Telamon Corporation
90% goes to programs $0 to raise $100 Declining revenue
Telamon Corporation is a 501(c)(3) organization based in Raleigh, North Carolina, registered in 1973, with $70,787,921 in FY2023 revenue. CharityIndex grades it A+, and it directs about 90% of spending to programs.
5560 Munford Rd, Raleigh, NC, 27612 EIN 56-1022483 Since 1973
Revenue (FY2023)
$70.8M
▼ 8.7% vs prior year
Human Services median: $293K
Expenses (FY2023)
$65.9M
Net assets
$16.9M
Employees
1,235
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating90% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Telamon Corporation: 90% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating3 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Telamon Corporation: 3 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Telamon Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Telamon Corporation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To provide educational services that lead to better jobs, better lives, and better communities.
What they do
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.
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.
Contact & location
- Address
- 5560 Munford Rd, Raleigh, NC, 27612
- City
- Raleigh
- State
- North Carolina
- Category
- Human Services
- Subcategory
- Human Service Organizations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $61.9M (FY2013) to $70.8M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $12.6MNet assets $16.9M
Operating margin
6.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$29.5M
Total liabilities
$12.6M
Net assets
$16.9M
Salaries & benefits
$43.9M
67% of expenses
Board members
14
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $70,787,921▼8.7% | $65,946,534▼22.4% | $16,933,591▲40.0% | $29,534,806▲17.3% | 990 |
| 2022 | $77,514,974▼37.5% | $84,980,290▼32.2% | $12,092,204▼38.2% | $25,180,579▼37.5% | 990 |
| 2021 | $123,985,196▲45.9% | $125,369,245▲47.7% | $19,557,520▲35.3% | $40,281,638▲39.0% | 990 |
| 2020 | $85,006,099▲18.7% | $84,898,694▲18.8% | $14,457,299▲0.7% | $28,971,791▼6.2% | 990 |
| 2019 | $71,632,694▼4.7% | $71,493,260▼4.8% | $14,352,670▲0.9% | $30,892,364▲14.6% | 990 |
| 2018 | $75,143,122▲6.1% | $75,095,553▲5.6% | $14,226,848▲0.7% | $26,967,373▲1.6% | 990 |
| 2017 | $70,854,360▲4.5% | $71,082,307▲0.5% | $14,123,181▼1.9% | $26,533,460▲4.8% | 990 |
| 2016 | $67,774,813▼2.3% | $70,739,148▲0.5% | $14,390,257▼24.3% | $25,317,810▼14.4% | 990 |
| 2014 | $69,347,505▲12.0% | $70,373,389▲13.2% | $19,004,148▲261% | $29,568,213▲75.7% | 990 |
| 2013 | $61,909,424 | $62,145,567▲0.5% | $5,269,651▲8.7% | $16,831,822▲2.8% | 990 |
| 2011 | — | $61,834,443▲1.9% | $4,847,707▲57.0% | $16,371,471▲28.8% | 990 |
| 2010 | — | $60,693,828▲3.8% | $3,086,779▲2.5% | $12,712,139▼6.3% | 990 |
| 2009 | — | $58,444,189 | $3,010,531 | $13,573,247 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Suzanne Orozco — $186,488 (0.28% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Suzanne Orozco | President and Ceo | 45 | $186,488 |
| Michael Vazquez | Svp and Cfo (until 3/2024) | 45 | $132,131 |
| Lindsey Stutzman Deaner | Svp of Hr | 45 | $112,096 |
| Michael Mccord | Controller (until 1/2024) | 45 | $106,615 |
| Patricia Kingery | Vp of Ecfs | 45 | $106,390 |
| Timothy Poppema | Svp of Corporate Communications | 45 | $93,242 |
| Jeffrey Andy Pederson | Svp of It | 45 | $87,742 |
| Amanda Lopez | Member | 1 | — |
| Chelsie Jaramillo | Secretary | 1.5 | — |
| Cherell Harris | Member | 1 | — |
| Christopher Schuster | Vice Chair | 1.5 | — |
| Cindy Santiago | Member | 1 | — |
| David Hood | Treasurer | 1.5 | — |
| Joan Grimm | Member | 1 | — |
| Justin Hanke | Member (as of 2/2024) | 1 | — |
| Kei Alegria-flores | Member (until 3/2024) | 1 | — |
| Laura Phipps | Member | 1 | — |
| Mary Wedgeworth | Member | 1 | — |
| Patricia Glidewell | Member | 1 | — |
| Polly Raible | Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Great Lakes Recreation Co LLC | Playground Replacement Services | $977,764 |
| Cafe Cakes Bakery & Catering | Food Services | $173,843 |
| Alta Vista Technology LLC | It Services Renewal | $165,561 |
