2025-05-13T15:25:44-05:00 2024-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-07-01 042519028 KENNEDY-DONOVAN CENTER INC KENN 5087721200 ONE COMMERCIAL STREET FOXBORO MA 02035 CHARLES A MARSHALL JR CFO 5087721200 2025-05-13 1 1 CAITLIN LIMOGES CPA P01633588 5083669100 2025-05-13 2023 2025-03-06 01:10:19Z LISA MORGAN ONE COMMERCIAL STREET FOXBORO MA 02035 46760717 0 X WWW.KDC.ORG X 1969 MA AN ORGANIZATION THAT SUPPORTS PEOPLE WITH DEVELOPMENTAL DELAYS, DISABILITIES AND FAMILY CHALLENGES. 14 14 477 33 0 0 2356832 17733718 29349430 17317292 101488 347496 -16345 -59001 31791405 35339505 0 0 0 0 19974933 22015139 0 0 388167 12097997 12000138 32072930 34015277 -281525 1324228 25799665 25677025 12750816 11213160 13048849 14463865 AN ORGANIZATION THAT SUPPORTS PEOPLE WITH DEVELOPMENTAL DELAYS, DISABILITIES AND FAMILY CHALLENGES. 0 0 14865422 14566924 CHILDREN'S CLINICAL SERVICES - SERVICES INCLUDE EARLY INTERVENTIONS AND KDC THERAPIES. EARLY INTERVENTION COORDINATES HOME VISITING AND GROUP SERVICES TO FAMILIES WITH CHILDREN BIRTH TO THREE YEARS OF AGE WHO ARE FACING DEVELOPMENT DELAYS, CERTAIN DIAGNOSED CONDITIONS, OR WHOSE CIRCUMSTANCES PUT THEM AT RISK FOR DEVELOPMENTAL DELAYS. IN FY24, THE CAPE COD AND SOUTHBRIDGE LOCATIONS BENEFITED FROM NEW PLAYGROUNDS CREATING MORE ENGAGING ENVIRONMENTS FOR CHILDREN RECEIVING EARLY INTERVENTION SERVICES. 11580102 2794528 COMMUNITY DEVELOPMENTAL SERVICES - SERVICES INCLUDE ADULT FOSTER CARE, DAY HABILITATION, FAMILY SUPPORT CENTER, SHARED LIVING, RESPITE SERVICES, AND INDIVIDUAL SUPPORT. IN FY24, SHARED LIVING WAS AWARDED THE RFR, ALLOWING KENNEDY-DONOVAN CENTER TO PROVIDE THESE SERVICES FOR ANOTHER 10 YEARS WHILE ALSO RECEIVING A RATE INCREASE OF 18%. SHARED LIVING AND INDIVIDUAL SUPPORTS WENT THROUGH DDS LICENSURE AND SCORED 96% AND 100% RESPECTFULLY. ADULT FOSTER COSTER AND DAY HABILITATION SUCCESSFULLY RENEWED CARF ACCREDITATION FOR THREE MORE YEARS. 3660323 740 FAMILY SERVICES - SERVICES INCLUDE SUPPORT AND STABILIZATION, LIVES IN FORWARD TRANSITION, SAFE RELEASE, EMERGENCY SHELTER, HOME STUDY POST RELEASE, INDEPENDENT LIVING AND INTENSIVE FOSTER CARE. OVERALL, FAMILY SERVICES PROVIDES ESSENTIAL SERVICES TO MORE THAN 13,000 INDIVIDUALS AND THEIR FAMILIES EACH YEAR. 30105847 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 178 0 1 477 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X CHARLES A MARSHALL JR 5087721200 ONE COMMERCIAL STREET FOXBORO MA 02035 BRADFORD PINEAULT CHAIR 2.00 X X 0 0 0 RENEE CLARK VICE CHAIR 2.00 X X 0 0 0 REBECCA MARCOUX TREASURER 2.00 X X 0 0 0 JEFFREY KOBS CLERK 2.00 X X 0 0 0 ANASTASIA BERGMANN DIRECTOR 2.00 X 0 0 0 ANTHONY KARAMAS DIRECTOR 2.00 X 0 0 0 DEBORAH FELIX DIRECTOR 2.00 X 0 0 0 JEREMY LOUISE DIRECTOR 2.00 X 0 0 0 REGGIE ROLLES DIRECTOR 2.00 X 0 0 0 KATE STANSKY DIRECTOR 2.00 X 0 0 0 KIM LOVENDALE DIRECTOR 2.00 X 0 0 0 SALLY FOGERTY DIRECTOR 2.00 X 0 0 0 LINDA CATALDO DIRECTOR 2.00 X 0 0 0 SUZANNE RIBERO-BALASSONE DIRECTOR 2.00 X 0 0 0 LISA MORGAN PRESIDENT AND CEO 