Skip to content
Nonprofiteer
← TELACU RESIDENTIAL MANAGEMENT INC

Form 990 for tax year 2022

Filed by TELACU RESIDENTIAL MANAGEMENT INC.

Totals

Total revenue
$5,802,034
Total expenses
$5,702,534
Contributions and grants received
$0
Grants paid
$7,965
Program services expenses (Part IX)
$5,257,884
Management and general expenses
$444,650
Fundraising expenses
$0
Program service expenses (Part III)
$5,257,884

Program services were 92.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JASMINE BORREGO

    PRESIDENT/DIRECTOR

    Total calculated
    $273,270
    From this org
    $267,018
    From related orgs
    $0
    Other
    $6,252
    Hours/week
    48

    Schedule J breakdown matched by us

    Base
    $217,018
    Bonus
    $50,000
    Other
    $0
    Deferred
    $5,400
    Nontaxable benefits
    $852
    Filer's total
    $273,270

  • PAUL SAMUEL

    CFO/SECRETARY/DIRECTOR

    Total calculated
    $988,848
    From this org
    $0
    From related orgs
    $955,911
    Other
    $32,937
    Hours/week
    0.1 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $507,771 related
    Bonus
    $0 + $439,500 related
    Other
    $0 + $8,640 related
    Deferred
    $0 + $5,400 related
    Nontaxable benefits
    $0 + $27,537 related
    Filer's total
    $0 + $988,848 related

  • MICHAEL LIZARRAGA

    CHAIRMAN/DIRECTOR

    Total calculated
    $1,923,797
    From this org
    $0
    From related orgs
    $1,889,036
    Other
    $34,761
    Hours/week
    0.1 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $580,396 related
    Bonus
    $0 + $1,300,000 related
    Other
    $0 + $8,640 related
    Deferred
    $0 + $5,400 related
    Nontaxable benefits
    $0 + $29,361 related
    Filer's total
    $0 + $1,923,797 related

  • YURI ESCANDON

    VP OF FIELD OPERATIONS

    Total calculated
    $154,655
    From this org
    $152,055
    From related orgs
    $0
    Other
    $2,600
    Hours/week
    48

    Schedule J breakdown matched by us

    Base
    $129,555
    Bonus
    $22,500
    Other
    $0
    Deferred
    $1,310
    Nontaxable benefits
    $1,290
    Filer's total
    $154,655

  • CHRISTIEN TRAN

    CONTROLLER

    Total calculated
    $208,725
    From this org
    $204,625
    From related orgs
    $0
    Other
    $4,100
    Hours/week
    48

    Schedule J breakdown matched by us

    Base
    $154,625
    Bonus
    $50,000
    Other
    $0
    Deferred
    $4,100
    Nontaxable benefits
    $0
    Filer's total
    $208,725

  • ANGELIQUE D'SILVA-WILLIAMS

    DIRECTOR OF OCCUPANCY & RE

    Total calculated
    $163,851
    From this org
    $135,439
    From related orgs
    $0
    Other
    $28,412
    Hours/week
    48

    Schedule J breakdown matched by us

    Base
    $120,439
    Bonus
    $15,000
    Other
    $0
    Deferred
    $2,930
    Nontaxable benefits
    $25,482
    Filer's total
    $163,851

  • MICHELLE CUEVAS

    VP OF CORPORATE ADMIN

    Total calculated
    $111,675
    From this org
    $100,392
    From related orgs
    $0
    Other
    $11,283
    Hours/week
    48

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
MICHAEL LIZARRAGA - IN ADDITION TO THE $27,000 401(K) PLAN, THE PRESIDENT WILL RECEIVE AN EXECUTIVE RETIREMENT BENEFIT PAYABLE UPON RETIREMENT OF $175,000 A YEAR FOR LIFE FROM A RELATED ORGANIZATION. AS OF 12/31/2022, MR. LIZARRAGA WAS 50% VESTED IN THE BENEFIT. IN ADDITION, MR. LIZARRAGA WILL RECEIVE DEFERRED COMPENSATION LUMP SUM PAYMENT WITH A CURRENT VALUE OF APPROXIMATELY $125,000. AS OF 12/31/22, MR. LIZARRAGA WAS 100% VESTED. PAUL SAMUEL - IN ADDITION TO THE $27,000 401(K) PLAN, MR. SAMUEL WILL RECEIVE A DEFERRED COMPENSATION LUMP SUM PAYMENT WITH A CURRENT VALUE OF APPROXIMATELY $125,729 FROM A RELATED ORGANIZATION. AS OF 12/31/2022, MR. SAMUEL WAS 100% VESTED.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202313179349305961

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.