Public Charity

KENNEDY MANAGEMENT INC C/O CAMBRIDGE HOUSING AUTHORITY

Based in CAMBRIDGE, MA, KENNEDY MANAGEMENT INC C/O CAMBRIDGE HOUSING AUTHORITY operates as a Public Charity. The organization reported $2.8M in revenue, $8.1M in expenses, $144.8M in total assets for fiscal year 2024.

EIN: 043597428 CAMBRIDGE, MA Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$2.8M
Total Expenses$8.1M
Total Assets$144.8M
Grant Records0
Filing Years2019–2024

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.

Where $100 goes at Kennedy Management Inc C/O Cambridge Housing Authority

How Kennedy Management Inc C/O Cambridge Housing Authority divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$86 Programs the work itself
$14 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $86 for programs

$86
Affordable housing
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DEPUTY EXECUTIVE DIRECTOR Brenda Snowden Downing
DIRECTOR OF PLANNING Clara Fraden
PRESIDENT Elaine Derosa
TREASURER Gerald J Clark
DIRECTOR OF CONSTRUCTION Goran Smiljic
DEPUTY FISCAL DIRECTOR Joe Dimambro

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $2.8M $8.1M $144.8M
2023 $2.3M $3.5M $49.3M
2022 $3.0M $3.6M $39.4M
2020 $958K $1.6M $17.3M
2019 $988K $1.6M $17.9M

Between 2019 and 2024, reported annual revenue grew from $988K to $2.8M (+180%), with total assets most recently reported at $144.8M.

Interactive year-over-year charts and full filing details available with membership.

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