THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
CONSOLIDATED STATEMENTS OF FUNCTIONAL EXPENSES – CONTINUED
Year ended December 31, 2017
Program services
Supporting services
Rental
Acquisition and
Asset
Operation Pathways
Management and general
operations
Development
Management
Fundraising
Total
Nature of expenses:
Salaries and benefits
$
8,389,531 8,768,826 11,611,596 5,395,833 2,769,190 2,735,105
$
3,206,513
$
626,291
$
859,842
$
2,295,356
$
54,418
15,431,951 $
Facilities and maintenance
- - - - - - -
- - - - - - -
- - - - - - -
-
- - - - - - -
8,768,826 11,938,123 5,395,833 2,842,276 2,735,105 2,299,347 1,201,952 8,593,943 1,385,005
Interest Utilities
326,527
-
Insurance
73,086
Real estate taxes
-
Property management fees Accounting and legal fees
214,343 86,430
2,085,004 1,115,522 1,804,269 1,337,321
Management and administration
6,262,190
27,818 16,089
8,968
485,284
5,414
Consulting Marketing
9,995 3,922
-
- -
21,600 174,826 50,879
1,295
66
373,813 343,282 15,000 814,426 659,615 988,017 95,347
553,922 794,404 15,000
Travel
11,542
288,676
95,691
4,334
Director's fees
-
- - - - -
- - - - -
- -
- - - - -
Other
235,724 16,435
1,050,150
Bad debt expense
35,000
711,050
Contributions expense
2,454,836 12,392,427
- -
3,442,853 12,487,774
Depreciation and amortization
61,357,925 $
$
3,540,391
$
731,016
$
1,384,460
12,326,585 $
$
307,137
79,647,514 $
See notes to consolidated financial statements
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