Nonprofit · EIN 46-4609316
IJARA COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · ANN ARBOR, MI 48103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $253,166 | $284,338 | -$31,172 | $94,940 | $105,501 | -$10,561 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $233
- Program service revenue
- $252,921
- Investment income
- $12
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $14,677
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,575
- Occupancy
- $998
- Travel
- $20,559
- Depreciation
- $3,090
- Program services (functional)
- $239,809
- Management and general (functional)
- $44,529
Balance sheet and other
- Total assets, start of year
- $88,810
- Total assets, end of year
- $94,940
- Total liabilities, end of year
- $105,501
- Net assets, end of year
- -$10,561
- Land, buildings and equipment
- $21,426
- Net assets without donor restrictions
- -$10,561
- Gross receipts
- $253,166
- Employees
- 0
- Year formed
- 2014
- State of legal domicile
- MI
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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEMALA AFIFI | VICE PRESIDE Trustee or director, Officer | – | $0 |
| ABRAHAM RIZQALLA | DIRECTOR Trustee or director | – | $0 |
| SHOAIB M SHARIEFF | PRESIDENT/TR Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 2531 JACKSON AVE BOX 331, ANN ARBOR, MI 48103-3818
- In care of
- % SHOEB SHARIEFF
- Mailing address (990-N for 2017)
- 2531 JACKSON AVE STE 331, ANN ARBOR MI 48103
- Principal officer (990 for 2023)
- SHOAIB M SHARIEFF, 2531 JACKSON AVE BOX 331, ANN ARBOR, MI 48103
- Principal officer (990-N for 2017)
- SHOAIB M SHARIEFF, 2531 JACKSON AVE STE 331, ANN ARBOR MI 48103
- Signed the 990
- SHOAIB M SHARIEFF, PRESIDENT/TRESURER
- Phone
- (877) 864-5272
- Website
- WWW.IJARACDC.COM
- Return prepared by
- 7TH RULE ACCOUNTING PC
Mission
THE MISSION OF THE IJARA SHARIA HOMEOWNER LEARNING INSTITUTE (ISHLI) IS TO ADDRESS THE ISSUES OF HOMEOWNERSHIP THAT ISLAMIC FAMILIES ENCOUNTER. ISHLI ACCOMPLISHES ITS MISSION THROUGH THE IMPLEMENTATION OF EDUCATIONAL FORUMS, SHARIA FINANCIAL COUNSELING, IJARA HOME PURCHASE PROGRAM AND IJARA SHARIA MORTGAGE EDUCATION. THESE PROGRAMS ADDRESS THE NEEDS OF SHARIA COMPLIANT FINANCIALLY UNDERSERVED ISLAMIC COMMUNITIES, ECONOMICALLY CHALLENGED PERSONS AND COMMUNITIES AND OTHER COMMUNITIES THAT FALL UNDER THE CHARITABLE PURPOSES FOR WHICH IJARA IS ESTABLISHED AND AUTHORIZED TO SERVE.
