Fideicomiso Comunitario Tierra Libre

Organization Overview

Fideicomiso Comunitario Tierra Libre is located in Los Angeles, CA. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Fideicomiso Comunitario Tierra Libre employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fideicomiso Comunitario Tierra Libre is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Fideicomiso Comunitario Tierra Libre generated $517.7k in total revenue. All expenses for the organization totaled $170.9k during the year ending 12/2022. While expenses have increased by 150.8% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE OPPORTUNITIES FOR LOW-INCOME RESIDENTS OF BOYLE HEIGHTS AND EAST LOS ANGELE TO SECURE HOUSING THAT IS DECENT AND AFFORDABLE AND THAT IS CONTROLLED BY THE RESIDENTS ON A LONG-TERM BASIS; TO PRESERVE THE QUALITY AND AFORDABILITY OF HOUSING FOR FUTURE LOW-INCOMERESIDENTS ON A LONG-TERM BASIS; AND TO COMBAT COMMUNITY DETERIORATION IN ECONOMICALLY DISADVANTGED NEIGHBORHOODS

Describe the Organization's Program Activity:

Part 3 - Line 4a

FIDEICOMISO COMUNITARIO TIERRA LIBRE SECURES HOUSING FOR LOW INCOME RESIDENTS OF BOYLE HEIGHTS AND EAST LA AND PRESERVE THE QUALITY AND AFFORDABILITY OF HOUSING IN LONG-TERM BASIS.


FIDEICOMISO COMUNITARIO TIERRA LIBRE PARTNERED WITH OTHER NON PROFIT ORGANIZATION IN ASSISTING OR HELPING LOW INCOME RESIDENTS IN APPLYING FOR EMERGENCY RENTAL ASSISTANCE PROVIDED BY THE GOVERNMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Vanessa Gonzalez
Co-President
$0
Eva Garcia
Co-President
$0
Joseph Paz Dominguez
Treasurer
$0
Leticia Ramirez
Member
$0
Martha Gonzalez
Member
$0
Rosa Curiel
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$418,389
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$418,389
Total Program Service Revenue$99,352
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $517,741

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