Wieder-Silver Manor Apartments

EIN: 341699263

UEI: FZ3UXV2BANJ4

Data as of August 25, 2026

Wieder-Silver Manor Apartments9 audit years1 findings
9
Audit Years
1
Total Findings
0
Repeat Findings

FY 2024-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on July 10, 2025. 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 10, 2026 (227 days ago).

What is a management decision? →
2024-001
Special Tests & Provisions

During our testing, we noted that Wieder-Silver Manor, Inc. failed to make all required monthly deposits into the Replacement for Reserve account resulting in underfunding of $1,002. Questioned costs: None Context: During our testing we noted that nine of the twelve required monthly deposits were deposited. Cause: The deposits were not made due to an oversight. Effect: Replacement Reserve is underfunded and not in compliance with HUD.

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Full finding narrative

Federal Agency: U.S. Department of Housing and Urban Development Federal Program Name: Supportive Housing for Persons with Disabilities Assistance Listing Number: 14.181 Award Period: July 1, 2023 to June 30, 2024 Type of Finding: • Significant Deficiency in Internal Control over Compliance Criteria or specific requirement: Per HUD requirements, a mandated amount is required to be deposited into the Reserve for Replacement account each month. The entity did make all twelve required deposits. Condition: During our testing, we noted that Wieder-Silver Manor, Inc. failed to make all required monthly deposits into the Replacement for Reserve account resulting in underfunding of $1,002. Questioned costs: None Context: During our testing we noted that nine of the twelve required monthly deposits were deposited. Cause: The deposits were not made due to an oversight. Effect: Replacement Reserve is underfunded and not in compliance with HUD.

Corrective Action Plan

Supportive Housing for Persons with Disabilities – Assistance Listing No. 14.181 Recommendation: Perform training regarding HUD requirements surrounding Reserve for Replacement Provisions and introduce policies and procedures to prevent oversight of deposit changes. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Action planned in response to finding: Management discovered the oversight in August 2024, and the required deposits were immediately made, Management has implemented additional controls to prevent the recurrence of the oversight. Management has already made the required deposit. Name(s) of the contact person(s) responsible for corrective action: Elaine Gimmel, Executive Director Planned completion date for corrective action plan: June 30, 2025 – corrective measure occurred in August 2024, prior to the audit.

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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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