THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
UNAUDITED CONSOLIDATING STATEMENT OF ACTIVITIES – SUMMARY - CONTINUED
Year ended December 31, 2018 __________
Operation Pathways
Real Estates
Elimination
NHPF
Interstate
Entities
Entries
Total
Salaries and benefits
7,117,677
1,022,853
- - - - - - - - - -
9,138,019 9,532,243 21,418,028 6,460,528 2,768,496 2,838,619 2,583,835
-
17,278,549 9,465,576 18,581,406 6,460,528 2,832,494 2,838,619 2,583,835
Facilities and maintenance
-
- - - - - - -
(66,667)
Interest Utilities
185,690
(3,022,312)
-
- - - -
Insurance
63,998
Real estate taxes
- - -
Property management fees Asset management fees
407,384 500,625 616,582
(297,111)
110,273 755,867 874,760
Accounting expense
239,342 248,194
15,900
- -
Legal
9,984
Management and administration
2,280,248
435,832
275
6,249,236
(228,597)
8,736,994 1,043,306
871,414 194,627 712,418 144,131 45,000 844,616 141,273
-
- - - - - -
171,892 283,045 34,656
- - -
Consulting expense
Marketing
12,355 100,188
490,027 847,262
Travel
Bad debt expense
- - - - - - -
1,160,606
(144,131)
1,160,606
- -
-
45,000
Directors fee expense Resident service fees Contributions expense Other financial expense
(844,616) (3,045,273) (264,196) (2,463,718)
-
141,294
2,925,475 2,117,835 15,162,489
162,769
-
- - -
1,853,639 12,835,436
Depreciation Amortization
136,665
-
200,140
-
200,140
13,225,293
1,597,112
141,569
84,569,733
(10,376,621)
89,157,086
Total expense
2,622,738
(301,482)
(82,765)
(7,309,821)
(7,564,762)
(12,636,092)
Excess of expense over revenue (expenses over revenue)
Excess of expenses over revenue attributable to noncontrolling interests
-
-
-
9,558,861
-
9,558,861
Excess of revenue over expenses (expenses over revenue) attributable to the Organization
$
2,622,738
$
(301,482)
$
(82,765)
$
2,249,040
$
(7,564,762)
$
(3,077,231)
- 50 -
Powered by FlippingBook