EIN: 460386021
UEI: XAPNEE7MVUL4
Audited by: CASEY PETERSON, LTD.
Oversight agency: 10 [Department of Agriculture]
View federal awards & risk assessment →
Data as of September 2, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on April 7, 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 October 7, 2026 (32 days from today).
What is a management decision? →FAC accepted this audit on April 8, 2025 — management decision was due October 8, 2025.
FAC accepted this audit on April 18, 2024 — management decision was due October 18, 2024.
FAC accepted this audit on April 5, 2023 — management decision was due October 5, 2023.
FAC accepted this audit on March 30, 2022 — management decision was due September 30, 2022.
The Organization requests its auditor to draft the year-end financial statements, accompanying notes to the financial statements, and Schedule of Expenditures of Federal Awards. Criteria: Establishing internal controls over the preparation of the financial statements and drafting the financial statements is the responsibility of management. The Organization should have an internal control system in place related to oversight and review of the preparation of the financial statements. In addition, the Uniform Guidance requires the auditee to prepare appropriate financial statements in accordance with section 200.510. Cause: The Organization does not have an internal control system in place to prepare the financial statements, related notes, and schedule of expenditures of federal awards. Effect: The Organization engages its auditor to draft the financial statements, notes to the financial statements, and schedule of expenditures of federal awards. There is a risk that errors may occur and not be detected. Repeat Finding: This finding was reported in the prior year as finding 2020-003 and has been reported since 2015. Auditor?s Recommendation: We recommend that management develop a system of internal control to ensure proper reporting of the financial statements, notes to the financial statements, and schedule of expenditures of federal awards. If management does not have the resources or expertise to prepare the financial statements, we recommend that they engage a qualified CPA to mitigate or eliminate this internal control weakness. View of Management: The Managing Agent and the Board of Directors of the Organization agree with the finding. A response can be found in the Corrective Action Plan.
Show full finding ▾Hide full finding ▴U.S. DEPARTMENT OF AGRICULTURE RURAL RENTAL HOUSING LOANS CFDA #10.415 U.S. DEPARTMENT OF AGRICULTURE THE RURAL DEVELOPMENT (RD) MULTI-FAMILY HOUSING REVITALIZATION DEMONSTRATION PROGRAM (MPR) CFDA #10.447 Material Weakness Internal Control over Compliance, and Noncompliance Drafting the Financial Statements, Related Notes, and Schedule of Expenditures of Federal Awards 2021-003 Condition: The Organization requests its auditor to draft the year-end financial statements, accompanying notes to the financial statements, and Schedule of Expenditures of Federal Awards. Criteria: Establishing internal controls over the preparation of the financial statements and drafting the financial statements is the responsibility of management. The Organization should have an internal control system in place related to oversight and review of the preparation of the financial statements. In addition, the Uniform Guidance requires the auditee to prepare appropriate financial statements in accordance with section 200.510. Cause: The Organization does not have an internal control system in place to prepare the financial statements, related notes, and schedule of expenditures of federal awards. Effect: The Organization engages its auditor to draft the financial statements, notes to the financial statements, and schedule of expenditures of federal awards. There is a risk that errors may occur and not be detected. Repeat Finding: This finding was reported in the prior year as finding 2020-003 and has been reported since 2015. Auditor?s Recommendation: We recommend that management develop a system of internal control to ensure proper reporting of the financial statements, notes to the financial statements, and schedule of expenditures of federal awards. If management does not have the resources or expertise to prepare the financial statements, we recommend that they engage a qualified CPA to mitigate or eliminate this internal control weakness. View of Management: The Managing Agent and the Board of Directors of the Organization agree with the finding. A response can be found in the Corrective Action Plan.
