KENNEDY MANAGEMENT INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- KENNEDY MANAGEMENT INC (EIN 04-3597428)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-07
- IRS object ID
- 202513119349302566
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-07T12:20:25-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 BATTERYMARCH PARK SUITE 100 | AddressLine1Txt |
| City | QUINCY | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02169 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043597428 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KENNEDY MANAGEMENT INC | BusinessNameLine1Txt |
| Business Name Line2 | C/O CAMBRIDGE HOUSING AUTHORITY | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KENN | BusinessNameControlTxt |
| Phone | 6175206387 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 362 GREEN STREET | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN FILIP | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6175206387 | PhoneNum |
| Signature | 2025-11-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIELLE NIHILL | PreparerPersonNm |
| PTIN | P01350943 | PTIN |
| Phone | 7819821001 | PhoneNum |
| Preparation | 2025-11-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOHN FILIP | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 362 GREEN STREET | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,770,598 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CAMBRIDGE-HOUSING.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE MANAGEMENT AND SUPPORTING SERVICES FOR RELATED LOW-INCOME HOUSING ORGANIZATIONS | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 5 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,275,526 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,764,127 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,377 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,471 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $2,280,903 | PYTotalRevenueAmt |
| CY Total Revenue | $2,770,598 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $481,838 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $503,611 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,998,956 | PYOtherExpensesAmt |
| CY Other Expenses | $7,547,441 | CYOtherExpensesAmt |
| PY Total Expenses | $3,480,794 | PYTotalExpensesAmt |
| CY Total Expenses | $8,051,052 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,199,891 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$5,280,454 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $49,338,914 | TotalAssetsBOYAmt |
| Total Assets EOY | $144,781,091 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $50,345,815 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $151,118,446 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$1,006,901 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$6,337,355 | NetAssetsOrFundBalancesEOYAmt |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $7,276,008 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $2,764,127 | RevenueAmt |
| Desc | AFFORDABLE HOUSING - MANAGEMENT AND SUPPORTING SERVICES FOR RELATED ORGANIZATIONS WHICH OWN AND OPERATE HOUSING FOR LOW AND MODERATE INCOME PERSONS. | Desc |
| Total Program Service Expenses | $7,276,008 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOSEPH DIMAMBRO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6175206387 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 362 GREEN STREET | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| MICHAEL J JOHNSTON | ||||||||
| CLERK | 1.00 | 40.00 | Yes (X) | Yes (X) | $0 | $269,931 | $84,744 | |
| ELAINE DEROSA | ||||||||
| PRESIDENT | 1.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SUSAN T CONNELLY | ||||||||
| VICE-PRESIDENT | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| GERALD J CLARK | ||||||||
| TREASURER | 1.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LOUIS BACCI III | ||||||||
| DIRECTOR | 1.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| VICTORIA BERGLAND | ||||||||
