2024-08-15T15:38:28-05:00 2023-09-30 420714325 RSM US LLP 9801 WASHINGTONIAN BLVD SUITE 500 GAITHERSBURG MD 20878 990 2022-10-01 561022483 TELAMON CORPORATION TELA 9198517611 5560 MUNFORD ROAD SUITE 201 RALEIGH NC 27612 STEVEN MAYNE SR VP, CFO 9198517611 2024-08-15 1 0 JULIA FLANNERY P00928918 3012963600 2024-08-15 2022 2024-08-08 14:25:15Z TRANSITION RESOURCES CORPORATION SUZANNE OROZCO 5560 MUNFORD ROAD SUITE 201 RALEIGH NC 27612 78386739 0 X TELAMON.ORG X 1972 NC TO PROVIDE EDUCATIONAL SERVICES THAT LEAD TO BETTER JOBS, BETTER LIVES, AND BETTER COMMUNITIES. 14 14 1261 1799 0 0 122899752 76925967 1178969 373249 -93525 215758 0 0 123985196 77514974 55987281 18499830 0 0 34875096 43250681 0 0 0 34506868 23229779 125369245 84980290 -1384049 -7465316 40281638 25180579 20724118 13088375 19557520 12092204 TELAMON - TRANSITION RESOURCES CORPORATION (TRC) DISRUPTS THE CYCLE OF POVERTY BY EMPOWERING FAMILIES TO OVERCOME BARRIERS TO SUCCESS. 0 0 48728529 1692734 373249 EARLY CHILDHOOD AND FAMILY SUPPORT - COMPREHENSIVE EARLY CHILDHOOD SERVICES FOR ELIGIBLE CHILDREN AND FAMILIES, INCLUDING MIGRANT AND SEASONAL FARMWORKER FAMILIES VIA HEAD START SERVICES. PROGRAMS FOCUSED ON PREPARING YOUNG CHILDREN FOR SCHOOL AND STRENGTHENING FAMILIES THROUGH EDUCATION AND SUPPORT VIA COLLABORATIVE COMMUNITY PARTNERSHIPS. 20856397 15675438 HOUSING AND FINANCIAL EMPOWERMENT SERVICES - PROGRAMS HELP CUSTOMERS BUILD FINANCIAL SECURITY THROUGH SECURE, AFFORDABLE, AND SAFE HOUSING OPTIONS. ARRAY OF SERVICES INCLUDE TRANSITIONAL AND PERMANENT HOUSING SUPPORT, EVICTION PREVENTION, AND UTILITY AND ENERGY ASSISTANCE. THIS ALSO INCLUDES ONE ON ONE COUNSELING, COACHING, AND GROUP WORKSHOPS ON MORTGAGE PROTECTION, FAIR HOUSING, HOMEBUYER AND RENTER EDUCATION, AND PERSONAL FINANCE AND BUDGETING. 9024079 1131658 WORKFORCE AND CAREER SERVICES - BROAD ARRAY OF CUSTOMIZED WORK READINESS, JOB SKILL AND SAFETY TRAINING WITH FOCUS ON HELPING MIGRANT AND SEASONAL FARMWORKERS SEEKING TO BUILD NEW SKILL SETS. CAREER READINESS AND JOB SKILL DEVELOPMENT SUPPLEMENTED BY LANGUAGE (ESL), EDUCATIONAL SUPPORT (GED), ONE ON ONE COUNSELING, AND TOPIC SPECIFIC WORKSHOPS. 78609005 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 1347 0 1 1261 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL DE GA IN MD MI NC SC TN VA WV X X SUZANNE OROZCO 9198517611 5560 MUNFORD ROAD SUITE 201 RALEIGH NC 27612 THOMAS J CARMON III CHAIR 1.50 X X 0 0 0 CHRISTOPHER SCHUSTER VICE-CHAIR 1.50 X X 0 0 0 DAVID HOOD TREASURER 1.50 X X 0 0 0 CHELSIE JARAMILLO SECRETARY 1.50 X X 0 0 0 JENNIFER MCENTIRE SECRETARY (THRU 08/2023) 1.50 X X 0 0 0 KEI ALEGRIA-FLORES MEMBER (AS OF 11/2022) 1.00 X 0 0 0 RONALD FUNDERBURK MEMBER 1.00 X 0 0 0 PATRICIA GLIDEWELL MEMBER (AS OF 08/2023) 1.00 X 0 0 0 ANNIE GRAHAM MEMBER (THRU 08/2023) 1.00 X 0 0 0 ESTHER GRAHAM MEMBER (THRU 08/2023) 1.00 X 0 0 0 JOAN GRIMM MEMBER 1.00 X 0 0 0 CHERELL HARRIS MEMBER (AS OF 02/2023) 1.00 X 0 0 0 AMANDA LOPEZ MEMBER 1.00 X 0 0 0 LAURA PHIPPS MEMBER 1.00 X 0 0 0 POLLY RAIBLE MEMBER (AS OF 02/2023) 1.00 X 0 0 0 CINDY SANTIAGO MEMBER 1.00 X 0 0 0 MARY WEDGEWORTH MEMBER 1.00 X 0 0 0 SUZANNE OROZCO CHIEF EXECUTIVE OFFICER 45.00 X 182439 0 12693 MICHAEL VAZQUEZ CHIEF FINANCIAL OFFICER 45.00 X 116569 0 23552 JAMES KING SVP OF IT (THRU 11/2022) 45.00 X 121110 0 18212 PATRICIA KINGERY VP OF ECFS 45.00 X 101380 0 34621 KAY GORDON HEAD START DIRECTOR (THRU 11/2022) 45.00 X 114750 0 11428 636248 0 100506 5 0 1 0 ROBERT HALF PO BOX 