FAC Explorer

Audit 8969

FY End
2022-12-31
Total Expended
$19.27M
Findings
0
Programs
1
Organization: Applewood Pointe Cooperative of Champlin at Mississippi Crossing (MN)
Year: 2022 Accepted: 2024-01-02
Auditor: Smith Schafer & Associates

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.126 Mortgage Insurance_cooperative Projects $19.27M Yes 0

Contacts

Name Title Type
QPQNQJ18HSP3 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 Applewood Pointe Cooperative of Champlin at Mississippi Crossings and is presented on the accrual basis of accounting. The Cooperative 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: The Cooperative 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.