EIN: 581575222
UEI: TZNVJV2R7J19
Audited by: Cohnreznick LLP
Oversight agency: 14 [Department of Housing and Urban Development]
View federal awards & risk assessment →
Data as of August 28, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on June 24, 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 December 24, 2026 (117 days from today).
What is a management decision? →The Single Audit was not submitted to the Federal Audit Clearinghouse (FAC) within nine months after the fiscal year end of the Corporation for the year ended September 30, 2024. Cause: Management does not have controls in place to timely file its financial statements with the FAC. Effect or Potential Effect: Management is not in compliance with the requirement to timely submit the Single Audit to the FAC. Questioned Costs: None Context: Management does not have a process in place to ensure that all audits are submitted to the FAC timely. Identification as a Repeat Finding: No Recommendation: Management should implement procedures to ensure that the financial statements are submitted to the FAC in accordance with the FAC filing requirements. Auditor Noncompliance Code: Z - Other Finding Resolution Status: Resolved Views of Responsible Officials: Management agrees with the finding and is taking steps to address the issue that caused it.
Show full finding ▾Hide full finding ▴Finding No. 2025-001 - Reporting U.S. Department of Housing and Urban Development Federal Program Name: Section 202 Supportive Housing for the Elderly Assistance Listing Number: 14.157 Criteria: The FAC requires that the annual financial statements be submitted the earlier of 30 days after the report date or nine months after the fiscal year end. Condition: The Single Audit was not submitted to the Federal Audit Clearinghouse (FAC) within nine months after the fiscal year end of the Corporation for the year ended September 30, 2024. Cause: Management does not have controls in place to timely file its financial statements with the FAC. Effect or Potential Effect: Management is not in compliance with the requirement to timely submit the Single Audit to the FAC. Questioned Costs: None Context: Management does not have a process in place to ensure that all audits are submitted to the FAC timely. Identification as a Repeat Finding: No Recommendation: Management should implement procedures to ensure that the financial statements are submitted to the FAC in accordance with the FAC filing requirements. Auditor Noncompliance Code: Z - Other Finding Resolution Status: Resolved Views of Responsible Officials: Management agrees with the finding and is taking steps to address the issue that caused it.
Project Legal Name: Booth Residence, Inc., A Georgia Corporation HUD Project No.: 061-11293 Audit Firm: CohnReznick LLP Period covered by the audit: 10/01/24-9/03/25 (day before sale) Corrective Action Plan prepared by: Name: Philip Gesner Position: Financial Project Manager, USA Southern Territory Finance Department Telephone Number: 470-816-5977 A. Current Findings on the Schedule of Findings, Questioned Costs and Recommendations 1. Finding 2025-001 a. Comments on the Finding and Each Recommendation The auditee agrees with the finding. The auditee agrees with the recommendation to implement procedures to ensure that the financial statements are submitted to the FAC in accordance with the FAC filing requirements. b. Action(s) Taken or Planned on the Finding Management agrees with the finding and notes that the property was sold on September 4, 2025 to an unrelated party, therefore we consider this finding closed and no further action required.
FAC accepted this audit on August 13, 2025 — management decision was due February 13, 2026.
FAC accepted this audit on June 27, 2024 — management decision was due December 27, 2024.
