Audit 309440

FY End
2023-12-31
Total Expended
$5.13M
Findings
12
Programs
1
Year: 2023 Accepted: 2024-06-20

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
401346 2023-001 Significant Deficiency Yes E
401347 2023-002 Significant Deficiency - N
401348 2023-003 Significant Deficiency - N
401349 2023-001 Significant Deficiency Yes E
401350 2023-002 Significant Deficiency - N
401351 2023-003 Significant Deficiency - N
977788 2023-001 Significant Deficiency Yes E
977789 2023-002 Significant Deficiency - N
977790 2023-003 Significant Deficiency - N
977791 2023-001 Significant Deficiency Yes E
977792 2023-002 Significant Deficiency - N
977793 2023-003 Significant Deficiency - N

Programs

ALN Program Spent Major Findings
14.157 Supportive Housing for the Elderly $357,277 Yes 3

Contacts

Name Title Type
DG5FBK41YWQ6 David Defrain Auditee
7434366632 Justin Masters Auditor
No contacts on file

Notes to SEFA

Title: Note 3. Capital Advance Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal grant activity of Marygrove Non-Profit Housing Corporation II (the "Project") under programs of the federal government for the year ended December 31, 2023. 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 the Project, it is not intended to and does not present the net assets, changes in net assets or cash flows of the Project. 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 or other applicable guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: For purposes of charging indirect costs to federal awards, the Project has not elected to use the 10 percent de minimis cost rate as permitted by §200.414 of the Uniform Guidance. The Project has a Capital Advance from the U.S. Department of Housing and Urban Development. The Capital Advance bears no interest and is not required to be repaid as long as the Project is operated in accordance with Section 202 and the housing remains available to eligible, very low income households for a period of 40 years. The Capital Advance expires in 2034. Pursuant with the Uniform Guidance the Capital Advance expenditure is reporting at its January 1, 2023 balance, which is equal to the Capital Advance balance at December 31, 2023.

