Telacu Housing-Whittier Inc

Telacu Villa Hermosa

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

EIN: 954627700 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Telacu Housing-Whittier Inc?

Telacu Housing-Whittier Inc, established in accordance with California's not-for-profit statutes, is a dedicated organization with a mission to provide housing for low-income elderly individuals. Situated in Whittier, California, the corporation operates a 75-unit project named Telacu Villa Hermosa. This project serves as a home for the elderly, offering them much-needed shelter. The corporation receives financial assistance from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act. The organization's primary focus is on ensuring the well-being and housing needs of this vulnerable population in the community.


Is Telacu Housing-Whittier Inc legitimate?

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

Mission Statement of Telacu Housing-Whittier Inc

Telacu Housing-Whittier Inc, a California-based not-for-profit corporation, was established with a mission to provide housing for low-income elderly individuals. The organization was formed in accordance with the not-for-profit statutes of the state and was given the mandate to manage a 75-unit project named Telacu Villa Hermosa, situated in Whittier, California. This project serves as a home for elderly persons who fall under the low-income category. Telacu Housing-Whittier Inc receives financial assistance to operate this project from the U.S. Department of Housing and Urban Development, under Section 202 of the National Housing Act, which was amended. This support enables the corporation to provide affordable housing solutions to its target demographic, thereby contributing to their well-being and quality of life.

Impact

This information is meant to be a general summary of Telacu Housing-Whittier 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-Whittier Inc's impact lies in providing crucial housing support for low-income elderly individuals in the city of Whittier, California. Through its operation of the 75-unit Telacu Villa Hermosa project, the organization helps ensure that this vulnerable demographic has access to affordable and suitable housing. By receiving housing assistance payments from the U.S. Department of Housing and Urban Development, Telacu Housing-Whittier Inc plays a vital role in meeting the housing needs of the elderly population in the community. This direct impact on the lives of low-income elderly individuals demonstrates the organization's commitment to addressing housing challenges and improving the quality of life for those in need.





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: $1,005
  • Program Service Revenue: $281,256
  • Gross Receipts: $755,316

    • Assets and Liabilities:
  • Total Assets: $2,991,077
  • Total Liabilities: $6,748,321
  • Net Assets: -$3,757,244
  • Programs

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

    RENTAL INCOME

    Revenue

    $281,256

    Organization Details

    Founding Year

    1997

    Principal Officer

    Michael Lizarraga

    Main Address

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

    If you are a representative of Telacu Housing-Whittier 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.