Civic Intelligence

Telacu Community Capital

990 • Fiscal year 2018 • EIN 95-4738172

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

Organization ProfileN/A
5400 East Olympic Boulevard No 300Los Angeles, CA 90022-5187

(323) 721-1655

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

39th percentile

0.08x

Higher debt load relative to assets than 39% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

94th percentile

4.55x

Higher debt load relative to revenue than 94% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

81st percentile

26%

Higher net margin than 81% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

99th percentile

$1,562,773

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 954.7% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

73rd percentile

9.7%

Faster asset growth than 73% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

10th percentile

-27%

Faster revenue growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$8,854,292

Up $780,462 (+9.7%) from 2017

Net Assets

Up

$8,109,093

Up $41,881 (+0.5%) from 2017

Liabilities

Up

$745,199

Up $738,581 (+11160%) from 2017

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin81st percentile

Revenue

Down

$163,690

Down $60,786 (-27%) from 2017

Expenses

Down

$121,809

Down $93,414 (-43%) from 2017

Net Income

Up

$41,881

Up $32,628 (+353%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $8,042,065Liabilities 2010: $2,273,503Net Assets 2010: $5,768,5622010Assets 2011: $8,118,282Liabilities 2011: $2,235,597Net Assets 2011: $5,882,6852011Assets 2012: $8,550,885Liabilities 2012: $2,576,484Net Assets 2012: $5,974,4012012Assets 2013: $9,219,743Liabilities 2013: $3,176,163Net Assets 2013: $6,043,5802013Assets 2014: $10,256,230Liabilities 2014: $2,379,399Net Assets 2014: $7,876,8312014Assets 2015: $9,150,466Liabilities 2015: $1,108,043Net Assets 2015: $8,042,4232015Assets 2016: $8,729,499Liabilities 2016: $671,540Net Assets 2016: $8,057,9592016Assets 2017: $8,073,830Liabilities 2017: $6,618Net Assets 2017: $8,067,2122017Assets 2018: $8,854,292Liabilities 2018: $745,199Net Assets 2018: $8,109,0932018Assets 2019: $2,421,258Liabilities 2019: $743,674Net Assets 2019: $1,677,5842019Assets 2020: $2,431,265Liabilities 2020: $754,310Net Assets 2020: $1,676,9552020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2018

Assets$8,854,292
Liabilities$745,199
Net Assets$8,109,093
Open 2018 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $452,651Expenses 2010: $331,319Net Income 2010: $121,3322010Revenue 2011: $533,840Expenses 2011: $419,716Net Income 2011: $114,1242011Revenue 2012: $537,103Expenses 2012: $445,387Net Income 2012: $91,7162012Revenue 2013: $481,738Expenses 2013: $412,559Net Income 2013: $69,1792013Revenue 2014: $2,252,242Expenses 2014: $418,991Net Income 2014: $1,833,2512014Revenue 2015: $540,622Expenses 2015: $375,030Net Income 2015: $165,5922015Revenue 2016: $243,866Expenses 2016: $228,330Net Income 2016: $15,5362016Revenue 2017: $224,476Expenses 2017: $215,223Net Income 2017: $9,2532017Revenue 2018: $163,690Expenses 2018: $121,809Net Income 2018: $41,8812018Revenue 2019: $141,629Expenses 2019: $91,323Net Income 2019: $50,3062019Revenue 2020: $26,897Expenses 2020: $27,526Net Income 2020: -$6292020Revenue 2021: $22,254Expenses 2021: $429,070Net Income 2021: -$406,8162021

Highlighted filing

2018

Revenue$163,690
Expenses$121,809
Net Income$41,881
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$163,690
Mission and Program Overview

Mission

Community based lending program in economic development areas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,008,971$1,655,465▼ $353,506
Loans From Officers Directors-$741,000-
Cash and Non-Interest-Bearing Accounts$345,251$427,911▲ $82,660
Prepaid Expenses and Deferred Charges$5,798$5,265▼ $533
Land, Buildings, and Equipment, Net$713$461▼ $252
Total Assets$8,073,830$8,854,292▲ $780,462
Other Assets Total$5,713,097$6,765,190▲ $1,052,093
Liabilities
Other Liabilities$6,590$0▼ $6,590
Accounts Payable and Accrued Expenses$28$4,199▲ $4,171
Total Liabilities$6,618$745,199▲ $738,581
Net Assets / Fund Balance
Unrestricted Net Assets$8,067,212$8,109,093▲ $41,881
Total Net Assets Fund Balance$8,067,212$8,109,093▲ $41,881
Total Liabilities and Net Assets / Fund Balance$8,073,830$8,854,292▲ $780,462

