2024-11-15T10:47:19-06:00 2023-12-31 520959934 ELLIN & TUCKER CHARTERED 400 EAST PRATT ST SUITE 200 BALTIMORE MD 21202 990 2023-01-01 521290067 KERALINK INTERNATIONAL INC KERA 8006081193 P O BOX 22575 BALTIMORE MD 21203 SHELBY TYLER CHIEF OPERATING & FINANCIAL OFFICER 8006081193 2024-11-15 1 0 SUSAN KELLER P00245169 4107275735 2024-11-15 2023 2024-10-15 13:58:12Z SHELBY TYLER P O BOX 22575 BALTIMORE MD 21203 9560508 0 X WWW.KERALINK.ORG X 1983 MD DEVELOP & IMPLEMENT INNOVATIVE PROGRAMS, PRODUCTS, AND SERVICES TO ELIMINATE CORNEAL BLINDNESS 10 9 9 9 0 0 3051 194566 0 0 429423 637584 0 772106 432474 1604256 0 278360 0 0 1940934 2816900 0 0 152652 993464 1112086 2934398 4207346 -2501924 -2603090 23666262 21829588 515290 208901 23150972 21620687 TO DEVELOP AND IMPLEMENT INNOVATIVE PROGRAMS, PRODUCTS, AND SERVICES TO ELIMINATE CORNEAL BLINDNESS GLOBALLY. 0 0 3293361 278360 PROGRAM EXPENSES SUPPORT THE DEVELOPMENT AND IMPLEMENTATION OF INNOVATIVE PROGRAMS, PRODUCTS, AND SERVICES TO ELIMINATE CORNEAL BLINDNESS GLOBALLY.SEE SCHEDULE O FOR MORE DETAIL ON PENSION ACCRUAL AND CONTRIBUTION EXPENSE. 3293361 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 1 18 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK CA FL KS MA MN MS NC NH NJ ND OR PA RI SC TN UT VA WV WI WA AR GA KY MI MD NM NY X SHELBY TYLER 4439617580 P O BOX 22575 BALTIMORE MD 21203 DAVID GREEN PRESIDENT 40.00 X X 231769 0 35468 C THOMAS VANGSNESS JR MD DIRECTOR 1.00 X 0 0 0 CHRISTOPHER HELMRATH DIRECTOR 1.00 X 0 0 0 DOUGLAS J FURLONG VICE CHAIRMAN 1.00 X X 0 0 0 ELLEN KOO MD DIRECTOR 1.00 X 0 0 0 FASIKA WORETA DIRECTOR 1.00 X 0 0 0 MARK JENSEN DIRECTOR 1.00 X 0 0 0 PAMELA HALL CHAIRMAN 4.50 X X 0 0 0 ROBERTO PINEDA II MD DIRECTOR 1.00 X 0 0 0 SONYA M HADRIGAN DIRECTOR 1.00 X 0 0 0 SHELBY TYLER COFO, TREASURER/SECRETARY 40.00 X 136775 0 24078 DONNA L SMITH SECRETARY 40.00 X 64469 0 12607 NOEL SELEGZI DIRECTOR OF DEVELOPMENT 40.00 X 169307 0 13078 602320 0 85231 4 0 1 0 BOWIE & JENSEN LLC 210 W PENNSYLVANIA AVE 400 BALTIMORE MD 21204 CONSULTING 140570 JOHN SHEETS 701 EAST PRATT STREET SUITE 2026 BALTIMORE MD 21202 CONSULTING 140218 2 X 194566 185134 194566 476712 476712 8006271 110853 7766272 189980 239999 -79127 160872 160872 TISSUE SETTLEMENT 900099 772106 772106 772106 1604256 772106 0 637584 X 170954 170954 107406 107406 928828 696621 167189 65018 90800 68100 16344 6356 1697281 1407555 289726 19768 14826 3558 1384 80223 60168 14440 5615 201356 144204 44041 13111 52011 37248 11376 3387 43651 43651 483314 346132 105711 31471 57888 47154 7820 2914 100819 74475 15686 10658 9759 7319 1757 683 66159 38459 22361 5339 4745 3450 1045 250 13091 9819 2356 916 58591 43944 10546 4101 PAYROLL EXPENSES 20702 15527 