BRIGHTON BEACH HOUSING DEVELOPMENT FUND CO INC.

EIN: 133042331

UEI: ZFG1BBFHSM67

Data as of August 23, 2026

BRIGHTON BEACH HOUSING DEVELOPMENT FUND CO INC.10 audit years2 findings
10
Audit Years
2
Total Findings
0
Repeat Findings

FY 2023-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on February 8, 2024. 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 August 8, 2024 (746 days ago).

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2023-002
Reporting

The accounting records required numerous material adjustments to be proposed and recorded in order for the financial statements to be fairly presented in accordance with generally accepted accounting principles in the United States of America.

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The accounting records required numerous material adjustments to be proposed and recorded in order for the financial statements to be fairly presented in accordance with generally accepted accounting principles in the United States of America.

Corrective Action Plan

The condition noted was due to improper set up of the general ledger system in which automatic journal entries were generated that incorrectly posted cash receipts as deferred income creating difficulty in reconciling tenant receivable balances. We are collaborating with a third-party consultant to correct this issue and will have the condition corrected by June 30, 2024.

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FY 2022-06-30

FAC accepted this audit on November 18, 2022 — management decision was due May 18, 2023.

2022-001
Cash Management
QUESTIONED COSTS

Criteria

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Criteria

Corrective Action Plan

We agree with the finding and plan to implement a procedure whereby the

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