Public Charity

THE MAINSTAY FOUNDATION

Based in DEARBORN, MI, THE MAINSTAY FOUNDATION operates as a Public Charity. The organization reported $1.0M in revenue, $934K in expenses, $414K in total assets for fiscal year 2024. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $18K.

EIN: 464286586 DEARBORN, MI Latest filing: 2024
Total Revenue$1.0M
Total Expenses$934K
Total Assets$414K
Grant Records8
Funding Total$18K
Filing Years2020–2024

Mission

TO ADVANCE THE MUSLIM COMMUNITIES, ORGANIZATIONS, AND INDIVIDUALS IN THE UNITED STATES OF AMERICA BY DEVELOPING THEIR INTELLECTUAL, SPIRITUAL, SOCIAL, AND FINANCIAL ASPECTS, UTILIZING THE MOST ADVANCED METHODOLOGIES AND TECHNOLOGIES.

Officers & Directors

DIRECTOR Abathar Tajaldeen
TREASURER Jalal Moughania
PRESIDENT Khodr Hamka
SECRETARY Mohamed Ali Banoon

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$10,615 1 grant
CHARITABLE
$5,500 2 grants
Unspecified
$1,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.0M $934K $414K
2023 $1.0M $1.1M $330K
2022 $1.3M $1.1M $465K
2021 $448K $382K $218K
2020 $177K $226K $132K

Between 2020 and 2024, reported annual revenue grew from $177K to $1.0M (+474%), with total assets most recently reported at $414K.

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

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