Notes to SEFA
The Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal award activity of United Home For Aged Hebrews d/b/a United Hebrew Geriatric Center (the “Center”) 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 Center, it is not intended to and does not present the financial position, changes in net assets (deficit) or cash flows of the Center.
The Center’s Schedule consists of a HUD-insured loan which is classified as a Non-Cash Award (“Non-Cash Award”). The basis used to determine the value of the Non-Cash Award is equal to the value of the beginning balance (January 1, 2025). The balance of the HUD loan at December 31, 2025 is $27,877,896.
For the awards from the Department of Homeland Security (“DHS”) related to the Disaster Grants - Public Assistance (Presidentially Declared Disasters) program (Federal Assistance Listing #97.036), DHS has indicated that the amounts on the Schedule should be reported in accordance with the reporting requirements of the OMB Compliance Supplement. The Schedule includes all expenditures approved between January 1, 2025 and December 31, 2025 totaling $9,656. All expenditures were incurred between March 26, 2020 and December 31, 2023.