Kencrest Centers

“Governing board review of form 990 a copy of the 990 is sent to the joint finance committee (jfc) for review/approval/questions/comments. Once the jfc reviews, it is then made available to the full board for review. Once the full board reviews, the 990 is filed.”

“Form 990, part vi, section b, line 12c: monitoring and enforcement of conflict of interest policy each member of the board shall, at the earliest possible opportunity, fully disclose to the board any interest such member has in any transaction being contemplated by the board. Such disclosure shall be required whether the member in question has such an interest individually or through a corporation, partnership, association, or other entity in which such member has a financial interest or is an employee, officer, or director. After completion of any questions and discussion regarding the disclosure by the interested director, that director shall not present for any further discussions or vote on the transaction in question. Disclosure, review, and approval or disapproval of a proposed contractual relationship by kencrest centers with any member of the board of directors shall be required notwithstanding the fact that the matter would otherwise not be one in which the board of directors would be required to approve a contractual relationship.”

“Process for determining compensation the executive committee of the board reviews the compensation of the ceo using methods described in schedule j and any proposed changes are submitted to the full boardof directors for approval. All other officer and key employee compensation is determined by the ceo.”

“Public availability of other documents all governing documents, conflict of interest policy, financial statements and form 990 are available to the public upon request. They are also available for inspection at the organization's office.”

“Kencrest offers the opportunity to establish a special needs trust to individuals and their families who are disabled by ssi standards. The trust is established to protect the benefits of participants that are receiving government benefits. Over 200 individuals have used this service.”

“The agency's mission is to support community development by exploring possibilities, mobilizing resources and empowering dreams, for young children, and people with developmental or intellectual disabilities.”

“Change in value of beneficial interest in perpetual trust $163,686”