Civic Intelligence

Ken-Crest Housing Pa 2001 Inc

EIN 23-3083837 • 501(c)3 • Blue Bell, PA

Profile

Ken-Crest Housing PA 2001, Inc., was organized to acquire, rehabilitate, construct, own and operate 4 housing projects totaling 13 units in Pennsylvania. The Project provides housing for the elderly or disabled, as may be identified by federal, state or county officials.

960A Harvest Lane Suite 100Blue Bell, PA 19422

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.28x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

91st percentile

1.49x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

23rd percentile

-9.1%

Higher net margin than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

98th percentile

$532,888

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 260.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

64th percentile

9.2%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

37th percentile

0.3%

Faster revenue growth than 37% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,090,400

Up $91,840 (+9.2%) from 2024

Liabilities

Up

$305,434

Up $110,544 (+57%) from 2024

Net Assets

Down

$784,966

Down $18,704 (-2.3%) from 2024

Revenue

Up

$204,797

Up $696 (+0.3%) from 2024

Expenses

Down

$223,501

Down $763 (-0.3%) from 2024

Net Income

Up

-$18,704

Up $1,459 (+7.2%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $1,266,030Liabilities 2011: $274,672Net Assets 2011: $991,3582011Assets 2012: $1,212,423Liabilities 2012: $231,235Net Assets 2012: $981,1882012Assets 2013: $1,195,418Liabilities 2013: $223,540Net Assets 2013: $971,8782013Assets 2014: $1,172,412Liabilities 2014: $212,974Net Assets 2014: $959,4382014Assets 2015: $1,151,941Liabilities 2015: $209,090Net Assets 2015: $942,8512015Assets 2016: $1,124,356Liabilities 2016: $257,642Net Assets 2016: $866,7142016Assets 2017: $1,072,840Liabilities 2017: $245,013Net Assets 2017: $827,8272017Assets 2018: $1,081,643Liabilities 2018: $99,995Net Assets 2018: $981,6482018Assets 2019: $1,073,439Liabilities 2019: $114,965Net Assets 2019: $958,4742019Assets 2020: $1,038,323Liabilities 2020: $122,350Net Assets 2020: $915,9732020Assets 2021: $1,063,395Liabilities 2021: $175,625Net Assets 2021: $887,7702021Assets 2022: $1,072,677Liabilities 2022: $198,851Net Assets 2022: $873,8262022Assets 2023: $1,028,352Liabilities 2023: $204,519Net Assets 2023: $823,8332023Assets 2024: $998,560Liabilities 2024: $194,890Net Assets 2024: $803,6702024Assets 2025: $1,090,400Liabilities 2025: $305,434Net Assets 2025: $784,9662025

Highlighted filing

2025

Assets$1,090,400
Liabilities$305,434
Net Assets$784,966

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KExpenses 2011: $176,6382011Expenses 2012: $161,8182012Expenses 2013: $168,6762013Revenue 2014: $160,314Expenses 2014: $172,754Net Income 2014: -$12,4402014Revenue 2015: $160,299Expenses 2015: $176,886Net Income 2015: -$16,5872015Revenue 2016: $174,458Expenses 2016: $250,595Net Income 2016: -$76,1372016Revenue 2017: $175,247Expenses 2017: $214,134Net Income 2017: -$38,8872017Revenue 2018: $359,136Expenses 2018: $205,315Net Income 2018: $153,8212018Revenue 2019: $178,395Expenses 2019: $201,569Net Income 2019: -$23,1742019Revenue 2020: $180,683Expenses 2020: $223,184Net Income 2020: -$42,5012020Revenue 2021: $163,527Expenses 2021: $191,730Net Income 2021: -$28,2032021Revenue 2022: $169,601Expenses 2022: $183,545Net Income 2022: -$13,9442022Revenue 2023: $175,552Expenses 2023: $225,545Net Income 2023: -$49,9932023Revenue 2024: $204,101Expenses 2024: $224,264Net Income 2024: -$20,1632024Revenue 2025: $204,797Expenses 2025: $223,501Net Income 2025: -$18,7042025

Highlighted filing

2025

Revenue$204,797
Expenses$223,501
Net Income-$18,704

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.09$0.31$0.78$0.20$0.22$0.02
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.19$0.80$0.20$0.22$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.20$0.82$0.18$0.23$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.20$0.87$0.17$0.18$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.18$0.89$0.16$0.19$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.12$0.92$0.18$0.22$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.11$0.96$0.18$0.20$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.10$0.98$0.36$0.21$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.25$0.83$0.18$0.21$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.12$0.26$0.87$0.17$0.25$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.15$0.21$0.94$0.16$0.18$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.17$0.21$0.96$0.16$0.17$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.22$0.97$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.23$0.98$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.27$0.99$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 10, 2026
Return Version
2024v5.2
Gross Receipts
$204,797
Mission and Program Overview

Mission

To operate a non-profit corporation to provide housing for people with disabilities pursuant to section 811 of the u.s. Department of housing and urban development.