3726 1449 4207346 3293361 761333 152652 1002804 255969 56371 62299 113215 78497 22319 34718 22434917 21326751 149851 149851 23666262 21829588 515290 208901 515290 208901 X 23150972 21620687 23150972 21620687 23666262 21829588 X -2603090 772232 300573 X 0 1 X 1 0 X 14324 113345 117492 3051 194566 442778 2484959 772106 3257065 2499283 113345 117492 3051 966672 3699843 0 306833 306833 306833 306833 3393010 519108 588939 71266 282777 476712 1938802 519108 588939 71266 282777 476712 1938802 268477 268477 3286868 702284 188758 285828 1443384 5907122 0.57440 0.81890 0.32820 0.07960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 113215 78497 34718 34718 X 3068449 772232 735612 1507844 1560605 43651 43651 1604256 4899307 735612 735612 4163695 43651 43651 4207346 PART X, LINE 2: KERALINK FOLLOWS THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES UNDER THE INCOME TAXES TOPIC OF THE CODIFICATION. THE CODIFICATION REQUIRES THE EVALUATION OF TAX POSITIONS, WHICH INCLUDE MAINTAINING ITS TAX-EXEMPT STATUS AND THE TAXABILITY OF ANY UNRELATED BUSINESS INCOME, AND DOES NOT ALLOW RECOGNITION OF TAX POSITIONS WHICH DO NOT MEET A "MORE-LIKELY-THAN-NOT" THRESHOLD OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. MANAGEMENT DOES NOT BELIEVE IT HAS TAKEN ANY TAX POSITIONS THAT WOULD NOT MEET THIS THRESHOLD. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCOME FROM RELATED ENTITY PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSE FROM RELATED ENTITY 0 0 0 0 0 0 0 0 0 0 SOUTH ASIA PROVIDING CORNEA SERVICES IN RURAL POPULATIONS BY STRENGTHENING CAPACITY AT PRIMARY AND SECONDARY LEVELS 46568 0 SOUTH ASIA TRAINING OF OPHTHALMIC ASSISTANTS 60838 0 2 0 0 0 0 0 0 0 0 ASHVATTHA CHARITY GROUP 2967 RED BARN CT AURORA IL 60503 463696231 501(C)(3) 160954 0 SUPPORT VALIDATION VISILANT 320 E 28TH ST BALTIMORE MD 21218 923576823 501(C)(3) 10000 0 IMPLEMENTATION OF ULTRALIGHT LABS FOR QUALITY MANAGEMENT AND DESIGN CON 2 0 X X X X X X 0 0 0 0 0 0 0 0 0 DAVID GREEN PRESIDENT 183750 0 51250 0 -3231 0 8835 0 26633 0 267237 0 0 0 NOEL SELEGZI DIRECTOR OF DEVELOPMENT 171750 0 1000 0 -3443 0 3340 0 9738 0 182385 0 0 0 SHELBY TYLER COFO, TREASURER/SECRETARY 143019 0 1000 0 -7244 0 5761 0 18317 0 160853 0 0 0 BOWIE & JENSEN LLC MARK JENSEN (BOARD MEMBER) IS A PRINCIPAL IN THIS LAW FIRM 140570 CONSULTING 0 X 1 185134 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE CHIEF OPERATING AND FINANCIAL OFFICER BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING THE CONFLICT OF INTEREST POLICY: ALL NEW EMPLOYEES OF THE ORGANIZATION ARE REQUIRED TO REVIEW AND ACKNOWLEDGE COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. OFFICERS, DIRECTORS, AND KEY EMPLOYEES OF THE ORGANIZATION