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Nonprofit · EIN 04-3597428

KENNEDY MANAGEMENT INC

Tax-exempt · CAMBRIDGE, MA 02139

Financials

$2.3M$3.5M2023$2.8M$8.1M2024
Revenue Expenses · by fiscal year end
Financials of KENNEDY MANAGEMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,770,598$8,051,052-$5,280,454$144,781,091$151,118,446-$6,337,355
December 31, 2023990$2,280,903$3,480,794-$1,199,891$49,338,914$50,345,815-$1,006,901
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,764,127
Investment income
$6,471
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$416,832
Salaries, compensation and benefits (total)
$503,611
Professional fundraising fees
$0
Legal fees
$12,510
Accounting fees
$102,366
Occupancy
$978,810
Depreciation
$1,176,700
Program services (functional)
$7,276,008
Management and general (functional)
$775,044

Balance sheet and other

Total assets, start of year
$49,338,914
Total assets, end of year
$144,781,091
Total liabilities, end of year
$151,118,446
Net assets, end of year
-$6,337,355
Land, buildings and equipment
$30,179,538
Net assets without donor restrictions
-$6,337,355
Gross receipts
$2,770,598
Employees
0
Volunteers
5
Year formed
2001
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARGARET DONNELLY-MORANDEPUTY EXECUTIVE DIRECTOR
Officer
1$0$316,112$75,774
MICHAEL J JOHNSTONCLERK
Trustee or director, Officer
1$0$269,931$84,744
BRENDA SNOWDEN DOWNINGDEPUTY EXECUTIVE DIRECTOR
Officer
1$0$262,769$83,048
JOHN FILIPCHIEF FINANCIAL OFFICER
Officer
1$0$266,709$72,614
GORAN SMILJICDIRECTOR OF CONSTRUCTION
Highest-paid employee
1$0$230,591$54,581
CLARA FRADENDIRECTOR OF PLANNING
Highest-paid employee
1$0$228,752$54,438
KEVIN J BRAGADIRECTOR OF OPERATIONS
Officer
1$0$207,853$75,026
SHAYLA SIMMONSGENERAL COUNSEL
Highest-paid employee
1$0$187,958$70,317
ROBERT KELSEYDIRECTOR OF HUMAN RESOURCES
Highest-paid employee
1$0$196,627$56,874
JOHN LINDAMOODDIRECTOR OF RESIDENT SERVI
Officer
1$0$191,249$61,306
JOE DIMAMBRODEPUTY FISCAL DIRECTOR
Officer
1$0$173,347$61,882
SUSAN MARIE NOHLDIRECTOR OF LEASED HOUSING
Highest-paid employee
1$0$187,416$45,311
ELAINE DEROSAPRESIDENT
Trustee or director, Officer
1$0$0$0
SUSAN T CONNELLYVICE-PRESIDENT
Trustee or director
1$0$0$0
GERALD J CLARKTREASURER
Trustee or director, Officer
1$0$0$0
2 more people on this return
NameTitleHours / weekCompensation
LOUIS BACCI IIIDIRECTOR
Trustee or director, Officer
1$0
VICTORIA BERGLANDDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL J JOHNSTONCLERK
Trustee or director, Officer
1$0$264,682$84,196
MARGARET DONNELLY-MORANDEPUTY EXECUTIVE DIRECTOR OF DEV.
Officer
1$0$271,063$57,213
BRENDA SNOWDEN DOWNINGDEPUTY EXECUTIVE DIRECTOR
Officer
1$0$249,000$79,192
JOHN FILIPCHIEF FINANCIAL OFFICER
Officer
1$0$244,764$63,571
KEVIN J BRAGADIRECTOR OF OPERATIONS
Officer
1$0$205,595$74,320
JOHN LINDAMOODDIRECTOR OF RESIDENT SERVICES
Officer
1$0$184,417$59,203
JOE DIMAMBRODEPUTY FISCAL DIRECTOR
Officer
1$0$158,844$58,960
ELAINE DEROSAPRESIDENT
Trustee or director, Officer
1$0$0$0
LOUIS BACCI IIIVICE PRESIDENT
Trustee or director, Officer
1$0$0$0
GERALD J CLARKTREASURER
Trustee or director, Officer
1$0$0$0
VICTORIA BERGLANDDIRECTOR
Trustee or director
1$0$0$0
SUSAN T CONNELLYDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
362 GREEN ST, CAMBRIDGE, MA 02139-3306
In care of
% CAMBRIDGE HOUSING AUTHORITY
Principal officer (990 for 2024)
JOHN FILIP, 362 GREEN STREET, CAMBRIDGE, MA 02139
Signed the 990
JOHN FILIP, CFO
Phone
(617) 520-6387
Return prepared by
CLIFTONLARSONALLEN LLP

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.

990 for the year ended December 31, 2024

Program accomplishments

  • AFFORDABLE HOUSING - MANAGEMENT AND SUPPORTING SERVICES FOR RELATED ORGANIZATIONS WHICH OWN AND OPERATE HOUSING FOR LOW AND MODERATE INCOME PERSONS.
    Expenses $7,276,008 · revenue $2,764,127

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-3597428
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$144,781,091
Income (IRS master file)
$2,770,598

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,770,598$8,051,052$144,781,091XML
990December 2023$2,280,903$3,480,794$49,338,914XML
990December 2022$2,999,889$3,634,170$39,424,800IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3597428).

Questions about KENNEDY MANAGEMENT INC

What is the EIN of KENNEDY MANAGEMENT INC?
The employer identification number (EIN) of KENNEDY MANAGEMENT INC is 04-3597428.
Is KENNEDY MANAGEMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to KENNEDY MANAGEMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does KENNEDY MANAGEMENT INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KENNEDY MANAGEMENT INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KENNEDY MANAGEMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of KENNEDY MANAGEMENT INC?
The 990 for the year ended December 31, 2024 names JOHN FILIP.
Who are the officers and directors of KENNEDY MANAGEMENT INC?
The 990 for the year ended December 31, 2024 lists 17 people; 0 received compensation from the organization.
How much revenue does KENNEDY MANAGEMENT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,770,598, expenses of $8,051,052 and total assets of $144,781,091 at year end.

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