Better Business Bureau of The

“Organization has members.”

“The form 990 is reviewed by the president, treasurer, and chairman of the board prior to filing. In addition, the form 990 is also made available for review by any board member.”

“If the bureau board of directors determines that a disclosed association or relationship is, or is likely to be perceived by others as, incompatible with the bureau's mission or adversely affects the bureau's image, and also determines that such incompatibility or adverse effect can be avoided by restricting the bureau duties of the employee making the disclosure, the bureau board shall set whatever restrictions it deems appropriate relating to the employee. This may include restricting the employee's participation in any bureau report, review or action pertaining to: (1) a business or organization with which the employee is associated, (2) a competitor of the business or organization, or (3) the trade or industry of which the business or organization is a part. Bureau directors who are associated with a for-profit business or a not-for-profit organization shall not vote or use personal influence on any board action pertaining to the business or organization, or the trade or industry of which the business/organization is a part. The director may, however, participate in board discussions relating to such action by providing information known to the director and answering questions from other directors. The minutes of any board meeting relating to such board action shall clearly state that the director did not vote on the matter and shall describe the extent of the director's participation in any discussion.”

“The administrative committee evaluates the performance and fixes the compensation of the president. It comprises the chair, first vice chair, and immediate past chair. Factors considered in setting the president's compensation include the bureau's financial and operational performance for the year, attainment of goals set out in an annual plan, and the bureau's merit increase budget for the coming year. Comparative compensation data for other better business bureaus is also available.”

“UPON REQUEST.”

“The bureau's accounts are maintained, and financial statements are presented, on the modified cash basis of accounting, which is a comprehensive basis of accounting other than generally accepted accounting principles. The accounting method differs from generally accepted accounting principles in that only revenues collected, costs and expenses paid, and net assets arising from cash transactions and a provision for depreciation are recognized. Therefore, accrued income and expenses, payables (other than for purchase of assets in use, employee benefit plan accrual and payroll withholding), deferred expenses, volunteer time by arbitrators, in-kind professional services, and other assets and liabilities which may be material in amount are not recognized. The financial statements are not intended to present the bureau's results of operations and financial position in conformity with generally accepted accounting principles.”

“This process has not changed.”