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The Plumb Club Association

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

EIN: 133180239 ✦ Englewood, NJ ✦ Designated as a 501(c)(6)

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Overview

What is The Plumb Club Association?

The Plumb Club Association is a nonprofit organization situated in Englewood, New Jersey, primarily serving the jewelry, diamond, and watch industries. Its membership encompasses top-tier manufacturers, suppliers, and wholesalers, fostering professional relationships to provide a competitive edge for its members. The organization offers various platforms, including conferences, trade show pavilions, and business opportunities, enabling members to interact with jewelry retailers and fellow associates. The Plumb Club Association's annual trade show showcases products and provides opportunities for industry principals to strengthen fraternal and professional connections, ultimately benefiting both the association and the broader jewelry industry. The association's mission is to promote fellowship and enhance human relationships within the U.S. jewelry industry.


Official website here: www.plumbclub.com

What do the Facebook reviews say about The Plumb Club Association?

92% of reviewers on Facebook recommend The Plumb Club Association. Here is a summary of their reviews:

The feedback highlights a positive experience with the nonprofit, particularly praising the quality of the events they organize. One specific comment noted the effectiveness of the speakers at their shows, indicating that attendees appreciate the value added by knowledgeable presenters.

Overall, individuals seem pleased with the services offered by The Plumb Club Association, suggesting that the organization successfully meets the expectations of its community through engaging and informative events.


This AI summary has been generated from reviews found on Facebook.

Is The Plumb Club Association legitimate?

The Plumb Club Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Plumb Club Association 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: $195,669
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,120

For more financial information, click here


Official website here: www.plumbclub.com

What is the mission statement of The Plumb Club Association?

The Plumb Club Association's mission is centered around supporting the U.S. jewelry industry. They aim to foster fellowship among industry members and enhance human relationships within the sector. This association draws membership from various segments of the jewelry, diamond, and watch industries. By organizing events such as conferences, trade shows, and business opportunities, they help their members interact with jewelry retailers and fellow members, providing a competitive advantage. This interaction creates opportunities for principals of member firms to strengthen both fraternal and professional relationships, benefiting the Plumb Club and the jewelry industry as a whole. Additionally, they host an annual trade show, offering the jewelry profession a platform to showcase their products and engage with other industry players in a conducive environment.


Official website here: www.plumbclub.com

What is the revenue of The Plumb Club Association?

The Plumb Club Association's revenue in 2023 was $7,012,492.


Official website here: www.plumbclub.com

Who are the executives of The Plumb Club Association and what are their salaries?

The average compensation at The Plumb Club Association during 2023 was $131,894. There are 2 employees and 25 volunteers at The Plumb Club Association.

Here are 13 key members and their salaries:


Roger Forman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keven Peck (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corinna Bhasin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Mastoloni (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Weinman (Pavilion Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Azar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Lerche (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alok Mehta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Sandberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pranav Shah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Stubbert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Gaynes (Director (Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Hess (Executive Director)
  • Compensation: $166,080
  • Related: $0
  • Other: $29,588


Official website here: www.plumbclub.com

Where can I find the form 990 for The Plumb Club Association?

The Plumb Club Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.plumbclub.com

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

Mission Statement of The Plumb Club Association

The Plumb Club Association, a prominent organization within the U.S. jewelry industry, is dedicated to advancing its members' interests and fostering harmonious relationships. Its mission is twofold: firstly, to promote camaraderie among its members, who hail from various segments of the jewelry, diamond, and watch industries. Secondly, the association seeks to enhance these relationships, thereby providing its members with a competitive edge in engaging with jewelry retailers and fellow members.

The Plumb Club Association serves as a business association for esteemed manufacturers, suppliers, and wholesalers in the jewelry sector. By offering various platforms, such as conferences, trade show pavilions, and business opportunities, the association empowers its members to interact effectively with jewelry retailers and fellow members. This interaction not only creates opportunities for networking but also contributes to the overall growth of the jewelry industry as a whole.

The Plumb Club Annual Trade Show is a significant event in the organization's calendar. It provides a platform for jewelry professionals to showcase their products and engage with other industry peers in an environment that encourages best practices. This annual event is a testament to the association's commitment to fostering relationships and providing its members with opportunities to enhance their professional standing within the jewelry industry.

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Impact




October, 2024

The Plumb Club Association plays a vital role in the U.S. jewelry industry by fostering a sense of community among its members and promoting valuable connections. By facilitating professional relationships among manufacturers, suppliers, wholesalers, and retailers, the Association enhances collaboration and communication within the industry.

Members benefit from a range of platforms, including forums, conferences, and trade show pavilions, which allow them to engage with each other and build networks that can lead to increased sales and strategic partnerships. The Association's annual trade show serves as a key event, providing opportunities for members to showcase their products and learn about best practices in a supportive environment.

Through its initiatives, The Plumb Club Association not only strengthens individual businesses but also contributes to the overall improvement and sustainability of the jewelry industry as a whole, ultimately creating a more competitive landscape for its members.




This information is meant to be a general summary of The Plumb Club Association. 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
$7,012,492 (2023)
Expenses
$6,900,795 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $62,247
  • Program Service Revenue: $6,950,245
  • Gross Receipts: $7,012,492

Assets and Liabilities:

  • Total Assets: $3,797,126
  • Total Liabilities: $7,828
  • Net Assets: $3,789,298

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TRADE SHOWS

Revenue

$6,109,662

DUES AND ASSESSMENTS

Revenue

$723,083

CLUB INCOME

Revenue

$100,000

INITIATION FEE

Revenue

$17,500

Organization Details

Founding Year

1983

Principal Officer

Lawrence Hess

NTEE Category

Code: S46 - Community improvement

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