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Bosnian Educational And Cultural Center Of America

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

EIN: 460512970 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Bosnian Educational And Cultural Center Of America?

The Bosnian Educational and Cultural Center of America, situated in Chicago, Illinois, serves as a sanctuary for individuals adhering to the Islamic faith. With a dedicated team of one employee, the center offers daily prayer services, fostering a sense of spiritual unity among its members. Additionally, the center caters to the younger generation through Sunday school programs, ensuring the preservation and transmission of cultural values. In times of loss, the center extends its support by providing funeral services for its members. Beyond religious affairs, the center functions as a hub for cultural preservation and education, fostering a sense of community among Bosnians living in the area.


Official website here: www.dzematwestern.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 39% (Zero-Star out of Four Star Rating)

The Bosnian Educational and Cultural Center of America has received a low rating of 39%, indicating significant concerns regarding its accountability and financial practices. The score reflects the absence of independent board members, with 0% reported, which raises questions about governance and oversight. Additionally, the charity has not provided financial statements, which is a critical aspect of transparency.

Despite these shortcomings, the organization does maintain some positive attributes, such as having a whistleblower policy and a conflict of interest policy in place. Furthermore, the center has demonstrated good management of its assets, as indicated by a 0.00% liabilities-to-assets ratio, suggesting that it is not over-leveraged financially. The program expense ratio stands at 51.88%, which shows that just over half of its expenses are directed towards program services, a point that may be viewed as a positive sign in terms of its operational focus.

However, the missing policies related to document retention and whistleblowing, alongside the lack of financial statements, highlight critical areas for improvement. Overall, the Bosnian Educational and Cultural Center of America has substantial governance and transparency deficiencies that potential donors should consider when evaluating their support.


This AI summary has been generated from information found on Charity Navigator.

Is Bosnian Educational And Cultural Center Of America legitimate?

Bosnian Educational And Cultural Center Of America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bosnian Educational And Cultural Center Of America 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $47,231
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.dzematwestern.com/

What is the mission statement of Bosnian Educational And Cultural Center Of America?

The Bosnian Educational and Cultural Center of America is primarily organized to cater to individuals of the Islamic faith, serving as a place of worship for them. This center offers daily prayer services for Bosnian-Americans who adhere to this faith. Furthermore, it provides a Sunday school program for its youth members, fostering their religious education. In addition to these religious activities, the center also conducts funeral services for its members, offering support during their mourning period.


Official website here: www.dzematwestern.com/

Who is the CEO of Bosnian Educational And Cultural Center Of America?

Faruk Daudbasic is the Mesic of Bosnian Educational And Cultural Center Of America.


Official website here: www.dzematwestern.com/

What is the revenue of Bosnian Educational And Cultural Center Of America?

Bosnian Educational And Cultural Center Of America's revenue in 2022 was $831,331.


Official website here: www.dzematwestern.com/

Who are the executives of Bosnian Educational And Cultural Center Of America and what are their salaries?

The average compensation at Bosnian Educational And Cultural Center Of America during 2022 was $47,231. There is 1 employee and 5 volunteers at Bosnian Educational And Cultural Center Of America.


Here are 2 key members and their salaries:


Muriz (Mesic)
  • Compensation: $35,346
  • Related: $0
  • Other: $0
Adis (Sultanovic)
  • Compensation: $11,885
  • Related: $0
  • Other: $0


Official website here: www.dzematwestern.com/

Where can I find the form 990 for Bosnian Educational And Cultural Center Of America?

Bosnian Educational And Cultural Center Of America's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.dzematwestern.com/

Learn more at the official website: www.dzematwestern.com/

Mission Statement of Bosnian Educational And Cultural Center Of America

The Bosnian Educational and Cultural Center of America is established to serve as a place of worship for individuals of the Islamic faith. Its mission is centered around providing daily prayer services for Bosnian-American community members who adhere to this faith. Additionally, the center offers Sunday school programs for its youth members, ensuring the continuity of religious education and cultural preservation. Furthermore, the center extends its services to facilitate funeral arrangements for its members, offering support during times of mourning.

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Impact




July, 2024

The Bosnian Educational And Cultural Center Of America in Chicago, IL, has had a significant impact on the Bosnian-American community by providing a place of worship and cultural connection for those of the Islamic faith. Through daily prayer services, Sunday school for youth members, and funeral services, the center plays a vital role in preserving cultural and religious traditions among Bosnian-Americans. By serving as a hub for community gatherings and religious activities, the center fosters a sense of belonging and unity among its members. Overall, the center's dedication to meeting the spiritual and cultural needs of the Bosnian-American community highlights its important impact on individuals' lives and the broader community.




This information is meant to be a general summary of Bosnian Educational And Cultural Center Of America. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$831,331 (2022)
Expenses
$757,806 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $831,331

Assets and Liabilities:

  • Total Assets: $2,436,990
  • Total Liabilities: $0
  • Net Assets: $2,436,990

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Organization Details

Founding Year

2008

Principal Officer

Faruk Daudbasic

Main Address

7022 N WESTERN AVE, CHICAGO, IL, 60645

NTEE Category

Code: X40 - Religion related

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