Kings Crossing Apartments

EIN: 264270887

UEI: CLD1SL6FYYT1

Data as of August 19, 2026

10
Audit Years
3
Total Findings
1
Repeat Findings

FY 2025-12-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on April 29, 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 29, 2026 (70 days from today).

What is a management decision? →
2025-002
Special Tests & Provisions
Condition

Condition: The Project withdrew $15,784 from the replacement reserve account without allowable costs or proper authorization from the U.S Department of Housing and Urban Development. The amount withdrawn was approved for a related HUD Project and accidently drawn from the wrong Project’s replacement reserve account in error. Criteria: The Project may only distribute funds from the replacement reserve upon approval from HUD and for costs related to repair and replacement needs for the project. Cause: Management oversight. Effect: The Project is in violation of its regulatory agreement. Recommendation: The Project should replenish the replacement reserve account for the $15,784 that was withdrawn in error. View of Responsible Officials: The Project agrees and will replenish the replacement reserve account.

Corrective Action Plan

View of Responsible Officials: The Project agrees with the finding and will replenish the replacement reserve by transferring $15,784 from the operating account to the replacement reserve account for the amount that was withdrawn from the replacement reserve in error. Responsible Party: Collyn Iblings, CFO Estimated Completion: Resolved. Funds were properly transferred on March 5, 2026.

About Special Tests and Provisions →

FY 2018-12-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on April 23, 2019. 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 23, 2019, which was (2493 days ago).

What is a management decision? →
2018-002
Cost Allowability
REPEAT
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2017-001

About Allowable Costs / Cost Principles →

FY 2017-12-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on April 27, 2018. 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 27, 2018, which was (2854 days ago).

What is a management decision? →
2017-001
Cost Allowability
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

About Allowable Costs / Cost Principles →

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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