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Nonprofit · EIN 06-1803140

TELACU HOUSING-RIVERSIDE II INC

Tax-exempt · COMMERCE, CA 90022

Financials

$674K$939K2023$815K$1M2024
Revenue Expenses · by fiscal year end
Financials of TELACU HOUSING-RIVERSIDE II INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$814,677$1,018,334-$203,657$9,913,559$13,470,923-$3,557,364
December 31, 2023990$673,922$938,585-$264,663$10,128,655$13,482,362-$3,353,707
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$494,750
of which government grants
$494,750
Program service revenue
$288,322
Investment income
$18,869
Other revenue
$12,736

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$9,430
Occupancy
$349,452
Travel
$1,652
Depreciation
$297,915
Program services (functional)
$879,849
Management and general (functional)
$138,485

Balance sheet and other

Total assets, start of year
$10,128,655
Total assets, end of year
$9,913,559
Total liabilities, end of year
$13,470,923
Net assets, end of year
-$3,557,364
Land, buildings and equipment
$8,979,941
Net assets without donor restrictions
-$3,557,364
Gross receipts
$814,677
Employees
0
Volunteers
0
Year formed
2008
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL D LIZARRAGAPRESIDENT
Trustee or director, Officer
0.1$0$2,292,957$41,085
PAUL SAMUELSECRETARY
Trustee or director, Officer
0.1$0$992,211$39,722
TOM PROVENCIOVICE PRESIDENT & TREASURER
Trustee or director, Officer
0.1$0$267,469$18,761
JAMES HODGESDIRECTOR
Trustee or director
0.1$0$36,000$0
JOSE ELIZONDODIRECTOR
Trustee or director
0.1$0$25,640$0
ALEX SOTOMAYORDIRECTOR
Trustee or director
0.1$0$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL D LIZARRAGAPRESIDENT
Trustee or director, Officer
0.1$0$2,093,190$36,963
PAUL SAMUELSECRETARY
Trustee or director, Officer
0.1$0$992,373$35,139
TOM PROVENCIOVICE PRESIDENT & TREASURER
Trustee or director, Officer
0.1$0$259,729$16,626
JAMES HODGESDIRECTOR
Trustee or director
0.1$0$36,000$0
JOSE ELIZONDODIRECTOR
Trustee or director
0.1$0$25,640$0
ALEX SOTOMAYORDIRECTOR
Trustee or director
0.1$0$0$0

Address and contacts

Address (IRS master file)
5400 E OLYMPIC BLVD STE 300, COMMERCE, CA 90022-5187
In care of
% TOM PROVENCIO
Principal officer (990 for 2024)
MICHAEL LIZARRAGA, 5400 E OLYMPIC BLVD 300, LOS ANGELES, CA 90022
Signed the 990
TOM PROVENCIO, TREASURER
Phone
(323) 721-1655
Return prepared by
DAUBY O'CONNOR & ZALESKI LLC

California records

California keeps its own records of charities and corporations. Search them by EIN 06-1803140 or by the name TELACU HOUSING-RIVERSIDE II INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TELACU HOUSING-RIVERSIDE 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 CONSTRUCTING, OWNING, AND OPERATING A 75 UNIT PROJECT KNOWN AS TELACU EL PASEO LOCATED IN RIVERSIDE, CALIFORNIA, WHICH PROVIDES HOUSING FOR 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.

990 for the year ended December 31, 2024

Program accomplishments

  • TELACU HOUSING-RIVERSIDE 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 CONSTRUCTING, OWNING, AND OPERATING A 75 UNIT PROJECT KNOWN AS TELACU EL PASEO LOCATED IN RIVERSIDE, CALIFORNIA, WHICH PROVIDES HOUSING FOR LOW-INCOME ELDERLY PERSONS, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
    Expenses $879,849 · revenue $288,322

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
06-1803140
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,913,559
Income (IRS master file)
$814,677

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$814,677$1,018,334$9,913,559XML
990December 2023$673,922$938,585$10,128,655XML
990December 2022$691,203$909,053$10,357,219IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1803140).

Questions about TELACU HOUSING-RIVERSIDE II INC

What is the EIN of TELACU HOUSING-RIVERSIDE II INC?
The employer identification number (EIN) of TELACU HOUSING-RIVERSIDE II INC is 06-1803140.
Is TELACU HOUSING-RIVERSIDE II INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to TELACU HOUSING-RIVERSIDE II INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TELACU HOUSING-RIVERSIDE II INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TELACU HOUSING-RIVERSIDE II INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TELACU HOUSING-RIVERSIDE II INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TELACU HOUSING-RIVERSIDE II INC?
The 990 for the year ended December 31, 2024 names MICHAEL LIZARRAGA.
Who are the officers and directors of TELACU HOUSING-RIVERSIDE II INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does TELACU HOUSING-RIVERSIDE II INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $814,677, expenses of $1,018,334 and total assets of $9,913,559 at year end.

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