Overview

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Est.

1993

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

TELACU HOUSING-COMMERCE II INC is a not-for-profit organization focused on housing development, operating a 24-unit community known as TELACU GARDENS in Commerce, California, which provides housing for the handicapped. With an operating budget of $434.5K and total revenue of $358K for the filing year 2024, the organization receives housing assistance payments from the U.S. Department of Housing and Urban Development under Section 811 of the National Housing Act.

Mission Statement

TELACU HOUSING - COMMERCE II, 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 24 UNIT COMMUNITY KNOWN AS TELACU GARDENS LOCATED IN THE CITY OF COMMERCE, CALIFORNIA, WHICH PROVIDES HOUSING FOR THE HANDICAPPED. THE CORPORATION RECEIVES HOUSING ASSISTANCE PAYMENTS FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 811 OF THE NATIONAL HOUSING ACT, AS AMENDED.
Revenues
$358K
Expenses
$434.5K
Net Income:
-$76.6K
Assets
$696.3K
Liabilities
$2.2M
Net Assets:
-$1.5M
Operating Budget
$434.5K
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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T
Tom Provencio
Board Member
P
Paul Samuel
Board Member
M
Michael D Lizarraga
Board Member

Frequently Asked Questions

What is TELACU HOUSING-COMMERCE II INC’s budget?
In 2024, TELACU HOUSING-COMMERCE II INC reported an annual operating budget of around $435 thousand. More detailed financial information is available to registered users.
What causes does TELACU HOUSING-COMMERCE II INC support?
TELACU HOUSING-COMMERCE II INC supports work in Housing development.
Where does TELACU HOUSING-COMMERCE II INC operate?
TELACU HOUSING-COMMERCE II INC is headquartered in Los Angeles, CA.
What is TELACU HOUSING-COMMERCE II INC’s reliance on government grants?
TELACU HOUSING-COMMERCE II INC relied on government grants for more than 65% of their total revenue in 2024.