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$461$27,036$27,497
Other Assets Org$5,000--
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleOtherTotal
Jay CandelariaSecy/trea/Director$52,989$52,989

Board Members and Trustees

NameTitle
Michael D LizarragaChairman/director
Jose VillalobosPresident/director
Paul SamuelCFO/director
Abraham Paez JrDirector
Kerry DoiDirector
Tristan SotomayorDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$18,000
Program Service Revenue
$139,505
Investment Income
$6,185
Other Revenue
$0
All Other Contributions
$18,000
Change in Net Assets
$41,881

Audited Revenue Reconciliation

Revenue per Audited Statements
$163,690
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$163,690
Total Revenue per Form 990
$163,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$120,016
Salaries, Compensation, and Employee Benefits$1,793
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$76,315-$76,315
Insurance$13,876--$13,876
Office Expenses$2,778--$2,778
Other Salaries and Wages$1,144--$1,144
Other Expenses$510--$510
Other Employee Benefits$477--$477
Depreciation Depletion$251--$251
Payroll Taxes$158--$158
Pension Plan Contributions$14--$14
Total Functional Expenses$45,494$76,315$0$121,809

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$121,809
Total Expenses per Audited Statements$121,809
Total Expenses per Form 990$121,809
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Related ManagementLoan for Program ServicesNo$741,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$741,000-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“Board elects board members. However, board of directors of the east los angeles community union, a 501(c)(3) organization, must approve the board nominees.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is presented to an officer of the company who forwards a copy of the return to each board member for comments prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Review the policy on an annual basis with the board of directors to make sure that everyone is in compliance. Additional meetings will occur if necessary.”

Form 990, Part VI, Section B, Line 15

“The compensation policy is determined based upon occasional compensation studies performed by an independent consultant.”

Form 990, Part VI, Section C, Line 19

“The form 990 and all related financial and policy information are made available to the public upon written policy.”

Filing and Contact Details

Filer

Filer Name
Telacu Community Capital
EIN
95-4738172
Phone
3237211655
Address
5400 EAST OLYMPIC BOULEVARD NO 300, LOS ANGELES, CA 90022-5187

Signing Officer

Name
Jose Villalobos
Title
President
Phone
3237211655
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jose Villalobos
Formed
1999
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
4
Employees
1
Volunteers
0

Preparer

Firm
Hedman Partners
Address
27441 TOURNEY ROAD SUITE 200, VALENCIA, CA 91355
Preparer
Tami M Stoffel
Phone
6612876333
Supplemental Narrative

Additional Explanations

Additional Compensation Disclosure

“Michael d. Lizarraga, chairman/director in addition to the $24,500 401(k) plan , mr. Lizarraga will receive an executive retirement benefit payable upon retirement of $175,000 a year for life from a related organization. As of 12/31/18, mr. Lizarraga was 25% vested in the benefit.”

Additional Compensation Disclosure

“Paul samuel, sec/svp/cfo in addition to the $24,500 401(k) plan, mr. Samuel will receive a deferred compensation lump sum payment from a related organization with a current value of approximately $90,948. As of 12/31/18, mr. Samuel was 100% vested.”

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal and california income taxes under section 501(c)(3) of the internal revenue code and section 23701d of the california revenue and taxation code, respectively. In accordance with accounting guidance the company performs a two-step process in recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining, based on technical merits of the position, whether it is more likely than not to be sustained upon examination, including resolution of any related appeals or litigation processes. The second step is to measure the tax position at the largest amount of benefit that is greater than 50 percent likely of being realized upon settlement. The organization believes it is in compliance with all applicable laws, however, upon audit by a taxing authority, if amounts are found due, the organization may be liable for such taxes. Management has analyzed the organization's tax positions taken on federal and state income tax returns for all open tax years and has concluded that, as of december 31, 2018, no liabilities are required to be recorded in connection with such tax positions in the organization's financial statements. No interest or penalties are recognized during the year as the organization has not recorded income tax contingencies. The organization is not under examination by the internal revenue service for any open tax years.”

