2025-08-18T14:37:43-05:00 2024-12-31 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1755 KIRBY PARKWAY SUITE 200 MEMPHIS TN 38120 990 2024-01-01 620458084 BETTER BUSINESS BUREAU OF THE MID-SOUTH INC BETT 9017591300 3693 TYNDALE DRIVE MEMPHIS TN 38125 RANDALL L HUTCHINSON PRESIDENT 9017591300 2025-08-14 1 1 RICHARD A SWOPE P00590766 9016834234 2025-08-14 2024 2025-03-06 01:10:19Z RANDALL L HUTCHINSON 3693 TYNDALE DRIVE MEMPHIS TN 38125 2955113 0 X WWW.BBB.ORG X 1948 TN AN ETHICAL MARKETPLACE WHERE BUYERS AND SELLERS CAN TRUST EACH OTHER 27 27 23 0 352385 0 1899422 1921524 421994 371694 41770 104755 55218 45090 2418404 2443063 0 0 0 0 1415856 1402758 0 0 0 869888 878669 2285744 2281427 132660 161636 3957784 4348954 73703 97004 3884081 4251950 X OUR VISION: AN ETHICAL MARKETPLACE WHERE BUYERS AND SELLERS CAN TRUST EACH OTHER. OUR MISSION: THE BETTER BUSINESS BUREAU'S MISSION IS TO BE THE LEADER IN ADVANCING MARKETPLACE TRUST. BBB ACCOMPLISHES THIS MISSION BY: CREATING A COMMUNITY OF TRUSTWORTHY BUSINESSES. SETTING STANDARDS FOR MARKETPLACE TRUST; ENCOURAGING AND SUPPORTING BEST PRACTICES; CELEBRATING MARKETPLACE ROLE MODELS; AND DENOUNCING SUBSTANDARD MARKETPLACE BEHAVIOR. 0 0 THE ORGANIZATION HAS APPROXIMATELY 4,200 MEMBER BUSINESSES IN THE MID-SOUTH. IT PROVIDES FREE INFORMATION TO BUSINESSES AND THE PUBLIC, AND ACTS AS A LIAISON BETWEEN PARTIES WHEN NECESSARY REGARDING BUSINESS TRADE. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 8 0 1 23 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 TN X PATRICK ACCOUNTING 9017591300 3693 TYNDALE DRIVE MEMPHIS TN 38125 RICHARD ROBINSON DIRECTOR 1.00 X 0 0 0 RANDALL HUTCHINSON PRESIDENT AND CEO 40.00 X X 195000 0 11688 PIERRE T LANDAICHE III DIRECTOR 1.00 X 0 0 0 NICK COLEMAN DIRECTOR 1.00 X 0 0 0 JAIRO ARGUIJO DIRECTOR 1.00 X 0 0 0 MEREDITH CRAWFORD CHAIRMAN 1.00 X X 0 0 0 MARTY KISER DIRECTOR 1.00 X 0 0 0 LANCE RUSSELL DIRECTOR 1.00 X 0 0 0 KENT RITCHEY DIRECTOR 1.00 X 0 0 0 KATHE STEWART DIRECTOR 1.00 X 0 0 0 JOE MCDONALD DIRECTOR 1.00 X 0 0 0 JASON YASINSKY SECRETARY 1.00 X X 0 0 0 GARY DODSON VICE CHAIRMAN 1.00 X X 0 0 0 DOUGLAS SCARBORO DIRECTOR 1.00 X 0 0 0 DOTTY SUMMERFIELD GIUSTI DIRECTOR 1.00 X 0 0 0 DAVID ANDREWS DIRECTOR 1.00 X 0 0 0 DANA J JEANES DIRECTOR 1.00 X 0 0 0 JAKE ADAMS DIRECTOR 1.00 X 0 0 0 JEANNIE SMITH DIRECTOR 1.00 X 0 0 0 BRIAN RAITERI DIRECTOR 1.00 X 0 0 0 MITZI LYNE DIRECTOR 1.00 X 0 0 0 RENEE MALONE DIRECTOR 1.00 X 0 0 0 RICO ANDREWS DIRECTOR 1.00 X 0 0 0 JONATHAN MITCHELL DIRECTOR 1.00 X 0 0 0 KEITH NORMAN DIRECTOR 1.00 X 0 0 0 HERB WELLS TREASURER 1.00 X X 0 0 0 AYILE ARNETT DIRECTOR 1.00 X 0 0 0 CHARLES BARNES DIRECTOR 1.00 X 0 0 0 JANA KONRAD BUSINESS RELATIONS 40.00 X 104867 0 7069 299867 0 18757 2 0 1 0 0 1921524 1921524 MARKETING AND ADVERTIS 541800 352385 352385 APPLICATION FEES 900099 19309 19309 371694 