2016-02-11T14:26:28-06:00 2015-03-31 410746749 CLIFTONLARSONALLEN LLP 300 CROWN COLONY DRIVE SUITE 310 QUINCY MA 02169 990 2014-04-01 043597428 KENNEDY MANAGEMENT INC C/O CAMBRIDGE HOUSING AUTHORITY KENN 6178643020 362 GREEN STREET CAMBRIDGE MA 02139 GREGORY RUSS CLERK 6178643020 2016-02-11 1 JUDY DALEY P01294075 6179848100 2016-02-11 2014 2016-04-25 22:37:26Z GREGORY RUSS 362 GREEN STREET CAMBRIDGE MA 02139 15418 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 15000 15000 392 418 0 0 15392 15418 0 0 0 0 0 0 0 0 0 10753 12099 10753 12099 4639 3319 1391565 2294984 8400 908500 1383165 1386484 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 12099 15000 AFFORDABLE HOUSING - MANAGEMENT AND SUPPORTING SERVICES FOR RELATED ORGANIZATIONS WHICH OWN AND OPERATE HOUSING FOR LOW AND MODERATE INCOME PERSONS. 12099 1 0 0 0 0 0 0 0 0 0 0 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 4 0 1 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 0 0 1 1 0 MA X GREGORY RUSS 6178643020 362 GREEN STREET CAMBRIDGE MA 02139 WARREN R MCMANUS PRESIDENT 1.00 2.00 X X 0 0 0 GERARD J CLARK VICE PRESIDENT 1.00 2.00 X X 0 0 0 ANTHONY PINI TREASURER 1.00 2.00 X X 0 0 0 GREGORY RUSS CLERK 1.00 41.00 X X 0 168158 0 VICTORIA BERGLAND MEMBER 1.00 2.00 X 0 0 0 SUSAN T CONNELLY MEMBER 1.00 2.00 X 0 0 0 MICHAEL JOHNSTON DEPUTY EXECUTIVE DIRECTOR 40.00 2.00 X 0 149191 0 JOHN FILIP CHIEF FINANCIAL OFFICER 40.00 2.00 X 0 130662 0 SUSAN COHEN GENERAL COUNSEL 13.00 27.00 X 0 159570 0 TERRY DUMAS ACTING DIRECTOR 13.00 27.00 X 0 131718 0 JAMES A COMER DIRECTOR OF PROPERTY MANAGEMENT 40.00 0.00 X 0 121525 0 JOHN WOODS DEPUTY DIRECTOR OF P&D 40.00 0.00 X 0 116215 0 GEORGE GANNON DIRECTOR OF MAINTENANCE 40.00 X 0 113388 0 0 1090427 0 0 0 1 0 0 ASSET MANAGEMENT REVENUE 531390 15000 15000 15000 418 418 15418 15000 0 418 8500 8500 2524 2524 ADMINISTRATIVE EXPENSES 1075 1075 12099 12099 0 0 214495 220461 50000 50000 3736 18764 0 900000 1123334 1105759 1391565 2294984 8400 8500 0 900000 8400 908500 X 1383165 1386484 1383165 1386484 1391565 2294984 3319 0 X 0 1 X 1 0 X X 1 CAMBRIDGE HOUSING AUTHORITY 046002081 6 1 0 2524 1 0 2524 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 DEVELOPMENT FEE RECEIVABLE 1105759 1105759 NOTE PAYABLE - CHA 900000 900000 X 15418 0 15418 0 15418 12099 0 12099 0 12099 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT 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 FISCAL YEARS ENDED MARCH 31, 2015 AND 2014, ALL OF THE ORGANIZATION'S REVENUES WERE REALIZED FROM EXEMPT ACTIVITIES. 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 TWELVE MONTHS OF MARCH 31, 2015. ANY CHANGES IN TAX POSITIONS WILL BE RECORDED WHEN THE ULTIMATE OUTCOME BECOMES KNOWN. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES GENERALLY FOR THREE YEARS PRECEDING THE YEAR ENDED MARCH 31, 2015. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES IMPOSED BY TAXING AUTHORITIES IN OPERATING EXPENSES. FOR THE FISCAL YEARS ENDED MARCH 31, 2015 AND 2014, THE ORGANIZATION RECOGNIZED NO INTEREST OR PENALTIES IN THE ACCOMPANYING FINANCIAL STATEMENTS. 0 0 0 0 0 0 0 0 0 GREGORY RUSS CLERK 0 168158 0 0 0 0 0 0 0 0 0 168158 0 0 SUSAN COHEN GENERAL COUNSEL 0 159570 0 0 0 0 0 0 0 0 0 159570 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 11 THE COMPLETE FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT IS FILED WITH THE IRS. THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S TREASURER OR VICE PRESIDENT PRIOR TO THE PRESENTATION TO THE BOARD OF DIRECTORS. THE ORGANIZATION'S 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 ANNUALLY 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 LOW INCOME PUBLIC HOUSING MA 0 CAMBRIDGE AFFORDABLE HOUSING CORP 362 GREEN STREET CAMBRIDGE MA 02139 223026442 LOW INCOME PUBLIC HOUSING MA 501(C)(3) 0 ESSEX STREET MANAGEMENT INC 362 GREEN STREET CAMBRIDGE MA 02139 043534715 LOW INCOME PUBLIC HOUSING MA 501(C)(3) 0 LANCASTER STREET APARTMENTS LLC 362 GREEN STREET CAMBRIDGE MA 02139 201467300 LOW INCOME PUBLIC HOUSING MA 0 0 FUND 2009 JFK HOLDINGS LLC 70 FEDERAL STREET BOSTON MA 02110 202059742 LOW INCOME PUBLIC HOUSING MA 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 FUND 2000 JFK HOLDINGS LLC Q 1105759 AGREED UPON W/ RELATED ORG.