FULLER AVENUE SENIOR CITIZEN HOUSING CORPORATION

EIN: 953619036 501(c)(3) Housing & Shelter

LOS ANGELES, CA

Total Revenue
$2,443,855
Total Expenses
$1,316,581
Total Assets
$7,275,232
Net Assets
$6,892,406
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
CA
Principal Officer
MAURICE DOUEK
Phone
3104756083
Tax Period
2025-01-01 to 2025-12-31

FULLER AVENUE SENIOR CITIZEN HOUSING CORPORATION, founded in 1983, is a community nonprofit in the Housing & Shelter sector that reported $2.4M in total revenue in fiscal year 2025. The organization ran a surplus of $1.1M, a strong 46% operating margin.

Mission

FULLER AVENUE SENIOR CITIZEN HOUSING CORPORATION, A CALIFORNIA NONPROFIT CORPORATION WAS FORMED TO OWN AN 89 UNIT RENTAL HOUSING PROJECT FOR THE ELDERLY LOCATED IN LOS ANGELES, CALIFORNIA. THE CORPORATION HAS EXECUTED A REGULATORY AGREEMENT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WHICH GOVERNED THE OPERATION OF THE PROJECT WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE REGULATORY AGREEMENT RESTRICTED THE RENTAL OF THE FACILITY TO LOW INCOME TENANTS FOR A MINIMUM OF 40 YEARS. THE SECTION 202 LOAN WAS PAID IN FULL DURING THE YEAR ENDED DECEMBER 31, 2024. ON SEPTEMBER 16, 2025, THE CORPORATION WAS RELEASED FROM THE TERMS OF THE REGULATORY AGREEMENT.

Program Service Accomplishments

Program 1
Expenses: $1,086,249 Revenue: $408,171

FULLER AVENUE SENIOR CITIZEN HOUSING CORPORATION, A CALIFORNIA NONPROFIT CORPORATION WAS FORMED TO OWN AN 89 UNIT RENTAL HOUSING PROJECT FOR THE ELDERLY LOCATED IN LOS ANGELES, CALIFORNIA. THE...

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FULLER AVENUE SENIOR CITIZEN HOUSING CORPORATION, A CALIFORNIA NONPROFIT CORPORATION WAS FORMED TO OWN AN 89 UNIT RENTAL HOUSING PROJECT FOR THE ELDERLY LOCATED IN LOS ANGELES, CALIFORNIA. THE CORPORATION HAS EXECUTED A REGULATORY AGREEMENT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WHICH GOVERNED THE OPERATION OF THE PROJECT WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE REGULATORY AGREEMENT RESTRICTED THE RENTAL OF THE FACILITY TO LOW INCOME TENANTS FOR A MINIMUM OF 40 YEARS. THE SECTION 202 LOAN WAS PAID IN FULL DURING THE YEAR ENDED DECEMBER 31, 2024. ON SEPTEMBER 16, 2025, THE CORPORATION WAS RELEASED FROM THE TERMS OF THE REGULATORY AGREEMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,975,735
Program Service Revenue $408,171
Investment Income $56,740
Other Revenue $3,209
TOTAL REVENUE $2,443,855

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,086,249
Other Expenses $1,316,581
TOTAL EXPENSES $1,316,581

Year-over-Year Comparison

2025 2024 Change
Revenue $2,443,855 $2,397,113 +0.0%
Expenses $1,316,581 $1,146,361 +0.1%
Net Income $1,127,274 $1,250,752 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HOWARD KATZ PRESIDENT 0.20
Officer Director
$0 $0 $0
SONNY WALLENSKY VICE PRESIDENT 0.20
Officer Director
$0 $0 $0
DR MAURICE DOUEK TREASURER 0.20
Officer Director
$0 $0 $0
RICHARD LICHTENSTEIN SECRETARY 0.20
Officer Director
$0 $0 $0
ELIOT SAMULON DIRECTOR 0.20
Director
$0 $0 $0
ANNE FRIEDRICH DIRECTOR 0.20
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,443,855 $1,316,581 $7,275,232 $1,127,274
2024 $2,397,113 $1,146,361 $6,144,419 $1,250,752
2023 $2,309,279 $1,215,801 $5,340,916 $1,093,478
2022 $2,171,730 $1,254,559 $4,713,110 $917,171
2021 $2,113,949 $1,170,281 $4,099,192 $943,668
2020 $2,069,264 $1,178,218 $3,505,453 $891,046
2019 $1,762,898 $1,080,531 $2,949,047 $682,367
2018 $1,238,778 $1,087,044 $2,519,885 $151,734
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