FAC Explorer

Finding 1153682 (2023-001)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2025-09-21
Audit: 366835
Organization: Hoover Seniors (CA)
Auditor: Cohnreznick LLP

AI Summary

  • Answer: The Corporation failed to submit a complete annual financial report to HUD on time.
  • Trend: This delay indicates a potential pattern of non-compliance with reporting deadlines.
  • List: Follow up by ensuring timely submission of reports and reviewing compliance processes to prevent future delays.

Finding Text

Condition/Context The Corporation did not furnish HUD with a complete annual financial report within ninety (90) days following the end of the fiscal year ending December 31, 2023 or within nine months of fiscal year end if an owner certified submission was furnished to HUD.

Categories

HUD Housing Programs

Other Findings in this Audit

  • 1153683 2023-002
    Material Weakness Repeat
  • 1153684 2023-003
    Material Weakness Repeat
  • 1153685 2023-004
    Material Weakness Repeat
  • 1153686 2023-001
    Material Weakness Repeat
  • 1153687 2023-002
    Material Weakness Repeat
  • 1153688 2023-003
    Material Weakness Repeat
  • 1153689 2023-004
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.239 Home Investment Partnerships Program $1.18M
14.157 Supportive Housing for the Elderly $309,161