Finding Details

2023-001 – Eligibility - Tenant File Documentation (Repeated from Prior Year) Finding Type. Immaterial noncompliance; Significant deficiency in internal control over compliance (Eligibility) Federal program U.S. Department of Housing and Urban Development ·   Supportive Housing for the Elderly (ALN# 14.157) Criteria. Under Section 202 of the National Housing Act of 1959, Project management is responsible for performing an examination of and obtaining support for items of income, assets, and expenses, for proper calculation of tenant assistance payments for applying residents and annual recertification and calculation of such information thereafter, and for obtaining signed and properly completed forms. Condition. Out of a sample of 8 tenant files, we noted: 1) One out of eight instances where a tenant EIV was not run within 90 days of move in; 2) One out of eight instances where a tenant's saving and checking accounts were not verified by a third party; 3) One out of eight instances where the incorrect balance was used to determine the tenant's checking account balance; 4) Two out of eight instances where a copy of the tenant's security deposit was not maintained in the tenant file; Cause. Management does not appear to have sufficient internal control procedures in place to properly implement all of HUD's program requirements. Effect. As a result of this condition, certain tenant files did not contain all required supporting documentation. Questioned Costs. No costs are required to be questioned as a result of this finding, inasmuch as no unallowable expenditures were noted. Recommendation. We recommend management strengthen their current policies and follow a documented review process for all new and existing resident files and ensure that this review occurs on a timely basis. Further, we recommend management ensure all proper supporting documentation is maintained in the residents' files. View of Responsible Officials. Management agrees with this comment and has prepared a corrective action plan.
2023-002 – Replacement Reserve Withdrawals Finding Type. Immaterial noncompliance; Significant deficiency in internal control over compliance (Special Tests and Provisions) Federal program U.S. Department of Housing and Urban Development ·   Supportive Housing for the Elderly (ALN# 14.157) Criteria. Under Section 202 of the National Housing Act of 1959, Project management is responsible for obtaining proper documentation and approval by HUD for any withdrawals made from the replacement reserve. Such withdrawals should only be made for qualifying items that have not been previously reimbursed out of the reserve. Condition. Certain capital expenditures, amounting to $6,135, were requested and reimbursed from the reserve for replacements after already having been requested and reimbursed from the reserve. Management corrected this oversight and transferred the duplicate reimbursed funds from the Project's operating account to the reserve for replacements in May 2024. Cause. Management has not properly implemented internal control procedures to ensure previously reimbursed items are not requested for reimbursement from the reserve for replacements again. Effect. As a result of this condition, the reserve for replacements account was underfunded during 2023. Questioned Costs. No costs are required to be questioned as a result of this finding, inasmuch as no unallowable expenditures were noted. Recommendation. We recommend that management review all requested items to be approved and ensure they have not been previously approved for reimbursement from the replacement reserve. View of Responsible Officials. Management agrees with this comment and has prepared a corrective action plan.
2023-003 – Replacement Reserve Account Finding Type. Immaterial noncompliance; Significant deficiency in internal control over compliance (Special Tests and Provisions) Federal program U.S. Department of Housing and Urban Development ·   Supportive Housing for the Elderly (ALN# 14.157) Criteria. Under Section 202 of the National Housing Act of 1959, Project management is required to maintain replacement reserve funds in a interest bearing account. Condition. The replacement reserve balance was not maintained in an interest bearing account during 2023. Cause. Management has not properly implemented procedures to comply with HUD program requirements related to holding the reserve balance in an interest bearing account. Effect. As a result of this condition, the reserve for replacements account was underfunded during 2023 as no interest was earned. Questioned Costs. No costs are required to be questioned as a result of this finding, inasmuch as no unallowable expenditures were noted. "Recommendation. We recommend that management move funds to an interest bearing account. " View of Responsible Officials. Management agrees with this comment and has prepared a corrective action plan.
2023-001 – Eligibility - Tenant File Documentation (Repeated from Prior Year) Finding Type. Immaterial noncompliance; Significant deficiency in internal control over compliance (Eligibility) Federal program U.S. Department of Housing and Urban Development ·   Supportive Housing for the Elderly (ALN# 14.157) Criteria. Under Section 202 of the National Housing Act of 1959, Project management is responsible for performing an examination of and obtaining support for items of income, assets, and expenses, for proper calculation of tenant assistance payments for applying residents and annual recertification and calculation of such information thereafter, and for obtaining signed and properly completed forms. Condition. Out of a sample of 8 tenant files, we noted: 1) One out of eight instances where a tenant EIV was not run within 90 days of move in; 2) One out of eight instances where a tenant's saving and checking accounts were not verified by a third party; 3) One out of eight instances where the incorrect balance was used to determine the tenant's checking account balance; 4) Two out of eight instances where a copy of the tenant's security deposit was not maintained in the tenant file; Cause. Management does not appear to have sufficient internal control procedures in place to properly implement all of HUD's program requirements. Effect. As a result of this condition, certain tenant files did not contain all required supporting documentation. Questioned Costs. No costs are required to be questioned as a result of this finding, inasmuch as no unallowable expenditures were noted. Recommendation. We recommend management strengthen their current policies and follow a documented review process for all new and existing resident files and ensure that this review occurs on a timely basis. Further, we recommend management ensure all proper supporting documentation is maintained in the residents' files. View of Responsible Officials. Management agrees with this comment and has prepared a corrective action plan.