743295 LOS ANGELES CA 90074 TEMPORARY STAFFING 1200551 ROTH STAFFING COMPANIES LP 450 NORTH STATE COLLEGE BOULEVARD ORANGE CA 92868 STAFFING 577620 TERESA FITZPATRICK CONTRACTING COMPANY 5525 N LESLIE DR MUNCIE IN 47304 BUILDING MAINT. AND REPAIRS 374633 EJJ SOLUTIONS LLC 4763 18TH AVE N ST PETERSBURG FL 33713 IT SERVICES AND CONSULTING 283914 A SAFE PLACE 1216 CROSSLINK RD RALEIGH NC 27610 CHILDCARE SERVICES 276748 10 74823680 2102287 1036633 76925967 PROGRAM REVENUE 900099 212031 212031 FEE REVENUE 900099 153879 153879 HOUSING FEES 900099 7339 7339 373249 48811 48811 200989 837723 200000 671765 989 165958 166947 166947 77514974 373249 0 215758 262846 262846 18236984 18236984 321513 321513 29002658 26754422 2248236 2885584 2885584 8912579 7745094 1167485 2128347 2122587 5760 291061 10308 280753 78750 78750 1444664 1443899 765 65073 64748 325 6515023 5542669 972354 1334685 1306546 28139 1435981 1111703 324278 1530226 1502051 28175 1237344 1237344 1565671 1291450 274221 EQUIPMENT/BUILDING COST 4606873 4566903 39970 EMPLOYEE RECRUITMENT/DE 988186 912567 75619 SUBSCRIPTIONS/MEMBERS 712941 614521 98420 LICENSES AND TAXES 210824 153378 57446 1212477 843401 369076 84980290 78609005 6371285 0 11922787 264167 4962666 11985142 3034365 144150 250000 233644 225732 694859 610535 37248570 23071583 14431133 14176987 210038 19861 36000 36000 623885 1600266 40281638 25180579 8968932 9668023 8812231 516535 2942955 2903817 20724118 13088375 X 8656927 609112 10900593 11483092 19557520 12092204 40281638 25180579 -7465316 0 X 0 1 X 1 1 1 X 74554023 71255690 84382054 122899752 76925967 430017486 74554023 71255690 84382054 122899752 76925967 430017486 430017486 32413 -686 9554 15840 48811 105932 430123418 3101085 0.99980 0.99980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2347393 2347393 15782988 9270568 6512420 6026773 3069955 2956818 13091416 10731060 2360356 14176987 SECURITY DEPOSITS 194083 LAND AVAILABLE FOR SALE 284448 RIGHT-OF-USE ASSET 1121735 1600266 CAPTIVE INSURANCE 1798827 LEASE LIABILITY 1104990 2903817 X 79617188 2102214 2102214 77514974 0 77514974 87082504 2102214 2102214 84980290 0 84980290 PART X, LINE 2: THE ORGANIZATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND THE APPLICABLE STATE TAX STATUTES. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTIONS DEDUCTION UNDER SECTION 170(B)(1)(A) OF THE IRC. MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED BY U.S. GAAP. MANAGEMENT BELIEVES THE ORGANIZATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT SEPTEMBER 30, 2023 AND 2022. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE CONSOLIDATED FINANCIAL STATEMENTS, AND DETERMINED THE ORGANIZATION HAD NO SIGNIFICANT UNCERTAIN INCOME TAX POSITIONS AT SEPTEMBER 30, 2023 AND 2022. 1 BUEN PASTOR MINISTRIES 111 W 13TH STREET HOLLAND MI 49423 383282619 501(C)(3) 219191 0 DAY CARE SERVICE FOR ELIGIBLE MIGRANT CHILDREN NC COMMUNITY HOUSING & CONSULTING 3620 LEGION ROAD SUITE 204 HOPE MILLS NC 28348 811210073 501(C)(3) 43655 0 DAY CARE SERVICE FOR ELIGIBLE MIGRANT CHILDREN 2 0 EMERGENCY SERVICES 7101 15636017 PARTICIPANT SERVICES 3218 1883263 CLASSROOM TRAINING 1090 636576 WORK EXPERIENCE WAGES 160 74893 OJT EMPLOYER INCENTIVES 2 6235 PART I, LINE 2: SUPERVISORS MONITOR THEIR PROJECTS USING OUR ACCOUNTING INFORMATION SYSTEM. TELAMON ALSO HAS AN INTERNAL MONITORING DEPARTMENT THAT REVIEWS REPORTS/TRANSACTIONS ON A PERIODIC BASIS. FURTHER, ALL TRANSACTIONS OVER $2,000 ARE REVIEWED BY THE CFO OR THE