Kennedy Property Corporation

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

EIN: 222442034 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Kennedy Property Corporation?

Kennedy Property Corporation is a nonprofit organization situated in Philadelphia, Pennsylvania. Its primary function involves providing real estate and property management services to various affiliates of Jefferson Health New Jersey. This organization contributes significantly to the operational needs of these entities, ensuring efficient and effective use of their real estate resources.


Official website here: www.jeffersonhealth.org

Is Kennedy Property Corporation legitimate?

Kennedy Property Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kennedy Property Corporation 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: $0

For more financial information, click here


Official website here: www.jeffersonhealth.org

What is the mission statement of Kennedy Property Corporation?

Kennedy Property Corporation's primary role is to offer real estate and property management services to various affiliated entities within Jefferson Health New Jersey. This organization's mission is centered around providing efficient and effective property management services, thereby supporting the operations of these healthcare entities. The organization incurs expenses in the process of delivering these services, ensuring the smooth functioning of the associated healthcare facilities. While the mission statement does not explicitly state a broader objective or vision, it can be inferred that Kennedy Property Corporation aims to contribute to the success of Jefferson Health New Jersey's affiliates through its specialized services in property management.


Official website here: www.jeffersonhealth.org

Who is the CEO of Kennedy Property Corporation?

Alexander D Sharnoff Esq is the Secretary of Kennedy Property Corporation.


Official website here: www.jeffersonhealth.org

What is the revenue of Kennedy Property Corporation?

Kennedy Property Corporation's revenue in 2022 was $2,309,955.


Official website here: www.jeffersonhealth.org

Who are the executives of Kennedy Property Corporation and what are their salaries?

There 3 volunteers at Kennedy Property Corporation.


Here are 8 key members and their salaries:


James Huynh (Vp Facilities Management)
  • Compensation: $0
  • Related: $304,590
  • Other: $24,303
John P Silvestri (Chairman - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel J Dalton (Vice Chair - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William R Barker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John F Durante (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce J Paparone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander D Sharnoff Esq (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen V Destefano Cpa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jeffersonhealth.org

Where can I find the form 990 for Kennedy Property Corporation?

Kennedy Property Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jeffersonhealth.org

Learn more at the official website: www.jeffersonhealth.org

Mission Statement of Kennedy Property Corporation

Kennedy Property Corporation, in its mission, offers real estate and property management services to various affiliates of Jefferson Health New Jersey. The organization's primary role is to support these affiliated entities by managing their real estate needs efficiently and effectively. By doing so, Kennedy Property Corporation contributes to the smooth operation of Jefferson Health New Jersey's facilities, ensuring the delivery of quality healthcare services to its patients. The organization incurs expenses in providing these services, demonstrating its commitment to supporting the healthcare sector.

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Impact




October, 2024

Kennedy Property Corporation plays a vital role in enhancing the infrastructure and operational efficiency of various Jefferson Health New Jersey affiliates through its real estate and property management services. By offering tailored solutions in property management, the organization ensures that healthcare facilities operate in optimal conditions, thereby supporting the delivery of quality healthcare services to the community.

Located in Philadelphia, Pennsylvania, Kennedy Property Corporation contributes to community improvement by managing properties that house essential health services. This not only helps in maintaining the functionality of these facilities but also fosters a supportive environment for patients and healthcare workers alike. Their efforts ultimately bolster the local healthcare system, making a significant positive impact on public health and well-being in the region.




This information is meant to be a general summary of Kennedy Property Corporation. 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
$2,309,955 (2022)
Expenses
$1,840,051 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,527
  • Program Service Revenue: $2,168,244
  • Gross Receipts: $3,095,908

Assets and Liabilities:

  • Total Assets: $15,676,389
  • Total Liabilities: $1,361,083
  • Net Assets: $14,315,306

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Programs

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

RENTAL INCOME FROM AFFILIATES

Revenue

$2,168,244

Organization Details

Founding Year

1982

Principal Officer

Alexander D Sharnoff Esq

Main Address

1101 MARKET STREET SUITE 2004, PHILADELPHIA, PA, 19107

NTEE Category

Code: S47 - Community improvement

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