Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant activity of Community Action Program, Inc. of Western Indiana (CAPWI) under programs of the federal government for the year ended December 31, 2024. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. Because the schedule presents only a selected portion of the operations of CAPWI, it is not intended to and does not present the financial position, changes in net assets or cash flows of CAPWI.
Energy Assistance Payments expenditures under assistance listing number 93.568 include $1,664,797 of energy assistance payments that were disbursed by the Indiana Housing and Community Development Authority on behalf of CAPWI during the year ended December 31, 2024.
CAPWI obtained a USDA Communities Facilities Loan in September 2003 in the amount of $282,000. The loan bears an interest rate of 4.25% per annum and requires monthly payments of $1,224. The loan matures in September 2043.
CAPWI provided no federal awards to subrecipients.