THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
CONSOLIDATED STATEMENTS OF FUNCTIONAL EXPENSES – CONTINUED
Year ended December 31, 2018
Program services
Supporting services
Rental
Acquisition and Development
Asset
Operation Pathways
Management and general
operations
Management
Fundraising
Total
Nature of expenses: Salaries and benefits
$
9,138,111 9,465,576 18,395,716 6,460,528 2,768,496 2,838,619
$
3,998,276
$
830,583
$
800,188
$
2,402,109
$
109,282
$
17,278,549 9,465,576 18,581,406 6,460,528 2,832,494 2,838,619 2,694,108 1,630,627 8,736,994 1,043,306
Facilities and maintenance
- - - - - - -
- - - - - - -
- - - - - - -
-
- - - - - -
Interest Utilities
185,690
-
Insurance
63,998
Real estate taxes
-
Property management fees Accounting and legal fees
- -
2,694,108 1,508,433 2,115,719
122,194 74,065 111,574 86,916 58,032
Management and administration
6,020,639
93,562 155,043
36,243
396,766
Consulting Marketing
110,024
- -
- -
666,665 403,111 518,851 45,000
-
-
490,027 847,262 45,000
Travel
34,656
123,747
110,887
1,089
Director's fees
-
- - - - -
- - - - -
- - - - -
- - - - -
Other
1,853,639
-
1,853,639 1,160,606
Bad debt expense
- -
1,160,606
Contributions expense
162,769 136,665
162,769
Depreciation and amortization
12,898,911
13,035,576
$
69,984,915
$
4,370,628
$
977,713
$
1,198,043
$
12,063,724
$
562,063
$
89,157,086
See notes to consolidated financial statements
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