Audit 330987

FY End
2023-12-31
Total Expended
$3.83M
Findings
0
Programs
1
Year: 2023 Accepted: 2024-12-05

Organization Exclusion Status:

Checking exclusion status...

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.126 Mortgage Insurance_cooperative Projects $3.83M Yes 0

Contacts

Name Title Type
LQQ6ZTGTSTU8 Jesse Lambrecht Auditee
5072855082 Ben Turnquist Auditor
No contacts on file

Notes to SEFA

Title: Note to Schedule of Expenditures of Federal Awards Accounting Policies: The accompanying Schedule of Federal Awards includes the Federal grant activity of Willow Brook Cooperative of Winona and is presented on the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: Willow Brook Cooperative of Winona has not charged indirect costs to any of the federal programs. Therefore, the election on the 10 percent de minimis indirect cost rate is not applicable as allowed under Uniform Guidance. The accompanying Schedule of Federal Awards includes the Federal grant activity of Willow Brook Cooperative of Winona and is presented on the accrual basis of accounting. Willow Brook Cooperative of Winona has not charged indirect costs to any of the federal programs. Therefore, the election on the 10 percent de minimis indirect cost rate is not applicable as allowed under Uniform Guidance.