Audit 403479

FY End
2025-12-31
Total Expended
$3.63M
Findings
0
Programs
1
Year: 2025 Accepted: 2026-06-10
Auditor: RITZ HOLMAN LLP

Organization Exclusion Status:

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Findings

No findings recorded

Programs

ALN Program Spent Major Findings
11.307 ECONOMIC ADJUSTMENT ASSISTANCE $3.63M Yes 0

Contacts

Name Title Type
REDBC1PVHML5 Jenny Trick Auditee
2628987400 Diana Luttmann Auditor
No contacts on file

Notes to SEFA

The Economic Development Assistance (EDA) retains a federal interest in revolving loan funds (RLF) until the RLF award is terminated or EDA releases its federal interest in the RLF award funds. The Organization calculates the amount of each EDA RLF shown on the schedule of federal awards based on requirements in the OMB Compliance Supplement for the Economic Development Cluster for ALN 11.307, Economic Adjustment Assistance. As of December 31, 2025, loan principal outstanding was $3,059,720 and cash and investment balances were $568,887. The RLF award reported on the SEFA, as required per the compliance supplement, is $ 3,628,607. This RLF loan is funded 100% from federal sources.