THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
UNAUDITED CONSOLIDATING STATEMENT OF FINANCIAL POSITION - TAX CREDIT ENTITIES - CONTINUED
December 31, 2018 __________
Ships Cove Preservation
St. Luke’s Preservation
Wade Road Parkchester
Woodmont Crossing
Walnut Square
Total
Assets: Cash and cash equivalents
$
421,232
$
240,701
$
108,927
$
628,258
$
124,398
$
6,060,731
Land, buildings, improvements and equipment, net Mortgage escrow and utility deposits Prepaid expenses and other assets
28,233,975
13,512,350
16,743,067 1,000,379
20,796,864
39,815,612
391,100,886 13,757,079
785,815 119,499 372,829 86,981 29,695
859,558 356,532 189,532 53,378 34,107
745,024 104,218
805,312 301,598
86,411 428,261 32,971 232,887
2,513,305 3,811,022 1,074,135 1,245,026
Replacement reserves Tenants’ security deposits Deferred other costs, net
-
-
17,310 51,576 71,708
84,388 128,179
Due from affiliates
- -
- -
- -
- -
212,965
Contributions receivable
-
-
Total assets
$
30,050,026
$
15,246,158
$
18,632,903
$
22,414,958
$
41,259,487
$
419,775,149
Liabilities: Accounts payable and accrued expenses
$
81,093 41,387 87,795
$
87,288
$
62,279 472,809 32,971
$
147,955 41,291 16,260
$
2,762,663
$
8,166,607 2,400,260 1,061,116
Other liabilities
5,514
266,224 81,637
Tenants’ security deposits
49,765
Mortgage notes payable and accrued interest Notes and construction loans payable and accrued interest Accounts payable - affiliates Asset management fees payable
22,026,965
10,270,262
3,527,458
5,567,626
24,698,326
191,920,133
3,296,562
-
7,476,547
9,500,000
-
125,530,581 21,726,332
648,174
216,962
748,931
222,596
5,860,876
-
5,625
-
-
-
150,625
Total liabilities
26,181,976
10,635,416
12,320,995
15,495,728
33,669,726
$
350,955,654
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