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Nonprofit · EIN 04-2300503

BETTER BUSINESS BUREAU OF CENTRAL NEW ENGLAND

Tax-exempt · WORCESTER, MA 01605

Financials

$1.4M$1.4M2023$1.4M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of BETTER BUSINESS BUREAU OF CENTRAL NEW ENGLAND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,357,848$1,616,701-$258,853$2,082,344$595$2,081,749
December 31, 2023990$1,449,144$1,361,729$87,415$2,244,226$0$2,244,226
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,295,358
Investment income
$62,490
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$189,710
Other salaries and wages
$636,619
Salaries, compensation and benefits (total)
$979,133
Professional fundraising fees
$0
Accounting fees
$6,300
Occupancy
$87,017
Travel
$17,356
Depreciation
$17,908

Balance sheet and other

Total assets, start of year
$2,244,226
Total assets, end of year
$2,082,344
Total liabilities, end of year
$595
Net assets, end of year
$2,081,749
Land, buildings and equipment
$24,034
Publicly traded securities
$108,627
Net assets without donor restrictions
$2,081,749
Gross receipts
$1,357,848
Employees
27
Volunteers
0
Year formed
1945
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ALEX GUARDIOLACEO/CLERK
Officer
35$107,333$2,600$6,382
NANCY B CAHALENFORMER CEO/CLERK
Former
35$82,377$2,600$3,553
STEPHAN C CHASEDIRECTOR
Trustee or director
1$0$0$0
ALFRED H COLONNA JRDIRECTOR
Trustee or director
1$0$0$0
DANIEL J HARRINGTON IIIDIRECTOR
Trustee or director
1$0$0$0
JACOB LAZARUSDIRECTOR
Trustee or director
1$0$0$0
MICHELE KASABULACHAIR OF THE BOARD
Trustee or director, Officer
2$0$0$0
JAMES MADIGANDIRECTOR
Trustee or director
1$0$0$0
KIMBERLY MILLERDIRECTOR
Trustee or director
1$0$0$0
MICHAEL DUFFYFORMER TREASURER
Trustee or director, Officer
1$0$0$0
CASEY CORMIERVICE CHAIR OF THE BOARD
Trustee or director, Officer
2$0$0$0
JEFFREY B LOCKETREASURER/ FORMER SECRETARY
Trustee or director, Officer
2$0$0$0
MARIE MOURADIANDIRECTOR
Trustee or director
1$0$0$0
CAROLANN STRICKLINGDIRECTOR
Trustee or director
1$0$0$0
BRIAN CLARKDIRECTOR
Trustee or director
1$0$0$0
3 more people on this return
NameTitleHours / weekCompensation
ANTHONY ARCHAMBAULTDIRECTOR
Trustee or director
1$0
CARMELITA JOHNSONDIRECTOR
Trustee or director
1$0
SONIA MAHNOTDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
NANCY B CAHALENCEO/CLERK
Officer
35$149,608$5,200$12,064
STEPHAN C CHASEDIRECTOR
Trustee or director
1$0$0$0
ALFRED H COLONNA JRDIRECTOR
Trustee or director
1$0$0$0
DANIEL J HARRINGTON IIIDIRECTOR
Trustee or director
1$0$0$0
JACOB LAZARUSDIRECTOR
Trustee or director
1$0$0$0
MICHELE KASABULACHAIR OF THE BOARD
Trustee or director, Officer
2$0$0$0
JAMES MADIGANFORMER CHAIR
Trustee or director
2$0$0$0
KIMBERLY MILLERDIRECTOR
Trustee or director
1$0$0$0
MICHAEL DUFFYTREASURER
Trustee or director, Officer
1$0$0$0
RICK PORTERDIRECTOR
Trustee or director
2$0$0$0
GER RONANDIRECTOR
Trustee or director
1$0$0$0
CASEY CORMIERVICE CHAIR OF THE BOARD
Trustee or director, Officer
1$0$0$0
JEFFREY B LOCKESECRETARY
Trustee or director, Officer
1$0$0$0
MARIE MOURADIANDIRECTOR
Trustee or director
1$0$0$0
CAROLANN STRICKLINGDIRECTOR
Trustee or director
1$0$0$0
BRIAN CLARKDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
400 GROVE STREET, WORCESTER, MA 01605-1271
In care of
% ALEJANDRO GUARDIOLA
Principal officer (990 for 2024)
JEFFREY LOCKE, 400 GROVE STREET, WORCESTER, MA 01605
Signed the 990
JEFFREY LOCKE, TREASURER
Phone
(508) 755-3340
Return prepared by
O'CONNOR MALONEY & CO CPA'S

Mission

THE BETTER BUSINESS BUREAU OF CENTRAL NEW ENGLAND, INC.'S MISSION IS TO BE THE LEADER IN ADVANCING MARKETPLACE TRUST. THE ORGANIZATION 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.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROMOTE HONESTY, TRUTHFULNESS AND DEPENDABILITY IN ADVERTISING AND ALL BUSINESS PRACTICES, THEREBY INCREASING PUBLIC CONFIDENCE.
    Expenses $1,194,874 · revenue $1,295,358

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-2300503
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,082,344
Income (IRS master file)
$1,357,848

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,357,848$1,616,701$2,082,344XML
990December 2023$1,449,144$1,361,729$2,244,226XML
990December 2022$1,365,188$1,326,696$2,066,562IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2300503).

Questions about BETTER BUSINESS BUREAU OF CENTRAL NEW ENGLAND

What is the EIN of BETTER BUSINESS BUREAU OF CENTRAL NEW ENGLAND?
The employer identification number (EIN) of BETTER BUSINESS BUREAU OF CENTRAL NEW ENGLAND is 04-2300503.
Is BETTER BUSINESS BUREAU OF CENTRAL NEW ENGLAND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1989.
Are donations to BETTER BUSINESS BUREAU OF CENTRAL NEW ENGLAND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BETTER BUSINESS BUREAU OF CENTRAL NEW ENGLAND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BETTER BUSINESS BUREAU OF CENTRAL NEW ENGLAND due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BETTER BUSINESS BUREAU OF CENTRAL NEW ENGLAND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BETTER BUSINESS BUREAU OF CENTRAL NEW ENGLAND?
The 990 for the year ended December 31, 2024 names JEFFREY LOCKE.
Who are the officers and directors of BETTER BUSINESS BUREAU OF CENTRAL NEW ENGLAND?
The 990 for the year ended December 31, 2024 lists 18 people; 2 received compensation from the organization, the highest $107,333 (ALEX GUARDIOLA, CEO/CLERK).
How much revenue does BETTER BUSINESS BUREAU OF CENTRAL NEW ENGLAND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,357,848, expenses of $1,616,701 and total assets of $2,082,344 at year end.

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