Audit 49342

FY End

2022-12-31

Total Expended

$2.77M

Findings

4

Programs

1

Organization: Catholic Housing Corporation of Lansford (PA)

Year: 2022 Accepted: 2023-09-29

Auditor: Bbd LLP

Organization Exclusion Status:

Checking exclusion status...

ID	Ref	Severity	Repeat	Requirement
61294	2022-002	Significant Deficiency	Yes	N
61295	2022-002	Significant Deficiency	Yes	N
637736	2022-002	Significant Deficiency	Yes	N
637737	2022-002	Significant Deficiency	Yes	N

ALN	Program	Spent	Major	Findings
14.157	Supportive Housing for the Elderly	$91,435	Yes	1

Contacts

Name	Title	Type
QMQ6AMDGZKP3	Michael Heneghan	Auditee
6108655595	Brian Page	Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: (1)BASIS OF PRESENTATIONThe accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal grant activity of Catholic Housing Corporation of Lansford d/b/a St. Ann Senior Apartments (the "Corporation") and is prepared using the accrual basis of accounting.(2)RELATIONSHIP TO BASIC FINANCIAL STATEMENTSThe 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 ("Uniform Guidance"). Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.(3)INDIRECT COSTSThe Corporation has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. SUPPORTIVE HOUSING FOR THE ELDERLY (14.157) - Balances outstanding at the end of the audit period were 2675900.

Finding Details

Finding 2022-002

FINDINGS AND QUESTIONED COSTS?MAJOR FEDERAL AWARD PROGRAM AUDIT 2022-02 Federal Agency: U.S. Department of Housing and Urban Development Federal Program: CFDA #14.157 ? Supportive Housing for the Elderly Type of Finding: Noncompliance\significant deficiency in internal control over compliance Criteria The Organization, in accordance with the Regulatory Agreement, is required to maintain a reserve for replacements. The required minimum monthly deposit into this account is $892. Condition For the year ended December 31, 2022, a total of $10,704 was to be deposited into the replacement reserve account for 2022 required deposits. However, only $6,244 was deposited, representing seven monthly payments. Questioned Costs None Cause Due to turnover in the accounting department staff, the required monthly deposits were not made in a timely fashion. Effect The Organization did not make the deposits into the replacement reserve account as required by the Regulatory Agreement. Recommendation The Organization should have procedures in place to ensure all required monthly deposits are made to the reserve for replacements. Views of Responsible Officials and Planned Corrective Action See accompanying Corrective Action Plan.

Finding 2022-002

FINDINGS AND QUESTIONED COSTS?MAJOR FEDERAL AWARD PROGRAM AUDIT 2022-02 Federal Agency: U.S. Department of Housing and Urban Development Federal Program: CFDA #14.157 ? Supportive Housing for the Elderly Type of Finding: Noncompliance\significant deficiency in internal control over compliance Criteria The Organization, in accordance with the Regulatory Agreement, is required to maintain a reserve for replacements. The required minimum monthly deposit into this account is $892. Condition For the year ended December 31, 2022, a total of $10,704 was to be deposited into the replacement reserve account for 2022 required deposits. However, only $6,244 was deposited, representing seven monthly payments. Questioned Costs None Cause Due to turnover in the accounting department staff, the required monthly deposits were not made in a timely fashion. Effect The Organization did not make the deposits into the replacement reserve account as required by the Regulatory Agreement. Recommendation The Organization should have procedures in place to ensure all required monthly deposits are made to the reserve for replacements. Views of Responsible Officials and Planned Corrective Action See accompanying Corrective Action Plan.

Finding 2022-002

FINDINGS AND QUESTIONED COSTS?MAJOR FEDERAL AWARD PROGRAM AUDIT 2022-02 Federal Agency: U.S. Department of Housing and Urban Development Federal Program: CFDA #14.157 ? Supportive Housing for the Elderly Type of Finding: Noncompliance\significant deficiency in internal control over compliance Criteria The Organization, in accordance with the Regulatory Agreement, is required to maintain a reserve for replacements. The required minimum monthly deposit into this account is $892. Condition For the year ended December 31, 2022, a total of $10,704 was to be deposited into the replacement reserve account for 2022 required deposits. However, only $6,244 was deposited, representing seven monthly payments. Questioned Costs None Cause Due to turnover in the accounting department staff, the required monthly deposits were not made in a timely fashion. Effect The Organization did not make the deposits into the replacement reserve account as required by the Regulatory Agreement. Recommendation The Organization should have procedures in place to ensure all required monthly deposits are made to the reserve for replacements. Views of Responsible Officials and Planned Corrective Action See accompanying Corrective Action Plan.

Finding 2022-002

FINDINGS AND QUESTIONED COSTS?MAJOR FEDERAL AWARD PROGRAM AUDIT 2022-02 Federal Agency: U.S. Department of Housing and Urban Development Federal Program: CFDA #14.157 ? Supportive Housing for the Elderly Type of Finding: Noncompliance\significant deficiency in internal control over compliance Criteria The Organization, in accordance with the Regulatory Agreement, is required to maintain a reserve for replacements. The required minimum monthly deposit into this account is $892. Condition For the year ended December 31, 2022, a total of $10,704 was to be deposited into the replacement reserve account for 2022 required deposits. However, only $6,244 was deposited, representing seven monthly payments. Questioned Costs None Cause Due to turnover in the accounting department staff, the required monthly deposits were not made in a timely fashion. Effect The Organization did not make the deposits into the replacement reserve account as required by the Regulatory Agreement. Recommendation The Organization should have procedures in place to ensure all required monthly deposits are made to the reserve for replacements. Views of Responsible Officials and Planned Corrective Action See accompanying Corrective Action Plan.