FAC Explorer

Audit 14619

FY End
2023-06-30
Total Expended
$8.03M
Findings
2
Programs
3
Organization: Harrisburg Voa Elderly Housing, INC (laurel Towers) (VA)
Year: 2023 Accepted: 2024-01-30
Auditor: Maddox & Associates Apc

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
10878 2023-001 - - B
587320 2023-001 - - B

Programs

ALN Program Spent Major Findings
14.155 Supportive Housing for the Elderly $7.23M Yes 1
14.195 Section 8 Housing Assistance Payments Program $732,176 Yes 0
14.191 Multifamily Housing Service Coordinators $67,642 - 0

Contacts

Name Title Type
UD8PQFS4K4W1 Vanessa Tran Auditee
7033415000 Jeff Maddox Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Project has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The Project has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding 2023-001
The regulatory agreement requires the project to deposit "surplus cash" into the Residual Receipts account with 90 days after the end of the fiscal year.
Finding 2023-001
The regulatory agreement requires the project to deposit "surplus cash" into the Residual Receipts account with 90 days after the end of the fiscal year.