Assistance Listing (Federal award identification number and year): Supportive Housing for
the Elderly, Assistance Listing No. 14.157, 122-EH518-WAH-NP and 1993
Auditor non-compliance code: N – Reserve for Replacement Deposits
Finding resolution status: Resolved
Universe population size: 12 deposits
Sample size information: 12 deposits
Statistically valid sample: Yes
Name of Federal agency: U.S. Department of Housing and Urban Development
Pass-through entity: N/A
Questioned costs: $4,846
Statement of condition 2023-001: During the year ended June 30, 2023, the Corporation did not
make the require deposits to the reserve for replacements.
Criteria: Pursuant to the HUD regulatory agreement, the Corporation is required to make deposits
to the reserve for replacements in the required amount of $29,076.
Effect: The Corporation is not in compliance with the HUD regulatory agreement and the reserve for
replacements is underfunded.
Cause: The Corporation did not have sufficient funds in the operating cash account to make the
deposit.
Recommendation: Management should make a deposit to the reserve for replacements for $4,846
for the delinquent deposits. In future periods, management should fund the reserve for replacements
on an annual basis as required by the HUD regulatory agreement or request HUD approval for a
suspension of deposits.
Management's response: Management concurs with the finding and agrees with the auditor's
recommendation. Management made a deposit of $4,846 on July 20, 2023 for the delinquent deposits.
Assistance Listing (Federal award identification number and year): Supportive Housing for
the Elderly, Assistance Listing No. 14.157, 122-EH518-WAH-NP and 1993
Auditor non-compliance code: N – Reserve for Replacement Deposits
Finding resolution status: Resolved
Universe population size: 12 deposits
Sample size information: 12 deposits
Statistically valid sample: Yes
Name of Federal agency: U.S. Department of Housing and Urban Development
Pass-through entity: N/A
Questioned costs: $4,846
Statement of condition 2023-001: During the year ended June 30, 2023, the Corporation did not
make the require deposits to the reserve for replacements.
Criteria: Pursuant to the HUD regulatory agreement, the Corporation is required to make deposits
to the reserve for replacements in the required amount of $29,076.
Effect: The Corporation is not in compliance with the HUD regulatory agreement and the reserve for
replacements is underfunded.
Cause: The Corporation did not have sufficient funds in the operating cash account to make the
deposit.
Recommendation: Management should make a deposit to the reserve for replacements for $4,846
for the delinquent deposits. In future periods, management should fund the reserve for replacements
on an annual basis as required by the HUD regulatory agreement or request HUD approval for a
suspension of deposits.
Management's response: Management concurs with the finding and agrees with the auditor's
recommendation. Management made a deposit of $4,846 on July 20, 2023 for the delinquent deposits.
Assistance Listing (Federal award identification number and year): Supportive Housing for
the Elderly, Assistance Listing No. 14.157, 122-EH518-WAH-NP and 1993
Auditor non-compliance code: Z - Other
Finding resolution status: Resolved
Universe population size: The universe population size is not applicable to the finding.
Sample size information: The sample size information is not applicable to the finding.
Statistically valid sample: N/A
Name of Federal agency: U.S. Department of Housing and Urban Development
Pass-through entity: N/A
Questioned costs: N/A
Statement of condition 2023-002: The Corporation did not furnish HUD with a complete annual
financial report within 90 days following the year ended June 30, 2023.
Criteria: Pursuant to the HUD regulatory agreement, the Corporation is required to furnish to HUD
within 90 days following the fiscal year end a complete annual financial report based upon the
examination of the books and records of the Corporation prepared in accordance with GAAP and with
the requirements of HUD, and audited in accordance with Generally Accepted Auditing Standards and
Government Auditing Standards.
Effect: The Corporation is not in compliance with the HUD regulatory agreement.
Cause: The predecessor auditor did not comply with engagement terms and failed to notify
management of his decision to not proceed with the engagement in a timely manner.
Recommendation: The Corporation should ensure the annual financial report is filed within 90 days
of year end.
Management's response: Management concurs with the finding and agrees with the auditor's
recommendation. The audited financial statements have been submitted to HUD. No further action is
required.
Assistance Listing (Federal award identification number and year): Supportive Housing for
the Elderly, Assistance Listing No. 14.157, 122-EH518-WAH-NP and 1993
Auditor non-compliance code: Z - Other
Finding resolution status: Resolved
Universe population size: The universe population size is not applicable to the finding.
