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Telacu Housing-Pomona Inc

Telacu Las Brisas

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

EIN: 300156392 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Telacu Housing-Pomona Inc?

Telacu Housing-Pomona Inc is a California-based nonprofit corporation, established in accordance with the state's not-for-profit statutes. The organization's primary purpose is to manage and operate an 80-unit housing project named Telacu Las Brisas, situated in Pomona, California. The project provides affordable housing for eligible elderly individuals with low income, in compliance with Section 202 of the National Housing Act. The U.S. Department of Housing and Urban Development provides housing assistance payments to Telacu Housing-Pomona Inc for this project. The organization plays a vital role in ensuring that elderly residents have a secure and suitable living environment.


Is Telacu Housing-Pomona Inc legitimate?

Telacu Housing-Pomona Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Telacu Housing-Pomona 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-Pomona Inc?
Who is the CEO of Telacu Housing-Pomona Inc?
What is the revenue of Telacu Housing-Pomona Inc?
Who are the executives of Telacu Housing-Pomona Inc and what are their salaries?
Where can I find the form 990 for Telacu Housing-Pomona Inc?

Mission Statement of Telacu Housing-Pomona Inc

Telacu Housing-Pomona Inc, a not-for-profit corporation established in accordance with California's not-for-profit statutes, was formed with the primary objective of operating an 80-unit housing project. This project, known as Telacu Las Brisas, is situated in Pomona, California. The corporation's mission is to provide housing for elderly individuals with very low incomes. Telacu Housing-Pomona Inc receives financial assistance to carry out this mission, in the form of Housing Assistance Payments, from the U.S. Department of Housing and Urban Development, in compliance with Section 202 of the National Housing Act, which has been amended. The corporation's commitment to this mission is instrumental in providing a secure living environment for this vulnerable population.

Impact

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




Wednesday, July 24, 2024

Telacu Housing-Pomona Inc's impact can be seen in its provision of essential housing services to very low-income elderly persons in Pomona, California. By operating the Telacu Las Brisas project, this organization plays a crucial role in addressing the housing needs of a vulnerable population. Through receiving housing assistance payments from the U.S. Department of Housing and Urban Development, Telacu Housing-Pomona Inc facilitates affordable living arrangements for those who may otherwise struggle to find suitable housing options. The organization's efforts contribute to enhancing the quality of life for the elderly residents it serves, promoting stability, security, and dignity in their living situations.





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: $273
  • Program Service Revenue: $241,697
  • Gross Receipts: $678,710

    • Assets and Liabilities:
  • Total Assets: $6,377,977
  • Total Liabilities: $9,452,791
  • Net Assets: -$3,074,814
  • Programs

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

    RENTAL INCOME

    Revenue

    $241,697

    Organization Details

    Founding Year

    2002

    Principal Officer

    Michael Lizarraga

    Main Address

    5400 E OLYMPIC BLVD 300, LOS ANGELES, CA, 90022

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Telacu Housing-Pomona 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.