Title: Consolidated Reporting
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) for the year ended June 30, 2022 includes the federal grant activity of CFNI and is presented on the accrual basis of accounting. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance), and therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, CFNIs consolidated financial statements.
De Minimis Rate Used: N
Rate Explanation: CFNI did not use the de minimis cost rate.
The federal award activity of the entities below is included in the accompanying Schedule for the year ended June 30, 2022: Munster Medical Research Foundation, Inc.d/b/a The Community Hospital $21,610,263, St. Catherine Hospital, Inc. $18,731,199, St. Mary Medical Center, Inc.$5,979,861, Community Stroke and Rehabilitation Center, Inc. $112,518, Community Care Network, Inc. $2,120,820, Community Village, Inc. $1,085,140, Total $49,639,801
Title: Provider Relief Fund
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) for the year ended June 30, 2022 includes the federal grant activity of CFNI and is presented on the accrual basis of accounting. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance), and therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, CFNIs consolidated financial statements.
De Minimis Rate Used: N
Rate Explanation: CFNI did not use the de minimis cost rate.
In accordance with the requirements specific to Assistance Listing No. 93.498, COVID-19 - Provider Relief Fund, the amount presented on the accompanying Schedule for the year ended June 30, 2022 for Assistance Listing No. 93.498 relates to (i) activity from the period July 1, 2021 through June 30, 2022 for (ii) Provider Relief Fund (PRF) payment received from April 10, 2020 through June 30, 2020. This activity period and payment receipt period and the resulting amount presented reconciles to the PRF information previously reported to the Health Resources and Services Administration (HRSA) for the PRF Reporting Period 1 as follows: See the Notes to the SEFA for chart/table. The expenses attributable to Coronavirus Disease 2019 (COVID-19) and lost revenues incurred by CFNI during the period of availability for PRF Reporting Period 2 and 3 (January 1, 2020 through June 30, 2021) are in excess of the general and targeted distributions received from April 10, 2020 through June 30, 2020 and, therefore, the amounts presented in the tables above and on the accompanying Schedule are limited to the amount of such distributions. CFNI received additional PRF payments subsequent to June 30, 2020 which are required to be reported in subsequent HRSA PRF Reporting Periods, and, accordingly, pursuant to the requirements specific to Assistance Listing No. 93.498, such amounts are excluded from the accompanying Schedule.