EIN: 222579445
UEI: R31HHG2JPXC3
Audited by: Whittlesey PC
Oversight agency: 10 [Department of Agriculture]
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Showing data from August 28, 2026 — the Federal Audit Clearinghouse is under high demand right now, so this couldn't be refreshed. This is the most recent data on record, not necessarily today's.
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on September 30, 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 March 30, 2026 (155 days ago).
What is a management decision? →The Project maintained a separate bank account for the reserves, however the account was not fully funded. Effect: The reserve bank account is underfunded by approximately $48,000. Cause: Not all monthly budgeted transfers were made to ensure the account is fully funded. Recommendation: The Project should implement a process to ensure the reserve bank account is fully funded. Reporting Views of Responsible Officials: Management agrees with the finding, see the Corrective Action Plan.
Show full finding ▾Hide full finding ▴Finding No. 2024-003 – Reserve Account Funding – Other Matter Criteria: The Project’s reserve account must be fully funded and maintained in a separate bank account. Condition: The Project maintained a separate bank account for the reserves, however the account was not fully funded. Effect: The reserve bank account is underfunded by approximately $48,000. Cause: Not all monthly budgeted transfers were made to ensure the account is fully funded. Recommendation: The Project should implement a process to ensure the reserve bank account is fully funded. Reporting Views of Responsible Officials: Management agrees with the finding, see the Corrective Action Plan.
Unfortunately, the Reserve Account Funding has been a repeated finding and is of concern to Safe Harbor’s Board of Directors. The Board of Directors has communicated to Wildwood Property Management, LLC that it would like to have the reserves fully funded. The Board of Directors will work with Wildwood Property Management, LLC to commit to a schedule to fully fund the reserve.
2023-002
The Project did not file its federal single audit for the year ended December 31, 2023 by the due date of September 30, 2024. Effect: The Project is not in compliance with the reporting requirement. Cause: Significant delays in the audit process resulting in the late filing. Recommendation: The Project should implement a process to ensure the single audit is filed timely. Reporting Views of Responsible Officials: Management agrees with the finding, see the Corrective Action Plan.
Show full finding ▾Hide full finding ▴Finding No. 2024-004 – Single Audit Report Filing – Other Matter Criteria: The Project must file a federal single audit the earlier of thirty calendar days after receiving the auditors’ report or nine months after the end of the audit period. Condition: The Project did not file its federal single audit for the year ended December 31, 2023 by the due date of September 30, 2024. Effect: The Project is not in compliance with the reporting requirement. Cause: Significant delays in the audit process resulting in the late filing. Recommendation: The Project should implement a process to ensure the single audit is filed timely. Reporting Views of Responsible Officials: Management agrees with the finding, see the Corrective Action Plan.
Safe Harbor’s Board of Directors will be taking a proactive role and securing an auditor going forward to ensure that its federal single audits are filed on time.
FAC accepted this audit on June 4, 2025 — management decision was due December 4, 2025.
During our audit testing, we noted that while the Project maintained a separate bank account for reserve funds, it was not funded in accordance with the budget. Cause: Budgeted transfers were not made before yearend to ensure the account is fully funded. Effect: Reserve bank account is underfunded. Questioned Costs: None noted. Recommendation: The Project should implement controls to ensure that the reserve bank account is fully funded. Management’s Views and Corrective Action Plan: Management will correct this when sufficient funds are available and able to be transferred into the reserve account.
Show full finding ▾Hide full finding ▴OTHER MATTERS 2023-002 RESERVE ACCOUNT FUNDING Criteria: The Project’s reserve account must be fully funded in accordance with the budget as approved by USDA-RD and maintained in a separate bank account. Condition: During our audit testing, we noted that while the Project maintained a separate bank account for reserve funds, it was not funded in accordance with the budget. Cause: Budgeted transfers were not made before yearend to ensure the account is fully funded. Effect: Reserve bank account is underfunded. Questioned Costs: None noted. Recommendation: The Project should implement controls to ensure that the reserve bank account is fully funded. Management’s Views and Corrective Action Plan: Management will correct this when sufficient funds are available and able to be transferred into the reserve account.
2023-002 RESERVE ACCOUNT FUNDING Criteria: The Project’s reserve account must be fully funded in accordance with the budget as approved by USDA-RD and maintained in a separate bank account. Condition: During our audit testing, we noted that while the Project maintained a separate bank account for reserve funds, it was not funded in accordance with the budget. Cause: Budgeted transfers were not made before yearend to ensure the account is fully funded. Effect: Reserve bank account is underfunded. Questioned Costs: None noted. Recommendation: The Project should implement controls to ensure that the reserve bank account is fully funded. Management’s Views and Corrective Action Plan: Management will correct this when sufficient funds are available and able to be transferred into the reserve account.