CONTROLLER. X X X 0 0 0 0 0 0 0 0 0 SUZANNE OROZCO CHIEF EXECUTIVE OFFICER 182439 0 0 0 0 0 0 0 12693 0 195132 0 0 0 SUZANNE OROZCO OFFICER SEE PT V X 25000 250000 0 1 1 250000 SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS: (C) PURPOSE OF LOAN: SPLIT-DOLLAR LIFE INSURANCE ARRANGEMENT. THE BASE FACE AMOUNT OF THE SPLIT-DOLLAR LIFE INSURANCE POLICY IS $690,371. MS. OROZCO OWNS THE POLICY BUT TELAMON PAYS AND IS DEEMED TO LOAN THE PREMIUMS. INTEREST ACCRUES ON THE UNPAID BALANCE NOTE EACH YEAR. THE IMPUTED INTEREST IS PAID TO TELAMON BY MS. OROZCO ON AN ANNUAL BASIS. MS. OROZCO HAS ASSIGNED A PORTION OF THE CASH VALUE AND DEATH BENEFIT TO TELAMON EQUAL TO THE CUMULATIVE PREMIUMS PAID. CUMULATIVE PREMIUMS AT RETIREMENT AGE ARE ESTIMATED TO BE $350,000. X 1036633 ESTIMATED FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND PROVIDED TO THE GOVERNANCE BOARD PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ALL PERSONNEL, INCLUDING OFFICERS AND BOARD MEMBERS, ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. THE IMMEDIATE SUPERVISOR AND ALL SUPERVISORY LEVELS ABOVE ARE RESPONSIBLE FOR ENSURING NO CONFLICTS OF INTEREST OCCUR. IN THE EVENT OF A CONFLICT DURING THE YEAR, THE INTERESTED PERSON WILL RECUSE HIM OR HERSELF FROM THE DISCUSSION OR VOTE. FORM 990, PART VI, SECTION B, LINE 15 TELAMON CONDUCTS A WAGE COMPARABILITY STUDY BIENNIALLY FOR ALL POSITIONS ACROSS THE CORPORATION. THE STUDY USES SALARY DATABASE SOFTWARE, THE SALARY ASSESSOR & GEOGRAPHIC ASSESSOR, PUBLISHED BY THE ECONOMIC RESEARCH INSTITUTE, TO COMPARE SALARY INFORMATION FOR SIMILAR POSITIONS IN SIMILAR GEOGRAPHIC REGIONS. FORM 990, PART VI, SECTION C, LINE 19 TELAMON MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND OTHER PUBLIC DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). AMHERST VILLAGE LIMITED PARTNERSHIP 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 264806563 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 3697 0 1 BIRCH ISLAND II LP 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 205013392 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 6069 0 1 0.00000 BURNT ORDINARY VILLAGE LTD 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 261889516 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 -2810 0 1 CEDAR CREEK APARTMENTS I LP 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 463213403 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 37091 0 1 CEDAR STREET APARTMENTS LP 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 208486284 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 2967 0 1 CHUCKATUCK I LIMITED PARTNERSHIP 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 261889587 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -2 39177 0 1 COUNTRY GREEN I LIMITED PARTNERSHIP 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 371738165 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 4432 0 1 COURTHOUSE LANE II LIMITED PARTNERSHIP 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 204418849 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 2585 0 1 CREWE VILLAGE APARTMENTS LTD 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 814197423 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 6378 0 1 CRICKET HILL LIMITED PARTNERSHIP 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 264807150 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 6153 0 1 GYPSY HILL HOUSE I LTD 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 275373202 