Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the activity of all federal award programs of the Archdiocese of St. Louis (the “Archdiocese”). The information on the 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). Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the financial statements. Expenditures for the following entities included in the combined financial statements of the Archdiocese of St. Louis are not included in the Schedule because they have separate audits under the Uniform Guidance or are U.S. Department of Housing and Urban Development (HUD) projects that do not require a separate audit under the Uniform Guidance: Holy Angels Apartments, Inc. Holy Angels II Apartments, Inc. Holy Infant and St. Joseph Associates, LP Mary, Queen and Mother Association Pope John Paul II Apartments II, Inc. Rosati Apartments LP St. Agnes Apartments, Inc. St. Claire of Assisi Senior Village, Inc. St. John Neumann Associates, LP St. William Apartments, Inc. St. William Apartments II, Inc.
In 2007, St. Patrick Center, an Archdiocese agency, was the recipient of funding from HUD in the form of two capital advances. The Schedule includes the original capital advances from HUD in the amount of $1,016,900 under Assistance Listing Number (ALN) 14.181 and $400,000 under ALN 14.235. Continuing compliance requirements of the capital advances stipulate that St. Patrick Center does not have to repay the loans as long as the housing remains available for qualified tenants for 40 years as defined by HUD.