Department of Housing and Urban Development Section 8 Housing Assistance Program, AL 14.195 Criteria Tenant lease files are required to be maintained and tenant eligibility determined in accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs. Condition In connection with our lease file review we noted the following deficiencies: -6 out of 9 tenants tested did not have documentation in their lease file that their income was verified using EIV. - 2 out of 2 tenants tested did not have move in inspections in their lease files Cause Management's policies with respect to the determination of tenant eligibility and the maintenance of tenant lease files in accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs were not consistently followed, and there were no procedures in place to ensure these tasks were performed during transition to new management. Effect The procedures for determining eligibility and maintaining tenant lease files were not consistently applied in accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs. This could result in units being rented to ineligible tenants or errors in the rent subsidies paid by HUD. Questioned Costs: None Context Procedures were not in place during the transition to new management to ensure HUD policies as it relates to tenant eligibility and maintaining tenant lease files were not followed at all times. Identification as a Repeat Finding This finding is not a repeat finding Recommendation We recommend that management review its internal controls over obtaining and maintaining tenant file documentation to ensure compliance with eligibility requirements. Views of Responsible Officials
Show full finding ▾Hide full finding ▴Department of Housing and Urban Development Section 8 Housing Assistance Program, AL 14.195 Criteria Tenant lease files are required to be maintained and tenant eligibility determined in accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs. Condition In connection with our lease file review we noted the following deficiencies: -6 out of 9 tenants tested did not have documentation in their lease file that their income was verified using EIV. - 2 out of 2 tenants tested did not have move in inspections in their lease files Cause Management's policies with respect to the determination of tenant eligibility and the maintenance of tenant lease files in accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs were not consistently followed, and there were no procedures in place to ensure these tasks were performed during transition to new management. Effect The procedures for determining eligibility and maintaining tenant lease files were not consistently applied in accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs. This could result in units being rented to ineligible tenants or errors in the rent subsidies paid by HUD. Questioned Costs: None Context Procedures were not in place during the transition to new management to ensure HUD policies as it relates to tenant eligibility and maintaining tenant lease files were not followed at all times. Identification as a Repeat Finding This finding is not a repeat finding Recommendation We recommend that management review its internal controls over obtaining and maintaining tenant file documentation to ensure compliance with eligibility requirements. Views of Responsible Officials
Project Legal Name: Booth Residence, Inc., a Georgia Corporation HUD Project No.: 061-11293 Audit Firm: CohnReznick LLP Period covered by the audit: 10/1/2022-9/30/2023 Corrective Action Plan prepared by: Name: Sriparna Mitra Position: HUD Specialist, THQ (Legal) Telephone Number: 404-728-6700 The following is a recommended format to be followed by the auditee for preparing a corrective action plan: A. Current Findings on the Schedule of Findings, Questioned Costs and Recommendations 1. Finding 2023-001 a. Comments on the Finding and Each Recommendation Management agrees with the finding and has taken steps to address the issue that caused it. b. Action(s) Taken or Planned on the Finding An experienced third-party management agent approved by HUD was hired to maintain tenant file documentation and to ensure compliance with HUD eligibility requirements.
Department of Housing and Urban Development Section 8 Housing Assistance Program, AL 14.195 Criteria HUD regulations require the project’s management agent to have fidelity bond coverage equal to the greater of $50,000 or the value of two months gross potential rent. If the policy covers more than one project, this minimum must be computed using the project with the highest gross potential rent. Condition The Owner did not provide evidence of fidelity bond coverage as required by HUD regulations. Cause The Owner was unable to provide evidence of the required minimum coverage. Effect Management may have coverage below HUD’s required minimum in violation of HUD regulations. Questioned Costs: None Context The Owner did not provide evidence of fidelity bond coverage to the audit team. Identification as a Repeat Finding This finding is not a repeat finding Recommendation Management should obtain fidelity coverage as required by HUD regulations immediately or should provide evidence sufficient fidelity bond insurance was obtained through the year ended September 30, 2023. Views of Responsible Officials
Show full finding ▾Hide full finding ▴Department of Housing and Urban Development Section 8 Housing Assistance Program, AL 14.195 Criteria HUD regulations require the project’s management agent to have fidelity bond coverage equal to the greater of $50,000 or the value of two months gross potential rent. If the policy covers more than one project, this minimum must be computed using the project with the highest gross potential rent. Condition The Owner did not provide evidence of fidelity bond coverage as required by HUD regulations. Cause The Owner was unable to provide evidence of the required minimum coverage. Effect Management may have coverage below HUD’s required minimum in violation of HUD regulations. Questioned Costs: None Context The Owner did not provide evidence of fidelity bond coverage to the audit team. Identification as a Repeat Finding This finding is not a repeat finding Recommendation Management should obtain fidelity coverage as required by HUD regulations immediately or should provide evidence sufficient fidelity bond insurance was obtained through the year ended September 30, 2023. Views of Responsible Officials
2. Finding 2023-002 c. Comments on the Finding and Each Recommendation Management agrees with the finding that evidence of a fidelity bond policy was not provided, however, a policy was in place, we were not able to provide evidence to the auditor. d. Action(s) Taken or Planned on the Finding We will implement procedures to ensure we can provide evidence of proper fidelity bond coverage as required by HUD.