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -18552 0 1 LLEWELLYN VILLAGE LTD 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 264806751 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 6648 0 1 LOWE GARDENS I LTD 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 453037179 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -5308 0 1 MALVERN HILLS APARTMENTS LP 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 462249302 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 4021 0 1 MARJORIE GARDENS I LIMITED PARTNERSHIP 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 460622978 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -5 -1113 0 1 MEADOW RUN APARTMENTS LTD 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 275375143 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 -1843 0 1 MEADOWBROOK HEIGHTS LTD 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 261889632 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 5062 0 1 MEADOWS APARTMENTS LTD 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 202448153 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 18532 0 1 NEW APPLE TREE GARDENS I LTD 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 270558798 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -3 -20731 0 1 NEW CROSS ROADS I LTD 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 270675518 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 3406 0 1 NEW INDIAN CREEK LTD 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 264807214 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 1890 0 1 NEW SURRY VILLAGE II LTD 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 264807110 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 22545 0 1 NEW UNITY TERRACE I LTD 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 270675543 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 5364 0 1 NEWPORT VILLAGE LIMITED PARTNERSHIP 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 208486595 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 16018 0 1 PARKWAY VILLAGE APARTMENTS LTD 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 275374225 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 11513 0 1 PINE RIDGE APARTMENTS LTD 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 264806943 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 3165 0 1 ROYAL HILLS APARTMENTS I LP 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 463231182 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 5071 0 1 RYAN VILLAGE I LP 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 460618455 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 3550 0 1 STEPHENS VILLAGE I LTD 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 204418909 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 14330 0 1 WARRENTON MANOR ELDERLY LP 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 472216892 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -5 11466 0 1 WEAVER MANOR I LIMITED PARTNERSHIP 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 320458621 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 38169 0 1 WINDEMERE APARTMENTS LP 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 275375304 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 13811 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SCHEDULE R, PART III, COLUMN (K) TELAMON'S OWNERSHIP PERCENTAGE OF THE RELATED PARTNERSHIPS INCLUDED IN PART III IS 0.001%.