FAC Explorer

Audit 400187

FY End
2025-12-31
Total Expended
$6.18M
Findings
1
Programs
1
Organization: Carty Heights (MN)
Year: 2025 Accepted: 2026-04-29
Auditor: WIPFLI LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1210856 2025-002 Material Weakness Yes N

Programs

ALN Program Spent Major Findings
14.157 SUPPORTIVE HOUSING FOR THE ELDERLY $279,633 Yes 1

Contacts

Name Title Type
ZSG6KKHUHSV9 Collyn Iblings Auditee
6516328841 Donna Mae Huss Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant activity of Carty Heights HUD Project No. 092-EE109 (the “Project”) under a program of the federal government for the year ended December 31, 2025. The information in the 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 (the “Uniform Guidance”). Because the Schedule presents only a selected portion of the operations of Carty Heights (HUD Project No. 092-EE109), it is not intended to and does not present the financial position, changes in net assets, or cash flows of Carty Heights (HUD Project No. 092- EE109).
Carty Heights (HUD Project No. 092-EE109) received a capital advance from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act that has been accounted for as a contribution and is reported in net assets with donor restrictions in the Project’s financial statements. The capital advance balance outstanding at the beginning of the year is included in the federal expenditures presented in the Schedule. The Project received no additional capital advances during the year. The balance of the capital advance outstanding at December 31, 2025, was $5,896,800.
The Project passed no federal awards through to subrecipients.

Finding Details

Finding 2025-002
Condition: The Project completed a withdraw request on a U.S Department of Housing and Urban Development Funds Authorization form that was in excess of the actual invoice by $885. In addition, the Project requested withdrawals from the replacement reserve for allowable costs of $15,784 and did not properly complete the transfer by the year ended December 31, 2025. Criteria: The Project may only distribute funds from the replacement reserve upon approval from HUD and for costs related to repair and replacement needs. Cause: Management oversight. Effect: The Project is in violation of its regulatory agreement. Recommendation: The Project should replenish the replacement reserve account for the $885 that was withdrawn in error and should replenish operating cash for the $15,784 that was approved to be withdrawn from the replacement reserve for allowable costs. View of Responsible Officials: The Project agrees with the finding and will reconcile the replacement reserve account by transferring $14,899 from the replacement reserve to the operating account to properly reconcile the replacement reserve for the allowable costs and withdrawals approved by HUD.