EIN: 030303186
UEI: JD13ELZ44865
Audited by: Bailey Moore Glazer Schaeffer & Proto LLP
Oversight agency: 14 [Department of Housing and Urban Development]
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Data as of August 28, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on January 2, 2025. 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 July 2, 2025 (423 days ago).
What is a management decision? →The Project failed to make the December deposit to the replacement reserve and did not catch up the deposits when the December voucher was deposited in early January. Cause of Condition: The Project did not get is rental subsidy request which included three months of a retroactive rent increase leaving it in a severe cash shortage. Effect of Condition: The replacement reserve account is under funded by the $2,101 monthly deposit for December. Recommendations: Care should be taken to catchup any missing deposits and return approved loans when the missing vouchers are eventually deposited. Managements Views and Corrective Action Plan: Management's views and corrective action plan is included at the end of this report after the summary schedule of prior audit findings and status.
Show full finding ▾Hide full finding ▴Finding number : 2023-001 ALN: 14.157 - Supportive Housing for the Elderly Grantor: HUD Questioned Costs: $0 Criteria: Section 202 Projects are generally required to make monthly deposits to a replacement reserve account in an amount determined periodically by HUD. Description of Condition: The Project failed to make the December deposit to the replacement reserve and did not catch up the deposits when the December voucher was deposited in early January. Cause of Condition: The Project did not get is rental subsidy request which included three months of a retroactive rent increase leaving it in a severe cash shortage. Effect of Condition: The replacement reserve account is under funded by the $2,101 monthly deposit for December. Recommendations: Care should be taken to catchup any missing deposits and return approved loans when the missing vouchers are eventually deposited. Managements Views and Corrective Action Plan: Management's views and corrective action plan is included at the end of this report after the summary schedule of prior audit findings and status.
Corrective Action Plan September 27, 2024 U.S. Department of Housing & Urban Development 20 Church Street, 10th floor Hartford, CT 06103 St Luke's Senior Housing Inc. respectfully submits the following corrective action plan for St Luke's Senior Housing (Project #Ol 7-EE086) year ended December 31, 2023, which was audited by: Bailey, Moore, Glazer, Schaefer & Proto LLP 16 Lunar Drive Woodbridge, CT 06525 The findings from the 12/31/2023 schedule of findings and questions costs are discussed below and numbered consistently with the numbers assigned in the schedule. FINDINGS- FINANCIAL STATEMENT AUDIT NONE FINDINGS - FEDERAL AW ARD PROGRAMS AUDIT DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Finding number 2023-001: 14.157 Supportive Housing for the Elderly Condition: The Project failed to make the December deposit to the replacement reserve and did not catch up the deposits when the December voucher was deposited in early January. Recommendation: Care should be taken to catchup any missing deposits and return approved loans when the missing vouchers are eventually deposited. Action Taken: The Project made the required deposit to get current. Also, the project will make the required reserve deposit as part of its monthly review of financials to ensure this account is adequately funded.
The Project was late in making its July city real estate tax payment of which the first half is due August 1 of each year incurring a penalty of $1,754.89. This penalty is not an allowed Project cost. Cause of Condition: The Project received a reduced July voucher because of normal adjustments and the August and September vouchers were not paid until October leaving the project unable to pay the taxes on time. Effect of Condition: The Project paid a penalty of $1,754.89 to the City of New Haven. Recommendations: Other sources should be sought out to pay these penalties or other expenses be deferred enabling the taxes to be paid on time. Managements Views and Corrective Action Plan: Other sources should be sought out to pay these penalties or other expenses be deferred enabling the taxes to be paid on time.
Show full finding ▾Hide full finding ▴Finding number : 2023-002 ALN: 14.157 - Supportive Housing for the Elderly Grantor: HUD Questioned Costs: $1,754.89 Criteria: Projects are required to abide by the guidelines of the Compliance Supplement Allowable Costs/Cost Principles which dictate costs which are not allowed in government funded Projects. Description of Condition: The Project was late in making its July city real estate tax payment of which the first half is due August 1 of each year incurring a penalty of $1,754.89. This penalty is not an allowed Project cost. Cause of Condition: The Project received a reduced July voucher because of normal adjustments and the August and September vouchers were not paid until October leaving the project unable to pay the taxes on time. Effect of Condition: The Project paid a penalty of $1,754.89 to the City of New Haven. Recommendations: Other sources should be sought out to pay these penalties or other expenses be deferred enabling the taxes to be paid on time. Managements Views and Corrective Action Plan: Other sources should be sought out to pay these penalties or other expenses be deferred enabling the taxes to be paid on time.
Finding number 2023-002: 14.157 Supportive Housing for the Elderly Condition: The Project was late in making its July city real estate tax payment of which the first half is due August 1 of each year incurring a penalty of $1,754.89. This penalty is not an allowed Project cost. Recommendation: Other sources should be sought out to pay these penalties or other expenses be deferred to enable the taxes to be paid on time. Action Taken: To avoid incurring interest on taxes due in January 2025 and beyond, management has implemented a policy to set aside funds the month prior to the due date to eliminate the risk that delayed subsidy or other funding shortfall makes timely payment impossible. The Project will seek donations or other funding sources to recover funds. If the U.S. Department of Housing and Urban Development has questions regarding this plan, please call Matthew Fontaine at (860) 951-9411 extension 249. Sincerely, Matthew Fontaine, CPA Managing Agent
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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