2023-11-01T17:17:28-07:00 2022-12-31 990 2022-01-01 450488990 FUNDACION TELETON USA FUND 2108887375 10839 Quarry Park San Antonio TX 78233 Rossana Corona Romo Treasurer 2108887375 2023-11-01 1 1 11 0 AAL2 X 2022 2023-04-26 12:10:37Z Rossana Corona Romo 10839 Quarry Park San Antonio TX 78233 5431963 0 X www.teletonusa.org X 2002 TX RAISING CRITICAL FUNDS AND AWARENESS TO INSPIRE A MORE INCLUSIVE, ACCEPTING WORLD FOR CHILDREN WITH DISABILITIES AND THEIR FAMILIES WHILE EMPOWERING THEM TO LIVE THEIR LIVES TO THE FULLEST POTENTIAL. 6 6 0 20 0 0 5464959 4479630 0 0 219945 142783 0 0 5684904 4622413 1562800 3024312 0 0 0 0 0 0 2030623 3640402 3443191 5203202 6467503 481702 -1845090 20245090 18220986 1804041 2330097 18441049 15890889 RAISING CRITICAL FUNDS AND AWARENESS TO INSPIRE A MORE INCLUSIVE ACCEPTING WORLD FOR CHILDREN WITH DISABILITIES AND THEIR FAMILIES WHILE EMPOWERING THEM TO LIVE THEIR LIVES TO THE FULLEST POTENTIAL. 0 0 4254956 3024312 0 ONE OF THE MAIN PURPOSES OF THE ORGANIZATION IS TO PROMOTE SOCIAL CONSCIOUSNESS AND INFORM THE PUBLIC ON WHAT CHILDREN WITH DISABILITIES GO THROUGH AND TO HELP THEM ACCOMPLISH THEIR DREAMS THROUGH AN ADEQUATE PSYCHOLOGICAL ASSISTANCE AND PHYSICAL REHABILITATION. REGARDING THE ORGANIZATION'S PROGRAM SERVICES ACCOMPLISHMENTS FOR EACH OF OUR TWO LARGEST PROGRAM SERVICES, WE CAN MENTION THE FOLLOWING: 1) WITH THE PROCEEDS FROM THE FOREGOING TELETON EVENT, FUNDACION TELETON USA FINANCED THE BUILDING AND OPERATIONS OF THE CHILDREN'S REHABILITATION INSTITUTE OF TELETON USA IN SAN ANTONIO, TEXAS. THIS REHABILITATION CENTER IS SERVICING PATIENTS WITH PHYSICAL DISABILITIES, SUCH AS MILD AND SEVERE CEREBRAL PALSY; SPINAL CORD DISORDERS-ACQUIRED; SPINAL CORD INJURY; NEUROMUSCULAR DISEASES-MUSCULAR DYSTROPHY; CONGENIAL SKELETAL DEFICIENCIES-ACQUIRED; AMPUTATIONS-BONE AND JOINT DISEASES; GENETIC AND CONGENITAL DISORDERS; AND NEW BORN WITH NEUROLOGICAL DISORDERS RISK FACTORS. 2). THE ORGANIZATION ALSO DONATED USE OF FACILITIES VALUED AT $897,398. 0 0 0 4254956 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AK AL AR CA CO CT FL GA HI IL KS KY MA MD ME MI MN MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WI WV WY X ANA D GARCIA 2102576260 10839 Quarry Park San Antonio TX 78233 Rossana Corona Romo TREASURER 10 40 X 0 203535 10254 Federica Soriano PROGRAM DEVELOPMENT OFFICER 10 40 X 0 147525 15868 Carlos Dovalina Blanco ASSISTANT TREASURER 10 40 X 0 63289 5130 Guillermo Valdes Garcia SECRETARY 10 40 X 0 63289 4551 Maria Cristina Prieto CORPORATE SPONSORSHIP OFFICER 10 40 X 0 50539 3003 Pedro Fernando Landeros Verdugo PRESIDENT 1 0 X X 0 0 0 Joe A Rudberg ASSISTANT SECRETARY 