Notes to SEFA
Title: Community Facilities Loans
Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity
of Eureka Community Health Services (the Organization) under programs of the federal government for the year
ended June 30, 2023. The information 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 Organization, it is not intended to and does not present the financial position, changes in net assets, or cash
flows of the Organization.
Expenditures reported on the schedule are reported on the accrual basis of accounting. When applicable, 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. No federal financial assistance has
been provided to a subrecipient.
De Minimis Rate Used: N
Rate Explanation: The Organization does not draw for indirect administrative expenses and has not elected to use the 10% de
minimis cost rate.
Expenditures reporting in this schedule consist of the beginning of the year outstanding loan balance for the
direct loans from United States Department of Agriculture (USDA). There were no loan advances during the year
ended June 30, 2023. The outstanding balance at June 30, 2023 was $6,064,460 for the 2017 direct USDA loan.
The 2011, 2008, and 2006 direct loans were paid in full during the fiscal year ending June 30, 2023.
Title: WIC Special Supplemental Nutrition Program for Women, Infants, and Children
Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity
of Eureka Community Health Services (the Organization) under programs of the federal government for the year
ended June 30, 2023. The information 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 Organization, it is not intended to and does not present the financial position, changes in net assets, or cash
flows of the Organization.
Expenditures reported on the schedule are reported on the accrual basis of accounting. When applicable, 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. No federal financial assistance has
been provided to a subrecipient.
De Minimis Rate Used: N
Rate Explanation: The Organization does not draw for indirect administrative expenses and has not elected to use the 10% de
minimis cost rate.
Federal reimbursements for the WIC Special Supplemental Nutrition Program for Women, Infants, and Children
Federal Financial Assistance Listing #10.557, are not based upon specific expenditures. Therefore, the amounts
reported in the schedule of expenditures of federal awards represent cash received rather than federal
expenditures.