EIN: 351978023
UEI: LN26JA31RJU4
Audited by: Clark Schaefer Hackett & Company
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 January 13, 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 July 13, 2026 (48 days ago).
What is a management decision? →FAC accepted this audit on January 13, 2025 — management decision was due July 13, 2025.
FAC accepted this audit on April 18, 2024 — management decision was due October 18, 2024.
FAC accepted this audit on January 31, 2023 — management decision was due July 31, 2023.
FAC accepted this audit on November 9, 2021 — management decision was due May 9, 2022.
FAC accepted this audit on October 25, 2020 — management decision was due April 25, 2021.
Finding reference number: #2020-001 CFDA Title and a number (Federal award identification number and year): Supportive Housing for the Elderly, CFDA 14.157 (Project identification number 073-EE054) Auditor non-compliance code: A - Unauthorized withdrawal from replacement reserve Finding resolution status: Resolved Universe population size: The universe size is not applicable to the finding. Sample size information: The universe size is not applicable to the finding. Noncompliance information: See statement of condition #2020-001 for noncompliance information. Statically valid sample: Yes Name of Federal agency: U.S. Department of Housing and Urban Development Pass Through entity: N/A Questioned costs: $29,194 Statement of condition #2020-001: During the year ended June 30, 2020, HUD approved a reserve for replacements withdrawal to cover the delay in PRAC funds to be received for September and October 2019. The reserve for replacements account was not reimbursed when the funds were received from HUD. Criteria: Pursuant to HUD directive, the PRAC loan was to be repaid to the reserve for replacements fund upon receipt of the PRAC funds. Effect or potential effect: The Corporation is not in compliance with the terms of the Regulatory Agreement. At June 30, 2020, the Property's reserve for replacements account is underfunded by $29,194. Cause: Due to insufficient operating cash at the time the PRAC funds were received, the Property did not have adequate cash to reimburse the reserve for replacements fund. Recommendation: Management should transfer funds from the operating account in order to reimburse the reserve for replacements account. Completion date: September 10, 2020 Management Response: Agree. On September 10, 2020, management reimbursed the Property's reserve for replacements account.
Show full finding ▾Hide full finding ▴Finding reference number: #2020-001 CFDA Title and a number (Federal award identification number and year): Supportive Housing for the Elderly, CFDA 14.157 (Project identification number 073-EE054) Auditor non-compliance code: A - Unauthorized withdrawal from replacement reserve Finding resolution status: Resolved Universe population size: The universe size is not applicable to the finding. Sample size information: The universe size is not applicable to the finding. Noncompliance information: See statement of condition #2020-001 for noncompliance information. Statically valid sample: Yes Name of Federal agency: U.S. Department of Housing and Urban Development Pass Through entity: N/A Questioned costs: $29,194 Statement of condition #2020-001: During the year ended June 30, 2020, HUD approved a reserve for replacements withdrawal to cover the delay in PRAC funds to be received for September and October 2019. The reserve for replacements account was not reimbursed when the funds were received from HUD. Criteria: Pursuant to HUD directive, the PRAC loan was to be repaid to the reserve for replacements fund upon receipt of the PRAC funds. Effect or potential effect: The Corporation is not in compliance with the terms of the Regulatory Agreement. At June 30, 2020, the Property's reserve for replacements account is underfunded by $29,194. Cause: Due to insufficient operating cash at the time the PRAC funds were received, the Property did not have adequate cash to reimburse the reserve for replacements fund. Recommendation: Management should transfer funds from the operating account in order to reimburse the reserve for replacements account. Completion date: September 10, 2020 Management Response: Agree. On September 10, 2020, management reimbursed the Property's reserve for replacements account.
Current Findings on the Schedule of Findings, Questioned Costs, and Recommendations Comment on the finding and each recommendation Statement of Condition #2020-001 (CFDA 14.157): During the year ended June 30, 2020, HUD approved a reserve for replacements withdrawal to cover the delay in PRAC funds to be received for September and October 2019. The reserve for replacements account was not reimbursed when the funds were received from HUD. Recommendation: Management should transfer funds from the operating account in order to reimburse the reserve for replacements account. Action(s) taken or planned on the finding: Agree. On September 10, 2020, management reimbursed the Property's reserve for replacements account.
FAC accepted this audit on October 9, 2019 — management decision was due April 9, 2020.
FAC accepted this audit on September 30, 2018 — management decision was due March 30, 2019.
FAC accepted this audit on October 10, 2017 — management decision was due April 10, 2018.
FAC accepted this audit on October 23, 2016 — management decision was due April 23, 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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