2022-002
FAC accepted this audit on December 15, 2023 — management decision was due June 15, 2024.
During our audit testing, we noted that while the Project maintained a separate bank account for reserve funds, it was not funded in accordance with the budget. Cause: Budgeted transfers were not made before yearend to ensure the account is fully funded. Effect: Reserve bank account is underfunded. Questioned Costs: None noted. Recommendation: The Project should implement controls to ensure that the reserve bank account is fully funded. Management’s Views and Corrective Action Plan: Management will correct this when sufficient funds are available and able to be transferred into the reserve account.
Show full finding ▾Hide full finding ▴2022-002 RESERVE ACCOUNT FUNDING Criteria: The Project’s reserve account must be fully funded in accordance with the budget as approved by USDA-RD and maintained in a separate bank account. Condition: During our audit testing, we noted that while the Project maintained a separate bank account for reserve funds, it was not funded in accordance with the budget. Cause: Budgeted transfers were not made before yearend to ensure the account is fully funded. Effect: Reserve bank account is underfunded. Questioned Costs: None noted. Recommendation: The Project should implement controls to ensure that the reserve bank account is fully funded. Management’s Views and Corrective Action Plan: Management will correct this when sufficient funds are available and able to be transferred into the reserve account.
2022-002 RESERVE ACCOUNT FUNDING Criteria: The Project’s reserve account must be fully funded in accordance with the budget as approved by USDA-RD and maintained in a separate bank account. Condition: During our audit testing, we noted that while the Project maintained a separate bank account for reserve funds, it was not funded in accordance with the budget. Cause: Budgeted transfers were not made before yearend to ensure the account is fully funded. Effect: Reserve bank account is underfunded. Questioned Costs: None noted.Recommendation: The Project should implement controls to ensure that the reserve bank account is fully funded. Management’s Views and Corrective Action Plan: Management will correct this when sufficient funds are available and able to be transferred into the reserve account.
2021-002
FAC accepted this audit on February 12, 2023 — management decision was due August 12, 2023.
During our audit testing, we noted that while the Project maintained a separate bank account for reserve funds, it was not funded in accordance with the budget. Cause: Yearly budgeted transfers were not made before yearend to ensure the account is fully funded. Effect: Reserve bank account is underfunded. Questioned Costs: None noted. Recommendation: The Project should implement controls to ensure that the reserve bank account is fully funded. Management?s Views and Corrective Action Plan: Management will correct this when sufficient funds are available and able to be transferred into the reserve account.
Show full finding ▾Hide full finding ▴Criteria: The Project?s reserve account must be fully funded in accordance with the budget as approved by USDA-RD and maintained in a separate bank account. Condition: During our audit testing, we noted that while the Project maintained a separate bank account for reserve funds, it was not funded in accordance with the budget. Cause: Yearly budgeted transfers were not made before yearend to ensure the account is fully funded. Effect: Reserve bank account is underfunded. Questioned Costs: None noted. Recommendation: The Project should implement controls to ensure that the reserve bank account is fully funded. Management?s Views and Corrective Action Plan: Management will correct this when sufficient funds are available and able to be transferred into the reserve account.
SAFE HARBOR, INC. d/b/a SAFE HARBOR -1- CORRECTIVE ACTION PLAN February 13, 2023 Federal Audit Clearinghouse 1201 East 10th Street Jefferson, Indiana 47132 Safe Harbor, Inc. d/b/a Safe Harbor (the Project) respectfully submits the following Corrective Action Plan for the year ended December 31, 2021. Hoyt, Filippetti & Malaghan, LLC 1041 Poquonnock Road Groton, Connecticut 06340 Audit Period: Year ended December 31, 2021 The findings from the December 31, 2021 Schedule of Federal Findings and Questioned Costs are discussed below. The findings are numbered consistently with the numbers assigned in the schedule. 2021-001 ENDOWMENT POLICY Criteria: The Project must have an endowment policy related to return objectives and risk parameters, strategies employed for achieving objectives, and a spending policy. Condition: During our audit testing, we noted the Project did not have a formal endowment policy. Cause: There is no endowment policy. Effect: Lack of governance surrounding the endowment. Questioned Costs: None noted. Recommendation: Using the Uniform Prudent Management of Institutional Funds Act as guidance, we recommend the Project develop a formal endowment policy. Management?s Views and Corrective Action Plan: Management will work to develop an Endowment policy. 2021-002 RESERVE ACCOUNT FUNDING Criteria: The Project?s reserve account must be fully funded in accordance with the budget as approved by USDA-RD and maintained in a separate bank account. Condition: During our audit testing, we noted that while the Project maintained a separate bank account for reserve funds, it was not funded in accordance with the budget. Cause: Yearly budgeted transfers were not made before yearend to ensure the account is fully funded. Effect: Reserve bank account is underfunded. Questioned Costs: None noted. -2- 2021-002 RESERVE ACCOUNT FUNDING (Continued) Recommendation: The Project should implement controls to ensure that the reserve bank account is fully funded. Management?s Views and Corrective Action Plan: Management will correct this when sufficient funds are available and able to be transferred into the reserve account. If you have any questions regarding this plan, please contact Matthew Scibek at 860-
2020-001
FAC accepted this audit on May 17, 2021 — management decision was due November 17, 2021.
