Bayamón Senior Citizens Housing Company, Inc.

EIN: 521180878

UEI: SQV3W1J4PPM8

Data as of August 25, 2026

Bayamón Senior Citizens Housing Company, Inc.10 audit years11 findings5 repeat
10
Audit Years
11
Total Findings
5
Repeat Findings

FY 2023-03-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on December 14, 2023. 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 June 14, 2024 (802 days ago).

What is a management decision? →
2023-001
Special Tests & Provisions

The Project underfunded the account by $2,612. Cause: The Project did not fund the replacement reserve account for one month. Effect or Potential Effect: Deficiently funded replacement reserve. Auditor Non-Compliance Code: N – Reserve for Replacement deposits Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor’s recommendations have been adopted. Recommendation: Management should implement procedures to ensure that the correct amount is deposited into the replacement reserve account each month. Response Indicator: Agree. Completion Date: 04/24/2023 Response: The accounting staff will now be using monthly checklists to ensure all required deposits are made timely.

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Finding No. 2023-001: Section 8 Housing Assistance Payments Program, ALN 14.195 Finding Resolution Status: Resolved. Information on Universe Population Size: All replacement reserve deposits for the year ended March 31, 2023. Sample Size Information: Required replacement reserve deposits for the year ended March 31, 2023. Identification of Repeat Finding and Finding Reference Number: No. Criteria: As required by HUD regulation, timely monthly deposits must be made to the Project’s replacement reserve account. Statement of Condition: The Project underfunded the account by $2,612. Cause: The Project did not fund the replacement reserve account for one month. Effect or Potential Effect: Deficiently funded replacement reserve. Auditor Non-Compliance Code: N – Reserve for Replacement deposits Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor’s recommendations have been adopted. Recommendation: Management should implement procedures to ensure that the correct amount is deposited into the replacement reserve account each month. Response Indicator: Agree. Completion Date: 04/24/2023 Response: The accounting staff will now be using monthly checklists to ensure all required deposits are made timely.

Corrective Action Plan

Oversight Agency for Audit, Bayamón Senior Citizens Housing Company, Inc., respectfully submits the following corrective action plan for the year ended March 31, 2023. Name and address of independent public accounting firm: Bellows Associates, P.A., 5401 N University Drive, Suite 201, Coral Springs, Florida 33067 Audit period: April 1, 2022 through March 31, 2023 The finding from the March 31, 2023 schedule of findings and questioned costs is discussed below. The finding is numbered consistently with the number assigned in the schedule. SECTION III – FINDINGS AND QUESTIONED COSTS – MAJOR FEDERAL AWARD PROGRAMS AUDIT FINDING No. 2023-001: Section 8 Housing Assistance Payments Program, ALN 14.195 Recommendation: Management should implement procedures to ensure that the correct amount is deposited into the replacement reserve account each month. Action Taken: The accounting staff will now be using monthly checklists to ensure all required deposits are made timely. If the audit Oversight Agency has questions regarding these plans, please call Christine Harris at 954-835-9200. Sincerely yours, Christine Harris Accounting Manager

About Special Tests and Provisions →

FY 2022-03-31

FAC accepted this audit on December 15, 2022 — management decision was due June 15, 2023.

2022-001
Other

Construction in progress was not recorded on the books of the Project in the appropriate period. Cause: Management did not timely record the construction in progress when work was performed. Effect or Potential Effect: Understatement of total assets and total liabilities on the prior year financial statements. Auditor Non-Compliance Code: Z ? Other Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor?s recommendations will be adopted. Recommendation: The Project should ensure all activity of the Project is timely and accurately recorded on the books. Response Indicator: Agree. Completion Date: 02/16/2022 Response: Management implemented new procedures to ensure the proper and timely recording of CIP transactions.

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Finding No. 2022-001: Section 8 Housing Assistance Payments Program, CFDA 14.195 Finding Resolution Status: Resolved. Information on Universe Population Size: Fixed assets. Sample Size Information: Fixed assets. Identification of Repeat Finding and Finding Reference Number: No. Criteria: All property and equipment and construction in progress additions should be recorded in the appropriate period. Statement of Condition: Construction in progress was not recorded on the books of the Project in the appropriate period. Cause: Management did not timely record the construction in progress when work was performed. Effect or Potential Effect: Understatement of total assets and total liabilities on the prior year financial statements. Auditor Non-Compliance Code: Z ? Other Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor?s recommendations will be adopted. Recommendation: The Project should ensure all activity of the Project is timely and accurately recorded on the books. Response Indicator: Agree. Completion Date: 02/16/2022 Response: Management implemented new procedures to ensure the proper and timely recording of CIP transactions.

