ALICE WILLIAMS TOWERS, INC.

EIN: 311595187

UEI: GYVVP71QLQV8

Data as of August 23, 2026

ALICE WILLIAMS TOWERS, INC.9 audit years3 findings1 repeat
9
Audit Years
3
Total Findings
1
Repeat Findings

FY 2023-12-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on June 14, 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 December 14, 2024 (618 days ago).

What is a management decision? →
2023-001
Cost Allowability
QUESTIONED COSTS

The Project paid expenses for an adjacent project. Cause: The Corporation paid non-project expenses from Project funds. Effect or Potential Effect: The Project is noncompliant with HUD regulatory agreement. Auditor Non-Compliance Code: H - Unauthorized distribution of project assets Questioned Costs: $2,584 Reportable Views of Responsible Officials: Management is in agreement with the finding, amounts were paid for non-project expenses. Context: Not applicable Recommendation: Management should review procedures surrounding expense allocations and closely monitor amounts paid. Auditors’ Summary of the Auditee’s Comments on the Findings and Recommendations: Agree with management's assessment. Response Indicator: Agree Completion Date: 12/31/2024 Response: Management is in agreement with the finding, amounts were paid for non-project expenses.

Show full finding ▾
Full finding narrative

Finding Reference Number: 2023-01 Title and Federal Assistance Listing Number of Federal Program: Section 202 Capital Advance and Project Assistance Rental #14.157 Type of Finding: Federal Award Finding Finding Resolution Status: In Process Information on Universe Population Size: Not Applicable Sample Size Information: Not Applicable Identification of Repeat Finding and Finding Reference Number: Not Applicable Criteria: In accordance with HUD regulations, entities should not make unauthorized distributions of Project funds. Statement of Condition: The Project paid expenses for an adjacent project. Cause: The Corporation paid non-project expenses from Project funds. Effect or Potential Effect: The Project is noncompliant with HUD regulatory agreement. Auditor Non-Compliance Code: H - Unauthorized distribution of project assets Questioned Costs: $2,584 Reportable Views of Responsible Officials: Management is in agreement with the finding, amounts were paid for non-project expenses. Context: Not applicable Recommendation: Management should review procedures surrounding expense allocations and closely monitor amounts paid. Auditors’ Summary of the Auditee’s Comments on the Findings and Recommendations: Agree with management's assessment. Response Indicator: Agree Completion Date: 12/31/2024 Response: Management is in agreement with the finding, amounts were paid for non-project expenses.

Corrective Action Plan

In accordance with HUD regulations, entities should not make unauthorized distributions of Project. The Project paid expenses for an adjacent project. The Corporation paid non-project expenses from Project funds. The Project is noncompliant with HUD regulatory agreement. Management is in agreement with the finding, amounts were paid for non-project expenses.

About Allowable Costs / Cost Principles →

FY 2021-12-31

FAC accepted this audit on May 26, 2022 — management decision was due November 26, 2022.

2021-001
Cash Management
QUESTIONED COSTS

During the year ended December 31, 2021, the Company deposited rent funds for an adjacent project into the Company's operating cash account. Cause: Property management did not review deposit detail to ensure that rents were deposited to the correct project's operating cash account. Effect or Potential Effect: Rents collected were not deposited into the proper project's operating cash account as required by the Regulatory Agreement. Auditor Non-Compliance Code: Z - Other Questioned Costs: $9,786contact the necessary parties for reimbursement. Context: Not applicable Recommendation: Management should review procedures surrounding deposit of rent to the proper Project among adjacent properties. Auditors? Summary of the Auditee?s Comments on the Findings and Recommendations: Management will be more diligent about ensuring rents are deposited into the proper project's operating cash account. Response Indicator: Agree Completion Date: 2/15/2022 Response: Management has spoken to the necessary personnel tasked with depositing rent received between the adjacent Projects and reemphasized the importance of accuracy in the deposits into the correct operating cash account. -

Show full finding ▾
Full finding narrative

Finding Reference Number: 2021-01 Title and Federal Assistance Listing Number of Federal Program: Section 202 Capital Advance and Project Assistance Rental #14.157 Type of Finding: Federal Award Finding Finding Resolution Status: In Process Information on Universe Population Size: Not Applicable Sample Size Information: Not Applicable Identification of Repeat Finding and Finding Reference Number: Not Applicable Criteria: The owner/agent is required to deposit all rents and other receipts of the Project in the name of the Project in accounts which are fully insured as to principal by an agency of the Federal Government. Statement of Condition: During the year ended December 31, 2021, the Company deposited rent funds for an adjacent project into the Company's operating cash account. Cause: Property management did not review deposit detail to ensure that rents were deposited to the correct project's operating cash account. Effect or Potential Effect: Rents collected were not deposited into the proper project's operating cash account as required by the Regulatory Agreement. Auditor Non-Compliance Code: Z - Other Questioned Costs: $9,786contact the necessary parties for reimbursement. Context: Not applicable Recommendation: Management should review procedures surrounding deposit of rent to the proper Project among adjacent properties. Auditors? Summary of the Auditee?s Comments on the Findings and Recommendations: Management will be more diligent about ensuring rents are deposited into the proper project's operating cash account. Response Indicator: Agree Completion Date: 2/15/2022 Response: Management has spoken to the necessary personnel tasked with depositing rent received between the adjacent Projects and reemphasized the importance of accuracy in the deposits into the correct operating cash account. -

Corrective Action Plan

ALICE WILLIAMS TOWERS, INC. FHA PROJECT NO. 061-EE065-WAH CORRECTIVE ACTION PLAN FOR THE YEAR ENDED DECEMBER 31, 2021 Name of Auditee: Alice Williams Towers, Inc. HUD Auditee Identification Number: 061-EE065-WAH Federal Award Program: 14.157 Supportive Housing for the Elderly Name of Audit Firm: Aprio, LLP Period covered by the audit: January 1, 2021 to December 31, 2021 Corrective Action Plan Prepared By Name: Denise Crowder Position: Vice President Asset Management, Housing Resource Center, Inc. Telephone number: 404-816-9770 A. Current Findings on the Schedule of Findings, Questioned Costs, and Recommendations Finding 2021-001 a. During the year ended December 31, 2021, the Company deposited rent funds for an adjacent project into the Company's operating cash account. The owner/agent is required to deposit all rents and other receipts of the Project in the name of the Project in accounts which are fully insured as to principal by an agency of the Federal Government. Recommendation: Management should review procedures surrounding deposit of rent to the proper Project among adjacent properties. b. Action(s) Taken or Planned on the Finding: Management has spoken to the necessary personnel tasked with depositing rent received between the adjacent Projects and reemphasized the importance of accuracy in the deposits into the correct operating cash account. The funds were reverted to the adjacent project on February 15, 2022. B. Status of the Corrective Actions on Findings Reported in the Prior Audit Schedule of Findings, Questioned Costs, and Recommendations Finding Number: NONE

About Cash Management →

FY 2016-12-31

FAC accepted this audit on January 5, 2018 — management decision was due July 5, 2018.

2016-001
Special Tests & Provisions
REPEAT

GSA_MIGRATION

Show full finding ▾
Full finding narrative

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2015-001

About Special Tests and Provisions →

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.

Are you this organization?

Track your findings and corrective action plans across audit cycles.

Start tracking findings →

Do you fund this organization?

Monitor subrecipient audit findings and compliance status.

Start monitoring →

Product

Resources

Legal

Single Audit Intelligence is an independent tool powered by Federal Audit Clearinghouse data. Not affiliated with GSA, OMB, or any federal agency.

© 2026 Single Audit Intelligence. All data is public domain.