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THE BETTER BUSINESS BUREAU OF METROPOLITAN NEW YORK INC

NEW YORK, NY · EIN 134955550 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$5.4M
expenses
$5.6M
net assets
$1.7M
employees
65
volunteers
21
mission · from form 990

BBB'S MISSION IS TO BE THE LEADER IN ADVANCING MARKETPLACE TRUST. ITS VISION IS AN ETHICAL MARKETPLACE WHERE BUYERS AND SELLERS TRUST EACH OTHER. ITS UPHOLDS AND RECOGNIZES ETHICAL BUSINESS STANDARD AND PRACTICES IN THE NYS METROPOLITAN AREA.

profile · synthesized from sources

The Better Business Bureau of Metropolitan New York promotes ethical business practices and marketplace trust in the New York metropolitan area. It accredits businesses that meet its standards and provides information to the public about businesses and consumer rights. The organization also educates businesses and consumers on fair and trustworthy marketplace practices.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $0
    THE BBB'S BUSINESS RELATIONS PROGRAM INCLUDES:(I) ACCREDITING BUSINESSES THAT MEET ALL BBB ACCREDITATION STANDARDS; AND (II) PROVIDING INFORMATION AND EDUCATION ON ETHICAL BUSINESS PRACTICES.
named programs · 1 · from sources

What they call their work

Business Relations Program
Accredits businesses that meet BBB standards and provides information and education on ethical business practices to the public and businesses.
activities · 1 group

What they do

financials · form 990 · fy2024
revenue
Total revenue$5.36M
Contributions & grants$5250%
Program service revenue$5.27M98%
Investment income$93K2%
Other revenue$0
expenses
Total expenses$5.58M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$3.78M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$5.42M
Cash$2.04M
Investments$0
Liabilities$3.71M
Net assets$1.71M
Liquid reserves4.4 mo
4 years on record · 2020–2024 · YoY revenue +3.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 7
NameTitleHours/wkCompensation
CLAIRE ROSENZWEIG - SEE SCH O PRESIDENT AND CEO 35 $230K
KATHLEEN PIERETH-HEENAN VP, SALES/EXECUTIVE DIRECTOR 35 $172K
ROBERT YARNALL A.D OF BUSINESS DEVELOPMENT 35 $165K
BRIAN RAUER GENERAL COUNSEL/EXECUTIVE DIRECTOR 35 $142K
DAWN ALPERSTEIN SR. BUSINESS DEVELOPMENT ASSOC. 35 $137K
AMINA BUDHWANI DEPUTY DIRECTOR OF SALES 35 $123K
STEVEN LONDON - SEE SCH O CONTROLLER (THRU APR 2024) 28 $40K
board members · 18
  • AMY NGUYEN — DIRECTOR (THRU FEB 2024)
  • BEVERLY HART — DIRECTOR (MAR THRU SEP 2024)
  • CONOR DONOHUE — DIRECTOR
  • DAVID HUBBARD — DIRECTOR
  • JOAN MCGILLYCUDDY — DIRECTOR
  • JOEL GOLDBERG — DIRECTOR
  • JUDD LEVINE — DIRECTOR
  • KATRINA DIBBINI — DIRECTOR (THRU JUNE 2024)
  • KEKOA CABRERA — DIRECTOR
  • LARRY BLACKMON — CHAIR
  • LIMOR MANN — DIRECTOR
  • MARCI LOBEL-ESRIG — DIRECTOR
  • MARTIN LEE — DIRECTOR
  • MARY ANN KERR — VICE-CHAIR
  • MELISSA KRANTZ — DIRECTOR
  • MICHAEL GATES — VICE-CHAIR
  • PATRICIA SAMPSON — DIRECTOR (THRU MAR 2024)
  • SABRINA MIZRACHI — DIRECTOR
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Marketplace Trust through Accreditation and Education
    methodology: marketplace_trust_through_accreditation_and_education
    By accrediting businesses that meet established standards and educating stakeholders about ethical practices, the BBB promotes trust in the marketplace, because third-party validation and public awareness jointly reduce information asymmetry and incentivize responsible business behavior.