Notes to SEFA
The Association provided $3,604,671 in federal awards to subrecipients related to the Rural Health Best Practices Community Development Cooperative Agreement (CFDA 93.155) and the Rural Business Coopertive Financial Assistanc eAgreement (CFDA 10.890).
Grantor and regulatory agencies reserve the right to conduct additional audits of the Association's grant programs. Such audits may result in disallowed costs to the Association. However, management does not believe that such audits would result in anydisallowed costs that would be material to the Association's financial position at December 31, 2025 and 2024