FAC Explorer

Audit 5980

FY End
2023-07-31
Total Expended
$4.99M
Findings
0
Programs
1
Organization: Gramercy Park Cooperative of Rochester (MN)
Year: 2023 Accepted: 2023-12-10
Auditor: Smith Schafer & Associates

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.126 Mortgage Insurance_cooperative Projects $4.99M Yes 0

Contacts

Name Title Type
V472C6ERZEG3 Jesse Lambrecht Auditee
5072928221 Ben Turnquist Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying Schedule of Federal Awards includes the Federal grant activity of Gramercy Park Cooperative of Rochester and is presented on the accrual basis of accounting. Gramercy Park Cooperative of Rochester has not charged indirect costs to any of the federal programs. Therefore, the election on the 10 percent de minimis indirect cost rate is not applicable as allowed under Uniform Guidance. De Minimis Rate Used: N Rate Explanation: Gramercy Park Cooperative of Rochester has not charged indirect costs to any of the federal programs. Therefore, the election on the 10 percent de minimis indirect cost rate is not applicable as allowed under Uniform Guidance.