Program accomplishments
- IJARA EDUCATIONAL FORUM ALL IJARA MEMBERS ATTEND AN EDUCATIONAL FORUM, WHICH INTRODUCES THEM TO IJARA PROGRAMS AND SERVICES AND PROVIDES IMPORTANT INFORMATION ABOUT REAL ESTATE, HOUSING, AND THE PURCHASE PROCESS. AFTER SUCCESSFULLY ATTENDING THE EDUCATIONAL FORUM, MEMBERS MOVE ON TO THE PROGRAMS LISTED BELOW AS A MEMBER'S NEED IS ASSESSED AND DETERMINED BY IJARA.Expenses $48,383 · revenue $2,724
- IJARA FINANACIAL COUNSELING ONE-ON-ONE COUNSELING. EVERY IJARA MEMBER HAS HIS OR HER OWN MORTGAGE CONSULTANT TO WORK WITH THROUGH THE HOME PURCHASE AND MORTGAGE PROCESS. THE MORTGAGE CONSULTANT WILL WORK WITH A MEMBER FOR AS LONG AS IT TAKES TO QUALIFY FOR A MORTGAGE, LOCATE AND PURCHASE A HOME. FINANCIAL COUNSELING. THE MORTGAGE CONSULTANT WILL WORK WITH THE IJARA MEMBER TO DEVELOP A REALISTIC FINANCIAL ANALYSIS THAT DETERMINES AN AFFORDABLE PURCHASE PRICE WHILE MAINTAINING A COMFORTABLE STANDARD OF LIVING. CREDIT RESOLUTION. THE MORTGAGE CONSULTANT WILL WORK WITH MEMBER TO RESOLVE ANY CREDIT ISSUES. THIS MAY INVOLVE CORRECTING MISTAKES MADE BY THE CREDIT BUREAUS AND REPORTING COMPANIES. THE MORTGAGE CONSULTANT ALSO ADDRESSES PAYMENT HISTORY PROBLEMS AND CAN ASSIST YOU IN DEVELOPING AND IMPLEMENTING A PLAN TO RE-ESTABLISH AND IMPROVE YOUR CREDIT. FOR SOME MEMBERS, THIS MAY TAKE A PERIOD OF TIME. IJARA QUALIFICATION (I.E. MORTGAGE QUALIFICATION). AFTER DEVELOPING A REALISTIC FINANCIAL ANALYSIS, RESOLVING CREDIT ISSUES, DEMONSTRATING SUFFICIENT SAVINGS, AND OBTAINING THE DOCUMENTS NECESSARY TO BE APPROVED, A MEMBER CAN BE IJARA QUALIFIED. THE MORTGAGE CONSULTANT WILL DETERMINE THE MAXIMUM PURCHASE PRICE BASED ON A MONTHLY PAYMENT THAT FITS THE MEMBER'S BUDGET, THE CURRENT INTEREST RATE AND THE ESTIMATED TAXES AND INSURANCE. IJARA QUALIFICATION VIRTUALLY ASSURES THAT THE LENDER WILL APPROVE THE MORTGAGE APPLICATION. IJARA MORTGAGE PROCESS COUNSELING MEMBERS WILL GO THROUGH A CREDIT AND MORTGAGE PROCESS COUNSELING SEMINAR PRIOR TO SUBMITTING AN APPLICATION FOR CREDIT AND A MORTGAGE. AFTER SUCCESSFULLY COMPLETING THE CREDIT AND MORTGAGE COUNSELING SEMINAR, THE BUYER WILL SUBMIT A CREDIT APPLICATION FOR APPROVAL. CREDIT AND MORTGAGE APPLICATION. IJARA REQUIRES THAT PRIOR TO SUBMITTING A MORTGAGE APPLICATION THROUGH IJARA THAT A MEMBER APPLY TO IJARA FOR CREDIT AND GET APPROVED - CALLED IJARA CREDIT PROCESS. ONCE THE APPLICATION FOR IJARA CREDIT PROCESS HAS BEEN APPROVED, THE MORTGAGE CONSULTANT WILL TAKE THE MEMBERS MORTGAGE APPLICATION. BECAUSE OF ALL THE PRE-APPLICATION WORK, LENDERS APPROVE VIRTUALLY ALL MORTGAGE APPLICATIONS. MORTGAGE PROCESS. THE MORTGAGE CONSULTANT WILL WORK WITH THE MEMBER TO NAVIGATE THE MORTGAGE PROCESS AND OBTAIN A COMMITMENT LETTER. AFTER THE LOAN IS APPROVED, THE MORTGAGE CONSULTANT REVIEWS THE COMMITMENT LETTER WITH THE MEMBER AND DISCUSSES ANY ADDITIONAL CONTINGENCIES (CONDITIONS) SPECIFIED BY THE LENDER. CLOSING. THE MORTGAGE CONSULTANT WILL ADVISE THE MEMBER ABOUT THE INSURANCE BINDER AND PRE-PAID TAXES, INSURANCE, ETC. DUE AT THE CLOSING. THE BUYER'S AGENT OR OTHER REAL ESTATE AGENT WILL BE PRESENT AT THE CLOSING AND THE MORTGAGE CONSULTANT AND IJARA STAFF WILL BE AVAILABLE TO HANDLE ANY LAST MINUTE PROBLEMS. IJARA MEMBERSHIP ASSISTANCE PROGRAM (IMAP). IJARA PROVIDES COUNSELING AND FINANCIAL ASSISTANCE FOR IJARA HOMEOWNERS THROUGH THE IJARA MEMBERSHIP ASSISTANCE PROGRAM WHICH PROVIDES EMERGENCY FINANCIAL ASSISTANCE TO PREVENT FORECLOSURE, AS WELL AS PROVIDING STAFF WHO CAN PROVIDE FINANCIAL COUNSELING, PAYMENT PLANS AND OTHER ASSISTANCE IN HELPING TO AVOID FORECLOSURE.Expenses $116,578 · revenue $250,197