Corrective Action Plan

Oversight Agency for Audit, Bayamon Senior Citizens Housing Company, Inc., respectfully submits the following corrective action plan for the year ended March 31, 2022. Name and address of independent public accounting firm: Bellows Associates, P.A., 5401 N University Drive, Suite 201, Coral Springs, Florida 33067 Audit period: April 1, 2021 through March 31, 2022 The findings from the March 31, 2022 schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the numbers assigned in the schedule. FINDINGS ? FINANCIAL STATEMENT AUDIT FINDING No. 2022-001: Section 8 Housing Assistance Payments Program, CFDA 14.195 Recommendation: The Project should ensure all activity of the Project is timely and accurately recorded on the books. Action Taken: Management implemented new procedures to ensure the proper and timely recording of CIP transactions. If the audit Oversight Agency has questions regarding these plans, please call Christine Harris at 954-835-9200. Sincerely yours, Christine Harris Accounting Manager

About Other →
2022-002
Special Tests & Provisions
REPEAT

The Project did not perform annual unit inspections for one tenant due to safety precautions taken in regard to the coronavirus. Cause: The Project did not conduct the annual unit inspections due to the coronavirus pandemic. Effect or Potential Effect: Unable to determine and assess whether the property has sustained any damage that require repairs. Auditor Non-Compliance Code: R ? Section 8 Program Administration Reporting Views of Responsible Officials: Management respectfully disagrees with the finding. Recommendation: The Project should perform annual unit inspections and maintain all required tenant documentation. Response Indicator: Disagree. Response: For the safety of our residents and staff, management advised the site not to perform unit inspections during the pandemic.

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Finding No. 2022-002: Section 8 Housing Assistance Payments Program, CFDA 14.195 Finding Resolution Status: Resolved. Information on Universe Population Size: 114 tenants. Sample Size Information: 20 tenants. Identification of Repeat Finding and Finding Reference Number: Yes, 2021-002. Criteria: HUD regulation requires annual unit inspections performed in a timely manner with the corresponding documentation maintained. Statement of Condition: The Project did not perform annual unit inspections for one tenant due to safety precautions taken in regard to the coronavirus. Cause: The Project did not conduct the annual unit inspections due to the coronavirus pandemic. Effect or Potential Effect: Unable to determine and assess whether the property has sustained any damage that require repairs. Auditor Non-Compliance Code: R ? Section 8 Program Administration Reporting Views of Responsible Officials: Management respectfully disagrees with the finding. Recommendation: The Project should perform annual unit inspections and maintain all required tenant documentation. Response Indicator: Disagree. Response: For the safety of our residents and staff, management advised the site not to perform unit inspections during the pandemic.

Corrective Action Plan

Oversight Agency for Audit, Bayamon Senior Citizens Housing Company, Inc., respectfully submits the following corrective action plan for the year ended March 31, 2022. Name and address of independent public accounting firm: Bellows Associates, P.A., 5401 N University Drive, Suite 201, Coral Springs, Florida 33067 Audit period: April 1, 2021 through March 31, 2022 The findings from the March 31, 2022 schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the numbers assigned in the schedule. FINDINGS AND QUESTIONED COSTS ? MAJOR FEDERAL AWARD PROGRAMS AUDIT FINDING No. 2022-002: Section 8 Housing Assistance Payments Program, CFDA 14.195 Recommendation: The Project should perform annual unit inspections and maintain all required tenant documentation. Action Taken: For the safety of our residents and staff, management advised the site not to perform unit inspections during the pandemic. If the audit Oversight Agency has questions regarding these plans, please call Christine Harris at 954-835-9200. Sincerely yours, Christine Harris Accounting Manager

Prior Finding References

2021-002

About Special Tests and Provisions →

FY 2021-03-31

FAC accepted this audit on July 14, 2021 — management decision was due January 14, 2022.

2021-001
Eligibility
REPEAT

The Project did not perform and/or maintain tenant background check ran prior to acceptance as a resident for one tenant and the initial EIV for one tenant. Cause: The Project did not adhere to HUD regulations for initial eligibility and did not perform timely income verification. Effect or Potential Effect: Unable to verify tenant eligibility and cost of assistance and residency may be disallowed. Auditor Non-Compliance Code: R ? Section 8 Program Administration Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor?s recommendations will be adopted. Recommendation: The Project should implement procedures to ensure the Project verifies eligibility by obtaining all required documents for potential tenants and verifies initial tenant income through the EIV system in a timely manner and maintain all required tenant documentation. Response Indicator: Agree. Completion Date: 12/01/2020 Response: Management has provided staff with additional HUD training inclusive of background check requirements and EIV reporting.

