Enterprise Community Partners, Inc. and its Subsidiaries
and Affiliates
Year
ended December 31, 2008 (in thousands)
|
|
Syndication, acquisition and consulting fees |
$ |
64,112 |
|
64,112 |
Contributions |
|
8,192 |
17,474 |
25,666 |
Grants and contracts |
|
17,669 |
|
17,669 |
Sales of real estate |
|
5,357 |
|
5,357 |
Interest from loans to neighborhood housing groups |
|
8,423 |
|
8,423 |
Investment income (loss) |
|
995 |
(3,491) |
(2,496) |
Operating properties rents |
|
1,067 |
|
1,067 |
Other revenue |
|
11,982 |
|
11,982 |
| |
|
--------------- |
--------------- |
--------------- |
|
|
117,797 |
13,983 |
131,780 |
Net assets released from restrictions |
|
18,536 |
(18,536) |
|
|
|
--------------- |
--------------- |
--------------- |
|
$ |
136,333 |
(4,553) |
131,780 |
|
|
--------------- |
--------------- |
--------------- |
|
|
|
|
|
Program activities |
$ |
58,292 |
|
58,292 |
Syndication activities |
|
32,047 |
|
32,047 |
Cost of real estate sold |
|
8,484 |
|
8,484 |
Interest |
|
7,734 |
|
7,734 |
General and administrative |
|
25,752 |
|
25,752 |
Operating properties activities |
|
1,203 |
|
1,203 |
Fund raising |
|
1,277 |
|
1,277 |
Income taxes |
|
3,094 |
|
3,094 |
|
|
--------------- |
--------------- |
--------------- |
Total expenses and losses |
|
137,883 |
|
137,883 |
|
|
--------------- |
--------------- |
--------------- |
Increase (decrease) in net assets |
|
(1,550) |
(4,553) |
(6,103) |
|
|
|
|
|
Net assets, beginning of year |
|
121,539 |
54,149 |
175,688 |
|
|
--------------- |
--------------- |
--------------- |
Net assets, end of year |
$ |
119,989 |
49,596 |
169,585 |
|
|
