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ObjectId: 202343199349318404 - Submission: 2023-11-15
TIN: 54-1399426
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to
www.irs.gov/Form990
for instructions and the latest information.
OMB No. 1545-0047
20
22
Open to Public Inspection
Name of the organization
SAFA TRUST INC
Employer identification number
54-1399426
Part I
Identification of Disregarded Entities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity
(b)
Primary activity
(c)
Legal domicile (state
or foreign country)
(d)
Total income
(e)
End-of-year assets
(f)
Direct controlling
entity
(1)
NILE LLC
500 GROVE STREET SUITE 200
HERNDON
,
VA
20170
26-2842225
CONSTRUCTION OF CONDOMINIUM BUILDING IN CAIRO
DC
0
0
SAFA TRUST INC
Part II
Identification of Related Tax-Exempt Organizations.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization
(b)
Primary activity
(c)
Legal domicile (state
or foreign country)
(d)
Exempt Code section
(e)
Public charity status
(if section 501(c)(3))
(f)
Direct controlling
entity
(g)
Section 512(b)(13) controlled entity?
Yes
No
(1)
INTERNATIONAL INSTITUTE OF ISLAMIC THOUGHT
500 GROVE STREET SUITE 200
HERNDON
,
VA
20170
23-2202414
ISLAMIC CLASSES, SEMINARS AND PUBLICATIONS
PA
501(C)(3)
SCH A/PART 1/LN 10
N/A
No
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2022
Page 2
Schedule R (Form 990) 2022
Page
2
Part III
Identification of Related Organizations Taxable as a Partnership.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership
Yes
No
Yes
No
(1)
MESA HOLDING LLC
500 GROVE STREET
HERNDON
,
VA
20170
51-0632333
INVESTMENTS
VA
SAFA TRUST INC
INVESTMENT,UNRELATED
-1,658
1,187,672
No
No
65.000 %
(2)
STERLING ALPOS LLC
500 GROVE STREET
HERNDON
,
VA
20170
54-1399426
INVESTMENTS
VA
SAFA TRUST INC
INVESTMENT,UNRELATED
2,563,678
No
No
55.840 %
Part IV
Identification of Related Organizations Taxable as a Corporation or Trust.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Type of entity
(C corp, S corp,
or trust)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Percentage
ownership
(i)
Section 512(b)(13) controlled entity?
Yes
No
(1)
RESTON INVESTMENTS INC
500 GROVE STREET SUITE 200
HERNDON
,
VA
20170
54-1745672
INVESTMENTS
VA
SAFA TRUST INC
C
2,316,030
100.000 %
No
(2)
MAR-JAC HOLDINGS INC
PO BOX 1017
GAINSVILLE
,
GA
30503
58-2270434
INVESTMENTS
DE
SAFA TRUST INC
C
235,641,739
75.000 %
No
(3)
UNIVERSITY BANCORP INC
959 MAIDEN LANE
ANN ARBOR
,
MI
48105
38-2929531
INVESTMENTS
DE
SAFA TRUST INC
C
531,582
85.000 %
No
(4)
MAR-JAC AL MS INC
P O BOX 1017
GAINSVILLE
,
GA
30503
47-1334455
INVESTMENTS
DE
SAFA TRUST INC
C
36,129,502
75.380 %
No
Schedule R (Form 990) 2022
Page 3
Schedule R (Form 990) 2022
Page
3
Part V
Transactions With Related Organizations.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note.
Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1
During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a
Receipt of
(i)
interest,
(ii)
annuities,
(iii)
royalties, or
(iv)
rent from a controlled entity
.....................
1a
No
b
Gift, grant, or capital contribution to related organization(s)
............................
1b
Yes
c
Gift, grant, or capital contribution from related organization(s)
............................
1c
No
d
Loans or loan guarantees to or for related organization(s)
............................
1d
No
e
Loans or loan guarantees by related organization(s)
............................
1e
No
f
Dividends from related organization(s)
............................
1f
No
g
Sale of assets to related organization(s)
............................
