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Filing year 2023

TELACU HOUSING-MONTEREY PARK INC

Los Angeles, California·EIN 95-4576213·NTEE L80Z · Housing & Shelter·501(c)(3)
Total revenue
$726k
Total assets
$3.2M
Total expenses
$910k
Reported officers
6
Mission

TELACU HOUSING - MONTEREY PARK, 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 67 UNIT PROJECT KNOWN AS TELACU MONTEREY PARK PLAZA LOCATED IN THE CITY OF MONTEREY PARK, 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.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in California.

President
25th percentile to median
$37k
$41k
Secretary
Officer (Unspecified)
$35k
$39k
Vice President & Treasurer
Vice President
10th to 25th percentile
$17k
$18k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at TELACU HOUSING-MONTEREY PARK INC equaled 4% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
4%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,885 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about TELACU HOUSING-MONTEREY PARK INC

What does the Chief Executive Officer of TELACU HOUSING-MONTEREY PARK INC earn?

In 2023, the Chief Executive Officer of TELACU HOUSING-MONTEREY PARK INC received $36,963 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in California, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at TELACU HOUSING-MONTEREY PARK INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in California, the 2023 pay of the Chief Executive Officer at TELACU HOUSING-MONTEREY PARK INC falls between the 25th percentile and the median. In 2023, the highest total compensation at TELACU HOUSING-MONTEREY PARK INC equaled 4% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are TELACU HOUSING-MONTEREY PARK INC's revenue and expenses?

In 2023, TELACU HOUSING-MONTEREY PARK INC reported $726k in total revenue and $910k in total expenses on its IRS Form 990.

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