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Nonprofit · EIN 16-1682810

ICNY LAND OWNER CORPORATION

Tax-exempt · NEW YORK CITY, NY 10029

Financials

$3M$2.2M2023$3.4M$2.7M2024$3.1M$2.8M2025
Revenue Expenses · by fiscal year end
Financials of ICNY LAND OWNER CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$3,131,608$2,846,344$285,264$38,115,242$13,471,104$24,644,138
December 31, 2024990$3,376,873$2,673,385$703,488$38,004,928$13,646,054$24,358,874
December 31, 2023990$3,023,692$2,161,834$861,858$37,476,391$13,821,005$23,655,386
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$500,000
Program service revenue
$0
Investment income
$946,957
Net rental income
$1,684,651
Other revenue
$1,684,651

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$2,846,344

Balance sheet and other

Total assets, start of year
$38,004,928
Total assets, end of year
$38,115,242
Total liabilities, end of year
$13,471,104
Net assets, end of year
$24,644,138
Land, buildings and equipment
$16,288,602
Gross receipts
$3,476,529
Employees
0
Year formed
2003
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
YAHAYA ABUBAKARDIRECTOR
Key employee
20$0$85,000
AMB TAREQ ALBANAICHAIRMAN
Trustee or director, Officer
5$0$0
MAGED ABDELAIZIZBOARD MEMBER
Trustee or director
1$0$0
ABDOU SALAM DIALLOBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
AMB TAREQ ALBANAICHAIRMAN
Trustee or director, Officer
10$0
MAGED ABDELAIZIZBOARD MEMBER
Trustee or director
1$0
ABDOU SALAM DIALLOBOARD MEMBER
Trustee or director
1$0
YAHAYA ABUBAKARDIRECTOR
Key employee
30$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
AMB TAREQ ALBANAICHAIRMAN
Trustee or director, Officer
10$0
MAGED ABDELAIZIZBOARD MEMBER
Trustee or director
1$0
ABDOU SALAM DIALLOBOARD MEMBER
Trustee or director
1$0
MOHAMMED MURCIDIRECTOR
Key employee
30$0

Address and contacts

Address (IRS master file)
1711 3RD AVE, NEW YORK CITY, NY 10029-7303
In care of
% DR ZIYAD MONAYAIR
Principal officer (990 for 2025)
TAREQ ALBANAI, 1711 THIRD AVE, NEW YORK, NY 10029
Signed the 990
YAHAYA ABUBAKAR, DIRECTOR
Phone
(212) 722-5230
Return prepared by
THOMAS E GOUGH CPA

Mission

Support of the Islamic Center of New York and Islamic Cultural center school vis a vis income received from rental prop, and rent free space

990 for the year ended December 31, 2025

Program accomplishments

  • Support the Islamic Center of New York and The Islamic Cultural Center School viv a vis income received from rental property and free rental space provided to these organizations
    Expenses $1,684,651

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
16-1682810
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$38,115,242
Income (IRS master file)
$3,476,529

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$3,131,608$2,846,344$38,115,242XML
990December 2024$3,376,873$2,673,385$38,004,928XML
990December 2023$3,023,692$2,161,834$37,476,391XML
990December 2022$2,212,251$1,775,920$36,789,482IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 16-1682810).

Questions about ICNY LAND OWNER CORPORATION

What is the EIN of ICNY LAND OWNER CORPORATION?
The employer identification number (EIN) of ICNY LAND OWNER CORPORATION is 16-1682810.
Is ICNY LAND OWNER CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to ICNY LAND OWNER CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does ICNY LAND OWNER CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ICNY LAND OWNER CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ICNY LAND OWNER CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of ICNY LAND OWNER CORPORATION?
The 990 for the year ended December 31, 2025 names TAREQ ALBANAI.
Who are the officers and directors of ICNY LAND OWNER CORPORATION?
The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does ICNY LAND OWNER CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $3,131,608, expenses of $2,846,344 and total assets of $38,115,242 at year end.

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