EIN: 716044543
UEI: KM3WC3K3NCL9
Data as of August 26, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on January 26, 2020. 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 July 26, 2020 (2222 days ago).
What is a management decision? →CFDA #14.151 ? Supplemental Loan Insurance ? Multifamily Rental ? U.S. Department of Housing and Urban Development Criteria or Specific Requirement ? The Hospital is required to submit financial reports to HUD on a monthly basis and submit audited financial statements to HUD 60 days after receipt of the issued audited financial statements. Condition ? During fiscal year 2019, the Hospital did not submit the required reports in a manner consistent with the loan agreement, however, the reports were submitted as they were requested by HUD. Context ? During testing, we noted that the audited financial statements were sent to HUD 117 days after receipt, and that four quarterly financial reports were submitted to HUD instead of 12 monthly reports as stated in the loan documents. Questioned cost ? N/A Effect ? Failure to submit financial reports in a timely manner consistent with the loan documents may be considered noncompliance by the Department of Housing and Urban Development. Cause ? Controls were not in place to ensure the reporting to HUD was consistent with the loan agreement. Recommendation ? We recommend management review the loan agreements for any applicable compliance requirements and implement controls to ensure the Hospital complies with these requirements. Views of Responsible Officials and Planned Corrective Actions ? Management concurs with the finding and will implement controls to ensure compliance requirements are met.
Show full finding ▾Hide full finding ▴CFDA #14.151 ? Supplemental Loan Insurance ? Multifamily Rental ? U.S. Department of Housing and Urban Development Criteria or Specific Requirement ? The Hospital is required to submit financial reports to HUD on a monthly basis and submit audited financial statements to HUD 60 days after receipt of the issued audited financial statements. Condition ? During fiscal year 2019, the Hospital did not submit the required reports in a manner consistent with the loan agreement, however, the reports were submitted as they were requested by HUD. Context ? During testing, we noted that the audited financial statements were sent to HUD 117 days after receipt, and that four quarterly financial reports were submitted to HUD instead of 12 monthly reports as stated in the loan documents. Questioned cost ? N/A Effect ? Failure to submit financial reports in a timely manner consistent with the loan documents may be considered noncompliance by the Department of Housing and Urban Development. Cause ? Controls were not in place to ensure the reporting to HUD was consistent with the loan agreement. Recommendation ? We recommend management review the loan agreements for any applicable compliance requirements and implement controls to ensure the Hospital complies with these requirements. Views of Responsible Officials and Planned Corrective Actions ? Management concurs with the finding and will implement controls to ensure compliance requirements are met.
2019-003: Finding- The Hospital is required to submit financial reports to HUD on a monthly basis, and submit audited financial statements to HUD within 60 days of receiving the financial statements. During the year, these reports were not submitted to HUD in a manner consistent with the loan agreement. Management Plan ? Controls will be implemented to ensure compliance requirements are met.
FAC accepted this audit on October 9, 2018 — management decision was due April 9, 2019.
GSA_MIGRATION
Show full finding ▾Hide full finding ▴GSA_MIGRATION
GSA_MIGRATION
FAC accepted this audit on October 19, 2016 — management decision was due April 19, 2017.
GSA_MIGRATION
Show full finding ▾Hide full finding ▴GSA_MIGRATION
GSA_MIGRATION
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 compliance status.
Start monitoring →© 2026 Single Audit Intelligence. All data is public domain.