FAC Explorer

Audit 56400

FY End
2022-06-30
Total Expended
$87.22M
Findings
0
Programs
20
Organization: Douglas-Cherokee Economic Authority, Inc. (TN)
Year: 2022 Accepted: 2023-03-16
Auditor: Rodefer Moss & CO PLLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
93.600 Head Start $11.36M Yes 0
93.568 Low-Income Home Energy Assistance $6.17M Yes 0
14.155 Mortgage Insurance for the Purchase Or Refinancing of Existing Multifamily Housing Projects $3.68M Yes 0
14.157 Supportive Housing for the Elderly $1.89M Yes 0
93.569 Community Services Block Grant $1.33M Yes 0
10.415 Rural Rental Housing Loans $1.27M Yes 0
93.045 Special Programs for the Aging_title Iii, Part C_nutrition Services $782,983 Yes 0
84.047 Trio_upward Bound $702,017 - 0
10.558 Child and Adult Care Food Program $628,485 - 0
84.287 Twenty-First Century Community Learning Centers $516,609 - 0
84.044 Trio_talent Search $410,891 - 0
14.195 Section 8 Housing Assistance Payments Program $405,592 - 0
93.297 Teenage Pregnancy Prevention Program $300,909 - 0
84.066 Trio_educational Opportunity Centers $233,040 - 0
10.568 Emergency Food Assistance Program (administrative Costs) $91,094 - 0
93.053 Nutrition Services Incentive Program $61,447 - 0
93.044 Special Programs for the Aging_title Iii, Part B_grants for Supportive Services and Senior Centers $40,146 - 0
10.427 Rural Rental Assistance Payments $31,973 - 0
97.024 Emergency Food and Shelter National Board Program $13,167 - 0
14.191 Multifamily Housing Service Coordinators $12,447 - 0

Contacts

Name Title Type
PT74Q7MKNP78 Haley Moore Auditee
4235874500 Curtis Morrison Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: Expenditures reported on the Schedules are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited to reimbursement. Douglas-Cherokee Economic Authority, Inc. uses an 11.60% indirect cost rate approved by the Department of Health and Human Services. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Douglas-Cherokee Economic Authority, Inc. uses an 11.60% indirect cost rate approved by the Department of Health and Human Services. MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS (14.155) - Balances outstanding at the end of the audit period were 4083678. MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS (14.155) - Balances outstanding at the end of the audit period were 3686114. MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS (14.155) - Balances outstanding at the end of the audit period were 2995491. MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS (14.155) - Balances outstanding at the end of the audit period were 3377510. RURAL RENTAL HOUSING LOANS (10.415) - Balances outstanding at the end of the audit period were 803299. RURAL RENTAL HOUSING LOANS (10.415) - Balances outstanding at the end of the audit period were 746596. RURAL RENTAL HOUSING LOANS (10.415) - Balances outstanding at the end of the audit period were 1249280. MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS (14.155) - Balances outstanding at the end of the audit period were 3599585.