Grants received · $11.8M total
16 grants to Telamon Corporation totaling $11.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| East Tennessee Foundation | Human services | 2024 | $11,922 |
| East Tennessee Foundation | Gen/oper support | 2023 | $7,500 |
| East Tennessee Foundation | Gen/oper support | 2022 | $7,500 |
| Charities Aid Foundation America | Charitable donation | 2022 | $5,500 |
| Neighborhood Reinvestment Corp | General support | 2021 | $1,076,982 |
| Good360 | To assist those in need. | 2021 | $233,412 |
| East Tennessee Foundation | Gen/oper support | 2021 | $7,500 |
| The Community Foundation Inc | General purposes. | 2020 | $10,000 |
| East Tennessee Foundation | Gen/oper support | 2020 | $7,500 |
| Delaware Community Foundation | Restricted support for the local head start school readiness program. | 2020 | $5,000 |
| Early Learning Indiana Inc | Capacity building grant | 2018 | $55,500 |
| Save the Children Federation Inc | Humanitrian activity | 2018 | $7,456 |
| Grow Early Learning Corp | To provide subcontracts for provision of migrant head start services | 2016 | $3,163,416 |
| Grow Early Learning Corp | To provide subcontracts for provision of migrant head start services | 2015 | $3,547,692 |
| Grow Early Learning Corp | To prov subcontracts for prov of migrant head start servs | 2014 | $3,626,028 |
Grants made · $2.1M in FY2023
8 grants totaling $2.1M in FY2023. All grants made by Telamon Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Wanda's Little Hands Education Center | Day care service for eligible head start children | $401,909 |
| Appletree Day Care | Day care service for eligible head start children | $377,721 |
| Precious Promises Academy | Day care service for eligible head start children | $316,202 |
| Young Mens Christian Association of Muncie Indiana | Day care service for eligible head start children | $284,191 |
| Teddy Bear Child Care Center | Day care service for eligible head start children | $229,001 |
| Buen Pastor Ministries Inc | Day care service for eligible migrant children | $185,222 |
| Udder Angels Childcare LLC | Day care service for eligible head start children | $183,816 |
| Priceless Child Care | Day care service for eligible head start children | $163,709 |
Similar organizations in Human Services
- Human Services
Presbyterian Homes Inc
Greensboro, NC
$73.5M
Aannual revenue
Human Services
YMCA of Greater Charlotte
Charlotte, NC
$74.1M
B+annual revenue
Human Services
Latino Community Development Center
Durham, NC
$65.3M
Aannual revenue
- Human Services
Hospice of the Emerald Coast Inc
Mooresville, NC
$61.7M
C+annual revenue
Human Services
Authoracare Collective
Burlington, NC
$59.6M
Bannual revenue
Human Services
Everyage
Newton, NC
$57.3M
Bannual revenue
Human Services
Southminster Inc
Charlotte, NC
$54.4M
Dannual revenue
Human Services
Carolina Meadows Inc
Chapel Hill, NC
$53.8M
Dannual revenue
Human Services
Medassist of Mecklenburg
Charlotte, NC
$53.0M
Aannual revenue
Human Services
Presbyterian Homes Inc
Greensboro, NC
$51.8M
C+annual revenue
Compare Telamon Corporation
Frequently asked questions
- Is Telamon Corporation a legitimate nonprofit?
- Yes. Telamon Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1022483, based in Raleigh, North Carolina. Donations are tax-deductible.
- What is Telamon Corporation's EIN?
- Telamon Corporation's Employer Identification Number (EIN) is 56-1022483.
- How much revenue does Telamon Corporation report?
- Telamon Corporation reported $70,787,921 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Telamon Corporation's spending goes to programs?
- Telamon Corporation spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Telamon Corporation have?
- CharityIndex grades Telamon Corporation A+, based on program efficiency and fundraising cost.
- How much does Telamon Corporation's highest-paid employee make?
- The highest reported compensation on Telamon Corporation's latest Form 990 is $186,488, paid to Suzanne Orozco (President and Ceo).
More nonprofits in Raleigh
Explore more
Data for Telamon Corporation (EIN 56-1022483) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.