Kencrest Centers
- Assets
- $25.4m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 21
- Location
- Blue Bell, PA
- Founding
- 10/1929
- Data as of
- 06/2021
- EIN
- 23-1711070
Organization Overview
Kencrest Centers is located in Blue Bell, PA. The organization was established in 1929. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, Kencrest Centers employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kencrest Centers is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Kencrest Centers generated $4.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $4.0m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PAGE 2 PART III STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS LINE I FOR DETAILS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATIVE SUPPORT, MANAGEMENT AND OVERSIGHT OF OTHER NON-PROFITS.
KENCREST CENTERS OWNS RESIDENTIAL AND CHILD CARE CENTERS THAT IT RENTS OUT, BELOW MARKET VALUE, TO OTHER NONPROFIT AGENCIES THAT SERVE INDIVIDUALS WITH OR AT RISK OF DEVELOPING INTELLECTUAL OR DEVELOPMENTAL DISABILITIES OR DELAYS. THE RENTAL PROCEEDS ARE USED TO COVER THE MAINTENANCE OF THE PROPERTIES, TO PAY MORTGAGES, AND TO PAY FOR OTHER OCCUPANCY EXPENSES.
BOOKEEPING AND MANAGEMENT SERVICES FOR 13 HUD CORPORATIONS WHICH SERVE PERSONS WITH DEVELOPMENTAL DISABILITIES.
[1] 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tonia Coral Mcneal Former Chief Financial Officer (till 8/2020) | Officer | 37.5 | $492,285 |
Marian Baldini Chief Executive Officer | Officer | 30 | $339,611 |
John R Howe Chief Technology Officer | Officer | 37.5 | $278,030 |
Pamela M Schuessler Chief Operating Officer | Officer | 7.5 | $274,866 |
Francis Guthridge Chief Development Officer | Officer | 37.5 | $224,660 |
Aurora Kripa Chief Human Resources Offi | Officer | 37.5 | $217,727 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $25,308 |
| Membership dues | $0 |
| Fundraising events | $45,121 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $133,041 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $203,470 |
| Total Program Service Revenue | $3,739,504 |
| Investment income | $254,480 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $262,847 |
| Net Income from Fundraising Events | $3,280 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,515,623 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,191 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,661,393 |
| Compensation of current officers, directors, key employees. | $34,603 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,184,735 |
| Pension plan accruals and contributions | $97,629 |
| Other employee benefits | $82,442 |
| Payroll taxes | $278,064 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,973 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $60,309 |
| Fees for services: Other | $77,915 |
| Advertising and promotion | $0 |
| Office expenses | $27,856 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $126,827 |
| Travel | $1,442 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,544 |
| Interest | $0 |
| Payments to affiliates | $72,000 |
| Depreciation, depletion, and amortization | $169,352 |
| Insurance | $7,580 |
| All other expenses | $0 |
| Total functional expenses | $3,980,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $975,753 |
| Savings and temporary cash investments | $7,998,025 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $268,174 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,303,924 |
| Investments—publicly traded securities | $13,340,831 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,487,520 |
| Total assets | $25,374,227 |
| Accounts payable and accrued expenses | $1,264,206 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $312,483 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,576,689 |
| Net assets without donor restrictions | $22,999,311 |
| Net assets with donor restrictions | $798,227 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $25,374,227 |
Grants Awarded
Over the last fiscal year, Kencrest Centers has awarded $70,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Blue Bell, PA PURPOSE: PROGRAMS FOR PERSONS WITH DEVELOPMENTAL DISABILITIES | $70,000 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Kencrest Centers has recieved totaling $102,222.
| Awarding Organization | Amount |
|---|---|
Mary W Geschick Charitable Trust Las Vegas, NV PURPOSE: GENERAL OPERATING | $47,250 |
Pew Charitable Trusts Washington, DC PURPOSE: Civic Life | $20,000 |
Philadelphia Foundation Philadelphia, PA PURPOSE: GENERAL OPERATING SUPPORT | $15,199 |
The Gordon Charter Foundation Wayne, PA PURPOSE: FOR SMART TVS FOR COMMUNITY HOMES | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,493 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $900 |
Endowment Analysis
| Beg. Balance | $175,892 |
| Earnings | $37,942 |
| Ending Balance | $213,834 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arc Of Southern Maryland Prince Frederick, MD | $20,252,712 | $23,758,996 |
Arc Of New Jersey Inc Tinton Falls, NJ | $32,706,296 | $21,009,915 |
Nysarc Inc Mellenville, NY | $10,700,882 | $19,436,848 |
Nysarc Inc Canandaigua, NY | $15,262,327 | $18,465,487 |
Nysarc Inc Tupper Lake, NY | $12,509,842 | $19,561,322 |
The Arc Of Hunterdon County Inc Hampton, NJ | $9,566,247 | $19,729,905 |
Human First Inc New York, NY | $12,690,892 | $16,902,153 |
Highbridge Advisory Council Day Care & Senior Citizens Center Inc Bronx, NY | $1,780,427 | $17,667,102 |
United Community Independence Programs Inc Meadville, PA | $12,839,930 | $19,323,193 |
Bradley Center Pittsburgh, PA | $22,521,384 | $19,532,666 |
Buckeye Community Services Incorporated Jackson, OH | $11,917,792 | $19,993,213 |
The Arc Northern Chesapeake Region Incorporated Aberdeen, MD | $17,653,773 | $22,151,170 |