Parkwood Properties

EIN: 391698159

UEI: J8HHD3D6ELK4

Data as of August 19, 2026

10
Audit Years
5
Total Findings
0
Repeat Findings

FY 2020-12-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on April 22, 2021. 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 October 22, 2021, which was (1763 days ago).

What is a management decision? →
2020-001
Eligibility
Condition

Agency: U.S. Department of Housing and Urban Development CFDA Number: 14.157 (includes $355 of COVID-19 funding) Program: Supportive Housing for the Elderly Statement of condition: We identified one new tenant that the Enterprise Income Verification (EIV) income report was not obtained within 90 days of move-in. Criteria: As stated in the HUD Multifamily Occupancy Handbook, HUD requires that the Project obtain and retain the EIV income report within 90 days of move-in. Questioned costs: No questioned costs were identified. Context: We tested 1 of 11 new tenants. Cause: Management has indicated that employee turnover led to the reports not being ran in the required time frame. Effect: The Project was not in compliance with HUD requirements surrounding tenant eligibility. Recommendation: We recommend management review their current documented processes and controls surrounding EIV income reports to ensure sufficient documentation is available supporting their compliance with HUD requirements. Management's Response: Management agrees with the finding. The Compliance Manager will review the internal controls surrounding compliance and provide company-wide training.

Corrective Action Plan

Finding: We identified one new tenant that the Enterprise Income Verification (EIV) income report was not obtained within 90 days of move-in. Corrective Response: Management agrees with the finding. The Compliance Manager will review the internal controls surrounding compliance and provide company-wide training. Anticipated Completion Date 3/31/2021 Responsible Contact Person Compliance Manager

About Eligibility →

FY 2018-12-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on April 9, 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 October 9, 2019, which was (2507 days ago).

What is a management decision? →
2018-001
Special Tests & Provisions
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

About Special Tests and Provisions →
2018-002
Eligibility
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

About Eligibility →

FY 2016-12-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on April 18, 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 October 18, 2017, which was (3228 days ago).

What is a management decision? →
2016-001
Eligibility
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

About Eligibility →
2016-002
Eligibility
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

About Eligibility →

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.

Are you this organization?

Track your findings and corrective action plans across audit cycles.

Start tracking findings →

Do you fund this organization?

Monitor subrecipient audit findings and compliance status.

Start monitoring →

Single Audit Intelligence is an independent tool powered by Federal Audit Clearinghouse data. Not affiliated with GSA, OMB, or any federal agency.