Overview
What is Telacu Housing-Riverside Inc?
Telacu Housing-Riverside Inc is a California-based nonprofit corporation, established to provide housing facilities for low-income elderly individuals. Situated in Riverside, California, the organization operates Telacu Las Fuentes, a 75-unit project dedicated to this purpose. The U.S. Department of Housing and Urban Development provides housing assistance to Telacu Housing-Riverside Inc through Section 202 of the National Housing Act, ensuring that the needs of its elderly residents are met effectively.
Is Telacu Housing-Riverside Inc legitimate?
Telacu Housing-Riverside Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Telacu Housing-Riverside 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
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What is the mission statement of Telacu Housing-Riverside Inc?
Telacu Housing-Riverside Inc is a not-for-profit corporation established under the laws of California. Its primary objective is to manage a housing project, known as Telacu Las Fuentes, which offers affordable living accommodations for low-income elderly individuals. The corporation receives financial assistance from the U.S. Department of Housing and Urban Development, under Section 202 of the National Housing Act, to support its operations. The mission of Telacu Housing-Riverside Inc is to provide a secure living environment for elderly individuals who may otherwise struggle with housing costs, thereby promoting their well-being and independence. The corporation's operations are centered around supporting the needs of this specific demographic, offering them a safe and affordable place to reside.
Who is the CEO of Telacu Housing-Riverside Inc?
Michael Lizarraga is the Principal Officer of Telacu Housing-Riverside Inc.
What is the revenue of Telacu Housing-Riverside Inc?
Telacu Housing-Riverside Inc's revenue in 2022 was $712,511.
Who are the executives of Telacu Housing-Riverside 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-Riverside Inc?
The Telacu Housing-Riverside Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Telacu Housing-Riverside Inc
Telacu Housing-Riverside Inc, a California-based not-for-profit corporation, was established with a specific mission. This organization was formed to manage a 75-unit housing project named Telacu Las Fuentes, situated in Riverside, California. The primary objective of this project is to provide affordable housing for low-income elderly individuals. Telacu Housing-Riverside Inc receives financial assistance from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act, which is amended. This support enables the corporation to maintain and manage the housing project, ensuring that low-income elderly persons have a safe and secure living environment.
Impact
This information is meant to be a general summary of Telacu Housing-Riverside 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-Riverside Inc's impact lies in providing affordable housing for low-income elderly persons in Riverside, California. Through its 75-unit project, Telacu Las Fuentes, the organization offers a crucial service by addressing the housing needs of a vulnerable population. By receiving housing assistance payments from the U.S. Department of Housing and Urban Development, Telacu Housing-Riverside Inc plays a vital role in ensuring that elderly individuals have access to safe and affordable housing options. This contributes to enhancing the quality of life for seniors in the community and supporting their well-being.
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
$226,152
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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