2023-002 – Replacement Reserve Withdrawals Finding Type. Immaterial noncompliance; Significant deficiency in internal control over compliance (Special Tests and Provisions) Federal program U.S. Department of Housing and Urban Development ·   Supportive Housing for the Elderly (ALN# 14.157) Criteria. Under Section 202 of the National Housing Act of 1959, Project management is responsible for obtaining proper documentation and approval by HUD for any withdrawals made from the replacement reserve. Such withdrawals should only be made for qualifying items that have not been previously reimbursed out of the reserve. Condition. Certain capital expenditures, amounting to $6,135, were requested and reimbursed from the reserve for replacements after already having been requested and reimbursed from the reserve. Management corrected this oversight and transferred the duplicate reimbursed funds from the Project's operating account to the reserve for replacements in May 2024. Cause. Management has not properly implemented internal control procedures to ensure previously reimbursed items are not requested for reimbursement from the reserve for replacements again. Effect. As a result of this condition, the reserve for replacements account was underfunded during 2023. Questioned Costs. No costs are required to be questioned as a result of this finding, inasmuch as no unallowable expenditures were noted. Recommendation. We recommend that management review all requested items to be approved and ensure they have not been previously approved for reimbursement from the replacement reserve. View of Responsible Officials. Management agrees with this comment and has prepared a corrective action plan.
2023-003 – Replacement Reserve Account Finding Type. Immaterial noncompliance; Significant deficiency in internal control over compliance (Special Tests and Provisions) Federal program U.S. Department of Housing and Urban Development ·   Supportive Housing for the Elderly (ALN# 14.157) Criteria. Under Section 202 of the National Housing Act of 1959, Project management is required to maintain replacement reserve funds in a interest bearing account. Condition. The replacement reserve balance was not maintained in an interest bearing account during 2023. Cause. Management has not properly implemented procedures to comply with HUD program requirements related to holding the reserve balance in an interest bearing account. Effect. As a result of this condition, the reserve for replacements account was underfunded during 2023 as no interest was earned. Questioned Costs. No costs are required to be questioned as a result of this finding, inasmuch as no unallowable expenditures were noted. "Recommendation. We recommend that management move funds to an interest bearing account. " View of Responsible Officials. Management agrees with this comment and has prepared a corrective action plan.
2023-001 – Eligibility - Tenant File Documentation (Repeated from Prior Year) Finding Type. Immaterial noncompliance; Significant deficiency in internal control over compliance (Eligibility) Federal program U.S. Department of Housing and Urban Development ·   Supportive Housing for the Elderly (ALN# 14.157) Criteria. Under Section 202 of the National Housing Act of 1959, Project management is responsible for performing an examination of and obtaining support for items of income, assets, and expenses, for proper calculation of tenant assistance payments for applying residents and annual recertification and calculation of such information thereafter, and for obtaining signed and properly completed forms. Condition. Out of a sample of 8 tenant files, we noted: 1) One out of eight instances where a tenant EIV was not run within 90 days of move in; 2) One out of eight instances where a tenant's saving and checking accounts were not verified by a third party; 3) One out of eight instances where the incorrect balance was used to determine the tenant's checking account balance; 4) Two out of eight instances where a copy of the tenant's security deposit was not maintained in the tenant file; Cause. Management does not appear to have sufficient internal control procedures in place to properly implement all of HUD's program requirements. Effect. As a result of this condition, certain tenant files did not contain all required supporting documentation. Questioned Costs. No costs are required to be questioned as a result of this finding, inasmuch as no unallowable expenditures were noted. Recommendation. We recommend management strengthen their current policies and follow a documented review process for all new and existing resident files and ensure that this review occurs on a timely basis. Further, we recommend management ensure all proper supporting documentation is maintained in the residents' files. View of Responsible Officials. Management agrees with this comment and has prepared a corrective action plan.
2023-002 – Replacement Reserve Withdrawals Finding Type. Immaterial noncompliance; Significant deficiency in internal control over compliance (Special Tests and Provisions) Federal program U.S. Department of Housing and Urban Development ·   Supportive Housing for the Elderly (ALN# 14.157) Criteria. Under Section 202 of the National Housing Act of 1959, Project management is responsible for obtaining proper documentation and approval by HUD for any withdrawals made from the replacement reserve. Such withdrawals should only be made for qualifying items that have not been previously reimbursed out of the reserve. Condition. Certain capital expenditures, amounting to $6,135, were requested and reimbursed from the reserve for replacements after already having been requested and reimbursed from the reserve. Management corrected this oversight and transferred the duplicate reimbursed funds from the Project's operating account to the reserve for replacements in May 2024. Cause. Management has not properly implemented internal control procedures to ensure previously reimbursed items are not requested for reimbursement from the reserve for replacements again. Effect. As a result of this condition, the reserve for replacements account was underfunded during 2023. Questioned Costs. No costs are required to be questioned as a result of this finding, inasmuch as no unallowable expenditures were noted. Recommendation. We recommend that management review all requested items to be approved and ensure they have not been previously approved for reimbursement from the replacement reserve. View of Responsible Officials. Management agrees with this comment and has prepared a corrective action plan.
