PEABODY HOUSING AUTHORITY

EIN: 046003672

UEI: TNFVASFZZEA7

Data as of August 26, 2026

PEABODY HOUSING AUTHORITY9 audit years2 findings
9
Audit Years
2
Total Findings
0
Repeat Findings

FY 2024-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on June 26, 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 December 26, 2025 (244 days ago).

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2024-002
Reporting

2024-002 – REPORTING Significant Deficiency/Other Noncompliance U.S. Department of Housing and Urban Development CFDA #: 14.871 – Housing Choice Vouchers CRITERIA The unaudited FDS was required to be submitted to HUD by September 15, 2024. CONDITION The Authority’s unaudited FDS was submitted to HUD on March 26, 2025. CAUSE The Authority’s internal control processes were not sufficient to ensure timely filing of the unaudited FDS. EFFECT As a result of not submitting the FDS timely, HUD was limited in its ability to conduct proper monitoring and oversight of federal programs. QUESTIONED COSTS None identified. CONTEXT The Authority submits the unaudited FDS annually. Our testing of the reporting requirement was limited to the single occurrence of the annual filing. REPEAT FINDING Not a repeat finding. RECOMMENDATION We recommend that the Authority ensure its year-end closing process is sufficient to allow or the timely filing of the unaudited FDS. AUDITEE’S RESPONSE AND PLANNED CORRECTIVE ACTION See Corrective Action Plan.

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Full finding narrative

2024-002 – REPORTING Significant Deficiency/Other Noncompliance U.S. Department of Housing and Urban Development CFDA #: 14.871 – Housing Choice Vouchers CRITERIA The unaudited FDS was required to be submitted to HUD by September 15, 2024. CONDITION The Authority’s unaudited FDS was submitted to HUD on March 26, 2025. CAUSE The Authority’s internal control processes were not sufficient to ensure timely filing of the unaudited FDS. EFFECT As a result of not submitting the FDS timely, HUD was limited in its ability to conduct proper monitoring and oversight of federal programs. QUESTIONED COSTS None identified. CONTEXT The Authority submits the unaudited FDS annually. Our testing of the reporting requirement was limited to the single occurrence of the annual filing. REPEAT FINDING Not a repeat finding. RECOMMENDATION We recommend that the Authority ensure its year-end closing process is sufficient to allow or the timely filing of the unaudited FDS. AUDITEE’S RESPONSE AND PLANNED CORRECTIVE ACTION See Corrective Action Plan.

Corrective Action Plan

2024-002 – REPORTING Auditee’s Response and Planned Corrective Action The Executive Director will work with the Fee Accountant in order to review and enhance year end close processes to ensure accuracy and timeliness of reporting. Planned Implementation Date of Corrective Action: June 30, 2025 Person Responsible for Corrective Action: Anne Marie Burns, Executive Director

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FY 2019-06-30

FAC accepted this audit on March 26, 2020 — management decision was due September 26, 2020.

2019-001
Reporting
MATERIAL WEAKNESS

2019-001 ? Noncompliance: Reporting Material Weakness/Material Noncompliance U.S. Department of Housing and Urban Development CFDA #: 14.871 ? Housing Choice Voucher Program CFDA #: 14.879 ? Mainstream Vouchers CRITERIA Financial Reports (0MB No. 2535-0107) - Financial Assessment Sub- system, FASS-PH. The Uniform Financial Reporting Standards (24 CFR section 5.801) require PHAs to submit timely GAAP-based unaudited and audited financial information electronically to HUD. The FASSPH system is one of HUD's main monitoring and oversight systems for the HCVP. CONDITION The Authority?s unaudited FDS was submitted on January 21, 2020, beyond the deadline of September 15, 2019. CAUSE The Authority?s fee accountant was responsible for completing the submission. Neither the fee accountant or the Authority recognized that the deadline passed without the FDS being submitted. EFFECT As a result of not submitting the FDS timely, HUD was limited in its ability to conduct monitoring and oversight of federal programs. QUESTIONED COSTS None identified. CONTEXT The Authority submits the unaudited FDS annually. Our testing of the reporting requirement was limited to the single occurrence of the annual filing. PEABODY HOUSING AUTHORITY SCHEDULE OF FINDINGS AND QUESTIONED COSTS FOR THE YEAR ENDED JUNE 30, 2019 54 SECTION III - FEDERAL AWARD FINDINGS AND QUESTIONED COSTS (CONTINUED) 2019-001 ? Noncompliance: Reporting (Continued) REPEAT FINDING Not a repeat finding. RECOMMENDATION We recommend that the Authority improve year-end communication with the fee accountant to ensure that the unaudited FDS is filed in a timely manner. AUDITEE?S RESPONSE AND PLANNED CORRECTIVE ACTION See Corrective Action Plan.

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Full finding narrative

2019-001 ? Noncompliance: Reporting Material Weakness/Material Noncompliance U.S. Department of Housing and Urban Development CFDA #: 14.871 ? Housing Choice Voucher Program CFDA #: 14.879 ? Mainstream Vouchers CRITERIA Financial Reports (0MB No. 2535-0107) - Financial Assessment Sub- system, FASS-PH. The Uniform Financial Reporting Standards (24 CFR section 5.801) require PHAs to submit timely GAAP-based unaudited and audited financial information electronically to HUD. The FASSPH system is one of HUD's main monitoring and oversight systems for the HCVP. CONDITION The Authority?s unaudited FDS was submitted on January 21, 2020, beyond the deadline of September 15, 2019. CAUSE The Authority?s fee accountant was responsible for completing the submission. Neither the fee accountant or the Authority recognized that the deadline passed without the FDS being submitted. EFFECT As a result of not submitting the FDS timely, HUD was limited in its ability to conduct monitoring and oversight of federal programs. QUESTIONED COSTS None identified. CONTEXT The Authority submits the unaudited FDS annually. Our testing of the reporting requirement was limited to the single occurrence of the annual filing. PEABODY HOUSING AUTHORITY SCHEDULE OF FINDINGS AND QUESTIONED COSTS FOR THE YEAR ENDED JUNE 30, 2019 54 SECTION III - FEDERAL AWARD FINDINGS AND QUESTIONED COSTS (CONTINUED) 2019-001 ? Noncompliance: Reporting (Continued) REPEAT FINDING Not a repeat finding. RECOMMENDATION We recommend that the Authority improve year-end communication with the fee accountant to ensure that the unaudited FDS is filed in a timely manner. AUDITEE?S RESPONSE AND PLANNED CORRECTIVE ACTION See Corrective Action Plan.

Corrective Action Plan

Please be advised below is Peabody Housing Authority's Corrective Action Plan for Finding 2019-001 Noncompliance: Reporting: The late filing of the unaudited FDS was an error as it relates to the year end process. The PHA will add to its year end checklist and calendar the FDS unaudited submittal due date and confirm with our fee accountant that it has been completed according to the requirements of the 24 CFR section 5.801. If you have any questions or need anything further please feel free to contact at 978-531-193 8 or via email at amburns@peabodyhousing.org.

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