Audit 359276

FY End
2024-09-30
Total Expended
$2.07M
Findings
28
Programs
1
Organization: Kearsarge Elderly Housing, Inc. (NH)
Year: 2024 Accepted: 2025-06-19

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
565394 2024-002 Significant Deficiency Yes P
565395 2024-003 - - E
565396 2024-002 Significant Deficiency Yes P
565397 2024-003 - - E
565398 2024-004 - - E
565399 2024-004 - - E
565400 2024-005 Significant Deficiency - B
565401 2024-005 Significant Deficiency - B
565402 2024-006 Significant Deficiency Yes B
565403 2024-006 Significant Deficiency Yes B
565404 2024-007 Material Weakness Yes P
565405 2024-007 Material Weakness Yes P
565406 2024-008 Significant Deficiency - N
565407 2024-008 Significant Deficiency - N
1141836 2024-002 Significant Deficiency Yes P
1141837 2024-003 - - E
1141838 2024-002 Significant Deficiency Yes P
1141839 2024-003 - - E
1141840 2024-004 - - E
1141841 2024-004 - - E
1141842 2024-005 Significant Deficiency - B
1141843 2024-005 Significant Deficiency - B
1141844 2024-006 Significant Deficiency Yes B
1141845 2024-006 Significant Deficiency Yes B
1141846 2024-007 Material Weakness Yes P
1141847 2024-007 Material Weakness Yes P
1141848 2024-008 Significant Deficiency - N
1141849 2024-008 Significant Deficiency - N

Programs

ALN Program Spent Major Findings
14.157 Supportive Housing for the Elderly $1.86M Yes 7

Contacts

Name Title Type
CRG6EV73J4D3 Jill Lesmerises Auditee
6032253295 Shauna Brown Auditor
No contacts on file

Notes to SEFA

Title: NOTE C: U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT LOAN PROGRAM Accounting Policies: NOTE A: BASIS OF PRESENTATION: The accompanying schedule of expenditures of federal awards includes the federal award activity of Kearsarge Elderly Housing, Inc., HUD Project No. 024-EH203, and is presented on the accrual basis of accounting. 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 Kearsarge Elderly Housing, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Kearsarge Elderly Housing, Inc. NOTE B: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: 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, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: Kearsarge Elderly Housing, Inc. has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. NOTE C: U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT LOAN PROGRAM: Kearsarge Elderly Housing, Inc. has received a U.S. Department of Housing and Urban Development capital advance under Section 202 of the National Housing Act. The loan balance outstanding at the beginning of the year is included in the federal expenditures presented in the Schedule. Kearsarge Elderly Housing, Inc. received no additional loans during the year. The balance of the loan outstanding at September 30, 2024 consists of: 14.157 Section 202 Capital Advance $1,858,100