FINDING NO. 2020-001: Rural Rental Housing Loans, CFDA 10.415 CRITERIA: In accordance with RD regulations replacement reserve accounts are funded through required monthly transfers from operating cash funds and held for replacement of property and other uses with the approval of RD. CONDITION: During the year ended December 31, 2020 Safe Harbor, Inc. did not deposit the full amount of its budgeted deposits to its replacement reserve account. At December 31, 2020 the replacement reserve account was underfunded $8,850. CAUSE OF CONDITION: Operating cash funds were not sufficient to make the required transfers to the replacement reserve account. EFFECT OR POTENTIAL EFFECT: The Replacement Reserve account was not funded as required. RECOMMENDATION: As soon as operating funds are available the underfunding should be transferred to the replacement reserve account. VIEWS OF RESPONSIBLE OFFICIALS: Safe Harbor, Inc. agrees with the finding and the auditor's recommendation. During January and February 2021 funds were transferred to the replacement reserve account to eliminate the underfunding.
Show full finding ▾Hide full finding ▴FINDING NO. 2020-001: Rural Rental Housing Loans, CFDA 10.415 CRITERIA: In accordance with RD regulations replacement reserve accounts are funded through required monthly transfers from operating cash funds and held for replacement of property and other uses with the approval of RD. CONDITION: During the year ended December 31, 2020 Safe Harbor, Inc. did not deposit the full amount of its budgeted deposits to its replacement reserve account. At December 31, 2020 the replacement reserve account was underfunded $8,850. CAUSE OF CONDITION: Operating cash funds were not sufficient to make the required transfers to the replacement reserve account. EFFECT OR POTENTIAL EFFECT: The Replacement Reserve account was not funded as required. RECOMMENDATION: As soon as operating funds are available the underfunding should be transferred to the replacement reserve account. VIEWS OF RESPONSIBLE OFFICIALS: Safe Harbor, Inc. agrees with the finding and the auditor's recommendation. During January and February 2021 funds were transferred to the replacement reserve account to eliminate the underfunding.
SAFE HARBOR, INC. dba Safe Harbor C/O Wildwood Property Management, LLC 2080 Silas Deane Highway, Suite 102B Rocky Hill, CT 06067 Tel: 860-398-5425 Fax: 860-398-5429 www.wildwoodmgt.com CORRECTIVE ACTION PLAN April 26, 2021 U.S. Department of Agriculture, Rural Development Windsor Service Center 100 Northfield Drive, 4th Floor Windsor, CT 06095-4729 Safe Harbor, Inc. respectfully submits the following corrective action plan for the year ended December 31, 2020. Name and address of independent public accounting firm: Alan J. Tucker Certified Public Accountant 26 Honey Hill Rd. Norwalk, CT 06851 Audit Period: Year ended December 31, 2020. The findings from the Schedule of Findings and Questioned Costs for the year ended December 31, 2020 are discussed below. The finding is numbered consistently with the numbers assigned in the Schedule. Section I of the Schedule, Summary of Auditor's Results and Section II, Findings - Financial Statements Audit, do not include findings and are not addressed. SECTION III. FINDINGS AND QUESTIONED COSTS - MAJOR FEDERAL AWARD PROGRAMS AUDIT: U.S. DEPARTMENT OF AGRICULTURE, RURAL DEVELOPMENT FINDING NO. 2020-001: Rural Rental Housing Loans, CFDA 10.415 Recommendation: As soon as operating funds are available the underfunding should be transferred to the replacement reserve account. Action taken: During January and February 2021 funds were transferred to the replacement reserve account to eliminate the underfunding. Johanne L'Italien Controller Wildwood Property Management, LLC 2080 Silas Deane Highway, Suite 102B Rocky Hill, CT 06067 860-398-5425 www.wildwoodmgt.com Hearing Impaired Use 1-800-842-9709 This institution is an equal opportunity provider and employer.
