Ken-Crest Del Ii Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232703540 ✦ Blue bell, PA ✦ Designated as a 501(c)(3)

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Overview

What is Ken-Crest Del Ii Inc?

Ken-Crest Del II Inc is a nonprofit organization, established with the purpose of providing housing for individuals with disabilities. Located in Blue Bell, Pennsylvania, the organization operates under Section 811 of the U.S. Department of Housing and Urban Development. Their mission is to acquire, rehabilitate, construct, own, and operate 15 housing units in Delaware, specifically designated for people with disabilities. This initiative aims to address the housing needs of individuals with disabilities, as identified by federal, state, or county officials.


Official website here: www.kencrest.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating.

Ken-Crest Del Ii Inc has received an impressive score of 97%, indicating a strong performance in accountability and finance. This high rating reflects the organization's commitment to transparency and responsible financial practices, as evidenced by its perfect scores in key areas such as board independence, material asset diversion, and various governance policies.

The nonprofit boasts a fully independent board with nine members, which enhances its governance structure. The organization also demonstrates fiscal responsibility with a program expense ratio of 78.48%, indicating that a significant portion of its expenses directly supports its programs. Additionally, the liabilities to assets ratio stands at a manageable 29.50%, further showcasing the organization’s sound financial health.

While the data highlights many strengths, ongoing attention to governance practices is essential for maintaining high standards. Overall, Ken-Crest Del Ii Inc is recognized for its effective management and commitment to serving its community.


This AI summary has been generated from information found on Charity Navigator.

Is Ken-Crest Del Ii Inc legitimate?

Ken-Crest Del Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ken-Crest Del Ii Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,097

For more financial information, click here


Official website here: www.kencrest.org

What is the mission statement of Ken-Crest Del Ii Inc?

Ken-Crest Del Ii Inc, as a non-profit organization, was established with the mission to acquire, renovate, construct, and manage housing units for individuals with disabilities. This mission is in line with the Section 811 Capital Advance Program of the U.S. Department of Housing and Urban Development. The primary objective of Ken-Crest Del Ii Inc is to provide suitable housing for people with disabilities, as identified by federal, state, or county officials. This organization operates with the aim of providing a secure living environment for individuals with disabilities, enhancing their quality of life.


Official website here: www.kencrest.org

Who is the CEO of Ken-Crest Del Ii Inc?

Colleen Kelly is the President of Ken-Crest Del Ii Inc. The CEO's salary of Ken-Crest Del Ii Inc is $0 and their total compensation is $0.


Official website here: www.kencrest.org

What is the revenue of Ken-Crest Del Ii Inc?

Ken-Crest Del Ii Inc's revenue in 2023 was $151,619.


Official website here: www.kencrest.org

Who are the executives of Ken-Crest Del Ii Inc and what are their salaries?

There 9 volunteers at Ken-Crest Del Ii Inc.


Here are 9 key members and their salaries (Ken-Crest Del Ii Inc's CEO's salary is $0 and their total compensation is $0):


Charles W Horn Iii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Outen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Rahe (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Dougher (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Mccloskey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marian Baldini (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Kelly (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Askins (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Rule (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kencrest.org

Where can I find the form 990 for Ken-Crest Del Ii Inc?

Ken-Crest Del Ii Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.kencrest.org

Learn more at the official website: www.kencrest.org

Mission Statement of Ken-Crest Del Ii Inc

Ken-Crest Del II Inc, as a non-profit organization, was established with a mission to provide housing for individuals with disabilities. This mission is carried out under the Section 811 Capital Advance Program of the U.S. Department of Housing and Urban Development. The organization aims to acquire, rehabilitate, construct, own, and operate 15 housing units specifically designed for people with disabilities. The identification of eligible residents for these units can be done through federal, state, or county officials. In essence, Ken-Crest Del II Inc is dedicated to operating a non-profit corporation that provides suitable housing accommodations for people with disabilities, in line with the guidelines set by the U.S. Department of Housing and Urban Development's Section 811 program.

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Impact




October, 2024

Ken-Crest Del II Inc significantly contributes to the housing landscape by providing essential living arrangements for people with disabilities. By owning and operating a dedicated housing project under the Section 811 Capital Advance Program, the organization addresses a critical need for accessible and supportive living environments.

Located in Blue Bell, PA, Ken-Crest Del II Inc is focused on acquiring, rehabilitating, and constructing 15 housing units in Delaware, specifically designed for individuals with disabilities. This initiative not only helps to ensure that these individuals have a stable and secure place to live, but also fosters a sense of community and belonging.

The impact extends beyond just providing shelter; it enhances the quality of life for residents by offering homes that are equipped to meet their needs, promoting independence and dignity among individuals with disabilities. By aligning its mission with federal, state, and county programs, Ken-Crest Del II Inc actively participates in the broader effort to improve housing accessibility and inclusion for marginalized populations.




This information is meant to be a general summary of Ken-Crest Del Ii Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$151,619 (2023)
Expenses
$155,273 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $73
  • Program Service Revenue: $151,546
  • Gross Receipts: $151,619

Assets and Liabilities:

  • Total Assets: $557,425
  • Total Liabilities: $164,496
  • Net Assets: $392,929

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$151,546

Organization Details

Founding Year

1993

Principal Officer

Colleen Kelly

Main Address

960A HARVEST DRIVE 100, BLUE BELL, PA, 19422

NTEE Category

Code: L22 - Housing

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