Audit 308954

FY End
2023-03-31
Total Expended
$1.22M
Findings
2
Programs
2
Organization: Lewisburg Public Housing, Inc. (IN)
Year: 2023 Accepted: 2024-06-17

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
400922 2023-001 - - P
977364 2023-001 - - P

Programs

ALN Program Spent Major Findings
10.415 Rural Rental Housing Loans $107,805 - 0
10.427 Rural Rental Assistance Payments $106,514 - 0

Contacts

Name Title Type
F97UFMB4KBK1 Robert Jones Auditee
8123220863 Gregory Nowling Auditor
No contacts on file

Notes to SEFA

Title: Summary of Significant Accounting Policies Accounting Policies: Reported on the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: 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. Expenditures reported on the Schedule of Expenditures of Federal Awards are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited to reimbursement. Pass-through identifying numbers are presented where available.

Finding Details

In accordance with RD regulations, the Corporation is required to submit the audited financial statements to RD within 90-days after year-end.
In accordance with RD regulations, the Corporation is required to submit the audited financial statements to RD within 90-days after year-end.