Community Housing Initiative, Inc.

EIN: 352036890

UEI: MKMWGGB16VK8

Data as of August 20, 2026

10
Audit Years
9
Total Findings
6
Repeat Findings

FY 2019-10-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on May 2, 2020. 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 November 2, 2020, which was (2118 days ago).

What is a management decision? →
2019-001
Other
REPEATMATERIAL WEAKNESS
Condition

Finding 2019-001 ? Monitoring Criteria: Professional standards require Community Housing Initiative, Inc. (Community Housing) to have oversight by Board of Directors to safeguard assets. Statement of Condition: Community Housing does not have an active Board of Directors for monitoring and approving operations. Community Housing receives substantial support of federal funds from USDA Rural Development which are being managed by management agents. Effect: Community Housing is currently operating without an active Board of Directors. Recommendation: Community Housing should gather individuals to serve on Board of Directors who should meet regularly with minutes on decisions made. Questioned Costs: $0. Completion Date: October 31, 2020. Corrective Action Plan / Management Agent Response: Community Housing is currently seeking qualified and competent board members.

Corrective Action Plan

Finding 2019-001 ? Monitoring Condition: Community Housing does not have an active Board of Directors for monitoring and approving operations. Community Housing receives substantial support of federal funds from USDA Rural Development which are being managed by management agents. Response Indicator: Agreed. Corrective Action Plan: Community Housing is currently seeking qualified and competent board members.

Prior Finding References

2018-001

About Other →
2019-002
Other
MATERIAL WEAKNESS
Condition

Finding 2019-002 ? Financial Reporting Criteria: Community Housing?s properties managed by Justus Management Company contained material errors that were not discovered by management company staff or the board of directors. Statement of Condition: Accurate and timely financial statements should be prepared, reviewed and distributed to management on a routine basis. Effect: Community Housing?s financial statements contained material errors which could affect business decisions and provides misrepresented reporting to outside users. Recommendation: Justus Management Company should create a process of preparing, reviewing, and distributing accurate financial statements on a routine basis. Questioned Costs: $0. Completion Date: October 31, 2020. Corrective Action Plan / Management Agent Response: Justus Management Company is evaluating the internal process to prepare, review, and distribute accurate financial statements on a routine basis.

Corrective Action Plan

Finding 2019-002 ? Financial Reporting Criteria: Community Housing?s properties managed by Justus Management Company contained material errors that were not discovered by management company staff or the board of directors. Response Indicator: Agreed. Corrective Action Plan / Management Agent Response: Justus Management Company is evaluating the internal process to prepare, review, and distribute accurate financial statements on a routine basis.

About Other →

FY 2018-10-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on March 4, 2019. 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 September 4, 2019, which was (2543 days ago).

What is a management decision? →
2018-001
Other
REPEATMATERIAL WEAKNESS
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2017-001

About Other →
2018-002
Other
REPEATMATERIAL WEAKNESS
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2017-002

About Other →
2018-003
Other
REPEATMATERIAL WEAKNESS
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2017-003

About Other →

FY 2017-10-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on May 16, 2018. 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 November 16, 2018, which was (2835 days ago).

What is a management decision? →
2017-001
Other
REPEATMATERIAL WEAKNESS
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2016-001

About Other →
2017-002
Other
MATERIAL WEAKNESS
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

About Other →
2017-003
Other
MATERIAL WEAKNESS
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

About Other →

FY 2016-10-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on February 5, 2017. 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 August 5, 2017, which was (3303 days ago).

What is a management decision? →
2016-001
Other
REPEATMATERIAL WEAKNESS
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2015-001

About Other →

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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