FAC Explorer

Audit 323755

FY End
2023-12-31
Total Expended
$2.08M
Findings
2
Programs
2
Organization: Chaska Manor Dba: Talheim (MN)
Year: 2023 Accepted: 2024-10-03
Auditor: Cliftonlarsonallen LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
501693 2023-002 Significant Deficiency Yes L
1078135 2023-002 Significant Deficiency Yes L

Programs

ALN Program Spent Major Findings
14.155 Mortgage Insurance for the Purchase Or Refinancing of Existing Multifamily Housing Projects $1.76M Yes 1
14.195 Section 8 Housing Assistance Payments Program $320,050 - 0

Contacts

Name Title Type
Q495APTH1H43 Nicole Chwala Auditee
9202064983 Tyler Johnson, CPA Auditor
No contacts on file

Notes to SEFA

Title: BASIS OF PRESENTATION Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, either the cost principles in OMB Circular A-122, Cost Principles for Non-Profit Organizations, or the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Chaska Manor dba: Talheim has elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: Y Rate Explanation: Chaska Manor dba: Talheim has elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Chaska Manor dba: Talheim 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 2 CFR 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 Chaska Manor dba: Talheim, it is not intended to and does not present the financial position, changes in net deficit, or cash flows of Chaska Manor dba: Talheim.

Finding Details

Finding 2023-002
Federal Agency: U.S. Department of Housing and Urban Development (HUD) Federal Program Name: Supportive Housing for the Elderly (Section 202 Capital Advance) Assistance Listing Number: 14.155 Award Period: January 1, 2023 through December 31, 2023 Type of Finding: Significant Deficiency in Internal Control over Compliance, Other Matters Criteria or specific requirement: Management is required to deposit surplus cash into residual receipts fund within 90 days of year-end. Condition: During our testing, we noted Management did not deposit surplus cash into residual receipts account until April 4, 2023, which is more than 90 days after year-end. Context: During our testing, it was noted that Management did not deposit surplus cash into residual receipts account until more than 90 days after year-end. Cause: The deposit was made via paper check, which was written on March 29, 2023, but not deposited until April 4, 2023. Effect: The deposit was not made within 90 days of year-end, as stipulated in the contract. Repeat Finding: 2022-002 Recommendation: We recommend any surplus cash deposits be made with time for check to travel through proper avenues or use electronic measures to ensure amount is deposited before 90 days after year-end. Views of responsible officials: There is no disagreement with the audit finding
Finding 2023-002
Federal Agency: U.S. Department of Housing and Urban Development (HUD) Federal Program Name: Supportive Housing for the Elderly (Section 202 Capital Advance) Assistance Listing Number: 14.155 Award Period: January 1, 2023 through December 31, 2023 Type of Finding: Significant Deficiency in Internal Control over Compliance, Other Matters Criteria or specific requirement: Management is required to deposit surplus cash into residual receipts fund within 90 days of year-end. Condition: During our testing, we noted Management did not deposit surplus cash into residual receipts account until April 4, 2023, which is more than 90 days after year-end. Context: During our testing, it was noted that Management did not deposit surplus cash into residual receipts account until more than 90 days after year-end. Cause: The deposit was made via paper check, which was written on March 29, 2023, but not deposited until April 4, 2023. Effect: The deposit was not made within 90 days of year-end, as stipulated in the contract. Repeat Finding: 2022-002 Recommendation: We recommend any surplus cash deposits be made with time for check to travel through proper avenues or use electronic measures to ensure amount is deposited before 90 days after year-end. Views of responsible officials: There is no disagreement with the audit finding