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Nonprofit · EIN 27-3924066

TELACU HOUSING RIALTO III INC

Tax-exempt · COMMERCE, CA 90022

Financials

$737K$1.1M2023$879K$1.2M2024
Revenue Expenses · by fiscal year end
Financials of TELACU HOUSING RIALTO III INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$878,700$1,197,014-$318,314$11,260,416$15,096,148-$3,835,732
December 31, 2023990$737,052$1,107,027-$369,975$11,609,062$15,126,480-$3,517,418
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$561,875
of which government grants
$561,875
Program service revenue
$309,634
Investment income
$1,015
Other revenue
$6,176

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$963
Accounting fees
$9,430
Occupancy
$458,766
Travel
$1,602
Depreciation
$344,339
Program services (functional)
$1,038,437
Management and general (functional)
$158,577

Balance sheet and other

Total assets, start of year
$11,609,062
Total assets, end of year
$11,260,416
Total liabilities, end of year
$15,096,148
Net assets, end of year
-$3,835,732
Land, buildings and equipment
$10,773,859
Net assets without donor restrictions
-$3,835,732
Gross receipts
$878,700
Employees
0
Volunteers
0
Year formed
2010
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 900225187
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 27-3924066 or by the name TELACU HOUSING RIALTO III INC.

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

Mission

TELACU HOUSING-RIALTO 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 CONSTRUCTING, OWNING, AND OPERATING A 75 UNIT APARTMENT COMMUNITY IN RIALTO, CALIFORNIA, KNOWN AS TELACU RIO ALTO APARTMENTS, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959, AS AMENDED.

990 for the year ended December 31, 2024

Program accomplishments

  • TELACU HOUSING-RIALTO 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 CONSTRUCTING, OWNING, AND OPERATING A 75 UNIT APARTMENT COMMUNITY IN RIALTO, CALIFORNIA, KNOWN AS TELACU RIO ALTO APARTMENTS, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959, AS AMENDED.
    Expenses $1,038,437 · revenue $309,634

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
27-3924066
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
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,260,416
Income (IRS master file)
$878,700

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$878,700$1,197,014$11,260,416XML
990December 2023$737,052$1,107,027$11,609,062XML
990December 2022$734,053$1,098,823$11,972,458IRS
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 27-3924066).

Questions about TELACU HOUSING RIALTO III INC

What is the EIN of TELACU HOUSING RIALTO III INC?
The employer identification number (EIN) of TELACU HOUSING RIALTO III INC is 27-3924066.
Is TELACU HOUSING RIALTO III INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to TELACU HOUSING RIALTO III INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TELACU HOUSING RIALTO III 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 RIALTO III 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 RIALTO III 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 RIALTO III INC?
The 990 for the year ended December 31, 2024 names MICHAEL LIZARRAGA.
Who are the officers and directors of TELACU HOUSING RIALTO III 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 RIALTO III INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $878,700, expenses of $1,197,014 and total assets of $11,260,416 at year end.

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