FAC Explorer

Audit 9107

FY End
2023-06-30
Total Expended
$1.23M
Findings
2
Programs
1
Organization: Nh Housing Development, Nfp (IL)
Year: 2023 Accepted: 2024-01-02
Auditor: Dugan + Lopatka CPAS

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
7082 2023-001 - - P
583524 2023-001 - - P

Programs

ALN Program Spent Major Findings
14.181 Supportive Housing for Persons with Disabilities $64,753 Yes 0

Contacts

Name Title Type
LLCLYSN62BH5 Katie Grand Auditee
7088294358 Ron Marklund Auditor
No contacts on file

Notes to SEFA

Title: U.S. Department of Housing amd Urban Development Loan Program Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal award activity of HUD Project No. IL06-Q031-006/071-HD137, NH Housing Development and 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 NH Housing Development, it is not intended to and does not present the financial position, changes in net assets, or cash flows of NH Housing Development. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: NH Housing Development has elected not to use the 10 percent de minimum indirect cost rate allowed under the Uniform Guidance. NH Housing Development has received a U.S. Department of Housing and Urban Development capital advance mortgage under Section 811 of the National Affordable Act. The loan balance outstanding at the beginning of the year is included in the federal expenditures presented in the schedule. NH Housing Development received no additional loans during the year. The balance of the loan outstanding at June 30, 2023 consists of - Outstanding Balance Assistance Listing Number Program Name June 30, 2023 14.181 Capital Advance Mortgage $ 1,163,500

Finding Details

Finding 2023-001
Criteria: 2 CFR 200.512(a) requires that the reporting package (the single audit report) and the data collection form be submitted to the Federal Audit Clearinghouse the earlier of 30 calendar days after the reports are received or nine months after the end of the audit period. Condition: NH Housing Development’s June 30, 2022 reporting package and data collection form was due no later than October 29, 2022, which was 30 days after the submission of the auditors report; however, the reporting package and data collection form were not submitted until May 1, 2023. Cause: There were delays in completing the submission of the report due to not having the required Unique Entity Identifier which was needed for submission. Effect: This delay in reporting to the Federal Audit Clearinghouse and to pass-through entities will cause a delay in closing out grants and reporting results of the grants to various organizations. Auditor recommendation: We recommend that NH Housing Development ensures all required information for the data collection is available in a timely fashion to ensure timely filing of the data collection form. Management response: During 2022 and 2023 several attempts were made to request a Unique Entity Identifier from the General Services Administration, but the database they were using was unable to match the details of the organization within their database. In the future, NH Housing Development ensures all required information for the data collection is available in a timely fashion to ensure timely filing of the data collection form.
Finding 2023-001
Criteria: 2 CFR 200.512(a) requires that the reporting package (the single audit report) and the data collection form be submitted to the Federal Audit Clearinghouse the earlier of 30 calendar days after the reports are received or nine months after the end of the audit period. Condition: NH Housing Development’s June 30, 2022 reporting package and data collection form was due no later than October 29, 2022, which was 30 days after the submission of the auditors report; however, the reporting package and data collection form were not submitted until May 1, 2023. Cause: There were delays in completing the submission of the report due to not having the required Unique Entity Identifier which was needed for submission. Effect: This delay in reporting to the Federal Audit Clearinghouse and to pass-through entities will cause a delay in closing out grants and reporting results of the grants to various organizations. Auditor recommendation: We recommend that NH Housing Development ensures all required information for the data collection is available in a timely fashion to ensure timely filing of the data collection form. Management response: During 2022 and 2023 several attempts were made to request a Unique Entity Identifier from the General Services Administration, but the database they were using was unable to match the details of the organization within their database. In the future, NH Housing Development ensures all required information for the data collection is available in a timely fashion to ensure timely filing of the data collection form.