Telacu Housing-Pasadena Inc

Telacu Courtyard

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

EIN: 954507153 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Telacu Housing-Pasadena Inc?

Telacu Housing-Pasadena Inc is a California-based nonprofit corporation, established with the intent to provide housing for very low-income elderly individuals. The organization operates Telacu Courtyard, a 70-unit community situated in Pasadena, California. This community serves as a sanctuary for the elderly, offering them a place to reside. Telacu Housing-Pasadena Inc receives financial support in the form of housing assistance payments from the U.S. Department of Housing and Urban Development, as per Section 202 of the National Housing Act. This funding helps towards the upkeep and maintenance of the community, ensuring that elderly residents can live comfortably.


Is Telacu Housing-Pasadena Inc legitimate?

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

Mission Statement of Telacu Housing-Pasadena Inc

Telacu Housing-Pasadena Inc, a California-based non-profit corporation, was established with a noble mission. Its primary objective is to operate a residential community, known as Telacu Courtyard, catering to the housing needs of elderly individuals with low income. This 70-unit complex, located in Pasadena, California, serves as a sanctuary for this specific demographic. The organization receives financial assistance from the U.S. Department of Housing and Urban Development, under Section 202 of the National Housing Act, which is amended. This support enables Telacu Housing-Pasadena Inc to provide affordable housing solutions to its residents, thereby contributing positively to the community.

Impact

This information is meant to be a general summary of Telacu Housing-Pasadena 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-Pasadena Inc provides essential housing for very low-income elderly individuals in Pasadena, California. By operating the Telacu Courtyard community, this organization ensures that these vulnerable individuals have a safe and dignified place to live. Telacu Housing-Pasadena Inc's impact is evident in its direct support for those in need of affordable housing, contributing to the well-being and security of the elderly population 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: $244
  • Program Service Revenue: $218,127
  • Gross Receipts: $698,360

    • Assets and Liabilities:
  • Total Assets: $2,836,233
  • Total Liabilities: $7,630,598
  • Net Assets: -$4,794,365
  • Programs

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

    RENTAL INCOME

    Revenue

    $218,127

    Organization Details

    Founding Year

    1994

    Principal Officer

    Michael Lizarraga

    Main Address

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

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Telacu Housing-Pasadena 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.