Raw XML AppendixShowing 400 of 1,726 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt028
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04199
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0COMMUNITY BASED LENDING PROGRAM IN ECONOMIC DEVELOPMENT AREAS.
IRS990/AllOtherContributionsAmt018000
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOSE VILLALOBOS
IRS990/BooksInCareOfDetail/PhoneNum03237211655
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05400 EAST OLYMPIC BOULEVARD 300
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0900225187
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0345251
IRS990/CashNonInterestBearingGrp/EOYAmt0427911
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt018000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06185
IRS990/CYOtherExpensesAmt0120016
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0139505
IRS990/CYRevenuesLessExpensesAmt041881
IRS990/CYSalariesCompEmpBnftPaidAmt01793
IRS990/CYTotalExpensesAmt0121809
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0163690
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0251
IRS990/DepreciationDepletionGrp/TotalAmt0251
IRS990/Desc0SMALL BUSINESS LOAN FUND - PRIVATELY AND FEDERALLY FUNDED PROGRAMS THAT PROVIDE LOANS AND TECHNICAL ASSISTANCE TO SMALL BUSINESS LOCATED IN LOW TO MODERATE INCOME AREAS OF LOS ANGELES AND ORANGE COUNTRIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt05225
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt076315
IRS990/FeesForServicesAccountingGrp/TotalAmt076315
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt048.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt147.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt347.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.10
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt016463
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt616463
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL D LIZARRAGA
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSE VILLALOBOS
IRS990/Form990PartVIISectionAGrp/PersonNm2KERRY DOI
IRS990/Form990PartVIISectionAGrp/PersonNm3TRISTAN SOTOMAYOR
IRS990/Form990PartVIISectionAGrp/PersonNm4JAY CANDELARIA
IRS990/Form990PartVIISectionAGrp/PersonNm5ABRAHAM PAEZ JR
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL SAMUEL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt01546310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1658983
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt452989
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6766807
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECY/TREA/DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CFO/DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0163690
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt013876
IRS990/InsuranceGrp/TotalAmt013876
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt06185
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06185
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt027036
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0713
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0461
IRS990/LandBldgEquipCostOrOtherBssAmt027497
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0741000
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0COMMUNITY BASED LENDING PROGRAM IN ECONOMIC DEVELOPMENT AREAS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt08067212
IRS990/NetAssetsOrFundBalancesEOYAmt08109093
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt02778
IRS990/OfficeExpensesGrp/TotalAmt02778
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05713097
IRS990/OtherAssetsTotalGrp/EOYAmt06765190
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0477
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0477
IRS990/OtherExpensesGrp/Desc0GENERAL & ADMINISTRATIV
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2MEETINGS AND BUSINESS D
IRS990/OtherExpensesGrp/Desc3LICENSES & PERMITS
IRS990/OtherExpensesGrp/ProgramServicesAmt022513
IRS990/OtherExpensesGrp/ProgramServicesAmt12834
IRS990/OtherExpensesGrp/ProgramServicesAmt2939
IRS990/OtherExpensesGrp/ProgramServicesAmt3510
IRS990/OtherExpensesGrp/TotalAmt022513
IRS990/OtherExpensesGrp/TotalAmt12834
IRS990/OtherExpensesGrp/TotalAmt2939
IRS990/OtherExpensesGrp/TotalAmt3510
IRS990/OtherLiabilitiesGrp/BOYAmt06590
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01144
IRS990/OtherSalariesAndWagesGrp/TotalAmt01144
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02008971
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01655465
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0158
IRS990/PayrollTaxesGrp/TotalAmt0158
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt014
IRS990/PensionPlanContributionsGrp/TotalAmt014
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05798
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05265
IRS990/PrincipalOfficerNm0JOSE VILLALOBOS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1522299
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST LOAN RECEIVAB
IRS990/ProgramServiceRevenueGrp/Desc1FEES AND OTHER SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0118394
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt121111
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0118394
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt121111
