Telacu Residential Management Inc

Commerce, CA
Tax-exempt since March 1998
EIN: 95-4524072

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter / Management & Technical Assistance (NTEE)

Donations to this organization are tax deductible.

Revenue

$6.59M (2023)

Expenses

$6.01M (2023)

Total Assets

$5.32M (2023)

Total Liabilities

$1.51M (2023)

Source: Form 990 tax filings from 2010 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$6,590,611

Expenses

$6,013,670

Net Income

$576,941

Net Assets

$3,805,345

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$4,464,106	67.7%
Investment Income	$203	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$175,604
Net Inventory Sales	$0
Other Revenue	$2,301,906	34.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$251,689	4.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,902,659	64.9%

Assets/Debt
Total Assets	$5,317,565
Total Liabilities	$1,512,220
Net Assets	$3,805,345

Compensation

Key Employees and Officers	Compensation	Related	Other
Jasmine Borrego (President/Director)	$251,689	$0	$7,652
Christien Tran (Vp Of Accounting)	$189,583	$0	$4,500
Angelique D'silva Williams (Vp Of Compliance & Strategy)	$145,966	$0	$29,953
Vebby Fransiska G Kwee (Controller)	$126,325	$0	$3,629
Michelle Cuevas (Vp Of Corporate Admin)	$123,424	$0	$11,933
Sylvia Theresa Mccann (Vp Of Asset Management)	$117,151	$0	$23,732
Michael Lizarraga (Chairman/Director)	$0	$2,093,190	$36,963
Paul Samuel (Cfo/Secretary/Director)	$0	$992,373	$35,139

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990

Filed on Nov. 8, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$5,802,034

Expenses

$5,702,534

Net Income

$99,500

Net Assets

$3,222,898

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$4,314,845	74.4%
Investment Income	$202	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,000	0.0%
Net Inventory Sales	$0
Other Revenue	$1,485,987	25.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$267,018	4.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,662,310	64.2%

Assets/Debt
Total Assets	$3,790,287
Total Liabilities	$567,389
Net Assets	$3,222,898

Compensation

Key Employees and Officers	Compensation	Related	Other
Jasmine Borrego (President/Director)	$267,018	$0	$6,252
Christien Tran (Controller)	$204,625	$0	$4,100
Yuri Escandon (Vp Of Field Operations)	$152,055	$0	$2,600
Angelique D'silva Williams (Director Of Occupancy & Re)	$135,439	$0	$28,412
Michelle Cuevas (Vp Of Corporate Admin)	$100,392	$0	$11,283
Paul Samuel (Cfo/Secretary/Director)	$0	$955,911	$32,937
Michael Lizarraga (Chairman/Director)	$0	$1,889,036	$34,761

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990

Filed on Nov. 13, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$5,082,528

Expenses

$5,176,986

Net Income

-$94,458

Net Assets

$3,127,338

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$4,169,766	82.0%
Investment Income	$208	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$10,991	0.2%
Net Inventory Sales	$0
Other Revenue	$901,563	17.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$309,128	6.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,284,397	63.4%

Assets/Debt
Total Assets	$3,594,774
Total Liabilities	$467,436
Net Assets	$3,127,338

Compensation

Key Employees and Officers	Compensation	Related	Other
Jasmine Borrego (President/Director)	$259,128	$0	$5,936
Christien Tran (Controller)	$175,713	$0	$2,600
Yuri Escandon (Vp Of Field Operations)	$159,663	$0	$3,057
Angelique D'silva Williams (Director Of Occupancy & Re)	$128,515	$0	$24,960
Juan Medina (Director Of Maintenance)	$100,663	$0	$20,001
Paul Samuel (Cfo/Secretary/Director)	$0	$948,908	$34,977
Michael Lizarraga (Chairman/Director)	$0	$1,792,824	$33,063

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990

Filed on Nov. 10, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$4,929,217

Expenses

$4,937,006

Net Income

-$7,789

Net Assets

$3,221,796

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,988,792	80.9%
Investment Income	$997	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,000	0.1%
Net Inventory Sales	$0
Other Revenue	$936,428	19.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$303,654	6.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,065,875	62.1%

Assets/Debt
Total Assets	$3,809,491
Total Liabilities	$587,695
Net Assets	$3,221,796

