FAC Explorer

Audit 409319

FY End
2025-12-31
Total Expended
$4.51M
Findings
1
Programs
2
Organization: Senior Citizens Housing Development Corporation of Mt. Lebanon (FL)
Year: 2025 Accepted: 2026-08-18
Auditor: BELLOWS ASSOCIATES P A

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1227152 2025-001 Material Weakness Yes B

Programs

ALN Program Spent Major Findings
14.157 SUPPORTIVE HOUSING FOR THE ELDERLY - CAPITAL ADVANCE $4.15M Yes 1
14.157 SUPPORTIVE HOUSING FOR THE ELDERLY - PROJECT RENTAL ASSISTANCE CONTRACTS $364,475 Yes 0

Contacts

Name Title Type
MKNLVGR5H9P7 Irene Phillips Auditee
9548359200 Jennifer R. Koffman Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards includes the federal award activity of Senior Citizens Housing Development Corporation of Mt. Lebanon, operating as Lloyd McBride Court, HUD Project No. 033-EE046, 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 Senior Citizens Housing Development Corporation of Mt. Lebanon, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Senior Citizens Housing Development Corporation of Mt. Lebanon.
Senior Citizens Housing Development Corporation of Mt. Lebanon 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. Senior Citizens Housing Development Corporation of Mt. Lebanon received no additional loans during the year. The balance of the capital advance outstanding as of December 31, 2025 was $4,145,400.

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: Expenses. Sample Size Information: Management fees. Identification of Repeat Finding and Finding Reference Number: No. Criteria: The Project shall only owe the management company fees at the rate specified in the Project Owner’s/Management Agent’s Certification (form HUD-9839-B). Statement of Condition: As a result of an expired form HUD-9839-B, the Project has been overcharged management fees, resulting in an unauthorized loan to the management company. Cause: Form HUD-9839-B expired and the management company kept charging the Project. Effect or Potential Effect: The Project has made an unauthorized loan to the management company as a result of overpaying management fees of $3,422 and over accruing management fees of $13,688. Auditor Non-Compliance Code: J – Unauthorized Management Fees. Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor’s recommendation will be adopted. Recommendation: The Project should implement procedures to monitor the expiration of all contracts to ensure timely preparation and approval. Additionally, the Project should obtain reimbursement for any amounts paid subsequent to the expiration of form HUD-9839-B. Response Indicator: Agree. Completion Date: 12/31/2026 Response: Management is in the process of renewing all management certifications and will provide the accountant extra training to monitor and not charge fees for expired certifications.