Title: United States Department of Health and Human Services Coronavirus Aid Relief and Economic Security (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.
De Minimis Rate Used: Y
Rate Explanation: If necessary, the Corporation will elect 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 to 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. Core Physicians LLC (TIN 87-0807914) and Rockingham Visiting Nurse Association & Hospice (TIN 02-0274905) were the recipients of $1,061,545 and $280,325 of PRF funding during Reporting Period 4, respectively. Exeter Hospital, Inc. (TIN 22-2674014) was the recipient of $1,747,240 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.
De Minimis Rate Used: Y
Rate Explanation: If necessary, the Corporation will elect to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Schedule includes expenditures totaling $979,679 being reported under the United States Department of Homeland Security – Federal Emergency Management Agency (FEMA) ALN 97.036. Of these expenditures, $312,675, $162,537 and $504,467 was incurred by the Corporation during the years ended September 30, 2022, 2021 and 2020, respectively. The Corporation's Project Worksheets covering these expenditures were 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.
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: If necessary, the Corporation will elect to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
During the year ended September 30, 2023, the Corporation did not receive donated PPE.