Finding 1131966 (2024-002)

Requirement

Questioned Costs

Year

2024

Accepted

2025-04-21

Audit: 354044

Organization: Cmc Retirement Village, Inc. (MO)

Auditor: Maddox & Associates Apc

AI Summary

Answer: The project issued unauthorized payments totaling $3,000 for owner advances.
Trend: This indicates a potential pattern of non-compliance with payment protocols.
List: Review payment approval processes and implement stricter controls to prevent future unauthorized transactions.

THE PROJECT MADE UNAUTHORIZED PAYMENTS OF OWNER ADVANCES IN THE AMOUNT OF $3,000.

ALN	Program Name	Expenditures
14.135	Mortgage Insurance_rental and Cooperative Housing for Moderate Income Families and Elderly, Market Interest Rate	$4.80M
14.157	Supportive Housing for the Elderly	$1.10M
14.195	Section 8 Housing Assistance Payments Program	$545,411