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Kennedy Management Inc C/O Cambridge Housing Authority

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043597428 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

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Overview

What is Kennedy Management Inc C/O Cambridge Housing Authority?

Kennedy Management Inc, functioning under Cambridge Housing Authority, is a nonprofit organization situated in Cambridge, Massachusetts. Their primary focus is to offer management and supporting services to related organizations that own and operate low-income housing units. This mission aims to provide long-term development services for such housing units, ensuring that qualifying individuals in Cambridge have access to affordable housing. Their work contributes to the betterment of the community by facilitating the operation of low-income housing units and promoting sustainable housing solutions.


Official website here: www.cambridge-housing.org

Is Kennedy Management Inc C/O Cambridge Housing Authority legitimate?

Kennedy Management Inc C/O Cambridge Housing Authority is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kennedy Management Inc C/O Cambridge Housing Authority submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $399,941

For more financial information, click here


Official website here: www.cambridge-housing.org

What is the mission statement of Kennedy Management Inc C/O Cambridge Housing Authority?

Kennedy Management Inc., serving as a subsidiary, is committed to providing management and support services for related organizations that own and operate low-income housing units. Their mission is to assist these organizations in catering to qualifying individuals, ensuring long-term development services for these housing units. In essence, their role is to facilitate the provision of affordable housing for low and moderate-income individuals, playing a crucial role in housing management and development.


Official website here: www.cambridge-housing.org

Who is the CEO of Kennedy Management Inc C/O Cambridge Housing Authority?

John Filip is the Clerk of Kennedy Management Inc C/O Cambridge Housing Authority.


Official website here: www.cambridge-housing.org

What is the revenue of Kennedy Management Inc C/O Cambridge Housing Authority?

Kennedy Management Inc C/O Cambridge Housing Authority's revenue in 2022 was $2,999,889.


Official website here: www.cambridge-housing.org

Who are the executives of Kennedy Management Inc C/O Cambridge Housing Authority and what are their salaries?

There 5 volunteers at Kennedy Management Inc C/O Cambridge Housing Authority.


Here are 11 key members and their salaries:


Michael J Johnston (Clerk)
  • Compensation: $0
  • Related: $249,651
  • Other: $73,362
Brenda Snowden Downing (Deputy Executive Director)
  • Compensation: $0
  • Related: $230,304
  • Other: $68,159
Margaret Donnelly-Moran (Director Of Planning & Dev)
  • Compensation: $0
  • Related: $251,297
  • Other: $45,357
John Filip (Chief Financial Officer)
  • Compensation: $0
  • Related: $238,993
  • Other: $53,897
Kevin J Braga (Director Of Operations)
  • Compensation: $0
  • Related: $204,748
  • Other: $64,908
Hannah M Bolcome (Director Of Leased Housing (Until 2/22))
  • Compensation: $0
  • Related: $63,625
  • Other: $0
Elaine Derosa (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Bacci Iii (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald J Clark (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Bergland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan T Connelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cambridge-housing.org

Where can I find the form 990 for Kennedy Management Inc C/O Cambridge Housing Authority?

Kennedy Management Inc C/O Cambridge Housing Authority's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cambridge-housing.org

Learn more at the official website: www.cambridge-housing.org

Mission Statement of Kennedy Management Inc C/O Cambridge Housing Authority

Kennedy Management Inc, a nonprofit organization, is dedicated to providing management and supporting services for related organizations that own and operate low-income housing units. The mission of this organization is to ensure the long-term development of these housing units, providing a home for qualifying individuals who fall under the categories of low and moderate income. By offering its expertise in management and support, Kennedy Management Inc plays a crucial role in maintaining the affordability of housing for those who need it most.

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Impact




October, 2024

Kennedy Management Inc C/O Cambridge Housing Authority plays a crucial role in ensuring the availability and management of affordable housing in Cambridge, MA. By providing management and supporting services to related low-income housing organizations, the entity helps maintain safe, stable, and affordable living conditions for low and moderate-income individuals and families.

Their operations directly contribute to the well-being of the community by facilitating the effective management of housing units, ensuring that they meet the necessary standards and are accessible to those in need. Moreover, their emphasis on long-term development services aids in the sustainability and improvement of housing options within the city, addressing the ongoing challenges of affordable housing and supporting the local economy.

Through their efforts, Kennedy Management Inc not only enhances individual living situations but also fosters a sense of stability and community among residents, which is vital for social cohesion and growth.




This information is meant to be a general summary of Kennedy Management Inc C/O Cambridge Housing Authority. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,999,889 (2022)
Expenses
$3,634,170 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,603
  • Program Service Revenue: $2,102,543
  • Gross Receipts: $2,999,889

Assets and Liabilities:

  • Total Assets: $39,424,800
  • Total Liabilities: $39,231,810
  • Net Assets: $192,990

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$2,102,543

Organization Details

Founding Year

2001

Principal Officer

John Filip

Main Address

362 GREEN STREET, CAMBRIDGE, MA, 02139

NTEE Category

Code: L20 - Housing

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