Sample size information: The sample size information is not applicable to the finding.
Statistically valid sample: N/A
Name of Federal agency: U.S. Department of Housing and Urban Development
Pass-through entity: N/A
Questioned costs: N/A
Statement of condition 2023-002: The Corporation did not furnish HUD with a complete annual
financial report within 90 days following the year ended June 30, 2023.
Criteria: Pursuant to the HUD regulatory agreement, the Corporation is required to furnish to HUD
within 90 days following the fiscal year end a complete annual financial report based upon the
examination of the books and records of the Corporation prepared in accordance with GAAP and with
the requirements of HUD, and audited in accordance with Generally Accepted Auditing Standards and
Government Auditing Standards.
Effect: The Corporation is not in compliance with the HUD regulatory agreement.
Cause: The predecessor auditor did not comply with engagement terms and failed to notify
management of his decision to not proceed with the engagement in a timely manner.
Recommendation: The Corporation should ensure the annual financial report is filed within 90 days
of year end.
Management's response: Management concurs with the finding and agrees with the auditor's
recommendation. The audited financial statements have been submitted to HUD. No further action is
required.
Assistance Listing (Federal award identification number and year): Supportive Housing for
the Elderly, Assistance Listing No. 14.157, 122-EH518-WAH-NP and 1993
Auditor non-compliance code: Z - Other
Finding resolution status: Resolved
Universe population size: The universe population size is not applicable to the finding.
Sample size information: The sample size information is not applicable to the finding.
Statistically valid sample: N/A
Name of Federal agency: U.S. Department of Housing and Urban Development
Pass-through entity: N/A
Questioned costs: N/A
Statement of condition 2023-003: For the year ended June 30, 2022, the Corporation did not
submit audited financial statements to the Federal Audit Clearinghouse within 30 days after receipt of
the auditor's report on October 6, 2022. The audited financial statements were submitted to the
Federal Audit Clearinghouse on July 5, 2024.
Criteria: Pursuant to 2 CFR 200.512(a), the Corporation is required to electronically submit audited
financial statements to the Federal Audit Clearinghouse within the earlier of 30 days after receipts of
the auditor's report or nine months after the end of the audit period.
Effect: The Corporation is not in compliance with the federal reporting requirements.
Cause: The predecessor auditor did not comply with engagement terms and failed to notify
management of his decision to not proceed with the engagement in a timely manner.
Recommendation: The Corporation should submit audited financial statements to the Federal Audit
Clearinghouse within the time frames required.
Management's response: Management concurs with the finding and agrees with the auditor's
recommendation. The audited financial statements have been submitted to the Federal Audit
Clearinghouse. No further action is required.
Assistance Listing (Federal award identification number and year): Supportive Housing for
the Elderly, Assistance Listing No. 14.157, 122-EH518-WAH-NP and 1993
Auditor non-compliance code: Z - Other
Finding resolution status: Resolved
Universe population size: The universe population size is not applicable to the finding.
Sample size information: The sample size information is not applicable to the finding.
Statistically valid sample: N/A
Name of Federal agency: U.S. Department of Housing and Urban Development
Pass-through entity: N/A
Questioned costs: N/A
Statement of condition 2023-003: For the year ended June 30, 2022, the Corporation did not
submit audited financial statements to the Federal Audit Clearinghouse within 30 days after receipt of
the auditor's report on October 6, 2022. The audited financial statements were submitted to the
Federal Audit Clearinghouse on July 5, 2024.
Criteria: Pursuant to 2 CFR 200.512(a), the Corporation is required to electronically submit audited
financial statements to the Federal Audit Clearinghouse within the earlier of 30 days after receipts of
the auditor's report or nine months after the end of the audit period.
Effect: The Corporation is not in compliance with the federal reporting requirements.
Cause: The predecessor auditor did not comply with engagement terms and failed to notify
management of his decision to not proceed with the engagement in a timely manner.
Recommendation: The Corporation should submit audited financial statements to the Federal Audit
Clearinghouse within the time frames required.
Management's response: Management concurs with the finding and agrees with the auditor's
recommendation. The audited financial statements have been submitted to the Federal Audit
Clearinghouse. No further action is required.
