TELACU SENIOR HOUSING OF LOS ANGELES COUNTY

EIN: 954108620 501(c)(3) Housing & Shelter

LOS ANGELES, CA

Total Revenue
$1,206,114
Total Expenses
$1,106,605
Total Assets
$4,012,117
Net Assets
$-1,817,797
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
CA
Principal Officer
MICHAEL LIZARRAGA
Phone
3237211655
Tax Period
2024-01-01 to 2024-12-31

TELACU SENIOR HOUSING OF LOS ANGELES COUNTY, founded in 1987, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 8% surplus.

Mission

TELACU SENIOR HOUSING OF LOS ANGELES COUNTY, 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 CASA TELACU LOCATED IN THE CITY OF LOS ANGELES, 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.

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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 (2024)

Revenue Breakdown

Contributions & Grants $892,990
Program Service Revenue $302,193
Investment Income $7,060
Other Revenue $3,871
TOTAL REVENUE $1,206,114

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $998,934
Other Expenses $1,106,605
TOTAL EXPENSES $1,106,605

Year-over-Year Comparison

2024 2023 Change
Revenue $1,206,114 $1,102,359 +0.1%
Expenses $1,106,605 $989,602 +0.1%
Net Income $99,509 $112,757 -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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
1
Employees
N/A
Volunteers
N/A

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
3
$3,652,205
Total Directors
6
$3,713,845
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL D LIZARRAGA PRESIDENT 0.10
Officer Director
$0 $41,085 $2,334,042
TOM PROVENCIO VICE PRESIDENT & TREASURER 0.10
Officer Director
$0 $18,761 $286,230
PAUL SAMUEL SECRETARY 0.10
Officer Director
$0 $39,722 $1,031,933
JOSE ELIZONDO DIRECTOR 0.10
Director
$0 $0 $25,640
ALEX SOTOMAYOR DIRECTOR 0.10
Director
$0 $0 $0
JAMES HODGES DIRECTOR 0.10
Director
$0 $0 $36,000
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
2024 $1,206,114 $1,106,605 $4,012,117 $99,509
2023 $1,102,359 $989,602 $4,074,224 $112,757
2022 $1,070,707 $952,672 $4,082,134 $118,035
2021 $1,050,448 $1,104,123 $4,148,230 $-53,675
2020 $1,044,676 $1,081,599 $4,216,820 $-36,923
2019 $1,024,076 $1,122,253 $4,393,861 $-98,177
2018 $1,004,150 $1,109,421 $4,590,115 $-105,271
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