| DIRECTOR | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARGARET DONNELLY-MORAN | ||||||||
| DEPUTY EXECUTIVE DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $316,112 | $75,774 | ||
| JOHN FILIP | ||||||||
| CHIEF FINANCIAL OFFICER | 1.00 | 40.00 | Yes (X) | $0 | $266,709 | $72,614 | ||
| BRENDA SNOWDEN DOWNING | ||||||||
| DEPUTY EXECUTIVE DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $262,769 | $83,048 | ||
| JOE DIMAMBRO | ||||||||
| DEPUTY FISCAL DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $173,347 | $61,882 | ||
| KEVIN J BRAGA | ||||||||
| DIRECTOR OF OPERATIONS | 1.00 | 40.00 | Yes (X) | $0 | $207,853 | $75,026 | ||
| JOHN LINDAMOOD | ||||||||
| DIRECTOR OF RESIDENT SERVI | 1.00 | 40.00 | Yes (X) | $0 | $191,249 | $61,306 | ||
| CLARA FRADEN | ||||||||
| DIRECTOR OF PLANNING | 1.00 | 40.00 | $0 | $228,752 | $54,438 | Yes (X) | ||
| GORAN SMILJIC | ||||||||
| DIRECTOR OF CONSTRUCTION | 1.00 | 40.00 | $0 | $230,591 | $54,581 | Yes (X) | ||
| ROBERT KELSEY | ||||||||
| DIRECTOR OF HUMAN RESOURCES | 1.00 | 40.00 | $0 | $196,627 | $56,874 | Yes (X) | ||
| SHAYLA SIMMONS | ||||||||
| GENERAL COUNSEL | 1.00 | 40.00 | $0 | $187,958 | $70,317 | Yes (X) | ||
| SUSAN MARIE NOHL | ||||||||
| DIRECTOR OF LEASED HOUSING | 1.00 | 40.00 | $0 | $187,416 | $45,311 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $2,719,314 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $795,915 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| COLANTONIO INC | |||||
| 16 EVERETT STREET | HOLLISTON | MA | 01746 | CONSTRUCTION | $18,224,160 |
| HMFH ARCHITECTS | |||||
| 130 BISHOP ALLEN DRIVE | CAMBRIDGE | MA | 02139 | ARCHITECTS | $790,584 |
| BWA ARCHITECTURE | |||||
| 132 LINCOLN STREET SUITE 4 | BOSTON | MA | 02111 | ARCHITECTS | $763,075 |
| SENIOR LIVING RESIDENCES LLC | |||||
| 45 BRAINTREE HILL OFFICE PK 306 | BRAINTREE | MA | 02184 | PROPERTY MANAGEMENT | $258,213 |
| J&T CONTRACTING | |||||
| 41 MORSE AVENUE | ATTLEBORO | MA | 02703 | CLEANING | $142,499 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RENTAL INCOME | 532000 | $2,361,526 | $2,361,526 |
| TENTANT REVENUE - OTHE | 532000 | $402,601 | $402,601 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,764,127 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,471 | TotalRevenueColumnAmt |
| Exclusion | $6,471 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,770,598 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,764,127 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $6,471 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $416,832 | TotalAmt |
| Program Services | $261,868 | ProgramServicesAmt |
| Management And General | $154,964 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,779 | TotalAmt |
| Program Services | $54,517 | ProgramServicesAmt |
| Management And General | $32,262 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $204,916 | TotalAmt |
| Management And General | $204,916 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,510 | TotalAmt |
| Management And General | $12,510 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,366 | TotalAmt |
| Management And General | $102,366 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,780 | TotalAmt |
| Management And General | $52,780 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,667 | TotalAmt |
| Management And General | $2,667 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,315 | TotalAmt |
| Management And General | $91,315 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,870 | TotalAmt |
| Management And General | $24,870 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $978,810 | TotalAmt |
| Program Services | $978,810 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $532,397 | TotalAmt |
| Program Services | $532,397 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,176,700 | TotalAmt |
| Program Services | $1,176,700 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $199,804 | TotalAmt |
