Save it from being DEMOLISHED & replaced with Apartments
International Muslim Organization of Toronto / IMO Toronto
65 Rexdale BlvdEtobicoke, Ontario M9W 1P1 CANADA
Read our concerns below
Governance Issues - 25 Years of Dictatorship
The following individuals have been members of the Board since 1997, representing 25 years of insularity.
They will not let you become a member or vote on the direction and future of IMO.
They will not let you run for a position on the Board.
Think of how many Imams' have come and gone.
They are happy to take our money but treat the Masjid as their own property.
OMAR FAROUQ , President, since 1997-09-08
AMEER ALI, Secretary, since 1997-09-08
FIZRODEEN KHAN, Secretary, since 1997-09-08
ROY RAZAK, Assistant Secretary, since 1997-09-08
Source: Canada Revenue Agency
Financial Issues
$4+ Million misspent + $1.5 Million in debt + $75,000 yearly interest payments
The Board at IMO is addicted to RIBA. IMO was purchased in 1998 for 1.8 million with debt. They have not stopped borrowing and misspending OUR MONEY.
Gymnasium over budget by $3 Million: Our analysis of Canada Revenue Agency data shows the INCOMPLETE Gymnasium and Janazah area that was originally budgeted at $1.2 million (construction was to have been completed circa 2015) and funded by OUR DONATIONS has now cost $4+ million.
$1.5 million in debt: In 2015 IMO had a debt charge of what we believe to be approximately $1 million attached to the property by https://epireon.com/ . This was replaced by a charge on 2019/03/01 in the amount of $1.5 million by 2681477 Ontario Limited (per Land Registry search) - the registered office of the Company is a Board Member's Sister's house. We estimate IMO incurred $500,000+ in interest costs between 2015 and 2019.
$75,000 Annual Interest Payment for Nothing: The debt charge from 2019/03/01 in the amount of $1.5 million by 2681477 Ontario Limited was due on 2021/03/01. There is no record of discharge. We conclude it still costs IMO at least $75,000 per year (guess where your donations are going) to service.
Could the above financial mismanagement be the reason President Omar is so motivated to turn our Masjid into a piggy bank?
Can we trust President Omar and the Board to manage anything?
Destroy our Dream of a Masjid
We have all contributed over the years to Our Vision of a Masjid. President OMAR FAROUQ now wants take our money for our Masjid and create his own money making commercial enterprise.
Our Vision
RIBA FREE
60,000 sq ft of Masjid Area
Jazanah Facility
Gymnasium
What IMO is Planning
$30+ Million of RIBA
Approx 5,000 sq ft of "Prayer" Area
222-unit Apartment Project of mixed-income housing based on income
Commercial storefronts
NOT ENOUGH PRAYER SAPCE & PARKING
Rent to be Managed by IMO Board
Politicians who are aware of the Governance & Financial issues and lending support. Is this corruption? Call Ford and Chow, make your voice heard.
Minister Ahmed Hussen (Minister of Housing and Diversity and Inclusion) https://www.ourcommons.ca/members/en/ahmed-hussen(89020)
Vincent Crisanti (Local Councilor) https://www.toronto.ca/city-government/council/members-of-council/councillor-ward-1/
Doug Ford (Premier and MPP for Etobicoke North) Phone: 416-745-2859 Email: doug.fordco@pc.ola.org https://fordmpp.ca/contact/
Olivia Chow Mayor of Toronto Telephone: 416-397-CITY (2489) Email: mayor_chow@toronto.ca