EIN: 274605678
UEI: GSA_MIGRATION
Audited by: BAILEY CPA, LLC
Oversight agency: 14 [Department of Housing and Urban Development]
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Data as of September 2, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on July 27, 2022. 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 January 27, 2023 (1315 days ago).
What is a management decision? →As of December 31, 2021 a withdrawal of $2,180 had been made without obtaining approval from HUD. Cause: Management had approved the transfer of $2,180 to be made to the residual receipts account. The transfer was initiated and made, but inadvertently withdrawn from the reserve for replacement account. During this timeframe the small staff that oversee this project were challenged with Covid-19 issues, as well as a medical and maternity leave. Recommendation: I recommend Pine Meadows on a monthly basis review the reserve accounts and verify any unusual changes in the accounts.
Show full finding ▾Hide full finding ▴III. Federal Award Findings and Questioned Costs Finding 2021-001 ? Special Tests and Provisions ? Replacement Reserve Account Federal program information: Title: Supportive Housing for the Elderly (Section 202) CFDA Number: 14.157 Resolution Status: In Process Information on Universe Population Size: Population size is all transactions in the Replacement Reserve account (12 deposits and 1 withdrawal) for the year ended December 31, 2021. Sample Size Information: Tested 100% of transactions (12 deposits and 1 withdrawal). Identification of Repeat Finding and Finding Reference Number: There are no prior findings. Criteria: The Regulatory Agreement dated February 6, 2012 requires Pine Meadows to make a monthly deposit to the reserve fund for replacements that is maintained in a separate account. Disbursements from this fund are to be made only after receiving consent in writing from the Department of Housing and Urban Development (HUD). Statement of Condition: As of December 31, 2021 a withdrawal of $2,180 had been made without obtaining approval from HUD. Cause: Management had approved the transfer of $2,180 to be made to the residual receipts account. The transfer was initiated and made, but inadvertently withdrawn from the reserve for replacement account. During this timeframe the small staff that oversee this project were challenged with Covid-19 issues, as well as a medical and maternity leave. Recommendation: I recommend Pine Meadows on a monthly basis review the reserve accounts and verify any unusual changes in the accounts.
Auditee?s Response : The transfer of $2,180 was intended to be from our operating account, but was inadvertently taken from the reserve account. We will transfer the funds back to the replacement reserve, and in the future will investigate any unusual or unexpected decreases in the replacement reserve account. As of 6/23/2022 the funds were transferred back to the replacement reserve account.
FAC accepted this audit on April 18, 2021 — management decision was due October 18, 2021.
FAC accepted this audit on June 14, 2020 — management decision was due December 14, 2020.
FAC accepted this audit on April 2, 2019 — management decision was due October 2, 2019.
FAC accepted this audit on September 28, 2017 — management decision was due March 28, 2018.
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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