EIN: 330240088
UEI: FRDKQNPQAEH5
Audited by: Dauby O'Connor & Zaleski, LLC
Oversight agency: 14 [Department of Housing and Urban Development]
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Data as of August 28, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on April 3, 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 3, 2026 (34 days from today).
What is a management decision? →FAC accepted this audit on April 22, 2025 — management decision was due October 22, 2025.
FAC accepted this audit on April 26, 2024 — management decision was due October 26, 2024.
FAC accepted this audit on April 13, 2023 — management decision was due October 13, 2023.
FAC accepted this audit on April 12, 2022 — management decision was due October 12, 2022.
FAC accepted this audit on April 11, 2021 — management decision was due October 11, 2021.
FAC accepted this audit on May 3, 2020 — management decision was due November 3, 2020.
Finding Reference Number: 2019-001 CFDA title and number (federal award identification and year): Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects, CFDA 14.155 (Project identification number 074-11113 and 2017) Auditor non-compliance code: J - Unauthorized management fees Finding resolution status: Unresolved Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size is not applicable to the finding. Statistically valid sample: No Name of Federal Agency: U.S. Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $6,170 Statement of Condition 2019-001 (CFDA 14.155): There was not a HUD approved management certification in effect for the period October 1, 2019 through December 31, 2019. Criteria: The Regulatory Agreement requires the Property to have a HUD approved management agent's certification (form HUD-9839-B) at all times. Effect: The Corporation is not in compliance with the Regulatory Agreement. The Corporation has expensed unapproved management fees of $6,170. Cause: The prior management agent's certification (form HUD-9339-13) expired as of September 30, 2019 and a new management agent's certification has not been executed. Recommendation: A management agent's certification should be submitted to HUD for retroactive approval to October 1, 2019. Management should cease paying management fees until HUD approval is received. Completion Date: December 31, 2020 Management response: Agreed. Management will submit a new management agent's certification to HUD for approval.
Show full finding ▾Hide full finding ▴Finding Reference Number: 2019-001 CFDA title and number (federal award identification and year): Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects, CFDA 14.155 (Project identification number 074-11113 and 2017) Auditor non-compliance code: J - Unauthorized management fees Finding resolution status: Unresolved Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size is not applicable to the finding. Statistically valid sample: No Name of Federal Agency: U.S. Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $6,170 Statement of Condition 2019-001 (CFDA 14.155): There was not a HUD approved management certification in effect for the period October 1, 2019 through December 31, 2019. Criteria: The Regulatory Agreement requires the Property to have a HUD approved management agent's certification (form HUD-9839-B) at all times. Effect: The Corporation is not in compliance with the Regulatory Agreement. The Corporation has expensed unapproved management fees of $6,170. Cause: The prior management agent's certification (form HUD-9339-13) expired as of September 30, 2019 and a new management agent's certification has not been executed. Recommendation: A management agent's certification should be submitted to HUD for retroactive approval to October 1, 2019. Management should cease paying management fees until HUD approval is received. Completion Date: December 31, 2020 Management response: Agreed. Management will submit a new management agent's certification to HUD for approval.
Statement of Condition 2019-001 (CFDA 14.155): There was not a HUD approved management certification in effect for the period October 1, 2019 through December 31, 2019. Recommendation: A management agent's certification should be submitted to HUD for retroactive approval to October 1, 2019. Management should cease paying management fees until HUD approval is received. Actions taken or planned on the finding: Agreed. Management will submit a new management agent's certification to HUD for approval.
FAC accepted this audit on April 7, 2019 — management decision was due October 7, 2019.
FAC accepted this audit on April 29, 2018 — management decision was due October 29, 2018.
FAC accepted this audit on April 17, 2017 — management decision was due October 17, 2017.
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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