Prudential Checklist

THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES

SUPPLEMENTARY INFORMATION - CONTINUED

CONSOLIDATING STATEMENT OF ACTIVITIES - CONTINUED

Year ended December 31, 2017 __________

Unrestricted

Temporarily Restricted

The NHP Foundation

Total Temporarily Restricted

Consolidation Eliminations

Operation Pathways

Interstate

Real Estate Entities

Tax Credit Entities

Other Entities

Total Unrestricted

Operation Pathways

Total

Other revenue (expense): Developer fee revenue

5,629,032

- -

-

-

-

-

5,629,032 3,490,894 2,697,918 68,810,740

- - - -

- - - -

(1,720,547) (3,102,277)

3,908,485

Interest revenue Other revenue

378,668 583,613

1

2,966,900 1,223,338 43,850,456

18,100 818,381

127,225 66,693

388,617

5,893

-

(66,668)

2,631,250 40,264,074

Gain (loss) on sale of properties

25,238,647

-

(278,363)

-

-

(28,546,666)

Other income (losses) in housing funds

(2,866,163)

-

-

319

-

31,656,815

28,790,971

-

-

(28,790,648)

323

Total other revenue (expense)

28,963,797

5,893

(278,362)

48,041,013

836,481

31,850,733

109,419,555

-

-

(62,226,806)

47,192,749

Excess of revenue over expenses (expenses over revenue) - continued operations

20,972,427

(227,333)

(745,421)

4,326,273

(7,253,703)

29,821,842

46,894,085

(77,804)

(77,804)

(22,244,674)

24,571,607

Excess of expenses over revenue - discontinued operations

-

-

-

-

-

-

-

-

-

-

-

Excess of revenue over expenses (expenses over revenue)

20,972,427

(227,333)

(745,421)

4,326,273

(7,253,703)

29,821,842

46,894,085

(77,804)

(77,804)

(22,244,674)

24,571,607

Excess of expenses over revenue attributable to noncontrolling interests Excess of revenue over expenses (expenses over revenue) attributable to the Organization

-

-

-

-

7,252,979

-

7,252,979

-

-

-

7,252,979

$

20,972,427

$

(227,333)

$

(745,421)

$

4,326,273

$

(724)

$

29,821,842

$

54,147,064

$

(77,804)

$

(77,804)

$

(22,244,674)

$

31,824,586

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