ARE REQUIRED ANNUALLY TO REVIEW AND AFFIRM COMPLIANCE WITH THE POLICY. OFFICERS AND DIRECTORS ARE EXPECTED TO REPORT ANY ACTUAL OR POTENTIALLY MATERIAL CONFLICTS TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND ACTION. ADDITIONALLY ACTUAL OR POTENTIAL CONFLICTS IDENTIFIED ON BEHALF OF ANY KERALINK INTERNATIONAL'S EMPLOYEE WILL BE COMMUNICATED TO EXECUTIVE MANAGMENT FOR INVESTIGATION AND RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING TOP MANAGEMENT OFFICIAL COMPENSATION: THE BOARD OF DIRECTORS SETS THE CEO'S COMPENSATION, WHICH IS MEMORIALIZED IN THE CEO'S EMPLOYMENT CONTRACT. THIS INCORPORATES COMPENSATION SURVEY DATA, REVIEW OF FORM 990 FROM COMPANIES IN RELATED INDUSTRIES AND OF SIMILAR SIZE. MEASUREMENT OF BOARD-SET PERFORMANCE OBJECTIVES ARE ALSO USED TO SET CEO'S ANNUAL COMPENSATION. THE ORGANIZATION'S CEO IS RESPONSIBLE FOR SETTING AND REVIEWING THE COMPENSATION OF KERALINK INTERNATIONAL, INC.'S SENIOR MANAGEMENT TEAM. MARKET COMPENSATION DATA, INDEPENDENT COMPENSATION ANALYSIS AND INDIVIDUAL PERFORMANCE AGAINST OPERATIONAL OBJECTIVES ARE ALL FACTORED INTO THE REVIEW. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VIII, LINE 11A- MISCELLANEOUS REVENUE KERALINK SUED ANOTHER ENTITY OVER A "CONTAMINATED TISSUE" INCIDENT IN 2019. IN 2023, THE CASE WAS FINALLY SETTLED AND KERALINK WAS GIVEN $772,106.06 AS A SETTLEMENT. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 323,886. MANAGEMENT AND GENERAL EXPENSES 98,917. FUNDRAISING EXPENSES 29,448. TOTAL EXPENSES 452,251. PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 22,246. MANAGEMENT AND GENERAL EXPENSES 6,794. FUNDRAISING EXPENSES 2,023. TOTAL EXPENSES 31,063. PART IX, LINE 9 - PENSION PLAN ACCRUALS AND CONTRIBUTIONS KERALINK HAS A QUALIFIED NONCONTRIBUTORY DEFINED-BENEFIT PENSION PLAN (PLAN), WHICH COVERS SUBSTANTIALLY ALL FULL-TIME EMPLOYEES OF KERALINK AND ITS UNITED STATES-BASED AFFILIATES. EFFECTIVE JULY 1, 2009, THE PLAN WAS AMENDED TO FREEZE BENEFITS UNDER THE PLAN. KERALINK'S INDIVIDUALLY AFFILIATED TISSUE BANKS ARE RESPONSIBLE FOR THEIR SHARE OF THE REQUIRED CONTRIBUTIONS AND EXPENSES. THE PLAN'S LIABILITY WITH RESPECT TO ACCUMULATED BENEFIT OBLIGATIONS RELATED TO THE EMPLOYEES OF KERALINK WHO TERMINATED THEIR AFFILIATION WITH KERALINK WAS FROZEN AT THE TIME DISAFFILIATION OCCURRED. FORM 990, PART XI, LINE 9: CHANGE IN MINIMUM PENSION LIABILITY 300,573. KERALINK FOUNDATION INC PO BOX 22575 BALTIMORE MD 21203 933187926 SUPPORT KERLINK INTERNATIONAL'S NON-PROFIT MISSION MD 0 KUONA TECHNOLOGIES BENEFIT CORP P O BOX 22575 BALTIMORE MD 21203 874637338 PUBLIC BENEFIT TO REDUCE BLINDNESS MD KERALINK INTERNALTIONAL INC C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0