1 0 X X 0 0 0 Emilio Fernando Azcarraga Jean BOARD MEMBER 1 0 X 0 0 0 Mauricio Vazquez BOARD MEMBER 1 0 X 0 0 0 Francisco Aguilera BOARD MEMBER 1 0 X 0 0 0 Juan Diego Gutierrez Cortina BOARD MEMBER 1 0 X 0 0 0 0 528177 38806 0 0 1 0 UNIVISION COMMUNICATIONS INC 500 FRANK W BURR BLVD TEANECK NJ 07666 PRODUCTION/TELETON EVENT 1635258 LONGKO PRODUCTIONS LLC 5272 NW 112th Place Doral FL 33178 PROFESSIONAL SERVICES 146520 2 0 0 0 0 0 4479630 0 4479630 0 113753 0 0 113753 0 0 0 0 0 0 0 0 0 0 838580 0 809550 0 29030 0 29030 0 0 29030 0 0 4622413 0 0 142783 3024312 3024312 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 51945 0 39600 12345 37047 0 37047 0 0 0 0 0 0 0 26239 0 26239 0 789 0 789 0 46129 7152 0 38977 0 0 0 0 77569 1058 14591 61920 0 0 0 0 0 0 0 0 123760 101886 3305 18569 0 0 0 0 21529 0 21169 360 0 0 0 0 0 0 0 0 352961 352354 607 0 30127 27886 2241 0 Production Expenses 2566211 739580 30978 1795653 Service Charges 76532 350 5225 70957 Other Expenses 32353 378 133 31842 0 0 0 0 6467503 4254956 181924 2030623 3071939 496040 0 0 61250 145000 457436 414941 0 0 0 0 0 0 145026 113748 0 15017932 2972152 12398742 12045780 4110697 5005477 0 0 0 0 0 0 0 0 20245090 18220986 1803003 2153965 0 170000 1038 6132 1804041 2330097 X 18441049 15890889 0 0 18441049 15890889 20245090 18220986 -1845090 -705070 0 0 0 0 X X 0 1 X 0 0 X 6544311 7336405 5285617 5464959 4479630 29110922 6544311 7336405 5285617 5464959 4479630 29110922 29110922 127773 169603 117557 151762 113753 680448 29791370 0.97716 0.97104 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 829186 0 829186 14094172 0 2877644 11216528 0 0 0 0 94574 0 94508 66 0 0 0 0 12045780 0 DUE TO RELATED PARTIES 6132 6132 X 5270021 -705068 1378915 0 0 673847 4596174 26239 0 26239 4622413 7820181 1378917 0 0 0 1378917 6441264 26239 0 26239 6467503 Schedule D, Part X, Line 2 THE FOUNDATION IS A NONPROFIT ORGANIZATION, QUALIFYING UNDER SECTION 501(C)(3) OF THE IRC AND CORRESPONDING TEXAS PROVISIONS, EXCEPT TO THE EXTENT IN HAS UNRELATED BUSINESS ACTIVITIES. AS SUCH, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. UNCERTAIN TAX PROVISIONS, IF ANY, ARE RECORDED IN ACCORDANCE WITH ACCOUNTING GUIDANCE FOR INCOME TAXES, WHICH REQUIRES THE RECOGNITION OF A LIABILITY FOR TAX PROVISIONS TAKEN THAT DO NOT MEET THE MORE LIKELY THAN NOT STANDARD THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. THERE IS NO LIABILITY FOR UNCERTAIN TAX POSITIONS RECORDED AT DECEMBER 31, 2022 AND 2021. THE FOUNDATION'S POLICY IS TO RECORD INTEREST AND PENALTY EXPENSE RELATED TO INCOME TAXES AS INTEREST AND OTHER EXPENSE, RESPECTIVELY. AT DECEMBER 31, 2022 AND 2021, NO INTEREST OR