SNHS ELDERLY HOUSING V, INC.

EIN: 562435210

UEI: JRD1JJEHUME4

Data as of August 21, 2026

SNHS ELDERLY HOUSING V, INC.10 audit years4 findings1 repeat
10
Audit Years
4
Total Findings
1
Repeat Findings

FY 2024-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on October 1, 2024. 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 1, 2025 (508 days ago).

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2024-001
Eligibility
REPEAT

Several tenant files had recertification errors that resulted in corrections being needed. Cause: Lack of oversight by property manager. Effect: Tenant and HUD portions of rent were inaccurate. Context: Auditor selected tenant files to test the tenant eligibility, income and allowable expenses and noted multiple files in which the income and/or expenses were not calculated correctly. Recommendation: A procedure be implemented to require a second person review tenant files for proper income and expense calculations.

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Full finding narrative

Finding status: In process Information or Universe Population Size: Population was 31 units. Sample Size Information: 5 files were selected for testing. Indication of repeat finding: Yes, 2023-001 Criteria: HUD requires each tenant be recertified annually. The recertification includes calculating the tenant income and expenses to arrive at the tenant rent and HUD rent. Condition: Several tenant files had recertification errors that resulted in corrections being needed. Cause: Lack of oversight by property manager. Effect: Tenant and HUD portions of rent were inaccurate. Context: Auditor selected tenant files to test the tenant eligibility, income and allowable expenses and noted multiple files in which the income and/or expenses were not calculated correctly. Recommendation: A procedure be implemented to require a second person review tenant files for proper income and expense calculations.

Corrective Action Plan

Completed corrective action: Manager completed correction and new HUD 50059A recertification's corrected for June 30, 2024. Ongoing Corrective Action: Additional file review after recertifications and move-ins. Additional trainings for Income VS Assets for all managers. Complete review of all previous manager's files.

Prior Finding References

2023-001

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FY 2023-06-30

FAC accepted this audit on October 24, 2023 — management decision was due April 24, 2024.

2023-001
Eligibility

Two tenant files had recertification errors that resulted in corrections being needed. Criteria: HUD requires each tenant be recertified annually. The recertification includes calculating the tenant income and expenses to arrive at the tenant rent and HUD rent. Effect: Tenant and HUD portions of rent were inaccurate. Context: Auditor selected tenant files to test the tenant eligibility, income and allowable expenses and noted multiple files in which the income and/or expenses were not calculated correctly. Cause: Oversight by property manager. Recommendation: A procedure be implemented to ensure that all tenant income and expenses are calculated correctly.

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Full finding narrative

Information or Universe Population Size: Population was 32 units. Sample Size Information: 5 files were selected for testing. Condition: Two tenant files had recertification errors that resulted in corrections being needed. Criteria: HUD requires each tenant be recertified annually. The recertification includes calculating the tenant income and expenses to arrive at the tenant rent and HUD rent. Effect: Tenant and HUD portions of rent were inaccurate. Context: Auditor selected tenant files to test the tenant eligibility, income and allowable expenses and noted multiple files in which the income and/or expenses were not calculated correctly. Cause: Oversight by property manager. Recommendation: A procedure be implemented to ensure that all tenant income and expenses are calculated correctly.

Corrective Action Plan

Completed corrective action: Manager completed correction and new HUD 50059A recertification's corrected for June 30, 2023. Ongoing Corrective Action: Additional file review after recertifications and move-ins. Additional trainings for Income VS Assets for all managers.

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FY 2018-06-30

FAC accepted this audit on September 26, 2018 — management decision was due March 26, 2019.

2018-001
Special Tests & Provisions

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

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FY 2016-06-30

FAC accepted this audit on October 6, 2016 — management decision was due April 6, 2017.

2016-001
Special Tests & Provisions

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

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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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