Finding 1079721 (2023-002)

Requirement

Questioned Costs

Year

2023

Accepted

2024-10-21

Audit: 325367

Organization: Wingo Elderly Housing Corporation D/b/a Locust Ridge Apartments (KY)

Auditor: Comer Nowling and Associates PC

AI Summary

Issue: Financial statements for the period ending December 31, 2023, were not submitted on time.
Trend: This delay indicates a potential pattern of non-compliance with filing deadlines.
Follow-up: Ensure timely filing in the future and review processes to prevent similar issues.

The audited financial statements for the period ended December 31, 2023 were not filed into the REAC system within 90 days after the period-end.

ALN	Program Name	Expenditures
14.157	Supportive Housing for the Elderly	$33,355