Audit 303485

FY End
2023-09-30
Total Expended
$1.94M
Findings
0
Programs
2
Organization: Monadnock Community Hospital (NH)
Year: 2023 Accepted: 2024-04-15

Organization Exclusion Status:

Checking exclusion status...

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
93.498 Provider Relief Fund $1.70M Yes 0
21.027 Coronavirus State and Local Fiscal Recovery Funds $15,650 - 0

Contacts

Name Title Type
C8KFN271CCS6 Richard Scheinblum Auditee
6039247191 Jeremy Veilleux Auditor
No contacts on file

Notes to SEFA

Title: Donated Personal Protective Equipment (PPE) (Unaudited) Accounting Policies: Expenditures for direct costs are recognized as incurred using the accrual method of accounting and the cost accounting principles contained in Uniform Guidance, as applicable. Under these cost principles, certain types of expenditures are not allowable or are limited as to reimbursement. The categorization of expenditures by program included in the Schedule is based upon the Assistance Listing Number (ALN). No grant monies expended and reported within the Schedule were passed-through to subrecipients. De Minimis Rate Used: Y Rate Explanation: The Hospital has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. During the year ended September 30, 2023, the Hospital did not receive donated PPE.
Title: United States Department of Health and Human Services Coronavirus Aid Relief and Economic Security (CARES) Act Provider Relief Fund and American Rescue Plan Rural Distribution Accounting Policies: Expenditures for direct costs are recognized as incurred using the accrual method of accounting and the cost accounting principles contained in Uniform Guidance, as applicable. Under these cost principles, certain types of expenditures are not allowable or are limited as to reimbursement. The categorization of expenditures by program included in the Schedule is based upon the Assistance Listing Number (ALN). No grant monies expended and reported within the Schedule were passed-through to subrecipients. De Minimis Rate Used: Y Rate Explanation: The Hospital has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. The Schedule includes grant activity related to the United States Department of Health and Human Services CARES Act ALN 93.498, Provider Relief Funds (PRF) and American Rescue Plan (ARP) Rural Distribution. As required by the 2023 OMB Compliance Supplement, the Schedule includes all PRFs and ARPs received between July 1, 2021 to December 31, 2021 (Reporting Period 4) and expended by December 31, 2022, as well as PRFs and ARPs received between January 1, 2022 and June 30, 2022 (Reporting Period 5) and expended by June 30, 2023. The Hospital (TIN 02-0222157) was the recipient of $1,923,328 of PRF and ARP funding during Reporting Period 4. The Hospital did not receive any funds during Reporting Period 5. The PRF and ARP funds were used to cover lost revenues.