124992 124992 491813 512050 -20237 -20237 -20237 INSTALLMENT FEES 900099 40613 40613 OTHER INCOME 900099 4477 4477 45090 2443063 44162 352385 124992 299867 847464 86130 86325 82972 42759 19449 296447 11185 57716 5221 126564 40396 COMPUTER EXPENSE 73404 MERCHANT CHARGES 64689 REPAIRS/MAINTENANCE 45951 TAXES & INSURANCE 31625 63263 2281427 398219 494608 1994495 1054543 980348 939952 2022277 2259585 556940 654809 3957784 4348954 73703 97004 73703 97004 X 0 0 0 0 3884081 4251950 3884081 4251950 3957784 4348954 161636 206233 0 X 0 1 X 1 0 339961 339961 1273060 720112 552948 381474 334431 47043 939952 FIRST HORIZON - CERTIFICATES OF DEPOSIT 654809 F 654809 X 2629847 206233 206233 2423614 19449 19449 2443063 2261978 0 2261978 19449 19449 2281427 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT OF BBB TO EVALUATE TAX POSITIONS TAKEN BY BBB AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF BBB HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT OF BBB HAS ANALYZED THE TAX POSITIONS TAKEN BY THEM AND HAS CONCLUDED THAT, FOR THE PERIOD ENDED DECEMBER 31, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. BBB IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS. X 0 0 0 RANDALL HUTCHINSON PRESIDENT AND CEO 195000 0 0 0 0 0 0 0 11688 0 206688 0 0 0 INTERNATIONAL ASSOCIATION OF BETTER BUSINESS BUREAUS NATIONAL OFFICE 126564 DUES 0 JAKE ADAMS BOARD MEMBER 1442457 FIRST HORIZON BANK 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS (A) NAME OF PERSON : THE INTERNATIONAL ASSOCIATION OF BETTER BUSINESS BUREAUS(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: NATIONAL OFFICE(C) AMOUNT OF TRANSACTION $126,564.(D) DESCRIPTION OF TRANSACTION: DUES(E) SHARING OF ORGANIZATION REVENUES? = NO(A) NAME OF PERSON: JAKE ADAMS (FIRST HORIZON BANK)(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: BOARD MEMBER(C) AMOUNT OF TRANSACTION $1,442,457.(D) DESCRIPTION OF TRANSACTION: FIRST HORIZON BANK DEPOSIT AND INVESTMENT ACCOUNTS(E) SHARING OF ORGANIZATION REVENUE? = NO FORM 990, PART VI, SECTION A, LINE 6 ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B 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. FORM 990, PART VI, SECTION B, LINE 12C 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 EMPLOYE. 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 OR 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. FORM 990, PART VI, SECTION B, LINE 15A THE ADMINISTRATIVE COMMITTEE EVALUATES THE PERFORMANCE AND FIXES THE COMPENSATION OF THE PRESIDENT. IT COMPRISES THE CHAIR, 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. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST BETTER BUSINESS BUREAU OF THE MID-SOUTH - EDUCATION FOUNDATION 3693 TYNDALE DRIVE MEMPHIS TN 38125 621862462 EDUCATION FOUNDATION TN 501(C)(3) LINE 11 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0