Public Charity

LAS TORRES INC C/O FALKENBERG/GILLIAM & ASSOCIATES INC

LAS TORRES INC C/O FALKENBERG/GILLIAM & ASSOCIATES INC is a Public Charity headquartered in PASADENA, CA. Financial data from the 2025 filing: $2.5M revenue, $1.3M expenses, $9.9M total assets.

EIN: 953251812 PASADENA, CA Housing Development, Construction & Management NTEE: L20 Latest filing: 2025
Total Revenue$2.5M
Total Expenses$1.3M
Total Assets$9.9M
Grant Records0
Filing Years2021–2025

Mission

TO PROVIDE LOW INCOME HOUSING TO ELDERLY AND HANDICAPPED PERSONS.

Where $100 goes at Las Torres Inc C/O Falkenberg/Gilliam & Associates Inc

How Las Torres Inc C/O Falkenberg/Gilliam & Associates Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$78 Programs the work itself
$22 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $78 for programs

$78
All program services are attributable to a single apartment building, whose primary purpose is to provide housing for low income elderly or handicapped persons
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Douglas Domingo-Foraste
DIRECTOR Elizabeth Fan
VICE PRESIDENT Ilegra Evans
SECRETARY Joseph Sanders
PRESIDENT Michael Maloney
TREASURER Richard Agostinelli

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $2.5M $1.3M $9.9M
2024 $2.5M $1.2M $8.8M
2023 $2.1M $1.3M $7.7M
2022 $2.0M $1.5M $7.1M
2021 $2.0M $1.2M $6.6M

Between 2021 and 2025, reported annual revenue grew from $2.0M to $2.5M (+24%), with total assets most recently reported at $9.9M.

Interactive year-over-year charts and full filing details available with membership.

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