2019-11-15T08:19:13-06:00 2018-12-31 410746749 CLIFTONLARSONALLEN LLP 300 CROWN COLONY DRIVE SUITE 310 QUINCY MA 02169 990 2018-01-01 043597428 KENNEDY MANAGEMENT INC C/O CAMBRIDGE HOUSING AUTHORITY KENN 6178643020 362 GREEN STREET CAMBRIDGE MA 02139 MICHAEL J JOHNSTON CLERK 6178643020 2019-11-12 1 DOUGLAS FIEBELKORN P00173341 6179848100 2019-11-12 67.137.57.251 2019-11-12 16:05:01 ES P 1A53DBAE8AE3BFC29E9AECF52760C2CD4F90396B EAD1050B096A5AD20989DB7D26358B2771A7DE8D 2018 2020-04-17 16:48:07Z MICHAEL J JOHNSTON 362 GREEN STREET CAMBRIDGE MA 02139 1159469 0 X WWW.CAMBRIDGE-HOUSING.ORG X 2001 MA THE ORGANIZATION'S MISSION IS TO PROVIDE MANAGEMENT AND SUPPORTING SERVICES FOR RELATED ORGANIZATIONS WHICH OWN AND OPERATE LOW-INCOME HOUSING UNITS FOR QUALIFIED INDIVIDUALS IN THE CITY OF CAMBRIDGE AND TO PROVIDE LONG-TERM DEVELOPMENT SERVICES FOR SUCH HOUSING UNITS. 6 5 0 5 0 0 0 0 857685 941423 675 1451 37470 216595 895830 1159469 0 0 0 0 253427 267830 0 0 0 1211694 1258256 1465121 1526086 -569291 -366617 17775355 18479726 15965987 17036975 1809368 1442751 THE ORGANIZATION'S MISSION IS TO PROVIDE MANAGEMENT AND SUPPORTING SERVICES FOR RELATED ORGANIZATIONS WHICH OWN AND OPERATE LOW-INCOME HOUSING UNITS FOR QUALIFIED INDIVIDUALS IN THE CITY OF CAMBRIDGE, MA. 0 0 1358356 1158018 AFFORDABLE HOUSING - MANAGEMENT AND SUPPORTING SERVICES FOR RELATED ORGANIZATIONS WHICH OWN AND OPERATE HOUSING FOR LOW AND MODERATE INCOME PERSONS. 1358356 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 6 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X JOHN FILIP 6175206387 362 GREEN STREET CAMBRIDGE MA 02139 MICHAEL J JOHNSTON CLERK 1.00 41.00 X X 0 174313 6773 GERARD J CLARK TREASURER 1.00 2.00 X X 0 0 0 VICTORIA BERGLAND VICE PRESIDENT 1.00 2.00 X X 0 0 0 ANTHONY PINI DIRECTOR 1.00 2.00 X 0 0 0 SUSAN T CONNELLY DIRECTOR 1.00 2.00 X 0 0 0 NAOMIE STEPHEN PRESIDENT 1.00 2.00 X X 0 0 0 ELAINE DEROSA DIRECTOR 1.00 2.00 X 0 0 0 SUSAN COHEN GENERAL COUNSEL 1.00 41.00 X 0 112734 4879 BRENDA SNOWDEN DOWNING DEPUTY EXECUTIVE DIRECTOR 1.00 41.00 X 0 148560 7973 MARGARET DONNELLY-MORAN ACTING DIRECTOR 1.00 41.00 X 0 175801 0 JOHN FILIP CHIEF FINANCIAL OFFICER 1.00 41.00 X 0 156549 2626 HANNAH LODI DIRECTOR OF LEASED HOUSING 1.00 41.00 X 0 126229 2677 0 894186 24928 0 0 1 0 SENIOR LIVING RESIDENCES 45 BRAINTREE HILL OFFICE PARK SUIT BRAINTREE MA 02184 MANAGEMENT SERVICES 171646 1 RENTAL INCOME 532000 926423 926423 MANAGEMENT FEE INCOME 561000 15000 15000 941423 1451 1451 OTHER INCOME 532000 216595 216595 216595 1159469 1158018 0 1451 234826 226069 8757 10184 1418 8766 22820 15321 7499 93693 93693 196 196 10550 10550 2220 2220 32268 22238 10030 25438 25438 159452 159452 566 566 1248 1248 680410 680410 59483 59483 REPAIRS & MAINTENANCE 93959 93959 OTHER EXPENSES 81718 81703 15 SNOW