THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
UNAUDITED CONSOLIDATING STATEMENT OF ACTIVITIES - TAX CREDIT ENTITIES
Year ended December 31, 2017 __________
Bayview Preservation
Foxwood Preservation
St. Luke’s Preservation
Columbia Heights Village
Forest Park
Walnut Square
$
2,523,455
$
2,030,678
$
3,583,681
$
2,772,545
$
1,203,248
$
- - -
Rent revenue Interest income Other revenue
306
415
6,789
691
150
73,314
44,242
27,109
177,241
108,184
2,597,075
2,075,335
3,617,579
2,950,477
1,311,582
-
Total revenue
279,554 423,417 383,445 296,377 211,674 135,195 101,984
254,788 258,521 436,361 197,492 249,717 83,851 82,135
365,301 407,382
532,008 447,986
282,112 231,694 374,995 99,443 72,611 66,374 61,847
- -
Salaries and benefits
Facilities and maintenance
1,229,428
1,026,472
39,823
Interest Utilities
452,704 103,434 243,226 143,698
212,667 111,447 260,062 129,892 15,000 13,137 20,749 278,551
-
65,152
Insurance
- - - - - - - - - - - - -
Real estate taxes
Property management fees Asset management fees
-
-
-
7,500 8,950
4,440
4,440
12,228
Accounting expense
-
-
5,191
20,317 301,752 18,936
Legal
210,220 19,951 33,684
284,280 15,957 11,839
199,144
Management and administration
-
3,465
Consulting expense
4,443
18,103
7,516
Marketing
-
-
-
3,135
-
Travel
16,323
9,988
10,261
18,025
76,231
Bad debt expense
-
-
-
-
(43,250) 508,065
Other financial expense and acquisition fee
695,811
950,478
701,903
783,183
Depreciation Amortization
4,385
5,241
4,113
9,480
5,703
Total expense
2,816,460
2,845,088
3,882,456
3,883,362
2,100,796
104,975
Excess of (expenses over revenue) revenue over expense - continued operations
(219,385)
(769,753)
(264,877)
(932,885)
(789,214)
(104,975)
Excess of expenses over revenue attributable to noncontrolling interests - continuing operations
219,363
769,676
264,851
932,792
789,135
104,965
Excess of expenses over revenue attributable to the Organization - continuing operations
$
(22)
$
(77)
$
(26)
$
(93)
$
(79)
$
(10)
- 72 -
Powered by FlippingBook