THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
UNAUDITED CONSOLIDATING STATEMENT OF ACTIVITIES - TAX CREDIT ENTITIES - CONTINUED
Year ended December 31, 2017 __________
Alabama Ave. (Roundtree)
Benning Heights Investor
Ships Cove Preservation
Wade Road (Parkchester)
Harvest Homes
Bolton North
$
975,341
$
1,940,554
$
2,309,005
$
1,278,758
$
289,753
$
1,276,409
Rent revenue Interest income Other revenue
1,079
1,906 8,668
1,142
514
29
138
39,173
27,783
7,128
11,217
20,286
1,015,593
1,951,128
2,337,930
1,286,400
300,999
1,296,833
Total revenue
210,085 90,347 188,664 61,422 42,209
368,200 254,414 224,171 180,165 42,417
325,926 312,720 415,152 413,463 80,661 137,769 92,929
203,859 194,096 135,685 116,904 44,219
106,802 27,637 247,264 51,438 14,207 19,992 18,020 18,758 23,856
78,522 119,938 381,943 151,708 14,651 57,444 43,930
Salaries and benefits
Facilities and maintenance
Interest Utilities
Insurance
-
-
-
Real estate taxes
50,048 30,000 14,700
86,978
78,016
Property management fees Asset management fees
-
-
-
-
27,202 13,211 362,423
14,012 24,422 194,793
36,120
7,680 1,372
Accounting expense
2,774
8,053
1,327
Legal
173,111
721,428
22,192
16,296
Management and administration
2,980 4,712
6,630 1,270
-
-
727
-
Consulting expense
9,193
1,781
18,440
1,358
Marketing
485
-
-
720
-
-
Travel
(3,003)
16,156
12,407
24,571
2,766 7,105
1,060
Bad debt expense
-
1,471
7,566
420
33,824 206,482 46,080
Other financial expense and acquisition fee
448,898
251,971
298,622
416,538
361,715 76,863
Depreciation Amortization
4,006
6,515
-
4,005
Total expense
1,321,438
1,843,194
2,339,635
1,986,415
1,019,109
1,162,288
Excess of (expenses over revenue) revenue over expense - continued operations
(305,845)
107,934
(1,705)
(700,015)
(718,110)
134,545
Excess of expenses over revenue attributable to noncontrolling interests - continuing operations
305,815
(107,923)
1,705
699,945
718,038
(134,532)
Excess of expenses over revenue attributable to the Organization - continuing operations
$
(30)
$
11
$
-
(70)
$
(72)
$
13
- 73 -
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