EIN: 311020019
UEI: Z7LSAE7PM9R1
Data as of August 23, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on June 30, 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 December 30, 2026 (129 days from today).
What is a management decision? →Management did not calculate surplus cash until the calculation was performed by the prior auditors. The surplus cash calculation prepared by the prior auditors was not available until September 23, 2025, the date of the audited financial statements.
Show full finding ▾Hide full finding ▴Management did not calculate surplus cash until the calculation was performed by the prior auditors. The surplus cash calculation prepared by the prior auditors was not available until September 23, 2025, the date of the audited financial statements.
Management will provide documentation to the auditors in a timely manner in order to complete the audit prior to the deadline.
The Company did not provide documentation to the auditors in a timely manner in order to complete the audit prior to the deadline.
Show full finding ▾Hide full finding ▴The Company did not provide documentation to the auditors in a timely manner in order to complete the audit prior to the deadline.
Management will provide documentation to the auditors in a timely manner in order to complete the audit prior to the deadline.
FAC accepted this audit on October 29, 2024 — management decision was due April 29, 2025.
The Project did not make the required deposit to the residual receipts reserve timely. Criteria: HUD regulations require the required deposit to the residual receipts reserve be made within 90 days of year-end. Cause: Management had originally intended to request approval from HUD to waive the required residual receipts deposit. Management ultimately decided not to make this request of HUD. Effect or Potential Effect: The residual receipts reserve was underfunded. Recommendations: The Project should deposit the required amount of $20,679 into the residual receipts reserve. Future required residual receipts deposits should be made timely. Management Comments: Management agrees with the finding and recommendations. The required deposit in the amount of $20,679 was deposited into the residual receipts reserve on February 20, 2024. Future required residual receipts deposits will be made timely. Auditor Non-compliance Code: B - Failure to make required Residual Receipts deposit. Status: Cleared
Show full finding ▾Hide full finding ▴Department of Housing and Urban Development Finding 2023-001 Questioned Costs: $20,679 Information on Universe and Population Size: The population consists of the deposit due to the residual receipts reserve. Sample Size Information: Sampling does not apply. All deposits were tested; 100% of the population was tested. Noncompliance Information: During the year ended December 31, 2023, the Project did not make the required deposit to the residual receipts reserve within 90 days after year-end. Condition: The Project did not make the required deposit to the residual receipts reserve timely. Criteria: HUD regulations require the required deposit to the residual receipts reserve be made within 90 days of year-end. Cause: Management had originally intended to request approval from HUD to waive the required residual receipts deposit. Management ultimately decided not to make this request of HUD. Effect or Potential Effect: The residual receipts reserve was underfunded. Recommendations: The Project should deposit the required amount of $20,679 into the residual receipts reserve. Future required residual receipts deposits should be made timely. Management Comments: Management agrees with the finding and recommendations. The required deposit in the amount of $20,679 was deposited into the residual receipts reserve on February 20, 2024. Future required residual receipts deposits will be made timely. Auditor Non-compliance Code: B - Failure to make required Residual Receipts deposit. Status: Cleared
Corrective Action Plan Prepared by: Name: Kathleen Taylor Position: Accounting Manager Telephone Number: (317) 921-1950 Finding No. 2023-01 A. Comments on the Finding and Each Recommendation: We agree with the finding that the required residual receipts deposit was not made timely. B. Action Taken or Planned on the Finding: Management made the required residual receipt deposit on February 20, 2024.
2022-001
FAC accepted this audit on October 1, 2023 — management decision was due April 1, 2024.
