FAC Explorer

Audit 304666

FY End
2023-12-31
Total Expended
$12.24M
Findings
0
Programs
2
Organization: Ncc/neumann Senior Housing Corporation (CA)
Year: 2023 Accepted: 2024-04-26
Auditor: Dauby O'Connor & Zaleski LLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.239 Home Investment Partnerships Program $1.05M - 0
14.157 Supportive Housing for the Elderly $7,545 Yes 0

Contacts

Name Title Type
ML7TNNNM83R6 Derrick Lawson Auditee
8182470420 Christopher J. Petesch Auditor
No contacts on file

Notes to SEFA

Title: Note 3 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. The balance of the HUD Capital Advance at December 31, 2023 is $10,544,200 and the balance of the HOME note payable at December 31, 2023 is $1,050,000.