2024-11-15T16:32:29-06:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2023-01-01 842554720 TAKREEM USA INC TAKR 6468252126 8 THE GREEN A DOVER DE 19901 SOURAYA EID TREASURER 6468252126 2024-11-15 1 1 MELISSA MODELSON P01603524 2122862600 2024-11-15 2023 2024-10-15 13:58:12Z X RICARDO KARAM 8 THE GREEN A DOVER DE 19901 744381 0 X WWW.TAKREEMAMERICA.ORG X 2019 DE TAKREEM USA IS A REFERENCE IN THE PROPAGATION AND CELEBRATION OF EXCELLENCE IN THE WORLD. IT HONORS BRILLIANCE IN ADVANCING HUMANITY, INSPIRING THE NEXT GENERATION OF IMMIGRANTS, SUPPORTING INITIATIVE OF CHANGE AGENTS, AND CONNECTING IMPACTFUL STAKEHOLDERS. TAKREEM USA STRIVES TO FOSTER GREATER UNDERSTANDING AND UNITY BETWEEN IMMIGRANTS OF MIDDLE EASTERN ORIGINGS AND THE GLOBAL AUDIENCE AT LARGE. 16 16 0 18 0 0 534199 604186 0 0 5396 14141 0 -192630 539595 425697 25837 22392 0 0 0 0 0 0 47258 279807 209771 305644 232163 233951 193534 310767 593509 0 79800 310767 513709 X TAKREEM USA WAS ESTABLISHED WITH THE AIM OF ACCOMPANYING THE MAKEOVER OF THE ARAB WORLDS IMAGE AND RECTIFYING ITS MISCONCEPTIONS. BY HIGHLIGHTING ARAB ACCOMPLISHMENTS ALL AROUND THE WORLD AND PLAYING ITS PART IN BRINGING TOGETHER THE ACTORS FOR A MUCH NEEDED CHANGE. TAKREEM USA IS A REFERENCE IN THE PROPAGATION AND CELEBRATION OF EXCELLENCE IN THE WORLD. IT HONORS BRILLIANCE IN ADVANCING HUMANITY, INSPIRING THE NEXT GENERATION OF IMMIGRANTS, SUPPORTING INITIATIVES OF CHANGE AGENTS, AND CONNECTING IMPACTFUL STAKEHOLDERS. 0 0 134969 22392 0 TO SHOW THE WORLD WHAT THE ARAB AMERICAN COMMUNITY TRULY STANDS FOR IT IS WHERE WE REMIND OURSELVES WHO WE ARE, AND FIND THE STRENGTHS IN ONE ANOTHER, AS A COMMUNITY, TO BECOME EVEN MORE.THE ANNUAL TAKREEM AMERICA WEEKEND HAS TAKEN PLACE IN LOS ANGELES ON FEBRUARY 26, 2023. HUNDREDS OF PEOPLE JOINED, CONNECTED AND WITNESSED AN INSPIRING AWARDS NIGHT, AN UPLIFTING FORUM AND AN INTERESTING SERIES OF GATHERINGS. 134969 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 X 16 16 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X SOURAYA EID 6468252126 8 THE GREEN A DOVER DE 19901 X RICARDO KARAM CHAIR 20.00 X X 0 0 0 MICHELINE NADER CO-VICE CHAIR 4.00 X X 0 0 0 OSCAR SEIKALY CO-VICE CHAIR 4.00 X X 0 0 0 SOURAYA EID TREASURER 6.00 X X 0 0 0 ANDREA MAKHLOUF SECRETARY 4.00 X X 0 0 0 NATASHA CHRSTINA AKDA BOARD DIRECTOR THRU MAY 2023 1.00 X 0 0 0 RAZMIG BOLADIAN BOARD DIRECTOR 1.00 X 0 0 0 NADINE CHAKAR BOARD DIRECTOR 1.00 X 0 0 0 SALMA CHEBABI BOARD DIRECTOR THRU SEPT. 2023 1.00 X 0 0 0 DIANA ELMAS BOARD DIRECTOR 1.00 X 0 0 0 EMILE HADDAD BOARD DIRECTOR 1.00 X 0 0 0 SHIHAB KURAN BOARD DIRECTOR 1.00 X 0 0 0 YASMINA MOUKARZEL BOARD DIRECTOR 1.00 X 0 0 0 ADAH AL MUTEIRI BOARD DIRECTOR 1.00 X 0 0 0 MANAL SAAB BOARD DIRECTOR THRU DEC. 2023 1.00 X 0 0 0 NABIL TALEB BOARD DIRECTOR 1.00 X 0 0 0 TONY TANNOURY BOARD DIRECTOR 1.00 X 0 0 0 RICHARD WESTMARK BOARD DIRECTOR 1.00 X 0 0 0 YOUMNA ZIADE BOARD DIRECTOR 4.00 X 0 0 0 RASHAL ZUREIKAT BOARD DIRECTOR THRU DEC. 2023 1.00 X 0 0 0 SLYVANIE ZEHIL BOARD DIRECTOR THRU SEPT. 2023 1.00 X 0 0 0 0 0 0 0 0 0 0 TAKREEM FOUNDATION BADARO GEORGES CATROUX