Ken-Crest Del II Inc

“The organization has a management agreement with kencrest centers.”

“The organization does not have any committees with the authority to act on behalf of the governing body.”

“A copy of this form 990 was provided to the company's board of directors (the governing body) who reviewed and approved the form prior to its filing with the internal revenue service.”

“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 be present for any further discussions or vote on the transaction in question. Disclosure, review, and approval or disapproval of a proposed contractual relationship by the organization 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.”

“Copies of the company's governing documents, conflict of interest policy, financial statements and this form 990 are available at the company's offices at 960a harvest drive, suite 100, blue bell, pa 19422. Copies will be made on request.”

“As of June 30, 2025, both Colleen and Marian were employed as a CEO and CFO, respectively, at KenCrest Centers, the parent Organization of the HUD corporation.”

“The organization has an audit each year as required by the department of housing and urban development.”

“All salaries are paid by KenCrest Services, a related entity, and then allocated to the HUD.”