | Description of Organization Mission Setting standards for marketplace trust encouraging and supporting best practices, celebrating marketplace role models, and denouncing substandard marketplace behavior. BBB sees trust as a function of two primary factors integrity and performance. Integrity includes respect, ethics and intent. Performance speaks to a businesss track record of delivering results in accordance with BBB standards and/or addressing customer concerns in a timely, satisfactory manner. BBB ensures that high standards for trust are set and maintained. We exist so consumers and businesses alike have an unbiased source to guide them on matters of trust. We provide educational information and expert advice that is free of charge and easily accessible. |
| Form 990, Part VI, Section A, Line 7A | An annual meeting of members is held to elect directors whose terms expire and to fill existing vacancies. |
| Form 990, Part VI, Section B, Line 11B | The 990 is reviewed and signed by the president/CEO prior to submission. |
| Form 990, Part VI, Section B, Line 12C | New board members are given the conflict of interest statement. It is explained to them and they are asked to sign it. Then each year at the annual meeting a copy of the conflict of interest policy is issued to all of the board members and they are asked to notify the board of any potential conflicts. |
| Form 990, Part VI, Section B, Line 15 | The board of directors, through the executive committee, determines the compensation of the CEO/President. The CEO/Presidents compensation is reviewed on an adhoc basis and takes into account various sources by which to establish an appropriate level. Compensation is defined as base salary, bonuses, retirement contributions, and benefits. The Wisconsin BBBs executive committee reviews the CEO compensation using at least four metrics comparable BBB CEO data obtained from the BBB Council annual survey, CEO salary to revenue ratio, an understanding from BBB board members of comparable pay for other non-profit membership organizations that they serve on as board members, and performance. In addition, the Wisconsin BBB CEO is held to annual CEO goals, approved by the BBB executive committee and the full board before any performance-related bonus is considered for the previous operating year. |
| Form 990, Part VI, Section C, Line 19 | Statements and policies are available to the public upon request |
| Form 990, Part XII, Line 1 | The 990 is prepared on the modified cash basis |
| Software ID: | 19009610 |
| Software Version: | 19.2.1.0 |