2026-01-13T15:07:24-06:00 2025-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2024-07-01 042519028 KENNEDY-DONOVAN CENTER INC KENN 5087721200 ONE COMMERCIAL STREET FOXBORO MA 02035 CHARLES A MARSHALL JR CFO 5087721200 2026-01-13 1 1 CAITLIN LIMOGES CPA P01633588 5083669100 2026-01-13 2024 2025-03-06 01:10:19Z LISA MORGAN ONE COMMERCIAL STREET FOXBORO MA 02035 42110831 0 X WWW.KDC.ORG X 1969 MA WE EMPOWER AND SUPPORT PEOPLE TO REALIZE THEIR FULL POTENTIAL. WE ENVISION A WORLD WHERE EVERY INDIVIDUAL AND FAMILY THRIVES, NO MATTER THE CIRCUMSTANCES. 13 13 460 22 0 0 17733718 18849970 17317292 20382609 347496 192763 -59001 -80546 35339505 39344796 0 0 0 0 22015139 23769323 0 0 316762 12000138 12508460 34015277 36277783 1324228 3067013 25677025 29187070 11213160 11179607 14463865 18007463 WE EMPOWER AND SUPPORT PEOPLE TO REALIZE THEIR FULL POTENTIAL. WE ENVISION A WORLD WHERE EVERY INDIVIDUAL AND FAMILY THRIVES, NO MATTER THE CIRCUMSTANCES. 0 0 14950807 17811597 CHILDREN'S CLINICAL SERVICES - SERVICES INCLUDE EARLY INTERVENTION AND KDC THERAPIES. EARLY INTERVENTION COORDINATES COMMUNITY AND HOME-BASED SERVICES AS WELL AS GROUP SERVICES TO FAMILIES WITH CHILDREN BIRTH TO THREE YEARS OF AGE WHO ARE FACING DEVELOPMENTAL DELAYS, CERTAIN DIAGNOSED CONDITIONS, OR WHOSE CIRCUMSTANCES PUT THEM AT RISK FOR DEVELOPMENTAL DELAYS. 12284380 2590180 COMMUNITY DEVELOPMENTAL SERVICES - SERVICES INCLUDE SHARED LIVING, DAY HABILITATION, FAMILY SUPPORT CENTER, COMMUNITY BASED DAY SUPPORT, RESPITE SERVICES, INDIVIDUAL SUPPORT, AND ADULT FOSTER CARE. 4057849 FAMILY SERVICES - SERVICES INCLUDE SUPPORT AND STABILIZATION, INDEPENDENT LIVING, EMERGENCY SHELTER, INTENSIVE FOSTER CARE, LIVES IN FORWARD TRANSITION, HOME STUDY POST RELEASE, AND SAFE RELEASE. 31293036 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 1 0 0 0 0 0 0 0 0 1 211 0 1 460 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 13 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 DEBORAH FELIX 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 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 MARGARET MOOD DIRECTOR 2.00 X 0 0 0 LISA MORGAN PRESIDENT AND CEO 40.00 X 252102 0 27163 CHARLES MARSHALL CFO 40.00 X 201097 0 15600 SUSAN CINA VICE PRESIDENT OF PEOPLE & CULTURE 40.00 X 148852 0 18365 MARCIA GALAVOTTI VICE PRESIDENT OF OPERATIONS 40.00 X 136487 0 17562 BRIAN KEARSLEY VP OF STRATEGY & DEVELOPMENT 40.00 X 124560 0 10361 JILL MILNE CONTROLLER 40.00 X 113888 0 3605 AMBER BETTENCOURT REVENUE MANAGER 40.00 X 102355 0 12898 1079341 0 105554 8 0 1 0 ADVANCE AIR & HEAT CO INC 177 BULLOCK ROAD EAST FREETOWN MA 02717 HVAC 423394 SYNERGY TECHNICAL LLC 2201 WEST BROAD ST SUITE 100 RICHMOND VA 23220 IT SOFTWARE SERVICES 355708 PROBUILT DESIGN LLC 875 PLAIN ST MARSHFIELD MA 02050 GENERAL CONTRACTORS 120500 VISTA STRATEGIC ADVISORS LLC 1130 HOMEWOOD BLVD F201 DELRAY BEACH FL 33445 IT SOFTWARE SERVICES 102000 AAFCPAS INC 50 WASHINGTON ST WESTBOROUGH MA 01581 AUDIT SERVICES 101276 5 110860 18469270 269840 58728 18849970 THIRD PARTY INSURANCE 524292 13630686 13630686 MEDICAID PAYMENTS 524114 6077135 6077135 CLIENT FEES 624100 674788 674788 20382609 176149 176149 68948 168505 -99557 -99557 -99557 2582220 2565606 16614 16614 16614 31767 110860 31924 -157 -157 MISCELLANEOUS 900099 19168 19168 19168 39344796 20401777 0 93049 X 458062 152889 296011 9162 19210240 16950689 2086983 172568 172745 168564 977 3204 2222696 1936486 244463 41747 1705580 1316104 375545 13931 137823 10239 127584 3396 3396 123125 123125 33375 33375 5993111 5984363 8748 181739 92932 86079 2728 203221 132989 64433 5799 1146072 645346 485171 15555 1496338 1212881 264945 18512 725322 718783 5952 587 278406 96068 179436 