EIN: 721114489
UEI: EULPDJDZ22N3
Audited by: Maddox & Associates, APC
Oversight agency: 14 [Department of Housing and Urban Development]
View federal awards & risk assessment →
Data as of September 2, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on January 15, 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 July 15, 2026 (50 days ago).
What is a management decision? →The project did not resume offsetting the monthly Section 8 Housing Assistances Payments.
Show full finding ▾Hide full finding ▴The project did not resume offsetting the monthly Section 8 Housing Assistances Payments.
Management agrees with the finding. The excess funds were accrued to submit to HUD.
FAC accepted this audit on October 16, 2024 — management decision was due April 16, 2025.
FAC accepted this audit on January 30, 2024 — management decision was due July 30, 2024.
Management agrees with the finding. The replacement reserve deficiency will be funded in the amount of $18. Management will ensure that the replacement reserve deposits are made on a timely basis in the future.
Show full finding ▾Hide full finding ▴Management agrees with the finding. The replacement reserve deficiency will be funded in the amount of $18. Management will ensure that the replacement reserve deposits are made on a timely basis in the future.
The regulatory agreement (as amended) requires monthly deposits of $768.
FAC accepted this audit on December 26, 2022 — management decision was due June 26, 2023.
The project did not offset the monthly Section 8 Housing Assistance Payments. Cause: Residual Receipts account balance was not monitored. Effect or Potential Effect: Residual Receipts account was not used to offset project operating costs. Auditor Non-Compliance Code: R 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 excess funds were accrued to offset future Section 8 HAP requests. Context: The project did not offset the monthly Section 8 Housing Assistance Payments. Recommendation: Management should monitor the Residual Receipts account balance and apply excess deposits against Section 8 HAP requests. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests. Response Indicator: Agree Completion Date: August 12, 2022 Response: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests.
Show full finding ▾Hide full finding ▴Finding Reference Number: 2022-001 Type of Finding: FA Finding Resolution Status: In Process 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: Per Notice H-2012-14, "Residual Receipts account balances in excess of $250 per unit must be applied on a monthly basis to offset Section 8 HAP payments up to the full amount of the monthly subsidy request, depending upon the amount of Residual Receipts available for the offset. Monthly offsets must continue until the Residual Receipts account reaches the Retained Balance level of $250 per unit." Statement of Condition: The project did not offset the monthly Section 8 Housing Assistance Payments. Cause: Residual Receipts account balance was not monitored. Effect or Potential Effect: Residual Receipts account was not used to offset project operating costs. Auditor Non-Compliance Code: R 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 excess funds were accrued to offset future Section 8 HAP requests. Context: The project did not offset the monthly Section 8 Housing Assistance Payments. Recommendation: Management should monitor the Residual Receipts account balance and apply excess deposits against Section 8 HAP requests. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests. Response Indicator: Agree Completion Date: August 12, 2022 Response: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests.
Finding Reference Number: 2022-001 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 excess funds were accrued to offset future Section 8 HAP requests. Completion Date: August 12, 2022
FAC accepted this audit on October 18, 2021 — management decision was due April 18, 2022.
FAC accepted this audit on November 8, 2020 — management decision was due May 8, 2021.
FAC accepted this audit on October 15, 2019 — management decision was due April 15, 2020.
FAC accepted this audit on November 5, 2018 — management decision was due May 5, 2019.
FAC accepted this audit on November 30, 2017 — management decision was due May 30, 2018.
FAC accepted this audit on November 27, 2016 — management decision was due May 27, 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.
Browse other Single Audit organizations in Virginia →
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.