| Program Services | $199,804 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| DEVELOPER FEES | $3,959,013 | $3,959,013 | |
| TENANT SERVICES | $112,899 | $112,899 | |
| TAXES & PAYMENTS IN LIE | $52,043 | $52,043 | |
| MISCELLANEOUS EXPENSES | $44,351 | $44,351 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,051,052 | TotalAmt |
| Program Services | $7,276,008 | ProgramServicesAmt |
| Management And General | $775,044 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,655,278 | BOYAmt |
| EOY | $1,079,187 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,521,396 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,226 | BOYAmt |
| EOY | $99,349 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,175 | BOYAmt |
| EOY | $199,889 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $44,336,923 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $14,157,385 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,944,174 | BOYAmt |
| EOY | $30,179,538 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,516,061 | BOYAmt |
| EOY | $110,701,732 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,338,914 | BOYAmt |
| EOY | $144,781,091 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,250,123 | BOYAmt |
| EOY | $15,631,889 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,071 | BOYAmt |
| EOY | $10,887 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,927,280 | BOYAmt |
| EOY | $82,831,713 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,144,341 | BOYAmt |
| EOY | $52,643,957 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,345,815 | BOYAmt |
| EOY | $151,118,446 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$1,006,901 | BOYAmt |
| EOY | -$6,337,355 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$1,006,901 | BOYAmt |
| EOY | -$6,337,355 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,338,914 | BOYAmt |
| EOY | $144,781,091 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$5,280,454 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$50,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type2 | Yes (X) | SupportingOrgType2Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAMBRIDGE HOUSING AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 046002081 | EIN |
| Organization Type | 6 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $0 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Majority Dir Trst Supported Org | Yes (1) | MajorityDirTrstSupportedOrgInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,561,600 | OtherCostOrOtherBasisAmt |
| Book Value | $3,561,600 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $38,944,434 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,521,692 | DepreciationAmt |
| Book Value | $25,422,742 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,562 | OtherCostOrOtherBasisAmt |
| Depreciation | $16,562 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,814,327 | OtherCostOrOtherBasisAmt |
| Depreciation | $619,131 | DepreciationAmt |
| Book Value | $1,195,196 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $30,179,538 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (7 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| REPLACEMENT RESERVES | $426,114 |
| OPERATING RESERVE | $797,495 |
| REAL ESTATE AND INSURANCE ESCROWS | $18,444 |
| GROUND LEASE, NET | $448,095 |
| OPERATING LEASE ROU ASSET | $44,952,758 |
| CONSTRUCTION IN PROGRESS | $64,053,711 |
| RELATED PARTY | $5,115 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $110,701,732 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO RELATED PARTIES | $2,829,917 |
| ACCRUED INTEREST PAYABLE | $3,079,788 |
| OPERATING LEASE LIABILITY | $46,734,252 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $52,643,957 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $2,720,598 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | -$50,000 | OtherRevenueAmt |
