EIN: 392036326
UEI: JVH7DYGQNN79
Single Audit filed under EIN: 391904367
331203116, 331203117, 391518076, 391844829, 392015525, 392030436, 392035771, 392043528, 900884253 · unlinked EINs have no separate FAC filing
Audited by: Dauby O'Connor & Zaleski, LLC
Oversight agency: 14 [Department of Housing and Urban Development]
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Data as of September 2, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on January 23, 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 23, 2026 (43 days ago).
What is a management decision? →FAC accepted this audit on May 2, 2025 — management decision was due November 2, 2025.
FAC accepted this audit on April 16, 2024 — management decision was due October 16, 2024.
FAC accepted this audit on December 28, 2022 — management decision was due June 28, 2023.
FAC accepted this audit on January 4, 2022 — management decision was due July 4, 2022.
Finding reference number: #2021-001 Assistance Listing No. title and number (federal award identification number and year): Supportive Housing for the Elderly, Assistance Listing No. 14.157, 2003 Auditor non-compliance code: J ? Unauthorized management fees Universe population size: The universe population size is not applicable to the finding Sample size information: The sample size information is not applicable to the finding Name of federal agency: U.S. Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $854 Statement of condition #2021-001: The Company paid management fees in excess of management fees earned resulting in prepaid management fees at September 30, 2021. Criteria: In accordance with the HUD approved Management Agent Certification (HUD-9839-B), the management agent earns a fee based on an established rate of 10.30% of residential and miscellaneous income collected (of which the yield is capped at $50.98 PUPM). Effect: The Company is not in compliance with the HUD approved Management Agent Certification. As a result, the Property's cash position at September 30, 2021 has been reduced by $854. This amount has been considered in the surplus cash calculation for the year ended September 30, 2021. Cause: Management oversight. Management was paying fees based on a percentage (10.30%) of net income earned, rather than a percentage of actual residential and miscellaneous income collected during the period, subject to the yield capped at $50.98 PUPM. Recommendation: The management agent should review its calculation of management fees on a monthly basis and ensure the monthly fee is in accordance with the HUD approved Management Agent Certification. In addition, the Management Agent should reimburse the Company $854 for the management fees prepaid as of September 30, 2021. Completion date: December 8, 2021 Reporting views of responsible officials: Agreed. Management will review its calculation of management fees and will calculate future management fees as permitted in the HUD Approved Management Certification. On December 8, 2021, the management agent reimbursed the Company $854 for the management fees prepaid as of September 30, 2021.
Show full finding ▾Hide full finding ▴Finding reference number: #2021-001 Assistance Listing No. title and number (federal award identification number and year): Supportive Housing for the Elderly, Assistance Listing No. 14.157, 2003 Auditor non-compliance code: J ? Unauthorized management fees Universe population size: The universe population size is not applicable to the finding Sample size information: The sample size information is not applicable to the finding Name of federal agency: U.S. Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $854 Statement of condition #2021-001: The Company paid management fees in excess of management fees earned resulting in prepaid management fees at September 30, 2021. Criteria: In accordance with the HUD approved Management Agent Certification (HUD-9839-B), the management agent earns a fee based on an established rate of 10.30% of residential and miscellaneous income collected (of which the yield is capped at $50.98 PUPM). Effect: The Company is not in compliance with the HUD approved Management Agent Certification. As a result, the Property's cash position at September 30, 2021 has been reduced by $854. This amount has been considered in the surplus cash calculation for the year ended September 30, 2021. Cause: Management oversight. Management was paying fees based on a percentage (10.30%) of net income earned, rather than a percentage of actual residential and miscellaneous income collected during the period, subject to the yield capped at $50.98 PUPM. Recommendation: The management agent should review its calculation of management fees on a monthly basis and ensure the monthly fee is in accordance with the HUD approved Management Agent Certification. In addition, the Management Agent should reimburse the Company $854 for the management fees prepaid as of September 30, 2021. Completion date: December 8, 2021 Reporting views of responsible officials: Agreed. Management will review its calculation of management fees and will calculate future management fees as permitted in the HUD Approved Management Certification. On December 8, 2021, the management agent reimbursed the Company $854 for the management fees prepaid as of September 30, 2021.
