THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
UNAUDITED CONSOLIDATING STATEMENT OF ACTIVITIES - TAX CREDIT ENTITIES
Year ended December 31, 2019 __________
Alabama Ave. (Roundtree)
Bayview Preservation
Benning Heights Investor
Foxwood Preservation
Bolton North
Cleme Manor
Rent revenue Interest income Other revenue
$
1,047,720
$
3,814,508
$
2,221,168
$
3,198,330
$
2,700,682
$
2,838,712
1,931
21,984 41,899
28,857 56,631
7,699
60
1,156
51,546
67,594
54,814
141,518
Total revenue
1,101,197
3,878,391
2,306,656
3,273,623
2,755,556
2,981,386
Salaries and benefits
232,324 165,273 184,243 78,902 47,333
403,357 600,493
386,401 414,195 960,227 324,167 47,908
165,447 363,540
302,493 340,714 732,684 308,606 237,323 269,523 163,394
414,863 671,000
Facilities and maintenance
Interest Utilities
1,227,873
1,207,164
1,282,111
423,908 111,500 367,371 152,270
420,232 40,106 149,589 110,352
238,333 122,981 271,374 144,487
Insurance
Real estate taxes
-
-
Property management fees Asset management fees
83,965
96,646
7,500
-
-
- -
-
5,000 9,800
Accounting expense
14,200
20,275 12,553 205,429
20,378 12,293 179,160
16,250 16,468 143,943
Legal
658
9,898
16,692 307,804
Management and administration
166,725
183,246
Consulting expense
5,146 8,263
-
6,699 5,128
-
1,025 4,354
594
Marketing
12,449
7,956
12,788
Travel
-
-
-
-
- -
6,834
Bad debt expense
13,312
24,530
17,666
2,587
35,900
Other financial expense and acquisition fee
-
-
260
314,059 815,220
359,074
-
Depreciation Amortization
316,811
707,388
797,522
1,117,861
772,045
3,698
4,113
7,147
9,840
6,022
9,480
Total expense
1,328,353
4,273,509
3,275,797
3,799,236
4,019,734
4,322,086
Excess of (expenses over revenue) revenue over expense Excess of expenses over revenue attributable to noncontrolling interests
(227,156)
(395,118)
(969,141)
(525,613)
(1,264,178)
(1,340,700)
227,134
395,078
969,044
525,560
1,264,052
1,340,566
Excess of expenses over revenue attributable to the Organization
$
(22)
$
(40)
$
(97)
$
(53)
$
(126)
$
(134)
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