Notes to SEFA
The schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Community Health Ohio and Subsidiaries (the Organization) and is presented using the accrual basis of accounting. The information in 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 on the Schedule may differ from those amounts presented in or used in, the preparation of the basic consolidated financial statements.
Expenditures reported on the Schedule are reported on the accrual basis of accounting in accordance with generally accepted accounting principles. 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.
The Organization has elected to use the 10% de minimis indirect cost rate allowed under Uniform Guidance.
The U.S. Department of Housing and Urban Development Section 202 direct loan is administered directly by the Organization, and balances and transactions relating to this program are included in the Organization’s consolidated financial statements. The loan outstanding at the beginning of the year is included in the federal expenditures presented in the Schedule. The outstanding balance of the loan as of June 30, 2025 was $24,701.