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. The Organization has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: Y
Rate Explanation: The Organization 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 Organization did not receive donated PPE.
Title: United States Department of Health and Human Services Coronavirus Aid Relief and Economic Activity (CARES) Act Provider Relief Fund
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. The Organization has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: Y
Rate Explanation: The Organization 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). As required by the 2023 OMB Compliance Supplement, the Schedule includes all PRFs received between July 1, 2021 and December 31, 2021 (Reporting Period 4), and expended by December 31, 2022, as well as PRFs received between January 1, 2022 and June 30, 2022 (Reporting Period 5) and expended by June 30, 2023. Milford Regional Medical Center (TIN 04-2103602) was the recipient of $3,189,217 of PRF funding during Reporting Period 4. Milford Regional Physician Group (TIN 04-3159969) was the recipient of $431,155 of PRF funding during Reporting Period 5. The PRF funds were used to cover lost revenues.
Title: United States Department of Homeland Security – Federal Emergency Management Agency Public Assistance
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. The Organization has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: Y
Rate Explanation: The Organization has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Schedule includes expenditures totaling $105,552 being reported under the United States Department of Homeland Security Federal Emergency Management Agency (FEMA) ALN 97.036 that were incurred by the Organization during the year ended September 30, 2020. The Organization's Project Worksheet covering these expenditures was approved by FEMA during the year ended September 30, 2023 and, in accordance with the 2023 OMB Compliance Supplement, these expenditures are therefore reported on the Schedule during the year ended September 30, 2023.