FAC Explorer

Audit 303610

FY End
2023-12-31
Total Expended
$1.29M
Findings
0
Programs
3
Organization: McCormick CO Housing for the Aging, Inc. 46033-570154630-015/027/039 (SC)
Year: 2023 Accepted: 2024-04-16
Auditor: Dauby O'Connor & Zaleski LLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
10.415 Rural Rental Housing Loans $644,574 Yes 0
14.195 Section 8 Housing Assistance Payments Program $522,666 - 0
10.427 Rural Rental Assistance Payments $100,258 - 0

Contacts

Name Title Type
KNC8VHKMEYM7 Tim McCullough Auditee
8644043511 Neil Savage Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: The schedule of expenditures of federal awards is prepared on the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: The Corporation has elected to not use the 10% de minimis cost rate. Rural Rental Housing Loans - Interest Credit (Assistance Listing No. 10.415) The balance of the mortgage loans at December 31, 2023 is $563,479