At-Takaful Islamic Society

Organization Overview

At-Takaful Islamic Society is located in Chicago, IL. The organization was established in 1992. According to its NTEE Classification (X40) the organization is classified as: Islam, under the broad grouping of Religion-Related and related organizations. As of 12/2020, At-Takaful Islamic Society employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. At-Takaful Islamic Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, At-Takaful Islamic Society generated $849.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $889.6k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

RELIGIOUS AFFAIRS

Describe the Organization's Program Activity:

Part 3 - Line 4a

TEACHING OF HOLY QU'RAN, READING AND MEMO RIZING OF QU'RAN REGULAR AND FRIDAY CONGREGATION OF PRAYERS, FUNERAL SERVICES, COLLECTION AND DISTRIBUTION OF ZAKAT ETC.


TEACHING OF HOLY QU'RAN, READING AND MEMO RIZING OF QU'RAN REGULAR AND FRIDAY CONGREGATION OF PRAYERS, FUNERAL SERVICES, COLLECTION AND DISTRIBUTION OF ZAKAT ETC.


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Board, Officers & Key Employees

Name (title)Compensation
Mohammed A Hai
Director
$0
Mahboob Ali Warisi
Secretary
$0
Masood Ali
President
$0
Syed A Rahman
Treasurer
$0
Mazher Shah Khan
Director
$0
Mohammed A Abushalbak
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$849,292
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$849,292
Total Program Service Revenue$0
Investment income $619
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $849,911

Grants Recieved

Over the last fiscal year, we have identified 1 grants that At-Takaful Islamic Society has recieved totaling $5.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

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