Nonprofit · EIN 13-3067918
AMERICAN GEM TRADE ASSOCIATION INC
Tax-exempt · DALLAS, TX 75234
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,832,621 | $5,671,623 | $160,998 | $5,527,688 | $4,571,065 | $956,623 |
| December 31, 2023 | 990 | $5,345,603 | $5,455,733 | -$110,130 | $5,815,804 | $5,020,179 | $795,625 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $62,000
- Program service revenue
- $5,600,158
- Investment income
- $137,749
- Other revenue
- $32,714
Expenses
- Grants and similar amounts paid
- $34,350
- Compensation of officers, directors and key employees
- $257,318
- Other salaries and wages
- $544,929
- Salaries, compensation and benefits (total)
- $960,296
- Professional fundraising fees
- $0
- Legal fees
- $167,399
- Accounting fees
- $63,130
- Occupancy
- $86,583
- Travel
- $82,992
- Depreciation
- $8,919
Balance sheet and other
- Total assets, start of year
- $5,815,804
- Total assets, end of year
- $5,527,688
- Total liabilities, end of year
- $4,571,065
- Net assets, end of year
- $956,623
- Land, buildings and equipment
- $119,605
- Publicly traded securities
- $3,110,962
- Net assets without donor restrictions
- $956,623
- Gross unrelated business income
- $282,508
- Gross receipts
- $5,832,621
- Employees
- 9
- Volunteers
- 16
- Year formed
- 1981
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN W FORD SR | CEO Officer | 40 | $242,825 | $14,493 |
| KIMBERLY A PETERSEN | DIR TRADE SH Highest-paid employee | 40 | $116,461 | $0 |
| KIMBERLY COLLINS | PRESIDENT Officer | 1 | $0 | $0 |
| ANN BARKER | TREAS/DIRECT Trustee or director, Officer | 1 | $0 | $0 |
| ROHAN AGRAWAL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN BRADSHAW | DIRECTOR/SEC Trustee or director, Officer | 1 | $0 | $0 |
| JAIMEEN SHAH | DIRECTOR/2ND Trustee or director, Officer | 1 | $0 | $0 |
| DUDLEY BLAUWET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATTHEW HOPKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIC YEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RUBEN BINDRA | PAST PRES Officer | 1 | $0 | $0 |
| BRUCE BRIDGES | 1ST VP/DIREC Trustee or director, Officer | 1 | $0 | $0 |
| MALINDA DANIEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JONATHAN J GAD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAVI JAJOO | DIRECTOR Trustee or director | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ESHVAR KOTAHWALA | DIRECTOR Trustee or director | 1 | $0 |
| CYNTHIA RENEE MARCUSSON | DIRECTOR Trustee or director | 1 | $0 |
| RON RAHMANAN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN W FORD SR | CEO Officer | 40 | $231,219 | $15,997 |
| KIMBERLY A PETERSEN | DIR TRADE SH Highest-paid employee | 40 | $103,847 | $16,722 |
| JOAN ALLEN | CFO THROUGH Officer | 40 | $106,875 | $6,920 |
| KIMBERLY COLLINS | PRESIDENT Officer | 1 | $0 | $0 |
| ANN BARKER | TREAS/DIRECT Trustee or director, Officer | 1 | $0 | $0 |
| ROHAN AGRAWAL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN BRADSHAW | DIRECTOR/SEC Trustee or director, Officer | 1 | $0 | $0 |
| JAIMEEN SHAH | DIRECTOR/2ND Trustee or director, Officer | 1 | $0 | $0 |
| DUDLEY BLAUWET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATTHEW HOPKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIC YEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RUBEN BINDRA | PAST PRES Officer | 1 | $0 | $0 |
| BRUCE BRIDGES | 1ST VP/DIREC Trustee or director, Officer | 1 | $0 | $0 |
