Bbb Institute for Marketplace Trust

“The members of the board of directors approve significant decisions of the governing body.”

“A copy of form 990 is provided to the president, for signature before filing. The chairman and treasurer of the board also review the form 990 before filing. All members of the board have access to the form 990.”

“Conflict of interest policy the most valuable assets of a bbb are its integrity and neutrality. Any conflict of interest on the part of bbb employees or the bbb board of directors, whether real or perceived, can harm bbb's reputation. To eliminate the existence or appearance of any conflict of interest, the following standard shall apply to all bbb employees (including officers) and directors. Bbb employees and bbb directors shall avoid both the fact and appearance of a conflict of interest in any work or service performed by the bbb. On an annual basis, all bbb directors shall disclose to the bbb board of directors any financial, business or community relationship that may conflict with the work or service performed for bbb. Bbb employees and bbb directors shall not accept more than nominal gifts, gratuities or free services. Definitions: "association with a for-profit business" means being employed by a for-profit business, serving as an officer or director of a for-profit business, or retaining a significant ownership interest in a for-profit business. "association with a not-for-profit organizatoin" means serving as an officer or director of a not-for-profit organization. Avoiding actual or perceived conflict of interest annual disclosure annual disclosure by bbb employees: on an annual basis, all bbb employees except for the bbb ceo and officers shall disclose to the bbb ceo: any association with a for-profit business, any association with a not-for-profit organization and any other financial, business or communtiy relationship that may conflict with the work or service performed for bbb. Board action after annual disclosure by bbb employees when disclosure is made by an employee in accordance with section iii above, the bbb board of directors must determine: (1) whether the disclosed association or relationship is, or is likely to be perceived by others as, incompatible with the mission or adversely affecting the image of better business bureau; and (2) whether any such incompatibility or adverse effect can be avoided by restricting the bbb duties of the employee. If the bbb board of directors determine that a disclosed association or relationship is, or is likely to be perceived by others as, incompatible with the bbb's mission or adversely affecting the bbb's image, and also determines that such incompatibility or adverse effect cannot be avoided by restructing the bbb duties of the employee, then the employee making the disclosure may not continue his or her employment with bbb unless the disclosed association or relationship is terminated. If the bbb board of directors determines that a disclosed association or relationship is, or is likely to be perceived by others as, incompatible with bbb's mission or adversely affecting the bbb's image, and also determines that such incompatibility or adverse effect can be avoided by restricting the bbb duties of the employee making the disclosure, the bbb board shall set whatever restrictions it deems appropriate relating to the employee. This may include restricting the employee's participation in any bbb report, review or action pertaining to: (1) a business/organization with which the employee is associated, (2) a competitor of the business/organization, or (3) the trade or industry of which the business/organization is a part.”

“Available at www.bbb.org/wyoming-and-northern-colorado or upon request.”