IRS990/ProgSrvcAccomActy2Grp/Desc0REVOLVING LOAN FUND I - A PROGRAM FUNDED WITH A GRANT FROM THE U.S. DEPARTMENT OF COMMERCE ECONOMIC DEVELOPMENT ADMINISTRATION (EDA) FOR THE SPECIFIC PURPOSE OF PROVIDING LOANS TO SMALL BUSINESSES LOCATED IN THE GREATER EAST LOS ANGELES COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY (CEDS) AREA.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0143
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0581
IRS990/ProgSrvcAccomActy3Grp/Desc0REVOLVING LOAN FUND II - A PROGRAM FUNDED WITH A GRANT FROM THE EDA FOR THE SPECIFIC PURPOSE OF PROVIDING LOANS TO SMALL BUSINESSES WITHIN THE CITY OF LOS ANGELES AND IN THE GREATER EAST LOS ANGELES CEDS AREA.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt039919
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt063040
IRS990/ProgSrvcAccomActyOtherGrp/Desc0REVOLVING LOAN FUND III - A PROGRAM FUNDED WITH A GRANT FROM THE EDA FOR THE SPECIFIC PURPOSE OF PROVIDING LOANS TO SMALL BUSINESSES WITHIN THE CITIES OF BALDWIN PARK, MONROVIA AND DUARTE.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0207
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0838
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt043000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04515
IRS990/PYOtherExpensesAmt0119851
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0176961
IRS990/PYRevenuesLessExpensesAmt09253
IRS990/PYSalariesCompEmpBnftPaidAmt095372
IRS990/PYTotalExpensesAmt0215223
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0224476
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt041881
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt081231
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt018000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt043000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt044000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0284873
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01963749
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02353622
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06185
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04515
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04614
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03717
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05471
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt024502
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98970
IRS990ScheduleA/PublicSupportPY170Pct00.99100
IRS990ScheduleA/PublicSupportTotal170Amt02353622
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt018000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt043000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt044000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0284873
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01963749
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02353622
IRS990ScheduleA/TotalSupportAmt02378124
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0121809
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06752321
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt17869
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt25000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED CASH
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ACCRUED INTEREST RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2PLEDGE RECEIVABLE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0461
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt027036
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt027497
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0163690
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL AND CALIFORNIA INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. IN ACCORDANCE WITH ACCOUNTING GUIDANCE THE COMPANY PERFORMS A TWO-STEP PROCESS IN RECOGNIZING AND MEASURING UNCERTAIN TAX POSITIONS. THE FIRST STEP IS TO EVALUATE THE TAX POSITION FOR RECOGNITION BY DETERMINING, BASED ON TECHNICAL MERITS OF THE POSITION, WHETHER IT IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES. THE SECOND STEP IS TO MEASURE THE TAX POSITION AT THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY OF BEING REALIZED UPON SETTLEMENT. THE ORGANIZATION BELIEVES IT IS IN COMPLIANCE WITH ALL APPLICABLE LAWS, HOWEVER, UPON AUDIT BY A TAXING AUTHORITY, IF AMOUNTS ARE FOUND DUE, THE ORGANIZATION MAY BE LIABLE FOR SUCH TAXES. MANAGEMENT HAS ANALYZED THE ORGANIZATION'S TAX POSITIONS TAKEN ON FEDERAL AND STATE INCOME TAX RETURNS FOR ALL OPEN TAX YEARS AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2018, NO LIABILITIES ARE REQUIRED TO BE RECORDED IN CONNECTION WITH SUCH TAX POSITIONS IN THE ORGANIZATION'S FINANCIAL STATEMENTS. NO INTEREST OR PENALTIES ARE RECOGNIZED DURING THE YEAR AS THE ORGANIZATION HAS NOT RECORDED INCOME TAX CONTINGENCIES. THE ORGANIZATION IS NOT UNDER EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR ANY OPEN TAX YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0461
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06765190
IRS990ScheduleD/TotalExpensesPerForm990Amt0121809
IRS990ScheduleD/TotalRevenuePerForm990Amt0163690
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0163690
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0121809
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt01050000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt1400000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt2375000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0487670
