FAC Explorer

Audit 305108

FY End
2023-12-31
Total Expended
$3.86M
Findings
0
Programs
2
Organization: Maryvale, Inc. (IN)
Year: 2023 Accepted: 2024-04-30
Auditor: Dauby O'Connor & Zaleski LLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.155 Mortgage Insurance for the Purchase Or Refinancing of Existing Multifamily Housing Projects $3.28M Yes 0
14.195 Section 8 Housing Assistance Payments Program $587,600 - 0

Contacts

Name Title Type
MC56YLNWNNT5 Yvonne Avary Auditee
8122325083 Greg Wasiak 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 mortgage note payable at December 31, 2023 is $3,198,997.