FAC Explorer

Audit 354881

FY End
2024-12-31
Total Expended
$3.01M
Findings
0
Programs
2
Organization: Bethesda Corporation (IN)
Year: 2024 Accepted: 2025-04-29
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 $2.30M Yes 0
14.195 Project-Based Rental Assistance (pbra) $710,851 - 0

Contacts

Name Title Type
HC45JEQQENH5 Yvonne Avary Auditee
8122325083 Jared Wolski 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 Section 223(f) pursuant to Section 223(a)(7) mortgage note payable at December 31, 2024 is $2,238,273.