KENNEDY MANAGEMENT INC C/O CAMBRIDGE HOUSING AUTHORITY

EIN: 043597428 501(c)(3) Housing & Shelter

CAMBRIDGE, MA

Total Revenue
$2,280,903
Total Expenses
$3,480,794
Total Assets
$49,338,914
Net Assets
$-1,006,901
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
MA
Principal Officer
JOHN FILIP
Phone
6175206387
Tax Period
2023-01-01 to 2023-12-31

KENNEDY MANAGEMENT INC C/O CAMBRIDGE HOUSING AUTHORITY, founded in 2001, is a community nonprofit in the Housing & Shelter sector that reported $2.3M in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $3.5M exceeded revenue, resulting in a 53% operating deficit.

Mission

TO PROVIDE MANAGEMENT AND SUPPORTING SERVICES FOR RELATED LOW-INCOME HOUSING ORGANIZATIONS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,275,526
Investment Income $5,377
Other Revenue $0
TOTAL REVENUE $2,280,903

Expense Breakdown

Grants Paid $0
Salaries & Benefits $481,838
Fundraising Expenses $0
Program Expenses $2,771,527
Other Expenses $2,998,956
TOTAL EXPENSES $3,480,794

Year-over-Year Comparison

2023 2022 Change
Revenue $2,280,903 $2,999,889 -0.2%
Expenses $3,480,794 $3,634,170 0.0%
Net Income $-1,199,891 $-634,281 +0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
5
Employees
N/A
Volunteers
5

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$2,055,020
Total Directors
6
$348,878
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL J JOHNSTON CLERK 1.00
Officer Director
$0 $84,196 $348,878
ELAINE DEROSA PRESIDENT 1.00
Officer Director
$0 $0 $0
LOUIS BACCI III VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
GERALD J CLARK TREASURER 1.00
Officer Director
$0 $0 $0
VICTORIA BERGLAND DIRECTOR 1.00
Director
$0 $0 $0
SUSAN T CONNELLY DIRECTOR 1.00
Director
$0 $0 $0
BRENDA SNOWDEN DOWNING DEPUTY EXECUTIVE DIRECTOR 1.00
Officer
$0 $79,192 $328,192
JOE DIMAMBRO DEPUTY FISCAL DIRECTOR 1.00
Officer
$0 $58,960 $217,804
MARGARET DONNELLY-MORAN DEPUTY EXECUTIVE DIRECTOR OF DEV. 1.00
Officer
$0 $57,213 $328,276
JOHN FILIP CHIEF FINANCIAL OFFICER 1.00
Officer
$0 $63,571 $308,335
KEVIN J BRAGA DIRECTOR OF OPERATIONS 1.00
Officer
$0 $74,320 $279,915
JOHN LINDAMOOD DIRECTOR OF RESIDENT SERVICES 1.00
Officer
$0 $59,203 $243,620
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,280,903 $3,480,794 $49,338,914 $-1,199,891
2022 $2,999,889 $3,634,170 $39,424,800 $-634,281
2021 $2,721,768 $2,030,636 $28,227,621 $691,132
2020 $957,505 $1,634,128 $17,284,854 $-676,623
2019 $987,945 $1,617,934 $17,877,756 $-629,989
2018 $1,159,469 $1,526,086 $18,479,726 $-366,617
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare KENNEDY MANAGEMENT INC C/O CAMBRIDGE HOUSING AUTHORITY with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.