THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
UNAUDITED CONSOLIDATING STATEMENT OF FINANCIAL POSITION - SUMMARY - CONTINUED
December 31, 2019 __________
Operation Pathways
All Real
Elimination
NHPF
Interstate
Estate Entities
Entries
Total
Liabilities: Accounts payable and accrued expenses
$
983,683
$
150,946 22,800
$
- - - - - - -
$
6,659,097 11,497,626 1,806,440 492,544,210 240,810,764 27,715,698
$
(410,849) (6,356,501)
$
7,382,877 14,640,327 1,806,440 550,598,966 99,907,530 13,958,230
Other liabilities
9,476,402
Tenants’ security deposits
- -
- - - - -
-
Mortgage notes payable and accrued interest
58,054,756
Notes and construction loans payable and accrued interest
4,476,622
(145,379,856) (14,100,321)
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:
Beginning net assets Transfers in (out)
114,277,620
(582,378)
749,547
58,214,985 1,518,654 84,691,538
(78,893,157) (3,626,286) (32,352,811)
93,766,617 (2,107,632) 52,338,727
- - -
- - -
- - -
Contributions (distributions), net of syndication costs
Change in equity
(178,833)
178,833
-
Excess of revenue over expenses (expenses over revenue)
(2,868,807)
593,776
(4,461)
(13,683,101)
2,860,314
(13,102,279)
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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