ST KHANAMER BEIRUT LE ADMIN SERVICES 111600 1 552636 51550 100509 604186 12399 12399 49723 47981 1742 1742 1742 78073 552636 270703 -192630 -192630 425697 0 0 -178489 X 22392 22392 886 886 21600 21600 111600 44640 22320 44640 17452 14834 2618 14982 9852 5130 42788 42788 259 259 MISCELLANEOUS EXPENSE 204 204 232163 134969 49936 47258 68462 109076 53000 8018 189305 476415 310767 593509 0 79800 0 79800 X 310767 513709 0 0 310767 513709 310767 593509 193534 9408 0 X X 0 1 X 1 0 X 534199 604186 1138385 534199 604186 1138385 347779 790606 3630 12399 16029 1154414 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 705808 9408 270703 280111 425697 0 425697 502866 270703 270703 232163 0 232163 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF NOT BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES REPORTED ON PART VIII 270,703. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES REPORTED ON PART VIII 270,703. 2023 ANNUAL AWARDS NIGHT 630709 552636 78073 19007 97821 7850 146025 630709 552636 78073 19007 97821 7850 146025 270703 -192630 1 SCHOLARSHIPS 2 22392 PART I, LINE 2: STUDENT APPLICANTS AND THEIR PARENTS WERE INTERVIEWED BY THE EXECUTIVE DIRECTOR BEFORE SCHOLARSHIPS WERE AWARDED. THE SCHOLARSHIP FUNDS WERE SENT DIRECTLY TO THE STUDENT'S EDUCATIONAL INSTITUTION OF THEIR CHOICE. X 1 100509 AVG. SELLING PRICE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B). FORM 990, PART VI, SECTION A, LINE 2 RICARDO KARAM AND YOUMNA ZIADE ARE HUSBAND AND WIFE AND SERVE TOGETHER ON THE BOARD. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS IN 2023 FOR THE FOLLOWING: 1. ESTABLISHING THE COMPOSITION OF THE AUDIT COMMITTEE. 2. ESTABLISHING BOARD APPOINTMENTS TO A THREE YEAR TERM, AND STATED THAT BOARD MEMBERS CANNOT SERVE MORE THAN TWO CONSECUTIVE TERMS WITHOUT BOARD APPROVAL FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. AFTER THE FORM 990 HAS BEEN PREPARED, A COPY IS REVIEWED BY THE AUDIT COMMITTEE. ONCE THE AUDIT COMMITTEE HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: 1. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, 2. HAS READ AND UNDERSTANDS THE POLICY; 3. HAS AGREED TO COMPLY WITH THE POLICY; AND 4. UNDERSTANDS TAKREEM IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. A VOTING MEMBER OF THE BOARD OF DIRECTORS WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM TAKREEM FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS/HER FINANCIAL INTEREST TO THE BOARD OF DIRECTORS OR APPROPRIATE GOVERNING COMMITTEE. A GENERAL NOTICE THAT A DIRECTOR OR OFFICER OF TAKREEM HAS A FINANCIAL INTEREST IN ANY CORPORATION, JOINT STOCK COMPANY, TRUST, FIRM, OR ASSOCIATION SHALL BE SUFFICIENT DISCLOSURE AS TO SUCH DIRECTOR OR OFFICER WITH RESPECT TO ALL CONTRACTS AND TRANSACTIONS WITH THAT CORPORATION, JOINT STOCK COMPANY, TRUST, FIRM OR ASSOCIATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART IX, LINE 11G ADMINISTRATIVE SERVICES: PROGRAM SERVICE EXPENSES 44,640. MANAGEMENT AND GENERAL EXPENSES 22,320. FUNDRAISING EXPENSES 44,640. TOTAL EXPENSES 111,600. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.