2020-11-16T17:11:04-06:00 2019-12-31 410746749 CLIFTONLARSONALLEN LLP 402 SOUTH KENTUCKY AVENUE SUITE 600 LAKELAND FL 338015354 990 2019-01-01 043597428 KENNEDY MANAGEMENT INC C/O CAMBRIDGE HOUSING AUTHORITY KENN 6175206387 362 GREEN STREET CAMBRIDGE MA 02139 MICHAEL J JOHNSTON CLERK 6175206387 2020-11-16 1 LAUREN BALLARD CPA P01451787 8636805600 2020-11-16 50.210.64.33 2020-11-16 13:12:26 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 0924F9551500F2948D11A21F442F940422F1B761 2019 2021-01-29 14:40:06Z MICHAEL J JOHNSTON 362 GREEN STREET CAMBRIDGE MA 02139 987945 0 X WWW.CAMBRIDGE-HOUSING.ORG X 2001 MA TO PROVIDE MANAGEMENT AND SUPPORTING SERVICES FOR RELATED LOW-INCOME HOUSING ORGANIZATIONS 5 4 0 5 0 0 0 0 941423 933871 1451 2463 216595 51611 1159469 987945 0 0 0 0 267830 281397 0 0 0 1258256 1336537 1526086 1617934 -366617 -629989 18479726 17877756 17036975 17064994 1442751 812762 THE ORGANIZATION'S MISSION IS TO PROVIDE MANAGEMENT AND SUPPORTING SERVICES FOR RELATED ORGANIZATIONS WHICH OWN AND OPERATE LOW-INCOME HOUSING UNITS FOR QUALIFYING INDIVIDUALS IN THE CITY OF CAMBRIDGE AND TO PROVIDE LONG-TERM DEVELOPMENT SERVICES FOR SUCH HOUSING UNITS. 0 0 1417166 985482 AFFORDABLE HOUSING - MANAGEMENT AND SUPPORTING SERVICES FOR RELATED ORGANIZATIONS WHICH OWN AND OPERATE HOUSING FOR LOW AND MODERATE INCOME PERSONS. 1417166 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X JOHN FILIP 6175206387 362 GREEN STREET CAMBRIDGE MA 02139 ELAINE DARROSA PRESIDENT 1.00 2.00 X X 0 0 0 SUSAN T CONNELLY VICE PRESIDENT 1.00 2.00 X X 0 0 0 MICHAEL J JOHNSTON CLERK 1.00 41.00 X X 0 184442 6773 GERARD J CLARK TREASURER 1.00 2.00 X X 0 0 0 VICTORIA BERGLAND MEMBER 1.00 2.00 X 0 0 0 ANTHONY PINI MEMBER 1.00 2.00 X 0 0 0 BRENDA SNOWDEN DOWNING DEPUTY EXECUTIVE DIRECTOR 1.00 41.00 X 0 157733 7973 JOHN FILIP CHIEF FINANCIAL OFFICER 1.00 41.00 X 0 165078 2626 MARGARET DONNELLY-MORAN ACTING DIRECTOR/DIRECTOR OF PLANNING AND DEVELOPME 1.00 41.00 X 0 181135 0 HANNAH LODI DIRECTOR OF LEASED HOUSING 1.00 41.00 X 0 134765 2677 SUSAN COHEN GENERAL COUNCIL 1.00 41.00 X 0 101311 4848 0 924464 24897 0 0 1 0 0 RENTAL INCOME 532000 918871 918871 MANAGEMENT FEE INCOME 561000 15000 15000 933871 2463 2463 OTHER INCOME 532000 51611 51611 51611 987945 985482 0 2463 243607 233425 10182 14844 5637 9207 22946 15041 7905 93242 93242 33200 33200 3176 3176 54619 43297 11322 28816 28816 143243 143243 1396 1396 1248 1248 680821 680821 66969 66969 PROGRAM EXPENSES 121857 119535 2322 REPAIRS & MAINTENANCE 93250 93250 SNOW REMOVAL 14700 14700 1617934 1417166 200768 0 1500130 1539331 50421 50513 56100 45420 63327 45501 24778519 9868732 15552182 14909787 1257566 1287204 18479726 17877756 186169 228816 3046 7598 16847760 16828580 17036975 17064994 X 1442751 812762 1442751 812762 18479726 17877756 -629989 0 X 0 1 X 1 0 X X 1 CAMBRIDGE HOUSING AUTHORITY 046002081 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 581791 581791 24025922 9805033 14220889 16562 8817 7745 115209 54882 60327 39035 39035 14909787 TENANT SECURITY DEPOSITS 10947 REPLACEMENT RESERVES 863610 OPERATING RESERVE 412647 1287204 DUE TO RELATED PARTIES 16819586 TENANTS SECURITY DEPOSITS 8994 16828580 X 987945 0 987945 0 987945 