Compensation

Key Employees and Officers	Compensation	Related	Other
Jasmine Borrego (President/Director)	$303,654	$0	$6,321
Christien Tran (Controller)	$153,881	$0	$2,600
Yuri Escandon (Vp Of Field Operations)	$136,596	$0	$2,697
Angelique D'silva Williams (Director Of Occupancy & Re)	$120,086	$0	$34,092
Juan Medina (Director Of Maintenance)	$107,522	$0	$22,980
Paul Samuel (Cfo/Secretary/Director)	$0	$935,997	$57,908
Michael Lizarraga (Chairman/Director)	$0	$1,591,492	$54,265

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990

Filed on Nov. 15, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$4,619,665

Expenses

$4,611,825

Net Income

$7,840

Net Assets

$3,229,585

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,824,735	82.8%
Investment Income	$1,771	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$793,159	17.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$242,548	5.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,766,266	60.0%

Assets/Debt
Total Assets	$3,783,678
Total Liabilities	$554,093
Net Assets	$3,229,585

Compensation

Key Employees and Officers	Compensation	Related	Other
Jasmine Borrego (President/Director)	$242,548	$0	$0
Christien Tran (Controller)	$144,740	$0	$0
Yuri Escandon (Vp Of Field Operations)	$130,541	$0	$5,526
Angelique D'silva Williams (Director Of Occupancy & Re)	$119,578	$0	$19,589
Juan Medina (Director Of Maintenance)	$105,401	$0	$13,712
Paul Samuel (Cfo/Secretary/Director)	$0	$906,414	$37,893
Michael Lizarraga (Chairman/Director)	$0	$1,589,812	$37,893

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990

Filed on Nov. 13, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$4,491,635

Expenses

$4,323,313

Net Income

$168,322

Net Assets

$3,221,745

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,732,772	83.1%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$758,863	16.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$229,464	5.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,555,596	59.1%

Assets/Debt
Total Assets	$3,748,030
Total Liabilities	$526,285
Net Assets	$3,221,745

Compensation

Key Employees and Officers	Compensation	Related	Other
Jasmine Borrego (President/Director)	$229,464	$0	$0
Christien Tran (Controller)	$138,594	$0	$0
Yuri Escandon (Vp Of Field Operations)	$114,951	$0	$18,729
Angelique D'silva Williams (Director Of Occupancy & Re)	$113,049	$0	$16,593
Juan Medina (Director Of Maintenance)	$101,360	$0	$13,105
Paul Samuel (Cfo/Secretary/Director)	$0	$766,807	$16,463
Michael Lizarraga (Chairman/Director)	$0	$1,546,310	$16,463

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990

Filed on Nov. 14, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$4,107,570

Expenses

$4,468,024

Net Income

-$360,454

Net Assets

$3,053,423

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,640,664	88.6%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$466,906	11.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$173,875	3.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,650,762	59.3%

Assets/Debt
Total Assets	$3,551,598
Total Liabilities	$498,175
Net Assets	$3,053,423

Compensation

Key Employees and Officers	Compensation	Related	Other
Jasmine Borrego (President/Director)	$173,875	$0	$0
Christien Tran (Controller)	$139,792	$0	$0
Juan Medina (Director Of Maintenance)	$139,455	$0	$13,691
Yuri Escandon (Vp Of Field Operations)	$133,666	$0	$19,558
Angelique D'silva Williams (Director Of Occupancy & Regulatory Affairs)	$113,150	$0	$19,558
Paul Samuel (Cfo/Secretary/Director)	$0	$654,091	$35,922
Michael Lizarraga (Chairman/Director)	$0	$1,534,645	$35,922

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990

Filed on Nov. 8, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$3,997,198

Expenses

$4,207,441

Net Income

-$210,243

Net Assets

$3,413,877

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,588,178	89.8%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$409,020	10.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$199,143	4.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,327,762	55.3%

Assets/Debt
Total Assets	$3,795,342
Total Liabilities	$381,465
Net Assets	$3,413,877

