International Colored Gemstone

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

EIN: 953901200 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is International Colored Gemstone?

International Colored Gemstone is a nonprofit organization, headquartered in New York City, specifically at 132 West 31st Street, Floor 9. Their primary mission is to foster an understanding and appreciation of natural colored gemstones on a global scale. They accomplish this through various means, including organizing trade shows, hosting conferences, and maintaining an information bureau in key locations such as New York, Europe, and Asia. With a small team of four dedicated individuals, they work tirelessly to promote the value and beauty of these gemstones to the world.


Official website here: www.gemstone.org

Is International Colored Gemstone legitimate?

International Colored Gemstone is a legitimate nonprofit organization registered as a 501(c)(6) entity. International Colored Gemstone 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: $87,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $228,581

For more financial information, click here


Official website here: www.gemstone.org

What is the mission statement of International Colored Gemstone?

The International Colored Gemstone, as an organization, is committed to fostering a deeper understanding and appreciation of natural colored gemstones. This is achieved through various initiatives such as trade shows, conferences, and the operation of an information bureau in key locations like New York, Europe, and Asia. The goal is to promote the understanding, appreciation, and global sale of these gemstones, thereby enhancing their value and recognition in the market.


Official website here: www.gemstone.org

Who is the CEO of International Colored Gemstone?

Douglas Hucker is the Director of International Colored Gemstone. The CEO's salary of International Colored Gemstone is $87,500 and their total compensation is $87,500.


Official website here: www.gemstone.org

What is the revenue of International Colored Gemstone?

International Colored Gemstone's revenue in 2022 was $339,955.


Official website here: www.gemstone.org

Who are the executives of International Colored Gemstone and what are their salaries?

The average compensation at International Colored Gemstone during 2022 was $79,020. There are 4 employees at International Colored Gemstone.


Here are 23 key members and their salaries (International Colored Gemstone's CEO's salary is $87,500 and their total compensation is $87,500):


Captain Ramji Sharma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chen Shen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Saurabh Bansal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Ho (V.P.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kobi Sevdermish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Boyd (V.P.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clement Sabbagh (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sushil Goyal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Tremonti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Bronfen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duncan Mclauchlan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rocco Gay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pearl Ng (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shahina Hatta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwarka Khandewal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Altaf Iqbal (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phuket Khunaprapakorn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ioannis Alexandris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miriam Kamau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bj Hackman (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Caplan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guillermo Galvis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Hucker (Ceo)
  • Compensation: $87,500
  • Related: $0
  • Other: $0


Official website here: www.gemstone.org

Where can I find the form 990 for International Colored Gemstone?

International Colored Gemstone's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gemstone.org

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

Mission Statement of International Colored Gemstone

International Colored Gemstone, as an organization, is committed to fostering a deep understanding and appreciation of natural colored gemstones worldwide. Their mission revolves around promoting these gemstones, not just for their commercial value, but also for their inherent beauty and historical significance. They achieve this goal through various means, including trade shows, conferences, and an information bureau in key locations such as New York, Europe, and Asia. This strategic approach allows International Colored Gemstone to disseminate knowledge and enthusiasm for colored gemstones on a global scale, ultimately contributing to their increased recognition and value in diverse markets.

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Impact




October, 2024

International Colored Gemstone significantly impacts the global market for natural colored gemstones by fostering a deeper understanding and appreciation of these unique resources. Through various initiatives, including trade shows and conferences held in key regions like New York, Europe, and Asia, they facilitate meaningful connections among gem enthusiasts, collectors, and industry professionals.

By promoting education about the beauty and value of natural colored gemstones, they help drive sales and increase demand. Their efforts enrich the community, encouraging both personal and commercial growth within the gemstone industry while highlighting sustainable practices and ethical sourcing. This community-centered approach not only enhances the appreciation for gemstones but also supports artisans and miners, contributing to overall economic development in regions where these gemstones are sourced.




This information is meant to be a general summary of International Colored Gemstone. 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
$339,955 (2022)
Expenses
$958,337 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $339,955
  • Gross Receipts: $339,955

Assets and Liabilities:

  • Total Assets: $1,670,208
  • Total Liabilities: $1,735,674
  • Net Assets: -$65,466

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Programs

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

TRADE SHOWS

Revenue

$290,955

GEMS KEEP GIVING

Revenue

$27,000

GEMLAB

Revenue

$22,000

Organization Details

Founding Year

1984

Principal Officer

Douglas Hucker

Main Address

132 WEST 31ST STREET FLOOR 9, NEW YORK, NY, 10001

NTEE Category

Code: S40 - Community improvement

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