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Telacu Housing-Rialto Ii Inc

Telacu Tierra Serrano

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264590332 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Telacu Housing-Rialto Ii Inc?

Telacu Housing-Rialto II Inc. is a California-based nonprofit corporation, established to construct, own, and manage a 75-unit community named Telacu Tierra Serrano in Rialto, California. This community is specifically designed to provide affordable housing for low-income elderly individuals, in accordance with Section 202 of the National Housing Act. The organization's mission is centered around offering a comfortable living space for this demographic, aiming to enhance their quality of life.


Is Telacu Housing-Rialto Ii Inc legitimate?

Telacu Housing-Rialto Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Telacu Housing-Rialto Ii Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Telacu Housing-Rialto Ii Inc?
Who is the CEO of Telacu Housing-Rialto Ii Inc?
What is the revenue of Telacu Housing-Rialto Ii Inc?
Who are the executives of Telacu Housing-Rialto Ii Inc and what are their salaries?
Where can I find the form 990 for Telacu Housing-Rialto Ii Inc?

Mission Statement of Telacu Housing-Rialto Ii Inc

Telacu Housing-Rialto II Inc, a California-based not-for-profit corporation, was established with a specific mission in mind. This mission involves constructing, owning, and operating a 75-unit housing community, known as Telacu Tierra Serrano, for low-income elderly individuals. This community is developed in accordance with Section 202 of the National Housing Act, as amended. The organization's purpose is to provide a safe and affordable living space for this particular demographic, ensuring they can live with dignity and independence. By constructing and managing this community, Telacu Housing-Rialto II Inc contributes to the well-being of the elderly population, offering them a home where they can age gracefully.

Impact

This information is meant to be a general summary of Telacu Housing-Rialto Ii Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Telacu Housing-Rialto Ii Inc's impact is centered around providing housing for low-income elderly persons in Rialto, California through the construction, ownership, and operation of a 75-unit community known as Telacu Tierra Serrano. This initiative directly addresses the housing needs of a vulnerable population, ensuring that they have a safe and affordable place to call home. By offering housing in accordance with Section 202 of the National Housing Act, Telacu Housing-Rialto Ii Inc plays a crucial role in supporting the well-being and dignity of low-income elderly individuals in the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,234
  • Program Service Revenue: $271,970
  • Gross Receipts: $770,523

    • Assets and Liabilities:
  • Total Assets: $11,642,534
  • Total Liabilities: $15,688,865
  • Net Assets: -$4,046,331
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $271,970

    Organization Details

    Founding Year

    2009

    Principal Officer

    Michael Lizarraga

    Main Address

    5400 E OLYMPIC BLVD 300, LOS ANGELES, CA, 900225187

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Telacu Housing-Rialto Ii Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.