Overview
What is Telacu Housing-Moreno Valley Inc?
Telacu Housing-Moreno Valley Inc is a nonprofit corporation established in compliance with California's not-for-profit laws. Its primary mission is to manage a 75-unit housing project named Telacu Villa, situated in Moreno Valley, California. This project is specifically designed to provide affordable living accommodations for low-income elderly individuals. Telacu Housing-Moreno Valley Inc receives financial assistance from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act, enabling it to fulfill its crucial role in the community.
Is Telacu Housing-Moreno Valley Inc legitimate?
Telacu Housing-Moreno Valley Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Telacu Housing-Moreno Valley 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-Moreno Valley Inc?
Telacu Housing-Moreno Valley Inc is a not-for-profit corporation established in accordance with California's not-for-profit statutes. Its primary purpose is to manage a 75-unit housing project named Telacu Villa, which is situated in Moreno Valley, California. This project is designed to provide affordable housing 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 facilitate this mission. In essence, Telacu Housing-Moreno Valley Inc is dedicated to offering housing solutions for the elderly with limited income.
Who is the CEO of Telacu Housing-Moreno Valley Inc?
Michael Lizarraga is the Principal Officer of Telacu Housing-Moreno Valley Inc.
What is the revenue of Telacu Housing-Moreno Valley Inc?
Telacu Housing-Moreno Valley Inc's revenue in 2022 was $927,212.
Who are the executives of Telacu Housing-Moreno Valley 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-Moreno Valley Inc?
The Telacu Housing-Moreno Valley Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Telacu Housing-Moreno Valley Inc
Telacu Housing-Moreno Valley Inc, a not-for-profit corporation, was established with the mission to provide housing for low-income elderly individuals. Formed in accordance with California's not-for-profit statutes, this organization operates a 75-unit project named Telacu Villa, situated in Moreno Valley, California. The corporation's mission is fulfilled through the receipt of housing assistance payments from the U.S. Department of Housing and Urban Development, under Section 202 of the National Housing Act, which is amended. By offering a secure living environment for the elderly with limited income, Telacu Housing-Moreno Valley Inc plays a significant role in ensuring the comfort and well-being of this vulnerable population.
Impact
This information is meant to be a general summary of Telacu Housing-Moreno Valley Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Sunday, July 21, 2024
Telacu Housing-Moreno Valley Inc's impact lies in providing essential housing services to low-income elderly individuals in Moreno Valley, California. Through their operation of the Telacu Villa project, they offer a vital resource for this vulnerable population, ensuring they have a safe and affordable place to live. By receiving housing assistance payments from the U.S. Department of Housing and Urban Development, Telacu Housing-Moreno Valley Inc enables elderly individuals to maintain their independence and quality of life. Their work directly addresses the pressing need for affordable housing options among this demographic, making a tangible difference in the lives of those they serve.
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
$275,243
Organization Details
Founding Year
1989
Phone
(323) 721-1655
Principal Officer
Michael Lizarraga
Main Address
5400 E OLYMPIC BLVD 300, LOS ANGELES, CA, 90022
NTEE Category
Code: L21Z - Housing
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