Woodside Village Inc

EIN: 364544090

UEI: LT3US3FMLKB5

Data as of August 21, 2026

Woodside Village Inc10 audit years3 findings1 repeat
10
Audit Years
3
Total Findings
1
Repeat Findings

FY 2024-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on February 12, 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 August 12, 2025 (375 days ago).

What is a management decision? →
2024-002
Special Tests & Provisions

During our testing, we noted that Woodside Village failed to make the correct number of monthly deposits into the Replacement for Reserve account resulting in underfunding Questioned costs: None Context: During our testing we noted that the entity underfunded Replacement Reserve Account by $400 due to a missed deposit. Cause: The deposit was not made due to an oversight. Effect: Replacement Reserve is underfunded and not in compliance with HUD. Repeat Finding: No Recommendation: CLA recommends performing training regarding HUD requirements surrounding Residual Receipts Provisions and introduce policies and procedures to prevent requirement oversight. Views of responsible officials: There is no disagreement with the audit finding.

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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 R4R account each month. The entity did not complete all 12 monthly deposits accordingly. Condition: During our testing, we noted that Woodside Village failed to make the correct number of monthly deposits into the Replacement for Reserve account resulting in underfunding Questioned costs: None Context: During our testing we noted that the entity underfunded Replacement Reserve Account by $400 due to a missed deposit. Cause: The deposit was not made due to an oversight. Effect: Replacement Reserve is underfunded and not in compliance with HUD. Repeat Finding: No Recommendation: CLA recommends performing training regarding HUD requirements surrounding Residual Receipts Provisions and introduce policies and procedures to prevent requirement oversight. Views of responsible officials: There is no disagreement with the audit finding.

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 incomplete or incorrect monthly deposits. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Name(s) of the contact person(s) responsible for corrective action: Cheryl Wilson, Executive Director Action planned in response to finding: Management with conduct training and introduce new policies and procedures to prevent noncompliance. Management will make the required deposit immediately. Planned completion date for corrective action plan: June 30, 2025

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FY 2023-06-30

FAC accepted this audit on March 28, 2024 — management decision was due September 28, 2024.

2023-001
Special Tests & Provisions
REPEAT

Finding 2023-001 Criteria The finding was evaluated from the regulatory and HUD guidelines. Statement of Condition The Project did not complete a required deposit timely to the prohibited amenities escrow in 2023. Cause The deposit not being completed timely was the result of an oversight. Effect or Potential Effect The prohibited amenities escrow was underfunded by $3,971 for the year ended June 30, 2023. Reporting Views of Responsible Officials Management has completed the required deposit to the prohibited amenities escrow of $3,971 in September 2023. Recommendation We recommend management make timely required deposits to the residual receipts reserve. Response Management has completed the required deposit to the prohibited amenities escrow of $3,971 in September 2023. Repeat finding This is a repeat finding.

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Full finding narrative

Finding 2023-001 Criteria The finding was evaluated from the regulatory and HUD guidelines. Statement of Condition The Project did not complete a required deposit timely to the prohibited amenities escrow in 2023. Cause The deposit not being completed timely was the result of an oversight. Effect or Potential Effect The prohibited amenities escrow was underfunded by $3,971 for the year ended June 30, 2023. Reporting Views of Responsible Officials Management has completed the required deposit to the prohibited amenities escrow of $3,971 in September 2023. Recommendation We recommend management make timely required deposits to the residual receipts reserve. Response Management has completed the required deposit to the prohibited amenities escrow of $3,971 in September 2023. Repeat finding This is a repeat finding.

Corrective Action Plan

Response Management has completed the required deposit to the prohibited amenities escrow of $3,971 in September 2023.

Prior Finding References

2022-001

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FY 2022-06-30

FAC accepted this audit on May 10, 2023 — management decision was due November 10, 2023.

2022-001
Special Tests & Provisions

The findings were evaluated from the regulatory and HUD guidelines. The Project did not complete a required deposit timely to the prohibited amenities escrow in 2022. This was caused by the company not being completed timely was the result of an oversight. The prohibited amenities escrow was underfunded by $3,971 for the year ended June 30, 2022.

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Full finding narrative

The findings were evaluated from the regulatory and HUD guidelines. The Project did not complete a required deposit timely to the prohibited amenities escrow in 2022. This was caused by the company not being completed timely was the result of an oversight. The prohibited amenities escrow was underfunded by $3,971 for the year ended June 30, 2022.

Corrective Action Plan

Gilmore Jasion Mahler recommends management to make timely required deposits to the residual receipts reserve. Management has completed the required deposit to the prohibited amenities escrow of $3,971 in September 2022.

About Special Tests and Provisions →

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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