THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
UNAUDITED CONSOLIDATING STATEMENT OF ACTIVITIES - TAX CREDIT ENTITIES - CONTINUED
Year ended December 31, 2017 __________
Hollybush Preservation
Orange Preservation
Plaza B II
Cleme Manor
Pepper Tree
Total
$
2,019,299
$
1,574,685
$
3,097,123
$
1,895,729
$
3,542,308
$
32,312,571
Rent revenue Interest income Other revenue
3,603 3,659
-
596
635
107
18,100 818,381
54,599
28,575
9,273
177,930
2,026,561
1,629,284
3,126,294
1,905,637
3,720,345
33,149,052
Total revenue
316,210 72,913 801,587 259,326 51,541 170,001 60,552
374,712 173,944 208,439 254,512 239,296 221,411 61,819 41,200
417,774 242,981 756,153 227,270 83,678 337,629 132,752
318,657 398,985 207,382 180,069 82,957 174,754 97,002 20,000
515,280 480,375
4,949,790 4,137,350 8,327,104 3,335,964 1,669,246 2,356,006 1,394,675
Salaries and benefits
Facilities and maintenance
1,270,140
Interest Utilities
181,004 159,375 448,298 153,073
Insurance
Real estate taxes
Property management fees Asset management fees
7,500
5,000
5,000
149,958 233,680 231,622
19,156
9,075
16,684 27,341 343,609 12,503
9,000
13,000 85,656 417,324
Accounting expense
-
10,504 212,318
10,705 110,846
Legal
86,808 44,538
3,935,095
Management and administration
-
9,750
4,205 9,978
139,642 154,145
Consulting expense
-
4,346
6,546
20,936
Marketing
65
559
367
- - -
610
5,941
Travel
8,307
4,899
21,973
15,573
235,537 135,304
Bad debt expense
115,156 637,003
13,012 598,970
-
-
Other financial expense and acquisition fee
676,221
370,823
908,487
8,815,170
Depreciation Amortization
7,286
2,202
9,514
1,577
9,556
196,526
Total expense
2,657,949
2,431,218
3,317,995
2,013,443
4,676,934
40,402,755
Excess of (expenses over revenue) revenue over expense - continued operations
(631,388)
(801,934)
(191,701)
(107,806)
(956,589)
(7,253,703)
Excess of expenses over revenue attributable to noncontrolling interests - continuing operations
631,324
801,854
191,682
107,795
956,494
7,252,979
Excess of expenses over revenue attributable to the Organization - continuing operations
$
(64)
$
(80)
$
(19)
$
(11)
$
(95)
$
(724)
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