Name of auditee: Millennium - Cudahy, Inc. HUD auditee identification number: 075-EE097-WAH Name of audit firm: Dauby O'Connor & Zaleski, LLC Period covered by the audit: Year ended September 30, 2021 CAP prepared by Name: Donna V. Martorano, C.P.A. Position: Chief Financial Officer, Ludwig and Company Telephone number: 847-263-6200 Current Findings on the Schedule of Findings, Questioned Costs, and Recommendations Finding 2021-001: Comments on finding and recommendation: Statement of condition #2021-001: The Company paid management fees in excess of management fees earned resulting in prepaid management fees at September 30, 2021. Recommendation: The management agent should review its calculation of management fees on a monthly basis and ensure the monthly fee is in accordance with the HUD approved Management Agent Certification. In addition, the Management Agent should reimburse the Company $854 for the management fees prepaid as of September 30, 2021. Action(s) taken or planned on the finding: Agreed. Management will review its calculation of management fees and will calculate future management fees as permitted in the HUD Approved Management Certification. On December 8, 2021, the management agent reimbursed the Company $854 for the management fees prepaid as of September 30, 2021.
Finding reference number: #2021-002 Assistance Listing No. title and number (federal award identification number and year): Supportive Housing for the Elderly, Assistance Listing No. 14.157, 2003 Auditor non-compliance code: A ? Unauthorized withdrawal from the replacement reserve Finding resolution status: Resolved Universe population size: 2 reserve for replacements withdrawals Sample size information: 2 reserve for replacements withdrawals Name of federal agency: U.S. Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $915 Statement of condition #2021-002: Management transferred reserve for replacement funds of $915 to the operating account without obtaining HUD approval. Criteria: Pursuant to the Regulatory Agreement (form HUD-92466-CA) Section 5(a), disbursements from the reserve for replacements shall only be made after consent, in writing, of HUD. Effect: The Company is not in compliance with the Regulatory Agreement. Cause: Management oversight. Management needed funds to cover operating costs for the Community and did not obtain HUD approval prior to transferring the funds. Recommendation: Management should obtain HUD approval prior to transferring funds out of the reserve for replacements account, regardless of the reason for the transfer. Completion date: December 22, 2021 Reporting views of responsible officials: Agree. Management transferred $915 into the reserve for replacements account on December 22, 2021. No further action is required.
Show full finding ▾Hide full finding ▴Finding reference number: #2021-002 Assistance Listing No. title and number (federal award identification number and year): Supportive Housing for the Elderly, Assistance Listing No. 14.157, 2003 Auditor non-compliance code: A ? Unauthorized withdrawal from the replacement reserve Finding resolution status: Resolved Universe population size: 2 reserve for replacements withdrawals Sample size information: 2 reserve for replacements withdrawals Name of federal agency: U.S. Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $915 Statement of condition #2021-002: Management transferred reserve for replacement funds of $915 to the operating account without obtaining HUD approval. Criteria: Pursuant to the Regulatory Agreement (form HUD-92466-CA) Section 5(a), disbursements from the reserve for replacements shall only be made after consent, in writing, of HUD. Effect: The Company is not in compliance with the Regulatory Agreement. Cause: Management oversight. Management needed funds to cover operating costs for the Community and did not obtain HUD approval prior to transferring the funds. Recommendation: Management should obtain HUD approval prior to transferring funds out of the reserve for replacements account, regardless of the reason for the transfer. Completion date: December 22, 2021 Reporting views of responsible officials: Agree. Management transferred $915 into the reserve for replacements account on December 22, 2021. No further action is required.
Finding 2021-002: Comments on finding and recommendation: Statement of condition #2021-002: Management transferred reserve for replacement funds of $915 to the operating account without obtaining HUD approval. Questioned Costs: $915 Recommendation: Management should obtain HUD approval prior to transferring funds out of the reserve for replacements account, regardless of the reason for the transfer. Action(s) taken or planned on the finding: Agree. Management transferred $915 into the reserve for replacements account on December 22, 2021. No further action is required.
FAC accepted this audit on December 21, 2020 — management decision was due June 21, 2021.
FAC accepted this audit on November 19, 2019 — management decision was due May 19, 2020.
FAC accepted this audit on December 12, 2018 — management decision was due June 12, 2019.
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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