Title: NOTE 3 - Non-Cash Award
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Center has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The Center is reimbursed for programmatic and administrative costs in accordance with rules set forth by the Department of Housing and Urban Development.
The Centers Schedule consists of a HUD-insured loan which is classified as a Non-Cash Awards (Non-Cash Award). The basis used to determine the value of the Non-Cash Award is equal to the value of the beginning balance (January 1, 2022). The balance of the HUD loan at December 31, 2022 is $32,727,214.
Title: NOTE 1-Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Center has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The Center is reimbursed for programmatic and administrative costs in accordance with rules set forth by the Department of Housing and Urban Development.
The Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of United Home for Aged Hebrews d/b/a United Hebrew Geriatric Center (the Center) under programs of the federal government for the year ended December 31, 2022. The information in this 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 (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Center, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Center.
Title: NOTE 4 - Provider Relief Fund and American Rescue Plan (ARP) Rural Distrib
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Center has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The Center is reimbursed for programmatic and administrative costs in accordance with rules set forth by the Department of Housing and Urban Development.
For the awards from the Department of Health and Human Services (HHS) related to the Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution (PRF) program, HHS has indicated that the amounts on the Schedule should be reported in accordance with the reporting requirements of the Health Resources and Service Administration (HRSA). PRF Reporting Portal. Payments from HHS for PRF are assigned to 'Payment Received Periods' (each, a Period) based upon the date each payment from the PRF was received. Each Period has a specified Period of Availability and timing of reporting requirements. Entities receiving PRF are required to report in the HRSA PRF Reporting Portal after each Period's deadline (i.e., after the end of the Period of Availability). The Schedule includes all Period 3 PRF payments received between January 1, 2021 and June 30, 2021 and all Period 4 PRF payments received between July 1, 2021 and December 31, 2021 reported by the Center to HRSA in the PRF Reporting Portal totaling $466,955. The Center recognized PRF revenue for the year ended December 31, 2021 of $466,955 in the financial statement line item Provider Relief Funds in the accompanying 2021 statement of operations and changes in net assets.
Title: NOTE 5 - Disaster Grants - Public Assistance (Presidentially Declared Disa
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Center has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The Center is reimbursed for programmatic and administrative costs in accordance with rules set forth by the Department of Housing and Urban Development.
For the awards from the Department of Homeland Security (DHS) related to the Disaster Grants - Public Assistance (Presidentially Declared Disasters) program, DHS has indicated that the amounts on the Schedule should be reported in accordance with the reporting requirements with the OMB Compliance Supplement.The Schedule includes all expenditures approved and payments received between January 1, 2022 and December 31, 2022 totaling $407,345. Of those expenditures, all $407,345 occurred in the years ended December 31, 2021 and 2020.
Title: NOTE 6 -Personal Protective Equipment (PPE) (Unaudited)
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Center has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The Center is reimbursed for programmatic and administrative costs in accordance with rules set forth by the Department of Housing and Urban Development.
The Center did not receive donated PPE from a federal source during the year ended December 31, 2022.