EIN: 591210087
UEI: MC5CQB23ML25
Audited by: MADDOX & ASSOCIATES, APC
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 November 11, 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 May 11, 2025 (475 days ago).
What is a management decision? →FAC accepted this audit on July 10, 2023 — management decision was due January 10, 2024.
FAC accepted this audit on June 13, 2022 — management decision was due December 13, 2022.
The security deposit account is not fully funded. Cause: Procedures in place to ensure that tenant security deposits are fully funded were not followed. Effect or Potential Effect: The security deposits account does not have sufficient funds to make refunds to all tenants. Auditor Non-Compliance Code: M Questioned Costs: There are no questioned costs. The finding does not relate to an undocumented transaction or unreasonable expenditure. Reporting Views of Responsible Officials: Management agrees with the finding. The security deposit deficiency was funded on March 7, 2022 in the amount of $6,903. Management will ensure that the security deposits are properly funded in the future. Context: The security deposit account is not fully funded. Recommendation: Management should compare the reconciled cash account to the security deposit listing to ensure that there is enough cash to refund all tenant deposits. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations: Management agrees with the finding. The security deposit deficiency was funded on March 7, 2022 in the amount of $6,903. Management will ensure that the security deposits are properly funded in the future. Response Indicator: Agree Completion Date: March 7, 2022 Response: Management agrees with the finding. The security deposit deficiency was funded on March 7, 2022 in the amount of $6,903. Management will ensure that the security deposits are properly funded in the future.
Show full finding ▾Hide full finding ▴Finding Reference Number: 2021-001 Type of Finding: FA Finding Resolution Status: Resolved Information on Universe Population Size: The finding was not a result of a sampling procedure. Sample Size Information: The finding was not a result of a sampling procedure. Identification of Repeat Finding and Finding Reference Number: This is not a repeat finding. Criteria: The regulatory agreement requires that the balance in the security deposit account cannot be less than the security deposit obligation. Statement of Condition: The security deposit account is not fully funded. Cause: Procedures in place to ensure that tenant security deposits are fully funded were not followed. Effect or Potential Effect: The security deposits account does not have sufficient funds to make refunds to all tenants. Auditor Non-Compliance Code: M Questioned Costs: There are no questioned costs. The finding does not relate to an undocumented transaction or unreasonable expenditure. Reporting Views of Responsible Officials: Management agrees with the finding. The security deposit deficiency was funded on March 7, 2022 in the amount of $6,903. Management will ensure that the security deposits are properly funded in the future. Context: The security deposit account is not fully funded. Recommendation: Management should compare the reconciled cash account to the security deposit listing to ensure that there is enough cash to refund all tenant deposits. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations: Management agrees with the finding. The security deposit deficiency was funded on March 7, 2022 in the amount of $6,903. Management will ensure that the security deposits are properly funded in the future. Response Indicator: Agree Completion Date: March 7, 2022 Response: Management agrees with the finding. The security deposit deficiency was funded on March 7, 2022 in the amount of $6,903. Management will ensure that the security deposits are properly funded in the future.
Finding Reference Number: 2021-001 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. The security deposit deficiency was funded on March 7, 2022 in the amount of $6,903. Management will ensure that the security deposits are properly funded in the future. Completion Date: March 7, 2022
FAC accepted this audit on March 31, 2021 — management decision was due October 1, 2021.
The property received a score of 39c on its REAC Physical Inspection conducted on February 13, 2020. Cause: The project?s preventative maintenance plan was ineffective. Effect or Potential Effect: Conditions must be corrected to avoid violating the regulatory agreement and housing quality standards. Auditor Non-Compliance Code: I Questioned Costs: There are no questioned costs. The finding does not relate to an undocumented transaction or unreasonable expenditure. Reporting Views of Responsible Officials: Management agrees with the finding. Management has implemented a preventative maintenance plan. Context: The property received a score of 39c on its REAC Physical Inspection conducted on February 13, 2020. Recommendation: The property should develop, implement, and maintain a preventative maintenance schedule that ensures timely and effective maintenance is performed. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations: Management agrees with the finding. Management has implemented a preventative maintenance plan. Response Indicator: Agree Completion Date: October 2, 2020 Response: Management agrees with the finding. Management has implemented a preventative maintenance plan.
Show full finding ▾Hide full finding ▴Finding Reference Number: 2020-001 Type of Finding: FA Finding Resolution Status: Resolved Information on Universe Population Size: The finding was not a result of a sampling procedure. Sample Size Information: The finding was not a result of a sampling procedure. Identification of Repeat Finding and Finding Reference Number: This is not a repeat finding. Criteria: Physical inspections must meet minimum rating requirements. Statement of Condition: The property received a score of 39c on its REAC Physical Inspection conducted on February 13, 2020. Cause: The project?s preventative maintenance plan was ineffective. Effect or Potential Effect: Conditions must be corrected to avoid violating the regulatory agreement and housing quality standards. Auditor Non-Compliance Code: I Questioned Costs: There are no questioned costs. The finding does not relate to an undocumented transaction or unreasonable expenditure. Reporting Views of Responsible Officials: Management agrees with the finding. Management has implemented a preventative maintenance plan. Context: The property received a score of 39c on its REAC Physical Inspection conducted on February 13, 2020. Recommendation: The property should develop, implement, and maintain a preventative maintenance schedule that ensures timely and effective maintenance is performed. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations: Management agrees with the finding. Management has implemented a preventative maintenance plan. Response Indicator: Agree Completion Date: October 2, 2020 Response: Management agrees with the finding. Management has implemented a preventative maintenance plan.
Finding Reference Number: 2020-001 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. Management has implemented a preventative maintenance plan. Completion Date: October 2, 2020
FAC accepted this audit on May 4, 2020 — management decision was due November 4, 2020.
FAC accepted this audit on April 1, 2019 — management decision was due October 1, 2019.
FAC accepted this audit on May 21, 2018 — management decision was due November 21, 2018.
FAC accepted this audit on May 23, 2017 — management decision was due November 23, 2017.
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