REMOVAL 17055 17055 1526086 1358356 167730 0 387100 1500130 50320 50421 24386 56100 55817 63327 24894576 9342394 16208672 15552182 1049060 1257566 17775355 18479726 169630 186169 2319 3046 15794038 16847760 15965987 17036975 X 1809368 1442751 1809368 1442751 17775355 18479726 -366617 0 X X 0 1 X 1 1 1 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 24025572 9147870 14877702 165388 156539 8849 121825 37985 83840 15552182 TENANT SECURITY DEPOSITS 10725 REPLACEMENT RESERVES 834194 OPERATING RESERVE 412647 1257566 DUE TO RELATED PARTIES 16839936 TENANTS' SECURITY DEPOSITS 7824 16847760 X 1159469 0 1159469 0 1159469 1526086 0 1526086 0 1526086 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(3). INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. FOR THE YEARS ENDED DECEMBER 31, 2018 AND DECEMBER 31, 2017, ALL OF THE ORGANIZATION'S REVENUES WERE REALIZED FROM EXEMPT ACTIVITIES. THE ORGANIZATION IS EXEMPT FROM MASSACHUSETTS INCOME TAXES UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS. X X 0 0 0 0 0 0 0 0 0 MICHAEL J JOHNSTON CLERK 0 174313 0 0 0 0 0 0 0 6773 0 181086 0 0 BRENDA SNOWDEN DOWNING DEPUTY EXECUTIVE DIRECTOR 0 148560 0 0 0 0 0 0 0 7973 0 156533 0 0 MARGARET DONNELLY-MORAN ACTING DIRECTOR 0 171801 0 4000 0 0 0 0 0 0 0 175801 0 0 JOHN FILIP CHIEF FINANCIAL OFFICER 0 156549 0 0 0 0 0 0 0 2626 0 159175 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 A, LINE 6 THE ORGANIZATION HAS SIX VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A SUBJECT TO THE OTHER BOARD MEMBERS' VOTE, MEMBERS MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. THEY REMAIN AS MEMBERS UNTIL RESIGNATION OR VOTED OFF BY THE BOARD OF DIRECTOR'S WITH AT LEAST TWO THIRDS OF THE VOTE. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS VOTE ON ANY POLICY CHANGES TO THE ORGANIZATION. 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 B, LINE 15 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 C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C PROCESS IS UNCHANGED FROM PRIOR YEAR. 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 N/A 0 ESSEX STREET MANAGEMENT INC 362 GREEN STREET CAMBRIDGE MA 02139 043534715 AFFORDABLE HOUSING MA 501(C)(3) LINE 10 N/A 0 RESIDENT SERVICES EMPOWERMENT INC 362 GREEN STREET CAMBRIDGE MA 02139 832304984 EDUCATION AND EMPOWERMENT MA 501(C)(3) LINE 12B, II N/A 0 JOHN F KENNEDY APARTMENTS LLC 362 GREEN STREET CAMBRIDGE MA 02139 201467300 AFFORDABLE HOUSING MA KENNEDY MANAGEMENT INC 0 1 FUND 2009 JFK HOLDINGS LLC 362 GREEN STREET CAMBRIDGE MA 02139 202059742 AFFORDABLE HOUSING MA KENNEDY MANAGEMENT INC 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 5000000 CAMBRIDGE HOUSING AUTHORITY E 2100000 CAMBRIDGE HOUSING AUTHORITY E 7339588 CAMBRIDGE HOUSING AUTHORITY E 250000 CAMBRIDGE HOUSING AUTHORITY E 900000