Illinois Finance Authority: Single Audit Reports and Findings
Illinois Finance Authority filed 1 single audit between 2025 and 2025; the most recently observed auditor is RSM US LLP (2025), and the 2025 report lists 1 finding. Data as of 2026-09-18.
Data as of Sep 18, 2026 · Source: Federal Audit Clearinghouse (public data)
Single audits by year
One row per audit year as the Federal Audit Clearinghouse accepted it. The auditor named is the one observed on that filing; Illinois Finance Authority is recorded in CHICAGO, Illinois under EIN 861091967, and the Clearinghouse records it as a local government.
| Audit year | Fiscal year end | Federal expended | Threshold applied | Auditor observed | Findings | MW / SD | FAC report |
|---|---|---|---|---|---|---|---|
| 2025 | 2025-06-30 | $1,636,725 | $750,000 | RSM US LLP | 1 | — | 2025-06-GSAFAC-0000387592 |
Which federal programs did this organization report?
From the most recent accepted report. "Major" is the designation the auditor made under 2 CFR 200.518, not ours.
| ALN | Program | Expended | Major |
|---|---|---|---|
| 66.959 | GREENHOUSE GAS REDUCTION FUND: SOLAR FOR ALL | $696,622 | Yes |
| 81.041 | STATE ENERGY PROGRAM | $313,476 | No |
| 66.046 | CLIMATE POLLUTION REDUCTION GRANTS | $238,723 | No |
| 81.254 | GRID INFRASTRUCTURE DEPLOYMENT AND RESILIENCE | $222,770 | No |
| 20.205 | HIGHWAY PLANNING AND CONSTRUCTION | $143,729 | No |
| 81.042 | WEATHERIZATION ASSISTANCE FOR LOW-INCOME PERSONS | $15,017 | No |
| 66.957 | GREENHOUSE GAS REDUCTION FUND: NATIONAL CLEAN INVESTMENT FUND | $6,388 | No |
What findings did the auditor report?
The reference and the requirement letter are the ones the auditor used. The finding text itself is not reproduced here; the FAC report linked above carries it in full.
| Reference | Requirement | Severity | Repeat |
|---|---|---|---|
| 2025-001 | A | Material weakness | No |
Read next
- CPA firms that audit Illinois nonprofits
- Illinois single audit statistics
- Illinois nonprofit audit requirements
How we computed this
Every row comes from the Federal Audit Clearinghouse record named beside it, one report per audit year, with a resubmission superseding the filing it replaces. The auditor is the one named on that filing — it is not a statement about who audits Illinois Finance Authority now. Form 990 figures come from the IRS e-filed return named by its object id. This page exists because the organization filed at least two single audits, or one with a finding.
Cite this page
AuditRadar. “Illinois Finance Authority Single Audits and Findings (IL).” https://getauditradar.com/single-audits/il/illinois-finance-authority-861091967/. Data as of 2026-09-18.