Audit 32171

FY End

2022-06-30

Total Expended

$4.47M

Findings

4

Programs

1

Organization: West House Corporation (RI)

Year: 2022 Accepted: 2022-10-18

Auditor: D'ambra CPA

Organization Exclusion Status:

Checking exclusion status...

ID	Ref	Severity	Repeat	Requirement
32248	2022-001	-	-	C
32249	2022-002	-	-	N
608690	2022-001	-	-	C
608691	2022-002	-	-	N

ALN	Program	Spent	Major	Findings
14.157	Supportive Housing for the Elderly	$262,518	Yes	1

Contacts

Name	Title	Type
TSEMLZDNLPE1	Christian Belden	Auditee
4018465114	Craig D'ambra	Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: 1. The schedule of expenditures of federal awards includes the federal award activity of the Corporation. Theinformation in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of FederalRegulationsPart 200, Uniform Administrative Requirements, Cost Principles, andAuditRequirements for FederalAwards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of theCorporation, it is not intended to and does not present the financial position, changes in net assets, or cash flowsof the Corporation.2. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures arerecognized following the cost principles contained in the UniformGuidance, wherein certain types of expendituresare not allowable or are limited as to reimbursement. The Corporation has elected not to use the 10 percent deminimis indirect cost rate allowed under the Uniform Guidance.3. The Corporation received loans directly or indirectly from the U.S. Department of Housing and UrbanDevelopment which are included above. Ifthere were no current year advances on the loan, the loan balance abovereflects the beginning of the year balance. If there were advances on the loan, the loan balance above reflects thehighest balance during the year.4. Certain grants, while fully expended, contain continuing compliance requirements and are thus included in theSchedule. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. SUPPORTIVE HOUSING FOR THE ELDERLY (14.157) - Balances outstanding at the end of the audit period were 4204800.

Finding Details

Finding 2022-001

Finding 2022-001: Federal program - Section 202: Criteria - HUD regulations require all bank accounts be fully insured up to the FDIC limit or that management monitor the bank ratings if an excess of the FDIC limit exists; Condition - bank accounts exceed the FDIC limit by $7,084 and management is not monitoring the bank ratings on a quarterly basis; Cause - management oversight; Recommendation - management should transfer excess funds to another bank or monitor the bank?s ratings on a quarterly basis. Response: Management will transfer the excess to another bank account.

Finding 2022-002

Finding 2022-002: Federal program - PRAC; Criteria - The HUD Occupancy handbook specifies the nature and content of the tenant income re/certifications; Condition - in testing tenant /certification files, I noted the following errors: incorrect income calculation (1 of 5 files): incorrect medical expense calculation (1 of 5 files); no birth certificate in file (1 of 5 files); no EIV performed for new move (1 of 5 files); Cause - management oversight; Recommendation - management should review the files for completeness and correct the errors. Response: Management has corrected the errors.

Finding 2022-001

Finding 2022-001: Federal program - Section 202: Criteria - HUD regulations require all bank accounts be fully insured up to the FDIC limit or that management monitor the bank ratings if an excess of the FDIC limit exists; Condition - bank accounts exceed the FDIC limit by $7,084 and management is not monitoring the bank ratings on a quarterly basis; Cause - management oversight; Recommendation - management should transfer excess funds to another bank or monitor the bank?s ratings on a quarterly basis. Response: Management will transfer the excess to another bank account.

Finding 2022-002

Finding 2022-002: Federal program - PRAC; Criteria - The HUD Occupancy handbook specifies the nature and content of the tenant income re/certifications; Condition - in testing tenant /certification files, I noted the following errors: incorrect income calculation (1 of 5 files): incorrect medical expense calculation (1 of 5 files); no birth certificate in file (1 of 5 files); no EIV performed for new move (1 of 5 files); Cause - management oversight; Recommendation - management should review the files for completeness and correct the errors. Response: Management has corrected the errors.