IOWA COMMUNITY CAPITAL

EIN: 421502371

UEI: EHNDEYR8FM48

Data as of August 25, 2026

IOWA COMMUNITY CAPITAL1 audit years1 findings
1
Audit Years
1
Total Findings
0
Repeat Findings

FY 2022-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on November 20, 2022. Under 2 CFR 200.521(d), a pass-through entity that provided federal funds to this organization for this audit period must issue a management decision on these findings by May 20, 2023 (1194 days ago).

What is a management decision? →
2022-001
Activities Allowed or Unallowed / Cost Allowability / Eligibility / Reporting
MATERIAL WEAKNESS

Segregation of Duties - One important aspect of internal control is the segregation of duties among personnel to prevent an individual from handling duties which are incompatible. Iowa Community Capital has a limited number of people which have the primary responsibility for most of the accounting and financial duties, as a result some of the aspects or internal control are missing.

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Full finding narrative

Segregation of Duties - One important aspect of internal control is the segregation of duties among personnel to prevent an individual from handling duties which are incompatible. Iowa Community Capital has a limited number of people which have the primary responsibility for most of the accounting and financial duties, as a result some of the aspects or internal control are missing.

Corrective Action Plan

2022-001 Segregation of Duties Over Federal Awards - Continue to review control procedures to obtain the maximum internal control possible under the existing circumstances.

About Activities Allowed or Unallowed, Allowable Costs / Cost Principles, Eligibility, Reporting →

Data source: This information comes from the Federal Audit Clearinghouse, the official repository of Single Audit data. All data is public domain. Verify this organization's audit history at fac.gov.

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