"Heritage Acres, Inc. respectfully submits the following Corrective Action Plan for the year ended December 31, 2021. Name and address of independent public accounting firm: Casey Peterson, Ltd. 909 Saint Joseph Street, Ste 101 Rapid City, SD 57701 The findings from the December 31, 2021 Schedule of Findings and Questioned Costs are discussed below. The findings are numbered consistently with the numbers assigned in that schedule. Matt Olson, CFO of MetroPlains Management, LLC, Managing Agent, (701) 551-3110, is responsible for the corrective actions disclosed within this document. FINDINGS AND QUESTIONED COSTS - MAJOR FEDERAL AWARD PROGRAMS AUDIT U.S. DEPARTMENT OF AGRICULTURE RURAL RENTAL HOUSING LOANS CFDA #10.415 U.S. DEPARTMENT OF AGRICULTURE THE RURAL DEVELOPMENT (RD) MULTI-FAMILY HOUSING REVITALIZATION DEMONSTRATION PROGRAM (MPR) CFDA #10.447 Material Weakness Internal Control over Compliance, and Noncompliance Drafting the Financial Statements, Related Notes, and Schedule of Expenditures of Federal Awards 2021-003 See finding 2021-001 for the condition, criteria, auditor?s recommendation, repeat finding, and management?s response. Material Weakness Internal Control over Financial Reporting Drafting the Financial Statements, Related Notes, and Schedule of Expenditures of Federal Awards 2021-001 Condition: The Organization requests its auditor to draft the year-end financial statements, accompanying notes to the financial statements, and Schedule of Expenditures of Federal Awards. Criteria: Establishing internal controls over the preparation of the financial statements and drafting the financial statements is the responsibility of management. The Organization should have an internal control system in place related to oversight and review of the preparation of the financial statements. In addition, the Uniform Guidance requires the auditee to prepare appropriate financial statements in accordance with section 200.510. Repeat Finding: This finding was reported in the prior year as finding 2020-001. Auditor?s Recommendation: We recommend that management develop a system of internal control to ensure proper reporting of the financial statements, notes to the financial statements, and schedule of expenditures of federal awards. If management does not have the resources or expertise to prepare the financial statements, we recommend that they engage a qualified CPA to mitigate or eliminate this internal control weakness. Management?s Response: We agree with the auditor?s recommendation and are aware of the lack of internal controls over drafting the financial statements, accompanying notes, and Schedule of Expenditures of Federal Awards. The Organization will continue to have the auditor draft the financial statements and accompanying notes but will perform a thorough review of the financial statements prior to issuance. The Organization feels that the most effective control it can have will be the members? full knowledge of matters relating to the Organization's daily operations. Anticipated Completion Date: Ongoing
2020-003
FAC accepted this audit on March 31, 2021 — management decision was due October 1, 2021.
The Organization requests its auditor to draft the year-end financial statements, accompanying notes to the financial statements, and Schedule of Expenditures of Federal Awards. Criteria: Establishing internal controls over the preparation of the financial statements and drafting the financial statements is the responsibility of management. The Organization should have an internal control system in place related to oversight and review of the preparation of the financial statements. In addition, the Uniform Guidance requires the auditee to prepare appropriate financial statements in accordance with section 200.510. Cause: The Organization does not have an internal control system in place to prepare the financial statements, related notes, and schedule of expenditures of federal awards. Effect: The Organization engages its auditor to draft the financial statements, notes to the financial statements, and schedule of expenditures of federal awards. There is a risk that errors may occur and not be detected. Repeat Finding: This finding was reported in the prior year as finding 2019-001 and has been reported since 2015. Auditor?s Recommendation: We recommend that management develop a system of internal control to ensure proper reporting of the financial statements, notes to the financial statements, and schedule of expenditures of federal awards. If management does not have the resources or expertise to prepare the financial statements, we recommend that they engage a qualified CPA to mitigate or eliminate this internal control weakness. View of Management: The Managing Agent and the Board of Directors of the Organization agree with the finding. A response can be found in the Corrective Action Plan.
Show full finding ▾Hide full finding ▴U.S. DEPARTMENT OF AGRICULTURE RURAL RENTAL HOUSING LOANS CFDA #10.415 U.S. DEPARTMENT OF AGRICULTURE THE RURAL DEVELOPMENT (RD) MULTI-FAMILY HOUSING REVITALIZATION DEMONSTRATION PROGRAM (MPR) CFDA #10.447 Material Weakness Internal Control over Compliance, and Noncompliance Drafting the Financial Statements, Related Notes, and Schedule of Expenditures of Federal Awards 2020-003 Condition: The Organization requests its auditor to draft the year-end financial statements, accompanying notes to the financial statements, and Schedule of Expenditures of Federal Awards. Criteria: Establishing internal controls over the preparation of the financial statements and drafting the financial statements is the responsibility of management. The Organization should have an internal control system in place related to oversight and review of the preparation of the financial statements. In addition, the Uniform Guidance requires the auditee to prepare appropriate financial statements in accordance with section 200.510. Cause: The Organization does not have an internal control system in place to prepare the financial statements, related notes, and schedule of expenditures of federal awards. Effect: The Organization engages its auditor to draft the financial statements, notes to the financial statements, and schedule of expenditures of federal awards. There is a risk that errors may occur and not be detected. Repeat Finding: This finding was reported in the prior year as finding 2019-001 and has been reported since 2015. Auditor?s Recommendation: We recommend that management develop a system of internal control to ensure proper reporting of the financial statements, notes to the financial statements, and schedule of expenditures of federal awards. If management does not have the resources or expertise to prepare the financial statements, we recommend that they engage a qualified CPA to mitigate or eliminate this internal control weakness. View of Management: The Managing Agent and the Board of Directors of the Organization agree with the finding. A response can be found in the Corrective Action Plan.
