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Nonprofit · EIN 80-0938606

ISLAMIC UNIVERSITY OF MINNESOTA

Tax-exempt (reinstated) · MINNETONKA, MN 55343

Financials

$369K$353K2023
Revenue Expenses · by fiscal year end
Financials of ISLAMIC UNIVERSITY OF MINNESOTA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$368,960$352,813$16,147$91,471$3,113$88,358
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$368,960
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$49,000
Other salaries and wages
$243,300
Salaries, compensation and benefits (total)
$305,211
Professional fundraising fees
$0
Accounting fees
$1,100
Occupancy
$1,783
Travel
$6,482
Program services (functional)
$352,813

Balance sheet and other

Total assets, start of year
$74,913
Total assets, end of year
$91,471
Total liabilities, end of year
$3,113
Net assets, end of year
$88,358
Gross receipts
$368,960
Employees
5
Year formed
2013
State of legal domicile
MN

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.

NameTitleHours / weekCompensation
Waleed E MeneeseChairman
Trustee or director
40$49,000
Khalid OmarBoard Member
Trustee or director
10$0
Saciid ShireTreasurer
Trustee or director
10$0
Mohamed OmarSecretary
Trustee or director
10$0

Address and contacts

Address (IRS master file)
5620 SMETANA DR STE 300, MINNETONKA, MN 55343-9246
In care of
% ATTN HYDER AZIZ
Principal officer (990 for 2023)
Khalid Omar, 9465 173rd Street West, Lakeville, MN 55044
Signed the 990
Khalid Omar, Director
Phone
(612) 224-0094
Return prepared by
Acctech LLC

Mission

To disseminate religious knowledge in the Muslim as well as non-Muslim community To expand the circle of Islamic religious awareness, spread the teaching of Islam from its genuine sources.

990 for the year ended December 31, 2023

Program accomplishments

  • The purpose of IUM is to disseminate religious knowledge in the Muslim as well as non-Muslim community, expand the circle of Islamic religious awareness, spread the teaching of Islam from its genuine sources and introduce qualified graduates in the field of Islamic Education. With this in mind it endeavors to fulfill the needs of Islamic centers and Islamic schools for qualified workers in the fields of teaching, propagation and religious leadership.

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, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
80-0938606
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B40)
Assets (IRS master file)
$91,471
Income (IRS master file)
$368,960

Revocation and reinstatement

Exemption revoked
May 15, 2016
Posted by the IRS
August 8, 2016
Reinstated
Effective May 15, 2016

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$368,960$352,813$91,471XML
990December 2022$246,203$383,820$74,913IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 80-0938606).

Questions about ISLAMIC UNIVERSITY OF MINNESOTA

What is the EIN of ISLAMIC UNIVERSITY OF MINNESOTA?
The employer identification number (EIN) of ISLAMIC UNIVERSITY OF MINNESOTA is 80-0938606.
Is ISLAMIC UNIVERSITY OF MINNESOTA tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2016 and reinstated it effective May 15, 2016.
Are donations to ISLAMIC UNIVERSITY OF MINNESOTA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ISLAMIC UNIVERSITY OF MINNESOTA 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 ISLAMIC UNIVERSITY OF MINNESOTA 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 ISLAMIC UNIVERSITY OF MINNESOTA 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 ISLAMIC UNIVERSITY OF MINNESOTA?
The 990 for the year ended December 31, 2023 names Khalid Omar.
Who are the officers and directors of ISLAMIC UNIVERSITY OF MINNESOTA?
The 990 for the year ended December 31, 2023 lists 4 people; 1 received compensation from the organization, the highest $49,000 (Waleed E Meneese, Chairman).
How much revenue does ISLAMIC UNIVERSITY OF MINNESOTA have?
On its 990 for the year ended December 31, 2023 it reported revenue of $368,960, expenses of $352,813 and total assets of $91,471 at year end.

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