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Telacu Housing-Hawthorne Inc

Telacu Terrace

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

EIN: 954266977 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Telacu Housing-Hawthorne Inc?

Telacu Housing-Hawthorne Inc is a California-based nonprofit corporation established with the intent to provide housing for low-income elderly individuals. Located in Hawthorne, California, the organization operates Telacu Terrace, a 75-unit community that serves as a home for this specific demographic. Funding for this initiative comes from the U.S. Department of Housing and Urban Development, granted under Section 202 of the National Housing Act. The nonprofit's purpose is to facilitate a secure living environment for this community, aiming to improve their quality of life.


Is Telacu Housing-Hawthorne Inc legitimate?

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

Mission Statement of Telacu Housing-Hawthorne Inc

Telacu Housing-Hawthorne Inc, a California-based not-for-profit organization, was established with the primary mission of providing housing for low-income elderly individuals. The corporation operates a 75-unit community known as Telacu Terrace, located in Hawthorne, California. To achieve this mission, Telacu Housing-Hawthorne Inc receives housing assistance payments from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act, which is designed to support such initiatives. The organization's primary goal is to contribute to the well-being of the elderly population by offering them a safe and affordable living space.

Impact

This information is meant to be a general summary of Telacu Housing-Hawthorne 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-Hawthorne Inc's impact lies in its provision of housing for low-income elderly persons in the city of Hawthorne, California. By operating a 75-unit community known as Telacu Terrace and 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. Through its efforts, Telacu Housing-Hawthorne Inc contributes to enhancing the quality of life and well-being of low-income elderly individuals in the community.





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: $1,349
  • Program Service Revenue: $286,005
  • Gross Receipts: $1,076,450

    • Assets and Liabilities:
  • Total Assets: $5,015,506
  • Total Liabilities: $6,625,782
  • Net Assets: -$1,610,276
  • Programs

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

    RENTAL INCOME

    Revenue

    $286,005

    Organization Details

    Founding Year

    1989

    Principal Officer

    Michael Lizarraga

    Main Address

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

    NTEE Category

    Code: T99Z - Philanthropy

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