THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
UNAUDITED CONSOLIDATING STATEMENT OF ACTIVITIES - TAX CREDIT ENTITIES - CONTINUED
Year ended December 31, 2018 __________
Hollybush Preservation
Orange Preservation
Harvest Homes
Pepper Tree
Plaza B II
Forest Park
Rent revenue Interest income Other revenue
$
347,753
$
3,172,309
$
3,556,098
$
1,966,413
$
2,223,623
$
2,542,708
2,454 4,687
186
225
770
4,687 2,843
443
64,055
37,540
(3,776)
55,468
Total revenue
354,894
3,236,550
3,593,863
1,963,407
2,231,153
2,598,619
Salaries and benefits
68,228 43,646 149,277 59,248 20,689 53,407 20,420 19,321 12,162
464,778 332,542 741,851 213,300 87,147 336,020 135,698
457,945 560,095
317,606 280,626 203,842 180,884 86,725 155,106 99,656 20,000
362,920 208,106 777,027 304,251 55,737 185,405 60,552
276,458 422,394 370,688 318,669 240,623 135,192 103,521
Facilities and maintenance
Interest Utilities
1,288,588
231,600 172,360 314,423 151,856
Insurance
Real estate taxes
Property management fees Asset management fees
5,000 9,286
5,000
7,500
-
Accounting expense
17,600 33,876 406,722
9,113 7,830
25,504
4,440
Legal
873
24,648 338,317 13,061
438
-
Management and administration
13,780
88,610
84,557 19,405
205,277 18,462 34,820
Consulting expense
1,099
9,900 9,135
9,750
Marketing
28
4,265 1,606
19,767
- -
Travel
-
309
- - -
-
Bad debt expense
7,614 1,195
64,017
53,231
51,237
28,313
Other financial expense and acquisition fee
-
-
8,595
-
Depreciation Amortization
379,887
676,221
874,903
370,823
637,003
695,811
4,483
9,514
9,556
1,577
2,953
4,385
Total expense
855,357
3,457,271
4,597,099
1,851,915
2,791,190
2,859,053
Excess of (expenses over revenue) revenue over expense
(500,463)
(220,721)
(1,003,236)
111,492
(560,037)
(260,434)
Excess of expenses over revenue attributable to noncontrolling interests
500,413
220,699
1,003,135
(111,481)
559,981
260,408
Excess of expenses over revenue attributable to the Organization
$
(50)
$
(22)
$
(101)
$
11
$
(56)
$
(26)
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