40.00 X 210926 0 26856 GLEN MATTERA VICE PRESIDENT AND CFO (UNTIL 1/24) 40.00 X 190388 0 29490 CHARLES MARSHALL CFO (AS OF 1/24) 40.00 X 0 0 0 AMANDA PERKINS VP,DEVT AND MKTG(TIL 12/23)/GRANTS OFF. 40.00 X 134570 0 9463 SUSAN CINA VICE PRESIDENT OF PEOPLE & CULTURE 40.00 X 124855 0 12354 SUSAN HOMAN VP, CHILDREN CLINICAL SERV. (UNTIL 9/23) 40.00 X 120040 0 7218 MARCIA GALAVOTTI VP, COMMUNITY & FAMILY SERVICES 40.00 X 115354 0 6934 JILL MILNE CONTROLLER 40.00 X 110415 0 2777 1006548 0 95092 9 0 1 0 SYNERGY TECHNICAL LLC 2201 WEST BROAD ST SUITE 100 RICHMOND VA 23220 IT SOFTWARE SERVICES 216272 ADVANCE AIR & HEAT CO INC 177 BULLOCK ROAD EAST FREETOWN MA 02717 HVAC 186093 CBIZ MHM LLC 500 BOYLSTON STREET BOSTON MA 02116 AUDIT SERVICES 125010 VISTA STRATEGIC ADVISORS LLC 1130 HOMEWOOD BLVD F201 DELRAY BEACH FL 33445 IT MANAGEMENT 100800 4 173833 17224414 335471 17733718 THIRD PARTY INSURANCE 524292 10610744 10610744 MEDICAID PAYMENTS 524114 6012028 6012028 CLIENT FEES 624100 694520 694520 17317292 251403 251403 94815 203583 -108768 -108768 -108768 11258267 11882 11166174 7882 92093 4000 96093 96093 48440 173833 43573 4867 4867 MISCELLANEOUS 900099 44900 44900 44900 35339505 17362192 0 243595 X 480034 227578 237097 15359 17902131 15953786 1733251 215094 130555 130259 157 139 1815298 1602858 189575 22865 1687121 1489348 178111 19662 91631 103 90085 1443 16308 16308 128500 128500 18471 18471 5752076 5747688 4388 152990 120421 30200 2369 261604 132180 110145 19279 1270265 801525 451721 17019 1422123 1327758 56555 37810 675403 669685 5478 240 214445 76023 125880 12542 856570 745636 95789 15145 PROGRAM SUPPLIES 979858 967890 11262 706 MISCELLANEOUS 86623 47251 37231 2141 VEHICLES AND RELATED 70425 65858 1059 3508 FUNDRAISING EXPENSES 2846 2846 34015277 30105847 3521263 388167 1259270 344160 605467 6201831 1273507 2992276 2353000 135825 257816 22930609 9011694 13962628 13918915 6374925 574144 673691 549235 25799665 25677025 2557686 2674058 1120762 2363906 2250769 5940713 3815728 767749 2472605 12750816 11213160 X 12503748 13966122 545101 497743 13048849 14463865 25799665 25677025 1324228 90788 0 X X 0 1 X 1 0 X 375742 2506657 7311415 2356832 17733718 30284364 38559046 30387751 28878404 29349430 17457007 144631638 48440 48440 38934788 32894408 36189819 31706262 35239165 174964442 23325 23325 0 23325 23325 174941117 2540 421 1554 7797 346218 358530 2540 421 1554 7797 346218 358530 38937328 32894829 36191373 31714059 35585383 175322972 0.99780 0.99990 0.00200 0.00010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1955748 1955748 14694574 5929479 8765095 4470894 2044720 2426174 1035461 649466 385995 773932 388029 385903 13918915 OPERATING LEASE LIABILITY 631033 FINANCE LEASE LIABILITY 1841572 2472605 X 35658978 90788 90788 35568190 18471 -247156 -228685 35339505 34243962 247156 247156 33996806 18471 18471 34015277 PART X, LINE 2: KDC ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. KDC HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2024. KDC'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -43,573. RENTAL EXPENSES -203,583. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 43,573. RENTAL EXPENSES 203,583. GALA 204790 162505 42285 10848 17701 6730 5775 COMEDY SHOW 17483 11328 6155 350 572 1000 597 222273 173833 48440 11198 18273 7730 6372 43573 4867 X X X X X 0 0 0 0 0 0 0 0 0 LISA MORGAN PRESIDENT AND CEO 210926 0 0 0 0 0 19910 0 6946 0 237782 0 0 0 GLEN MATTERA VICE PRESIDENT AND CFO (UNTIL 1/24) 189638 0 750 0 0 0 28800 0 690 0 219878 0 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2010-01-26 5500000 REFINANCE EXISTING REAL ESTATE AND NEW CONSTRUCTION 0 0 0 A 3249231 5500000 161666 5338334 2012 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 1 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 01/31/2020 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE COMPLETED FORM 990 INCLUDING ALL SCHEDULES AND ATTACHMENTS IS PRESENTED TO THE ORGANIZATION'S FINANCE COMMITTEE. ANY CHANGES REQUIRED BASED ON THE FINANCE COMMITTEE'S REVIEW ARE MADE, AND A REVISED DRAFT IS DISTRIBUTED FOR APPROVAL. UPON APPROVAL BY THE FINANCE COMMITTEE, THE FORM 990 IS PROVIDED TO THE FULL BOARD FOR REVIEW. THE PRESIDENT, CEO OR CFO OF THE ORGANIZATION IS THEN AUTHORIZED TO SIGN AND FILE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A DISCLOSURE STATEMENT THAT INCLUDES THE AGENCY'S CONFLICT OF INTEREST POLICY. THE STATEMENT REQUIRES BOARD MEMBERS TO DISCLOSE ANY DIRECT OR INDIRECT DEALINGS WITH THE AGENCY. THE FORMS ARE REVIEWED BY THE PRESIDENT AND CEO. IF A POTENTIAL CONFLICT IS FOUND TO EXIST, THE PRESIDENT & CFO REVIEW THE CONFLICT WITH THAT INDIVIDUAL AND THE INDIVIDUAL IS PROHIBITED FROM TAKING PART IN THE DELIBERATION OR DECISIONS REGARDING THE CONFLICTING MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE CEO/PRESIDENT AND OTHER OFFICERS IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE CONSIDERS COMPARATIVE DATA OF SIMILAR POSITIONS IN COMPARABLY SIZED AGENCIES IN THE REGION. THE MINUTES OF THE MEETINGS OF THE EXECUTIVE COMMITTEE REFLECT THE DECISION. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY REVIEWS THE CEO/PRESIDENT'S COMPENSATION WITH ASSISTANCE OF PEER ANALYSIS WHO PERFORM AND ANNUAL NON-PROFIT WORKFORCE COMPENSATION AND BENEFITS REPORT FOLLOWING KDC'S EXECUTIVE COMPENSATION POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE AGENCY MAINTAINS A ROBUST WEBSITE WHICH PROVIDES INTERESTED PARTIES ACCESS TO THE AGENCY FINANCIAL STATEMENTS AND FORM 990. THE AGENCY ALSO SUBMITS FINANCIAL AND GOVERNANCE INFORMATION TO CLEARINGHOUSE ORGANIZATIONS WHICH ARE READILY AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART IX, LINE 11G OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 101,586. MANAGEMENT AND GENERAL EXPENSES 4,388. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 105,974. CAREGIVER AND RELIEF SERVICES: PROGRAM SERVICE EXPENSES 5,646,102. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,646,102. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.