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INTERNATIONAL COLORED GEMSTONE
NEW YORK, NY · EIN 953901200 · Form 990 · FY2024 · Medium ($1M-$10M) · gemstone.org
revenue
$1.8M
expenses
$1.8M
net assets
$50K
employees
0
program ratio
74%
mission · from form 990

PROMOTE AN UNDERSTANDING AND APPRECIATION OF NATURAL COLORED GEM STONES

profile · synthesized from sources

International Colored Gemstone Association (ICA) is a global trade association founded in 1984 that represents over 600 members across the colored gemstone supply chain. It promotes the understanding and appreciation of colored gemstones, advances ethical trading practices, and fosters international communication and standards within the industry. The organization hosts biennial congresses and educational initiatives to support sustainable growth and responsible sourcing.

named programs · 4 · from sources

What they call their work

Accredited Ethical Member (AEM) Program
Educational self-audit and voluntary pledge program promoting responsible sourcing and ethical trading practices among ICA members
Gems Keep Giving
Charitable initiative supporting beneficial projects in artisanal colored gemstone mining and cutting communities, aligned with UN Sustainable Development Goals
ICA Congress
Biennial global gathering fostering dialogue, education, and networking on key issues facing the colored gemstone industry
ICA Plus
Global networking event held in Hong Kong focusing on innovation, sustainability, and growth opportunities in the colored gemstone trade
activities · 2 groups

What they do

  • Jewelry and Gemstone Industry Advancement 6 activities
    • Advocacy for artisanal mining communities
      Advocates for increased support and better conditions for artisanal colored gemstone mining communities, including public calls for support at the ICA Congress, such as for Brazilian artisanal miners.
    • Development of industry standards and international collaboration
      Advances the global colored gemstone industry by developing standards and fostering international collaboration among nearly 700 professionals and organizations across 47 countries.
    • Operation of a global tender service for gemstone vendors
      Provides a one-stop-shop tender service offering flexible, cost-efficient market access for colored gemstone miners and vendors, including customized services, data analysis, and global hosting capabilities.
    • Organization of biennial industry congresses and networking events
      Organizes large-scale, biennial congresses and the ICA Plus 2026 conference to foster innovation, talent development, and sustainable growth by bringing together global gemstone professionals for seminars, networking, and strategy discussions.
    • Promotion and appreciation of natural colored gemstones
      Operates to promote understanding and appreciation of natural colored gemstones globally, supporting the industry through advocacy, research, and collaboration.
    • Publication of research and industry expertise via INCOLOR magazine
      Publishes and disseminates INCOLOR, a specialized magazine featuring original research and expert insights on mining, lapidary practices, marketing, ethics, and promotion in the colored gemstone industry.
  • Uncategorized 1 activity
    • Accreditation and ethical membership program
      Grants Accredited Ethical Member status to industry participants who complete annual accreditation and distributes 500 holographic seals annually to active members to promote trust and ethical standards across the supply chain.
financials · form 990 · fy2024
revenue
Total revenue$1.75M
Contributions & grants$00%
Program service revenue$1.75M100%
Investment income$80%
Other revenue$0
expenses
Total expenses$1.78M
Program expenses74%
Admin / overhead26%
Fundraising0%
Salaries & benefits$287K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$1.51M
Cash$315K
Investments$0
Liabilities$1.46M
Net assets$50K
Liquid reserves2.1 mo
6 years on record · 2019–2024 · YoY revenue -14.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
DOUGLAS HUCKER CEO 40 $175K
board members · 24
  • ALTAF IQBAL — SECRETARY
  • ARMIL SAMMOON — DIRECTOR
  • ASHISH VIJAY — DIRECTOR
  • BENEDICTE LAVOI — DIRECTOR
  • CLAUDIA HAMANN — DIRECTOR
  • CLEMENT SABBAGH — IMMEDIATE PAST PRESIDENT
  • DAMIEN CODY — PRESIDENT
  • DANIEL BRONFEN — DIRECTOR
  • DUNCAN MCLAUCHLAN — SECRETARY
  • DWARKA PRASAD KHANDELWAL — DIRECTOR
  • EVAN CAPLAN — DIRECTOR
  • GUILLERMO GALVIS — DIRECTOR
  • IOANNIS ALEXANDRIS — DIRECTOR
  • KENGO KAJITA — DIRECTOR
  • LUCAS SENRONG LU — DIRECTOR
  • MARK TREMONTI — DIRECTOR
  • MIRIAM MIMO KAMAU — DIRECTOR
  • OREN ELIEZRI — DIRECTOR
  • PEARL NG — DIRECTOR
  • PHUKET KHUNAPRAPAKORN — V.P.
  • ROCCO GAY — V.P.
  • SAMIR SUKHADIA — DIRECTOR
  • SUSHIL GOYAL — TREASURER
  • VIJAY KEDIA — DIRECTOR
relationships · 11

Who they work with

  • CIBJO Partner — Co-developed the Responsible Sourcing Book used in the Ethical Member Accreditation process.
  • CIBJO Partner — Collaborates with CIBJO on global standards and initiatives for the colored gemstone industry.
  • ICA Congress Network — Hosted and participated in the ICA Congress as part of its network engagement
  • ICA Congress Partner — Participated in the ICA Congress to advocate for artisanal mining communities.
  • Informa Markets Jewellery Partner — Collaborates with ICA to organize ICA Plus 2026, including the conference and networking events.
  • International Colored Gemstone Association Network — INTERNATIONAL COLORED GEMSTONE is a member of the ICA network.
  • International Colored Gemstone Association Network — Participates in the ICA network to support the global colored gemstone industry.
  • International Colored Gemstone Association (ICA) Partner — Presented at the ICA Congress on the benefits of gemstone tenders for miners.
  • International Colored Stone Association Partner — Leverages relationships within the International Colored Stone Association to support gemstone mining and cutting communities.
  • JNA Partner — Collaborates with ICA and Informa Markets Jewellery to curate the ICA Plus 2026 Conference and provide market intelligence.
  • The World Jewellery Confederation Partner — Collaborates with ICA to develop strategies for improving ethical gemstone trading practices.
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Community Support for Supply Chain Sustainability
    methodology: supply-chain-sustainability-through-community-support
    By aligning industry-wide contributions with UN Sustainable Development Goals and supporting mining and cutting communities, we ensure long-term supply chain sustainability because resilient communities produce more stable and ethical gemstone sources.
  • Convening Stakeholders to Shape Industry Direction
    methodology: stakeholder-convening
    By bringing together stakeholders across the gemstone supply chain through events and forums, we enable collective reflection and coordinated responses to market changes because shared dialogue fosters consensus and forward-looking strategies.
  • Education to Build Sector Integrity and Public Trust
    methodology: education-and-appreciation
    By advancing public knowledge and promoting best practices through educational tools and outreach, we increase consumer confidence and industry goodwill because informed actors make more ethical and sustainable choices.
  • Standardization to Enable Global Trade
    methodology: standardization-and-communication
    By developing common language, consistent standards, and unified nomenclature across the colored gemstone industry, we improve international communication and trade efficiency because shared frameworks reduce friction and build trust between global market participants.