EIN: 521190661
UEI: JJXTCVE31RJ5
Audited by: Rubino & Company, Chartered
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 October 10, 2025. 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 April 10, 2026 (141 days ago).
What is a management decision? →2024-1 – Management and Occupancy Review (MOR) Statement of Condition The US Department of Housing and Urban Development conducted a Management and Occupancy Review (MOR) on June 26, 2024. Their report, dated July 19, 2024, reflected an Unsatisfactory rating related to Leasing and Occupancy and General Management Practices as well as a Below Average rating on Maintenance and Standard Operating Procedure. However, the report did give a satisfactory or above average rating related to the other areas covered in the report. Criteria The Housing Assistance Payments (HAP) Contract requires compliance regarding the physical building and tenant files to be in accordance with the contract requirements. Effect Failure to comply with the Regulatory Agreement and the HAP contract is a violation of HUD regulations. Cause The property was in the process of transitioning the management over to a new management agent, making it more difficult to maintain effective policies and procedures related to the tenant files and recertifications. Recommendation Management must perform the corrective actions as required by the MOR by the target completion date. Management/Owner Response The Board agrees with the findings is taking action to correct the findings and implement the recommendations.
Show full finding ▾Hide full finding ▴2024-1 – Management and Occupancy Review (MOR) Statement of Condition The US Department of Housing and Urban Development conducted a Management and Occupancy Review (MOR) on June 26, 2024. Their report, dated July 19, 2024, reflected an Unsatisfactory rating related to Leasing and Occupancy and General Management Practices as well as a Below Average rating on Maintenance and Standard Operating Procedure. However, the report did give a satisfactory or above average rating related to the other areas covered in the report. Criteria The Housing Assistance Payments (HAP) Contract requires compliance regarding the physical building and tenant files to be in accordance with the contract requirements. Effect Failure to comply with the Regulatory Agreement and the HAP contract is a violation of HUD regulations. Cause The property was in the process of transitioning the management over to a new management agent, making it more difficult to maintain effective policies and procedures related to the tenant files and recertifications. Recommendation Management must perform the corrective actions as required by the MOR by the target completion date. Management/Owner Response The Board agrees with the findings is taking action to correct the findings and implement the recommendations.
Recommendation Management must perform the corrective actions as required by the MOR by the target completion date. Management/Owner Response The Board agrees with the findings is taking action to correct the findings and implement the recommendations.
2022-001
2024-2 – Management and Maintenance of Financial and Accounting Records Statement of Condition Management is required to maintain the accounting books and records in accordance with generally accepted accounting principles and HUD regulations. During the period November 1, 2024 through December 31, 2024, we were unable to obtain sufficient accounting records maintained in accordance with generally accepted accounting principles and HUD regulations as well as sufficient appropriate audit evidence to enable us to express an opinion on the financial statements. Criteria Management is required to maintain the accounting books and records in accordance with generally accepted accounting principles and HUD regulations. Effect Failure to properly/adequately maintain accounting records is a violation of HUD regulations and resulted in a disclaimer of opinion for the 2024 audit. Cause The Board transitioned the management of the property over to a new management agent beginning November 1, 2024 and the new management agent did not provide or maintain the accounting records in accordance with generally accepted accounting principles and HUD regulations. Recommendation The Board and management should hire an accountant with HUD experience to help correct the books and records in order to comply with HUD regulations and to conform with generally accepted accounting principles. Management/Owner Response The Board agrees with the findings is taking action to correct the findings and implement the recommendations.
Show full finding ▾Hide full finding ▴2024-2 – Management and Maintenance of Financial and Accounting Records Statement of Condition Management is required to maintain the accounting books and records in accordance with generally accepted accounting principles and HUD regulations. During the period November 1, 2024 through December 31, 2024, we were unable to obtain sufficient accounting records maintained in accordance with generally accepted accounting principles and HUD regulations as well as sufficient appropriate audit evidence to enable us to express an opinion on the financial statements. Criteria Management is required to maintain the accounting books and records in accordance with generally accepted accounting principles and HUD regulations. Effect Failure to properly/adequately maintain accounting records is a violation of HUD regulations and resulted in a disclaimer of opinion for the 2024 audit. Cause The Board transitioned the management of the property over to a new management agent beginning November 1, 2024 and the new management agent did not provide or maintain the accounting records in accordance with generally accepted accounting principles and HUD regulations. Recommendation The Board and management should hire an accountant with HUD experience to help correct the books and records in order to comply with HUD regulations and to conform with generally accepted accounting principles. Management/Owner Response The Board agrees with the findings is taking action to correct the findings and implement the recommendations.
