THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
CONSOLIDATING STATEMENT OF ACTIVITIES
Year ended December 31, 2019 __________
Without Donor Restrictions
With Donor Restrictions
The NHP Foundation
Operation Pathways
All Real Estate Entities
Operation Pathways
Consolidation Eliminations
Total
Total
Total
Interstate
Public support and operating revenue: Rent revenue
$
-
$
-
$
- - -
$
72,610,616
$
72,610,616 3,984,140 7,683,865 2,029,037 (1,280,507) 4,705,142 5,011,950
$
- -
$
- -
$
-
$
72,610,616 3,723,910 2,152,366
Developer fee revenue Contributions and grants
3,982,002 4,712,029
2,138
-
(260,230) (5,542,999) (1,576,900) 1,410,140 (3,526,574)
846,481 887,161
2,125,355
11,500
11,500
Management fees
460,162
60,688
621,026
- - - -
- - - -
452,137 129,633
Other income (losses) in housing funds
(918,935) 1,081,152 2,594,845
- -
- -
(361,572) 3,623,990 1,915,236
Interest revenue Other revenue
1,178,568 4,945,283
500,755
1,114
(66,667)
11,911,255
2,236,535
61,802
80,534,651
94,744,243
11,500
11,500
(9,563,230)
85,192,513
Net assets released from restrictions
-
10,101
-
-
10,101.00
(10,101)
(10,101)
-
-
Total public support and operating revenue
11,911,255
2,246,636
61,802
80,534,651
94,754,344
1,399
1,399
(9,563,230)
85,192,513
Expenses: Program services: Rental operations
-
- - - -
- -
84,778,339
84,778,339 5,038,096 1,935,356
- - - - -
- - - - -
(8,345,985)
76,432,354 5,038,096 1,935,356
Acquisition and development
5,038,096 1,880,117
- - - -
- - - -
Asset management
55,239
External affairs
299,603
- -
299,603
299,603
Operation Pathways
(343)
1,218,476
1,218,133
1,218,133
Supporting services: Management and general
6,876,560
354,704 81,079
11,024
9,439,413
16,681,701
- -
- -
(4,077,559)
12,604,142
Fundraising services
696,342
-
-
777,421
-
777,421
Total expenses
14,790,375
1,654,259
66,263
94,217,752
110,728,649
-
-
(12,423,544)
98,305,105
Excess of revenue over expenses (expenses over revenue) before other revenue (expense)
(2,879,120)
592,377
(4,461)
(13,683,101)
(15,974,305)
1,399
1,399
2,860,314
(13,112,592)
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