Finding Details

Information on universe/sample size: It was noted during testing that some of the HUD form certifiers were not updated in a timely manner. Identification of repeat finding: Yes, 2023-001 Condition: HUD forms must be certified by an authorized user. Criteria: The certifier for HUD forms should be a current employee with oversight in the area the form pertains to. Effect: The forms were not certified by the correct individual. Context: Auditor reviewed source documents noting incorrect certifier. Cause: Lack of oversight by management agent. Recommendation: A procedure be implemented to ensure that the Project timely changes the certifier on forms when applicable.
Information on universe: Total population was 37 files. Sample Size: 5 files were selected for testing. Identification of repeat finding: No Condition: Missing required documentation. Enterprise Income Verification (EIV) reports were not able to be run due to the license expiring and the person with the license no longer working at the organization. Criteria: HUD requires EIV forms to be run, monthly, quarterly and annually. Effect: Required documents were not able to be run which could result in inaccurate tenant information. Context: Auditor reviewed tenant files noting the forms were not present in the tenant files. Cause: Lack of oversight by management agent. The one individual with the EIV license was no longer working at the Organization. Recommendation: A system should be in place requiring more than one individual to have an EIV license and ensure the license does not lapse.
Information on universe/sample size: It was noted during testing that some of the HUD form certifiers were not updated in a timely manner. Identification of repeat finding: Yes, 2023-001 Condition: HUD forms must be certified by an authorized user. Criteria: The certifier for HUD forms should be a current employee with oversight in the area the form pertains to. Effect: The forms were not certified by the correct individual. Context: Auditor reviewed source documents noting incorrect certifier. Cause: Lack of oversight by management agent. Recommendation: A procedure be implemented to ensure that the Project timely changes the certifier on forms when applicable.
Information on universe: Total population was 37 files. Sample Size: 5 files were selected for testing. Identification of repeat finding: No Condition: Missing required documentation. Enterprise Income Verification (EIV) reports were not able to be run due to the license expiring and the person with the license no longer working at the organization. Criteria: HUD requires EIV forms to be run, monthly, quarterly and annually. Effect: Required documents were not able to be run which could result in inaccurate tenant information. Context: Auditor reviewed tenant files noting the forms were not present in the tenant files. Cause: Lack of oversight by management agent. The one individual with the EIV license was no longer working at the Organization. Recommendation: A system should be in place requiring more than one individual to have an EIV license and ensure the license does not lapse.
Information on universe: Total population was 37 files. Sample Size: 5 files were selected for testing. Identification of repeat finding: No Condition: Tenant files had missing required forms, inaccurate calculations and missing tenant signatures. Criteria: All tenants must be recertified annually and all recertification paperwork including third party verifications must be in the tenant file. Effect: Tenant income and/or expenses could be inaccurate. Context: Auditor selected tenant files and noted inaccurate and missing forms as well as inaccurate rent calculations. Cause: Turnover at the management agent. Recommendation: Continue to hire and train additional staff to fill the staffing shortages.
Information on universe: Total population was 37 files. Sample Size: 5 files were selected for testing. Identification of repeat finding: No Condition: Tenant files had missing required forms, inaccurate calculations and missing tenant signatures. Criteria: All tenants must be recertified annually and all recertification paperwork including third party verifications must be in the tenant file. Effect: Tenant income and/or expenses could be inaccurate. Context: Auditor selected tenant files and noted inaccurate and missing forms as well as inaccurate rent calculations. Cause: Turnover at the management agent. Recommendation: Continue to hire and train additional staff to fill the staffing shortages.
Information on universe: Payroll allocation testing Sample size: Five employees selected for internal control testing. Identification of repeat finding: No Condition: Additional detail and documentation is needed on time sheets for allocation to projects from the housing director for front line services. Housing director rate should be adjusted for front line services performed. Criteria: All allocable time should have sufficient detail of duties performed and at the correct rate. Effect: The property could be charged the wrong amounts for payroll. Context: Auditor selected timesheets for payroll testing. Cause: Lack of oversight Recommendation: Job duties should be documented for each position and a policy should be implemented to ensure all time sheets detail out the duties performed and are charged at the correct rate.
Information on universe: Payroll allocation testing Sample size: Five employees selected for internal control testing. Identification of repeat finding: No Condition: Additional detail and documentation is needed on time sheets for allocation to projects from the housing director for front line services. Housing director rate should be adjusted for front line services performed. Criteria: All allocable time should have sufficient detail of duties performed and at the correct rate. Effect: The property could be charged the wrong amounts for payroll. Context: Auditor selected timesheets for payroll testing. Cause: Lack of oversight Recommendation: Job duties should be documented for each position and a policy should be implemented to ensure all time sheets detail out the duties performed and are charged at the correct rate.
Information on universe: Payroll control testing. Sample size: Five employees selected for internal control testing. Identification of repeat finding: Yes, 2023-002 Condition: Lack of review and approvals on time allocated and charged to the property as well as one employee missing allocations. Criteria: Allocation sheets should be reviewed and approved. Effect: The property could be charged the wrong amounts for payroll. Context: Auditor selected timesheets for payroll control testing. Cause: Lack of review and approvals. Recommendation: Allocation sheets should be reviewed in detail and approved.
Information on universe: Payroll control testing. Sample size: Five employees selected for internal control testing. Identification of repeat finding: Yes, 2023-002 Condition: Lack of review and approvals on time allocated and charged to the property as well as one employee missing allocations. Criteria: Allocation sheets should be reviewed and approved. Effect: The property could be charged the wrong amounts for payroll. Context: Auditor selected timesheets for payroll control testing. Cause: Lack of review and approvals. Recommendation: Allocation sheets should be reviewed in detail and approved.
