Prudential Checklist

THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES

SUPPLEMENTARY INFORMATION

CONSOLIDATING STATEMENT OF FINANCIAL POSITION

December 31, 2017 __________

The NHP

Operation Pathways

Real Estate

Tax Credit

Other

Consolidated Eliminations

Foundation

Interstate

Entities

Entities

Entities

Total

Assets: Cash and cash equivalents Investments - restricted Investments - unrestricted

$

32,049,534

$

79,899

$

91,350

$

4,311,439

$

8,293,603

$

63,937

$

- - - -

$

44,889,762

467,970 338,490 734,448

- - - -

- - - - - - - - - - - - -

-

- - - - - -

- - -

467,970 373,579 734,448 880,833

35,089

Restricted cash

-

Notes receivable and accrued interest

16,269,918

77,794,468

6,866,905

(100,050,458)

Grant receivable

-

5,026

-

-

-

5,026

Investments in housing funds

60,749,905

-

1,820

(18,808,788)

(41,798,697)

144,240

Land, buildings, improvements and equipment, net Mortgage escrow and utility deposits Prepaid expenses and other assets

559,494

- - - - - - -

91,087,120 4,916,415 1,169,963 1,170,153

377,114,658 23,988,953

1,000,000

(36,323,484)

433,437,788 28,905,368

-

-

- - - -

296,645

5,767,229 4,566,266 1,073,536

49

7,233,886 5,736,419 1,376,824 4,983,859 1,135,753

Replacement reserves

- -

- - - -

Tenants’ security deposits Deferred development costs Deferred other costs, net

303,288

6,887,709

-

-

(1,903,850)

-

25,256

1,110,497

-

Asset management and resident service fees receivable

119,730

-

-

- -

- - -

-

(119,730)

-

Advances receivable Due from affiliates

4,363,699 10,714,691

230

744,710

378,890

(5,471,148) (6,127,804)

16,381

-

-

375,274

2,479,416

7,441,577

Total assets

133,552,233 $

$

85,155

$

836,060

181,190,285 $

421,914,742 $

$

(8,019,591)

$

(191,795,171)

537,763,713 $

- 49 -

Powered by