FAC Explorer

Audit 414794

FY End
2026-06-30
Total Expended
$4.75M
Findings
1
Programs
1
Organization: Sj Senior Housing, Inc. (NJ)
Year: 2026 Accepted: 2026-10-09
Auditor: GORFINE SCHILLER & GARDYN P A

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1240202 2026-001 Material Weakness Yes A

Programs

ALN Program Spent Major Findings
14.157 SUPPORTIVE HOUSING FOR THE ELDERLY $4.75M Yes 1

Contacts

Name Title Type
L1DEDDK3W421 Ruchella Friedman Auditee
7329038592 Scott Rodgville Auditor
No contacts on file

Notes to SEFA

NOTE A - GENERAL The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal programs of SJ Senior Housing, Inc. NOTE B – BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of SJ Senior Housing, 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 Part 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Because this schedule presents only a selected portion of the operations of SJ Senior Housing, Inc., it is not intended and does not present the financial position, change in net assets, or cash flows of SJ Senior Housing, Inc. Therefore, amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements. SJ Senior Housing, Inc. did not elect to use the 10% de minimis cost rate as covered in 2 CFR 200.414 Indirect (F&A) costs.

Finding Details

Finding 2026-001
Finding 2026-001 Information on the Federal Program: Assistance Listing Number 14.157 – Supportive Housing for the Elderly (Section 202). HUD Contract #: MA06-S071001. Compliance Requirements: Special Tests and Provisions. Type of Finding: Material Noncompliance. Criteria: Residual Receipts - In accordance with the applicable HUD Regulatory Agreement and HUD requirements, surplus cash generated by the project is required to be deposited into the Residual Receipts account within the required timeframe following the end of the applicable fiscal period. Condition: For the year ended June 30, 2026, the Organization did not timely deposit surplus cash of $22,198 into the Residual Receipts account. The amount was required to be deposited by September 30, 2025; however, the Organization did not make the deposit until September 2026. Cause: The Organization did not have adequate procedures in place to ensure the required surplus cash deposit was identified and made within the timeframe required by HUD. Effect or Potential effect: As a result, the Organization was not in compliance with HUD requirements related to the timely deposit of surplus cash into the Residual Receipts account. The full amount of $22,198 was subsequently deposited in September 2026. Questioned Costs: $22,198 Context: There was one year delay on the deposits of Residual Receipts.. Repeat Findings: No Recommendation: The Organization should establish procedures to ensure surplus cash is calculated and deposited into the Residual Receipts account within the timeframe required by HUD. The Organization should also maintain documentation supporting the calculation and timely deposit of surplus cash. Views of Responsible Official: We will establish necessary procedures and ensure going forward all surplus cash are timely deposited.