FAC Explorer

Audit 323940

FY End
2024-06-30
Total Expended
$1.85M
Findings
0
Programs
2
Organization: Systems Unlimited Building Corporation (IA)
Year: 2024 Accepted: 2024-10-07
Auditor: Forge Financial & Management Consulting

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 $1.45M Yes 0
14.195 Section 8 Housing Assistance Payments Program $400,015 - 0

Contacts

Name Title Type
KDBKEECHHXU7 Michelle Lloyd Auditee
3193389212 Ross Van Laar Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures are reported on the Schedule on the accrual basis of accounting. Such expenditures are recognized following the cost principles obtained in the Uniform Guidance, wherein certain types of expenditures are not allowed or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: Systems Unlimited Building Corporation has not elected to use the 10 percent de minimis cost rate as allowed by the Uniform Guidance.