- IJARA HOME PURCHASE PROGRAM PURCHASE WORKSHOP. IJARA WILL PROVIDE INFORMATION ON THE HOME PURCHASE PROCESS, INCLUDING VALUABLE INFORMATION REGARDING REAL ESTATE. AN IJARA BUYER'S BROKER/AGENT ("BUYER'S AGENT") OR IJARA REFERRAL AGENT CAN ASSIST IN THE HOUSING SEARCH. HOUSE HUNTING. WORKING WITH A BUYER'S AGENT OR ANOTHER AGENT REFERRED TO A MEMBER BY IJARA CAN HELP FIND THE HOME AND NEGOTIATE THE BEST POSSIBLE TERMS IN THE PURCHASE AND SALE AGREEMENT. PROPERTY EVALUATION. ONCE A HOME IS SELECTED, IT MUST BE INSPECTED. IJARA REVIEWS THE HOME INSPECTION TO DETERMINE IF THE HOME MEETS IJARA'S CRITERIA OR NEEDS ADDITIONAL WORK. IJARA MAY REQUIRE THAT REPAIRS OR RENOVATIONS BE MADE.
- OTHER PROGRAM EXPENSES FOR OVERALL OPERATIONS.Expenses $74,848 · grants $14,677
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-4609316
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $94,940
- Income (IRS master file)
- $253,166
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $253,166 | $284,338 | $94,940 | XML |
| 990 | December 2022 | $279,251 | $308,451 | $88,810 | IRS |
| 990 | December 2021 | $228,819 | $244,284 | $120,011 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: SHOAIB M SHARIEFF | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
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 46-4609316).
Questions about IJARA COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of IJARA COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of IJARA COMMUNITY DEVELOPMENT CORPORATION is 46-4609316.
- Is IJARA COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to IJARA COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IJARA COMMUNITY DEVELOPMENT 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 IJARA COMMUNITY DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IJARA COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of IJARA COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2023 names SHOAIB M SHARIEFF.
- Who are the officers and directors of IJARA COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
- How much revenue does IJARA COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $253,166, expenses of $284,338 and total assets of $94,940 at year end.
Other nonprofits in ANN ARBOR
- NATIONAL CENTER FOR MANUFACTURING SCIENCES EIN 38-2761126 · last filed 990 for 2024
- NON-PROFIT ENTERPRISE AT WORK INC EIN 38-2825019 · last filed 990 for 2025
- KIWANIS CLUB OF ANN ARBOR EIN 36-6099103 · last filed 990 for 2025
- MICHIGAN ASSOCIATION OF PLANNING A CHAPTER OF THE AMERICAN PLANNING EIN 38-6070463 · last filed 990 for 2025
- GREATER MICHIGAN PLUMBING & MECH- ANICAL CONTRACTORS ASSOCIATION INC EIN 38-6087681 · last filed 990 for 2025
- STATE STREET AREA ASSOCIATION EIN 38-2199337 · last filed 990 for 2025
- AMERICAN PIZZA COMMUNITY EIN 46-4878604 · last filed 990 for 2024
- MICHIGAN FOOTBALL ALUMNI NETWORK INC EIN 81-0800057 · last filed 990 for 2024
All nonprofits in ANN ARBOR · Michigan · Community improvement and capacity building