nonprofit logo

Telacu Housing-Moreno Valley Inc

Telacu Villa

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

EIN: 954266975 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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

For more financial information, click here


What is the mission statement of Telacu Housing-Moreno Valley Inc?
Who is the CEO of Telacu Housing-Moreno Valley Inc?
What is the revenue of Telacu Housing-Moreno Valley Inc?
Who are the executives of Telacu Housing-Moreno Valley Inc and what are their salaries?
Where can I find the form 990 for Telacu Housing-Moreno Valley Inc?

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.

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: $1,263
  • Program Service Revenue: $275,243
  • Gross Receipts: $927,212

    • Assets and Liabilities:
  • Total Assets: $3,853,384
  • Total Liabilities: $5,514,280
  • Net Assets: -$1,660,896
  • 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

    Principal Officer

    Michael Lizarraga

    Main Address

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

    NTEE Category

    Code: L21Z - Housing

    If you are a representative of Telacu Housing-Moreno Valley 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.