At-Takaful Islamic Society

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

EIN: 363701681 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is At-Takaful Islamic Society?

At-Takaful Islamic Society, established in Chicago, serves as a hub for religious affairs. Their primary activities involve offering Quranic teachings, facilitating prayer congregations, providing funeral services, and managing zakat collection and distribution. The society's mission is to cater to the spiritual needs of its community, enriching their faith journey and promoting communal bonding.


Is At-Takaful Islamic Society legitimate?

At-Takaful Islamic Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. At-Takaful Islamic Society 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $149,887

For more financial information, click here


What is the mission statement of At-Takaful Islamic Society?
Who is the CEO of At-Takaful Islamic Society?
What is the revenue of At-Takaful Islamic Society?
Who are the executives of At-Takaful Islamic Society and what are their salaries?
Where can I find the form 990 for At-Takaful Islamic Society?

Mission Statement of At-Takaful Islamic Society

At-Takaful Islamic Society, a nonprofit organization, is dedicated to religious affairs. Its primary mission encompasses providing Quranic teaching, facilitating prayer congregations, managing funeral services, and overseeing zakat collection and distribution. This religious organization offers a range of services aimed at fulfilling the spiritual needs of its community. Through Quranic teaching, individuals can deepen their understanding of Islamic principles and values. Prayer congregations provide a communal space for worship and fellowship. Funeral services ensure that the deceased are accorded respectful and dignified send-offs, while zakat collection and distribution help distribute wealth equitably within the community, in accordance with Islamic teachings.

Impact

This information is meant to be a general summary of At-Takaful Islamic Society. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

At-Takaful Islamic Society in Chicago has had a significant impact on the Muslim community by providing essential religious services. Their Quranic teaching programs have helped many individuals deepen their knowledge and understanding of the holy book. The society's prayer congregation activities have fostered a sense of unity and community among worshippers. Additionally, their funeral services have offered comfort and support to families during times of grief. The zakat collection and distribution initiatives have enabled the community to fulfill their religious obligations and support those in need. Overall, At-Takaful Islamic Society plays a crucial role in nurturing the spiritual well-being of Muslims in Chicago.





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: $2,841
  • Program Service Revenue: $0
  • Gross Receipts: $725,033

    • Assets and Liabilities:
  • Total Assets: $3,763,967
  • Total Liabilities: $272,068
  • Net Assets: $3,491,899
  • Organization Details

    Founding Year

    1990

    Principal Officer

    Masood Ali

    Main Address

    5933 N LINCOLN AVE, CHICAGO, IL, 60659

    NTEE Category

    Code: X40 - Religion related

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