2902 888650 726886 151333 10431 PROGRAM SUPPLIES 1057619 1025868 17464 14287 MISCELLANEOUS 168150 58319 107300 2531 VEHICLES AND RELATED 66942 61713 4876 353 FUNDRAISING EXPENSES 5171 1917 789 2465 36277783 31293036 4667985 316762 344160 1343295 605467 4015207 1273507 1259154 2353000 2873526 257816 324464 23140888 9900344 13918915 13240544 6374925 5694438 549235 436442 25677025 29187070 2674058 3226576 2250769 2046155 3815728 3622263 2472605 2284613 11213160 11179607 X 13966122 17503535 497743 503928 14463865 18007463 25677025 29187070 3067013 476585 0 X X 0 1 X 1 0 X 2506657 7311415 2356832 17733718 18849970 48758592 2506657 7311415 2356832 17733718 18849970 48758592 48758592 33683 31163 37834 346218 245097 693995 49452587 126703099 0.98600 0.98420 X 0.99780 0.00200 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1955748 1955748 14694574 6299056 8395518 4952953 2406026 2546927 1043005 764725 278280 494608 430537 64071 13240544 OPERATING LEASE LIABILITIES 504140 FINANCE LEASE LIABILITIES 1780473 2284613 X 39988435 476585 476585 39511850 33375 -200429 -167054 39344796 36444837 200429 200429 36244408 33375 33375 36277783 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, 2025. KDC'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -31,924. RENTAL EXPENSES -168,505. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 31,924. RENTAL EXPENSES 168,505. NIGHT OF IMPACT 135382 105247 30135 16810 10670 2599 COMEDY SHOW 7245 5613 1632 400 248 800 397 142627 110860 31767 400 17058 11470 2996 31924 -157 X X X X X 0 0 0 0 0 0 0 0 0 LISA MORGAN PRESIDENT AND CEO 251252 0 850 0 0 0 19400 0 7763 0 279265 0 0 0 CHARLES MARSHALL CFO 200247 0 850 0 0 0 15000 0 600 0 216697 0 0 0 SUSAN CINA VICE PRESIDENT OF PEOPLE & CULTURE 148002 0 850 0 0 0 10140 0 8225 0 167217 0 0 0 MARCIA GALAVOTTI VICE PRESIDENT OF OPERATIONS 135637 0 850 0 0 0 9808 0 7754 0 154049 0 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2010-01-26 5500000 REFINANCE EXISTING REAL ESTATE AND NEW CONSTRUCTION 0 0 0 A 3453845 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 X ROOF 1 35000 VALUE OF ITEM WAS PR X PLAYHOUSE 3 15000 VALUE OF ITEM WAS PR X NIGHT STAY 5 2277 VALUE OF ITEM WAS PR X SUNGLASSES 20 1600 VALUE OF ITEM WAS PR X TICKETS 7 1108 VALUE OF ITEM WAS PR X LUGGAGE 9 950 VALUE OF ITEM WAS PR X SIGNED ITEMS 5 950 VALUE OF ITEM WAS PR X ADMISSION PASSES 4 578 VALUE OF ITEM WAS PR X NECKLACE 1 500 VALUE OF ITEM WAS PR X TRAVEL SET 10 330 VALUE OF ITEM WAS PR X GIFT CARDS 4 325 VALUE OF ITEM WAS PR X GROUP GOLF 1 100 VALUE OF ITEM WAS PR X PERFUME ATOMIZERS 1 10 VALUE OF ITEM WAS PR 0 0 0 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 IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. ON AN ANNUAL BASIS, THE EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION OF THE CEO/PRESIDENT UTILIZING SIMILAR POSITIONS OF COMPARABLE ORGANIZATIONS IN THE REGION AS WELL AS WITH THE ASSISTIANCE OF PEER ANALYSIS WHO PERFORM AN ANNUAL NON-PROFIT WORKFORCE COMPENSATION AND BENEFITS REPORT FOLLOWING KDC'S EXECUTIVE COMPENSATION POLICY. THE MINUTES OF THE MEETINGS OF THE EXECUTIVE COMMITTEE REFLECT THE DECISION. THE COMPENSATION OF KEY EMPLOYEES AND OFFICERS, OTHER THAN THE CEO/PRESIDENT, IS DETERMINED BY THE CEO/PRESIDENT USING COMPARATIVE DATA OF SIMILAR POSITION POSITIONS IN COMPARABLE SIZED AGENCIES IN THE REGION. 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 135,907. MANAGEMENT AND GENERAL EXPENSES 8,748. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 144,655. CAREGIVER AND RELIEF SERVICES: PROGRAM SERVICE EXPENSES 5,848,456. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,848,456. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.