FAC Explorer

Audit 310823

FY End
2022-12-31
Total Expended
$1.08M
Findings
2
Programs
1
Organization: St. Croix Labor Union Mutual Homes, Inc. Phase I (NJ)
Year: 2022 Accepted: 2024-06-28
Auditor: Cohnreznick LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
403968 2022-001 Material Weakness - P
980410 2022-001 Material Weakness - P

Programs

ALN Program Spent Major Findings
14.195 Section 8 Housing Assistance Payments Program $1.08M Yes 1

Contacts

Name Title Type
CNYKEVH23B61 Samuel Rotter Auditee
6096468861 Mike Bisson 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, as applicable cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: St. Croix Labor Union Mutual Homes, Inc. (Phase I) has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2022-001
Statement of Condition In connection with our lease file review we noted the following deficiencies: 4 out of 9 tenants tested did not have recertification Form 50059 completed timely. 1 out of 9 tenants tested did not have documentation in their lease file that their income was verified on a timely basis.
Finding 2022-001
Statement of Condition In connection with our lease file review we noted the following deficiencies: 4 out of 9 tenants tested did not have recertification Form 50059 completed timely. 1 out of 9 tenants tested did not have documentation in their lease file that their income was verified on a timely basis.