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Nonprofit · EIN 43-1291177

DIAMOND COUNCIL OF AMERICA

Tax-exempt · NEW YORK, NY 10271

Financials

$547K$489K2023$637K$486K2024
Revenue Expenses · by fiscal year end
Financials of DIAMOND COUNCIL OF AMERICA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$637,414$486,425$150,989$795,173$233,662$561,511
December 31, 2023990$546,976$488,671$58,305$545,889$141,855$404,034
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$7,125
Program service revenue
$615,896
Investment income
$14,218
Net gain from sales of assets
$4,446
Other revenue
$175

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$90,988
Other salaries and wages
$53,248
Salaries, compensation and benefits (total)
$174,033
Professional fundraising fees
$0
Accounting fees
$30,556
Travel
$28,580
Depreciation
$1,880
Program services (functional)
$287,027
Management and general (functional)
$199,398

Balance sheet and other

Total assets, start of year
$545,889
Total assets, end of year
$795,173
Total liabilities, end of year
$233,662
Net assets, end of year
$561,511
Publicly traded securities
$201,127
Net assets without donor restrictions
$561,511
Gross receipts
$727,035
Employees
2
Volunteers
10
Year formed
1948
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID BONAPARTEVICE CHAIRMAN
Trustee or director, Officer
4$0$625,072$96,220
TERRY W CHANDLERPRESIDENT & CEO
Officer
40$90,989$0$8,652
CHUCK KUBACHAIRMAN
Trustee or director, Officer
4$0$0$0
BILL LUTHVICE CHAIRMAN
Trustee or director, Officer
4$0$0$0
DAN CASANOVASECRETARY/TREASURER
Trustee or director, Officer
4$0$0$0
STEVEN VELASQUEZPAST CHAIRMAN
Trustee or director, Officer
4$0$0$0
KATE PETERSONDIRECTOR
Trustee or director
4$0$0$0
BUD FLUTYDIRECTOR
Trustee or director
4$0$0$0
JENNIFER HAMMONDDIRECTOR
Trustee or director
4$0$0$0
JULIE KEENEYDIRECTOR
Trustee or director
4$0$0$0
JOE COREYDIRECTOR
Trustee or director
4$0$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID BONAPARTEVICE CHAIRMAN
Trustee or director, Officer
4$0$563,998$89,278
TERRY W CHANDLERPRESIDENT & CEO
Officer
40$90,803$0$10,103
CHUCK KUBACHAIRMAN
Trustee or director, Officer
4$0$0$0
BILL LUTHVICE CHAIRMAN
Trustee or director, Officer
4$0$0$0
DAN CASANOVASECRETARY/TREASURER
Trustee or director, Officer
4$0$0$0
STEVEN VELASQUEZPAST CHAIRMAN
Trustee or director, Officer
4$0$0$0
KATE PETERSONDIRECTOR
Trustee or director
4$0$0$0
BUD FLUTYDIRECTOR
Trustee or director
4$0$0$0
JENNIFER HAMMONDDIRECTOR
Trustee or director
4$0$0$0
JULIE KEENEYDIRECTOR
Trustee or director
4$0$0$0

Address and contacts

Address (IRS master file)
120 BROADWAY 2028, NEW YORK, NY 10271-0002
Principal officer (990 for 2024)
TERRY CHANDLER, 120 BROADWAY 2028, NEW YORK, NY 10271
Signed the 990
ANNIE E DORESCA, EXECUTIVE VICE PRESIDENT
Phone
(646) 658-5814
Return prepared by
TRIMNERBECKHAM PLLC

Mission

THE MISSION OF DIAMOND COUNCIL OF AMERICA (DCA) IS TO PROVIDE QUALITY, AFFORDABLE DISTANCE EDUCATION TO ENHANCE THE ABILITY OF OUR MEMBERS' ASSOCIATES TO SELL FINE JEWELRY WITH EXPERTISE, INTEGRITY, AND PROFESSIONALISM AND TO FUEL THE PASSION OF ALL THOSE LOOKING TO LEARN ABOUT OUR INDUSTRY.

990 for the year ended December 31, 2024

Program accomplishments

  • DCA EDUCATIONAL COURSES:EDUCATIONAL COURSES FOR MEMBERS OF THE COUNCIL CONCERNING DIAMONTOLOGY AND GEMOLOGY. THE COURSES HELP CONVEY EXACTLY WHAT THE OBJECTIVE FACTORS SUCH AS THE 4CS MEAN IN PERSONAL TERMS LIKE BEAUTY, EMOTION, QUALITY, SYMBOLISM, AND VALUE. FOR MORE THAN SIXTY YEARS, THE DCA'S EDUCATIONAL COURSES HAVE TAUGHT STUDENTS HOW TO ACHIEVE THIS COMPLEX AND CRITICAL COMBINATION, THUS ENABLING THEM TO REACH HIGHER LEVELS IN THEIR CAREERS.
    Expenses $227,092 · revenue $517,426
  • MEMBERSHIP:MEMBERSHIP IN DCA IS A CONTINUOUS, LONG-TERM INVESTMENT IN JEWELRY EDUCATION AND PROFESSIONALISM, MEANINGFUL INDUSTRY AND CONSUMER IDENTITY AND ADVANCEMENT THROUGH KNOWLEDGE.
    Expenses $59,935 · revenue $98,470

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
43-1291177
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$795,173
Income (IRS master file)
$727,035

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$637,414$486,425$795,173IRS
990December 2023$546,976$488,671$545,889XML
990December 2022$521,163$473,280$456,213IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 43-1291177).

Questions about DIAMOND COUNCIL OF AMERICA

What is the EIN of DIAMOND COUNCIL OF AMERICA?
The employer identification number (EIN) of DIAMOND COUNCIL OF AMERICA is 43-1291177.
Is DIAMOND COUNCIL OF AMERICA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to DIAMOND COUNCIL OF AMERICA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DIAMOND COUNCIL OF AMERICA 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 DIAMOND COUNCIL OF AMERICA 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 DIAMOND COUNCIL OF AMERICA 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 DIAMOND COUNCIL OF AMERICA?
The 990 for the year ended December 31, 2024 names TERRY CHANDLER.
Who are the officers and directors of DIAMOND COUNCIL OF AMERICA?
The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization.
How much revenue does DIAMOND COUNCIL OF AMERICA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $637,414, expenses of $486,425 and total assets of $795,173 at year end.

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