FAC Explorer

Audit 379161

FY End
2025-06-30
Total Expended
$5.16M
Findings
0
Programs
15
Organization: Lake County Community Development Corporation (MT)
Year: 2025 Accepted: 2026-01-05
Auditor: JCCS PC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
10.767 INTERMEDIARY RELENDING PROGRAM $3.17M Yes 0
10.870 RURAL MICROENTREPRENEUR ASSISTANCE PROGRAM $476,811 Yes 0
11.307 ECONOMIC ADJUSTMENT ASSISTANCE $361,830 Yes 0
10.190 RESILIENT FOOD SYSTEM INFRASTRUCTURE PROGRAM $203,665 Yes 0
10.771 RURAL COOPERATIVE DEVELOPMENT GRANTS $200,372 Yes 0
10.175 FARMERS MARKET AND LOCAL FOOD PROMOTION PROGRAM $187,863 Yes 0
21.020 COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM $137,273 Yes 0
10.872 HEALTHY FOOD FINANCING INITIATIVE $127,672 Yes 0
10.177 REGIONAL FOOD SYSTEM PARTNERSHIPS $125,462 Yes 0
11.303 ECONOMIC DEVELOPMENT TECHNICAL ASSISTANCE $70,000 Yes 0
10.868 RURAL ENERGY FOR AMERICA PROGRAM $42,084 Yes 0
10.170 SPECIALTY CROP BLOCK GRANT PROGRAM - FARM BILL $19,842 Yes 0
10.446 RURAL COMMUNITY DEVELOPMENT INITIATIVE $16,973 Yes 0
10.520 AGRICULTURE RISK MANAGEMENT EDUCATION PARTNERSHIPS COMPETITIVE GRANTS PROGRAM $10,979 Yes 0
10.186 REGIONAL FOOD BUSINESS CENTERS $7,000 Yes 0

Contacts

Name Title Type
MXMCG6Z98U38 Jan Tusick Auditee
4066765901 Tiffany Stemple Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Lake County Community Development Corporation under programs of the federal government for the year ended June 30, 2025. 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 (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Lake County Community Development Corporation, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Lake County Community Development Corporation.
Lake County Community Development Corporation did have subrecipients for the current period as indicated in the Schedule for the Regional Food Systems Partnerships grant (ALN 10.177). A total of $85,000 was disbursed to contracted subrecipients.
Federal expenditures for the Economic Development Administration RLF were calculated as follows for the year ending June 30, 2025: Award #05-79-06074 2025 EDA RLF loans receivable at June 30, 2025 $ 388,124 EDA RLF cash balance at June 30, 2025 41,291 Administrative expenses paid from EDA RLF income for the year ending June 30, 2025 22,873 Total 452,288 Multiplied by federal grant rate 80% Total Award #05-79-06074 $ 361,830