U.S. Department of Treasury VCC Social Enterprises Inc. and Subsidiaries respectfully submits the following corrective action plan for the year ended December 31, 2022. Name and address of independent public accounting firm: Brown, Edwards & Company, L.L.P. 105 Arbor Drive, 3rd Floor, Christiansburg, VA 24073 Audit Period: Year ending December 31, 2022 The findings from the December 31, 2022 schedule of findings and questioned costs are discussed below. The findings are numbers consistently with the numbers assigned in the schedule. Section A of the schedule, Summary of Audit Results, does not include findings and is not addressed. Findings ? Financial Statement Audit NONE Findings ? Federal Award Programs Audits U.S. Department of the Treasury 2022-001: Community Development Financial Institutions Fund Assistance Listing No. 21.020 and Capital Magnet Assistance Listing No. 21.011. Recommendation: We recommend that the Organization develop a process to track the filing of the data collection form and reporting package. Action Taken: The Financial Reporting Manager and Executive Director of Finance will add tracking of the data collection form and reporting package to their formal task lists to ensure filing is complete and timely. Name of Contact Person: Ashley Coleman, Executive Director of Finance Signature of Contact Person: ______________________________________