Recommendation The Board and management should hire an accountant with HUD experience to help correct the books and records in order to comply with HUD regulations and to conform with generally accepted accounting principles. Management/Owner Response The Board agrees with the findings is taking action to correct the findings and implement the recommendations.
FAC accepted this audit on October 10, 2025 — management decision was due April 10, 2026.
FAC accepted this audit on October 20, 2023 — management decision was due April 20, 2024.
The US Department of Housing and Urban Development conducted a Management and Occupancy Review (MOR) on November 28, 2022. Their report, dated November 28, 2022, reflected a below average rating related to Leasing and Occupancy and General Management Practices. However, the report did give an above average rating related to physical building inspection. Criteria: The Housing Assistance Payments (HAP) Contract requires compliance regarding the physical building and tenant files to be in accordance with the contract requirements. Effect: Failure to comply with the Regulatory Agreement and the HAP contract is a violation of HUD regulations. Cause: The property was in the process of transitioning the management over to a new management agent, making it more difficult to maintain effective policies and procedures related to the tenant files and recertifications. Recommendation: Management must perform the corrective actions as required by the MOR by the target completion date. Management/Owner Response: The Board and Management agree with the findings and the new management agent has taken action to correct the findings and implement the recommendations. As of the date of these financial statements, these steps had been taken and the property received a notice from HUD stating that they had satisfactorily completed all corrective action and that the MOR was considered closed.
Show full finding ▾Hide full finding ▴Statement of Condition: The US Department of Housing and Urban Development conducted a Management and Occupancy Review (MOR) on November 28, 2022. Their report, dated November 28, 2022, reflected a below average rating related to Leasing and Occupancy and General Management Practices. However, the report did give an above average rating related to physical building inspection. Criteria: The Housing Assistance Payments (HAP) Contract requires compliance regarding the physical building and tenant files to be in accordance with the contract requirements. Effect: Failure to comply with the Regulatory Agreement and the HAP contract is a violation of HUD regulations. Cause: The property was in the process of transitioning the management over to a new management agent, making it more difficult to maintain effective policies and procedures related to the tenant files and recertifications. Recommendation: Management must perform the corrective actions as required by the MOR by the target completion date. Management/Owner Response: The Board and Management agree with the findings and the new management agent has taken action to correct the findings and implement the recommendations. As of the date of these financial statements, these steps had been taken and the property received a notice from HUD stating that they had satisfactorily completed all corrective action and that the MOR was considered closed.
Statement of Condition: The US Department of Housing and Urban Development conducted a Management and Occupancy Review (MOR) on November 28, 2022. Their report, dated November 28, 2022, reflected a below average rating related to Leasing and Occupancy and General Management Practices. However, the report did give an above average rating related to physical building inspection. Criteria: The Housing assistance Payments (HAP) Contract requires compliance regarding the physical building and tenant files to be in accordance with the contract requirements. Effect: Failure to comply with the Regulatory Agreement and the HAP contract is a violation of HUD regulations. Cause: The property was in the process of transitioning the management over to a new management agent, making it more difficult to maintain effective policies and procedures related to the tenant files and recertifications. Recommendation: Management must perform the corrective actions as required by the MOR by the target completion date. Views of Responsible Officials and Planned Corrective Action: The Board and Management agree with the findings and the new management agent has taken action to correct the findings and implement the recommendations. Action Taken: As of the date of these financial statements, these steps had been taken and the property received a notice from HUD stating that they had satisfactorily completed all corrective action and that the MOR was considered closed. Anticipated Completion Date: Completed.
FAC accepted this audit on September 29, 2022 — management decision was due March 29, 2023.
FAC accepted this audit on June 21, 2021 — management decision was due December 21, 2021.
FAC accepted this audit on August 18, 2020 — management decision was due February 18, 2021.
FAC accepted this audit on August 25, 2019 — management decision was due February 25, 2020.
FAC accepted this audit on August 16, 2018 — management decision was due February 16, 2019.
FAC accepted this audit on August 1, 2017 — management decision was due February 1, 2018.
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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