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Telacu Manor Inc

Telacu Manor

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

EIN: 954072123 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Telacu Manor Inc?

Telacu Manor Inc is a California-based nonprofit organization, established in accordance with the state's not-for-profit statutes. Its primary purpose is to operate a 75-unit community named Telacu Manor located in Commerce, California. This community serves as affordable housing for low-income elderly individuals. 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 aimed at providing housing solutions for such populations. Telacu Manor Inc is committed to offering a supportive living environment for its residents, contributing to the well-being of elderly individuals in the community.


Is Telacu Manor Inc legitimate?

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

Mission Statement of Telacu Manor Inc

Telacu Manor Inc, a California-based not-for-profit corporation, was established with a mission to serve the needs of low-income elderly individuals. This organization is dedicated to operating a 75-unit community known as Telacu Manor, located in Commerce, California. The core purpose of Telacu Manor Inc is to provide safe and affordable housing for this specific demographic. The corporation receives financial assistance from the U.S. Department of Housing and Urban Development, under Section 202 of the National Housing Act, which is amended to support such initiatives. By doing so, Telacu Manor Inc contributes to the well-being of its elderly residents, offering them a secure and comfortable living environment.

Impact

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




Sunday, July 21, 2024

Telacu Manor Inc's impact is significant in providing housing for low-income elderly persons. Operating a 75-unit community in Commerce, California, this organization offers a crucial service by ensuring that vulnerable individuals have a safe and affordable place to live. By receiving housing assistance payments from the U.S. Department of Housing and Urban Development, Telacu Manor Inc plays a vital role in supporting the well-being and stability of the elderly population 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: $1,046
  • Program Service Revenue: $305,967
  • Gross Receipts: $994,160

    • Assets and Liabilities:
  • Total Assets: $3,715,446
  • Total Liabilities: $5,229,001
  • Net Assets: -$1,513,555
  • Programs

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

    RENTAL INCOME

    Revenue

    $305,967

    Organization Details

    Founding Year

    1986

    Principal Officer

    Michael Lizarraga

    Main Address

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

    NTEE Category

    Code: L21Z - Housing

    If you are a representative of Telacu Manor 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.