The Project did not make the required deposit to the residual receipts reserve timely. Criteria: HUD regulations require the required deposit to the residual receipts reserve be made within 90 days of year-end. Cause: Management had originally intended to request approval from HUD to waive the required residual receipts deposit. Management ultimately decided not to make this request of HUD and inadvertently missed making the deposit due to turnover in the accounting department. Effect or Potential Effect: The residual receipts reserve was underfunded. Recommendations: The Project should deposit the required amount of $141,592 into the residual receipts reserve. Management Comments: Management agrees with the finding and recommendations. The required deposit in the amount of $141,592 was deposited into the residual receipts reserve on March 31, 2023. Auditor Non-compliance Code: B - Failure to make required Residual Receipts deposit. Status: Cleared
Show full finding ▾Hide full finding ▴Department of Housing and Urban Development Finding 2022-001 Questioned Costs: $141,592 Information on Universe and Population Size: The population consists of the deposit due to the residual receipts reserve. Sample Size Information: Sampling does not apply. All deposits were tested; 100 percent of the population was tested. Noncompliance Information: During the year ended December 31, 2022, the Project did not make the required deposit to the residual receipts reserve within 90 days after year-end. Condition: The Project did not make the required deposit to the residual receipts reserve timely. Criteria: HUD regulations require the required deposit to the residual receipts reserve be made within 90 days of year-end. Cause: Management had originally intended to request approval from HUD to waive the required residual receipts deposit. Management ultimately decided not to make this request of HUD and inadvertently missed making the deposit due to turnover in the accounting department. Effect or Potential Effect: The residual receipts reserve was underfunded. Recommendations: The Project should deposit the required amount of $141,592 into the residual receipts reserve. Management Comments: Management agrees with the finding and recommendations. The required deposit in the amount of $141,592 was deposited into the residual receipts reserve on March 31, 2023. Auditor Non-compliance Code: B - Failure to make required Residual Receipts deposit. Status: Cleared
CORRECTIVE ACTION PLAN Auditee: Mt. Zion Housing Authority of Hammond, Inc. d/b/a Pleasant View HUD Project Number: 073-11344-REFI Audit Firm: MCM CPAs & Advisors LLP Audit Period Ended December 31, 2022 Corrective Action Plan Prepared by: Name: Kathleen Taylor Position: Accounting Manager Telephone Number: (317) 921-1950 A. Current Findings on the Schedule of Findings and Questioned Costs Finding No. 2022-01 A. Comments on the Finding and Each Recommendation: We agree with the finding that the required residual receipts deposit was not made timely. B. Action Taken or Planned on the Finding: Management made the required residual receipt deposit on March 31, 2023. Respectfully submitted, Kathleen Taylor Accounting Manager Triangle Associates, Inc.
FAC accepted this audit on May 4, 2021 — management decision was due November 4, 2021.
The project did not make the required deposit to the Residual Receipts fund timely. Criteria: HUD regulations require that the required deposit to the Residual Receipts fund be made within 90 days after year-end. Cause: The required deposit to the Residual Receipts fund was not made until July 20, 2020. Management had submitted a request to HUD to retain the funds required to be deposited for the Project's operations, and promptly made the deposit once the request was denied by HUD. Effect or Potential Effect: The Residual Receipts fund was temporarily underfunded. Questioned Costs: $65,586; This represents the amount of the late deposit. Recommendation: Management should strengthen procedures for monitoring the timing of the required deposit to the Residual Receipts fund. Views of Responsible Officials and Planned Corrective Actions: Management made the required deposit of $65,586 into the Residual Receipts fund on July 20, 2020. Management has also implemented procedures to ensure that any amounts due to the Residual Receipts fund are made within the 90-day requirement. Auditor Non-compliance Code: B - Failure to make required residual receipts deposit. Status: Cleared
Show full finding ▾Hide full finding ▴Department of Housing and Urban Development Finding No: 2020-001 Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects, CFDA 14.155 and Section 8 Housing Assistance Payments Program, CFDA 14.195. Condition: The project did not make the required deposit to the Residual Receipts fund timely. Criteria: HUD regulations require that the required deposit to the Residual Receipts fund be made within 90 days after year-end. Cause: The required deposit to the Residual Receipts fund was not made until July 20, 2020. Management had submitted a request to HUD to retain the funds required to be deposited for the Project's operations, and promptly made the deposit once the request was denied by HUD. Effect or Potential Effect: The Residual Receipts fund was temporarily underfunded. Questioned Costs: $65,586; This represents the amount of the late deposit. Recommendation: Management should strengthen procedures for monitoring the timing of the required deposit to the Residual Receipts fund. Views of Responsible Officials and Planned Corrective Actions: Management made the required deposit of $65,586 into the Residual Receipts fund on July 20, 2020. Management has also implemented procedures to ensure that any amounts due to the Residual Receipts fund are made within the 90-day requirement. Auditor Non-compliance Code: B - Failure to make required residual receipts deposit. Status: Cleared
Auditee: Mt. Zion Housing Authority of Hammond, Inc. d/b/a Pleasant View HUD Project Number: 073-11344-REFI Audit Firm: MCM CPAs & Advisors LLP Audit Period Ended December 31, 2020 Corrective Action Plan Prepared by: Name: Shirley Malone Position: Regional Manager Telephone Number: (317) 921-1950 A. Current Findings on the Schedule of Findings and Questioned Costs Finding No. 2020-001 A. Comments on the Finding and Each Recommendation: We agree with the finding that the required residual receipts deposit was not made timely. B. Action Taken or Planned on the Finding: Management made the required residual receipt deposit on July 20, 2020 after HUD denied a request to waive the deposit requirement. The status of the finding has been cleared and no further action is required.
