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Ijara Community Development Corporation

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

EIN: 464609316 ✦ Ann arbor, MI ✦ Designated as a 501(c)(3)

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Overview

What is Ijara Community Development Corporation?

Ijara Community Development Corporation is a nonprofit organization situated in Ann Arbor, Michigan. Their primary mission is to address the challenges faced by Islamic families in homeownership. They achieve this mission by conducting educational forums, offering Sharia financial counseling, and implementing the Ijara Home Purchase Program and Ijara Sharia Mortgage Education. These programs cater to Sharia-compliant financially underserved Islamic communities, economically challenged individuals, and communities that fall under Ijara's charitable purposes. The organization also provides essential information about real estate, housing, and the purchase process through their educational forums, helping their members navigate the process effectively.


Official website here: www.ijaracdc.com

Is Ijara Community Development Corporation legitimate?

Ijara Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ijara Community Development Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ijaracdc.com

What is the mission statement of Ijara Community Development Corporation?

The Ijara Community Development Corporation's mission is centered around addressing the challenges faced by Islamic families in homeownership. They accomplish this mission through various programs, including educational forums, Sharia financial counseling, the Ijara Home Purchase Program, and Ijara Sharia Mortgage Education. These initiatives are designed to cater to Sharia-compliant financially underserved Islamic communities, economically challenged individuals and communities, and other communities that fall under the charitable purposes for which the corporation is established and authorized to serve.


Official website here: www.ijaracdc.com

Who is the CEO of Ijara Community Development Corporation?

Shoaib M Sharieff is the Vice Preside of Ijara Community Development Corporation.


Official website here: www.ijaracdc.com

What is the revenue of Ijara Community Development Corporation?

Ijara Community Development Corporation's revenue in 2022 was $279,251.


Official website here: www.ijaracdc.com

Who are the executives of Ijara Community Development Corporation and what are their salaries?


Here are 3 key members and their salaries:


Gemala Afifi (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abraham Rizqalla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shoaib M Sharieff (President/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ijaracdc.com

Where can I find the form 990 for Ijara Community Development Corporation?

Ijara Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ijaracdc.com

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

Mission Statement of Ijara Community Development Corporation

Ijara Community Development Corporation, through its Sharia Homeowner Learning Institute (ISHLI), is committed to addressing the challenges faced by Islamic families in homeownership. The organization accomplishes its mission by implementing educational forums, providing Sharia financial counseling, and offering the Ijara Home Purchase Program and Ijara Sharia Mortgage Education. These initiatives cater to Sharia-compliant financially underserved Islamic communities, economically challenged individuals, and other communities that fall under the charitable purposes for which Ijara is established and authorized to serve. The aim is to empower these communities by addressing their unique homeownership needs.

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Impact




October, 2024

Ijara Community Development Corporation significantly impacts the lives of Islamic families facing challenges in homeownership. Through the Ijara Sharia Homeowner Learning Institute (ISHLI), it addresses these challenges by offering educational forums that educate members on real estate, housing, and the home buying process. This foundational knowledge empowers participants to navigate the complexities of homeownership with confidence.

Moreover, Ijara provides Sharia financial counseling, ensuring that families can make informed financial decisions that comply with their beliefs. The Ijara home purchase program and Sharia mortgage education further facilitate access to housing for those in financially underserved communities, fostering economic stability among the target demographic.

By focusing on the specific needs of Sharia-compliant Islamic communities, as well as economically challenged individuals, Ijara plays a vital role in enhancing community improvement, promoting financial literacy, and ultimately helping families achieve their dream of homeownership. The comprehensive approach exemplifies the organization's commitment to supporting sustainable economic growth within these communities in Ann Arbor, MI, and beyond.




This information is meant to be a general summary of Ijara Community Development Corporation. 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
$279,251 (2022)
Expenses
$308,451 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $256,947
  • Gross Receipts: $279,251

Assets and Liabilities:

  • Total Assets: $88,810
  • Total Liabilities: $67,333
  • Net Assets: $21,477

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Programs

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

PROGRAM INCOME:TRUST REVIEW/C

Revenue

$255,447

PROGRAM INCOME:PROGRAM SERVIC

Revenue

$1,500

Organization Details

Founding Year

2014

Principal Officer

Shoaib M Sharieff

Main Address

2531 JACKSON AVE BOX 331, ANN ARBOR, MI, 48103

NTEE Category

Code: S20 - Community improvement

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