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Nonprofit · EIN 30-0232525

TELACU HOUSING-RIVERSIDE INC

Tax-exempt · COMMERCE, CA 90022

Financials

$845K$1M2024
Revenue Expenses · by fiscal year end
Financials of TELACU HOUSING-RIVERSIDE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$844,699$1,028,720-$184,021$6,470,970$9,686,097-$3,215,127
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$551,790
of which government grants
$551,790
Program service revenue
$278,963
Investment income
$11,206
Other revenue
$2,740

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
$370,801
Travel
$1,747
Depreciation
$239,865
Program services (functional)
$882,811
Management and general (functional)
$145,909

Balance sheet and other

Total assets, start of year
$6,655,492
Total assets, end of year
$6,470,970
Total liabilities, end of year
$9,686,097
Net assets, end of year
-$3,215,127
Land, buildings and equipment
$5,887,725
Net assets without donor restrictions
-$3,215,127
Gross receipts
$844,699
Employees
0
Volunteers
0
Year formed
2004
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

Address and contacts

Address (IRS master file)
5400 E OLYMPIC BLVD STE 300, COMMERCE, CA 90022-5187
In care of
% TOM F 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

Mission

TELACU HOUSING - RIVERSIDE, 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 PROJECT KNOWN AS TELACU LAS FUENTES 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, 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 PROJECT KNOWN AS TELACU LAS FUENTES 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.
    Expenses $882,811 · revenue $278,963

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
30-0232525
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
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,470,970
Income (IRS master file)
$844,699

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$747,736$952,377$6,655,492IRS
990December 2022$712,511$926,291$6,870,392IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about TELACU HOUSING-RIVERSIDE INC

What is the EIN of TELACU HOUSING-RIVERSIDE INC?
The employer identification number (EIN) of TELACU HOUSING-RIVERSIDE INC is 30-0232525.
Is TELACU HOUSING-RIVERSIDE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to TELACU HOUSING-RIVERSIDE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TELACU HOUSING-RIVERSIDE 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 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 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 INC?
The 990 for the year ended December 31, 2024 names MICHAEL LIZARRAGA.
Who are the officers and directors of TELACU HOUSING-RIVERSIDE 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 INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $844,699, expenses of $1,028,720 and total assets of $6,470,970 at year end.

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