Public Charity

ISLAMIC FOUNDATION OF IOWA INC

ISLAMIC FOUNDATION OF IOWA INC, of WATERLOO, IA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $405K in revenue, $416K in expenses, $2.0M in total assets.

EIN: 202941534 WATERLOO, IA Neighborhood Centers NTEE: P28 Latest filing: 2025
Total Revenue$405K
Total Expenses$416K
Total Assets$2.0M
Grant Records0
Filing Years2021–2025

Mission

TO SERVE MUSLIMS AND NON-MUSLIMS IN THE ENTIRE STATE OF IOWA BY SUPPLEMENTING ISLAMIC SERVICES PROVIDED LOCALLY AND STATEWIDE IN THE SPIRITUAL, RELIGIOUS, SOCIAL, POLITICAL, PUBLIC RELATIONAND EDUCATIONAL ARENAS.

Officers & Directors

SECRETARY Ahmad Shehata
PRESIDENT Ibrahim Shehata
TREASURER Maumer Algic
DIRECTOR Theron Montgomery

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $405K $416K $2.0M
2024 $421K $355K $2.0M
2023 $508K $479K $166K
2022 $382K $279K $137K
2021 $110K $98K $33K

Between 2021 and 2025, reported annual revenue grew from $110K to $405K (+269%), with total assets most recently reported at $2.0M.

Interactive year-over-year charts and full filing details available with membership.

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