THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
UNAUDITED CONSOLIDATING STATEMENT OF ACTIVITIES – SUMMARY
Year ended December 31, 2017 __________
Operation
Real Estates
Tax Credits
Other
Elimination
NHPF
Pathways
Interstate
Entities
Entities
Entities
Entries
Total
Rent revenue
$
-
$
-
$
-
$
21,069,106
$
32,312,571
$
-
$
-
$
53,381,677
Contribution income - affiliates
3,214,853
-
-
-
-
174,542
(3,389,395)
-
Contribution income - non-affiliates
2,879,543
639,745
-
76,982
-
-
-
3,596,270
Asset management fees
190,292
-
57,388
-
-
124,082
(371,762)
-
Resident service fees
26,000
852,561
-
-
-
-
(830,136)
48,425
Developer fee income
5,629,032
-
-
-
-
-
(1,720,547)
3,908,485
Interest income
378,668
-
1
2,966,900
18,100
127,225
(3,102,277)
388,617
Other revenue
583,613
5,893
-
1,223,338
818,381
66,693
(66,668)
2,631,250
Gain (loss) on sale of properties
25,238,647
-
(278,363)
43,850,456
-
-
(28,546,666)
40,264,074
Total revenue
38,140,648
1,498,199
(220,974)
69,186,782
33,149,052
492,542
(38,027,451)
104,218,798
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