Overview
What is Kennett Exc Associates Inc C/O Aew Capital Management Lp?
Kennett Exc Associates Inc, under the oversight of Aew Capital Management Lp, is a nonprofit entity primarily focused on managing real estate investments on behalf of a public employee retirement plan. Their primary objective is to hold title to these real estate investments and subsequently collect and distribute the income derived from these investments back to the retirement plan. Based in Boston, Massachusetts, they contribute to the financial well-being of public employees by strategically managing their real estate investments.
Is Kennett Exc Associates Inc C/O Aew Capital Management Lp legitimate?
Kennett Exc Associates Inc C/O Aew Capital Management Lp is a legitimate nonprofit organization registered as a 501(c)(25) entity. Kennett Exc Associates Inc C/O Aew Capital Management Lp 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
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What is the mission statement of Kennett Exc Associates Inc C/O Aew Capital Management Lp?
Kennett Exc Associates Inc C/O Aew Capital Management Lp's mission is centered around managing real estate investments on behalf of a public employee retirement plan. Their primary role involves holding title to these real estate investments and collecting income derived from these holdings. This income is then distributed back to the retirement plan, serving as a source of financial support for the plan's beneficiaries.
Who is the CEO of Kennett Exc Associates Inc C/O Aew Capital Management Lp?
Susan Bouchard is the Na of Kennett Exc Associates Inc C/O Aew Capital Management Lp.
What is the revenue of Kennett Exc Associates Inc C/O Aew Capital Management Lp?
Kennett Exc Associates Inc C/O Aew Capital Management Lp's revenue in 2020 was -$34,956,163.
Who are the executives of Kennett Exc Associates Inc C/O Aew Capital Management Lp and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kennett Exc Associates Inc C/O Aew Capital Management Lp?
Kennett Exc Associates Inc C/O Aew Capital Management Lp's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Kennett Exc Associates Inc C/O Aew Capital Management Lp
Kennett Exc Associates Inc C/O Aew Capital Management Lp is an organization primarily focused on managing real estate investments for a public employee retirement plan. Its mission is to hold title to these real estate investments and collect income generated from these holdings. This income is subsequently distributed back to the retirement plan, benefiting its subscribers. Essentially, Kennett Exc Associates Inc C/O Aew Capital Management Lp acts as a steward, ensuring the financial well-being of the retirement plan by strategically investing in real estate and generating returns for its beneficiaries.
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Impact
October, 2024
Kennett Exc Associates Inc C/O Aew Capital Management Lp plays a significant role in managing and optimizing real estate investments for a public employee retirement plan. By holding title to these investments, the organization ensures that the retirement fund is able to grow and provide financial security for public employees.
The impact extends beyond financial management; it involves actively contributing to community improvement through responsible stewardship of real estate assets. By collecting and distributing income from these investments, the organization supports the financial well-being of retirees, thereby positively influencing the economy and quality of life in the Boston area.
Moreover, their focus on real estate investments promotes stability and development within the community, facilitating job creation and enhancing local infrastructure. Overall, their operations contribute to the sustainable growth and vitality of both the retirement plan's financial health and the surrounding community.
This information is meant to be a general summary of Kennett Exc Associates Inc C/O Aew Capital Management Lp. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: -$37,528,639
- Program Service Revenue: $2,567,180
- Gross Receipts: $21,366,423
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,567,180
Organization Details
Founding Year
1998
Phone
(617) 261-9000Principal Officer
Susan Bouchard
Main Address
TWO SEAPORT LANE, BOSTON, MA, 022102021
NTEE Category
Code: S47 - Community improvement
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