| Revenue Not Reported | -$50,000 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,770,598 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,770,598 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $8,051,052 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,051,052 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $8,051,052 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART XI, LINE 2D - OTHER ADJUSTMENTS: | FormAndLineReferenceDesc |
| Explanation | SYNDICATION COSTS -50,000. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARGARET DONNELLY-MORAN | ||||||||||||||
| DEPUTY EXECUTIVE DIRECTOR | $0 | $269,112 | $0 | $47,000 | $0 | $0 | $0 | $74,824 | $0 | $950 | $0 | $391,886 | $0 | $0 |
| MICHAEL J JOHNSTON | ||||||||||||||
| CLERK | $0 | $269,931 | $0 | $0 | $0 | $0 | $0 | $63,893 | $0 | $20,851 | $0 | $354,675 | $0 | $0 |
| BRENDA SNOWDEN DOWNING | ||||||||||||||
| DEPUTY EXECUTIVE DIRECTOR | $0 | $243,769 | $0 | $19,000 | $0 | $0 | $0 | $62,197 | $0 | $20,851 | $0 | $345,817 | $0 | $0 |
| JOHN FILIP | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $0 | $242,709 | $0 | $24,000 | $0 | $0 | $0 | $63,130 | $0 | $9,484 | $0 | $339,323 | $0 | $0 |
| GORAN SMILJIC | ||||||||||||||
| DIRECTOR OF CONSTRUCTION | $0 | $195,591 | $0 | $35,000 | $0 | $0 | $0 | $54,581 | $0 | $0 | $0 | $285,172 | $0 | $0 |
| CLARA FRADEN | ||||||||||||||
| DIRECTOR OF PLANNING | $0 | $193,752 | $0 | $35,000 | $0 | $0 | $0 | $54,146 | $0 | $292 | $0 | $283,190 | $0 | $0 |
| KEVIN J BRAGA | ||||||||||||||
| DIRECTOR OF OPERATIONS | $0 | $199,853 | $0 | $8,000 | $0 | $0 | $0 | $49,199 | $0 | $25,827 | $0 | $282,879 | $0 | $0 |
| SHAYLA SIMMONS | ||||||||||||||
| GENERAL COUNSEL | $0 | $187,958 | $0 | $0 | $0 | $0 | $0 | $44,490 | $0 | $25,827 | $0 | $258,275 | $0 | $0 |
| ROBERT KELSEY | ||||||||||||||
| DIRECTOR OF HUMAN RESOURCES | $0 | $188,627 | $0 | $8,000 | $0 | $0 | $0 | $46,542 | $0 | $10,332 | $0 | $253,501 | $0 | $0 |
| JOHN LINDAMOOD | ||||||||||||||
| DIRECTOR OF RESIDENT SERVI | $0 | $179,249 | $0 | $12,000 | $0 | $0 | $0 | $45,269 | $0 | $16,037 | $0 | $252,555 | $0 | $0 |
| JOE DIMAMBRO | ||||||||||||||
| DEPUTY FISCAL DIRECTOR | $0 | $163,347 | $0 | $10,000 | $0 | $0 | $0 | $41,031 | $0 | $20,851 | $0 | $235,229 | $0 | $0 |
| SUSAN MARIE NOHL | ||||||||||||||
| DIRECTOR OF LEASED HOUSING | $0 | $179,416 | $0 | $8,000 | $0 | $0 | $0 | $44,361 | $0 | $950 | $0 | $232,727 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE BOARD MAY FROM TIME TO TIME CREATE SPECIAL COMMITTEES TO REVIEW AND MAKE RECOMMENDATIONS ON ADMINISTRATIVE AND ECONOMIC PRACTICES OF THE AUTHORITY IN COLLABORATION WITH THE SECRETARY/EXECUTIVE DIRECTOR. ALL SPECIAL COMMITTEES WILL REPORT TO THE BOARD AT ITS REGULAR AND SPECIAL MEETINGS. THE BOARD WILL AT TIMES RATIFY OR REVOKE THE ACTION OF THE SPECIAL COMMITTEES. TWO (2) MEMBERS OF THE BOARD OF COMMISSIONERS SHALL CONSTITUTE A COMMITTEE AND A QUORUM. A MAJORITY VOTE OF SAID TWO (2) MEMBERS SHALL BE SUFFICIENT FOR A DETERMINATION. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE COMPLETE FORM 990 IS REVIEWED BY THE CLERK AND THE CFO OF THE ORGANIZATION WHO ARE AUTHORIZED SIGNERS OF THE ORGANIZATION. COPIES ARE MADE AVAILABLE TO THE BOARD UPON REQUEST. |
| 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. COMPLIANCE WITH THE POLICY IS OVERSEEN BY THE EXECUTIVE DIRECTOR AND HUMAN RESOURCE DIRECTOR. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION COMMISSIONS AN INDEPENDENT COMPENSATION STUDY FROM AN OUTSIDE THIRD PARTY. |
| 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 XI, LINE 9: | SYNDICATION COSTS -50,000. |
