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Telacu Housing-National City Inc

Telacu Southbay Manor

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

EIN: 954397222 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Telacu Housing-National City Inc?

Telacu Housing-National City Inc is a California-based nonprofit corporation, established to address the housing needs of elderly individuals with low income. The organization operates Telacu Southbay Manor, a 76-unit project located in National City, California. This project is specifically designed to provide affordable housing for this demographic. Telacu Housing-National City Inc receives financial aid from the U.S. Department of Housing and Urban Development through Section 202 of the National Housing Act, thereby enabling them to fulfill their mission effectively.


Is Telacu Housing-National City Inc legitimate?

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

Mission Statement of Telacu Housing-National City Inc

Telacu Housing-National City Inc, a California-based not-for-profit corporation, was established with the primary objective of providing housing for elderly individuals with very low incomes. The organization operates a 76-unit project named Telacu Southbay Manor located in National City, California. Telacu Housing-National City Inc receives financial assistance from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act, which is aimed at supporting affordable housing for vulnerable populations. The corporation's mission is to contribute to the well-being of its residents by offering them a safe and comfortable living environment.

Impact

This information is meant to be a general summary of Telacu Housing-National City 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-National City Inc makes a significant impact in providing housing for very low-income elderly persons through its operation of the 76-unit Telacu Southbay Manor project in National City, California. This initiative helps address the critical need for affordable housing for a vulnerable population, ensuring that these individuals have a safe and stable place to live. By receiving housing assistance payments from the U.S. Department of Housing and Urban Development, Telacu Housing-National City Inc plays a crucial role in supporting the well-being and security of elderly individuals facing economic challenges.





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: $793
  • Program Service Revenue: $276,419
  • Gross Receipts: $704,949

    • Assets and Liabilities:
  • Total Assets: $2,698,948
  • Total Liabilities: $5,862,830
  • Net Assets: -$3,163,882
  • Programs

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

    RENTAL INCOME

    Revenue

    $276,419

    Organization Details

    Founding Year

    1992

    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 Housing-National City 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.