| MALINDA DANIEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JONATHAN J GAD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAVI JAJOO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ESHVAR KOTAHWALA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CYNTHIA RENEE MARCUSSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RON RAHMANAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3030 LBJ FREEWAY STE 840, DALLAS, TX 75234-2706
- Principal officer (990 for 2024)
- JOHN W FORD SR, 3030 LBJ FREEWAY SUITE 840, DALLAS, TX 75234
- Signed the 990
- JOHN W FORD SR, CEO
- Phone
- (214) 742-4367
- Website
- WWW.AGTA.ORG
- Return prepared by
- SOMMERVILLE & ASSOCIATES PC
Mission
THE AMERICAN GEM TRADE ASSOCIATION (AGTA) IS AN ASSOCIATION OF UNITED STATES AND CANADIAN TRADE PROFESSIONALS DEDICATED TO PROMOTING THE LONG TERM STABILITY AND INTEGRITY OF THE NATURAL COLORED GEMSTONE AND CULTERED PEARL INDUSTRIES. THE ASSOCIATION PURSUES ITS GOALS THROUGH THE COMBINED USE OF EDUCATIONAL PROGRAMS, PUBLICITY, INDUSTRY EVENTS, GOVERNMENT AND INDUSTRY RELATIONS, AND PRINTED MATERIALS FOR BOTH THE TRADE AND CONSUMER. THE AGTA IS WELL-KNOWN IN THE GEMSTONE AND JEWELERY INDUSTRIES FOR MAINTAINING THE HIGHEST ETHICAL STANDARDS AND IS RECOGNIZED AS THE AUTHORITATIVE SOURCE ON NATURAL COLORED GEMSTONES AND CULTERED PEARLS.
Program accomplishments
- AMERICAN GEM TRADE ASSOCIATION HOSTS MORE THAN A 1,000 MEMBERS COMMITTED TO ENHANCING AND PROTECTING ALL ASPECTS OF THE COLORED GEM STONE AND CULTURED PEARL INDUSTRY. THE ASSOCIATION LEADS THE INDUSTRY IN THE DEVELOPMENT AND MAINTENANCE OF STANDARDS OF DISCLOSURE, TRANSPARENCY AND ETHICAL PRACTICES. TO PROMOTE THE INDUSTRY, IN 2024 IT PRODUCED TWO TRADE SHOWS IN ADDITION TO HOSTING THE SPECTRUM AWARDS. THE SPECTRUM AWARDS IS THE BENCHMARK FOR DESIGN EXCELLENCE IN THE WORLD OF COLORED GEMSTONES AND CULTURED PEARLS WHERE WINNERS SET THE STANDARDS FOR BEAUTY AND INNOVATION, LAUNCH TRENDS AND EARN WORLD WIDE RECOGNITION. EACH WEEK AN "E" NEWSLETTER IS DISTRIBUTED IN ADDITION TO A PRINT PUBLICATION PRODUCED THREE TIMES DURING 2024 FEATURING ARTICLES RELATED TO THE GEM INDUSTRY AND SHOWCASING THE WINNERS IN THE ANNUAL SPECTRUM AWARDS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3067918
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $5,527,688
- Income (IRS master file)
- $5,832,621
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,832,621 | $5,671,623 | $5,527,688 | XML |
| 990 | December 2023 | $5,345,603 | $5,455,733 | $5,815,804 | XML |
| 990 | December 2022 | $3,472,269 | $3,254,692 | $4,984,201 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3067918).
Questions about AMERICAN GEM TRADE ASSOCIATION INC
- What is the EIN of AMERICAN GEM TRADE ASSOCIATION INC?
- The employer identification number (EIN) of AMERICAN GEM TRADE ASSOCIATION INC is 13-3067918.
- Is AMERICAN GEM TRADE ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1988.
- Are donations to AMERICAN GEM TRADE ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does AMERICAN GEM TRADE ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AMERICAN GEM TRADE ASSOCIATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN GEM TRADE ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of AMERICAN GEM TRADE ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names JOHN W FORD SR.
- Who are the officers and directors of AMERICAN GEM TRADE ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 18 people; 2 received compensation from the organization, the highest $242,825 (JOHN W FORD SR, CEO).
- How much revenue does AMERICAN GEM TRADE ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,832,621, expenses of $5,671,623 and total assets of $5,527,688 at year end.
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