Heritage Acres, Inc. respectfully submits the following Corrective Action Plan for the year ended December 31, 2020. Name and address of independent public accounting firm: Casey Peterson, Ltd. 909 Saint Joseph Street, Ste 101 Rapid City, SD 57701 The findings from the December 31, 2020 Schedule of Findings and Questioned Costs are discussed below. The findings are numbered consistently with the numbers assigned in that schedule. Matt Olson, CFO of MetroPlains Management, LLC, Managing Agent, is responsible for the corrective actions disclosed within this document. FINDINGS AND QUESTIONED COSTS - MAJOR FEDERAL AWARD PROGRAMS AUDIT U.S. DEPARTMENT OF AGRICULTURE RURAL RENTAL HOUSING LOANS CFDA #10.415 U.S. DEPARTMENT OF AGRICULTURE THE RURAL DEVELOPMENT (RD) MULTI-FAMILY HOUSING REVITALIZATION DEMONSTRATION PROGRAM (MPR) CFDA #10.447 Material Weakness Internal Control over Compliance, and Noncompliance Drafting the Financial Statements, Related Notes, and Schedule of Expenditures of Federal Awards 2020-003 See finding 2020-001 for the condition, criteria, auditor?s recommendation, repeat finding, and management?s response. Material Weakness Internal Control over Financial Reporting Drafting the Financial Statements, Related Notes, and Schedule of Expenditures of Federal Awards 2020-001 Condition: The Organization requests its auditor to draft the year-end financial statements, accompanying notes to the financial statements, and Schedule of Expenditures of Federal Awards. Criteria: Establishing internal controls over the preparation of the financial statements and drafting the financial statements is the responsibility of management. The Organization should have an internal control system in place related to oversight and review of the preparation of the financial statements. In addition, the Uniform Guidance requires the auditee to prepare appropriate financial statements in accordance with section 200.510. Repeat Finding: This finding was reported in the prior year as finding 2019-001. Auditor?s Recommendation: We recommend that management develop a system of internal control to ensure proper reporting of the financial statements, notes to the financial statements, and schedule of expenditures of federal awards. If management does not have the resources or expertise to prepare the financial statements, we recommend that they engage a qualified CPA to mitigate or eliminate this internal control weakness. Management?s Response: We agree with the auditor?s recommendation and are aware of the lack of internal controls over drafting the financial statements, accompanying notes, and Schedule of Expenditures of Federal Awards. The Organization will continue to have the auditor draft the financial statements and accompanying notes but will perform a thorough review of the financial statements prior to issuance. The Organization feels that the most effective control it can have will be the members? full knowledge of matters relating to the Organization's daily operations. Anticipated Completion Date: 2021
2019-002
FAC accepted this audit on May 4, 2020 — management decision was due November 4, 2020.
The Organization requests its auditor to draft the year-end financial statements, accompanying notes to the financial statements, and Schedule of Expenditures of Federal Awards. Additionally, material adjustments were made to record a related party receivable and correct utility expense, recognize insurance proceeds as revenue and correct accounts payable, correct accumulated depreciation and depreciation expense, and record impairment. Criteria: Establishing internal controls over the preparation of the financial statements and drafting the financial statements is the responsibility of management. The Organization should have an internal control system in place related to oversight and review of the preparation of the financial statements. In addition, the Uniform Guidance requires the auditee to prepare appropriate financial statements in accordance with section 200.510. Cause: The Organization does not have an internal control system in place to prepare the financial statements and related notes. Effect: The Organization engages its auditor to draft the financial statements and notes to the financial statements. There is a risk that errors may occur and not be detected. Repeat Finding: This finding was reported in the prior year as finding number 2018-001. Auditor?s Recommendation: We recommend that management develop a system of internal control to ensure proper reporting of the financial statements and notes to the financial statements. If management does not have the resources or expertise to prepare the financial statements, we recommend that the engage a qualified CPA to mitigate or eliminate this internal control weakness. View of Management: The Managing Agent and the Board of Directors of the Organization agree with the finding. A response can be found in the Corrective Action Plan.
