Overview
What is Ken-Crest Housing Pa 2001 Inc?
Ken-Crest Housing Pa 2001 Inc is a nonprofit organization situated in Blue Bell, Pennsylvania. Their primary mission is to provide housing for individuals with disabilities, in compliance with Section 811 of the U.S. Department of Housing and Urban Development. Specifically, they aim to manage a housing project, involving the acquisition, rehabilitation, construction, ownership, and operation of 13 units, with the intention of accommodating individuals with disabilities, as identified by relevant federal, state, or county officials. This initiative aligns with their goal to enhance the living conditions and independence of individuals with disabilities in Montgomery County, Pennsylvania.
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 Housing Pa 2001 Inc has received a strong rating of 97% from Charity Navigator, indicating a high level of accountability and financial health. This score is based primarily on their Accountability & Finance metrics, reflecting a robust foundation in how they manage funds and resources. The charity's commitment to transparency and ethical governance is evident through their independent board structure and adherence to best practices.
The organization stands out for having a completely independent board, which is crucial for ensuring objective oversight. They have demonstrated excellent financial practices, such as a low liabilities to assets ratio of 19.88% and a high program expense ratio of 80.27%, indicating that a significant portion of their expenditures directly supports their programs. Additionally, they maintain comprehensive policies regarding conflict of interest, whistleblower protections, and document retention, further emphasizing their commitment to responsible governance.
One limitation reflected in the data could be the reliance solely on the Accountability & Finance score for their overall rating, which may not encompass their programmatic effectiveness or impact. However, the absence of material diversions of assets and the commitment to best practices provides confidence in their operational integrity. Overall, Ken-Crest Housing Pa 2001 Inc showcases strong financial stewardship and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Ken-Crest Housing Pa 2001 Inc legitimate?
Ken-Crest Housing Pa 2001 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ken-Crest Housing Pa 2001 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: $45,412
For more financial information, click here
Official website here: www.kencrest.org
What is the mission statement of Ken-Crest Housing Pa 2001 Inc?
Ken-Crest Housing Pa 2001 Inc., as a non-profit organization, was established with the mission to acquire, rehabilitate, construct, own, and operate 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 organization aims to provide housing for individuals with disabilities, as identified by federal, state, or county officials, in the number of 13 housing units. The primary objective of Ken-Crest Housing Pa 2001 Inc. is to operate as a non-profit corporation, providing housing services for people with disabilities in accordance with Section 811 of the U.S. Department of Housing and Urban Development.
Official website here: www.kencrest.org
Who is the CEO of Ken-Crest Housing Pa 2001 Inc?
Colleen Kelly is the President of Ken-Crest Housing Pa 2001 Inc. The CEO's salary of Ken-Crest Housing Pa 2001 Inc is $0 and their total compensation is $0.
Official website here: www.kencrest.org
What is the revenue of Ken-Crest Housing Pa 2001 Inc?
Ken-Crest Housing Pa 2001 Inc's revenue in 2023 was $175,552.
Official website here: www.kencrest.org
Who are the executives of Ken-Crest Housing Pa 2001 Inc and what are their salaries?
There 9 volunteers at Ken-Crest Housing Pa 2001 Inc.
Here are 9 key members and their salaries (Ken-Crest Housing Pa 2001 Inc's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
Official website here: www.kencrest.org
Where can I find the form 990 for Ken-Crest Housing Pa 2001 Inc?
Ken-Crest Housing Pa 2001 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 Housing Pa 2001 Inc
Ken-Crest Housing Pa 2001 Inc, a non-profit organization, was established with a mission to provide housing for individuals with disabilities. This mission is carried out through the acquisition, rehabilitation, construction, ownership, and operation of 13 housing units in Montgomery County, Pennsylvania. The organization's activities are aligned with the Section 811 Capital Advance Program of the U.S. Department of Housing and Urban Development. By offering housing for people with disabilities, as identified by federal, state, or county officials, Ken-Crest Housing Pa 2001 Inc aims to contribute to the betterment of these individuals' lives, providing them with a home that suits their unique needs.
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Impact
October, 2024
Ken-Crest Housing PA 2001 Inc significantly impacts the community by providing safe, affordable housing specifically designed for individuals with disabilities. By acquiring, rehabilitating, and constructing housing units in Montgomery County, Pennsylvania, the organization ensures that these individuals have access to residences that meet their unique needs. Operating under the Section 811 Capital Advance Program of the U.S. Department of Housing and Urban Development, Ken-Crest Housing actively contributes to enhancing the quality of life for people with disabilities, fostering independence, and promoting a sense of belonging within the community. With 13 housing units dedicated to this purpose, the organization plays a vital role in addressing the housing crisis faced by individuals with disabilities, ultimately striving to create an inclusive environment for all.
This information is meant to be a general summary of Ken-Crest Housing Pa 2001 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $83
- Program Service Revenue: $175,469
- Gross Receipts: $175,552
Assets and Liabilities:
- Total Assets: $1,028,352
- Total Liabilities: $204,519
- Net Assets: $823,833
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$175,469
Organization Details
Founding Year
1990
Phone
(610) 825-9360Principal Officer
Colleen Kelly
Main Address
960A HARVEST DRIVE 100, BLUE BELL, PA, 19422
Website
www.kencrest.orgNTEE Category
Code: L22 - Housing
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