TELACU HOUSING-COMMERCE II INC

EIN: 954434736 501(c)(3)

LOS ANGELES, CA

Total Revenue
$357,972
Total Expenses
$434,532
Total Assets
$696,280
Net Assets
$-1,456,265
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
CA
Principal Officer
MICHAEL LIZARRAGA
Phone
3237211655
Tax Period
2024-01-01 to 2024-12-31

TELACU HOUSING-COMMERCE II INC, founded in 1993, is a small nonprofit that reported $358K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $435K exceeded revenue, resulting in a 21% operating deficit.

Mission

TELACU HOUSING - COMMERCE 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 OPERATING A 24 UNIT COMMUNITY KNOWN AS TELACU GARDENS LOCATED IN THE CITY OF COMMERCE, CALIFORNIA, WHICH PROVIDES HOUSING FOR THE HANDICAPPED. THE CORPORATION RECEIVES HOUSING ASSISTANCE PAYMENTS FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 811 OF THE NATIONAL HOUSING ACT, AS AMENDED.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $247,182
Program Service Revenue $106,435
Investment Income $298
Other Revenue $4,057
TOTAL REVENUE $357,972

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $388,109
Other Expenses $434,532
TOTAL EXPENSES $434,532

Year-over-Year Comparison

2024 2023 Change
Revenue $357,972 $324,192 +0.1%
Expenses $434,532 $390,514 +0.1%
Net Income $-76,560 $-66,322 +0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

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 $357,972 $434,532 $696,280 $-76,560
2023 $324,192 $390,514 $768,708 $-66,322
2022 $330,265 $377,018 $825,225 $-46,753
2021 $314,060 $365,687 $868,450 $-51,627
2020 $313,945 $342,615 $901,710 $-28,670
2019 $319,927 $362,811 $957,640 $-42,884
2018 $325,564 $355,387 $998,984 $-29,823
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare TELACU HOUSING-COMMERCE II INC with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.