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1258983
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2383167
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt016463
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt216463
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt08640
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt28640
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL D LIZARRAGA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JOSE VILLALOBOS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2PAUL SAMUEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHAIRMAN/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1PRESIDENT/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CFO/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt01562773
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1658983
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2783270
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0MICHAEL D. LIZARRAGA, CHAIRMAN/DIRECTOR IN ADDITION TO THE $24,500 401(K) PLAN, MR. LIZARRAGA WILL RECEIVE AN EXECUTIVE RETIREMENT BENEFIT PAYABLE UPON RETIREMENT OF $175,000 A YEAR FOR LIFE FROM A RELATED ORGANIZATION. AS OF 12/31/18, MR. LIZARRAGA WAS 25% VESTED IN THE BENEFIT. PAUL SAMUEL, SEC/SVP/CFO IN ADDITION TO THE $24,500 401(K) PLAN, MR. SAMUEL WILL RECEIVE A DEFERRED COMPENSATION LUMP SUM PAYMENT FROM A RELATED ORGANIZATION WITH A CURRENT VALUE OF APPROXIMATELY $90,948. AS OF 12/31/18, MR. SAMUEL WAS 100% VESTED.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1THE COMPENSATION POLICY OF RELATED ORGANIZATIONS IS DETERMINED BASED UPON OCCASIONAL COMPENSATION STUDIES PERFORMED BY AN INDEPENDENT CONSULTANT.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 4B
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 3:
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0THE EAST LOS ANGELES COMMUNITY UNION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0RELATED MANAGEMENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0741000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LOAN FOR PROGRAM SERVICES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0741000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0THE EAST LOS ANGELES COMMUNITY UNION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PROGRAM SERVICE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0741000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0COMMON OFFICERS OF TELACU COMMUNITY CAPITAL AND THE EAST LA COMMUNITY UNION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THIS IS BEING REPORTED SINCE THERE ARE COMMON OFFICERS OF THE EAST LOS ANGELES COMMUNITY UNION AND TELACU COMMUNITY CAPITAL.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCH L, PART IV, BUSINESS TRANSACTIONS INVLOVING INTERESTED PERSONS:
IRS990ScheduleL/TotalBalanceDueAmt0741000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD ELECTS BOARD MEMBERS. HOWEVER, BOARD OF DIRECTORS OF THE EAST LOS ANGELES COMMUNITY UNION, A 501(C)(3) ORGANIZATION, MUST APPROVE THE BOARD NOMINEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PRESENTED TO AN OFFICER OF THE COMPANY WHO FORWARDS A COPY OF THE RETURN TO EACH BOARD MEMBER FOR COMMENTS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEW THE POLICY ON AN ANNUAL BASIS WITH THE BOARD OF DIRECTORS TO MAKE SURE THAT EVERYONE IS IN COMPLIANCE. ADDITIONAL MEETINGS WILL OCCUR IF NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION POLICY IS DETERMINED BASED UPON OCCASIONAL COMPENSATION STUDIES PERFORMED BY AN INDEPENDENT CONSULTANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MICHAEL D. LIZARRAGA, CHAIRMAN/DIRECTOR IN ADDITION TO THE $24,500 401(K) PLAN , MR. LIZARRAGA WILL RECEIVE AN EXECUTIVE RETIREMENT BENEFIT PAYABLE UPON RETIREMENT OF $175,000 A YEAR FOR LIFE FROM A RELATED ORGANIZATION. AS OF 12/31/18, MR. LIZARRAGA WAS 25% VESTED IN THE BENEFIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PAUL SAMUEL, SEC/SVP/CFO IN ADDITION TO THE $24,500 401(K) PLAN, MR. SAMUEL WILL RECEIVE A DEFERRED COMPENSATION LUMP SUM PAYMENT FROM A RELATED ORGANIZATION WITH A CURRENT VALUE OF APPROXIMATELY $90,948. AS OF 12/31/18, MR. SAMUEL WAS 100% VESTED.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,854,292
Liabilities
$745,199
Net assets
$8,109,093
Revenue
$163,690
Expenses
$121,809
Net income
$41,881
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.02$0.43$0.41
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.43$0.75$1.68$0.03$0.03$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.42$0.74$1.68$0.14$0.09$0.05
2018Detailed filing. Detailed filing data is available for this year.$8.85$0.75$8.11$0.16$0.12$0.04
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.07$0.01$8.07$0.22$0.22$0.01
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.73$0.67$8.06$0.24$0.23$0.02
2015Detailed filing. Detailed filing data is available for this year.$9.15$1.11$8.04$0.54$0.38$0.17
2014Detailed filing. Detailed filing data is available for this year.$10.3$2.38$7.88$2.25$0.42$1.83
2013Summary only. Only limited summary data is available for this year.$9.22$3.18$6.04$0.48$0.41$0.07
2012Summary only. Only limited summary data is available for this year.$8.55$2.58$5.97$0.54$0.45$0.09
2011Summary only. Only limited summary data is available for this year.$8.12$2.24$5.88$0.53$0.42$0.11
2010Summary only. Only limited summary data is available for this year.$8.04$2.27$5.77$0.45$0.33$0.12