Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Moab Valley Healthcare, Inc. doing business as Moab Regional Hospital (the Hospital) under programs of the federal government for the year ended December 31, 2025. 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). Because the Schedule presents only a selected portion of the operations of the Hospital, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Hospital.
As of December 31, 2025, the Hospital has outstanding loans under the U.S. Department of Agriculture’s Community Facilities Loans and Grants program, which includes both a direct loan and a guaranteed loan. The balance included on the Schedule represents 100 percent of the notes payable balance as of January 1, 2025. The aggregate balance of the direct loan and guaranteed loan as of December 31, 2025 was $45,655,228.