THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
UNAUDITED CONSOLIDATING STATEMENT OF FINANCIAL POSITION - OTHER ENTITIES
December 31, 2017 __________
Preservation Partners
Forest Park Affordable
Walnut 209
Walnut Affordable
St. Luke’s GP
Ships Cove GP
Foxwood GP
Assets:
Cash and cash equivalents
$
- - -
$
- - -
$
- - -
$
-
$
-
$
- -
$
- -
Notes receivable and accrued interest
1,780,425
562,654
Investment in housing funds
-
(334)
174,645
(923)
Land, buildings, improvements and equipment, net Prepaid expenses and other assets
- -
- -
1,000,000
- - - -
- - - -
- - - -
- - -
49
Advances - current Due from affiliates
341,647
37,243
- -
-
-
80,000
Total assets
$
341,647
$
37,243
$
1,000,049
$
1,780,425
$
562,320
$
174,645
$
79,077
Liabilities: Accounts payable and accrued expenses
$
-
$
-
$
-
$
-
$
-
$
-
$
-
Notes and construction loans payable and accrued interest Accounts payable - affiliates
- -
- -
- -
- -
562,654
-
-
200
100
100
Total liabilities
-
-
-
-
562,854
100
100
.
Net assets:
Beginning net assets
341,647
37,243
1,210,966
2,154,032
(455)
3
69,070
Transfers in
- -
- -
- -
- -
- -
- -
- -
Contributions (distributions) GP
Excess of expenses over revenue attributable to the Organization - continuing operations
-
-
(210,917)
(373,607)
(79)
174,542
9,907
Total net assets
341,647
37,243
1,000,049
1,780,425
(534)
174,545
78,977
Liabilities and net assets
$
341,647
$
37,243
$
1,000,049
$
1,780,425
$
562,320
$
174,645
$
79,077
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