FAC accepted this audit on April 21, 2020 — management decision was due October 21, 2020.
FINDING NO. 2019-001: Rural Rental Housing Loans, CFDA 10.415 CRITERIA: In accordance with RD regulations replacement reserve accounts are funded through required monthly transfers from operating cash funds and held for replacement of property and other uses with the approval of RD. CONDITION: During the year ended December 31, 2019 Safe Harbor, Inc. did not deposit the full amount of its budgeted deposits to its replacement reserve account. At December 31, 2019 the replacement reserve account was underfunded $13,265. CAUSE OF CONDITION: Operating cash funds were not sufficient to make the required transfers to the replacement reserve account. EFFECT OR POTENTIAL EFFECT: The Replacement Reserve account was not funded as required. RECOMMENDATION: As soon as operating funds are available the underfunding should be transferred to the replacement reserve account. VIEWS OF RESPONSIBLE OFFICIALS: Safe Harbor, Inc. agrees with the finding and the auditor's recommendation. On February 24, 2020 funds were transferred to the replacement reserve account to eliminate the underfunding.
Show full finding ▾Hide full finding ▴FINDING NO. 2019-001: Rural Rental Housing Loans, CFDA 10.415 CRITERIA: In accordance with RD regulations replacement reserve accounts are funded through required monthly transfers from operating cash funds and held for replacement of property and other uses with the approval of RD. CONDITION: During the year ended December 31, 2019 Safe Harbor, Inc. did not deposit the full amount of its budgeted deposits to its replacement reserve account. At December 31, 2019 the replacement reserve account was underfunded $13,265. CAUSE OF CONDITION: Operating cash funds were not sufficient to make the required transfers to the replacement reserve account. EFFECT OR POTENTIAL EFFECT: The Replacement Reserve account was not funded as required. RECOMMENDATION: As soon as operating funds are available the underfunding should be transferred to the replacement reserve account. VIEWS OF RESPONSIBLE OFFICIALS: Safe Harbor, Inc. agrees with the finding and the auditor's recommendation. On February 24, 2020 funds were transferred to the replacement reserve account to eliminate the underfunding.
SAFE HARBOR, INC. dba Safe Harbor C/O Wildwood Property Management, LLC 162 West Street, Suite D Cromwell, CT 06416 Tel: 860-398-5425 Fax: 860-398-5429 www.wildwoodmgt.com CORRECTIVE ACTION PLAN March 25, 2020 U.S. Department of Agriculture, Rural Development Windsor Service Center 100 Northfield Drive, 4th Floor Windsor, CT 06095-4729 Safe Harbor, Inc. respectfully submits the following corrective action plan for the year ended December 31, 2019. Name and address of independent public accounting firm: Alan J. Tucker Certified Public Accountant 26 Honey Hill Rd. Norwalk, CT 06851 Audit Period: Year ended December 31, 2019. The findings from the Schedule of Findings and Questioned Costs for the year ended December 31, 2019 are discussed below. The finding is numbered consistently with the numbers assigned in the Schedule. Section I of the Schedule, Summary of Auditor's Results and Section II, Findings - Financial Statements Audit, do not include findings and are not addressed. SECTION III. FINDINGS AND QUESTIONED COSTS - MAJOR FEDERAL AWARD PROGRAMS AUDIT: U.S. DEPARTMENT OF AGRICULTURE, RURAL DEVELOPMENT FINDING NO. 2019-001: Rural Rental Housing Loans, CFDA 10.415 Recommendation: As soon as operating funds are available the underfunding should be transferred to the replacement reserve account. Action taken: On February 24, 2020 funds were transferred to the replacement reserve account to eliminate the underfunding. Johanne L'Italien Controller Wildwood Property Management, LLC 162 West Street, suite D Cromwell, CT 06416 860-398-5425 www.wildwoodmgt.com Hearing Impaired Use 1-800-842-9709 This institution is an equal opportunity provider and employer.
2018-001
FAC accepted this audit on May 14, 2019 — management decision was due November 14, 2019.
GSA_MIGRATION
Show full finding ▾Hide full finding ▴FAC accepted this audit on September 27, 2018 — management decision was due March 27, 2019.
FAC accepted this audit on December 10, 2017 — management decision was due June 10, 2018.
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