Indian Diamond And Color-Stone Association Inc

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

EIN: 133211019 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is Indian Diamond And Color-Stone Association Inc?

The Indian Diamond and Color-Stone Association Inc is a nonprofit organization dedicated to serving its members by providing them with up-to-date information about the trends, advancements, and challenges in the diamond and color-stone industry. They accomplish this goal through various programs, such as organizing member directories and hosting trade shows. The association aims to keep its members well-informed and equipped to navigate the ever-evolving landscape of the industry.


Official website here: www.idcany.org

Is Indian Diamond And Color-Stone Association Inc legitimate?

Indian Diamond And Color-Stone Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Indian Diamond And Color-Stone Association 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: $45,500

For more financial information, click here


Official website here: www.idcany.org

What is the mission statement of Indian Diamond And Color-Stone Association Inc?

The Indian Diamond and Color-Stone Association's mission is centered around enlightening its members about the latest trends, advancements, and challenges within the industry. By doing so, they aim to equip their members with the necessary knowledge to navigate and thrive in this dynamic sector. To achieve this, the association offers various programs such as printing member directories and organizing trade show exhibitions.


Official website here: www.idcany.org

Who is the CEO of Indian Diamond And Color-Stone Association Inc?

Shailesh Jhalani is the Director of Indian Diamond And Color-Stone Association Inc.


Official website here: www.idcany.org

What is the revenue of Indian Diamond And Color-Stone Association Inc?

Indian Diamond And Color-Stone Association Inc's revenue in 2022 was $428,648.


Official website here: www.idcany.org

Who are the executives of Indian Diamond And Color-Stone Association Inc and what are their salaries?

The average compensation at Indian Diamond And Color-Stone Association Inc during 2022 was $45,500. There is 1 employee at Indian Diamond And Color-Stone Association Inc.


Here are 13 key members and their salaries:


Navneet Chordia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Haridas Kotahwala (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nimish Mehta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aniket Parikh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kailash Rawat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Akshat Sanghavi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anshal Shah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jihan Vaghashiya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shailesh Jhalani (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vinit Jobanputra (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manoj Bhandari (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rutali Gandhi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vibhor Saraf (Joint Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.idcany.org

Where can I find the form 990 for Indian Diamond And Color-Stone Association Inc?

Indian Diamond And Color-Stone Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.idcany.org

Learn more at the official website: www.idcany.org

Mission Statement of Indian Diamond And Color-Stone Association Inc

The Indian Diamond and Color-Stone Association, a prominent organization within the industry, is committed to ensuring its members are well-informed about the latest trends, advancements, and challenges that impact their field. By focusing on this mission, the association aims to equip its members with the necessary knowledge and resources to navigate the ever-evolving landscape of the industry effectively. Through initiatives such as member directory printing and trade show exhibitions, the Indian Diamond and Color-Stone Association actively works to disseminate relevant information, fostering a sense of unity and collaboration among its members.

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Impact




October, 2024

The Indian Diamond and Color-Stone Association Inc significantly impacts the gemstone industry by keeping its members well-informed about the latest trends, developments, and challenges. This awareness is crucial for helping members navigate the complexities of the market, adapt to changes, and maintain competitiveness. Through initiatives such as member directory printing and trade show exhibitions, the Association fosters networking and collaboration within the industry. By facilitating communication and education, it enhances the overall growth and sustainability of the gemstone trade, encouraging community improvement and professional development among its members in New York and beyond.




This information is meant to be a general summary of Indian Diamond And Color-Stone Association 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
$428,648 (2022)
Expenses
$436,536 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $968
  • Program Service Revenue: $427,680
  • Gross Receipts: $428,648

Assets and Liabilities:

  • Total Assets: $431,826
  • Total Liabilities: $53,567
  • Net Assets: $378,259

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Programs

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

TRADE SHOWS

Revenue

$322,117

MEMBERSHIP DUES

Revenue

$89,800

CONSULATE EVENT

Revenue

$13,763

MEMBER DIRECTORY PRINT

Revenue

$2,000

Organization Details

Founding Year

1984

Principal Officer

Shailesh Jhalani

Main Address

580 FIFTH AVENUE SUITE 625, NEW YORK, NY, 10036

NTEE Category

Code: S41 - Community improvement

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