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Finding No. 2021-001: Section 202 Supportive Housing for the Elderly, CFDA 14.157 Finding Resolution Status: Resolved. Information on Universe Population Size: 109 tenants. Sample Size Information: 20 tenants. Identification of Repeat Finding and Finding Reference Number: Yes, 2020-001. Criteria: HUD regulation requires all tenants to have background checks performed prior to acceptance as residents and timely verification of tenant?s initial income through the use of Enterprise Verification (EIV) reports with the corresponding documentation maintained. Statement of Condition: The Project did not perform and/or maintain tenant background check ran prior to acceptance as a resident for one tenant and the initial EIV for one tenant. Cause: The Project did not adhere to HUD regulations for initial eligibility and did not perform timely income verification. Effect or Potential Effect: Unable to verify tenant eligibility and cost of assistance and residency may be disallowed. Auditor Non-Compliance Code: R ? Section 8 Program Administration Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor?s recommendations will be adopted. Recommendation: The Project should implement procedures to ensure the Project verifies eligibility by obtaining all required documents for potential tenants and verifies initial tenant income through the EIV system in a timely manner and maintain all required tenant documentation. Response Indicator: Agree. Completion Date: 12/01/2020 Response: Management has provided staff with additional HUD training inclusive of background check requirements and EIV reporting.

Corrective Action Plan

Oversight Agency for Audit, Bayamon Senior Citizens Housing Company, Inc., respectfully submits the following corrective action plan for the year ended March 31, 2021. Name and address of independent public accounting firm: Bellows Associates, P.A., 5401 N University Drive, Suite 201, Coral Springs, Florida 33067 Audit period: April 1, 2020 through March 31, 2021 The findings from the March 31, 2021 schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the numbers assigned in the schedule. FINDINGS AND QUESTIONED COSTS ? MAJOR FEDERAL AWARD PROGRAMS AUDIT FINDING No. 2021-001: Section 202 Supportive Housing for the Elderly, CFDA 14.157 Recommendation: The Project should implement procedures to ensure the Project verifies eligibility by obtaining all required documents for potential tenants and verifies initial tenant income through the EIV system in a timely manner and maintain all required tenant documentation. Action Taken: Management has provided staff with additional HUD training inclusive of background check requirements and EIV reporting. If the audit Oversight Agency has questions regarding these plans, please call Christine Harris at 954-835-9200. Sincerely yours, Christine Harris Assistant to Vice President of Finance and Accounting

Prior Finding References

2020-001

About Eligibility →
2021-002
Special Tests & Provisions

The Project did not perform annual unit inspections for ten tenants due to safety precautions taken in regard to the coronavirus. Cause: The Project did not conduct the annual unit inspections due to the coronavirus pandemic. Effect or Potential Effect: Unable to determine and assess whether the property has sustained any damage that require repairs. Auditor Non-Compliance Code: R ? Section 8 Program Administration Reporting Views of Responsible Officials: Management respectfully disagrees with the finding. Recommendation: The Project should perform annual unit inspections and maintain all required tenant documentation. Response Indicator: Disagrees. Completion Date: 03/31/2022 Response: Management advised staff not to perform unit inspections for the safety of the residents and staff during the pandemic.

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Finding No. 2021-002: Section 202 Supportive Housing for the Elderly, CFDA 14.157 Finding Resolution Status: Unresolved. Information on Universe Population Size: 109 tenants. Sample Size Information: 20 tenants. Identification of Repeat Finding and Finding Reference Number: No. Criteria: HUD regulation requires annual unit inspections performed in a timely manner with the corresponding documentation maintained. Statement of Condition: The Project did not perform annual unit inspections for ten tenants due to safety precautions taken in regard to the coronavirus. Cause: The Project did not conduct the annual unit inspections due to the coronavirus pandemic. Effect or Potential Effect: Unable to determine and assess whether the property has sustained any damage that require repairs. Auditor Non-Compliance Code: R ? Section 8 Program Administration Reporting Views of Responsible Officials: Management respectfully disagrees with the finding. Recommendation: The Project should perform annual unit inspections and maintain all required tenant documentation. Response Indicator: Disagrees. Completion Date: 03/31/2022 Response: Management advised staff not to perform unit inspections for the safety of the residents and staff during the pandemic.

