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Telacu Housing-Pomona Ii Inc

Telacu La Esperanza

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

EIN: 412205332 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Telacu Housing-Pomona Ii Inc?

Telacu Housing-Pomona II Inc is a California-based nonprofit corporation, dedicated to providing housing solutions for elderly individuals with low incomes. Located at 5400 E Olympic Blvd in Los Angeles, the organization operates the Telacu Las Esperanza project, a 70-unit complex in Pomona, California. This project serves as a home for the elderly, receiving financial assistance from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act. The nonprofit's mission is to provide a supportive living environment, promoting the well-being of its residents and contributing positively to the community.


Is Telacu Housing-Pomona Ii Inc legitimate?

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

Mission Statement of Telacu Housing-Pomona Ii Inc

Telacu Housing-Pomona II Inc, a not-for-profit corporation, was established with the mission of providing housing for elderly individuals with very low income. Situated in California, this organization operates a 70-unit project named Telacu Las Esperanza. The corporation receives financial assistance from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act, which aids in its mission of providing affordable housing solutions for this specific demographic. Telacu Housing-Pomona II Inc is committed to making a positive impact on the lives of the elderly, ensuring they have a safe and comfortable living environment.

Impact

This information is meant to be a general summary of Telacu Housing-Pomona Ii 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 II Inc's impact is significant as it provides housing for very low-income elderly persons in Pomona, California through its 70-unit housing project known as Telacu Las Esperanza. 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. Their work contributes to improving the quality of life and well-being of elderly individuals who might otherwise struggle to find affordable and safe 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: $505
  • Program Service Revenue: $276,242
  • Gross Receipts: $617,244

    • Assets and Liabilities:
  • Total Assets: $7,092,481
  • Total Liabilities: $12,348,537
  • Net Assets: -$5,256,056
  • Programs

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

    RENTAL INCOME

    Revenue

    $276,242

    Organization Details

    Founding Year

    2006

    Principal Officer

    Michael Lizarraga

    Main Address

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

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Telacu Housing-Pomona 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.