Notes to SEFA
The CFDA number included in this Schedule is determined based on the program name, review of grant contract information and the Office of Management and Budget’s Catalogue of Federal Domestic Assistance.
Cooperativa de Ahorro y Crédito de Moca has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
The Credit Union used the federal awards received in agreement and compliance with requirements of Funding Opportunity Number: CDFI–2023–RRP. For the year ended December 31, 2024, the Credit Union received $1,972,506 and contributed $250,000 for the allowance for loan losses and $1,722,506 for capital.