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Diamond Empowerment Fund Inc

Diamonds Do Good

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

EIN: 205967103 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Diamond Empowerment Fund Inc?

Diamond Empowerment Fund Inc, operating under the alias "Diamonds Do Good," is a nonprofit organization based in New York City, specifically at 450 LEXINGTON AVENUE 4TH FL, NY 10017. Their primary mission is to support initiatives that empower youth in diamond-producing nations through access to high-quality education, skill development, and vocational training. This nonprofit aims to uplift communities worldwide by fostering growth and development through various empowering initiatives. With a small team of two dedicated individuals, Diamond Empowerment Fund Inc continues its mission to positively impact the lives of people in diamond-producing communities.


Official website here: www.diamondsdogood.com

Is Diamond Empowerment Fund Inc legitimate?

Diamond Empowerment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Diamond Empowerment Fund Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $167,908
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,809

For more financial information, click here


Official website here: www.diamondsdogood.com

What is the mission statement of Diamond Empowerment Fund Inc?

The Diamond Empowerment Fund Inc's mission is centered around supporting initiatives that aim to develop and empower people in diamond-producing communities worldwide. This organization's primary objective is to provide youth in these nations with access to high-quality education, skill-building, and vocational training. By doing so, it seeks to contribute to their overall development, empowering them to lead fulfilling lives. The Diamond Empowerment Fund Inc's activities are geared towards uplifting these communities, fostering growth and self-sufficiency.


Official website here: www.diamondsdogood.com

Who is the CEO of Diamond Empowerment Fund Inc?

Yancy Smith is the President of Diamond Empowerment Fund Inc.


Official website here: www.diamondsdogood.com

What is the revenue of Diamond Empowerment Fund Inc?

Diamond Empowerment Fund Inc's revenue in 2022 was $612,339.


Official website here: www.diamondsdogood.com

Who are the executives of Diamond Empowerment Fund Inc and what are their salaries?

The average compensation at Diamond Empowerment Fund Inc during 2022 was $115,358. There are 2 employees at Diamond Empowerment Fund Inc.

Here are 34 key members and their salaries:

    Nancy Orem Lyman (Executive Director & V.P.)
  • Compensation: $167,908
  • Related: $0
  • Other: $32,543

    • Anna Martin (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Corey (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yancy Smith (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lita Asscher (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debbie Azar (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Miller Crawford (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Brace (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nathalie Diamantis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Bonaparte (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hasu Dholakiya (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicola Breytenbach-Steiner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Engel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Caryl Capeci (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eddie Le Vian (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christina Gandia Gambale (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Avi Levy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Gerstein (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abhay Javeri (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristie Nicolosi (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Kaplan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Pollak (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Klein (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Prager (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandeep Kothari (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kealeboga Pule (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Catherine Sarr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stellene Volandes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Siegel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Iris Van Der Veken (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elliot Tannenbaum (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcus Ter Haar (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kent Wong Siu-Kee (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Benjamin Chavis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.diamondsdogood.com

    Where can I find the form 990 for Diamond Empowerment Fund Inc?

    The Diamond Empowerment Fund Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.diamondsdogood.com

    Learn more at the official website: www.diamondsdogood.com

    Mission Statement of Diamond Empowerment Fund Inc

    The Diamond Empowerment Fund, an organization committed to making a difference, aims to support initiatives that develop and empower individuals in diamond-producing communities worldwide. Their mission is twofold: firstly, they focus on providing youth in these communities with access to high-quality education. This includes not just formal schooling but also skill-building and vocational training. By equipping these young people with the necessary tools, they can contribute positively to their communities and secure a better future for themselves.

    Secondly, the Diamond Empowerment Fund is dedicated to empowering people in diamond communities globally. Their initiatives strive to uplift these communities, providing them with the resources and opportunities they need to thrive. By supporting these initiatives, the Diamond Empowerment Fund is making a significant impact, helping to create a brighter future for individuals in diamond-producing nations. Their mission is a testament to their commitment to making a difference in the lives of those in need, fostering positive change and development in diamond communities worldwide.

    Impact

    This information is meant to be a general summary of Diamond Empowerment Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Diamond Empowerment Fund Inc's impact can be seen in its support of initiatives that provide youth in diamond-producing nations with access to high-quality education, skill-building, and vocational training. By empowering these young people, the fund is contributing to the development and upliftment of individuals in diamond communities worldwide. This support is crucial in helping to create sustainable opportunities for growth and prosperity in these regions, ultimately leading to a brighter future for those involved.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $833,236

    • Assets and Liabilities:
  • Total Assets: $922,673
  • Total Liabilities: $438,239
  • Net Assets: $484,434
  • Organization Details

    Founding Year

    2006

    Principal Officer

    Yancy Smith

    Main Address

    450 LEXINGTON AVENUE 4TH FL, NEW YORK, NY, 10017

    NTEE Category

    Code: Q33 - International

    If you are a representative of Diamond Empowerment Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.