2026-05-21T09:52:45-05:00 2025-09-30 420714325 RSM US LLP 9801 WASHINGTONIAN BLVD SUITE 500 GAITHERSBURG MD 20878 990 2024-10-01 561022483 TELAMON CORPORATION TELA 9198517611 5560 MUNFORD ROAD SUITE 201 RALEIGH NC 27612 STEVEN MAYNE CFO 9198517611 2026-05-20 1 0 JULIA FLANNERY P00928918 3012963600 2026-05-20 2024 2025-03-06 01:10:19Z TRANSITION RESOURCES CORPORATION SUZANNE OROZCO 5560 MUNFORD ROAD SUITE 201 RALEIGH NC 27612 64550778 0 X TELAMON.ORG X 1972 NC TELAMON | TRC DISRUPTS THE CYCLE OF POVERTY BY EMPOWERING FAMILIES TO OVERCOME BARRIERS TO SUCCESS 14 14 1121 2327 0 0 70217731 61717348 155650 1404797 127266 523925 287274 290780 70787921 63936850 5281121 4810182 0 0 43937311 40921238 0 0 0 16728102 14915200 65946534 60646620 4841387 3290230 29534806 32771607 12601215 10846767 16933591 21924840 TELAMON - TRANSITION RESOURCES CORPORATION (TRC) DISRUPTS THE CYCLE OF POVERTY BY EMPOWERING FAMILIES TO OVERCOME BARRIERS TO SUCCESS. 0 0 49459091 1913548 1000 EARLY CHILDHOOD AND FAMILY SUPPORT (ECFS) - 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. 3536128 1661941 1403797 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. 2292663 1234693 0 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. 55287882 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 1 275 0 1 1121 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 STEVEN MAYNE 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 RONALD FUNDERBURK MEMBER 1.00 X 0 0 0 PATRICIA GLIDEWELL MEMBER 1.00 X 0 0 0 JOAN GRIMM MEMBER 1.00 X 0 0 0 JUSTIN HANKE MEMBER 1.00 X 0 0 0 CHERELL HARRIS MEMBER 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 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 PRESIDENT AND CEO 45.00 X 193843 0 19656 STEVE MAYNE CHIEF FINANCIAL OFFICER 45.00 X 111450 0 16261 LINDSEY STUTZMAN DEANER SVP, HUMAN RESOURCES 45.00 X 118065 0 26225 TIMOTHY POPPEMA SVP, CORPORATE COMMNICATION 45.00 X 107397 0 27509 PATRICIA KINGERY VP, ECFS 45.00 X 113165 0 41479 JEFFREY PEDERSON SVP, INFORMATION TECHNOLOGY 45.00 X 114260 0 42488 758180 0 173618 6 0 1 0 GREAT LAKES RECREATION CO LLC 39 VETERANS DRIVE SUITE 310 HOLLAND MI 49423 INSTALLATION SERVICES 1160394 PROSCAN SOLUTIONS INC 7750 TRINITY ROAD SUITE 111 CORDOVA TN 38018 INFORMATION SERVICES 474836 CONSTRUCTION PARTNERS 703 PRINCETON RD JOHNSON CITY TN 37601 RENOVATION SERVICES 438363 RSM US LLP 5155 PAYSPHERE CIRCLE CHICAGO IL 60674 PROFESSIONAL SERVICES 310031 FIELD PLUMBING & HEATING INC 57739 CR 365 LAWRENCE MI 49064 HVAC SERVICES 286884 16 61048770 668578 83475 61717348 PROGRAM REVENUE 900099 1353885 1353885 FEE REVENUE 900099 33881 33881 HOUSING FEES 900099 17031 17031 1404797 202114 202114 28445 907294 27229 586699 1216 320595 321811 321811 INSURANCE REIMBURSEMNT 900099 290780 290780 290780 63936850 1404797 0 814705 1913548 1913548 2896634 2896634 327930 298917 29013 26844513 24465038 2379475 1371282 1254612 116670 9393983 8594735 799248 2983530 2729689 253841 112426 80030 32396 142952 101760 41192 759 759 464014 330307 133707 39069 38133 936 3047063 2310445 736618 914487 895837 18650 2123781 2045502 78279 847595 819974 27621 254096 248008 6088 158 154 4 1438202 1383678 54524 851084 605841 245243 EQUIPMENT/BUILDING COST 2944333 2832711 111622 SUBSCRIPTIONS/MEMBERS 726169 550048 176121 EMPLOYEE RECRUITMENT AN 679233 709435 -30202 LICENSES AND TAXES 201371 58902 142469 128408 123944 4464 60646620 55287882 5358738 0 389212 482550 4059530 9024389 4562638 2068002 275000 300000 217495 209240 1235309 968355 36833976 20273220 16300348 16560756 28569 0 36000 36000 2430705 3122315 29534806 32771607 8173727 6535245 1294702 350184 3132786 3961338 12601215 10846767 X 3185504 7892197 13748087 14032643 16933591 21924840 29534806 32771607 3290230 6752 1694267 0 X 0 1 X 1 1 1 X 84382054 125998744 76925967 69460537 61717348 418484650 84382054 125998744 76925967 69460537 61717348 418484650 418484650 9554 15840 48811 108939 202114 385258 287274 290780 578054 419447962 3727156 0.99770 0.99890 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INSURANCE REIMBURSEMENT CORPORATE REVENUE RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2252418 2252418 17845921 9240792 8605129 6430459 3436041 2994418 10305178 7596387 2708791 16560756 LAND AVAILABLE FOR SALE 94630 SECURITY DEPOSITS 206699 RIGHT-OF-USE ASSET 2820986 3122315 CAPTIVE INSURANCE 1090036 LEASE LIABILITY 2871302 3961338 X 66986566 6752 3042964 3049716 63936850 0 63936850 63689584 3042964 3042964 60646620 0 60646620 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, 2025 AND 2024. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS, AND DETERMINED THE ORGANIZATION HAD NO SIGNIFICANT UNCERTAIN INCOME TAX POSITIONS AT SEPTEMBER 30, 2025 AND 2024. 1 APPLETREE DAY CARE INC PO BOX 14066 RALEIGH NC 27620 561719379 561614 0 DAY CARE SERVICE FOR ELIGIBLE HEAD START CHILDREN BUEN PASTOR 113 WEST 13TH ST HOLLAND MI 49423 383282619 501(C)(3) 20609 0 DAY CARE SERVICE FOR ELIGIBLE MIGRANT CHILDREN PRECIOUS PROMISES ACADEMY INC 4301 PEARL ROAD RALEIGH NC 27610 825501371 273462 0 DAY CARE SERVICE FOR ELIGIBLE HEAD START CHILDREN PRICELESS CHILD CARE INC 316 SOUTH KING CHARLES RD RALEIGH NC 27610 454981134 191436 0 DAY CARE SERVICE FOR ELIGIBLE HEAD START CHILDREN TEDDY BEAR CHILD CARE 1600 W COWING DR MUNCIE IN 47304 464775593 179415 0 DAY CARE SERVICE FOR ELIGIBLE HEAD START CHILDREN UDDER ANGELS CHILDCARE LLC 625 W ADAMS ST ALEXANDRIA IN 46001 202329526 157325 0 DAY CARE SERVICE FOR ELIGIBLE HEAD START CHILDREN WANDA'S LITTLE HANDS EDU CENTER 3400 POOLE RD RALEIGH NC 27610 800600774 219114 0 DAY CARE SERVICE FOR ELIGIBLE HEAD START CHILDREN YMCA OF MUNCIE 2809 W PURDUE AVE MUNCIE IN 47304 350868215 501(C)(3) 310573 0 DAY CARE SERVICE FOR ELIGIBLE HEAD START CHILDREN 2 6 PARTICIPANT SERVICES 1451 1726191 CLASSROOM TRAINING 1884 112907 WORK EXPERIENCE WAGES 6 22551 EMERGENCY SERVICES 3889 1034985 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 X X 0 0 0 0 0 0 0 0 0 SUZANNE OROZCO PRESIDENT AND CEO 193843 0 0 0 0 0 0 0 19656 0 213499 0 0 0 JEFFREY PEDERSON SVP, INFORMATION TECHNOLOGY 114260 0 0 0 0 0 12694 0 29794 0 156748 0 0 0 PATRICIA KINGERY VP, ECFS 113165 0 0 0 0 0 12516 0 28963 0 154644 0 0 0 MS OROZCO OFFICER SEE PT V X 25000 300000 0 1 1 300000 SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS: (A) NAME OF PERSON: MS. SUZANNE OROZCO(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 83475 FMV 0 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 EVERY 5 YEARS FOR ALL POSITIONS ACROSS THE CORPORATION WITH ANNUAL ADJUSTMENTS TO COMPENSATION RANGES. 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. THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER IS REVIEWED AND APPROVED BY THE BOARD, AND THE COMPENSATION OF THE CHIEF FINANCIAL OFFICIAL IS REVIEWED AND APPROVED BY THE CEO. THE REVIEW AND APPROVAL PROCESS IS CONTEMPRANEOUSLY DOCUMENTED IN MEETING MINUTES. THE PROCESS WAS LAST UNDERTAKEN IN 2023. 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 SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). AMHERST VILLAGE LIMITED PARTNERSHIP 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 264806563 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 4433 0 1 BIRCH ISLAND II LP 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 205013392 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 1 9232 0 1 BURNT ORDINARY VILLAGE LTD 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 261889516 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 -688 0 1 CEDAR CREEK APARTMENTS I LP 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 463213403 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 25158 0 1 CEDAR STREET APARTMENTS LP 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 208486284 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -2 20249 0 1 CHUCKATUCK I LIMITED PARTNERSHIP 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 261889587 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 29169 0 1 COUNTRY GREEN I LIMITED PARTNERSHIP 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 