Compensation

Key Employees and Officers	Compensation	Related	Other
Jasmine Borrego (President/Director)	$198,438	$0	$705
Christien Tran (Controller)	$144,583	$0	$0
Walter Maynard (Manager)	$112,179	$0	$1,883
Yuri Escandon (Vp Of Field Operations)	$103,518	$0	$20,584
Paul Samuel (Cfo/Director)	$0	$633,624	$35,666
Michael Lizarraga (Chairman/Director)	$0	$1,577,686	$35,666

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990

Filed on Nov. 14, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$4,023,740

Expenses

$3,914,483

Net Income

$109,257

Net Assets

$3,624,120

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,487,015	86.7%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$536,725	13.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$160,647	4.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,236,310	57.1%

Assets/Debt
Total Assets	$3,901,496
Total Liabilities	$277,376
Net Assets	$3,624,120

Compensation

Key Employees and Officers	Compensation	Related	Other
Jasmine Borrego (President/Dir)	$135,076	$0	$25,571
Walter Maynard (Manager)	$118,889	$0	$6,782
Paul Samuel (Cfo/Director)	$0	$541,195	$73,917
Michael Lizarraga (Director)	$0	$1,390,336	$74,776
David Lizarraga (Director/Formerchairman)	$0	$480,133	$185,181

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990

Filed on Nov. 15, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$3,877,746

Expenses

$3,521,572

Net Income

$356,174

Net Assets

$3,514,863

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,211,212	82.8%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$666,534	17.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$273,204	7.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,843,689	52.4%

Assets/Debt
Total Assets	$3,779,949
Total Liabilities	$265,086
Net Assets	$3,514,863

Compensation

Key Employees and Officers	Compensation	Related	Other
Jasmine Borrego (President/Dir)	$128,272	$0	$24,571
Walter Maynard (Manager)	$117,329	$0	$3,032
Paul Samuel (Cfo/Director)	$0	$519,209	$66,370
Michael Lizarraga (Director)	$0	$1,073,259	$66,370
David Lizarraga (Director/Formerchairman)	$0	$583,003	$187,980

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990

Filed on Nov. 14, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$4,058,636

Expenses

$3,529,425

Net Income

$529,211

Net Assets

$3,159,314

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,182,173	78.4%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$876,463	21.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$257,293	7.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,802,773	51.1%

Assets/Debt
Total Assets	$3,358,299
Total Liabilities	$198,985
Net Assets	$3,159,314

Compensation

Key Employees and Officers	Compensation	Related	Other
Jasmine Borrego (President/Dir)	$107,498	$0	$23,777
Walter Maynard (Manager)	$99,342	$0	$6,858
Xingjian Chen (Vice President)	$10,528	$0	$9,290
Paul Samuel (Cfo/Director)	$0	$441,853	$61,735
Michael Lizarraga (Director)	$0	$1,188,356	$61,734
David Lizarraga (Director/Formerchairman)	$0	$482,320	$36,505

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990

Filed on Nov. 16, 2014

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Fiscal Year Ending Dec.
2012

Revenue

$3,691,476

Expenses

$3,276,536

Net Income

$414,940

Net Assets

$2,630,103

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,031,168	82.1%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$660,308	17.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$190,410	5.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,727,809	52.7%

Assets/Debt
Total Assets	$2,903,517
Total Liabilities	$273,414
Net Assets	$2,630,103

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$2,978,910

Expenses

$2,642,099

Net Income

$336,811

Net Assets

$2,215,163

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,583,872	86.7%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$395,038	13.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$131,034	5.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,594,743	60.4%

Assets/Debt
Total Assets	$2,545,746
Total Liabilities	$330,583
Net Assets	$2,215,163

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Revenue

$2,628,750

Expenses

$2,393,782

Net Income

$234,968

Net Assets

$1,878,350

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$14,290	0.5%
Program Services	$2,299,910	87.5%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$314,550	12.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$130,500	5.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,549,546	64.7%

Assets/Debt
Total Assets	$2,115,555
Total Liabilities	$237,205
Net Assets	$1,878,350

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

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Telacu Residential Management Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $6.59M (2023)

Expenses $6.01M (2023)

Total Assets $5.32M (2023)

Total Liabilities $1.51M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Revenue

$6.59M (2023)

Expenses

$6.01M (2023)

Total Assets

$5.32M (2023)

Total Liabilities

$1.51M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001