Bbb National Programs Inc

“The organization experienced a cyberattack which was resolved prior to year-end; any loss from the attack is reflected in the current year activity.”

“A draft of the IRS form 990 is reviewed by the audit and finance committee prior to filing, and is shared with the chief executive officer and governing body before its submission to the IRS.”

“The BBB National Program board members are annually asked to complete a conflict of interest form. A subcommittee of the nominating and governance committee reviews any actual or perceived conflict of interest and discusses the potential conflict and any appropriate responsive actions with affected directors. Meetings minutes will disclose any potential conflict relating to a particular matter before the board, including an indication that the interested director did not participate in any vote on the matter.”

“The process for setting the compensation of the chief executive officer is as follows: the compensation of the chief executive officer is determined by the board of directors using appropriate market data. The deliberations of the board and the market data referenced is documented in the Minutes of the appropriate committee.”

“BBB National Programs' audited financial statements, tax return and other governing documents are made available upon request.”

“To foster trust, innovation, and competition in the marketplace through the development and delivery of effective, third-party self-regulation, dispute resolution, and other programs.”

“Bbb national programs promotes truth-in-advertising through its national advertising division and national advertising review board; provides a watchdog role on the direct selling industry via its direct selling self-regulatory council; helps companies adhere to applicable privacy standards through its various privacy initiatives; creates guidelines for children's advertising and privacy in its children's advertising review unit; monitors digital advertising, including political ads, through its digital advertising accountability program; and sets standards for companies that advertise food and beverages to children via its children's food and beverage advertising initiative, doing all of this work in the spirit of encouraging voluntary self-regulation.”