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Arab Gulf Programme For Development

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

EIN: 522340908 ✦ New york, NY ✦ Designated as a 501(c)(4)

Overview

What is Arab Gulf Programme For Development?

The Arab Gulf Programme for Development is a nonprofit organization dedicated to alleviating poverty and supporting marginalized communities in Arab countries. It primarily achieves this through its collaboration with microfinance banks. Women, youth, and rural communities are prioritized in its efforts to make a difference. Furthermore, it has established the Arab Open University in partnership with the British Open University to expand access to advanced education for a substantial number of Arabs.


Official website here: www.agfund.org

Is Arab Gulf Programme For Development legitimate?

Arab Gulf Programme For Development is a legitimate nonprofit organization registered as a 501(c)(4) entity. Arab Gulf Programme For Development 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $885,221
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,458,572

For more financial information, click here


Official website here: www.agfund.org

What is the mission statement of Arab Gulf Programme For Development?

The Arab Gulf Programme for Development works to alleviate poverty and aid marginalized communities in Arab countries, with a focus on women, youth, and rural areas. This organization supports microfinance banks to extend financial assistance and opportunities. In addition, it established and backs the Arab Open University in collaboration with the British Open University, providing advanced education to a significant Arab population.


Official website here: www.agfund.org

Who is the CEO of Arab Gulf Programme For Development?

Nasser Al Kahtani is the Exec. Director/Board Member of Arab Gulf Programme For Development.


Official website here: www.agfund.org

What is the revenue of Arab Gulf Programme For Development?

Arab Gulf Programme For Development's revenue in 2022 was $63,016,234.


Official website here: www.agfund.org

Who are the executives of Arab Gulf Programme For Development and what are their salaries?

Here are 16 key members and their salaries:

    Nasser Al Kahtani (Exec. Director/Board Member)
  • Compensation: $604,300
  • Related: $0
  • Other: $0

    • Abdulatif Al Duwaihi (Media Director)
  • Compensation: $248,067
  • Related: $0
  • Other: $0

    • Zeina Ahmed Safa (Asset Mgmt Unite Director)
  • Compensation: $174,850
  • Related: $0
  • Other: $0

    • Muhammed Al Salim (Project Director)
  • Compensation: $172,871
  • Related: $0
  • Other: $0

    • Monirah Al Otaibi (Finance & Admin Dept. Director)
  • Compensation: $164,921
  • Related: $0
  • Other: $0

    • Dareen Mahrous (It Director)
  • Compensation: $163,176
  • Related: $0
  • Other: $0

    • Salah Hassan Abdullah (Internal Audit Director)
  • Compensation: $121,380
  • Related: $0
  • Other: $0

    • Nawaf Hashim Abdullatif Al Sadeh (Board Member) [Trustee/Director]
  • Compensation: $27,000
  • Related: $0
  • Other: $0

    • Mohammed Ahmed Al-Mahroqi (Board Member) [Trustee/Director]
  • Compensation: $27,000
  • Related: $0
  • Other: $0

    • Mohsen Saleh Albahli (Board Member) [Trustee/Director]
  • Compensation: $20,000
  • Related: $0
  • Other: $0

    • Ghazi A A E A Almutawa (Board Member) [Trustee/Director]
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Khalil Almansouri (Board Member Until 4/22) [Trustee/Director]
  • Compensation: $15,000
  • Related: $0
  • Other: $0

    • Khalifa Abdulla A M Alqubaisi (Board Member As Of 5/22) [Trustee/Director]
  • Compensation: $9,000
  • Related: $0
  • Other: $0

    • Abdulaziz Alrasheed (Board Member Until 12/22) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Prince Abdulaziz Bin Talal Bin (President/Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abdulmuhsen Saad A Alkhalaf (Board Member As Of 12/22) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.agfund.org

    Where can I find the form 990 for Arab Gulf Programme For Development?

    The Arab Gulf Programme For Development’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.agfund.org

    Learn more at the official website: www.agfund.org

    Mission Statement of Arab Gulf Programme For Development

    The Arab Gulf Programme for Development, a leading nonprofit organization, is committed to supporting the economic development of Arab countries by aiding microfinance banks. This initiative aims to alleviate poverty and assist marginalized communities, especially women, youth, and rural populations. By empowering these segments, the organization contributes to creating sustainable livelihoods and fostering self-reliance. In addition, Arab Gulf Programme for Development has established and continues to support the Arab Open University, in collaboration with the British Open University. This partnership enables a vast number of Arabs to access advanced higher education opportunities, enhancing their skills and knowledge to contribute towards their communities' progress.

    Impact

    This information is meant to be a general summary of Arab Gulf Programme For Development. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Arab Gulf Programme for Development has a significant impact on combating poverty and assisting marginalized segments in Arab countries, particularly women, youth, and rural communities. Through supporting microfinance banks, the organization helps create economic opportunities and empower individuals to improve their livelihoods. Additionally, the program's partnership with the Arab Open University provides higher education opportunities to a large number of Arabs, contributing to the development of human capital in the region. Overall, the Arab Gulf Programme for Development plays a crucial role in promoting sustainable development and empowerment in Arab countries.





    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: $23,473,759
  • Program Service Revenue: $4,000,000
  • Gross Receipts: $212,462,503

    • Assets and Liabilities:
  • Total Assets: $779,649,865
  • Total Liabilities: $14,959,003
  • Net Assets: $764,690,862
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MEMBER COUNTRY COMMITMENTS

    Revenue

    $4,000,000

    Organization Details

    Founding Year

    1981

    Principal Officer

    Nasser Al Kahtani

    Main Address

    C/O WOHABE LAW 515 MADISON AVE, NEW YORK, NY, 10022

    NTEE Category

    Code: Q33 - International

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