Notes to SEFA
Title: SECTION 232 MORTGAGE INSURANCE NURSING HOMES, INTERMEDIATE CARE FACILITIES,
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards 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: Cheney Care Community has not elected to use the 10 percent de minimis indirect cost rate as allowed under Uniform Guidance.
BOARD AND CARE HOMES AND ASSISTED LIVING FACILITIES LOAN BALANCE: The ending balance for the Section 232 Loan was $3,789,035 as of September 30, 2022.
Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards 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: Cheney Care Community has not elected to use the 10 percent de minimis indirect cost rate as allowed under Uniform Guidance.
The schedule of expenditures of federal awards includes thefederal award activity of Cheney Care Community under programs of the federal government forthe year ended September 30, 2022. The information in this schedule is presented in accordancewith the requirements of Title 2 U.S. Code of Federal Regulations Part 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements for Federal Awards(Uniform Guidance). Because the Schedule presents only a selected portion of the operations ofCheney Care Community, it is not intended to and does not present the financial position,changes in net position, or cash flows of Cheney Care Community.
Title: CARES ACT GRANT
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards 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: Cheney Care Community has not elected to use the 10 percent de minimis indirect cost rate as allowed under Uniform Guidance.
In accordance with the guidance from the U.S. Department of Health andHuman Services (HHS), Cheney Care Community included the expenditures for Provider ReliefFunds in the schedule for the year ended September 30, 2022 to align with HHS reportingguidelines. In accordance with accounting principles generally accepted in the United States ofAmerica, the funding associated with the Provider Relief Funds was recognized by Cheney CareCommunity during the year ended September 30, 2021 and is included in beginning net assets asof and for the year ended September 30, 2022.
Title: SUBRECIPIENTS
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards 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: Cheney Care Community has not elected to use the 10 percent de minimis indirect cost rate as allowed under Uniform Guidance.
Cheney Care Community did not provide any federal awards tosubrecipients during the year ended September 30, 2022.