1617934 0 1617934 0 1617934 PART X, LINE 2: MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION IN THE FINANCIAL STATEMENTS. MANAGEMENT DOES NOT BELIEVE ITS EVALUATION OF TAX POSITIONS WILL SIGNIFICANTLY CHANGE WITHIN 12 MONTHS OF DECEMBER 31, 2018. ANY CHANGES IN TAX POSITIONS WILL BE RECORDED WHEN THE ULTIMATE OUTCOME BECOMES KNOWN. THE CORPORATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES GENERALLY FOR THREE YEARS PRECEDING THE YEAR ENDED DECEMBER 31, 2018. THE CORPORATION RECOGNIZES INTEREST AND PENALTIES IMPOSED BY TAXING AUTHORITIES IN OPERATING EXPENSES. FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018, THE CORPORATION RECOGNIZED NO INTEREST OR PENALTIES IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. 0 0 0 0 0 0 0 0 0 MICHAEL J JOHNSTON CLERK 0 176942 0 7500 0 0 0 0 0 6773 0 191215 0 0 BRENDA SNOWDEN DOWNING DEPUTY EXECUTIVE DIRECTOR 0 154233 0 3500 0 0 0 0 0 7973 0 165706 0 0 JOHN FILIP CHIEF FINANCIAL OFFICER 0 161578 0 3500 0 0 0 0 0 2626 0 167704 0 0 MARGARET DONNELLY-MORAN ACTING DIRECTOR/DIRECTOR OF PLANNING 0 176135 0 5000 0 0 0 0 0 0 0 181135 0 0 PART I, LINE 3 THE BOARD OF CAMBRIDGE HOUSING AUTHORITY (CHA), A RELATED ORGANIZATION, APPOINTS A CLERK WHO USES A DILIGENT REVIEW PROCESS TO DETERMINE COMPENSATION OF OFFICERS AND TOP MANAGEMENT. THE COMPENSATION PROCESS INCLUDES A REVIEW OF MARKET RATES AND PASSED AFTER A REVIEW BY THE BOARD. THE COMPENSATION CONTRACT IS KEPT CURRENT BY THE ORGANIZATION'S HUMAN RESOURCES DEPARTMENT. COMPENSATION IS ONLY RECEIVED BY CHA ACTIVITIES NO COMPENSATION IS PAID DIRECTLY FROM KENNEDY MANAGEMENT, INC. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETE FORM 990 IS PROVIDED TO THE ORGANIZATION'S CLERK AND CFO BEFORE IT IS FILED WITH THE IRS. THE FORM 990 IS REVIEWED BY THE CFO AND ORGANIZATION'S CLERK AND MADE AVAILABLE TO ALL BOARD MEMBERS ALONG WITH THE ANNUAL AUDIT. THE ORGANIZATION'S CLERK WILL AUTHORIZE THE TAX RETURN AND THEN SIGNED BY EITHER THE CLERK OR CFO. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS ENFORCED VIA EMPLOYEE HANDBOOK THAT IS UPDATED AND DISTRIBUTED AS CHANGES ARE MADE IN WHICH EACH EMPLOYEE RECEIVES A COPY. BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO DISCLOSE INTERESTS THAT MAY RISE TO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CAMBRIDGE HOUSING AUTHORITY 362 GREEN STREET CAMBRIDGE MA 02139 046002081 AFFORDABLE HOUSING MA GOVERNMENT N/A 0 CAMBRIDGE AFFORDABLE HOUSING CORP 362 GREEN STREET CAMBRIDGE MA 02139 223026442 AFFORDABLE HOUSING MA 501(C)(3) LINE 10 CAMBRIDGE HOUSING AUTHORITY 0 ESSEX STREET MANAGEMENT INC 362 GREEN STREET CAMBRIDGE MA 02139 043534715 AFFORDABLE HOUSING MA 501(C)(3) LINE 10 CAMBRIDGE HOUSING AUTHORITY 0 RESIDENT SERVICES EMPOWERMENT INC 362 GREEN STREET CAMBRIDGE MA 02139 832304984 EDUCATION AND EMPOWERMENT MA 501(C)(3) LINE 12B, II CAMBRIDGE HOUSING AUTHORITY 0 JOHN F KENNEDY APARTMENTS LLC 362 GREEN STREET CAMBRIDGE MA 02139 201467300 AFFORDABLE HOUSING MA KENNEDY MANAGEMENT INC RELATED 0 1 FUND 2009 JFK HOLDINGS LLC 362 GREEN STREET CAMBRIDGE MA 02139 202059742 AFFORDABLE HOUSING MA KENNEDY MANAGEMENT INC RELATED 0 1 0 0 0 0 1 0 0 0 0 0 0 1 1 1 1 1 1 0 0 CAMBRIDGE HOUSING AUTHORITY E 15589586