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Telacu Housing - Pico Aliso Inc

Telacu Pico Aliso

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

EIN: 311634556 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Telacu Housing - Pico Aliso Inc?

Telacu Housing - Pico Aliso Inc is a California-based nonprofit corporation, established to provide housing for low-income elderly individuals. Located in Los Angeles, California, the organization operates a 75-unit community named Telacu Pico Aliso. This community serves as a sanctuary for elderly residents, receiving financial assistance from the U.S. Department of Housing and Urban Development through Section 202 of the National Housing Act. The mission of Telacu Housing - Pico Aliso Inc is to offer a safe and supportive living environment for its residents, ensuring they can age with dignity and independence.


Is Telacu Housing - Pico Aliso Inc legitimate?

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

Mission Statement of Telacu Housing - Pico Aliso Inc

Telacu Housing - Pico Aliso Inc, a California-based not-for-profit corporation, was established with a mission to provide housing for low-income elderly individuals. The organization was formed in accordance with the state's not-for-profit statutes and operates a 75-unit community, known as Telacu Pico Aliso, located in Los Angeles. Telacu Housing - Pico Aliso Inc receives housing assistance from the U.S. Department of Housing and Urban Development, under Section 202 of the National Housing Act, which is aimed at aiding low-income communities. The corporation's primary purpose is to serve as a safe haven for elderly individuals who are financially disadvantaged, providing them with a suitable living environment.

Impact

This information is meant to be a general summary of Telacu Housing - Pico Aliso 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 - Pico Aliso Inc's impact is evident in providing affordable housing for low-income elderly individuals in Los Angeles, California. They operate a 75-unit community known as Telacu Pico Aliso, offering essential housing assistance under the U.S. Department of Housing and Urban Development's Section 202 program. By fulfilling this critical need, Telacu Housing - Pico Aliso Inc positively contributes to enhancing the quality of life for elderly residents facing financial challenges in accessing suitable housing options.





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: $667
  • Program Service Revenue: $273,114
  • Gross Receipts: $762,504

    • Assets and Liabilities:
  • Total Assets: $2,800,705
  • Total Liabilities: $6,977,902
  • Net Assets: -$4,177,197
  • Programs

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

    RENTAL INCOME

    Revenue

    $273,114

    Organization Details

    Founding Year

    1999

    Principal Officer

    Michael D Lizarraga

    Main Address

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

    NTEE Category

    Code: L21 - Housing

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