Astoria Gardens Tenant Association

Organization Overview

Astoria Gardens Tenant Association is located in Sylmar, CA. The organization was established in 1994. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 08/2021, Astoria Gardens Tenant Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Astoria Gardens Tenant Association 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 08/2021, Astoria Gardens Tenant Association generated $2.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $2.6m during the year ending 08/2021. While expenses have increased by 4.6% per year over the past 6 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

ASTORIA GARDENS TENANT ASSOCIATION PROVIDES SUBSIDIZED LOW INCOME RENTAL HOUSING TO FAMILIES THAT MEET CERTAIN INCOME LIMITS AS DEFINED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. THE OPERATIONS OF THE PROPERTY ARE ADMINISTERED BY AN UNRELATED MANAGEMENT COMPANY AND SUPERVISED BY THE BOARD OF DIRECTORS ELECTED BY THE TENANTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ASTORIA GARDENS OPERATES A 136 UNIT APARTMENT PROJECT AND PROVIDES SUBSIDIZED HOUSING TO LOW INCOME RESIDENTS SUBSIDIZED UNDER US HUD REGULATIONS


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Board, Officers & Key Employees

Name (title)Compensation
Bertha Castro
Secretary
$0
Gloria Peralta
Treasurer
$0
Angelina Gomez
President
$0
Silvia Aguilera
Vice President
$0
Guadalupe Moreno
Director
$0
Jose Hernandez
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Telacu Property Management Inc
Property Management
$135,730
Manuel Francisco Bran
Other
$0
Angel Jacobo Galicia Suriano
Security
$0
View All Vendors

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$11,256
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$11,256
Total Program Service Revenue$2,476,446
Investment income $133
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 $2,487,835

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