TELACU RESIDENTIAL MANAGEMENT INC (EIN 954524072) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

JASMINE BORREGO

Phone

3237211655

Tax Period

2024-01-01 to 2024-12-31

TELACU RESIDENTIAL MANAGEMENT INC, founded in 1995, is a community nonprofit in the Housing & Shelter sector that reported $7.4M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $6.7M left a modest 11% surplus.

Mission

MANAGEMENT OF PROJECTS RELATED TO LOW INCOME HOUSING FOR THE DISABLED AND ELDERLY (HUD PROJECTS) PURSUANT TO SECTION 202 AND 811 OF THE NATIONAL HOUSING ACT, AS AMENDED. CORPORATION HAS RECEIVED CERTIFICATION FOR MANAGEMENT OF MULTIFAMILY HOUSING PROJECTS FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,969,165

Investment Income $205

Other Revenue $2,476,640

TOTAL REVENUE $7,446,010

Expense Breakdown

Grants Paid $5,116

Salaries & Benefits $5,462,214

Fundraising Expenses $0

Program Expenses $6,174,034

Other Expenses $1,195,886

TOTAL EXPENSES $6,663,216

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,446,010	$6,590,611	+0.1%
Expenses	$6,663,216	$6,013,670	+0.1%
Net Income	$782,794	$576,941	+0.4%

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

Governance

Voting Members

Independent Members

N/A

Employees

180

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

$3,661,892

Total Directors

$3,661,892

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL LIZARRAGA	CHAIRMAN/DIRECTOR	0.10	Officer Director	$0	$41,086	$2,334,043
JASMINE BORREGO	PRESIDENT/DIRECTOR	48.00	Officer Director	$288,032	$7,884	$295,916
PAUL SAMUEL	CFO/SECRETARY/DIRECTOR	0.10	Officer Director	$0	$39,722	$1,031,933
CHRISTIEN TRAN	VP OF ACCOUNTING	48.00	Highest	$195,534	$4,588	$200,122
ANGELIQUE D'SILVA-WILLIAMS	VP OF COMPLIANCE & STRATEG	48.00	Highest	$160,661	$35,361	$196,022
MICHELLE CUEVAS	VP OF CORPORATE ADMIN	48.00	Highest	$132,444	$12,992	$145,436
VEBBY FRANSISKA G KWEE	CONTROLLER	48.00	Highest	$129,511	$6,054	$135,565
SYLVIA THERESA MCCANN	VP OF ASSET MANAGEMENT	48.00	Highest	$126,282	$27,673	$153,955

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	$7,446,010	$6,663,216	$5,302,632	$782,794
2023	$6,590,611	$6,013,670	$5,317,565	$576,941
2022	$5,802,034	$5,702,534	$3,790,287	$99,500
2021	$5,082,528	$5,176,986	$3,594,774	$-94,458
2020	$4,929,217	$4,937,006	$3,809,491	$-7,789
2019	$4,619,665	$4,611,825	$3,783,678	$7,840
2018	$4,491,635	$4,323,313	$3,748,030	$168,322

TELACU RESIDENTIAL MANAGEMENT INC