Assistance Listing (Federal award identification number and year): Supportive Housing for
the Elderly, Assistance Listing No. 14.157, 122-EH518-WAH-NP and 1993
Auditor non-compliance code: N – Reserve for Replacement Deposits
Finding resolution status: Resolved
Universe population size: 12 deposits
Sample size information: 12 deposits
Statistically valid sample: Yes
Name of Federal agency: U.S. Department of Housing and Urban Development
Pass-through entity: N/A
Questioned costs: $4,846
Statement of condition 2023-001: During the year ended June 30, 2023, the Corporation did not
make the require deposits to the reserve for replacements.
Criteria: Pursuant to the HUD regulatory agreement, the Corporation is required to make deposits
to the reserve for replacements in the required amount of $29,076.
Effect: The Corporation is not in compliance with the HUD regulatory agreement and the reserve for
replacements is underfunded.
Cause: The Corporation did not have sufficient funds in the operating cash account to make the
deposit.
Recommendation: Management should make a deposit to the reserve for replacements for $4,846
for the delinquent deposits. In future periods, management should fund the reserve for replacements
on an annual basis as required by the HUD regulatory agreement or request HUD approval for a
suspension of deposits.
Management's response: Management concurs with the finding and agrees with the auditor's
recommendation. Management made a deposit of $4,846 on July 20, 2023 for the delinquent deposits.
Assistance Listing (Federal award identification number and year): Supportive Housing for
the Elderly, Assistance Listing No. 14.157, 122-EH518-WAH-NP and 1993
Auditor non-compliance code: N – Reserve for Replacement Deposits
Finding resolution status: Resolved
Universe population size: 12 deposits
Sample size information: 12 deposits
Statistically valid sample: Yes
Name of Federal agency: U.S. Department of Housing and Urban Development
Pass-through entity: N/A
Questioned costs: $4,846
Statement of condition 2023-001: During the year ended June 30, 2023, the Corporation did not
make the require deposits to the reserve for replacements.
Criteria: Pursuant to the HUD regulatory agreement, the Corporation is required to make deposits
to the reserve for replacements in the required amount of $29,076.
Effect: The Corporation is not in compliance with the HUD regulatory agreement and the reserve for
replacements is underfunded.
Cause: The Corporation did not have sufficient funds in the operating cash account to make the
deposit.
Recommendation: Management should make a deposit to the reserve for replacements for $4,846
for the delinquent deposits. In future periods, management should fund the reserve for replacements
on an annual basis as required by the HUD regulatory agreement or request HUD approval for a
suspension of deposits.
Management's response: Management concurs with the finding and agrees with the auditor's
recommendation. Management made a deposit of $4,846 on July 20, 2023 for the delinquent deposits.
Assistance Listing (Federal award identification number and year): Supportive Housing for
the Elderly, Assistance Listing No. 14.157, 122-EH518-WAH-NP and 1993
Auditor non-compliance code: Z - Other
Finding resolution status: Resolved
Universe population size: The universe population size is not applicable to the finding.
Sample size information: The sample size information is not applicable to the finding.
Statistically valid sample: N/A
Name of Federal agency: U.S. Department of Housing and Urban Development
Pass-through entity: N/A
Questioned costs: N/A
Statement of condition 2023-002: The Corporation did not furnish HUD with a complete annual
financial report within 90 days following the year ended June 30, 2023.
Criteria: Pursuant to the HUD regulatory agreement, the Corporation is required to furnish to HUD
within 90 days following the fiscal year end a complete annual financial report based upon the
examination of the books and records of the Corporation prepared in accordance with GAAP and with
the requirements of HUD, and audited in accordance with Generally Accepted Auditing Standards and
Government Auditing Standards.
Effect: The Corporation is not in compliance with the HUD regulatory agreement.
Cause: The predecessor auditor did not comply with engagement terms and failed to notify
management of his decision to not proceed with the engagement in a timely manner.
Recommendation: The Corporation should ensure the annual financial report is filed within 90 days
of year end.
Management's response: Management concurs with the finding and agrees with the auditor's
recommendation. The audited financial statements have been submitted to HUD. No further action is
required.
Assistance Listing (Federal award identification number and year): Supportive Housing for
the Elderly, Assistance Listing No. 14.157, 122-EH518-WAH-NP and 1993
Auditor non-compliance code: Z - Other
Finding resolution status: Resolved
Universe population size: The universe population size is not applicable to the finding.