Corrective Action Plan

Oversight Agency for Audit, Bayamon Senior Citizens Housing Company, Inc., respectfully submits the following corrective action plan for the year ended March 31, 2021. Name and address of independent public accounting firm: Bellows Associates, P.A., 5401 N University Drive, Suite 201, Coral Springs, Florida 33067 Audit period: April 1, 2020 through March 31, 2021 The findings from the March 31, 2021 schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the numbers assigned in the schedule. FINDING No. 2021-002: Section 202 Supportive Housing for the Elderly, CFDA 14.157 Recommendation: The Project should perform annual unit inspections and maintain all required tenant documentation. Action Taken: Management advised staff not to perform unit inspections for the safety of the residents and staff during the pandemic. If the audit Oversight Agency has questions regarding these plans, please call Christine Harris at 954-835-9200. Sincerely yours, Christine Harris Assistant to Vice President of Finance and Accounting

About Special Tests and Provisions →

FY 2020-03-31

FAC accepted this audit on June 30, 2020 — management decision was due December 30, 2020.

2020-001
Eligibility
REPEAT

Of the tenant files selected: ? One tenant background check was not run prior to acceptance as a resident. ? One tenant file did not contain verification of initial income through the use of EIV reports. Cause: The Project did not adhere to HUD regulations for initial eligibility. Effect or Potential Effect: Unable to verify tenant eligibility and cost of assistance and residency may be disallowed. Auditor Non-Compliance Code: R ? Section 8 Program Administration Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor?s recommendations will be adopted. Recommendation: The Project should implement procedures to ensure the Project verifies eligibility by obtaining all required documents for potential tenants and adequately maintains tenant files. Response Indicator: Agree. Completion Date: 08/08/2019 Response: Management has provided staff with additional HUD training, inclusive of EIV reporting and file maintenance. Management has also established policy where the regional directors will be making periodic site visits inclusive of file reviews.

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Finding No. 2020-001: Section 202 Supportive Housing for the Elderly, CFDA 14.157 Finding Resolution Status: Resolved. Information on Universe Population Size: 113 tenants. Sample Size Information: 20 tenants. Identification of Repeat Finding and Finding Reference Number: Yes, 2019-001. Criteria: HUD regulation requires: ? All tenants to have background checks performed prior to acceptance as residents. ? Timely verification of tenant?s current and initial income through the use of Enterprise Income Verification (EIV) reports. Statement of Condition: Of the tenant files selected: ? One tenant background check was not run prior to acceptance as a resident. ? One tenant file did not contain verification of initial income through the use of EIV reports. Cause: The Project did not adhere to HUD regulations for initial eligibility. Effect or Potential Effect: Unable to verify tenant eligibility and cost of assistance and residency may be disallowed. Auditor Non-Compliance Code: R ? Section 8 Program Administration Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor?s recommendations will be adopted. Recommendation: The Project should implement procedures to ensure the Project verifies eligibility by obtaining all required documents for potential tenants and adequately maintains tenant files. Response Indicator: Agree. Completion Date: 08/08/2019 Response: Management has provided staff with additional HUD training, inclusive of EIV reporting and file maintenance. Management has also established policy where the regional directors will be making periodic site visits inclusive of file reviews.

Corrective Action Plan

Oversight Agency for Audit, Bayamon Senior Citizens Housing Company, Inc., respectfully submits the following corrective action plan for the year ended March 31, 2020. Name and address of independent public accounting firm: Bellows Associates, P.A., 7890 Peters Rd., Suite G-102, Plantation, Florida 33324 Audit period: April 1, 2019 through March 31, 2020 The finding from the March 31, 2020 schedule of findings and questioned costs is discussed below. The finding is numbered consistently with the number assigned in the schedule. FINDINGS AND QUESTIONED COSTS ? MAJOR FEDERAL AWARD PROGRAMS AUDIT FINDING No. 2020-001: Section 202 Supportive Housing for the Elderly, CFDA 14.157 Recommendation: The Project should implement procedures to ensure the Project verifies eligibility by obtaining all required documents for potential tenants and adequately maintains tenant files. Action Taken: Management has provided staff with additional HUD training, inclusive of EIV reporting and file maintenance. Management has also established policy where the regional directors will be making periodic site visits inclusive of file reviews. If the audit Oversight Agency has questions regarding these plans, please call Christine Harris at 954-835-9200. Sincerely yours, Christine Harris Assistant to Vice President of Finance and Accounting

Prior Finding References

2019-001

About Eligibility →

FY 2019-03-31

FAC accepted this audit on July 4, 2019 — management decision was due January 4, 2020.

