Overview

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Est.

2002

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

TELACU HOUSING-SAN BERNARDINO III INC is a nonprofit organization based in San Bernardino, California, dedicated to providing retirement housing for very low-income elderly individuals through its 75-unit community known as Buena Vista. With an operating budget of $958.6K and total revenue of $795.5K for the 2024 filing year, the organization receives housing assistance payments from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act. TELACU HOUSING does not rely on a single funder for 50% or more of its revenue.

Mission Statement

TELACU HOUSING-SAN BERNARDINO III, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF CALIFORNIA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 75 UNIT COMMUNITY KNOWN AS BUENA VISTA LOCATED IN SAN BERNARDINO, CALIFORNIA, WHICH PROVIDES HOUSING FOR VERY LOW-INCOME ELDERLY PERSONS. THE CORPORATION RECEIVES HOUSING ASSISTANCE PAYMENTS FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
Revenues
$795.5K
Expenses
$958.6K
Net Income:
-$163.1K
Assets
$5.8M
Liabilities
$9.1M
Net Assets:
-$3.3M
Operating Budget
$958.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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P
Paul Samuel
Board Member
M
Michael D Lizarraga
Board Member
J
James Hodges
Board Member

Frequently Asked Questions

What is TELACU HOUSING-SAN BERNARDINO III INC’s budget?
In 2024, TELACU HOUSING-SAN BERNARDINO III INC reported an annual operating budget of around $959 thousand. More detailed financial information is available to registered users.
What causes does TELACU HOUSING-SAN BERNARDINO III INC support?
TELACU HOUSING-SAN BERNARDINO III INC supports work in Retirement housing.
Where does TELACU HOUSING-SAN BERNARDINO III INC operate?
TELACU HOUSING-SAN BERNARDINO III INC is headquartered in Los Angeles, CA.
What is TELACU HOUSING-SAN BERNARDINO III INC’s reliance on government grants?
TELACU HOUSING-SAN BERNARDINO III INC relied on government grants for more than 60% of their total revenue in 2024.