FAC Explorer

Audit 354661

FY End
2024-12-31
Total Expended
$8.66M
Findings
0
Programs
2
Organization: Avenue of the Arts Presbyterian - Psc Apartments, INC (CA)
Year: 2024 Accepted: 2025-04-25
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 $1.66M - 0
14.157 Supportive Housing for the Elderly $657,510 Yes 0

Contacts

Name Title Type
M27ETTPECC38 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, 2024 is $6,335,800 and the balance of the HOME note payable at December 31, 2024 is $1,661,972.