EIN: 364081107
UEI: VYNKHCZN3V83
Audited by: MK Group CPAs & Consultants 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 October 3, 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 April 3, 2026 (150 days ago).
What is a management decision? →FAC accepted this audit on November 29, 2023 — management decision was due May 29, 2024.
FAC accepted this audit on October 31, 2022 — management decision was due May 1, 2023.
FAC accepted this audit on November 2, 2021 — management decision was due May 2, 2022.
Finding No. 2021-001 Type of Finding ? Federal award finding. Criteria ? Organizations of Capital Advances are required to comply with HUD administrative guidelines and fully fund the replacement reserve in the stipulated amount. Statement of Condition ? During the year ended March 31, 2021, the Organization did not make two of the twelve required replacement reserve deposits owed. Auditor Noncompliance Code ? B (Failure to make required replacement reserve deposits) Cause ? Section 8 Housing Assistance Payments were not funded for the last four months of the fiscal year, minimizing operating cash available to fund the monthly replacement reserve deposits. Effect - Noncompliance with the requirements of HUD and the OMB Uniform Guidance. Questioned Costs ? $3,944 Perspective Information ? This will likely be a one-time occurrence as it is expected that future Section 8 Housing Assistance Payments will be made on time. Recommendation ? Management should take appropriate actions to assure all future replacement reserve deposits are done in a timely manner and in accordance with HUD and OMB guidance. Management and staff should receive training on a regular basis in order to comply with HUD and OMB guidelines. Auditor?s Summary of the Auditee?s Comments on the Findings and Recommendations ? Management properly adhered to all compliance requirements, however, unavailable project working capital and HUD?s inadvertent delay in funding monthly subsidy obligations primarily caused the required deposit funding failure. Management and staff will continue to receive training to adhere to or improve the Organization?s internal controls and operating procedures. Responsible Officials Response ? Agree Completion Date ? 04/07/2021
Show full finding ▾Hide full finding ▴Finding No. 2021-001 Type of Finding ? Federal award finding. Criteria ? Organizations of Capital Advances are required to comply with HUD administrative guidelines and fully fund the replacement reserve in the stipulated amount. Statement of Condition ? During the year ended March 31, 2021, the Organization did not make two of the twelve required replacement reserve deposits owed. Auditor Noncompliance Code ? B (Failure to make required replacement reserve deposits) Cause ? Section 8 Housing Assistance Payments were not funded for the last four months of the fiscal year, minimizing operating cash available to fund the monthly replacement reserve deposits. Effect - Noncompliance with the requirements of HUD and the OMB Uniform Guidance. Questioned Costs ? $3,944 Perspective Information ? This will likely be a one-time occurrence as it is expected that future Section 8 Housing Assistance Payments will be made on time. Recommendation ? Management should take appropriate actions to assure all future replacement reserve deposits are done in a timely manner and in accordance with HUD and OMB guidance. Management and staff should receive training on a regular basis in order to comply with HUD and OMB guidelines. Auditor?s Summary of the Auditee?s Comments on the Findings and Recommendations ? Management properly adhered to all compliance requirements, however, unavailable project working capital and HUD?s inadvertent delay in funding monthly subsidy obligations primarily caused the required deposit funding failure. Management and staff will continue to receive training to adhere to or improve the Organization?s internal controls and operating procedures. Responsible Officials Response ? Agree Completion Date ? 04/07/2021
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FINDING 2021-001: Section 811 Capital Advance, CFDA 14.157 Recommendation: Management should take appropriate actions to assure all future replacement reserve deposits are done in a timely manner and in accordance with HUD and OMB guidance. Management and staff should receive training on a regular basis in order to comply with HUD and OMB guidelines. Actions Taken: Management transferred the amount due to the replacement reserves account on April 7, 2021. Responsible Person: Greg Miller, Manager Anticipation Completion Date: April 7, 2021
FAC accepted this audit on January 5, 2021 — management decision was due July 5, 2021.
Type of Finding ? Federal award finding. Criteria ? Organizations of Capital Advances are required to comply with HUD administrative guidelines and fully fund the replacement reserve in the stipulated amount. Statement of Condition ? During the year ended March 31, 2020, the Organization did not make four of the twelve required replacement reserve deposits owed. Auditor Noncompliance Code ? B (Failure to make required replacement reserve deposits) Cause ? Section 8 Housing Assistance Payments were not funded for the last four months of the fiscal year, minimizing cash available to fund the replacement reserve deposits. Effect - Noncompliance with the requirements of HUD and the OMB Uniform Guidance. Questioned Costs ? $9,861 Perspective Information ? This will likely be a one-time occurrence as it is expected that future Section 8 Housing Assistance Payments will be made on time. Recommendation ? Management should take appropriate actions to assure all future replacement reserve deposits are done in a timely manner and in accordance with HUD and OMB guidance. Management and staff should receive training on a regular basis in order to comply with HUD and OMB guidelines. Auditor?s Summary of the Auditee?s Comments on the Findings and Recommendations ? Management is now aware of the problem and has been able to start improving internal controls over compliance requirements. Management and staff will continue to receive training to improve the Organization?s internal controls. Responsible Officials Response ? Agree Completion Date ? 04/16/2020
Show full finding ▾Hide full finding ▴Type of Finding ? Federal award finding. Criteria ? Organizations of Capital Advances are required to comply with HUD administrative guidelines and fully fund the replacement reserve in the stipulated amount. Statement of Condition ? During the year ended March 31, 2020, the Organization did not make four of the twelve required replacement reserve deposits owed. Auditor Noncompliance Code ? B (Failure to make required replacement reserve deposits) Cause ? Section 8 Housing Assistance Payments were not funded for the last four months of the fiscal year, minimizing cash available to fund the replacement reserve deposits. Effect - Noncompliance with the requirements of HUD and the OMB Uniform Guidance. Questioned Costs ? $9,861 Perspective Information ? This will likely be a one-time occurrence as it is expected that future Section 8 Housing Assistance Payments will be made on time. Recommendation ? Management should take appropriate actions to assure all future replacement reserve deposits are done in a timely manner and in accordance with HUD and OMB guidance. Management and staff should receive training on a regular basis in order to comply with HUD and OMB guidelines. Auditor?s Summary of the Auditee?s Comments on the Findings and Recommendations ? Management is now aware of the problem and has been able to start improving internal controls over compliance requirements. Management and staff will continue to receive training to improve the Organization?s internal controls. Responsible Officials Response ? Agree Completion Date ? 04/16/2020
Corrective Action Taken or Planned in Response to Findings Identified by the Auditor. The delinquent replacement reserve funding was made subsequent to year-end. Management will take steps to assure all future deposits are made in a timely manner.
FAC accepted this audit on April 22, 2020 — management decision was due October 22, 2020.
FAC accepted this audit on September 30, 2018 — management decision was due March 30, 2019.
GSA_MIGRATION
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GSA_MIGRATION
FAC accepted this audit on November 29, 2017 — management decision was due May 29, 2018.
FAC accepted this audit on January 8, 2017 — management decision was due July 8, 2017.
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