Nonprofit · EIN 22-2442034
KENNEDY PROPERTY CORP
Tax-exempt · PHILADELPHIA, PA 19107
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,566,580 | $1,404,074 | $162,506 | $15,669,205 | $1,008,398 | $14,660,807 |
| June 30, 2024 | 990 | $1,602,147 | $1,690,052 | -$87,905 | $15,460,004 | $961,703 | $14,498,301 |
| June 30, 2023 | 990 | $2,190,286 | $1,919,386 | $270,900 | $15,523,678 | $937,472 | $14,586,206 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,485,409
- Investment income
- $0
- Net rental income
- $81,171
- Other revenue
- $81,171
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,190
- Accounting fees
- $280
- Occupancy
- $353,692
- Travel
- $300
- Depreciation
- $293,900
- Program services (functional)
- $1,280,618
- Management and general (functional)
- $121,779
- Fundraising (functional)
- $1,677
Balance sheet and other
- Total assets, start of year
- $15,460,004
- Total assets, end of year
- $15,669,205
- Total liabilities, end of year
- $1,008,398
- Net assets, end of year
- $14,660,807
- Land, buildings and equipment
- $9,025,489
- Net assets without donor restrictions
- $14,660,807
- Gross receipts
- $2,074,162
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1982
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES HUYNH | VP FACILITIES MANAGEMENT Key employee | 55 | $0 | $408,923 | $22,296 |
| JOHN P SILVESTRI | CHAIRMAN - TRUSTEE Trustee or director, Officer | 5 | $0 | $0 | $0 |
| DANIEL J DALTON | VICE CHAIR - TRUSTEE Trustee or director, Officer | 5 | $0 | $0 | $0 |
| WILLIAM R BARKER | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| AARON CHANG FACHE | TRUSTEE Trustee or director | 55 | $0 | $0 | $0 |
| JOHN F DURANTE | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| BRUCE J PAPARONE | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| ALEXANDER D SHARNOFF ESQ | SECRETARY Officer | 55 | $0 | $0 | $0 |
| STEPHEN V DESTEFANO CPA | TREASURER Officer | 55 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES HUYNH | VP FACILITIES MANAGEMENT Key employee | 55 | $0 | $399,044 | $26,065 |
| JOHN P SILVESTRI | CHAIRMAN - TRUSTEE Trustee or director, Officer | 5 | $0 | $0 | $0 |
| DANIEL J DALTON | VICE CHAIR - TRUSTEE Trustee or director, Officer | 5 | $0 | $0 | $0 |
| WILLIAM R BARKER | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| JOHN F DURANTE | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| BRUCE J PAPARONE | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| ALEXANDER D SHARNOFF ESQ | SECRETARY Officer | 55 | $0 | $0 | $0 |
| STEPHEN V DESTEFANO CPA | TREASURER Officer | 55 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES HUYNH | VP FACILITIES MANAGEMENT Key employee | 55 | $0 | $353,827 | $50,885 |
| JOHN P SILVESTRI | CHAIRMAN - TRUSTEE Trustee or director, Officer | 5 | $0 | $0 | $0 |
| DANIEL J DALTON | VICE CHAIR - TRUSTEE Trustee or director, Officer | 5 | $0 | $0 | $0 |
| WILLIAM R BARKER | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| JOHN F DURANTE | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| BRUCE J PAPARONE | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| ALEXANDER D SHARNOFF ESQ | SECRETARY Officer | 55 | $0 | $0 | $0 |
| STEPHEN V DESTEFANO CPA | TREASURER Officer | 55 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1101 MARKET STREET SUITE 2004, PHILADELPHIA, PA 19107-2934
- In care of
- % RONALD C KELLER CPA
- Principal officer (990 for 2024)
- AARON CHANG FACHE, 1101 MARKET ST STE 2004, PHILADELPHIA, PA 19107
- Signed the 990
- MICHAEL HARRINGTON, EVP/CFO
- Phone
- (856) 661-5100
- Website
- WWW.JEFFERSONHEALTH.ORG
- Return prepared by
- WithumSmithBrown PC
Mission
THE ORGANIZATION PROVIDES REAL ESTATE AND PROPERTY MANAGEMENT SERVICES TO VARIOUS JEFFERSON HEALTH NEW JERSEY AFFILIATES.
Program accomplishments
- EXPENSES INCURRED IN PROVIDING REAL ESTATE AND PROPERTY MANAGEMENT SERVICES TO JEFFERSON HEALTH NEW JERSEY AFFILIATES.Expenses $1,280,618 · revenue $1,485,409
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2442034
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1983
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $15,669,205
- Income (IRS master file)
- $2,074,162
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,566,580 | $1,404,074 | $15,669,205 | IRS |
| 990 | June 2024 | $1,602,147 | $1,690,052 | $15,460,004 | IRS |
| 990 | June 2023 | $2,190,286 | $1,919,386 | $15,523,678 | IRS |
| 990 | June 2022 | $2,309,955 | $1,840,051 | $15,676,389 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2442034).
Questions about KENNEDY PROPERTY CORP
- What is the EIN of KENNEDY PROPERTY CORP?
- The employer identification number (EIN) of KENNEDY PROPERTY CORP is 22-2442034.
- Is KENNEDY PROPERTY CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to KENNEDY PROPERTY CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does KENNEDY PROPERTY CORP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KENNEDY PROPERTY CORP due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KENNEDY PROPERTY CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of KENNEDY PROPERTY CORP?
- The 990 for the year ended June 30, 2025 names AARON CHANG FACHE.
- Who are the officers and directors of KENNEDY PROPERTY CORP?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does KENNEDY PROPERTY CORP have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,566,580, expenses of $1,404,074 and total assets of $15,669,205 at year end.
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