Notes to SEFA
Title: Special Supplemental Food Program for Women, Infants and Children
Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) presents the
federal grant activity of Jamaica Hospital Medical Center and its subsidiary (“Jamaica”). 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”). The purpose of the Schedule is to
present a summary of those activities of Jamaica for the year ended December 31, 2024 which
have been financed by the federal government. For purposes of the Schedule, federal awards
include any assistance provided by a federal agency directly or indirectly in the form of loans or
grants, contracts, cooperative agreements, loans and loan guarantees, and other noncash
assistance. Where available, pass–through entity identifying numbers are included in the Schedule.
Because the Schedule presents only a selected portion of the activities of Jamaica, it is not
intended to and does not present either the financial position or the revenues, expenditures and
other changes in net (deficit) assets of Jamaica. Therefore, some amounts presented in the
Schedule may differ from amounts presented in, or used in, the preparation of Jamaica’s
consolidated financial statements.
Expenditures for direct costs within the Schedule are recognized using the accrual method of
accounting and in accordance with The Department of Health and Human Services, U.S. Office of
the Assistant Secretary Comptroller (“OASC”) OASC–3, A Guide for Hospitals. Under those cost
principles, certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Both
Rate Explanation: Jamaica applies the indirect cost rate approved by the granting agency at the time of the award. In
cases where the granting agency does not disclose a specific rate, Jamaica utilizes the de
minimis indirect cost rate as described in Section 200.414 of the Uniform Guidance (10% for awards granted before October 1, 2024 and 15% for awards granted after October 1, 2024).
During the year ended December 31, 2024, Jamaica participated in the Special Supplemental Food Program for Women, Infants and Children (“WIC”) (Assistance Listing Number 10.557) through the receipt and distribution of food instruments. The United States Department of Agriculture has determined that such WIC food instruments are considered property “in lieu of money” and, therefore, should be considered part of the subgrant award received by Jamaica. The WIC program funding has both a federal and state component (from the New York State Department of Health). For the year ended December 31, 2024, Jamaica’s total administrative costs were $2,385,901 of which 96% (or $2,290,465) was federally funded. The total value of Jamaica’s food checks redeemed ($10,745,112) was federally funded. These percentages were supplied by the New York State Department of Health for the year ended December 31, 2024. Only the federally funded component of the WIC program is included on the Schedule.