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Telacu Senior Court Inc

Telacu Senior Court

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

EIN: 954099273 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Telacu Senior Court Inc?

Telacu Senior Court Inc is a California-based nonprofit corporation, established under the state's not-for-profit statutes. Its primary mission is to operate a 75-unit housing project named Telacu Senior Court, situated in Baldwin Park, California. This project provides sheltered living spaces for low-income and very low-income elderly individuals. The organization receives financial assistance from the U.S. Department of Housing and Urban Development, as per Section 202 of the National Housing Act, amended. Telacu Senior Court Inc's purpose is to contribute to the well-being of elderly people by offering them a secure, affordable living environment.


Is Telacu Senior Court Inc legitimate?

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

Mission Statement of Telacu Senior Court Inc

Telacu Senior Court Inc, a California-based not-for-profit corporation, was established with a mission to provide housing for low-income and very low-income elderly individuals. This mission is accomplished through the operation of a 75-unit project known as Telacu Senior Court, situated in the city of Baldwin Park. The organization receives financial assistance from the U.S. Department of Housing and Urban Development, in accordance with Section 202 of the National Housing Act, which is amended. The primary objective of Telacu Senior Court Inc is to offer a secure living environment for the elderly population who may be struggling financially. By doing so, the organization aims to contribute positively to their well-being and overall quality of life.

Impact

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




Sunday, July 21, 2024

Telacu Senior Court Inc's impact can be seen in the provision of affordable housing for low-income and very low-income elderly persons. Through its operation of a 75-unit project in Baldwin Park, California, the organization helps address the housing needs of a vulnerable population. By receiving housing assistance payments from the U.S. Department of Housing and Urban Development, Telacu Senior Court Inc plays a vital role in ensuring these individuals have a safe and stable place to call home. This impact is particularly significant in addressing the challenges faced by elderly individuals with limited financial resources 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: $1,655
  • Program Service Revenue: $255,809
  • Gross Receipts: $1,019,697

    • Assets and Liabilities:
  • Total Assets: $4,605,016
  • Total Liabilities: $5,880,722
  • Net Assets: -$1,275,706
  • Programs

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

    RENTAL INCOME

    Revenue

    $255,809

    Organization Details

    Founding Year

    1987

    Principal Officer

    Michael Lizarraga

    Main Address

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

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Telacu Senior Court 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.