Title: Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following 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: The Organization has elected not to use the ten percent de minimus indirect cost rate allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of Selfhelp Community Services, Inc. and Affiliates (the Organization) under programs of the federal government for the year ended June 30, 2022. 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 the Organization, it is not intended to and does not present the consolidated financial position, changes in net assets or cash flows of the Organization.
Title: Non-Cash Awards
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following 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: The Organization has elected not to use the ten percent de minimus indirect cost rate allowed under the Uniform Guidance.
For the year ended June 30, 2022, the Organization did not have any non-cash awards,mortgages, or loan funds that should be included in the federal expenditures presented in this Schedule.
Title: Amounts Not Included in the Schedule
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following 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: The Organization has elected not to use the ten percent de minimus indirect cost rate allowed under the Uniform Guidance.
Due to reporting and regulatory requirements associated with the Department of Housing and Urban Development for federal assistance listing number 14.157, separate audited financial statements under the Uniform Guidance were issued for Selfhelp United Help Kissena Apts. HDFC, Inc. and United Help/Selfhelp Housing for the Elderly Housing Development Fund Company, Inc., which are subsidiaries of the Organization. The Selfhelp United Help Kissena Apts. HDFC, Inc. and United Help/Selfhelp Housing for the Elderly Housing Development Fund Company, Inc. reports were for the fiscal years ended June 30, 2022 and March 31, 2022, respectively. Amounts not included in the Schedule are as follows: SELFHELP UNITED HELP KISSENA APT. HDFC, INC.; Federal Assistance Listing Number: 14.157; Federal Expenditures: $8,930,294. UNITED HELP/SELFHELP HOUSING FOR THE ENDERLY HOUSING DEVELOPMENT FUND COMPANY, INC.; Federal Assistance Listing Number: 14.157; Federal Expenditures: $7,948,631. TOTAL $16,878,925
Title: Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following 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: The Organization has elected not to use the ten percent de minimus indirect cost rate allowed under the Uniform Guidance.
For the awards from the Department of Health and Human Services ("HHS") related to the Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution ("PRF") program, HHS has indicated that amounts on the Schedule should be reported in accordance with the reporting requirements of the Health Resources and Service Administration ("HRSA") PRF Reporting Portal. Payments from HHS for PRF are assigned to 'Payment Received Periods' (each, a Period) based upon the date each payment from the PRF was received. Each Period has a specified Period of Availability and timing reporting requirements. Entities receiving PRF are required to report in the HRSA PRF Reporting Portal after each Period's deadline (i.e., after the end of the Period of Availability). The Schedule includes all Period 2 PRF payments received between July 1, 2020 and December 31, 2020 reported by the Organization to HRSA in the PRF Reporting totaling $1,012,527. The Organization recognized PRF revenue for the year ended June 30, 2021 of $1,012,527 in the financial statement line item program revenue in the accompanying 2021 consolidated statement of operations and changes in net assets.