FAC Explorer

Audit 371525

FY End
2025-06-30
Total Expended
$3.67M
Findings
2
Programs
1
Organization: Great Falls Elderly Housing, INC (MN)
Year: 2025 Accepted: 2025-10-30
Auditor: BAKER MEINZ & ASSOCIATES LTD

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1161637 2025-001 Material Weakness Yes N
1161638 2025-002 Material Weakness Yes B

Programs

ALN Program Spent Major Findings
14.157 SUPPORTIVE HOUSING FOR THE ELDERLY $120,235 Yes 0

Contacts

Name Title Type
C45QN5JHELW7 Ling Han Auditee
6516457271 Brian Baker Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards includes the federal award activity of Great Falls Elderly Housing, Inc., HUD Project No. 093-EE006, 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 Great Falls Elderly Housing, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Great Falls Elderly Housing, Inc.
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. Great Falls Elderly Housing, Inc. has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
There are no HUD loans in this Project.

Finding Details

Finding 2025-001
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FINDING 2025-001: SECTION 202, ASSISTANCE LISTING NUMBER 14.157 Condition: One of the tenant files tested did not contain a copy of the tenant's signed application. Criteria: All tenant files should contain a copy of the tenant's signed application. Effect: There is no financial effect. Context: A sample of tenant files was selected to ensure compliance with HUD regulations. The test found that one of the files tested was not in compliance. The non compliance did not have a financial effect. The details and results of the sample are as follows: Population - 37, Dollars - N/A; Sample - 4, Dollars - N/A; Not in Compliance - 1, Dollars - N/A; Questioned Costs - None; Cause: Project management failed to obtain the tenant's signature on the initial application. Recommendation: Project management should be reminded that obtaining proper documentation during the move-in process is important in tenant management. Views of Responsible Officials and Planned Corrective Actions: The Project agrees with the finding. Project management will be reminded to obtain the proper documentation during the move-in process. Total-Department of Housing and Urban Development - None; Non-compliance code - R
Finding 2025-002
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FINDING 2025-002: SECTION 202, ASSISTANCE LISTING NUMBER 14.157 Condition: The Project paid the expense of another project under common management. Criteria: The Project should not pay the expense of another project. Effect: The amount of expense incorrectly paid was $559. Context: The Accounts Receivable - Operations account was tested at June 30, 2025. No sample was tested. Questioned Costs - $559; Cause: the Project mistakenly paid an invoice of another project under common management. Recommendation: The Project should carefully review invoices before payment to ensure it pays the correct amount. Views of Responsible Officials and Planned Corrective Actions: The Project agrees with the finding. The accounts payable staff will be reminded to be careful when entering invoices for payment. Total-Department of Housing and Urban Development - $559; Non-compliance code - R