Notes to SEFA
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 follow 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: West Liberty Care Center, Inc. and Affiliates has elected not to use the 10 percent de minimus cost rate as allowed under the Uniform Guidance.
The accompanying schedule of expenditures of Federal awards includes the Federal award activity of West Liberty
Care Center, Inc. under programs of the Federal government for the year ended December 31, 2023. The
companies that received and expended the Federal awards included in the schedule for the year ended December
31, 2023 include West Liberty Care Center, Inc. (E.I.N 34-1137582). 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 of expenditures of Federal awards presents only a selected portion of the operations of West Liberty Care
Center, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of
West Liberty Care Center, Inc.
Title: U.S. Department of Housing and Urban Development loan program
Accounting Policies: Expenditures reported on the schedule of expenditures of Federal awards are reported on the accrual basis of accounting. Such expenditures follow 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: West Liberty Care Center, Inc. and Affiliates has elected not to use the 10 percent de minimus cost rate as allowed under the Uniform Guidance.
West Liberty Care Center, Inc. has received a U.S. Department of Housing and Urban Development (HUD) direct loan under Section 232, pursuant to Section 223(f) of the National Housing Act. West Liberty Care Center, Inc. The loan balance outstanding at the beginning of the year is included in the Federal expenditures presented in the schedule. West Liberty Care Center, Inc. and Affiliates received no additional loans during the year. The balance of the loan outstanding at December 31, 2023 consists of: Federal Assistance Listing Number - 14.129: Program Name - Mortgage Insurance Nursing Homes, Intermediate Care Facilities, Board and Care Homes and Assisted Living Facilities: Outstanding Balance at December 31, 2023 - $ 8,190,788
Title: Noncash assistance
Accounting Policies: Expenditures reported on the schedule of expenditures of Federal awards are reported on the accrual basis of accounting. Such expenditures follow 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: West Liberty Care Center, Inc. and Affiliates has elected not to use the 10 percent de minimus cost rate as allowed under the Uniform Guidance.
West Liberty Care Center, Inc. and Affiliates did not receive any donated noncash assistance for the year ended