THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
UNAUDITED CONSOLIDATING STATEMENT OF ACTIVITIES - TAX CREDIT ENTITIES - CONTINUED
Year ended December 31, 2019 __________
Hollybush Preservation
Orange Preservation
Harvest Homes
Pepper Tree
Plaza B II
Forest Park
Rent revenue Interest income Other revenue
$
356,149
$
3,236,860
$
3,624,127
$
2,023,875
$
2,218,212
$
2,597,073
3,515 3,756
569
626
2,332
8,570 5,398
526
40,568
44,036
(11,819)
62,429
Total revenue
363,420
3,277,997
3,668,789
2,014,388
2,232,180
2,660,028
Salaries and benefits
72,987 46,216 132,343 51,992 21,677 35,326 20,924 19,901 14,525
490,820 425,682 732,228 264,498 90,768 335,831 134,987
457,947 581,620
347,560 335,851 200,162 188,725 90,933 152,819 103,199 20,000 13,207
377,837 129,159 752,669 309,516 58,916 181,493 60,552
293,082 455,942 361,195 342,507 256,723 132,564 104,561
Facilities and maintenance
Interest Utilities
1,309,789
235,967 190,581 543,302 156,027
Insurance
Real estate taxes
Property management fees Asset management fees
5,000
5,000 7,000
7,500
-
Accounting expense
17,976 19,900 383,738
25,504
5,100
Legal
5,666
38,665 503,867
4,874
-
-
Management and administration
19,070
123,335
90,859
190,256 25,760 34,623
Consulting expense
1,568
9,733
9,245 8,412 1,418
9,750
5,077
Marketing
58
11,793
27,988
- -
Travel
-
5,552
- - -
-
Bad debt expense
7,950
55,738
10,030
48,062
11,910
Other financial expense and acquisition fee
-
-
-
7,917
-
Depreciation Amortization
380,466
673,961
872,936
370,823
640,296
695,811
4,483
9,514
9,556
1,577
2,953
4,385
Total expense
835,152
3,667,719
4,941,362
1,990,803
2,698,310
2,914,419
Excess of (expenses over revenue) revenue over expense Excess of expenses over revenue attributable to noncontrolling interests
(471,732)
(389,722)
(1,272,573)
23,585
(466,130)
(254,391)
471,685
389,683
1,272,445
(23,583)
466,083
254,366
Excess of expenses over revenue attributable to the Organization
$
(47)
$
(39)
$
(128)
$
2
$
(47)
$
(25)
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