Overview
What is Telacu Housing-Rialto Inc?
Telacu Housing-Rialto Inc is a California-based nonprofit corporation, established in accordance with the state's not-for-profit statutes. Its primary mission is to manage a 70-unit housing project named Telacu La Paz, situated in Rialto, California. This project is specifically designed to provide affordable housing for low-income elderly individuals. Telacu Housing-Rialto Inc receives financial assistance from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act, which aids in providing necessary resources to support its mission. The organization's objective is to enhance the living conditions of its elderly residents, ensuring they maintain a comfortable and secure living environment.
Is Telacu Housing-Rialto Inc legitimate?
Telacu Housing-Rialto Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Telacu Housing-Rialto 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 Inc?
Telacu Housing-Rialto Inc, as a not-for-profit corporation, was established to serve a specific purpose. Its primary objective is to manage and operate a 70-unit housing project, named Telacu La Paz, which is designed for low-income elderly individuals. This corporation receives financial assistance from the U.S. Department of Housing and Urban Development, in accordance with Section 202 of the National Housing Act, with the aim of providing affordable housing for this demographic. In essence, Telacu Housing-Rialto Inc is committed to enhancing the living conditions of elderly individuals with limited income, offering them a safe and suitable housing environment.
Who is the CEO of Telacu Housing-Rialto Inc?
Michael Lizarraga is the Principal Officer of Telacu Housing-Rialto Inc.
What is the revenue of Telacu Housing-Rialto Inc?
Telacu Housing-Rialto Inc's revenue in 2022 was $714,215.
Who are the executives of Telacu Housing-Rialto Inc and what are their salaries?
- Michael D Lizarraga (President) [Trustee/Director]
- Paul Samuel (Secretary) [Trustee/Director]
- Tom Provencio (Vice President & Treasurer) [Trustee/Director]
- James Hodges (Director)
- Jose Elizondo (Director)
- Alex Sotomayor (Director)
Where can I find the form 990 for Telacu Housing-Rialto Inc?
The Telacu Housing-Rialto Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Telacu Housing-Rialto Inc
Telacu Housing-Rialto Inc, a not-for-profit corporation established under California's not-for-profit statutes, was formed with a specific mission. Its primary objective is to manage a 70-unit housing project named Telacu La Paz, located in Rialto, California. This project is dedicated to providing affordable housing for low-income elderly individuals. To support this mission, Telacu Housing-Rialto Inc receives housing assistance payments from the U.S. Department of Housing and Urban Development, under Section 202 of the National Housing Act, which has been amended. The corporation's commitment to this mission is evident in its provision of safe and affordable living spaces for those who need it most, contributing to a more inclusive and equitable community.
Impact
This information is meant to be a general summary of Telacu Housing-Rialto 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 Inc's impact lies in providing essential housing for low-income elderly persons through its operation of the Telacu La Paz project in Rialto, California. By receiving housing assistance payments from the U.S. Department of Housing and Urban Development, the organization plays a crucial role in addressing the housing needs of a vulnerable population. Through its commitment to ensuring affordable and safe housing for the elderly, Telacu Housing-Rialto Inc contributes significantly to enhancing the quality of life and well-being of individuals in need within the community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$233,901
Organization Details
Founding Year
2004
Phone
(323) 721-1655
Principal Officer
Michael Lizarraga
Main Address
5400 E OLYMPIC BLVD 300, LOS ANGELES, CA, 90022
NTEE Category
Code: L22 - Housing
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