THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
UNAUDITED CONSOLIDATING STATEMENT OF ACTIVITIES - REAL ESTATE ENTITIES - CONTINUED
Year ended December 31, 2019 __________
Center City Urban Renewal - Belmont
Irvine Turner Urban Renewal - Belmont
1255 North Post Oak
1330 North Post Oak
Ridgecrest Court Investor LLC
Total
Rent revenue
$
187,569
$
132,572
$
3,864,853
$
586,570
$
1,111,467
$
32,007,364
- -
- -
-
-
-
36,488 257,138 811,317
Contribution income - non-affiliates
Interest income Other revenue
11,480 56,687
1,459 4,345
3,586
730
1,276
26,223
188,299
133,848
3,933,020
592,374
1,141,276
33,112,307
Total revenue
Salaries and benefits
366
-
489,810 647,142
70,996 148,608 140,784 68,146 52,386 45,662 22,251
181,275 373,326 278,863 149,878 90,172
4,593,061 5,113,856 11,666,761 2,854,428 1,204,276
Facilities and maintenance
5,292
3,544
Interest Utilities
- -
- - - - -
1,519,370
515,790 90,076
Insurance
1
Real estate taxes
- -
893
-
666,813
Property management fees Asset management fees
153,092
42,704
1,192,873
4,865
3,300
- -
- -
- -
175,490 169,330 225,697
Accounting expense
- -
- -
Legal
20,225 58,541
650
563
Management and administration
9,382
7,689
39,283
85,903
1,802,998
- -
- -
7,788 7,792
-
560
62,364 71,571 505,577 26,106
Consulting expense
Marketing
628
2,095
Bad debt expense
1,922
2,840
88,734
8,286
- -
- - -
- - -
-
-
Travel
Depreciation Amortization
534,961
60,870
107,995
4,538,252
- -
-
-
13,036
29,394 51,222
20,693 38,066
6,406
6,574
1,517,809 36,400,298
Other financial expense and acquisition fee
Total expense
4,134,214
664,956
1,319,908
Excess of (expense over revenue) revenue over expense
137,077
95,782
(201,194)
(72,582)
(178,632)
(3,287,991)
Excess of (expenses over revenue) revenue over expenses attributable to noncontrolling interests
(14)
(10)
-
-
-
1,917,619
Excess of (expenses over revenue) revenue over expenses attributable to the Organization
$
137,063
$
95,772
$
(201,194)
$
(72,582)
$
(178,632)
$
(1,370,372)
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