Show full finding ▾Hide full finding ▴U.S. DEPARTMENT OF AGRICULTURE RURAL RENTAL HOUSING LOANS CFDA #10.415 Material Weakness Internal Control over Compliance, and Noncompliance Drafting the Financial Statements, Related Notes, and Schedule of Expenditures of Federal Awards 2019-002 Condition: The Organization requests its auditor to draft the year-end financial statements, accompanying notes to the financial statements, and Schedule of Expenditures of Federal Awards. Additionally, material adjustments were made to record a related party receivable and correct utility expense, recognize insurance proceeds as revenue and correct accounts payable, correct accumulated depreciation and depreciation expense, and record impairment. Criteria: Establishing internal controls over the preparation of the financial statements and drafting the financial statements is the responsibility of management. The Organization should have an internal control system in place related to oversight and review of the preparation of the financial statements. In addition, the Uniform Guidance requires the auditee to prepare appropriate financial statements in accordance with section 200.510. Cause: The Organization does not have an internal control system in place to prepare the financial statements and related notes. Effect: The Organization engages its auditor to draft the financial statements and notes to the financial statements. There is a risk that errors may occur and not be detected. Repeat Finding: This finding was reported in the prior year as finding number 2018-001. Auditor?s Recommendation: We recommend that management develop a system of internal control to ensure proper reporting of the financial statements and notes to the financial statements. If management does not have the resources or expertise to prepare the financial statements, we recommend that the engage a qualified CPA to mitigate or eliminate this internal control weakness. View of Management: The Managing Agent and the Board of Directors of the Organization agree with the finding. A response can be found in the Corrective Action Plan.
CORRECTIVE ACTION PLAN (UNAUDITED) Heritage Acres, Inc. respectfully submits the following Corrective Action Plan for the year ended December 31, 2019. Name and address of independent public accounting firm: Casey Peterson, Ltd. 909 Saint Joseph Street, Ste 101 Rapid City, SD 57701 The findings from the December 31, 2019 Schedule of Findings and Questioned Costs are discussed below. The findings are numbered consistently with the numbers assigned in that schedule. MetroPlains Management, LLC, Managing Agent, is responsible for the findings disclosed within this document. FINDINGS - FINANCIAL STATEMENT AUDIT Material Weakness Internal Control over Financial Reporting Drafting the Financial Statements, Related Notes, and Schedule of Expenditures of Federal Awards 2019-001 Condition: The Organization requests its auditor to draft the year-end financial statements, accompanying notes to the financial statements, and Schedule of Expenditures of Federal Awards. Additionally, material adjustments were made to record a related party receivable and correct utility expense, recognize insurance proceeds as revenue and correct accounts payable, correct accumulated depreciation and depreciation expense, and record impairment. Criteria: Establishing internal controls over the preparation of the financial statements and drafting the financial statements are the responsibility of management. The Organization should have an internal control system in place related to oversight and review of the preparation of the financial statements. In addition, the Uniform Guidance requires the auditee to prepare appropriate financial statements in accordance with section 200.510. Auditor?s Recommendation: We recommend that management develop a system of internal control to ensure proper reporting of the financial statements and notes to the financial statements. If management does not have the resources or expertise to prepare the financial statements, we recommend that the Organization engage a qualified CPA to mitigate or eliminate this internal control weakness. Management?s Response: We agree with the auditor?s recommendation and are aware of the lack of internal controls over drafting the financial statements, accompanying notes, and Schedule of Expenditures of Federal Awards. No action is planned for this finding due to cost restraints. The Organization will continue to have the auditor draft the financial statements and accompanying notes as the Organization feels that the additional cost would not be significantly beneficial. The Organization feels that the most effective control it can have will be the members? full knowledge of matters relating to the Organization's daily operations. FINDINGS AND QUESTIONED COSTS - MAJOR FEDERAL AWARD PROGRAMS AUDIT U.S. DEPARTMENT OF AGRICULTURE RURAL RENTAL HOUSING LOANS CFDA #10.415 Material Weakness Internal Control over Financial Reporting, Internal Control over Compliance, and Noncompliance Drafting the Financial Statements, Related Notes, and Schedule of Expenditures of Federal Awards 2019-002 See finding 2019-001 for the condition, criteria, auditor?s recommendation, and management?s response.
2018-002
FAC accepted this audit on May 14, 2019 — management decision was due November 14, 2019.
GSA_MIGRATION
Show full finding ▾Hide full finding ▴GSA_MIGRATION
GSA_MIGRATION
2017-003
FAC accepted this audit on March 14, 2018 — management decision was due September 14, 2018.
GSA_MIGRATION
Show full finding ▾Hide full finding ▴GSA_MIGRATION
GSA_MIGRATION
2016-003
GSA_MIGRATION
Show full finding ▾Hide full finding ▴FAC accepted this audit on April 5, 2017 — management decision was due October 5, 2017.
GSA_MIGRATION
Show full finding ▾Hide full finding ▴GSA_MIGRATION
GSA_MIGRATION
2015-004
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.
Browse other Single Audit organizations in South Dakota →
Track your findings and corrective action plans across audit cycles.
Start tracking findings →Add it to a monitored group and get alerted when a new audit, finding, repeat finding, or management-decision deadline shows up — instead of checking back.
Checking several at once? Portfolio view →
© 2026 Single Audit Intelligence. All data is public domain.
