Kennedy Management Inc
Donations deductibleRevenue
$2.8m
year to 31 December 2024
Expenses
$8.1m
year to 31 December 2024
Total assets
$144.8m
$151.1m liabilities
Net assets
Minus $6.3m
assets less liabilities
Directors and trustees
6
7.1y av
Staff
0
5 volunteers
Left since last filing
0
no seats appear to have opened
Officers and senior staff
14
named in Part VII
Kennedy Management Inc's network
6 people3 organisationsi6 people and 3 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (6). Violet dotted lines (18) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
6 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 7 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Elaine Derosa | President | 2018 | 8 yrs |
| Gerald J Clark | Treasurer | 2022 | 4 yrs |
| Louis Bacci III | Director | 2022 | 4 yrs |
| Michael J Johnston | Clerk | 2018 | 8 yrs |
| Susan T Connelly | Vice-President | 2018 | 8 yrs |
| Victoria Bergland | Director | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
14 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Brenda Snowden Downing | Deputy Executive Director | since 2018 |
| Clara Fraden | Director of Planning | 2024 |
| Goran Smiljic | Director of Construction | 2024 |
| Hannah Lodi | Director of Leased Housing | since 2018 |
| Hannah M Bolcome | Director of Leased Housing (Until 2/22) | 2022 |
| Joe Dimambro | Deputy Fiscal Director | since 2023 |
| John Filip | Chief Financial Officer | since 2018 |
| John Lindamood | Director of Resident Services | since 2023 |
| Kevin J Braga | Director of Operations | since 2022 |
| Margaret Donnelly-Moran | Director of Planning & Dev | since 2018 |
| Robert Kelsey | Director of Human Resources | 2024 |
| Shayla Simmons | General Counsel | 2024 |
| Susan Cohen | General Counsel | since 2018 |
| Susan Marie Nohl | Director of Leased Housing | 2024 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Michael J Johnston | Clerk | 1 | $0 | $270k | $85k |
| Elaine Derosa | President | 1 | $0 | ||
| Susan T Connelly | Vice-President | 1 | $0 | ||
| Gerald J Clark | Treasurer | 1 | $0 | ||
| Louis Bacci III | Director | 1 | $0 | ||
| Victoria Bergland | Director | 1 | $0 | ||
| Margaret Donnelly-Moran | Deputy Executive Director | 1 | $0 | $316k | $76k |
| John Filip | Chief Financial Officer | 1 | $0 | $267k | $73k |
| Brenda Snowden Downing | Deputy Executive Director | 1 | $0 | $263k | $83k |
| Joe Dimambro | Deputy Fiscal Director | 1 | $0 | $173k | $62k |
| Kevin J Braga | Director of Operations | 1 | $0 | $208k | $75k |
| John Lindamood | Director of Resident Servi | 1 | $0 | $191k | $61k |
| Clara Fraden | Director of Planning | 1 | $0 | $229k | $54k |
| Goran Smiljic | Director of Construction | 1 | $0 | $231k | $55k |
| Robert Kelsey | Director of Human Resources | 1 | $0 | $197k | $57k |
| Shayla Simmons | General Counsel | 1 | $0 | $188k | $70k |
| Susan Marie Nohl | Director of Leased Housing | 1 | $0 | $187k | $45k |
About
- Legal name
- Kennedy Management Inc
- EIN
- 043597428
- Address
- 362 Green St, Cambridge, MA, 02139-3306
- State
- Massachusetts
- 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. (as filed on the Form 990)
- Activity (NTEE)
- L20 Housing and shelter
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Housing & Shelter
- Size band
- 9 (IRS master file code)
- Formed
- 2001
- Principal officer
- John Filip (as named on the Form 990)
- IRS ruling date
- 1 June 2003
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- SOUNK (contributions deductible)
Most connected
Related organisations (Schedule R)
RelatedAFFORDABLE HOUSINGCambridge Affordable Housing CorpRelatedAFFORDABLE HOUSINGEssex Street Management IncRelatedEDUCATION AND EMPOWERMENTResident Services Empowerment Inc
Longest observed on the filings
≥8years on the filingsElaine Derosa
≥8years on the filingsMichael J Johnston
≥8years on the filingsSusan T Connelly
≥8years on the filingsVictoria Bergland
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $144.8m
- Total liabilities
- $151.1m
- Net assets or fund balances
- Minus $6.3m
- Contributions and grants received
- $0
- Program service revenue
- $2.8m
- Employees
- 0
- Volunteers
- 5
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $2.8m | $8.1m | Deficit $5.3m |
As filed on the IRS Form 990. US dollars.