2019-001
FAC accepted this audit on May 7, 2020 — management decision was due November 7, 2020.
The project did not make the required deposit to the Residual Receipts fund timely. Criteria: HUD regulations require that the required deposit to the Residual Receipts fund be made within 90 days after year-end. Cause: The required deposit to the Residual Receipts fund was not made until June 5, 2019. Management had submitted a request to HUD to retain the funds required to be deposited for the Project's operations, and promptly made the deposit once the request was denied by HUD. Effect or Potential Effect: The Residual Receipts fund was temporarily underfunded. Questioned Costs: $148,909; This represents the amount of the late deposit. Recommendation: Management should strengthen procedures for monitoring the timing of the required deposit to the Residual Receipts fund. Views of Responsible Officials and Planned Corrective Actions: Management made the required deposit of $148,909 into the Residual Receipts fund on June 5, 2019. Management has also implemented procedures to ensure that any amounts due to the Residual Receipts fund are made within the 90-day requirement. Auditor Non-compliance Code: B - Failure to make required residual receipts deposit. Status: Cleared
Show full finding ▾Hide full finding ▴Department of Housing and Urban Development Finding No: 2019-001 Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects, CFDA 14.155 and Section 8 Housing Assistance Payments Program, CFDA 14.195. Condition: The project did not make the required deposit to the Residual Receipts fund timely. Criteria: HUD regulations require that the required deposit to the Residual Receipts fund be made within 90 days after year-end. Cause: The required deposit to the Residual Receipts fund was not made until June 5, 2019. Management had submitted a request to HUD to retain the funds required to be deposited for the Project's operations, and promptly made the deposit once the request was denied by HUD. Effect or Potential Effect: The Residual Receipts fund was temporarily underfunded. Questioned Costs: $148,909; This represents the amount of the late deposit. Recommendation: Management should strengthen procedures for monitoring the timing of the required deposit to the Residual Receipts fund. Views of Responsible Officials and Planned Corrective Actions: Management made the required deposit of $148,909 into the Residual Receipts fund on June 5, 2019. Management has also implemented procedures to ensure that any amounts due to the Residual Receipts fund are made within the 90-day requirement. Auditor Non-compliance Code: B - Failure to make required residual receipts deposit. Status: Cleared
CORRECTIVE ACTION PLAN Auditee: Mt. Zion Housing Authority of Hammond, Inc. d/b/a Pleasant View HUD Project Number: 073-11344-REFI Audit Firm: MCM CPAs & Advisors LLP Audit Period Ended December 31, 2019 Corrective Action Plan Prepared by: Name: Shirley Malone Position: Regional Manager Telephone Number: (317) 921-1950 A. Current Findings on the Schedule of Findings and Questioned Costs Finding No. 2019-001 A. Comments on the Finding and Each Recommendation: We agree with the finding that the required residual receipts deposit was not made timely. B. Action Taken or Planned on the Finding: Management made the required residual receipt deposit on June 5, 2019 after HUD denied a request to waive the deposit requirement. The status of the finding has been cleared and no further action is required. Respectfully submitted, Shirley Malone Regional Manager Triangle Associates, Inc.
FAC accepted this audit on April 15, 2018 — management decision was due October 15, 2018.
GSA_MIGRATION
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GSA_MIGRATION
2016-001
FAC accepted this audit on April 24, 2017 — management decision was due October 24, 2017.
GSA_MIGRATION
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GSA_MIGRATION
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