FAC Explorer

Audit 42615

FY End
2022-12-31
Total Expended
$25.24M
Findings
0
Programs
21
Organization: Community Ventures Corporation (KY)
Year: 2022 Accepted: 2023-06-12
Auditor: Breeding Henderson & Hord PLLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
21.014 Community Development Financial Institutions Bond Guarantee Program $10.26M Yes 0
59.046 Microloan Program $4.94M - 0
21.020 Community Development Financial Institutions Program $1.49M - 0
10.767 Intermediary Relending Program $1.35M - 0
10.766 Community Facilities Loans and Grants $983,820 - 0
23.001 Appalachian Regional Development (see Individual Appalachian Programs) $873,875 Yes 0
93.570 Community Services Block Grant_discretionary Awards $500,000 - 0
99.000 Neighborhood Revinestment Corporation - Expendable Grant $287,845 - 0
99.000 Neighborhood Reinvestment Corporation - Capital Grant $275,000 - 0
10.870 Rural Microentrepreneur Assistance Program $272,329 Yes 0
14.239 Home Investment Partnerships Program $203,200 - 0
21.024 Community Development Financial Institutions Rapid Response Program (cdfi Rrp) $191,940 - 0
11.307 Economic Adjustment Assistance $184,960 - 0
59.043 Women's Business Ownership Assistance $111,310 - 0
21.025 Small Dollar Loan Program $64,810 - 0
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $63,787 - 0
45.024 Promotion of the Arts_grants to Organizations and Individuals $51,401 - 0
10.446 Rural Community Development Initiative $50,000 - 0
14.169 Housing Counseling Assistance Program $28,302 - 0
59.059 Sba Congressional Community Project Fund $12,944 - 0
59.050 Prime Technical Assistance $7,897 - 0

Contacts

Name Title Type
PYEHKE878KN6 Otis Singleton Auditee
8592310054 Chuck Hord Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: Significant accounting policies used in preparing the Supplementary Schedule of Expenditures of Federal Awards are the same as those used to prepare the basic consolidated financial statements and are disclosed in Note 1 to the consolidated financial statements (pages 10 of 52 through 14 of 52). De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate. INTERMEDIARY RELENDING PROGRAM (10.767) - Balances outstanding at the end of the audit period were 1291175. COMMUNITY FACILITIES LOANS AND GRANTS (10.766) - Balances outstanding at the end of the audit period were 963655. RURAL MICROENTREPRENEUR ASSISTANCE PROGRAM (10.870) - Balances outstanding at the end of the audit period were 243969. COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM (21.020) - Balances outstanding at the end of the audit period were 1360000. COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS BOND GUARANTEE PROGRAM (21.014) - Balances outstanding at the end of the audit period were 9963165. MICROLOAN PROGRAM (59.046) - Balances outstanding at the end of the audit period were 3570139.