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Telacu Affordable Housing Ii Inc

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

EIN: 800062565 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Telacu Affordable Housing Ii Inc?

Telacu Affordable Housing II Inc. is a nonprofit organization dedicated to providing affordable housing for lower income households. They operate as a managing general partner in limited partnerships, leveraging the Low Income Housing Tax Credit to facilitate their mission. Their primary goal is to ensure that these housing solutions are accessible, benefiting numerous families in need. While the information provided does not detail specific programs or initiatives, it is clear that Telacu Affordable Housing II Inc. is committed to making a positive impact in their community by addressing the pressing issue of affordable housing.

Is Telacu Affordable Housing Ii Inc legitimate?

Telacu Affordable Housing Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Telacu Affordable Housing Ii Inc submitted a form 990EZ, 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.

What is the mission statement of Telacu Affordable Housing Ii Inc?

Telacu Affordable Housing II Inc. was established with a mission to offer charitable housing solutions. The organization serves as the managing general partner in various limited partnerships, primarily focused on providing housing opportunities for lower-income households. Through these partnerships, they participate in low-income Housing Tax Credit initiatives.

Who is the CEO of Telacu Affordable Housing Ii Inc?

Unavailable The CEO's salary of Telacu Affordable Housing Ii Inc is $0 and their total compensation is $0.

What is the revenue of Telacu Affordable Housing Ii Inc?

Telacu Affordable Housing Ii Inc's revenue in 2022 was $77,391.

Who are the executives of Telacu Affordable Housing Ii Inc and what are their salaries?


Here are 3 key members and their salaries (Telacu Affordable Housing Ii Inc's CEO's salary is $0 and their total compensation is $0):


Jasmine Borrego (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Samuel (Cfo/Sec/Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael D Lizarraga (Pres/Ceo/Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Telacu Affordable Housing Ii Inc?

Telacu Affordable Housing Ii Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Telacu Affordable Housing Ii Inc

Telacu Affordable Housing II Inc, as a charitable organization, was established with a mission to serve as a managing general partner in limited partnerships. Its primary goal is to provide affordable housing for lower income households, contributing to the betterment of their living conditions. The organization engages in low income Housing tax credit partnerships, acting as a key player in these ventures. By doing so, Telacu Affordable Housing II Inc aims to make a significant impact on the lives of those who may not otherwise have access to adequate housing. Through these partnerships, the organization strives to create sustainable housing solutions that cater to the needs of the community.

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Impact




August, 2024

Telacu Affordable Housing II Inc's impact lies in its dedication to providing charitable housing for lower-income households. By serving as a managing general partner in limited partnerships, this organization plays a crucial role in facilitating access to affordable housing options for those in need. Through its involvement in low-income housing tax credit partnerships, Telacu Affordable Housing II Inc helps to address the pressing issue of housing affordability in the community.




This information is meant to be a general summary of Telacu Affordable Housing Ii Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$77,391 (2022)
Expenses
$87,587 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $377
  • Gross Receipts: $77,391

Assets and Liabilities:

  • Total Assets: $465,764
  • Total Liabilities: $14
  • Net Assets: $465,750

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Organization Details

Main Address

5400 EAST OLYMPIC BOULEVARD 300, LOS ANGELES, CA, 90022

NTEE Category

Code: L21 - Housing

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