TOWN OF VALDESE: Single Audit Reports and Findings
TOWN OF VALDESE filed 4 single audits between 2018 and 2025; the most recently observed auditor is LOWDERMILK CHURCH & CO., LLP (2025), and the 2025 report lists 0 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; TOWN OF VALDESE is recorded in VALDESE, North Carolina under EIN 566001355, 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 | $2,296,370 | $750,000 | LOWDERMILK CHURCH & CO., LLP | 0 | — | 2025-06-GSAFAC-0000389682 |
| 2022 | 2022-06-30 | $1,000,960 | $750,000 | LOWDERMILK CHURCH & CO., LLP | 0 | — | 2022-06-CENSUS-0000200495 |
| 2021 | 2021-06-30 | $2,840,648 | $750,000 | LOWDERMILK CHURCH & CO., LLP | 0 | — | 2021-06-CENSUS-0000200495 |
| 2018 | 2018-06-30 | $2,109,424 | $750,000 | LOWDERMILK CHURCH & CO., LLP | 0 | — | 2018-06-CENSUS-0000200495 |
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 |
|---|---|---|---|
| 21.027 | CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS | $1,273,809 | Yes |
| 66.458 | CLEAN WATER STATE REVOLVING FUND | $705,781 | Yes |
| 97.036 | DISASTER GRANTS - PUBLIC ASSISTANCE (PRESIDENTIALLY DECLARED DISASTERS) | $152,200 | No |
| 66.458 | CLEAN WATER STATE REVOLVING FUND | $82,900 | Yes |
| 14.228 | COMMUNITY DEVELOPMENT BLOCK GRANTS/STATE'S PROGRAM AND NON-ENTITLEMENT GRANTS IN HAWAII | $56,000 | No |
| 66.458 | CLEAN WATER STATE REVOLVING FUND | $25,680 | Yes |
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.
The most recent report lists no finding.
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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 TOWN OF VALDESE 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. “TOWN OF VALDESE Single Audits and Findings (NC).” https://getauditradar.com/single-audits/nc/town-of-valdese-566001355/. Data as of 2026-09-18.