EIN: 202656477
UEI: GC5KQZDM3VT5
Audited by: BDO USA, P.C.
Oversight agency: 14 [Department of Housing and Urban Development]
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Data as of September 7, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on March 31, 2026. 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 October 1, 2026 (22 days from today).
What is a management decision? →FAC accepted this audit on April 2, 2025 — management decision was due October 2, 2025.
FAC accepted this audit on April 10, 2024 — management decision was due October 10, 2024.
2023-001 – Special Tests and Provisions - Noncompliance Information on Federal Program: U.S. Department of Housing and Urban Development, Award Listing Numbers 14.181. Criteria: 24 CFR section 891.435(a) requires “At the time of the initial execution of the lease, the Owner (or Borrower, as applicable) will require each household (or family, as applicable) occupying an assisted unit or residential space in a group home to pay a security deposit in an amount equal to one month’s tenant rent or $50, whichever is greater. The household (or family) is expected to pay the security deposit from its own resources or other available public or private resources. The Owner (or Borrower) may collect the security deposit on an installment basis.” Conditions: During our review of the chart of accounts for MRCS II, we noted that a separate tenant security deposit account did not exist. Per discussion with management, tenant security deposits were never remitted by tenants to MRCS II. Questioned Costs: None identified. Cause: Security deposits were not requested from tenants by management. Effect: A tenant security deposit account has not been established. Context: At inception, MRCS II submitted for approval to HUD a request to waive the tenant security deposit requirement. Due to the length of time which has passed, MRCS II has been unable to locate within its records any approval or denial from HUD. As a result, MRCS II has not requested for tenants to remit a security deposit upon being admitted as a tenant. Recommendation: We recommend management implements a process to obtain tenant security deposits from all current tenants and to ensure proper procedures are in place to collect tenant security deposits from all new tenants at the time of initial lease and to refund deposits to tenants upon vacating their unit. Views of Responsible Official and Planned Corrective Action: MRCS II agrees with the finding identified. MRCS II’s response to the finding is described in the accompanying management’s corrective action plan.
Show full finding ▾Hide full finding ▴2023-001 – Special Tests and Provisions - Noncompliance Information on Federal Program: U.S. Department of Housing and Urban Development, Award Listing Numbers 14.181. Criteria: 24 CFR section 891.435(a) requires “At the time of the initial execution of the lease, the Owner (or Borrower, as applicable) will require each household (or family, as applicable) occupying an assisted unit or residential space in a group home to pay a security deposit in an amount equal to one month’s tenant rent or $50, whichever is greater. The household (or family) is expected to pay the security deposit from its own resources or other available public or private resources. The Owner (or Borrower) may collect the security deposit on an installment basis.” Conditions: During our review of the chart of accounts for MRCS II, we noted that a separate tenant security deposit account did not exist. Per discussion with management, tenant security deposits were never remitted by tenants to MRCS II. Questioned Costs: None identified. Cause: Security deposits were not requested from tenants by management. Effect: A tenant security deposit account has not been established. Context: At inception, MRCS II submitted for approval to HUD a request to waive the tenant security deposit requirement. Due to the length of time which has passed, MRCS II has been unable to locate within its records any approval or denial from HUD. As a result, MRCS II has not requested for tenants to remit a security deposit upon being admitted as a tenant. Recommendation: We recommend management implements a process to obtain tenant security deposits from all current tenants and to ensure proper procedures are in place to collect tenant security deposits from all new tenants at the time of initial lease and to refund deposits to tenants upon vacating their unit. Views of Responsible Official and Planned Corrective Action: MRCS II agrees with the finding identified. MRCS II’s response to the finding is described in the accompanying management’s corrective action plan.
Finding Number: 2023-001 Program: U.S. Department of Housing and Urban Development, Award Listing Number 14.181 Planned Corrective Action: Management will implement a process to obtain tenant security deposits from all current tenants and to ensure proper procedures are in place to collect tenant security deposits from all new tenants at the time of initial lease and to refund deposits to tenants upon vacating their unit. Person(s) Responsible: Willard Derr, Chief Financial Officer Sylvester Narraine, Senior Director of Finance Brian Wahl, Accounting Supervisor Expected Completion Date: June 30, 2024
FAC accepted this audit on March 29, 2023 — management decision was due September 29, 2023.
FAC accepted this audit on March 28, 2022 — management decision was due September 28, 2022.
FAC accepted this audit on March 29, 2021 — management decision was due September 29, 2021.
FAC accepted this audit on March 22, 2020 — management decision was due September 22, 2020.
FAC accepted this audit on March 28, 2019 — management decision was due September 28, 2019.
FAC accepted this audit on April 16, 2018 — management decision was due October 16, 2018.
FAC accepted this audit on April 24, 2017 — management decision was due October 24, 2017.
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