| INTERNAL REVENUE CODE SECTION 168(H)(6) ELECTION | THE ORGANIZATION OWNS/CONTROLS 116 NORFOLK STREET APARTMENTS MANAGER, LLC WHICH IS A CORPORATION THAT HAS MADE AN ELECTION IN ACCORDANCE WITH CODE SECTION 168(H)(6)(F)(II), TO BE TREATED AS OTHER THAN A TAX-EXEMPT CONTROLLED ENTITY FOR PURPOSES OF USING THE ALTERNATIVE DEPRECIATION SYSTEM FOR CERTAIN PROPERTY SPECIFIED IN SECTION 168 (G)(2). THIS PROPERTY INCLUDES RESIDENTIAL RENTAL PROPERTY SPECIFIED IN SECTION 168 (G)(2). THIS PROPERTY INCLUDES RESIDENTIAL RENTAL PROPERTY WHICH THE ENTITY WILL BE DEPRECIATING OVER A RECOVERY PERIOD OF 27.5 YEARS. THE ORGANIZATION OWNS/CONTROLS CLIFTON PLACE MANAGER, LLC WHICH IS A CORPORATION THAT HAS MADE AN ELECTION IN ACCORDANCE WITH CODE SECTION 168(H)(6)(F)(II), TO BE TREATED AS OTHER THAN A TAX-EXEMPT CONTROLLED ENTITY FOR PURPOSES OF USING THE ALTERNATIVE DEPRECIATION SYSTEM FOR CERTAIN PROPERTY SPECIFIED IN SECTION 168 (G)(2). THIS PROPERTY INCLUDES RESIDENTIAL RENTAL PROPERTY SPECIFIED IN SECTION 168 (G)(2). THIS PROPERTY INCLUDES RESIDENTIAL RENTAL PROPERTY WHICH THE ENTITY WILL BE DEPRECIATING OVER A RECOVERY PERIOD OF 27.5 YEARS. KENNEDY MANAGEMENT, INC. ELECTS TO TREAT THE GAIN FROM ANY DISPOSITION OF ITS OWNERSHIP INTERESTS (AND ANY DIVIDEND RECEIVED OR ACCRUED FROM THE CONTROLLED ENTITY) AS UNRELATED BUISNESS TAXABLE INCOME FOR PURPOSES OF CODE SECTION 511 OF THE INTERNAL REVENUE CODE. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | EINEIN |
|---|---|---|---|---|---|---|---|---|---|
| 116 NORFOLK APARTMENTS MANAGER LLC | |||||||||
| 362 GREEN STREET | CAMBRIDGE | MA | 02139 | PROPERTY MANAGEMENT | MA | $0 | $0 | KENNEDY MANAGEMENT INC | |
| LANCASTER STREET APARTMENTS LLC | |||||||||
| 362 GREEN STREET | CAMBRIDGE | MA | 02139 | PROPERTY MANAGEMENT | MA | $0 | $0 | KENNEDY MANAGEMENT INC | |
| FUND 2009 JFK HOLDINGS LLC | |||||||||
| 362 GREEN STREET | CAMBRIDGE | MA | 02139 | AFFORDABLE HOUSING | MA | $0 | $0 | KENNEDY MANAGEMENT INC | 202059742 |
| 116 NORFOLK APARTMENTS LLC | |||||||||
| 362 GREEN STREET | CAMBRIDGE | MA | 02139 | AFFORDABLE HOUSING | MA | $0 | $0 | KENNEDY MANAGEMENT INC | |
| CLIFTON PLACE LLC | |||||||||
| 362 GREEN STREET | CAMBRIDGE | MA | 02139 | PROPERTY MANAGEMENT | MA | $0 | $0 | KENNEDY MANAGEMENT INC | 922072015 |
| JACKSON PLACE MANAGER LLC | |||||||||
| 362 GREEN STREET | CAMBRIDGE | MA | 02139 | PROPERTY MANAGEMENT | MA | $0 | $0 | KENNEDY MANAGEMENT INC | 843576138 |
| JACKSON PLACE LLC | |||||||||
| 362 GREEN STREET | CAMBRIDGE | MA | 02139 | PROPERTY MANAGEMENT | MA | $0 | $0 | KENNEDY MANAGEMENT INC | 920997675 |
| JACKSON PLACE APARTMENTS | |||||||||
| 362 GREEN STREET | CAMBRIDGE | MA | 02139 | AFFORDABLE HOUSING | MA | $0 | $0 | KENNEDY MANAGEMENT INC | |
| CLIFTON PLACE MANAGER LLC | |||||||||
| 362 GREEN STREET | CAMBRIDGE | MA | 02139 | PROPERTY MANAGEMENT | MA | $0 | $0 | KENNEDY MANAGEMENT INC | |
| CLIFTON PLACE APARTMENTS LLC | |||||||||
| 362 GREEN STREET | CAMBRIDGE | MA | 02139 | AFFORDABLE HOUSING | MA | $0 | $0 | KENNEDY MANAGEMENT INC | |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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) | 0 | LINE 10 | CAMBRIDGE HOUSING AUTHORITY | |
| ESSEX STREET MANAGEMENT INC | |||||||||||
| 362 GREEN STREET | CAMBRIDGE | MA | 02139 | 043534715 | AFFORDABLE HOUSING | MA | 501(C)(3) | 0 | LINE 10 | CAMBRIDGE HOUSING AUTHORITY | |
| RESIDENT SERVICES EMPOWERMENT INC | |||||||||||
| 362 GREEN STREET | CAMBRIDGE | MA | 02139 | 832304984 | EDUCATION AND EMPOWERMENT | MA | 501(C)(3) | 0 | LINE 12A, I | CAMBRIDGE HOUSING AUTHORITY | |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN F KENNEDY APARTMENTS LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 362 GREEN STREET | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201467300 | EIN |
| Primary Activities | AFFORDABLE HOUSING | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KENNEDY MANAGEMENT INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | RELATED | PredominantIncomeTypeTxt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | Yes (1) | GeneralOrManagingPartnerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAMBRIDGE HOUSING AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | E | TransactionTypeTxt |
| Involved | $46,909,823 | InvolvedAmt |
| Method Of Amount Determination | OUTSTANDING PRINCIPAL | MethodOfAmountDeterminationTxt |
Comments