Audit 371826

SIGNIFICANT DEFICIENCY S3800-010 Finding Reference Number 2025-001 S3800-011 Title and Assistance Listing Number of Federal Program U.S. Department of Housing and Urban Development Supportive Housing for the Elderly; PRAC and Capital Advance, 14.157 S3800-015 Type of Finding Federal Award Finding S3800-016 Finding Resolution Status Resolved S3800-017 Information on Universe Population Size N/A S3800-018 Sample Size Information N/A S3800-019 Identification of Repeat Finding and Reference Number No S3800-020 Criteria The Organization must comply with HUD guidelines regarding residual receipts deposits. S3800-030 Statement of Condition The Organization did not make the required deposit to residual receipts in a timely manner for the year ended June 30, 2024. S3800-032 Cause Staff training. S3800-033 Effect or Potential Effect The Organization was not in compliance with HUD guidelines for residual receipts deposits. S3800-035 Auditor Non-Compliance Code S3800-040 Questioned Costs $10,965 S3800-045 Reporting Views of Responsible Officials Management agrees with the findings. S3800-037 FHA/Contract Number 171EE009 S3800-038 Questioned Costs $10,965 S3800-080 Recommendation Management should have procedures in place to ensure the timely deposit to the residual receipts accounts. S3800-090 Auditor’s Summary of the Auditee’s Comments on the Findings and Recommendations Management will ensure that residual receipts deposits are made in compliance with HUD guidelines. S3800-130 Response Indicator Agree S3800-140 Completion Date 6/30/2025 S3800-150 Response Management agrees with the findings. S3800-160 Contact Person First Name Thomas S3800-170 Contact Person Middle Initial E. S3800-180 Contact Person Last Name Anderson