THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
CONSOLIDATING STATEMENT OF FINANCIAL POSITION - CONTINUED
December 31, 2019 __________
The NHP Foundation
Operation Pathways
All Real Estate
Consolidated Eliminations
Interstate
Entities
Total
Liabilities: Accounts payable and accrued expenses
$
983,683
$
150,946 22,800
$
- - - - - - -
$
6,659,097 11,497,626 1,806,440 492,544,210
$
(410,849) (6,356,501)
$
7,382,877 14,640,327 1,806,440 550,598,966
Other liabilities
9,476,402
Tenants’ security deposits
- -
- -
-
Mortgage notes payable and accrued interest Notes and construction loans payable and accrued interest
58,054,756
4,476,622
- - -
240,810,764 27,715,698
(145,379,856) (14,100,321)
99,907,530 13,958,230
Accounts payable - affiliates Asset management fees payable
342,853
-
167,957
(15,000)
152,957
Total liabilities
15,279,560
173,746
-
781,201,792
(108,207,771)
688,447,327
Net assets: Without donor restrictions - controlling Without donor restrictions - noncontrolling
111,408,813
(41,125)
745,086
49,033,756 81,529,487
(111,833,107)
49,313,423 81,529,487
-
-
-
-
Total net assets without donor restrictions
111,408,813
(41,125)
745,086
130,563,243
(111,833,107)
130,842,910
Net assets with donor restrictions
-
52,523
-
-
-
52,523
Total net assets
111,408,813
11,398
745,086
130,563,243
(111,833,107)
130,895,433
Total liabilities and net assets
$
126,688,373
$
185,144
$
745,086
$
911,765,035
$
(220,040,878)
$
819,342,760
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