FAC Explorer

Audit 406015

FY End
2025-09-30
Total Expended
$4.04M
Findings
1
Programs
1
Organization: Pine Grove Housing Development Corporation, Dba Pine Grove Apts (FL)
Year: 2025 Accepted: 2026-06-30
Auditor: BELLOWS ASSOCIATES P A

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1221764 2025-001 Material Weakness Yes B

Programs

ALN Program Spent Major Findings
14.157 SUPPORTIVE HOUSING FOR THE ELDERLY $364,377 Yes 0

Contacts

Name Title Type
TK89DNNW9F44 Irene Phillips Auditee
9548359200 Jennifer Koffman Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards includes the federal grant activity of Pine Grove Housing Development Corporation, operating as Pine Grove Apartments, HUD Project No. 064-EE045 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 Pine Grove Housing Development Corporation, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Pine Grove Housing Development Corporation.
Pine Grove Housing Development Corporation has received a HUD capital advance under Section 202 of the National Housing Act. The capital advance balance outstanding at the beginning of the year is included in the federal expenditures presented in the Schedule. Pine Grove Housing Development Corporation received no additional loans during the year. The balance of the capital advance outstanding as of September 30, 2025 was $3,678,100.

Finding Details

Finding 2025-001
FINDING No. 2025-001: Section 202 Supportive Housing for the Elderly, ALN 14.157 Finding Resolution Status: Unresolved. Information on Universe Population Size: Payroll expenses. Sample Size Information: Quarterly Form 941s. Identification of Repeat Finding and Finding Reference Number: No. Criteria: In accordance with HUD, all disbursements from the regular operating account must only be used to pay for activities of the Project. Project funds cannot be loaned or used for non-project purposes. Statement of Condition: The Project erroneously paid $9,047 in wages for a shared community manager for time spent working at another project. Cause: The Project did not update the community manager’s status as a shared employee in a timely manner. Effect or Potential Effect: Unauthorized use of project assets. Auditor Non-Compliance Code: H – Unauthorized distribution of project assets Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor’s recommendations will be adopted. Recommendation: Management should enhance their procedures to ensure that all payroll disbursements are for work performed at the Project. Response Indicator: Agree. Completion Date: 9/30/2026 Response: Payroll procedures have been enhanced to ensure all employee changes are done timely. Questioned Costs – Department of Housing and Urban Development $ 9,047 Total Questioned Costs – Department of Housing and Urban Development $ 9,047