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NEW YORK GEMSTONE ASSOCIATION INC
NEW YORK, NY · EIN 205339159 · Form 990 · FY2023 · Micro (<$100K)
revenue
$14K
expenses
$1K
net assets
$113K
employees
0
program ratio
0%
mission · from form 990

ESTABLISHED IN 2007, COMPRISED OF SOME OF THE MOST PROMINENT IMPORTERS, MANUFACTURERS AND DEALERS OF COLORED GEMSTONES IN THE NEW YORK METRO AREA. THE ORGANIZATION IS STRICTLY FOR WHOLESALE DEALERS AND MANUFACTURERS. THIS ALLOWS FOR AN OPEN FORUM FOR SHARING INFORMATION ON NEW AREAS OF SUPPLY, GEMSTONE ENHANCEMENTS AND OTHER DEVELOPMENTS THAT AFFECT THE GEMSTONE TRADE. FURTHER, WE WORK TO INCREASE BENEFITS FOR OUR MEMBERS USING OUR WORLDWIDE CONTACTS IN THE AREAS OF SHIPPING, SECURITY AND INSURANCE.

profile · synthesized from sources

Trade association established in 2007 for wholesale dealers and manufacturers of colored gemstones in the New York metro area. Provides a forum for sharing information on supply sources, gemstone enhancements, and trade developments. Leverages worldwide contacts to support members in shipping, security, and insurance.

named programs · 2 · from sources

What they call their work

Industry Information Forum
Regular meetings and communications enabling members to share intelligence on new gemstone supply sources, treatments, and market developments
Member Benefits Network
Facilitates access to enhanced services in shipping, security, and insurance through the organization's worldwide contacts
activities · 2 groups

What they do

  • Trade and Logistics Support Services 1 activity
    • Enhancing member access to business services through collective resources
      Supports members by leveraging worldwide contacts to improve access to shipping, security, and insurance services.
  • Jewelry and Gemstone Industry Advancement 1 activity
    • Facilitating industry information exchange among gemstone professionals
      Provides a forum for wholesale gemstone dealers and manufacturers to share information on supply, gemstone enhancements, and trade developments.
financials · form 990 · fy2023
revenue
Total revenue$14K
Contributions & grants$9K67%
Program service revenue$00%
Investment income$5K33%
Other revenue$0
expenses
Total expenses$1K
Program expenses0%
Admin / overhead100%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$123K
Cash$123K
Investments$0
Liabilities$10K
Net assets$113K
Liquid reserves1041.1 mo
4 years on record · 2020–2023 · YoY revenue +54.8%
leadership · form 990 part vii · fy2023

Who runs it

board members · 4
  • ADAM J GIL — TREASURER
  • AFSHIN HAKIMIAN — PRESIDENT
  • EDWIN LIVIAN — SECRETARY
  • SAM SULIMANOV — VICE PRESIDENT
relationships · 1

Who they work with

  • NEW YORK GEMSTONE ASSOCIATION INC Network — Wholesale gemstone dealers and manufacturers organization based in the New York metro area
strategies · 1

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.

  • Trade Association Model
    methodology: trade_association_model
    By restricting membership to wholesale dealers and manufacturers, the organization fosters a trusted environment for industry-specific information sharing, which strengthens collective advocacy and infrastructure development because shared professional interests reduce competitive sensitivities and increase willingness to collaborate.