Centennial Tower

EIN: 721259853

UEI: JB5AM4APWFV5

Data as of August 21, 2026

10
Audit Years
2
Total Findings
0
Repeat Findings

FY 2025-06-30

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, which was (37 days ago).

What is a management decision? →
2025-001
Cost Allowability
Condition

SURPLUS CASH WAS NOT DEPOSITED INTO THE RESIDUAL RECEIPTS ACCOUNT

Corrective Action Plan

MANAGEMENT AGREES WITH THE FINDING. THE RESIDUAL RECEIPTS ACCOUNT DEFICIENCY WILL BE FUNDED IN THE AMOUNT OF $50,836. MANAGEMENT WILL ENSURE THAT THE RESIDUAL RECEIPTS ACCOUNTS IS PROPERTLY FUNDED IN THE FUTURE.

About Allowable Costs / Cost Principles →

FY 2023-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on January 30, 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 July 30, 2024, which was (752 days ago).

What is a management decision? →
2023-001
Cost Allowability
Condition

HUD Memorandum dated October 14, 2016, “Continuing Remission of Excess PRAC Residual Receipts”, continues the requirement that “Any balance greater than $250 per unit in a Residual Receipts account must be remitted to HUD’s Accounting Center upon “termination” of the PRAC”.

Corrective Action Plan

Management agrees with the finding. The excess funds were accrued to submit to HUD.

About Allowable Costs / Cost Principles →

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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