Overview
What is World Diamond Council Association?
The World Diamond Council Association is a nonprofit organization situated in New York City, specifically at 580 FIFTH AVENUE 613, New York, NY 10036. Their primary mission is to establish and implement a system that accurately documents the origin of diamonds, aiming to put an end to the illicit trade of conflict diamonds. The organization collaborates with various government bodies, civil society representatives, and international organizations to achieve this goal. By doing so, the World Diamond Council Association aims to ensure the ethical and responsible sourcing of diamonds, thereby contributing to a more transparent and sustainable diamond industry.
Official website here: www.worlddiamondcouncil.org
Is World Diamond Council Association legitimate?
World Diamond Council Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. World Diamond Council 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.
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Official website here: www.worlddiamondcouncil.org
What is the mission statement of World Diamond Council Association?
The World Diamond Council Association's mission is centered around developing a system to document the origin of diamonds. This initiative is aimed at combating the illegal trade of conflict diamonds, which are often associated with violence and human rights abuses. By establishing this system, the association works towards ensuring transparency and accountability in the diamond industry. They collaborate with various entities, including governments, representatives of civil society, and international organizations, to implement this system effectively. The ultimate goal is to eradicate the market for conflict diamonds, thereby promoting peace and stability in areas affected by conflict.
Official website here: www.worlddiamondcouncil.org
What is the revenue of World Diamond Council Association?
World Diamond Council Association's revenue in 2023 was $505,730.
Official website here: www.worlddiamondcouncil.org
Who are the executives of World Diamond Council Association and what are their salaries?
Here are 22 key members and their salaries:
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Official website here: www.worlddiamondcouncil.org
Where can I find the form 990 for World Diamond Council Association?
World Diamond Council Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.worlddiamondcouncil.org
Learn more at the official website: www.worlddiamondcouncil.org
Mission Statement of World Diamond Council Association
The World Diamond Council Association is dedicated to establishing a system that tracks the origin of diamonds. This initiative aims to put an end to the illicit trade of conflict diamonds. By developing a comprehensive documentation system for the source of diamonds, the World Diamond Council Association seeks to dismantle the market for these diamonds, which have been linked to violence and conflict in certain regions. The association works closely with various stakeholders, including governments, representatives of civil society, and international organizations, to implement this system. Their ultimate goal is to ensure that the diamond industry operates in a transparent and ethical manner, thereby promoting peace and stability in diamond-producing regions.
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Impact
October, 2024
The World Diamond Council Association plays a crucial role in combating the trade of conflict diamonds by developing systematic documentation of diamond extraction. By collaborating with governments, civil society representatives, and international organizations, the WDC promotes transparency and traceability in the diamond supply chain. This initiative is vital in ensuring that diamonds do not finance violence or human rights abuses, thereby protecting communities and fostering ethical practices within the industry. Through these efforts, the WDC helps to build a more responsible diamond sector that prioritizes the welfare of people and the environment, significantly impacting both local communities and the global market.
This information is meant to be a general summary of World Diamond Council 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $9,730
- Program Service Revenue: $496,000
- Gross Receipts: $505,730
Assets and Liabilities:
- Total Assets: $1,336,111
- Total Liabilities: $336,416
- Net Assets: $999,695
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$496,000
Organization Details
Founding Year
2000
Principal Officer
Ronald Vanderlinden
Website
www.worlddiamondcouncil.orgNTEE Category
Code: S46 - Community improvement
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