Prudential Checklist

THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES

SUPPLEMENTARY INFORMATION - CONTINUED

UNAUDITED CONSOLIDATING STATEMENT OF ACTIVITIES – SUMMARY

Year ended December 31, 2018 __________

Operation Pathways

All Real

Elimination

NHPF

Interstate

Estate Entities

Entries

Total

Rent revenue

$

-

$

-

$

- - -

$

64,445,631

$

-

$

64,445,631

2,607,248

139,949 270,689

3,386

(2,454,371)

296,212 738,210 521,627 38,976

Contribution income - affiliates Contribution income - non-affiliates

467,122 340,100

399

-

-

58,804

857,609

(734,886) (844,616) (1,162,289) (3,522,461) (1,830,153) (6,015,953) (1,376,654)

Asset management fees Resident service fees Developer fee income

-

883,592

- - - - - -

- -

7,509,927 1,155,140 1,028,912 1,681,841 1,057,741

1,265

6,348,903

Interest income Other revenue

-

3,279,409 3,145,414 4,820,317

912,088

135

2,344,308

Gain (loss) on sale of properties

- -

486,205 388,834

707,747

Other losses (income) in investment in housing funds

Total revenue

15,848,031

1,295,630

58,804

77,259,912

(17,941,383)

76,520,994

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