THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
UNAUDITED CONSOLIDATING STATEMENT OF ACTIVITIES - REAL ESTATE ENTITIES - CONTINUED
December 31, 2018 __________
Nannie Helen Owner Strand
New Mark Twain
Princess Anne Owner
Pines at Carolina
New Covent
Takoma Place
Total
Rent revenue
$
- - - - -
$
320,425
$
1,101,644
$
899,292
$
1,265,323
$
1,963,487
25,883,626 $
- -
-
-
-
-
399
Contribution income - non-affiliates
Interest income Other revenue
1
464
1,422
42
145,350 735,869
150,356
48,754
1,917
13,824
45,397
Gain (loss) on sale of properties
-
4,820,317
-
-
-
4,820,317
-
470,781
5,970,716
901,673
1,280,569
2,008,926
31,585,561
Total revenue
Salaries and benefits
- -
215,266 96,985 383,409 47,893 41,628
286,392 58,705
178,992 92,203 412,200 164,689 47,215 52,482 35,696
320,409 294,418 556,023 166,278 39,231
299,608 406,794 839,082 186,480 74,821
3,983,086 4,156,057 11,233,315 2,083,128
Facilities and maintenance
Interest Utilities
167,993
2,173,732
- - - - - - - - - - - - - - - -
125,267 76,914
Insurance
980,003 406,577 973,071 172,902 185,219 182,890
Real estate taxes
-
-
-
-
Property management fees Asset management fees
25,237
65,513
60,275
78,716
-
-
-
-
-
Accounting expense
12,000 31,268 64,578 15,925
12,000 30,750 257,936
12,862
14,780 14,926 292,371
12,708 18,059 66,856
Legal
6,254
Management and administration
29,181
1,376,934
9,525
714
-
-
59,374 76,431 479,250 22,424
Consulting expense
Marketing
18
268
11,649 99,110
5,880
8,610
Bad debt expense
17,723
95,351
-
61,311
424
2,440
- -
783
- -
Travel
Contributions expense
-
-
-
1,310,578 3,867,945
Depreciation Amortization
61,352
561,287 25,256
121,572
256,429
439,286
-
-
-
-
31,199 844,779
214
-
500
26,168
10,000
Other financial expense and acquisition fee
Total expense
167,993
1,013,920
3,781,336
1,265,319
2,047,971
2,502,331
32,425,162
Excess of (expense over revenue) revenue over expense Excess of (expenses over revenue) revenue over expenses attributable to noncontrolling interests Excess of (expenses over revenue) revenue over expenses attributable to the Organization
(167,993)
(543,139)
2,189,380
(363,646)
(767,402)
(493,405)
(839,601)
88,196
-
-
-
767,325
-
879,003
$
(79,797)
$
(543,139)
$
2,189,380
$
(363,646)
$
(77)
$
(493,405)
$
39,402
- 59 -
Powered by FlippingBook