FAC accepted this audit on February 27, 2023 — management decision was due August 27, 2023.
Department of Housing and Urban Development Finding 2022-001 Section 223(a)(7) Mortgage Insurance Program, AL 14.155 Statement of Condition During the year ended September 30, 2022, management did not make the full required residual receipts reserve deposit in the amount of $9,123 within 90 days of year end, as required by HUD. Criteria Residual receipts reserve deposits should be made within 90 days of year end. Effect The Organization is not in compliance with the requirements of the regulatory agreement. Cause Controls are not in place to ensure that required residual receipts reserve deposits are made timely. The deposit amount was revised upwards based on the final audited financial statements and management did not realize the deposit amount had been increased from original estimates. Recommendation Management should establish internal controls and procedures to ensure that required residual receipts reserve deposits are made timely. Auditor Noncompliance Code: B. Failure to make required residual receipts deposit (REAC); N- Special Tests and Provisions (UG) Finding Resolution Status: Resolved Reporting Views of Responsible Officials Management did not make the required deposit timely as the fiscal year 2021 audit was so delayed that the calculation wasn't finalized in time to make the correct deposit amount prior to the December 2021 deadline. The initially calculated amount was deposited timely. The updated amount wasn't provided until June 2022. The amount was deposited on September 27, 2022. Management is working to get the fiscal year 2022 audit done in a more-timely manner.
Show full finding ▾Hide full finding ▴Department of Housing and Urban Development Finding 2022-001 Section 223(a)(7) Mortgage Insurance Program, AL 14.155 Statement of Condition During the year ended September 30, 2022, management did not make the full required residual receipts reserve deposit in the amount of $9,123 within 90 days of year end, as required by HUD. Criteria Residual receipts reserve deposits should be made within 90 days of year end. Effect The Organization is not in compliance with the requirements of the regulatory agreement. Cause Controls are not in place to ensure that required residual receipts reserve deposits are made timely. The deposit amount was revised upwards based on the final audited financial statements and management did not realize the deposit amount had been increased from original estimates. Recommendation Management should establish internal controls and procedures to ensure that required residual receipts reserve deposits are made timely. Auditor Noncompliance Code: B. Failure to make required residual receipts deposit (REAC); N- Special Tests and Provisions (UG) Finding Resolution Status: Resolved Reporting Views of Responsible Officials Management did not make the required deposit timely as the fiscal year 2021 audit was so delayed that the calculation wasn't finalized in time to make the correct deposit amount prior to the December 2021 deadline. The initially calculated amount was deposited timely. The updated amount wasn't provided until June 2022. The amount was deposited on September 27, 2022. Management is working to get the fiscal year 2022 audit done in a more-timely manner.
