EIN: 311335587
UEI: LGJZWM8JFR98
Data as of August 21, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on April 3, 2024. 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 3, 2024 (688 days ago).
What is a management decision? →Assistance Listing (Federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing 14.181 (073-HH001 and 1990) Auditor non-compliance code: N-Reserve for Replacement Deposits Finding resolution status: Outstanding Universe population size: 12 months of deposits to the reserve for replacements Sample size information: 12 months of deposits to the reserve for replacements Statistically valid sample: Yes Name of Federal agency: U.S. Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $2,236 Statement of condition 2023-001: The Corporation did not make all of the reserve for replacement deposits as required by HUD for the year ended June 30, 2023. Criteria: Pursuant to the Regulatory Agreement, the Community is required to make monthly deposits to the reserve for replacements fund as required by HUD. Effect: The Corporation is not in compliance with the terms of Regulatory Agreement and the reserve for replacements fund is underfunded by $2,236 at June 30, 2023. Cause: Due to HUD delays in approving PRAC renewals, management did not have cash available to make three monthly deposits for the year ended June 30, 2023. Recommendation: Management should transfer $2,236 from the operating cash account to the reserve for replacement fund. Management's response: Agree. Management will transfer $2,236 from the operating cash account to the reserve for replacement fund as soon as possible.
Show full finding ▾Hide full finding ▴Assistance Listing (Federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing 14.181 (073-HH001 and 1990) Auditor non-compliance code: N-Reserve for Replacement Deposits Finding resolution status: Outstanding Universe population size: 12 months of deposits to the reserve for replacements Sample size information: 12 months of deposits to the reserve for replacements Statistically valid sample: Yes Name of Federal agency: U.S. Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $2,236 Statement of condition 2023-001: The Corporation did not make all of the reserve for replacement deposits as required by HUD for the year ended June 30, 2023. Criteria: Pursuant to the Regulatory Agreement, the Community is required to make monthly deposits to the reserve for replacements fund as required by HUD. Effect: The Corporation is not in compliance with the terms of Regulatory Agreement and the reserve for replacements fund is underfunded by $2,236 at June 30, 2023. Cause: Due to HUD delays in approving PRAC renewals, management did not have cash available to make three monthly deposits for the year ended June 30, 2023. Recommendation: Management should transfer $2,236 from the operating cash account to the reserve for replacement fund. Management's response: Agree. Management will transfer $2,236 from the operating cash account to the reserve for replacement fund as soon as possible.
Finding 2023-001: The Corporation did not make all of the reserve for replacement deposits as required by HUD for the year ended June 30, 2023. Comments on the Finding and Each Recommendation: Management should transfer $2,236 from the operating cash account to the reserve for replacement fund. Action(s) taken or planned on the finding: Management will transfer $2,236 from the operating cash account to the reserve for replacement fund as soon as possible.
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.
Track your findings and corrective action plans across audit cycles.
Start tracking findings →Monitor subrecipient audit findings and compliance status.
Start monitoring →© 2026 Single Audit Intelligence. All data is public domain.