Sample size information: The sample size information is not applicable to the finding.
Statistically valid sample: N/A
Name of Federal agency: U.S. Department of Housing and Urban Development
Pass-through entity: N/A
Questioned costs: N/A
Statement of condition 2023-002: The Corporation did not furnish HUD with a complete annual
financial report within 90 days following the year ended June 30, 2023.
Criteria: Pursuant to the HUD regulatory agreement, the Corporation is required to furnish to HUD
within 90 days following the fiscal year end a complete annual financial report based upon the
examination of the books and records of the Corporation prepared in accordance with GAAP and with
the requirements of HUD, and audited in accordance with Generally Accepted Auditing Standards and
Government Auditing Standards.
Effect: The Corporation is not in compliance with the HUD regulatory agreement.
Cause: The predecessor auditor did not comply with engagement terms and failed to notify
management of his decision to not proceed with the engagement in a timely manner.
Recommendation: The Corporation should ensure the annual financial report is filed within 90 days
of year end.
Management's response: Management concurs with the finding and agrees with the auditor's
recommendation. The audited financial statements have been submitted to HUD. No further action is
required.
Assistance Listing (Federal award identification number and year): Supportive Housing for
the Elderly, Assistance Listing No. 14.157, 122-EH518-WAH-NP and 1993
Auditor non-compliance code: Z - Other
Finding resolution status: Resolved
Universe population size: The universe population size is not applicable to the finding.
Sample size information: The sample size information is not applicable to the finding.
Statistically valid sample: N/A
Name of Federal agency: U.S. Department of Housing and Urban Development
Pass-through entity: N/A
Questioned costs: N/A
Statement of condition 2023-003: For the year ended June 30, 2022, the Corporation did not
submit audited financial statements to the Federal Audit Clearinghouse within 30 days after receipt of
the auditor's report on October 6, 2022. The audited financial statements were submitted to the
Federal Audit Clearinghouse on July 5, 2024.
Criteria: Pursuant to 2 CFR 200.512(a), the Corporation is required to electronically submit audited
financial statements to the Federal Audit Clearinghouse within the earlier of 30 days after receipts of
the auditor's report or nine months after the end of the audit period.
Effect: The Corporation is not in compliance with the federal reporting requirements.
Cause: The predecessor auditor did not comply with engagement terms and failed to notify
management of his decision to not proceed with the engagement in a timely manner.
Recommendation: The Corporation should submit audited financial statements to the Federal Audit
Clearinghouse within the time frames required.
Management's response: Management concurs with the finding and agrees with the auditor's
recommendation. The audited financial statements have been submitted to the Federal Audit
Clearinghouse. No further action is required.
Assistance Listing (Federal award identification number and year): Supportive Housing for
the Elderly, Assistance Listing No. 14.157, 122-EH518-WAH-NP and 1993
Auditor non-compliance code: Z - Other
Finding resolution status: Resolved
Universe population size: The universe population size is not applicable to the finding.
Sample size information: The sample size information is not applicable to the finding.
Statistically valid sample: N/A
Name of Federal agency: U.S. Department of Housing and Urban Development
Pass-through entity: N/A
Questioned costs: N/A
Statement of condition 2023-003: For the year ended June 30, 2022, the Corporation did not
submit audited financial statements to the Federal Audit Clearinghouse within 30 days after receipt of
the auditor's report on October 6, 2022. The audited financial statements were submitted to the
Federal Audit Clearinghouse on July 5, 2024.
Criteria: Pursuant to 2 CFR 200.512(a), the Corporation is required to electronically submit audited
financial statements to the Federal Audit Clearinghouse within the earlier of 30 days after receipts of
the auditor's report or nine months after the end of the audit period.
Effect: The Corporation is not in compliance with the federal reporting requirements.
Cause: The predecessor auditor did not comply with engagement terms and failed to notify
management of his decision to not proceed with the engagement in a timely manner.
Recommendation: The Corporation should submit audited financial statements to the Federal Audit
Clearinghouse within the time frames required.
Management's response: Management concurs with the finding and agrees with the auditor's
recommendation. The audited financial statements have been submitted to the Federal Audit
Clearinghouse. No further action is required.