371738165 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -2 5399 0 1 COURTHOUSE LANE II LIMITED PARTNERSHIP 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 204418849 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 2529 0 1 CREWE VILLAGE APARTMENTS LTD 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 814197423 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -2 9589 0 1 CRICKET HILL LIMITED PARTNERSHIP 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 264807150 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 4032 0 1 GYPSY HILL HOUSE I LIMITED PARTNERSHIP 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 275373202 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 1 -13500 0 1 LLEWELLYN VILLAGE LTD 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 264806751 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 7293 0 1 LOWE GARDENS I LTD 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 453037179 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 -4838 0 1 MALVERN HILLS APARTMENTS LP 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 462249302 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 -6361 0 1 MARJORIE GARDENS I LIMITED PARTNERSHIP 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 460622978 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -3 14756 0 1 MEADOW RUN APARTMENTS LTD 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 275375143 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 -405 0 1 MEADOWBROOK HEIGHTS LTD 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 261889632 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 6495 0 1 MEADOWS APARTMENTS LTD 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 202448153 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 16058 0 1 NEW APPLE TREE GARDENS I LIMITED PARTNER 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 270558798 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -2 -7509 0 1 NEW CROSS ROADS I LTD 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 270675518 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 2918 0 1 NEW INDIAN CREEK LTD 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 264807214 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 2495 0 1 NEW SURRY VILLAGE II LTD 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 264807110 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 1 10269 0 1 NEW UNITY TERRACE I LTD 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 270675543 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 5316 0 1 NEWPORT VILLAGE LIMITED PARTNERSHIP 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 208486595 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 26024 0 1 PARKWAY VILLAGE APARTMENTS LTD 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 275374225 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 12465 0 1 PINE RIDGE APARTMENTS LTD 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 264806943 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 4006 0 1 ROYAL HILLS APARTMENTS I LP 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 463231182 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED 5871 0 1 STEPHENS VILLAGE I LTD 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 204418909 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 19909 0 1 WARRENTON MANOR ELDERLY LP 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 472216892 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -4 11297 0 1 WEAVER MANOR I LIMITED PARTNERSHIP 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 320458621 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 24370 0 1 WINDEMERE APARTMENTS LP 1375 PICCARD DRIVE SUITE 375 ROCKVILLE MD 20850 275375304 RENTAL OF MULTI-FAMILY RESIDENCES VA TELAMON CORPORATION RELATED -1 16671 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE R, PART III, COLUMN (K): TELAMON'S OWNERSHIP PERCENTAGE OF THE RELATED PARTNERSHIPS INCLUDED IN PART III IS 0.001%.