2018-11-14T07:39:38-06:00 2017-12-31 410746749 CLIFTONLARSONALLEN LLP 300 CROWN COLONY DRIVE SUITE 310 QUINCY MA 02169 990 2017-01-01 043597428 KENNEDY MANAGEMENT INC C/O CAMBRIDGE HOUSING AUTHORITY KENN 6178643020 362 GREEN STREET CAMBRIDGE MA 02139 MICHAEL J JOHNSTON CLERK 6178643020 2018-11-08 1 JUDY DALEY P01294075 6179848100 2018-11-08 67.137.57.251 2018-11-08 11:49:05 ES P 1A53DBAE8AE3BFC29E9AECF52760C2CD4F90396B C8FE3F06F46A1D4AD6846F37A561FBDC012C7E24 2017 2019-02-21 02:37:17Z MICHAEL J JOHNSTON 362 GREEN STREET CAMBRIDGE MA 02139 895830 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, MA. 6 5 0 5 0 0 0 0 644250 857685 775 675 28295 37470 673320 895830 0 0 0 0 179316 253427 0 0 0 878509 1211694 1057825 1465121 -384505 -569291 18315023 17775355 15936364 15965987 2378659 1809368 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 1270303 895155 AFFORDABLE HOUSING - MANAGEMENT AND SUPPORTING SERVICES FOR RELATED ORGANIZATIONS WHICH OWN AND OPERATE HOUSING FOR LOW AND MODERATE INCOME PERSONS. 1270303 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 X 6 5 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 1 1 1 0 MA X JOHN FILIP 6175206387 362 GREEN STREET CAMBRIDGE MA 02139 GERALD J CLARK PRESIDENT 1.00 2.00 X X 0 0 0 SUSAN T CONNELLY VICE PRESIDENT 1.00 2.00 X X 0 0 0 VICTORIA BERGLAND TREASURER 1.00 2.00 X X 0 0 0 MICHAEL J JOHNSTON CLERK 1.00 41.00 X X 0 172338 7668 ANTHONY PINI DIRECTOR 1.00 2.00 X 0 0 0 NAOMIE STEPHEN DIRECTOR 1.00 2.00 X 0 0 0 JOHN FILIP CHIEF FINANCIAL OFFICER 1.00 42.00 X 0 148216 1506 SUSAN COHEN GENERAL COUNSEL 1.00 42.00 X 0 160242 4812 BRENDA SNOWDEN DOWNING DEPUTY EXECUTIVE DIRECTOR 1.00 42.00 X 0 130070 7892 MARGARET DONNELLY-MORAN ACTING DIRECTOR 1.00 42.00 X 0 170697 0 0 781563 21878 0 0 1 0 SENIOR LIVING RESIDENCES 45 BRAINTREE HILL OFFICE PARK SUIT BRAINTREE MA 02184 MANAGEMENT SERVICES 165481 1 RENTAL INCOME 532000 842685 842685 MANAGEMENT FEE INCOME 561000 15000 15000 857685 675 675 OTHER INCOME 532000 37470 37470 37470 895830 895155 0 675 224705 217227 7478 8281 1738 6543 20441 13526 6915 91926 91926 468 468 34034 34034 7652 7652 12346 3167 9179 29684 29684 149375 149375 85 85 1248 1248 630776 630776 60532 60532 REPAIRS & MAINTENANCE 89870 89870 OTHER EXPENSES 88698 87844 854 SNOW REMOVAL 15000 15000 1465121 1270303 194818 0 401201 387100 50116 50320 31455 24386 62431 55817 25352160 9143488 15979552 16208672 1790268 1049060 18315023 17775355 165584 169630 686 2319 15770094 15794038 15936364 15965987 X 2378659 1809368 2378659 1809368 18315023 17775355 -569291 0 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 489231 489231 23536341 8396561 15139780 165388 154609 10779 1161200 592318 568882 16208672 TENANT SECURITY DEPOSITS 9923 REPLACEMENT RESERVES 626490 OPERATING RESERVE 412647 1049060 DUE TO RELATED PARTIES 15787014 TENANTS' SECURITY DEPOSITS 7024 15794038 X 895830 0 895830 0 895830 1465121 0 1465121 0 1465121 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 YEAR ENDED DECEMBER 31, 2017 AND THE PERIOD APRIL 1, 2016 THROUGH DECEMBER 31, 2016, 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. 0 0 0 0 0 0 0 0 0 MICHAEL J JOHNSTON CLERK 0 169338 0 3000 0 0 0 0 0 7668 0 180006 0 0 SUSAN COHEN GENERAL COUNSEL 0 157242 0 3000 0 0 0 0 0 4812 0 165054 0 0 MARGARET DONNELLY-MORAN ACTING DIRECTOR 0 166697 0 4000 0 0 0 0 0 0 0 170697 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. ANNUALLY, BOARD MEMBERS POSITIONS ARE VOTED UPON. FORM 990, PART VI, SECTION A, LINE 7B ONLY THE SIX VOTING MEMBERS OF THE GOVERNING BOARD ARE ALLOWED TO VOTE ON DECISIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY INDEPENDENT ACCOUNTANTS BASED ON THE AUDITED FINANCIALS AND INFORMATION PROVIDED BY THE ORGANIZATION'S MANAGEMENT AND THE COMPLETE 990 FORM IS MADE AVAILABLE TO THE GOVERNING BOARD UPON REQUEST. THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S CLERK, TREASURER OR CFO PRIOR TO FILING AND THE CLERK WILL AUTHORIZE AND SIGN THE TAX RETURN. 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. 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 LANCASTER STREET APARTMENTS LLC 362 GREEN STREET CAMBRIDGE MA 02139 201467300 AFFORDABLE HOUSING MA KENNEDY MANAGEMENT INC 0 1 FUND 2009 JFK HOLDINGS LLC 70 FEDERAL STREET BOSTON MA 02110 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 0 0 0