Kennedys Care Enterprise Inc
- Assets
- $957.3k
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 88
- Location
- Inkster, MI
- Founding
- 06/1997
- Data as of
- 09/2023
- EIN
- 38-2950017
Organization Overview
Kennedys Care Enterprise Inc is located in Inkster, MI. The organization was established in 1997. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 09/2023, Kennedys Care Enterprise Inc employed 88 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kennedys Care Enterprise Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Kennedys Care Enterprise Inc generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $3.8m during the year ending 09/2023. While expenses have increased by 12.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
KENNEDY'S CARE ENTERPRISE'S, INC. MISSION IS TO PROVIDE STRONG LEADERSHIP IN A COMPREHENSIVE SYSTEM, AND EXCELLENT RESIDENTIAL CARE SERVICES TO THE DEVELOPMENTALLY DISABLED AND MENTALLY ILL CLIENTS FROM SURROUNDING COMMUNITIES. KENNEDY'S CARE ENTERPRISE'S INC. EMPLOYEES WILL CONTINUE TO BE COMMITTED TO PROFESSIONISM AND SERVE OUR CLIENTS AND OTHER WITH COMPASSION, CARING, DIGNITY AND TO BE COOPERATIVE. OUR VISION WILL UNFOLD BY DELIVERING EXCELLENT SERVICES AND BY PROVIDING POSITIVE CHANGE IN THE LIVES OF OUR CUSTOMERS. THIS WILL RESULT IN THE CONTINUOUS PROCESS TO IMPROVE AND WILL INCREASE THE VALUE OF OUR SERVICE. AS KENNEDY'S CARE ENTERPRISE INC. STRIVES TO EXHIBIT THE HIGH QUALITY OF CARE AND SERVICES, WE WILL CONTINUE TO ACHIEVE. THE CHARACTER OF OUR PROGRAM AND ORGANIZATION ARE MEASURED ON THE INTEGRITY AND SATISFACTION OF THOSE WE SERVE WITHIN, THEREFORE, OUR MISSION AND VISION WILL GUIDE OUR ACTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING CARE & SERVICES FOR SEVEN GROUP HOMES SEVEN DAYS A WEEK 24 HOURS A DAY FOR DEVELOPMENTALLY DISABLED ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Naomi Kennedy CEO | OfficerTrustee | 40 | $240,484 |
Roslyn Reeves President | OfficerTrustee | 40 | $92,557 |
Tricia Edwards Secretary | OfficerTrustee | 1 | $0 |
Sylvia Charles Treasurer | OfficerTrustee | 1 | $0 |
Mattie Orr Chaplin | Trustee | 1 | $0 |
Kimberly Robinson Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,689,517 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,689,517 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,689,517 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $382,519 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,265,462 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $82,322 |
| Payroll taxes | $196,327 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,842 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $34,280 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $222,419 |
| Travel | $2,917 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,987 |
| Interest | $261 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,000 |
| Insurance | $161,741 |
| All other expenses | $35,356 |
| Total functional expenses | $3,825,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $791,838 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $104,192 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,878 |
| Net Land, buildings, and equipment | $48,377 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $957,285 |
| Accounts payable and accrued expenses | $7,822 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,447 |
| Total liabilities | $22,269 |
| Net assets without donor restrictions | $935,016 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $957,285 |