THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
CONSOLIDATING STATEMENT OF CHANGES IN NET ASSETS
Year ended December 31, 2017 __________
Temporarily Restricted Net Assets
Unrestricted Net Assets
Controlling
Noncontrolling
Controlling
Net Assets
Real Estate, Tax Credit and Other Entities
The NHP Foundation
Operation Pathways
Real Estate Entities
Tax Credit Entities
Consolidated eliminations
Operation Pathways
Interstate
Other Entities
Subtotal
Total
Total
Beginning balance, January 1, 2017
$
90,682,455
$
(112,259)
$
1,577,733
$
54,969,811
$
(3,558,852)
$
2,653,395
(107,838,024) $
$
38,374,259
$
40,913,075
$
79,287,334
$
136,500
$
79,423,834
Transfers in
-
-
-
-
(2,539,259)
(11,686,470)
-
(14,225,729)
(40,091,263)
(54,316,992)
-
(54,316,992)
Transfer of net assets
$
2,539,259
$
11,686,470
$
-
14,225,729
$
(14,225,729)
Capital contributions from noncontrolling interests, net of syndication costs
-
-
-
-
-
-
-
-
28,340,587
28,340,587
-
28,340,587
Contributions from / (distributions to) controlling interests
-
-
-
386,773
(25,213,002)
(23,890,842)
48,717,071
-
-
-
-
-
Other changes in equity
-
-
-
-
256,482
-
(256,482)
-
-
-
-
-
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
(22,244,674)
31,902,390
-
31,902,390
(77,804)
31,824,586
Ending balance, December 31, 2017
$
111,654,882
$
(339,592)
$
832,312
$
59,682,857
$
(28,516,096)
$
8,584,395
$
(81,622,109)
$
70,276,649
$
7,683,691
$
77,960,340
$
58,696
$
78,019,036
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