DREXEL DEVELOPMENT CORPORATION: Single Audit Reports and Findings
DREXEL DEVELOPMENT CORPORATION filed 3 single audits between 2018 and 2020; the most recently observed auditor is SANDERS, MYERS, & BLACKWELL CPAS, LLP (2020), and the 2020 report lists 2 findings. 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; DREXEL DEVELOPMENT CORPORATION is recorded in JOPLIN, Missouri under EIN 237448537, and the Clearinghouse records it as a nonprofit.
| Audit year | Fiscal year end | Federal expended | Threshold applied | Auditor observed | Findings | MW / SD | FAC report |
|---|---|---|---|---|---|---|---|
| 2020 | 2020-12-31 | $790,045 | $750,000 | SANDERS, MYERS, & BLACKWELL CPAS, LLP | 2 | SD | 2020-12-CENSUS-0000226871 |
| 2019 | 2019-12-31 | $782,757 | $750,000 | SANDERS, MYERS, & BLACKWELL CPAS, LLP | 2 | SD | 2019-12-CENSUS-0000226871 |
| 2018 | 2018-12-31 | $776,425 | $750,000 | ELLIOTT, ROBINSON & COMPANY, LLP | 1 | SD | 2018-12-CENSUS-0000226871 |
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 |
|---|---|---|---|
| 10.415 | RURAL RENTAL HOUSING LOANS | $447,804 | Yes |
| 10.447 | THE RURAL DEVELOPMENT (RD) MULTI-FAMILY HOUSING REVITALIZATION DEMONSTRATION PROGRAM (MPR) | $300,373 | Yes |
| 10.427 | RURAL RENTAL ASSISTANCE PAYMENTS | $41,868 | 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 |
|---|---|---|---|
| 2020-002 | P | Significant deficiency | Yes |
Form 990 and IRS registration
Form 990 "accounting fees" (Part IX line 11c) cover all accounting services reported by the organization and are not the price of an audit engagement.
- Most recent return
- 990 for 2025-12
- Total revenue
- $385,647
- Total assets
- $610,241
- Accounting fees (Part IX line 11c)
- $2,000
- Paid preparer
- CHRISTEN SOUERS LLC
- IRS object id
- 202601759349301505
- Exempt under
- 501(c)(4)
- Ruling year
- 1975
- BMF release
- 2026-09-17
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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 DREXEL DEVELOPMENT CORPORATION 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. “DREXEL DEVELOPMENT CORPORATION Single Audits and Findings (MO).” https://getauditradar.com/single-audits/mo/drexel-development-corporation-237448537/. Data as of 2026-09-18.