Diamond Merchants Benevolent Associ

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

EIN: 132968366 ✦ New york, NY ✦ Designated as a 501(c)(12)

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Overview

What is Diamond Merchants Benevolent Associ?

Diamond Merchants Benevolent Association is a nonprofit organization situated in New York City, specifically at 50 WEST 47th Street STE 1101. Their primary mission is to extend benevolent aid to families in need, who are members of the Diamond Dealers Club. This assistance is provided voluntarily and aims to alleviate hardships faced by these families. The organization's activities are centered around this mission, demonstrating a dedication to supporting and uplifting the community within the Diamond Dealers Club.

Is Diamond Merchants Benevolent Associ legitimate?

Diamond Merchants Benevolent Associ is a legitimate nonprofit organization registered as a 501(c)(12) entity. Diamond Merchants Benevolent Associ 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: $0

For more financial information, click here

What is the mission statement of Diamond Merchants Benevolent Associ?

The Diamond Merchants Benevolent Association has a mission to extend voluntary aid to families in need within the Diamond Dealers Club members' community. This organization is committed to providing benevolent funds to those who are facing financial hardships. The primary objective of Diamond Merchants Benevolent Association is to assist these families, offering them the necessary support during challenging times.

Who is the CEO of Diamond Merchants Benevolent Associ?

Aaron Landau is the Board Director of Diamond Merchants Benevolent Associ.

What is the revenue of Diamond Merchants Benevolent Associ?

Diamond Merchants Benevolent Associ's revenue in 2022 was $38,409.

Who are the executives of Diamond Merchants Benevolent Associ and what are their salaries?


Here are 9 key members and their salaries:


Joseph Taub (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shabsse Oberlander (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simcha Ginsberg (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abraham Lieberman (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zvi Steinberg (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Landau (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hector Goldman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morris Zwiebel (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ely Rosenfeld (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Diamond Merchants Benevolent Associ?

Diamond Merchants Benevolent Associ's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Diamond Merchants Benevolent Associ

Diamond Merchants Benevolent Association is a nonprofit organization dedicated to providing assistance to families in need, specifically those associated with the Diamond Dealers Club members. The mission of this benevolent association is to extend a helping hand to these families who are currently facing financial hardships. By voluntarily setting aside funds, Diamond Merchants Benevolent Association aims to alleviate some of the burden faced by these families. This compassionate organization serves as a beacon of hope, offering a lifeline to those in need within their community.

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Impact




October, 2024

The Diamond Merchants Benevolent Association has a significant impact by actively supporting needy families associated with the Diamond Dealers Club members. Through compassionate financial assistance, they provide vital benevolent funds that help families navigate challenging circumstances. Located in New York, the organization focuses on fostering a sense of community and mutual benefit among its members, ensuring that those facing hardships receive the necessary resources to improve their situations. This commitment to voluntary assistance underscores their dedication to uplifting and empowering families in the diamond trading community during times of need.




This information is meant to be a general summary of Diamond Merchants Benevolent Associ. 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
$38,409 (2022)
Expenses
$19,204 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,705
  • Gross Receipts: $38,409

Assets and Liabilities:

  • Total Assets: $910,051
  • Total Liabilities: $2,000
  • Net Assets: $908,051

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Organization Details

Founding Year

1955

Principal Officer

Aaron Landau

Main Address

50 WEST 47th Street STE 1101, NEW YORK, NY, 10036

NTEE Category

Code: Y40 - Mutual benefit

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