Own and operate a nonprofit housing project for people with disabilities under section 811 capital advance program of u.s. Department of housing and urban development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$868,498$848,370▼ $20,128
Cash and Non-Interest-Bearing Accounts$3,176$141,730▲ $138,554
Accounts Receivable$39,555$26,095▼ $13,460
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$998,560$1,090,400▲ $91,840
Other Assets Total$87,331$74,205▼ $13,126
Liabilities
Accounts Payable and Accrued Expenses$193,594$304,234▲ $110,640
Other Liabilities$1,296$1,200▼ $96
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$194,890$305,434▲ $110,544
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,257,000$1,257,000→ $0
Net Assets Without Donor Restrictions$-453,330$-472,034▼ $18,704
Total Net Assets Fund Balance$803,670$784,966▼ $18,704
Total Liabilities and Net Assets / Fund Balance$998,560$1,090,400▲ $91,840

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$382,729$422,380$805,109
Land$465,641-$465,641
Other Assets Org$1,200--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$204,656
Investment Income
$141
Other Revenue
$0
Change in Net Assets
$-18,704

Audited Revenue Reconciliation

Revenue per Audited Statements
$204,797
Total Revenue per Audited Statements
$204,797
Total Revenue per Form 990
$204,797
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$174,703
Salaries, Compensation, and Employee Benefits$48,798
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$74,593--$74,593
Other Salaries and Wages$19,692$20,689-$40,381
Occupancy$36,026--$36,026
Depreciation Depletion$20,128--$20,128
Office Expenses-$15,120-$15,120
Insurance$8,336$2,430-$10,766
Fees for Services Accounting-$8,675-$8,675
Fees for Services Management-$8,095-$8,095
Other Employee Benefits$5,235--$5,235
Payroll Taxes-$3,182-$3,182
Fees for Services Other$1,300--$1,300
Total Functional Expenses$165,310$58,191$0$223,501

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$223,501
Total Expenses per Audited Statements$223,501
Total Expenses per Form 990$223,501
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$1,200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization has a management agreement with kencrest centers.

Form 990, Part VI, Section A, Line 8B

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

Form 990, Part VI, Section B, Line 11B

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.

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 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.

Form 990, Part VI, Section C, Line 19

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.

Form 990, Part VI, Section A, Line 2

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.

Filing and Contact Details

Filer

Filer Name
Ken-Crest Housing PA 2001 Inc
EIN
23-3083837
In Care Of
% KENCREST CENTERS
Phone
6108259360
Address
960A Harvest Lane Suite 100, Blue Bell, PA 19422

Signing Officer

Name
Arthur Anderson
Title
CFO
Phone
6108259360
Signed
2026-03-10

Organization Details

Principal Officer
Arthur Anderson
Formed
1990
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Withumsmithbrown Pc
Address
1835 MARKET STREET SUITE 1710, PHILADELPHIA, PA 19103-2945
Preparer
Israel Tannenbaum
Phone
2155462140
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

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

Form 990, Part V, Line 2:

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

Financial Statement Notes

PART X, LINE 2:

Gaap requires entities to evaluate, measure, recognize and disclose any uncertain income tax positions taken on their tax returns. Gaap prescribes a minumum threshold that a tax position is required to meet in order to be recognized in the financial statements. The corporation believes that it had no uncertain tax positions as defined in gaap.

Raw XML AppendixShowing 400 of 757 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm1Colleen Kelly
IRS990/Form990PartVIISectionAGrp/PersonNm2CHARLES W HORN III
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IRS990/InsuranceGrp/ProgramServicesAmt08336
IRS990/InsuranceGrp/TotalAmt010766
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IRS990/MissionDesc0TO OPERATE A NON-PROFIT CORPORATION TO PROVIDE HOUSING FOR PEOPLE WITH DISABILITIES PURSUANT TO SECTION 811 OF THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015120
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IRS990/Organization501c3Ind0X
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IRS990/OtherAssetsTotalGrp/BOYAmt087331
IRS990/OtherAssetsTotalGrp/EOYAmt074205
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05235
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IRS990/OtherExpensesGrp/Desc0OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt074593
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IRS990/OtherLiabilitiesGrp/BOYAmt01296
IRS990/OtherLiabilitiesGrp/EOYAmt01200
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020689
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt019692
IRS990/OtherSalariesAndWagesGrp/TotalAmt040381
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03182
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IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
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IRS990/PrincipalOfficerNm0ARTHUR ANDERSON
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/RevenueAmt0204656
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE AND DISCLOSE ANY UNCERTAIN INCOME TAX POSITIONS TAKEN ON THEIR TAX RETURNS. GAAP PRESCRIBES A MINUMUM THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THE CORPORATION BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN GAAP.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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