Information on universe/ sample size: It was noted during testing that the management agent was not able to perform management duties in a timely manner. Identification of repeat finding: Yes, 2023-003 Condition: All management agent duties should be performed timely. Criteria: Tenant units should be filled in a timely manner and existing tenants need to be recertified annually. Effect: There were significant vacancies and some tenant’s subsidies had expired. Context: Auditor noted the vacancies and file issues during testing. Cause: Significant turnover at the management agent. Recommendation: The management agent should hire a consultant to assist with performing the necessary management agent duties until they are fully staffed.
Information on universe/ sample size: It was noted during testing that the management agent was not able to perform management duties in a timely manner. Identification of repeat finding: Yes, 2023-003 Condition: All management agent duties should be performed timely. Criteria: Tenant units should be filled in a timely manner and existing tenants need to be recertified annually. Effect: There were significant vacancies and some tenant’s subsidies had expired. Context: Auditor noted the vacancies and file issues during testing. Cause: Significant turnover at the management agent. Recommendation: The management agent should hire a consultant to assist with performing the necessary management agent duties until they are fully staffed.
Information on universe: It was noted during testing that the management agent withdrew more than the HUD approved amount from the reserve for replacement account. Sample size: Monthly reserve activity is tested for compliance. Identification of repeat finding: No Condition: A withdrawal from the reserve for replacement was greater than the amount approved by HUD. Criteria: All reserve for replacement withdrawals should match the amount approved by HUD. Effect: Reserve funds were spent on items not approved by HUD. Context: Auditor reviewed the source documents noting the amount withdrew was greater than the approved amount. Cause: lack of oversight at the management agent. Recommendation: The excess withdrawal should be returned to the reserve account. Additionally, a procedure should be implemented to ensure that amounts withdrawn from the reserve for replacement account do not exceed the approved amount.
Information on universe: It was noted during testing that the management agent withdrew more than the HUD approved amount from the reserve for replacement account. Sample size: Monthly reserve activity is tested for compliance. Identification of repeat finding: No Condition: A withdrawal from the reserve for replacement was greater than the amount approved by HUD. Criteria: All reserve for replacement withdrawals should match the amount approved by HUD. Effect: Reserve funds were spent on items not approved by HUD. Context: Auditor reviewed the source documents noting the amount withdrew was greater than the approved amount. Cause: lack of oversight at the management agent. Recommendation: The excess withdrawal should be returned to the reserve account. Additionally, a procedure should be implemented to ensure that amounts withdrawn from the reserve for replacement account do not exceed the approved amount.
Information on universe/sample size: It was noted during testing that some of the HUD form certifiers were not updated in a timely manner. Identification of repeat finding: Yes, 2023-001 Condition: HUD forms must be certified by an authorized user. Criteria: The certifier for HUD forms should be a current employee with oversight in the area the form pertains to. Effect: The forms were not certified by the correct individual. Context: Auditor reviewed source documents noting incorrect certifier. Cause: Lack of oversight by management agent. Recommendation: A procedure be implemented to ensure that the Project timely changes the certifier on forms when applicable.
Information on universe: Total population was 37 files. Sample Size: 5 files were selected for testing. Identification of repeat finding: No Condition: Missing required documentation. Enterprise Income Verification (EIV) reports were not able to be run due to the license expiring and the person with the license no longer working at the organization. Criteria: HUD requires EIV forms to be run, monthly, quarterly and annually. Effect: Required documents were not able to be run which could result in inaccurate tenant information. Context: Auditor reviewed tenant files noting the forms were not present in the tenant files. Cause: Lack of oversight by management agent. The one individual with the EIV license was no longer working at the Organization. Recommendation: A system should be in place requiring more than one individual to have an EIV license and ensure the license does not lapse.
Information on universe/sample size: It was noted during testing that some of the HUD form certifiers were not updated in a timely manner. Identification of repeat finding: Yes, 2023-001 Condition: HUD forms must be certified by an authorized user. Criteria: The certifier for HUD forms should be a current employee with oversight in the area the form pertains to. Effect: The forms were not certified by the correct individual. Context: Auditor reviewed source documents noting incorrect certifier. Cause: Lack of oversight by management agent. Recommendation: A procedure be implemented to ensure that the Project timely changes the certifier on forms when applicable.
Information on universe: Total population was 37 files. Sample Size: 5 files were selected for testing. Identification of repeat finding: No Condition: Missing required documentation. Enterprise Income Verification (EIV) reports were not able to be run due to the license expiring and the person with the license no longer working at the organization. Criteria: HUD requires EIV forms to be run, monthly, quarterly and annually. Effect: Required documents were not able to be run which could result in inaccurate tenant information. Context: Auditor reviewed tenant files noting the forms were not present in the tenant files. Cause: Lack of oversight by management agent. The one individual with the EIV license was no longer working at the Organization. Recommendation: A system should be in place requiring more than one individual to have an EIV license and ensure the license does not lapse.
Information on universe: Total population was 37 files. Sample Size: 5 files were selected for testing. Identification of repeat finding: No Condition: Tenant files had missing required forms, inaccurate calculations and missing tenant signatures. Criteria: All tenants must be recertified annually and all recertification paperwork including third party verifications must be in the tenant file. Effect: Tenant income and/or expenses could be inaccurate. Context: Auditor selected tenant files and noted inaccurate and missing forms as well as inaccurate rent calculations. Cause: Turnover at the management agent. Recommendation: Continue to hire and train additional staff to fill the staffing shortages.
