EIN: 510144048
UEI: FKENZJ5KVBK8
Audited by: KKAJ, LLP
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 July 27, 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 January 27, 2027 (150 days from today).
What is a management decision? →FAC accepted this audit on December 23, 2025 — management decision was due June 23, 2026.
FAC accepted this audit on August 21, 2024 — management decision was due February 21, 2025.
Management is responsible submitting the audit package to the Federal Audit Clearinghouse within 9 months of the fiscal year end. Criteria: The audit package was submitted after the 9 month deadline. Effect: The Federal Audit Clearinghouse received the information late. It should be noted that the audit information was timely submitted to HUD in the REAC system. Cause: During the period the process for submitting the audit package to the Federal Audit Clearinghouse changed, which caused some confusion. Also, there was some miscommunication between the auditor and the auditee. Recommendation: In the future the audit package should be timely filed with the Federal Audit Clearinghouse. Non-compliance code: Z – Other.
Show full finding ▾Hide full finding ▴Statement of Condition: Management is responsible submitting the audit package to the Federal Audit Clearinghouse within 9 months of the fiscal year end. Criteria: The audit package was submitted after the 9 month deadline. Effect: The Federal Audit Clearinghouse received the information late. It should be noted that the audit information was timely submitted to HUD in the REAC system. Cause: During the period the process for submitting the audit package to the Federal Audit Clearinghouse changed, which caused some confusion. Also, there was some miscommunication between the auditor and the auditee. Recommendation: In the future the audit package should be timely filed with the Federal Audit Clearinghouse. Non-compliance code: Z – Other.
Reporting views of responsible officials: The Company has already submitted the audit package to the Federal Audit Clearinghouse and the Company will timely file the audit package with the Federal Audit Clearinghouse in the future. Auditors' summary of auditee's comments on the findings and recommendations: The Company has already submitted the audit package to the Federal Audit Clearinghouse and the Company will timely file the audit package with the Federal Audit Clearinghouse in the future. Response indicator: Agree. Response: The Company has already submitted the audit package to the Federal Audit Clearinghouse and the Company will timely file the audit package with the Federal Audit Clearinghouse in the future. Completion date: March 25, 2024 Contact person: James Sweeney
FAC accepted this audit on March 25, 2024 — management decision was due September 25, 2024.
FAC accepted this audit on December 27, 2022 — management decision was due June 27, 2023.
FAC accepted this audit on December 21, 2021 — management decision was due June 21, 2022.
HUD requires that the Company maintain cash balances in financial institutions that are covered by insurance issued by the Federal Deposit Insurance Corporation (FDIC). The Company may maintain cash balances in financial institution in excess of the FDIC insurance limit if the Company verifies the bank?s debt rating meets certain requirements. Criteria: As of March 31, 2021 the cash balances in excess of the amount allowed by HUD is $53,329. Effect: The Company has cash balances in excess of the amounts allowed by HUD. Cause: The Company accumulated excess cash in the operating account. Recommendation: The Company should monitor the investments held by these financial institutions to ensure that HUD?s requirements are met. Non-compliance code: Z ? Other.
Show full finding ▾Hide full finding ▴FINDING NUMBER 2021-001: CASH BALANCES IN FINANCIAL INSTITUTIONS IN EXCESS OF FEDERAL INSURANCE LIMITS, CFDA 14.857 Statement of Condition: HUD requires that the Company maintain cash balances in financial institutions that are covered by insurance issued by the Federal Deposit Insurance Corporation (FDIC). The Company may maintain cash balances in financial institution in excess of the FDIC insurance limit if the Company verifies the bank?s debt rating meets certain requirements. Criteria: As of March 31, 2021 the cash balances in excess of the amount allowed by HUD is $53,329. Effect: The Company has cash balances in excess of the amounts allowed by HUD. Cause: The Company accumulated excess cash in the operating account. Recommendation: The Company should monitor the investments held by these financial institutions to ensure that HUD?s requirements are met. Non-compliance code: Z ? Other.
CORRECTIVE ACTION PLAN FINDING NUMBER 2021-001 Auditors' summary of auditee's comments on the findings and recommendations: The Company will develop a plan to monitor the cash balances in the financial institutions to ensure that cash balances are maintained within HUD?s guidelines. Response indicator: Agree. Response: The Company will work with the financial institutions to ensure that HUD?s requirements are followed. Completion date: December 31, 2021 Contact person: Michele Reddy
FAC accepted this audit on December 27, 2020 — management decision was due June 27, 2021.
FAC accepted this audit on November 17, 2019 — management decision was due May 17, 2020.
N/A Sample Size Information: N/A Statement of Condition: The prior year?s audit reported finding 2018-001 relating to the allocation of cash when the construction rehab cash account was closed. The corrective action plan stated that $97,000 should be transferred to the revenue operating cash and $24,858 to the replacement reserve from Entity cash. Criteria: The Company?s internal control procedures did not allow for the correction to be processed prior to the end of the current fiscal year. Effect: The internal control over the corrective action plan did not function as designed. Cause: The Company has procedures to review prior year?s audit findings and make the necessary corrections. However, this internal control procedure did not function as intended and the prior year finding was not corrected during the current year. The Company did correct and resolve the prior year audit finding in April 2019. Recommendation: The Company should transfer $97,000 to the revenue operating cash account and $24,858 to the replacement reserve from the Entity cash account and develop internal control procedures to correct audit findings on a timely basis. Non-compliance code: S. ? Internal Control Deficiency Amount of questioned cost: N/A
Show full finding ▾Hide full finding ▴Information on Universe Population Size: Statement of Condition: N/A Sample Size Information: N/A Statement of Condition: The prior year?s audit reported finding 2018-001 relating to the allocation of cash when the construction rehab cash account was closed. The corrective action plan stated that $97,000 should be transferred to the revenue operating cash and $24,858 to the replacement reserve from Entity cash. Criteria: The Company?s internal control procedures did not allow for the correction to be processed prior to the end of the current fiscal year. Effect: The internal control over the corrective action plan did not function as designed. Cause: The Company has procedures to review prior year?s audit findings and make the necessary corrections. However, this internal control procedure did not function as intended and the prior year finding was not corrected during the current year. The Company did correct and resolve the prior year audit finding in April 2019. Recommendation: The Company should transfer $97,000 to the revenue operating cash account and $24,858 to the replacement reserve from the Entity cash account and develop internal control procedures to correct audit findings on a timely basis. Non-compliance code: S. ? Internal Control Deficiency Amount of questioned cost: N/A
FINDING NUMBER 2019-001 Reporting Views of Responsible Officials: The Company concurs with the finding and will transfer cash from the Entity account to revenue operating and replacement reserve accounts and will develop procedures to ensure that there is timely follow up to audit findings. Concur or Do Not Concur with this Finding: Concur. Agree or Disagree with auditor recommendations: Agree. Completion date: August 31, 2019 Actions taken or Planned on the Finding: The Company concurs with the finding and will transfer cash from the Entity account to revenue operating and replacement reserve accounts and will develop procedures to ensure that there is timely follow up to audit findings.
2018-001
FAC accepted this audit on August 2, 2018 — management decision was due February 2, 2019.
GSA_MIGRATION
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GSA_MIGRATION
FAC accepted this audit on August 17, 2017 — management decision was due February 17, 2018.
FAC accepted this audit on September 15, 2016 — management decision was due March 15, 2017.
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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