2019-001
Eligibility
REPEAT

Missing documentation in tenant files: ? One tenant file did not contain an initial background check; ? Five tenant files did not contain verification of initial income. ? One tenant did not have initial EIV report that was completed and reviewed within 90 days after transmission of the move-in certification to TRACS. Cause: The Property manager did not adhere to HUD regulations for initial eligibility. Effect or Potential Effect: Unable to verify initial eligibility and cost of assistance and residency may be disallowed. Auditor Non-Compliance Code: R ? Section 8 Program Administration FINDINGS AND QUESTIONED COSTS ? MAJOR FEDERAL AWARD PROGRAMS AUDIT (CONTINUED) Finding No. 2019-001: Section 8 Housing Assistance Payments Program CFDA 14.195 (Continued) Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor?s recommendations will be adopted. Recommendation: We recommend that the Project verifies eligibility by obtaining background checks for all potential tenants, ensuring that EIV reports are generated within 90 days after transmission of the move-in certification to TRACS, and that required documentation be maintained in the tenant files. Response Indicator: Agree. Completion Date: 05/20/2019 Response: The missing background check has subsequently been run and placed in the file. The property manager has received additional training to ensure HUD regulations are adhered to going forward.

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FINDINGS AND QUESTIONED COSTS ? MAJOR FEDERAL AWARD PROGRAMS AUDIT Finding No. 2019-001: Section 8 Housing Assistance Payments Program CFDA 14.195 Finding Resolution Status: Resolved. Information on Universe Population Size: 105 tenants. Sample Size Information: 20 tenants. Identification of Repeat Finding and Finding Reference Number: Yes, 2018-001. Criteria: HUD regulation requires: ? All tenants to have background checks performed prior to acceptance as residents; ? Verification of initial income must be performed. ? HUD regulations requires timely verification of tenants current and initial income through the use of Enterprise Income Verification (EIV) reports. Statement of Condition: Missing documentation in tenant files: ? One tenant file did not contain an initial background check; ? Five tenant files did not contain verification of initial income. ? One tenant did not have initial EIV report that was completed and reviewed within 90 days after transmission of the move-in certification to TRACS. Cause: The Property manager did not adhere to HUD regulations for initial eligibility. Effect or Potential Effect: Unable to verify initial eligibility and cost of assistance and residency may be disallowed. Auditor Non-Compliance Code: R ? Section 8 Program Administration FINDINGS AND QUESTIONED COSTS ? MAJOR FEDERAL AWARD PROGRAMS AUDIT (CONTINUED) Finding No. 2019-001: Section 8 Housing Assistance Payments Program CFDA 14.195 (Continued) Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor?s recommendations will be adopted. Recommendation: We recommend that the Project verifies eligibility by obtaining background checks for all potential tenants, ensuring that EIV reports are generated within 90 days after transmission of the move-in certification to TRACS, and that required documentation be maintained in the tenant files. Response Indicator: Agree. Completion Date: 05/20/2019 Response: The missing background check has subsequently been run and placed in the file. The property manager has received additional training to ensure HUD regulations are adhered to going forward.

Corrective Action Plan

Oversight Agency for Audit, Bayamon Senior Citizens Housing Company, Inc., respectfully submits the following corrective action plan for the year ended March 31, 2019. Name and address of independent public accounting firm: Bellows Associates, P.A., 7890 Peters Rd., Suite G-102, Plantation, Florida 33324 Audit period: April 1, 2018 through March 31, 2019 The finding from the March 31, 2019 schedule of findings and questioned costs is discussed below. FINDINGS AND QUESTIONED COSTS ? MAJOR FEDERAL AWARD PROGRAMS AUDIT FINDING No. 2019-001: Section 8 Housing Assistance Payments Program, CFDA 14.195 Recommendation: We recommend that the Project verifies eligibility by obtaining background checks for all potential tenants, ensuring that EIV reports are generated within 90 days after transmission of the move-in certification to TRACS, and that required documentation be maintained in the tenant files. Action Taken: The missing background check has subsequently been run and placed in the file. The property manager has received additional training to ensure HUD regulations are adhered to going forward. If the audit Oversight Agency has questions regarding these plans, please call Christine Harris at 954-835-9200. Sincerely yours, Christine Harris Assistant to Vice President of Finance and Accounting

Prior Finding References

2018-001

About Eligibility →

FY 2018-03-31

FAC accepted this audit on July 4, 2018 — management decision was due January 4, 2019.

2018-001
Eligibility
REPEAT

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2017-001

About Eligibility →

FY 2017-03-31

FAC accepted this audit on September 26, 2017 — management decision was due March 26, 2018.

2017-001
Eligibility

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

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2017-002
Special Tests & Provisions
QUESTIONED COSTS

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

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2017-003
Reporting
MATERIAL WEAKNESS

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

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