Audit 311121

Title: Subrecipients Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") includes the federal award activity of North Bay Human Development Corporation under programs of the federal government for the year ended September 30, 2023. 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 presents only a selected portion of the operations of North Bay Human Development Corporation, it is not intended to and does not present the financial position, changes in net assets, or cash flows of North Bay Human Development Corporation. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: North Bay Human Development Corporation did not elect to use the 10% de minimis cost rate. North Bay Human Development Corporation did not use any subrecipients.

Title: Balance of Outstanding Loans Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") includes the federal award activity of North Bay Human Development Corporation under programs of the federal government for the year ended September 30, 2023. 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 presents only a selected portion of the operations of North Bay Human Development Corporation, it is not intended to and does not present the financial position, changes in net assets, or cash flows of North Bay Human Development Corporation. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: North Bay Human Development Corporation did not elect to use the 10% de minimis cost rate. The loan programs listed subsequently are administered directly by North Bay Human Development Corporation, and balances and transactions relating to these programs are included in North Bay Human Development Corporation's basic financial statements. Loans outstanding at the beginning of the year and loans made during the year are included in the federal expenditures presented in the Schedule. The balance of loans outstanding at September 30, 2023, consists of: Outstanding Balance at September 30, 2023 Program Name AL Number Supportive Housing for the Elderly 14.157 3,457,174 Community Development Block Grant 14.218 350,000 HOME Investment Program 14.239 496,201