2023-003 – Replacement Reserve Account Finding Type. Immaterial noncompliance; Significant deficiency in internal control over compliance (Special Tests and Provisions) Federal program U.S. Department of Housing and Urban Development ·   Supportive Housing for the Elderly (ALN# 14.157) Criteria. Under Section 202 of the National Housing Act of 1959, Project management is required to maintain replacement reserve funds in a interest bearing account. Condition. The replacement reserve balance was not maintained in an interest bearing account during 2023. Cause. Management has not properly implemented procedures to comply with HUD program requirements related to holding the reserve balance in an interest bearing account. Effect. As a result of this condition, the reserve for replacements account was underfunded during 2023 as no interest was earned. Questioned Costs. No costs are required to be questioned as a result of this finding, inasmuch as no unallowable expenditures were noted. "Recommendation. We recommend that management move funds to an interest bearing account. " View of Responsible Officials. Management agrees with this comment and has prepared a corrective action plan.
2023-001 – Eligibility - Tenant File Documentation (Repeated from Prior Year) Finding Type. Immaterial noncompliance; Significant deficiency in internal control over compliance (Eligibility) Federal program U.S. Department of Housing and Urban Development ·   Supportive Housing for the Elderly (ALN# 14.157) Criteria. Under Section 202 of the National Housing Act of 1959, Project management is responsible for performing an examination of and obtaining support for items of income, assets, and expenses, for proper calculation of tenant assistance payments for applying residents and annual recertification and calculation of such information thereafter, and for obtaining signed and properly completed forms. Condition. Out of a sample of 8 tenant files, we noted: 1) One out of eight instances where a tenant EIV was not run within 90 days of move in; 2) One out of eight instances where a tenant's saving and checking accounts were not verified by a third party; 3) One out of eight instances where the incorrect balance was used to determine the tenant's checking account balance; 4) Two out of eight instances where a copy of the tenant's security deposit was not maintained in the tenant file; Cause. Management does not appear to have sufficient internal control procedures in place to properly implement all of HUD's program requirements. Effect. As a result of this condition, certain tenant files did not contain all required supporting documentation. Questioned Costs. No costs are required to be questioned as a result of this finding, inasmuch as no unallowable expenditures were noted. Recommendation. We recommend management strengthen their current policies and follow a documented review process for all new and existing resident files and ensure that this review occurs on a timely basis. Further, we recommend management ensure all proper supporting documentation is maintained in the residents' files. View of Responsible Officials. Management agrees with this comment and has prepared a corrective action plan.
2023-002 – Replacement Reserve Withdrawals Finding Type. Immaterial noncompliance; Significant deficiency in internal control over compliance (Special Tests and Provisions) Federal program U.S. Department of Housing and Urban Development ·   Supportive Housing for the Elderly (ALN# 14.157) Criteria. Under Section 202 of the National Housing Act of 1959, Project management is responsible for obtaining proper documentation and approval by HUD for any withdrawals made from the replacement reserve. Such withdrawals should only be made for qualifying items that have not been previously reimbursed out of the reserve. Condition. Certain capital expenditures, amounting to $6,135, were requested and reimbursed from the reserve for replacements after already having been requested and reimbursed from the reserve. Management corrected this oversight and transferred the duplicate reimbursed funds from the Project's operating account to the reserve for replacements in May 2024. Cause. Management has not properly implemented internal control procedures to ensure previously reimbursed items are not requested for reimbursement from the reserve for replacements again. Effect. As a result of this condition, the reserve for replacements account was underfunded during 2023. Questioned Costs. No costs are required to be questioned as a result of this finding, inasmuch as no unallowable expenditures were noted. Recommendation. We recommend that management review all requested items to be approved and ensure they have not been previously approved for reimbursement from the replacement reserve. View of Responsible Officials. Management agrees with this comment and has prepared a corrective action plan.
2023-003 – Replacement Reserve Account Finding Type. Immaterial noncompliance; Significant deficiency in internal control over compliance (Special Tests and Provisions) Federal program U.S. Department of Housing and Urban Development ·   Supportive Housing for the Elderly (ALN# 14.157) Criteria. Under Section 202 of the National Housing Act of 1959, Project management is required to maintain replacement reserve funds in a interest bearing account. Condition. The replacement reserve balance was not maintained in an interest bearing account during 2023. Cause. Management has not properly implemented procedures to comply with HUD program requirements related to holding the reserve balance in an interest bearing account. Effect. As a result of this condition, the reserve for replacements account was underfunded during 2023 as no interest was earned. Questioned Costs. No costs are required to be questioned as a result of this finding, inasmuch as no unallowable expenditures were noted. "Recommendation. We recommend that management move funds to an interest bearing account. " View of Responsible Officials. Management agrees with this comment and has prepared a corrective action plan.