Overview
What is Telacu Housing-Monterey Hills Inc?
Telacu Housing-Monterey Hills Inc is a California-based nonprofit corporation, established in accordance with the state's not-for-profit laws. Its purpose is to manage a 100-unit residential community named Telacu Vistas del Sol, situated in Los Angeles, California. The community primarily houses low-income elderly individuals. Telacu Housing-Monterey Hills Inc receives financial assistance from the U.S. Department of Housing and Urban Development, under Section 202 of the National Housing Act, to support its mission. The organization's primary focus revolves around providing affordable housing for this specific demographic.
Is Telacu Housing-Monterey Hills Inc legitimate?
Telacu Housing-Monterey Hills Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Telacu Housing-Monterey Hills 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
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Mission Statement of Telacu Housing-Monterey Hills Inc
Telacu Housing-Monterey Hills Inc, a not-for-profit corporation established in accordance with California's not-for-profit statutes, was formed with a mission to provide housing for low-income elderly individuals. The organization operates a 100-unit community known as Telacu Vistas del Sol, located in Los Angeles, California. Telacu Housing-Monterey Hills Inc receives housing assistance payments from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act, which is intended to support such initiatives. The corporation's purpose is to create a supportive living environment for elderly individuals who may have limited financial resources, enabling them to maintain their independence and dignity in their later years.
Impact
This information is meant to be a general summary of Telacu Housing-Monterey Hills 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-Monterey Hills Inc's impact is focused on providing housing for low-income elderly persons in the city of Los Angeles through its community known as Telacu Vistas Del Sol. This initiative helps address the housing needs of a vulnerable population, ensuring they have a safe and affordable place to live. By receiving housing assistance payments from the U.S. Department of Housing and Urban Development, Telacu Housing-Monterey Hills Inc is able to support individuals who may otherwise struggle to find suitable housing options. Ultimately, the organization's efforts contribute to enhancing the quality of life for low-income elderly individuals in the Los Angeles area.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$349,989
Organization Details
Founding Year
1992
Phone
(323) 721-1655
Principal Officer
Michael Lizarraga
Main Address
5400 E OLYMPIC BLVD 300, LOS ANGELES, CA, 90022
NTEE Category
Code: L22 - Housing
If you are a representative of Telacu Housing-Monterey Hills 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.