THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
CONSOLIDATING STATEMENT OF FINANCIAL POSITION - CONTINUED
December 31, 2017 __________
The NHP
Operation Pathways
Real Estate
Tax Credit
Other
Consolidated Eliminations
Foundation
Interstate
Entities
Entities
Entities
Total
Liabilities: Accounts payable and accrued expenses
$
733,009
$
193,758
$
- - -
$
1,543,484
$
10,254,209 2,642,343 1,057,990
$
10,200
$
(219,653)
$
12,515,007 4,731,777 1,421,172
Other liabilities
3,515,658
4,358
129,418 363,182
- -
(1,560,000)
Tenants’ security deposits Mortgage notes payable and accrued interest
-
-
-
-
-
-
102,131,768
251,877,964
-
(211,346)
353,798,386
Notes and construction loans payable and accrued interest Accounts payable - affiliates Asset management fees payable Working capital advances payable
17,122,629
-
-
14,795,182 3,387,414
135,411,690 16,942,918
4,762,654 1,996,100
(95,627,579) (12,252,869)
76,464,576 10,771,301
526,055
167,935
3,748
- -
- -
- -
97,500
246,573
- -
(301,615)
42,458
-
-
-
-
Total liabilities
21,897,351
366,051
3,748
122,447,948
418,433,687
6,768,954
(110,173,062)
459,744,677
Net assets:
Unrestricted controlling Unrestricted noncontrolling
111,654,882
(339,592)
832,312
59,682,857
(28,516,096) 31,997,151
8,584,395
(96,362,846) 14,740,737
55,535,912 22,424,428
-
-
-
(940,520)
(23,372,940)
Total unrestricted net assets
111,654,882
(339,592)
832,312
58,742,337
3,481,055
(14,788,545)
(81,622,109)
77,960,340
Temporarily restricted net assets
-
58,696
-
-
-
-
-
58,696
Total net assets
111,654,882
(280,896)
832,312
58,742,337
3,481,055
(14,788,545)
(81,622,109)
78,019,036
Total liabilities and net assets
133,552,233 $
$
85,155
$
836,060
181,190,285 $
421,914,742 $
$
(8,019,591)
$
(191,795,171)
537,763,713 $
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