FAC Explorer

Audit 7373

FY End
2023-03-31
Total Expended
$6.02M
Findings
0
Programs
2
Organization: Sherman Way Senior Citizen Housing Corporation (CA)
Year: 2023 Accepted: 2023-12-19
Auditor: Dauby O'Connor & Zaleski LLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.155 Mortgage Insurance for the Purchase Or Refinancing of Existing Multifamily Housing Projects $4.90M Yes 0
14.195 Section 8 Housing Assistance Payments Program $1.12M Yes 0

Contacts

Name Title Type
KYCNNZ474UC3 Angel Jaramillo Auditee
3104756083 Emily Rosiello Auditor
No contacts on file

Notes to SEFA

Title: Note 3 Accounting Policies: The schedule of expenditures of federal awards is prepared on the accrual basis of accounting De Minimis Rate Used: N Rate Explanation: The Corporation has elected to not use the 10% de minimis cost rate. The balance of the mortgage loan at March 31, 2023 is $4,763,668.