1g
No
h
Purchase of assets from related organization(s)
............................
1h
No
i
Exchange of assets with related organization(s)
............................
1i
No
j
Lease of facilities, equipment, or other assets to related organization(s)
.......................
1j
No
k
Lease of facilities, equipment, or other assets from related organization(s)
......................
1k
No
l
Performance of services or membership or fundraising solicitations for related organization(s)
.....................
1l
No
m
Performance of services or membership or fundraising solicitations by related organization(s)
.................
1m
Yes
n
Sharing of facilities, equipment, mailing lists, or other assets with related organization(s)
...................
1n
Yes
o
Sharing of paid employees with related organization(s)
............................
1o
No
p
Reimbursement paid to related organization(s) for expenses
............................
1p
No
q
Reimbursement paid by related organization(s) for expenses
............................
1q
No
r
Other transfer of cash or property to related organization(s)
............................
1r
No
s
Other transfer of cash or property from related organization(s)
............................
1s
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization
(b)
Transaction
type (a-s)
(c)
Amount involved
(d)
Method of determining amount involved
(1)
INTERNATIONAL INSTITUTE OF ISLAMIC THOUGHT
B
16,000,000
COST
(2)
INTERNATIONAL INSTITUTE OF ISLAMIC THOUGHT
N
569,745
FMV
Schedule R (Form 990) 2022
Page 4
Schedule R (Form 990) 2022
Page
4
Part VI
Unrelated Organizations Taxable as a Partnership.
Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity
(b)
Primary activity
(c)
Legal domicile
(state or foreign
country)
(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)
(e)
Are all partners
section
501(c)(3)
organizations?
(f)
Share of total income
(g)
Share of
end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership
Yes
No
Yes
No
Yes
No
(1)
STERLING PFG LLC
500 GROVE STREET SUITE 200
HERNDON
,
VA
20170
54-2047016
INVESTMENTS
VA
INVESTMENT, UNRELATED
No
0
3,312
No
No
39.280 %
(2)
STERLING STOCK INVESTMENTS LLC
500 GROVE STREET SUITE 200
HERNDON
,
VA
20170
54-1890953
INVESTMENTS
VA
INVESTMENT, UNRELATED
No
200,733
20,865,245
No
No
30.060 %
(3)
STERLING INCOME FUND LP
500 GROVE STREET SUITE 200
HERNDON
,
VA
20170
80-0717882
INVESTMENTS
VA
INVESTMENT, UNRELATED
No
35,803
6,791,148
No
No
49.930 %
(4)
STERLING INVESTMENT GROUP LLC
500 GROVE STREET SUITE 200
HERNDON
,
VA
20170
54-1837645
INVESTMENTS
VA
INVESTMENT, UNRELATED
No
0
4,551,571
No
No
45.990 %
(5)
STERLING INFOGAIN FUND LLC
500 GROVE STREET SUITE 200
HERNDON
,
VA
20170
54-1953971
INVESTMENTS
VA
INVESTMENT, UNRELATED
No
-799
160,135
No
No
30.540 %
(6)
STERLING LYNUX WORKS LLC
500 GROVE STREET SUITE 200
HERNDON
,
VA
20170
36-4354159
INVESTMENTS
VA
INVESTMENT, UNRELATED
No
10,350
0
No
No
3.350 %
(7)
WATERVILLE VALLEY HOLDINGS LLC
PO BOX 540
WATERVILLE VALLEY
,
NH
03215
27-2813336
INVESTMENTS
NH
INVESTMENT, UNRELATED
No
370,830
643,808
No
No
14.120 %
(8)
STERLING COMMUNITYFORCE LLC
500 GROVE STREET SUITE 200
HERNDON
,
VA
20170
45-5141861
INVESTMENTS
VA
INVESTMENT, UNRELATED
No
0
331,514
No
No
33.330 %
Schedule R (Form 990) 2022
Page 5
Schedule R (Form 990) 2022
Page
5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. See instructions.
Return Reference
Explanation
Schedule R (Form 990) 2022
Additional Data
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