Public Charity

Better Business Bureau Institute for Marketplace Ethics

Better Business Bureau Institute for Marketplace Ethics is a nonprofit organization categorized as Public Charity based in Burnsville, MN. Its most recent IRS filing (2025) reports revenue of $174K, expenses of $66K, total assets of $581K.

EIN: 411298300 Burnsville, MN Single Organization Support NTEE: S11 Latest filing: 2025
Total Revenue$174K
Total Expenses$66K
Total Assets$581K
Grant Records0
Filing Years2021–2025

Mission

We work to ensure all consumers are empowered to choose better businesses and protect themselves from subpar marketplace behavior, and that all businesses have the resources and skills to succeed in the marketplace and become trustworthy businesses.

Where $100 goes at Better Business Bureau Institute for Marketplace Ethics

How Better Business Bureau Institute for Marketplace Ethics divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$99 Programs the work itself
$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $99 for programs

$99
To advance our mission, we recognize marketplace role models through BBB's annual Torch Awards for Ethics and award a Student of Integrity scholarship to high school seniors
All program spending · Reported in the filing: 60 programs
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Secretary Andy Kocemba
Chair John Owens
President & CEO (begin 6/30/25) Kari Niedfeldt-Thomas
Treasurer Louie Berezovsky
VP of Finance and Accounting Ryan Sharp
President & CEO (End 6/30/25) Susan Adams Loyd

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $174K $66K $581K
2024 $176K $110K $470K
2023 $196K $147K $401K
2022 $172K $46K $380K
2021 $138K $58K $351K

Between 2021 and 2025, reported annual revenue grew from $138K to $174K (+26%), with total assets most recently reported at $581K.

Interactive year-over-year charts and full filing details available with membership.

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