Ministry Partners Investment Co. Elects Board Member; Approves Unit Transfer

What Happened

• Ministry Partners Investment Company, LLC filed an 8‑K reporting that at its Annual Meeting on May 14, 2026 the company’s voting equity owners elected Conor Delaney to the Board of Managers for a three‑year term ending in 2029. Delaney will also serve on the Board of Managers of the company’s wholly owned subsidiary, Ministry Partners Securities LLC. He is the founder of Good Life Companies and Good Life Advisors, LLC.
• The company’s Board of Managers also granted consent on May 14, 2026 allowing HIS Kingdom Holdings LLC to purchase 11,905 Class A Common Units and 11,905 Series A Preferred Units representing an economic interest currently held by Navy Federal Credit Union. Navy Federal and Holdings signed a letter of intent with an anticipated closing on or before June 30, 2026. Timothy Newell, a member of the company’s Board of Managers, serves as a manager of Holdings. The potential transfer would be a privately negotiated transaction.

Key Details

• Annual Meeting / election date: May 14, 2026; board term for Conor Delaney ends in 2029.
• Units subject to proposed sale: 11,905 Class A Common Units and 11,905 Series A Preferred Units.
• Buyer: HIS Kingdom Holdings LLC; seller (economic owner): Navy Federal Credit Union. Anticipated closing on or before June 30, 2026 per a letter of intent.
• Related‑party disclosure: Board member Timothy Newell is a manager of the purchasing entity (Holdings). 8‑K filed May 28, 2026 (signature dated May 27, 2026).

Why It Matters

• The election of Conor Delaney adds a new board member with experience in advisory platforms and investment products, which may influence corporate oversight or strategy.
• The Board’s consent to the proposed unit transfer, if completed, would shift the economic interest in a meaningful number of units to HIS Kingdom Holdings; the filing discloses the buyer’s connection to a current board member (Timothy Newell).
• Investors should note the transfer is not completed and remains subject to the letter of intent and closing conditions (anticipated by June 30, 2026), so any change in ownership is not yet final.