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Oakland Business Association

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

EIN: 943149508 ✦ Oakland, CA ✦ Designated as a 501(c)(6)

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Overview

What is Oakland Business Association?

The Oakland Business Association is a nonprofit organization, specifically catering to Muslim business owners in Oakland, California. Their primary objective is to ensure a clean and secure space for daily prayer and worship within the community. This association, known as the Oakland Islamic Business League, also operates a Masjid (a place of Muslim worship). Their purpose is to offer a sanctuary where business owners can practice their faith comfortably and safely.

Is Oakland Business Association legitimate?

Oakland Business Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Oakland Business Association submitted a form 990EZ, 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.

What is the mission statement of Oakland Business Association?

The Oakland Business Association's mission is centered around fostering a clean and secure setting for the daily religious practices of business entrepreneurs identifying as Muslim. This association strives to ensure a sanctified environment for their worship. Additionally, the Oakland Islamic Business League is involved in this mission, as is the Masjid, which is a place of worship. The primary goal is to create an environment conducive to daily prayer and worship for Muslim business owners.

Who is the CEO of Oakland Business Association?

Ali A Obad is the Ceo of Oakland Business Association. The CEO's salary of Oakland Business Association is $0 and their total compensation is $0.

What is the revenue of Oakland Business Association?

Oakland Business Association's revenue in 2020 was $1,225.

Who are the executives of Oakland Business Association and what are their salaries?


There is 1 key member and their salary:


Ali A Obad (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Oakland Business Association?

Oakland Business Association's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Oakland Business Association

The Oakland Business Association, as depicted, is committed to establishing a conducive environment for Muslim business owners in Oakland, California. Their primary mission revolves around promoting and ensuring a clean and safe space where these entrepreneurs can engage in daily prayer and worship. This association, known as the Oakland Islamic Business League, also operates a Masjid, which serves as a central location for these religious activities. The objective is to provide a sanctuary that caters to the spiritual needs of these business owners, thereby fostering a harmonious balance between their professional and religious lives.

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Impact




October, 2024

The Oakland Business Association plays a vital role in fostering a supportive and safe environment for Muslim business owners in Oakland, California. By promoting a clean and secure space for daily prayer and worship, it enhances the sense of community among local entrepreneurs. This initiative not only nurtures spiritual well-being but also encourages collaboration among business owners, facilitating networking opportunities and shared resources.

Additionally, the association’s commitment to community improvement contributes to overall economic development in the area. By focusing on the needs of its members, it helps to create a welcoming environment that attracts customers and strengthens the local economy. The presence of a dedicated Islamic business league further assists in maintaining cultural values and support systems, which are essential for the growth and sustainability of businesses within the community. Overall, the Oakland Business Association has a profound impact on both individual members and the broader Oakland community, promoting both economic vitality and social cohesion.




This information is meant to be a general summary of Oakland Business Association. 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
$1,225 (2020)
Expenses
$42,364 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $1,225

Assets and Liabilities:

  • Total Assets: $58,661
  • Total Liabilities: $0
  • Net Assets: $58,661

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Organization Details

Principal Officer

Ali A Obad

Main Address

5800 BANCROFT AVE, OAKLAND, CA, 94605

NTEE Category

Code: S41 - Community improvement

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