PENALTIES HAVE BEEN OR ARE REQUIRED TO BE ACCRUED. THE FOUNDATION, GENERALLY, IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL AUTHORITIES FOR YEARS PRIOR TO DECEMBER 31, 2019. Schedule D, Part XI, Line 2d IN-KIND RENTAL INCOME - $897,398; INVESTMENT EXPENSE INCLUDED IN AUDITED FINANCIAL STATEMENTS REVENUE, BUT NOT IN FORM 990, PART VIII, LINE 12 - $26,239 1 Sistema Infantil Teleton USA 10839 Quarry Park San Antonio TX 78233 464845389 501C3 2873000 Support for Operations Valero Energy Foundation One Valero Way San Antonio TX 78249 742904514 151312 Contribution 2 0 Schedule I, Part I, Line 2 ORGANIZATION SEEKING FINANCIAL SUPPORT IN THE FORM OF GRANTS, MUST SIGN A CONTRACT WHICH RESTRICTS THE USE OF THE GRANT PROCEEDS FOR SECTION 501C3 PURPOSES. AS PART OF THE THIS GRANT CONTRACT, THE GRANTEE MUST AGREE TO ASSESSMENT AND MONITORING VISITS FOR THE PURPOSE OF THE PROJECT ASSESSMENT AND/OR TO VERIFY THAT THE INSTITUTION HAS PROPERLY USED THE RESOURCES PER THE TERMS OF THE GRANT AGREEMENT. IF THE GRANT IS RESTRICTED FOR THE PURPOSE OF THE EQUIPMENT, THE GRANTEE MUST OBTAIN AND SUBMIT THREE COST PROPOSALS, ADDITIONALLY, THE GRANTEE MUSH PERIODICALLY SUBMIT FINANCIAL RECORDS, INCLUDING INVOICES, TO SUPPORT THAT THE GRANT FUNDS WERE APPROPRIATELY EXPENDED. UPON MONITORING THE FUNDS, SHOULD FUNDACION TELETON USA DETERMINE THAT ANY GRANT FUNDS WERE NOT PROPERLY SPENT FOR SECTION 501C3 PURPOSE, PURSUANT TO THE TERMS OF THE GRANT CONTRACT, THE DONEE MUST RETURN THE FUNDS. X 1 1 0 0 0 0 0 0 0 0 0 Federica Soriano PROGRAM DEVELOPMENT OFFICER 0 147525 0 0 0 0 0 0 0 15868 0 163393 0 0 Schedule J, Part I, Line 1a Company Issued Credit Card Form 990, Part VI, Section A, Line 4 THE BOARD OF TRUSTEE VOTED IN FAVOR TO RESATE THE BYLAWS OF THE ORGANIZATION TO UPDATE THE ALTERNATIVE FORMS OF THE MEETINGS, TO ADD A CHIEF ADMINISTRATIVE OFFICER OF THE ORGANIZATION AND ALLOWED ALL OFFICER OF THE CORPORATION TO ENTER INTO ANY CONTRACT ON BEHALF OF THE CORPORATION. Form 990, Part VI, Section B, Line 11b THE BOARD OF TRUSTEES HAS DELEGATED THE PREPARATION OF THE FORM 990 TO THE TREASURER. THE ORGANIZATION'S TREASURER WORKS CLOSELY WITH THE ACCOUNTING DEPARTMENT WHO IS DIRECTLY RESPONSIBLE FOR THE PREPARATION OF THE FORM, ONCE COMPLETED, THE OUTSIDE ACCOUNTING FIRM REVIEWS IT. FOLLOWING THE TREASURER'S DISCUSSION WITH THE ACCOUNTING FIRM, THE TREASURER REPORTS BACK TO THE BOARD REGARDING THE OVERSIGHT OF THE FORM 990 AND THE FINAL DRAFT IS PROVIDED TO THE ENTIRE VOTING BOARD BEFORE THE RETURN IS FILED. Form 990, Part VI, Section B, Line 12c THE COMPLIANCE COMMITTEE OF THE BOARD IS CHARGED WITH MONITORING PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICT OF INTEREST AND ADDRESSING ANY POTENTIAL OR ACTUAL CONFLICTS PURSUANT TO THE CONFLICT OF INTEREST POLICY. AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE AIMED AT DETERMINING ANY FAMILY AND BUSINESS RELATIONSHIPS AND TRANSACTIONS OR OTHER TRANSACTIONS THAT MAY POSE A POTENTIAL CONFLICT IS DISTRIBUTED TO THE ALL COVERED PERSONS. (I.E. BOARD MEMBERS, OFFICERS AND EXECUTIVE LEADERSHIP OR KEY EMPLOYEES, IF ANY). COVERED PERSON IS REQUIRED TO DISCLOSE REAL OR POTENTIAL CONFLICTS AT THE TIME WHEN SUCH CONFLICTS ARISE. WHEN SOMEONE BECOMES A COVERED PERSON, AND ANNUALLY THEREAFTER, EACH COVERED PERSON IS REQUIRED TO SIGN A STATEMENT AFFIRMING THAT HE/SHE: 1) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, 2) HAS READ THE POLICY AND UNDERSTANDS SAID POLICY, AND 3) AGREES TO COMPLY WITH ALL THE REQUIREMENTS OF THE POLICY, INCLUDING COMPLETING THE CONFLICT OF INTEREST QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE COMPLIANCE COMMITTEE AND ANY PERSON WITH ACTUAL OR POTENTIAL CONFLICTS ARE INFORMED VIA WRITTEN COMMUNICATION. THE PROCEDURES FOR ADDRESSING ANY CONFLICT OF INTEREST WHICH INCLUDES BUT IS NOT LIMITED TO (1) THE CONFLICTING INTEREST IS FULLY DISCLOSED TO THE BOARD; (2) THE INTERESTED PERSON RESPONDS TO FACTUAL QUESTIONS RELATED TO THE SUBSTANCE OF THE TRANSACTION OR ARRANGEMENT BEING CONSIDERED, AFTER WHICH HE/SHE SHALL LEAVE THE MEETING; (3) THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION; (4) ALTERNATIVES TO THE PROPOSED TRANSACTION ARE INVESTIGATED, COMPETITIVE BIDS OR COMPARABLE VALUATIONS ARE OBTAINED, (5) ANY CONFLICTING ISSUES DURING THE COURSE OF A BOARD MEETING WHICH CAN NOT BE RESOLVED ARE REFERRED TO THE GOVERNANCE COMMITTEE AND (6) THE TRANSACTION OR ACTION MUST BE APPROVED BY A MAJORITY OF DISINTERESTED PERSONS. Form 990, Part VI, Section C, Line 19 WHILE FEDERAL TAX LAWS DO NOT MANDATE THAT THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE TO THE PUBLIC FOR INSPECTION, THE ORGANIZATION MAKES THEM AVAILABLE UPON REQUEST. Form 990, Part XII, Line 2c THE ORGANIZATION'S OVERSIGHT AND SELECTION PROCESS FOR THE AUDIT OF THE FINANCIAL STATEMENTS HAS NOT CHANGED. FUNDACION TELETON MEXICO AC AV GUSTAVO BAZ 219 SAN PEDRO BARRIENTOS CUIDAD DE MEXICO MEXICO MX 54010 OPERATION OF CARE AND REHAB CENTERS MX N/A 0 SISTEMA INFANTIL TELETON USA 10839 QUARRY PARK SAN ANTONIO TX 78233 464845389 OPERATION OF CARE AND REHAB CENTER TX 501(C)(3) LINE 7 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SISTEMA INFANTIL TELETON USA b 2873000 FMV of Donation FUNDACION TELETON MEXICO AC c 700479 FMV of Donated Services An Extension Was timely Filed