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Twenty Four Karat Club Of The City Of New York

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

EIN: 136135938 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is Twenty Four Karat Club Of The City Of New York?

The Twenty Four Karat Club of the City of New York is a nonprofit organization situated in the heart of New York City, specifically at 6 East 45th Street 1305, New York, NY 10017. Its primary purpose is to foster business relationships within the jewelry industry. To accomplish this, the club organizes various events and gatherings, such as an annual banquet, aiming to unite individuals involved in the jewelry sector and facilitate networking opportunities. By doing so, the club aims to encourage professional growth and collaborations within the industry.

Is Twenty Four Karat Club Of The City Of New York legitimate?

Twenty Four Karat Club Of The City Of New York is a legitimate nonprofit organization registered as a 501(c)(6) entity. Twenty Four Karat Club Of The City Of New York 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: $37,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Twenty Four Karat Club Of The City Of New York?

The Twenty Four Karat Club of the City of New York's mission is centered around fostering business relationships within the jewelry industry. This is achieved through various activities and functions, including annual banquets and regular gatherings. The primary objective is to provide a platform where professionals in the jewelry industry can connect and establish or strengthen their business relationships. This club serves as a fellowship, bringing together individuals working in the jewelry sector, thereby promoting networking and collaboration within the industry.

What is the revenue of Twenty Four Karat Club Of The City Of New York?

Twenty Four Karat Club Of The City Of New York's revenue in 2024 was $910,624.

Who are the executives of Twenty Four Karat Club Of The City Of New York and what are their salaries?

Here are 14 key members and their salaries:


Sarin Bachmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Zuckerman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Lagos (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kennedy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Arnold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Markman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Bergman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathalie Diamantis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yogesh K Madhvani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Decristofaro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacie Orloff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Cohen (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Stanley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronnie Vanderlinden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Twenty Four Karat Club Of The City Of New York?

Twenty Four Karat Club Of The City Of New York's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Twenty Four Karat Club Of The City Of New York

The Twenty Four Karat Club of the City of New York is dedicated to fostering business relationships within the jewelry industry. Their mission is centered around bringing together individuals and organizations involved in the jewelry sector, providing an opportunity for fellowship and the formation of new business connections. Through various activities and events, such as annual banquets and other gatherings, the club aims to facilitate networking and relationship-building among its members, thereby enriching the jewelry industry as a whole.

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Impact




October, 2024

The Twenty Four Karat Club Of The City Of New York plays a crucial role in fostering collaboration and business networking within the jewelry industry. By organizing events such as an annual banquet and various gatherings, the organization creates opportunities for professionals in the sector to connect, share insights, and develop meaningful business relationships.

These functions not only strengthen individual connections but also contribute to the overall health and vitality of the jewelry industry in New York. The club's focus on fellowship among its members encourages a supportive community, facilitating the exchange of ideas and best practices that can drive innovation and growth. In this way, the Twenty Four Karat Club enhances the professional landscape of the jewelry sector, ultimately benefiting the broader economy of New York.




This information is meant to be a general summary of Twenty Four Karat Club Of The City Of New York. 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
$910,624 (2024)
Expenses
$834,675 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $40
  • Program Service Revenue: $596,895
  • Gross Receipts: $910,624

Assets and Liabilities:

  • Total Assets: $807,526
  • Total Liabilities: $251,403
  • Net Assets: $556,123

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Programs

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

BANQUET

Revenue

$589,695

GOLF OUTING
SUMMER OUTING

Revenue

$7,200

Organization Details

Founding Year

1902

Principal Officer

Steven Lagos

NTEE Category

Code: S41Z - Community improvement

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