CORRECTIVE ACTION PLAN Project Legal Name: The Salvation Army William Booth Towers Atlanta, GA (? Project of Booth Residence, Inc., a Georgia Corporation) HUD Project No.: 061-11293 Audit Firm: CohnReznick LLP Period covered by the audit: 10/1/2021-9/30/2022 Corrective Action Plan prepared by: Name: Sriparna Mitra Position: HUD Specialist, THQ (Legal) Telephone Number: 404-728-6700 A. Current Findings on the Schedule of Findings, Questioned Costs and Recommendations 1. Finding 2022-001 a. Comments on the Finding and Each Recommendation The auditee agrees with the finding. The auditee agrees with the recommendation to ensure that required residual receipts reserve deposits and any audit adjustments based on revised numbers are made timely. b. Action(s) Taken or Planned on the Finding Management did not make the required deposit timely as the fiscal year 2021 audit was so delayed that the calculation wasn't finalized in time to make the correct deposit amount prior to the December 2021 deadline. The initially calculated amount was deposited timely. The updated amount wasn't provided until June 2022. The additional amount owed was deposited on September 27, 2022. Management is working to get the fiscal year 2022 audit done in a more timely manner. B. Status of Corrective Actions on Findings Reported in the Schedule of the Status of Prior Year Findings, Questioned Costs and Recommendations 1. Finding 2021-001 Cleared.
FAC accepted this audit on June 27, 2022 — management decision was due December 27, 2022.
Findings - Major Federal Award Program Audit Department of Housing and Urban Development Finding 2021-001 Section 223(a)(7) Mortgage Insurance Program, CFDA 14.155 Statement of Condition The Single Audit was not submitted to the Federal Audit Clearinghouse (FAC) within nine months after the fiscal year end of the Company for the year ended September 30, 2020. Criteria The FAC requires that the annual financial statements be submitted the earlier of 30 days after the report date or nine months after the fiscal year end. Effect Management is not in compliance with the requirement to timely submit the Single Audit to the FAC. Cause Management does not have controls in place to timely file its financial statements with the FAC. Recommendation Management should implement procedures to ensure that the financial statements are submitted to the FAC in accordance with the FAC filing requirements. Auditor Noncompliance Code: L - Reporting (FAC) , Z - Other (REAC) Finding Resolution Status: Resolved Reporting Views of Responsible Officials Management agrees with the finding and is taking steps to address the issue that caused it.
Show full finding ▾Hide full finding ▴Findings - Major Federal Award Program Audit Department of Housing and Urban Development Finding 2021-001 Section 223(a)(7) Mortgage Insurance Program, CFDA 14.155 Statement of Condition The Single Audit was not submitted to the Federal Audit Clearinghouse (FAC) within nine months after the fiscal year end of the Company for the year ended September 30, 2020. Criteria The FAC requires that the annual financial statements be submitted the earlier of 30 days after the report date or nine months after the fiscal year end. Effect Management is not in compliance with the requirement to timely submit the Single Audit to the FAC. Cause Management does not have controls in place to timely file its financial statements with the FAC. Recommendation Management should implement procedures to ensure that the financial statements are submitted to the FAC in accordance with the FAC filing requirements. Auditor Noncompliance Code: L - Reporting (FAC) , Z - Other (REAC) Finding Resolution Status: Resolved Reporting Views of Responsible Officials Management agrees with the finding and is taking steps to address the issue that caused it.
Finding 2021-001 a. Comments on the Finding and Each Recommendation The auditee agrees with the finding. The auditee agrees with the recommendation to implement procedures to ensure that the financial statements are submitted to the FAC in accordance with the FAC filing requirement. b. Action(s) Taken or Planned on the Finding The filing was submitted and management has implemented procedures to ensure the 2021 audit was filed timely with the FAC.
FAC accepted this audit on May 3, 2022 — management decision was due November 3, 2022.
FAC accepted this audit on June 7, 2020 — management decision was due December 7, 2020.
FAC accepted this audit on June 23, 2019 — management decision was due December 23, 2019.
GSA_MIGRATION
Show full finding ▾Hide full finding ▴FAC accepted this audit on July 17, 2018 — management decision was due January 17, 2019.
FAC accepted this audit on May 15, 2017 — management decision was due November 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.
Track your findings and corrective action plans across audit cycles.
Start tracking findings →Monitor subrecipient audit findings and filing records.
Start monitoring →© 2026 Single Audit Intelligence. All data is public domain.
