FAC Explorer

Finding 1153697 (2022-004)

Material Weakness Repeat Finding
Requirement
B
Questioned Costs
$1
Year
2022
Accepted
2025-09-21
Audit: 366836
Organization: Vermont Seniors (CA)
Auditor: Cohnreznick LLP

AI Summary

  • Answer: The project improperly paid $4,500 in expenses for an affiliate without HUD approval.
  • Trend: This indicates a potential pattern of unauthorized financial transactions that could lead to compliance issues.
  • List: Follow up by ensuring all future expenses have proper approvals and review past transactions for compliance.

Finding Text

Condition/Context During the year ended December 31, 2022, the project paid expenses in the amount of $4,500 on behalf of an affiliate from project cash without HUD approval. The amount due to the project as of December 31, 2022 is $4,500.

Categories

Questioned Costs HUD Housing Programs

Other Findings in this Audit

  • 1153690 2022-001
    Material Weakness Repeat
  • 1153691 2022-002
    Material Weakness Repeat
  • 1153692 2022-003
    Material Weakness Repeat
  • 1153693 2022-004
    Material Weakness Repeat
  • 1153694 2022-001
    Material Weakness Repeat
  • 1153695 2022-002
    Material Weakness Repeat
  • 1153696 2022-003
    Material Weakness Repeat
  • 1153698 2022-002
    Material Weakness Repeat
  • 1153699 2022-003
    Material Weakness Repeat
  • 1153700 2022-004
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.239 Home Investment Partnerships Program $10.96M
14.157 Supportive Housing for the Elderly $591,830