THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
UNAUDITED CONSOLIDATING STATEMENT OF ACTIVITIES – SUMMARY - CONTINUED
Year ended December 31, 2019 __________
Operation Pathways
Real Estates
Elimination
NHPF
Interstate
Entities
Entries
Total
Salaries and benefits
8,273,503
973,793
- - - - - - - - - -
10,158,025 11,393,969 23,884,566 7,260,348 3,071,079 3,464,007 2,954,060
-
19,405,321 11,328,111 20,473,327 7,260,348 3,173,479 3,464,007 2,829,328
Facilities and maintenance
- - -
809
(66,667)
Interest Utilities
- - - - - -
(3,411,239)
- - -
Insurance
102,400
Real estate taxes
- - -
Property management fees Asset management fees
(124,732) (233,126)
307,198 419,297 586,637
74,072 528,797 812,040
Accounting expense
95,800 213,249
13,700 12,154 513,815 20,285
- -
Legal
Management and administration
2,300,511
11,024
5,641,819
(235,502)
8,231,667
760,197 113,800 748,937 838,308
- - - - - -
174,867 264,093 40,582 950,757
- - -
955,349 383,596 903,519
Consulting expense
Marketing
5,703
114,000
Travel
Bad debt expense
- - - - - - -
(81,776)
1,707,289
-
- -
-
- -
Directors fee expense Resident service fees Contributions expense Other financial expense
887,161 316,814
(887,161) (4,446,072) (226,843) (2,703,931)
55,239
4,446,386 2,606,040 16,435,492
372,367
-
- - -
2,379,197 13,871,256
Depreciation Amortization
139,695
-
158,530
(6,495)
152,035
14,790,375
1,654,259
66,263
94,217,752
(12,423,544)
98,305,105
Total expense
(2,868,807)
593,776
(4,461)
(13,683,101)
2,860,314
(13,102,279)
Excess of expense over revenue (expenses over revenue)
Excess of expenses over revenue attributable to noncontrolling interests
-
-
-
12,901,183
-
12,901,183
Excess of revenue over expenses (expenses over revenue) attributable to the Organization
$
(2,868,807)
$
593,776
$
(4,461)
$
(781,918)
$
2,860,314
$
(201,096)
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