Information on universe: Total population was 37 files. Sample Size: 5 files were selected for testing. Identification of repeat finding: No Condition: Tenant files had missing required forms, inaccurate calculations and missing tenant signatures. Criteria: All tenants must be recertified annually and all recertification paperwork including third party verifications must be in the tenant file. Effect: Tenant income and/or expenses could be inaccurate. Context: Auditor selected tenant files and noted inaccurate and missing forms as well as inaccurate rent calculations. Cause: Turnover at the management agent. Recommendation: Continue to hire and train additional staff to fill the staffing shortages.
Information on universe: Payroll allocation testing Sample size: Five employees selected for internal control testing. Identification of repeat finding: No Condition: Additional detail and documentation is needed on time sheets for allocation to projects from the housing director for front line services. Housing director rate should be adjusted for front line services performed. Criteria: All allocable time should have sufficient detail of duties performed and at the correct rate. Effect: The property could be charged the wrong amounts for payroll. Context: Auditor selected timesheets for payroll testing. Cause: Lack of oversight Recommendation: Job duties should be documented for each position and a policy should be implemented to ensure all time sheets detail out the duties performed and are charged at the correct rate.
Information on universe: Payroll allocation testing Sample size: Five employees selected for internal control testing. Identification of repeat finding: No Condition: Additional detail and documentation is needed on time sheets for allocation to projects from the housing director for front line services. Housing director rate should be adjusted for front line services performed. Criteria: All allocable time should have sufficient detail of duties performed and at the correct rate. Effect: The property could be charged the wrong amounts for payroll. Context: Auditor selected timesheets for payroll testing. Cause: Lack of oversight Recommendation: Job duties should be documented for each position and a policy should be implemented to ensure all time sheets detail out the duties performed and are charged at the correct rate.
Information on universe: Payroll control testing. Sample size: Five employees selected for internal control testing. Identification of repeat finding: Yes, 2023-002 Condition: Lack of review and approvals on time allocated and charged to the property as well as one employee missing allocations. Criteria: Allocation sheets should be reviewed and approved. Effect: The property could be charged the wrong amounts for payroll. Context: Auditor selected timesheets for payroll control testing. Cause: Lack of review and approvals. Recommendation: Allocation sheets should be reviewed in detail and approved.
Information on universe: Payroll control testing. Sample size: Five employees selected for internal control testing. Identification of repeat finding: Yes, 2023-002 Condition: Lack of review and approvals on time allocated and charged to the property as well as one employee missing allocations. Criteria: Allocation sheets should be reviewed and approved. Effect: The property could be charged the wrong amounts for payroll. Context: Auditor selected timesheets for payroll control testing. Cause: Lack of review and approvals. Recommendation: Allocation sheets should be reviewed in detail and approved.
Information on universe/ sample size: It was noted during testing that the management agent was not able to perform management duties in a timely manner. Identification of repeat finding: Yes, 2023-003 Condition: All management agent duties should be performed timely. Criteria: Tenant units should be filled in a timely manner and existing tenants need to be recertified annually. Effect: There were significant vacancies and some tenant’s subsidies had expired. Context: Auditor noted the vacancies and file issues during testing. Cause: Significant turnover at the management agent. Recommendation: The management agent should hire a consultant to assist with performing the necessary management agent duties until they are fully staffed.
Information on universe/ sample size: It was noted during testing that the management agent was not able to perform management duties in a timely manner. Identification of repeat finding: Yes, 2023-003 Condition: All management agent duties should be performed timely. Criteria: Tenant units should be filled in a timely manner and existing tenants need to be recertified annually. Effect: There were significant vacancies and some tenant’s subsidies had expired. Context: Auditor noted the vacancies and file issues during testing. Cause: Significant turnover at the management agent. Recommendation: The management agent should hire a consultant to assist with performing the necessary management agent duties until they are fully staffed.
Information on universe: It was noted during testing that the management agent withdrew more than the HUD approved amount from the reserve for replacement account. Sample size: Monthly reserve activity is tested for compliance. Identification of repeat finding: No Condition: A withdrawal from the reserve for replacement was greater than the amount approved by HUD. Criteria: All reserve for replacement withdrawals should match the amount approved by HUD. Effect: Reserve funds were spent on items not approved by HUD. Context: Auditor reviewed the source documents noting the amount withdrew was greater than the approved amount. Cause: lack of oversight at the management agent. Recommendation: The excess withdrawal should be returned to the reserve account. Additionally, a procedure should be implemented to ensure that amounts withdrawn from the reserve for replacement account do not exceed the approved amount.
Information on universe: It was noted during testing that the management agent withdrew more than the HUD approved amount from the reserve for replacement account. Sample size: Monthly reserve activity is tested for compliance. Identification of repeat finding: No Condition: A withdrawal from the reserve for replacement was greater than the amount approved by HUD. Criteria: All reserve for replacement withdrawals should match the amount approved by HUD. Effect: Reserve funds were spent on items not approved by HUD. Context: Auditor reviewed the source documents noting the amount withdrew was greater than the approved amount. Cause: lack of oversight at the management agent. Recommendation: The excess withdrawal should be returned to the reserve account. Additionally, a procedure should be implemented to ensure that amounts withdrawn from the reserve for replacement account do not exceed the approved amount.