FAC Explorer

Audit 396811

FY End
2025-06-30
Total Expended
$1.46M
Findings
1
Programs
3
Organization: Hollister House, Inc. (OH)
Year: 2025 Accepted: 2026-03-31
Auditor: TIDWELL GROUP LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1205154 2025-001 Material Weakness Yes P

Programs

ALN Program Spent Major Findings
14.155 MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS $1.14M Yes 1
14.195 SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM $278,707 Yes 0
14.191 MULTIFAMILY HOUSING SERVICE COORDINATORS $37,002 Yes 0

Contacts

Name Title Type
ZLQED6CSAJK9 Justin Martin Auditee
6145525920 Damien Cassell Auditor
No contacts on file

Notes to SEFA

Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of Hollister House, Inc. 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 (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this Schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.

Finding Details

Finding 2025-001
S3800-010 Finding Reference Number 2025-001 S3800-015 Type of Finding Federal Award Finding S3800-020 Criteria The Regulatory Agreement requires the property to be in full compliance with all HUD regulations. S3800-030 Statement of Condition On July 8, 2024, the property had a Real Estate Assessment Center physical inspection and received a score of 59. S3800-035 Auditor Non-Compliance Code I - Failure to maintain property S3800-037 FHA/Contract Number 046-11074 S3800-038 Questioned Costs $-0- S3800-050 Context The Corporation failed to maintain the property. S3800-060 Effect Based on the results of the inspection, the Corporation was out of compliance with the requirements of the Regulatory Agreement. S3800-070 Cause Management oversight. S3800-080 Recommendation All required changes and corrections should be made in accordance with the Real Estate Assessment Center physical inspection and the Regulatory Agreement. Routine physical inspections and maintenance should be performed at the property to prevent future occurrences of the deficiency.