Diamond Dealers Club Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 130632945 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is Diamond Dealers Club Inc?

Diamond Dealers Club Inc, located in New York, NY, serves as a prominent organization within the diamond industry. Acting as a trade association, it provides a range of programs and services to its members, including facilitating travel and conferences related to world federation diamonds. Moreover, the club offers an amortization of its official website for the benefit of its members. In essence, Diamond Dealers Club Inc functions as a hub for networking and resources within the diamond industry.


Official website here: www.nyddc.com

Is Diamond Dealers Club Inc legitimate?

Diamond Dealers Club Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Diamond Dealers Club Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $128,492

For more financial information, click here


Official website here: www.nyddc.com

What is the mission statement of Diamond Dealers Club Inc?

The Diamond Dealers Club Inc serves as a Diamond Industry Trade Association, dedicated to promoting various programs and initiatives within the diamond industry. These include organizing travel and conferences in line with the World Federation Diamonds, as well as offering an amortization of website for its member base. The club's mission is primarily focused on facilitating and supporting the diamond industry, without providing specific details on its objectives for increasing understanding, acceptance, or advancing research like other organizations might do.


Official website here: www.nyddc.com

Who is the CEO of Diamond Dealers Club Inc?

Elliot Krischer is the Secretary of Diamond Dealers Club Inc.


Official website here: www.nyddc.com

What is the revenue of Diamond Dealers Club Inc?

Diamond Dealers Club Inc's revenue in 2022 was $603,560.


Official website here: www.nyddc.com

Who are the executives of Diamond Dealers Club Inc and what are their salaries?

The average compensation at Diamond Dealers Club Inc during 2022 was $16,062. There are 8 employees at Diamond Dealers Club Inc.


Here are 17 key members and their salaries:


Sushil Goyal (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Moskovitz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Steinmetz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliot Krischer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Haim Aharonoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eli Edalati (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ishay Ben-David (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yekutiel Davidov (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eli Isser Fruchter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ravi Jargad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Israel Kornbluh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sanjeev Jain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Samuels (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sudhen Mehta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lasher (Managing Director)
  • Compensation: $34,480
  • Related: $0
  • Other: $0
Solomon Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abraham Fastag (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nyddc.com

Where can I find the form 990 for Diamond Dealers Club Inc?

Diamond Dealers Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nyddc.com

Learn more at the official website: www.nyddc.com

Mission Statement of Diamond Dealers Club Inc

Diamond Dealers Club Inc, functioning as a Diamond Industry Trade Association, is dedicated to serving its members with a variety of programs. Its mission is centered around facilitating travel and organizing conferences related to world federation diamonds. The organization also offers an amortization of its website to its members, providing them with additional benefits and resources. By doing so, Diamond Dealers Club Inc aims to foster a sense of unity and collaboration within the diamond industry, providing a platform for its members to engage and grow their businesses.

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Impact




October, 2024

Diamond Dealers Club Inc plays a significant role in enhancing the diamond industry's landscape through its various programs and initiatives. By functioning as a trade association, it brings together members of the diamond industry, facilitating networking and collaboration that help to strengthen business relationships.

The club organizes travel opportunities and conferences centered on diamond trade, thereby fostering knowledge exchange and promoting best practices among industry professionals. These gatherings serve as platforms for learning and engagement, positioning members to stay informed about global trends and developments in the diamond market.

Additionally, Diamond Dealers Club offers valuable resources such as website amortization for its members, which aids in their business visibility and digital presence. Based in New York, NY, the club not only supports individual members but also contributes to the broader community improvement efforts within the diamond sector, reinforcing its mission to support and elevate the diamond trade. Through these activities, the Diamond Dealers Club Inc impacts both its members and the wider industry, driving growth and development.




This information is meant to be a general summary of Diamond Dealers Club Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$603,560 (2022)
Expenses
$367,706 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $603,560

Assets and Liabilities:

  • Total Assets: $6,052,914
  • Total Liabilities: $242,921
  • Net Assets: $5,809,993

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Organization Details

Founding Year

1931

Principal Officer

Elliot Krischer

Main Address

50 WEST 47TH STREET, NEW YORK, NY, 10036

NTEE Category

Code: S41 - Community improvement

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