Audit 25404

FY End

2022-12-31

Total Expended

$1.32M

Findings

4

Programs

2

Organization: Independent Housing I, Inc. - Independence House 023-Eh-020 (MA)

Year: 2022 Accepted: 2023-05-01

Auditor: Burkhart Pizzanelli PC

Organization Exclusion Status:

Checking exclusion status...

ID	Ref	Severity	Repeat	Requirement
25081	2022-001	-	-	C
25082	2022-001	-	-	C
601523	2022-001	-	-	C
601524	2022-001	-	-	C

ALN	Program	Spent	Major	Findings
14.195	Section 8 Housing Assistance Payments Program	$1.30M	Yes	1
14.195	Covid-19 Supplemental Payments	$14,333	Yes	1

Contacts

Name	Title	Type
EKE5FF28QQR7	Bryan Joyce	Auditee
4135254321	Julie Quink	Auditor
No contacts on file

Notes to SEFA

Title: BASIS OF PRESENTATION Accounting Policies: The schedule of expenditures of federal awards is prepared 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 did not pass-through any federal funds to a subrecipient in 2022. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The accompanying schedule of expenditures of federal awards includes the federal award activity of Independent Housing I, Inc., HUD Project No. 023-EH-020-Independence House. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of Independent Housing, I, Inc., HUD Project No. 023-EH-020-Independence House, it is not intended to and does not present the financial position, change in net assets, or cash flows of Independent Housing, I, Inc., HUD Project No. 023-EH-020-Independence House.

Finding Details

Finding 2022-001

FINDINGS - MAJOR FEDERAL AWARD PROGRAMS AUDIT Department of Housing and Urban Development Finding 2022-001: Major Program: Section 8 Housing Assistance Payments Program, Federal Assistance Listing Number 14.195 STATEMENT OF CONDITION The Project paid for an expense of $3,547 on behalf of another property. CRITERIA HUD Handbook 4350.3 Revision 1 for HUD Subsidized Multifamily Housing Programs requires owners to use funds in accordance with the Regulatory Agreement. EFFECT OF CONDITION The Project used funds to pay for an expense related to another project, which is the same location as the Project. CONTEXT During the audit period, the client discovered an expense was paid for during the year for another project. CAUSE OF CONDITION Management mistakenly did not ensure the correct project was paying for the expense. RECOMMENDATION The auditor recommends ensuring all disbursements are thoroughly reviewed prior to authorizing the expense to be paid. VIEWS OF RESPONSIBLE OFFICIALS AND PLANNED CORRECTIVE ACTIONS The Project will be reimbursed by the other project for the expense paid on its behalf.

Finding 2022-001

FINDINGS - MAJOR FEDERAL AWARD PROGRAMS AUDIT Department of Housing and Urban Development Finding 2022-001: Major Program: Section 8 Housing Assistance Payments Program, Federal Assistance Listing Number 14.195 STATEMENT OF CONDITION The Project paid for an expense of $3,547 on behalf of another property. CRITERIA HUD Handbook 4350.3 Revision 1 for HUD Subsidized Multifamily Housing Programs requires owners to use funds in accordance with the Regulatory Agreement. EFFECT OF CONDITION The Project used funds to pay for an expense related to another project, which is the same location as the Project. CONTEXT During the audit period, the client discovered an expense was paid for during the year for another project. CAUSE OF CONDITION Management mistakenly did not ensure the correct project was paying for the expense. RECOMMENDATION The auditor recommends ensuring all disbursements are thoroughly reviewed prior to authorizing the expense to be paid. VIEWS OF RESPONSIBLE OFFICIALS AND PLANNED CORRECTIVE ACTIONS The Project will be reimbursed by the other project for the expense paid on its behalf.

Finding 2022-001

FINDINGS - MAJOR FEDERAL AWARD PROGRAMS AUDIT Department of Housing and Urban Development Finding 2022-001: Major Program: Section 8 Housing Assistance Payments Program, Federal Assistance Listing Number 14.195 STATEMENT OF CONDITION The Project paid for an expense of $3,547 on behalf of another property. CRITERIA HUD Handbook 4350.3 Revision 1 for HUD Subsidized Multifamily Housing Programs requires owners to use funds in accordance with the Regulatory Agreement. EFFECT OF CONDITION The Project used funds to pay for an expense related to another project, which is the same location as the Project. CONTEXT During the audit period, the client discovered an expense was paid for during the year for another project. CAUSE OF CONDITION Management mistakenly did not ensure the correct project was paying for the expense. RECOMMENDATION The auditor recommends ensuring all disbursements are thoroughly reviewed prior to authorizing the expense to be paid. VIEWS OF RESPONSIBLE OFFICIALS AND PLANNED CORRECTIVE ACTIONS The Project will be reimbursed by the other project for the expense paid on its behalf.

Finding 2022-001

FINDINGS - MAJOR FEDERAL AWARD PROGRAMS AUDIT Department of Housing and Urban Development Finding 2022-001: Major Program: Section 8 Housing Assistance Payments Program, Federal Assistance Listing Number 14.195 STATEMENT OF CONDITION The Project paid for an expense of $3,547 on behalf of another property. CRITERIA HUD Handbook 4350.3 Revision 1 for HUD Subsidized Multifamily Housing Programs requires owners to use funds in accordance with the Regulatory Agreement. EFFECT OF CONDITION The Project used funds to pay for an expense related to another project, which is the same location as the Project. CONTEXT During the audit period, the client discovered an expense was paid for during the year for another project. CAUSE OF CONDITION Management mistakenly did not ensure the correct project was paying for the expense. RECOMMENDATION The auditor recommends ensuring all disbursements are thoroughly reviewed prior to authorizing the expense to be paid. VIEWS OF RESPONSIBLE OFFICIALS AND PLANNED CORRECTIVE ACTIONS The Project will be reimbursed by the other project for the expense paid on its behalf.