THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
CONSOLIDATED STATEMENTS OF FUNCTIONAL EXPENSES - CONTINUED
Year ended December 31, 2016 __________
Program services
Supporting services
Rental
Acquisition and Development
Asset
Operation Pathways
Management and general
operations
Management
Fundraising
Total
Nature of expenses: Salaries and benefits
$
7,307,369 8,601,927 8,868,588 4,920,197 2,675,411 3,455,147
$
3,231,388
$
547,502
$
1,033,568
$
2,001,670
$
79,946
14,201,443 $
Facilities and maintenance
- - - - - - - - - -
- - - - - - - - - -
68
-
- - - - - - - - - -
8,601,995 8,994,921 4,920,197 2,758,115 3,455,147 2,123,365 1,108,394 1,154,716 1,422,121
Interest Utilities
- - - - -
126,333
-
Insurance
82,704
Real estate taxes Management fees
-
431,227 57,046
1,692,138 1,038,448
Accounting and legal fees
12,900 446,774 12,000 13,836 61,008
Management and administration
-
707,942
Consulting Marketing
77,090 26,614 12,949
1,333,031
326,263 194,471 10,000
366,713 566,617 10,000
Travel
178,959
89,955
29,275
Directors’ fees
-
- - - -
- - - -
- - - -
- - - -
Other
4,934,931
-
4,934,931
Bad debt expense
125,238
441,484 33,202
566,722
Depreciation and amortization
10,786,684
10,819,886
$
52,280,418
$
3,410,347
$
637,457
$
1,580,154
$
7,987,686
109,221 $
66,005,283 $
See notes to consolidated financial statements
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